6AQQ.DE vs. AMEL.DE
6AQQ.DE (Amundi Nasdaq 100 UCITS ETF EUR) and AMEL.DE (Amundi MSCI Emerging Markets Latin America UCITS ETF EUR) are both exchange-traded funds - 6AQQ.DE is a Nasdaq-100 fund tracking the Nasdaq 100®, while AMEL.DE is a Latin America Equities fund tracking the MSCI Emerging Markets Latin America. Both are passively managed. Over the past 10 years, 6AQQ.DE returned 21.42%/yr vs 7.43%/yr for AMEL.DE. At a 0.43 correlation, their price movements are largely independent. 6AQQ.DE charges 0.23%/yr vs 0.20%/yr for AMEL.DE.
Performance
6AQQ.DE vs. AMEL.DE - Performance Comparison
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Returns By Period
In the year-to-date period, 6AQQ.DE achieves a 20.65% return, which is significantly higher than AMEL.DE's 10.83% return. Over the past 10 years, 6AQQ.DE has outperformed AMEL.DE with an annualized return of 21.42%, while AMEL.DE has yielded a comparatively lower 7.43% annualized return.
6AQQ.DE
- 1D
- -0.84%
- 1M
- 7.97%
- YTD
- 20.65%
- 6M
- 18.79%
- 1Y
- 37.28%
- 3Y*
- 24.68%
- 5Y*
- 18.87%
- 10Y*
- 21.42%
AMEL.DE
- 1D
- -0.86%
- 1M
- -7.35%
- YTD
- 10.83%
- 6M
- 10.61%
- 1Y
- 34.11%
- 3Y*
- 10.77%
- 5Y*
- 9.48%
- 10Y*
- 7.43%
6AQQ.DE vs. AMEL.DE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
6AQQ.DE Amundi Nasdaq 100 UCITS ETF EUR | 20.65% | 7.08% | 33.77% | 51.54% | -29.96% | 39.62% | 34.72% | 42.90% | 3.22% | 15.90% |
AMEL.DE Amundi MSCI Emerging Markets Latin America UCITS ETF EUR | 10.83% | 38.06% | -22.22% | 28.09% | 16.34% | -3.21% | -21.29% | 20.69% | -3.27% | 8.15% |
Correlation
The correlation between 6AQQ.DE and AMEL.DE is 0.37, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.37 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.31 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.32 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.38 |
Correlation (All Time) Calculated using the full available price history since Dec 1, 2011 | 0.43 |
The correlation between 6AQQ.DE and AMEL.DE shifts across timeframes, from 0.31 (3 years) to 0.43 (all time), reflecting how their relationship changes across market environments.
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Return for Risk
6AQQ.DE vs. AMEL.DE — Risk / Return Rank
6AQQ.DE
AMEL.DE
6AQQ.DE vs. AMEL.DE - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Amundi Nasdaq 100 UCITS ETF EUR (6AQQ.DE) and Amundi MSCI Emerging Markets Latin America UCITS ETF EUR (AMEL.DE). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.
| 6AQQ.DE | AMEL.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.51 | ||
| Sortino ratioReturn per unit of downside risk | +0.61 | ||
| Omega ratioGain probability vs. loss probability | 1.42 | 1.33 | +0.10 |
| Calmar ratioReturn relative to maximum drawdown | 3.77 | 3.16 | +0.60 |
| Martin ratioReturn relative to average drawdown | 11.17 | 9.66 | +1.51 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| 6AQQ.DE | AMEL.DE | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 2.41 | 1.90 | +0.51 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.94 | 0.45 | +0.49 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 1.08 | 0.29 | +0.79 |
Sharpe Ratio (All Time)Calculated using the full available price history | 1.08 | 0.12 | +0.96 |
Drawdowns
6AQQ.DE vs. AMEL.DE - Drawdown Comparison
The maximum 6AQQ.DE drawdown since its inception was -31.19%, smaller than the maximum AMEL.DE drawdown of -52.69%. Use the drawdown chart below to compare losses from any high point for 6AQQ.DE and AMEL.DE.
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Drawdown Indicators
| 6AQQ.DE | AMEL.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -31.19% | -52.69% | +21.50% |
Max Drawdown (1Y)Largest decline over 1 year | -10.01% | -10.86% | +0.85% |
Max Drawdown (3Y)Largest decline over 3 years | -26.73% | -25.38% | -1.35% |
Max Drawdown (5Y)Largest decline over 5 years | -31.19% | -25.38% | -5.81% |
Max Drawdown (10Y)Largest decline over 10 years | -31.19% | -51.31% | +20.12% |
Current DrawdownCurrent decline from peak | -0.84% | -10.86% | +10.02% |
Average DrawdownAverage peak-to-trough decline | -5.36% | -17.89% | +12.53% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 3.39% | 3.57% | -0.18% |
Volatility
6AQQ.DE vs. AMEL.DE - Volatility Comparison
The current volatility for Amundi Nasdaq 100 UCITS ETF EUR (6AQQ.DE) is 4.40%, while Amundi MSCI Emerging Markets Latin America UCITS ETF EUR (AMEL.DE) has a volatility of 5.32%. This indicates that 6AQQ.DE experiences smaller price fluctuations and is considered to be less risky than AMEL.DE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| 6AQQ.DE | AMEL.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 4.40% | 5.32% | -0.92% |
Volatility (6M)Calculated over the trailing 6-month period | 10.96% | 15.30% | -4.34% |
Volatility (1Y)Calculated over the trailing 1-year period | 15.66% | 18.10% | -2.44% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 19.83% | 20.90% | -1.07% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 19.63% | 25.27% | -5.64% |
6AQQ.DE vs. AMEL.DE - Expense Ratio Comparison
6AQQ.DE has a 0.23% expense ratio, which is higher than AMEL.DE's 0.20% expense ratio. However, both funds are considered low-cost compared to the broader market, where average expense ratios usually range from 0.3% to 0.9%.
Dividends
6AQQ.DE vs. AMEL.DE - Dividend Comparison
Neither 6AQQ.DE nor AMEL.DE has paid dividends to shareholders.
Frequently Asked Questions
6AQQ.DE and AMEL.DE have a correlation of 0.37, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, AMEL.DE is cheaper at 0.20% per year. The better choice depends on whether you care most about return, fees, risk, or income.
AMEL.DE is cheaper with a 0.20% expense ratio, compared with 0.23% for 6AQQ.DE.
6AQQ.DE is categorized as Nasdaq-100, while AMEL.DE is Latin America Equities. 6AQQ.DE tracks Nasdaq 100®, while AMEL.DE tracks MSCI Emerging Markets Latin America. Their fees differ too: 0.23% for 6AQQ.DE and 0.20% for AMEL.DE.
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