Li Auto

ISIN KYG5479M1050

WKN A2QACD

Market cap (in EUR)

16.355 Mio.

Country

China

Sector

Zyklische Konsumgüter

Dividend yield

0,00%

Overview

Quote

Trade with your broker

Description

Li Auto, Inc. beschäftigt sich mit dem Design, der Entwicklung, der Herstellung und dem Verkauf von intelligenten Premium-Elektrofahrzeugen. Zu den Produkten gehören Li MEGA, ein Hightech-Flaggschiff für Familien, Li L9, ein sechssitziges Flaggschiff für Familien, Li L8, ein sechssitziges Premium-Familien-Geländewagen, und Li L7, ein fünfsitziges Flaggschiff für Familien. Das Unternehmen bietet auch eigene Entwicklungsarbeiten für sein proprietäres System zur Reichweitenverlängerung, die nächste Generation der Elektrofahrzeugtechnologie und intelligente Fahrzeuglösungen an. Das Unternehmen wurde im April 2015 von Xiang Li gegründet und hat seinen Hauptsitz in Peking, China.

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Zyklische Konsumgüter Kraftfahrzeuge und Fahrzeugteile Verbraucherfahrzeuge und Fahrzeugteile China

Chart

Financials

Key metrics

Market capitalisation, EUR	16.355 Mio.
EPS, EUR	0,26
P/B ratio	1,8
P/E ratio	31,0
Dividend yield	0,00%

Income statement (2024)

Revenue, EUR	18.296 Mio.
Net income, EUR	1.017 Mio.
Profit margin	5,56%

What ETF is Li Auto in?

There are 167 ETFs which contain Li Auto. All of these ETFs are listed in the table below. The ETF with the largest weighting of Li Auto is the Franklin MSCI China Paris Aligned Climate UCITS ETF .

