LSK8.DE vs. DES2.DE
LSK8.DE (Amundi EURO STOXX 50 Daily (-2x) Inverse UCITS ETF (Acc)) and DES2.DE (L&G DAX Daily 2x Short UCITS ETF) are both Inverse Equities funds - LSK8.DE tracks the EURO STOXX 50 Daily Leverage (-2x) Index while DES2.DE tracks the ShortDAX x2 Index. Both are passively managed. Over the past 10 years, LSK8.DE returned -25.18%/yr vs -23.54%/yr for DES2.DE. Their correlation of 0.93 suggests significant overlap in exposure. LSK8.DE charges 0.60%/yr vs 0.50%/yr for DES2.DE.
Performance
LSK8.DE vs. DES2.DE - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, LSK8.DE achieves a -18.78% return, which is significantly lower than DES2.DE's -5.08% return. Over the past 10 years, LSK8.DE has underperformed DES2.DE with an annualized return of -25.18%, while DES2.DE has yielded a comparatively higher -23.54% annualized return.
LSK8.DE
- 1D
- 1.71%
- 1M
- 2.06%
- 6M
- -12.30%
- YTD
- -18.78%
- 1Y
- -30.10%
- 3Y*
- -24.06%
- 5Y*
- -23.33%
- 10Y*
- -25.18%
DES2.DE
- 1D
- 0.69%
- 1M
- 1.00%
- 6M
- 0.85%
- YTD
- -5.08%
- 1Y
- -6.12%
- 3Y*
- -24.13%
- 5Y*
- -19.98%
- 10Y*
- -23.54%
LSK8.DE vs. DES2.DE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
LSK8.DE Amundi EURO STOXX 50 Daily (-2x) Inverse UCITS ETF (Acc) | -18.78% | -33.73% | -14.37% | -31.29% | 0.76% | -40.00% | -24.40% | -45.71% | 18.85% | -22.51% |
DES2.DE L&G DAX Daily 2x Short UCITS ETF | -5.08% | -35.92% | -24.73% | -28.32% | 8.81% | -31.47% | -34.46% | -41.49% | 35.04% | -25.95% |
Correlation
The correlation between LSK8.DE and DES2.DE is 0.90, indicating a strong positive relationship between their price movements. Combining them offers limited diversification - they tend to fall together during downturns.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.90 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.91 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.92 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.93 |
Correlation (All Time) Calculated using the full available price history since Nov 13, 2009 | 0.93 |
The correlation between LSK8.DE and DES2.DE has been stable across timeframes, ranging from 0.90 to 0.93 - a consistent structural relationship.
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
LSK8.DE vs. DES2.DE — Risk / Return Rank
LSK8.DE
DES2.DE
LSK8.DE vs. DES2.DE - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Amundi EURO STOXX 50 Daily (-2x) Inverse UCITS ETF (Acc) (LSK8.DE) and L&G DAX Daily 2x Short UCITS ETF (DES2.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.
| LSK8.DE | DES2.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.75 | ||
| Sortino ratioReturn per unit of downside risk | -1.21 | ||
| Omega ratioGain probability vs. loss probability | 0.85 | 0.99 | -0.15 |
| Calmar ratioReturn relative to maximum drawdown | -0.77 | -0.23 | -0.54 |
| Martin ratioReturn relative to average drawdown | -1.34 | -0.49 | -0.85 |
Loading charts...
Drawdowns
LSK8.DE vs. DES2.DE - Drawdown Comparison
The maximum LSK8.DE drawdown since its inception was -99.69%, roughly equal to the maximum DES2.DE drawdown of -99.34%. Use the drawdown chart below to compare losses from any high point for LSK8.DE and DES2.DE.
Loading charts...
Drawdown Indicators
| LSK8.DE | DES2.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -99.69% | -99.34% | -0.35% |
Max Drawdown (1Y)Largest decline over 1 year | -38.94% | -26.29% | -12.65% |
Max Drawdown (3Y)Largest decline over 3 years | -65.42% | -66.97% | +1.55% |
Max Drawdown (5Y)Largest decline over 5 years | -79.07% | -77.94% | -1.13% |
Max Drawdown (10Y)Largest decline over 10 years | -94.87% | -93.47% | -1.40% |
Current DrawdownCurrent decline from peak | -99.67% | -99.29% | -0.38% |
Average DrawdownAverage peak-to-trough decline | -87.93% | -83.30% | -4.63% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 22.41% | 12.50% | +9.91% |
Volatility
LSK8.DE vs. DES2.DE - Volatility Comparison
The current volatility for Amundi EURO STOXX 50 Daily (-2x) Inverse UCITS ETF (Acc) (LSK8.DE) is 8.09%, while L&G DAX Daily 2x Short UCITS ETF (DES2.DE) has a volatility of 9.19%. This indicates that LSK8.DE experiences smaller price fluctuations and is considered to be less risky than DES2.DE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| LSK8.DE | DES2.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 8.09% | 9.19% | -1.10% |
Volatility (6M)Calculated over the trailing 6-month period | 26.98% | 27.27% | -0.29% |
Volatility (1Y)Calculated over the trailing 1-year period | 31.98% | 32.34% | -0.36% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 35.03% | 34.53% | +0.50% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 35.77% | 36.31% | -0.54% |
LSK8.DE vs. DES2.DE - Expense Ratio Comparison
LSK8.DE has a 0.60% expense ratio, which is higher than DES2.DE's 0.50% expense ratio.
Dividends
LSK8.DE vs. DES2.DE - Dividend Comparison
Neither LSK8.DE nor DES2.DE has paid dividends to shareholders.
Frequently Asked Questions
LSK8.DE and DES2.DE have a correlation of 0.90, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, DES2.DE is cheaper at 0.50% per year. The better choice depends on whether you care most about return, fees, risk, or income.
DES2.DE is cheaper with a 0.50% expense ratio, compared with 0.60% for LSK8.DE.
LSK8.DE tracks EURO STOXX 50 Daily Leverage (-2x) Index, while DES2.DE tracks ShortDAX x2 Index. They also come from different issuers: Amundi and L&G. Their fees differ too: 0.60% for LSK8.DE and 0.50% for DES2.DE.
Find the right allocation for LSK8.DE and DES2.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