JMLP.DE vs. W311.DE
JMLP.DE (HANetf Alerian Midstream Energy Dividend UCITS ETF) and W311.DE (HANetf HAN-GINS Indxx Healthcare Megatrend Equal Weight UCITS ETF) are both exchange-traded funds - JMLP.DE is a Energy Equities fund tracking the Alerian Midstream Energy Dividend, while W311.DE is a Health & Biotech Equities fund tracking the Indxx Global NextGen Healthcare. Both are passively managed. Over the past 5 years, JMLP.DE returned 23.96%/yr vs -5.98%/yr for W311.DE. At a 0.26 correlation, their price movements are largely independent. JMLP.DE charges 0.40%/yr vs 0.59%/yr for W311.DE.
Performance
JMLP.DE vs. W311.DE - Performance Comparison
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Returns By Period
In the year-to-date period, JMLP.DE achieves a 27.39% return, which is significantly higher than W311.DE's -3.63% return.
JMLP.DE
- 1D
- -1.02%
- 1M
- 0.18%
- YTD
- 27.39%
- 6M
- 24.82%
- 1Y
- 24.53%
- 3Y*
- 24.31%
- 5Y*
- 23.96%
- 10Y*
- —
W311.DE
- 1D
- 3.38%
- 1M
- 1.65%
- YTD
- -3.63%
- 6M
- -6.55%
- 1Y
- 11.17%
- 3Y*
- -2.49%
- 5Y*
- -5.98%
- 10Y*
- —
JMLP.DE vs. W311.DE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | |
|---|---|---|---|---|---|---|---|
JMLP.DE HANetf Alerian Midstream Energy Dividend UCITS ETF | 27.39% | -5.93% | 44.53% | 15.63% | 34.66% | 55.73% | 7.58% |
W311.DE HANetf HAN-GINS Indxx Healthcare Megatrend Equal Weight UCITS ETF | -3.63% | 7.18% | -4.84% | -0.30% | -25.93% | 1.52% | 4.85% |
Correlation
The correlation between JMLP.DE and W311.DE is -0.01, 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 | -0.01 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.17 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.25 |
Correlation (All Time) Calculated using the full available price history since Aug 7, 2020 | 0.26 |
The correlation between JMLP.DE and W311.DE shifts across timeframes, from -0.01 (1 year) to 0.26 (all time), reflecting how their relationship changes across market environments.
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Return for Risk
JMLP.DE vs. W311.DE — Risk / Return Rank
JMLP.DE
W311.DE
JMLP.DE vs. W311.DE - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for HANetf Alerian Midstream Energy Dividend UCITS ETF (JMLP.DE) and HANetf HAN-GINS Indxx Healthcare Megatrend Equal Weight UCITS ETF (W311.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.
| JMLP.DE | W311.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.71 | ||
| Sortino ratioReturn per unit of downside risk | +0.84 | ||
| Omega ratioGain probability vs. loss probability | 1.22 | 1.11 | +0.11 |
| Calmar ratioReturn relative to maximum drawdown | 2.22 | 0.69 | +1.52 |
| Martin ratioReturn relative to average drawdown | 6.04 | 1.61 | +4.43 |
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
| JMLP.DE | W311.DE | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.30 | 0.59 | +0.71 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 1.16 | -0.26 | +1.43 |
Sharpe Ratio (All Time)Calculated using the full available price history | 1.35 | -0.02 | +1.36 |
Drawdowns
JMLP.DE vs. W311.DE - Drawdown Comparison
The maximum JMLP.DE drawdown since its inception was -22.29%, smaller than the maximum W311.DE drawdown of -48.92%. Use the drawdown chart below to compare losses from any high point for JMLP.DE and W311.DE.
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Drawdown Indicators
| JMLP.DE | W311.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -22.29% | -48.92% | +26.63% |
Max Drawdown (1Y)Largest decline over 1 year | -11.02% | -16.09% | +5.07% |
Max Drawdown (3Y)Largest decline over 3 years | -22.29% | -28.36% | +6.07% |
Max Drawdown (5Y)Largest decline over 5 years | -22.29% | -48.92% | +26.63% |
Current DrawdownCurrent decline from peak | -5.15% | -35.40% | +30.25% |
Average DrawdownAverage peak-to-trough decline | -5.87% | -23.20% | +17.33% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 4.05% | 6.93% | -2.88% |
Volatility
JMLP.DE vs. W311.DE - Volatility Comparison
HANetf Alerian Midstream Energy Dividend UCITS ETF (JMLP.DE) has a higher volatility of 6.65% compared to HANetf HAN-GINS Indxx Healthcare Megatrend Equal Weight UCITS ETF (W311.DE) at 6.31%. This indicates that JMLP.DE's price experiences larger fluctuations and is considered to be riskier than W311.DE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| JMLP.DE | W311.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 6.65% | 6.31% | +0.34% |
Volatility (6M)Calculated over the trailing 6-month period | 15.30% | 13.92% | +1.38% |
Volatility (1Y)Calculated over the trailing 1-year period | 18.80% | 18.96% | -0.16% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 20.38% | 22.38% | -2.00% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 21.66% | 22.73% | -1.07% |
JMLP.DE vs. W311.DE - Expense Ratio Comparison
JMLP.DE has a 0.40% expense ratio, which is lower than W311.DE's 0.59% expense ratio.
Dividends
JMLP.DE vs. W311.DE - Dividend Comparison
JMLP.DE's dividend yield for the trailing twelve months is around 2.77%, while W311.DE has not paid dividends to shareholders.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 |
|---|---|---|---|---|---|---|---|
JMLP.DE HANetf Alerian Midstream Energy Dividend UCITS ETF | 2.77% | 3.38% | 5.41% | 11.39% | 11.27% | 14.07% | 8.95% |
W311.DE HANetf HAN-GINS Indxx Healthcare Megatrend Equal Weight UCITS ETF | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Frequently Asked Questions
JMLP.DE and W311.DE have a correlation of -0.01, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, JMLP.DE is cheaper at 0.40% per year. The better choice depends on whether you care most about return, fees, risk, or income.
JMLP.DE is cheaper with a 0.40% expense ratio, compared with 0.59% for W311.DE.
JMLP.DE is categorized as Energy Equities, while W311.DE is Health & Biotech Equities. JMLP.DE tracks Alerian Midstream Energy Dividend, while W311.DE tracks Indxx Global NextGen Healthcare. Their fees differ too: 0.40% for JMLP.DE and 0.59% for W311.DE.
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