UCT2.DE vs. LYP6.DE
UCT2.DE (Amundi US Curve Steepening 2-10Y UCITS ETF (Acc)) and LYP6.DE (Amundi Core STOXX Europe 600 (DR) 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 LYP6.DE is a Europe Equities fund tracking the STOXX® Europe 600. Both are passively managed. Over the past 5 years, UCT2.DE returned 0.25%/yr vs 10.49%/yr for LYP6.DE. At a correlation of -0.16, they often move in opposite directions. UCT2.DE charges 0.30%/yr vs 0.07%/yr for LYP6.DE.
Performance
UCT2.DE vs. LYP6.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 LYP6.DE's 12.31% 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*
- —
LYP6.DE
- 1D
- 0.60%
- 1M
- 5.10%
- 6M
- 11.36%
- YTD
- 12.31%
- 1Y
- 23.23%
- 3Y*
- 15.48%
- 5Y*
- 10.49%
- 10Y*
- 10.30%
UCT2.DE vs. LYP6.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% |
LYP6.DE Amundi Core STOXX Europe 600 (DR) UCITS ETF Acc | 12.31% | 20.82% | 8.25% | 15.97% | -10.40% | 24.81% | -1.72% | 8.71% |
Correlation
The correlation between UCT2.DE and LYP6.DE is -0.26, 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 | -0.26 |
Correlation (3Y) Calculated over the trailing 3-year period | -0.24 |
Correlation (5Y) Calculated over the trailing 5-year period | -0.26 |
Correlation (All Time) Calculated using the full available price history since Jul 18, 2019 | -0.16 |
The correlation between UCT2.DE and LYP6.DE shifts across timeframes, from -0.26 (1 year) to -0.16 (all time), reflecting how their relationship changes across market environments.
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Return for Risk
UCT2.DE vs. LYP6.DE — Risk / Return Rank
UCT2.DE
LYP6.DE
UCT2.DE vs. LYP6.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 Core STOXX Europe 600 (DR) UCITS ETF Acc (LYP6.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 | LYP6.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -1.40 | ||
| Sortino ratioReturn per unit of downside risk | -1.97 | ||
| Omega ratioGain probability vs. loss probability | 1.07 | 1.33 | -0.27 |
| Calmar ratioReturn relative to maximum drawdown | 0.66 | 2.45 | -1.79 |
| Martin ratioReturn relative to average drawdown | 1.35 | 9.52 | -8.17 |
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Drawdowns
UCT2.DE vs. LYP6.DE - Drawdown Comparison
The maximum UCT2.DE drawdown since its inception was -19.65%, smaller than the maximum LYP6.DE drawdown of -35.51%. Use the drawdown chart below to compare losses from any high point for UCT2.DE and LYP6.DE.
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Drawdown Indicators
| UCT2.DE | LYP6.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -19.65% | -35.51% | +15.86% |
Max Drawdown (1Y)Largest decline over 1 year | -3.53% | -9.45% | +5.92% |
Max Drawdown (3Y)Largest decline over 3 years | -13.36% | -16.26% | +2.90% |
Max Drawdown (5Y)Largest decline over 5 years | -18.42% | -20.71% | +2.29% |
Max Drawdown (10Y)Largest decline over 10 years | — | -35.51% | — |
Current DrawdownCurrent decline from peak | -14.14% | 0.00% | -14.14% |
Average DrawdownAverage peak-to-trough decline | -12.83% | -5.21% | -7.62% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.72% | 2.44% | -0.72% |
Volatility
UCT2.DE vs. LYP6.DE - Volatility Comparison
The current volatility for Amundi US Curve Steepening 2-10Y UCITS ETF (Acc) (UCT2.DE) is 1.36%, while Amundi Core STOXX Europe 600 (DR) UCITS ETF Acc (LYP6.DE) has a volatility of 3.16%. This indicates that UCT2.DE experiences smaller price fluctuations and is considered to be less risky than LYP6.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 | LYP6.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 1.36% | 3.16% | -1.80% |
Volatility (6M)Calculated over the trailing 6-month period | 4.46% | 10.92% | -6.46% |
Volatility (1Y)Calculated over the trailing 1-year period | 6.15% | 13.02% | -6.87% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 8.44% | 14.43% | -5.99% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 9.00% | 15.27% | -6.27% |
UCT2.DE vs. LYP6.DE - Expense Ratio Comparison
UCT2.DE has a 0.30% expense ratio, which is higher than LYP6.DE's 0.07% expense ratio.
Dividends
UCT2.DE vs. LYP6.DE - Dividend Comparison
Neither UCT2.DE nor LYP6.DE has paid dividends to shareholders.
Frequently Asked Questions
UCT2.DE and LYP6.DE have a correlation of -0.26, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, LYP6.DE is cheaper at 0.07% per year. The better choice depends on whether you care most about return, fees, risk, or income.
LYP6.DE is cheaper with a 0.07% expense ratio, compared with 0.30% for UCT2.DE.
UCT2.DE is categorized as Macro Trading, while LYP6.DE is Europe Equities. UCT2.DE tracks Solactive USD Daily (x7) Steepener 2-10 Index, while LYP6.DE tracks STOXX® Europe 600. Their fees differ too: 0.30% for UCT2.DE and 0.07% for LYP6.DE.
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