LYQL.DE vs. LYBK.DE
LYQL.DE (Amundi ShortDAX Daily (-2x) Inverse UCITS ETF (Acc)) and LYBK.DE (Amundi Euro Stoxx Banks UCITS ETF Acc) are both exchange-traded funds - LYQL.DE is a Inverse Equities fund tracking the ShortDAX Leverage (2x) Index, while LYBK.DE is a Financials Equities fund tracking the EURO STOXX® Banks. Both are passively managed. Over the past 10 years, LYQL.DE returned -24.43%/yr vs 19.13%/yr for LYBK.DE. At a correlation of -0.69, they often move in opposite directions. LYQL.DE charges 0.60%/yr vs 0.30%/yr for LYBK.DE.
Performance
LYQL.DE vs. LYBK.DE - Performance Comparison
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Returns By Period
In the year-to-date period, LYQL.DE achieves a -11.31% return, which is significantly lower than LYBK.DE's 17.49% return. Over the past 10 years, LYQL.DE has underperformed LYBK.DE with an annualized return of -24.43%, while LYBK.DE has yielded a comparatively higher 19.13% annualized return.
LYQL.DE
- 1D
- -1.53%
- 1M
- -7.52%
- 6M
- -11.31%
- YTD
- -11.31%
- 1Y
- -14.67%
- 3Y*
- -25.51%
- 5Y*
- -20.46%
- 10Y*
- -24.43%
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%
LYQL.DE vs. LYBK.DE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
LYQL.DE Amundi ShortDAX Daily (-2x) Inverse UCITS ETF (Acc) | -11.31% | -35.38% | -23.89% | -28.00% | 9.49% | -31.50% | -34.43% | -41.46% | 35.68% | -25.44% |
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 LYQL.DE and LYBK.DE is -0.71, 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 | -0.71 |
Correlation (3Y) Calculated over the trailing 3-year period | -0.71 |
Correlation (5Y) Calculated over the trailing 5-year period | -0.70 |
Correlation (10Y) Calculated over the trailing 10-year period | -0.67 |
Correlation (All Time) Calculated using the full available price history since Dec 12, 2013 | -0.69 |
The correlation between LYQL.DE and LYBK.DE has been stable across timeframes, ranging from -0.71 to -0.67 - a consistent structural relationship.
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Return for Risk
LYQL.DE vs. LYBK.DE — Risk / Return Rank
LYQL.DE
LYBK.DE
LYQL.DE vs. LYBK.DE - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Amundi ShortDAX Daily (-2x) Inverse UCITS ETF (Acc) (LYQL.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.
| LYQL.DE | LYBK.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -2.73 | ||
| Sortino ratioReturn per unit of downside risk | -3.53 | ||
| Omega ratioGain probability vs. loss probability | 0.95 | 1.37 | -0.43 |
| Calmar ratioReturn relative to maximum drawdown | -0.56 | 3.17 | -3.73 |
| Martin ratioReturn relative to average drawdown | -1.26 | 9.98 | -11.24 |
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Drawdowns
LYQL.DE vs. LYBK.DE - Drawdown Comparison
The maximum LYQL.DE drawdown since its inception was -99.14%, which is greater than LYBK.DE's maximum drawdown of -63.98%. Use the drawdown chart below to compare losses from any high point for LYQL.DE and LYBK.DE.
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Drawdown Indicators
| LYQL.DE | LYBK.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -99.14% | -63.98% | -35.16% |
Max Drawdown (1Y)Largest decline over 1 year | -26.22% | -17.12% | -9.10% |
Max Drawdown (3Y)Largest decline over 3 years | -66.11% | -19.90% | -46.21% |
Max Drawdown (5Y)Largest decline over 5 years | -77.13% | -34.32% | -42.81% |
Max Drawdown (10Y)Largest decline over 10 years | -94.10% | -62.22% | -31.88% |
Current DrawdownCurrent decline from peak | -99.14% | 0.00% | -99.14% |
Average DrawdownAverage peak-to-trough decline | -83.00% | -20.14% | -62.86% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 11.60% | 5.45% | +6.15% |
Volatility
LYQL.DE vs. LYBK.DE - Volatility Comparison
Amundi ShortDAX Daily (-2x) Inverse UCITS ETF (Acc) (LYQL.DE) has a higher volatility of 8.89% compared to Amundi Euro Stoxx Banks UCITS ETF Acc (LYBK.DE) at 6.33%. This indicates that LYQL.DE's price experiences larger fluctuations and is considered to be riskier 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
| LYQL.DE | LYBK.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 8.89% | 6.33% | +2.56% |
Volatility (6M)Calculated over the trailing 6-month period | 26.96% | 19.85% | +7.11% |
Volatility (1Y)Calculated over the trailing 1-year period | 32.22% | 23.95% | +8.27% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 34.39% | 25.48% | +8.91% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 36.22% | 27.66% | +8.56% |
LYQL.DE vs. LYBK.DE - Expense Ratio Comparison
LYQL.DE has a 0.60% expense ratio, which is higher than LYBK.DE's 0.30% expense ratio.
Dividends
LYQL.DE vs. LYBK.DE - Dividend Comparison
Neither LYQL.DE nor LYBK.DE has paid dividends to shareholders.
Frequently Asked Questions
LYQL.DE and LYBK.DE have a correlation of -0.71, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, LYBK.DE is cheaper at 0.30% per year. The better choice depends on whether you care most about return, fees, risk, or income.
LYBK.DE is cheaper with a 0.30% expense ratio, compared with 0.60% for LYQL.DE.
LYQL.DE is categorized as Inverse Equities, while LYBK.DE is Financials Equities. LYQL.DE tracks ShortDAX Leverage (2x) Index, while LYBK.DE tracks EURO STOXX® Banks. Their fees differ too: 0.60% for LYQL.DE and 0.30% for LYBK.DE.
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