Essential Utilities

ISIN US29670G1022

WKN A2PZEK

Market cap (in EUR)

9,278 m

Country

United States

Sector

Utilities

Dividend yield

3.46%

Overview

Quote

Description

Essential Utilities, Inc. is a holding company, which engages in providing water, wastewater, and natural gas services through its subsidiaries. It operates through the Regulated Water and Regulated Natural Gas segments. The Regulated Water segment includes water and wastewater regulated utility companies. The Regulated Natural Gas segment refers to natural gas utility companies, which provide natural gas distribution services. The company was founded in 1968 and is headquartered in Bryn Mawr, PA.

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Utilities Water Utilities United States

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Financials

Key metrics

Market capitalisation, EUR	9,278 m
EPS, EUR	2.18
P/B ratio	1.6
P/E ratio	16.0
Dividend yield	3.46%

Income statement (2024)

Revenue, EUR	1,929 m
Net income, EUR	550 m
Profit margin	28.54%

What ETF is Essential Utilities in?

There are 188 ETFs which contain Essential Utilities. All of these ETFs are listed in the table below. The ETF with the largest weighting of Essential Utilities is the iShares Global Water UCITS ETF USD (Acc).

ETF	Weight	Investment focus	Fund size (in m EUR)
UBS MSCI USA Select Factor Mix UCITS ETF hEUR acc	0.09%	Equity United States Multi-Factor Strategy	8
iShares MSCI World Sector & Country Neutral Equal Weight UCITS ETF USD (Acc)	0.05%	Equity World Equal Weighted	9
UBS Core MSCI World UCITS ETF USD acc	0.01%	Equity World	5,273
JPMorgan Global Research Enhanced Index Equity SRI Paris Aligned UCITS ETF USD (dist)	0.03%	Equity World Social/Environmental Climate Change	43
UBS Core MSCI World UCITS ETF hCHF acc	0.01%	Equity World	686
Xtrackers MSCI USA Screened UCITS ETF 1C	0.02%	Equity United States Social/Environmental	210
UBS Factor MSCI USA Low Volatility UCITS ETF USD dis	0.55%	Equity United States Low Volatility/Risk Weighted	35
iShares MSCI USA Mid-Cap Equal Weight UCITS ETF USD (Acc)	0.31%	Equity United States Mid Cap	260
Xtrackers Portfolio UCITS ETF 1C	0.00%	Equity World Multi-Asset Strategy	664
Invesco MSCI World Equal Weight UCITS ETF Acc	0.07%	Equity World Equal Weighted	722
JPMorgan Global Research Enhanced Index Equity SRI Paris Aligned UCITS ETF USD (acc)	0.03%	Equity World Social/Environmental Climate Change	204
iShares Moderate Portfolio UCITS ETF EUR (Acc)	0.00%	Equity World Social/Environmental Multi-Asset Strategy	35
iShares Core MSCI World UCITS ETF USD (Dist)	0.01%	Equity World	494
iShares Global Water UCITS ETF	4.27%	Equity World Water	1,959
SPDR S&P U.S. Dividend Aristocrats UCITS ETF EUR Hedged (Dist)	0.52%	Equity United States Dividend	42
Invesco MSCI USA Universal Screened UCITS ETF Acc	0.03%	Equity United States Social/Environmental	2,813
Xtrackers MSCI World Utilities UCITS ETF 1C	0.52%	Equity World Utilities	487
Invesco FTSE RAFI All World 3000 UCITS ETF	0.05%	Equity World Fundamental/Quality	136
SPDR S&P US Dividend Aristocrats UCITS ETF	0.52%	Equity United States Dividend	2,822
iShares MSCI USA ESG Enhanced CTB UCITS ETF USD (Dist)	0.06%	Equity United States Social/Environmental	13,319
