500U.L vs. FEDF.L
500U.L (Amundi S&P 500 Swap UCITS ETF USD Acc) and FEDF.L (Amundi USD Fed Funds Rate UCITS ETF Acc) are both exchange-traded funds - 500U.L is a S&P 500 fund tracking the S&P 500 Index, while FEDF.L is a Money Market fund tracking the Solactive Fed Funds Effective Rate Total Return Index. Both are passively managed. Over the past 10 years, 500U.L returned 15.69%/yr vs 2.28%/yr for FEDF.L. At a 0.01 correlation, their price movements are largely independent. 500U.L charges 0.15%/yr vs 0.10%/yr for FEDF.L.
Performance
500U.L vs. FEDF.L - Performance Comparison
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Returns By Period
In the year-to-date period, 500U.L achieves a 10.41% return, which is significantly higher than FEDF.L's 1.53% return. Over the past 10 years, 500U.L has outperformed FEDF.L with an annualized return of 15.69%, while FEDF.L has yielded a comparatively lower 2.28% annualized return.
500U.L
- 1D
- -0.02%
- 1M
- 3.27%
- YTD
- 10.41%
- 6M
- 10.80%
- 1Y
- 27.61%
- 3Y*
- 22.30%
- 5Y*
- 13.83%
- 10Y*
- 15.69%
FEDF.L
- 1D
- 0.04%
- 1M
- 0.32%
- YTD
- 1.53%
- 6M
- 1.80%
- 1Y
- 3.93%
- 3Y*
- 4.70%
- 5Y*
- 3.53%
- 10Y*
- 2.28%
500U.L vs. FEDF.L - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
500U.L Amundi S&P 500 Swap UCITS ETF USD Acc | 10.41% | 17.98% | 24.83% | 26.85% | -19.06% | 30.19% | 18.05% | 32.02% | -5.58% | 21.10% |
FEDF.L Amundi USD Fed Funds Rate UCITS ETF Acc | 1.53% | 4.25% | 5.24% | 5.10% | 1.60% | -0.03% | 0.28% | 2.13% | 1.74% | 0.93% |
Correlation
The correlation between 500U.L and FEDF.L is -0.01, meaning there is essentially no relationship between their price movements. Each responds to its own set of market drivers, making them strong candidates for combining in a diversified portfolio.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | -0.01 |
Correlation (3Y) Calculated over the trailing 3-year period | -0.00 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.04 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.01 |
Correlation (All Time) Calculated using the full available price history since Jul 13, 2015 | 0.01 |
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Return for Risk
500U.L vs. FEDF.L — Risk / Return Rank
500U.L
FEDF.L
500U.L vs. FEDF.L - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Amundi S&P 500 Swap UCITS ETF USD Acc (500U.L) and Amundi USD Fed Funds Rate UCITS ETF Acc (FEDF.L). 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.
| 500U.L | FEDF.L | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -4.60 | ||
| Sortino ratioReturn per unit of downside risk | -10.19 | ||
| Omega ratioGain probability vs. loss probability | 1.44 | 3.17 | -1.73 |
| Calmar ratioReturn relative to maximum drawdown | 3.34 | 30.02 | -26.68 |
| Martin ratioReturn relative to average drawdown | 14.61 | 174.15 | -159.53 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| 500U.L | FEDF.L | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 2.41 | 7.01 | -4.60 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.88 | 8.31 | -7.43 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 1.12 | 6.59 | -5.47 |
Sharpe Ratio (All Time)Calculated using the full available price history | 1.23 | 6.29 | -5.07 |
Drawdowns
500U.L vs. FEDF.L - Drawdown Comparison
The maximum 500U.L drawdown since its inception was -34.04%, which is greater than FEDF.L's maximum drawdown of -0.28%. Use the drawdown chart below to compare losses from any high point for 500U.L and FEDF.L.
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Drawdown Indicators
| 500U.L | FEDF.L | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -34.04% | -0.28% | -33.76% |
Max Drawdown (1Y)Largest decline over 1 year | -8.34% | -0.13% | -8.21% |
Max Drawdown (3Y)Largest decline over 3 years | -18.29% | -0.13% | -18.16% |
Max Drawdown (5Y)Largest decline over 5 years | -24.22% | -0.13% | -24.09% |
Max Drawdown (10Y)Largest decline over 10 years | -34.04% | -0.28% | -33.76% |
Current DrawdownCurrent decline from peak | -0.51% | 0.00% | -0.51% |
Average DrawdownAverage peak-to-trough decline | -4.73% | -0.01% | -4.72% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.91% | 0.02% | +1.89% |
Volatility
500U.L vs. FEDF.L - Volatility Comparison
Amundi S&P 500 Swap UCITS ETF USD Acc (500U.L) has a higher volatility of 3.21% compared to Amundi USD Fed Funds Rate UCITS ETF Acc (FEDF.L) at 0.10%. This indicates that 500U.L's price experiences larger fluctuations and is considered to be riskier than FEDF.L based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| 500U.L | FEDF.L | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 3.21% | 0.10% | +3.11% |
Volatility (6M)Calculated over the trailing 6-month period | 8.54% | 0.36% | +8.18% |
Volatility (1Y)Calculated over the trailing 1-year period | 11.57% | 0.56% | +11.01% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 15.79% | 0.42% | +15.37% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 18.26% | 0.35% | +17.91% |
500U.L vs. FEDF.L - Expense Ratio Comparison
500U.L has a 0.15% expense ratio, which is higher than FEDF.L's 0.10% expense ratio. However, both funds are considered low-cost compared to the broader market, where average expense ratios usually range from 0.3% to 0.9%.
Dividends
500U.L vs. FEDF.L - Dividend Comparison
Neither 500U.L nor FEDF.L has paid dividends to shareholders.
Frequently Asked Questions
500U.L and FEDF.L have a correlation of -0.01, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, FEDF.L is cheaper at 0.10% per year. The better choice depends on whether you care most about return, fees, risk, or income.
FEDF.L is cheaper with a 0.10% expense ratio, compared with 0.15% for 500U.L.
500U.L is categorized as S&P 500, while FEDF.L is Money Market. 500U.L tracks S&P 500 Index, while FEDF.L tracks Solactive Fed Funds Effective Rate Total Return Index. Their fees differ too: 0.15% for 500U.L and 0.10% for FEDF.L.
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