LYP2.DE vs. LYBK.DE
LYP2.DE (Amundi Core S&P 500 Swap UCITS ETF EUR Hedged (Dist)) and LYBK.DE (Amundi Euro Stoxx Banks UCITS ETF Acc) are both exchange-traded funds - LYP2.DE is a S&P 500 fund tracking the S&P 500 Index (EUR Hedged), while LYBK.DE is a Financials Equities fund tracking the EURO STOXX® Banks. Both are passively managed. Over the past 10 years, LYP2.DE returned 12.62%/yr vs 19.13%/yr for LYBK.DE. A 0.51 correlation means they provide meaningful diversification when combined. LYP2.DE charges 0.07%/yr vs 0.30%/yr for LYBK.DE.
Performance
LYP2.DE vs. LYBK.DE - Performance Comparison
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Returns By Period
In the year-to-date period, LYP2.DE achieves a 7.84% return, which is significantly lower than LYBK.DE's 17.49% return. Over the past 10 years, LYP2.DE has underperformed LYBK.DE with an annualized return of 12.62%, while LYBK.DE has yielded a comparatively higher 19.13% annualized return.
LYP2.DE
- 1D
- 0.18%
- 1M
- -0.97%
- 6M
- 8.72%
- YTD
- 7.84%
- 1Y
- 17.76%
- 3Y*
- 17.85%
- 5Y*
- 10.48%
- 10Y*
- 12.62%
LYBK.DE
- 1D
- 0.53%
- 1M
- 12.55%
- 6M
- 15.65%
- YTD
- 17.49%
- 1Y
- 54.60%
- 3Y*
- 48.56%
- 5Y*
- 33.46%
- 10Y*
- 19.13%
LYP2.DE vs. LYBK.DE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
LYP2.DE Amundi Core S&P 500 Swap UCITS ETF EUR Hedged (Dist) | 7.84% | 15.46% | 22.97% | 23.48% | -21.40% | 28.77% | 16.56% | 27.52% | -8.44% | 19.40% |
LYBK.DE Amundi Euro Stoxx Banks UCITS ETF Acc | 17.49% | 91.46% | 30.53% | 30.34% | 0.78% | 39.97% | -22.43% | 17.74% | -30.86% | 14.21% |
Correlation
The correlation between LYP2.DE and LYBK.DE is 0.52, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.52 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.46 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.50 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.49 |
Correlation (All Time) Calculated using the full available price history since Dec 12, 2013 | 0.51 |
The correlation between LYP2.DE and LYBK.DE has been stable across timeframes, ranging from 0.46 to 0.52 - a consistent structural relationship.
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Return for Risk
LYP2.DE vs. LYBK.DE — Risk / Return Rank
LYP2.DE
LYBK.DE
LYP2.DE vs. LYBK.DE - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Amundi Core S&P 500 Swap UCITS ETF EUR Hedged (Dist) (LYP2.DE) and Amundi Euro Stoxx Banks UCITS ETF Acc (LYBK.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.
| LYP2.DE | LYBK.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.81 | ||
| Sortino ratioReturn per unit of downside risk | -0.86 | ||
| Omega ratioGain probability vs. loss probability | 1.26 | 1.37 | -0.11 |
| Calmar ratioReturn relative to maximum drawdown | 2.04 | 3.17 | -1.13 |
| Martin ratioReturn relative to average drawdown | 8.21 | 9.98 | -1.77 |
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Drawdowns
LYP2.DE vs. LYBK.DE - Drawdown Comparison
The maximum LYP2.DE drawdown since its inception was -33.94%, smaller than the maximum LYBK.DE drawdown of -63.98%. Use the drawdown chart below to compare losses from any high point for LYP2.DE and LYBK.DE.
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Drawdown Indicators
| LYP2.DE | LYBK.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -33.94% | -63.98% | +30.04% |
Max Drawdown (1Y)Largest decline over 1 year | -8.67% | -17.12% | +8.45% |
Max Drawdown (3Y)Largest decline over 3 years | -18.39% | -19.90% | +1.51% |
Max Drawdown (5Y)Largest decline over 5 years | -25.88% | -34.32% | +8.44% |
Max Drawdown (10Y)Largest decline over 10 years | -33.94% | -62.22% | +28.28% |
Current DrawdownCurrent decline from peak | -1.53% | 0.00% | -1.53% |
Average DrawdownAverage peak-to-trough decline | -4.51% | -20.14% | +15.63% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.16% | 5.45% | -3.29% |
Volatility
LYP2.DE vs. LYBK.DE - Volatility Comparison
The current volatility for Amundi Core S&P 500 Swap UCITS ETF EUR Hedged (Dist) (LYP2.DE) is 4.05%, while Amundi Euro Stoxx Banks UCITS ETF Acc (LYBK.DE) has a volatility of 6.33%. This indicates that LYP2.DE experiences smaller price fluctuations and is considered to be less risky than LYBK.DE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| LYP2.DE | LYBK.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 4.05% | 6.33% | -2.28% |
Volatility (6M)Calculated over the trailing 6-month period | 9.28% | 19.85% | -10.57% |
Volatility (1Y)Calculated over the trailing 1-year period | 12.13% | 23.95% | -11.82% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 16.05% | 25.48% | -9.43% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 16.16% | 27.66% | -11.50% |
LYP2.DE vs. LYBK.DE - Expense Ratio Comparison
LYP2.DE has a 0.07% expense ratio, which is lower than LYBK.DE's 0.30% expense ratio.
Dividends
LYP2.DE vs. LYBK.DE - Dividend Comparison
LYP2.DE's dividend yield for the trailing twelve months is around 0.92%, while LYBK.DE has not paid dividends to shareholders.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 |
|---|---|---|---|---|---|---|---|---|---|---|
LYBK.DE Amundi Euro Stoxx Banks UCITS ETF Acc | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
LYP2.DE Amundi Core S&P 500 Swap UCITS ETF EUR Hedged (Dist) | 0.92% | 0.99% | 1.27% | 1.04% | 2.05% | 1.11% | 1.43% | 1.67% | 1.99% | 1.69% |
Frequently Asked Questions
LYP2.DE and LYBK.DE have a correlation of 0.52, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, LYP2.DE is cheaper at 0.07% per year. The better choice depends on whether you care most about return, fees, risk, or income.
LYP2.DE is cheaper with a 0.07% expense ratio, compared with 0.30% for LYBK.DE.
LYP2.DE is categorized as S&P 500, while LYBK.DE is Financials Equities. LYP2.DE tracks S&P 500 Index (EUR Hedged), while LYBK.DE tracks EURO STOXX® Banks. Their fees differ too: 0.07% for LYP2.DE and 0.30% for LYBK.DE.
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