CF Industries Holdings

ISIN US1252691001

WKN A0ES9N

Market cap (in EUR)

16,812 m

Country

United States

Sector

Non-Energy Materials

Dividend yield

1.55%

Overview

Quote

Description

CF Industries Holdings, Inc. engages in the manufacture and distribution of nitrogen fertilizer. The firm owns and operates nitrogen plants and serves agricultural and industrial customers through its distribution system. It operates through the following segments: Ammonia, Granular Urea, UAN, AN, and Other. The Ammonia segment produces anhydrous ammonia. The Granular Urea segment offers granular urea. The UAN segment focuses on urea ammonium nitrate solution. The AN segment refers to the production of ammonium nitrate. The Other segment includes diesel exhaust fluid, nitric acid, urea liquor, and aqua ammonia. The company was founded in 1946 and is headquartered in Northbrook, IL.

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Non-Energy Materials Chemical, Plastic and Rubber Materials Specialty and Performance Chemicals United States

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Financials

Key metrics

Market capitalisation, EUR	16,812 m
EPS, EUR	11.56
P/B ratio	3.4
P/E ratio	9.6
Dividend yield	1.55%

Income statement (2025)

Revenue, EUR	6,279 m
Net income, EUR	1,290 m
Profit margin	20.54%

What ETF is CF Industries Holdings in?

There are 420 ETFs which contain CF Industries Holdings. All of these ETFs are listed in the table below. The ETF with the largest weighting of CF Industries Holdings is the iShares Agribusiness UCITS ETF.

