CUKX.L vs. MEUD.L

Last updated Jun 13, 2026

CUKX.L (iShares FTSE 100 UCITS ETF) and MEUD.L (Lyxor Core STOXX Europe 600 (DR) - UCITS ETF Acc) are both exchange-traded funds - CUKX.L is a fund fund tracking the FTSE 100 Index, while MEUD.L is a Europe Equities fund tracking the MSCI Europe NR EUR. Both are passively managed. Over the past 10 years, CUKX.L returned 9.82%/yr vs 11.01%/yr for MEUD.L. Their correlation of 0.85 suggests significant overlap in exposure. CUKX.L charges 0.07%/yr vs 0.15%/yr for MEUD.L.

Performance

CUKX.L vs. MEUD.L - Performance Comparison

The chart below illustrates the hypothetical performance of a £10,000 investment in iShares FTSE 100 UCITS ETF (CUKX.L) and Lyxor Core STOXX Europe 600 (DR) - UCITS ETF Acc (MEUD.L). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, CUKX.L achieves a 7.04% return, which is significantly lower than MEUD.L's 7.81% return. Over the past 10 years, CUKX.L has underperformed MEUD.L with an annualized return of 9.82%, while MEUD.L has yielded a comparatively higher 11.01% annualized return.

CUKX.L

• 1D: 1.55%
• 1M: 1.52%
• YTD: 7.04%
• 6M: 10.02%
• 1Y: 21.65%
• 3Y*: 15.22%
• 5Y*: 11.77%
• 10Y*: 9.82%

MEUD.L

• 1D: 1.76%
• 1M: 3.68%
• YTD: 7.81%
• 6M: 9.49%
• 1Y: 19.78%
• 3Y*: 14.48%
• 5Y*: 9.92%
• 10Y*: 11.01%

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

CUKX.L vs. MEUD.L - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
CUKX.L iShares FTSE 100 UCITS ETF	7.04%	25.78%	9.30%	7.72%	4.97%	17.48%	-11.28%	17.23%	-9.05%	12.45%
MEUD.L Lyxor Core STOXX Europe 600 (DR) - UCITS ETF Acc	7.81%	26.51%	3.65%	13.48%	-5.04%	17.06%	3.85%	20.40%	-9.59%	15.43%

Correlation

The correlation between CUKX.L and MEUD.L is 0.80, indicating a strong positive relationship between their price movements. Combining them offers limited diversification - they tend to fall together during downturns.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.80
Correlation (3Y) Calculated over the trailing 3-year period	0.81
Correlation (5Y) Calculated over the trailing 5-year period	0.82
Correlation (10Y) Calculated over the trailing 10-year period	0.85
Correlation (All Time) Calculated using the full available price history since Apr 3, 2013	0.85

The correlation between CUKX.L and MEUD.L has been stable across timeframes, ranging from 0.80 to 0.85 - a consistent structural relationship.

CUKX.L vs. MEUD.L - Sectors Allocation Comparison

Sectors	CUKX.L	MEUD.L
Financial Services	25.1%	23.9%
Industrials	14.0%	20.3%
Healthcare	13.5%	12.6%
Consumer Defensive	13.0%	7.7%
Energy	10.9%	5.3%
Basic Materials	9.1%	5.1%
Consumer Cyclical	5.1%	7.1%
Utilities	5.0%	4.4%
Communication Services	2.6%	3.0%
Real Estate	0.9%	1.2%
Technology	0.8%	9.4%

Return for Risk

CUKX.L vs. MEUD.L — Risk / Return Rank

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

CUKX.L

CUKX.L Risk / Return Rank: 64
CUKX.L Sharpe Ratio Rank: 69
CUKX.L Sortino Ratio Rank: 70
CUKX.L Omega Ratio Rank: 71
CUKX.L Calmar Ratio Rank: 55
CUKX.L Martin Ratio Rank: 53

MEUD.L

MEUD.L Risk / Return Rank: 50
MEUD.L Sharpe Ratio Rank: 53
MEUD.L Sortino Ratio Rank: 53
MEUD.L Omega Ratio Rank: 56
MEUD.L Calmar Ratio Rank: 43
MEUD.L Martin Ratio Rank: 46

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.

