Entain

ISIN IM00B5VQMV65

WKN A1CWWN

Market cap (in EUR)

4,568 m

Country

United Kingdom

Sector

Consumer Services

Dividend yield

3.09%

Overview

Quote

Description

Entain Plc engages in the provision of online sports betting and gaming. It operates through the following business segments: Online, UK Retail, European Retail, Corporate, and Other. The Other segment comprises betting and gaming activities from online and mobile operations, Sports Brands include bwin, Coral, Crystalbet, Eurobet, Ladbrokes and Sportingbet; Gaming Brands include Casino Club, Foxy Bingo, Gala, Gioco Digitale, partypoker and PartyCasino. The UK Retail segment comprises betting activities in the shop estate in Great Britain, Northern Ireland and Jersey. The European Retail segment comprises all retail activities connected with the Republic of Ireland, Belgium, Italy and Spain (JV) shop estates. The Corporate segment includes costs associated with Group functions including Group executive, legal, Group finance, tax and treasury. The Other segment includes activities primarily related to telephone betting, Stadia, Betdaq, on course pitches and Intertrader. The company was founded on November 30, 2004 and is headquartered in Douglas, the United Kingdom.

Show more Show less

Consumer Services Hospitality Services United Kingdom

Chart

Financials

Key metrics

Market capitalisation, EUR	4,568 m
EPS, EUR	-
P/B ratio	2.7
P/E ratio	333.6
Dividend yield	3.09%

Income statement (2024)

Revenue, EUR	6,013 m
Net income, EUR	-535 m
Profit margin	-8.90%

What ETF is Entain in?

There are 192 ETFs which contain Entain. All of these ETFs are listed in the table below. The ETF with the largest weighting of Entain is the iShares STOXX Europe 600 Travel & Leisure UCITS ETF (DE).

