LYQK.DE vs. LYP6.DE
LYQK.DE (Amundi German Bund Daily (-2x) Inverse UCITS ETF (Acc)) and LYP6.DE (Amundi Core STOXX Europe 600 (DR) UCITS ETF Acc) are both exchange-traded funds - LYQK.DE is a Inverse Bonds fund tracking the Solactive Bund Daily (-2x) Inverse Index, while LYP6.DE is a Europe Equities fund tracking the STOXX® Europe 600. Both are passively managed. Over the past 10 years, LYQK.DE returned 1.97%/yr vs 10.30%/yr for LYP6.DE. At a 0.07 correlation, their price movements are largely independent. LYQK.DE charges 0.20%/yr vs 0.07%/yr for LYP6.DE.
Performance
LYQK.DE vs. LYP6.DE - Performance Comparison
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Returns By Period
In the year-to-date period, LYQK.DE achieves a 0.41% return, which is significantly lower than LYP6.DE's 12.31% return. Over the past 10 years, LYQK.DE has underperformed LYP6.DE with an annualized return of 1.97%, while LYP6.DE has yielded a comparatively higher 10.30% annualized return.
LYQK.DE
- 1D
- 0.61%
- 1M
- -1.58%
- 6M
- -0.25%
- YTD
- 0.41%
- 1Y
- 4.29%
- 3Y*
- 4.23%
- 5Y*
- 10.16%
- 10Y*
- 1.97%
LYP6.DE
- 1D
- 0.60%
- 1M
- 5.10%
- 6M
- 11.36%
- YTD
- 12.31%
- 1Y
- 23.23%
- 3Y*
- 15.48%
- 5Y*
- 10.49%
- 10Y*
- 10.30%
LYQK.DE vs. LYP6.DE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
LYQK.DE Amundi German Bund Daily (-2x) Inverse UCITS ETF (Acc) | 0.41% | 7.07% | 11.42% | -7.90% | 47.81% | 2.41% | -9.43% | -10.38% | -9.05% | -3.18% |
LYP6.DE Amundi Core STOXX Europe 600 (DR) UCITS ETF Acc | 12.31% | 20.82% | 8.25% | 15.97% | -10.40% | 24.81% | -1.72% | 28.59% | -11.28% | 11.31% |
Correlation
The correlation between LYQK.DE and LYP6.DE is -0.38, meaning they tend to move in opposite directions. This is especially valuable for risk management - when one declines, the other has historically tended to hold steady or rise.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | -0.38 |
Correlation (3Y) Calculated over the trailing 3-year period | -0.18 |
Correlation (5Y) Calculated over the trailing 5-year period | -0.11 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.03 |
Correlation (All Time) Calculated using the full available price history since Apr 3, 2013 | 0.07 |
The correlation between LYQK.DE and LYP6.DE shifts across timeframes, from -0.38 (1 year) to 0.07 (all time), reflecting how their relationship changes across market environments.
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Return for Risk
LYQK.DE vs. LYP6.DE — Risk / Return Rank
LYQK.DE
LYP6.DE
LYQK.DE vs. LYP6.DE - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Amundi German Bund Daily (-2x) Inverse UCITS ETF (Acc) (LYQK.DE) and Amundi Core STOXX Europe 600 (DR) UCITS ETF Acc (LYP6.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.
| LYQK.DE | LYP6.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -1.31 | ||
| Sortino ratioReturn per unit of downside risk | -1.81 | ||
| Omega ratioGain probability vs. loss probability | 1.09 | 1.33 | -0.24 |
| Calmar ratioReturn relative to maximum drawdown | 0.80 | 2.45 | -1.65 |
| Martin ratioReturn relative to average drawdown | 2.12 | 9.52 | -7.40 |
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Drawdowns
LYQK.DE vs. LYP6.DE - Drawdown Comparison
The maximum LYQK.DE drawdown since its inception was -74.12%, which is greater than LYP6.DE's maximum drawdown of -35.51%. Use the drawdown chart below to compare losses from any high point for LYQK.DE and LYP6.DE.
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Drawdown Indicators
| LYQK.DE | LYP6.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -74.12% | -35.51% | -38.61% |
Max Drawdown (1Y)Largest decline over 1 year | -5.35% | -9.45% | +4.10% |
Max Drawdown (3Y)Largest decline over 3 years | -14.86% | -16.26% | +1.40% |
Max Drawdown (5Y)Largest decline over 5 years | -19.26% | -20.71% | +1.45% |
Max Drawdown (10Y)Largest decline over 10 years | -33.02% | -35.51% | +2.49% |
Current DrawdownCurrent decline from peak | -55.73% | 0.00% | -55.73% |
Average DrawdownAverage peak-to-trough decline | -54.30% | -5.21% | -49.09% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.02% | 2.44% | -0.42% |
Volatility
LYQK.DE vs. LYP6.DE - Volatility Comparison
The current volatility for Amundi German Bund Daily (-2x) Inverse UCITS ETF (Acc) (LYQK.DE) is 2.11%, while Amundi Core STOXX Europe 600 (DR) UCITS ETF Acc (LYP6.DE) has a volatility of 3.16%. This indicates that LYQK.DE experiences smaller price fluctuations and is considered to be less risky than LYP6.DE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| LYQK.DE | LYP6.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 2.11% | 3.16% | -1.05% |
Volatility (6M)Calculated over the trailing 6-month period | 7.34% | 10.92% | -3.58% |
Volatility (1Y)Calculated over the trailing 1-year period | 9.05% | 13.02% | -3.97% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 14.97% | 14.43% | +0.54% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 12.26% | 15.27% | -3.01% |
LYQK.DE vs. LYP6.DE - Expense Ratio Comparison
LYQK.DE has a 0.20% expense ratio, which is higher than LYP6.DE's 0.07% expense ratio. However, both funds are considered low-cost compared to the broader market, where average expense ratios usually range from 0.3% to 0.9%.
Dividends
LYQK.DE vs. LYP6.DE - Dividend Comparison
Neither LYQK.DE nor LYP6.DE has paid dividends to shareholders.
Frequently Asked Questions
LYQK.DE and LYP6.DE have a correlation of -0.38, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
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.
LYP6.DE is cheaper with a 0.07% expense ratio, compared with 0.20% for LYQK.DE.
LYQK.DE is categorized as Inverse Bonds, while LYP6.DE is Europe Equities. LYQK.DE tracks Solactive Bund Daily (-2x) Inverse Index, while LYP6.DE tracks STOXX® Europe 600. Their fees differ too: 0.20% for LYQK.DE and 0.07% for LYP6.DE.
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