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EDIV.L vs. HDEU.L
Performance
Return for Risk
Drawdowns
Volatility
Dividends

EDIV.L vs. HDEU.L

Last updated Jun 5, 2026

EDIV.L (Lyxor S&P Eurozone ESG Dividend Aristocrats (DR) UCITS ETF - Acc) and HDEU.L (PowerShares EURO STOXX High Dividend Low Volatility UCITS) are both Europe Equities funds tracking the MSCI EMU NR EUR, from Amundi and Invesco respectively. Both are passively managed. Over the past 3 years, EDIV.L returned 11.74%/yr vs 20.33%/yr for HDEU.L. Their correlation of 0.82 suggests significant overlap in exposure. Both charge a 0.30% expense ratio.

Performance

EDIV.L vs. HDEU.L - Performance Comparison

The chart below illustrates the hypothetical performance of a £10,000 investment in Lyxor S&P Eurozone ESG Dividend Aristocrats (DR) UCITS ETF - Acc (EDIV.L) and PowerShares EURO STOXX High Dividend Low Volatility UCITS (HDEU.L). The values are adjusted to include any dividend payments, if applicable.

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Different Trading Currencies

EDIV.L is traded in GBP, while HDEU.L is traded in EUR. To make them comparable, the HDEU.L values have been converted to GBP using the latest available exchange rates.

Returns By Period

In the year-to-date period, EDIV.L achieves a 4.01% return, which is significantly lower than HDEU.L's 9.45% return.

EDIV.L

1D
0.35%
1M
-0.15%
YTD
4.01%
6M
5.33%
1Y
8.63%
3Y*
11.74%
5Y*
—
10Y*
—

HDEU.L

1D
-0.17%
1M
0.90%
YTD
9.45%
6M
11.03%
1Y
24.34%
3Y*
20.33%
5Y*
12.89%
10Y*
9.21%
*Multi-year figures are annualized to reflect compound growth (CAGR)

EDIV.L vs. HDEU.L - Yearly Performance Comparison

2026 (YTD)20252024202320222021
EDIV.L
Lyxor S&P Eurozone ESG Dividend Aristocrats (DR) UCITS ETF - Acc		4.01%22.12%4.15%13.54%-8.59%-2.44%
HDEU.L
PowerShares EURO STOXX High Dividend Low Volatility UCITS		9.45%43.14%5.17%11.31%-3.49%0.33%

Correlation

The correlation between EDIV.L and HDEU.L is 0.77, 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

0.77

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

0.80

Correlation (All Time)
Calculated using the full available price history since Sep 1, 2021

0.82

The correlation between EDIV.L and HDEU.L has been stable across timeframes, ranging from 0.77 to 0.82 - a consistent structural relationship.

EDIV.L vs. HDEU.L - Sectors Allocation Comparison

Sectors
EDIV.L
HDEU.L

Financial Services

24.7%
35.6%

Industrials

19.6%
3.7%

Utilities

17.6%
12.1%

Healthcare

8.6%
0.0%

Consumer Defensive

7.6%
3.7%

Communication Services

7.0%
6.3%

Basic Materials

6.7%
9.9%

Technology

3.8%

-

Consumer Cyclical

1.8%
10.2%

Energy

1.6%
6.9%

Real Estate

1.1%
11.5%

Financial Services

EDIV.L
24.7%
HDEU.L
35.6%

Industrials

EDIV.L
19.6%
HDEU.L
3.7%

Utilities

EDIV.L
17.6%
HDEU.L
12.1%

Healthcare

EDIV.L
8.6%
HDEU.L
0.0%

Consumer Defensive

EDIV.L
7.6%
HDEU.L
3.7%

Communication Services

EDIV.L
7.0%
HDEU.L
6.3%

Basic Materials

EDIV.L
6.7%
HDEU.L
9.9%

Technology

EDIV.L
3.8%
HDEU.L

-

Consumer Cyclical

EDIV.L
1.8%
HDEU.L
10.2%

Energy

EDIV.L
1.6%
HDEU.L
6.9%

Real Estate

EDIV.L
1.1%
HDEU.L
11.5%

Compare stocks, funds, or ETFs

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

Lyxor S&P Eurozone ESG Dividend Aristocrats (DR) UCITS ETF - Acc

PowerShares EURO STOXX High Dividend Low Volatility UCITS

Often compared with EDIV.L:
EDIV.L vs. PRUK.LEDIV.L vs. MIVO.LEDIV.L vs. EUDV.LEDIV.L vs. LCPE.LEDIV.L vs. MMS.LEDIV.L vs. CS1.LEDIV.L vs. EEIP.L
Often compared with HDEU.L:
HDEU.L vs. EUN0.DEHDEU.L vs. GLDHDEU.L vs. VDIV.DEHDEU.L vs. WINC.ASHDEU.L vs. ISPA.DEHDEU.L vs. H50E.LHDEU.L vs. EUNK.DE

Return for Risk

EDIV.L vs. HDEU.L — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.
EDIV.L
EDIV.L Risk / Return Rank: 2323
Overall Rank
EDIV.L Sharpe Ratio Rank: 2424
Sharpe Ratio Rank
EDIV.L Sortino Ratio Rank: 2222
Sortino Ratio Rank
EDIV.L Omega Ratio Rank: 2222
Omega Ratio Rank
EDIV.L Calmar Ratio Rank: 2222
Calmar Ratio Rank
EDIV.L Martin Ratio Rank: 2424
Martin Ratio Rank
HDEU.L
HDEU.L Risk / Return Rank: 6464
Overall Rank
HDEU.L Sharpe Ratio Rank: 6363
Sharpe Ratio Rank
HDEU.L Sortino Ratio Rank: 5858
Sortino Ratio Rank
HDEU.L Omega Ratio Rank: 6464
Omega Ratio Rank
HDEU.L Calmar Ratio Rank: 7272
Calmar Ratio Rank
HDEU.L Martin Ratio Rank: 6464
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.

