ESGP.L vs. FRES.L

Last updated Apr 1, 2026

Compare and contrast key facts about HANetf AuAg ESG Gold Mining UCITS ETF (ESGP.L) and Fresnillo plc (FRES.L).

ESGP.L is a passively managed fund by HANetf that tracks the performance of the EMIX Global Mining Global Gold TR USD. It was launched on Jul 2, 2021.

Performance

ESGP.L vs. FRES.L - Performance Comparison

The chart below illustrates the hypothetical performance of a £10,000 investment in HANetf AuAg ESG Gold Mining UCITS ETF (ESGP.L) and Fresnillo plc (FRES.L). The values are adjusted to include any dividend payments, if applicable.

ESGP.L vs. FRES.L - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021
ESGP.L HANetf AuAg ESG Gold Mining UCITS ETF	7.18%	136.71%	3.17%	-0.39%	2.14%	-3.44%
FRES.L Fresnillo plc	-0.90%	468.22%	6.13%	-32.98%	3.90%	9.36%

Returns By Period

In the year-to-date period, ESGP.L achieves a 7.18% return, which is significantly higher than FRES.L's -0.90% return.

ESGP.L

• 1D: 2.36%
• 1M: -20.65%
• YTD: 7.18%
• 6M: 16.16%
• 1Y: 95.45%
• 3Y*: 34.69%
• 5Y*: —
• 10Y*: —

FRES.L

• 1D: 4.10%
• 1M: -22.08%
• YTD: -0.90%
• 6M: 40.00%
• 1Y: 273.90%
• 3Y*: 69.17%
• 5Y*: 33.66%
• 10Y*: 16.19%

*Multi-year figures are annualized to reflect compound growth (CAGR)

Return for Risk

ESGP.L vs. FRES.L — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

ESGP.L

ESGP.L Risk / Return Rank: 91
ESGP.L Sharpe Ratio Rank: 95
ESGP.L Sortino Ratio Rank: 91
ESGP.L Omega Ratio Rank: 89
ESGP.L Calmar Ratio Rank: 92
ESGP.L Martin Ratio Rank: 90

FRES.L

FRES.L Risk / Return Rank: 98
FRES.L Sharpe Ratio Rank: 99
FRES.L Sortino Ratio Rank: 98
FRES.L Omega Ratio Rank: 97
FRES.L Calmar Ratio Rank: 98
FRES.L Martin Ratio Rank: 98

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

ESGP.L vs. FRES.L - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for HANetf AuAg ESG Gold Mining UCITS ETF (ESGP.L) and Fresnillo plc (FRES.L). 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.

	ESGP.L	FRES.L	Difference
Sharpe ratio Return per unit of total volatility	2.39	5.15	-2.76
Sortino ratio Return per unit of downside risk	2.69	4.31	-1.62
Omega ratio Gain probability vs. loss probability	1.37	1.58	-0.21
Calmar ratio Return relative to maximum drawdown	3.29	8.61	-5.32
Martin ratio Return relative to average drawdown	11.73	27.60	-15.87
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

ESGP.L vs. FRES.L - Sharpe Ratio Comparison

The current ESGP.L Sharpe Ratio is 2.39, which is lower than the FRES.L Sharpe Ratio of 5.15. The chart below compares the historical Sharpe Ratios of ESGP.L and FRES.L, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

Sharpe Ratios by Period

	ESGP.L	FRES.L	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	2.39	5.15	-2.76
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	—	0.82	—
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	—	0.38	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.68	0.28	+0.39

Correlation

The correlation between ESGP.L and FRES.L is 0.70, 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.

Dividends

ESGP.L vs. FRES.L - Dividend Comparison

ESGP.L has not paid dividends to shareholders, while FRES.L's dividend yield for the trailing twelve months is around 2.01%.

	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
ESGP.L HANetf AuAg ESG Gold Mining UCITS ETF	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
FRES.L Fresnillo plc	2.01%	2.00%	1.35%	1.98%	2.44%	2.66%	1.00%	2.35%	3.49%	1.74%	0.74%	0.47%

Drawdowns

ESGP.L vs. FRES.L - Drawdown Comparison

The maximum ESGP.L drawdown since its inception was -36.54%, smaller than the maximum FRES.L drawdown of -82.36%. Use the drawdown chart below to compare losses from any high point for ESGP.L and FRES.L.

Drawdown Indicators

	ESGP.L	FRES.L	Difference
Max Drawdown Largest peak-to-trough decline	-36.54%	-82.36%	+45.82%
Max Drawdown (1Y) Largest decline over 1 year	-28.67%	-31.03%	+2.36%
Max Drawdown (5Y) Largest decline over 5 years	—	-53.75%	—
Max Drawdown (10Y) Largest decline over 10 years	—	-74.47%	—
Current Drawdown Current decline from peak	-20.65%	-25.72%	+5.07%
Average Drawdown Average peak-to-trough decline	-13.27%	-40.49%	+27.22%
Ulcer Index Depth and duration of drawdowns from previous peaks	8.04%	9.68%	-1.64%

Volatility

ESGP.L vs. FRES.L - Volatility Comparison

The current volatility for HANetf AuAg ESG Gold Mining UCITS ETF (ESGP.L) is 16.03%, while Fresnillo plc (FRES.L) has a volatility of 18.40%. This indicates that ESGP.L experiences smaller price fluctuations and is considered to be less risky than FRES.L based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	ESGP.L	FRES.L	Difference
Volatility (1M) Calculated over the trailing 1-month period	16.03%	18.40%	-2.37%
Volatility (6M) Calculated over the trailing 6-month period	33.32%	42.91%	-9.59%
Volatility (1Y) Calculated over the trailing 1-year period	39.64%	52.82%	-13.18%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	32.63%	41.25%	-8.62%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	32.63%	43.00%	-10.37%