ETF	Weight	Investment focus	Fund size (in m EUR)
iShares MSCI World Sector & Country Neutral Equal Weight UCITS ETF USD (Acc)	0.05%	Equity World Equal Weighted	21
UBS Core MSCI World UCITS ETF hCHF acc	0.02%	Equity World	1,220
Xtrackers MSCI USA Screened UCITS ETF 1C	0.03%	Equity United States Social/Environmental	978
iShares S&P 500 Swap PEA UCITS ETF EUR (Acc)	0.03%	Equity United States	59
iShares S&P 500 Swap UCITS ETF USD (Acc)	0.03%	Equity United States	13,091
Invesco MSCI World UCITS ETF Acc	0.02%	Equity World	9,538
iShares MSCI USA CTB Enhanced ESG UCITS ETF USD (Dist)	0.01%	Equity United States Social/Environmental	16,421
Amundi MSCI USA Screened UCITS ETF Acc	0.03%	Equity United States Social/Environmental	1,769
BNP Paribas Easy S&P 500 II UCITS ETF EUR (Acc)	0.03%	Equity United States	551
Xtrackers S&P 500 Equal Weight Scored & Screened UCITS ETF 2C - EUR Hedged	0.30%	Equity United States Equal Weighted	697
Xtrackers S&P 500 Swap UCITS ETF 1D	0.03%	Equity United States	3,520
CT QR Series Global Equity Active UCITS ETF USD Dist	0.10%	Equity World Fundamental/Quality	3
iShares MSCI All Country World UCITS ETF USD (Dist)	0.02%	Equity World	36
UBS MSCI USA Value UCITS ETF USD dis	0.05%	Equity United States Value	781
Amundi Core MSCI USA UCITS ETF Acc	0.03%	Equity United States	4,600
D-X MSCI USA Screened UCITS ETF X	0.03%	Equity United States Social/Environmental	1,754
iShares S&P 500 Equal Weight UCITS ETF GBP Hedged (Acc)	0.17%	Equity United States Equal Weighted	457
Amundi PEA S&P 500 Screened UCITS ETF EUR Hedged Acc	0.04%	Equity United States Social/Environmental	255
Scalable MSCI AC World Xtrackers UCITS ETF 1C	0.02%	Equity World	880
iShares S&P 500 CHF Hedged UCITS ETF (Acc)	0.02%	Equity United States	1,147
Invesco S&P 500 UCITS ETF GBP Hedged Acc	0.03%	Equity United States	1,883
BNP Paribas Easy Alpha Enhanced World UCITS ETF EUR Acc	0.21%	Equity World Multi-Factor Strategy	21
Vanguard Russell U.S. Mid-Cap UCITS ETF USD Acc	0.13%	Equity United States Mid Cap	4
Invesco Global Enhanced Equity UCITS ETF GBP PfHdg Acc	0.16%	Equity World Multi-Factor Strategy	5
Ossiam S&P 500 UCITS ETF 1C (EUR)	0.03%	Equity United States	738
Invesco MSCI USA UCITS ETF	0.03%	Equity United States	7,518
Amundi PEA S&P 500 Screened UCITS ETF Acc	0.04%	Equity United States Social/Environmental	1,102
UBS MSCI USA ex Mega Cap UCITS ETF USD acc	0.05%	Equity United States	2
Amundi MSCI World Momentum Advanced UCITS ETF Acc	0.09%	Equity World Momentum Climate Change	610
Xtrackers MSCI USA Swap UCITS ETF 1D	0.03%	Equity United States	2,965
Xtrackers MSCI World UCITS ETF 1D	0.02%	Equity World	4,763
iShares S&P 500 Swap UCITS ETF USD (Dist)	0.03%	Equity United States	2,312
Xtrackers S&P 500 Equal Weight Scored & Screened UCITS ETF 1C	0.30%	Equity United States Equal Weighted	1,934
Xtrackers S&P 500 UCITS ETF 1C - EUR Hedged	0.03%	Equity United States	454
Amundi Core MSCI World Swap UCITS ETF Dist	0.02%	Equity World	6,852
Xtrackers S&P 500 Equal Weight UCITS ETF 1D - GBP Hedged	0.17%	Equity United States Equal Weighted	254
Amundi Core MSCI World UCITS ETF 2 Acc	0.02%	Equity World	3
HSBC MSCI World UCITS ETF EUR Hedged (Acc)	0.02%	Equity World	685
Amundi MSCI USA ESG Broad Transition UCITS ETF Dist	0.01%	Equity United States Social/Environmental Climate Change	2,458
Invesco S&P 500 Scored & Screened UCITS ETF EUR Hedged Acc	0.04%	Equity United States Social/Environmental	713
Invesco MSCI North America Swap UCITS ETF Acc	0.02%	Equity North America	-
Amundi S&P 500 Swap UCITS ETF USD Acc	0.03%	Equity United States	3,299
UBS Core S&P 500 UCITS ETF hGBP dis	0.03%	Equity United States	75
iShares Core S&P 500 UCITS ETF USD (Dist)	0.03%	Equity United States	20,748
Amundi S&P 500 Equal Weight UCITS ETF Acc	0.17%	Equity United States Equal Weighted	116
UBS S&P 500 Scored & Screened UCITS ETF hGBP dis	0.04%	Equity United States Social/Environmental	23
Xtrackers S&P 500 Swap UCITS ETF 7C GBP Hedged	0.03%	Equity United States	2
Amundi MSCI World ESG Broad Transition UCITS ETF Dist	0.01%	Equity World Social/Environmental Climate Change	280
iShares Growth Portfolio UCITS ETF GBP Hedged (Acc)	0.01%	Equity World Social/Environmental Multi-Asset Strategy	35
HSBC MSCI World UCITS ETF USD	0.02%	Equity World	14,560
UBS Core S&P 500 UCITS ETF hEUR acc	0.03%	Equity United States	219
BNP Paribas Easy S&P 500 II UCITS ETF EUR Hedged (Acc)	0.03%	Equity United States	447
CT QR Series Global Equity Active UCITS ETF USD Acc	0.10%	Equity World Fundamental/Quality	181
Amundi Core MSCI USA Swap UCITS ETF Acc	0.03%	Equity United States	58
Franklin Global Quality Dividend UCITS ETF (Dist)	0.78%	Equity World Dividend	111
iShares MSCI World Swap UCITS ETF USD (Acc)	0.02%	Equity World	2,218
Xtrackers MSCI USA UCITS ETF 1C	0.03%	Equity United States	12,615
VanEck Agribusiness UCITS ETF A	4.04%	Equity World Agribusiness	7
Xtrackers MSCI World Minimum Volatility ESG UCITS ETF 1C	0.20%	Equity World Low Volatility/Risk Weighted	33
UBS Core MSCI World UCITS ETF hEUR acc	0.02%	Equity World	969
UBS Core MSCI USA UCITS ETF EUR Hedged dis	0.03%	Equity United States	191
BNP Paribas Easy S&P 500 UCITS ETF EUR Hedged	0.03%	Equity United States	1,416
