MEUD.L vs. EUEA.AS
MEUD.L (Lyxor Core STOXX Europe 600 (DR) - UCITS ETF Acc) and EUEA.AS (iShares EURO STOXX 50 UCITS ETF) are both Europe Equities funds - MEUD.L tracks the MSCI Europe NR EUR while EUEA.AS tracks the MSCI EMU NR EUR. Both are passively managed. Over the past 10 years, MEUD.L returned 10.28%/yr vs 11.61%/yr for EUEA.AS. Their correlation of 0.91 suggests significant overlap in exposure. MEUD.L charges 0.15%/yr vs 0.10%/yr for EUEA.AS.
Performance
MEUD.L vs. EUEA.AS - Performance Comparison
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Different Trading Currencies
MEUD.L is traded in GBp, while EUEA.AS is traded in EUR. To make them comparable, the EUEA.AS values have been converted to GBp using the latest available exchange rates.
Returns By Period
The year-to-date returns for both investments are quite close, with MEUD.L having a 6.58% return and EUEA.AS slightly higher at 6.66%. Over the past 10 years, MEUD.L has underperformed EUEA.AS with an annualized return of 10.28%, while EUEA.AS has yielded a comparatively higher 11.61% annualized return.
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%
EUEA.AS
- 1D
- 0.95%
- 1M
- 4.92%
- YTD
- 6.66%
- 6M
- 7.58%
- 1Y
- 18.93%
- 3Y*
- 15.77%
- 5Y*
- 11.68%
- 10Y*
- 11.61%
MEUD.L vs. EUEA.AS - 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% |
EUEA.AS iShares EURO STOXX 50 UCITS ETF | 6.66% | 28.22% | 6.42% | 20.63% | -4.60% | 16.69% | 2.96% | 20.50% | -10.22% | 14.51% |
Correlation
The correlation between MEUD.L and EUEA.AS is 0.89, 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 | 0.89 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.91 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.91 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.90 |
Correlation (All Time) Calculated using the full available price history since Sep 17, 2013 | 0.91 |
The correlation between MEUD.L and EUEA.AS has been stable across timeframes, ranging from 0.89 to 0.91 - a consistent structural relationship.
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Return for Risk
MEUD.L vs. EUEA.AS — Risk / Return Rank
MEUD.L
EUEA.AS
MEUD.L vs. EUEA.AS - 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 iShares EURO STOXX 50 UCITS ETF (EUEA.AS). 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 | EUEA.AS | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.40 | ||
| Sortino ratioReturn per unit of downside risk | +0.42 | ||
| Omega ratioGain probability vs. loss probability | 1.30 | 1.22 | +0.08 |
| Calmar ratioReturn relative to maximum drawdown | 1.85 | 1.62 | +0.23 |
| Martin ratioReturn relative to average drawdown | 6.70 | 5.45 | +1.25 |
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 | EUEA.AS | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.60 | 1.21 | +0.40 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.71 | 0.66 | +0.05 |
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 | 0.23 | +0.37 |
Drawdowns
MEUD.L vs. EUEA.AS - Drawdown Comparison
The maximum MEUD.L drawdown since its inception was -28.57%, smaller than the maximum EUEA.AS drawdown of -50.32%. Use the drawdown chart below to compare losses from any high point for MEUD.L and EUEA.AS.
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Drawdown Indicators
| MEUD.L | EUEA.AS | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -28.57% | -50.32% | +21.75% |
Max Drawdown (1Y)Largest decline over 1 year | -10.53% | -11.53% | +1.00% |
Max Drawdown (3Y)Largest decline over 3 years | -12.61% | -14.44% | +1.83% |
Max Drawdown (5Y)Largest decline over 5 years | -17.09% | -21.89% | +4.80% |
Max Drawdown (10Y)Largest decline over 10 years | -28.57% | -30.95% | +2.38% |
Current DrawdownCurrent decline from peak | -1.33% | -0.45% | -0.88% |
Average DrawdownAverage peak-to-trough decline | -4.16% | -14.28% | +10.12% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.91% | 3.45% | -0.54% |
Volatility
MEUD.L vs. EUEA.AS - Volatility Comparison
The current volatility for Lyxor Core STOXX Europe 600 (DR) - UCITS ETF Acc (MEUD.L) is 4.14%, while iShares EURO STOXX 50 UCITS ETF (EUEA.AS) has a volatility of 4.75%. This indicates that MEUD.L experiences smaller price fluctuations and is considered to be less risky than EUEA.AS 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 | EUEA.AS | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 4.14% | 4.75% | -0.61% |
Volatility (6M)Calculated over the trailing 6-month period | 10.20% | 12.85% | -2.65% |
Volatility (1Y)Calculated over the trailing 1-year period | 12.14% | 15.48% | -3.34% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 13.94% | 17.43% | -3.49% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 14.92% | 17.94% | -3.02% |
MEUD.L vs. EUEA.AS - Expense Ratio Comparison
MEUD.L has a 0.15% expense ratio, which is higher than EUEA.AS's 0.10% 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
MEUD.L vs. EUEA.AS - Dividend Comparison
MEUD.L has not paid dividends to shareholders, while EUEA.AS's dividend yield for the trailing twelve months is around 2.55%.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
EUEA.AS iShares EURO STOXX 50 UCITS ETF | 2.55% | 2.52% | 3.01% | 3.02% | 2.94% | 2.05% | 2.16% | 3.05% | 3.67% | 2.85% | 3.38% | 2.96% |
MEUD.L Lyxor Core STOXX Europe 600 (DR) - UCITS ETF Acc | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Frequently Asked Questions
MEUD.L and EUEA.AS have a correlation of 0.89, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, EUEA.AS is cheaper at 0.10% per year. The better choice depends on whether you care most about return, fees, risk, or income.
EUEA.AS is cheaper with a 0.10% expense ratio, compared with 0.15% for MEUD.L.
MEUD.L tracks MSCI Europe NR EUR, while EUEA.AS tracks MSCI EMU NR EUR. They also come from different issuers: Amundi and iShares. Their fees differ too: 0.15% for MEUD.L and 0.10% for EUEA.AS.
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