CEUG.DE vs. LYBK.DE
CEUG.DE (iShares MSCI EMU UCITS ETF GBP Hedged (Dist)) and LYBK.DE (Amundi Euro Stoxx Banks UCITS ETF Acc) are both exchange-traded funds - CEUG.DE is a Europe Equities fund tracking the MSCI Europe NR EUR, while LYBK.DE is a Financials Equities fund tracking the EURO STOXX® Banks. Both are passively managed. Over the past 5 years, CEUG.DE returned 9.35%/yr vs 29.06%/yr for LYBK.DE. A 0.68 correlation means they provide meaningful diversification when combined. CEUG.DE charges 0.12%/yr vs 0.30%/yr for LYBK.DE.
Performance
CEUG.DE vs. LYBK.DE - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, CEUG.DE achieves a 7.45% return, which is significantly higher than LYBK.DE's 5.35% return.
CEUG.DE
- 1D
- 0.60%
- 1M
- 3.72%
- YTD
- 7.45%
- 6M
- 10.20%
- 1Y
- 16.71%
- 3Y*
- 13.62%
- 5Y*
- 9.35%
- 10Y*
- 8.85%
LYBK.DE
- 1D
- 0.92%
- 1M
- 6.42%
- YTD
- 5.35%
- 6M
- 12.06%
- 1Y
- 41.47%
- 3Y*
- 45.91%
- 5Y*
- 29.06%
- 10Y*
- —
CEUG.DE vs. LYBK.DE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | |
|---|---|---|---|---|---|---|---|---|---|
CEUG.DE iShares MSCI EMU UCITS ETF GBP Hedged (Dist) | 7.45% | 19.02% | 9.58% | 15.40% | -11.56% | 25.11% | -3.26% | 27.70% | -13.02% |
LYBK.DE Amundi Euro Stoxx Banks UCITS ETF Acc | 5.35% | 91.46% | 30.53% | 30.34% | 0.78% | 39.97% | -22.43% | 17.74% | -35.74% |
Correlation
The correlation between CEUG.DE and LYBK.DE is 0.74, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.74 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.70 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.69 |
Correlation (All Time) Calculated using the full available price history since Jan 15, 2018 | 0.68 |
The correlation between CEUG.DE and LYBK.DE has been stable across timeframes, ranging from 0.68 to 0.74 - a consistent structural relationship.
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Return for Risk
CEUG.DE vs. LYBK.DE — Risk / Return Rank
CEUG.DE
LYBK.DE
CEUG.DE vs. LYBK.DE - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for iShares MSCI EMU UCITS ETF GBP Hedged (Dist) (CEUG.DE) and Amundi Euro Stoxx Banks UCITS ETF Acc (LYBK.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.
| CEUG.DE | LYBK.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.48 | ||
| Sortino ratioReturn per unit of downside risk | -0.59 | ||
| Omega ratioGain probability vs. loss probability | 1.23 | 1.29 | -0.05 |
| Calmar ratioReturn relative to maximum drawdown | 1.65 | 2.41 | -0.76 |
| Martin ratioReturn relative to average drawdown | 6.05 | 7.56 | -1.51 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
Loading charts...
Sharpe Ratios by Period
| CEUG.DE | LYBK.DE | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.24 | 1.72 | -0.48 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.64 | 1.13 | -0.48 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.56 | — | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.52 | 0.46 | +0.06 |
Drawdowns
CEUG.DE vs. LYBK.DE - Drawdown Comparison
The maximum CEUG.DE drawdown since its inception was -35.67%, smaller than the maximum LYBK.DE drawdown of -62.22%. Use the drawdown chart below to compare losses from any high point for CEUG.DE and LYBK.DE.
Loading charts...
Drawdown Indicators
| CEUG.DE | LYBK.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -35.67% | -62.22% | +26.55% |
Max Drawdown (1Y)Largest decline over 1 year | -10.05% | -17.12% | +7.07% |
Max Drawdown (3Y)Largest decline over 3 years | -16.67% | -19.90% | +3.23% |
Max Drawdown (5Y)Largest decline over 5 years | -21.04% | -34.32% | +13.28% |
Max Drawdown (10Y)Largest decline over 10 years | -35.67% | — | — |
Current DrawdownCurrent decline from peak | -1.56% | -1.83% | +0.27% |
Average DrawdownAverage peak-to-trough decline | -5.57% | -19.62% | +14.05% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.76% | 5.47% | -2.71% |
Volatility
CEUG.DE vs. LYBK.DE - Volatility Comparison
The current volatility for iShares MSCI EMU UCITS ETF GBP Hedged (Dist) (CEUG.DE) is 4.42%, while Amundi Euro Stoxx Banks UCITS ETF Acc (LYBK.DE) has a volatility of 5.84%. This indicates that CEUG.DE experiences smaller price fluctuations and is considered to be less risky than LYBK.DE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| CEUG.DE | LYBK.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 4.42% | 5.84% | -1.42% |
Volatility (6M)Calculated over the trailing 6-month period | 11.04% | 19.19% | -8.15% |
Volatility (1Y)Calculated over the trailing 1-year period | 13.41% | 23.95% | -10.54% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 14.36% | 25.45% | -11.09% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 15.62% | 28.55% | -12.93% |
CEUG.DE vs. LYBK.DE - Expense Ratio Comparison
CEUG.DE has a 0.12% expense ratio, which is lower than LYBK.DE's 0.30% expense ratio.
Dividends
CEUG.DE vs. LYBK.DE - Dividend Comparison
Neither CEUG.DE nor LYBK.DE has paid dividends to shareholders.
Frequently Asked Questions
CEUG.DE and LYBK.DE have a correlation of 0.74, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, CEUG.DE is cheaper at 0.12% per year. The better choice depends on whether you care most about return, fees, risk, or income.
CEUG.DE is cheaper with a 0.12% expense ratio, compared with 0.30% for LYBK.DE.
CEUG.DE is categorized as Europe Equities, while LYBK.DE is Financials Equities. CEUG.DE tracks MSCI Europe NR EUR, while LYBK.DE tracks EURO STOXX® Banks. Their fees differ too: 0.12% for CEUG.DE and 0.30% for LYBK.DE.
Find the right allocation for CEUG.DE and LYBK.DE
Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Optimizer