MJMT.DE vs. EUN0.DE
MJMT.DE (Amundi MSCI Europe Momentum Factor UCITS ETF EUR) and EUN0.DE (iShares Edge MSCI Europe Minimum Volatility UCITS ETF) are both exchange-traded funds - MJMT.DE is a Momentum fund tracking the MSCI Europe Momentum Index, while EUN0.DE is a Europe Equities fund tracking the MSCI Europe Minimum Volatility. Both are passively managed. Over the past 5 years, MJMT.DE returned 11.41%/yr vs 7.36%/yr for EUN0.DE. Their correlation of 0.80 suggests significant overlap in exposure. MJMT.DE charges 0.23%/yr vs 0.25%/yr for EUN0.DE.
Performance
MJMT.DE vs. EUN0.DE - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, MJMT.DE achieves a 8.02% return, which is significantly higher than EUN0.DE's 5.60% 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*
- —
EUN0.DE
- 1D
- 0.54%
- 1M
- -0.19%
- YTD
- 5.60%
- 6M
- 7.10%
- 1Y
- 5.26%
- 3Y*
- 10.39%
- 5Y*
- 7.36%
- 10Y*
- 6.66%
MJMT.DE vs. EUN0.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% |
EUN0.DE iShares Edge MSCI Europe Minimum Volatility UCITS ETF | 5.60% | 12.27% | 11.42% | 10.79% | -13.21% | 21.54% | -4.02% | 24.17% | -4.36% | 9.14% |
Correlation
The correlation between MJMT.DE and EUN0.DE is 0.59, 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 | 0.59 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.71 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.76 |
Correlation (All Time) Calculated using the full available price history since Jul 13, 2016 | 0.80 |
Over the past year, the correlation between MJMT.DE and EUN0.DE has dropped to 0.59 - well below their long-term average of 0.80, suggesting their price drivers have been diverging.
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
MJMT.DE vs. EUN0.DE — Risk / Return Rank
MJMT.DE
EUN0.DE
MJMT.DE vs. EUN0.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 iShares Edge MSCI Europe Minimum Volatility UCITS ETF (EUN0.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 | EUN0.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.41 | ||
| Sortino ratioReturn per unit of downside risk | +0.68 | ||
| Omega ratioGain probability vs. loss probability | 1.19 | 1.11 | +0.08 |
| Calmar ratioReturn relative to maximum drawdown | 1.51 | 0.76 | +0.75 |
| Martin ratioReturn relative to average drawdown | 5.64 | 1.97 | +3.67 |
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
| MJMT.DE | EUN0.DE | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.03 | 0.62 | +0.41 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.69 | 0.66 | +0.03 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | — | 0.53 | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.70 | 0.63 | +0.07 |
Drawdowns
MJMT.DE vs. EUN0.DE - Drawdown Comparison
The maximum MJMT.DE drawdown since its inception was -31.35%, roughly equal to the maximum EUN0.DE drawdown of -30.68%. Use the drawdown chart below to compare losses from any high point for MJMT.DE and EUN0.DE.
Loading charts...
Drawdown Indicators
| MJMT.DE | EUN0.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -31.35% | -30.68% | -0.67% |
Max Drawdown (1Y)Largest decline over 1 year | -11.56% | -7.16% | -4.40% |
Max Drawdown (3Y)Largest decline over 3 years | -15.62% | -10.73% | -4.89% |
Max Drawdown (5Y)Largest decline over 5 years | -23.84% | -19.64% | -4.20% |
Max Drawdown (10Y)Largest decline over 10 years | — | -30.68% | — |
Current DrawdownCurrent decline from peak | -1.36% | -3.12% | +1.76% |
Average DrawdownAverage peak-to-trough decline | -5.33% | -4.69% | -0.64% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 3.10% | 2.76% | +0.34% |
Volatility
MJMT.DE vs. EUN0.DE - Volatility Comparison
Amundi MSCI Europe Momentum Factor UCITS ETF EUR (MJMT.DE) has a higher volatility of 4.49% compared to iShares Edge MSCI Europe Minimum Volatility UCITS ETF (EUN0.DE) at 3.03%. This indicates that MJMT.DE's price experiences larger fluctuations and is considered to be riskier than EUN0.DE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| MJMT.DE | EUN0.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 4.49% | 3.03% | +1.46% |
Volatility (6M)Calculated over the trailing 6-month period | 14.45% | 7.20% | +7.25% |
Volatility (1Y)Calculated over the trailing 1-year period | 16.95% | 8.77% | +8.18% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 16.32% | 11.02% | +5.30% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 16.24% | 12.51% | +3.73% |
MJMT.DE vs. EUN0.DE - Expense Ratio Comparison
MJMT.DE has a 0.23% expense ratio, which is lower than EUN0.DE's 0.25% expense ratio. Despite the difference, both funds are considered low-cost compared to the broader market, where average expense ratios usually range from 0.3% to 0.9%.
Dividends
MJMT.DE vs. EUN0.DE - Dividend Comparison
Neither MJMT.DE nor EUN0.DE has paid dividends to shareholders.
Frequently Asked Questions
MJMT.DE and EUN0.DE have a correlation of 0.59, 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 0.25% for EUN0.DE.
MJMT.DE is categorized as Momentum, while EUN0.DE is Europe Equities. MJMT.DE tracks MSCI Europe Momentum Index, while EUN0.DE tracks MSCI Europe Minimum Volatility. They also come from different issuers: Amundi and iShares. Their fees differ too: 0.23% for MJMT.DE and 0.25% for EUN0.DE.
Find the right allocation for MJMT.DE and EUN0.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