L8I3.DE vs. YCSH.DE
L8I3.DE (Amundi EUR Overnight Return UCITS ETF (Acc)) and YCSH.DE (iShares € Cash UCITS ETF EUR Acc) are both Money Market funds. L8I3.DE is passively managed, while YCSH.DE is actively managed. Over the past year, L8I3.DE returned 2.00% vs 2.00% for YCSH.DE. At a 0.04 correlation, their price movements are largely independent. Both charge a 0.10% expense ratio.
Performance
L8I3.DE vs. YCSH.DE - Performance Comparison
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Returns By Period
The year-to-date returns for both stocks are quite close, with L8I3.DE having a 1.03% return and YCSH.DE slightly lower at 1.02%.
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%
YCSH.DE
- 1D
- 0.00%
- 1M
- 0.19%
- 6M
- 1.01%
- YTD
- 1.02%
- 1Y
- 2.00%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
L8I3.DE vs. YCSH.DE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | |
|---|---|---|---|
L8I3.DE Amundi EUR Overnight Return UCITS ETF (Acc) | 1.03% | 2.21% | 0.32% |
YCSH.DE iShares € Cash UCITS ETF EUR Acc | 1.02% | 2.26% | 0.25% |
Correlation
The correlation between L8I3.DE and YCSH.DE is -0.00, 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 | -0.00 |
Correlation (All Time) Calculated using the full available price history since Nov 27, 2024 | 0.04 |
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Return for Risk
L8I3.DE vs. YCSH.DE — Risk / Return Rank
L8I3.DE
YCSH.DE
L8I3.DE vs. YCSH.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 iShares € Cash UCITS ETF EUR Acc (YCSH.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 | YCSH.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -11.70 | ||
| Sortino ratioReturn per unit of downside risk | -37.63 | ||
| Omega ratioGain probability vs. loss probability | 2.77 | 15.29 | -12.52 |
| Calmar ratioReturn relative to maximum drawdown | 45.01 | 88.77 | -43.76 |
| Martin ratioReturn relative to average drawdown | 172.38 | 814.03 | -641.64 |
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Drawdowns
L8I3.DE vs. YCSH.DE - Drawdown Comparison
The maximum L8I3.DE drawdown since its inception was -3.92%, which is greater than YCSH.DE's maximum drawdown of -0.07%. Use the drawdown chart below to compare losses from any high point for L8I3.DE and YCSH.DE.
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Drawdown Indicators
| L8I3.DE | YCSH.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -3.92% | -0.07% | -3.85% |
Max Drawdown (1Y)Largest decline over 1 year | -0.04% | -0.02% | -0.02% |
Max Drawdown (3Y)Largest decline over 3 years | -0.07% | — | — |
Max Drawdown (5Y)Largest decline over 5 years | -0.78% | — | — |
Max Drawdown (10Y)Largest decline over 10 years | -3.59% | — | — |
Current DrawdownCurrent decline from peak | -0.01% | 0.00% | -0.01% |
Average DrawdownAverage peak-to-trough decline | -0.89% | -0.00% | -0.89% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 0.01% | 0.00% | +0.01% |
Volatility
L8I3.DE vs. YCSH.DE - Volatility Comparison
Amundi EUR Overnight Return UCITS ETF (Acc) (L8I3.DE) has a higher volatility of 0.07% compared to iShares € Cash UCITS ETF EUR Acc (YCSH.DE) at 0.03%. This indicates that L8I3.DE's price experiences larger fluctuations and is considered to be riskier than YCSH.DE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| L8I3.DE | YCSH.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 0.07% | 0.03% | +0.04% |
Volatility (6M)Calculated over the trailing 6-month period | 0.21% | 0.09% | +0.12% |
Volatility (1Y)Calculated over the trailing 1-year period | 0.32% | 0.11% | +0.21% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 0.26% | 0.19% | +0.07% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 0.21% | 0.19% | +0.02% |
L8I3.DE vs. YCSH.DE - Expense Ratio Comparison
Both L8I3.DE and YCSH.DE have an expense ratio of 0.10%, making them cost-effective options compared to the broader market, where average expense ratios typically range from 0.3% to 0.9%.
Dividends
L8I3.DE vs. YCSH.DE - Dividend Comparison
Neither L8I3.DE nor YCSH.DE has paid dividends to shareholders.
Frequently Asked Questions
L8I3.DE and YCSH.DE have a correlation of -0.00, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
Both ETFs have the same 0.10% expense ratio. The better choice depends on whether you care most about return, fees, risk, or income.
L8I3.DE and YCSH.DE have the same expense ratio: 0.10% per year.
They also come from different issuers: Amundi and iShares.
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