FRNU.DE vs. GOAI.DE
FRNU.DE (Amundi Floating Rate USD Corporate ESG UCITS ETF USD) and GOAI.DE (Amundi MSCI Robotics & AI ESG Screened UCITS ETF Acc) are both exchange-traded funds - FRNU.DE is a Corporate Bonds fund tracking the iBoxx MSCI ESG USD FRN Investment Grade Corporates, while GOAI.DE is a Robotics fund tracking the MSCI ACWI IMI Robotics & AI ESG Filtered. Both are passively managed. Over the past 5 years, FRNU.DE returned 5.15%/yr vs 13.12%/yr for GOAI.DE. At a 0.05 correlation, their price movements are largely independent. FRNU.DE charges 0.18%/yr vs 0.35%/yr for GOAI.DE.
Performance
FRNU.DE vs. GOAI.DE - Performance Comparison
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Returns By Period
In the year-to-date period, FRNU.DE achieves a 3.11% return, which is significantly lower than GOAI.DE's 28.31% return.
FRNU.DE
- 1D
- -0.07%
- 1M
- 1.57%
- YTD
- 3.11%
- 6M
- 2.36%
- 1Y
- 3.47%
- 3Y*
- 2.89%
- 5Y*
- 5.15%
- 10Y*
- 2.93%
GOAI.DE
- 1D
- -1.22%
- 1M
- 15.52%
- YTD
- 28.31%
- 6M
- 25.43%
- 1Y
- 46.38%
- 3Y*
- 21.99%
- 5Y*
- 13.12%
- 10Y*
- —
FRNU.DE vs. GOAI.DE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | |
|---|---|---|---|---|---|---|---|---|---|
FRNU.DE Amundi Floating Rate USD Corporate ESG UCITS ETF USD | 3.11% | -6.55% | 12.73% | 2.79% | 7.34% | 8.64% | -7.76% | 7.65% | -2.15% |
GOAI.DE Amundi MSCI Robotics & AI ESG Screened UCITS ETF Acc | 28.31% | 6.11% | 21.03% | 26.97% | -21.63% | 32.03% | 16.95% | 33.68% | -4.93% |
Correlation
The correlation between FRNU.DE and GOAI.DE is 0.13, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.13 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.13 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.01 |
Correlation (All Time) Calculated using the full available price history since Oct 31, 2018 | 0.05 |
The correlation between FRNU.DE and GOAI.DE shifts across timeframes, from 0.01 (5 years) to 0.13 (1 year), reflecting how their relationship changes across market environments.
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Return for Risk
FRNU.DE vs. GOAI.DE — Risk / Return Rank
FRNU.DE
GOAI.DE
FRNU.DE vs. GOAI.DE - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Amundi Floating Rate USD Corporate ESG UCITS ETF USD (FRNU.DE) and Amundi MSCI Robotics & AI ESG Screened UCITS ETF Acc (GOAI.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.
| FRNU.DE | GOAI.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -1.82 | ||
| Sortino ratioReturn per unit of downside risk | -2.35 | ||
| Omega ratioGain probability vs. loss probability | 1.10 | 1.41 | -0.31 |
| Calmar ratioReturn relative to maximum drawdown | 1.03 | 3.27 | -2.24 |
| Martin ratioReturn relative to average drawdown | 2.13 | 8.82 | -6.69 |
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
| FRNU.DE | GOAI.DE | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 0.55 | 2.37 | -1.82 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.67 | 0.66 | +0.01 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.39 | — | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.32 | 0.82 | -0.50 |
Drawdowns
FRNU.DE vs. GOAI.DE - Drawdown Comparison
The maximum FRNU.DE drawdown since its inception was -14.79%, smaller than the maximum GOAI.DE drawdown of -34.25%. Use the drawdown chart below to compare losses from any high point for FRNU.DE and GOAI.DE.
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Drawdown Indicators
| FRNU.DE | GOAI.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -14.79% | -34.25% | +19.46% |
Max Drawdown (1Y)Largest decline over 1 year | -3.25% | -14.45% | +11.20% |
Max Drawdown (3Y)Largest decline over 3 years | -11.40% | -28.67% | +17.27% |
Max Drawdown (5Y)Largest decline over 5 years | -11.40% | -28.67% | +17.27% |
Max Drawdown (10Y)Largest decline over 10 years | -14.79% | — | — |
Current DrawdownCurrent decline from peak | -6.01% | -1.69% | -4.32% |
Average DrawdownAverage peak-to-trough decline | -5.47% | -7.17% | +1.70% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.58% | 5.37% | -3.79% |
Volatility
FRNU.DE vs. GOAI.DE - Volatility Comparison
The current volatility for Amundi Floating Rate USD Corporate ESG UCITS ETF USD (FRNU.DE) is 1.33%, while Amundi MSCI Robotics & AI ESG Screened UCITS ETF Acc (GOAI.DE) has a volatility of 6.79%. This indicates that FRNU.DE experiences smaller price fluctuations and is considered to be less risky than GOAI.DE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| FRNU.DE | GOAI.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 1.33% | 6.79% | -5.46% |
Volatility (6M)Calculated over the trailing 6-month period | 4.19% | 14.95% | -10.76% |
Volatility (1Y)Calculated over the trailing 1-year period | 6.12% | 19.95% | -13.83% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 7.60% | 19.64% | -12.04% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 7.50% | 20.21% | -12.71% |
FRNU.DE vs. GOAI.DE - Expense Ratio Comparison
FRNU.DE has a 0.18% expense ratio, which is lower than GOAI.DE's 0.35% expense ratio.
Dividends
FRNU.DE vs. GOAI.DE - Dividend Comparison
Neither FRNU.DE nor GOAI.DE has paid dividends to shareholders.
Frequently Asked Questions
FRNU.DE and GOAI.DE have a correlation of 0.13, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, FRNU.DE is cheaper at 0.18% per year. The better choice depends on whether you care most about return, fees, risk, or income.
FRNU.DE is cheaper with a 0.18% expense ratio, compared with 0.35% for GOAI.DE.
FRNU.DE is categorized as Corporate Bonds, while GOAI.DE is Robotics. FRNU.DE tracks iBoxx MSCI ESG USD FRN Investment Grade Corporates, while GOAI.DE tracks MSCI ACWI IMI Robotics & AI ESG Filtered. Their fees differ too: 0.18% for FRNU.DE and 0.35% for GOAI.DE.
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