PSP5.PA vs. DCAM.PA

Last updated Jun 4, 2026

PSP5.PA (Amundi PEA S&P 500 UCITS ETF Acc) and DCAM.PA (Amundi PEA Monde (MSCI World) UCITS ETF Acc) are both exchange-traded funds - PSP5.PA is a S&P 500 fund tracking the S&P 500 Index, while DCAM.PA is a Global Equities fund tracking the MSCI World Index. Both are passively managed. Over the past year, PSP5.PA returned 25.42% vs 25.49% for DCAM.PA. With a 0.96 correlation, they move nearly in lockstep. PSP5.PA charges 0.12%/yr vs 0.20%/yr for DCAM.PA.

Performance

PSP5.PA vs. DCAM.PA - Performance Comparison

The chart below illustrates the hypothetical performance of a €10,000 investment in Amundi PEA S&P 500 UCITS ETF Acc (PSP5.PA) and Amundi PEA Monde (MSCI World) UCITS ETF Acc (DCAM.PA). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

The year-to-date returns for both stocks are quite close, with PSP5.PA having a 11.62% return and DCAM.PA slightly lower at 11.34%.

PSP5.PA

• 1D: -0.29%
• 1M: 6.07%
• YTD: 11.62%
• 6M: 11.50%
• 1Y: 25.42%
• 3Y*: 19.00%
• 5Y*: 14.71%
• 10Y*: 15.12%

DCAM.PA

• 1D: 0.43%
• 1M: 6.19%
• YTD: 11.34%
• 6M: 11.99%
• 1Y: 25.49%
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

PSP5.PA vs. DCAM.PA - Yearly Performance Comparison

	2026 (YTD)	2025
PSP5.PA Amundi PEA S&P 500 UCITS ETF Acc	11.62%	15.78%
DCAM.PA Amundi PEA Monde (MSCI World) UCITS ETF Acc	11.34%	15.54%

Correlation

The correlation between PSP5.PA and DCAM.PA is 0.95 - these two move nearly in lockstep. At this level, holding both provides almost no diversification benefit. If you already own one, adding the other does little to reduce portfolio risk.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.95
Correlation (All Time) Calculated using the full available price history since Mar 12, 2025	0.96

The correlation between PSP5.PA and DCAM.PA has been stable across timeframes, ranging from 0.95 to 0.96 - a consistent structural relationship.

Return for Risk

PSP5.PA vs. DCAM.PA — Risk / Return Rank

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

PSP5.PA

PSP5.PA Risk / Return Rank: 68
PSP5.PA Sharpe Ratio Rank: 68
PSP5.PA Sortino Ratio Rank: 65
PSP5.PA Omega Ratio Rank: 70
PSP5.PA Calmar Ratio Rank: 71
PSP5.PA Martin Ratio Rank: 69

DCAM.PA

DCAM.PA Risk / Return Rank: 72
DCAM.PA Sharpe Ratio Rank: 68
DCAM.PA Sortino Ratio Rank: 68
DCAM.PA Omega Ratio Rank: 70
DCAM.PA Calmar Ratio Rank: 75
DCAM.PA Martin Ratio Rank: 77

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.

PSP5.PA vs. DCAM.PA - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Amundi PEA S&P 500 UCITS ETF Acc (PSP5.PA) and Amundi PEA Monde (MSCI World) UCITS ETF Acc (DCAM.PA). 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.

	PSP5.PA	DCAM.PA	Difference
Sharpe ratio Return per unit of total volatility	2.23	2.30	-0.07
Sortino ratio Return per unit of downside risk	3.02	3.20	-0.18
Omega ratio Gain probability vs. loss probability	1.42	1.43	-0.01
Calmar ratio Return relative to maximum drawdown	3.54	3.85	-0.31
Martin ratio Return relative to average drawdown	12.65	15.38	-2.72
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

PSP5.PA vs. DCAM.PA - Sharpe Ratio Comparison

The current PSP5.PA Sharpe Ratio is 2.23, which is comparable to the DCAM.PA Sharpe Ratio of 2.30. The chart below compares the historical Sharpe Ratios of PSP5.PA and DCAM.PA, 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

	PSP5.PA	DCAM.PA	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	2.23	2.30	-0.07
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.96	—	—
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.93	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.90	1.49	-0.58

Drawdowns

PSP5.PA vs. DCAM.PA - Drawdown Comparison

The maximum PSP5.PA drawdown since its inception was -33.70%, which is greater than DCAM.PA's maximum drawdown of -15.45%. Use the drawdown chart below to compare losses from any high point for PSP5.PA and DCAM.PA.

Drawdown Indicators

	PSP5.PA	DCAM.PA	Difference
Max Drawdown Largest peak-to-trough decline	-33.70%	-15.45%	-18.25%
Max Drawdown (1Y) Largest decline over 1 year	-7.09%	-6.54%	-0.55%
Max Drawdown (3Y) Largest decline over 3 years	-23.20%	—	—
Max Drawdown (5Y) Largest decline over 5 years	-23.20%	—	—
Max Drawdown (10Y) Largest decline over 10 years	-33.70%	—	—
Current Drawdown Current decline from peak	-0.29%	0.00%	-0.29%
Average Drawdown Average peak-to-trough decline	-4.26%	-1.73%	-2.53%
Ulcer Index Depth and duration of drawdowns from previous peaks	1.99%	1.64%	+0.35%

Volatility

PSP5.PA vs. DCAM.PA - Volatility Comparison

Amundi PEA S&P 500 UCITS ETF Acc (PSP5.PA) and Amundi PEA Monde (MSCI World) UCITS ETF Acc (DCAM.PA) have volatilities of 2.69% and 2.80%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	PSP5.PA	DCAM.PA	Difference
Volatility (1M) Calculated over the trailing 1-month period	2.69%	2.80%	-0.11%
Volatility (6M) Calculated over the trailing 6-month period	7.35%	7.62%	-0.27%
Volatility (1Y) Calculated over the trailing 1-year period	11.35%	10.95%	+0.40%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	15.10%	15.24%	-0.14%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	16.17%	15.24%	+0.93%

PSP5.PA vs. DCAM.PA - Expense Ratio Comparison

PSP5.PA has a 0.12% expense ratio, which is lower than DCAM.PA's 0.20% 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

PSP5.PA vs. DCAM.PA - Dividend Comparison

Neither PSP5.PA nor DCAM.PA has paid dividends to shareholders.

Tickers have no history of dividend payments

Frequently Asked Questions

Can I hold both PSP5.PA and DCAM.PA in my portfolio?

With a correlation of 0.95, PSP5.PA and DCAM.PA move almost identically. Holding both adds very little diversification - you're essentially doubling your position in the same market segment. Choosing one is usually more capital-efficient.

Which ETF is better, PSP5.PA or DCAM.PA?

On fees, PSP5.PA is cheaper at 0.12% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, PSP5.PA or DCAM.PA?

PSP5.PA is cheaper with a 0.12% expense ratio, compared with 0.20% for DCAM.PA.

What is the main difference between PSP5.PA and DCAM.PA?

PSP5.PA is categorized as S&P 500, while DCAM.PA is Global Equities. PSP5.PA tracks S&P 500 Index, while DCAM.PA tracks MSCI World Index. Their fees differ too: 0.12% for PSP5.PA and 0.20% for DCAM.PA.