ECLM.DE vs. RM8U.DE
ECLM.DE (HANetf iClima Global Decarbonisation Enablers UCITS ETF) and RM8U.DE (HANetf The Royal Mint Responsibly Sourced Physical Gold ETC) are both exchange-traded funds - ECLM.DE is a Global Equities fund tracking the iClima Global Decarbonisation Enablers, while RM8U.DE is a Precious Metals fund tracking the Gold. Both are passively managed. Over the past 5 years, ECLM.DE returned -0.34%/yr vs 19.57%/yr for RM8U.DE. At a 0.05 correlation, their price movements are largely independent. ECLM.DE charges 0.65%/yr vs 0.22%/yr for RM8U.DE.
Performance
ECLM.DE vs. RM8U.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 RM8U.DE's 2.70% 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*
- —
RM8U.DE
- 1D
- 0.59%
- 1M
- -1.56%
- YTD
- 2.70%
- 6M
- 6.33%
- 1Y
- 30.06%
- 3Y*
- 27.86%
- 5Y*
- 19.57%
- 10Y*
- —
ECLM.DE vs. RM8U.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% |
RM8U.DE HANetf The Royal Mint Responsibly Sourced Physical Gold ETC | 2.70% | 48.89% | 34.03% | 9.20% | 6.98% | 3.69% | 0.51% |
Correlation
The correlation between ECLM.DE and RM8U.DE is 0.20, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.20 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.09 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.05 |
Correlation (All Time) Calculated using the full available price history since Dec 14, 2020 | 0.05 |
The correlation between ECLM.DE and RM8U.DE shifts across timeframes, from 0.05 (5 years) to 0.20 (1 year), reflecting how their relationship changes across market environments.
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Return for Risk
ECLM.DE vs. RM8U.DE — Risk / Return Rank
ECLM.DE
RM8U.DE
ECLM.DE vs. RM8U.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 The Royal Mint Responsibly Sourced Physical Gold ETC (RM8U.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 | RM8U.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.01 | ||
| Sortino ratioReturn per unit of downside risk | +0.27 | ||
| Omega ratioGain probability vs. loss probability | 1.32 | 1.26 | +0.07 |
| Calmar ratioReturn relative to maximum drawdown | 1.87 | 1.81 | +0.06 |
| Martin ratioReturn relative to average drawdown | 3.63 | 4.58 | -0.95 |
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 | RM8U.DE | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.29 | 1.30 | -0.01 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | -0.01 | 1.21 | -1.22 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.10 | 1.01 | -0.91 |
Drawdowns
ECLM.DE vs. RM8U.DE - Drawdown Comparison
The maximum ECLM.DE drawdown since its inception was -49.88%, which is greater than RM8U.DE's maximum drawdown of -18.51%. Use the drawdown chart below to compare losses from any high point for ECLM.DE and RM8U.DE.
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Drawdown Indicators
| ECLM.DE | RM8U.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -49.88% | -18.51% | -31.37% |
Max Drawdown (1Y)Largest decline over 1 year | -19.77% | -16.54% | -3.23% |
Max Drawdown (3Y)Largest decline over 3 years | -36.17% | -16.54% | -19.63% |
Max Drawdown (5Y)Largest decline over 5 years | -49.88% | -16.54% | -33.34% |
Current DrawdownCurrent decline from peak | -16.23% | -15.01% | -1.22% |
Average DrawdownAverage peak-to-trough decline | -24.19% | -6.13% | -18.06% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 10.19% | 6.55% | +3.64% |
Volatility
ECLM.DE vs. RM8U.DE - Volatility Comparison
HANetf iClima Global Decarbonisation Enablers UCITS ETF (ECLM.DE) has a higher volatility of 6.50% compared to HANetf The Royal Mint Responsibly Sourced Physical Gold ETC (RM8U.DE) at 5.04%. This indicates that ECLM.DE's price experiences larger fluctuations and is considered to be riskier than RM8U.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 | RM8U.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 6.50% | 5.04% | +1.46% |
Volatility (6M)Calculated over the trailing 6-month period | 13.35% | 20.04% | -6.69% |
Volatility (1Y)Calculated over the trailing 1-year period | 28.64% | 23.03% | +5.61% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 23.04% | 15.99% | +7.05% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 23.35% | 16.17% | +7.18% |
ECLM.DE vs. RM8U.DE - Expense Ratio Comparison
ECLM.DE has a 0.65% expense ratio, which is higher than RM8U.DE's 0.22% expense ratio.
Dividends
ECLM.DE vs. RM8U.DE - Dividend Comparison
Neither ECLM.DE nor RM8U.DE has paid dividends to shareholders.
Frequently Asked Questions
ECLM.DE and RM8U.DE have a correlation of 0.20, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, RM8U.DE is cheaper at 0.22% per year. The better choice depends on whether you care most about return, fees, risk, or income.
RM8U.DE is cheaper with a 0.22% expense ratio, compared with 0.65% for ECLM.DE.
ECLM.DE is categorized as Global Equities, while RM8U.DE is Precious Metals. ECLM.DE tracks iClima Global Decarbonisation Enablers, while RM8U.DE tracks Gold. Their fees differ too: 0.65% for ECLM.DE and 0.22% for RM8U.DE.
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