MIVA.DE vs. DX2G.DE
MIVA.DE (Amundi MSCI Europe Minimum Volatility Factor UCITS ETF EUR (C)) and DX2G.DE (Xtrackers CAC 40 UCITS ETF) are both Europe Equities funds - MIVA.DE tracks the MSCI Europe Minimum Volatility while DX2G.DE tracks the CAC 40®. Both are passively managed. Over the past 10 years, MIVA.DE returned 6.51%/yr vs 9.43%/yr for DX2G.DE. A 0.73 correlation means they provide meaningful diversification when combined. MIVA.DE charges 0.23%/yr vs 0.20%/yr for DX2G.DE.
Performance
MIVA.DE vs. DX2G.DE - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, MIVA.DE achieves a 5.31% return, which is significantly higher than DX2G.DE's 3.56% return. Over the past 10 years, MIVA.DE has underperformed DX2G.DE with an annualized return of 6.51%, while DX2G.DE has yielded a comparatively higher 9.43% annualized return.
MIVA.DE
- 1D
- 0.58%
- 1M
- -0.46%
- YTD
- 5.31%
- 6M
- 6.85%
- 1Y
- 5.14%
- 3Y*
- 10.24%
- 5Y*
- 7.20%
- 10Y*
- 6.51%
DX2G.DE
- 1D
- 1.24%
- 1M
- 0.29%
- YTD
- 3.56%
- 6M
- 3.99%
- 1Y
- 9.17%
- 3Y*
- 7.75%
- 5Y*
- 7.91%
- 10Y*
- 9.43%
MIVA.DE vs. DX2G.DE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
MIVA.DE Amundi MSCI Europe Minimum Volatility Factor UCITS ETF EUR (C) | 5.31% | 12.05% | 11.43% | 10.68% | -13.34% | 21.25% | -4.14% | 24.17% | -4.44% | 9.03% |
DX2G.DE Xtrackers CAC 40 UCITS ETF | 3.56% | 14.51% | -0.04% | 19.30% | -6.47% | 30.47% | -4.99% | 32.76% | -9.63% | 13.19% |
Correlation
The correlation between MIVA.DE and DX2G.DE is 0.69, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.69 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.69 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.75 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.78 |
Correlation (All Time) Calculated using the full available price history since Mar 18, 2010 | 0.73 |
The correlation between MIVA.DE and DX2G.DE has been stable across timeframes, ranging from 0.69 to 0.78 - a consistent structural relationship.
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
MIVA.DE vs. DX2G.DE — Risk / Return Rank
MIVA.DE
DX2G.DE
MIVA.DE vs. DX2G.DE - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Amundi MSCI Europe Minimum Volatility Factor UCITS ETF EUR (C) (MIVA.DE) and Xtrackers CAC 40 UCITS ETF (DX2G.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.
| MIVA.DE | DX2G.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.02 | ||
| Sortino ratioReturn per unit of downside risk | -0.11 | ||
| Omega ratioGain probability vs. loss probability | 1.11 | 1.12 | -0.01 |
| Calmar ratioReturn relative to maximum drawdown | 0.75 | 0.82 | -0.06 |
| Martin ratioReturn relative to average drawdown | 1.96 | 2.51 | -0.55 |
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
| MIVA.DE | DX2G.DE | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 0.60 | 0.62 | -0.02 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.65 | 0.47 | +0.18 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.52 | 0.52 | 0.00 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.53 | 0.48 | +0.05 |
Drawdowns
MIVA.DE vs. DX2G.DE - Drawdown Comparison
The maximum MIVA.DE drawdown since its inception was -30.57%, smaller than the maximum DX2G.DE drawdown of -38.70%. Use the drawdown chart below to compare losses from any high point for MIVA.DE and DX2G.DE.
Loading charts...
Drawdown Indicators
| MIVA.DE | DX2G.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -30.57% | -38.70% | +8.13% |
Max Drawdown (1Y)Largest decline over 1 year | -6.94% | -10.92% | +3.98% |
Max Drawdown (3Y)Largest decline over 3 years | -11.02% | -16.22% | +5.20% |
Max Drawdown (5Y)Largest decline over 5 years | -19.69% | -20.89% | +1.20% |
Max Drawdown (10Y)Largest decline over 10 years | -30.57% | -38.70% | +8.13% |
Current DrawdownCurrent decline from peak | -3.21% | -2.30% | -0.91% |
Average DrawdownAverage peak-to-trough decline | -5.64% | -6.46% | +0.82% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.67% | 3.56% | -0.89% |
Volatility
MIVA.DE vs. DX2G.DE - Volatility Comparison
The current volatility for Amundi MSCI Europe Minimum Volatility Factor UCITS ETF EUR (C) (MIVA.DE) is 3.14%, while Xtrackers CAC 40 UCITS ETF (DX2G.DE) has a volatility of 4.71%. This indicates that MIVA.DE experiences smaller price fluctuations and is considered to be less risky than DX2G.DE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| MIVA.DE | DX2G.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 3.14% | 4.71% | -1.57% |
Volatility (6M)Calculated over the trailing 6-month period | 7.19% | 11.25% | -4.06% |
Volatility (1Y)Calculated over the trailing 1-year period | 8.76% | 14.42% | -5.66% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 10.96% | 16.76% | -5.80% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 12.34% | 17.95% | -5.61% |
MIVA.DE vs. DX2G.DE - Expense Ratio Comparison
MIVA.DE has a 0.23% expense ratio, which is higher than DX2G.DE's 0.20% 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
MIVA.DE vs. DX2G.DE - Dividend Comparison
MIVA.DE has not paid dividends to shareholders, while DX2G.DE's dividend yield for the trailing twelve months is around 2.97%.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
DX2G.DE Xtrackers CAC 40 UCITS ETF | 2.97% | 2.78% | 3.06% | 2.92% | 4.66% | 1.41% | 3.38% | 2.74% | 2.51% | 2.99% | 2.25% | 0.24% |
MIVA.DE Amundi MSCI Europe Minimum Volatility Factor UCITS ETF EUR (C) | 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
MIVA.DE and DX2G.DE have a correlation of 0.69, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, DX2G.DE is cheaper at 0.20% per year. The better choice depends on whether you care most about return, fees, risk, or income.
DX2G.DE is cheaper with a 0.20% expense ratio, compared with 0.23% for MIVA.DE.
MIVA.DE tracks MSCI Europe Minimum Volatility, while DX2G.DE tracks CAC 40®. They also come from different issuers: Amundi and Xtrackers. Their fees differ too: 0.23% for MIVA.DE and 0.20% for DX2G.DE.
Find the right allocation for MIVA.DE and DX2G.DE
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