IMAE.AS vs. C50U.L

Last updated Jun 4, 2026

IMAE.AS (iShares Core MSCI Europe UCITS ETF EUR (Acc)) and C50U.L (Amundi EURO STOXX 50 UCITS ETF DR USD (C)) are both Europe Equities funds - IMAE.AS tracks the MSCI Europe NR EUR while C50U.L tracks the MSCI EMU NR EUR. Both are passively managed. Over the past 5 years, IMAE.AS returned 9.84%/yr vs 11.38%/yr for C50U.L. Their correlation of 0.88 suggests significant overlap in exposure. IMAE.AS charges 0.20%/yr vs 0.15%/yr for C50U.L.

Performance

IMAE.AS vs. C50U.L - Performance Comparison

The chart below illustrates the hypothetical performance of a €10,000 investment in iShares Core MSCI Europe UCITS ETF EUR (Acc) (IMAE.AS) and Amundi EURO STOXX 50 UCITS ETF DR USD (C) (C50U.L). The values are adjusted to include any dividend payments, if applicable.

Different Trading Currencies

IMAE.AS is traded in EUR, while C50U.L is traded in USD. To make them comparable, the C50U.L values have been converted to EUR using the latest available exchange rates.

Returns By Period

The year-to-date returns for both stocks are quite close, with IMAE.AS having a 6.95% return and C50U.L slightly lower at 6.74%.

IMAE.AS

• 1D: -0.71%
• 1M: 3.95%
• YTD: 6.95%
• 6M: 9.74%
• 1Y: 16.05%
• 3Y*: 13.28%
• 5Y*: 9.84%
• 10Y*: 9.14%

C50U.L

• 1D: -0.74%
• 1M: 3.22%
• YTD: 6.74%
• 6M: 8.53%
• 1Y: 15.76%
• 3Y*: 14.97%
• 5Y*: 11.38%
• 10Y*: —

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

IMAE.AS vs. C50U.L - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021
IMAE.AS iShares Core MSCI Europe UCITS ETF EUR (Acc)	6.95%	19.74%	8.89%	15.99%	-9.31%	23.45%
C50U.L Amundi EURO STOXX 50 UCITS ETF DR USD (C)	6.74%	21.01%	11.60%	23.12%	-8.28%	21.96%

Correlation

The correlation between IMAE.AS and C50U.L is 0.86, indicating a strong positive relationship between their price movements. Combining them offers limited diversification - they tend to fall together during downturns.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.86
Correlation (3Y) Calculated over the trailing 3-year period	0.87
Correlation (5Y) Calculated over the trailing 5-year period	0.88
Correlation (All Time) Calculated using the full available price history since Feb 3, 2021	0.88

The correlation between IMAE.AS and C50U.L has been stable across timeframes, ranging from 0.86 to 0.88 - a consistent structural relationship.

Return for Risk

IMAE.AS vs. C50U.L — Risk / Return Rank

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

IMAE.AS

IMAE.AS Risk / Return Rank: 35
IMAE.AS Sharpe Ratio Rank: 34
IMAE.AS Sortino Ratio Rank: 34
IMAE.AS Omega Ratio Rank: 35
IMAE.AS Calmar Ratio Rank: 34
IMAE.AS Martin Ratio Rank: 39

C50U.L

C50U.L Risk / Return Rank: 29
C50U.L Sharpe Ratio Rank: 28
C50U.L Sortino Ratio Rank: 29
C50U.L Omega Ratio Rank: 28
C50U.L Calmar Ratio Rank: 29
C50U.L Martin Ratio Rank: 32

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.

IMAE.AS vs. C50U.L - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for iShares Core MSCI Europe UCITS ETF EUR (Acc) (IMAE.AS) and Amundi EURO STOXX 50 UCITS ETF DR USD (C) (C50U.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.