iShares Moderate Portfolio UCITS ETF GBP Hedged (Acc)	0.00%	Equity World Social/Environmental Multi-Asset Strategy	15
Amundi MSCI USA ESG Leaders Extra UCITS ETF Acc EUR Hedged	0.04%	Equity United States Social/Environmental	29
UBS ETF (IE) MSCI USA UCITS ETF (USD) A-UKdis	0.02%	Equity United States	48
UBS MSCI USA NSL UCITS ETF USD acc	0.02%	Equity United States	2,771
UBS Factor MSCI USA Low Volatility UCITS ETF hEUR acc	0.55%	Equity United States Low Volatility/Risk Weighted	4
WisdomTree US Equity Income UCITS ETF EUR Hedged Acc	0.27%	Equity United States Dividend	1
HSBC MSCI USA Quality UCITS ETF USD	0.14%	Equity United States Fundamental/Quality	321
BNP Paribas Easy MSCI World UCITS ETF USD Acc	0.01%	Equity World	26
UBS Core MSCI World UCITS ETF USD dis	0.01%	Equity World	1,278
iShares MSCI World Utilities Sector Advanced UCITS ETF USD (Acc)	0.76%	Equity World Utilities Social/Environmental	7
UBS MSCI World UCITS ETF USD dis	0.01%	Equity World	1,335
JPMorgan Global Research Enhanced Index Equity SRI Paris Aligned UCITS ETF EUR Hedged (acc)	0.03%	Equity World Social/Environmental Climate Change	3
BNP Paribas Easy MSCI World Equal Weight Select UCITS ETF USD Acc	0.09%	Equity World Equal Weighted	22
iShares MSCI USA ESG Enhanced CTB UCITS ETF EUR Hedged (Acc)	0.06%	Equity United States Social/Environmental	1,652
BNP Paribas Easy MSCI World Min TE UCITS ETF EUR Acc	0.02%	Equity World Social/Environmental	383
iShares MSCI ACWI UCITS ETF USD (Dist)	0.01%	Equity World	0
SPDR MSCI All Country World Investable Market UCITS ETF (Acc)	0.00%	Equity World	3,910
iShares Edge MSCI USA Quality Factor UCITS ETF	0.14%	Equity United States Fundamental/Quality	1,369
Xtrackers MSCI AC World Screened UCITS ETF 2C - EUR Hedged	0.01%	Equity World Social/Environmental	67
UBS MSCI USA Value UCITS ETF USD dis	0.04%	Equity United States Value	429
Amundi Core MSCI USA UCITS ETF Acc	0.02%	Equity United States	2,645
UBS MSCI ACWI Socially Responsible UCITS ETF hCHF dis	0.05%	Equity World Social/Environmental Climate Change	28
UBS MSCI USA Selection UCITS ETF USD acc	0.04%	Equity United States Social/Environmental	2,234
Amundi MSCI World Catholic Principles UCITS ETF Acc	0.05%	Equity World Social/Environmental Catholic principles	78
iShares MSCI USA Screened UCITS ETF USD (Dist)	0.02%	Equity United States Social/Environmental	1,346
Vanguard ESG Global All Cap UCITS ETF (USD) Distributing	0.01%	Equity World Social/Environmental	485
Amundi MSCI World ESG Selection UCITS ETF EUR Hedged Acc	0.03%	Equity World Social/Environmental	168
SPDR MSCI World UCITS ETF	0.02%	Equity World	13,474
Amundi MSCI USA ESG Leaders Extra UCITS ETF DR USD (A)	0.04%	Equity United States Social/Environmental	275
SPDR MSCI All Country World Investable Market UCITS ETF (Dist)	0.00%	Equity World	70
iShares Global Infrastructure UCITS ETF USD (Dist)	0.37%	Equity World Infrastructure	1,473
UBS MSCI USA Socially Responsible UCITS ETF USD dis	0.08%	Equity United States Social/Environmental Climate Change	714
WisdomTree US Equity Income UCITS ETF	0.27%	Equity United States Dividend	51
Invesco FTSE RAFI US 1000 UCITS ETF	0.03%	Equity United States Fundamental/Quality	566
