AME6.DE vs. H4ZA.DE
AME6.DE (Amundi STOXX Europe 600 ESG UCITS ETF EUR) and H4ZA.DE (HSBC EURO STOXX 50 UCITS ETF EUR) are both Europe Equities funds - AME6.DE tracks the STOXX® Europe 600 ESG+ while H4ZA.DE tracks the EURO STOXX® 50. Both are passively managed. Over the past 10 years, AME6.DE returned 8.80%/yr vs 10.80%/yr for H4ZA.DE. Their correlation of 0.92 suggests significant overlap in exposure. AME6.DE charges 0.18%/yr vs 0.05%/yr for H4ZA.DE.
Performance
AME6.DE vs. H4ZA.DE - Performance Comparison
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Returns By Period
In the year-to-date period, AME6.DE achieves a 6.14% return, which is significantly lower than H4ZA.DE's 7.24% return. Over the past 10 years, AME6.DE has underperformed H4ZA.DE with an annualized return of 8.80%, while H4ZA.DE has yielded a comparatively higher 10.80% annualized return.
AME6.DE
- 1D
- 0.63%
- 1M
- 0.99%
- YTD
- 6.14%
- 6M
- 8.85%
- 1Y
- 14.58%
- 3Y*
- 12.81%
- 5Y*
- 9.07%
- 10Y*
- 8.80%
H4ZA.DE
- 1D
- 0.77%
- 1M
- 1.94%
- YTD
- 7.24%
- 6M
- 8.59%
- 1Y
- 15.63%
- 3Y*
- 16.60%
- 5Y*
- 12.12%
- 10Y*
- 10.80%
AME6.DE vs. H4ZA.DE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
AME6.DE Amundi STOXX Europe 600 ESG UCITS ETF EUR | 6.14% | 19.36% | 8.44% | 15.75% | -10.90% | 24.53% | -2.05% | 28.56% | -11.28% | 10.75% |
H4ZA.DE HSBC EURO STOXX 50 UCITS ETF EUR | 7.24% | 22.26% | 13.81% | 22.59% | -8.87% | 23.72% | -2.73% | 30.07% | -11.96% | 10.07% |
Correlation
The correlation between AME6.DE and H4ZA.DE is 0.94, indicating a strong positive relationship between their price movements. Combining them offers limited diversification - they tend to fall together during downturns.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.94 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.93 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.94 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.95 |
Correlation (All Time) Calculated using the full available price history since Oct 12, 2010 | 0.92 |
The correlation between AME6.DE and H4ZA.DE has been stable across timeframes, ranging from 0.92 to 0.95 - a consistent structural relationship.
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Return for Risk
AME6.DE vs. H4ZA.DE — Risk / Return Rank
AME6.DE
H4ZA.DE
AME6.DE vs. H4ZA.DE - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Amundi STOXX Europe 600 ESG UCITS ETF EUR (AME6.DE) and HSBC EURO STOXX 50 UCITS ETF EUR (H4ZA.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.
| AME6.DE | H4ZA.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.09 | ||
| Sortino ratioReturn per unit of downside risk | +0.08 | ||
| Omega ratioGain probability vs. loss probability | 1.20 | 1.18 | +0.02 |
| Calmar ratioReturn relative to maximum drawdown | 1.36 | 1.43 | -0.07 |
| Martin ratioReturn relative to average drawdown | 5.00 | 4.85 | +0.16 |
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
| AME6.DE | H4ZA.DE | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.07 | 0.98 | +0.09 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.62 | 0.69 | -0.07 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.56 | 0.59 | -0.03 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.50 | 0.41 | +0.09 |
Drawdowns
AME6.DE vs. H4ZA.DE - Drawdown Comparison
The maximum AME6.DE drawdown since its inception was -35.62%, smaller than the maximum H4ZA.DE drawdown of -38.41%. Use the drawdown chart below to compare losses from any high point for AME6.DE and H4ZA.DE.
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Drawdown Indicators
| AME6.DE | H4ZA.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -35.62% | -38.41% | +2.79% |
Max Drawdown (1Y)Largest decline over 1 year | -10.82% | -10.97% | +0.15% |
Max Drawdown (3Y)Largest decline over 3 years | -16.22% | -16.40% | +0.18% |
Max Drawdown (5Y)Largest decline over 5 years | -20.84% | -23.26% | +2.42% |
Max Drawdown (10Y)Largest decline over 10 years | -35.62% | -38.41% | +2.79% |
Current DrawdownCurrent decline from peak | -1.77% | -0.50% | -1.27% |
Average DrawdownAverage peak-to-trough decline | -5.44% | -7.84% | +2.40% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.94% | 3.24% | -0.30% |
Volatility
AME6.DE vs. H4ZA.DE - Volatility Comparison
The current volatility for Amundi STOXX Europe 600 ESG UCITS ETF EUR (AME6.DE) is 4.61%, while HSBC EURO STOXX 50 UCITS ETF EUR (H4ZA.DE) has a volatility of 4.95%. This indicates that AME6.DE experiences smaller price fluctuations and is considered to be less risky than H4ZA.DE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| AME6.DE | H4ZA.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 4.61% | 4.95% | -0.34% |
Volatility (6M)Calculated over the trailing 6-month period | 11.48% | 12.99% | -1.51% |
Volatility (1Y)Calculated over the trailing 1-year period | 13.79% | 15.99% | -2.20% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 14.57% | 17.50% | -2.93% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 15.65% | 18.17% | -2.52% |
AME6.DE vs. H4ZA.DE - Expense Ratio Comparison
AME6.DE has a 0.18% expense ratio, which is higher than H4ZA.DE's 0.05% 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
AME6.DE vs. H4ZA.DE - Dividend Comparison
AME6.DE has not paid dividends to shareholders, while H4ZA.DE's dividend yield for the trailing twelve months is around 2.44%.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
AME6.DE Amundi STOXX Europe 600 ESG UCITS ETF EUR | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
H4ZA.DE HSBC EURO STOXX 50 UCITS ETF EUR | 2.44% | 2.49% | 5.35% | 2.93% | 2.94% | 1.94% | 2.06% | 2.84% | 3.55% | 2.73% | 2.85% | 2.70% |
Frequently Asked Questions
With a correlation of 0.94, AME6.DE and H4ZA.DE move almost identically. Holding both adds very little diversification - you're essentially doubling your position in the same market segment. Choosing one is usually more capital-efficient.
On fees, H4ZA.DE is cheaper at 0.05% per year. The better choice depends on whether you care most about return, fees, risk, or income.
H4ZA.DE is cheaper with a 0.05% expense ratio, compared with 0.18% for AME6.DE.
AME6.DE tracks STOXX® Europe 600 ESG+, while H4ZA.DE tracks EURO STOXX® 50. They also come from different issuers: Amundi and HSBC. Their fees differ too: 0.18% for AME6.DE and 0.05% for H4ZA.DE.
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