M37R.DE vs. ASWA.DE
M37R.DE (HANetf ETC Group Global Metaverse UCITS ETF) and ASWA.DE (HANetf European Green Deal UCITS ETF Acc) are both exchange-traded funds - M37R.DE is a Technology Equities fund tracking the Solactive ETC Group Global Metaverse, while ASWA.DE is a Europe Equities fund tracking the SGI European Green Deal ESG Screened. Both are passively managed. Over the past year, M37R.DE returned -5.22% vs 0.26% for ASWA.DE. At a 0.44 correlation, their price movements are largely independent. M37R.DE charges 0.65%/yr vs 0.60%/yr for ASWA.DE.
Performance
M37R.DE vs. ASWA.DE - Performance Comparison
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Returns By Period
In the year-to-date period, M37R.DE achieves a -6.38% return, which is significantly higher than ASWA.DE's -10.58% return.
M37R.DE
- 1D
- 1.15%
- 1M
- 5.28%
- YTD
- -6.38%
- 6M
- -12.87%
- 1Y
- -5.22%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
ASWA.DE
- 1D
- -0.09%
- 1M
- 0.41%
- YTD
- -10.58%
- 6M
- -9.71%
- 1Y
- 0.26%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
M37R.DE vs. ASWA.DE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | |
|---|---|---|---|
M37R.DE HANetf ETC Group Global Metaverse UCITS ETF | -6.38% | -10.17% | 28.74% |
ASWA.DE HANetf European Green Deal UCITS ETF Acc | -10.58% | 26.07% | -11.36% |
Correlation
The correlation between M37R.DE and ASWA.DE is 0.40, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.40 |
Correlation (All Time) Calculated using the full available price history since Sep 27, 2024 | 0.44 |
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Return for Risk
M37R.DE vs. ASWA.DE — Risk / Return Rank
M37R.DE
ASWA.DE
M37R.DE vs. ASWA.DE - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for HANetf ETC Group Global Metaverse UCITS ETF (M37R.DE) and HANetf European Green Deal UCITS ETF Acc (ASWA.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.
| M37R.DE | ASWA.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.19 | ||
| Sortino ratioReturn per unit of downside risk | -0.29 | ||
| Omega ratioGain probability vs. loss probability | 0.99 | 1.06 | -0.07 |
| Calmar ratioReturn relative to maximum drawdown | -0.13 | 0.01 | -0.14 |
| Martin ratioReturn relative to average drawdown | -0.27 | 0.03 | -0.30 |
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
| M37R.DE | ASWA.DE | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | -0.18 | 0.01 | -0.19 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.15 | -0.04 | +0.19 |
Drawdowns
M37R.DE vs. ASWA.DE - Drawdown Comparison
The maximum M37R.DE drawdown since its inception was -38.85%, which is greater than ASWA.DE's maximum drawdown of -30.36%. Use the drawdown chart below to compare losses from any high point for M37R.DE and ASWA.DE.
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Drawdown Indicators
| M37R.DE | ASWA.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -38.85% | -30.36% | -8.49% |
Max Drawdown (1Y)Largest decline over 1 year | -38.85% | -30.36% | -8.49% |
Current DrawdownCurrent decline from peak | -24.62% | -23.85% | -0.77% |
Average DrawdownAverage peak-to-trough decline | -14.24% | -8.15% | -6.09% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 18.99% | 10.54% | +8.45% |
Volatility
M37R.DE vs. ASWA.DE - Volatility Comparison
HANetf ETC Group Global Metaverse UCITS ETF (M37R.DE) has a higher volatility of 10.35% compared to HANetf European Green Deal UCITS ETF Acc (ASWA.DE) at 7.52%. This indicates that M37R.DE's price experiences larger fluctuations and is considered to be riskier than ASWA.DE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| M37R.DE | ASWA.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 10.35% | 7.52% | +2.83% |
Volatility (6M)Calculated over the trailing 6-month period | 20.98% | 37.06% | -16.08% |
Volatility (1Y)Calculated over the trailing 1-year period | 28.65% | 33.68% | -5.03% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 32.04% | 24.72% | +7.32% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 32.04% | 24.72% | +7.32% |
M37R.DE vs. ASWA.DE - Expense Ratio Comparison
M37R.DE has a 0.65% expense ratio, which is higher than ASWA.DE's 0.60% expense ratio.
Dividends
M37R.DE vs. ASWA.DE - Dividend Comparison
Neither M37R.DE nor ASWA.DE has paid dividends to shareholders.
Frequently Asked Questions
M37R.DE and ASWA.DE have a correlation of 0.40, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, ASWA.DE is cheaper at 0.60% per year. The better choice depends on whether you care most about return, fees, risk, or income.
ASWA.DE is cheaper with a 0.60% expense ratio, compared with 0.65% for M37R.DE.
M37R.DE is categorized as Technology Equities, while ASWA.DE is Europe Equities. M37R.DE tracks Solactive ETC Group Global Metaverse, while ASWA.DE tracks SGI European Green Deal ESG Screened. Their fees differ too: 0.65% for M37R.DE and 0.60% for ASWA.DE.
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