Meituan

ISIN KYG596691041

WKN A2N5NR

Market cap (in EUR)

67,803 m

Country

China

Sector

Consumer Services

Dividend yield

0.00%

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Overview

Quote

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Description

Meituan is an investment holding company, which engages in the provision of a platform that uses technology to connect consumers and merchants. It operates through the following segments: Food Delivery, In-store, Hotel, and Travel, and New Initiatives and Others. The Food Delivery segment provides food ordering and delivery services. The In-store, Hotel, and Travel segment offers merchants the ability to sell vouchers, coupons, tickets, and reservations on the firm's platform. The New Initiatives and Others segment includes revenue derived from cloud-based enterprise resource planning systems, integrated payment services, supply chain solutions to merchants, small and medium-sized merchants financing services, local transportation services, and other products and services. The company was founded by Xing Wang, Hui Wen Wang, and Rong Jun Mu in March 2010 and is headquartered in Beijing, China.

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Consumer Services Hospitality Services China

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Financials

Key metrics

Market capitalisation, EUR	67,803 m
EPS, EUR	-0.04
P/B ratio	3.4
P/E ratio	19.7
Dividend yield	0.00%

Income statement (2024)

Revenue, EUR	43,366 m
Net income, EUR	4,600 m
Profit margin	10.61%

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Capital at risk

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What ETF is Meituan in?

There are 169 ETFs which contain Meituan. All of these ETFs are listed in the table below. The ETF with the largest weighting of Meituan is the KraneShares CSI China Internet UCITS ETF USD.

