DEAM.DE vs. 6AQQ.DE
Compare and contrast key facts about Invesco MDAX UCITS ETF A (DEAM.DE) and Amundi Nasdaq 100 UCITS ETF EUR (6AQQ.DE).
DEAM.DE and 6AQQ.DE are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. DEAM.DE is a passively managed fund by Invesco that tracks the performance of the MDAX®. It was launched on Feb 11, 2019. 6AQQ.DE is a passively managed fund by Amundi that tracks the performance of the Nasdaq 100®. It was launched on Apr 18, 2018. Both DEAM.DE and 6AQQ.DE 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: DEAM.DE or 6AQQ.DE.
Correlation
The correlation between DEAM.DE and 6AQQ.DE is 0.66, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.
Performance
DEAM.DE vs. 6AQQ.DE - Performance Comparison
Key characteristics
DEAM.DE:
0.40
6AQQ.DE:
1.60
DEAM.DE:
0.64
6AQQ.DE:
2.17
DEAM.DE:
1.07
6AQQ.DE:
1.30
DEAM.DE:
0.15
6AQQ.DE:
2.07
DEAM.DE:
0.99
6AQQ.DE:
6.83
DEAM.DE:
5.43%
6AQQ.DE:
4.10%
DEAM.DE:
13.48%
6AQQ.DE:
17.44%
DEAM.DE:
-40.04%
6AQQ.DE:
-31.19%
DEAM.DE:
-25.90%
6AQQ.DE:
-0.42%
Returns By Period
In the year-to-date period, DEAM.DE achieves a 6.53% return, which is significantly higher than 6AQQ.DE's 3.30% return.
DEAM.DE
6.53%
4.89%
8.89%
5.42%
-1.62%
N/A
6AQQ.DE
3.30%
1.83%
18.60%
30.93%
19.65%
19.41%
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DEAM.DE vs. 6AQQ.DE - Expense Ratio Comparison
DEAM.DE has a 0.19% expense ratio, which is lower than 6AQQ.DE's 0.23% 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%.
Risk-Adjusted Performance
DEAM.DE vs. 6AQQ.DE — Risk-Adjusted Performance Rank
DEAM.DE
6AQQ.DE
DEAM.DE vs. 6AQQ.DE - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Invesco MDAX UCITS ETF A (DEAM.DE) and Amundi Nasdaq 100 UCITS ETF EUR (6AQQ.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.
Dividends
DEAM.DE vs. 6AQQ.DE - Dividend Comparison
Neither DEAM.DE nor 6AQQ.DE has paid dividends to shareholders.
Drawdowns
DEAM.DE vs. 6AQQ.DE - Drawdown Comparison
The maximum DEAM.DE drawdown since its inception was -40.04%, which is greater than 6AQQ.DE's maximum drawdown of -31.19%. Use the drawdown chart below to compare losses from any high point for DEAM.DE and 6AQQ.DE. For additional features, visit the drawdowns tool.
Volatility
DEAM.DE vs. 6AQQ.DE - Volatility Comparison
The current volatility for Invesco MDAX UCITS ETF A (DEAM.DE) is 4.17%, while Amundi Nasdaq 100 UCITS ETF EUR (6AQQ.DE) has a volatility of 5.55%. This indicates that DEAM.DE experiences smaller price fluctuations and is considered to be less risky than 6AQQ.DE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.