AUM5.DE vs. L8I3.DE
AUM5.DE (Amundi S&P 500 UCITS ETF EUR) and L8I3.DE (Amundi EUR Overnight Return UCITS ETF (Acc)) are both exchange-traded funds - AUM5.DE is a S&P 500 fund tracking the S&P 500 Index, while L8I3.DE is a Money Market fund tracking the Solactive EUR Overnight Return Index. Both are passively managed. Over the past 10 years, AUM5.DE returned 14.69%/yr vs 0.67%/yr for L8I3.DE. At a correlation of -0.01, they often move in opposite directions. AUM5.DE charges 0.15%/yr vs 0.10%/yr for L8I3.DE.
Performance
AUM5.DE vs. L8I3.DE - Performance Comparison
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Returns By Period
In the year-to-date period, AUM5.DE achieves a 13.15% return, which is significantly higher than L8I3.DE's 1.09% return. Over the past 10 years, AUM5.DE has outperformed L8I3.DE with an annualized return of 14.69%, while L8I3.DE has yielded a comparatively lower 0.67% annualized return.
AUM5.DE
- 1D
- 0.24%
- 1M
- 1.49%
- 6M
- 11.78%
- YTD
- 13.15%
- 1Y
- 23.59%
- 3Y*
- 19.39%
- 5Y*
- 13.84%
- 10Y*
- 14.69%
L8I3.DE
- 1D
- -0.01%
- 1M
- 0.18%
- 6M
- 0.97%
- YTD
- 1.09%
- 1Y
- 2.00%
- 3Y*
- 2.91%
- 5Y*
- 1.94%
- 10Y*
- 0.67%
AUM5.DE vs. L8I3.DE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
AUM5.DE Amundi S&P 500 UCITS ETF EUR | 13.15% | 4.80% | 32.40% | 22.65% | -14.14% | 40.97% | 7.09% | 34.94% | -1.01% | 6.83% |
L8I3.DE Amundi EUR Overnight Return UCITS ETF (Acc) | 1.09% | 2.21% | 3.69% | 3.17% | -0.11% | -0.69% | -0.68% | -0.61% | -0.56% | -0.46% |
Correlation
The correlation between AUM5.DE and L8I3.DE is -0.03, 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 | -0.03 |
Correlation (3Y) Calculated over the trailing 3-year period | -0.02 |
Correlation (5Y) Calculated over the trailing 5-year period | -0.02 |
Correlation (10Y) Calculated over the trailing 10-year period | -0.02 |
Correlation (All Time) Calculated using the full available price history since Sep 21, 2010 | -0.01 |
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Return for Risk
AUM5.DE vs. L8I3.DE — Risk / Return Rank
AUM5.DE
L8I3.DE
AUM5.DE vs. L8I3.DE - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Amundi S&P 500 UCITS ETF EUR (AUM5.DE) and Amundi EUR Overnight Return UCITS ETF (Acc) (L8I3.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.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| AUM5.DE | L8I3.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -4.31 | ||
| Sortino ratioReturn per unit of downside risk | -10.84 | ||
| Omega ratioGain probability vs. loss probability | 1.36 | 2.82 | -1.46 |
| Calmar ratioReturn relative to maximum drawdown | 3.27 | 45.18 | -41.91 |
| Martin ratioReturn relative to average drawdown | 11.52 | 176.49 | -164.98 |
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Drawdowns
AUM5.DE vs. L8I3.DE - Drawdown Comparison
The maximum AUM5.DE drawdown since its inception was -33.65%, which is greater than L8I3.DE's maximum drawdown of -3.92%. Use the drawdown chart below to compare losses from any high point for AUM5.DE and L8I3.DE.
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Drawdown Indicators
| AUM5.DE | L8I3.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -33.65% | -3.92% | -29.73% |
Max Drawdown (1Y)Largest decline over 1 year | -7.18% | -0.04% | -7.14% |
Max Drawdown (3Y)Largest decline over 3 years | -23.30% | -0.07% | -23.23% |
Max Drawdown (5Y)Largest decline over 5 years | -23.30% | -0.75% | -22.55% |
Max Drawdown (10Y)Largest decline over 10 years | -33.65% | -3.57% | -30.08% |
Current DrawdownCurrent decline from peak | -0.15% | -0.01% | -0.14% |
Average DrawdownAverage peak-to-trough decline | -3.97% | -0.89% | -3.08% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.04% | 0.01% | +2.03% |
Volatility
AUM5.DE vs. L8I3.DE - Volatility Comparison
Amundi S&P 500 UCITS ETF EUR (AUM5.DE) has a higher volatility of 2.75% compared to Amundi EUR Overnight Return UCITS ETF (Acc) (L8I3.DE) at 0.08%. This indicates that AUM5.DE's price experiences larger fluctuations and is considered to be riskier than L8I3.DE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| AUM5.DE | L8I3.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 2.75% | 0.08% | +2.67% |
Volatility (6M)Calculated over the trailing 6-month period | 7.97% | 0.21% | +7.76% |
Volatility (1Y)Calculated over the trailing 1-year period | 11.86% | 0.32% | +11.54% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 15.21% | 0.26% | +14.95% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 16.08% | 0.21% | +15.87% |
AUM5.DE vs. L8I3.DE - Expense Ratio Comparison
AUM5.DE has a 0.15% expense ratio, which is higher than L8I3.DE's 0.10% 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
AUM5.DE vs. L8I3.DE - Dividend Comparison
Neither AUM5.DE nor L8I3.DE has paid dividends to shareholders.
Frequently Asked Questions
AUM5.DE and L8I3.DE have a correlation of -0.03, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, L8I3.DE is cheaper at 0.10% per year. The better choice depends on whether you care most about return, fees, risk, or income.
L8I3.DE is cheaper with a 0.10% expense ratio, compared with 0.15% for AUM5.DE.
AUM5.DE is categorized as S&P 500, while L8I3.DE is Money Market. AUM5.DE tracks S&P 500 Index, while L8I3.DE tracks Solactive EUR Overnight Return Index. Their fees differ too: 0.15% for AUM5.DE and 0.10% for L8I3.DE.
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