UBS MSCI USA Socially Responsible UCITS ETF hEUR dis	0.08%	Equity United States Social/Environmental Climate Change	318
UBS MSCI ACWI Socially Responsible UCITS ETF USD acc	0.05%	Equity World Social/Environmental Climate Change	569
Invesco MSCI USA Universal Screened UCITS ETF Dist	0.03%	Equity United States Social/Environmental	36
iShares Global Infrastructure UCITS ETF GBP Hedged (Acc)	0.37%	Equity World Infrastructure	41
Amundi MSCI World ESG Selection UCITS ETF Acc	0.03%	Equity World Social/Environmental	1,727
UBS MSCI ACWI Universal UCITS ETF hEUR acc	0.02%	Equity World Social/Environmental	663
Franklin Future Of Food UCITS ETF	1.30%	Equity World Social/Environmental Future of Food	4
UBS S&P USA Dividend Aristocrats ESG Elite UCITS ETF USD dis	2.57%	Equity United States Dividend	9
UBS MSCI USA ex Mega Cap UCITS ETF USD acc	0.03%	Equity United States	2
SPDR MSCI All Country World UCITS ETF USD Hedged (Acc)	0.01%	Equity World	64
Xtrackers MSCI World UCITS ETF 2C - EUR Hedged	0.05%	Equity World	314
UBS Core MSCI USA UCITS ETF EUR Hedged acc	0.02%	Equity United States	475
Xtrackers MSCI World UCITS ETF 1D	0.05%	Equity World	4,449
BNP Paribas Easy MSCI World UCITS ETF EUR Acc	0.01%	Equity World	33
Xtrackers MSCI AC World Screened UCITS ETF 1C	0.01%	Equity World Social/Environmental	4,892
UBS MSCI ACWI Socially Responsible UCITS ETF USD dis	0.05%	Equity World Social/Environmental Climate Change	30
Amundi MSCI USA ESG Leaders Extra UCITS ETF DR - USD (D)	0.04%	Equity United States Social/Environmental	189
UBS MSCI World Selection UCITS ETF hEUR acc	0.03%	Equity World Social/Environmental	45
iShares Conservative Portfolio UCITS ETF USD Hedged (Acc)	0.00%	Equity World Social/Environmental Multi-Asset Strategy	0
Amundi MSCI World SRI Climate Paris Aligned UCITS ETF Dist	0.07%	Equity World Social/Environmental	48
UBS Core MSCI USA UCITS ETF USD acc	0.02%	Equity United States	2,050
iShares MSCI World Screened UCITS ETF USD (Dist)	0.01%	Equity World Social/Environmental	942
UBS MSCI USA Socially Responsible UCITS ETF hCHF acc	0.08%	Equity United States Social/Environmental Climate Change	12
iShares MSCI USA ESG Enhanced CTB UCITS ETF USD (Acc)	0.06%	Equity United States Social/Environmental	7,040
UBS MSCI ACWI Universal UCITS ETF USD dis	0.02%	Equity World Social/Environmental	1,863
Amundi MSCI USA ESG Broad Transition UCITS ETF Dist	0.11%	Equity United States Social/Environmental Climate Change	2,427
HSBC MSCI World UCITS ETF CHF hedged	0.01%	Equity World	50
HSBC MSCI World UCITS ETF EUR Hedged (Acc)	0.01%	Equity World	700
WisdomTree US Equity Income UCITS ETF Acc	0.27%	Equity United States Dividend	80
iShares MSCI World Mid-Cap Equal Weight UCITS ETF USD (Acc)	0.12%	Equity World Mid Cap	324
UBS MSCI USA Select Factor Mix UCITS ETF USD acc	0.09%	Equity United States Multi-Factor Strategy	93
iShares MSCI World CHF Hedged UCITS ETF (Acc)	0.01%	Equity World	1,656
iShares MSCI World Screened UCITS ETF USD (Acc)	0.01%	Equity World Social/Environmental	4,475
iShares Global Water UCITS ETF USD (Acc)	4.27%	Equity World Water	46
Amundi MSCI USA Ex Mega Cap UCITS ETF Acc	0.05%	Equity United States	34
UBS MSCI ACWI Universal UCITS ETF hGBP acc	0.02%	Equity World Social/Environmental	285
