ENTR.DE vs. EN4C.DE
ENTR.DE (L&G New Energy Commodities UCITS ETF USD Accumulating) and EN4C.DE (L&G Multi-Strategy Enhanced Commodities UCITS ETF) are both Commodities funds from Legal & General - ENTR.DE tracks the Solactive Energy Transition Commodity while EN4C.DE tracks the Barclays Backwardation Tilt Multi-Strategy Capped. Both are passively managed. Over the past year, ENTR.DE returned 37.69% vs 30.49% for EN4C.DE. A 0.51 correlation means they provide meaningful diversification when combined. ENTR.DE charges 0.65%/yr vs 0.30%/yr for EN4C.DE.
Performance
ENTR.DE vs. EN4C.DE - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, ENTR.DE achieves a 12.78% return, which is significantly lower than EN4C.DE's 24.44% return.
ENTR.DE
- 1D
- -0.84%
- 1M
- 1.00%
- YTD
- 12.78%
- 6M
- 23.00%
- 1Y
- 37.69%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
EN4C.DE
- 1D
- -1.57%
- 1M
- -2.39%
- YTD
- 24.44%
- 6M
- 23.57%
- 1Y
- 30.49%
- 3Y*
- 9.70%
- 5Y*
- —
- 10Y*
- —
ENTR.DE vs. EN4C.DE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | |
|---|---|---|---|
ENTR.DE L&G New Energy Commodities UCITS ETF USD Accumulating | 12.78% | 17.08% | -0.06% |
EN4C.DE L&G Multi-Strategy Enhanced Commodities UCITS ETF | 24.44% | -3.13% | 0.06% |
Correlation
The correlation between ENTR.DE and EN4C.DE is 0.47, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.47 |
Correlation (All Time) Calculated using the full available price history since Apr 18, 2024 | 0.51 |
The correlation between ENTR.DE and EN4C.DE has been stable across timeframes, ranging from 0.47 to 0.51 - a consistent structural relationship.
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
ENTR.DE vs. EN4C.DE — Risk / Return Rank
ENTR.DE
EN4C.DE
ENTR.DE vs. EN4C.DE - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for L&G New Energy Commodities UCITS ETF USD Accumulating (ENTR.DE) and L&G Multi-Strategy Enhanced Commodities UCITS ETF (EN4C.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.
| ENTR.DE | EN4C.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.58 | ||
| Sortino ratioReturn per unit of downside risk | +0.83 | ||
| Omega ratioGain probability vs. loss probability | 1.41 | 1.29 | +0.11 |
| Calmar ratioReturn relative to maximum drawdown | 3.86 | 3.44 | +0.42 |
| Martin ratioReturn relative to average drawdown | 13.56 | 8.36 | +5.20 |
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
| ENTR.DE | EN4C.DE | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 2.27 | 1.69 | +0.58 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.92 | 0.72 | +0.20 |
Drawdowns
ENTR.DE vs. EN4C.DE - Drawdown Comparison
The maximum ENTR.DE drawdown since its inception was -14.17%, smaller than the maximum EN4C.DE drawdown of -25.41%. Use the drawdown chart below to compare losses from any high point for ENTR.DE and EN4C.DE.
Loading charts...
Drawdown Indicators
| ENTR.DE | EN4C.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -14.17% | -25.41% | +11.24% |
Max Drawdown (1Y)Largest decline over 1 year | -9.72% | -8.81% | -0.91% |
Max Drawdown (3Y)Largest decline over 3 years | — | -17.63% | — |
Current DrawdownCurrent decline from peak | -2.59% | -4.02% | +1.43% |
Average DrawdownAverage peak-to-trough decline | -5.85% | -13.89% | +8.04% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.77% | 3.64% | -0.87% |
Volatility
ENTR.DE vs. EN4C.DE - Volatility Comparison
The current volatility for L&G New Energy Commodities UCITS ETF USD Accumulating (ENTR.DE) is 4.62%, while L&G Multi-Strategy Enhanced Commodities UCITS ETF (EN4C.DE) has a volatility of 5.98%. This indicates that ENTR.DE experiences smaller price fluctuations and is considered to be less risky than EN4C.DE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| ENTR.DE | EN4C.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 4.62% | 5.98% | -1.36% |
Volatility (6M)Calculated over the trailing 6-month period | 13.78% | 14.54% | -0.76% |
Volatility (1Y)Calculated over the trailing 1-year period | 16.50% | 17.98% | -1.48% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 15.02% | 18.11% | -3.09% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 15.02% | 18.11% | -3.09% |
ENTR.DE vs. EN4C.DE - Expense Ratio Comparison
ENTR.DE has a 0.65% expense ratio, which is higher than EN4C.DE's 0.30% expense ratio.
Dividends
ENTR.DE vs. EN4C.DE - Dividend Comparison
Neither ENTR.DE nor EN4C.DE has paid dividends to shareholders.
Frequently Asked Questions
ENTR.DE and EN4C.DE have a correlation of 0.47, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, EN4C.DE is cheaper at 0.30% per year. The better choice depends on whether you care most about return, fees, risk, or income.
EN4C.DE is cheaper with a 0.30% expense ratio, compared with 0.65% for ENTR.DE.
ENTR.DE tracks Solactive Energy Transition Commodity, while EN4C.DE tracks Barclays Backwardation Tilt Multi-Strategy Capped. Their fees differ too: 0.65% for ENTR.DE and 0.30% for EN4C.DE.
Find the right allocation for ENTR.DE and EN4C.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