10AI.DE vs. ^GSPC

Last updated Jun 26, 2026

10AI.DE (Amundi Index MSCI Europe UCITS ETF DR EUR (D)) is Europe Equities fund tracking the MSCI Europe, while ^GSPC (S&P 500 Index) is an index. Over the past 5 years, 10AI.DE returned 10.19%/yr vs 12.53%/yr for ^GSPC. At a 0.44 correlation, their price movements are largely independent.

Performance

10AI.DE vs. ^GSPC - Performance Comparison

The chart below illustrates the hypothetical performance of a €10,000 investment in Amundi Index MSCI Europe UCITS ETF DR EUR (D) (10AI.DE) and S&P 500 Index (^GSPC). The values are adjusted to include any dividend payments, if applicable.

Different Trading Currencies

10AI.DE is traded in EUR, while ^GSPC is traded in USD. To make them comparable, the ^GSPC values have been converted to EUR using the latest available exchange rates.

Returns By Period

The year-to-date returns for both investments are quite close, with 10AI.DE having a 10.57% return and ^GSPC slightly higher at 11.08%.

10AI.DE

• 1D: 0.85%
• 1M: 2.45%
• YTD: 10.57%
• 6M: 11.40%
• 1Y: 22.51%
• 3Y*: 15.25%
• 5Y*: 10.19%
• 10Y*: —

^GSPC

• 1D: -0.08%
• 1M: 0.13%
• YTD: 11.08%
• 6M: 9.99%
• 1Y: 23.85%
• 3Y*: 17.70%
• 5Y*: 12.53%
• 10Y*: 13.56%

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

10AI.DE vs. ^GSPC - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018
10AI.DE Amundi Index MSCI Europe UCITS ETF DR EUR (D)	10.57%	20.22%	8.28%	15.64%	-9.34%	25.18%	-3.12%	27.74%	-12.64%
^GSPC S&P 500 Index	11.08%	2.58%	31.45%	20.51%	-14.45%	36.38%	6.68%	31.79%	-3.44%

Correlation

The correlation between 10AI.DE and ^GSPC is 0.45, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.45
Correlation (3Y) Calculated over the trailing 3-year period	0.36
Correlation (5Y) Calculated over the trailing 5-year period	0.40
Correlation (All Time) Calculated using the full available price history since Jan 17, 2018	0.44

Return for Risk

10AI.DE vs. ^GSPC — Risk / Return Rank

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

10AI.DE

10AI.DE Risk / Return Rank: 60
10AI.DE Sharpe Ratio Rank: 60
10AI.DE Sortino Ratio Rank: 62
10AI.DE Omega Ratio Rank: 63
10AI.DE Calmar Ratio Rank: 55
10AI.DE Martin Ratio Rank: 58

^GSPC

^GSPC Risk / Return Rank: 70
^GSPC Sharpe Ratio Rank: 68
^GSPC Sortino Ratio Rank: 71
^GSPC Omega Ratio Rank: 71
^GSPC Calmar Ratio Rank: 62
^GSPC Martin Ratio Rank: 78

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.

10AI.DE vs. ^GSPC - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Amundi Index MSCI Europe UCITS ETF DR EUR (D) (10AI.DE) and S&P 500 Index (^GSPC). 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.

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.

	10AI.DE	^GSPC	Difference
Sharpe ratio: Return per unit of total volatility	1.74	1.90	-0.16
Sortino ratio: Return per unit of downside risk	2.52	2.48	+0.04
Omega ratio: Gain probability vs. loss probability	1.33	1.35	-0.02
Calmar ratio: Return relative to maximum drawdown	2.37	3.17	-0.79
Martin ratio: Return relative to average drawdown	9.06	11.71	-2.65

10AI.DE vs. ^GSPC - Sharpe Ratio Comparison

The current 10AI.DE Sharpe Ratio is 1.74, which is comparable to the ^GSPC Sharpe Ratio of 1.90. The chart below compares the historical Sharpe Ratios of 10AI.DE and ^GSPC, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Drawdowns

10AI.DE vs. ^GSPC - Drawdown Comparison

The maximum 10AI.DE drawdown since its inception was -35.69%, smaller than the maximum ^GSPC drawdown of -51.62%. Use the drawdown chart below to compare losses from any high point for 10AI.DE and ^GSPC.

Drawdown Indicators

	10AI.DE	^GSPC	Difference
Max Drawdown Largest peak-to-trough decline	-35.69%	-51.62%	+15.93%
Max Drawdown (1Y) Largest decline over 1 year	-9.45%	-7.57%	-1.88%
Max Drawdown (3Y) Largest decline over 3 years	-16.63%	-23.99%	+7.36%
Max Drawdown (5Y) Largest decline over 5 years	-19.53%	-23.99%	+4.46%
Max Drawdown (10Y) Largest decline over 10 years	—	-33.42%	—
Current Drawdown Current decline from peak	0.00%	-1.08%	+1.08%
Average Drawdown Average peak-to-trough decline	-4.91%	-9.08%	+4.17%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.48%	2.04%	+0.44%

Volatility

10AI.DE vs. ^GSPC - Volatility Comparison

The current volatility for Amundi Index MSCI Europe UCITS ETF DR EUR (D) (10AI.DE) is 2.86%, while S&P 500 Index (^GSPC) has a volatility of 3.97%. This indicates that 10AI.DE experiences smaller price fluctuations and is considered to be less risky than ^GSPC based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	10AI.DE	^GSPC	Difference
Volatility (1M) Calculated over the trailing 1-month period	2.86%	3.97%	-1.11%
Volatility (6M) Calculated over the trailing 6-month period	10.77%	9.16%	+1.61%
Volatility (1Y) Calculated over the trailing 1-year period	12.90%	12.60%	+0.30%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	14.19%	16.86%	-2.67%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	15.96%	18.61%	-2.65%

Frequently Asked Questions

Can I hold both 10AI.DE and ^GSPC in my portfolio?

10AI.DE and ^GSPC have a correlation of 0.45, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.