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Performance
LYP2.DE Performance Chart
Amundi Core S&P 500 Swap UCITS ETF EUR Hedged (Dist) (LYP2.DE) is up 7.8% since the beginning of the year. LYP2.DE is currently trading at €362 per share. Investors who bought €1,000 worth of LYP2.DE shares 5 years ago would now be looking at an investment worth €1,646.
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Returns By Period
Amundi Core S&P 500 Swap UCITS ETF EUR Hedged (Dist) (LYP2.DE) has returned 7.84% so far this year and 17.76% over the past 12 months. Over the last ten years, LYP2.DE has had an annualized return of 12.62%, just under the S&P 500 Index benchmark’s 13.23%.
Amundi Core S&P 500 Swap UCITS ETF EUR Hedged (Dist)
- 1D
- 0.18%
- 1M
- -0.97%
- 6M
- 8.72%
- YTD
- 7.84%
- 1Y
- 17.76%
- 3Y*
- 17.85%
- 5Y*
- 10.48%
- 10Y*
- 12.62%
Benchmark (S&P 500 Index)
- 1D
- -0.43%
- 1M
- 0.48%
- 6M
- 11.83%
- YTD
- 12.30%
- 1Y
- 22.52%
- 3Y*
- 17.03%
- 5Y*
- 12.27%
- 10Y*
- 13.23%
LYP2.DE Monthly Returns History
Based on dividend-adjusted daily data since Aug 19, 2013, LYP2.DE's average daily return is +0.05%, while the average monthly return is +1.00%. At this rate, an investment would double in approximately 5.8 years.
Historically, 67% of months were positive and 33% were negative. The best month was Apr 2026 with a return of +11.3%, while the worst month was Feb 2020 at -10.1%. The longest winning streak lasted 9 consecutive months, and the longest losing streak was 3 months.
On a daily basis, LYP2.DE closed higher 55% of trading days. The best single day was Mar 24, 2020 with a return of +8.8%, while the worst single day was Mar 12, 2020 at -8.9%.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | 0.37% | -0.97% | -6.70% | 11.26% | 5.73% | -1.48% | 0.34% | 7.84% | |||||
| 2025 | 3.16% | -3.62% | -5.57% | -0.89% | 6.89% | 4.87% | 3.03% | 0.83% | 2.86% | 2.81% | -0.06% | 0.81% | 15.46% |
| 2024 | 2.04% | 4.01% | 3.36% | -3.28% | 2.41% | 5.59% | 0.40% | 1.18% | 2.37% | -0.16% | 5.33% | -1.99% | 22.97% |
| 2023 | 5.58% | -1.72% | 2.32% | 1.63% | 0.32% | 6.43% | 3.02% | -1.33% | -4.81% | -3.55% | 9.09% | 5.26% | 23.48% |
| 2022 | -7.02% | -1.58% | 4.75% | -8.08% | -2.72% | -8.52% | 8.45% | -2.87% | -8.18% | 5.38% | 1.86% | -3.45% | -21.40% |
| 2021 | -0.24% | 3.06% | 3.77% | 4.99% | 0.39% | 2.42% | 2.38% | 3.14% | -4.02% | 5.66% | -0.13% | 4.54% | 28.77% |
Benchmark Metrics
Amundi Core S&P 500 Swap UCITS ETF EUR Hedged (Dist) has an annualized alpha of 5.52%, beta of 0.44, and R2 of 0.26 versus S&P 500 Index. Calculated based on daily prices since August 19, 2013.
- This ETF participated in 88.82% of S&P 500 Index downside but only 82.09% of its upside - more exposed to losses than it benefited from rallies.
- Beta of 0.44 may look defensive, but with R2 of 0.26 this ETF is largely uncorrelated with S&P 500 Index - low beta reflects independence, not downside protection. See the Volatility section for a true picture of this ETF's risk.
- R2 of 0.26 means this ETF moves largely independently of S&P 500 Index - capture ratios reflect limited market correlation rather than active downside protection. Consider using a more representative benchmark.
- Alpha
- 5.52%
- Beta
- 0.44
- R²
- 0.26
- Upside Capture
- 82.09%
- Downside Capture
- 88.82%
Expense Ratio
LYP2.DE has an expense ratio of 0.07%, which is considered low.
Return for Risk
Risk / Return Rank
LYP2.DE ranks 52 for risk / return — on par with similar ETFs. You're getting a typical balance of risk and reward. Not a standout, but not a red flag either — a reasonable choice if other factors align with your goals.