UBS MSCI ACWI Socially Responsible UCITS ETF hEUR acc	0.05%	Equity World Social/Environmental Climate Change	649
UBS MSCI World Socially Responsible UCITS ETF USD acc	0.06%	Equity World Social/Environmental Climate Change	1,168
Amundi Core MSCI USA UCITS ETF Dist	0.02%	Equity United States	772
UBS MSCI USA Socially Responsible UCITS ETF USD dis	0.08%	Equity United States Social/Environmental Climate Change	379
UBS MSCI ACWI Universal UCITS ETF hJPY acc	0.02%	Equity World Social/Environmental	106
BNP Paribas Easy MSCI World Equal Weight Select UCITS ETF EUR Acc	0.09%	Equity World Equal Weighted	29
WisdomTree US Equity Income UCITS ETF GBP Hedged Acc	0.27%	Equity United States Dividend	1
SPDR S&P 400 U.S. Mid Cap UCITS ETF USD Unhedged (Dist)	0.35%	Equity United States Mid Cap	16
SPDR S&P 400 U.S. Mid Cap UCITS ETF EUR Hedged (Dist)	0.35%	Equity United States Mid Cap	7
UBS MSCI World Selection UCITS ETF USD acc	0.03%	Equity World Social/Environmental	659
JPMorgan Global Research Enhanced Index Equity SRI Paris Aligned UCITS ETF CHF Hedged (acc)	0.03%	Equity World Social/Environmental Climate Change	1
Xtrackers MSCI USA Screened UCITS ETF 2C - EUR Hedged	0.02%	Equity United States Social/Environmental	15
UBS MSCI ACWI Socially Responsible UCITS ETF hGBP dis	0.05%	Equity World Social/Environmental Climate Change	338
JPMorgan BetaBuilders US Small Cap Equity UCITS ETF USD (acc)	0.16%	Equity United States Small Cap	53
iShares MSCI World UCITS ETF (Dist)	0.01%	Equity World	7,347
iShares STOXX USA Equity Multifactor UCITS ETF USD (Dist)	0.02%	Equity United States Multi-Factor Strategy	1
VanEck Morningstar US SMID Moat UCITS ETF A	1.38%	Equity United States Small Cap Moat	11
iShares STOXX USA Equity Multifactor UCITS ETF USD (Acc)	0.02%	Equity United States Multi-Factor Strategy	67
iShares Core MSCI World UCITS ETF EUR Hedged (Dist)	0.01%	Equity World	1,517
UBS MSCI USA Socially Responsible UCITS ETF USD acc	0.08%	Equity United States Social/Environmental Climate Change	471
iShares Growth Portfolio UCITS ETF GBP Hedged (Acc)	0.01%	Equity World Social/Environmental Multi-Asset Strategy	21
iShares Edge MSCI USA Quality Factor UCITS ETF USD (Dist)	0.14%	Equity United States Fundamental/Quality	137
UBS MSCI USA Select Factor Mix UCITS ETF USD dis	0.09%	Equity United States Multi-Factor Strategy	29
HSBC MSCI World UCITS ETF USD (Acc)	0.01%	Equity World	1,424
iShares Global Infrastructure UCITS ETF USD (Acc)	0.37%	Equity World Infrastructure	71
Xtrackers MSCI USA UCITS ETF 1D	0.02%	Equity United States	248
HSBC MSCI World UCITS ETF USD	0.01%	Equity World	12,497
L&G Gerd Kommer Multifactor Equity UCITS ETF USD Distributing	0.01%	Equity World Multi-Factor Strategy	143
Amundi MSCI World SRI Climate Paris Aligned UCITS ETF Acc EUR Hedged	0.07%	Equity World Social/Environmental	282
UBS MSCI World Socially Responsible UCITS ETF USD dis	0.05%	Equity World Social/Environmental Climate Change	3,956
iShares MSCI World ESG Enhanced CTB UCITS ETF USD (Acc)	0.02%	Equity World Social/Environmental	4,420
iShares MSCI North America UCITS ETF	0.02%	Equity North America	1,089
Xtrackers MSCI World UCITS ETF 3C - CHF Hedged	0.05%	Equity World	37
BNP Paribas Easy ESG Enhanced World UCITS ETF EUR Capitalisation	0.02%	Equity World Social/Environmental	379