iShares S&P 500 Swap UCITS ETF CHF Hedged (Acc)	0.03%	Equity United States	55
BNP Paribas Easy Alpha Enhanced US UCITS ETF USD Acc	0.38%	Equity United States Multi-Factor Strategy	20
Amundi S&P 500 Equal Weight ESG UCITS ETF EUR Hedged Acc	0.28%	Equity United States Equal Weighted	127
D-X MSCI USA Screened UCITS ETF XH EUR Hedged	0.03%	Equity United States Social/Environmental	210
Vanguard Russell 1000 U.S. Value UCITS ETF USD Dist	0.05%	Equity United States Value	1
Vanguard ESG North America All Cap UCITS ETF (USD) Distributing	0.03%	Equity North America Social/Environmental	31
Amundi Core S&P 500 UCITS ETF Dist	0.03%	Equity United States	0
Deka MSCI USA UCITS ETF	0.03%	Equity United States	459
WisdomTree S&P 500 EUR Daily Hedged	0.03%	Equity United States	5
Amundi Core S&P 500 Swap UCITS ETF EUR Hedged Dist	0.03%	Equity United States	1,098
Amundi MSCI USA ESG Broad Transition UCITS ETF EUR Hedged Acc	0.01%	Equity United States Social/Environmental Climate Change	15
Deka MSCI USA MC UCITS ETF	0.23%	Equity United States Mid Cap	52
iShares Moderate Portfolio UCITS ETF USD Hedged (Acc)	0.01%	Equity World Social/Environmental Multi-Asset Strategy	7
iShares Core MSCI World UCITS ETF USD (Acc)	0.02%	Equity World	133,734
State Street SPDR MSCI USA Value UCITS ETF USD	0.29%	Equity United States Value	302
UBS S&P 500 Equal Weight SF UCITS ETF USD acc	0.17%	Equity United States Equal Weighted	14
Xtrackers MSCI North America High Dividend Yield UCITS ETF 1C	0.13%	Equity North America Dividend	236
iShares Core S&P 500 UCITS ETF USD (Acc)	0.03%	Equity United States	141,123
iShares Growth Portfolio UCITS ETF EUR (Acc)	0.01%	Equity World Social/Environmental Multi-Asset Strategy	111
Vanguard ESG North America All Cap UCITS ETF (USD) Accumulating	0.03%	Equity North America Social/Environmental	274
Invesco S&P 500 Quality UCITS ETF Dist	0.18%	Equity United States Fundamental/Quality	1
BNP Paribas Easy S&P 500 II UCITS ETF USD (Acc)	0.03%	Equity United States	2,713
State Street SPDR MSCI World UCITS ETF EUR Hedged (Acc)	0.02%	Equity World	999
iShares MSCI World Materials Sector Advanced UCITS ETF USD (Acc)	0.16%	Equity World Basic Materials Social/Environmental	1
ODDO BHF Global Equity Active UCITS ETF C	0.01%	Equity World Social/Environmental	5
iShares S&P 500 Scored and Screened UCITS ETF EUR Hedged (Acc)	0.04%	Equity United States Social/Environmental	345
UBS MSCI ACWI SF UCITS ETF hCHF acc	0.02%	Equity World	1,932
UBS Core MSCI USA UCITS ETF USD dis	0.03%	Equity United States	1,381
UBS S&P 500 Scored & Screened UCITS ETF hEUR acc	0.04%	Equity United States Social/Environmental	861
Invesco MSCI USA Universal Screened UCITS ETF GBP Hedged Acc	0.03%	Equity United States Social/Environmental	4
iShares Growth Portfolio UCITS ETF USD Hedged (Acc)	0.01%	Equity World Social/Environmental Multi-Asset Strategy	2
Xtrackers World Equity Enhanced Active UCITS ETF 1C	0.19%	Equity World Social/Environmental	503
iShares MSCI USA UCITS ETF (Acc)	0.03%	Equity United States	4,804
HSBC MSCI WORLD ISLAMIC SCREENED UCITS ETF USD (Acc)	0.05%	Equity World Social/Environmental Islamic Investing	182
UBS MSCI World ex Mega Cap UCITS ETF USD acc	0.03%	Equity World	18
Amundi MSCI World ESG Broad Transition UCITS ETF EUR Hedged (Acc)	0.01%	Equity World Social/Environmental Climate Change	43
First Trust SMID Rising Dividend Achievers UCITS ETF Class B USD DIST	0.20%	Equity United States Dividend	1
Amundi S&P 500 Screened UCITS ETF Acc	0.04%	Equity United States Social/Environmental	4,127
Amundi MSCI World Screened UCITS ETF Acc	0.02%	Equity World Social/Environmental	2,127
Xtrackers MSCI World Screened UCITS ETF 1C	0.02%	Equity World Social/Environmental	559
UBS MSCI ACWI SF UCITS ETF hUSD acc	0.02%	Equity World	2,208
iShares Core MSCI World UCITS ETF USD (Dist)	0.02%	Equity World	638
Xtrackers S&P 500 Equal Weight UCITS ETF 1C	0.17%	Equity United States Equal Weighted	11,629
WisdomTree US Quality Dividend Growth UCITS ETF USD	0.15%	Equity United States Fundamental/Quality	87
Amundi Core S&P 500 Swap UCITS ETF GBP Hedged Dist	0.03%	Equity United States	1,843
BNP Paribas Easy MSCI World UCITS ETF USD Acc	0.02%	Equity World	28
Pacer US Small Cap Cash Cows UCITS ETF (Acc)	1.69%	Equity United States Small Cap	2
UBS MSCI World UCITS ETF USD dis	0.02%	Equity World	1,517
iShares S&P 500 3% Capped UCITS ETF USD (Acc)	0.03%	Equity United States	208
HSBC Multi-Factor Worldwide Equity UCITS ETF USD	0.01%	Equity World Multi-Factor Strategy	1,058
Xtrackers S&P 500 Equal Weight UCITS ETF 2D	0.17%	Equity United States Equal Weighted	688
State Street SPDR MSCI All Country World Investable Market UCITS ETF USD Unhedged (Acc)	0.04%	Equity World	8,551
iShares MSCI USA Screened UCITS ETF USD (Dist)	0.03%	Equity United States Social/Environmental	1,513
State Street SPDR S&P 500 UCITS ETF GBP Hedged (Dist)	0.03%	Equity United States	290
State Street SPDR S&P 500 UCITS ETF USD Unhedged (Dist)	0.03%	Equity United States	19,497
iShares S&P 500 3% Capped UCITS ETF EUR Hedged Acc	0.03%	Equity United States	26
iShares MSCI World Swap PEA UCITS ETF EUR (Acc)	0.02%	Equity World	2,404
