S500.PA vs. PUST.PA

Last updated Jun 5, 2026

S500.PA (Amundi S&P 500 ESG UCITS ETF Acc EUR) and PUST.PA (Amundi PEA Nasdaq-100 UCITS ETF Acc) are both exchange-traded funds - S500.PA is a S&P 500 fund tracking the S&P 500 ESG+ Index, while PUST.PA is a Nasdaq-100 fund tracking the NASDAQ-100 Index. Both are passively managed. Over the past 5 years, S500.PA returned 15.54%/yr vs 18.55%/yr for PUST.PA. A 0.78 correlation means they provide meaningful diversification when combined. S500.PA charges 0.12%/yr vs 0.30%/yr for PUST.PA.

Performance

S500.PA vs. PUST.PA - Performance Comparison

The chart below illustrates the hypothetical performance of a €10,000 investment in Amundi S&P 500 ESG UCITS ETF Acc EUR (S500.PA) and Amundi PEA Nasdaq-100 UCITS ETF Acc (PUST.PA). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, S500.PA achieves a 11.06% return, which is significantly lower than PUST.PA's 20.88% return.

S500.PA

• 1D: 0.59%
• 1M: 5.50%
• YTD: 11.06%
• 6M: 11.57%
• 1Y: 28.53%
• 3Y*: 18.60%
• 5Y*: 15.54%
• 10Y*: —

PUST.PA

• 1D: -0.83%
• 1M: 9.29%
• YTD: 20.88%
• 6M: 19.27%
• 1Y: 37.45%
• 3Y*: 24.32%
• 5Y*: 18.55%
• 10Y*: 21.21%

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

S500.PA vs. PUST.PA - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
S500.PA Amundi S&P 500 ESG UCITS ETF Acc EUR	11.06%	4.58%	33.45%	23.34%	-13.75%	42.99%	6.93%	32.56%	-1.91%	5.79%
PUST.PA Amundi PEA Nasdaq-100 UCITS ETF Acc	20.88%	5.71%	35.33%	50.06%	-29.76%	38.74%	36.04%	40.41%	4.65%	14.14%

Correlation

The correlation between S500.PA and PUST.PA is 0.88, indicating a strong positive relationship between their price movements. Combining them offers limited diversification - they tend to fall together during downturns.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.88
Correlation (3Y) Calculated over the trailing 3-year period	0.91
Correlation (5Y) Calculated over the trailing 5-year period	0.91
Correlation (All Time) Calculated using the full available price history since Jan 5, 2017	0.78

The correlation between S500.PA and PUST.PA shifts across timeframes, from 0.78 (all time) to 0.91 (3 years), reflecting how their relationship changes across market environments.

Return for Risk

S500.PA vs. PUST.PA — Risk / Return Rank

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

S500.PA

S500.PA Risk / Return Rank: 77
S500.PA Sharpe Ratio Rank: 77
S500.PA Sortino Ratio Rank: 76
S500.PA Omega Ratio Rank: 77
S500.PA Calmar Ratio Rank: 77
S500.PA Martin Ratio Rank: 78

PUST.PA

PUST.PA Risk / Return Rank: 70
PUST.PA Sharpe Ratio Rank: 74
PUST.PA Sortino Ratio Rank: 71
PUST.PA Omega Ratio Rank: 71
PUST.PA Calmar Ratio Rank: 74
PUST.PA Martin Ratio Rank: 61

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.

S500.PA vs. PUST.PA - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Amundi S&P 500 ESG UCITS ETF Acc EUR (S500.PA) and Amundi PEA Nasdaq-100 UCITS ETF Acc (PUST.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.

	S500.PA	PUST.PA	Difference
Sharpe ratio: Return per unit of total volatility	2.44	2.37	+0.07
Sortino ratio: Return per unit of downside risk	3.34	3.15	+0.19
Omega ratio: Gain probability vs. loss probability	1.45	1.42	+0.03
Calmar ratio: Return relative to maximum drawdown	3.85	3.66	+0.19
Martin ratio: Return relative to average drawdown	14.86	10.77	+4.09
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

S500.PA vs. PUST.PA - Sharpe Ratio Comparison

The current S500.PA Sharpe Ratio is 2.44, which is comparable to the PUST.PA Sharpe Ratio of 2.37. The chart below compares the historical Sharpe Ratios of S500.PA and PUST.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

	S500.PA	PUST.PA	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	2.44	2.37	+0.07
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	1.01	0.92	+0.09
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	—	1.06	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.97	1.04	-0.07

Drawdowns

S500.PA vs. PUST.PA - Drawdown Comparison

The maximum S500.PA drawdown since its inception was -33.76%, which is greater than PUST.PA's maximum drawdown of -31.40%. Use the drawdown chart below to compare losses from any high point for S500.PA and PUST.PA.

Drawdown Indicators

	S500.PA	PUST.PA	Difference
Max Drawdown Largest peak-to-trough decline	-33.76%	-31.40%	-2.36%
Max Drawdown (1Y) Largest decline over 1 year	-7.32%	-10.09%	+2.77%
Max Drawdown (3Y) Largest decline over 3 years	-23.37%	-26.80%	+3.43%
Max Drawdown (5Y) Largest decline over 5 years	-23.37%	-31.40%	+8.03%
Max Drawdown (10Y) Largest decline over 10 years	—	-31.40%	—
Current Drawdown Current decline from peak	0.00%	-0.83%	+0.83%
Average Drawdown Average peak-to-trough decline	-4.61%	-5.88%	+1.27%
Ulcer Index Depth and duration of drawdowns from previous peaks	1.91%	3.45%	-1.54%

Volatility

S500.PA vs. PUST.PA - Volatility Comparison

The current volatility for Amundi S&P 500 ESG UCITS ETF Acc EUR (S500.PA) is 2.84%, while Amundi PEA Nasdaq-100 UCITS ETF Acc (PUST.PA) has a volatility of 4.31%. This indicates that S500.PA experiences smaller price fluctuations and is considered to be less risky than PUST.PA based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	S500.PA	PUST.PA	Difference
Volatility (1M) Calculated over the trailing 1-month period	2.84%	4.31%	-1.47%
Volatility (6M) Calculated over the trailing 6-month period	7.64%	10.86%	-3.22%
Volatility (1Y) Calculated over the trailing 1-year period	11.52%	15.59%	-4.07%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	15.23%	19.81%	-4.58%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	18.16%	19.74%	-1.58%

S500.PA vs. PUST.PA - Expense Ratio Comparison

S500.PA has a 0.12% expense ratio, which is lower than PUST.PA's 0.30% expense ratio.

Dividends

S500.PA vs. PUST.PA - Dividend Comparison

Neither S500.PA nor PUST.PA has paid dividends to shareholders.

Tickers have no history of dividend payments

Frequently Asked Questions

Can I hold both S500.PA and PUST.PA in my portfolio?

S500.PA and PUST.PA have a correlation of 0.88, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, S500.PA or PUST.PA?

On fees, S500.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, S500.PA or PUST.PA?

S500.PA is cheaper with a 0.12% expense ratio, compared with 0.30% for PUST.PA.

What is the main difference between S500.PA and PUST.PA?

S500.PA is categorized as S&P 500, while PUST.PA is Nasdaq-100. S500.PA tracks S&P 500 ESG+ Index, while PUST.PA tracks NASDAQ-100 Index. Their fees differ too: 0.12% for S500.PA and 0.30% for PUST.PA.