Invesco MSCI World Universal Screened UCITS ETF Acc	0.02%	Equity World Social/Environmental	203
UBS MSCI ACWI Universal UCITS ETF hCHF dis	0.02%	Equity World Social/Environmental	48
Xtrackers MSCI AC World Screened UCITS ETF 5C - USD Hedged	0.01%	Equity World Social/Environmental	1
UBS MSCI ACWI Universal UCITS ETF hCHF acc	0.02%	Equity World Social/Environmental	1,373
iShares MSCI ACWI UCITS ETF USD (Acc)	0.01%	Equity World	21,232
UBS MSCI World Socially Responsible UCITS ETF USD dis	0.06%	Equity World Social/Environmental Climate Change	307
Xtrackers MSCI USA UCITS ETF 1C	0.02%	Equity United States	9,289
UBS MSCI ACWI Socially Responsible UCITS ETF hUSD acc	0.05%	Equity World Social/Environmental Climate Change	147
UBS Core MSCI USA UCITS ETF EUR Hedged dis	0.02%	Equity United States	327
UBS MSCI USA Select Factor Mix UCITS ETF hCHF acc	0.09%	Equity United States Multi-Factor Strategy	26
SPDR MSCI All Country World UCITS ETF EUR Hedged (Acc)	0.01%	Equity World	949
UBS MSCI World Socially Responsible UCITS ETF USD acc	0.05%	Equity World Social/Environmental Climate Change	1,565
UBS MSCI World Selection UCITS ETF hCHF acc	0.03%	Equity World Social/Environmental	220
iShares Conservative Portfolio UCITS ETF EUR (Acc)	0.00%	Equity World Social/Environmental Multi-Asset Strategy	12
iShares Core MSCI World UCITS ETF GBP Hedged (Dist)	0.01%	Equity World	959
BNP Paribas Easy MSCI World Min TE UCITS ETF USD Acc	0.02%	Equity World Social/Environmental	114
UBS Core MSCI USA UCITS ETF CHF Hedged acc	0.02%	Equity United States	469
L&G Gerd Kommer Multifactor Equity UCITS ETF USD Accumulating	0.01%	Equity World Multi-Factor Strategy	771
Vanguard ESG North America All Cap UCITS ETF (USD) Distributing	0.02%	Equity North America Social/Environmental	27
Amundi Core MSCI World UCITS ETF Acc	0.01%	Equity World	11,849
iShares MSCI World EUR Hedged UCITS ETF (Acc)	0.01%	Equity World	4,800
Amundi MSCI USA ESG Selection UCITS ETF Acc	0.04%	Equity United States Social/Environmental	464
iShares MSCI USA Screened UCITS ETF USD (Acc)	0.02%	Equity United States Social/Environmental	13,880
UBS Core MSCI USA UCITS ETF hGBP acc	0.02%	Equity United States	41
iShares Moderate Portfolio UCITS ETF USD Hedged (Acc)	0.00%	Equity World Social/Environmental Multi-Asset Strategy	5
Amundi MSCI USA ESG Broad Transition UCITS ETF Acc	0.11%	Equity United States Social/Environmental Climate Change	2,996
iShares Core MSCI World UCITS ETF USD (Acc)	0.01%	Equity World	108,458
Xtrackers MSCI World UCITS ETF 1C	0.05%	Equity World	16,159
Xtrackers MSCI North America High Dividend Yield UCITS ETF 1C	0.09%	Equity North America Dividend	109
iShares Growth Portfolio UCITS ETF EUR (Acc)	0.01%	Equity World Social/Environmental Multi-Asset Strategy	71
iShares Conservative Portfolio UCITS ETF GBP Hedged (Acc)	0.00%	Equity World Social/Environmental Multi-Asset Strategy	2
Vanguard ESG North America All Cap UCITS ETF (USD) Accumulating	0.02%	Equity North America Social/Environmental	305
Amundi MSCI World ESG Broad Transition UCITS ETF Acc	0.00%	Equity World Social/Environmental Climate Change	1,207
Amundi MSCI World SRI Climate Paris Aligned UCITS ETF Acc	0.07%	Equity World Social/Environmental	3,039
