MEUD.L vs. FEDF.L
MEUD.L (Lyxor Core STOXX Europe 600 (DR) - UCITS ETF Acc) and FEDF.L (Amundi USD Fed Funds Rate UCITS ETF Acc) are both exchange-traded funds - MEUD.L is a Europe Equities fund tracking the MSCI Europe NR EUR, while FEDF.L is a Money Market fund tracking the Solactive Fed Funds Effective Rate Total Return Index. Both are passively managed. Over the past 10 years, MEUD.L returned 10.28%/yr vs 3.04%/yr for FEDF.L. At a 0.05 correlation, their price movements are largely independent. MEUD.L charges 0.15%/yr vs 0.10%/yr for FEDF.L.
Performance
MEUD.L vs. FEDF.L - Performance Comparison
Loading charts...
Different Trading Currencies
MEUD.L is traded in GBp, while FEDF.L is traded in USD. To make them comparable, the FEDF.L 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 FEDF.L's 1.94% return. Over the past 10 years, MEUD.L has outperformed FEDF.L with an annualized return of 10.28%, while FEDF.L has yielded a comparatively lower 3.04% 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%
FEDF.L
- 1D
- 0.04%
- 1M
- 1.22%
- YTD
- 1.94%
- 6M
- 1.11%
- 1Y
- 4.92%
- 3Y*
- 2.07%
- 5Y*
- 4.65%
- 10Y*
- 3.04%
MEUD.L vs. FEDF.L - 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% |
FEDF.L Amundi USD Fed Funds Rate UCITS ETF Acc | 1.94% | -3.17% | 7.07% | -0.16% | 13.68% | 0.92% | -2.67% | -1.76% | 7.77% | -7.80% |
Correlation
The correlation between MEUD.L and FEDF.L is -0.12, 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 | -0.12 |
Correlation (3Y) Calculated over the trailing 3-year period | -0.09 |
Correlation (5Y) Calculated over the trailing 5-year period | -0.14 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.04 |
Correlation (All Time) Calculated using the full available price history since Jul 13, 2015 | 0.05 |
The correlation between MEUD.L and FEDF.L shifts across timeframes, from -0.14 (5 years) to 0.05 (all time), reflecting how their relationship changes across market environments.
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Return for Risk
MEUD.L vs. FEDF.L — Risk / Return Rank
MEUD.L
FEDF.L
MEUD.L vs. FEDF.L - 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 USD Fed Funds Rate UCITS ETF Acc (FEDF.L). 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 | FEDF.L | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.86 | ||
| Sortino ratioReturn per unit of downside risk | +1.17 | ||
| Omega ratioGain probability vs. loss probability | 1.30 | 1.13 | +0.18 |
| Calmar ratioReturn relative to maximum drawdown | 1.85 | 0.95 | +0.90 |
| Martin ratioReturn relative to average drawdown | 6.70 | 2.57 | +4.13 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
Loading charts...
Sharpe Ratios by Period
| MEUD.L | FEDF.L | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.60 | 0.74 | +0.86 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.71 | 0.55 | +0.16 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.69 | 0.32 | +0.37 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.60 | 0.37 | +0.23 |
Drawdowns
MEUD.L vs. FEDF.L - Drawdown Comparison
The maximum MEUD.L drawdown since its inception was -28.57%, which is greater than FEDF.L's maximum drawdown of -19.27%. Use the drawdown chart below to compare losses from any high point for MEUD.L and FEDF.L.
Loading charts...
Drawdown Indicators
| MEUD.L | FEDF.L | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -28.57% | -19.27% | -9.30% |
Max Drawdown (1Y)Largest decline over 1 year | -10.53% | -5.17% | -5.36% |
Max Drawdown (3Y)Largest decline over 3 years | -12.61% | -9.85% | -2.76% |
Max Drawdown (5Y)Largest decline over 5 years | -17.09% | -15.75% | -1.34% |
Max Drawdown (10Y)Largest decline over 10 years | -28.57% | -19.27% | -9.30% |
Current DrawdownCurrent decline from peak | -1.33% | -5.89% | +4.56% |
Average DrawdownAverage peak-to-trough decline | -4.16% | -7.85% | +3.69% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.91% | 1.91% | +1.00% |
Volatility
MEUD.L vs. FEDF.L - Volatility Comparison
Lyxor Core STOXX Europe 600 (DR) - UCITS ETF Acc (MEUD.L) has a higher volatility of 4.14% compared to Amundi USD Fed Funds Rate UCITS ETF Acc (FEDF.L) at 1.78%. This indicates that MEUD.L's price experiences larger fluctuations and is considered to be riskier than FEDF.L based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| MEUD.L | FEDF.L | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 4.14% | 1.78% | +2.36% |
Volatility (6M)Calculated over the trailing 6-month period | 10.20% | 4.98% | +5.22% |
Volatility (1Y)Calculated over the trailing 1-year period | 12.14% | 6.62% | +5.52% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 13.94% | 8.49% | +5.45% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 14.92% | 9.50% | +5.42% |
MEUD.L vs. FEDF.L - Expense Ratio Comparison
MEUD.L has a 0.15% expense ratio, which is higher than FEDF.L'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. FEDF.L - Dividend Comparison
Neither MEUD.L nor FEDF.L has paid dividends to shareholders.
Frequently Asked Questions
MEUD.L and FEDF.L have a correlation of -0.12, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, FEDF.L is cheaper at 0.10% per year. The better choice depends on whether you care most about return, fees, risk, or income.
FEDF.L is cheaper with a 0.10% expense ratio, compared with 0.15% for MEUD.L.
MEUD.L is categorized as Europe Equities, while FEDF.L is Money Market. MEUD.L tracks MSCI Europe NR EUR, while FEDF.L tracks Solactive Fed Funds Effective Rate Total Return Index. Their fees differ too: 0.15% for MEUD.L and 0.10% for FEDF.L.
Find the right allocation for MEUD.L and FEDF.L
Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Optimizer