ETF	Weight	Investment focus	Fund size (in m EUR)
HSBC MSCI AC Far East ex Japan UCITS ETF USD (Dist)	0.88%	Equity Asia Pacific	19
iShares MSCI AC Far East ex-Japan UCITS ETF	0.87%	Equity Asia Pacific	945
Amundi MSCI China ESG Selection Extra UCITS ETF Dist	4.59%	Equity China Social/Environmental	166
SPDR MSCI EM Asia UCITS ETF	0.80%	Equity Asia Pacific	1,068
iShares MSCI EM UCITS ETF (Dist)	0.64%	Equity Emerging Markets	6,141
Xtrackers Portfolio UCITS ETF 1C	0.06%	Equity World Multi-Asset Strategy	664
iShares Moderate Portfolio UCITS ETF EUR (Acc)	0.03%	Equity World Social/Environmental Multi-Asset Strategy	35
iShares MSCI EM SRI UCITS ETF USD (Dist)	2.26%	Equity Emerging Markets Social/Environmental	371
Amundi MSCI EM Asia SRI Climate Paris Aligned UCITS ETF DR (D)	3.51%	Equity Asia Pacific Social/Environmental	255
JPMorgan Global Emerging Markets Research Enhanced Index Equity SRI Paris Aligned Active UCITS ETF EUR (acc)	0.51%	Equity Emerging Markets Social/Environmental Climate Change	2
Amundi MSCI China ESG Selection Extra UCITS ETF Acc	4.59%	Equity China Social/Environmental	526
Invesco FTSE RAFI All World 3000 UCITS ETF	0.05%	Equity World Fundamental/Quality	127
iShares Asia ex Japan Equity Enhanced Active UCITS ETF USD (Acc)	0.86%	Equity Asia Pacific Social/Environmental Multi-Asset Strategy	50
Franklin FTSE China UCITS ETF	2.14%	Equity China	1,773
JPMorgan All Country Research Enhanced Index Equity Active UCITS ETF CHF Hedged (acc)	0.04%	Equity World Social/Environmental	2
HSBC MSCI Emerging Markets UCITS ETF USD	0.65%	Equity Emerging Markets	2,803
iShares Moderate Portfolio UCITS ETF GBP Hedged (Acc)	0.03%	Equity World Social/Environmental Multi-Asset Strategy	15
iShares Core MSCI Emerging Markets IMI UCITS ETF	0.55%	Equity Emerging Markets	1,204
Invesco FTSE All-World UCITS ETF GBP PfHdg Dist	0.09%	Equity World	5
KraneShares CSI China Internet UCITS ETF EUR	8.34%	Equity China Technology	194
iShares MSCI EM UCITS ETF (Acc)	0.64%	Equity Emerging Markets	5,263
Xtrackers MSCI Emerging Markets UCITS ETF 1C	0.70%	Equity Emerging Markets	8,327
Amundi Prime All Country World UCITS ETF Acc	0.08%	Equity World	485
KraneShares CSI China Internet UCITS ETF GBP	8.34%	Equity China Technology	46
Xtrackers MSCI China UCITS ETF 1D	2.20%	Equity China	611
Vanguard LifeStrategy 40% Equity UCITS ETF Distributing	0.03%	Equity World Multi-Asset Strategy	35
iShares MSCI ACWI UCITS ETF USD (Dist)	0.07%	Equity World	0
UBS ETF (LU) MSCI Emerging Markets UCITS ETF (USD) A-UKdis	0.65%	Equity Emerging Markets	89
SPDR MSCI All Country World Investable Market UCITS ETF (Acc)	0.08%	Equity World	3,891
Xtrackers MSCI AC World Screened UCITS ETF 2C - EUR Hedged	0.08%	Equity World Social/Environmental	67
JPMorgan AC Asia Pacific ex Japan Research Enhanced Index Equity (ESG) UCITS ETF USD (acc)	0.41%	Equity Asia Pacific Social/Environmental	100
iShares Dow Jones Global Leaders Screened UCITS ETF USD (Acc)	0.34%	Equity World Social/Environmental	1,559
UBS MSCI ACWI Socially Responsible UCITS ETF hCHF dis	0.29%	Equity World Social/Environmental Climate Change	37
Vanguard ESG Global All Cap UCITS ETF (USD) Distributing	0.08%	Equity World Social/Environmental	488
Invesco MSCI China All Shares Stock Connect UCITS ETF Acc	1.44%	Equity China	93
HSBC EMERGING MARKET SCREENED EQUITY UCITS ETF USD	1.00%	Equity Emerging Markets Social/Environmental Climate Change	194
