EABE.DE vs. FTGE.DE
EABE.DE (Lyxor Net Zero 2050 S&P Europe Climate PAB (DR) UCITS ETF - Acc) and FTGE.DE (First Trust Eurozone AlphaDEX UCITS ETF Acc) are both Europe Equities funds - EABE.DE tracks the MSCI Europe NR EUR while FTGE.DE tracks the Nasdaq AlphaDEX® Eurozone. Both are passively managed. Over the past year, EABE.DE returned 11.17% vs 29.62% for FTGE.DE. A 0.74 correlation means they provide meaningful diversification when combined. EABE.DE charges 0.18%/yr vs 0.65%/yr for FTGE.DE.
Performance
EABE.DE vs. FTGE.DE - Performance Comparison
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Returns By Period
In the year-to-date period, EABE.DE achieves a 6.30% return, which is significantly lower than FTGE.DE's 13.73% return.
EABE.DE
- 1D
- 0.58%
- 1M
- 1.12%
- YTD
- 6.30%
- 6M
- 8.61%
- 1Y
- 11.17%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
FTGE.DE
- 1D
- 0.51%
- 1M
- 0.87%
- YTD
- 13.73%
- 6M
- 16.65%
- 1Y
- 29.62%
- 3Y*
- 22.56%
- 5Y*
- 11.59%
- 10Y*
- —
EABE.DE vs. FTGE.DE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | |
|---|---|---|---|
EABE.DE Lyxor Net Zero 2050 S&P Europe Climate PAB (DR) UCITS ETF - Acc | 6.30% | 14.64% | 6.05% |
FTGE.DE First Trust Eurozone AlphaDEX UCITS ETF Acc | 13.73% | 39.79% | 10.12% |
Correlation
The correlation between EABE.DE and FTGE.DE is 0.80, 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 | 0.80 |
Correlation (All Time) Calculated using the full available price history since Feb 12, 2024 | 0.74 |
The correlation between EABE.DE and FTGE.DE has been stable across timeframes, ranging from 0.74 to 0.80 - a consistent structural relationship.
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Return for Risk
EABE.DE vs. FTGE.DE — Risk / Return Rank
EABE.DE
FTGE.DE
EABE.DE vs. FTGE.DE - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Lyxor Net Zero 2050 S&P Europe Climate PAB (DR) UCITS ETF - Acc (EABE.DE) and First Trust Eurozone AlphaDEX UCITS ETF Acc (FTGE.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.
| EABE.DE | FTGE.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -1.28 | ||
| Sortino ratioReturn per unit of downside risk | -1.63 | ||
| Omega ratioGain probability vs. loss probability | 1.17 | 1.40 | -0.23 |
| Calmar ratioReturn relative to maximum drawdown | 1.14 | 3.27 | -2.13 |
| Martin ratioReturn relative to average drawdown | 3.88 | 12.30 | -8.42 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| EABE.DE | FTGE.DE | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 0.88 | 2.16 | -1.28 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | — | 0.65 | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.84 | 0.88 | -0.04 |
Drawdowns
EABE.DE vs. FTGE.DE - Drawdown Comparison
The maximum EABE.DE drawdown since its inception was -15.99%, smaller than the maximum FTGE.DE drawdown of -26.63%. Use the drawdown chart below to compare losses from any high point for EABE.DE and FTGE.DE.
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Drawdown Indicators
| EABE.DE | FTGE.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -15.99% | -26.63% | +10.64% |
Max Drawdown (1Y)Largest decline over 1 year | -10.45% | -9.38% | -1.07% |
Max Drawdown (3Y)Largest decline over 3 years | — | -16.12% | — |
Max Drawdown (5Y)Largest decline over 5 years | — | -26.63% | — |
Current DrawdownCurrent decline from peak | -1.64% | 0.00% | -1.64% |
Average DrawdownAverage peak-to-trough decline | -2.28% | -5.40% | +3.12% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 3.04% | 2.50% | +0.54% |
Volatility
EABE.DE vs. FTGE.DE - Volatility Comparison
Lyxor Net Zero 2050 S&P Europe Climate PAB (DR) UCITS ETF - Acc (EABE.DE) has a higher volatility of 4.52% compared to First Trust Eurozone AlphaDEX UCITS ETF Acc (FTGE.DE) at 3.83%. This indicates that EABE.DE's price experiences larger fluctuations and is considered to be riskier than FTGE.DE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| EABE.DE | FTGE.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 4.52% | 3.83% | +0.69% |
Volatility (6M)Calculated over the trailing 6-month period | 11.18% | 11.63% | -0.45% |
Volatility (1Y)Calculated over the trailing 1-year period | 13.64% | 14.23% | -0.59% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 13.91% | 17.58% | -3.67% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 13.91% | 18.41% | -4.50% |
EABE.DE vs. FTGE.DE - Expense Ratio Comparison
EABE.DE has a 0.18% expense ratio, which is lower than FTGE.DE's 0.65% expense ratio.
Dividends
EABE.DE vs. FTGE.DE - Dividend Comparison
Neither EABE.DE nor FTGE.DE has paid dividends to shareholders.
Frequently Asked Questions
EABE.DE and FTGE.DE 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.
On fees, EABE.DE is cheaper at 0.18% per year. The better choice depends on whether you care most about return, fees, risk, or income.
EABE.DE is cheaper with a 0.18% expense ratio, compared with 0.65% for FTGE.DE.
EABE.DE tracks MSCI Europe NR EUR, while FTGE.DE tracks Nasdaq AlphaDEX® Eurozone. They also come from different issuers: Amundi and First Trust. Their fees differ too: 0.18% for EABE.DE and 0.65% for FTGE.DE.
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