ETF	Weight	Investment focus	Fund size (in m EUR)
iShares MSCI AC Far East ex-Japan UCITS ETF	0,17%	Equity Asia Pacific	933
Xtrackers MSCI Global Circular Economy UCITS ETF 1C 1C	1,09%	Equity World Social/Environmental Circular Economy	4
Amundi MSCI China ESG Selection Extra UCITS ETF Dist	1,00%	Equity China Social/Environmental	169
iShares Dow Jones China Offshore 50 UCITS ETF (DE)	0,75%	Equity China	53
SPDR MSCI EM Asia UCITS ETF	0,16%	Equity Asia Pacific	1,054
iShares MSCI EM UCITS ETF (Dist)	0,13%	Equity Emerging Markets	6,005
Xtrackers Portfolio UCITS ETF 1C	0,01%	Equity World Multi-Asset Strategy	664
VanEck New China UCITS ETF A	0,89%	Equity China Growth	7
iShares Moderate Portfolio UCITS ETF EUR (Acc)	0,02%	Equity World Social/Environmental Multi-Asset Strategy	35
iShares MSCI EM SRI UCITS ETF USD (Dist)	0,45%	Equity Emerging Markets Social/Environmental	368
Amundi MSCI EM Asia SRI Climate Paris Aligned UCITS ETF DR (D)	1,07%	Equity Asia Pacific Social/Environmental	257
JPMorgan Global Emerging Markets Research Enhanced Index Equity SRI Paris Aligned Active UCITS ETF EUR (acc)	0,07%	Equity Emerging Markets Social/Environmental Climate Change	2
Amundi MSCI China ESG Selection Extra UCITS ETF Acc	1,00%	Equity China Social/Environmental	531
Invesco FTSE RAFI All World 3000 UCITS ETF	0,02%	Equity World Fundamental/Quality	126
iShares Asia ex Japan Equity Enhanced Active UCITS ETF USD (Acc)	0,27%	Equity Asia Pacific Social/Environmental Multi-Asset Strategy	49
Franklin FTSE China UCITS ETF	0,48%	Equity China	1,760
HSBC MSCI Emerging Markets UCITS ETF USD	0,13%	Equity Emerging Markets	2,694
iShares Moderate Portfolio UCITS ETF GBP Hedged (Acc)	0,02%	Equity World Social/Environmental Multi-Asset Strategy	15
iShares Core MSCI Emerging Markets IMI UCITS ETF	0,11%	Equity Emerging Markets	1,191
Invesco FTSE All-World UCITS ETF GBP PfHdg Dist	0,01%	Equity World	4
UBS Solactive China Technology UCITS ETF hEUR acc	1,73%	Equity China Technology Innovation	131
HANetf HAN-GINS Tech Megatrend Equal Weight UCITS ETF	0,58%	Equity World Technology Innovation	96
iShares MSCI EM UCITS ETF (Acc)	0,13%	Equity Emerging Markets	5,122
Global X Autonomous & Electric Vehicles UCITS ETF USD Accumulating	0,71%	Equity World Automobile Future Mobility	6
Xtrackers MSCI Emerging Markets UCITS ETF 1C	0,17%	Equity Emerging Markets	8,241
Amundi Prime All Country World UCITS ETF Acc	0,01%	Equity World	485
AXA IM MSCI Emerging Markets Equity PAB UCITS ETF USD Acc	0,23%	Equity Emerging Markets Social/Environmental Climate Change	17
Xtrackers MSCI China UCITS ETF 1D	0,53%	Equity China	581
Vanguard LifeStrategy 40% Equity UCITS ETF Distributing	0,00%	Equity World Multi-Asset Strategy	34
iShares MSCI ACWI UCITS ETF USD (Dist)	0,01%	Equity World	0
SPDR MSCI All Country World Investable Market UCITS ETF (Acc)	0,01%	Equity World	3,858
Xtrackers MSCI AC World Screened UCITS ETF 2C - EUR Hedged	0,02%	Equity World Social/Environmental	61
UBS MSCI ACWI Socially Responsible UCITS ETF hCHF dis	0,06%	Equity World Social/Environmental Climate Change	29
Vanguard ESG Global All Cap UCITS ETF (USD) Distributing	0,01%	Equity World Social/Environmental	483
Global X Autonomous & Electric Vehicles UCITS ETF USD Distributing	0,71%	Equity World Automobile Future Mobility	1
Invesco MSCI China All Shares Stock Connect UCITS ETF Acc	0,28%	Equity China	93
UBS MSCI EM Climate Paris Aligned UCITS ETF USD acc	0,20%	Equity Emerging Markets Social/Environmental Climate Change	190
HSBC EMERGING MARKET SCREENED EQUITY UCITS ETF USD	0,10%	Equity Emerging Markets Social/Environmental Climate Change	173
iShares MSCI EM IMI Screened UCITS ETF USD (Dist)	0,12%	Equity Emerging Markets Social/Environmental	1,077
HSBC Hang Seng TECH UCITS ETF HKD	2,77%	Equity Hong Kong Technology	1,591
SPDR MSCI All Country World Investable Market UCITS ETF (Dist)	0,01%	Equity World	66
Xtrackers MSCI China UCITS ETF 1C	0,53%	Equity China	1,213
Scalable MSCI AC World Xtrackers UCITS ETF 1C	0,02%	Equity World	328
UBS MSCI ACWI Socially Responsible UCITS ETF USD acc	0,06%	Equity World Social/Environmental Climate Change	570
Invesco MSCI Emerging Markets ESG Climate Paris Aligned UCITS ETF Acc	0,58%	Equity Emerging Markets Social/Environmental Climate Change	89
