ECLM.DE vs. W311.DE
ECLM.DE (HANetf iClima Global Decarbonisation Enablers UCITS ETF) and W311.DE (HANetf HAN-GINS Indxx Healthcare Megatrend Equal Weight UCITS ETF) are both exchange-traded funds - ECLM.DE is a Global Equities fund tracking the iClima Global Decarbonisation Enablers, while W311.DE is a Health & Biotech Equities fund tracking the Indxx Global NextGen Healthcare. Both are passively managed. Over the past 5 years, ECLM.DE returned -0.34%/yr vs -5.98%/yr for W311.DE. A 0.64 correlation means they provide meaningful diversification when combined. ECLM.DE charges 0.65%/yr vs 0.59%/yr for W311.DE.
Performance
ECLM.DE vs. W311.DE - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, ECLM.DE achieves a 18.15% return, which is significantly higher than W311.DE's -3.63% 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*
- —
W311.DE
- 1D
- 3.38%
- 1M
- 1.65%
- YTD
- -3.63%
- 6M
- -6.55%
- 1Y
- 11.17%
- 3Y*
- -2.49%
- 5Y*
- -5.98%
- 10Y*
- —
ECLM.DE vs. W311.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% |
W311.DE HANetf HAN-GINS Indxx Healthcare Megatrend Equal Weight UCITS ETF | -3.63% | 7.18% | -4.84% | -0.30% | -25.93% | 1.52% | 2.70% |
Correlation
The correlation between ECLM.DE and W311.DE is 0.30, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.30 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.52 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.64 |
Correlation (All Time) Calculated using the full available price history since Dec 14, 2020 | 0.64 |
Over the past year, the correlation between ECLM.DE and W311.DE has dropped to 0.30 - well below their long-term average of 0.64, suggesting their price drivers have been diverging.
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Return for Risk
ECLM.DE vs. W311.DE — Risk / Return Rank
ECLM.DE
W311.DE
ECLM.DE vs. W311.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 HAN-GINS Indxx Healthcare Megatrend Equal Weight UCITS ETF (W311.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 | W311.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.70 | ||
| Sortino ratioReturn per unit of downside risk | +1.05 | ||
| Omega ratioGain probability vs. loss probability | 1.32 | 1.11 | +0.22 |
| Calmar ratioReturn relative to maximum drawdown | 1.87 | 0.69 | +1.17 |
| Martin ratioReturn relative to average drawdown | 3.63 | 1.61 | +2.02 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
Loading charts...
Sharpe Ratios by Period
| ECLM.DE | W311.DE | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.29 | 0.59 | +0.70 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | -0.01 | -0.26 | +0.25 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.10 | -0.02 | +0.11 |
Drawdowns
ECLM.DE vs. W311.DE - Drawdown Comparison
The maximum ECLM.DE drawdown since its inception was -49.88%, roughly equal to the maximum W311.DE drawdown of -48.92%. Use the drawdown chart below to compare losses from any high point for ECLM.DE and W311.DE.
Loading charts...
Drawdown Indicators
| ECLM.DE | W311.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -49.88% | -48.92% | -0.96% |
Max Drawdown (1Y)Largest decline over 1 year | -19.77% | -16.09% | -3.68% |
Max Drawdown (3Y)Largest decline over 3 years | -36.17% | -28.36% | -7.81% |
Max Drawdown (5Y)Largest decline over 5 years | -49.88% | -48.92% | -0.96% |
Current DrawdownCurrent decline from peak | -16.23% | -35.40% | +19.17% |
Average DrawdownAverage peak-to-trough decline | -24.19% | -23.20% | -0.99% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 10.19% | 6.93% | +3.26% |
Volatility
ECLM.DE vs. W311.DE - Volatility Comparison
HANetf iClima Global Decarbonisation Enablers UCITS ETF (ECLM.DE) and HANetf HAN-GINS Indxx Healthcare Megatrend Equal Weight UCITS ETF (W311.DE) have volatilities of 6.50% and 6.31%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| ECLM.DE | W311.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 6.50% | 6.31% | +0.19% |
Volatility (6M)Calculated over the trailing 6-month period | 13.35% | 13.92% | -0.57% |
Volatility (1Y)Calculated over the trailing 1-year period | 28.64% | 18.96% | +9.68% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 23.04% | 22.38% | +0.66% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 23.35% | 22.73% | +0.62% |
ECLM.DE vs. W311.DE - Expense Ratio Comparison
ECLM.DE has a 0.65% expense ratio, which is higher than W311.DE's 0.59% expense ratio.
Dividends
ECLM.DE vs. W311.DE - Dividend Comparison
Neither ECLM.DE nor W311.DE has paid dividends to shareholders.
Frequently Asked Questions
ECLM.DE and W311.DE have a correlation of 0.30, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, W311.DE is cheaper at 0.59% per year. The better choice depends on whether you care most about return, fees, risk, or income.
W311.DE is cheaper with a 0.59% expense ratio, compared with 0.65% for ECLM.DE.
ECLM.DE is categorized as Global Equities, while W311.DE is Health & Biotech Equities. ECLM.DE tracks iClima Global Decarbonisation Enablers, while W311.DE tracks Indxx Global NextGen Healthcare. Their fees differ too: 0.65% for ECLM.DE and 0.59% for W311.DE.
Find the right allocation for ECLM.DE and W311.DE
Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Optimizer