UBS MSCI EM Climate Paris Aligned UCITS ETF USD acc	0.73%	Equity Emerging Markets Social/Environmental Climate Change	193
iShares MSCI EM IMI Screened UCITS ETF USD (Dist)	0.59%	Equity Emerging Markets Social/Environmental	1,081
HSBC Hang Seng TECH UCITS ETF HKD	7.82%	Equity Hong Kong Technology	1,578
SPDR MSCI All Country World Investable Market UCITS ETF (Dist)	0.08%	Equity World	68
Goldman Sachs ActiveBeta® Emerging Markets Equity UCITS ETF CLASS USD (Acc.)	0.98%	Equity Emerging Markets Multi-Factor Strategy	11
Xtrackers MSCI China UCITS ETF 1C	2.20%	Equity China	1,224
Scalable MSCI AC World Xtrackers UCITS ETF 1C	0.12%	Equity World	335
UBS MSCI ACWI Socially Responsible UCITS ETF USD acc	0.29%	Equity World Social/Environmental Climate Change	579
Invesco MSCI Emerging Markets ESG Climate Paris Aligned UCITS ETF Acc	0.82%	Equity Emerging Markets Social/Environmental Climate Change	95
iShares BIC 50 UCITS ETF USD (Dist)	3.46%	Equity Emerging Markets	136
UBS MSCI ACWI Universal UCITS ETF hEUR acc	0.08%	Equity World Social/Environmental	671
Vanguard LifeStrategy 20% Equity UCITS ETF Distributing	0.03%	Equity World Multi-Asset Strategy	14
Amundi MSCI Emerging Markets SRI Climate Paris Aligned UCITS ETF DR (C)	2.95%	Equity Emerging Markets Social/Environmental	1,476
JPMorgan Global Emerging Markets Research Enhanced Index Equity SRI Paris Aligned Active UCITS ETF USD (dist)	0.51%	Equity Emerging Markets Social/Environmental Climate Change	3
UBS Core MSCI EM UCITS ETF USD dis	0.65%	Equity Emerging Markets	1,923
SPDR MSCI All Country World UCITS ETF USD Hedged (Acc)	0.08%	Equity World	65
Amundi MSCI China ESG Selection UCITS ETF DR (C)	3.69%	Equity China Social/Environmental	141
Amundi MSCI ACWI SRI Climate Paris Aligned UCITS ETF DR - USD	0.29%	Equity World Social/Environmental	107
SPDR MSCI Emerging Markets UCITS ETF	0.65%	Equity Emerging Markets	1,109
Invesco FTSE All-World UCITS ETF EUR PfHdg Acc	0.09%	Equity World	29
Xtrackers MSCI AC World Screened UCITS ETF 1C	0.08%	Equity World Social/Environmental	4,841
JPMorgan Global Emerging Markets Research Enhanced Index Equity (ESG) UCITS ETF USD (acc)	0.42%	Equity Emerging Markets Social/Environmental	1,643
UBS MSCI ACWI Socially Responsible UCITS ETF USD dis	0.29%	Equity World Social/Environmental Climate Change	31
iShares MSCI ACWI SRI UCITS ETF USD (Acc)	0.24%	Equity World Social/Environmental	81
Invesco FTSE All-World UCITS ETF Acc	0.09%	Equity World	2,069
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)	0.55%	Equity Emerging Markets	26,863
JPMorgan AC Asia Pacific ex Japan Research Enhanced Index Equity (ESG) UCITS ETF USD (dist)	0.41%	Equity Asia Pacific Social/Environmental	0
iShares MSCI China UCITS ETF USD (Acc)	2.20%	Equity China	3,556
UBS MSCI ACWI Universal UCITS ETF USD dis	0.08%	Equity World Social/Environmental	1,909
BNP Paribas Easy MSCI ACWI SRI S-Series PAB 5% Capped UCITS ETF EUR Acc	0.09%	Equity World Social/Environmental	15
Amundi Core MSCI Emerging Markets UCITS ETF Acc	0.64%	Equity Emerging Markets	3,189
JPMorgan All Country Research Enhanced Index Equity Active UCITS ETF EUR (acc)	0.04%	Equity World Social/Environmental	1
Xtrackers Emerging Markets Net Zero Pathway Paris Aligned UCITS ETF	0.67%	Equity Emerging Markets Social/Environmental Climate Change	12
UBS MSCI ACWI Universal UCITS ETF hGBP acc	0.08%	Equity World Social/Environmental	288
Vanguard LifeStrategy 40% Equity UCITS ETF Accumulating	0.03%	Equity World Multi-Asset Strategy	186
