AE5B.DE vs. EUN0.DE
AE5B.DE (Amundi MSCI Europe Climate Action UCITS ETF Dist) and EUN0.DE (iShares Edge MSCI Europe Minimum Volatility UCITS ETF) are both Europe Equities funds - AE5B.DE tracks the MSCI Europe Climate Action while EUN0.DE tracks the MSCI Europe Minimum Volatility. Both are passively managed. Over the past year, AE5B.DE returned 12.32% vs 5.46% for EUN0.DE. A 0.80 correlation means they provide meaningful diversification when combined. AE5B.DE charges 0.09%/yr vs 0.25%/yr for EUN0.DE.
Performance
AE5B.DE vs. EUN0.DE - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, AE5B.DE achieves a 5.29% return, which is significantly lower than EUN0.DE's 5.60% return.
AE5B.DE
- 1D
- 0.62%
- 1M
- 2.96%
- YTD
- 5.29%
- 6M
- 7.80%
- 1Y
- 12.32%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
EUN0.DE
- 1D
- 0.54%
- 1M
- 0.57%
- YTD
- 5.60%
- 6M
- 6.91%
- 1Y
- 5.46%
- 3Y*
- 10.39%
- 5Y*
- 7.36%
- 10Y*
- 6.66%
AE5B.DE vs. EUN0.DE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | |
|---|---|---|---|---|
AE5B.DE Amundi MSCI Europe Climate Action UCITS ETF Dist | 5.29% | 16.59% | 7.50% | 3.40% |
EUN0.DE iShares Edge MSCI Europe Minimum Volatility UCITS ETF | 5.60% | 12.27% | 11.42% | 1.90% |
Correlation
The correlation between AE5B.DE and EUN0.DE is 0.78, 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 | 0.78 |
Correlation (All Time) Calculated using the full available price history since Jun 16, 2023 | 0.80 |
The correlation between AE5B.DE and EUN0.DE has been stable across timeframes, ranging from 0.78 to 0.80 - a consistent structural relationship.
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
AE5B.DE vs. EUN0.DE — Risk / Return Rank
AE5B.DE
EUN0.DE
AE5B.DE vs. EUN0.DE - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Amundi MSCI Europe Climate Action UCITS ETF Dist (AE5B.DE) and iShares Edge MSCI Europe Minimum Volatility UCITS ETF (EUN0.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.
| AE5B.DE | EUN0.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.30 | ||
| Sortino ratioReturn per unit of downside risk | +0.50 | ||
| Omega ratioGain probability vs. loss probability | 1.17 | 1.11 | +0.06 |
| Calmar ratioReturn relative to maximum drawdown | 1.17 | 0.76 | +0.41 |
| Martin ratioReturn relative to average drawdown | 3.95 | 1.97 | +1.98 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
Loading charts...
Sharpe Ratios by Period
| AE5B.DE | EUN0.DE | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 0.92 | 0.62 | +0.30 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | — | 0.66 | — |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | — | 0.53 | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.82 | 0.63 | +0.19 |
Drawdowns
AE5B.DE vs. EUN0.DE - Drawdown Comparison
The maximum AE5B.DE drawdown since its inception was -16.86%, smaller than the maximum EUN0.DE drawdown of -30.68%. Use the drawdown chart below to compare losses from any high point for AE5B.DE and EUN0.DE.
Loading charts...
Drawdown Indicators
| AE5B.DE | EUN0.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -16.86% | -30.68% | +13.82% |
Max Drawdown (1Y)Largest decline over 1 year | -10.52% | -7.16% | -3.36% |
Max Drawdown (3Y)Largest decline over 3 years | — | -10.73% | — |
Max Drawdown (5Y)Largest decline over 5 years | — | -19.64% | — |
Max Drawdown (10Y)Largest decline over 10 years | — | -30.68% | — |
Current DrawdownCurrent decline from peak | -1.65% | -3.12% | +1.47% |
Average DrawdownAverage peak-to-trough decline | -2.57% | -4.69% | +2.12% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 3.11% | 2.76% | +0.35% |
Volatility
AE5B.DE vs. EUN0.DE - Volatility Comparison
Amundi MSCI Europe Climate Action UCITS ETF Dist (AE5B.DE) has a higher volatility of 3.86% compared to iShares Edge MSCI Europe Minimum Volatility UCITS ETF (EUN0.DE) at 3.03%. This indicates that AE5B.DE's price experiences larger fluctuations and is considered to be riskier than EUN0.DE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| AE5B.DE | EUN0.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 3.86% | 3.03% | +0.83% |
Volatility (6M)Calculated over the trailing 6-month period | 10.85% | 7.20% | +3.65% |
Volatility (1Y)Calculated over the trailing 1-year period | 13.37% | 8.77% | +4.60% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 13.34% | 11.02% | +2.32% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 13.34% | 12.51% | +0.83% |
AE5B.DE vs. EUN0.DE - Expense Ratio Comparison
AE5B.DE has a 0.09% expense ratio, which is lower than EUN0.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
AE5B.DE vs. EUN0.DE - Dividend Comparison
AE5B.DE's dividend yield for the trailing twelve months is around 2.16%, while EUN0.DE has not paid dividends to shareholders.
| Position | TTM | 2025 | 2024 | 2023 |
|---|---|---|---|---|
AE5B.DE Amundi MSCI Europe Climate Action UCITS ETF Dist | 2.16% | 2.28% | 2.68% | 0.63% |
EUN0.DE iShares Edge MSCI Europe Minimum Volatility UCITS ETF | 0.00% | 0.00% | 0.00% | 0.00% |
Frequently Asked Questions
AE5B.DE and EUN0.DE have a correlation of 0.78, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, AE5B.DE is cheaper at 0.09% per year. The better choice depends on whether you care most about return, fees, risk, or income.
AE5B.DE is cheaper with a 0.09% expense ratio, compared with 0.25% for EUN0.DE.
AE5B.DE tracks MSCI Europe Climate Action, while EUN0.DE tracks MSCI Europe Minimum Volatility. They also come from different issuers: Amundi and iShares. Their fees differ too: 0.09% for AE5B.DE and 0.25% for EUN0.DE.
Find the right allocation for AE5B.DE and EUN0.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