ETF	Weight	Investment focus	Fund size (in m EUR)
iShares MSCI World Sector & Country Neutral Equal Weight UCITS ETF USD (Acc)	0.02%	Equity World Equal Weighted	9
UBS Core MSCI World UCITS ETF USD acc	0.01%	Equity World	6,209
UBS Core MSCI World UCITS ETF hCHF acc	0.01%	Equity World	759
Xtrackers Portfolio UCITS ETF 1C	0.01%	Equity World Multi-Asset Strategy	681
iShares Core FTSE 100 UCITS ETF USD Hedged (Acc)	0.20%	Equity United Kingdom	164
iShares Core MSCI Europe UCITS ETF EUR (Acc)	0.05%	Equity Europe	14,549
Invesco MSCI World Equal Weight UCITS ETF Acc	0.07%	Equity World Equal Weighted	921
iShares Moderate Portfolio UCITS ETF EUR (Acc)	0.01%	Equity World Social/Environmental Multi-Asset Strategy	36
iShares Core MSCI World UCITS ETF USD (Dist)	0.01%	Equity World	481
UBS Core MSCI Europe UCITS ETF EUR dis	0.04%	Equity Europe	911
Xtrackers FTSE 100 UCITS ETF 1C	0.19%	Equity United Kingdom	95
Xtrackers MSCI World ex USA UCITS ETF 1C	0.03%	Equity World	4,304
iShares Moderate Portfolio UCITS ETF GBP Hedged (Acc)	0.01%	Equity World Social/Environmental Multi-Asset Strategy	16
JPMorgan UK Equity Core UCITS ETF GBP (acc)	0.08%	Equity United Kingdom	416
UBS MSCI United Kingdom UCITS ETF hUSD acc	0.21%	Equity United Kingdom	630
Jupiter Origin Global Smaller Companies Active UCITS ETF (Acc)	0.52%	Equity World Small Cap	1
iShares MSCI UK UCITS ETF (Acc)	0.21%	Equity United Kingdom	124
iShares MSCI Europe Mid Cap UCITS ETF EUR (Acc)	0.28%	Equity Europe Mid Cap	522
Amundi MSCI Europe Climate Paris Aligned UCITS ETF Acc	0.05%	Equity Europe Social/Environmental Climate Change	115
Xtrackers STOXX Europe 600 UCITS ETF 1C	0.04%	Equity Europe	3,482
UBS Core MSCI World UCITS ETF USD dis	0.01%	Equity World	1,334
UBS MSCI World UCITS ETF USD dis	0.01%	Equity World	1,343
UBS MSCI World ex USA UCITS ETF USD acc	0.03%	Equity World	54
Vanguard FTSE Developed World UCITS ETF Acc	0.01%	Equity World	4,896
UBS MSCI United Kingdom UCITS ETF hEUR acc	0.21%	Equity United Kingdom	432
BNP Paribas Easy MSCI World Equal Weight Select UCITS ETF USD Acc	0.10%	Equity World Equal Weighted	22
Vanguard LifeStrategy 40% Equity UCITS ETF Distributing	0.00%	Equity World Multi-Asset Strategy	35
BNP Paribas Easy MSCI World Min TE UCITS ETF EUR Acc	0.02%	Equity World Social/Environmental	400
iShares MSCI ACWI UCITS ETF USD (Dist)	0.01%	Equity World	2
SPDR MSCI All Country World Investable Market UCITS ETF (Acc)	0.00%	Equity World	4,194
Xtrackers MSCI AC World Screened UCITS ETF 2C - EUR Hedged	0.01%	Equity World Social/Environmental	67
UBS MSCI United Kingdom UCITS ETF GBP acc	0.21%	Equity United Kingdom	2,521
SPDR MSCI World UCITS ETF	0.01%	Equity World	13,871
Invesco MSCI Europe Equal Weight UCITS ETF Dist	0.30%	Equity Europe Equal Weighted	163
Vanguard FTSE 100 UCITS ETF (GBP) Distributing	0.19%	Equity United Kingdom	4,799
SPDR MSCI All Country World Investable Market UCITS ETF (Dist)	0.00%	Equity World	77
Vanguard FTSE 100 UCITS ETF (GBP) Accumulating	0.19%	Equity United Kingdom	2,657
Amundi MSCI Europe Screened UCITS ETF (Acc)	0.06%	Equity Europe Social/Environmental	389
UBS MSCI United Kingdom UCITS ETF hCHF acc	0.21%	Equity United Kingdom	229
Scalable MSCI AC World Xtrackers UCITS ETF 1C	0.00%	Equity World	403
Vanguard FTSE Developed World UCITS ETF Distributing	0.01%	Equity World	3,537
