METU.L vs. ESIT.L
METU.L (Franklin AI, Metaverse and Blockchain UCITS ETF USD Acc) and ESIT.L (iShares MSCI Europe Information Technology Sector UCITS ETF) are both Technology Equities funds - METU.L tracks the Solactive Global Metaverse Innovation Index while ESIT.L tracks the MSCI World/Information Tech NR USD. Both are passively managed. Over the past 3 years, METU.L returned 26.66%/yr vs 24.77%/yr for ESIT.L. A 0.65 correlation means they provide meaningful diversification when combined. METU.L charges 0.30%/yr vs 0.18%/yr for ESIT.L.
Performance
METU.L vs. ESIT.L - Performance Comparison
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Returns By Period
In the year-to-date period, METU.L achieves a 19.26% return, which is significantly lower than ESIT.L's 51.37% return.
METU.L
- 1D
- -1.70%
- 1M
- 15.94%
- YTD
- 19.26%
- 6M
- 13.72%
- 1Y
- 43.71%
- 3Y*
- 26.66%
- 5Y*
- —
- 10Y*
- —
ESIT.L
- 1D
- 0.18%
- 1M
- 20.73%
- YTD
- 51.37%
- 6M
- 48.42%
- 1Y
- 65.95%
- 3Y*
- 24.77%
- 5Y*
- 15.16%
- 10Y*
- —
METU.L vs. ESIT.L - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | |
|---|---|---|---|---|---|
METU.L Franklin AI, Metaverse and Blockchain UCITS ETF USD Acc | 19.26% | 10.47% | 21.99% | 66.81% | -24.07% |
ESIT.L iShares MSCI Europe Information Technology Sector UCITS ETF | 51.37% | 14.83% | 2.77% | 32.26% | -0.72% |
Correlation
The correlation between METU.L and ESIT.L is 0.59, 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 | 0.59 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.63 |
Correlation (All Time) Calculated using the full available price history since Sep 12, 2022 | 0.65 |
The correlation between METU.L and ESIT.L has been stable across timeframes, ranging from 0.59 to 0.65 - a consistent structural relationship.
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Return for Risk
METU.L vs. ESIT.L — Risk / Return Rank
METU.L
ESIT.L
METU.L vs. ESIT.L - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Franklin AI, Metaverse and Blockchain UCITS ETF USD Acc (METU.L) and iShares MSCI Europe Information Technology Sector UCITS ETF (ESIT.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.
| METU.L | ESIT.L | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.90 | ||
| Sortino ratioReturn per unit of downside risk | -1.18 | ||
| Omega ratioGain probability vs. loss probability | 1.31 | 1.43 | -0.13 |
| Calmar ratioReturn relative to maximum drawdown | 1.42 | 5.60 | -4.18 |
| Martin ratioReturn relative to average drawdown | 3.33 | 14.10 | -10.77 |
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
| METU.L | ESIT.L | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.78 | 2.68 | -0.90 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | — | 0.61 | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.77 | 0.72 | +0.05 |
Drawdowns
METU.L vs. ESIT.L - Drawdown Comparison
The maximum METU.L drawdown since its inception was -32.01%, smaller than the maximum ESIT.L drawdown of -37.50%. Use the drawdown chart below to compare losses from any high point for METU.L and ESIT.L.
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Drawdown Indicators
| METU.L | ESIT.L | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -32.01% | -37.50% | +5.49% |
Max Drawdown (1Y)Largest decline over 1 year | -30.55% | -11.71% | -18.84% |
Max Drawdown (3Y)Largest decline over 3 years | -32.01% | -24.87% | -7.14% |
Max Drawdown (5Y)Largest decline over 5 years | — | -37.50% | — |
Current DrawdownCurrent decline from peak | -2.70% | -0.16% | -2.54% |
Average DrawdownAverage peak-to-trough decline | -9.60% | -11.52% | +1.92% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 13.08% | 4.66% | +8.42% |
Volatility
METU.L vs. ESIT.L - Volatility Comparison
The current volatility for Franklin AI, Metaverse and Blockchain UCITS ETF USD Acc (METU.L) is 7.66%, while iShares MSCI Europe Information Technology Sector UCITS ETF (ESIT.L) has a volatility of 9.42%. This indicates that METU.L experiences smaller price fluctuations and is considered to be less risky than ESIT.L based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| METU.L | ESIT.L | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 7.66% | 9.42% | -1.76% |
Volatility (6M)Calculated over the trailing 6-month period | 17.74% | 19.85% | -2.11% |
Volatility (1Y)Calculated over the trailing 1-year period | 24.44% | 24.48% | -0.04% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 27.11% | 25.01% | +2.10% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 27.11% | 24.64% | +2.47% |
METU.L vs. ESIT.L - Expense Ratio Comparison
METU.L has a 0.30% expense ratio, which is higher than ESIT.L's 0.18% expense ratio.
Dividends
METU.L vs. ESIT.L - Dividend Comparison
Neither METU.L nor ESIT.L has paid dividends to shareholders.
Frequently Asked Questions
METU.L and ESIT.L have a correlation of 0.59, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, ESIT.L is cheaper at 0.18% per year. The better choice depends on whether you care most about return, fees, risk, or income.
ESIT.L is cheaper with a 0.18% expense ratio, compared with 0.30% for METU.L.
METU.L tracks Solactive Global Metaverse Innovation Index, while ESIT.L tracks MSCI World/Information Tech NR USD. They also come from different issuers: Franklin Templeton and iShares. Their fees differ too: 0.30% for METU.L and 0.18% for ESIT.L.
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