M37R.DE vs. WELL.DE

Last updated Jun 5, 2026

M37R.DE (HANetf ETC Group Global Metaverse UCITS ETF) and WELL.DE (Amundi S&P Global Information Technology ESG UCITS ETF EUR Dist) are both Technology Equities funds - M37R.DE tracks the Solactive ETC Group Global Metaverse while WELL.DE tracks the S&P Developed Ex-Korea LargeMidCap Sustainability Enhanced Information Technology. Both are passively managed. Over the past year, M37R.DE returned -5.22% vs 44.12% for WELL.DE. A 0.73 correlation means they provide meaningful diversification when combined. M37R.DE charges 0.65%/yr vs 0.18%/yr for WELL.DE.

Performance

M37R.DE vs. WELL.DE - Performance Comparison

The chart below illustrates the hypothetical performance of a €10,000 investment in HANetf ETC Group Global Metaverse UCITS ETF (M37R.DE) and Amundi S&P Global Information Technology ESG UCITS ETF EUR Dist (WELL.DE). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, M37R.DE achieves a -6.38% return, which is significantly lower than WELL.DE's 21.22% return.

M37R.DE

• 1D: 1.15%
• 1M: 5.28%
• YTD: -6.38%
• 6M: -12.87%
• 1Y: -5.22%
• 3Y*: —
• 5Y*: —
• 10Y*: —

WELL.DE

• 1D: -1.85%
• 1M: 12.90%
• YTD: 21.22%
• 6M: 19.95%
• 1Y: 44.12%
• 3Y*: 27.36%
• 5Y*: —
• 10Y*: —

*Multi-year figures are annualized to reflect compound growth (CAGR)

M37R.DE vs. WELL.DE - Yearly Performance Comparison

	2026 (YTD)	2025	2024
M37R.DE HANetf ETC Group Global Metaverse UCITS ETF	-6.38%	-10.17%	28.74%
WELL.DE Amundi S&P Global Information Technology ESG UCITS ETF EUR Dist	21.22%	9.77%	9.54%

Correlation

The correlation between M37R.DE and WELL.DE is 0.71, 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	0.71
Correlation (All Time) Calculated using the full available price history since Sep 27, 2024	0.73

The correlation between M37R.DE and WELL.DE has been stable across timeframes, ranging from 0.71 to 0.73 - a consistent structural relationship.

Return for Risk

M37R.DE vs. WELL.DE — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

M37R.DE

M37R.DE Risk / Return Rank: 7
M37R.DE Sharpe Ratio Rank: 7
M37R.DE Sortino Ratio Rank: 8
M37R.DE Omega Ratio Rank: 7
M37R.DE Calmar Ratio Rank: 8
M37R.DE Martin Ratio Rank: 8

WELL.DE

WELL.DE Risk / Return Rank: 57
WELL.DE Sharpe Ratio Rank: 67
WELL.DE Sortino Ratio Rank: 62
WELL.DE Omega Ratio Rank: 59
WELL.DE Calmar Ratio Rank: 56
WELL.DE Martin Ratio Rank: 44

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

M37R.DE vs. WELL.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 Amundi S&P Global Information Technology ESG UCITS ETF EUR Dist (WELL.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	WELL.DE	Difference
Sharpe ratio: Return per unit of total volatility	-0.18	2.17	-2.35
Sortino ratio: Return per unit of downside risk	-0.06	2.84	-2.90
Omega ratio: Gain probability vs. loss probability	0.99	1.36	-0.36
Calmar ratio: Return relative to maximum drawdown	-0.13	2.71	-2.85
Martin ratio: Return relative to average drawdown	-0.27	7.03	-7.30
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

M37R.DE vs. WELL.DE - Sharpe Ratio Comparison

The current M37R.DE Sharpe Ratio is -0.18, which is lower than the WELL.DE Sharpe Ratio of 2.17. The chart below compares the historical Sharpe Ratios of M37R.DE and WELL.DE, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Sharpe Ratios by Period

	M37R.DE	WELL.DE	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	-0.18	2.17	-2.35
Sharpe Ratio (All Time) Calculated using the full available price history	0.15	1.52	-1.37

Drawdowns

M37R.DE vs. WELL.DE - Drawdown Comparison

The maximum M37R.DE drawdown since its inception was -38.85%, which is greater than WELL.DE's maximum drawdown of -28.78%. Use the drawdown chart below to compare losses from any high point for M37R.DE and WELL.DE.

Drawdown Indicators

	M37R.DE	WELL.DE	Difference
Max Drawdown Largest peak-to-trough decline	-38.85%	-28.78%	-10.07%
Max Drawdown (1Y) Largest decline over 1 year	-38.85%	-16.18%	-22.67%
Max Drawdown (3Y) Largest decline over 3 years	—	-28.78%	—
Current Drawdown Current decline from peak	-24.62%	-2.72%	-21.90%
Average Drawdown Average peak-to-trough decline	-14.24%	-4.72%	-9.52%
Ulcer Index Depth and duration of drawdowns from previous peaks	18.99%	6.26%	+12.73%

Volatility

M37R.DE vs. WELL.DE - Volatility Comparison

HANetf ETC Group Global Metaverse UCITS ETF (M37R.DE) has a higher volatility of 10.35% compared to Amundi S&P Global Information Technology ESG UCITS ETF EUR Dist (WELL.DE) at 6.79%. This indicates that M37R.DE's price experiences larger fluctuations and is considered to be riskier than WELL.DE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	M37R.DE	WELL.DE	Difference
Volatility (1M) Calculated over the trailing 1-month period	10.35%	6.79%	+3.56%
Volatility (6M) Calculated over the trailing 6-month period	20.98%	14.75%	+6.23%
Volatility (1Y) Calculated over the trailing 1-year period	28.65%	20.24%	+8.41%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	32.04%	22.20%	+9.84%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	32.04%	22.20%	+9.84%

M37R.DE vs. WELL.DE - Expense Ratio Comparison

M37R.DE has a 0.65% expense ratio, which is higher than WELL.DE's 0.18% expense ratio.

Dividends

M37R.DE vs. WELL.DE - Dividend Comparison

M37R.DE has not paid dividends to shareholders, while WELL.DE's dividend yield for the trailing twelve months is around 0.27%.

Position	TTM	2025	2024	2023
M37R.DE HANetf ETC Group Global Metaverse UCITS ETF	0.00%	0.00%	0.00%	0.00%
WELL.DE Amundi S&P Global Information Technology ESG UCITS ETF EUR Dist	0.27%	0.35%	0.36%	0.14%

Frequently Asked Questions

Can I hold both M37R.DE and WELL.DE in my portfolio?

M37R.DE and WELL.DE have a correlation of 0.71, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, M37R.DE or WELL.DE?

On fees, WELL.DE is cheaper at 0.18% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, M37R.DE or WELL.DE?

WELL.DE is cheaper with a 0.18% expense ratio, compared with 0.65% for M37R.DE.

What is the main difference between M37R.DE and WELL.DE?

M37R.DE tracks Solactive ETC Group Global Metaverse, while WELL.DE tracks S&P Developed Ex-Korea LargeMidCap Sustainability Enhanced Information Technology. They also come from different issuers: HANetf and Amundi. Their fees differ too: 0.65% for M37R.DE and 0.18% for WELL.DE.