PortfoliosLab logoPortfoliosLab logo

Documentation

Upgrade your plan
CEUR.L vs. LCUK.L
Performance
Return for Risk
Drawdowns
Volatility
Dividends

CEUR.L vs. LCUK.L

Last updated Jun 5, 2026

CEUR.L (Amundi MSCI Europe) and LCUK.L (Lyxor Core UK Equity All Cap (DR) UCITS ETF - Dist) are both Europe Equities funds from Amundi - CEUR.L tracks the MSCI Europe NR EUR while LCUK.L tracks the FTSE AllSh TR GBP. Both are passively managed. Over the past 5 years, CEUR.L returned 9.47%/yr vs 10.01%/yr for LCUK.L. Their correlation of 0.84 suggests significant overlap in exposure. CEUR.L charges 0.05%/yr vs 0.04%/yr for LCUK.L.

Performance

CEUR.L vs. LCUK.L - Performance Comparison

The chart below illustrates the hypothetical performance of a £10,000 investment in Amundi MSCI Europe (CEUR.L) and Lyxor Core UK Equity All Cap (DR) UCITS ETF - Dist (LCUK.L). The values are adjusted to include any dividend payments, if applicable.

Loading charts...

Different Trading Currencies

CEUR.L is traded in GBp, while LCUK.L is traded in GBP. To make them comparable, the LCUK.L values have been converted to GBp using the latest available exchange rates.

Returns By Period

In the year-to-date period, CEUR.L achieves a 6.66% return, which is significantly higher than LCUK.L's 5.93% return.

CEUR.L

1D
0.46%
1M
3.94%
YTD
6.66%
6M
8.98%
1Y
19.26%
3Y*
13.68%
5Y*
9.47%
10Y*
9.88%

LCUK.L

1D
0.54%
1M
1.88%
YTD
5.93%
6M
5.05%
1Y
16.53%
3Y*
13.40%
5Y*
10.01%
10Y*
—
*Multi-year figures are annualized to reflect compound growth (CAGR)

CEUR.L vs. LCUK.L - Yearly Performance Comparison

2026 (YTD)20252024202320222021202020192018
CEUR.L
Amundi MSCI Europe		6.66%24.46%4.90%12.93%-5.96%17.02%2.29%19.59%-3.10%
LCUK.L
Lyxor Core UK Equity All Cap (DR) UCITS ETF - Dist		5.93%21.01%9.05%7.25%2.15%18.06%-11.83%18.73%-0.85%

Correlation

The correlation between CEUR.L and LCUK.L is 0.73, 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

0.73

Correlation (3Y)
Calculated over the trailing 3-year period

0.80

Correlation (5Y)
Calculated over the trailing 5-year period

0.81

Correlation (All Time)
Calculated using the full available price history since Mar 23, 2018

0.84

The correlation between CEUR.L and LCUK.L shifts across timeframes, from 0.73 (1 year) to 0.84 (all time), reflecting how their relationship changes across market environments.

CEUR.L vs. LCUK.L - Sectors Allocation Comparison

Sectors
CEUR.L
LCUK.L

Financial Services

25.1%
24.2%

Industrials

19.8%
13.9%

Healthcare

13.8%
13.2%

Technology

10.4%
0.9%

Consumer Defensive

7.2%
13.7%

Consumer Cyclical

6.2%
5.2%

Utilities

5.3%
5.1%

Basic Materials

3.8%
8.3%

Energy

3.5%
11.1%

Communication Services

3.4%
3.0%

Real Estate

1.7%
1.4%

Financial Services

CEUR.L
25.1%
LCUK.L
24.2%

Industrials

CEUR.L
19.8%
LCUK.L
13.9%

Healthcare

CEUR.L
13.8%
LCUK.L
13.2%

Technology

CEUR.L
10.4%
LCUK.L
0.9%

Consumer Defensive

CEUR.L
7.2%
LCUK.L
13.7%

Consumer Cyclical

CEUR.L
6.2%
LCUK.L
5.2%

Utilities

CEUR.L
5.3%
LCUK.L
5.1%

Basic Materials

CEUR.L
3.8%
LCUK.L
8.3%

Energy

CEUR.L
3.5%
LCUK.L
11.1%

Communication Services

CEUR.L
3.4%
LCUK.L
3.0%

Real Estate

CEUR.L
1.7%
LCUK.L
1.4%

Compare stocks, funds, or ETFs

Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.

Amundi MSCI Europe

Lyxor Core UK Equity All Cap (DR) UCITS ETF - Dist

Often compared with CEUR.L:
CEUR.L vs. DTLA.LCEUR.L vs. XS7R.LCEUR.L vs. XDWT.LCEUR.L vs. URTHCEUR.L vs. VERX.LCEUR.L vs. QQQCEUR.L vs. SPY
Often compared with LCUK.L:
LCUK.L vs. LGUK.LLCUK.L vs. JURE.LLCUK.L vs. XASX.LLCUK.L vs. VUKG.LLCUK.L vs. SMGB.LLCUK.L vs. IITU.LLCUK.L vs. VUKE.L

Return for Risk

CEUR.L vs. LCUK.L — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.
CEUR.L
CEUR.L Risk / Return Rank: 4242
Overall Rank
CEUR.L Sharpe Ratio Rank: 4545
Sharpe Ratio Rank
CEUR.L Sortino Ratio Rank: 4545
Sortino Ratio Rank
CEUR.L Omega Ratio Rank: 4747
Omega Ratio Rank
CEUR.L Calmar Ratio Rank: 3636
Calmar Ratio Rank
CEUR.L Martin Ratio Rank: 3939
Martin Ratio Rank
LCUK.L
LCUK.L Risk / Return Rank: 3838
Overall Rank
LCUK.L Sharpe Ratio Rank: 4040
Sharpe Ratio Rank
LCUK.L Sortino Ratio Rank: 3838
Sortino Ratio Rank
LCUK.L Omega Ratio Rank: 4040
Omega Ratio Rank
LCUK.L Calmar Ratio Rank: 3737
Calmar Ratio Rank
LCUK.L Martin Ratio Rank: 3838
Martin Ratio Rank
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.

