GC40.DE vs. PUST.PA

Last updated Jun 5, 2026

GC40.DE (Amundi CAC 40 ESG UCITS ETF - EUR) and PUST.PA (Amundi PEA Nasdaq-100 UCITS ETF Acc) are both exchange-traded funds - GC40.DE is a Europe Equities fund tracking the CAC 40® ESG, while PUST.PA is a Nasdaq-100 fund tracking the NASDAQ-100 Index. Both are passively managed. Over the past 10 years, GC40.DE returned 9.36%/yr vs 21.21%/yr for PUST.PA. A 0.56 correlation means they provide meaningful diversification when combined. GC40.DE charges 0.25%/yr vs 0.30%/yr for PUST.PA.

Performance

GC40.DE vs. PUST.PA - Performance Comparison

The chart below illustrates the hypothetical performance of a €10,000 investment in Amundi CAC 40 ESG UCITS ETF - EUR (GC40.DE) and Amundi PEA Nasdaq-100 UCITS ETF Acc (PUST.PA). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, GC40.DE achieves a 0.95% return, which is significantly lower than PUST.PA's 20.88% return. Over the past 10 years, GC40.DE has underperformed PUST.PA with an annualized return of 9.36%, while PUST.PA has yielded a comparatively higher 21.21% annualized return.

GC40.DE

• 1D: 1.36%
• 1M: 3.87%
• YTD: 0.95%
• 6M: 1.40%
• 1Y: 5.23%
• 3Y*: 7.56%
• 5Y*: 7.78%
• 10Y*: 9.36%

PUST.PA

• 1D: -0.83%
• 1M: 9.29%
• YTD: 20.88%
• 6M: 19.27%
• 1Y: 37.45%
• 3Y*: 24.32%
• 5Y*: 18.55%
• 10Y*: 21.21%

*Multi-year figures are annualized to reflect compound growth (CAGR)

GC40.DE vs. PUST.PA - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
GC40.DE Amundi CAC 40 ESG UCITS ETF - EUR	0.95%	15.22%	2.62%	20.63%	-8.91%	30.85%	-4.80%	32.50%	-9.74%	13.31%
PUST.PA Amundi PEA Nasdaq-100 UCITS ETF Acc	20.88%	5.71%	35.33%	50.06%	-29.76%	38.74%	36.04%	40.41%	4.65%	16.05%

Correlation

The correlation between GC40.DE and PUST.PA is 0.41, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.41
Correlation (3Y) Calculated over the trailing 3-year period	0.41
Correlation (5Y) Calculated over the trailing 5-year period	0.51
Correlation (10Y) Calculated over the trailing 10-year period	0.54
Correlation (All Time) Calculated using the full available price history since Jun 6, 2014	0.56

The correlation between GC40.DE and PUST.PA shifts across timeframes, from 0.41 (3 years) to 0.56 (all time), reflecting how their relationship changes across market environments.

Return for Risk

GC40.DE vs. PUST.PA — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

GC40.DE

GC40.DE Risk / Return Rank: 14
GC40.DE Sharpe Ratio Rank: 14
GC40.DE Sortino Ratio Rank: 14
GC40.DE Omega Ratio Rank: 14
GC40.DE Calmar Ratio Rank: 14
GC40.DE Martin Ratio Rank: 15

PUST.PA

PUST.PA Risk / Return Rank: 70
PUST.PA Sharpe Ratio Rank: 74
PUST.PA Sortino Ratio Rank: 71
PUST.PA Omega Ratio Rank: 71
PUST.PA Calmar Ratio Rank: 74
PUST.PA Martin Ratio Rank: 61

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.

GC40.DE vs. PUST.PA - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Amundi CAC 40 ESG UCITS ETF - EUR (GC40.DE) and Amundi PEA Nasdaq-100 UCITS ETF Acc (PUST.PA). 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.

