ECLM.DE vs. ARMY

Last updated Jul 17, 2026

ECLM.DE (HANetf iClima Global Decarbonisation Enablers UCITS ETF) and ARMY (HANetf Future of European Defence Screened UCITS ETF) are both exchange-traded funds - ECLM.DE is a Global Equities fund tracking the iClima Global Decarbonisation Enablers, while ARMY is a Aerospace & Defense fund tracking the VettaFi European Future of Defence Screened Index. Both are passively managed. At a 0.11 correlation, their price movements are largely independent. ECLM.DE charges 0.65%/yr vs 0.39%/yr for ARMY.

Performance

ECLM.DE vs. ARMY - Performance Comparison

The chart below illustrates the hypothetical performance of a €10,000 investment in HANetf iClima Global Decarbonisation Enablers UCITS ETF (ECLM.DE) and HANetf Future of European Defence Screened UCITS ETF (ARMY). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

ECLM.DE

• 1D: 0.00%
• 1M: -3.85%
• 6M: 5.54%
• YTD: 11.85%
• 1Y: 24.86%
• 3Y*: 1.64%
• 5Y*: -2.06%
• 10Y*: —

ARMY

• 1D: -1.00%
• 1M: -5.27%
• 6M: —
• YTD: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

*Multi-year figures are annualized to reflect compound growth (CAGR)

ECLM.DE vs. ARMY - Yearly Performance Comparison

	2026 (YTD)
ECLM.DE HANetf iClima Global Decarbonisation Enablers UCITS ETF	13.68%
ARMY HANetf Future of European Defence Screened UCITS ETF	-5.91%

Correlation

The correlation between ECLM.DE and ARMY is 0.11, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (All Time) Calculated using the full available price history since Mar 31, 2026	0.11

Return for Risk

ECLM.DE vs. ARMY — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

ECLM.DE

ECLM.DE Risk / Return Rank: 31
ECLM.DE Sharpe Ratio Rank: 29
ECLM.DE Sortino Ratio Rank: 32
ECLM.DE Omega Ratio Rank: 41
ECLM.DE Calmar Ratio Rank: 30
ECLM.DE Martin Ratio Rank: 24

ARMY

Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

ECLM.DE vs. ARMY - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for HANetf iClima Global Decarbonisation Enablers UCITS ETF (ECLM.DE) and HANetf Future of European Defence Screened UCITS ETF (ARMY). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.

Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.

	ECLM.DE	ARMY	Difference
Sharpe ratio: Return per unit of total volatility	0.85	—	—
Sortino ratio: Return per unit of downside risk	1.44	—	—
Omega ratio: Gain probability vs. loss probability	1.22	—	—
Calmar ratio: Return relative to maximum drawdown	1.26	—	—
Martin ratio: Return relative to average drawdown	2.42	—	—

Drawdowns

ECLM.DE vs. ARMY - Drawdown Comparison

The maximum ECLM.DE drawdown since its inception was -49.88%, which is greater than ARMY's maximum drawdown of -16.37%. Use the drawdown chart below to compare losses from any high point for ECLM.DE and ARMY.

Drawdown Indicators

	ECLM.DE	ARMY	Difference
Max Drawdown Largest peak-to-trough decline	-49.88%	-16.37%	-33.51%
Max Drawdown (1Y) Largest decline over 1 year	-19.77%	—	—
Max Drawdown (3Y) Largest decline over 3 years	-36.17%	—	—
Max Drawdown (5Y) Largest decline over 5 years	-49.88%	—	—
Current Drawdown Current decline from peak	-20.70%	-13.76%	-6.94%
Average Drawdown Average peak-to-trough decline	-24.09%	-7.29%	-16.80%
Ulcer Index Depth and duration of drawdowns from previous peaks	10.26%	—	—

Volatility

Volatility by Period

	ECLM.DE	ARMY	Difference
Volatility (1M) Calculated over the trailing 1-month period	6.41%	—	—
Volatility (6M) Calculated over the trailing 6-month period	14.84%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	29.30%	32.54%	-3.24%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	23.23%	32.54%	-9.31%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	24.37%	32.54%	-8.17%

ECLM.DE vs. ARMY - Expense Ratio Comparison

ECLM.DE has a 0.65% expense ratio, which is higher than ARMY's 0.39% expense ratio.

Dividends

ECLM.DE vs. ARMY - Dividend Comparison

Neither ECLM.DE nor ARMY has paid dividends to shareholders.

Tickers have no history of dividend payments

Frequently Asked Questions

Can I hold both ECLM.DE and ARMY in my portfolio?

ECLM.DE and ARMY have a correlation of 0.11, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, ECLM.DE or ARMY?

On fees, ARMY is cheaper at 0.39% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, ECLM.DE or ARMY?

ARMY is cheaper with a 0.39% expense ratio, compared with 0.65% for ECLM.DE.

What is the main difference between ECLM.DE and ARMY?

ECLM.DE is categorized as Global Equities, while ARMY is Aerospace & Defense. ECLM.DE tracks iClima Global Decarbonisation Enablers, while ARMY tracks VettaFi European Future of Defence Screened Index. Their fees differ too: 0.65% for ECLM.DE and 0.39% for ARMY.