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AXA IM MSCI Emerging Markets ex-China Equity PAB UCITS ETF EUR Hedged Accumulating (AXQE.DE) Alternatives

ETF · Currency in EUR · Last updated Jun 5, 2026

AXQE.DE is a passive ETF by AXA IM tracking the investment results of the MSCI Emerging Markets ex China Climate Paris Aligned (EUR Hedged). AXQE.DE launched on Feb 5, 2025 and has a 0.30% expense ratio.

AXA IM MSCI Emerging Markets ex-China Equity PAB UCITS ETF EUR Hedged Accumulating (AXQE.DE) belongs to the Emerging Markets Equities category. Below you'll find alternative ETFs from the same category, ranked by key criteria, plus funds that investors commonly compare with AXQE.DE. Use the tables to find lower-cost options, better risk-adjusted returns, or a closer substitute for your current allocation.

Cheapest Alternatives to AXQE.DE

AXQE.DE charges 0.30% annually. There are 35 ETFs in the Emerging Markets Equities category with lower expense ratios, going as low as 0.10%.

SymbolNameExpense RatioAUMInception
PRAM.DE
Amundi Prime Emerging Markets UCITS ETF DR (C)0.10%—Sep 2021AXQE.DE vs PRAM.DE
AE5A.DE
Amundi Core MSCI Emerging Markets Swap UCITS ETF D...0.14%—Mar 2023AXQE.DE vs AE5A.DE
H4Z3.DE
HSBC MSCI Emerging Markets UCITS ETF USD (Acc)0.15%—Jun 2022AXQE.DE vs H4Z3.DE
EMXC.DE
Lyxor MSCI Emerging Markets Ex China UCITS ETF - A...0.15%—Jun 2019AXQE.DE vs EMXC.DE
AW12.DE
UBS ETF (IE) MSCI Emerging Markets Climate Paris A...0.16%—Aug 2021AXQE.DE vs AW12.DE

Best Risk-Adjusted Alternatives to AXQE.DE

AXQE.DE has a PortfoliosLab risk / return rank of 71. There are 34 ETFs in the Emerging Markets Equities category with higher risk-adjusted ranks, going as high as 95.

SymbolNameRisk / Return RankAUMInception
5MVL.DE
iShares Edge MSCI EM Value Factor UCITS ETF USD(Ac...
95
—Dec 2018AXQE.DE vs 5MVL.DE
H41E.DE
HSBC MSCI Emerging Markets Value ESG UCITS ETF USD...
94
—Dec 2022AXQE.DE vs H41E.DE
AXQT.DE
AXA IM MSCI Emerging Markets ex-China Equity PAB U...
93
13.00MFeb 2025AXQE.DE vs AXQT.DE
84X0.DE
iShares MSCI EM ex-China UCITS ETF USD Acc
93
—Apr 2021AXQE.DE vs 84X0.DE
EMXC.DE
Lyxor MSCI Emerging Markets Ex China UCITS ETF - A...
92
—Jun 2019AXQE.DE vs EMXC.DE

Top Performing AXQE.DE Alternatives (YTD)

AXQE.DE is at 37.94% YTD. There are 5 ETFs in the Emerging Markets Equities category with higher YTD returns, going as high as 45.83%.

SymbolNameYTD ReturnAUMInception
5MVL.DE
iShares Edge MSCI EM Value Factor UCITS ETF USD(Ac...
45.83%
—Dec 2018AXQE.DE vs 5MVL.DE
AXQT.DE
AXA IM MSCI Emerging Markets ex-China Equity PAB U...
40.98%
13.00MFeb 2025AXQE.DE vs AXQT.DE
84X0.DE
iShares MSCI EM ex-China UCITS ETF USD Acc
40.37%
—Apr 2021AXQE.DE vs 84X0.DE
EMXC.DE
Lyxor MSCI Emerging Markets Ex China UCITS ETF - A...
40.23%
—Jun 2019AXQE.DE vs EMXC.DE
H41E.DE
HSBC MSCI Emerging Markets Value ESG UCITS ETF USD...
39.52%
—Dec 2022AXQE.DE vs H41E.DE

Lowest Volatility Alternatives to AXQE.DE

AXQE.DE has 32.57% 1-year volatility. There are 56 ETFs in the Emerging Markets Equities category with lower 1-year volatility, going as low as 11.72%.

SymbolNameVolatility 1YAUMInception
SPYV.DE
SPDR S&P Emerging Markets Dividend Aristocrats UCI...11.72%—Oct 2011AXQE.DE vs SPYV.DE
WTD8.DE
WisdomTree Emerging Markets Equity Income UCITS ET...11.77%—Nov 2016AXQE.DE vs WTD8.DE
EUNY.DE
iShares Emerging Markets Dividend UCITS ETF11.90%—Nov 2011AXQE.DE vs EUNY.DE
EUNZ.DE
iShares Edge MSCI EM Minimum Volatility UCITS ETF12.18%—Nov 2012AXQE.DE vs EUNZ.DE
WTED.DE
WisdomTree Emerging Markets SmallCap Dividend UCIT...12.60%—Nov 2014AXQE.DE vs WTED.DE

Lowest Drawdown Alternatives to AXQE.DE

AXQE.DE has a 1-year max drawdown of -19.63%. There are 56 ETFs in the Emerging Markets Equities category with shallower 1-year drawdowns, going as shallow as -4.11%.

