NATP.L vs. METP.L
NATP.L (HANetf Future of Defence UCITS ETF Acc GBP) and METP.L (HANetf ETC Group Global Metaverse UCITS ETF) are both exchange-traded funds - NATP.L is a Aerospace & Defense fund tracking the EQM Future of Defence Index, while METP.L is a Technology Equities fund tracking the MSCI World/Information Tech NR USD. Both are passively managed. Over the past year, NATP.L returned 20.99% vs 1.61% for METP.L. At a 0.43 correlation, their price movements are largely independent. NATP.L charges 0.49%/yr vs 0.65%/yr for METP.L.
Performance
NATP.L vs. METP.L - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, NATP.L achieves a 13.14% return, which is significantly higher than METP.L's -2.96% return.
NATP.L
- 1D
- -0.69%
- 1M
- 10.19%
- YTD
- 13.14%
- 6M
- 16.55%
- 1Y
- 20.99%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
METP.L
- 1D
- 0.40%
- 1M
- 9.18%
- YTD
- -2.96%
- 6M
- -8.15%
- 1Y
- 1.61%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
NATP.L vs. METP.L - Yearly Performance Comparison
| 2026 (YTD) | 2025 | |
|---|---|---|
NATP.L HANetf Future of Defence UCITS ETF Acc GBP | 13.14% | 20.56% |
METP.L HANetf ETC Group Global Metaverse UCITS ETF | -2.96% | 21.88% |
Correlation
The correlation between NATP.L and METP.L is 0.44, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.44 |
Correlation (All Time) Calculated using the full available price history since Apr 29, 2025 | 0.43 |
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Return for Risk
NATP.L vs. METP.L — Risk / Return Rank
NATP.L
METP.L
NATP.L vs. METP.L - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for HANetf Future of Defence UCITS ETF Acc GBP (NATP.L) and HANetf ETC Group Global Metaverse UCITS ETF (METP.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.
| NATP.L | METP.L | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.99 | ||
| Sortino ratioReturn per unit of downside risk | +1.01 | ||
| Omega ratioGain probability vs. loss probability | 1.20 | 1.09 | +0.10 |
| Calmar ratioReturn relative to maximum drawdown | 1.81 | 0.09 | +1.72 |
| Martin ratioReturn relative to average drawdown | 4.03 | 0.16 | +3.87 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
Loading charts...
Sharpe Ratios by Period
| NATP.L | METP.L | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.08 | 0.10 | +0.99 |
Sharpe Ratio (All Time)Calculated using the full available price history | 2.07 | 0.33 | +1.74 |
Drawdowns
NATP.L vs. METP.L - Drawdown Comparison
The maximum NATP.L drawdown since its inception was -11.66%, smaller than the maximum METP.L drawdown of -53.17%. Use the drawdown chart below to compare losses from any high point for NATP.L and METP.L.
Loading charts...
Drawdown Indicators
| NATP.L | METP.L | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -11.66% | -53.17% | +41.51% |
Max Drawdown (1Y)Largest decline over 1 year | -11.55% | -53.17% | +41.62% |
Current DrawdownCurrent decline from peak | -2.00% | -39.76% | +37.76% |
Average DrawdownAverage peak-to-trough decline | -2.36% | -23.08% | +20.72% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 5.20% | 31.79% | -26.59% |
Volatility
NATP.L vs. METP.L - Volatility Comparison
The current volatility for HANetf Future of Defence UCITS ETF Acc GBP (NATP.L) is 5.87%, while HANetf ETC Group Global Metaverse UCITS ETF (METP.L) has a volatility of 8.47%. This indicates that NATP.L experiences smaller price fluctuations and is considered to be less risky than METP.L based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| NATP.L | METP.L | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 5.87% | 8.47% | -2.60% |
Volatility (6M)Calculated over the trailing 6-month period | 15.18% | 19.76% | -4.58% |
Volatility (1Y)Calculated over the trailing 1-year period | 19.35% | 52.01% | -32.66% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 18.36% | 50.93% | -32.57% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 18.36% | 50.93% | -32.57% |
NATP.L vs. METP.L - Expense Ratio Comparison
NATP.L has a 0.49% expense ratio, which is lower than METP.L's 0.65% expense ratio.
Dividends
NATP.L vs. METP.L - Dividend Comparison
Neither NATP.L nor METP.L has paid dividends to shareholders.
Frequently Asked Questions
NATP.L and METP.L have a correlation of 0.44, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, NATP.L is cheaper at 0.49% per year. The better choice depends on whether you care most about return, fees, risk, or income.
NATP.L is cheaper with a 0.49% expense ratio, compared with 0.65% for METP.L.
NATP.L is categorized as Aerospace & Defense, while METP.L is Technology Equities. NATP.L tracks EQM Future of Defence Index, while METP.L tracks MSCI World/Information Tech NR USD. Their fees differ too: 0.49% for NATP.L and 0.65% for METP.L.
Find the right allocation for NATP.L and METP.L
Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Optimizer