M37R.DE vs. IEVD.DE
M37R.DE (HANetf ETC Group Global Metaverse UCITS ETF) and IEVD.DE (iShares Electric Vehicles and Driving Technology UCITS ETF USD (Acc)) are both Technology Equities funds - M37R.DE tracks the Solactive ETC Group Global Metaverse while IEVD.DE tracks the STOXX® Global Electric Vehicles & Driving Technology. Both are passively managed. Over the past year, M37R.DE returned -5.22% vs 88.90% for IEVD.DE. A 0.62 correlation means they provide meaningful diversification when combined. M37R.DE charges 0.65%/yr vs 0.40%/yr for IEVD.DE.
Performance
M37R.DE vs. IEVD.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 lower than IEVD.DE's 58.66% return.
M37R.DE
- 1D
- 1.15%
- 1M
- 5.28%
- YTD
- -6.38%
- 6M
- -12.87%
- 1Y
- -5.22%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
IEVD.DE
- 1D
- -1.86%
- 1M
- 20.81%
- YTD
- 58.66%
- 6M
- 58.40%
- 1Y
- 88.90%
- 3Y*
- 23.68%
- 5Y*
- 13.50%
- 10Y*
- —
M37R.DE vs. IEVD.DE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | |
|---|---|---|---|
M37R.DE HANetf ETC Group Global Metaverse UCITS ETF | -6.38% | -10.17% | 28.74% |
IEVD.DE iShares Electric Vehicles and Driving Technology UCITS ETF USD (Acc) | 58.66% | 10.81% | 5.02% |
Correlation
The correlation between M37R.DE and IEVD.DE is 0.55, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.55 |
Correlation (All Time) Calculated using the full available price history since Sep 27, 2024 | 0.62 |
The correlation between M37R.DE and IEVD.DE has been stable across timeframes, ranging from 0.55 to 0.62 - a consistent structural relationship.
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Return for Risk
M37R.DE vs. IEVD.DE — Risk / Return Rank
M37R.DE
IEVD.DE
M37R.DE vs. IEVD.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 iShares Electric Vehicles and Driving Technology UCITS ETF USD (Acc) (IEVD.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 | IEVD.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -2.90 | ||
| Sortino ratioReturn per unit of downside risk | -3.68 | ||
| Omega ratioGain probability vs. loss probability | 0.99 | 1.53 | -0.53 |
| Calmar ratioReturn relative to maximum drawdown | -0.13 | 4.17 | -4.31 |
| Martin ratioReturn relative to average drawdown | -0.27 | 9.74 | -10.02 |
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 | IEVD.DE | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | -0.18 | 2.71 | -2.90 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | — | 0.55 | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.15 | 0.61 | -0.46 |
Drawdowns
M37R.DE vs. IEVD.DE - Drawdown Comparison
The maximum M37R.DE drawdown since its inception was -38.85%, smaller than the maximum IEVD.DE drawdown of -42.37%. Use the drawdown chart below to compare losses from any high point for M37R.DE and IEVD.DE.
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Drawdown Indicators
| M37R.DE | IEVD.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -38.85% | -42.37% | +3.52% |
Max Drawdown (1Y)Largest decline over 1 year | -38.85% | -21.18% | -17.67% |
Max Drawdown (3Y)Largest decline over 3 years | — | -30.23% | — |
Max Drawdown (5Y)Largest decline over 5 years | — | -30.39% | — |
Current DrawdownCurrent decline from peak | -24.62% | -1.86% | -22.76% |
Average DrawdownAverage peak-to-trough decline | -14.24% | -10.27% | -3.97% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 18.99% | 9.09% | +9.90% |
Volatility
M37R.DE vs. IEVD.DE - Volatility Comparison
The current volatility for HANetf ETC Group Global Metaverse UCITS ETF (M37R.DE) is 10.35%, while iShares Electric Vehicles and Driving Technology UCITS ETF USD (Acc) (IEVD.DE) has a volatility of 11.17%. This indicates that M37R.DE experiences smaller price fluctuations and is considered to be less risky than IEVD.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 | IEVD.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 10.35% | 11.17% | -0.82% |
Volatility (6M)Calculated over the trailing 6-month period | 20.98% | 19.50% | +1.48% |
Volatility (1Y)Calculated over the trailing 1-year period | 28.65% | 32.58% | -3.93% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 32.04% | 24.27% | +7.77% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 32.04% | 25.27% | +6.77% |
M37R.DE vs. IEVD.DE - Expense Ratio Comparison
M37R.DE has a 0.65% expense ratio, which is higher than IEVD.DE's 0.40% expense ratio.
Dividends
M37R.DE vs. IEVD.DE - Dividend Comparison
Neither M37R.DE nor IEVD.DE has paid dividends to shareholders.
Frequently Asked Questions
M37R.DE and IEVD.DE have a correlation of 0.55, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, IEVD.DE is cheaper at 0.40% per year. The better choice depends on whether you care most about return, fees, risk, or income.
IEVD.DE is cheaper with a 0.40% expense ratio, compared with 0.65% for M37R.DE.
M37R.DE tracks Solactive ETC Group Global Metaverse, while IEVD.DE tracks STOXX® Global Electric Vehicles & Driving Technology. They also come from different issuers: HANetf and iShares. Their fees differ too: 0.65% for M37R.DE and 0.40% for IEVD.DE.
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