SADU.DE vs. FRNH.DE
SADU.DE (Amundi MSCI USA ESG Selection UCITS ETF Acc) and FRNH.DE (Amundi USD Floating Rate Corporate Bond ESG UCITS ETF EUR Hedged (Acc)) are both exchange-traded funds - SADU.DE is a ESG fund tracking the MSCI USA ESG Selection P-Series 5% Issuer Capped Index, while FRNH.DE is a Corporate Bonds fund tracking the iBoxx MSCI ESG USD FRN Investment Grade Corporates Index (EUR Hedged). Both are passively managed. Over the past year, SADU.DE returned 26.66% vs 2.88% for FRNH.DE. At a 0.13 correlation, their price movements are largely independent. SADU.DE charges 0.15%/yr vs 0.20%/yr for FRNH.DE.
Performance
SADU.DE vs. FRNH.DE - Performance Comparison
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Returns By Period
In the year-to-date period, SADU.DE achieves a 14.89% return, which is significantly higher than FRNH.DE's 1.45% return.
SADU.DE
- 1D
- 0.00%
- 1M
- 0.13%
- 6M
- 13.55%
- YTD
- 14.89%
- 1Y
- 26.66%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
FRNH.DE
- 1D
- -0.02%
- 1M
- 0.27%
- 6M
- 1.36%
- YTD
- 1.45%
- 1Y
- 2.88%
- 3Y*
- 3.81%
- 5Y*
- 2.44%
- 10Y*
- 1.22%
SADU.DE vs. FRNH.DE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | |
|---|---|---|---|---|
SADU.DE Amundi MSCI USA ESG Selection UCITS ETF Acc | 14.89% | 2.73% | 27.24% | 3.86% |
FRNH.DE Amundi USD Floating Rate Corporate Bond ESG UCITS ETF EUR Hedged (Acc) | 1.45% | 2.90% | 4.99% | 1.48% |
Correlation
The correlation between SADU.DE and FRNH.DE is 0.25, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.25 |
Correlation (All Time) Calculated using the full available price history since Sep 18, 2023 | 0.13 |
The correlation between SADU.DE and FRNH.DE shifts across timeframes, from 0.13 (all time) to 0.25 (1 year), reflecting how their relationship changes across market environments.
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Return for Risk
SADU.DE vs. FRNH.DE — Risk / Return Rank
SADU.DE
FRNH.DE
SADU.DE vs. FRNH.DE - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Amundi MSCI USA ESG Selection UCITS ETF Acc (SADU.DE) and Amundi USD Floating Rate Corporate Bond ESG UCITS ETF EUR Hedged (Acc) (FRNH.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.
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.
| SADU.DE | FRNH.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -2.13 | ||
| Sortino ratioReturn per unit of downside risk | -3.09 | ||
| Omega ratioGain probability vs. loss probability | 1.33 | 1.88 | -0.55 |
| Calmar ratioReturn relative to maximum drawdown | 1.39 | 8.02 | -6.63 |
| Martin ratioReturn relative to average drawdown | 2.66 | 38.83 | -36.17 |
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Drawdowns
SADU.DE vs. FRNH.DE - Drawdown Comparison
The maximum SADU.DE drawdown since its inception was -23.85%, which is greater than FRNH.DE's maximum drawdown of -15.25%. Use the drawdown chart below to compare losses from any high point for SADU.DE and FRNH.DE.
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Drawdown Indicators
| SADU.DE | FRNH.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -23.85% | -15.25% | -8.60% |
Max Drawdown (1Y)Largest decline over 1 year | -19.24% | -0.36% | -18.88% |
Max Drawdown (3Y)Largest decline over 3 years | — | -1.39% | — |
Max Drawdown (5Y)Largest decline over 5 years | — | -3.17% | — |
Max Drawdown (10Y)Largest decline over 10 years | — | -15.25% | — |
Current DrawdownCurrent decline from peak | -1.70% | -0.02% | -1.68% |
Average DrawdownAverage peak-to-trough decline | -5.96% | -0.87% | -5.09% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 10.02% | 0.07% | +9.95% |
Volatility
SADU.DE vs. FRNH.DE - Volatility Comparison
Amundi MSCI USA ESG Selection UCITS ETF Acc (SADU.DE) has a higher volatility of 3.68% compared to Amundi USD Floating Rate Corporate Bond ESG UCITS ETF EUR Hedged (Acc) (FRNH.DE) at 0.11%. This indicates that SADU.DE's price experiences larger fluctuations and is considered to be riskier than FRNH.DE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| SADU.DE | FRNH.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 3.68% | 0.11% | +3.57% |
Volatility (6M)Calculated over the trailing 6-month period | 9.78% | 0.53% | +9.25% |
Volatility (1Y)Calculated over the trailing 1-year period | 25.58% | 0.90% | +24.68% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 19.67% | 2.42% | +17.25% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 19.67% | 3.36% | +16.31% |
SADU.DE vs. FRNH.DE - Expense Ratio Comparison
SADU.DE has a 0.15% expense ratio, which is lower than FRNH.DE'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
SADU.DE vs. FRNH.DE - Dividend Comparison
Neither SADU.DE nor FRNH.DE has paid dividends to shareholders.
Frequently Asked Questions
SADU.DE and FRNH.DE have a correlation of 0.25, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, SADU.DE is cheaper at 0.15% per year. The better choice depends on whether you care most about return, fees, risk, or income.
SADU.DE is cheaper with a 0.15% expense ratio, compared with 0.20% for FRNH.DE.
SADU.DE is categorized as ESG, while FRNH.DE is Corporate Bonds. SADU.DE tracks MSCI USA ESG Selection P-Series 5% Issuer Capped Index, while FRNH.DE tracks iBoxx MSCI ESG USD FRN Investment Grade Corporates Index (EUR Hedged). Their fees differ too: 0.15% for SADU.DE and 0.20% for FRNH.DE.
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