Amundi Prime All Country World UCITS ETF GBP Hedged Dist	0,01%	Equity World	-
iShares BIC 50 UCITS ETF USD (Dist)	0,61%	Equity Emerging Markets	137
UBS MSCI ACWI Universal UCITS ETF hEUR acc	0,02%	Equity World Social/Environmental	636
Vanguard LifeStrategy 20% Equity UCITS ETF Distributing	0,00%	Equity World Multi-Asset Strategy	14
Amundi MSCI Emerging Markets SRI Climate Paris Aligned UCITS ETF DR (C)	0,73%	Equity Emerging Markets Social/Environmental	1,465
BNP Paribas Easy MSCI China Min TE UCITS ETF EUR Acc	0,44%	Equity China Social/Environmental	82
JPMorgan Global Emerging Markets Research Enhanced Index Equity SRI Paris Aligned Active UCITS ETF USD (dist)	0,07%	Equity Emerging Markets Social/Environmental Climate Change	3
UBS Core MSCI EM UCITS ETF USD dis	0,13%	Equity Emerging Markets	1,904
SPDR MSCI All Country World UCITS ETF USD Hedged (Acc)	0,01%	Equity World	64
Amundi MSCI China ESG Selection UCITS ETF DR (C)	0,99%	Equity China Social/Environmental	141
Amundi MSCI ACWI SRI Climate Paris Aligned UCITS ETF DR - USD	0,07%	Equity World Social/Environmental	106
SPDR MSCI Emerging Markets UCITS ETF	0,13%	Equity Emerging Markets	1,097
Invesco FTSE All-World UCITS ETF EUR PfHdg Acc	0,01%	Equity World	29
Amundi MSCI Smart Mobility UCITS ETF Acc	1,26%	Equity World Technology Social/Environmental Future Mobility	190
Xtrackers MSCI AC World Screened UCITS ETF 1C	0,02%	Equity World Social/Environmental	4,731
Fidelity Emerging Markets Equity Research Enhanced UCITS ETF ACC-USD	0,20%	Equity Emerging Markets Social/Environmental	2,783
UBS MSCI ACWI Socially Responsible UCITS ETF USD dis	0,06%	Equity World Social/Environmental Climate Change	30
iShares MSCI ACWI SRI UCITS ETF USD (Acc)	0,05%	Equity World Social/Environmental	81
Invesco FTSE All-World UCITS ETF Acc	0,01%	Equity World	2,053
iShares Conservative Portfolio UCITS ETF USD Hedged (Acc)	0,01%	Equity World Social/Environmental Multi-Asset Strategy	0
iShares Core MSCI Emerging Markets IMI UCITS ETF (Acc)	0,11%	Equity Emerging Markets	26,271
iShares MSCI China UCITS ETF USD (Acc)	0,44%	Equity China	3,558
UBS MSCI ACWI Universal UCITS ETF USD dis	0,02%	Equity World Social/Environmental	1,893
BNP Paribas Easy MSCI ACWI SRI S-Series PAB 5% Capped UCITS ETF EUR Acc	0,08%	Equity World Social/Environmental	14
Amundi Core MSCI Emerging Markets UCITS ETF Acc	0,14%	Equity Emerging Markets	3,148
UBS Solactive China Technology UCITS ETF USD acc	1,73%	Equity China Technology Innovation	541
Xtrackers Emerging Markets Net Zero Pathway Paris Aligned UCITS ETF	0,18%	Equity Emerging Markets Social/Environmental Climate Change	12
UBS MSCI ACWI Universal UCITS ETF hGBP acc	0,02%	Equity World Social/Environmental	311
Vanguard LifeStrategy 40% Equity UCITS ETF Accumulating	0,00%	Equity World Multi-Asset Strategy	187
UBS MSCI ACWI Socially Responsible UCITS ETF hEUR acc	0,06%	Equity World Social/Environmental Climate Change	652
iShares MSCI ACWI Screened UCITS ETF USD (Acc)	0,01%	Equity World Social/Environmental	123
iShares China Large Cap UCITS ETF	1,02%	Equity China	933
iShares MSCI EM IMI Screened UCITS ETF USD (Acc)	0,12%	Equity Emerging Markets Social/Environmental	4,669
iShares MSCI EM ESG Enhanced CTB UCITS ETF USD (Dist)	0,34%	Equity Emerging Markets Social/Environmental	885
iShares AI Adopters & Applications UCITS ETF USD (Acc)	0,37%	Equity World Social/Environmental Artificial Intelligence	247
Xtrackers MSCI Global SDGs UCITS ETF 1C	1,32%	Equity World Social/Environmental	11
UBS MSCI ACWI Universal UCITS ETF hJPY acc	0,02%	Equity World Social/Environmental	105
iShares MSCI EM ESG Enhanced CTB UCITS ETF USD (Acc)	0,34%	Equity Emerging Markets Social/Environmental	6,314
UBS MSCI EM Socially Responsible UCITS ETF USD acc	0,55%	Equity Emerging Markets Social/Environmental Climate Change	527
Invesco Emerging Markets Enhanced Equity UCITS ETF Acc	0,08%	Equity Emerging Markets Multi-Factor Strategy	61
iShares MSCI AC Far East ex-Japan UCITS ETF USD (Acc)	0,17%	Equity Asia Pacific	75
Amundi Core MSCI Emerging Markets UCITS ETF EUR Dist	0,14%	Equity Emerging Markets	839
