MIVA.DE vs. S6X0.DE
MIVA.DE (Amundi MSCI Europe Minimum Volatility Factor UCITS ETF EUR (C)) and S6X0.DE (Invesco EURO STOXX 50 UCITS ETF Dist) are both Europe Equities funds - MIVA.DE tracks the MSCI Europe Minimum Volatility while S6X0.DE tracks the EURO STOXX 50. Both are passively managed. Over the past 10 years, MIVA.DE returned 7.30%/yr vs 11.50%/yr for S6X0.DE. Their correlation of 0.81 suggests significant overlap in exposure. MIVA.DE charges 0.23%/yr vs 0.05%/yr for S6X0.DE.
Performance
MIVA.DE vs. S6X0.DE - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, MIVA.DE achieves a 7.08% return, which is significantly lower than S6X0.DE's 9.45% return. Over the past 10 years, MIVA.DE has underperformed S6X0.DE with an annualized return of 7.30%, while S6X0.DE has yielded a comparatively higher 11.50% annualized return.
MIVA.DE
- 1D
- -0.16%
- 1M
- 0.73%
- YTD
- 7.08%
- 6M
- 7.57%
- 1Y
- 10.34%
- 3Y*
- 11.51%
- 5Y*
- 6.99%
- 10Y*
- 7.30%
S6X0.DE
- 1D
- -0.73%
- 1M
- 2.60%
- YTD
- 9.45%
- 6M
- 10.38%
- 1Y
- 21.57%
- 3Y*
- 16.10%
- 5Y*
- 11.63%
- 10Y*
- 11.50%
MIVA.DE vs. S6X0.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) | 7.08% | 12.05% | 11.43% | 10.68% | -13.34% | 21.25% | -4.14% | 24.17% | -4.44% | 9.03% |
S6X0.DE Invesco EURO STOXX 50 UCITS ETF Dist | 9.45% | 22.02% | 10.94% | 22.43% | -9.00% | 23.10% | -2.98% | 29.97% | -12.04% | 10.08% |
Correlation
The correlation between MIVA.DE and S6X0.DE is 0.61, 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 | 0.61 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.67 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.74 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.78 |
Correlation (All Time) Calculated using the full available price history since Feb 3, 2014 | 0.81 |
The correlation between MIVA.DE and S6X0.DE shifts across timeframes, from 0.61 (1 year) to 0.81 (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
MIVA.DE vs. S6X0.DE — Risk / Return Rank
MIVA.DE
S6X0.DE
MIVA.DE vs. S6X0.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 Invesco EURO STOXX 50 UCITS ETF Dist (S6X0.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.
| MIVA.DE | S6X0.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.17 | ||
| Sortino ratioReturn per unit of downside risk | -0.39 | ||
| Omega ratioGain probability vs. loss probability | 1.21 | 1.25 | -0.03 |
| Calmar ratioReturn relative to maximum drawdown | 1.48 | 1.98 | -0.49 |
| Martin ratioReturn relative to average drawdown | 4.46 | 6.86 | -2.40 |
Loading charts...
Drawdowns
MIVA.DE vs. S6X0.DE - Drawdown Comparison
The maximum MIVA.DE drawdown since its inception was -30.57%, smaller than the maximum S6X0.DE drawdown of -38.54%. Use the drawdown chart below to compare losses from any high point for MIVA.DE and S6X0.DE.
Loading charts...
Drawdown Indicators
| MIVA.DE | S6X0.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -30.57% | -38.54% | +7.97% |
Max Drawdown (1Y)Largest decline over 1 year | -6.94% | -10.88% | +3.94% |
Max Drawdown (3Y)Largest decline over 3 years | -11.02% | -16.56% | +5.54% |
Max Drawdown (5Y)Largest decline over 5 years | -19.69% | -23.41% | +3.72% |
Max Drawdown (10Y)Largest decline over 10 years | -30.57% | -38.54% | +7.97% |
Current DrawdownCurrent decline from peak | -1.58% | -1.56% | -0.02% |
Average DrawdownAverage peak-to-trough decline | -4.87% | -7.69% | +2.82% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.31% | 3.14% | -0.83% |
Volatility
MIVA.DE vs. S6X0.DE - Volatility Comparison
The current volatility for Amundi MSCI Europe Minimum Volatility Factor UCITS ETF EUR (C) (MIVA.DE) is 1.76%, while Invesco EURO STOXX 50 UCITS ETF Dist (S6X0.DE) has a volatility of 3.66%. This indicates that MIVA.DE experiences smaller price fluctuations and is considered to be less risky than S6X0.DE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| MIVA.DE | S6X0.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 1.76% | 3.66% | -1.90% |
Volatility (6M)Calculated over the trailing 6-month period | 7.24% | 13.16% | -5.92% |
Volatility (1Y)Calculated over the trailing 1-year period | 8.74% | 15.93% | -7.19% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 10.94% | 17.52% | -6.58% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 12.09% | 17.98% | -5.89% |
MIVA.DE vs. S6X0.DE - Expense Ratio Comparison
MIVA.DE has a 0.23% expense ratio, which is higher than S6X0.DE's 0.05% 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. S6X0.DE - Dividend Comparison
MIVA.DE has not paid dividends to shareholders, while S6X0.DE's dividend yield for the trailing twelve months is around 2.78%.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
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% |
S6X0.DE Invesco EURO STOXX 50 UCITS ETF Dist | 2.78% | 2.99% | 3.38% | 3.17% | 3.10% | 2.47% | 2.53% | 3.49% | 3.69% | 2.99% | 3.17% | 3.05% |
Frequently Asked Questions
MIVA.DE and S6X0.DE have a correlation of 0.61, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, S6X0.DE is cheaper at 0.05% per year. The better choice depends on whether you care most about return, fees, risk, or income.
S6X0.DE is cheaper with a 0.05% expense ratio, compared with 0.23% for MIVA.DE.
MIVA.DE tracks MSCI Europe Minimum Volatility, while S6X0.DE tracks EURO STOXX 50. They also come from different issuers: Amundi and Invesco. Their fees differ too: 0.23% for MIVA.DE and 0.05% for S6X0.DE.
Find the right allocation for MIVA.DE and S6X0.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