ECLM.DE vs. ESGP.DE
ECLM.DE (HANetf iClima Global Decarbonisation Enablers UCITS ETF) and ESGP.DE (Gold Miners Screened UCITS ETF) are both exchange-traded funds - ECLM.DE is a Global Equities fund tracking the iClima Global Decarbonisation Enablers, while ESGP.DE is a Gold fund tracking the VettaFi Gold Miners Screened Index. Both are passively managed. Over the past 3 years, ECLM.DE returned 1.64%/yr vs 11.24%/yr for ESGP.DE. A 0.66 correlation means they provide meaningful diversification when combined. ECLM.DE charges 0.65%/yr vs 0.60%/yr for ESGP.DE.
Performance
ECLM.DE vs. ESGP.DE - Performance Comparison
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Returns By Period
The year-to-date returns for both stocks are quite close, with ECLM.DE having a 11.85% return and ESGP.DE slightly lower at 11.48%.
ECLM.DE
- 1D
- 0.00%
- 1M
- -3.85%
- 6M
- 5.54%
- YTD
- 11.85%
- 1Y
- 24.86%
- 3Y*
- 1.64%
- 5Y*
- -2.06%
- 10Y*
- —
ESGP.DE
- 1D
- 0.00%
- 1M
- 3.54%
- 6M
- 8.31%
- YTD
- 11.48%
- 1Y
- 16.66%
- 3Y*
- 11.24%
- 5Y*
- —
- 10Y*
- —
ECLM.DE vs. ESGP.DE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|---|---|
ECLM.DE HANetf iClima Global Decarbonisation Enablers UCITS ETF | 11.85% | 12.83% | -11.47% | 1.02% | -23.37% | -0.28% |
ESGP.DE Gold Miners Screened UCITS ETF | 11.48% | 5.79% | 12.94% | 2.10% | -2.36% | 2.90% |
Correlation
The correlation between ECLM.DE and ESGP.DE is 0.56, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.56 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.65 |
Correlation (All Time) Calculated using the full available price history since Aug 27, 2021 | 0.66 |
The correlation between ECLM.DE and ESGP.DE has been stable across timeframes, ranging from 0.56 to 0.66 - a consistent structural relationship.
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Return for Risk
ECLM.DE vs. ESGP.DE — Risk / Return Rank
ECLM.DE
ESGP.DE
ECLM.DE vs. ESGP.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 Gold Miners Screened UCITS ETF (ESGP.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.
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 | ESGP.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.60 | ||
| Sortino ratioReturn per unit of downside risk | -0.72 | ||
| Omega ratioGain probability vs. loss probability | 1.22 | 1.25 | -0.03 |
| Calmar ratioReturn relative to maximum drawdown | 1.26 | 2.65 | -1.39 |
| Martin ratioReturn relative to average drawdown | 2.42 | 7.50 | -5.08 |
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Drawdowns
ECLM.DE vs. ESGP.DE - Drawdown Comparison
The maximum ECLM.DE drawdown since its inception was -49.88%, which is greater than ESGP.DE's maximum drawdown of -20.50%. Use the drawdown chart below to compare losses from any high point for ECLM.DE and ESGP.DE.
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Drawdown Indicators
| ECLM.DE | ESGP.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -49.88% | -20.50% | -29.38% |
Max Drawdown (1Y)Largest decline over 1 year | -19.77% | -6.31% | -13.46% |
Max Drawdown (3Y)Largest decline over 3 years | -36.17% | -20.50% | -15.67% |
Max Drawdown (5Y)Largest decline over 5 years | -49.88% | — | — |
Current DrawdownCurrent decline from peak | -20.70% | 0.00% | -20.70% |
Average DrawdownAverage peak-to-trough decline | -24.09% | -5.23% | -18.86% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 10.26% | 2.23% | +8.03% |
Volatility
ECLM.DE vs. ESGP.DE - Volatility Comparison
HANetf iClima Global Decarbonisation Enablers UCITS ETF (ECLM.DE) has a higher volatility of 6.41% compared to Gold Miners Screened UCITS ETF (ESGP.DE) at 2.13%. This indicates that ECLM.DE's price experiences larger fluctuations and is considered to be riskier than ESGP.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 | ESGP.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 6.41% | 2.13% | +4.28% |
Volatility (6M)Calculated over the trailing 6-month period | 14.84% | 8.96% | +5.88% |
Volatility (1Y)Calculated over the trailing 1-year period | 29.30% | 11.59% | +17.71% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 23.23% | 14.44% | +8.79% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 24.37% | 14.44% | +9.93% |
ECLM.DE vs. ESGP.DE - Expense Ratio Comparison
ECLM.DE has a 0.65% expense ratio, which is higher than ESGP.DE's 0.60% expense ratio.
Dividends
ECLM.DE vs. ESGP.DE - Dividend Comparison
Neither ECLM.DE nor ESGP.DE has paid dividends to shareholders.
Frequently Asked Questions
ECLM.DE and ESGP.DE have a correlation of 0.56, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, ESGP.DE is cheaper at 0.60% per year. The better choice depends on whether you care most about return, fees, risk, or income.
ESGP.DE is cheaper with a 0.60% expense ratio, compared with 0.65% for ECLM.DE.
ECLM.DE is categorized as Global Equities, while ESGP.DE is Gold. ECLM.DE tracks iClima Global Decarbonisation Enablers, while ESGP.DE tracks VettaFi Gold Miners Screened Index. Their fees differ too: 0.65% for ECLM.DE and 0.60% for ESGP.DE.
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