- ISIN
- FR0010869495
- Issuer
- Amundi
- Inception Date
- Apr 9, 2010
- Category
- Inverse Equities
- Leveraged
- -2x
- Index Tracked
- ShortDAX Leverage (2x) Index
- Domicile
- France
- Distribution Policy
- Accumulating
- Asset Class
- Equity
Share Price Chart
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Performance
LYQL.DE Performance Chart
Amundi ShortDAX Daily (-2x) Inverse UCITS ETF (Acc) (LYQL.DE) is down 11.3% since the beginning of the year. LYQL.DE is currently trading at €0 per share. Investors who bought €1,000 worth of LYQL.DE shares 5 years ago would now be looking at an investment worth €318.
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Returns By Period
Amundi ShortDAX Daily (-2x) Inverse UCITS ETF (Acc) (LYQL.DE) has returned -11.31% so far this year and -14.67% over the past 12 months. Over the last ten years, LYQL.DE has returned -24.43% per year, falling short of the S&P 500 Index benchmark, which averaged 13.23% annually.
Amundi ShortDAX Daily (-2x) Inverse UCITS ETF (Acc)
- 1D
- -1.53%
- 1M
- -7.52%
- 6M
- -11.31%
- YTD
- -11.31%
- 1Y
- -14.67%
- 3Y*
- -25.51%
- 5Y*
- -20.46%
- 10Y*
- -24.43%
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%
LYQL.DE Monthly Returns History
Based on dividend-adjusted daily data since Jun 17, 2010, LYQL.DE's average daily return is -0.08%, while the average monthly return is -1.86%.
Historically, 38% of months were positive and 62% were negative. The best month was Aug 2011 with a return of +45.4%, while the worst month was Nov 2020 at -25.6%. The longest winning streak lasted 5 consecutive months, and the longest losing streak was 8 months.
On a daily basis, LYQL.DE closed higher 43% of trading days. The best single day was Mar 12, 2020 with a return of +24.4%, while the worst single day was Mar 24, 2020 at -21.6%.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | -0.08% | -5.39% | 22.98% | -13.46% | -7.02% | 1.09% | -6.23% | -11.31% | |||||
| 2025 | -15.74% | -7.10% | 2.39% | -5.18% | -12.23% | 0.77% | -1.03% | 1.50% | 0.68% | -0.93% | 1.03% | -5.02% | -35.38% |
| 2024 | -0.93% | -7.91% | -7.81% | 7.01% | -5.28% | 3.32% | -2.38% | -3.77% | -4.02% | 3.44% | -5.32% | -2.17% | -23.89% |
| 2023 | -14.67% | -3.13% | -4.03% | -3.36% | 3.48% | -5.04% | -3.54% | 6.42% | 8.62% | 8.73% | -16.06% | -6.09% | -28.00% |
| 2022 | 4.38% | 12.59% | -4.35% | 3.90% | -5.63% | 24.50% | -11.17% | 9.58% | 10.38% | -17.33% | -15.57% | 6.38% | 9.49% |
| 2021 | 3.50% | -5.80% | -15.90% | -2.44% | -4.37% | -1.96% | -0.67% | -4.03% | 6.29% | -5.26% | 6.25% | -10.46% | -31.50% |
Benchmark Metrics
Amundi ShortDAX Daily (-2x) Inverse UCITS ETF (Acc) has an annualized alpha of -2.37%, beta of -1.12, and R2 of 0.26 versus S&P 500 Index. Calculated based on daily prices since June 17, 2010.
- This ETF tended to rise when S&P 500 Index fell (downside capture of -222.13%), but participation in market rallies was also limited (-101.96%) - a profile typical of counter-cyclical assets.
- Beta of -1.12 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
- -2.37%
- Beta
- -1.12
- R²
- 0.26
- Upside Capture
- -101.96%
- Downside Capture
- -222.13%
Expense Ratio
LYQL.DE has an expense ratio of 0.60%, placing it in the medium range.
Return for Risk
Risk / Return Rank
LYQL.DE ranks 5 for risk / return — in the bottom 5% of ETFs on our site. This means you're taking on significantly more risk than the returns justify. Consider whether the potential upside is worth the volatility, or explore alternatives with better risk / return profiles.
Return / Risk — by metrics
The table below present risk-adjusted performance metrics for Amundi ShortDAX Daily (-2x) Inverse UCITS ETF (Acc) (LYQL.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.
| LYQL.DE | Benchmark | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -2.36 | ||
| Sortino ratioReturn per unit of downside risk | -2.94 | ||
| Omega ratioGain probability vs. loss probability | 0.95 | 1.35 | -0.41 |
| Calmar ratioReturn relative to maximum drawdown | -0.56 | 3.18 | -3.74 |
| Martin ratioReturn relative to average drawdown | -1.26 | 11.76 | -13.02 |
Dividends
Dividend History
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 ShortDAX Daily (-2x) Inverse UCITS ETF (Acc). 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 ShortDAX Daily (-2x) Inverse UCITS ETF (Acc) was 99.14%, occurring on Jul 3, 2026. The portfolio has not yet recovered.
The current Amundi ShortDAX Daily (-2x) Inverse UCITS ETF (Acc) drawdown is 99.14%.
Related event | Drawdown | Fall | Recovery | Underwater |
|---|---|---|---|---|
2026 bear market2026 | -99.14%Jul 2026 | 14y 9mo | — | 14y 9moSep 2011 - now |
2011 bear market2011 | -42.90%May 2011 | 9mo 29d | 3mo 19d | 1y 1moJul 2010 - Aug 2011 |
2011 correction2011 | -11.65%Aug 2011 | 8d | 5d | 13dAug 2011 - Sep 2011 |
2011 pullback2011 | -8.28%Sep 2011 | 1d | 4d | 5dSep 2011 - Sep 2011 |
2010 pullback2010 | -3.11%Jun 2010 | 4d | 9d | 13dJun 2010 - Jun 2010 |
Drawdown Indicators
| LYQL.DE | Benchmark | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -99.14% | -51.62% | -47.52% |
Max Drawdown (1Y)Largest decline over 1 year | -26.22% | -7.57% | -18.65% |
Max Drawdown (3Y)Largest decline over 3 years | -66.11% | -23.99% | -42.12% |
Max Drawdown (5Y)Largest decline over 5 years | -77.13% | -23.99% | -53.14% |
Max Drawdown (10Y)Largest decline over 10 years | -94.10% | -33.42% | -60.68% |
Current DrawdownCurrent decline from peak | -99.14% | -0.43% | -98.71% |
Average DrawdownAverage peak-to-trough decline | -83.00% | -9.08% | -73.92% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 11.60% | 2.04% | +9.56% |
Volatility
Volatility Chart
The chart below shows the rolling one-month volatility.
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