Franklin MSCI World Catholic Principles UCITS ETF USD Capitalisation	0.05%	Equity World Social/Environmental Catholic principles	142
UBS Core MSCI USA UCITS ETF USD dis	0.02%	Equity United States	1,177
Xtrackers Global Infrastructure ESG UCITS ETF 1C 1C	0.67%	Equity World Infrastructure Social/Environmental	7
iShares MSCI USA ESG Enhanced CTB UCITS ETF GBP Hedged (Dist)	0.06%	Equity United States Social/Environmental	519
UBS MSCI USA Universal UCITS ETF USD acc	0.03%	Equity United States Social/Environmental Climate Change	3
UBS MSCI ACWI Universal UCITS ETF hUSD acc	0.02%	Equity World Social/Environmental	1,192
iShares MSCI World Screened UCITS ETF GBP Hedged (Dist)	0.01%	Equity World Social/Environmental	81
BNP Paribas Easy ESG Enhanced World UCITS ETF USD Acc	0.02%	Equity World Social/Environmental	9
SPDR S&P 400 U.S. Mid Cap Leaders UCITS ETF USD Unhedged (Acc)	0.69%	Equity United States Mid Cap	4
UBS MSCI ACWI Socially Responsible UCITS ETF hCHF acc	0.05%	Equity World Social/Environmental Climate Change	450
Invesco MSCI USA Universal Screened UCITS ETF GBP Hedged Acc	0.03%	Equity United States Social/Environmental	4
iShares MSCI USA Screened UCITS ETF EUR Hedged (Acc)	0.02%	Equity United States Social/Environmental	930
SPDR MSCI All Country World UCITS ETF (Acc)	0.01%	Equity World	7,030
iShares Growth Portfolio UCITS ETF USD Hedged (Acc)	0.01%	Equity World Social/Environmental Multi-Asset Strategy	1
iShares MSCI USA Climate Transition Aware UCITS ETF USD (Acc)	0.03%	Equity United States Social/Environmental Climate Change	5
BNP Paribas Easy MSCI USA Min TE UCITS ETF	0.05%	Equity United States Social/Environmental	1,316
Xtrackers MSCI USA UCITS ETF 3C CHF Hedged	0.02%	Equity United States	264
iShares MSCI USA UCITS ETF (Acc)	0.02%	Equity United States	2,735
UBS MSCI World Socially Responsible UCITS ETF hCHF acc	0.06%	Equity World Social/Environmental Climate Change	242
iShares MSCI USA Climate Transition Aware UCITS ETF USD (Dist)	0.03%	Equity United States Social/Environmental Climate Change	1
UBS MSCI World ex Mega Cap UCITS ETF USD acc	0.02%	Equity World	5
iShares MSCI World ESG Enhanced CTB UCITS ETF EUR Hedged (Acc)	0.02%	Equity World Social/Environmental	181
iShares MSCI World ESG Enhanced CTB UCITS ETF USD (Dist)	0.02%	Equity World Social/Environmental	953
UBS MSCI USA Socially Responsible UCITS ETF hCHF acc	0.08%	Equity United States Social/Environmental Climate Change	31
SPDR MSCI World Utilities UCITS ETF USD	0.50%	Equity World Utilities	46
SPDR S&P 400 U.S. Mid Cap UCITS ETF USD Unhedged (Acc)	0.35%	Equity United States Mid Cap	3,768
Vanguard ESG Global All Cap UCITS ETF (USD) Accumulating	0.01%	Equity World Social/Environmental	717
Xtrackers MSCI World Screened UCITS ETF 1C	0.01%	Equity World Social/Environmental	62
Xtrackers MSCI USA UCITS ETF 2C EUR Hedged	0.02%	Equity United States	527
UBS MSCI USA UCITS ETF USD dis	0.01%	Equity United States	449

Performance

Returns overview

YTD	-7.52%
1 month	-6.60%
3 months	+1.95%
6 months	-2.04%
1 year	-7.15%
3 years	-31.45%
5 years	-25.34%
Since inception (MAX)	-23.45%
2024	+3.22%
2023	-29.40%
2022	-7.61%
2021	+19.06%

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).