Amundi MSCI Europe ESG Broad Transition UCITS ETF EUR Hedged Acc	0.06%	Equity Europe Social/Environmental Climate Change	60
Xtrackers MSCI World Consumer Discretionary UCITS ETF 1C	0.08%	Equity World Consumer Discretionary	207
Invesco MSCI Europe Equal Weight UCITS ETF Acc	0.30%	Equity Europe Equal Weighted	355
iShares MSCI World Consumer Discretionary Sector Advanced UCITS ETF USD (Dist)	0.36%	Equity World Consumer Discretionary	53
Amundi Core Stoxx Europe 600 UCITS ETF Acc	0.05%	Equity Europe	16,077
Amundi STOXX Europe 600 ESG UCITS ETF DR EUR (C)	0.06%	Equity Europe Social/Environmental	1,399
Amundi MSCI Europe UCITS ETF Acc	0.04%	Equity Europe	611
Xtrackers Stoxx Europe 600 UCITS ETF 2C - EUR Hedged	0.04%	Equity Europe	11
UBS MSCI ACWI Universal UCITS ETF hEUR acc	0.01%	Equity World Social/Environmental	804
Vanguard LifeStrategy 20% Equity UCITS ETF Distributing	0.00%	Equity World Multi-Asset Strategy	14
Xtrackers MSCI World ex USA UCITS ETF 1D	0.03%	Equity World	196
SPDR MSCI All Country World UCITS ETF USD Hedged (Acc)	0.00%	Equity World	65
UBS MSCI United Kingdom UCITS ETF GBP dis	0.21%	Equity United Kingdom	60
Xtrackers MSCI World UCITS ETF 2C - EUR Hedged	0.01%	Equity World	357
iShares Core FTSE 100 UCITS ETF GBP (Acc)	0.20%	Equity United Kingdom	3,229
Xtrackers MSCI Europe Screened UCITS ETF 1C	0.05%	Equity Europe Social/Environmental	78
SPDR MSCI World UCITS ETF GBP Hedged (Dist)	0.01%	Equity World	258
Xtrackers MSCI World Screened UCITS ETF 1D	0.01%	Equity World Social/Environmental	120
SPDR FTSE UK All Share UCITS ETF	0.17%	Equity United Kingdom	136
Xtrackers MSCI World UCITS ETF 1D	0.01%	Equity World	4,582
Xtrackers MSCI AC World Screened UCITS ETF 1C	0.01%	Equity World Social/Environmental	5,118
iShares Conservative Portfolio UCITS ETF USD Hedged (Acc)	0.00%	Equity World Social/Environmental Multi-Asset Strategy	0
iShares MSCI World Screened UCITS ETF USD (Dist)	0.01%	Equity World Social/Environmental	952
iShares MSCI Europe Consumer Discretionary Sector UCITS ETF EUR (Acc)	0.59%	Equity Europe Consumer Discretionary	156
UBS MSCI ACWI Universal UCITS ETF USD dis	0.01%	Equity World Social/Environmental	1,946
iShares Europe Equity Enhanced Active UCITS ETF EUR (Acc)	0.03%	Equity Europe Social/Environmental Multi-Asset Strategy	554
BNP Paribas Easy MSCI ACWI SRI S-Series PAB 5% Capped UCITS ETF EUR Acc	0.01%	Equity World Social/Environmental	15
HSBC MSCI World UCITS ETF CHF hedged	0.01%	Equity World	53
HSBC MSCI World UCITS ETF EUR Hedged (Acc)	0.01%	Equity World	653
First Trust United Kingdom AlphaDEX UCITS ETF Acc	1.79%	Equity United Kingdom Multi-Factor Strategy	10
iShares MSCI World Mid-Cap Equal Weight UCITS ETF USD (Acc)	0.13%	Equity World Mid Cap	358
iShares MSCI Europe Mid Cap UCITS ETF	0.28%	Equity Europe Mid Cap	21
Amundi Core MSCI World UCITS ETF USD Dist	0.01%	Equity World	1,363
iShares MSCI World Screened UCITS ETF USD (Acc)	0.01%	Equity World Social/Environmental	4,902
Amundi UK Equity All Cap UCITS ETF Dist	0.19%	Equity United Kingdom	756
UBS MSCI ACWI Universal UCITS ETF hGBP acc	0.01%	Equity World Social/Environmental	290
Vanguard LifeStrategy 40% Equity UCITS ETF Accumulating	0.00%	Equity World Multi-Asset Strategy	196
iShares Core MSCI Europe UCITS ETF EUR (Dist)	0.05%	Equity Europe	10,696
