MPXG.L vs. MEUD.L

Last updated Jun 4, 2026

MPXG.L (Amundi Index MSCI Pacific ex Japan SRI PAB UCITS ETF DR GBP (D)) and MEUD.L (Lyxor Core STOXX Europe 600 (DR) - UCITS ETF Acc) are both exchange-traded funds - MPXG.L is a Asia Pacific Equities fund tracking the MSCI Pacific Ex Japan NR USD, while MEUD.L is a Europe Equities fund tracking the MSCI Europe NR EUR. Both are passively managed. Over the past 3 years, MPXG.L returned 4.17%/yr vs 13.74%/yr for MEUD.L. At a 0.42 correlation, their price movements are largely independent. Both charge a 0.15% expense ratio.

Performance

MPXG.L vs. MEUD.L - Performance Comparison

The chart below illustrates the hypothetical performance of a £10,000 investment in Amundi Index MSCI Pacific ex Japan SRI PAB UCITS ETF DR GBP (D) (MPXG.L) and Lyxor Core STOXX Europe 600 (DR) - UCITS ETF Acc (MEUD.L). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, MPXG.L achieves a 2.88% return, which is significantly lower than MEUD.L's 5.97% return.

MPXG.L

• 1D: -0.35%
• 1M: -2.75%
• YTD: 2.88%
• 6M: 2.63%
• 1Y: 5.29%
• 3Y*: 4.17%
• 5Y*: —
• 10Y*: —

MEUD.L

• 1D: -0.68%
• 1M: 1.97%
• YTD: 5.97%
• 6M: 8.66%
• 1Y: 19.47%
• 3Y*: 13.74%
• 5Y*: 9.76%
• 10Y*: 10.34%

*Multi-year figures are annualized to reflect compound growth (CAGR)

MPXG.L vs. MEUD.L - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022
MPXG.L Amundi Index MSCI Pacific ex Japan SRI PAB UCITS ETF DR GBP (D)	2.88%	5.53%	2.02%	-1.23%	1.81%
MEUD.L Lyxor Core STOXX Europe 600 (DR) - UCITS ETF Acc	5.97%	26.51%	3.65%	13.48%	0.37%

Correlation

The correlation between MPXG.L and MEUD.L 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	0.46
Correlation (All Time) Calculated using the full available price history since Dec 7, 2022	0.42

The correlation between MPXG.L and MEUD.L shifts across timeframes, from 0.42 (all time) to 0.61 (1 year), reflecting how their relationship changes across market environments.

Return for Risk

MPXG.L vs. MEUD.L — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

MPXG.L

MPXG.L Risk / Return Rank: 17
MPXG.L Sharpe Ratio Rank: 17
MPXG.L Sortino Ratio Rank: 16
MPXG.L Omega Ratio Rank: 16
MPXG.L Calmar Ratio Rank: 19
MPXG.L Martin Ratio Rank: 18

MEUD.L

MEUD.L Risk / Return Rank: 43
MEUD.L Sharpe Ratio Rank: 45
MEUD.L Sortino Ratio Rank: 44
MEUD.L Omega Ratio Rank: 47
MEUD.L Calmar Ratio Rank: 37
MEUD.L Martin Ratio Rank: 41

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

MPXG.L vs. MEUD.L - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Amundi Index MSCI Pacific ex Japan SRI PAB UCITS ETF DR GBP (D) (MPXG.L) and Lyxor Core STOXX Europe 600 (DR) - UCITS ETF Acc (MEUD.L). 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.