Invesco MSCI Emerging Markets Universal Screened UCITS ETF Acc	0,25%	Equity Emerging Markets Social/Environmental	63
WisdomTree Emerging Markets ex-State-Owned Enterprises UCITS ETF	0,17%	Equity Emerging Markets Social/Environmental	12
iShares MSCI EM SRI UCITS ETF	0,45%	Equity Emerging Markets Social/Environmental	2,705
UBS MSCI ACWI Socially Responsible UCITS ETF hGBP dis	0,06%	Equity World Social/Environmental Climate Change	345
HSBC Asia Pacific Ex Japan Screened Equity UCITS ETF USD	0,05%	Equity Asia Pacific Social/Environmental Climate Change	352
Franklin FTSE Emerging Markets UCITS ETF USD Capitalisation	0,18%	Equity Emerging Markets	10
BNP Paribas Easy MSCI ACWI SRI S-Series PAB 5% Capped UCITS ETF USD C	0,08%	Equity World Social/Environmental	24
Vanguard LifeStrategy 80% Equity UCITS ETF (EUR) Accumulating	0,00%	Equity World Multi-Asset Strategy	855
JPMorgan Global Emerging Markets Research Enhanced Index Equity SRI Paris Aligned Active UCITS ETF USD (acc)	0,07%	Equity Emerging Markets Social/Environmental Climate Change	99
Invesco MSCI China Technology All Shares Stock Connect UCITS ETF Acc	1,23%	Equity China Innovation	132
HSBC ASIA PACIFIC EX JAPAN SCREENED EQUITY UCITS ETF USD (Dist)	0,05%	Equity Asia Pacific Social/Environmental Climate Change	81
HSBC MSCI China UCITS ETF USD	0,44%	Equity China	1,234
Vanguard ESG Emerging Markets All Cap UCITS ETF (USD) Distributing	0,14%	Equity Emerging Markets Social/Environmental	13
iShares MSCI EM Asia UCITS ETF (Acc)	0,16%	Equity Asia Pacific	4,272
iShares Growth Portfolio UCITS ETF GBP Hedged (Acc)	0,04%	Equity World Social/Environmental Multi-Asset Strategy	21
HSBC MSCI AC Asia Pacific ex Japan Climate Paris Aligned UCITS ETF	0,23%	Equity Asia Pacific Social/Environmental Climate Change	13
Vanguard FTSE All-World UCITS ETF (USD) Accumulating	0,01%	Equity World	25,806
Amundi MSCI Emerging Markets ESG Selection UCITS ETF DR (C)	0,27%	Equity Emerging Markets Social/Environmental	1,166
HSBC MSCI AC Far East ex Japan UCITS ETF USD	0,17%	Equity Asia Pacific	278
L&G Gerd Kommer Multifactor Equity UCITS ETF USD Distributing	0,03%	Equity World Multi-Factor Strategy	139
Amundi MSCI EM Asia ESG Broad Transition UCITS ETF Acc	0,41%	Equity Asia Pacific Social/Environmental Climate Change	298
Amundi MSCI China Tech UCITS ETF USD Acc	0,97%	Equity China Social/Environmental Innovation	35
Xtrackers Harvest MSCI China Tech 100 UCITS ETF 1C 1C	1,92%	Equity China Social/Environmental Innovation	25
Vanguard FTSE Emerging Markets UCITS ETF (USD) Distributing	0,13%	Equity Emerging Markets	2,640
UBS MSCI ACWI Universal UCITS ETF hCHF dis	0,02%	Equity World Social/Environmental	51
UBS MSCI ACWI Universal UCITS ETF hCHF acc	0,02%	Equity World Social/Environmental	1,317
iShares MSCI ACWI UCITS ETF USD (Acc)	0,01%	Equity World	20,831
SPDR MSCI Emerging Markets Climate Paris Aligned UCITS ETF USD Unhedged (Acc)	0,21%	Equity Emerging Markets Social/Environmental Climate Change	5
iShares Emerging Markets Equity Enhanced Active UCITS ETF USD (Acc)	0,14%	Equity Emerging Markets Social/Environmental Multi-Asset Strategy	568
Vanguard LifeStrategy 80% Equity UCITS ETF Distributing	0,00%	Equity World Multi-Asset Strategy	63
WisdomTree Global Automotive Innovators UCITS ETF USD Unhedged Acc	0,77%	Equity World Automobile Social/Environmental Future Mobility	1
UBS MSCI ACWI Socially Responsible UCITS ETF hUSD acc	0,06%	Equity World Social/Environmental Climate Change	154
SPDR MSCI All Country World UCITS ETF EUR Hedged (Acc)	0,01%	Equity World	938
Amundi MSCI Emerging Markets SRI Climate Paris Aligned UCITS ETF DR (D)	0,73%	Equity Emerging Markets Social/Environmental	262
iShares Conservative Portfolio UCITS ETF EUR (Acc)	0,01%	Equity World Social/Environmental Multi-Asset Strategy	16
HSBC MSCI Emerging Markets Value Screened UCITS ETF USD (Acc)	0,49%	Equity Emerging Markets Value	54
UBS Core MSCI EM UCITS ETF USD acc	0,13%	Equity Emerging Markets	3,959
Amundi Prime Emerging Markets UCITS ETF DR (C)	0,12%	Equity Emerging Markets	142
L&G Gerd Kommer Multifactor Equity UCITS ETF USD Accumulating	0,03%	Equity World Multi-Factor Strategy	755
Vanguard FTSE Emerging Markets UCITS ETF (USD) Accumulating	0,13%	Equity Emerging Markets	1,207
