ATT.L vs. EUHD.L

Last updated Jun 4, 2026

ATT.L (Allianz Technology Trust plc) is a stock, while EUHD.L (PowerShares EURO STOXX High Dividend Low Volatility UCITS) is Europe Equities fund tracking the MSCI EMU NR EUR. Over the past 10 years, ATT.L returned 28.75%/yr vs 9.34%/yr for EUHD.L. At a 0.36 correlation, their price movements are largely independent.

Performance

ATT.L vs. EUHD.L - Performance Comparison

The chart below illustrates the hypothetical performance of a £10,000 investment in Allianz Technology Trust plc (ATT.L) and PowerShares EURO STOXX High Dividend Low Volatility UCITS (EUHD.L). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, ATT.L achieves a 43.26% return, which is significantly higher than EUHD.L's 9.03% return. Over the past 10 years, ATT.L has outperformed EUHD.L with an annualized return of 28.75%, while EUHD.L has yielded a comparatively lower 9.34% annualized return.

ATT.L

• 1D: -0.40%
• 1M: 20.99%
• YTD: 43.26%
• 6M: 44.91%
• 1Y: 87.34%
• 3Y*: 42.67%
• 5Y*: 23.02%
• 10Y*: 28.75%

EUHD.L

• 1D: -0.96%
• 1M: 0.20%
• YTD: 9.03%
• 6M: 11.47%
• 1Y: 23.95%
• 3Y*: 20.19%
• 5Y*: 12.83%
• 10Y*: 9.34%

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

ATT.L vs. EUHD.L - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
ATT.L Allianz Technology Trust plc	43.26%	25.78%	38.06%	44.52%	-40.43%	18.69%	80.33%	35.00%	4.36%	42.69%
EUHD.L PowerShares EURO STOXX High Dividend Low Volatility UCITS	9.03%	42.88%	5.23%	11.37%	-3.26%	13.30%	-13.39%	11.53%	-7.27%	13.76%

Correlation

The correlation between ATT.L and EUHD.L is 0.20, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.20
Correlation (3Y) Calculated over the trailing 3-year period	0.23
Correlation (5Y) Calculated over the trailing 5-year period	0.32
Correlation (10Y) Calculated over the trailing 10-year period	0.35
Correlation (All Time) Calculated using the full available price history since Jan 11, 2016	0.36

The correlation between ATT.L and EUHD.L shifts across timeframes, from 0.20 (1 year) to 0.36 (all time), reflecting how their relationship changes across market environments.

Return for Risk

ATT.L vs. EUHD.L — Risk / Return Rank

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

ATT.L

ATT.L Risk / Return Rank: 96
ATT.L Sharpe Ratio Rank: 97
ATT.L Sortino Ratio Rank: 96
ATT.L Omega Ratio Rank: 95
ATT.L Calmar Ratio Rank: 96
ATT.L Martin Ratio Rank: 97

EUHD.L

EUHD.L Risk / Return Rank: 63
EUHD.L Sharpe Ratio Rank: 62
EUHD.L Sortino Ratio Rank: 59
EUHD.L Omega Ratio Rank: 62
EUHD.L Calmar Ratio Rank: 66
EUHD.L Martin Ratio Rank: 64

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.

ATT.L vs. EUHD.L - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Allianz Technology Trust plc (ATT.L) and PowerShares EURO STOXX High Dividend Low Volatility UCITS (EUHD.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.

	ATT.L	EUHD.L	Difference
Sharpe ratio: Return per unit of total volatility	3.74	2.13	+1.61
Sortino ratio: Return per unit of downside risk	4.52	2.83	+1.69
Omega ratio: Gain probability vs. loss probability	1.58	1.38	+0.20
Calmar ratio: Return relative to maximum drawdown	8.58	3.32	+5.25
Martin ratio: Return relative to average drawdown	26.85	11.62	+15.22
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

ATT.L vs. EUHD.L - Sharpe Ratio Comparison

The current ATT.L Sharpe Ratio is 3.74, which is higher than the EUHD.L Sharpe Ratio of 2.13. The chart below compares the historical Sharpe Ratios of ATT.L and EUHD.L, 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

	ATT.L	EUHD.L	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	3.74	2.13	+1.61
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.78	0.93	-0.16
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.96	0.60	+0.36
Sharpe Ratio (All Time) Calculated using the full available price history	0.93	0.62	+0.31

Drawdowns

ATT.L vs. EUHD.L - Drawdown Comparison

The maximum ATT.L drawdown since its inception was -45.95%, which is greater than EUHD.L's maximum drawdown of -35.97%. Use the drawdown chart below to compare losses from any high point for ATT.L and EUHD.L.

Drawdown Indicators

	ATT.L	EUHD.L	Difference
Max Drawdown Largest peak-to-trough decline	-45.95%	-35.97%	-9.98%
Max Drawdown (1Y) Largest decline over 1 year	-10.13%	-7.17%	-2.96%
Max Drawdown (3Y) Largest decline over 3 years	-32.60%	-10.52%	-22.08%
Max Drawdown (5Y) Largest decline over 5 years	-45.95%	-19.82%	-26.13%
Max Drawdown (10Y) Largest decline over 10 years	-45.95%	-35.97%	-9.98%
Current Drawdown Current decline from peak	-0.40%	-2.33%	+1.93%
Average Drawdown Average peak-to-trough decline	-10.24%	-5.30%	-4.94%
Ulcer Index Depth and duration of drawdowns from previous peaks	3.24%	2.06%	+1.18%

Volatility

ATT.L vs. EUHD.L - Volatility Comparison

Allianz Technology Trust plc (ATT.L) has a higher volatility of 6.98% compared to PowerShares EURO STOXX High Dividend Low Volatility UCITS (EUHD.L) at 3.81%. This indicates that ATT.L's price experiences larger fluctuations and is considered to be riskier than EUHD.L based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	ATT.L	EUHD.L	Difference
Volatility (1M) Calculated over the trailing 1-month period	6.98%	3.81%	+3.17%
Volatility (6M) Calculated over the trailing 6-month period	16.72%	8.70%	+8.02%
Volatility (1Y) Calculated over the trailing 1-year period	23.42%	11.19%	+12.23%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	29.55%	13.74%	+15.81%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	29.92%	15.55%	+14.37%

Dividends

ATT.L vs. EUHD.L - Dividend Comparison

ATT.L has not paid dividends to shareholders, while EUHD.L's dividend yield for the trailing twelve months is around 3.96%.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016
ATT.L Allianz Technology Trust plc	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
EUHD.L PowerShares EURO STOXX High Dividend Low Volatility UCITS	3.96%	4.61%	5.86%	5.50%	5.44%	4.28%	3.06%	4.66%	4.34%	3.41%	3.51%

Frequently Asked Questions

Can I hold both ATT.L and EUHD.L in my portfolio?

ATT.L and EUHD.L have a correlation of 0.20, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.