iShares MSCI ACWI Screened UCITS ETF USD (Acc)	0.01%	Equity World Social/Environmental	143
First Trust Dow Jones International Internet UCITS ETF Acc	0.56%	Equity World Technology	8
Vanguard FTSE All-World High Dividend Yield UCITS ETF Distributing	0.02%	Equity World Dividend	6,910
iShares Core FTSE 100 UCITS ETF GBP (Dist)	0.20%	Equity United Kingdom	16,311
iShares Core MSCI Europe UCITS ETF EUR (Acc)	0.05%	Equity Europe	1,438
Amundi Core Stoxx Europe 600 UCITS ETF EUR Hedged Dist	0.05%	Equity Europe	47
UBS MSCI United Kingdom UCITS ETF hEUR dis	0.21%	Equity United Kingdom	7
UBS MSCI ACWI Universal UCITS ETF hJPY acc	0.01%	Equity World Social/Environmental	109
Amundi MSCI Europe Growth UCITS ETF Dist	0.10%	Equity Europe Growth	81
HSBC MSCI Europe UCITS ETF EUR	0.05%	Equity Europe	329
UBS FTSE 100 UCITS ETF GBP dis	0.19%	Equity United Kingdom	92
BNP Paribas Easy MSCI World Equal Weight Select UCITS ETF EUR Acc	0.10%	Equity World Equal Weighted	30
Amundi Core MSCI Europe UCITS ETF Acc	0.05%	Equity Europe	3,936
Xtrackers Portfolio Income UCITS ETF 1D	0.00%	Equity World Multi-Asset Strategy	60
BNP Paribas Easy MSCI ACWI SRI S-Series PAB 5% Capped UCITS ETF USD C	0.01%	Equity World Social/Environmental	24
iShares MSCI World UCITS ETF (Dist)	0.01%	Equity World	7,372
Vanguard LifeStrategy 80% Equity UCITS ETF (EUR) Accumulating	0.01%	Equity World Multi-Asset Strategy	904
Amundi MSCI World ESG Broad Transition UCITS ETF Dist	0.01%	Equity World Social/Environmental Climate Change	267
iShares Core MSCI World UCITS ETF EUR Hedged (Dist)	0.01%	Equity World	1,564
Xtrackers Europe Equity Enhanced Active UCITS ETF 1C	0.25%	Equity Europe	62
iShares Growth Portfolio UCITS ETF GBP Hedged (Acc)	0.02%	Equity World Social/Environmental Multi-Asset Strategy	21
Vanguard FTSE All-World UCITS ETF (USD) Accumulating	0.01%	Equity World	28,535
HSBC MSCI World UCITS ETF USD (Acc)	0.01%	Equity World	1,473
HSBC MSCI World UCITS ETF USD	0.01%	Equity World	12,570
L&G Gerd Kommer Multifactor Equity UCITS ETF USD Distributing	0.02%	Equity World Multi-Factor Strategy	157
iShares MSCI World ESG Enhanced CTB UCITS ETF USD (Acc)	0.00%	Equity World Social/Environmental	4,313
Amundi MSCI Europe Growth UCITS ETF - EUR (C)	0.10%	Equity Europe Growth	114
Xtrackers MSCI World UCITS ETF 3C - CHF Hedged	0.01%	Equity World	41
UBS MSCI United Kingdom UCITS ETF hUSD dis	0.21%	Equity United Kingdom	12
Invesco FTSE RAFI UK 100 UCITS ETF	0.20%	Equity United Kingdom Fundamental/Quality	16
Vanguard FTSE All-World High Dividend Yield UCITS ETF Acc	0.02%	Equity World Dividend	1,599
UBS MSCI ACWI Universal UCITS ETF hCHF dis	0.01%	Equity World Social/Environmental	46
iShares Core FTSE 100 UCITS ETF EUR Hedged (Acc)	0.20%	Equity United Kingdom	42
Invesco FTSE RAFI Europe UCITS ETF Dist	0.10%	Equity Europe Fundamental/Quality	26
Xtrackers MSCI AC World Screened UCITS ETF 5C - USD Hedged	0.01%	Equity World Social/Environmental	1
UBS Core MSCI World UCITS ETF hGBP dis	0.01%	Equity World	94
UBS Core MSCI World UCITS ETF hGBP acc	0.01%	Equity World	38
JPMorgan UK Equity Core UCITS ETF GBP (dist)	0.08%	Equity United Kingdom	93
UBS MSCI ACWI Universal UCITS ETF hCHF acc	0.01%	Equity World Social/Environmental	1,402
Amundi MSCI Europe ESG Broad Transition UCITS ETF - EUR (C)	0.06%	Equity Europe Social/Environmental Climate Change	2,406