iShares S&P 500 Equal Weight UCITS ETF EUR Hedged (Acc)	0.17%	Equity United States Equal Weighted	435
State Street SPDR MSCI All Country World Investable Market UCITS ETF USD Unhedged (Dist)	0.04%	Equity World	248
Deka MSCI World UCITS ETF	0.02%	Equity World	5,951
Invesco MSCI ACWI Islamic M-Series UCITS ETF Acc	0.05%	Equity World Islamic Investing	129
Ossiam MSCI World UCITS ETF 1C/A (EUR)	0.02%	Equity World	23
Invesco RAFI US Fundamental Value UCITS ETF Dist	0.07%	Equity United States Value	1,187
Xtrackers MSCI World Swap UCITS ETF 1C	0.02%	Equity World	5,476
iShares MSCI USA Swap UCITS ETF USD (Acc)	0.03%	Equity United States	6,720
UBS MSCI ACWI SF UCITS ETF hEUR acc	0.02%	Equity World	1,660
HSBC S&P 500 UCITS ETF USD	0.03%	Equity United States	9,156
Xtrackers S&P 500 Equal Weight UCITS ETF 3C - CHF Hedged	0.17%	Equity United States Equal Weighted	104
iShares STOXX World Equity Multifactor UCITS ETF CHF Hedged (Acc)	0.15%	Equity World Multi-Factor Strategy	11
Amundi PEA Global (MSCI ACWI) UCITS ETF Acc	0.02%	Equity World	91
Xtrackers S&P 500 Equal Weight UCITS ETF 2C EUR Hedged	0.17%	Equity United States Equal Weighted	1,516
Xtrackers S&P 500 Equal Weight Swap UCITS ETF 1C	0.17%	Equity United States Equal Weighted	12
Ossiam MSCI World UCITS ETF 1C/A (USD)	0.02%	Equity World	7
BNP Paribas Easy MSCI World UCITS ETF EUR Acc	0.02%	Equity World	204
Xtrackers MSCI AC World Screened UCITS ETF 1C	0.02%	Equity World Social/Environmental	6,561
Scalable MSCI AC World Xtrackers UCITS ETF 1D	0.02%	Equity World	870
Invesco S&P 500 Equal Weight Swap UCITS ETF Acc	0.17%	Equity United States Equal Weighted	931
Vanguard FTSE Global Small-Cap UCITS ETF USD Dist	0.17%	Equity World Small Cap	11
Vanguard S&P 500 UCITS ETF (USD) Accumulating	0.03%	Equity United States	33,909
iShares MSCI World Screened UCITS ETF USD (Dist)	0.03%	Equity World Social/Environmental	1,029
UBS MSCI ACWI SF UCITS ETF USD acc	0.02%	Equity World	4,045
Deka S&P 500 UCITS ETF	0.03%	Equity United States	165
WisdomTree S&P 500	0.03%	Equity United States	203
Invesco S&P 500 Equal Weight UCITS ETF Dist	0.17%	Equity United States Equal Weighted	378
iShares S&P 500 Swap UCITS ETF GBP Hedged (Dist)	0.03%	Equity United States	123
Amundi MSCI World Swap II UCITS ETF USD Hedged Dist	0.02%	Equity World	48
UBS S&P 500 Equal Weight SF UCITS ETF USD dis	0.17%	Equity United States Equal Weighted	0
BNP Paribas Easy MSCI ACWI SRI S-Series PAB 5% Capped UCITS ETF EUR Acc	0.02%	Equity World Social/Environmental	18
iShares MSCI World Mid-Cap Equal Weight UCITS ETF USD (Acc)	0.12%	Equity World Mid Cap	403
iShares MSCI World Screened UCITS ETF USD (Acc)	0.03%	Equity World Social/Environmental	5,315
Amundi Core MSCI World UCITS ETF USD Dist	0.02%	Equity World	1,652
ODDO BHF Global Balanced Allocation Active UCITS ETF C	0.00%	Equity World Multi-Asset Strategy	12
iShares MSCI All Country World Screened UCITS ETF USD (Acc)	0.02%	Equity World Social/Environmental	2,924
First Trust Rising Dividend Achievers UCITS ETF Class A USD ACC	0.46%	Equity United States Dividend	30
Amundi Core S&P 500 Swap UCITS ETF CHF Hedged Dist	0.03%	Equity United States	147
Amundi MSCI North America ESG Broad Transition UCITS ETF Acc	0.02%	Equity North America Social/Environmental Climate Change	456
Invesco MSCI USA UCITS ETF EUR Hedged Acc	0.03%	Equity United States	351
BNP Paribas Easy MSCI USA UCITS ETF USD Acc	0.03%	Equity United States	21
Amundi MSCI World Swap II UCITS ETF EUR Hedged Dist	0.02%	Equity World	649
Xtrackers S&P 500 UCITS ETF 4C	0.03%	Equity United States	2,701
iShares MSCI World Swap UCITS ETF EUR Hedged (Acc)	0.02%	Equity World	96
iShares Edge MSCI USA Value Factor UCITS ETF USD (Dist)	0.13%	Equity United States Value	346
Xtrackers MSCI USA Screened UCITS ETF 2C - EUR Hedged	0.03%	Equity United States Social/Environmental	122
Invesco S&P 500 QVM UCITS ETF	0.29%	Equity United States Multi-Factor Strategy	56
iShares Core MSCI World UCITS ETF EUR Hedged (Dist)	0.02%	Equity World	1,839
Xtrackers MSCI USA Swap UCITS ETF 1C	0.03%	Equity United States	4,910
State Street SPDR S&P 500 UCITS ETF EUR Hedged	0.03%	Equity United States	2,746
BNP Paribas Easy MSCI World II UCITS ETF EUR Acc	0.02%	Equity World	1
Vanguard FTSE Global Small-Cap UCITS ETF USD Acc	0.17%	Equity World Small Cap	40
iShares MSCI USA Islamic UCITS ETF	0.10%	Equity United States Islamic Investing	609
HSBC MSCI World UCITS ETF USD (Acc)	0.02%	Equity World	2,308
Amundi S&P 500 Swap UCITS ETF EUR Hedged Acc	0.03%	Equity United States	896
BNP Paribas Easy MSCI ACWI UCITS ETF EUR (Acc)	0.02%	Equity World	77
iShares MSCI World CTB Enhanced ESG UCITS ETF USD (Acc)	0.01%	Equity World Social/Environmental	4,699
Xtrackers MSCI World UCITS ETF 3C - CHF Hedged	0.02%	Equity World	58
UBS S&P 500 SF UCITS ETF USD acc	0.03%	Equity United States	204
HSBC S&P 500 UCITS ETF USD (Acc)	0.03%	Equity United States	584
Xtrackers S&P 500 Equal Weight Swap UCITS ETF 1D	0.17%	Equity United States Equal Weighted	20
UBS MSCI USA Select Factor Mix UCITS ETF hCHF acc	0.08%	Equity United States Multi-Factor Strategy	25
Vanguard S&P 500 UCITS ETF (USD) Distributing	0.03%	Equity United States	48,047
State Street SPDR MSCI All Country World UCITS ETF EUR Hedged (Acc)	0.02%	Equity World	1,833
