METP.L vs. URNP.L
METP.L (HANetf ETC Group Global Metaverse UCITS ETF) and URNP.L (HANetf Sprott Uranium Miners UCITS ETF Acc) are both exchange-traded funds - METP.L is a Technology Equities fund tracking the MSCI World/Information Tech NR USD, while URNP.L is a Commodity Producers Equities fund tracking the S&P Global Natural Resources TR USD. Both are passively managed. Over the past year, METP.L returned -3.64% vs 59.87% for URNP.L. At a 0.41 correlation, their price movements are largely independent. METP.L charges 0.65%/yr vs 0.85%/yr for URNP.L.
Performance
METP.L vs. URNP.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 URNP.L's 15.46% return.
METP.L
- 1D
- -5.28%
- 1M
- 4.65%
- YTD
- -8.08%
- 6M
- -14.44%
- 1Y
- -3.64%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
URNP.L
- 1D
- 0.00%
- 1M
- -6.77%
- YTD
- 15.46%
- 6M
- 11.40%
- 1Y
- 59.87%
- 3Y*
- 25.15%
- 5Y*
- —
- 10Y*
- —
METP.L vs. URNP.L - Yearly Performance Comparison
| 2026 (YTD) | 2025 | |
|---|---|---|
METP.L HANetf ETC Group Global Metaverse UCITS ETF | -8.08% | 21.88% |
URNP.L HANetf Sprott Uranium Miners UCITS ETF Acc | 15.46% | 68.28% |
Correlation
The correlation between METP.L and URNP.L is 0.41, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.41 |
Correlation (All Time) Calculated using the full available price history since Apr 29, 2025 | 0.41 |
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Return for Risk
METP.L vs. URNP.L — Risk / Return Rank
METP.L
URNP.L
METP.L vs. URNP.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 HANetf Sprott Uranium Miners UCITS ETF Acc (URNP.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 | URNP.L | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -1.38 | ||
| Sortino ratioReturn per unit of downside risk | -1.60 | ||
| Omega ratioGain probability vs. loss probability | 1.05 | 1.24 | -0.19 |
| Calmar ratioReturn relative to maximum drawdown | -0.07 | 2.41 | -2.48 |
| Martin ratioReturn relative to average drawdown | -0.12 | 5.24 | -5.36 |
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 | URNP.L | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | -0.07 | 1.31 | -1.38 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.21 | 0.40 | -0.19 |
Drawdowns
METP.L vs. URNP.L - Drawdown Comparison
The maximum METP.L drawdown since its inception was -53.17%, roughly equal to the maximum URNP.L drawdown of -51.01%. Use the drawdown chart below to compare losses from any high point for METP.L and URNP.L.
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Drawdown Indicators
| METP.L | URNP.L | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -53.17% | -51.01% | -2.16% |
Max Drawdown (1Y)Largest decline over 1 year | -53.17% | -24.71% | -28.46% |
Max Drawdown (3Y)Largest decline over 3 years | — | -51.01% | — |
Current DrawdownCurrent decline from peak | -42.94% | -19.95% | -22.99% |
Average DrawdownAverage peak-to-trough decline | -23.16% | -17.85% | -5.31% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 31.91% | 11.38% | +20.53% |
Volatility
METP.L vs. URNP.L - Volatility Comparison
The current volatility for HANetf ETC Group Global Metaverse UCITS ETF (METP.L) is 10.24%, while HANetf Sprott Uranium Miners UCITS ETF Acc (URNP.L) has a volatility of 12.68%. This indicates that METP.L experiences smaller price fluctuations and is considered to be less risky than URNP.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 | URNP.L | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 10.24% | 12.68% | -2.44% |
Volatility (6M)Calculated over the trailing 6-month period | 20.43% | 31.75% | -11.32% |
Volatility (1Y)Calculated over the trailing 1-year period | 52.25% | 45.52% | +6.73% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 51.09% | 39.93% | +11.16% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 51.09% | 39.93% | +11.16% |
METP.L vs. URNP.L - Expense Ratio Comparison
METP.L has a 0.65% expense ratio, which is lower than URNP.L's 0.85% expense ratio.
Dividends
METP.L vs. URNP.L - Dividend Comparison
Neither METP.L nor URNP.L has paid dividends to shareholders.
Frequently Asked Questions
METP.L and URNP.L have a correlation of 0.41, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, METP.L is cheaper at 0.65% per year. The better choice depends on whether you care most about return, fees, risk, or income.
METP.L is cheaper with a 0.65% expense ratio, compared with 0.85% for URNP.L.
METP.L is categorized as Technology Equities, while URNP.L is Commodity Producers Equities. METP.L tracks MSCI World/Information Tech NR USD, while URNP.L tracks S&P Global Natural Resources TR USD. Their fees differ too: 0.65% for METP.L and 0.85% for URNP.L.
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