	GC40.DE	PUST.PA	Difference
Sharpe ratio: Return per unit of total volatility	0.34	2.37	-2.03
Sortino ratio: Return per unit of downside risk	0.61	3.15	-2.54
Omega ratio: Gain probability vs. loss probability	1.07	1.42	-0.35
Calmar ratio: Return relative to maximum drawdown	0.41	3.66	-3.25
Martin ratio: Return relative to average drawdown	1.24	10.77	-9.53
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

GC40.DE vs. PUST.PA - Sharpe Ratio Comparison

The current GC40.DE Sharpe Ratio is 0.34, which is lower than the PUST.PA Sharpe Ratio of 2.37. The chart below compares the historical Sharpe Ratios of GC40.DE and PUST.PA, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Sharpe Ratios by Period

	GC40.DE	PUST.PA	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	0.34	2.37	-2.03
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.45	0.92	-0.47
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.52	1.06	-0.54
Sharpe Ratio (All Time) Calculated using the full available price history	0.44	1.04	-0.60

Drawdowns

GC40.DE vs. PUST.PA - Drawdown Comparison

The maximum GC40.DE drawdown since its inception was -38.73%, which is greater than PUST.PA's maximum drawdown of -31.40%. Use the drawdown chart below to compare losses from any high point for GC40.DE and PUST.PA.

Drawdown Indicators

	GC40.DE	PUST.PA	Difference
Max Drawdown Largest peak-to-trough decline	-38.73%	-31.40%	-7.33%
Max Drawdown (1Y) Largest decline over 1 year	-12.68%	-10.09%	-2.59%
Max Drawdown (3Y) Largest decline over 3 years	-15.90%	-26.80%	+10.90%
Max Drawdown (5Y) Largest decline over 5 years	-22.17%	-31.40%	+9.23%
Max Drawdown (10Y) Largest decline over 10 years	-38.73%	-31.40%	-7.33%
Current Drawdown Current decline from peak	-2.92%	-0.83%	-2.09%
Average Drawdown Average peak-to-trough decline	-6.59%	-5.88%	-0.71%
Ulcer Index Depth and duration of drawdowns from previous peaks	4.22%	3.45%	+0.77%

Volatility

GC40.DE vs. PUST.PA - Volatility Comparison

Amundi CAC 40 ESG UCITS ETF - EUR (GC40.DE) has a higher volatility of 4.84% compared to Amundi PEA Nasdaq-100 UCITS ETF Acc (PUST.PA) at 4.31%. This indicates that GC40.DE's price experiences larger fluctuations and is considered to be riskier than PUST.PA based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	GC40.DE	PUST.PA	Difference
Volatility (1M) Calculated over the trailing 1-month period	4.84%	4.31%	+0.53%
Volatility (6M) Calculated over the trailing 6-month period	12.50%	10.86%	+1.64%
Volatility (1Y) Calculated over the trailing 1-year period	15.56%	15.59%	-0.03%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	16.92%	19.81%	-2.89%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	17.96%	19.74%	-1.78%

GC40.DE vs. PUST.PA - Expense Ratio Comparison

GC40.DE has a 0.25% expense ratio, which is lower than PUST.PA's 0.30% expense ratio.

Dividends

GC40.DE vs. PUST.PA - Dividend Comparison

Neither GC40.DE nor PUST.PA has paid dividends to shareholders.

Tickers have no history of dividend payments

Frequently Asked Questions

Can I hold both GC40.DE and PUST.PA in my portfolio?

GC40.DE and PUST.PA have a correlation of 0.41, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, GC40.DE or PUST.PA?

On fees, GC40.DE is cheaper at 0.25% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, GC40.DE or PUST.PA?

GC40.DE is cheaper with a 0.25% expense ratio, compared with 0.30% for PUST.PA.

What is the main difference between GC40.DE and PUST.PA?

GC40.DE is categorized as Europe Equities, while PUST.PA is Nasdaq-100. GC40.DE tracks CAC 40® ESG, while PUST.PA tracks NASDAQ-100 Index. Their fees differ too: 0.25% for GC40.DE and 0.30% for PUST.PA.