UBS MSCI ACWI Socially Responsible UCITS ETF hEUR acc	0.29%	Equity World Social/Environmental Climate Change	660
iShares MSCI ACWI Screened UCITS ETF USD (Acc)	0.08%	Equity World Social/Environmental	142
iShares China Large Cap UCITS ETF	4.92%	Equity China	933
iShares MSCI EM IMI Screened UCITS ETF USD (Acc)	0.59%	Equity Emerging Markets Social/Environmental	4,719
First Trust Dow Jones International Internet UCITS ETF Acc	4.41%	Equity World Technology	8
iShares MSCI EM ESG Enhanced CTB UCITS ETF USD (Dist)	0.56%	Equity Emerging Markets Social/Environmental	902
HSBC PLUS Emerging Markets Equity Quant Active UCITS ETF USD Acc	0.19%	Equity Emerging Markets Multi-Factor Strategy	75
UBS MSCI ACWI Universal UCITS ETF hJPY acc	0.08%	Equity World Social/Environmental	106
iShares MSCI EM ESG Enhanced CTB UCITS ETF USD (Acc)	0.56%	Equity Emerging Markets Social/Environmental	6,446
UBS MSCI EM Socially Responsible UCITS ETF USD acc	2.82%	Equity Emerging Markets Social/Environmental Climate Change	567
Invesco Emerging Markets Enhanced Equity UCITS ETF Acc	0.59%	Equity Emerging Markets Multi-Factor Strategy	62
iShares MSCI AC Far East ex-Japan UCITS ETF USD (Acc)	0.87%	Equity Asia Pacific	76
Amundi Core MSCI Emerging Markets UCITS ETF EUR Dist	0.64%	Equity Emerging Markets	825
WisdomTree Emerging Markets ex-State-Owned Enterprises UCITS ETF	0.91%	Equity Emerging Markets Social/Environmental	12
Invesco MSCI Emerging Markets Universal Screened UCITS ETF Acc	0.73%	Equity Emerging Markets Social/Environmental	64
Xtrackers Portfolio Income UCITS ETF 1D	0.10%	Equity World Multi-Asset Strategy	59
iShares MSCI EM SRI UCITS ETF	2.26%	Equity Emerging Markets Social/Environmental	2,780
HSBC Asia Pacific Ex Japan Screened Equity UCITS ETF USD	0.44%	Equity Asia Pacific Social/Environmental Climate Change	328
UBS MSCI ACWI Socially Responsible UCITS ETF hGBP dis	0.29%	Equity World Social/Environmental Climate Change	351
Franklin FTSE Emerging Markets UCITS ETF USD Capitalisation	0.75%	Equity Emerging Markets	10
BNP Paribas Easy MSCI ACWI SRI S-Series PAB 5% Capped UCITS ETF USD C	0.09%	Equity World Social/Environmental	24
Vanguard LifeStrategy 80% Equity UCITS ETF (EUR) Accumulating	0.03%	Equity World Multi-Asset Strategy	861
JPMorgan Global Emerging Markets Research Enhanced Index Equity SRI Paris Aligned Active UCITS ETF USD (acc)	0.51%	Equity Emerging Markets Social/Environmental Climate Change	100
Invesco MSCI China Technology All Shares Stock Connect UCITS ETF Acc	4.15%	Equity China Innovation	135
HSBC ASIA PACIFIC EX JAPAN SCREENED EQUITY UCITS ETF USD (Dist)	0.44%	Equity Asia Pacific Social/Environmental Climate Change	73
HSBC MSCI China UCITS ETF USD	2.25%	Equity China	1,098
Vanguard ESG Emerging Markets All Cap UCITS ETF (USD) Distributing	0.81%	Equity Emerging Markets Social/Environmental	13
iShares MSCI EM Asia UCITS ETF (Acc)	0.79%	Equity Asia Pacific	4,362
iShares Growth Portfolio UCITS ETF GBP Hedged (Acc)	0.06%	Equity World Social/Environmental Multi-Asset Strategy	21
HSBC MSCI AC Asia Pacific ex Japan Climate Paris Aligned UCITS ETF	0.69%	Equity Asia Pacific Social/Environmental Climate Change	13
Vanguard FTSE All-World UCITS ETF (USD) Accumulating	0.07%	Equity World	26,195
Amundi MSCI Emerging Markets ESG Selection UCITS ETF DR (C)	1.24%	Equity Emerging Markets Social/Environmental	1,184
HSBC MSCI AC Far East ex Japan UCITS ETF USD	0.88%	Equity Asia Pacific	280
