6TVM.DE vs. IS31.DE
6TVM.DE (Amundi Core S&P 500 Swap UCITS ETF USD Dist) and IS31.DE (iShares Edge S&P 500 Minimum Volatility UCITS ETF EUR Hedged (Acc)) are both S&P 500 funds - 6TVM.DE tracks the S&P 500 Index while IS31.DE tracks the S&P 500 Minimum Volatility Index (EUR Hedged). Both are passively managed. Over the past 5 years, 6TVM.DE returned 13.92%/yr vs 5.66%/yr for IS31.DE. A 0.75 correlation means they provide meaningful diversification when combined. 6TVM.DE charges 0.05%/yr vs 0.25%/yr for IS31.DE.
Performance
6TVM.DE vs. IS31.DE - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, 6TVM.DE achieves a 13.20% return, which is significantly higher than IS31.DE's 2.57% return.
6TVM.DE
- 1D
- 0.24%
- 1M
- 1.46%
- 6M
- 12.16%
- YTD
- 13.20%
- 1Y
- 23.69%
- 3Y*
- 19.49%
- 5Y*
- 13.92%
- 10Y*
- —
IS31.DE
- 1D
- -0.55%
- 1M
- -0.28%
- 6M
- 3.07%
- YTD
- 2.57%
- 1Y
- 8.36%
- 3Y*
- 10.43%
- 5Y*
- 5.66%
- 10Y*
- —
6TVM.DE vs. IS31.DE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | |
|---|---|---|---|---|---|---|---|
6TVM.DE Amundi Core S&P 500 Swap UCITS ETF USD Dist | 13.20% | 4.87% | 32.69% | 22.58% | -14.12% | 41.00% | 4.69% |
IS31.DE iShares Edge S&P 500 Minimum Volatility UCITS ETF EUR Hedged (Acc) | 2.57% | 9.27% | 16.79% | 6.75% | -14.54% | 23.93% | 4.76% |
Correlation
The correlation between 6TVM.DE and IS31.DE is 0.64, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.64 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.66 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.74 |
Correlation (All Time) Calculated using the full available price history since Sep 4, 2020 | 0.75 |
The correlation between 6TVM.DE and IS31.DE shifts across timeframes, from 0.64 (1 year) to 0.75 (all time), reflecting how their relationship changes across market environments.
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Return for Risk
6TVM.DE vs. IS31.DE — Risk / Return Rank
6TVM.DE
IS31.DE
6TVM.DE vs. IS31.DE - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Amundi Core S&P 500 Swap UCITS ETF USD Dist (6TVM.DE) and iShares Edge S&P 500 Minimum Volatility UCITS ETF EUR Hedged (Acc) (IS31.DE). 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.
| 6TVM.DE | IS31.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +1.01 | ||
| Sortino ratioReturn per unit of downside risk | +1.28 | ||
| Omega ratioGain probability vs. loss probability | 1.36 | 1.17 | +0.19 |
| Calmar ratioReturn relative to maximum drawdown | 3.32 | 1.25 | +2.07 |
| Martin ratioReturn relative to average drawdown | 11.71 | 4.77 | +6.94 |
Loading charts...
Drawdowns
6TVM.DE vs. IS31.DE - Drawdown Comparison
The maximum 6TVM.DE drawdown since its inception was -23.37%, smaller than the maximum IS31.DE drawdown of -33.66%. Use the drawdown chart below to compare losses from any high point for 6TVM.DE and IS31.DE.
Loading charts...
Drawdown Indicators
| 6TVM.DE | IS31.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -23.37% | -33.66% | +10.29% |
Max Drawdown (1Y)Largest decline over 1 year | -7.10% | -6.64% | -0.46% |
Max Drawdown (3Y)Largest decline over 3 years | -23.37% | -12.56% | -10.81% |
Max Drawdown (5Y)Largest decline over 5 years | -23.37% | -20.75% | -2.62% |
Current DrawdownCurrent decline from peak | -0.16% | -1.01% | +0.85% |
Average DrawdownAverage peak-to-trough decline | -3.99% | -4.83% | +0.84% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.02% | 1.75% | +0.27% |
Volatility
6TVM.DE vs. IS31.DE - Volatility Comparison
Amundi Core S&P 500 Swap UCITS ETF USD Dist (6TVM.DE) has a higher volatility of 2.80% compared to iShares Edge S&P 500 Minimum Volatility UCITS ETF EUR Hedged (Acc) (IS31.DE) at 2.40%. This indicates that 6TVM.DE's price experiences larger fluctuations and is considered to be riskier than IS31.DE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| 6TVM.DE | IS31.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 2.80% | 2.40% | +0.40% |
Volatility (6M)Calculated over the trailing 6-month period | 7.95% | 6.55% | +1.40% |
Volatility (1Y)Calculated over the trailing 1-year period | 11.98% | 8.70% | +3.28% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 15.26% | 12.78% | +2.48% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 15.18% | 14.36% | +0.82% |
6TVM.DE vs. IS31.DE - Expense Ratio Comparison
6TVM.DE has a 0.05% expense ratio, which is lower than IS31.DE's 0.25% expense ratio. Despite the difference, both funds are considered low-cost compared to the broader market, where average expense ratios usually range from 0.3% to 0.9%.
Dividends
6TVM.DE vs. IS31.DE - Dividend Comparison
6TVM.DE's dividend yield for the trailing twelve months is around 0.88%, while IS31.DE has not paid dividends to shareholders.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 |
|---|---|---|---|---|---|---|---|
6TVM.DE Amundi Core S&P 500 Swap UCITS ETF USD Dist | 0.88% | 1.00% | 1.28% | 1.03% | 2.12% | 1.08% | 0.61% |
IS31.DE iShares Edge S&P 500 Minimum Volatility UCITS ETF EUR Hedged (Acc) | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Frequently Asked Questions
6TVM.DE and IS31.DE have a correlation of 0.64, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, 6TVM.DE is cheaper at 0.05% per year. The better choice depends on whether you care most about return, fees, risk, or income.
6TVM.DE is cheaper with a 0.05% expense ratio, compared with 0.25% for IS31.DE.
6TVM.DE tracks S&P 500 Index, while IS31.DE tracks S&P 500 Minimum Volatility Index (EUR Hedged). They also come from different issuers: Amundi and iShares. Their fees differ too: 0.05% for 6TVM.DE and 0.25% for IS31.DE.
Find the right allocation for 6TVM.DE and IS31.DE
Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Optimizer