ETF comparison

PARI vs MEUD

Franklin STOXX Europe 600 Paris Aligned Climate UCITS ETF
IE00BMDPBY65Franklin Templeton
Amundi Core Stoxx Europe 600 UCITS ETF Acc
LU0908500753Amundi
Figures as of October 2, 2026 (PARI) · September 30, 2026 (MEUD)

The comparison in short

PARI (Franklin STOXX Europe 600 Paris Aligned Climate UCITS ETF, IE00BMDPBY65) and MEUD (Amundi Core Stoxx Europe 600 UCITS ETF Acc, LU0908500753) both track the STOXX Europe 600 index. MEUD has the lower total expense ratio (TER): 0.07% a year against 0.15% for PARI, 0.08 percentage points less, or about 8 a year on 10,000 invested. MEUD is the larger fund, with EUR 21.0bn in assets against EUR 34m for PARI, about 618 times the size. PARI reports 474 holdings and MEUD 613. 3 of the holdings published by PARI (top 50) and MEUD (top 50) appear in both lists; measured on those published positions only, the overlap is at least 2.5%. Shared holdings include ALLIANZ SE-REG EUR NPV, INTESA SANPAOLO EUR NPV and UNICREDIT SPA EUR NPV. In 2025, PARI returned +6.4% and MEUD +20.2%, a gap of 13.8 percentage points. Over the past year, PARI returned +10.4% and MEUD +16.9%. PARI and MEUD both reinvest their income (accumulating share classes). PARI is domiciled in Ireland and MEUD in Luxembourg. PARI and MEUD both carry a risk indicator (SRRI) of 4 on the 1–7 scale. This is a factual comparison from the fund houses' documents, not investment advice.

Side by side

FigurePARIMEUD
ISINIE00BMDPBY65LU0908500753
Exchange tickersPARI, EUPA, FLXPMEUD, MEUS, LYP6
Fund houseFranklin TempletonAmundi
Total expense ratio (TER)0.15%0.07%
Ongoing charges (KID)0.15%0.07%
Fund sizeEUR 34mEUR 21.0bn
Launch dateJuly 29, 2020February 8, 2024
Replication—Physical
DomicileIrelandLuxembourg
Distribution policyAccumulatingAccumulating
Share class currencyEUREUR
Number of holdings474613
Risk indicator (SRRI)4 / 74 / 7
BenchmarkSTOXX Europe 600 Index-NRSTOXX Europe 600 (Net Return) EUR

Performance

Calendar-year returns

YearPARIMEUDDifference
2025+6.4%+20.2%−13.8

Annualised returns

PeriodPARIMEUDDifference
1 year+10.4%+16.9%−6.5
Returns as published by each fund house, in each share class's currency and net of the fund's charges. The difference is in percentage points. Past performance does not predict future returns.

Holdings

3 of the holdings published by PARI (top 50) and MEUD (top 50) appear in both lists; measured on those published positions only, the overlap is at least 2.5%. Shared holdings include ALLIANZ SE-REG EUR NPV, INTESA SANPAOLO EUR NPV and UNICREDIT SPA EUR NPV.

Top 10 holdings of PARI

#HoldingWeight
1
CASH
12.38%
2
ASML HOLDING NV EUR 0.09
5.04%
3
HSBC HOLDINGS PLC USD 0.5
2.93%
4
IBERDROLA SA EUR 0.75
2.34%
5
ROCHE HOLDINGS AG CHF NPV
2.21%
6
NOVARTIS AG-REG CHF 0.49
2.13%
7
BANCO SANTANDER S EUR 0.5
2.00%
8
ASTRAZENECA PLC USD 0.25
1.88%
9
SCHNEIDER ELECTRIC EUR 4
1.85%
10
INTESA SANPAOLO EUR NPVIn both
1.57%

Top 10 holdings of MEUD

#HoldingWeight
1
ASML HOLDING NV
4.67%
2
HSBC HOLDINGS PLC
2.27%
3
ROCHE HOLDING AG - GENUSSS CHF
1.95%
4
NOVARTIS AG-REG
1.81%
5
SHELL PLC EUR
1.75%
6
ASTRAZENECA GBP
1.68%
7
NESTLE SA-REG
1.56%
8
SIEMENS AG-REG
1.52%
9
SAP SE / XETRA
1.41%
10
BANCO SANTANDER SA MADRID
1.39%
Compare every published holding of PARI and MEUD in the overlap checker

Sectors and countries

Largest sectors of PARI

  1. Financials27.9%
  2. Industrials15.6%
  3. Health Care13.6%
  4. Information Technology11.4%
  5. Utilities7.9%
  6. Materials7.3%
+ 5 more

Largest sectors of MEUD

  1. Financials26.3%
  2. Industrials18.9%
  3. Health Care12.0%
  4. Information Technology9.2%
  5. Consumer Staples7.6%
  6. Consumer Discretionary6.3%
+ 4 more

Largest countries of PARI

  1. United Kingdom19.4%
  2. France13.4%
  3. Switzerland12.1%
  4. Germany10.8%
  5. Netherlands8.0%
  6. Spain7.7%
+ 21 more

Largest countries of MEUD

  1. United Kingdom23.0%
  2. France14.7%
  3. Switzerland13.5%
  4. Germany13.1%
  5. Netherlands8.4%
  6. Spain6.0%
+ 12 more

Frequently asked questions

What is the difference between PARI and MEUD?

PARI (Franklin STOXX Europe 600 Paris Aligned Climate UCITS ETF, IE00BMDPBY65) and MEUD (Amundi Core Stoxx Europe 600 UCITS ETF Acc, LU0908500753) both track the STOXX Europe 600 index. MEUD has the lower total expense ratio (TER): 0.07% a year against 0.15% for PARI, 0.08 percentage points less, or about 8 a year on 10,000 invested. PARI and MEUD both reinvest their income (accumulating share classes). PARI is domiciled in Ireland and MEUD in Luxembourg. This is a factual comparison from the fund houses' documents, not investment advice.

Which is cheaper, PARI or MEUD?

MEUD has the lower total expense ratio (TER): 0.07% a year against 0.15% for PARI, 0.08 percentage points less, or about 8 a year on 10,000 invested. Their key information documents state ongoing charges of 0.15% for PARI and 0.07% for MEUD.

Which is bigger, PARI or MEUD?

MEUD is the larger fund, with EUR 21.0bn in assets against EUR 34m for PARI, about 618 times the size.

Do PARI and MEUD hold the same companies?

3 of the holdings published by PARI (top 50) and MEUD (top 50) appear in both lists; measured on those published positions only, the overlap is at least 2.5%. Shared holdings include ALLIANZ SE-REG EUR NPV, INTESA SANPAOLO EUR NPV and UNICREDIT SPA EUR NPV.

How did PARI and MEUD perform in 2025?

In 2025, PARI returned +6.4% and MEUD +20.2%, a gap of 13.8 percentage points. Over the past year, PARI returned +10.4% and MEUD +16.9%. Past performance does not predict future returns.

Are PARI and MEUD accumulating or distributing?

PARI is accumulating: it reinvests its income in the fund. MEUD is accumulating: it reinvests its income in the fund.

Go further

Figures are read from the documents each fund house publishes (product page, factsheet, key information document, holdings file) and refreshed weekly. Names and tickers identify the products; FundFacts API is independent of every fund house and index provider. This comparison is factual information, not investment advice or a recommendation to buy or sell either fund.