L8I3.DE vs. 6AQQ.DE
L8I3.DE (Amundi EUR Overnight Return UCITS ETF (Acc)) and 6AQQ.DE (Amundi Nasdaq 100 UCITS ETF EUR) are both exchange-traded funds - L8I3.DE is a Money Market fund tracking the Solactive EUR Overnight Return Index, while 6AQQ.DE is a Nasdaq-100 fund tracking the Nasdaq 100®. Both are passively managed. Over the past 10 years, L8I3.DE returned 0.67%/yr vs 21.36%/yr for 6AQQ.DE. At a correlation of -0.01, they often move in opposite directions. L8I3.DE charges 0.10%/yr vs 0.23%/yr for 6AQQ.DE.
Performance
L8I3.DE vs. 6AQQ.DE - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, L8I3.DE achieves a 1.03% return, which is significantly lower than 6AQQ.DE's 19.67% return. Over the past 10 years, L8I3.DE has underperformed 6AQQ.DE with an annualized return of 0.67%, while 6AQQ.DE has yielded a comparatively higher 21.36% annualized return.
L8I3.DE
- 1D
- -0.01%
- 1M
- 0.20%
- 6M
- 0.97%
- YTD
- 1.03%
- 1Y
- 2.00%
- 3Y*
- 2.93%
- 5Y*
- 1.92%
- 10Y*
- 0.67%
6AQQ.DE
- 1D
- 0.44%
- 1M
- -1.66%
- 6M
- 20.98%
- YTD
- 19.67%
- 1Y
- 33.76%
- 3Y*
- 23.52%
- 5Y*
- 16.54%
- 10Y*
- 21.36%
L8I3.DE vs. 6AQQ.DE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
L8I3.DE Amundi EUR Overnight Return UCITS ETF (Acc) | 1.03% | 2.21% | 3.69% | 3.17% | -0.11% | -0.69% | -0.68% | -0.61% | -0.56% | -0.46% |
6AQQ.DE Amundi Nasdaq 100 UCITS ETF EUR | 19.67% | 7.08% | 33.77% | 51.54% | -29.96% | 39.62% | 34.72% | 42.90% | 3.23% | 15.90% |
Correlation
The correlation between L8I3.DE and 6AQQ.DE is -0.06, 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 | -0.06 |
Correlation (3Y) Calculated over the trailing 3-year period | -0.05 |
Correlation (5Y) Calculated over the trailing 5-year period | -0.02 |
Correlation (10Y) Calculated over the trailing 10-year period | -0.02 |
Correlation (All Time) Calculated using the full available price history since Sep 21, 2010 | -0.01 |
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
L8I3.DE vs. 6AQQ.DE — Risk / Return Rank
L8I3.DE
6AQQ.DE
L8I3.DE vs. 6AQQ.DE - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Amundi EUR Overnight Return UCITS ETF (Acc) (L8I3.DE) and Amundi Nasdaq 100 UCITS ETF EUR (6AQQ.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.
| L8I3.DE | 6AQQ.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +4.15 | ||
| Sortino ratioReturn per unit of downside risk | +10.43 | ||
| Omega ratioGain probability vs. loss probability | 2.77 | 1.35 | +1.42 |
| Calmar ratioReturn relative to maximum drawdown | 45.01 | 3.36 | +41.65 |
| Martin ratioReturn relative to average drawdown | 172.38 | 9.73 | +162.65 |
Loading charts...
Drawdowns
L8I3.DE vs. 6AQQ.DE - Drawdown Comparison
The maximum L8I3.DE drawdown since its inception was -3.92%, smaller than the maximum 6AQQ.DE drawdown of -31.19%. Use the drawdown chart below to compare losses from any high point for L8I3.DE and 6AQQ.DE.
Loading charts...
Drawdown Indicators
| L8I3.DE | 6AQQ.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -3.92% | -31.19% | +27.27% |
Max Drawdown (1Y)Largest decline over 1 year | -0.04% | -10.01% | +9.97% |
Max Drawdown (3Y)Largest decline over 3 years | -0.07% | -26.73% | +26.66% |
Max Drawdown (5Y)Largest decline over 5 years | -0.78% | -31.19% | +30.41% |
Max Drawdown (10Y)Largest decline over 10 years | -3.59% | -31.19% | +27.60% |
Current DrawdownCurrent decline from peak | -0.01% | -2.06% | +2.05% |
Average DrawdownAverage peak-to-trough decline | -0.89% | -5.35% | +4.46% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 0.01% | 3.46% | -3.45% |
Volatility
L8I3.DE vs. 6AQQ.DE - Volatility Comparison
The current volatility for Amundi EUR Overnight Return UCITS ETF (Acc) (L8I3.DE) is 0.07%, while Amundi Nasdaq 100 UCITS ETF EUR (6AQQ.DE) has a volatility of 6.61%. This indicates that L8I3.DE experiences smaller price fluctuations and is considered to be less risky than 6AQQ.DE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| L8I3.DE | 6AQQ.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 0.07% | 6.61% | -6.54% |
Volatility (6M)Calculated over the trailing 6-month period | 0.21% | 12.10% | -11.89% |
Volatility (1Y)Calculated over the trailing 1-year period | 0.32% | 16.70% | -16.38% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 0.26% | 19.97% | -19.71% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 0.21% | 19.69% | -19.48% |
L8I3.DE vs. 6AQQ.DE - Expense Ratio Comparison
L8I3.DE has a 0.10% expense ratio, which is lower than 6AQQ.DE's 0.23% expense ratio. Despite the difference, both funds are considered low-cost compared to the broader market, where average expense ratios usually range from 0.3% to 0.9%.
Dividends
L8I3.DE vs. 6AQQ.DE - Dividend Comparison
Neither L8I3.DE nor 6AQQ.DE has paid dividends to shareholders.
Frequently Asked Questions
L8I3.DE and 6AQQ.DE have a correlation of -0.06, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, L8I3.DE is cheaper at 0.10% per year. The better choice depends on whether you care most about return, fees, risk, or income.
L8I3.DE is cheaper with a 0.10% expense ratio, compared with 0.23% for 6AQQ.DE.
L8I3.DE is categorized as Money Market, while 6AQQ.DE is Nasdaq-100. L8I3.DE tracks Solactive EUR Overnight Return Index, while 6AQQ.DE tracks Nasdaq 100®. Their fees differ too: 0.10% for L8I3.DE and 0.23% for 6AQQ.DE.
Find the right allocation for L8I3.DE and 6AQQ.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