Amundi MSCI AC Far East Ex Japan ESG Selection UCITS ETF DR - USD (C)	0,41%	Equity Asia Pacific Social/Environmental	3
iShares MSCI Emerging Markets Consumer Growth UCITS ETF USD (Acc)	0,41%	Equity World Consumer Discretionary	39
Franklin MSCI China Paris Aligned Climate UCITS ETF	5,10%	Equity China Social/Environmental Climate Change	7
iShares MSCI China UCITS ETF USD (Dist)	0,44%	Equity China	379
Invesco FTSE All-World UCITS ETF Dist	0,01%	Equity World	176
iShares Electric Vehicles and Driving Technology UCITS ETF USD (Acc)	2,10%	Equity World Technology Social/Environmental Future Mobility	394
Vanguard LifeStrategy 20% Equity UCITS ETF Accumulating	0,00%	Equity World Multi-Asset Strategy	84
iShares MSCI ACWI SRI UCITS ETF USD (Dist)	0,05%	Equity World Social/Environmental	22
Vanguard LifeStrategy 60% Equity UCITS ETF Accumulating	0,00%	Equity World Multi-Asset Strategy	640
BNP Paribas Easy MSCI China Min TE UCITS ETF USD Acc	0,44%	Equity China Social/Environmental	20
UBS MSCI AC Asia ex Japan Selection UCITS ETF USD acc	0,30%	Equity Asia Pacific Social/Environmental Climate Change	9
iShares Moderate Portfolio UCITS ETF USD Hedged (Acc)	0,02%	Equity World Social/Environmental Multi-Asset Strategy	5
Vanguard ESG Emerging Markets All Cap UCITS ETF (USD) Accumulating	0,14%	Equity Emerging Markets Social/Environmental	54
Amundi Core MSCI Emerging Markets UCITS ETF USD Dist	0,14%	Equity Emerging Markets	186
iShares China Large Cap UCITS ETF USD (Acc)	1,02%	Equity China Large Cap	32
UBS MSCI China Universal UCITS ETF USD dis	0,88%	Equity China Social/Environmental Climate Change	416
Xtrackers MSCI Emerging Markets Climate Transition UCITS ETF 1C 1C	0,23%	Equity Emerging Markets Social/Environmental Climate Change	108
iShares Growth Portfolio UCITS ETF EUR (Acc)	0,04%	Equity World Social/Environmental Multi-Asset Strategy	70
iShares Conservative Portfolio UCITS ETF GBP Hedged (Acc)	0,01%	Equity World Social/Environmental Multi-Asset Strategy	2
UBS MSCI ACWI Climate Paris Aligned UCITS ETF USD acc	0,21%	Equity World Social/Environmental Climate Change	28
Amundi Prime All Country World UCITS ETF Dist	0,01%	Equity World	2,193
SPDR MSCI Resilient Future UCITS ETF USD Unhedged (Acc)	0,45%	Equity World Social/Environmental	4
HSBC MSCI Emerging Markets Climate Paris Aligned UCITS ETF	0,20%	Equity Emerging Markets Social/Environmental Climate Change	27
Vanguard FTSE All-World UCITS ETF (USD) Distributing	0,01%	Equity World	18,590
UBS MSCI ACWI Universal UCITS ETF hUSD acc	0,02%	Equity World Social/Environmental	1,176
UBS MSCI ACWI Socially Responsible UCITS ETF hCHF acc	0,06%	Equity World Social/Environmental Climate Change	457
SPDR MSCI All Country World UCITS ETF (Acc)	0,01%	Equity World	6,620
iShares Growth Portfolio UCITS ETF USD Hedged (Acc)	0,04%	Equity World Social/Environmental Multi-Asset Strategy	1
Amundi MSCI China Tech UCITS ETF EUR Acc	0,97%	Equity China Social/Environmental Innovation	124
Xtrackers MSCI Emerging Markets ESG UCITS ETF 1C	0,42%	Equity Emerging Markets Social/Environmental	1,471
Amundi MSCI Emerging Markets ESG Broad Transition UCITS ETF DR (C)	0,37%	Equity Emerging Markets Social/Environmental Climate Change	1,128
Invesco FTSE All-World UCITS ETF CHF PfHdg Acc	0,01%	Equity World	13
Invesco FTSE RAFI Emerging Markets UCITS ETF	0,07%	Equity Emerging Markets Fundamental/Quality	67
Amundi MSCI Emerging Markets SRI Climate Paris Aligned UCITS ETF DR - GBP (D)	0,73%	Equity Emerging Markets Social/Environmental	39
Vanguard ESG Global All Cap UCITS ETF (USD) Accumulating	0,01%	Equity World Social/Environmental	700
SPDR MSCI ACWI Climate Paris Aligned UCITS ETF Acc USD	0,21%	Equity World Social/Environmental Climate Change	5
UBS MSCI EM Socially Responsible UCITS ETF USD dis	0,55%	Equity Emerging Markets Social/Environmental Climate Change	1,795
L&G Emerging Markets ESG Exclusions Paris Aligned UCITS ETF USD Accumulating ETF	0,23%	Equity Emerging Markets Social/Environmental Climate Change	101
Vanguard LifeStrategy 60% Equity UCITS ETF Distributing	0,00%	Equity World Multi-Asset Strategy	86
Franklin MSCI Emerging Markets Paris Aligned Climate UCITS ETF	0,27%	Equity Emerging Markets Social/Environmental Climate Change	6

