PIGI.L vs. METU.L

Last updated Jun 5, 2026

PIGI.L (HANetf Digital Infrastructure and Connectivity UCITS ETF) and METU.L (Franklin AI, Metaverse and Blockchain UCITS ETF USD Acc) are both Technology Equities funds - PIGI.L tracks the MSCI World/Information Tech NR USD while METU.L tracks the Solactive Global Metaverse Innovation Index. Both are passively managed. Over the past year, PIGI.L returned 15.64% vs 43.71% for METU.L. At a 0.44 correlation, their price movements are largely independent. PIGI.L charges 0.69%/yr vs 0.30%/yr for METU.L.

Performance

PIGI.L vs. METU.L - Performance Comparison

The chart below illustrates the hypothetical performance of a £10,000 investment in HANetf Digital Infrastructure and Connectivity UCITS ETF (PIGI.L) and Franklin AI, Metaverse and Blockchain UCITS ETF USD Acc (METU.L). The values are adjusted to include any dividend payments, if applicable.

Different Trading Currencies

PIGI.L is traded in GBp, while METU.L is traded in GBP. To make them comparable, the METU.L values have been converted to GBp using the latest available exchange rates.

Returns By Period

In the year-to-date period, PIGI.L achieves a 6.14% return, which is significantly lower than METU.L's 19.26% return.

PIGI.L

• 1D: -0.07%
• 1M: 2.12%
• YTD: 6.14%
• 6M: 6.47%
• 1Y: 15.64%
• 3Y*: —
• 5Y*: —
• 10Y*: —

METU.L

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

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

PIGI.L vs. METU.L - Yearly Performance Comparison

	2026 (YTD)	2025
PIGI.L HANetf Digital Infrastructure and Connectivity UCITS ETF	6.14%	12.66%
METU.L Franklin AI, Metaverse and Blockchain UCITS ETF USD Acc	19.26%	38.06%

Correlation

The correlation between PIGI.L and METU.L is 0.43, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.43
Correlation (All Time) Calculated using the full available price history since Apr 29, 2025	0.44

Return for Risk

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

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

PIGI.L

PIGI.L Risk / Return Rank: 56
PIGI.L Sharpe Ratio Rank: 57
PIGI.L Sortino Ratio Rank: 55
PIGI.L Omega Ratio Rank: 63
PIGI.L Calmar Ratio Rank: 53
PIGI.L Martin Ratio Rank: 52

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

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.

PIGI.L vs. METU.L - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for HANetf Digital Infrastructure and Connectivity UCITS ETF (PIGI.L) and Franklin AI, Metaverse and Blockchain UCITS ETF USD Acc (METU.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.

	PIGI.L	METU.L	Difference
Sharpe ratio: Return per unit of total volatility	1.91	1.78	+0.12
Sortino ratio: Return per unit of downside risk	2.62	2.39	+0.23
Omega ratio: Gain probability vs. loss probability	1.38	1.31	+0.07
Calmar ratio: Return relative to maximum drawdown	2.59	1.42	+1.16
Martin ratio: Return relative to average drawdown	8.80	3.33	+5.46
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

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

The current PIGI.L Sharpe Ratio is 1.91, which is comparable to the METU.L Sharpe Ratio of 1.78. The chart below compares the historical Sharpe Ratios of PIGI.L and METU.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

	PIGI.L	METU.L	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	1.91	1.78	+0.12
Sharpe Ratio (All Time) Calculated using the full available price history	2.09	0.77	+1.32

Drawdowns

PIGI.L vs. METU.L - Drawdown Comparison

The maximum PIGI.L drawdown since its inception was -6.15%, smaller than the maximum METU.L drawdown of -32.01%. Use the drawdown chart below to compare losses from any high point for PIGI.L and METU.L.

Drawdown Indicators

	PIGI.L	METU.L	Difference
Max Drawdown Largest peak-to-trough decline	-6.15%	-32.01%	+25.86%
Max Drawdown (1Y) Largest decline over 1 year	-6.15%	-30.55%	+24.40%
Max Drawdown (3Y) Largest decline over 3 years	—	-32.01%	—
Current Drawdown Current decline from peak	-0.33%	-2.70%	+2.37%
Average Drawdown Average peak-to-trough decline	-1.17%	-9.60%	+8.43%
Ulcer Index Depth and duration of drawdowns from previous peaks	1.81%	13.08%	-11.27%

Volatility

PIGI.L vs. METU.L - Volatility Comparison

The current volatility for HANetf Digital Infrastructure and Connectivity UCITS ETF (PIGI.L) is 1.33%, while Franklin AI, Metaverse and Blockchain UCITS ETF USD Acc (METU.L) has a volatility of 7.66%. This indicates that PIGI.L experiences smaller price fluctuations and is considered to be less risky than METU.L based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	PIGI.L	METU.L	Difference
Volatility (1M) Calculated over the trailing 1-month period	1.33%	7.66%	-6.33%
Volatility (6M) Calculated over the trailing 6-month period	6.15%	17.74%	-11.59%
Volatility (1Y) Calculated over the trailing 1-year period	8.36%	24.44%	-16.08%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	8.46%	27.11%	-18.65%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	8.46%	27.11%	-18.65%

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

PIGI.L has a 0.69% expense ratio, which is higher than METU.L's 0.30% expense ratio.

Dividends

PIGI.L vs. METU.L - Dividend Comparison

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

Tickers have no history of dividend payments

Frequently Asked Questions

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

PIGI.L and METU.L have a correlation of 0.43, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

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

On fees, METU.L is cheaper at 0.30% per year. The better choice depends on whether you care most about return, fees, risk, or income.

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

METU.L is cheaper with a 0.30% expense ratio, compared with 0.69% for PIGI.L.

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

PIGI.L tracks MSCI World/Information Tech NR USD, while METU.L tracks Solactive Global Metaverse Innovation Index. They also come from different issuers: HANetf and Franklin Templeton. Their fees differ too: 0.69% for PIGI.L and 0.30% for METU.L.