MJMT.DE vs. 6AQQ.DE
MJMT.DE (Amundi MSCI Europe Momentum Factor UCITS ETF EUR) and 6AQQ.DE (Amundi Nasdaq 100 UCITS ETF EUR) are both exchange-traded funds - MJMT.DE is a Momentum fund tracking the MSCI Europe Momentum Index, while 6AQQ.DE is a Nasdaq-100 fund tracking the Nasdaq 100®. Both are passively managed. Over the past 5 years, MJMT.DE returned 11.41%/yr vs 18.87%/yr for 6AQQ.DE. A 0.61 correlation means they provide meaningful diversification when combined. Both charge a 0.23% expense ratio.
Performance
MJMT.DE vs. 6AQQ.DE - Performance Comparison
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Returns By Period
In the year-to-date period, MJMT.DE achieves a 8.02% return, which is significantly lower than 6AQQ.DE's 20.65% return.
MJMT.DE
- 1D
- 0.03%
- 1M
- 1.15%
- YTD
- 8.02%
- 6M
- 12.09%
- 1Y
- 17.13%
- 3Y*
- 20.41%
- 5Y*
- 11.41%
- 10Y*
- —
6AQQ.DE
- 1D
- -0.84%
- 1M
- 7.97%
- YTD
- 20.65%
- 6M
- 18.79%
- 1Y
- 37.28%
- 3Y*
- 24.68%
- 5Y*
- 18.87%
- 10Y*
- 21.42%
MJMT.DE vs. 6AQQ.DE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
MJMT.DE Amundi MSCI Europe Momentum Factor UCITS ETF EUR | 8.02% | 27.24% | 19.93% | 13.04% | -15.57% | 22.09% | 10.97% | 31.75% | -10.54% | 11.30% |
6AQQ.DE Amundi Nasdaq 100 UCITS ETF EUR | 20.65% | 7.08% | 33.77% | 51.54% | -29.96% | 39.62% | 34.72% | 42.90% | 3.22% | 15.90% |
Correlation
The correlation between MJMT.DE and 6AQQ.DE is 0.52, 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 | 0.52 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.52 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.54 |
Correlation (All Time) Calculated using the full available price history since Jul 13, 2016 | 0.61 |
The correlation between MJMT.DE and 6AQQ.DE has been stable across timeframes, ranging from 0.52 to 0.61 - a consistent structural relationship.
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Return for Risk
MJMT.DE vs. 6AQQ.DE — Risk / Return Rank
MJMT.DE
6AQQ.DE
MJMT.DE vs. 6AQQ.DE - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Amundi MSCI Europe Momentum Factor UCITS ETF EUR (MJMT.DE) and Amundi Nasdaq 100 UCITS ETF EUR (6AQQ.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.
| MJMT.DE | 6AQQ.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -1.38 | ||
| Sortino ratioReturn per unit of downside risk | -1.61 | ||
| Omega ratioGain probability vs. loss probability | 1.19 | 1.42 | -0.23 |
| Calmar ratioReturn relative to maximum drawdown | 1.51 | 3.77 | -2.26 |
| Martin ratioReturn relative to average drawdown | 5.64 | 11.17 | -5.53 |
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
| MJMT.DE | 6AQQ.DE | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.03 | 2.41 | -1.38 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.69 | 0.94 | -0.25 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | — | 1.08 | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.70 | 1.08 | -0.38 |
Drawdowns
MJMT.DE vs. 6AQQ.DE - Drawdown Comparison
The maximum MJMT.DE drawdown since its inception was -31.35%, roughly equal to the maximum 6AQQ.DE drawdown of -31.19%. Use the drawdown chart below to compare losses from any high point for MJMT.DE and 6AQQ.DE.
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Drawdown Indicators
| MJMT.DE | 6AQQ.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -31.35% | -31.19% | -0.16% |
Max Drawdown (1Y)Largest decline over 1 year | -11.56% | -10.01% | -1.55% |
Max Drawdown (3Y)Largest decline over 3 years | -15.62% | -26.73% | +11.11% |
Max Drawdown (5Y)Largest decline over 5 years | -23.84% | -31.19% | +7.35% |
Max Drawdown (10Y)Largest decline over 10 years | — | -31.19% | — |
Current DrawdownCurrent decline from peak | -1.36% | -0.84% | -0.52% |
Average DrawdownAverage peak-to-trough decline | -5.33% | -5.36% | +0.03% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 3.10% | 3.39% | -0.29% |
Volatility
MJMT.DE vs. 6AQQ.DE - Volatility Comparison
Amundi MSCI Europe Momentum Factor UCITS ETF EUR (MJMT.DE) and Amundi Nasdaq 100 UCITS ETF EUR (6AQQ.DE) have volatilities of 4.49% and 4.40%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| MJMT.DE | 6AQQ.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 4.49% | 4.40% | +0.09% |
Volatility (6M)Calculated over the trailing 6-month period | 14.45% | 10.96% | +3.49% |
Volatility (1Y)Calculated over the trailing 1-year period | 16.95% | 15.66% | +1.29% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 16.32% | 19.83% | -3.51% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 16.24% | 19.63% | -3.39% |
MJMT.DE vs. 6AQQ.DE - Expense Ratio Comparison
Both MJMT.DE and 6AQQ.DE have an expense ratio of 0.23%, making them cost-effective options compared to the broader market, where average expense ratios typically range from 0.3% to 0.9%.
Dividends
MJMT.DE vs. 6AQQ.DE - Dividend Comparison
Neither MJMT.DE nor 6AQQ.DE has paid dividends to shareholders.
Frequently Asked Questions
MJMT.DE and 6AQQ.DE have a correlation of 0.52, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
Both ETFs have the same 0.23% expense ratio. The better choice depends on whether you care most about return, fees, risk, or income.
MJMT.DE and 6AQQ.DE have the same expense ratio: 0.23% per year.
MJMT.DE is categorized as Momentum, while 6AQQ.DE is Nasdaq-100. MJMT.DE tracks MSCI Europe Momentum Index, while 6AQQ.DE tracks Nasdaq 100®.
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