PortfoliosLab logoPortfoliosLab logo

Documentation

Upgrade your plan
ETHI.AX vs. FOOD.AX
Performance
Return for Risk
Drawdowns
Volatility
Dividends

ETHI.AX vs. FOOD.AX

Last updated Jul 16, 2026
Documentation

ETHI.AX (Betashares Global Sustainability Leaders ETF) and FOOD.AX (Betashares Global Agriculture Companies Currency Hedged ETF) are both Global Equities funds from BetaShares - ETHI.AX tracks the Nasdaq Future Global Sustainability Leaders Index while FOOD.AX tracks the Betashares Global Agriculture Companies Currency Hedged Index. Both are passively managed. Over the past 5 years, ETHI.AX returned 9.58%/yr vs 4.85%/yr for FOOD.AX. At a 0.35 correlation, their price movements are largely independent.

Performance

ETHI.AX vs. FOOD.AX - Performance Comparison

The chart below illustrates the hypothetical performance of a A$10,000 investment in Betashares Global Sustainability Leaders ETF (ETHI.AX) and Betashares Global Agriculture Companies Currency Hedged ETF (FOOD.AX). The values are adjusted to include any dividend payments, if applicable.

Loading charts...

Returns By Period

In the year-to-date period, ETHI.AX achieves a 3.99% return, which is significantly lower than FOOD.AX's 13.63% return.

ETHI.AX

1D
-0.24%
1M
3.31%
6M
4.06%
YTD
3.99%
1Y
9.57%
3Y*
13.69%
5Y*
9.58%
10Y*
—

FOOD.AX

1D
0.38%
1M
1.59%
6M
11.05%
YTD
13.63%
1Y
19.32%
3Y*
7.23%
5Y*
4.85%
10Y*
—
*Multi-year figures are annualized to reflect compound growth (CAGR)

ETHI.AX vs. FOOD.AX - Yearly Performance Comparison

2026 (YTD)202520242023202220212020201920182017
ETHI.AX
Betashares Global Sustainability Leaders ETF		3.99%4.56%27.20%22.81%-15.53%31.01%24.65%36.89%6.85%18.46%
FOOD.AX
Betashares Global Agriculture Companies Currency Hedged ETF		13.63%16.69%-5.50%-5.20%-1.14%24.32%3.36%17.26%-14.88%14.18%

Correlation

The correlation between ETHI.AX and FOOD.AX is 0.14, which is low. Their price movements are largely independent, making them effective diversification partners.

Correlation
Correlation (1Y)
Calculated over the trailing 1-year period

0.14

Correlation (3Y)
Calculated over the trailing 3-year period

0.23

Correlation (5Y)
Calculated over the trailing 5-year period

0.32

Correlation (All Time)
Calculated using the full available price history since Jan 5, 2017

0.35

Over the past year, the correlation between ETHI.AX and FOOD.AX has dropped to 0.14 - well below their long-term average of 0.35, suggesting their price drivers have been diverging.

Compare stocks, funds, or ETFs

Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.

Betashares Global Sustainability Leaders ETF

Betashares Global Agriculture Companies Currency Hedged ETF

Return for Risk

ETHI.AX vs. FOOD.AX — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.
ETHI.AX
ETHI.AX Risk / Return Rank: 2424
Overall Rank
ETHI.AX Sharpe Ratio Rank: 2828
Sharpe Ratio Rank
ETHI.AX Sortino Ratio Rank: 2727
Sortino Ratio Rank
ETHI.AX Omega Ratio Rank: 2828
Omega Ratio Rank
ETHI.AX Calmar Ratio Rank: 1919
Calmar Ratio Rank
ETHI.AX Martin Ratio Rank: 1818
Martin Ratio Rank
FOOD.AX
FOOD.AX Risk / Return Rank: 4141
Overall Rank
FOOD.AX Sharpe Ratio Rank: 4141
Sharpe Ratio Rank
FOOD.AX Sortino Ratio Rank: 4242
Sortino Ratio Rank
FOOD.AX Omega Ratio Rank: 4040
Omega Ratio Rank
FOOD.AX Calmar Ratio Rank: 4343
Calmar Ratio Rank
FOOD.AX Martin Ratio Rank: 4040
Martin Ratio Rank
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.