iShares MSCI ACWI UCITS ETF USD (Acc)	0.01%	Equity World	22,084
iShares MSCI Europe Screened UCITS ETF EUR (Acc)	0.05%	Equity Europe Social/Environmental	4,637
Vanguard LifeStrategy 80% Equity UCITS ETF Distributing	0.01%	Equity World Multi-Asset Strategy	68
Xtrackers FTSE 100 UCITS ETF Income 1D	0.19%	Equity United Kingdom	93
UBS Core MSCI World UCITS ETF hEUR acc	0.01%	Equity World	384
SPDR MSCI World Consumer Discretionary UCITS ETF	0.07%	Equity World Consumer Discretionary	60
SPDR MSCI All Country World UCITS ETF EUR Hedged (Acc)	0.00%	Equity World	1,027
iShares Conservative Portfolio UCITS ETF EUR (Acc)	0.00%	Equity World Social/Environmental Multi-Asset Strategy	13
Franklin FTSE Developed World UCITS ETF USD Capitalisation	0.01%	Equity World	17
Amundi Core Stoxx Europe 600 UCITS ETF USD Hedged Acc	0.05%	Equity Europe	111
iShares Core MSCI World UCITS ETF GBP Hedged (Dist)	0.01%	Equity World	985
UBS ETF (LU) MSCI UK UCITS ETF (GBP) A-UKdis	0.21%	Equity United Kingdom	100
Xtrackers MSCI Europe UCITS ETF 2C USD hedged	0.05%	Equity Europe	255
BNP Paribas Easy MSCI World Min TE UCITS ETF USD Acc	0.02%	Equity World Social/Environmental	124
HSBC FTSE 100 UCITS ETF GBP	0.20%	Equity United Kingdom	848
L&G Gerd Kommer Multifactor Equity UCITS ETF USD Accumulating	0.02%	Equity World Multi-Factor Strategy	869
Amundi Core MSCI World UCITS ETF Acc	0.01%	Equity World	12,149
iShares MSCI World EUR Hedged UCITS ETF (Acc)	0.01%	Equity World	4,914
iShares Edge MSCI Europe Size Factor UCITS ETF	0.46%	Equity Europe Mid Cap	31
HSBC MSCI Europe UCITS ETF EUR (Acc)	0.05%	Equity Europe	78
Xtrackers MSCI Europe Climate Transition UCITS ETF 1C	0.05%	Equity Europe Social/Environmental Climate Change	13
iShares MSCI World Climate Transition Aware UCITS ETF USD (Acc)	0.01%	Equity World Social/Environmental Climate Change	6
Vanguard LifeStrategy 20% Equity UCITS ETF Accumulating	0.00%	Equity World Multi-Asset Strategy	89
Xtrackers MSCI Europe UCITS ETF 1D	0.05%	Equity Europe	135
UBS MSCI World ex USA Climate Paris Aligned UCITS ETF USD acc	0.02%	Equity World Social/Environmental Climate Change	19
Vanguard LifeStrategy 60% Equity UCITS ETF Accumulating	0.01%	Equity World Multi-Asset Strategy	695
SPDR FTSE UK All Share UCITS ETF	0.17%	Equity United Kingdom	437
iShares Moderate Portfolio UCITS ETF USD Hedged (Acc)	0.01%	Equity World Social/Environmental Multi-Asset Strategy	5
Xtrackers MSCI World UCITS ETF 2D - GBP Hedged	0.01%	Equity World	350
UBS MSCI Europe Climate Paris Aligned UCITS ETF EUR acc	0.05%	Equity Europe Social/Environmental Climate Change	6
UBS Core MSCI Europe UCITS ETF hEUR acc	0.04%	Equity Europe	126
iShares Core MSCI World UCITS ETF USD (Acc)	0.01%	Equity World	109,860
Xtrackers Stoxx Europe 600 UCITS ETF 1D	0.04%	Equity Europe	953
Xtrackers MSCI World UCITS ETF 1C	0.01%	Equity World	16,437
iShares MSCI Europe ESG Enhanced CTB UCITS ETF EUR (Acc)	0.11%	Equity Europe Social/Environmental	1,708
iShares MSCI World Climate Transition Aware UCITS ETF USD (Dist)	0.01%	Equity World Social/Environmental Climate Change	2
iShares MSCI World GBP Hedged UCITS ETF (Acc)	0.01%	Equity World	480
iShares Growth Portfolio UCITS ETF EUR (Acc)	0.02%	Equity World Social/Environmental Multi-Asset Strategy	75
