ECLM.DE vs. M37R.DE
ECLM.DE (HANetf iClima Global Decarbonisation Enablers UCITS ETF) and M37R.DE (HANetf ETC Group Global Metaverse UCITS ETF) are both exchange-traded funds - ECLM.DE is a Global Equities fund tracking the iClima Global Decarbonisation Enablers, while M37R.DE is a Technology Equities fund tracking the Solactive ETC Group Global Metaverse. Both are passively managed. Over the past year, ECLM.DE returned 37.06% vs -5.22% for M37R.DE. A 0.52 correlation means they provide meaningful diversification when combined. Both charge a 0.65% expense ratio.
Performance
ECLM.DE vs. M37R.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 M37R.DE's -6.38% 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*
- —
M37R.DE
- 1D
- 1.15%
- 1M
- 5.28%
- YTD
- -6.38%
- 6M
- -12.87%
- 1Y
- -5.22%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
ECLM.DE vs. M37R.DE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | |
|---|---|---|---|
ECLM.DE HANetf iClima Global Decarbonisation Enablers UCITS ETF | 18.15% | 12.83% | -8.70% |
M37R.DE HANetf ETC Group Global Metaverse UCITS ETF | -6.38% | -10.17% | 28.74% |
Correlation
The correlation between ECLM.DE and M37R.DE is 0.46, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.46 |
Correlation (All Time) Calculated using the full available price history since Sep 27, 2024 | 0.52 |
The correlation between ECLM.DE and M37R.DE has been stable across timeframes, ranging from 0.46 to 0.52 - a consistent structural relationship.
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Return for Risk
ECLM.DE vs. M37R.DE — Risk / Return Rank
ECLM.DE
M37R.DE
ECLM.DE vs. M37R.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 HANetf ETC Group Global Metaverse UCITS ETF (M37R.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 | M37R.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +1.47 | ||
| Sortino ratioReturn per unit of downside risk | +2.08 | ||
| Omega ratioGain probability vs. loss probability | 1.32 | 0.99 | +0.33 |
| Calmar ratioReturn relative to maximum drawdown | 1.87 | -0.13 | +2.00 |
| Martin ratioReturn relative to average drawdown | 3.63 | -0.27 | +3.90 |
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 | M37R.DE | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.29 | -0.18 | +1.47 |
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 | 0.15 | -0.05 |
Drawdowns
ECLM.DE vs. M37R.DE - Drawdown Comparison
The maximum ECLM.DE drawdown since its inception was -49.88%, which is greater than M37R.DE's maximum drawdown of -38.85%. Use the drawdown chart below to compare losses from any high point for ECLM.DE and M37R.DE.
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Drawdown Indicators
| ECLM.DE | M37R.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -49.88% | -38.85% | -11.03% |
Max Drawdown (1Y)Largest decline over 1 year | -19.77% | -38.85% | +19.08% |
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% | -24.62% | +8.39% |
Average DrawdownAverage peak-to-trough decline | -24.19% | -14.24% | -9.95% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 10.19% | 18.99% | -8.80% |
Volatility
ECLM.DE vs. M37R.DE - Volatility Comparison
The current volatility for HANetf iClima Global Decarbonisation Enablers UCITS ETF (ECLM.DE) is 6.50%, while HANetf ETC Group Global Metaverse UCITS ETF (M37R.DE) has a volatility of 10.35%. This indicates that ECLM.DE experiences smaller price fluctuations and is considered to be less risky than M37R.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 | M37R.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 6.50% | 10.35% | -3.85% |
Volatility (6M)Calculated over the trailing 6-month period | 13.35% | 20.98% | -7.63% |
Volatility (1Y)Calculated over the trailing 1-year period | 28.64% | 28.65% | -0.01% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 23.04% | 32.04% | -9.00% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 23.35% | 32.04% | -8.69% |
ECLM.DE vs. M37R.DE - Expense Ratio Comparison
Both ECLM.DE and M37R.DE have an expense ratio of 0.65%.
Dividends
ECLM.DE vs. M37R.DE - Dividend Comparison
Neither ECLM.DE nor M37R.DE has paid dividends to shareholders.
Frequently Asked Questions
ECLM.DE and M37R.DE have a correlation of 0.46, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
Both ETFs have the same 0.65% expense ratio. The better choice depends on whether you care most about return, fees, risk, or income.
ECLM.DE and M37R.DE have the same expense ratio: 0.65% per year.
ECLM.DE is categorized as Global Equities, while M37R.DE is Technology Equities. ECLM.DE tracks iClima Global Decarbonisation Enablers, while M37R.DE tracks Solactive ETC Group Global Metaverse.
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