ETHI.AX vs. FOOD.AX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Betashares Global Sustainability Leaders ETF (ETHI.AX) and Betashares Global Agriculture Companies Currency Hedged ETF (FOOD.AX). 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.

ETHI.AXFOOD.AXDifference
Sharpe ratioReturn per unit of total volatility
0.87
1.22

-0.34

Sortino ratioReturn per unit of downside risk
1.28
1.82

-0.54

Omega ratioGain probability vs. loss probability

1.17

1.22

-0.06

Calmar ratioReturn relative to maximum drawdown

0.68

1.81

-1.13

Martin ratioReturn relative to average drawdown

1.60

5.18

-3.57

ETHI.AX vs. FOOD.AX - Sharpe Ratio Comparison

The current ETHI.AX Sharpe Ratio is 0.87, which is comparable to the FOOD.AX Sharpe Ratio of 1.22. The chart below compares the historical Sharpe Ratios of ETHI.AX and FOOD.AX, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Loading charts...

Drawdowns

ETHI.AX vs. FOOD.AX - Drawdown Comparison

The maximum ETHI.AX drawdown since its inception was -25.44%, smaller than the maximum FOOD.AX drawdown of -39.46%. Use the drawdown chart below to compare losses from any high point for ETHI.AX and FOOD.AX.

Loading charts...

Drawdown Indicators

ETHI.AXFOOD.AXDifference

Max Drawdown

Largest peak-to-trough decline

-25.44%

-39.46%

+14.02%

Max Drawdown (1Y)

Largest decline over 1 year

-14.99%

-11.06%

-3.93%

Max Drawdown (3Y)

Largest decline over 3 years

-15.65%

-22.20%

+6.55%

Max Drawdown (5Y)

Largest decline over 5 years

-25.44%

-34.67%

+9.23%

Current Drawdown

Current decline from peak

-1.00%

-5.87%

+4.87%

Average Drawdown

Average peak-to-trough decline

-4.63%

-11.38%

+6.75%

Ulcer Index

Depth and duration of drawdowns from previous peaks

6.42%

3.89%

+2.53%

Volatility

ETHI.AX vs. FOOD.AX - Volatility Comparison

The current volatility for Betashares Global Sustainability Leaders ETF (ETHI.AX) is 2.80%, while Betashares Global Agriculture Companies Currency Hedged ETF (FOOD.AX) has a volatility of 3.76%. This indicates that ETHI.AX experiences smaller price fluctuations and is considered to be less risky than FOOD.AX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Loading charts...

Volatility by Period

ETHI.AXFOOD.AXDifference

Volatility (1M)

Calculated over the trailing 1-month period

2.80%

3.76%

-0.96%

Volatility (6M)

Calculated over the trailing 6-month period

9.74%

13.70%

-3.96%

Volatility (1Y)

Calculated over the trailing 1-year period

11.68%

16.49%

-4.81%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

14.05%

17.48%

-3.43%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

14.73%

17.50%

-2.77%

Dividends

ETHI.AX vs. FOOD.AX - Dividend Comparison

ETHI.AX's dividend yield for the trailing twelve months is around 1.55%, less than FOOD.AX's 3.96% yield.

PositionTTM202520242023202220212020201920182017
ETHI.AX
Betashares Global Sustainability Leaders ETF		1.55%1.86%2.11%4.40%2.43%5.04%10.20%3.90%1.69%1.13%
FOOD.AX
Betashares Global Agriculture Companies Currency Hedged ETF		3.96%0.00%1.48%0.00%2.57%3.39%0.00%0.46%3.60%0.00%

Frequently Asked Questions

ETHI.AX and FOOD.AX have a correlation of 0.14, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

ETHI.AX tracks Nasdaq Future Global Sustainability Leaders Index, while FOOD.AX tracks Betashares Global Agriculture Companies Currency Hedged Index.

Portfolio Optimizer

Find the right allocation for ETHI.AX and FOOD.AX

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