FCO2.DE vs. LYTR.DE
FCO2.DE (HANetf SparkChange Physical Carbon EUA ETC) and LYTR.DE (Amundi Bloomberg Equal-Weight Commodity Ex-Agriculture UCITS ETF Acc) are both Commodities funds - FCO2.DE tracks the EU Carbon Emission Allowances (EUA) while LYTR.DE tracks the Bloomberg Energy and Metals Equal-Weighted. Both are passively managed. Over the past 3 years, FCO2.DE returned -3.01%/yr vs 20.31%/yr for LYTR.DE. At a 0.10 correlation, their price movements are largely independent. FCO2.DE charges 0.89%/yr vs 0.30%/yr for LYTR.DE.
Performance
FCO2.DE vs. LYTR.DE - Performance Comparison
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Returns By Period
In the year-to-date period, FCO2.DE achieves a -10.46% return, which is significantly lower than LYTR.DE's 31.68% return.
FCO2.DE
- 1D
- -2.02%
- 1M
- 1.82%
- YTD
- -10.46%
- 6M
- -8.30%
- 1Y
- 5.04%
- 3Y*
- -3.01%
- 5Y*
- —
- 10Y*
- —
LYTR.DE
- 1D
- -0.51%
- 1M
- -0.66%
- YTD
- 31.68%
- 6M
- 40.06%
- 1Y
- 65.10%
- 3Y*
- 20.31%
- 5Y*
- 17.81%
- 10Y*
- 9.05%
FCO2.DE vs. LYTR.DE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | |
|---|---|---|---|---|---|
FCO2.DE HANetf SparkChange Physical Carbon EUA ETC | -10.46% | 20.70% | -11.00% | -5.14% | -0.32% |
LYTR.DE Amundi Bloomberg Equal-Weight Commodity Ex-Agriculture UCITS ETF Acc | 31.68% | 17.61% | 13.31% | -15.11% | -14.41% |
Correlation
The correlation between FCO2.DE and LYTR.DE is -0.02, 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 | -0.02 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.11 |
Correlation (All Time) Calculated using the full available price history since Jun 8, 2022 | 0.10 |
The correlation between FCO2.DE and LYTR.DE shifts across timeframes, from -0.02 (1 year) to 0.11 (3 years), reflecting how their relationship changes across market environments.
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Return for Risk
FCO2.DE vs. LYTR.DE — Risk / Return Rank
FCO2.DE
LYTR.DE
FCO2.DE vs. LYTR.DE - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for HANetf SparkChange Physical Carbon EUA ETC (FCO2.DE) and Amundi Bloomberg Equal-Weight Commodity Ex-Agriculture UCITS ETF Acc (LYTR.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.
| FCO2.DE | LYTR.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -2.64 | ||
| Sortino ratioReturn per unit of downside risk | -2.91 | ||
| Omega ratioGain probability vs. loss probability | 1.06 | 1.48 | -0.42 |
| Calmar ratioReturn relative to maximum drawdown | 0.16 | 5.47 | -5.31 |
| Martin ratioReturn relative to average drawdown | 0.41 | 16.93 | -16.52 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| FCO2.DE | LYTR.DE | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 0.19 | 2.83 | -2.64 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | — | 0.91 | — |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | — | 0.49 | — |
Sharpe Ratio (All Time)Calculated using the full available price history | -0.07 | 0.12 | -0.19 |
Drawdowns
FCO2.DE vs. LYTR.DE - Drawdown Comparison
The maximum FCO2.DE drawdown since its inception was -48.49%, smaller than the maximum LYTR.DE drawdown of -67.69%. Use the drawdown chart below to compare losses from any high point for FCO2.DE and LYTR.DE.
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Drawdown Indicators
| FCO2.DE | LYTR.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -48.49% | -67.69% | +19.20% |
Max Drawdown (1Y)Largest decline over 1 year | -31.46% | -11.84% | -19.62% |
Max Drawdown (3Y)Largest decline over 3 years | -45.60% | -17.04% | -28.56% |
Max Drawdown (5Y)Largest decline over 5 years | — | -30.29% | — |
Max Drawdown (10Y)Largest decline over 10 years | — | -44.60% | — |
Current DrawdownCurrent decline from peak | -24.40% | -3.72% | -20.68% |
Average DrawdownAverage peak-to-trough decline | -23.38% | -31.29% | +7.91% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 12.41% | 3.83% | +8.58% |
Volatility
FCO2.DE vs. LYTR.DE - Volatility Comparison
HANetf SparkChange Physical Carbon EUA ETC (FCO2.DE) has a higher volatility of 5.99% compared to Amundi Bloomberg Equal-Weight Commodity Ex-Agriculture UCITS ETF Acc (LYTR.DE) at 5.20%. This indicates that FCO2.DE's price experiences larger fluctuations and is considered to be riskier than LYTR.DE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| FCO2.DE | LYTR.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 5.99% | 5.20% | +0.79% |
Volatility (6M)Calculated over the trailing 6-month period | 22.94% | 20.33% | +2.61% |
Volatility (1Y)Calculated over the trailing 1-year period | 26.69% | 22.94% | +3.75% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 34.04% | 19.40% | +14.64% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 34.04% | 18.20% | +15.84% |
FCO2.DE vs. LYTR.DE - Expense Ratio Comparison
FCO2.DE has a 0.89% expense ratio, which is higher than LYTR.DE's 0.30% expense ratio.
Dividends
FCO2.DE vs. LYTR.DE - Dividend Comparison
Neither FCO2.DE nor LYTR.DE has paid dividends to shareholders.
Frequently Asked Questions
FCO2.DE and LYTR.DE have a correlation of -0.02, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, LYTR.DE is cheaper at 0.30% per year. The better choice depends on whether you care most about return, fees, risk, or income.
LYTR.DE is cheaper with a 0.30% expense ratio, compared with 0.89% for FCO2.DE.
FCO2.DE tracks EU Carbon Emission Allowances (EUA), while LYTR.DE tracks Bloomberg Energy and Metals Equal-Weighted. They also come from different issuers: HANetf and Amundi. Their fees differ too: 0.89% for FCO2.DE and 0.30% for LYTR.DE.
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