LYP6.DE vs. HEDG.L

Last updated Jun 5, 2026

LYP6.DE (Amundi Core STOXX Europe 600 (DR) UCITS ETF Acc) and HEDG.L (WisdomTree Issuer ICAV - WisdomTree Europe Equity UCITS ETF) are both Europe Equities funds - LYP6.DE tracks the STOXX® Europe 600 while HEDG.L tracks the MSCI Europe NR EUR. Both are passively managed. Over the past 5 years, LYP6.DE returned 9.75%/yr vs 8.82%/yr for HEDG.L. Their correlation of 0.87 suggests significant overlap in exposure. LYP6.DE charges 0.07%/yr vs 0.32%/yr for HEDG.L.

Performance

LYP6.DE vs. HEDG.L - Performance Comparison

The chart below illustrates the hypothetical performance of a €10,000 investment in Amundi Core STOXX Europe 600 (DR) UCITS ETF Acc (LYP6.DE) and WisdomTree Issuer ICAV - WisdomTree Europe Equity UCITS ETF (HEDG.L). The values are adjusted to include any dividend payments, if applicable.

Different Trading Currencies

LYP6.DE is traded in EUR, while HEDG.L is traded in GBp. To make them comparable, the HEDG.L values have been converted to EUR using the latest available exchange rates.

Returns By Period

In the year-to-date period, LYP6.DE achieves a 7.48% return, which is significantly higher than HEDG.L's 5.44% return.

LYP6.DE

• 1D: 0.57%
• 1M: 0.92%
• YTD: 7.48%
• 6M: 10.12%
• 1Y: 16.32%
• 3Y*: 13.98%
• 5Y*: 9.75%
• 10Y*: —

HEDG.L

• 1D: -0.42%
• 1M: 0.68%
• YTD: 5.44%
• 6M: 6.10%
• 1Y: 12.98%
• 3Y*: 12.34%
• 5Y*: 8.82%
• 10Y*: 8.65%

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

LYP6.DE vs. HEDG.L - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
LYP6.DE Amundi Core STOXX Europe 600 (DR) UCITS ETF Acc	7.48%	20.82%	8.25%	15.97%	-10.40%	24.81%	-1.72%	28.59%	-11.28%	2.60%
HEDG.L WisdomTree Issuer ICAV - WisdomTree Europe Equity UCITS ETF	5.44%	20.81%	3.79%	22.39%	-11.36%	21.98%	-3.92%	25.18%	-12.15%	0.67%

Correlation

The correlation between LYP6.DE and HEDG.L is 0.85, 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	0.85
Correlation (3Y) Calculated over the trailing 3-year period	0.87
Correlation (5Y) Calculated over the trailing 5-year period	0.88
Correlation (All Time) Calculated using the full available price history since Sep 20, 2017	0.87

The correlation between LYP6.DE and HEDG.L has been stable across timeframes, ranging from 0.85 to 0.88 - a consistent structural relationship.

Return for Risk

LYP6.DE vs. HEDG.L — Risk / Return Rank

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

LYP6.DE

LYP6.DE Risk / Return Rank: 38
LYP6.DE Sharpe Ratio Rank: 36
LYP6.DE Sortino Ratio Rank: 37
LYP6.DE Omega Ratio Rank: 37
LYP6.DE Calmar Ratio Rank: 36
LYP6.DE Martin Ratio Rank: 42

HEDG.L

HEDG.L Risk / Return Rank: 32
HEDG.L Sharpe Ratio Rank: 34
HEDG.L Sortino Ratio Rank: 34
HEDG.L Omega Ratio Rank: 34
HEDG.L Calmar Ratio Rank: 28
HEDG.L Martin Ratio Rank: 32

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.

LYP6.DE vs. HEDG.L - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Amundi Core STOXX Europe 600 (DR) UCITS ETF Acc (LYP6.DE) and WisdomTree Issuer ICAV - WisdomTree Europe Equity UCITS ETF (HEDG.L). 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.