CEUR.L vs. LCUK.L - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Amundi MSCI Europe (CEUR.L) and Lyxor Core UK Equity All Cap (DR) UCITS ETF - Dist (LCUK.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.

CEUR.LLCUK.LDifference
Sharpe ratioReturn per unit of total volatility
1.54
1.38

+0.16

Sortino ratioReturn per unit of downside risk
2.18
1.92

+0.26

Omega ratioGain probability vs. loss probability

1.29

1.25

+0.04

Calmar ratioReturn relative to maximum drawdown

1.74

1.80

-0.07

Martin ratioReturn relative to average drawdown

6.06

5.79

+0.27

Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

CEUR.L vs. LCUK.L - Sharpe Ratio Comparison

The current CEUR.L Sharpe Ratio is 1.54, which is comparable to the LCUK.L Sharpe Ratio of 1.38. The chart below compares the historical Sharpe Ratios of CEUR.L and LCUK.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.

Loading charts...

Sharpe Ratios by Period

CEUR.LLCUK.LDifference

Sharpe Ratio (1Y)

Calculated over the trailing 1-year period

1.54

1.38

+0.16

Sharpe Ratio (5Y)

Calculated over the trailing 5-year period

0.68

0.77

-0.09

Sharpe Ratio (10Y)

Calculated over the trailing 10-year period

0.66

—

—

Sharpe Ratio (All Time)

Calculated using the full available price history

0.56

0.51

+0.05

Drawdowns

CEUR.L vs. LCUK.L - Drawdown Comparison

The maximum CEUR.L drawdown since its inception was -28.63%, smaller than the maximum LCUK.L drawdown of -35.54%. Use the drawdown chart below to compare losses from any high point for CEUR.L and LCUK.L.

Loading charts...

Drawdown Indicators

CEUR.LLCUK.LDifference

Max Drawdown

Largest peak-to-trough decline

-28.63%

-35.54%

+6.91%

Max Drawdown (1Y)

Largest decline over 1 year

-11.05%

-9.13%

-1.92%

Max Drawdown (3Y)

Largest decline over 3 years

-12.66%

-12.65%

-0.01%

Max Drawdown (5Y)

Largest decline over 5 years

-17.85%

-12.65%

-5.20%

Max Drawdown (10Y)

Largest decline over 10 years

-28.63%

—

—

Current Drawdown

Current decline from peak

-1.52%

-3.98%

+2.46%

Average Drawdown

Average peak-to-trough decline

-4.58%

-4.97%

+0.39%

Ulcer Index

Depth and duration of drawdowns from previous peaks

3.17%

2.85%

+0.32%

Volatility

CEUR.L vs. LCUK.L - Volatility Comparison

Amundi MSCI Europe (CEUR.L) has a higher volatility of 4.25% compared to Lyxor Core UK Equity All Cap (DR) UCITS ETF - Dist (LCUK.L) at 3.76%. This indicates that CEUR.L's price experiences larger fluctuations and is considered to be riskier than LCUK.L based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Loading charts...

Volatility by Period

CEUR.LLCUK.LDifference

Volatility (1M)

Calculated over the trailing 1-month period

4.25%

3.76%

+0.49%

Volatility (6M)

Calculated over the trailing 6-month period

10.53%

10.20%

+0.33%

Volatility (1Y)

Calculated over the trailing 1-year period

12.44%

11.92%

+0.52%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

13.88%

12.97%

+0.91%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

14.97%

15.69%

-0.72%

CEUR.L vs. LCUK.L - Expense Ratio Comparison

CEUR.L has a 0.05% expense ratio, which is higher than LCUK.L's 0.04% 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

CEUR.L vs. LCUK.L - Dividend Comparison

Neither CEUR.L nor LCUK.L has paid dividends to shareholders.

PositionTTM2025202420232022202120202019
CEUR.L
Amundi MSCI Europe		0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%
LCUK.L
Lyxor Core UK Equity All Cap (DR) UCITS ETF - Dist		0.00%0.00%3.68%3.05%3.94%3.86%3.00%3.48%

Frequently Asked Questions

CEUR.L and LCUK.L have a correlation of 0.73, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

On fees, LCUK.L is cheaper at 0.04% per year. The better choice depends on whether you care most about return, fees, risk, or income.

LCUK.L is cheaper with a 0.04% expense ratio, compared with 0.05% for CEUR.L.

CEUR.L tracks MSCI Europe NR EUR, while LCUK.L tracks FTSE AllSh TR GBP. Their fees differ too: 0.05% for CEUR.L and 0.04% for LCUK.L.

Portfolio Optimizer

Find the right allocation for CEUR.L and LCUK.L

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