RS2K.DE vs. ^NDX
RS2K.DE (Amundi Russell 2000 UCITS ETF EUR) is Small Cap Blend Equities fund tracking the Russell 2000®, while ^NDX (NASDAQ 100 Index) is an index. Over the past 10 years, RS2K.DE returned 11.36%/yr vs 21.12%/yr for ^NDX. At a 0.45 correlation, their price movements are largely independent.
Performance
RS2K.DE vs. ^NDX - Performance Comparison
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Different Trading Currencies
RS2K.DE is traded in EUR, while ^NDX is traded in USD. To make them comparable, the ^NDX values have been converted to EUR using the latest available exchange rates.
Returns By Period
In the year-to-date period, RS2K.DE achieves a 23.58% return, which is significantly higher than ^NDX's 20.50% return. Over the past 10 years, RS2K.DE has underperformed ^NDX with an annualized return of 11.36%, while ^NDX has yielded a comparatively higher 21.12% annualized return.
RS2K.DE
- 1D
- -0.49%
- 1M
- 5.72%
- YTD
- 23.58%
- 6M
- 22.99%
- 1Y
- 44.39%
- 3Y*
- 17.53%
- 5Y*
- 7.16%
- 10Y*
- 11.36%
^NDX
- 1D
- 0.69%
- 1M
- 0.41%
- YTD
- 20.50%
- 6M
- 18.91%
- 1Y
- 35.77%
- 3Y*
- 24.35%
- 5Y*
- 16.60%
- 10Y*
- 21.12%
RS2K.DE vs. ^NDX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
RS2K.DE Amundi Russell 2000 UCITS ETF EUR | 23.58% | 1.29% | 15.87% | 14.96% | -16.48% | 24.69% | 8.27% | 29.13% | -8.90% | 0.74% |
^NDX NASDAQ 100 Index | 20.50% | 5.91% | 33.12% | 49.19% | -28.81% | 36.10% | 35.42% | 41.08% | 3.61% | 15.35% |
Correlation
The correlation between RS2K.DE and ^NDX is 0.51, 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 | 0.51 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.40 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.41 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.41 |
Correlation (All Time) Calculated using the full available price history since Jan 7, 2014 | 0.45 |
The correlation between RS2K.DE and ^NDX shifts across timeframes, from 0.40 (3 years) to 0.51 (1 year), reflecting how their relationship changes across market environments.
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Return for Risk
RS2K.DE vs. ^NDX — Risk / Return Rank
RS2K.DE
^NDX
RS2K.DE vs. ^NDX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Amundi Russell 2000 UCITS ETF EUR (RS2K.DE) and NASDAQ 100 Index (^NDX). 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.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| RS2K.DE | ^NDX | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.43 | ||
| Sortino ratioReturn per unit of downside risk | +0.73 | ||
| Omega ratioGain probability vs. loss probability | 1.41 | 1.36 | +0.05 |
| Calmar ratioReturn relative to maximum drawdown | 5.19 | 3.21 | +1.98 |
| Martin ratioReturn relative to average drawdown | 15.47 | 9.85 | +5.62 |
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Drawdowns
RS2K.DE vs. ^NDX - Drawdown Comparison
The maximum RS2K.DE drawdown since its inception was -41.14%, smaller than the maximum ^NDX drawdown of -46.44%. Use the drawdown chart below to compare losses from any high point for RS2K.DE and ^NDX.
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Drawdown Indicators
| RS2K.DE | ^NDX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -41.14% | -46.44% | +5.30% |
Max Drawdown (1Y)Largest decline over 1 year | -8.50% | -11.19% | +2.69% |
Max Drawdown (3Y)Largest decline over 3 years | -32.48% | -27.30% | -5.18% |
Max Drawdown (5Y)Largest decline over 5 years | -32.48% | -31.53% | -0.95% |
Max Drawdown (10Y)Largest decline over 10 years | -41.14% | -31.53% | -9.61% |
Current DrawdownCurrent decline from peak | -0.49% | -2.48% | +1.99% |
Average DrawdownAverage peak-to-trough decline | -9.12% | -8.00% | -1.12% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.86% | 3.64% | -0.78% |
Volatility
RS2K.DE vs. ^NDX - Volatility Comparison
The current volatility for Amundi Russell 2000 UCITS ETF EUR (RS2K.DE) is 4.20%, while NASDAQ 100 Index (^NDX) has a volatility of 8.19%. This indicates that RS2K.DE experiences smaller price fluctuations and is considered to be less risky than ^NDX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| RS2K.DE | ^NDX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 4.20% | 8.19% | -3.99% |
Volatility (6M)Calculated over the trailing 6-month period | 12.57% | 13.52% | -0.95% |
Volatility (1Y)Calculated over the trailing 1-year period | 18.11% | 17.83% | +0.28% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 20.97% | 22.49% | -1.52% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 21.62% | 22.95% | -1.33% |
Frequently Asked Questions
RS2K.DE and ^NDX have a correlation of 0.51, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
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