Amundi MSCI USA ESG Broad Transition UCITS ETF GBP Hedged Dist	0.01%	Equity United States Social/Environmental Climate Change	0
iShares S&P 500 Equal Weight UCITS ETF USD (Acc)	0.17%	Equity United States Equal Weighted	5,005
Amundi Core MSCI ACWI Swap UCITS ETF Acc	0.02%	Equity World	101
iShares MSCI World EUR Hedged UCITS ETF (Acc)	0.02%	Equity World	5,414
BNP Paribas Easy S&P 500 Scored and Screened UCITS ETF EUR Hedged Acc	0.04%	Equity United States Social/Environmental	56
iShares MSCI USA Screened UCITS ETF USD (Acc)	0.03%	Equity United States Social/Environmental	16,894
Xtrackers S&P 500 UCITS ETF 3C CHF hedged	0.03%	Equity United States	70
Amundi MSCI World Swap UCITS ETF EUR Dist	0.02%	Equity World	469
Amundi MSCI USA ESG Broad Transition UCITS ETF Acc	0.01%	Equity United States Social/Environmental Climate Change	3,151
First Trust Bloomberg Scarce Resources UCITS ETF Class A USD ACC	1.15%	Equity World	1
JPMorgan BetaBuilders US Small Cap Equity UCITS ETF USD (dist)	0.26%	Equity United States Small Cap	235
Xtrackers MSCI World UCITS ETF 1C	0.02%	Equity World	22,360
Xtrackers MSCI World Materials UCITS ETF 1C	0.61%	Equity World Basic Materials	703
State Street SPDR MSCI World UCITS ETF USD Unhedged (Dist)	0.02%	Equity World	140
iShares S&P 500 3% Capped UCITS ETF USD (Dist)	0.03%	Equity United States	1
Ossiam S&P 500 UCITS ETF 1C/A (USD)	0.03%	Equity United States	1
Amundi MSCI World ESG Broad Transition UCITS ETF Acc	0.01%	Equity World Social/Environmental Climate Change	1,489
Xtrackers World Biodiversity Focus SRI UCITS ETF 1C	0.03%	Equity World Social/Environmental	23
iShares MSCI World Screened UCITS ETF GBP Hedged (Dist)	0.03%	Equity World Social/Environmental	96
iShares MSCI USA CTB Enhanced ESG UCITS ETF GBP Hedged (Dist)	0.01%	Equity United States Social/Environmental	619
iShares MSCI USA Screened UCITS ETF EUR Hedged (Acc)	0.03%	Equity United States Social/Environmental	696
Amundi MSCI North America ESG Broad Transition UCITS ETF Dist	0.02%	Equity North America Social/Environmental Climate Change	43
Franklin Core US Enhanced Equity UCITS ETF Acc	0.08%	Equity United States Multi-Factor Strategy	10
Finanzen.net MSCI World UCITS ETF Acc	0.02%	Equity World	50
UBS MSCI USA Select Factor Mix UCITS ETF hEUR acc	0.08%	Equity United States Multi-Factor Strategy	8
BNP Paribas Easy S&P 500 UCITS ETF	0.03%	Equity United States	172
Xtrackers S&P 500 Swap UCITS ETF 1C	0.03%	Equity United States	3,887
D-X MSCI World Screened UCITS ETF X	0.03%	Equity World Social/Environmental	2,500
Invesco MSCI World Equal Weight UCITS ETF Acc	0.08%	Equity World Equal Weighted	1,944
iShares Moderate Portfolio UCITS ETF EUR (Acc)	0.01%	Equity World Social/Environmental Multi-Asset Strategy	48
iShares Edge MSCI World Quality Factor UCITS ETF (Acc)	0.04%	Equity World Fundamental/Quality	6,018
Amundi MSCI USA ESG Broad Transition UCITS ETF UCITS ETF EUR Hedged Dist	0.01%	Equity United States Social/Environmental Climate Change	0
Amundi Core MSCI World Swap UCITS ETF EUR Hedged Acc	0.02%	Equity World	12
iShares MSCI USA Value Factor Advanced UCITS ETF USD (Acc)	0.27%	Equity United States Value	141
Amundi Core MSCI USA UCITS ETF EUR Hedged (Acc)	0.03%	Equity United States	3
iShares Moderate Portfolio UCITS ETF GBP Hedged (Acc)	0.01%	Equity World Social/Environmental Multi-Asset Strategy	31
UBS ETF (IE) MSCI USA UCITS ETF (USD) A-UKdis	0.03%	Equity United States	42
BNP Paribas Easy S&P 500 Scored and Screened UCITS ETF EUR Acc	0.04%	Equity United States Social/Environmental	603
State Street SPDR S&P 500 UCITS ETF USD Unhedged (Acc)	0.03%	Equity United States	17,759
UBS Core MSCI World UCITS ETF USD dis	0.02%	Equity World	2,165
UBS MSCI ACWI SF UCITS ETF USD Ukdis	0.02%	Equity World	294
iShares MSCI USA CTB Enhanced ESG UCITS ETF EUR Hedged (Acc)	0.01%	Equity United States Social/Environmental	1,596
Xtrackers S&P 500 Swap II UCITS ETF 1D	0.03%	Equity United States	173
Xtrackers MSCI AC World Screened UCITS ETF 2C - EUR Hedged	0.02%	Equity World Social/Environmental	89
iShares MSCI World Swap UCITS ETF CHF Hedged (Acc)	0.02%	Equity World	7
Xtrackers S&P 500 Defensive Shareholder Yield UCITS ETF 1C	0.33%	Equity United States Fundamental/Quality	13
ODDO BHF Global Balanced Allocation Active UCITS ETF AAA Acc	0.00%	Equity World Multi-Asset Strategy	1
Vanguard ESG Global All Cap UCITS ETF (USD) Distributing	0.02%	Equity World Social/Environmental	574
Franklin U.S. Equity UCITS ETF	0.12%	Equity United States Multi-Factor Strategy	52
Invesco US Enhanced Equity UCITS ETF EUR Hdg Acc	0.21%	Equity United States Multi-Factor Strategy	1
iShares World Equity Factor Rotation Active UCITS ETF USD (Acc)	0.05%	Equity World Multi-Factor Strategy	184
Amundi PEA Monde (MSCI World) UCITS ETF Acc	0.02%	Equity World	1,771
Invesco MSCI USA Universal Screened UCITS ETF Dist	0.03%	Equity United States Social/Environmental	46
HSBC MSCI USA Islamic Screened UCITS ETF USD (Acc)	0.08%	Equity United States Social/Environmental Islamic Investing	96
Fineco AM Amundi S&P 500 UCITS ETF Acc	0.03%	Equity United States	1
iShares MSCI World Paris-Aligned Climate UCITS ETF USD (Acc)	0.11%	Equity World Social/Environmental Climate Change	438
