LYY8.DE vs. DEL2.DE
LYY8.DE (Amundi LevDax Daily (2x) leveraged UCITS ETF Acc) and DEL2.DE (L&G DAX Daily 2x Long UCITS ETF) are both Leveraged Equities funds - LYY8.DE tracks the LevDAX Index while DEL2.DE tracks the LevDAX x2 Index. Both are passively managed. Over the past 10 years, LYY8.DE returned 13.31%/yr vs 12.84%/yr for DEL2.DE. With a 1.00 correlation, they move nearly in lockstep. LYY8.DE charges 0.35%/yr vs 0.40%/yr for DEL2.DE.
Performance
LYY8.DE vs. DEL2.DE - Performance Comparison
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Returns By Period
In the year-to-date period, LYY8.DE achieves a -1.64% return, which is significantly higher than DEL2.DE's -2.40% return. Both investments have delivered pretty close results over the past 10 years, with LYY8.DE having a 13.31% annualized return and DEL2.DE not far behind at 12.84%.
LYY8.DE
- 1D
- -0.71%
- 1M
- -1.35%
- 6M
- -7.41%
- YTD
- -1.64%
- 1Y
- -2.59%
- 3Y*
- 24.44%
- 5Y*
- 13.08%
- 10Y*
- 13.31%
DEL2.DE
- 1D
- -0.64%
- 1M
- -1.62%
- 6M
- -7.98%
- YTD
- -2.40%
- 1Y
- -4.17%
- 3Y*
- 22.71%
- 5Y*
- 11.97%
- 10Y*
- 12.84%
LYY8.DE vs. DEL2.DE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
LYY8.DE Amundi LevDax Daily (2x) leveraged UCITS ETF Acc | -1.64% | 41.05% | 32.07% | 35.76% | -28.10% | 30.90% | -5.37% | 52.19% | -35.73% | 23.60% |
DEL2.DE L&G DAX Daily 2x Long UCITS ETF | -2.40% | 38.93% | 30.47% | 34.91% | -28.24% | 29.94% | -5.25% | 52.22% | -35.31% | 23.94% |
Correlation
The correlation between LYY8.DE and DEL2.DE is 1.00 - these two move nearly in lockstep. At this level, holding both provides almost no diversification benefit. If you already own one, adding the other does little to reduce portfolio risk.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 1.00 |
Correlation (3Y) Calculated over the trailing 3-year period | 1.00 |
Correlation (5Y) Calculated over the trailing 5-year period | 1.00 |
Correlation (10Y) Calculated over the trailing 10-year period | 1.00 |
Correlation (All Time) Calculated using the full available price history since Aug 18, 2009 | 1.00 |
The correlation between LYY8.DE and DEL2.DE has been stable across timeframes, ranging from 1.00 to 1.00 - a consistent structural relationship.
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Return for Risk
LYY8.DE vs. DEL2.DE — Risk / Return Rank
LYY8.DE
DEL2.DE
LYY8.DE vs. DEL2.DE - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Amundi LevDax Daily (2x) leveraged UCITS ETF Acc (LYY8.DE) and L&G DAX Daily 2x Long UCITS ETF (DEL2.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.
| LYY8.DE | DEL2.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.05 | ||
| Sortino ratioReturn per unit of downside risk | +0.07 | ||
| Omega ratioGain probability vs. loss probability | 1.01 | 1.01 | +0.01 |
| Calmar ratioReturn relative to maximum drawdown | -0.11 | -0.17 | +0.06 |
| Martin ratioReturn relative to average drawdown | -0.30 | -0.48 | +0.17 |
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Drawdowns
LYY8.DE vs. DEL2.DE - Drawdown Comparison
The maximum LYY8.DE drawdown since its inception was -84.92%, which is greater than DEL2.DE's maximum drawdown of -65.30%. Use the drawdown chart below to compare losses from any high point for LYY8.DE and DEL2.DE.
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Drawdown Indicators
| LYY8.DE | DEL2.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -84.92% | -65.30% | -19.62% |
Max Drawdown (1Y)Largest decline over 1 year | -24.12% | -24.33% | +0.21% |
Max Drawdown (3Y)Largest decline over 3 years | -30.03% | -29.92% | -0.11% |
Max Drawdown (5Y)Largest decline over 5 years | -48.78% | -48.89% | +0.11% |
Max Drawdown (10Y)Largest decline over 10 years | -65.35% | -65.30% | -0.05% |
Current DrawdownCurrent decline from peak | -8.39% | -9.05% | +0.66% |
Average DrawdownAverage peak-to-trough decline | -28.93% | -16.56% | -12.37% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 8.47% | 8.69% | -0.22% |
Volatility
LYY8.DE vs. DEL2.DE - Volatility Comparison
Amundi LevDax Daily (2x) leveraged UCITS ETF Acc (LYY8.DE) and L&G DAX Daily 2x Long UCITS ETF (DEL2.DE) have volatilities of 9.17% and 9.21%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| LYY8.DE | DEL2.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 9.17% | 9.21% | -0.04% |
Volatility (6M)Calculated over the trailing 6-month period | 26.83% | 26.86% | -0.03% |
Volatility (1Y)Calculated over the trailing 1-year period | 32.29% | 32.39% | -0.10% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 34.31% | 34.25% | +0.06% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 36.06% | 36.06% | 0.00% |
LYY8.DE vs. DEL2.DE - Expense Ratio Comparison
LYY8.DE has a 0.35% expense ratio, which is lower than DEL2.DE's 0.40% expense ratio.
Dividends
LYY8.DE vs. DEL2.DE - Dividend Comparison
Neither LYY8.DE nor DEL2.DE has paid dividends to shareholders.
Frequently Asked Questions
With a correlation of 1.00, LYY8.DE and DEL2.DE move almost identically. Holding both adds very little diversification - you're essentially doubling your position in the same market segment. Choosing one is usually more capital-efficient.
On fees, LYY8.DE is cheaper at 0.35% per year. The better choice depends on whether you care most about return, fees, risk, or income.
LYY8.DE is cheaper with a 0.35% expense ratio, compared with 0.40% for DEL2.DE.
LYY8.DE tracks LevDAX Index, while DEL2.DE tracks LevDAX x2 Index. They also come from different issuers: Amundi and L&G. Their fees differ too: 0.35% for LYY8.DE and 0.40% for DEL2.DE.
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