L&G Gerd Kommer Multifactor Equity UCITS ETF USD Distributing	0.13%	Equity World Multi-Factor Strategy	141
Amundi MSCI EM Asia ESG Broad Transition UCITS ETF Acc	0.69%	Equity Asia Pacific Social/Environmental Climate Change	392
Xtrackers Harvest MSCI China Tech 100 UCITS ETF 1C 1C	3.17%	Equity China Social/Environmental Innovation	26
Vanguard FTSE Emerging Markets UCITS ETF (USD) Distributing	0.72%	Equity Emerging Markets	2,658
Global X Artificial Intelligence UCITS ETF USD Accumulating	0.67%	Equity World Technology Artificial Intelligence	36
UBS MSCI ACWI Universal UCITS ETF hCHF dis	0.08%	Equity World Social/Environmental	65
Xtrackers MSCI AC World Screened UCITS ETF 5C - USD Hedged	0.08%	Equity World Social/Environmental	1
JPMorgan Global Emerging Markets Research Enhanced Index Equity (ESG) UCITS ETF USD (dist)	0.42%	Equity Emerging Markets Social/Environmental	18
JPMorgan Global Emerging Markets Research Enhanced Index Equity (ESG) UCITS ETF EUR (acc)	0.42%	Equity Emerging Markets Social/Environmental	3
UBS MSCI ACWI Universal UCITS ETF hCHF acc	0.08%	Equity World Social/Environmental	1,375
Xtrackers MSCI Emerging Markets UCITS ETF 1D	0.70%	Equity Emerging Markets	251
iShares MSCI ACWI UCITS ETF USD (Acc)	0.07%	Equity World	21,156
iShares Emerging Markets Equity Enhanced Active UCITS ETF USD (Acc)	0.69%	Equity Emerging Markets Social/Environmental Multi-Asset Strategy	597
Vanguard LifeStrategy 80% Equity UCITS ETF Distributing	0.03%	Equity World Multi-Asset Strategy	64
HSBC EMERGING MARKET SCREENED EQUITY UCITS ETF USD (Dist)	1.00%	Equity Emerging Markets Social/Environmental Climate Change	57
JPMorgan All Country Research Enhanced Index Equity Active UCITS ETF USD (acc)	0.04%	Equity World Social/Environmental	166
UBS MSCI ACWI Socially Responsible UCITS ETF hUSD acc	0.29%	Equity World Social/Environmental Climate Change	155
HSBC MSCI Emerging Markets UCITS ETF USD (Acc)	0.65%	Equity Emerging Markets	708
HSBC MSCI China UCITS ETF USD (Acc)	2.25%	Equity China	123
SPDR MSCI All Country World UCITS ETF EUR Hedged (Acc)	0.08%	Equity World	944
Amundi MSCI Emerging Markets SRI Climate Paris Aligned UCITS ETF DR (D)	2.95%	Equity Emerging Markets Social/Environmental	259
JPMorgan All Country Research Enhanced Index Equity Active UCITS ETF EUR Hedged (acc)	0.04%	Equity World Social/Environmental	1
iShares Conservative Portfolio UCITS ETF EUR (Acc)	0.01%	Equity World Social/Environmental Multi-Asset Strategy	12
HSBC MSCI Emerging Markets Value Screened UCITS ETF USD (Acc)	0.81%	Equity Emerging Markets Value	55
UBS Core MSCI EM UCITS ETF USD acc	0.65%	Equity Emerging Markets	4,002
Amundi Prime Emerging Markets UCITS ETF DR (C)	0.67%	Equity Emerging Markets	146
L&G Gerd Kommer Multifactor Equity UCITS ETF USD Accumulating	0.13%	Equity World Multi-Factor Strategy	762
Vanguard FTSE Emerging Markets UCITS ETF (USD) Accumulating	0.72%	Equity Emerging Markets	1,267
iShares MSCI Emerging Markets Consumer Growth UCITS ETF USD (Acc)	2.06%	Equity World Consumer Discretionary	39
Amundi MSCI AC Far East Ex Japan ESG Selection UCITS ETF DR - USD (C)	1.84%	Equity Asia Pacific Social/Environmental	3
KraneShares CSI China Internet UCITS ETF USD	8.34%	Equity China Technology	791
iShares MSCI China UCITS ETF USD (Dist)	2.20%	Equity China	382
Invesco FTSE All-World UCITS ETF Dist	0.09%	Equity World	179
Vanguard LifeStrategy 20% Equity UCITS ETF Accumulating	0.03%	Equity World Multi-Asset Strategy	84