State Street SPDR MSCI All Country World UCITS ETF USD Hedged (Acc)	0.02%	Equity World	108
Pacer US Cash Cows 100 UCITS ETF Acc	0.49%	Equity United States Value	14
Invesco All Country World Enhanced Equity UCITS ETF Acc	0.14%	Equity World Multi-Factor Strategy	77
Xtrackers S&P 500 UCITS ETF 1D - EUR Hedged	0.03%	Equity United States	59
Xtrackers MSCI World Quality UCITS ETF 1C	0.04%	Equity World Fundamental/Quality	2,704
UBS MSCI USA Select Factor Mix UCITS ETF USD acc	0.08%	Equity United States Multi-Factor Strategy	114
Amundi MSCI USA Ex Mega Cap UCITS ETF Acc	0.08%	Equity United States	162
WisdomTree US Value UCITS ETF USD (Acc)	0.51%	Equity United States Value	14
Xtrackers S&P 500 Equal Weight Scored & Screened UCITS ETF 3C - CHF Hedged	0.30%	Equity United States Equal Weighted	93
BNP Paribas Easy ESG Enhanced US UCITS ETF EUR Hedged Acc	0.38%	Equity United States Social/Environmental	1
BNP Paribas Easy MSCI World II UCITS ETF Acc	0.02%	Equity World	57
Amundi MSCI World Swap II UCITS ETF Acc	0.02%	Equity World	775
Amundi S&P 500 Equal Weight ESG UCITS ETF Acc	0.28%	Equity United States Equal Weighted	2,735
Amundi Core S&P 500 Swap UCITS ETF USD Dist	0.03%	Equity United States	5,028
iShares MSCI USA Swap UCITS ETF EUR Hedged (Acc)	0.03%	Equity United States	167
Invesco S&P 500 Equal Weight UCITS ETF Acc	0.17%	Equity United States Equal Weighted	1,164
BNP Paribas Easy MSCI ACWI SRI S-Series PAB 5% Capped UCITS ETF USD C	0.02%	Equity World Social/Environmental	62
iShares STOXX USA Equity Multifactor UCITS ETF USD (Dist)	0.36%	Equity United States Multi-Factor Strategy	3
Amundi MSCI World Swap II UCITS ETF Dist	0.02%	Equity World	9,059
Amundi Core MSCI USA UCITS ETF UCITS ETF CHF Hedged Acc	0.03%	Equity United States	1
Vanguard Russell 1000 U.S. Value UCITS ETF USD Acc	0.05%	Equity United States Value	162
Amundi Core MSCI World Swap UCITS ETF Acc	0.02%	Equity World	15
UBS MSCI USA Select Factor Mix UCITS ETF USD dis	0.08%	Equity United States Multi-Factor Strategy	29
WisdomTree US Quality Dividend Growth UCITS ETF - GBP Hedged	0.15%	Equity United States Fundamental/Quality	1
UBS ETFs (IE) MSCI ACWI SF UCITS ETF (hedged to JPY) A-acc	0.02%	Equity World	217
Amundi PEA S&P 500 UCITS ETF Acc	0.03%	Equity United States	1,286
Vanguard FTSE Global All-Cap UCITS ETF USD Acc	0.02%	Equity World	3,660
Invesco MSCI World Universal Screened UCITS ETF Acc	0.01%	Equity World Social/Environmental	284
UBS Core MSCI World UCITS ETF hGBP dis	0.02%	Equity World	159
iShares MSCI World Swap PEA UCITS ETF EUR Hedged (Acc)	0.02%	Equity World	16
Amundi PEA S&P 500 UCITS ETF EUR Hedged Acc	0.03%	Equity United States	282
iShares MSCI World Materials Sector Advanced UCITS ETF USD (Dist)	0.16%	Equity World Basic Materials Social/Environmental	55
iShares MSCI USA Swap UCITS ETF USD (Dist)	0.03%	Equity United States	358
L&G MSCI World Mid Cap UCITS ETF USD Acc	0.13%	Equity World Mid Cap	7
BNP Paribas Easy MSCI World II UCITS ETF Dist	0.02%	Equity World	1
iShares Conservative Portfolio UCITS ETF EUR (Acc)	0.00%	Equity World Social/Environmental Multi-Asset Strategy	17
iShares Core MSCI World UCITS ETF GBP Hedged (Dist)	0.02%	Equity World	1,159
iShares S&P 500 Equal Weight UCITS ETF USD (Dist)	0.17%	Equity United States Equal Weighted	45
UBS Core MSCI USA UCITS ETF CHF Hedged acc	0.03%	Equity United States	616
iShares Core S&P 500 UCITS ETF EUR Hedged (Acc)	0.03%	Equity United States	96
Amundi Core MSCI World UCITS ETF Acc	0.02%	Equity World	15,815
Amundi Core MSCI USA Swap UCITS ETF GBP Hedged Dist	0.03%	Equity United States	2
iShares Edge MSCI USA Momentum Factor UCITS ETF USD (Dist)	0.08%	Equity United States Momentum	16
Xtrackers S&P 500 Swap UCITS ETF 5C EUR Hedged	0.03%	Equity United States	309
UBS Core MSCI USA UCITS ETF hGBP acc	0.03%	Equity United States	24
iShares Edge MSCI World Momentum Factor UCITS ETF (Acc)	0.06%	Equity World Momentum	5,605
iShares MSCI World Swap UCITS ETF GBP Hedged (Acc)	0.02%	Equity World	1
Xtrackers MSCI World Swap UCITS ETF 4C EUR hedged	0.02%	Equity World	1,661
BNP Paribas Easy Alpha Enhanced World UCITS ETF USD Acc	0.21%	Equity World Multi-Factor Strategy	20
Xtrackers MSCI USA Swap II UCITS ETF 1C	0.03%	Equity United States	120
Xtrackers MSCI World UCITS ETF 2D - GBP Hedged	0.02%	Equity World	481
Xtrackers MSCI World Swap UCITS ETF 1D	0.02%	Equity World	5,995
Invesco S&P 500 EUR Hedged UCITS ETF	0.03%	Equity United States	2,826
iShares Core S&P 500 UCITS ETF GBP Hedged (Dist)	0.03%	Equity United States	1,796
ODDO BHF US Equity Active UCITS ETF C	0.42%	Equity United States Social/Environmental	101
Amundi Core MSCI World UCITS ETF EUR Hedged Acc	0.02%	Equity World	74
Invesco S&P 500 UCITS ETF Dist	0.03%	Equity United States	9,411
State Street SPDR MSCI All Country World UCITS ETF USD Unhedged (Acc)	0.02%	Equity World	18,395
iShares STOXX World Equity Multifactor UCITS ETF EUR Hedged (Acc)	0.15%	Equity World Multi-Factor Strategy	29
Xtrackers MSCI World Momentum UCITS ETF 1C	0.06%	Equity World Momentum	2,041
BNP Paribas Easy MSCI ACWI UCITS ETF (Acc)	0.02%	Equity World	71
