LSK7.DE vs. LSK8.DE

Last updated Jul 4, 2026

LSK7.DE (Amundi EURO STOXX 50 Daily (-1x) Inverse UCITS ETF (Acc)) and LSK8.DE (Amundi EURO STOXX 50 Daily (-2x) Inverse UCITS ETF (Acc)) are both Inverse Equities funds from Amundi - LSK7.DE tracks the EURO STOXX 50 Daily Inverse Index while LSK8.DE tracks the EURO STOXX 50 Daily Leverage (-2x) Index. Both are passively managed. Over the past 10 years, LSK7.DE returned -12.51%/yr vs -26.27%/yr for LSK8.DE. With a 0.97 correlation, they move nearly in lockstep. LSK7.DE charges 0.40%/yr vs 0.60%/yr for LSK8.DE.

Performance

LSK7.DE vs. LSK8.DE - Performance Comparison

The chart below illustrates the hypothetical performance of a €10,000 investment in Amundi EURO STOXX 50 Daily (-1x) Inverse UCITS ETF (Acc) (LSK7.DE) and Amundi EURO STOXX 50 Daily (-2x) Inverse UCITS ETF (Acc) (LSK8.DE). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, LSK7.DE achieves a -11.26% return, which is significantly higher than LSK8.DE's -23.31% return. Over the past 10 years, LSK7.DE has outperformed LSK8.DE with an annualized return of -12.51%, while LSK8.DE has yielded a comparatively lower -26.27% annualized return.

LSK7.DE

• 1D: -0.76%
• 1M: -5.49%
• 6M: -10.41%
• YTD: -11.26%
• 1Y: -17.53%
• 3Y*: -11.33%
• 5Y*: -10.63%
• 10Y*: -12.51%

LSK8.DE

• 1D: -1.56%
• 1M: -11.03%
• 6M: -21.93%
• YTD: -23.31%
• 1Y: -34.93%
• 3Y*: -25.33%
• 5Y*: -23.92%
• 10Y*: -26.27%

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

LSK7.DE vs. LSK8.DE - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
LSK7.DE Amundi EURO STOXX 50 Daily (-1x) Inverse UCITS ETF (Acc)	-11.26%	-16.53%	-5.05%	-15.07%	3.40%	-21.96%	-8.93%	-25.83%	9.60%	-11.79%
LSK8.DE Amundi EURO STOXX 50 Daily (-2x) Inverse UCITS ETF (Acc)	-23.31%	-33.73%	-14.37%	-31.29%	0.76%	-40.00%	-24.40%	-45.71%	18.85%	-22.51%

Correlation

The correlation between LSK7.DE and LSK8.DE is 1.00 - these two move nearly in lockstep. At this level, holding both provides almost no diversification benefit. If you already own one, adding the other does little to reduce portfolio risk.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	1.00
Correlation (3Y) Calculated over the trailing 3-year period	0.99
Correlation (5Y) Calculated over the trailing 5-year period	0.99
Correlation (10Y) Calculated over the trailing 10-year period	0.99
Correlation (All Time) Calculated using the full available price history since Nov 13, 2009	0.97

The correlation between LSK7.DE and LSK8.DE has been stable across timeframes, ranging from 0.97 to 1.00 - a consistent structural relationship.

Return for Risk

LSK7.DE vs. LSK8.DE — Risk / Return Rank

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

LSK7.DE

LSK7.DE Risk / Return Rank: 1
LSK7.DE Sharpe Ratio Rank: 1
LSK7.DE Sortino Ratio Rank: 2
LSK7.DE Omega Ratio Rank: 2
LSK7.DE Calmar Ratio Rank: 2
LSK7.DE Martin Ratio Rank: 0

LSK8.DE

LSK8.DE Risk / Return Rank: 1
LSK8.DE Sharpe Ratio Rank: 1
LSK8.DE Sortino Ratio Rank: 1
LSK8.DE Omega Ratio Rank: 1
LSK8.DE Calmar Ratio Rank: 1
LSK8.DE Martin Ratio Rank: 0

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.

LSK7.DE vs. LSK8.DE - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Amundi EURO STOXX 50 Daily (-1x) Inverse UCITS ETF (Acc) (LSK7.DE) and Amundi EURO STOXX 50 Daily (-2x) Inverse UCITS ETF (Acc) (LSK8.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.