iShares MSCI ACWI SRI UCITS ETF USD (Dist)	0.24%	Equity World Social/Environmental	22
HANetf EMQQ Emerging Markets Internet UCITS ETF	3.90%	Equity Emerging Markets Social/Environmental E-commerce	126
Vanguard LifeStrategy 60% Equity UCITS ETF Accumulating	0.03%	Equity World Multi-Asset Strategy	651
iShares Moderate Portfolio UCITS ETF USD Hedged (Acc)	0.03%	Equity World Social/Environmental Multi-Asset Strategy	5
Vanguard ESG Emerging Markets All Cap UCITS ETF (USD) Accumulating	0.81%	Equity Emerging Markets Social/Environmental	55
Amundi Core MSCI Emerging Markets UCITS ETF USD Dist	0.64%	Equity Emerging Markets	184
iShares China Large Cap UCITS ETF USD (Acc)	4.92%	Equity China Large Cap	32
UBS MSCI China Universal UCITS ETF USD dis	3.40%	Equity China Social/Environmental Climate Change	406
Xtrackers MSCI Emerging Markets Climate Transition UCITS ETF 1C 1C	0.70%	Equity Emerging Markets Social/Environmental Climate Change	109
iShares Growth Portfolio UCITS ETF EUR (Acc)	0.06%	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
Amundi Prime All Country World UCITS ETF Dist	0.08%	Equity World	2,193
UBS MSCI ACWI Climate Paris Aligned UCITS ETF USD acc	0.04%	Equity World Social/Environmental Climate Change	29
JPMorgan All Country Research Enhanced Index Equity Active UCITS ETF USD (dist)	0.04%	Equity World Social/Environmental	53
HSBC MSCI Emerging Markets Climate Paris Aligned UCITS ETF	0.74%	Equity Emerging Markets Social/Environmental Climate Change	28
Vanguard FTSE All-World UCITS ETF (USD) Distributing	0.07%	Equity World	18,763
UBS MSCI ACWI Universal UCITS ETF hUSD acc	0.08%	Equity World Social/Environmental	1,215
UBS MSCI ACWI Socially Responsible UCITS ETF hCHF acc	0.29%	Equity World Social/Environmental Climate Change	575
SPDR MSCI All Country World UCITS ETF (Acc)	0.08%	Equity World	6,924
iShares Growth Portfolio UCITS ETF USD Hedged (Acc)	0.06%	Equity World Social/Environmental Multi-Asset Strategy	1
Xtrackers MSCI Emerging Markets ESG UCITS ETF 1C	1.70%	Equity Emerging Markets Social/Environmental	1,484
Amundi MSCI Emerging Markets ESG Broad Transition UCITS ETF DR (C)	0.54%	Equity Emerging Markets Social/Environmental Climate Change	1,142
Invesco FTSE All-World UCITS ETF CHF PfHdg Acc	0.09%	Equity World	13
Invesco FTSE RAFI Emerging Markets UCITS ETF	0.30%	Equity Emerging Markets Fundamental/Quality	67
Amundi MSCI Emerging Markets SRI Climate Paris Aligned UCITS ETF DR - GBP (D)	2.95%	Equity Emerging Markets Social/Environmental	39
Vanguard ESG Global All Cap UCITS ETF (USD) Accumulating	0.08%	Equity World Social/Environmental	711
UBS MSCI EM Socially Responsible UCITS ETF USD dis	2.82%	Equity Emerging Markets Social/Environmental Climate Change	1,829
L&G Emerging Markets ESG Exclusions Paris Aligned UCITS ETF USD Accumulating ETF	0.85%	Equity Emerging Markets Social/Environmental Climate Change	102
Vanguard LifeStrategy 60% Equity UCITS ETF Distributing	0.03%	Equity World Multi-Asset Strategy	87
Franklin MSCI Emerging Markets Paris Aligned Climate UCITS ETF	0.78%	Equity Emerging Markets Social/Environmental Climate Change	6

Performance

Returns overview

YTD	-37.58%
1 month	-1.71%
3 months	+6.21%
6 months	-26.25%
1 year	-42.17%
3 years	-45.74%
5 years	-65.92%
Since inception (MAX)	+78.57%
2024	+90.49%
2023	-55.82%
2022	-9.38%
2021	-24.46%

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).