	LYP6.DE	HEDG.L	Difference
Sharpe ratio: Return per unit of total volatility	1.28	0.90	+0.38
Sortino ratio: Return per unit of downside risk	1.88	1.38	+0.50
Omega ratio: Gain probability vs. loss probability	1.24	1.17	+0.07
Calmar ratio: Return relative to maximum drawdown	1.74	1.15	+0.60
Martin ratio: Return relative to average drawdown	6.63	4.07	+2.56
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

LYP6.DE vs. HEDG.L - Sharpe Ratio Comparison

The current LYP6.DE Sharpe Ratio is 1.28, which is higher than the HEDG.L Sharpe Ratio of 0.90. The chart below compares the historical Sharpe Ratios of LYP6.DE and HEDG.L, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Sharpe Ratios by Period

	LYP6.DE	HEDG.L	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	1.28	0.90	+0.38
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.67	0.54	+0.13
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	—	0.50	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.56	0.21	+0.34

Drawdowns

LYP6.DE vs. HEDG.L - Drawdown Comparison

The maximum LYP6.DE drawdown since its inception was -35.51%, smaller than the maximum HEDG.L drawdown of -42.74%. Use the drawdown chart below to compare losses from any high point for LYP6.DE and HEDG.L.

Drawdown Indicators

	LYP6.DE	HEDG.L	Difference
Max Drawdown Largest peak-to-trough decline	-35.51%	-42.74%	+7.23%
Max Drawdown (1Y) Largest decline over 1 year	-9.45%	-11.28%	+1.83%
Max Drawdown (3Y) Largest decline over 3 years	-16.26%	-15.36%	-0.90%
Max Drawdown (5Y) Largest decline over 5 years	-20.71%	-23.45%	+2.74%
Max Drawdown (10Y) Largest decline over 10 years	—	-37.81%	—
Current Drawdown Current decline from peak	-1.62%	-1.39%	-0.23%
Average Drawdown Average peak-to-trough decline	-4.84%	-13.39%	+8.55%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.49%	3.18%	-0.69%

Volatility

LYP6.DE vs. HEDG.L - Volatility Comparison

Amundi Core STOXX Europe 600 (DR) UCITS ETF Acc (LYP6.DE) has a higher volatility of 4.35% compared to WisdomTree Issuer ICAV - WisdomTree Europe Equity UCITS ETF (HEDG.L) at 3.56%. This indicates that LYP6.DE's price experiences larger fluctuations and is considered to be riskier than HEDG.L based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	LYP6.DE	HEDG.L	Difference
Volatility (1M) Calculated over the trailing 1-month period	4.35%	3.56%	+0.79%
Volatility (6M) Calculated over the trailing 6-month period	10.65%	11.50%	-0.85%
Volatility (1Y) Calculated over the trailing 1-year period	12.90%	14.38%	-1.48%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	14.41%	16.32%	-1.91%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	15.86%	17.15%	-1.29%

LYP6.DE vs. HEDG.L - Expense Ratio Comparison

LYP6.DE has a 0.07% expense ratio, which is lower than HEDG.L's 0.32% expense ratio.

Dividends

LYP6.DE vs. HEDG.L - Dividend Comparison

Neither LYP6.DE nor HEDG.L has paid dividends to shareholders.

Tickers have no history of dividend payments

Frequently Asked Questions

Can I hold both LYP6.DE and HEDG.L in my portfolio?

LYP6.DE and HEDG.L have a correlation of 0.85, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, LYP6.DE or HEDG.L?

On fees, LYP6.DE is cheaper at 0.07% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, LYP6.DE or HEDG.L?

LYP6.DE is cheaper with a 0.07% expense ratio, compared with 0.32% for HEDG.L.

What is the main difference between LYP6.DE and HEDG.L?

LYP6.DE tracks STOXX® Europe 600, while HEDG.L tracks MSCI Europe NR EUR. They also come from different issuers: Amundi and WisdomTree. Their fees differ too: 0.07% for LYP6.DE and 0.32% for HEDG.L.