PBB.DE vs. 10AI.DE

Last updated Jun 5, 2026

PBB.DE (Deutsche Pfandbriefbank AG) is a stock, while 10AI.DE (Amundi Index MSCI Europe UCITS ETF DR EUR (D)) is Europe Equities fund tracking the MSCI Europe. Over the past 5 years, PBB.DE returned -10.92%/yr vs 9.90%/yr for 10AI.DE. At a 0.47 correlation, their price movements are largely independent.

Performance

PBB.DE vs. 10AI.DE - Performance Comparison

The chart below illustrates the hypothetical performance of a €10,000 investment in Deutsche Pfandbriefbank AG (PBB.DE) and Amundi Index MSCI Europe UCITS ETF DR EUR (D) (10AI.DE). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, PBB.DE achieves a -19.88% return, which is significantly lower than 10AI.DE's 7.51% return.

PBB.DE

• 1D: -2.20%
• 1M: 3.37%
• YTD: -19.88%
• 6M: -26.91%
• 1Y: -38.92%
• 3Y*: -17.28%
• 5Y*: -10.92%
• 10Y*: -0.65%

10AI.DE

• 1D: 0.60%
• 1M: 1.10%
• YTD: 7.51%
• 6M: 9.81%
• 1Y: 15.82%
• 3Y*: 13.61%
• 5Y*: 9.90%
• 10Y*: —

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

PBB.DE vs. 10AI.DE - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018
PBB.DE Deutsche Pfandbriefbank AG	-19.88%	-9.56%	-7.88%	-5.50%	-23.16%	27.38%	-18.75%	81.73%	-27.02%
10AI.DE Amundi Index MSCI Europe UCITS ETF DR EUR (D)	7.51%	20.22%	8.28%	15.64%	-9.34%	25.18%	-3.49%	30.37%	-11.21%

Correlation

The correlation between PBB.DE and 10AI.DE is 0.41, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.41
Correlation (3Y) Calculated over the trailing 3-year period	0.43
Correlation (5Y) Calculated over the trailing 5-year period	0.48
Correlation (All Time) Calculated using the full available price history since Apr 19, 2018	0.47

Return for Risk

PBB.DE vs. 10AI.DE — Risk / Return Rank

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

PBB.DE

PBB.DE Risk / Return Rank: 9
PBB.DE Sharpe Ratio Rank: 6
PBB.DE Sortino Ratio Rank: 7
PBB.DE Omega Ratio Rank: 8
PBB.DE Calmar Ratio Rank: 14
PBB.DE Martin Ratio Rank: 9

10AI.DE

10AI.DE Risk / Return Rank: 36
10AI.DE Sharpe Ratio Rank: 35
10AI.DE Sortino Ratio Rank: 36
10AI.DE Omega Ratio Rank: 36
10AI.DE Calmar Ratio Rank: 35
10AI.DE Martin Ratio Rank: 40

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.

PBB.DE vs. 10AI.DE - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Deutsche Pfandbriefbank AG (PBB.DE) and Amundi Index MSCI Europe UCITS ETF DR EUR (D) (10AI.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.

	PBB.DE	10AI.DE	Difference
Sharpe ratio: Return per unit of total volatility	-0.95	1.25	-2.19
Sortino ratio: Return per unit of downside risk	-1.36	1.84	-3.20
Omega ratio: Gain probability vs. loss probability	0.83	1.24	-0.41
Calmar ratio: Return relative to maximum drawdown	-0.74	1.69	-2.43
Martin ratio: Return relative to average drawdown	-1.38	6.28	-7.66
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

PBB.DE vs. 10AI.DE - Sharpe Ratio Comparison

The current PBB.DE Sharpe Ratio is -0.95, which is lower than the 10AI.DE Sharpe Ratio of 1.25. The chart below compares the historical Sharpe Ratios of PBB.DE and 10AI.DE, 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

	PBB.DE	10AI.DE	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	-0.95	1.25	-2.19
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	-0.28	0.69	-0.97
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	-0.02	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	-0.04	0.61	-0.64

Drawdowns

PBB.DE vs. 10AI.DE - Drawdown Comparison

The maximum PBB.DE drawdown since its inception was -67.34%, which is greater than 10AI.DE's maximum drawdown of -35.68%. Use the drawdown chart below to compare losses from any high point for PBB.DE and 10AI.DE.

Drawdown Indicators

	PBB.DE	10AI.DE	Difference
Max Drawdown Largest peak-to-trough decline	-67.34%	-35.68%	-31.66%
Max Drawdown (1Y) Largest decline over 1 year	-51.71%	-9.45%	-42.26%
Max Drawdown (3Y) Largest decline over 3 years	-56.20%	-16.63%	-39.57%
Max Drawdown (5Y) Largest decline over 5 years	-65.78%	-19.53%	-46.25%
Max Drawdown (10Y) Largest decline over 10 years	-67.34%	—	—
Current Drawdown Current decline from peak	-58.14%	-1.55%	-56.59%
Average Drawdown Average peak-to-trough decline	-24.04%	-4.88%	-19.16%
Ulcer Index Depth and duration of drawdowns from previous peaks	27.82%	2.55%	+25.27%

Volatility

PBB.DE vs. 10AI.DE - Volatility Comparison

Deutsche Pfandbriefbank AG (PBB.DE) has a higher volatility of 18.00% compared to Amundi Index MSCI Europe UCITS ETF DR EUR (D) (10AI.DE) at 4.22%. This indicates that PBB.DE's price experiences larger fluctuations and is considered to be riskier than 10AI.DE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	PBB.DE	10AI.DE	Difference
Volatility (1M) Calculated over the trailing 1-month period	18.00%	4.22%	+13.78%
Volatility (6M) Calculated over the trailing 6-month period	33.68%	10.60%	+23.08%
Volatility (1Y) Calculated over the trailing 1-year period	40.37%	12.84%	+27.53%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	38.26%	14.22%	+24.04%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	37.15%	17.06%	+20.09%

Dividends

PBB.DE vs. 10AI.DE - Dividend Comparison

PBB.DE's dividend yield for the trailing twelve months is around 4.44%, more than 10AI.DE's 2.34% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016
10AI.DE Amundi Index MSCI Europe UCITS ETF DR EUR (D)	2.34%	2.51%	2.82%	2.77%	3.02%	2.17%	2.07%	3.17%	3.21%	0.00%	0.00%
PBB.DE Deutsche Pfandbriefbank AG	4.44%	3.56%	19.84%	13.35%	16.23%	5.49%	19.14%	6.87%	12.24%	7.86%	4.71%

Frequently Asked Questions

Can I hold both PBB.DE and 10AI.DE in my portfolio?

PBB.DE and 10AI.DE have a correlation of 0.41, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.