iShares Conservative Portfolio UCITS ETF GBP Hedged (Acc)	0.00%	Equity World Social/Environmental Multi-Asset Strategy	3
First Trust United Kingdom AlphaDEX UCITS ETF Dist	1.79%	Equity United Kingdom Multi-Factor Strategy	4
SPDR MSCI Europe Consumer Discretionary UCITS ETF	0.59%	Equity Europe Consumer Discretionary	73
Amundi Core MSCI Europe UCITS ETF Dist	0.05%	Equity Europe	527
Amundi MSCI World ESG Broad Transition UCITS ETF Acc	0.01%	Equity World Social/Environmental Climate Change	1,093
SPDR MSCI World UCITS ETF EUR Hedged (Acc)	0.01%	Equity World	688
UBS Core MSCI Europe UCITS ETF EUR acc	0.04%	Equity Europe	158
HSBC MSCI Europe Climate Paris Aligned UCITS ETF EUR Acc	0.04%	Equity Europe Social/Environmental Climate Change	38
Amundi Core MSCI World UCITS ETF EUR Hedged Acc	0.01%	Equity World	46
Vanguard FTSE Developed Europe UCITS ETF (EUR) Accumulating	0.05%	Equity Europe	2,171
Vanguard FTSE All-World UCITS ETF (USD) Distributing	0.01%	Equity World	19,056
iShares MSCI Europe Screened UCITS ETF EUR (Dist)	0.05%	Equity Europe Social/Environmental	464
iShares MSCI World Screened UCITS ETF GBP Hedged (Dist)	0.01%	Equity World Social/Environmental	85
UBS MSCI ACWI Universal UCITS ETF hUSD acc	0.01%	Equity World Social/Environmental	1,193
SPDR MSCI All Country World UCITS ETF (Acc)	0.00%	Equity World	7,670
iShares Growth Portfolio UCITS ETF USD Hedged (Acc)	0.02%	Equity World Social/Environmental Multi-Asset Strategy	1
Xtrackers World Equity Enhanced Active UCITS ETF 1C	0.07%	Equity World	309
Xtrackers MSCI Europe UCITS ETF 1C	0.05%	Equity Europe	7,129
UBS Core MSCI Europe UCITS ETF hCHF acc	0.04%	Equity Europe	102
SPDR MSCI Europe UCITS ETF	0.05%	Equity Europe	380
iShares MSCI Europe ESG Enhanced CTB UCITS ETF EUR (Dist)	0.11%	Equity Europe Social/Environmental	4,270
UBS MSCI World ex Mega Cap UCITS ETF USD acc	0.01%	Equity World	31
Vanguard FTSE Developed Europe UCITS ETF Distributing	0.05%	Equity Europe	4,368
Amundi MSCI World Ex USA UCITS ETF Dist	0.04%	Equity World	105
Amundi MSCI World ESG Broad Transition UCITS ETF EUR Hedged (Acc)	0.01%	Equity World Social/Environmental Climate Change	3
iShares MSCI World ESG Enhanced CTB UCITS ETF EUR Hedged (Acc)	0.00%	Equity World Social/Environmental	188
iShares MSCI World ESG Enhanced CTB UCITS ETF USD (Dist)	0.00%	Equity World Social/Environmental	966
Ossiam STOXX Europe 600 ESG Equal Weight NR UCITS ETF 1C (EUR)	0.18%	Equity Europe Equal Weighted	193
Invesco MSCI Europe Universal Screened UCITS ETF Acc	0.10%	Equity Europe Social/Environmental	171
Amundi MSCI Europe ESG Broad Transition UCITS ETF - EUR (D)	0.06%	Equity Europe Social/Environmental Climate Change	23
Amundi MSCI World Screened UCITS ETF Acc	0.01%	Equity World Social/Environmental	991
Amundi MSCI World Ex USA UCITS ETF Acc	0.04%	Equity World	504
iShares MSCI World ex-USA UCITS ETF USD (Acc)	0.03%	Equity World	1,933
iShares STOXX Europe 600 Travel & Leisure UCITS ETF (DE)	4.94%	Equity Europe Travel & Leisure	61
Vanguard LifeStrategy 60% Equity UCITS ETF Distributing	0.01%	Equity World Multi-Asset Strategy	91

Performance

Returns overview

YTD	-20.60%
1 month	-20.60%
3 months	-24.09%
6 months	-40.80%
1 year	-13.69%
3 years	-59.77%
5 years	-
Since inception (MAX)	-62.91%
2025	+12.22%
2024	-31.69%
2023	-25.26%
2022	-19.98%

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).