ECLM.DE vs. EUDF.DE
ECLM.DE (HANetf iClima Global Decarbonisation Enablers UCITS ETF) and EUDF.DE (WisdomTree Europe Defence UCITS ETF - EUR Acc) are both exchange-traded funds - ECLM.DE is a Global Equities fund tracking the iClima Global Decarbonisation Enablers, while EUDF.DE is a Aerospace & Defense fund tracking the WisdomTree Europe Defence UCITS Index (NTR). Both are passively managed. Over the past year, ECLM.DE returned 37.06% vs -3.37% for EUDF.DE. At a 0.27 correlation, their price movements are largely independent. ECLM.DE charges 0.65%/yr vs 0.40%/yr for EUDF.DE.
Performance
ECLM.DE vs. EUDF.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 EUDF.DE's 2.51% 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*
- —
EUDF.DE
- 1D
- 1.22%
- 1M
- -3.90%
- YTD
- 2.51%
- 6M
- 5.21%
- 1Y
- -3.37%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
ECLM.DE vs. EUDF.DE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | |
|---|---|---|
ECLM.DE HANetf iClima Global Decarbonisation Enablers UCITS ETF | 18.15% | 20.29% |
EUDF.DE WisdomTree Europe Defence UCITS ETF - EUR Acc | 2.51% | 18.55% |
Correlation
The correlation between ECLM.DE and EUDF.DE is 0.22, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.22 |
Correlation (All Time) Calculated using the full available price history since Mar 12, 2025 | 0.27 |
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Return for Risk
ECLM.DE vs. EUDF.DE — Risk / Return Rank
ECLM.DE
EUDF.DE
ECLM.DE vs. EUDF.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 WisdomTree Europe Defence UCITS ETF - EUR Acc (EUDF.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 | EUDF.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +1.40 | ||
| Sortino ratioReturn per unit of downside risk | +1.98 | ||
| Omega ratioGain probability vs. loss probability | 1.32 | 1.00 | +0.32 |
| Calmar ratioReturn relative to maximum drawdown | 1.87 | -0.17 | +2.04 |
| Martin ratioReturn relative to average drawdown | 3.63 | -0.39 | +4.02 |
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 | EUDF.DE | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.29 | -0.12 | +1.40 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | -0.01 | — | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.10 | 0.55 | -0.46 |
Drawdowns
ECLM.DE vs. EUDF.DE - Drawdown Comparison
The maximum ECLM.DE drawdown since its inception was -49.88%, which is greater than EUDF.DE's maximum drawdown of -19.51%. Use the drawdown chart below to compare losses from any high point for ECLM.DE and EUDF.DE.
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Drawdown Indicators
| ECLM.DE | EUDF.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -49.88% | -19.51% | -30.37% |
Max Drawdown (1Y)Largest decline over 1 year | -19.77% | -19.51% | -0.26% |
Max Drawdown (3Y)Largest decline over 3 years | -36.17% | — | — |
Max Drawdown (5Y)Largest decline over 5 years | -49.88% | — | — |
Current DrawdownCurrent decline from peak | -16.23% | -14.05% | -2.18% |
Average DrawdownAverage peak-to-trough decline | -24.19% | -6.55% | -17.64% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 10.19% | 8.29% | +1.90% |
Volatility
ECLM.DE vs. EUDF.DE - Volatility Comparison
The current volatility for HANetf iClima Global Decarbonisation Enablers UCITS ETF (ECLM.DE) is 6.50%, while WisdomTree Europe Defence UCITS ETF - EUR Acc (EUDF.DE) has a volatility of 9.95%. This indicates that ECLM.DE experiences smaller price fluctuations and is considered to be less risky than EUDF.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 | EUDF.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 6.50% | 9.95% | -3.45% |
Volatility (6M)Calculated over the trailing 6-month period | 13.35% | 22.54% | -9.19% |
Volatility (1Y)Calculated over the trailing 1-year period | 28.64% | 29.15% | -0.51% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 23.04% | 30.89% | -7.85% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 23.35% | 30.89% | -7.54% |
ECLM.DE vs. EUDF.DE - Expense Ratio Comparison
ECLM.DE has a 0.65% expense ratio, which is higher than EUDF.DE's 0.40% expense ratio.
Dividends
ECLM.DE vs. EUDF.DE - Dividend Comparison
Neither ECLM.DE nor EUDF.DE has paid dividends to shareholders.
Frequently Asked Questions
ECLM.DE and EUDF.DE have a correlation of 0.22, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, EUDF.DE is cheaper at 0.40% per year. The better choice depends on whether you care most about return, fees, risk, or income.
EUDF.DE is cheaper with a 0.40% expense ratio, compared with 0.65% for ECLM.DE.
ECLM.DE is categorized as Global Equities, while EUDF.DE is Aerospace & Defense. ECLM.DE tracks iClima Global Decarbonisation Enablers, while EUDF.DE tracks WisdomTree Europe Defence UCITS Index (NTR). They also come from different issuers: HANetf and WisdomTree. Their fees differ too: 0.65% for ECLM.DE and 0.40% for EUDF.DE.
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