METU.L vs. EUPA.L

Last updated Jun 5, 2026

METU.L (Franklin AI, Metaverse and Blockchain UCITS ETF USD Acc) and EUPA.L (Franklin STOXX Europe 600 Paris Aligned Climate UCITS ETF) are both exchange-traded funds - METU.L is a Technology Equities fund tracking the Solactive Global Metaverse Innovation Index, while EUPA.L is a Europe Equities fund tracking the MSCI Europe NR EUR. Both are passively managed. Over the past 3 years, METU.L returned 26.66%/yr vs 7.50%/yr for EUPA.L. At a 0.35 correlation, their price movements are largely independent. METU.L charges 0.30%/yr vs 0.15%/yr for EUPA.L.

Performance

METU.L vs. EUPA.L - Performance Comparison

The chart below illustrates the hypothetical performance of a £10,000 investment in Franklin AI, Metaverse and Blockchain UCITS ETF USD Acc (METU.L) and Franklin STOXX Europe 600 Paris Aligned Climate UCITS ETF (EUPA.L). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, METU.L achieves a 19.26% return, which is significantly higher than EUPA.L's 4.38% return.

METU.L

• 1D: -1.70%
• 1M: 15.94%
• YTD: 19.26%
• 6M: 13.72%
• 1Y: 43.71%
• 3Y*: 26.66%
• 5Y*: —
• 10Y*: —

EUPA.L

• 1D: 0.65%
• 1M: 3.80%
• YTD: 4.38%
• 6M: 5.66%
• 1Y: 8.58%
• 3Y*: 7.50%
• 5Y*: 6.23%
• 10Y*: —

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

METU.L vs. EUPA.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%
EUPA.L Franklin STOXX Europe 600 Paris Aligned Climate UCITS ETF	4.38%	11.10%	2.65%	13.53%	3.77%

Correlation

The correlation between METU.L and EUPA.L is 0.32, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.32
Correlation (3Y) Calculated over the trailing 3-year period	0.31
Correlation (All Time) Calculated using the full available price history since Sep 12, 2022	0.35

Return for Risk

METU.L vs. EUPA.L — Risk / Return Rank

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

METU.L

METU.L Risk / Return Rank: 41
METU.L Sharpe Ratio Rank: 52
METU.L Sortino Ratio Rank: 49
METU.L Omega Ratio Rank: 50
METU.L Calmar Ratio Rank: 30
METU.L Martin Ratio Rank: 25

EUPA.L

EUPA.L Risk / Return Rank: 20
EUPA.L Sharpe Ratio Rank: 20
EUPA.L Sortino Ratio Rank: 20
EUPA.L Omega Ratio Rank: 20
EUPA.L Calmar Ratio Rank: 18
EUPA.L Martin Ratio Rank: 20

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.

METU.L vs. EUPA.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 Franklin STOXX Europe 600 Paris Aligned Climate UCITS ETF (EUPA.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	EUPA.L	Difference
Sharpe ratio: Return per unit of total volatility	1.78	0.64	+1.14
Sortino ratio: Return per unit of downside risk	2.39	1.00	+1.39
Omega ratio: Gain probability vs. loss probability	1.31	1.13	+0.18
Calmar ratio: Return relative to maximum drawdown	1.42	0.71	+0.71
Martin ratio: Return relative to average drawdown	3.33	2.21	+1.12
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

METU.L vs. EUPA.L - Sharpe Ratio Comparison

The current METU.L Sharpe Ratio is 1.78, which is higher than the EUPA.L Sharpe Ratio of 0.64. The chart below compares the historical Sharpe Ratios of METU.L and EUPA.L, 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

	METU.L	EUPA.L	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	1.78	0.64	+1.14
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	—	0.43	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.77	0.61	+0.16

Drawdowns

METU.L vs. EUPA.L - Drawdown Comparison

The maximum METU.L drawdown since its inception was -32.01%, which is greater than EUPA.L's maximum drawdown of -18.43%. Use the drawdown chart below to compare losses from any high point for METU.L and EUPA.L.

Drawdown Indicators

	METU.L	EUPA.L	Difference
Max Drawdown Largest peak-to-trough decline	-32.01%	-18.43%	-13.58%
Max Drawdown (1Y) Largest decline over 1 year	-30.55%	-11.96%	-18.59%
Max Drawdown (3Y) Largest decline over 3 years	-32.01%	-12.16%	-19.85%
Max Drawdown (5Y) Largest decline over 5 years	—	-18.43%	—
Current Drawdown Current decline from peak	-2.70%	-3.00%	+0.30%
Average Drawdown Average peak-to-trough decline	-9.60%	-4.03%	-5.57%
Ulcer Index Depth and duration of drawdowns from previous peaks	13.08%	3.87%	+9.21%

Volatility

METU.L vs. EUPA.L - Volatility Comparison

Franklin AI, Metaverse and Blockchain UCITS ETF USD Acc (METU.L) has a higher volatility of 7.66% compared to Franklin STOXX Europe 600 Paris Aligned Climate UCITS ETF (EUPA.L) at 4.37%. This indicates that METU.L's price experiences larger fluctuations and is considered to be riskier than EUPA.L based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	METU.L	EUPA.L	Difference
Volatility (1M) Calculated over the trailing 1-month period	7.66%	4.37%	+3.29%
Volatility (6M) Calculated over the trailing 6-month period	17.74%	11.07%	+6.67%
Volatility (1Y) Calculated over the trailing 1-year period	24.44%	13.27%	+11.17%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	27.11%	14.38%	+12.73%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	27.11%	14.47%	+12.64%

METU.L vs. EUPA.L - Expense Ratio Comparison

METU.L has a 0.30% expense ratio, which is higher than EUPA.L's 0.15% expense ratio.

Dividends

METU.L vs. EUPA.L - Dividend Comparison

Neither METU.L nor EUPA.L has paid dividends to shareholders.

Tickers have no history of dividend payments

Frequently Asked Questions

Can I hold both METU.L and EUPA.L in my portfolio?

METU.L and EUPA.L have a correlation of 0.32, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, METU.L or EUPA.L?

On fees, EUPA.L is cheaper at 0.15% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, METU.L or EUPA.L?

EUPA.L is cheaper with a 0.15% expense ratio, compared with 0.30% for METU.L.

What is the main difference between METU.L and EUPA.L?

METU.L is categorized as Technology Equities, while EUPA.L is Europe Equities. METU.L tracks Solactive Global Metaverse Innovation Index, while EUPA.L tracks MSCI Europe NR EUR. Their fees differ too: 0.30% for METU.L and 0.15% for EUPA.L.