	IMAE.AS	C50U.L	Difference
Sharpe ratio: Return per unit of total volatility	1.24	0.94	+0.31
Sortino ratio: Return per unit of downside risk	1.84	1.45	+0.39
Omega ratio: Gain probability vs. loss probability	1.24	1.18	+0.06
Calmar ratio: Return relative to maximum drawdown	1.67	1.45	+0.22
Martin ratio: Return relative to average drawdown	6.19	4.88	+1.31
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

IMAE.AS vs. C50U.L - Sharpe Ratio Comparison

The current IMAE.AS Sharpe Ratio is 1.24, which is higher than the C50U.L Sharpe Ratio of 0.94. The chart below compares the historical Sharpe Ratios of IMAE.AS and C50U.L, 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

	IMAE.AS	C50U.L	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	1.24	0.94	+0.31
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.68	0.62	+0.07
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.58	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.53	0.76	-0.23

Drawdowns

IMAE.AS vs. C50U.L - Drawdown Comparison

The maximum IMAE.AS drawdown since its inception was -35.60%, which is greater than C50U.L's maximum drawdown of -24.18%. Use the drawdown chart below to compare losses from any high point for IMAE.AS and C50U.L.

Drawdown Indicators

	IMAE.AS	C50U.L	Difference
Max Drawdown Largest peak-to-trough decline	-35.60%	-24.18%	-11.42%
Max Drawdown (1Y) Largest decline over 1 year	-9.47%	-10.83%	+1.36%
Max Drawdown (3Y) Largest decline over 3 years	-16.51%	-16.44%	-0.07%
Max Drawdown (5Y) Largest decline over 5 years	-19.44%	-24.18%	+4.74%
Max Drawdown (10Y) Largest decline over 10 years	-35.60%	—	—
Current Drawdown Current decline from peak	-2.20%	-0.74%	-1.46%
Average Drawdown Average peak-to-trough decline	-5.32%	-4.46%	-0.86%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.56%	3.22%	-0.66%

Volatility

IMAE.AS vs. C50U.L - Volatility Comparison

The current volatility for iShares Core MSCI Europe UCITS ETF EUR (Acc) (IMAE.AS) is 4.85%, while Amundi EURO STOXX 50 UCITS ETF DR USD (C) (C50U.L) has a volatility of 5.56%. This indicates that IMAE.AS experiences smaller price fluctuations and is considered to be less risky than C50U.L based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	IMAE.AS	C50U.L	Difference
Volatility (1M) Calculated over the trailing 1-month period	4.85%	5.56%	-0.71%
Volatility (6M) Calculated over the trailing 6-month period	10.61%	13.53%	-2.92%
Volatility (1Y) Calculated over the trailing 1-year period	12.75%	16.74%	-3.99%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	14.15%	18.37%	-4.22%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	15.54%	18.12%	-2.58%

IMAE.AS vs. C50U.L - Expense Ratio Comparison

IMAE.AS has a 0.20% expense ratio, which is higher than C50U.L's 0.15% expense ratio. However, both funds are considered low-cost compared to the broader market, where average expense ratios usually range from 0.3% to 0.9%.

Dividends

IMAE.AS vs. C50U.L - Dividend Comparison

Neither IMAE.AS nor C50U.L has paid dividends to shareholders.

Tickers have no history of dividend payments

Frequently Asked Questions

Can I hold both IMAE.AS and C50U.L in my portfolio?

IMAE.AS and C50U.L have a correlation of 0.86, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, IMAE.AS or C50U.L?

On fees, C50U.L is cheaper at 0.15% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, IMAE.AS or C50U.L?

C50U.L is cheaper with a 0.15% expense ratio, compared with 0.20% for IMAE.AS.

What is the main difference between IMAE.AS and C50U.L?

IMAE.AS tracks MSCI Europe NR EUR, while C50U.L tracks MSCI EMU NR EUR. They also come from different issuers: iShares and Amundi. Their fees differ too: 0.20% for IMAE.AS and 0.15% for C50U.L.