METP.L vs. ECOG.L
METP.L (HANetf ETC Group Global Metaverse UCITS ETF) and ECOG.L (Legal & General UCITS ETF plc - L&G Ecommerce Logistics UCITS ETF) are both Technology Equities funds tracking the MSCI World/Information Tech NR USD, from HANetf and Legal & General respectively. Both are passively managed. Over the past year, METP.L returned -3.64% vs 7.61% for ECOG.L. At a 0.49 correlation, their price movements are largely independent. METP.L charges 0.65%/yr vs 0.49%/yr for ECOG.L.
Performance
METP.L vs. ECOG.L - Performance Comparison
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Returns By Period
In the year-to-date period, METP.L achieves a -8.08% return, which is significantly lower than ECOG.L's 0.22% return.
METP.L
- 1D
- -5.28%
- 1M
- 4.65%
- YTD
- -8.08%
- 6M
- -14.44%
- 1Y
- -3.64%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
ECOG.L
- 1D
- 1.28%
- 1M
- 5.25%
- YTD
- 0.22%
- 6M
- 1.28%
- 1Y
- 7.61%
- 3Y*
- 6.11%
- 5Y*
- 2.51%
- 10Y*
- —
METP.L vs. ECOG.L - Yearly Performance Comparison
| 2026 (YTD) | 2025 | |
|---|---|---|
METP.L HANetf ETC Group Global Metaverse UCITS ETF | -8.08% | 21.88% |
ECOG.L Legal & General UCITS ETF plc - L&G Ecommerce Logistics UCITS ETF | 0.22% | 14.18% |
Correlation
The correlation between METP.L and ECOG.L is 0.48, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.48 |
Correlation (All Time) Calculated using the full available price history since Apr 29, 2025 | 0.49 |
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Return for Risk
METP.L vs. ECOG.L — Risk / Return Rank
METP.L
ECOG.L
METP.L vs. ECOG.L - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for HANetf ETC Group Global Metaverse UCITS ETF (METP.L) and Legal & General UCITS ETF plc - L&G Ecommerce Logistics UCITS ETF (ECOG.L). 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.
| METP.L | ECOG.L | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.60 | ||
| Sortino ratioReturn per unit of downside risk | -0.53 | ||
| Omega ratioGain probability vs. loss probability | 1.05 | 1.10 | -0.05 |
| Calmar ratioReturn relative to maximum drawdown | -0.07 | 0.59 | -0.66 |
| Martin ratioReturn relative to average drawdown | -0.12 | 1.60 | -1.72 |
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
| METP.L | ECOG.L | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | -0.07 | 0.53 | -0.60 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | — | 0.15 | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.21 | 0.48 | -0.27 |
Drawdowns
METP.L vs. ECOG.L - Drawdown Comparison
The maximum METP.L drawdown since its inception was -53.17%, which is greater than ECOG.L's maximum drawdown of -26.12%. Use the drawdown chart below to compare losses from any high point for METP.L and ECOG.L.
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Drawdown Indicators
| METP.L | ECOG.L | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -53.17% | -26.12% | -27.05% |
Max Drawdown (1Y)Largest decline over 1 year | -53.17% | -12.80% | -40.37% |
Max Drawdown (3Y)Largest decline over 3 years | — | -22.66% | — |
Max Drawdown (5Y)Largest decline over 5 years | — | -26.12% | — |
Current DrawdownCurrent decline from peak | -42.94% | -3.39% | -39.55% |
Average DrawdownAverage peak-to-trough decline | -23.16% | -7.65% | -15.51% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 31.91% | 4.74% | +27.17% |
Volatility
METP.L vs. ECOG.L - Volatility Comparison
HANetf ETC Group Global Metaverse UCITS ETF (METP.L) has a higher volatility of 10.24% compared to Legal & General UCITS ETF plc - L&G Ecommerce Logistics UCITS ETF (ECOG.L) at 3.94%. This indicates that METP.L's price experiences larger fluctuations and is considered to be riskier than ECOG.L based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| METP.L | ECOG.L | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 10.24% | 3.94% | +6.30% |
Volatility (6M)Calculated over the trailing 6-month period | 20.43% | 10.78% | +9.65% |
Volatility (1Y)Calculated over the trailing 1-year period | 52.25% | 14.44% | +37.81% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 51.09% | 16.56% | +34.53% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 51.09% | 17.05% | +34.04% |
METP.L vs. ECOG.L - Expense Ratio Comparison
METP.L has a 0.65% expense ratio, which is higher than ECOG.L's 0.49% expense ratio.
Dividends
METP.L vs. ECOG.L - Dividend Comparison
Neither METP.L nor ECOG.L has paid dividends to shareholders.
Frequently Asked Questions
METP.L and ECOG.L have a correlation of 0.48, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, ECOG.L is cheaper at 0.49% per year. The better choice depends on whether you care most about return, fees, risk, or income.
ECOG.L is cheaper with a 0.49% expense ratio, compared with 0.65% for METP.L.
Both ETFs track MSCI World/Information Tech NR USD. They also come from different issuers: HANetf and Legal & General. Their fees differ too: 0.65% for METP.L and 0.49% for ECOG.L.
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