	LSK7.DE	LSK8.DE	Difference
Sharpe ratio: Return per unit of total volatility	-1.09	-1.09	0.00
Sortino ratio: Return per unit of downside risk	-1.45	-1.53	+0.08
Omega ratio: Gain probability vs. loss probability	0.83	0.82	+0.01
Calmar ratio: Return relative to maximum drawdown	-0.86	-0.89	+0.03
Martin ratio: Return relative to average drawdown	-1.65	-1.64	-0.01

LSK7.DE vs. LSK8.DE - Sharpe Ratio Comparison

The current LSK7.DE Sharpe Ratio is -1.09, which is comparable to the LSK8.DE Sharpe Ratio of -1.09. The chart below compares the historical Sharpe Ratios of LSK7.DE and LSK8.DE, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Drawdowns

LSK7.DE vs. LSK8.DE - Drawdown Comparison

The maximum LSK7.DE drawdown since its inception was -87.99%, smaller than the maximum LSK8.DE drawdown of -99.69%. Use the drawdown chart below to compare losses from any high point for LSK7.DE and LSK8.DE.

Drawdown Indicators

	LSK7.DE	LSK8.DE	Difference
Max Drawdown Largest peak-to-trough decline	-87.99%	-99.69%	+11.70%
Max Drawdown (1Y) Largest decline over 1 year	-20.24%	-38.94%	+18.70%
Max Drawdown (3Y) Largest decline over 3 years	-37.05%	-65.42%	+28.37%
Max Drawdown (5Y) Largest decline over 5 years	-48.91%	-79.07%	+30.16%
Max Drawdown (10Y) Largest decline over 10 years	-74.14%	-95.40%	+21.26%
Current Drawdown Current decline from peak	-87.99%	-99.69%	+11.70%
Average Drawdown Average peak-to-trough decline	-58.90%	-87.91%	+29.01%
Ulcer Index Depth and duration of drawdowns from previous peaks	10.57%	21.21%	-10.64%

Volatility

LSK7.DE vs. LSK8.DE - Volatility Comparison

The current volatility for Amundi EURO STOXX 50 Daily (-1x) Inverse UCITS ETF (Acc) (LSK7.DE) is 3.90%, while Amundi EURO STOXX 50 Daily (-2x) Inverse UCITS ETF (Acc) (LSK8.DE) has a volatility of 7.85%. This indicates that LSK7.DE experiences smaller price fluctuations and is considered to be less risky than LSK8.DE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	LSK7.DE	LSK8.DE	Difference
Volatility (1M) Calculated over the trailing 1-month period	3.90%	7.85%	-3.95%
Volatility (6M) Calculated over the trailing 6-month period	13.35%	26.87%	-13.52%
Volatility (1Y) Calculated over the trailing 1-year period	16.01%	31.93%	-15.92%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	17.54%	35.09%	-17.55%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	17.92%	35.82%	-17.90%

LSK7.DE vs. LSK8.DE - Expense Ratio Comparison

LSK7.DE has a 0.40% expense ratio, which is lower than LSK8.DE's 0.60% expense ratio.

Dividends

LSK7.DE vs. LSK8.DE - Dividend Comparison

Neither LSK7.DE nor LSK8.DE has paid dividends to shareholders.

Tickers have no history of dividend payments

Frequently Asked Questions

Can I hold both LSK7.DE and LSK8.DE in my portfolio?

With a correlation of 1.00, LSK7.DE and LSK8.DE move almost identically. Holding both adds very little diversification - you're essentially doubling your position in the same market segment. Choosing one is usually more capital-efficient.

Which ETF is better, LSK7.DE or LSK8.DE?

On fees, LSK7.DE is cheaper at 0.40% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, LSK7.DE or LSK8.DE?

LSK7.DE is cheaper with a 0.40% expense ratio, compared with 0.60% for LSK8.DE.

What is the main difference between LSK7.DE and LSK8.DE?

LSK7.DE tracks EURO STOXX 50 Daily Inverse Index, while LSK8.DE tracks EURO STOXX 50 Daily Leverage (-2x) Index. Their fees differ too: 0.40% for LSK7.DE and 0.60% for LSK8.DE.