Amundi Core S&P 500 Swap UCITS ETF EUR Dist	0.03%	Equity United States	3,416
iShares MSCI World CTB Enhanced ESG UCITS ETF USD (Dist)	0.01%	Equity World Social/Environmental	692
iShares MSCI World CTB Enhanced ESG UCITS ETF EUR Hedged (Acc)	0.01%	Equity World Social/Environmental	285
Xtrackers MSCI World IMI UCITS ETF 1C	0.02%	Equity World	24
Xtrackers S&P 500 UCITS ETF 4D	0.03%	Equity United States	4
Vanguard ESG Global All Cap UCITS ETF (USD) Accumulating	0.02%	Equity World Social/Environmental	1,152
Vanguard Russell U.S. Mid-Cap UCITS ETF USD Dist	0.13%	Equity United States Mid Cap	3
UBS Core S&P 500 UCITS ETF USD dis	0.03%	Equity United States	1,310
State Street SPDR S&P U.S. Materials Select Sector UCITS ETF USD	1.56%	Equity United States Basic Materials	51
WisdomTree US Quality Dividend Growth UCITS ETF - EUR Hedged Acc	0.15%	Equity United States Fundamental/Quality	10
UBS Core S&P 500 UCITS ETF hCHF acc	0.03%	Equity United States	791
Xtrackers MSCI USA UCITS ETF 2C EUR Hedged	0.03%	Equity United States	695
Amundi Core MSCI USA Swap UCITS ETF EUR Hedged Acc	0.03%	Equity United States	3
UBS Core MSCI World UCITS ETF USD acc	0.02%	Equity World	11,907
UBS S&P 500 Scored & Screened UCITS ETF hCHF acc	0.04%	Equity United States Social/Environmental	391
iShares MSCI USA Mid-Cap Equal Weight UCITS ETF USD (Acc)	0.30%	Equity United States Mid Cap	266
Invesco MSCI USA Universal Screened UCITS ETF Acc	0.03%	Equity United States Social/Environmental	2,733
Invesco RAFI All-World Fundamental Value UCITS ETF	0.03%	Equity World Value	427
iShares S&P 500 Swap UCITS ETF EUR Hedged (Acc)	0.03%	Equity United States	701
iShares MSCI All Country World Swap UCITS ETF USD (Acc)	0.02%	Equity World	105
Invesco Global Buyback Achievers UCITS ETF	0.29%	Equity World Buyback	183
UBS MSCI USA NSL UCITS ETF USD acc	0.03%	Equity United States	3,141
Amundi S&P 500 Swap UCITS ETF USD Dist	0.03%	Equity United States	7
BNP Paribas Easy S&P 500 UCITS ETF USD (Acc)	0.03%	Equity United States	3,829
CT QR Series US Equity Active UCITS ETF USD Acc	0.10%	Equity United States Fundamental/Quality	81
State Street SPDR MSCI World UCITS ETF USD Unhedged (Acc)	0.02%	Equity World	18,879
UBS MSCI ACWI SF UCITS ETF USD Hedged Ukdis	0.02%	Equity World	51
Vanguard FTSE Global All-Cap UCITS ETF USD Dist	0.02%	Equity World	118
Amundi Core S&P 500 Swap UCITS ETF EUR Hedged Acc	0.03%	Equity United States	1,773
BNP Paribas Easy S&P 500 UCITS ETF EUR	0.03%	Equity United States	3,815
Amundi MSCI All Country World Swap UCITS ETF EUR Acc	0.02%	Equity World	2,538
UBS S&P 500 Scored & Screened UCITS ETF USD acc	0.04%	Equity United States Social/Environmental	2,183
UBS Core MSCI USA UCITS ETF EUR Hedged acc	0.03%	Equity United States	576
Xtrackers MSCI World UCITS ETF 2C - EUR Hedged	0.02%	Equity World	444
State Street SPDR MSCI World UCITS ETF GBP Hedged (Dist)	0.02%	Equity World	362
UBS MSCI ACWI SF UCITS ETF CHF Hedged Ukdis	0.02%	Equity World	90
Xtrackers MSCI World Screened UCITS ETF 1D	0.02%	Equity World Social/Environmental	136
First Trust US Momentum UCITS ETF Class A USD ACC	0.12%	Equity United States Momentum	85
iShares S&P 500 Materials Sector UCITS ETF USD (Acc)	1.55%	Equity United States Basic Materials	179
iShares Conservative Portfolio UCITS ETF USD Hedged (Acc)	0.00%	Equity World Social/Environmental Multi-Asset Strategy	0
iShares MSCI World Islamic UCITS ETF	0.06%	Equity World Islamic Investing	1,577
Invesco S&P 500 Scored & Screened UCITS ETF Acc	0.04%	Equity United States Social/Environmental	3,131
UBS Core MSCI USA UCITS ETF USD acc	0.03%	Equity United States	3,075
iShares MSCI World Paris-Aligned Climate UCITS ETF USD (Dist)	0.11%	Equity World Social/Environmental Climate Change	197
iShares MSCI USA CTB Enhanced ESG UCITS ETF USD (Acc)	0.01%	Equity United States Social/Environmental	8,577
HSBC MSCI World UCITS ETF CHF hedged	0.02%	Equity World	92
DZ BANK MSCI World UCITS ETF Acc	0.02%	Equity World	24
iShares MSCI World CHF Hedged UCITS ETF (Acc)	0.02%	Equity World	2,239
Invesco S&P 500 Quality UCITS ETF Acc	0.18%	Equity United States Fundamental/Quality	23
Amundi Core MSCI USA UCITS ETF Dist	0.03%	Equity United States	1,171
BNP Paribas Easy MSCI USA UCITS ETF EUR Acc	0.03%	Equity United States	15
Xtrackers S&P 500 Equal Weight Scored & Screened UCITS ETF 4C - GBP Hedged	0.30%	Equity United States Equal Weighted	27
Amundi Core S&P 500 UCITS ETF Acc	0.03%	Equity United States	26
iShares MSCI USA Swap UCITS ETF GBP Hedged (Dist)	0.03%	Equity United States	7
JPMorgan BetaBuilders US Small Cap Equity UCITS ETF CHF Hedged (acc)	0.26%	Equity United States Small Cap	35
Xtrackers S&P 500 Swap II UCITS ETF 1C	0.03%	Equity United States	5,407
Amundi MSCI World Swap UCITS ETF USD Acc	0.02%	Equity World	81
iShares Russell 1000 Value UCITS ETF USD (Acc)	0.05%	Equity United States Value	1,169
Amundi MSCI World Screened UCITS ETF UCITS ETF EUR Hedged Acc	0.02%	Equity World Social/Environmental	2
Amundi MSCI World Swap II UCITS ETF EUR Hedged Acc	0.02%	Equity World	612
ODDO BHF Global Equity Active UCITS ETF Acc - CGP	0.01%	Equity World Social/Environmental	1
JPMorgan BetaBuilders US Small Cap Equity UCITS ETF USD (acc)	0.26%	Equity United States Small Cap	83
