ETLF.DE vs. MTVR.DE
ETLF.DE (L&G All Commodities UCITS ETF) and MTVR.DE (L&G Metaverse ESG Exclusions UCITS ETF USD Accumulating) are both exchange-traded funds - ETLF.DE is a Commodities fund tracking the Bloomberg Commodity, while MTVR.DE is a Technology Equities fund tracking the iStoxx Access Metaverse. Both are passively managed. Over the past 3 years, ETLF.DE returned 11.77%/yr vs 44.74%/yr for MTVR.DE. At a 0.12 correlation, their price movements are largely independent. ETLF.DE charges 0.15%/yr vs 0.39%/yr for MTVR.DE.
Performance
ETLF.DE vs. MTVR.DE - Performance Comparison
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Returns By Period
In the year-to-date period, ETLF.DE achieves a 21.07% return, which is significantly lower than MTVR.DE's 65.23% return.
ETLF.DE
- 1D
- -0.18%
- 1M
- 2.91%
- 6M
- 16.74%
- YTD
- 21.07%
- 1Y
- 31.70%
- 3Y*
- 11.77%
- 5Y*
- 11.04%
- 10Y*
- —
MTVR.DE
- 1D
- 0.00%
- 1M
- -5.18%
- 6M
- 60.12%
- YTD
- 65.23%
- 1Y
- 102.70%
- 3Y*
- 44.74%
- 5Y*
- —
- 10Y*
- —
ETLF.DE vs. MTVR.DE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | |
|---|---|---|---|---|---|
ETLF.DE L&G All Commodities UCITS ETF | 21.07% | 4.71% | 10.95% | -10.21% | -10.89% |
MTVR.DE L&G Metaverse ESG Exclusions UCITS ETF USD Accumulating | 65.23% | 23.08% | 29.91% | 63.34% | -13.29% |
Correlation
The correlation between ETLF.DE and MTVR.DE is 0.05, meaning there is essentially no relationship between their price movements. Each responds to its own set of market drivers, making them strong candidates for combining in a diversified portfolio.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.05 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.11 |
Correlation (All Time) Calculated using the full available price history since Sep 7, 2022 | 0.12 |
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Return for Risk
ETLF.DE vs. MTVR.DE — Risk / Return Rank
ETLF.DE
MTVR.DE
ETLF.DE vs. MTVR.DE - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for L&G All Commodities UCITS ETF (ETLF.DE) and L&G Metaverse ESG Exclusions UCITS ETF USD Accumulating (MTVR.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.
| ETLF.DE | MTVR.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -1.74 | ||
| Sortino ratioReturn per unit of downside risk | -1.72 | ||
| Omega ratioGain probability vs. loss probability | 1.30 | 1.51 | -0.20 |
| Calmar ratioReturn relative to maximum drawdown | 2.56 | 8.17 | -5.61 |
| Martin ratioReturn relative to average drawdown | 7.81 | 24.58 | -16.77 |
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Drawdowns
ETLF.DE vs. MTVR.DE - Drawdown Comparison
The maximum ETLF.DE drawdown since its inception was -33.53%, which is greater than MTVR.DE's maximum drawdown of -30.86%. Use the drawdown chart below to compare losses from any high point for ETLF.DE and MTVR.DE.
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Drawdown Indicators
| ETLF.DE | MTVR.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -33.53% | -30.86% | -2.67% |
Max Drawdown (1Y)Largest decline over 1 year | -12.35% | -12.65% | +0.30% |
Max Drawdown (3Y)Largest decline over 3 years | -16.01% | -30.86% | +14.85% |
Max Drawdown (5Y)Largest decline over 5 years | -26.97% | — | — |
Current DrawdownCurrent decline from peak | -6.97% | -9.00% | +2.03% |
Average DrawdownAverage peak-to-trough decline | -14.87% | -5.35% | -9.52% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 4.05% | 4.19% | -0.14% |
Volatility
ETLF.DE vs. MTVR.DE - Volatility Comparison
The current volatility for L&G All Commodities UCITS ETF (ETLF.DE) is 4.39%, while L&G Metaverse ESG Exclusions UCITS ETF USD Accumulating (MTVR.DE) has a volatility of 12.89%. This indicates that ETLF.DE experiences smaller price fluctuations and is considered to be less risky than MTVR.DE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| ETLF.DE | MTVR.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 4.39% | 12.89% | -8.50% |
Volatility (6M)Calculated over the trailing 6-month period | 16.55% | 24.26% | -7.71% |
Volatility (1Y)Calculated over the trailing 1-year period | 18.72% | 30.12% | -11.40% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 17.14% | 26.27% | -9.13% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 16.46% | 26.27% | -9.81% |
ETLF.DE vs. MTVR.DE - Expense Ratio Comparison
ETLF.DE has a 0.15% expense ratio, which is lower than MTVR.DE's 0.39% expense ratio.
Dividends
ETLF.DE vs. MTVR.DE - Dividend Comparison
Neither ETLF.DE nor MTVR.DE has paid dividends to shareholders.
Frequently Asked Questions
ETLF.DE and MTVR.DE have a correlation of 0.05, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, ETLF.DE is cheaper at 0.15% per year. The better choice depends on whether you care most about return, fees, risk, or income.
ETLF.DE is cheaper with a 0.15% expense ratio, compared with 0.39% for MTVR.DE.
ETLF.DE is categorized as Commodities, while MTVR.DE is Technology Equities. ETLF.DE tracks Bloomberg Commodity, while MTVR.DE tracks iStoxx Access Metaverse. Their fees differ too: 0.15% for ETLF.DE and 0.39% for MTVR.DE.
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