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Amundi Smart Overnight Return UCITS ETF (Dist) (EGV2.DE) Sharpe Ratio: 2.22

ETF · Currency in EUR · Last updated Jul 4, 2026

The fund tracks a compounded daily Euro short-term rate, providing exposure to eurozone money market returns.

EGV2.DE's Sharpe Ratio of 2.22 indicates that for each unit of volatility, it generates 2.22 units of excess return above the risk-free rate. The ratio is calculated using historical daily returns over the past 12 months (as of Jul 4, 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. For how to read this number and when it can mislead, see Sharpe Ratio Explained.

EGV2.DE Sharpe Ratio Rank

EGV2.DE Sharpe Ratio Rank: 84.785
Exceptional

EGV2.DE ranks above 84.7% of all investments in our database based on Sharpe Ratio over the past 12 months, demonstrating exceptional risk-adjusted returns. 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

  • Suitable as a core holding given strong risk-adjusted returns
  • Monitor rank changes to detect deteriorating return-to-volatility profile
  • Exceptional Sharpe ratio supports larger position sizes
  • Compare with category peers to assess whether strength is investment-specific or category-wide

EGV2.DE Sharpe Ratio Market Positioning

The chart shows EGV2.DE'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%): 0.80 or lower
  • Yellow zone (middle 50%): 0.80 to 1.95
  • Green zone (top 25%): 1.95 or higher
  • Top 1%: 6.56+
  • Median: 1.44 — half of all investments score higher

How it compares to other similar ETFs

The table compares Amundi Smart Overnight Return UCITS ETF (Dist)'s Sharpe Ratio with other ETFs in the Money Market category across multiple time periods, showing how EGV2.DE'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 Jul 4, 2026.

SymbolName1Y Sharpe Ratio5Y Sharpe Ratio10Y Sharpe RatioAll Time Sharpe Ratio
YCSH.DEiShares € Cash UCITS ETF EUR Acc17.87
DBXT.DEXtrackers II EUR Overnight Rate Swap UCITS ETF (Acc)10.37
XEOD.DEXtrackers II EUR Overnight Rate Swap UCITS ETF 1D6.23
L8I3.DEAmundi EUR Overnight Return UCITS ETF (Acc)6.17
E0UA.DEiShares Euro Government Bond 0-3 Month UCITS ETF EUR (Acc)3.27
EGV2.DEAmundi Smart Overnight Return UCITS ETF (Dist)2.22
C101.DEAmundi USD Fed Funds Rate UCITS ETF (Dist)1.12
DXS1.DEXtrackers II GBP Overnight Rate Swap UCITS ETF (Dist)1.10
PJEU.DEInvesco Euro Cash 3 Months UCITS ETF Acc1.06

S&P 500 Index

How to choose period

Historical Sharpe Ratio

The chart shows EGV2.DE'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 EGV2.DE consistently outperforms (line above benchmark), underperforms (below benchmark), or aligns with the benchmark.

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Sharpe Ratio Calculator

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