EDIV.L vs. HDEU.L - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Lyxor S&P Eurozone ESG Dividend Aristocrats (DR) UCITS ETF - Acc (EDIV.L) and PowerShares EURO STOXX High Dividend Low Volatility UCITS (HDEU.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.

EDIV.LHDEU.LDifference
Sharpe ratioReturn per unit of total volatility
0.80
2.30

-1.51

Sortino ratioReturn per unit of downside risk
1.13
3.07

-1.95

Omega ratioGain probability vs. loss probability

1.15

1.43

-0.28

Calmar ratioReturn relative to maximum drawdown

0.97

3.38

-2.42

Martin ratioReturn relative to average drawdown

3.14

11.58

-8.44

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

EDIV.L vs. HDEU.L - Sharpe Ratio Comparison

The current EDIV.L Sharpe Ratio is 0.80, which is lower than the HDEU.L Sharpe Ratio of 2.30. The chart below compares the historical Sharpe Ratios of EDIV.L and HDEU.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.

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Sharpe Ratios by Period

EDIV.LHDEU.LDifference

Sharpe Ratio (1Y)

Calculated over the trailing 1-year period

0.80

2.30

-1.51

Sharpe Ratio (5Y)

Calculated over the trailing 5-year period

—

0.92

—

Sharpe Ratio (10Y)

Calculated over the trailing 10-year period

—

0.58

—

Sharpe Ratio (All Time)

Calculated using the full available price history

0.45

0.60

-0.15

Drawdowns

EDIV.L vs. HDEU.L - Drawdown Comparison

The maximum EDIV.L drawdown since its inception was -22.80%, smaller than the maximum HDEU.L drawdown of -35.89%. Use the drawdown chart below to compare losses from any high point for EDIV.L and HDEU.L.

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Drawdown Indicators

EDIV.LHDEU.LDifference

Max Drawdown

Largest peak-to-trough decline

-22.80%

-35.89%

+13.09%

Max Drawdown (1Y)

Largest decline over 1 year

-8.91%

-7.16%

-1.75%

Max Drawdown (3Y)

Largest decline over 3 years

-10.13%

-11.63%

+1.50%

Max Drawdown (5Y)

Largest decline over 5 years

—

-19.85%

—

Max Drawdown (10Y)

Largest decline over 10 years

—

-35.89%

—

Current Drawdown

Current decline from peak

-3.96%

-2.02%

-1.94%

Average Drawdown

Average peak-to-trough decline

-5.26%

-5.39%

+0.13%

Ulcer Index

Depth and duration of drawdowns from previous peaks

2.74%

2.10%

+0.64%

Volatility

EDIV.L vs. HDEU.L - Volatility Comparison

The current volatility for Lyxor S&P Eurozone ESG Dividend Aristocrats (DR) UCITS ETF - Acc (EDIV.L) is 3.03%, while PowerShares EURO STOXX High Dividend Low Volatility UCITS (HDEU.L) has a volatility of 3.24%. This indicates that EDIV.L experiences smaller price fluctuations and is considered to be less risky than HDEU.L based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

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Volatility by Period

EDIV.LHDEU.LDifference

Volatility (1M)

Calculated over the trailing 1-month period

3.03%

3.24%

-0.21%

Volatility (6M)

Calculated over the trailing 6-month period

8.95%

8.18%

+0.77%

Volatility (1Y)

Calculated over the trailing 1-year period

10.82%

10.52%

+0.30%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

14.01%

13.95%

+0.06%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

14.01%

16.05%

-2.04%

EDIV.L vs. HDEU.L - Expense Ratio Comparison

Both EDIV.L and HDEU.L have an expense ratio of 0.30%.

Dividends

EDIV.L vs. HDEU.L - Dividend Comparison

EDIV.L has not paid dividends to shareholders, while HDEU.L's dividend yield for the trailing twelve months is around 3.98%.

PositionTTM2025202420232022202120202019201820172016
EDIV.L
Lyxor S&P Eurozone ESG Dividend Aristocrats (DR) UCITS ETF - Acc		0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%
HDEU.L
PowerShares EURO STOXX High Dividend Low Volatility UCITS		3.98%4.71%5.77%5.56%5.60%4.21%3.04%4.50%4.38%3.44%3.59%

Frequently Asked Questions

EDIV.L and HDEU.L have a correlation of 0.77, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Both ETFs have the same 0.30% expense ratio. The better choice depends on whether you care most about return, fees, risk, or income.

EDIV.L and HDEU.L have the same expense ratio: 0.30% per year.

Both ETFs track MSCI EMU NR EUR. They also come from different issuers: Amundi and Invesco.

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