AMZ.DE vs. ERNX.DE
AMZ.DE (Amazon.com Inc) is a stock, while ERNX.DE (iShares Euro Ultrashort Bond UCITS ETF EUR Accumulating) is Ultrashort Bond fund tracking the Markit iBoxx EUR Liquid Investment Grade Ultrashort Index. Over the past 3 years, AMZ.DE returned 23.11%/yr vs 3.33%/yr for ERNX.DE. At a 0.00 correlation, their price movements are largely independent.
Performance
AMZ.DE vs. ERNX.DE - Performance Comparison
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Returns By Period
In the year-to-date period, AMZ.DE achieves a 11.02% return, which is significantly higher than ERNX.DE's 0.87% return.
AMZ.DE
- 1D
- 1.72%
- 1M
- -7.13%
- YTD
- 11.02%
- 6M
- 12.00%
- 1Y
- 21.40%
- 3Y*
- 23.11%
- 5Y*
- 10.64%
- 10Y*
- 21.18%
ERNX.DE
- 1D
- 0.04%
- 1M
- 0.26%
- YTD
- 0.87%
- 6M
- 0.99%
- 1Y
- 2.18%
- 3Y*
- 3.33%
- 5Y*
- —
- 10Y*
- —
AMZ.DE vs. ERNX.DE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | |
|---|---|---|---|---|---|
AMZ.DE Amazon.com Inc | 11.02% | -7.10% | 53.16% | 77.64% | -35.23% |
ERNX.DE iShares Euro Ultrashort Bond UCITS ETF EUR Accumulating | 0.87% | 2.69% | 4.04% | 3.34% | 0.10% |
Correlation
The correlation between AMZ.DE and ERNX.DE is 0.04, meaning there is essentially no relationship between their price movements. Each responds to its own set of market drivers, making them strong candidates for combining in a diversified portfolio.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.04 |
Correlation (3Y) Calculated over the trailing 3-year period | -0.01 |
Correlation (All Time) Calculated using the full available price history since May 2, 2022 | 0.00 |
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Return for Risk
AMZ.DE vs. ERNX.DE — Risk / Return Rank
AMZ.DE
ERNX.DE
AMZ.DE vs. ERNX.DE - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Amazon.com Inc (AMZ.DE) and iShares Euro Ultrashort Bond UCITS ETF EUR Accumulating (ERNX.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.
| AMZ.DE | ERNX.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -2.25 | ||
| Sortino ratioReturn per unit of downside risk | -3.88 | ||
| Omega ratioGain probability vs. loss probability | 1.15 | 1.67 | -0.52 |
| Calmar ratioReturn relative to maximum drawdown | 0.87 | 10.99 | -10.12 |
| Martin ratioReturn relative to average drawdown | 2.14 | 54.93 | -52.80 |
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
| AMZ.DE | ERNX.DE | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 0.69 | 2.94 | -2.25 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.31 | — | — |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.68 | — | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.23 | 3.90 | -3.67 |
Drawdowns
AMZ.DE vs. ERNX.DE - Drawdown Comparison
The maximum AMZ.DE drawdown since its inception was -98.91%, which is greater than ERNX.DE's maximum drawdown of -0.83%. Use the drawdown chart below to compare losses from any high point for AMZ.DE and ERNX.DE.
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Drawdown Indicators
| AMZ.DE | ERNX.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -98.91% | -0.83% | -98.08% |
Max Drawdown (1Y)Largest decline over 1 year | -24.50% | -0.20% | -24.30% |
Max Drawdown (3Y)Largest decline over 3 years | -35.42% | -0.20% | -35.22% |
Max Drawdown (5Y)Largest decline over 5 years | -53.26% | — | — |
Max Drawdown (10Y)Largest decline over 10 years | -53.26% | — | — |
Current DrawdownCurrent decline from peak | -7.13% | -0.00% | -7.13% |
Average DrawdownAverage peak-to-trough decline | -55.40% | -0.09% | -55.31% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 9.99% | 0.04% | +9.95% |
Volatility
AMZ.DE vs. ERNX.DE - Volatility Comparison
Amazon.com Inc (AMZ.DE) has a higher volatility of 8.60% compared to iShares Euro Ultrashort Bond UCITS ETF EUR Accumulating (ERNX.DE) at 0.17%. This indicates that AMZ.DE's price experiences larger fluctuations and is considered to be riskier than ERNX.DE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| AMZ.DE | ERNX.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 8.60% | 0.17% | +8.43% |
Volatility (6M)Calculated over the trailing 6-month period | 23.13% | 0.56% | +22.57% |
Volatility (1Y)Calculated over the trailing 1-year period | 30.76% | 0.74% | +30.02% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 33.55% | 0.68% | +32.87% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 31.10% | 0.68% | +30.42% |
Dividends
AMZ.DE vs. ERNX.DE - Dividend Comparison
Neither AMZ.DE nor ERNX.DE has paid dividends to shareholders.
Frequently Asked Questions
AMZ.DE and ERNX.DE have a correlation of 0.04, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
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