LEAD.DE vs. ^GSPC

Last updated Apr 3, 2026

Compare and contrast key facts about Amundi MSCI Europe ESG Leaders UCITS ETF Acc (LEAD.DE) and S&P 500 Index (^GSPC).

LEAD.DE is a passively managed fund by Amundi that tracks the performance of the MSCI Europe ESG Leaders. It was launched on Feb 12, 2019.

Performance

LEAD.DE vs. ^GSPC - Performance Comparison

The chart below illustrates the hypothetical performance of a €10,000 investment in Amundi MSCI Europe ESG Leaders UCITS ETF Acc (LEAD.DE) and S&P 500 Index (^GSPC). The values are adjusted to include any dividend payments, if applicable.

LEAD.DE vs. ^GSPC - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020
LEAD.DE Amundi MSCI Europe ESG Leaders UCITS ETF Acc	0.19%	13.89%	6.93%	16.25%	-11.84%	24.71%	1.30%
^GSPC S&P 500 Index	-2.10%	2.58%	31.45%	20.51%	-14.45%	36.38%	1.30%

Different Trading Currencies

LEAD.DE is traded in EUR, while ^GSPC is traded in USD. To make them comparable, the ^GSPC values have been converted to EUR using the latest available exchange rates.

Returns By Period

In the year-to-date period, LEAD.DE achieves a 0.19% return, which is significantly higher than ^GSPC's -2.47% return.

LEAD.DE

• 1D: -0.25%
• 1M: -1.95%
• YTD: 0.19%
• 6M: 3.52%
• 1Y: 10.16%
• 3Y*: 9.21%
• 5Y*: 7.68%
• 10Y*: —

^GSPC

• 1D: 0.00%
• 1M: -3.17%
• YTD: -2.47%
• 6M: -0.80%
• 1Y: 8.54%
• 3Y*: 14.53%
• 5Y*: 10.74%
• 10Y*: 12.10%

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

Return for Risk

LEAD.DE vs. ^GSPC — Risk / Return Rank

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

LEAD.DE

LEAD.DE Risk / Return Rank: 34
LEAD.DE Sharpe Ratio Rank: 31
LEAD.DE Sortino Ratio Rank: 29
LEAD.DE Omega Ratio Rank: 30
LEAD.DE Calmar Ratio Rank: 37
LEAD.DE Martin Ratio Rank: 40

^GSPC

^GSPC Risk / Return Rank: 58
^GSPC Sharpe Ratio Rank: 52
^GSPC Sortino Ratio Rank: 55
^GSPC Omega Ratio Rank: 59
^GSPC Calmar Ratio Rank: 52
^GSPC Martin Ratio Rank: 71

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.

LEAD.DE vs. ^GSPC - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Amundi MSCI Europe ESG Leaders UCITS ETF Acc (LEAD.DE) and S&P 500 Index (^GSPC). 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.

	LEAD.DE	^GSPC	Difference
Sharpe ratio Return per unit of total volatility	0.65	0.41	+0.24
Sortino ratio Return per unit of downside risk	0.94	0.71	+0.23
Omega ratio Gain probability vs. loss probability	1.14	1.11	+0.03
Calmar ratio Return relative to maximum drawdown	1.23	0.62	+0.62
Martin ratio Return relative to average drawdown	4.80	2.56	+2.23
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

LEAD.DE vs. ^GSPC - Sharpe Ratio Comparison

The current LEAD.DE Sharpe Ratio is 0.65, which is higher than the ^GSPC Sharpe Ratio of 0.41. The chart below compares the historical Sharpe Ratios of LEAD.DE and ^GSPC, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

Sharpe Ratios by Period

	LEAD.DE	^GSPC	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	0.65	0.41	+0.24
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.53	0.64	-0.12
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	—	0.65	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.62	0.45	+0.17

Correlation

The correlation between LEAD.DE and ^GSPC is 0.39, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.

Drawdowns

LEAD.DE vs. ^GSPC - Drawdown Comparison

The maximum LEAD.DE drawdown since its inception was -21.53%, smaller than the maximum ^GSPC drawdown of -53.11%. Use the drawdown chart below to compare losses from any high point for LEAD.DE and ^GSPC.

Drawdown Indicators

	LEAD.DE	^GSPC	Difference
Max Drawdown Largest peak-to-trough decline	-21.53%	-56.78%	+35.25%
Max Drawdown (1Y) Largest decline over 1 year	-10.43%	-9.10%	-1.33%
Max Drawdown (5Y) Largest decline over 5 years	-21.53%	-25.43%	+3.90%
Max Drawdown (10Y) Largest decline over 10 years	—	-33.92%	—
Current Drawdown Current decline from peak	-6.60%	-5.67%	-0.93%
Average Drawdown Average peak-to-trough decline	-4.19%	-10.75%	+6.56%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.68%	2.62%	+0.06%

Volatility

LEAD.DE vs. ^GSPC - Volatility Comparison

Amundi MSCI Europe ESG Leaders UCITS ETF Acc (LEAD.DE) has a higher volatility of 6.21% compared to S&P 500 Index (^GSPC) at 4.36%. This indicates that LEAD.DE's price experiences larger fluctuations and is considered to be riskier than ^GSPC based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	LEAD.DE	^GSPC	Difference
Volatility (1M) Calculated over the trailing 1-month period	6.21%	4.36%	+1.85%
Volatility (6M) Calculated over the trailing 6-month period	9.64%	9.93%	-0.29%
Volatility (1Y) Calculated over the trailing 1-year period	15.48%	20.68%	-5.20%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	14.43%	16.80%	-2.37%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	14.32%	18.63%	-4.31%