ANXG.L vs. AEDAX

Last updated Jun 4, 2026

ANXG.L (Amundi Nasdaq-100 UCITS USD) and AEDAX (Invesco EQV European Equity Fund) are both funds - ANXG.L is a Nasdaq-100 fund tracking the NASDAQ-100 Index, while AEDAX is a Europe Equities fund managed by Invesco. Over the past 10 years, ANXG.L returned 22.81%/yr vs 7.55%/yr for AEDAX. At a 0.47 correlation, their price movements are largely independent. ANXG.L charges 0.13%/yr vs 1.37%/yr for AEDAX.

Performance

ANXG.L vs. AEDAX - Performance Comparison

The chart below illustrates the hypothetical performance of a £10,000 investment in Amundi Nasdaq-100 UCITS USD (ANXG.L) and Invesco EQV European Equity Fund (AEDAX). The values are adjusted to include any dividend payments, if applicable.

Different Trading Currencies

ANXG.L is traded in GBp, while AEDAX is traded in USD. To make them comparable, the AEDAX values have been converted to GBp using the latest available exchange rates.

Returns By Period

In the year-to-date period, ANXG.L achieves a 20.66% return, which is significantly higher than AEDAX's 18.14% return. Over the past 10 years, ANXG.L has outperformed AEDAX with an annualized return of 22.81%, while AEDAX has yielded a comparatively lower 7.55% annualized return.

ANXG.L

• 1D: 0.17%
• 1M: 11.90%
• YTD: 20.66%
• 6M: 19.25%
• 1Y: 42.81%
• 3Y*: 25.54%
• 5Y*: 19.19%
• 10Y*: 22.81%

AEDAX

• 1D: 1.20%
• 1M: 9.13%
• YTD: 18.14%
• 6M: 21.03%
• 1Y: 29.50%
• 3Y*: 13.46%
• 5Y*: 7.48%
• 10Y*: 7.55%

*Multi-year figures are annualized to reflect compound growth (CAGR)

ANXG.L vs. AEDAX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
ANXG.L Amundi Nasdaq-100 UCITS USD	20.66%	11.70%	28.70%	48.00%	-25.42%	29.85%	43.37%	34.20%	4.47%	20.19%
AEDAX Invesco EQV European Equity Fund	18.14%	15.09%	0.95%	13.66%	-12.47%	15.31%	-3.00%	19.80%	-14.05%	15.92%

Correlation

The correlation between ANXG.L and AEDAX is 0.41, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.41
Correlation (3Y) Calculated over the trailing 3-year period	0.35
Correlation (5Y) Calculated over the trailing 5-year period	0.40
Correlation (10Y) Calculated over the trailing 10-year period	0.47
Correlation (All Time) Calculated using the full available price history since Feb 24, 2016	0.47

The correlation between ANXG.L and AEDAX shifts across timeframes, from 0.35 (3 years) to 0.47 (all time), reflecting how their relationship changes across market environments.

Return for Risk

ANXG.L vs. AEDAX — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

ANXG.L

ANXG.L Risk / Return Rank: 78
ANXG.L Sharpe Ratio Rank: 87
ANXG.L Sortino Ratio Rank: 83
ANXG.L Omega Ratio Rank: 82
ANXG.L Calmar Ratio Rank: 76
ANXG.L Martin Ratio Rank: 62

AEDAX

AEDAX Risk / Return Rank: 43
AEDAX Sharpe Ratio Rank: 42
AEDAX Sortino Ratio Rank: 40
AEDAX Omega Ratio Rank: 41
AEDAX Calmar Ratio Rank: 48
AEDAX Martin Ratio Rank: 44

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

ANXG.L vs. AEDAX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Amundi Nasdaq-100 UCITS USD (ANXG.L) and Invesco EQV European Equity Fund (AEDAX). 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.

	ANXG.L	AEDAX	Difference
Sharpe ratio: Return per unit of total volatility	2.92	2.30	+0.62
Sortino ratio: Return per unit of downside risk	3.75	3.09	+0.65
Omega ratio: Gain probability vs. loss probability	1.50	1.43	+0.07
Calmar ratio: Return relative to maximum drawdown	3.83	3.12	+0.71
Martin ratio: Return relative to average drawdown	11.21	11.62	-0.42
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

ANXG.L vs. AEDAX - Sharpe Ratio Comparison

The current ANXG.L Sharpe Ratio is 2.92, which is comparable to the AEDAX Sharpe Ratio of 2.30. The chart below compares the historical Sharpe Ratios of ANXG.L and AEDAX, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Sharpe Ratios by Period

	ANXG.L	AEDAX	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	2.92	2.30	+0.62
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	1.00	0.53	+0.47
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	1.18	0.51	+0.67
Sharpe Ratio (All Time) Calculated using the full available price history	1.18	0.39	+0.79

Drawdowns

ANXG.L vs. AEDAX - Drawdown Comparison

The maximum ANXG.L drawdown since its inception was -27.69%, smaller than the maximum AEDAX drawdown of -43.29%. Use the drawdown chart below to compare losses from any high point for ANXG.L and AEDAX.

Drawdown Indicators

	ANXG.L	AEDAX	Difference
Max Drawdown Largest peak-to-trough decline	-27.69%	-43.29%	+15.60%
Max Drawdown (1Y) Largest decline over 1 year	-11.12%	-9.24%	-1.88%
Max Drawdown (3Y) Largest decline over 3 years	-24.54%	-13.67%	-10.87%
Max Drawdown (5Y) Largest decline over 5 years	-27.69%	-24.05%	-3.64%
Max Drawdown (10Y) Largest decline over 10 years	-27.69%	-30.17%	+2.48%
Current Drawdown Current decline from peak	0.00%	0.00%	0.00%
Average Drawdown Average peak-to-trough decline	-5.35%	-7.08%	+1.73%
Ulcer Index Depth and duration of drawdowns from previous peaks	3.81%	2.47%	+1.34%

Volatility

ANXG.L vs. AEDAX - Volatility Comparison

Amundi Nasdaq-100 UCITS USD (ANXG.L) and Invesco EQV European Equity Fund (AEDAX) have volatilities of 4.08% and 4.07%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	ANXG.L	AEDAX	Difference
Volatility (1M) Calculated over the trailing 1-month period	4.08%	4.07%	+0.01%
Volatility (6M) Calculated over the trailing 6-month period	10.37%	10.14%	+0.23%
Volatility (1Y) Calculated over the trailing 1-year period	14.67%	12.56%	+2.11%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	19.13%	14.16%	+4.97%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	19.32%	14.95%	+4.37%

ANXG.L vs. AEDAX - Expense Ratio Comparison

ANXG.L has a 0.13% expense ratio, which is lower than AEDAX's 1.37% expense ratio.

Dividends

ANXG.L vs. AEDAX - Dividend Comparison

ANXG.L has not paid dividends to shareholders, while AEDAX's dividend yield for the trailing twelve months is around 14.33%.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
AEDAX Invesco EQV European Equity Fund	14.33%	16.92%	10.53%	2.58%	7.48%	9.40%	1.30%	2.53%	1.43%	1.86%	1.59%	4.78%
ANXG.L Amundi Nasdaq-100 UCITS USD	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%

Frequently Asked Questions

Can I hold both ANXG.L and AEDAX in my portfolio?

ANXG.L and AEDAX have a correlation of 0.41, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.