HNDX.DE vs. AUM5.DE
HNDX.DE (Amundi Nasdaq-100 Swap UCITS ETF EUR Hedged (Acc)) and AUM5.DE (Amundi S&P 500 UCITS ETF EUR) are both exchange-traded funds - HNDX.DE is a Nasdaq-100 fund tracking the Nasdaq-100 Index (EUR Hedged), while AUM5.DE is a S&P 500 fund tracking the S&P 500 Index. Both are passively managed. Over the past 10 years, HNDX.DE returned 18.84%/yr vs 15.03%/yr for AUM5.DE. A 0.76 correlation means they provide meaningful diversification when combined. HNDX.DE charges 0.35%/yr vs 0.15%/yr for AUM5.DE.
Performance
HNDX.DE vs. AUM5.DE - Performance Comparison
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Returns By Period
In the year-to-date period, HNDX.DE achieves a 14.79% return, which is significantly higher than AUM5.DE's 12.24% return. Over the past 10 years, HNDX.DE has outperformed AUM5.DE with an annualized return of 18.84%, while AUM5.DE has yielded a comparatively lower 15.03% annualized return.
HNDX.DE
- 1D
- 1.36%
- 1M
- -3.09%
- 6M
- 16.12%
- YTD
- 14.79%
- 1Y
- 26.80%
- 3Y*
- 22.70%
- 5Y*
- 12.90%
- 10Y*
- 18.84%
AUM5.DE
- 1D
- 0.21%
- 1M
- 0.61%
- 6M
- 13.04%
- YTD
- 12.24%
- 1Y
- 24.13%
- 3Y*
- 18.43%
- 5Y*
- 13.81%
- 10Y*
- 15.03%
HNDX.DE vs. AUM5.DE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
HNDX.DE Amundi Nasdaq-100 Swap UCITS ETF EUR Hedged (Acc) | 14.79% | 17.83% | 24.11% | 52.12% | -36.05% | 27.50% | 45.80% | 34.89% | -4.53% | 29.05% |
AUM5.DE Amundi S&P 500 UCITS ETF EUR | 12.24% | 4.80% | 32.40% | 22.65% | -14.14% | 40.97% | 7.09% | 34.94% | -1.01% | 6.83% |
Correlation
The correlation between HNDX.DE and AUM5.DE is 0.66, 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 | 0.66 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.73 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.78 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.77 |
Correlation (All Time) Calculated using the full available price history since Feb 19, 2013 | 0.76 |
The correlation between HNDX.DE and AUM5.DE shifts across timeframes, from 0.66 (1 year) to 0.78 (5 years), reflecting how their relationship changes across market environments.
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Return for Risk
HNDX.DE vs. AUM5.DE — Risk / Return Rank
HNDX.DE
AUM5.DE
HNDX.DE vs. AUM5.DE - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Amundi Nasdaq-100 Swap UCITS ETF EUR Hedged (Acc) (HNDX.DE) and Amundi S&P 500 UCITS ETF EUR (AUM5.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.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| HNDX.DE | AUM5.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.62 | ||
| Sortino ratioReturn per unit of downside risk | -0.85 | ||
| Omega ratioGain probability vs. loss probability | 1.25 | 1.37 | -0.12 |
| Calmar ratioReturn relative to maximum drawdown | 2.20 | 3.35 | -1.15 |
| Martin ratioReturn relative to average drawdown | 7.31 | 11.77 | -4.45 |
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Drawdowns
HNDX.DE vs. AUM5.DE - Drawdown Comparison
The maximum HNDX.DE drawdown since its inception was -37.18%, which is greater than AUM5.DE's maximum drawdown of -33.65%. Use the drawdown chart below to compare losses from any high point for HNDX.DE and AUM5.DE.
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Drawdown Indicators
| HNDX.DE | AUM5.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -37.18% | -33.65% | -3.53% |
Max Drawdown (1Y)Largest decline over 1 year | -12.13% | -7.18% | -4.95% |
Max Drawdown (3Y)Largest decline over 3 years | -21.95% | -23.30% | +1.35% |
Max Drawdown (5Y)Largest decline over 5 years | -37.18% | -23.30% | -13.88% |
Max Drawdown (10Y)Largest decline over 10 years | -37.18% | -33.65% | -3.53% |
Current DrawdownCurrent decline from peak | -3.40% | -0.65% | -2.75% |
Average DrawdownAverage peak-to-trough decline | -5.90% | -3.98% | -1.92% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 3.65% | 2.04% | +1.61% |
Volatility
HNDX.DE vs. AUM5.DE - Volatility Comparison
Amundi Nasdaq-100 Swap UCITS ETF EUR Hedged (Acc) (HNDX.DE) has a higher volatility of 8.86% compared to Amundi S&P 500 UCITS ETF EUR (AUM5.DE) at 3.66%. This indicates that HNDX.DE's price experiences larger fluctuations and is considered to be riskier than AUM5.DE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| HNDX.DE | AUM5.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 8.86% | 3.66% | +5.20% |
Volatility (6M)Calculated over the trailing 6-month period | 15.67% | 7.97% | +7.70% |
Volatility (1Y)Calculated over the trailing 1-year period | 19.00% | 11.89% | +7.11% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 21.39% | 15.22% | +6.17% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 20.21% | 16.08% | +4.13% |
HNDX.DE vs. AUM5.DE - Expense Ratio Comparison
HNDX.DE has a 0.35% expense ratio, which is higher than AUM5.DE's 0.15% expense ratio.
Dividends
HNDX.DE vs. AUM5.DE - Dividend Comparison
Neither HNDX.DE nor AUM5.DE has paid dividends to shareholders.
Frequently Asked Questions
HNDX.DE and AUM5.DE have a correlation of 0.66, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, AUM5.DE is cheaper at 0.15% per year. The better choice depends on whether you care most about return, fees, risk, or income.
AUM5.DE is cheaper with a 0.15% expense ratio, compared with 0.35% for HNDX.DE.
HNDX.DE is categorized as Nasdaq-100, while AUM5.DE is S&P 500. HNDX.DE tracks Nasdaq-100 Index (EUR Hedged), while AUM5.DE tracks S&P 500 Index. Their fees differ too: 0.35% for HNDX.DE and 0.15% for AUM5.DE.
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