LBNK.DE vs. H2O.DE
LBNK.DE (Lyxor STOXX Europe 600 Banks UCITS ETF Acc) is Financials Equities fund tracking the STOXX® Europe 600 Banks, while H2O.DE (Enapter AG) is a stock. Over the past 5 years, LBNK.DE returned 28.51%/yr vs -44.70%/yr for H2O.DE. At a 0.02 correlation, their price movements are largely independent.
Performance
LBNK.DE vs. H2O.DE - Performance Comparison
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Returns By Period
In the year-to-date period, LBNK.DE achieves a 9.83% return, which is significantly higher than H2O.DE's -17.96% return.
LBNK.DE
- 1D
- 4.14%
- 1M
- 5.56%
- YTD
- 9.83%
- 6M
- 15.82%
- 1Y
- 46.16%
- 3Y*
- 42.46%
- 5Y*
- 28.51%
- 10Y*
- 15.57%
H2O.DE
- 1D
- 0.00%
- 1M
- 5.38%
- YTD
- -17.96%
- 6M
- -28.65%
- 1Y
- -51.59%
- 3Y*
- -52.00%
- 5Y*
- -44.70%
- 10Y*
- —
LBNK.DE vs. H2O.DE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | |
|---|---|---|---|---|---|---|---|
LBNK.DE Lyxor STOXX Europe 600 Banks UCITS ETF Acc | 9.83% | 76.66% | 32.64% | 26.51% | 1.30% | 37.75% | -26.74% |
H2O.DE Enapter AG | -17.96% | -59.66% | -56.47% | -31.78% | -40.63% | -12.14% | 15,972.38% |
Correlation
The correlation between LBNK.DE and H2O.DE is -0.07, 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 | -0.07 |
Correlation (3Y) Calculated over the trailing 3-year period | -0.02 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.01 |
Correlation (All Time) Calculated using the full available price history since Feb 18, 2020 | 0.02 |
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Return for Risk
LBNK.DE vs. H2O.DE — Risk / Return Rank
LBNK.DE
H2O.DE
LBNK.DE vs. H2O.DE - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Lyxor STOXX Europe 600 Banks UCITS ETF Acc (LBNK.DE) and Enapter AG (H2O.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.
| LBNK.DE | H2O.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +2.61 | ||
| Sortino ratioReturn per unit of downside risk | +3.56 | ||
| Omega ratioGain probability vs. loss probability | 1.33 | 0.91 | +0.42 |
| Calmar ratioReturn relative to maximum drawdown | 2.79 | -0.78 | +3.57 |
| Martin ratioReturn relative to average drawdown | 9.55 | -1.18 | +10.73 |
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Drawdowns
LBNK.DE vs. H2O.DE - Drawdown Comparison
The maximum LBNK.DE drawdown since its inception was -78.45%, smaller than the maximum H2O.DE drawdown of -97.72%. Use the drawdown chart below to compare losses from any high point for LBNK.DE and H2O.DE.
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Drawdown Indicators
| LBNK.DE | H2O.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -78.45% | -97.72% | +19.27% |
Max Drawdown (1Y)Largest decline over 1 year | -15.83% | -63.70% | +47.87% |
Max Drawdown (3Y)Largest decline over 3 years | -20.27% | -91.66% | +71.39% |
Max Drawdown (5Y)Largest decline over 5 years | -27.83% | -96.33% | +68.50% |
Max Drawdown (10Y)Largest decline over 10 years | -56.09% | — | — |
Current DrawdownCurrent decline from peak | 0.00% | -97.17% | +97.17% |
Average DrawdownAverage peak-to-trough decline | -48.27% | -65.44% | +17.17% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 4.64% | 42.28% | -37.64% |
Volatility
LBNK.DE vs. H2O.DE - Volatility Comparison
The current volatility for Lyxor STOXX Europe 600 Banks UCITS ETF Acc (LBNK.DE) is 6.60%, while Enapter AG (H2O.DE) has a volatility of 16.60%. This indicates that LBNK.DE experiences smaller price fluctuations and is considered to be less risky than H2O.DE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| LBNK.DE | H2O.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 6.60% | 16.60% | -10.00% |
Volatility (6M)Calculated over the trailing 6-month period | 18.53% | 42.25% | -23.72% |
Volatility (1Y)Calculated over the trailing 1-year period | 22.48% | 76.95% | -54.47% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 22.95% | 60.60% | -37.65% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 24.95% | 7,400.27% | -7,375.32% |
Dividends
LBNK.DE vs. H2O.DE - Dividend Comparison
Neither LBNK.DE nor H2O.DE has paid dividends to shareholders.
Frequently Asked Questions
LBNK.DE and H2O.DE have a correlation of -0.07, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
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