UCT2.DE vs. LYBK.DE
UCT2.DE (Amundi US Curve Steepening 2-10Y UCITS ETF (Acc)) and LYBK.DE (Amundi Euro Stoxx Banks UCITS ETF Acc) are both exchange-traded funds - UCT2.DE is a Macro Trading fund tracking the Solactive USD Daily (x7) Steepener 2-10 Index, while LYBK.DE is a Financials Equities fund tracking the EURO STOXX® Banks. Both are passively managed. Over the past 5 years, UCT2.DE returned 0.25%/yr vs 33.46%/yr for LYBK.DE. At a correlation of -0.14, they often move in opposite directions. Both charge a 0.30% expense ratio.
Performance
UCT2.DE vs. LYBK.DE - Performance Comparison
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Returns By Period
In the year-to-date period, UCT2.DE achieves a 1.32% return, which is significantly lower than LYBK.DE's 17.49% return.
UCT2.DE
- 1D
- 0.09%
- 1M
- 1.35%
- 6M
- 0.94%
- YTD
- 1.32%
- 1Y
- 2.32%
- 3Y*
- 1.50%
- 5Y*
- 0.25%
- 10Y*
- —
LYBK.DE
- 1D
- 0.53%
- 1M
- 12.55%
- 6M
- 15.65%
- YTD
- 17.49%
- 1Y
- 54.60%
- 3Y*
- 48.56%
- 5Y*
- 33.46%
- 10Y*
- 19.13%
UCT2.DE vs. LYBK.DE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | |
|---|---|---|---|---|---|---|---|---|
UCT2.DE Amundi US Curve Steepening 2-10Y UCITS ETF (Acc) | 1.32% | -8.99% | 10.12% | -3.66% | 1.75% | 7.20% | -9.05% | -11.53% |
LYBK.DE Amundi Euro Stoxx Banks UCITS ETF Acc | 17.49% | 91.46% | 30.53% | 30.34% | 0.78% | 39.97% | -22.43% | 8.41% |
Correlation
The correlation between UCT2.DE and LYBK.DE is -0.27, meaning they tend to move in opposite directions. This is especially valuable for risk management - when one declines, the other has historically tended to hold steady or rise.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | -0.27 |
Correlation (3Y) Calculated over the trailing 3-year period | -0.28 |
Correlation (5Y) Calculated over the trailing 5-year period | -0.27 |
Correlation (All Time) Calculated using the full available price history since Jul 18, 2019 | -0.14 |
The correlation between UCT2.DE and LYBK.DE shifts across timeframes, from -0.28 (3 years) to -0.14 (all time), reflecting how their relationship changes across market environments.
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Return for Risk
UCT2.DE vs. LYBK.DE — Risk / Return Rank
UCT2.DE
LYBK.DE
UCT2.DE vs. LYBK.DE - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Amundi US Curve Steepening 2-10Y UCITS ETF (Acc) (UCT2.DE) and Amundi Euro Stoxx Banks UCITS ETF Acc (LYBK.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.
| UCT2.DE | LYBK.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -1.89 | ||
| Sortino ratioReturn per unit of downside risk | -2.49 | ||
| Omega ratioGain probability vs. loss probability | 1.07 | 1.37 | -0.31 |
| Calmar ratioReturn relative to maximum drawdown | 0.66 | 3.17 | -2.52 |
| Martin ratioReturn relative to average drawdown | 1.35 | 9.98 | -8.63 |
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Drawdowns
UCT2.DE vs. LYBK.DE - Drawdown Comparison
The maximum UCT2.DE drawdown since its inception was -19.65%, smaller than the maximum LYBK.DE drawdown of -63.98%. Use the drawdown chart below to compare losses from any high point for UCT2.DE and LYBK.DE.
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Drawdown Indicators
| UCT2.DE | LYBK.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -19.65% | -63.98% | +44.33% |
Max Drawdown (1Y)Largest decline over 1 year | -3.53% | -17.12% | +13.59% |
Max Drawdown (3Y)Largest decline over 3 years | -13.36% | -19.90% | +6.54% |
Max Drawdown (5Y)Largest decline over 5 years | -18.42% | -34.32% | +15.90% |
Max Drawdown (10Y)Largest decline over 10 years | — | -62.22% | — |
Current DrawdownCurrent decline from peak | -14.14% | 0.00% | -14.14% |
Average DrawdownAverage peak-to-trough decline | -12.83% | -20.14% | +7.31% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.72% | 5.45% | -3.73% |
Volatility
UCT2.DE vs. LYBK.DE - Volatility Comparison
The current volatility for Amundi US Curve Steepening 2-10Y UCITS ETF (Acc) (UCT2.DE) is 1.36%, while Amundi Euro Stoxx Banks UCITS ETF Acc (LYBK.DE) has a volatility of 6.33%. This indicates that UCT2.DE experiences smaller price fluctuations and is considered to be less risky than LYBK.DE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| UCT2.DE | LYBK.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 1.36% | 6.33% | -4.97% |
Volatility (6M)Calculated over the trailing 6-month period | 4.46% | 19.85% | -15.39% |
Volatility (1Y)Calculated over the trailing 1-year period | 6.15% | 23.95% | -17.80% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 8.44% | 25.48% | -17.04% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 9.00% | 27.66% | -18.66% |
UCT2.DE vs. LYBK.DE - Expense Ratio Comparison
Both UCT2.DE and LYBK.DE have an expense ratio of 0.30%.
Dividends
UCT2.DE vs. LYBK.DE - Dividend Comparison
Neither UCT2.DE nor LYBK.DE has paid dividends to shareholders.
Frequently Asked Questions
UCT2.DE and LYBK.DE have a correlation of -0.27, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
Both ETFs have the same 0.30% expense ratio. The better choice depends on whether you care most about return, fees, risk, or income.
UCT2.DE and LYBK.DE have the same expense ratio: 0.30% per year.
UCT2.DE is categorized as Macro Trading, while LYBK.DE is Financials Equities. UCT2.DE tracks Solactive USD Daily (x7) Steepener 2-10 Index, while LYBK.DE tracks EURO STOXX® Banks.
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