SymbolNameMax Drawdown 1YAUMInception
EUNY.DE
iShares Emerging Markets Dividend UCITS ETF
-4.11%
—Nov 2011AXQE.DE vs EUNY.DE
WTEI.DE
WisdomTree Emerging Markets Equity Income UCITS ET...
-6.00%
—Nov 2014AXQE.DE vs WTEI.DE
WTD8.DE
WisdomTree Emerging Markets Equity Income UCITS ET...
-6.15%
—Nov 2016AXQE.DE vs WTD8.DE
WTED.DE
WisdomTree Emerging Markets SmallCap Dividend UCIT...
-7.07%
—Nov 2014AXQE.DE vs WTED.DE
EUNZ.DE
iShares Edge MSCI EM Minimum Volatility UCITS ETF
-7.50%
—Nov 2012AXQE.DE vs EUNZ.DE

Other ETFs from AXA IM

The 2 most viewed AXA IM ETFs shown here include ANAU.DE, ACLT.DE and span 2 categories.

SymbolNameCategoryRisk / Return RankYTD ReturnAUMInception
ANAU.DE
AXA IM NASDAQ 100 UCITS ETF - USD AccNasdaq-100
76
19.26%
—Nov 2022AXQE.DE vs ANAU.DE
ACLT.DE
AXA IM ACT Climate Equity UCITS ETF USD AccGlobal Equities
60
18.77%
—Sep 2022AXQE.DE vs ACLT.DE

Often Compared With AXQE.DE

Investors most often compare AXQE.DE with 6PSK.DE, EMSM.DE, IBC3.DE. These 20 comparison targets span 1 categories, based on PortfoliosLab usage data.

SymbolNameCategoryRisk / Return RankYTD ReturnAUMInception
6PSK.DE
Invesco FTSE RAFI Emerging Markets UCITS ETFEmerging Markets Equities
80
24.13%
—Nov 2007AXQE.DE vs 6PSK.DE
EMSM.DE
SPDR MSCI Emerging Markets Small Cap UCITS ETFEmerging Markets Equities
85
27.59%
—Apr 2010AXQE.DE vs EMSM.DE
IBC3.DE
iShares Core MSCI Emerging Markets IMI UCITS ETFEmerging Markets Equities
83
25.91%
—Mar 2018AXQE.DE vs IBC3.DE
UETE.DE
UBS ETF (LU) MSCI Emerging Markets SRI UCITS ETF (...Emerging Markets Equities
69
34.13%
—Jun 2019AXQE.DE vs UETE.DE
UEF5.DE
UBS ETF (LU) MSCI Emerging Markets Socially Respon...Emerging Markets Equities
91
34.15%
—Sep 2014AXQE.DE vs UEF5.DE
XZEM.DE
Xtrackers MSCI Emerging Markets ESG UCITS ETF 1CEmerging Markets Equities
48
11.70%
—Oct 2019AXQE.DE vs XZEM.DE
VFEA.DE
Vanguard FTSE Emerging Markets UCITS ETF AccEmerging Markets Equities
58
12.59%
—Sep 2019AXQE.DE vs VFEA.DE
XSOE.DE
WisdomTree Emerging Markets ex-State-Owned Enterpr...Emerging Markets Equities
81
24.59%
—Aug 2021AXQE.DE vs XSOE.DE
FVEM.DE
Franklin MSCI Emerging Markets Paris Aligned Clima...Emerging Markets Equities
83
25.43%
—Mar 2023AXQE.DE vs FVEM.DE
LEER.DE
Amundi MSCI Eastern Europe Ex Russia UCITS ETFEmerging Markets Equities
65
18.03%
—Jul 2020AXQE.DE vs LEER.DE
VFEM.DE
Vanguard FTSE Emerging Markets UCITS ETF Distribut...Emerging Markets Equities
57
12.66%
—May 2012AXQE.DE vs VFEM.DE
EUNI.DE
iShares MSCI Emerging Markets Small Cap UCITS ETFEmerging Markets Equities
52
16.80%
—Mar 2009AXQE.DE vs EUNI.DE
SPYM.DE
SPDR MSCI Emerging Markets UCITS ETFEmerging Markets Equities
85
27.39%
—May 2011AXQE.DE vs SPYM.DE
EDM2.DE
iShares MSCI EM ESG Enhanced UCITS ETF USD (Acc)Emerging Markets Equities
81
26.35%
—Oct 2019AXQE.DE vs EDM2.DE
EL40.DE
Deka MSCI Emerging Markets UCITS ETF Emerging Markets Equities
57
26.76%
—Jul 2010AXQE.DE vs EL40.DE
EUNM.DE
iShares MSCI EM UCITS ETF (Acc)Emerging Markets Equities
85
27.21%
—Sep 2009AXQE.DE vs EUNM.DE
JREM.DE
JPMorgan Global Emerging Markets Research Enhanced...Emerging Markets Equities
89
30.82%
—Dec 2018AXQE.DE vs JREM.DE
IS3N.DE
iShares Core MSCI Emerging Markets IMI UCITS ETF (...Emerging Markets Equities
82
25.82%
—May 2014AXQE.DE vs IS3N.DE
FLXE.DE
Franklin Emerging Markets UCITS ETFEmerging Markets Equities
71
16.10%
—Oct 2017AXQE.DE vs FLXE.DE
XEMD.DE
Xtrackers MSCI Emerging Markets UCITS ETF 1DEmerging Markets Equities
84
28.06%
—Nov 2021AXQE.DE vs XEMD.DE

Compare AXQE.DE with Any Fund or Stock

Compare AXQE.DE with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.

 

Diversifiers

Pair AXQE.DE with funds that move differently

AXA IM MSCI Emerging Markets ex-China Equity PAB UCITS ETF EUR Hedged Accumulating alternatives help with substitution. Diversifiers are the next step when you want funds with lower historical correlation to AXQE.DE.

Explore AXQE.DE Diversifiers