MEUD.L vs. AME6.DE
MEUD.L (Lyxor Core STOXX Europe 600 (DR) - UCITS ETF Acc) and AME6.DE (Amundi STOXX Europe 600 ESG UCITS ETF EUR) are both Europe Equities funds from Amundi - MEUD.L tracks the MSCI Europe NR EUR while AME6.DE tracks the STOXX® Europe 600 ESG+. Both are passively managed. Over the past 10 years, MEUD.L returned 10.28%/yr vs 9.86%/yr for AME6.DE. Their correlation of 0.92 suggests significant overlap in exposure. MEUD.L charges 0.15%/yr vs 0.18%/yr for AME6.DE.
Performance
MEUD.L vs. AME6.DE - Performance Comparison
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Different Trading Currencies
MEUD.L is traded in GBp, while AME6.DE is traded in EUR. To make them comparable, the AME6.DE values have been converted to GBp using the latest available exchange rates.
Returns By Period
In the year-to-date period, MEUD.L achieves a 6.58% return, which is significantly higher than AME6.DE's 5.31% return. Both investments have delivered pretty close results over the past 10 years, with MEUD.L having a 10.28% annualized return and AME6.DE not far behind at 9.86%.
MEUD.L
- 1D
- 0.58%
- 1M
- 3.26%
- YTD
- 6.58%
- 6M
- 8.93%
- 1Y
- 19.54%
- 3Y*
- 14.05%
- 5Y*
- 9.89%
- 10Y*
- 10.28%
AME6.DE
- 1D
- 0.75%
- 1M
- 3.64%
- YTD
- 5.31%
- 6M
- 7.83%
- 1Y
- 17.85%
- 3Y*
- 12.98%
- 5Y*
- 9.22%
- 10Y*
- 9.86%
MEUD.L vs. AME6.DE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
MEUD.L Lyxor Core STOXX Europe 600 (DR) - UCITS ETF Acc | 6.58% | 26.51% | 3.65% | 13.48% | -5.04% | 17.06% | 3.85% | 20.40% | -9.59% | 15.43% |
AME6.DE Amundi STOXX Europe 600 ESG UCITS ETF EUR | 5.31% | 25.57% | 3.71% | 13.44% | -6.02% | 15.74% | 3.48% | 21.87% | -10.03% | 15.48% |
Correlation
The correlation between MEUD.L and AME6.DE is 0.92, 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 | 0.92 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.94 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.93 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.92 |
Correlation (All Time) Calculated using the full available price history since Sep 17, 2013 | 0.92 |
The correlation between MEUD.L and AME6.DE has been stable across timeframes, ranging from 0.92 to 0.94 - a consistent structural relationship.
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Return for Risk
MEUD.L vs. AME6.DE — Risk / Return Rank
MEUD.L
AME6.DE
MEUD.L vs. AME6.DE - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Lyxor Core STOXX Europe 600 (DR) - UCITS ETF Acc (MEUD.L) and Amundi STOXX Europe 600 ESG UCITS ETF EUR (AME6.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.
| MEUD.L | AME6.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.28 | ||
| Sortino ratioReturn per unit of downside risk | +0.32 | ||
| Omega ratioGain probability vs. loss probability | 1.30 | 1.25 | +0.06 |
| Calmar ratioReturn relative to maximum drawdown | 1.85 | 1.51 | +0.34 |
| Martin ratioReturn relative to average drawdown | 6.70 | 5.51 | +1.19 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| MEUD.L | AME6.DE | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.60 | 1.32 | +0.28 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.71 | 0.63 | +0.08 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.69 | 0.64 | +0.05 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.60 | 0.50 | +0.10 |
Drawdowns
MEUD.L vs. AME6.DE - Drawdown Comparison
The maximum MEUD.L drawdown since its inception was -28.57%, roughly equal to the maximum AME6.DE drawdown of -27.69%. Use the drawdown chart below to compare losses from any high point for MEUD.L and AME6.DE.
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Drawdown Indicators
| MEUD.L | AME6.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -28.57% | -27.69% | -0.88% |
Max Drawdown (1Y)Largest decline over 1 year | -10.53% | -11.77% | +1.24% |
Max Drawdown (3Y)Largest decline over 3 years | -12.61% | -13.50% | +0.89% |
Max Drawdown (5Y)Largest decline over 5 years | -17.09% | -17.01% | -0.08% |
Max Drawdown (10Y)Largest decline over 10 years | -28.57% | -27.69% | -0.88% |
Current DrawdownCurrent decline from peak | -1.33% | -1.42% | +0.09% |
Average DrawdownAverage peak-to-trough decline | -4.16% | -5.11% | +0.95% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.91% | 3.23% | -0.32% |
Volatility
MEUD.L vs. AME6.DE - Volatility Comparison
The current volatility for Lyxor Core STOXX Europe 600 (DR) - UCITS ETF Acc (MEUD.L) is 4.14%, while Amundi STOXX Europe 600 ESG UCITS ETF EUR (AME6.DE) has a volatility of 4.38%. This indicates that MEUD.L experiences smaller price fluctuations and is considered to be less risky than AME6.DE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| MEUD.L | AME6.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 4.14% | 4.38% | -0.24% |
Volatility (6M)Calculated over the trailing 6-month period | 10.20% | 11.45% | -1.25% |
Volatility (1Y)Calculated over the trailing 1-year period | 12.14% | 13.43% | -1.29% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 13.94% | 14.45% | -0.51% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 14.92% | 15.24% | -0.32% |
MEUD.L vs. AME6.DE - Expense Ratio Comparison
MEUD.L has a 0.15% expense ratio, which is lower than AME6.DE's 0.18% expense ratio. Despite the difference, both funds are considered low-cost compared to the broader market, where average expense ratios usually range from 0.3% to 0.9%.
Dividends
MEUD.L vs. AME6.DE - Dividend Comparison
Neither MEUD.L nor AME6.DE has paid dividends to shareholders.
Frequently Asked Questions
With a correlation of 0.92, MEUD.L and AME6.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, MEUD.L is cheaper at 0.15% per year. The better choice depends on whether you care most about return, fees, risk, or income.
MEUD.L is cheaper with a 0.15% expense ratio, compared with 0.18% for AME6.DE.
MEUD.L tracks MSCI Europe NR EUR, while AME6.DE tracks STOXX® Europe 600 ESG+. Their fees differ too: 0.15% for MEUD.L and 0.18% for AME6.DE.
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