AE50.DE vs. CNKY.L
AE50.DE (Amundi ETF STOXX Europe 50 UCITS ETF EUR) and CNKY.L (iShares Nikkei 225 UCITS ETF (Acc)) are both exchange-traded funds - AE50.DE is a Europe Equities fund tracking the STOXX® Europe 50, while CNKY.L is a Japan Equities fund tracking the TOPIX TR JPY. Both are passively managed. Over the past 10 years, AE50.DE returned 9.32%/yr vs 11.63%/yr for CNKY.L. A 0.60 correlation means they provide meaningful diversification when combined. AE50.DE charges 0.15%/yr vs 0.48%/yr for CNKY.L.
Performance
AE50.DE vs. CNKY.L - Performance Comparison
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Different Trading Currencies
AE50.DE is traded in EUR, while CNKY.L is traded in GBp. To make them comparable, the CNKY.L values have been converted to EUR using the latest available exchange rates.
Returns By Period
In the year-to-date period, AE50.DE achieves a 7.47% return, which is significantly lower than CNKY.L's 32.97% return. Over the past 10 years, AE50.DE has underperformed CNKY.L with an annualized return of 9.32%, while CNKY.L has yielded a comparatively higher 11.63% annualized return.
AE50.DE
- 1D
- 0.82%
- 1M
- 0.87%
- YTD
- 7.47%
- 6M
- 9.90%
- 1Y
- 16.79%
- 3Y*
- 12.27%
- 5Y*
- 11.33%
- 10Y*
- 9.32%
CNKY.L
- 1D
- -1.31%
- 1M
- 10.57%
- YTD
- 32.97%
- 6M
- 30.35%
- 1Y
- 59.45%
- 3Y*
- 20.28%
- 5Y*
- 12.01%
- 10Y*
- 11.63%
AE50.DE vs. CNKY.L - 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% |
CNKY.L iShares Nikkei 225 UCITS ETF (Acc) | 32.99% | 14.35% | 14.42% | 17.46% | -15.14% | 2.06% | 14.60% | 23.78% | -5.17% | 9.69% |
Correlation
The correlation between AE50.DE and CNKY.L is 0.50, 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 | 0.50 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.50 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.51 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.58 |
Correlation (All Time) Calculated using the full available price history since Jun 18, 2014 | 0.60 |
The correlation between AE50.DE and CNKY.L shifts across timeframes, from 0.50 (3 years) to 0.60 (all time), reflecting how their relationship changes across market environments.
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Return for Risk
AE50.DE vs. CNKY.L — Risk / Return Rank
AE50.DE
CNKY.L
AE50.DE vs. CNKY.L - 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 iShares Nikkei 225 UCITS ETF (Acc) (CNKY.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.
| AE50.DE | CNKY.L | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -1.28 | ||
| Sortino ratioReturn per unit of downside risk | -1.75 | ||
| Omega ratioGain probability vs. loss probability | 1.23 | 1.42 | -0.18 |
| Calmar ratioReturn relative to maximum drawdown | 1.74 | 4.53 | -2.79 |
| Martin ratioReturn relative to average drawdown | 6.15 | 13.68 | -7.53 |
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
| AE50.DE | CNKY.L | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.26 | 2.54 | -1.28 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.80 | 0.64 | +0.16 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.61 | 0.65 | -0.04 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.48 | 0.62 | -0.14 |
Drawdowns
AE50.DE vs. CNKY.L - Drawdown Comparison
The maximum AE50.DE drawdown since its inception was -32.20%, roughly equal to the maximum CNKY.L drawdown of -30.79%. Use the drawdown chart below to compare losses from any high point for AE50.DE and CNKY.L.
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Drawdown Indicators
| AE50.DE | CNKY.L | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -32.20% | -30.79% | -1.41% |
Max Drawdown (1Y)Largest decline over 1 year | -9.54% | -13.05% | +3.51% |
Max Drawdown (3Y)Largest decline over 3 years | -17.29% | -20.46% | +3.17% |
Max Drawdown (5Y)Largest decline over 5 years | -17.29% | -21.27% | +3.98% |
Max Drawdown (10Y)Largest decline over 10 years | -32.20% | -30.79% | -1.41% |
Current DrawdownCurrent decline from peak | -1.65% | -1.31% | -0.34% |
Average DrawdownAverage peak-to-trough decline | -5.70% | -7.15% | +1.45% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.71% | 4.33% | -1.62% |
Volatility
AE50.DE vs. CNKY.L - Volatility Comparison
The current volatility for Amundi ETF STOXX Europe 50 UCITS ETF EUR (AE50.DE) is 4.34%, while iShares Nikkei 225 UCITS ETF (Acc) (CNKY.L) has a volatility of 6.89%. This indicates that AE50.DE experiences smaller price fluctuations and is considered to be less risky than CNKY.L 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 | CNKY.L | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 4.34% | 6.89% | -2.55% |
Volatility (6M)Calculated over the trailing 6-month period | 10.78% | 18.41% | -7.63% |
Volatility (1Y)Calculated over the trailing 1-year period | 13.25% | 23.31% | -10.06% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 13.93% | 18.65% | -4.72% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 15.11% | 17.84% | -2.73% |
AE50.DE vs. CNKY.L - Expense Ratio Comparison
AE50.DE has a 0.15% expense ratio, which is lower than CNKY.L's 0.48% expense ratio.
Dividends
AE50.DE vs. CNKY.L - Dividend Comparison
Neither AE50.DE nor CNKY.L has paid dividends to shareholders.
Frequently Asked Questions
AE50.DE and CNKY.L have a correlation of 0.50, 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 0.48% for CNKY.L.
AE50.DE is categorized as Europe Equities, while CNKY.L is Japan Equities. AE50.DE tracks STOXX® Europe 50, while CNKY.L tracks TOPIX TR JPY. They also come from different issuers: Amundi and iShares. Their fees differ too: 0.15% for AE50.DE and 0.48% for CNKY.L.
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