EMEH.DE vs. CU2G.L
EMEH.DE (BNP Paribas Easy Energy & Metals Enhanced Roll UCITS ETF EUR) and CU2G.L (Amundi MSCI USA UCITS USD) are both exchange-traded funds - EMEH.DE is a Commodities fund tracking the BNP Paribas Energy & Metals Enhanced Roll (EUR Hedged), while CU2G.L is a Large Cap Blend Equities fund tracking the Russell 1000 TR USD. Both are passively managed. Over the past 5 years, EMEH.DE returned 11.35%/yr vs 13.00%/yr for CU2G.L. At a 0.14 correlation, their price movements are largely independent. EMEH.DE charges 0.39%/yr vs 0.18%/yr for CU2G.L.
Performance
EMEH.DE vs. CU2G.L - Performance Comparison
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Different Trading Currencies
EMEH.DE is traded in EUR, while CU2G.L is traded in GBp. To make them comparable, the CU2G.L values have been converted to EUR using the latest available exchange rates.
Returns By Period
In the year-to-date period, EMEH.DE achieves a 21.33% return, which is significantly higher than CU2G.L's 13.64% return.
EMEH.DE
- 1D
- -0.55%
- 1M
- 0.49%
- YTD
- 21.33%
- 6M
- 22.74%
- 1Y
- 43.19%
- 3Y*
- 16.63%
- 5Y*
- 11.35%
- 10Y*
- —
CU2G.L
- 1D
- 0.35%
- 1M
- 6.06%
- YTD
- 13.64%
- 6M
- 13.19%
- 1Y
- 25.99%
- 3Y*
- 16.64%
- 5Y*
- 13.00%
- 10Y*
- 14.21%
EMEH.DE vs. CU2G.L - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
EMEH.DE BNP Paribas Easy Energy & Metals Enhanced Roll UCITS ETF EUR | 21.33% | 25.40% | 6.63% | -12.26% | 11.15% | 27.11% | -4.42% | 7.62% | -90.10% | 4.93% |
CU2G.L Amundi MSCI USA UCITS USD | 13.64% | 0.82% | 27.16% | 22.65% | -15.24% | 37.55% | 10.10% | 34.86% | -1.72% | 4.50% |
Correlation
The correlation between EMEH.DE and CU2G.L is -0.12, meaning they tend to move in opposite directions. This is especially valuable for risk management - when one declines, the other has historically tended to hold steady or rise.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | -0.12 |
Correlation (3Y) Calculated over the trailing 3-year period | -0.00 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.10 |
Correlation (All Time) Calculated using the full available price history since Oct 11, 2017 | 0.14 |
The correlation between EMEH.DE and CU2G.L shifts across timeframes, from -0.12 (1 year) to 0.14 (all time), reflecting how their relationship changes across market environments.
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Return for Risk
EMEH.DE vs. CU2G.L — Risk / Return Rank
EMEH.DE
CU2G.L
EMEH.DE vs. CU2G.L - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for BNP Paribas Easy Energy & Metals Enhanced Roll UCITS ETF EUR (EMEH.DE) and Amundi MSCI USA UCITS USD (CU2G.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.
| EMEH.DE | CU2G.L | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.43 | ||
| Sortino ratioReturn per unit of downside risk | +0.20 | ||
| Omega ratioGain probability vs. loss probability | 1.45 | 1.37 | +0.09 |
| Calmar ratioReturn relative to maximum drawdown | 4.95 | 2.57 | +2.39 |
| Martin ratioReturn relative to average drawdown | 14.34 | 9.00 | +5.34 |
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
| EMEH.DE | CU2G.L | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 2.47 | 2.04 | +0.43 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.64 | 0.85 | -0.20 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | — | 0.88 | — |
Sharpe Ratio (All Time)Calculated using the full available price history | -0.48 | 0.90 | -1.38 |
Drawdowns
EMEH.DE vs. CU2G.L - Drawdown Comparison
The maximum EMEH.DE drawdown since its inception was -92.42%, which is greater than CU2G.L's maximum drawdown of -33.34%. Use the drawdown chart below to compare losses from any high point for EMEH.DE and CU2G.L.
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Drawdown Indicators
| EMEH.DE | CU2G.L | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -92.42% | -33.34% | -59.08% |
Max Drawdown (1Y)Largest decline over 1 year | -8.89% | -9.98% | +1.09% |
Max Drawdown (3Y)Largest decline over 3 years | -12.28% | -22.91% | +10.63% |
Max Drawdown (5Y)Largest decline over 5 years | -32.73% | -22.91% | -9.82% |
Max Drawdown (10Y)Largest decline over 10 years | — | -33.34% | — |
Current DrawdownCurrent decline from peak | -80.34% | 0.00% | -80.34% |
Average DrawdownAverage peak-to-trough decline | -81.38% | -4.47% | -76.91% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 3.08% | 2.86% | +0.22% |
Volatility
EMEH.DE vs. CU2G.L - Volatility Comparison
BNP Paribas Easy Energy & Metals Enhanced Roll UCITS ETF EUR (EMEH.DE) has a higher volatility of 4.15% compared to Amundi MSCI USA UCITS USD (CU2G.L) at 2.87%. This indicates that EMEH.DE's price experiences larger fluctuations and is considered to be riskier than CU2G.L based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| EMEH.DE | CU2G.L | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 4.15% | 2.87% | +1.28% |
Volatility (6M)Calculated over the trailing 6-month period | 15.95% | 8.76% | +7.19% |
Volatility (1Y)Calculated over the trailing 1-year period | 17.83% | 12.57% | +5.26% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 17.50% | 15.37% | +2.13% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 34.16% | 16.32% | +17.84% |
EMEH.DE vs. CU2G.L - Expense Ratio Comparison
EMEH.DE has a 0.39% expense ratio, which is higher than CU2G.L's 0.18% expense ratio.
Dividends
EMEH.DE vs. CU2G.L - Dividend Comparison
Neither EMEH.DE nor CU2G.L has paid dividends to shareholders.
Frequently Asked Questions
EMEH.DE and CU2G.L have a correlation of -0.12, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, CU2G.L is cheaper at 0.18% per year. The better choice depends on whether you care most about return, fees, risk, or income.
CU2G.L is cheaper with a 0.18% expense ratio, compared with 0.39% for EMEH.DE.
EMEH.DE is categorized as Commodities, while CU2G.L is Large Cap Blend Equities. EMEH.DE tracks BNP Paribas Energy & Metals Enhanced Roll (EUR Hedged), while CU2G.L tracks Russell 1000 TR USD. They also come from different issuers: BNP Paribas and Amundi. Their fees differ too: 0.39% for EMEH.DE and 0.18% for CU2G.L.
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