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Amundi Core MSCI Europe UCITS ETF DR (CEU2.L) Sharpe Ratio: 1.18

ETF · Currency in USD · Last updated Jun 5, 2026

The fund aims to track the performance of the MSCI Europe Index, minimizing tracking error between its net asset value and the index performance, with a target tracking error not exceeding 1%.

CEU2.L's Sharpe Ratio of 1.18 indicates that for each unit of volatility, it generates 1.18 units of excess return above the risk-free rate. The ratio is calculated using historical daily returns over the past 12 months (as of Jun 5, 2026).

Sharpe uses total volatility (standard deviation) which includes both upside and downside price movements, making it useful for comparing risk-adjusted returns across different assets.

CEU2.L Sharpe Ratio Rank

CEU2.L Sharpe Ratio Rank: 33.433
Below Average

CEU2.L ranks above 33.4% of all investments in our database based on Sharpe Ratio over the past 12 months, indicating below-average returns relative to volatility. Securities are ranked from 0 (worst) to 100 (best).

What moves the rank

  • Strong returns with low total volatility → Higher rank
  • High volatility (both upside and downside) → Lower rank
  • Consistent returns → Higher rank than volatile returns of same magnitude
  • Sharp drawdowns increase volatility → Lower rank

What you can do with this information

  • Returns may not adequately compensate for volatility taken
  • Consider smaller allocation given below-average risk-adjusted profile
  • Explore higher-ranked investments with better consistency
  • Assess whether the volatility profile aligns with your portfolio goals

CEU2.L Sharpe Ratio Market Positioning

The chart shows CEU2.L's Sharpe Ratio relative to all ETFs on our platform, with color zones indicating percentile rankings. Higher ratios indicate better risk-adjusted returns.

  • Red zone (bottom 25%): 0.82 or lower
  • Yellow zone (middle 50%): 0.82 to 2.18
  • Green zone (top 25%): 2.18 or higher
  • Top 1%: 7.21+
  • Median: 1.55 — half of all investments score higher

How it compares to other similar ETFs

The table compares Amundi Core MSCI Europe UCITS ETF DR's Sharpe Ratio with other ETFs in the Europe Equities category across multiple time periods, showing how CEU2.L's risk-adjusted performance compares to similar funds.

Data shows 1-, 5-, and 10-year periods, plus each fund's all-time average, as of Jun 5, 2026.

SymbolName1Y Sharpe Ratio5Y Sharpe Ratio10Y Sharpe RatioAll Time Sharpe Ratio
EEI.LWisdomTree Europe Equity Income UCITS ETF2.65
EEIP.LWisdomTree Europe Equity Income UCITS ETF Acc2.63
IEFV.LiShares Edge MSCI Europe Value Factor UCITS ETF2.60
EVAL.LSPDR MSCI Europe Value UCITS ETF2.54
LDEG.LL&G Quality Equity Dividends ESG Exclusions Europe ex-UK UCITS ETF2.49
LCPE.LOssiam Shiller Barclays Cape Europe Sector Value TR UCITS2.44
IEDL.LiShares Edge MSCI Europe Value Factor UCITS ETF EUR (Dist)2.30
FLXD.LFranklin European Quality Dividend UCITS ETF2.28
FEUD.LFirst Trust Eurozone AlphaDEX® UCITS ETF Class B Shares2.28
CS1.LAmundi ETF MSCI Spain UCITS ETF EUR (C)2.27
CEU2.LAmundi Core MSCI Europe UCITS ETF DR1.18

S&P 500 Index

How to choose period

Historical Sharpe Ratio

The chart shows CEU2.L's rolling Sharpe ratio over time compared to your chosen benchmark. Rising trends indicate improving returns relative to total volatility, while declining trends may signal deteriorating risk-adjusted performance or increased volatility. Use multiple timeframes to distinguish short-term fluctuations from long-term patterns.

Identify market cycles by observing when CEU2.L consistently outperforms (line above benchmark), underperforms (below benchmark), or aligns with the benchmark.

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Sharpe Ratio Calculator

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