ZPAB.DE vs. LYBK.DE
ZPAB.DE (Amundi S&P Eurozone PAB Net Zero Ambition UCITS ETF Acc) and LYBK.DE (Amundi Euro Stoxx Banks UCITS ETF Acc) are both exchange-traded funds - ZPAB.DE is a Europe Equities fund tracking the S&P Eurozone LargeMidCap Paris-Aligned Climate, while LYBK.DE is a Financials Equities fund tracking the EURO STOXX® Banks. Both are passively managed. Over the past 5 years, ZPAB.DE returned 9.80%/yr vs 29.06%/yr for LYBK.DE. A 0.71 correlation means they provide meaningful diversification when combined. ZPAB.DE charges 0.20%/yr vs 0.30%/yr for LYBK.DE.
Performance
ZPAB.DE vs. LYBK.DE - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, ZPAB.DE achieves a 6.68% return, which is significantly higher than LYBK.DE's 5.35% return.
ZPAB.DE
- 1D
- 0.88%
- 1M
- 3.54%
- YTD
- 6.68%
- 6M
- 7.99%
- 1Y
- 13.19%
- 3Y*
- 16.18%
- 5Y*
- 9.80%
- 10Y*
- —
LYBK.DE
- 1D
- 0.92%
- 1M
- 2.70%
- YTD
- 5.35%
- 6M
- 12.73%
- 1Y
- 39.28%
- 3Y*
- 45.91%
- 5Y*
- 29.06%
- 10Y*
- —
ZPAB.DE vs. LYBK.DE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | |
|---|---|---|---|---|---|---|---|
ZPAB.DE Amundi S&P Eurozone PAB Net Zero Ambition UCITS ETF Acc | 6.68% | 22.02% | 13.92% | 22.06% | -17.12% | 24.77% | 7.73% |
LYBK.DE Amundi Euro Stoxx Banks UCITS ETF Acc | 5.35% | 91.46% | 30.53% | 30.34% | 0.78% | 39.97% | 13.81% |
Correlation
The correlation between ZPAB.DE and LYBK.DE is 0.78, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.78 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.75 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.74 |
Correlation (All Time) Calculated using the full available price history since Jul 24, 2020 | 0.71 |
The correlation between ZPAB.DE and LYBK.DE has been stable across timeframes, ranging from 0.71 to 0.78 - a consistent structural relationship.
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
ZPAB.DE vs. LYBK.DE — Risk / Return Rank
ZPAB.DE
LYBK.DE
ZPAB.DE vs. LYBK.DE - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Amundi S&P Eurozone PAB Net Zero Ambition UCITS ETF Acc (ZPAB.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.
| ZPAB.DE | LYBK.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.85 | ||
| Sortino ratioReturn per unit of downside risk | -1.03 | ||
| Omega ratioGain probability vs. loss probability | 1.17 | 1.29 | -0.12 |
| Calmar ratioReturn relative to maximum drawdown | 1.25 | 2.41 | -1.17 |
| Martin ratioReturn relative to average drawdown | 4.35 | 7.56 | -3.21 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
Loading charts...
Sharpe Ratios by Period
| ZPAB.DE | LYBK.DE | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 0.87 | 1.72 | -0.85 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.57 | 1.13 | -0.56 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.74 | 0.46 | +0.28 |
Drawdowns
ZPAB.DE vs. LYBK.DE - Drawdown Comparison
The maximum ZPAB.DE drawdown since its inception was -28.68%, smaller than the maximum LYBK.DE drawdown of -62.22%. Use the drawdown chart below to compare losses from any high point for ZPAB.DE and LYBK.DE.
Loading charts...
Drawdown Indicators
| ZPAB.DE | LYBK.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -28.68% | -62.22% | +33.54% |
Max Drawdown (1Y)Largest decline over 1 year | -11.18% | -17.12% | +5.94% |
Max Drawdown (3Y)Largest decline over 3 years | -16.26% | -19.90% | +3.64% |
Max Drawdown (5Y)Largest decline over 5 years | -28.68% | -34.32% | +5.64% |
Current DrawdownCurrent decline from peak | -0.10% | -1.83% | +1.73% |
Average DrawdownAverage peak-to-trough decline | -5.75% | -19.62% | +13.87% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 3.21% | 5.47% | -2.26% |
Volatility
ZPAB.DE vs. LYBK.DE - Volatility Comparison
The current volatility for Amundi S&P Eurozone PAB Net Zero Ambition UCITS ETF Acc (ZPAB.DE) is 5.16%, while Amundi Euro Stoxx Banks UCITS ETF Acc (LYBK.DE) has a volatility of 5.84%. This indicates that ZPAB.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.
Loading charts...
Volatility by Period
| ZPAB.DE | LYBK.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 5.16% | 5.84% | -0.68% |
Volatility (6M)Calculated over the trailing 6-month period | 13.16% | 19.19% | -6.03% |
Volatility (1Y)Calculated over the trailing 1-year period | 15.99% | 23.95% | -7.96% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 17.10% | 25.45% | -8.35% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 16.97% | 28.55% | -11.58% |
ZPAB.DE vs. LYBK.DE - Expense Ratio Comparison
ZPAB.DE has a 0.20% expense ratio, which is lower than LYBK.DE's 0.30% expense ratio.
Dividends
ZPAB.DE vs. LYBK.DE - Dividend Comparison
Neither ZPAB.DE nor LYBK.DE has paid dividends to shareholders.
Frequently Asked Questions
ZPAB.DE and LYBK.DE have a correlation of 0.78, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, ZPAB.DE is cheaper at 0.20% per year. The better choice depends on whether you care most about return, fees, risk, or income.
ZPAB.DE is cheaper with a 0.20% expense ratio, compared with 0.30% for LYBK.DE.
ZPAB.DE is categorized as Europe Equities, while LYBK.DE is Financials Equities. ZPAB.DE tracks S&P Eurozone LargeMidCap Paris-Aligned Climate, while LYBK.DE tracks EURO STOXX® Banks. Their fees differ too: 0.20% for ZPAB.DE and 0.30% for LYBK.DE.
Find the right allocation for ZPAB.DE and LYBK.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