CE2D.L vs. MEUD.L
Compare and contrast key facts about Amundi Index MSCI Europe UCITS ETF DR EUR (D) (CE2D.L) and Lyxor Core STOXX Europe 600 (DR) - UCITS ETF Acc (MEUD.L).
CE2D.L and MEUD.L are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. CE2D.L is a passively managed fund by Amundi that tracks the performance of the MSCI Europe NR EUR. It was launched on Dec 19, 2017. MEUD.L is a passively managed fund by Amundi that tracks the performance of the MSCI Europe NR EUR. It was launched on Apr 3, 2013. Both CE2D.L and MEUD.L are passive ETFs, meaning that they are not actively managed but aim to replicate the performance of the underlying index as closely as possible.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: CE2D.L or MEUD.L.
Performance
CE2D.L vs. MEUD.L - Performance Comparison
Returns By Period
The year-to-date returns for both stocks are quite close, with CE2D.L having a 3.47% return and MEUD.L slightly lower at 3.41%.
CE2D.L
3.47%
-3.83%
-5.33%
7.87%
6.68%
N/A
MEUD.L
3.41%
-3.67%
-5.02%
8.14%
6.68%
7.48%
Key characteristics
CE2D.L | MEUD.L | |
---|---|---|
Sharpe Ratio | 0.78 | 0.79 |
Sortino Ratio | 1.16 | 1.17 |
Omega Ratio | 1.14 | 1.14 |
Calmar Ratio | 1.19 | 1.26 |
Martin Ratio | 3.26 | 3.36 |
Ulcer Index | 2.42% | 2.40% |
Daily Std Dev | 10.08% | 10.20% |
Max Drawdown | -28.51% | -28.57% |
Current Drawdown | -5.80% | -5.56% |
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CE2D.L vs. MEUD.L - Expense Ratio Comparison
Both CE2D.L and MEUD.L have an expense ratio of 0.15%, making them cost-effective options compared to the broader market, where average expense ratios typically range from 0.3% to 0.9%.
Correlation
The correlation between CE2D.L and MEUD.L is 0.97, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.
Risk-Adjusted Performance
CE2D.L vs. MEUD.L - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Amundi Index MSCI Europe UCITS ETF DR EUR (D) (CE2D.L) and Lyxor Core STOXX Europe 600 (DR) - UCITS ETF Acc (MEUD.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.
Dividends
CE2D.L vs. MEUD.L - Dividend Comparison
CE2D.L's dividend yield for the trailing twelve months is around 2.65%, while MEUD.L has not paid dividends to shareholders.
TTM | 2023 | 2022 | 2021 | 2020 | 2019 | |
---|---|---|---|---|---|---|
Amundi Index MSCI Europe UCITS ETF DR EUR (D) | 2.65% | 2.74% | 2.96% | 2.19% | 2.07% | 3.22% |
Lyxor Core STOXX Europe 600 (DR) - UCITS ETF Acc | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Drawdowns
CE2D.L vs. MEUD.L - Drawdown Comparison
The maximum CE2D.L drawdown since its inception was -28.51%, roughly equal to the maximum MEUD.L drawdown of -28.57%. Use the drawdown chart below to compare losses from any high point for CE2D.L and MEUD.L. For additional features, visit the drawdowns tool.
Volatility
CE2D.L vs. MEUD.L - Volatility Comparison
Amundi Index MSCI Europe UCITS ETF DR EUR (D) (CE2D.L) and Lyxor Core STOXX Europe 600 (DR) - UCITS ETF Acc (MEUD.L) have volatilities of 4.57% and 4.77%, 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.