Savings plan offers

Here you can find information about the savings plan availability for the stock. You can use the table to compare savings plan offers for the selected savings rate.

Source: justETF Research; As of 12/2025; *Affiliate link
- The offers are sorted in the following way: 1. Rating 2. Execution fee 3. Number of stock savings plans. The number of stock savings plans is rounded.
- No guarantee can be given for the completeness and correctness of the information listed. The information provided by the online brokers is decisive. In addition to the indicated broker fees, additional costs (e.g. spreads, gratuities and product costs) may apply.

Performance

Returns overview

YTD	-36.88%
1 month	-12.37%
3 months	-24.18%
6 months	-40.19%
1 year	-28.10%
3 years	-27.42%
5 years	-
Since inception (MAX)	-41.24%
2024	-29.00%
2023	+88.83%
2022	-30.46%
2021	-

Monthly returns in a heat map

Risk

Risk metrics in this section:

Volatility, annualised, measured for 1, 3 and 5 year periods. The annualised volatility reflects the degree of price fluctuations during a one year period. The higher the volatility, the more significantly the price of the asset (stock, ETF, etc.) has changed in the past. Assets with higher volatility are generally considered more risky. We calculate the volatility based on the data for the past 1, 3 and 5 years so that you can see if price fluctuations for the ETF became stronger or weaker over time.
Return per risk for 1, 3 and 5 year periods. This is the annualised (i.e. converted to a one year period) past return divided by the past annualised volatility. The metric puts the historical return of an asset in relation to its historical risk and gives you a retrospective indication of the degree of price fluctuation you had to bear with in order to obtain the return. We calculate this parameter for 1, 3 and 5 year periods to display its evolution over time.
Maximum drawdown for a period. This shows the worst possible loss an investor could have suffered during the respective period, by first buying and subsequently selling the asset at the least favourable prices. For example, if there was the following sequence of daily ETF prices: 10€, 5€, 12€, 20€, an investor would have suffered the worst loss by buying for 10€ and subsequently selling for 5€. Therefore in this case the maximum drawdown would be (5€ - 10€)/10€ = -50%.

ETF returns include dividend payments (if applicable).