YCSH.DE vs. L8I3.DE
YCSH.DE (iShares € Cash UCITS ETF EUR Acc) and L8I3.DE (Amundi EUR Overnight Return UCITS ETF (Acc)) are both Money Market funds. YCSH.DE is actively managed, while L8I3.DE is passively managed. Over the past year, YCSH.DE returned 1.99% vs 2.00% for L8I3.DE. At a 0.04 correlation, their price movements are largely independent. Both charge a 0.10% expense ratio.
Performance
YCSH.DE vs. L8I3.DE - Performance Comparison
Loading charts...
Returns By Period
The year-to-date returns for both investments are quite close, with YCSH.DE having a 1.08% return and L8I3.DE slightly higher at 1.09%.
YCSH.DE
- 1D
- 0.00%
- 1M
- 0.18%
- 6M
- 1.00%
- YTD
- 1.08%
- 1Y
- 1.99%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
L8I3.DE
- 1D
- -0.01%
- 1M
- 0.18%
- 6M
- 0.97%
- YTD
- 1.09%
- 1Y
- 2.00%
- 3Y*
- 2.91%
- 5Y*
- 1.94%
- 10Y*
- 0.67%
YCSH.DE vs. L8I3.DE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | |
|---|---|---|---|
YCSH.DE iShares € Cash UCITS ETF EUR Acc | 1.08% | 2.26% | 0.25% |
L8I3.DE Amundi EUR Overnight Return UCITS ETF (Acc) | 1.09% | 2.21% | 0.32% |
Correlation
The correlation between YCSH.DE and L8I3.DE is 0.01, meaning there is essentially no relationship between their price movements. Each responds to its own set of market drivers, making them strong candidates for combining in a diversified portfolio.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.01 |
Correlation (All Time) Calculated using the full available price history since Nov 27, 2024 | 0.04 |
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Return for Risk
YCSH.DE vs. L8I3.DE — Risk / Return Rank
YCSH.DE
L8I3.DE
YCSH.DE vs. L8I3.DE - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for iShares € Cash UCITS ETF EUR Acc (YCSH.DE) and Amundi EUR Overnight Return UCITS ETF (Acc) (L8I3.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.
| YCSH.DE | L8I3.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +11.48 | ||
| Sortino ratioReturn per unit of downside risk | +36.99 | ||
| Omega ratioGain probability vs. loss probability | 15.23 | 2.82 | +12.41 |
| Calmar ratioReturn relative to maximum drawdown | 88.39 | 45.18 | +43.21 |
| Martin ratioReturn relative to average drawdown | 810.57 | 176.49 | +634.07 |
Loading charts...
Drawdowns
YCSH.DE vs. L8I3.DE - Drawdown Comparison
The maximum YCSH.DE drawdown since its inception was -0.07%, smaller than the maximum L8I3.DE drawdown of -3.92%. Use the drawdown chart below to compare losses from any high point for YCSH.DE and L8I3.DE.
Loading charts...
Drawdown Indicators
| YCSH.DE | L8I3.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -0.07% | -3.92% | +3.85% |
Max Drawdown (1Y)Largest decline over 1 year | -0.02% | -0.04% | +0.02% |
Max Drawdown (3Y)Largest decline over 3 years | — | -0.07% | — |
Max Drawdown (5Y)Largest decline over 5 years | — | -0.75% | — |
Max Drawdown (10Y)Largest decline over 10 years | — | -3.57% | — |
Current DrawdownCurrent decline from peak | 0.00% | -0.01% | +0.01% |
Average DrawdownAverage peak-to-trough decline | -0.00% | -0.89% | +0.89% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 0.00% | 0.01% | -0.01% |
Volatility
YCSH.DE vs. L8I3.DE - Volatility Comparison
The current volatility for iShares € Cash UCITS ETF EUR Acc (YCSH.DE) is 0.03%, while Amundi EUR Overnight Return UCITS ETF (Acc) (L8I3.DE) has a volatility of 0.08%. This indicates that YCSH.DE experiences smaller price fluctuations and is considered to be less risky than L8I3.DE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| YCSH.DE | L8I3.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 0.03% | 0.08% | -0.05% |
Volatility (6M)Calculated over the trailing 6-month period | 0.09% | 0.21% | -0.12% |
Volatility (1Y)Calculated over the trailing 1-year period | 0.11% | 0.32% | -0.21% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 0.19% | 0.26% | -0.07% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 0.19% | 0.21% | -0.02% |
YCSH.DE vs. L8I3.DE - Expense Ratio Comparison
Both YCSH.DE and L8I3.DE have an expense ratio of 0.10%, making them cost-effective options compared to the broader market, where average expense ratios typically range from 0.3% to 0.9%.
Dividends
YCSH.DE vs. L8I3.DE - Dividend Comparison
Neither YCSH.DE nor L8I3.DE has paid dividends to shareholders.
Frequently Asked Questions
YCSH.DE and L8I3.DE have a correlation of 0.01, 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 0.10% expense ratio. The better choice depends on whether you care most about return, fees, risk, or income.
YCSH.DE and L8I3.DE have the same expense ratio: 0.10% per year.
They also come from different issuers: iShares and Amundi.
Find the right allocation for YCSH.DE and L8I3.DE
Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Optimizer