	MPXG.L	MEUD.L	Difference
Sharpe ratio: Return per unit of total volatility	0.48	1.60	-1.11
Sortino ratio: Return per unit of downside risk	0.77	2.25	-1.48
Omega ratio: Gain probability vs. loss probability	1.09	1.30	-0.21
Calmar ratio: Return relative to maximum drawdown	0.74	1.84	-1.10
Martin ratio: Return relative to average drawdown	1.90	6.68	-4.78
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

MPXG.L vs. MEUD.L - Sharpe Ratio Comparison

The current MPXG.L Sharpe Ratio is 0.48, which is lower than the MEUD.L Sharpe Ratio of 1.60. The chart below compares the historical Sharpe Ratios of MPXG.L and MEUD.L, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Sharpe Ratios by Period

	MPXG.L	MEUD.L	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	0.48	1.60	-1.11
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	—	0.70	—
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	—	0.69	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.28	0.59	-0.31

Drawdowns

MPXG.L vs. MEUD.L - Drawdown Comparison

The maximum MPXG.L drawdown since its inception was -16.94%, smaller than the maximum MEUD.L drawdown of -28.57%. Use the drawdown chart below to compare losses from any high point for MPXG.L and MEUD.L.

Drawdown Indicators

	MPXG.L	MEUD.L	Difference
Max Drawdown Largest peak-to-trough decline	-16.94%	-28.57%	+11.63%
Max Drawdown (1Y) Largest decline over 1 year	-7.42%	-10.53%	+3.11%
Max Drawdown (3Y) Largest decline over 3 years	-15.75%	-12.61%	-3.14%
Max Drawdown (5Y) Largest decline over 5 years	—	-17.09%	—
Max Drawdown (10Y) Largest decline over 10 years	—	-28.57%	—
Current Drawdown Current decline from peak	-5.39%	-1.90%	-3.49%
Average Drawdown Average peak-to-trough decline	-5.30%	-4.17%	-1.13%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.84%	2.91%	-0.07%

Volatility

MPXG.L vs. MEUD.L - Volatility Comparison

The current volatility for Amundi Index MSCI Pacific ex Japan SRI PAB UCITS ETF DR GBP (D) (MPXG.L) is 3.74%, while Lyxor Core STOXX Europe 600 (DR) - UCITS ETF Acc (MEUD.L) has a volatility of 4.20%. This indicates that MPXG.L experiences smaller price fluctuations and is considered to be less risky than MEUD.L based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	MPXG.L	MEUD.L	Difference
Volatility (1M) Calculated over the trailing 1-month period	3.74%	4.20%	-0.46%
Volatility (6M) Calculated over the trailing 6-month period	9.14%	10.19%	-1.05%
Volatility (1Y) Calculated over the trailing 1-year period	11.41%	12.13%	-0.72%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	14.91%	13.94%	+0.97%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	14.91%	14.92%	-0.01%

MPXG.L vs. MEUD.L - Expense Ratio Comparison

Both MPXG.L and MEUD.L have an expense ratio of 0.15%, making them cost-effective options compared to the broader market, where average expense ratios typically range from 0.3% to 0.9%.

Dividends

MPXG.L vs. MEUD.L - Dividend Comparison

MPXG.L's dividend yield for the trailing twelve months is around 3.15%, while MEUD.L has not paid dividends to shareholders.

Position	TTM	2025	2024	2023
MEUD.L Lyxor Core STOXX Europe 600 (DR) - UCITS ETF Acc	0.00%	0.00%	0.00%	0.00%
MPXG.L Amundi Index MSCI Pacific ex Japan SRI PAB UCITS ETF DR GBP (D)	3.15%	3.24%	3.36%	3.87%

Frequently Asked Questions

Can I hold both MPXG.L and MEUD.L in my portfolio?

MPXG.L and MEUD.L 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.

Which ETF is better, MPXG.L or MEUD.L?

Both ETFs have the same 0.15% expense ratio. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, MPXG.L or MEUD.L?

MPXG.L and MEUD.L have the same expense ratio: 0.15% per year.

What is the main difference between MPXG.L and MEUD.L?

MPXG.L is categorized as Asia Pacific Equities, while MEUD.L is Europe Equities. MPXG.L tracks MSCI Pacific Ex Japan NR USD, while MEUD.L tracks MSCI Europe NR EUR.