MJMT.DE vs. ASWA.DE
MJMT.DE (Amundi MSCI Europe Momentum Factor UCITS ETF EUR) and ASWA.DE (HANetf European Green Deal UCITS ETF Acc) are both exchange-traded funds - MJMT.DE is a Momentum fund tracking the MSCI Europe Momentum Index, while ASWA.DE is a Europe Equities fund tracking the SGI European Green Deal ESG Screened. Both are passively managed. Over the past year, MJMT.DE returned 17.54% vs 0.26% for ASWA.DE. A 0.60 correlation means they provide meaningful diversification when combined. MJMT.DE charges 0.23%/yr vs 0.60%/yr for ASWA.DE.
Performance
MJMT.DE vs. ASWA.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 higher than ASWA.DE's -10.58% return.
MJMT.DE
- 1D
- 0.03%
- 1M
- 2.82%
- YTD
- 8.02%
- 6M
- 11.57%
- 1Y
- 17.54%
- 3Y*
- 20.41%
- 5Y*
- 11.41%
- 10Y*
- —
ASWA.DE
- 1D
- -0.09%
- 1M
- 0.41%
- YTD
- -10.58%
- 6M
- -9.71%
- 1Y
- 0.26%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
MJMT.DE vs. ASWA.DE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | |
|---|---|---|---|---|
MJMT.DE Amundi MSCI Europe Momentum Factor UCITS ETF EUR | 8.02% | 27.24% | 19.93% | 4.71% |
ASWA.DE HANetf European Green Deal UCITS ETF Acc | -10.58% | 26.07% | -11.37% | -2.40% |
Correlation
The correlation between MJMT.DE and ASWA.DE is 0.46, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.46 |
Correlation (All Time) Calculated using the full available price history since Jul 25, 2023 | 0.60 |
The correlation between MJMT.DE and ASWA.DE shifts across timeframes, from 0.46 (1 year) to 0.60 (all time), reflecting how their relationship changes across market environments.
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Return for Risk
MJMT.DE vs. ASWA.DE — Risk / Return Rank
MJMT.DE
ASWA.DE
MJMT.DE vs. ASWA.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 HANetf European Green Deal UCITS ETF Acc (ASWA.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 | ASWA.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +1.02 | ||
| Sortino ratioReturn per unit of downside risk | +1.37 | ||
| Omega ratioGain probability vs. loss probability | 1.19 | 1.06 | +0.13 |
| Calmar ratioReturn relative to maximum drawdown | 1.51 | 0.01 | +1.50 |
| Martin ratioReturn relative to average drawdown | 5.64 | 0.03 | +5.62 |
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 | ASWA.DE | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.03 | 0.01 | +1.02 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.69 | — | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.70 | -0.04 | +0.74 |
Drawdowns
MJMT.DE vs. ASWA.DE - Drawdown Comparison
The maximum MJMT.DE drawdown since its inception was -31.35%, roughly equal to the maximum ASWA.DE drawdown of -30.36%. Use the drawdown chart below to compare losses from any high point for MJMT.DE and ASWA.DE.
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Drawdown Indicators
| MJMT.DE | ASWA.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -31.35% | -30.36% | -0.99% |
Max Drawdown (1Y)Largest decline over 1 year | -11.56% | -30.36% | +18.80% |
Max Drawdown (3Y)Largest decline over 3 years | -15.62% | — | — |
Max Drawdown (5Y)Largest decline over 5 years | -23.84% | — | — |
Current DrawdownCurrent decline from peak | -1.36% | -23.85% | +22.49% |
Average DrawdownAverage peak-to-trough decline | -5.33% | -8.15% | +2.82% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 3.10% | 10.54% | -7.44% |
Volatility
MJMT.DE vs. ASWA.DE - Volatility Comparison
The current volatility for Amundi MSCI Europe Momentum Factor UCITS ETF EUR (MJMT.DE) is 4.49%, while HANetf European Green Deal UCITS ETF Acc (ASWA.DE) has a volatility of 7.52%. This indicates that MJMT.DE experiences smaller price fluctuations and is considered to be less risky than ASWA.DE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| MJMT.DE | ASWA.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 4.49% | 7.52% | -3.03% |
Volatility (6M)Calculated over the trailing 6-month period | 14.45% | 37.06% | -22.61% |
Volatility (1Y)Calculated over the trailing 1-year period | 16.95% | 33.68% | -16.73% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 16.32% | 24.72% | -8.40% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 16.24% | 24.72% | -8.48% |
MJMT.DE vs. ASWA.DE - Expense Ratio Comparison
MJMT.DE has a 0.23% expense ratio, which is lower than ASWA.DE's 0.60% expense ratio.
Dividends
MJMT.DE vs. ASWA.DE - Dividend Comparison
Neither MJMT.DE nor ASWA.DE has paid dividends to shareholders.
Frequently Asked Questions
MJMT.DE and ASWA.DE have a correlation of 0.46, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, MJMT.DE is cheaper at 0.23% per year. The better choice depends on whether you care most about return, fees, risk, or income.
MJMT.DE is cheaper with a 0.23% expense ratio, compared with 0.60% for ASWA.DE.
MJMT.DE is categorized as Momentum, while ASWA.DE is Europe Equities. MJMT.DE tracks MSCI Europe Momentum Index, while ASWA.DE tracks SGI European Green Deal ESG Screened. They also come from different issuers: Amundi and HANetf. Their fees differ too: 0.23% for MJMT.DE and 0.60% for ASWA.DE.
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