Return / Risk — by metrics
The table below present risk-adjusted performance metrics for Amundi Core S&P 500 Swap UCITS ETF EUR Hedged (Dist) (LYP2.DE) and compare them to S&P 500 Index.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| LYP2.DE | Benchmark | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.45 | ||
| Sortino ratioReturn per unit of downside risk | -0.27 | ||
| Omega ratioGain probability vs. loss probability | 1.26 | 1.35 | -0.09 |
| Calmar ratioReturn relative to maximum drawdown | 2.04 | 3.18 | -1.14 |
| Martin ratioReturn relative to average drawdown | 8.21 | 11.76 | -3.55 |
Dividends
Dividend History
Amundi Core S&P 500 Swap UCITS ETF EUR Hedged (Dist) provided a 0.92% dividend yield over the last twelve months, with an annual payout of €3.31 per share.
| Period | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 |
|---|---|---|---|---|---|---|---|---|---|---|
| Dividend | €3.31 | €3.31 | €3.74 | €2.50 | €4.06 | €2.85 | €2.89 | €2.93 | €2.79 | €2.64 |
Dividend yield | 0.92% | 0.99% | 1.27% | 1.04% | 2.05% | 1.11% | 1.43% | 1.67% | 1.99% | 1.69% |
Monthly Dividends
The table displays the monthly dividend distributions for Amundi Core S&P 500 Swap UCITS ETF EUR Hedged (Dist). The dividends shown in the table have been adjusted to account for any splits that may have occurred.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | €0.00 | €0.00 | €0.00 | €0.00 | €0.00 | €0.00 | €0.00 | €0.00 | |||||
| 2025 | €0.00 | €0.00 | €0.00 | €0.00 | €0.00 | €0.00 | €0.00 | €0.00 | €0.00 | €0.00 | €0.00 | €3.31 | €3.31 |
| 2024 | €0.00 | €0.00 | €0.00 | €0.00 | €0.00 | €0.00 | €0.00 | €0.00 | €0.00 | €0.00 | €0.00 | €3.74 | €3.74 |
| 2023 | €0.00 | €0.00 | €0.00 | €0.00 | €0.00 | €0.00 | €0.00 | €0.00 | €0.00 | €0.00 | €0.00 | €2.50 | €2.50 |
| 2022 | €0.00 | €0.00 | €0.00 | €0.00 | €0.00 | €0.00 | €1.81 | €0.00 | €0.00 | €0.00 | €0.00 | €2.25 | €4.06 |
| 2021 | €0.00 | €0.00 | €0.00 | €0.00 | €0.00 | €0.00 | €1.54 | €0.00 | €0.00 | €0.00 | €0.00 | €1.31 | €2.85 |
Drawdowns
Drawdowns Chart
The Drawdowns chart displays portfolio losses from any high point along the way. Drawdowns are calculated considering price movements and all distributions paid, if any.
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Worst Drawdowns
The table below displays the maximum drawdowns of the Amundi Core S&P 500 Swap UCITS ETF EUR Hedged (Dist). A maximum drawdown is a measure of risk, indicating the largest reduction in portfolio value due to a series of losing trades.
The maximum drawdown for the Amundi Core S&P 500 Swap UCITS ETF EUR Hedged (Dist) was 33.94%, occurring on Mar 23, 2020. Recovery took 97 trading sessions.
The current Amundi Core S&P 500 Swap UCITS ETF EUR Hedged (Dist) drawdown is 1.53%.
Related event | Drawdown | Fall | Recovery | Underwater |
|---|---|---|---|---|
COVID crash2020 | -33.94%Mar 2020 | 1mo 2d | 4mo 21d | 5mo 23dFeb 2020 - Aug 2020 |
Bear market2022 | -25.88%Oct 2022 | 9mo 12d | 1y 3mo | 2y 1moJan 2022 - Feb 2024 |
2025 selloff2025 | -18.39%Apr 2025 | 1mo 18d | 2mo 19d | 4mo 7dFeb 2025 - Jun 2025 |
Rate-hike selloffLate 2018 | -17.59%Dec 2018 | 3mo 4d | 6mo 8d | 9mo 12dSep 2018 - Jul 2019 |
2016 correction2016 | -15.59%Feb 2016 | 7mo 23d | 5mo 10d | 1y 28dJun 2015 - Jul 2016 |
Drawdown Indicators
| LYP2.DE | Benchmark | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -33.94% | -51.62% | +17.68% |
Max Drawdown (1Y)Largest decline over 1 year | -8.67% | -7.57% | -1.10% |
Max Drawdown (3Y)Largest decline over 3 years | -18.39% | -23.99% | +5.60% |
Max Drawdown (5Y)Largest decline over 5 years | -25.88% | -23.99% | -1.89% |
Max Drawdown (10Y)Largest decline over 10 years | -33.94% | -33.42% | -0.52% |
Current DrawdownCurrent decline from peak | -1.53% | -0.43% | -1.10% |
Average DrawdownAverage peak-to-trough decline | -4.51% | -9.08% | +4.57% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.16% | 2.04% | +0.12% |
Volatility
Volatility Chart
The chart below shows the rolling one-month volatility.
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Build a portfolio with LYP2.DE
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