Amundi S&P 500 Screened UCITS ETF Acc EUR Hedged	0.04%	Equity United States Social/Environmental	1,380
iShares MSCI World UCITS ETF (Dist)	0.02%	Equity World	8,565
VanEck Morningstar US SMID Moat UCITS ETF A	0.73%	Equity United States Small Cap Moat	12
iShares STOXX USA Equity Multifactor UCITS ETF USD (Acc)	0.36%	Equity United States Multi-Factor Strategy	49
iShares Agribusiness UCITS ETF	5.65%	Equity World Agribusiness	518
WisdomTree Global Value UCITS ETF USD (Acc)	0.32%	Equity World Value	3
iShares S&P 500 GBP Hedged UCITS ETF (Acc)	0.03%	Equity United States	1,437
iShares S&P 500 EUR Hedged UCITS ETF (Acc)	0.03%	Equity United States	9,206
Invesco MSCI USA UCITS ETF Dist	0.03%	Equity United States	1,390
UBS MSCI USA SF UCITS ETF USD acc	0.03%	Equity United States	495
iShares MSCI North America Swap UCITS ETF USD (Acc)	0.02%	Equity North America	4
Invesco MSCI World UCITS ETF Dist	0.02%	Equity World	-
UBS MSCI ACWI SF UCITS ETF GBP Hedged Ukdis	0.02%	Equity World	524
iShares MSCI USA Swap UCITS ETF EUR Hedged (Dist)	0.03%	Equity United States	1
Xtrackers MSCI USA UCITS ETF 1D	0.03%	Equity United States	305
iShares MSCI North America UCITS ETF	0.02%	Equity North America	1,411
BNP Paribas Easy S&P 500 II UCITS ETF USD (Dist)	0.03%	Equity United States	148
Invesco Global Enhanced Equity UCITS ETF Acc	0.16%	Equity World Multi-Factor Strategy	1,390
Invesco S&P 500 UCITS ETF Acc	0.03%	Equity United States	38,263
Xtrackers MSCI AC World Screened UCITS ETF 5C - USD Hedged	0.02%	Equity World Social/Environmental	1
Ossiam Shiller Barclays CAPE® US Sector Screened UCITS ETF 1A/A (EUR)	0.70%	Equity United States Sector Strategy Value	26
Xtrackers S&P 500 Scored & Screened UCITS ETF 1C	0.04%	Equity United States Social/Environmental	125
UBS Core MSCI World UCITS ETF hGBP acc	0.02%	Equity World	290
First Trust SMID Rising Dividend Achievers UCITS ETF Class A USD ACC	0.20%	Equity United States Dividend	346
CT QR Series US Equity Active UCITS ETF USD Dist	0.10%	Equity United States Fundamental/Quality	1
UBS S&P 500 Scored & Screened UCITS ETF USD dis	0.04%	Equity United States Social/Environmental	446
iShares MSCI All Country World UCITS ETF USD (Acc)	0.02%	Equity World	32,064
Fineco AM Amundi MSCI World UCITS ETF Acc	0.02%	Equity World	1
Franklin Global Quality Dividend UCITS ETF (Acc)	0.78%	Equity World Dividend	8
BNP Paribas Easy Alpha Enhanced US UCITS ETF EUR Acc	0.38%	Equity United States Multi-Factor Strategy	20
Invesco Dow Jones Islamic Global Developed Markets UCITS ETF Acc	0.03%	Equity World Islamic Investing	1,046
State Street SPDR MSCI World Materials UCITS ETF USD	0.61%	Equity World Basic Materials	202
WisdomTree US Quality Dividend Growth UCITS ETF USD Acc	0.15%	Equity United States Fundamental/Quality	638
iShares Edge MSCI USA Value Factor UCITS ETF	0.13%	Equity United States Value	3,214
Amundi MSCI All Country World Swap UCITS ETF USD Acc	0.02%	Equity World	131
BNP Paribas Easy S&P 500 Scored and Screened UCITS ETF Acc	0.04%	Equity United States Social/Environmental	223
Ossiam Shiller Barclays CAPE® US Sector Screened UCITS ETF 1A/A (USD)	0.70%	Equity United States Sector Strategy Value	24
Invesco Global Enhanced Equity UCITS ETF EUR PfHdg Acc	0.16%	Equity World Multi-Factor Strategy	10
iShares MSCI World GBP Hedged UCITS ETF (Acc)	0.02%	Equity World	551
iShares S&P 500 Scored and Screened UCITS ETF USD (Acc)	0.04%	Equity United States Social/Environmental	466
UBS MSCI ACWI SF UCITS ETF hEUR Ukdis	0.02%	Equity World	43
iShares Conservative Portfolio UCITS ETF GBP Hedged (Acc)	0.00%	Equity World Social/Environmental Multi-Asset Strategy	3
Amundi Core S&P 500 Swap UCITS ETF Acc	0.03%	Equity United States	17,405
Amundi PEA S&P 500 Screened UCITS ETF S Acc	0.04%	Equity United States Social/Environmental	5
UBS Core S&P 500 UCITS ETF USD acc	0.03%	Equity United States	2,292
iShares STOXX World Equity Multifactor UCITS ETF USD (Acc)	0.15%	Equity World Multi-Factor Strategy	833
Xtrackers US Equity Enhanced Active UCITS ETF 1C	0.13%	Equity United States Social/Environmental	653
iShares Edge MSCI USA Momentum Factor UCITS ETF	0.08%	Equity United States Momentum	568
HSBC Multi Factor Worldwide Equity UCITS ETF USD (Acc)	0.01%	Equity World Multi-Factor Strategy	21
Xtrackers MSCI USA UCITS ETF 3C CHF Hedged	0.03%	Equity United States	401
Amundi S&P 500 Swap UCITS ETF EUR Acc	0.03%	Equity United States	3,078
Invesco US Enhanced Equity UCITS ETF Acc	0.21%	Equity United States Multi-Factor Strategy	249
Amundi MSCI World Swap UCITS ETF EUR Acc	0.02%	Equity World	6,961
Xtrackers MSCI USA Swap II UCITS ETF 1D	0.03%	Equity United States	0
Xtrackers S&P 500 UCITS ETF 2C - GBP Hedged	0.03%	Equity United States	732
UBS MSCI USA UCITS ETF USD dis	0.03%	Equity United States	499
DZ BANK S&P 500 UCITS ETF Acc	0.03%	Equity United States	7
HSBC S&P 500 UCITS ETF CHF Hedged (Acc)	0.03%	Equity United States	12

Performance

Returns overview

YTD	+67.32%
1 month	+8.60%
3 months	+1.26%
6 months	+4.31%
1 year	+54.30%
3 years	+44.30%
5 years	+124.49%
Since inception (MAX)	+251.53%
2025	-18.39%
2024	+12.08%
2023	-9.52%
2022	+21.76%

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).