CUKX.L vs. MEUD.L - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for iShares FTSE 100 UCITS ETF (CUKX.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.

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.

	CUKX.L	MEUD.L	Difference
Sharpe ratio: Return per unit of total volatility	1.95	1.60	+0.35
Sortino ratio: Return per unit of downside risk	2.73	2.27	+0.46
Omega ratio: Gain probability vs. loss probability	1.36	1.30	+0.06
Calmar ratio: Return relative to maximum drawdown	2.42	1.87	+0.55
Martin ratio: Return relative to average drawdown	7.99	6.77	+1.22

CUKX.L vs. MEUD.L - Sharpe Ratio Comparison

The current CUKX.L Sharpe Ratio is 1.95, which is comparable to the MEUD.L Sharpe Ratio of 1.60. The chart below compares the historical Sharpe Ratios of CUKX.L and MEUD.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.

Drawdowns

CUKX.L vs. MEUD.L - Drawdown Comparison

The maximum CUKX.L drawdown since its inception was -34.50%, which is greater than MEUD.L's maximum drawdown of -28.57%. Use the drawdown chart below to compare losses from any high point for CUKX.L and MEUD.L.

Drawdown Indicators

	CUKX.L	MEUD.L	Difference
Max Drawdown Largest peak-to-trough decline	-34.50%	-28.57%	-5.93%
Max Drawdown (1Y) Largest decline over 1 year	-8.89%	-10.53%	+1.64%
Max Drawdown (3Y) Largest decline over 3 years	-12.88%	-12.61%	-0.27%
Max Drawdown (5Y) Largest decline over 5 years	-12.88%	-17.09%	+4.21%
Max Drawdown (10Y) Largest decline over 10 years	-34.50%	-28.57%	-5.93%
Current Drawdown Current decline from peak	-3.09%	-0.20%	-2.89%
Average Drawdown Average peak-to-trough decline	-4.32%	-6.89%	+2.57%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.70%	2.92%	-0.22%

Volatility

CUKX.L vs. MEUD.L - Volatility Comparison

iShares FTSE 100 UCITS ETF (CUKX.L) and Lyxor Core STOXX Europe 600 (DR) - UCITS ETF Acc (MEUD.L) have volatilities of 3.63% and 3.54%, 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.

Volatility by Period

	CUKX.L	MEUD.L	Difference
Volatility (1M) Calculated over the trailing 1-month period	3.63%	3.54%	+0.09%
Volatility (6M) Calculated over the trailing 6-month period	9.68%	10.39%	-0.71%
Volatility (1Y) Calculated over the trailing 1-year period	11.06%	12.31%	-1.25%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	12.73%	16.02%	-3.29%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	15.08%	16.93%	-1.85%

CUKX.L vs. MEUD.L - Expense Ratio Comparison

CUKX.L has a 0.07% expense ratio, which is lower than MEUD.L's 0.15% expense ratio. Despite the difference, both funds are considered low-cost compared to the broader market, where average expense ratios usually range from 0.3% to 0.9%.

Dividends

CUKX.L vs. MEUD.L - Dividend Comparison

Neither CUKX.L nor MEUD.L has paid dividends to shareholders.

Tickers have no history of dividend payments

Frequently Asked Questions

Can I hold both CUKX.L and MEUD.L in my portfolio?

CUKX.L and MEUD.L have a correlation of 0.80, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, CUKX.L or MEUD.L?

On fees, CUKX.L is cheaper at 0.07% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, CUKX.L or MEUD.L?

CUKX.L is cheaper with a 0.07% expense ratio, compared with 0.15% for MEUD.L.

What is the main difference between CUKX.L and MEUD.L?

CUKX.L tracks FTSE 100 Index, while MEUD.L tracks MSCI Europe NR EUR. They also come from different issuers: iShares and Amundi. Their fees differ too: 0.07% for CUKX.L and 0.15% for MEUD.L.