MJMT.DE vs. HDXM.DE
MJMT.DE (Amundi MSCI Europe Momentum Factor UCITS ETF EUR) and HDXM.DE (Hashdex Crypto Momentum Factor ETN) are both Momentum funds - MJMT.DE tracks the MSCI Europe Momentum Index while HDXM.DE tracks the Kaiko Hashdex Risk Parity Momentum Crypto Index. Both are passively managed. Over the past 3 years, MJMT.DE returned 20.41%/yr vs 9.76%/yr for HDXM.DE. At a 0.24 correlation, their price movements are largely independent. MJMT.DE charges 0.23%/yr vs 1.49%/yr for HDXM.DE.
Performance
MJMT.DE vs. HDXM.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 HDXM.DE's -25.14% 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*
- —
HDXM.DE
- 1D
- -4.80%
- 1M
- -13.15%
- YTD
- -25.14%
- 6M
- -30.07%
- 1Y
- -38.95%
- 3Y*
- 9.76%
- 5Y*
- —
- 10Y*
- —
MJMT.DE vs. HDXM.DE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | |
|---|---|---|---|---|---|
MJMT.DE Amundi MSCI Europe Momentum Factor UCITS ETF EUR | 8.02% | 27.24% | 19.93% | 13.04% | 0.88% |
HDXM.DE Hashdex Crypto Momentum Factor ETN | -25.14% | -35.51% | 65.37% | 130.19% | -31.57% |
Correlation
The correlation between MJMT.DE and HDXM.DE is 0.28, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.28 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.25 |
Correlation (All Time) Calculated using the full available price history since Nov 9, 2022 | 0.24 |
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. HDXM.DE — Risk / Return Rank
MJMT.DE
HDXM.DE
MJMT.DE vs. HDXM.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 Hashdex Crypto Momentum Factor ETN (HDXM.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 | HDXM.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +1.95 | ||
| Sortino ratioReturn per unit of downside risk | +2.87 | ||
| Omega ratioGain probability vs. loss probability | 1.19 | 0.86 | +0.34 |
| Calmar ratioReturn relative to maximum drawdown | 1.51 | -0.72 | +2.23 |
| Martin ratioReturn relative to average drawdown | 5.64 | -1.13 | +6.77 |
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 | HDXM.DE | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.03 | -0.92 | +1.95 |
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 | 0.13 | +0.57 |
Drawdowns
MJMT.DE vs. HDXM.DE - Drawdown Comparison
The maximum MJMT.DE drawdown since its inception was -31.35%, smaller than the maximum HDXM.DE drawdown of -63.33%. Use the drawdown chart below to compare losses from any high point for MJMT.DE and HDXM.DE.
Loading charts...
Drawdown Indicators
| MJMT.DE | HDXM.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -31.35% | -63.33% | +31.98% |
Max Drawdown (1Y)Largest decline over 1 year | -11.56% | -54.05% | +42.49% |
Max Drawdown (3Y)Largest decline over 3 years | -15.62% | -63.33% | +47.71% |
Max Drawdown (5Y)Largest decline over 5 years | -23.84% | — | — |
Current DrawdownCurrent decline from peak | -1.36% | -63.33% | +61.97% |
Average DrawdownAverage peak-to-trough decline | -5.33% | -25.50% | +20.17% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 3.10% | 34.34% | -31.24% |
Volatility
MJMT.DE vs. HDXM.DE - Volatility Comparison
The current volatility for Amundi MSCI Europe Momentum Factor UCITS ETF EUR (MJMT.DE) is 4.49%, while Hashdex Crypto Momentum Factor ETN (HDXM.DE) has a volatility of 10.35%. This indicates that MJMT.DE experiences smaller price fluctuations and is considered to be less risky than HDXM.DE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| MJMT.DE | HDXM.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 4.49% | 10.35% | -5.86% |
Volatility (6M)Calculated over the trailing 6-month period | 14.45% | 28.32% | -13.87% |
Volatility (1Y)Calculated over the trailing 1-year period | 16.95% | 42.44% | -25.49% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 16.32% | 52.73% | -36.41% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 16.24% | 52.73% | -36.49% |
MJMT.DE vs. HDXM.DE - Expense Ratio Comparison
MJMT.DE has a 0.23% expense ratio, which is lower than HDXM.DE's 1.49% expense ratio.
Dividends
MJMT.DE vs. HDXM.DE - Dividend Comparison
Neither MJMT.DE nor HDXM.DE has paid dividends to shareholders.
Frequently Asked Questions
MJMT.DE and HDXM.DE have a correlation of 0.28, 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 1.49% for HDXM.DE.
MJMT.DE tracks MSCI Europe Momentum Index, while HDXM.DE tracks Kaiko Hashdex Risk Parity Momentum Crypto Index. They also come from different issuers: Amundi and Hashdex. Their fees differ too: 0.23% for MJMT.DE and 1.49% for HDXM.DE.
Find the right allocation for MJMT.DE and HDXM.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