H2O.DE vs. LYP6.DE
H2O.DE (Enapter AG) is a stock, while LYP6.DE (Amundi Core STOXX Europe 600 (DR) UCITS ETF Acc) is Europe Equities fund tracking the STOXX® Europe 600. Over the past 5 years, H2O.DE returned -44.30%/yr vs 9.75%/yr for LYP6.DE. At a 0.06 correlation, their price movements are largely independent.
Performance
H2O.DE vs. LYP6.DE - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, H2O.DE achieves a -16.72% return, which is significantly lower than LYP6.DE's 7.48% return.
H2O.DE
- 1D
- -4.05%
- 1M
- 16.39%
- YTD
- -16.72%
- 6M
- -34.86%
- 1Y
- -49.29%
- 3Y*
- -51.11%
- 5Y*
- -44.30%
- 10Y*
- —
LYP6.DE
- 1D
- 0.57%
- 1M
- 0.92%
- YTD
- 7.48%
- 6M
- 10.12%
- 1Y
- 16.32%
- 3Y*
- 13.98%
- 5Y*
- 9.75%
- 10Y*
- —
H2O.DE vs. LYP6.DE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | |
|---|---|---|---|---|---|---|---|
H2O.DE Enapter AG | -16.72% | -58.92% | -58.42% | -29.96% | -38.97% | -12.47% | -50.09% |
LYP6.DE Amundi Core STOXX Europe 600 (DR) UCITS ETF Acc | 7.48% | 20.82% | 8.25% | 15.97% | -10.40% | 24.81% | 9.65% |
Correlation
The correlation between H2O.DE and LYP6.DE is -0.10, meaning there is essentially no relationship between their price movements. Each responds to its own set of market drivers, making them strong candidates for combining in a diversified portfolio.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | -0.10 |
Correlation (3Y) Calculated over the trailing 3-year period | -0.01 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.04 |
Correlation (All Time) Calculated using the full available price history since Oct 19, 2020 | 0.06 |
The correlation between H2O.DE and LYP6.DE shifts across timeframes, from -0.10 (1 year) to 0.06 (all time), reflecting how their relationship changes across market environments.
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Return for Risk
H2O.DE vs. LYP6.DE — Risk / Return Rank
H2O.DE
LYP6.DE
H2O.DE vs. LYP6.DE - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Enapter AG (H2O.DE) and Amundi Core STOXX Europe 600 (DR) UCITS ETF Acc (LYP6.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.
| H2O.DE | LYP6.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -2.08 | ||
| Sortino ratioReturn per unit of downside risk | -3.20 | ||
| Omega ratioGain probability vs. loss probability | 0.86 | 1.24 | -0.39 |
| Calmar ratioReturn relative to maximum drawdown | -0.79 | 1.74 | -2.53 |
| Martin ratioReturn relative to average drawdown | -1.22 | 6.63 | -7.85 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
Loading charts...
Sharpe Ratios by Period
| H2O.DE | LYP6.DE | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | -0.80 | 1.28 | -2.08 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | -0.89 | 0.67 | -1.56 |
Sharpe Ratio (All Time)Calculated using the full available price history | -0.77 | 0.56 | -1.33 |
Drawdowns
H2O.DE vs. LYP6.DE - Drawdown Comparison
The maximum H2O.DE drawdown since its inception was -98.00%, which is greater than LYP6.DE's maximum drawdown of -35.51%. Use the drawdown chart below to compare losses from any high point for H2O.DE and LYP6.DE.
Loading charts...
Drawdown Indicators
| H2O.DE | LYP6.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -98.00% | -35.51% | -62.49% |
Max Drawdown (1Y)Largest decline over 1 year | -63.67% | -9.45% | -54.22% |
Max Drawdown (3Y)Largest decline over 3 years | -91.68% | -16.26% | -75.42% |
Max Drawdown (5Y)Largest decline over 5 years | -96.32% | -20.71% | -75.61% |
Current DrawdownCurrent decline from peak | -97.39% | -1.62% | -95.77% |
Average DrawdownAverage peak-to-trough decline | -76.16% | -4.84% | -71.32% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 41.03% | 2.49% | +38.54% |
Volatility
H2O.DE vs. LYP6.DE - Volatility Comparison
Enapter AG (H2O.DE) has a higher volatility of 18.97% compared to Amundi Core STOXX Europe 600 (DR) UCITS ETF Acc (LYP6.DE) at 4.35%. This indicates that H2O.DE's price experiences larger fluctuations and is considered to be riskier than LYP6.DE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| H2O.DE | LYP6.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 18.97% | 4.35% | +14.62% |
Volatility (6M)Calculated over the trailing 6-month period | 35.77% | 10.65% | +25.12% |
Volatility (1Y)Calculated over the trailing 1-year period | 62.47% | 12.90% | +49.57% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 49.20% | 14.41% | +34.79% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 61.41% | 15.86% | +45.55% |
Dividends
H2O.DE vs. LYP6.DE - Dividend Comparison
Neither H2O.DE nor LYP6.DE has paid dividends to shareholders.
Frequently Asked Questions
H2O.DE and LYP6.DE have a correlation of -0.10, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
Find the right allocation for H2O.DE and LYP6.DE
Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Optimizer