MTVR.DE vs. AYEW.DE
MTVR.DE (L&G Metaverse ESG Exclusions UCITS ETF USD Accumulating) and AYEW.DE (iShares MSCI World Information Technology Sector ESG UCITS ETF USD (Dist)) are both Technology Equities funds - MTVR.DE tracks the iStoxx Access Metaverse while AYEW.DE tracks the MSCI World Information Technology ESG Reduced Carbon Select 20 35 Capped. Both are passively managed. Over the past 3 years, MTVR.DE returned 48.38%/yr vs 27.99%/yr for AYEW.DE. Their correlation of 0.91 suggests significant overlap in exposure. MTVR.DE charges 0.39%/yr vs 0.18%/yr for AYEW.DE.
Performance
MTVR.DE vs. AYEW.DE - Performance Comparison
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Returns By Period
In the year-to-date period, MTVR.DE achieves a 72.46% return, which is significantly higher than AYEW.DE's 24.61% return.
MTVR.DE
- 1D
- -3.30%
- 1M
- 18.95%
- YTD
- 72.46%
- 6M
- 74.69%
- 1Y
- 123.79%
- 3Y*
- 48.38%
- 5Y*
- —
- 10Y*
- —
AYEW.DE
- 1D
- -1.67%
- 1M
- 13.12%
- YTD
- 24.61%
- 6M
- 22.76%
- 1Y
- 44.30%
- 3Y*
- 27.99%
- 5Y*
- 21.48%
- 10Y*
- —
MTVR.DE vs. AYEW.DE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | |
|---|---|---|---|---|---|
MTVR.DE L&G Metaverse ESG Exclusions UCITS ETF USD Accumulating | 72.46% | 23.08% | 29.91% | 63.34% | -13.25% |
AYEW.DE iShares MSCI World Information Technology Sector ESG UCITS ETF USD (Dist) | 24.61% | 9.65% | 33.73% | 55.77% | -10.84% |
Correlation
The correlation between MTVR.DE and AYEW.DE is 0.86, indicating a strong positive relationship between their price movements. Combining them offers limited diversification - they tend to fall together during downturns.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.86 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.90 |
Correlation (All Time) Calculated using the full available price history since Sep 8, 2022 | 0.91 |
The correlation between MTVR.DE and AYEW.DE has been stable across timeframes, ranging from 0.86 to 0.91 - a consistent structural relationship.
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Return for Risk
MTVR.DE vs. AYEW.DE — Risk / Return Rank
MTVR.DE
AYEW.DE
MTVR.DE vs. AYEW.DE - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for L&G Metaverse ESG Exclusions UCITS ETF USD Accumulating (MTVR.DE) and iShares MSCI World Information Technology Sector ESG UCITS ETF USD (Dist) (AYEW.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.
| MTVR.DE | AYEW.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +2.61 | ||
| Sortino ratioReturn per unit of downside risk | +2.41 | ||
| Omega ratioGain probability vs. loss probability | 1.70 | 1.37 | +0.33 |
| Calmar ratioReturn relative to maximum drawdown | 9.91 | 3.01 | +6.90 |
| Martin ratioReturn relative to average drawdown | 36.18 | 8.00 | +28.18 |
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
| MTVR.DE | AYEW.DE | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 4.86 | 2.26 | +2.61 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | — | 0.93 | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 1.72 | 1.02 | +0.70 |
Drawdowns
MTVR.DE vs. AYEW.DE - Drawdown Comparison
The maximum MTVR.DE drawdown since its inception was -30.86%, roughly equal to the maximum AYEW.DE drawdown of -31.36%. Use the drawdown chart below to compare losses from any high point for MTVR.DE and AYEW.DE.
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Drawdown Indicators
| MTVR.DE | AYEW.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -30.86% | -31.36% | +0.50% |
Max Drawdown (1Y)Largest decline over 1 year | -12.65% | -14.98% | +2.33% |
Max Drawdown (3Y)Largest decline over 3 years | -30.86% | -29.01% | -1.85% |
Max Drawdown (5Y)Largest decline over 5 years | — | -30.10% | — |
Current DrawdownCurrent decline from peak | -3.30% | -2.13% | -1.17% |
Average DrawdownAverage peak-to-trough decline | -5.32% | -7.74% | +2.42% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 3.47% | 5.64% | -2.17% |
Volatility
MTVR.DE vs. AYEW.DE - Volatility Comparison
L&G Metaverse ESG Exclusions UCITS ETF USD Accumulating (MTVR.DE) has a higher volatility of 10.70% compared to iShares MSCI World Information Technology Sector ESG UCITS ETF USD (Dist) (AYEW.DE) at 6.77%. This indicates that MTVR.DE's price experiences larger fluctuations and is considered to be riskier than AYEW.DE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| MTVR.DE | AYEW.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 10.70% | 6.77% | +3.93% |
Volatility (6M)Calculated over the trailing 6-month period | 19.34% | 14.89% | +4.45% |
Volatility (1Y)Calculated over the trailing 1-year period | 25.77% | 19.98% | +5.79% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 25.35% | 22.77% | +2.58% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 25.35% | 23.48% | +1.87% |
MTVR.DE vs. AYEW.DE - Expense Ratio Comparison
MTVR.DE has a 0.39% expense ratio, which is higher than AYEW.DE's 0.18% expense ratio.
Dividends
MTVR.DE vs. AYEW.DE - Dividend Comparison
MTVR.DE has not paid dividends to shareholders, while AYEW.DE's dividend yield for the trailing twelve months is around 0.25%.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 |
|---|---|---|---|---|---|---|---|---|
AYEW.DE iShares MSCI World Information Technology Sector ESG UCITS ETF USD (Dist) | 0.25% | 0.31% | 0.38% | 0.46% | 0.82% | 0.40% | 0.65% | 0.12% |
MTVR.DE L&G Metaverse ESG Exclusions UCITS ETF USD Accumulating | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Frequently Asked Questions
MTVR.DE and AYEW.DE have a correlation of 0.86, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, AYEW.DE is cheaper at 0.18% per year. The better choice depends on whether you care most about return, fees, risk, or income.
AYEW.DE is cheaper with a 0.18% expense ratio, compared with 0.39% for MTVR.DE.
MTVR.DE tracks iStoxx Access Metaverse, while AYEW.DE tracks MSCI World Information Technology ESG Reduced Carbon Select 20 35 Capped. They also come from different issuers: Legal & General and iShares. Their fees differ too: 0.39% for MTVR.DE and 0.18% for AYEW.DE.
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