AE50.DE vs. 18M2.DE
AE50.DE (Amundi ETF STOXX Europe 50 UCITS ETF EUR) and 18M2.DE (Amundi ETF MSCI EMU High Dividend UCITS ETF EUR) are both Europe Equities funds from Amundi - AE50.DE tracks the STOXX® Europe 50 while 18M2.DE tracks the MSCI EMU High Dividend Yield. Both are passively managed. Over the past 10 years, AE50.DE returned 9.32%/yr vs 8.26%/yr for 18M2.DE. Their correlation of 0.83 suggests significant overlap in exposure. AE50.DE charges 0.15%/yr vs 0.30%/yr for 18M2.DE.
Performance
AE50.DE vs. 18M2.DE - Performance Comparison
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Returns By Period
In the year-to-date period, AE50.DE achieves a 7.47% return, which is significantly higher than 18M2.DE's 6.76% return. Over the past 10 years, AE50.DE has outperformed 18M2.DE with an annualized return of 9.32%, while 18M2.DE has yielded a comparatively lower 8.26% annualized return.
AE50.DE
- 1D
- 0.82%
- 1M
- 3.36%
- YTD
- 7.47%
- 6M
- 9.70%
- 1Y
- 16.71%
- 3Y*
- 12.27%
- 5Y*
- 11.33%
- 10Y*
- 9.32%
18M2.DE
- 1D
- 0.32%
- 1M
- 1.10%
- YTD
- 6.76%
- 6M
- 8.84%
- 1Y
- 15.86%
- 3Y*
- 12.13%
- 5Y*
- 8.90%
- 10Y*
- 8.26%
AE50.DE vs. 18M2.DE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
AE50.DE Amundi ETF STOXX Europe 50 UCITS ETF EUR | 7.47% | 18.08% | 7.63% | 14.90% | -1.62% | 26.03% | -6.38% | 28.61% | -10.46% | 9.34% |
18M2.DE Amundi ETF MSCI EMU High Dividend UCITS ETF EUR | 6.76% | 21.49% | 3.36% | 16.14% | -6.47% | 16.02% | -6.39% | 24.91% | -4.44% | 7.99% |
Correlation
The correlation between AE50.DE and 18M2.DE is 0.74, 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 | 0.74 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.74 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.79 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.83 |
Correlation (All Time) Calculated using the full available price history since Jun 18, 2014 | 0.83 |
The correlation between AE50.DE and 18M2.DE has been stable across timeframes, ranging from 0.74 to 0.83 - a consistent structural relationship.
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Return for Risk
AE50.DE vs. 18M2.DE — Risk / Return Rank
AE50.DE
18M2.DE
AE50.DE vs. 18M2.DE - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Amundi ETF STOXX Europe 50 UCITS ETF EUR (AE50.DE) and Amundi ETF MSCI EMU High Dividend UCITS ETF EUR (18M2.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.
| AE50.DE | 18M2.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.23 | ||
| Sortino ratioReturn per unit of downside risk | -0.18 | ||
| Omega ratioGain probability vs. loss probability | 1.23 | 1.28 | -0.04 |
| Calmar ratioReturn relative to maximum drawdown | 1.74 | 2.55 | -0.81 |
| Martin ratioReturn relative to average drawdown | 6.15 | 6.71 | -0.56 |
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
| AE50.DE | 18M2.DE | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.26 | 1.49 | -0.23 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.80 | 0.66 | +0.15 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.61 | 0.53 | +0.08 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.48 | 0.44 | +0.04 |
Drawdowns
AE50.DE vs. 18M2.DE - Drawdown Comparison
The maximum AE50.DE drawdown since its inception was -32.20%, smaller than the maximum 18M2.DE drawdown of -37.06%. Use the drawdown chart below to compare losses from any high point for AE50.DE and 18M2.DE.
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Drawdown Indicators
| AE50.DE | 18M2.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -32.20% | -37.06% | +4.86% |
Max Drawdown (1Y)Largest decline over 1 year | -9.54% | -6.19% | -3.35% |
Max Drawdown (3Y)Largest decline over 3 years | -17.29% | -14.68% | -2.61% |
Max Drawdown (5Y)Largest decline over 5 years | -17.29% | -20.81% | +3.52% |
Max Drawdown (10Y)Largest decline over 10 years | -32.20% | -37.06% | +4.86% |
Current DrawdownCurrent decline from peak | -1.65% | -1.44% | -0.21% |
Average DrawdownAverage peak-to-trough decline | -5.70% | -6.42% | +0.72% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.71% | 2.36% | +0.35% |
Volatility
AE50.DE vs. 18M2.DE - Volatility Comparison
Amundi ETF STOXX Europe 50 UCITS ETF EUR (AE50.DE) has a higher volatility of 4.34% compared to Amundi ETF MSCI EMU High Dividend UCITS ETF EUR (18M2.DE) at 2.63%. This indicates that AE50.DE's price experiences larger fluctuations and is considered to be riskier than 18M2.DE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| AE50.DE | 18M2.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 4.34% | 2.63% | +1.71% |
Volatility (6M)Calculated over the trailing 6-month period | 10.78% | 8.33% | +2.45% |
Volatility (1Y)Calculated over the trailing 1-year period | 13.25% | 10.62% | +2.63% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 13.93% | 13.41% | +0.52% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 15.11% | 15.44% | -0.33% |
AE50.DE vs. 18M2.DE - Expense Ratio Comparison
AE50.DE has a 0.15% expense ratio, which is lower than 18M2.DE's 0.30% expense ratio.
Dividends
AE50.DE vs. 18M2.DE - Dividend Comparison
Neither AE50.DE nor 18M2.DE has paid dividends to shareholders.
Frequently Asked Questions
AE50.DE and 18M2.DE have a correlation of 0.74, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, AE50.DE is cheaper at 0.15% per year. The better choice depends on whether you care most about return, fees, risk, or income.
AE50.DE is cheaper with a 0.15% expense ratio, compared with 0.30% for 18M2.DE.
AE50.DE tracks STOXX® Europe 50, while 18M2.DE tracks MSCI EMU High Dividend Yield. Their fees differ too: 0.15% for AE50.DE and 0.30% for 18M2.DE.
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