EMEC.DE vs. XMLC.DE
Compare and contrast key facts about BNP Paribas Easy ECPI Circular Economy Leaders UCITS ETF EUR (EMEC.DE) and L&G Clean Water UCITS ETF (XMLC.DE).
EMEC.DE and XMLC.DE are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. EMEC.DE is a passively managed fund by BNP Paribas that tracks the performance of the ECPI Circular Economy Leaders Equity. It was launched on Apr 24, 2019. XMLC.DE is a passively managed fund by Legal & General that tracks the performance of the Solactive Clean Water. It was launched on Jun 26, 2019. Both EMEC.DE and XMLC.DE are passive ETFs, meaning that they are not actively managed but aim to replicate the performance of the underlying index as closely as possible.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: EMEC.DE or XMLC.DE.
Key characteristics
| EMEC.DE | XMLC.DE | |
|---|---|---|
| YTD Return | 8.12% | 7.99% |
| 1Y Return | 14.12% | 19.14% |
| 3Y Return (Ann) | 7.39% | 5.73% |
| Sharpe Ratio | 1.44 | 1.53 |
| Daily Std Dev | 11.00% | 14.03% |
| Max Drawdown | -30.18% | -28.21% |
| Current Drawdown | -3.69% | -4.46% |
Correlation
The correlation between EMEC.DE and XMLC.DE is 0.78, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.
Performance
EMEC.DE vs. XMLC.DE - Performance Comparison
The year-to-date returns for both stocks are quite close, with EMEC.DE having a 8.12% return and XMLC.DE slightly lower at 7.99%. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
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EMEC.DE vs. XMLC.DE - Expense Ratio Comparison
EMEC.DE has a 0.30% expense ratio, which is lower than XMLC.DE's 0.49% expense ratio.
Risk-Adjusted Performance
EMEC.DE vs. XMLC.DE - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for BNP Paribas Easy ECPI Circular Economy Leaders UCITS ETF EUR (EMEC.DE) and L&G Clean Water UCITS ETF (XMLC.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.
Dividends
EMEC.DE vs. XMLC.DE - Dividend Comparison
Neither EMEC.DE nor XMLC.DE has paid dividends to shareholders.
Drawdowns
EMEC.DE vs. XMLC.DE - Drawdown Comparison
The maximum EMEC.DE drawdown since its inception was -30.18%, which is greater than XMLC.DE's maximum drawdown of -28.21%. Use the drawdown chart below to compare losses from any high point for EMEC.DE and XMLC.DE. For additional features, visit the drawdowns tool.
Volatility
EMEC.DE vs. XMLC.DE - Volatility Comparison
The current volatility for BNP Paribas Easy ECPI Circular Economy Leaders UCITS ETF EUR (EMEC.DE) is 3.75%, while L&G Clean Water UCITS ETF (XMLC.DE) has a volatility of 4.42%. This indicates that EMEC.DE experiences smaller price fluctuations and is considered to be less risky than XMLC.DE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.