ECLM.DE vs. CSY9.DE
ECLM.DE (HANetf iClima Global Decarbonisation Enablers UCITS ETF) and CSY9.DE (CSIF (IE) MSCI World ESG Leaders Minimum Volatility Blue UCITS ETF B USD) are both Global Equities funds - ECLM.DE tracks the iClima Global Decarbonisation Enablers while CSY9.DE tracks the MSCI World ESG Leaders Minimum Volatility. Both are passively managed. Over the past 5 years, ECLM.DE returned -0.34%/yr vs 6.22%/yr for CSY9.DE. At a 0.44 correlation, their price movements are largely independent. ECLM.DE charges 0.65%/yr vs 0.25%/yr for CSY9.DE.
Performance
ECLM.DE vs. CSY9.DE - Performance Comparison
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Returns By Period
In the year-to-date period, ECLM.DE achieves a 18.15% return, which is significantly higher than CSY9.DE's 3.19% return.
ECLM.DE
- 1D
- -1.47%
- 1M
- 5.70%
- YTD
- 18.15%
- 6M
- 17.28%
- 1Y
- 37.06%
- 3Y*
- 4.30%
- 5Y*
- -0.34%
- 10Y*
- —
CSY9.DE
- 1D
- 0.16%
- 1M
- 2.99%
- YTD
- 3.19%
- 6M
- 3.34%
- 1Y
- 3.09%
- 3Y*
- 6.65%
- 5Y*
- 6.22%
- 10Y*
- —
ECLM.DE vs. CSY9.DE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | |
|---|---|---|---|---|---|---|---|
ECLM.DE HANetf iClima Global Decarbonisation Enablers UCITS ETF | 18.15% | 12.83% | -11.47% | 1.02% | -23.37% | 14.89% | 7.80% |
CSY9.DE CSIF (IE) MSCI World ESG Leaders Minimum Volatility Blue UCITS ETF B USD | 3.19% | -0.67% | 16.05% | 5.76% | -5.25% | 23.30% | 0.49% |
Correlation
The correlation between ECLM.DE and CSY9.DE is 0.27, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.27 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.34 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.44 |
Correlation (All Time) Calculated using the full available price history since Dec 14, 2020 | 0.44 |
The correlation between ECLM.DE and CSY9.DE shifts across timeframes, from 0.27 (1 year) to 0.44 (all time), reflecting how their relationship changes across market environments.
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Return for Risk
ECLM.DE vs. CSY9.DE — Risk / Return Rank
ECLM.DE
CSY9.DE
ECLM.DE vs. CSY9.DE - 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 CSIF (IE) MSCI World ESG Leaders Minimum Volatility Blue UCITS ETF B USD (CSY9.DE). 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.
| ECLM.DE | CSY9.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.91 | ||
| Sortino ratioReturn per unit of downside risk | +1.44 | ||
| Omega ratioGain probability vs. loss probability | 1.32 | 1.07 | +0.25 |
| Calmar ratioReturn relative to maximum drawdown | 1.87 | 0.69 | +1.18 |
| Martin ratioReturn relative to average drawdown | 3.63 | 1.54 | +2.09 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| ECLM.DE | CSY9.DE | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.29 | 0.38 | +0.91 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | -0.01 | 0.51 | -0.53 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.10 | 0.61 | -0.51 |
Drawdowns
ECLM.DE vs. CSY9.DE - Drawdown Comparison
The maximum ECLM.DE drawdown since its inception was -49.88%, which is greater than CSY9.DE's maximum drawdown of -13.92%. Use the drawdown chart below to compare losses from any high point for ECLM.DE and CSY9.DE.
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Drawdown Indicators
| ECLM.DE | CSY9.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -49.88% | -13.92% | -35.96% |
Max Drawdown (1Y)Largest decline over 1 year | -19.77% | -4.48% | -15.29% |
Max Drawdown (3Y)Largest decline over 3 years | -36.17% | -13.92% | -22.25% |
Max Drawdown (5Y)Largest decline over 5 years | -49.88% | -13.92% | -35.96% |
Current DrawdownCurrent decline from peak | -16.23% | -2.72% | -13.51% |
Average DrawdownAverage peak-to-trough decline | -24.19% | -3.70% | -20.49% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 10.19% | 2.00% | +8.19% |
Volatility
ECLM.DE vs. CSY9.DE - Volatility Comparison
HANetf iClima Global Decarbonisation Enablers UCITS ETF (ECLM.DE) has a higher volatility of 6.50% compared to CSIF (IE) MSCI World ESG Leaders Minimum Volatility Blue UCITS ETF B USD (CSY9.DE) at 2.09%. This indicates that ECLM.DE's price experiences larger fluctuations and is considered to be riskier than CSY9.DE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| ECLM.DE | CSY9.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 6.50% | 2.09% | +4.41% |
Volatility (6M)Calculated over the trailing 6-month period | 13.35% | 5.48% | +7.87% |
Volatility (1Y)Calculated over the trailing 1-year period | 28.64% | 8.07% | +20.57% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 23.04% | 12.03% | +11.01% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 23.35% | 11.91% | +11.44% |
ECLM.DE vs. CSY9.DE - Expense Ratio Comparison
ECLM.DE has a 0.65% expense ratio, which is higher than CSY9.DE's 0.25% expense ratio.
Dividends
ECLM.DE vs. CSY9.DE - Dividend Comparison
Neither ECLM.DE nor CSY9.DE has paid dividends to shareholders.
Frequently Asked Questions
ECLM.DE and CSY9.DE have a correlation of 0.27, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, CSY9.DE is cheaper at 0.25% per year. The better choice depends on whether you care most about return, fees, risk, or income.
CSY9.DE is cheaper with a 0.25% expense ratio, compared with 0.65% for ECLM.DE.
ECLM.DE tracks iClima Global Decarbonisation Enablers, while CSY9.DE tracks MSCI World ESG Leaders Minimum Volatility. They also come from different issuers: HANetf and Credit Suisse. Their fees differ too: 0.65% for ECLM.DE and 0.25% for CSY9.DE.
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