EMEH.DE vs. ENTR.DE
EMEH.DE (BNP Paribas Easy Energy & Metals Enhanced Roll UCITS ETF EUR) and ENTR.DE (L&G New Energy Commodities UCITS ETF USD Accumulating) are both Commodities funds - EMEH.DE tracks the BNP Paribas Energy & Metals Enhanced Roll (EUR Hedged) while ENTR.DE tracks the Solactive Energy Transition Commodity. Both are passively managed. Over the past year, EMEH.DE returned 43.19% vs 37.69% for ENTR.DE. A 0.58 correlation means they provide meaningful diversification when combined. EMEH.DE charges 0.39%/yr vs 0.65%/yr for ENTR.DE.
Performance
EMEH.DE vs. ENTR.DE - Performance Comparison
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Returns By Period
In the year-to-date period, EMEH.DE achieves a 21.33% return, which is significantly higher than ENTR.DE's 12.78% return.
EMEH.DE
- 1D
- -0.55%
- 1M
- 0.49%
- YTD
- 21.33%
- 6M
- 22.74%
- 1Y
- 43.19%
- 3Y*
- 16.63%
- 5Y*
- 11.35%
- 10Y*
- —
ENTR.DE
- 1D
- -0.84%
- 1M
- 1.00%
- YTD
- 12.78%
- 6M
- 23.00%
- 1Y
- 37.69%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
EMEH.DE vs. ENTR.DE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | |
|---|---|---|---|
EMEH.DE BNP Paribas Easy Energy & Metals Enhanced Roll UCITS ETF EUR | 21.33% | 25.40% | -1.12% |
ENTR.DE L&G New Energy Commodities UCITS ETF USD Accumulating | 12.78% | 17.08% | -0.06% |
Correlation
The correlation between EMEH.DE and ENTR.DE is 0.56, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.56 |
Correlation (All Time) Calculated using the full available price history since Apr 18, 2024 | 0.58 |
The correlation between EMEH.DE and ENTR.DE has been stable across timeframes, ranging from 0.56 to 0.58 - a consistent structural relationship.
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Return for Risk
EMEH.DE vs. ENTR.DE — Risk / Return Rank
EMEH.DE
ENTR.DE
EMEH.DE vs. ENTR.DE - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for BNP Paribas Easy Energy & Metals Enhanced Roll UCITS ETF EUR (EMEH.DE) and L&G New Energy Commodities UCITS ETF USD Accumulating (ENTR.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.
| EMEH.DE | ENTR.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.19 | ||
| Sortino ratioReturn per unit of downside risk | -0.05 | ||
| Omega ratioGain probability vs. loss probability | 1.45 | 1.41 | +0.04 |
| Calmar ratioReturn relative to maximum drawdown | 4.95 | 3.86 | +1.09 |
| Martin ratioReturn relative to average drawdown | 14.34 | 13.56 | +0.78 |
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
| EMEH.DE | ENTR.DE | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 2.47 | 2.27 | +0.19 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.64 | — | — |
Sharpe Ratio (All Time)Calculated using the full available price history | -0.48 | 0.92 | -1.40 |
Drawdowns
EMEH.DE vs. ENTR.DE - Drawdown Comparison
The maximum EMEH.DE drawdown since its inception was -92.42%, which is greater than ENTR.DE's maximum drawdown of -14.17%. Use the drawdown chart below to compare losses from any high point for EMEH.DE and ENTR.DE.
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Drawdown Indicators
| EMEH.DE | ENTR.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -92.42% | -14.17% | -78.25% |
Max Drawdown (1Y)Largest decline over 1 year | -8.89% | -9.72% | +0.83% |
Max Drawdown (3Y)Largest decline over 3 years | -12.28% | — | — |
Max Drawdown (5Y)Largest decline over 5 years | -32.73% | — | — |
Current DrawdownCurrent decline from peak | -80.34% | -2.59% | -77.75% |
Average DrawdownAverage peak-to-trough decline | -81.38% | -5.85% | -75.53% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 3.08% | 2.77% | +0.31% |
Volatility
EMEH.DE vs. ENTR.DE - Volatility Comparison
The current volatility for BNP Paribas Easy Energy & Metals Enhanced Roll UCITS ETF EUR (EMEH.DE) is 4.15%, while L&G New Energy Commodities UCITS ETF USD Accumulating (ENTR.DE) has a volatility of 4.62%. This indicates that EMEH.DE experiences smaller price fluctuations and is considered to be less risky than ENTR.DE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| EMEH.DE | ENTR.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 4.15% | 4.62% | -0.47% |
Volatility (6M)Calculated over the trailing 6-month period | 15.95% | 13.78% | +2.17% |
Volatility (1Y)Calculated over the trailing 1-year period | 17.83% | 16.50% | +1.33% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 17.50% | 15.02% | +2.48% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 34.16% | 15.02% | +19.14% |
EMEH.DE vs. ENTR.DE - Expense Ratio Comparison
EMEH.DE has a 0.39% expense ratio, which is lower than ENTR.DE's 0.65% expense ratio.
Dividends
EMEH.DE vs. ENTR.DE - Dividend Comparison
Neither EMEH.DE nor ENTR.DE has paid dividends to shareholders.
Frequently Asked Questions
EMEH.DE and ENTR.DE have a correlation of 0.56, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, EMEH.DE is cheaper at 0.39% per year. The better choice depends on whether you care most about return, fees, risk, or income.
EMEH.DE is cheaper with a 0.39% expense ratio, compared with 0.65% for ENTR.DE.
EMEH.DE tracks BNP Paribas Energy & Metals Enhanced Roll (EUR Hedged), while ENTR.DE tracks Solactive Energy Transition Commodity. They also come from different issuers: BNP Paribas and Legal & General. Their fees differ too: 0.39% for EMEH.DE and 0.65% for ENTR.DE.
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