ESGP.DE vs. ECLM.DE
ESGP.DE (Gold Miners Screened UCITS ETF) and ECLM.DE (HANetf iClima Global Decarbonisation Enablers UCITS ETF) are both exchange-traded funds - ESGP.DE is a Gold fund tracking the VettaFi Gold Miners Screened Index, while ECLM.DE is a Global Equities fund tracking the iClima Global Decarbonisation Enablers. Both are passively managed. Over the past 3 years, ESGP.DE returned 10.79%/yr vs 1.82%/yr for ECLM.DE. A 0.66 correlation means they provide meaningful diversification when combined. ESGP.DE charges 0.60%/yr vs 0.65%/yr for ECLM.DE.
Performance
ESGP.DE vs. ECLM.DE - Performance Comparison
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Returns By Period
In the year-to-date period, ESGP.DE achieves a 11.07% return, which is significantly lower than ECLM.DE's 12.23% return.
ESGP.DE
- 1D
- 0.00%
- 1M
- 3.62%
- 6M
- 9.14%
- YTD
- 11.07%
- 1Y
- 15.42%
- 3Y*
- 10.79%
- 5Y*
- —
- 10Y*
- —
ECLM.DE
- 1D
- 0.00%
- 1M
- -3.25%
- 6M
- 7.43%
- YTD
- 12.23%
- 1Y
- 22.70%
- 3Y*
- 1.82%
- 5Y*
- -1.99%
- 10Y*
- —
ESGP.DE vs. ECLM.DE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|---|---|
ESGP.DE Gold Miners Screened UCITS ETF | 11.07% | 5.79% | 12.94% | 2.10% | -2.36% | 2.90% |
ECLM.DE HANetf iClima Global Decarbonisation Enablers UCITS ETF | 12.23% | 12.83% | -11.47% | 1.02% | -23.37% | -0.28% |
Correlation
The correlation between ESGP.DE and ECLM.DE is 0.57, 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 | 0.57 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.65 |
Correlation (All Time) Calculated using the full available price history since Aug 27, 2021 | 0.66 |
The correlation between ESGP.DE and ECLM.DE has been stable across timeframes, ranging from 0.57 to 0.66 - a consistent structural relationship.
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Return for Risk
ESGP.DE vs. ECLM.DE — Risk / Return Rank
ESGP.DE
ECLM.DE
ESGP.DE vs. ECLM.DE - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Gold Miners Screened UCITS ETF (ESGP.DE) and HANetf iClima Global Decarbonisation Enablers UCITS ETF (ECLM.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.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| ESGP.DE | ECLM.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.56 | ||
| Sortino ratioReturn per unit of downside risk | +0.67 | ||
| Omega ratioGain probability vs. loss probability | 1.23 | 1.21 | +0.03 |
| Calmar ratioReturn relative to maximum drawdown | 2.45 | 1.15 | +1.30 |
| Martin ratioReturn relative to average drawdown | 6.94 | 2.21 | +4.73 |
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Drawdowns
ESGP.DE vs. ECLM.DE - Drawdown Comparison
The maximum ESGP.DE drawdown since its inception was -20.50%, smaller than the maximum ECLM.DE drawdown of -49.88%. Use the drawdown chart below to compare losses from any high point for ESGP.DE and ECLM.DE.
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Drawdown Indicators
| ESGP.DE | ECLM.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -20.50% | -49.88% | +29.38% |
Max Drawdown (1Y)Largest decline over 1 year | -6.31% | -19.77% | +13.46% |
Max Drawdown (3Y)Largest decline over 3 years | -20.50% | -36.17% | +15.67% |
Max Drawdown (5Y)Largest decline over 5 years | — | -49.88% | — |
Current DrawdownCurrent decline from peak | 0.00% | -20.43% | +20.43% |
Average DrawdownAverage peak-to-trough decline | -5.23% | -24.09% | +18.86% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.23% | 10.25% | -8.02% |
Volatility
ESGP.DE vs. ECLM.DE - Volatility Comparison
The current volatility for Gold Miners Screened UCITS ETF (ESGP.DE) is 2.19%, while HANetf iClima Global Decarbonisation Enablers UCITS ETF (ECLM.DE) has a volatility of 6.42%. This indicates that ESGP.DE experiences smaller price fluctuations and is considered to be less risky than ECLM.DE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| ESGP.DE | ECLM.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 2.19% | 6.42% | -4.23% |
Volatility (6M)Calculated over the trailing 6-month period | 9.02% | 14.90% | -5.88% |
Volatility (1Y)Calculated over the trailing 1-year period | 11.58% | 29.30% | -17.72% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 14.44% | 23.23% | -8.79% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 14.44% | 24.38% | -9.94% |
ESGP.DE vs. ECLM.DE - Expense Ratio Comparison
ESGP.DE has a 0.60% expense ratio, which is lower than ECLM.DE's 0.65% expense ratio.
Dividends
ESGP.DE vs. ECLM.DE - Dividend Comparison
Neither ESGP.DE nor ECLM.DE has paid dividends to shareholders.
Frequently Asked Questions
ESGP.DE and ECLM.DE have a correlation of 0.57, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, ESGP.DE is cheaper at 0.60% per year. The better choice depends on whether you care most about return, fees, risk, or income.
ESGP.DE is cheaper with a 0.60% expense ratio, compared with 0.65% for ECLM.DE.
ESGP.DE is categorized as Gold, while ECLM.DE is Global Equities. ESGP.DE tracks VettaFi Gold Miners Screened Index, while ECLM.DE tracks iClima Global Decarbonisation Enablers. Their fees differ too: 0.60% for ESGP.DE and 0.65% for ECLM.DE.
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