84X0.DE vs. LEER.DE
84X0.DE (iShares MSCI EM ex-China UCITS ETF USD Acc) and LEER.DE (Amundi MSCI Eastern Europe Ex Russia UCITS ETF) are both Emerging Markets Equities funds - 84X0.DE tracks the MSCI Emerging Markets ex China Index (Net) while LEER.DE tracks the MSCI Emerging Markets Eastern Europe ex Russia Index. Both are passively managed. Over the past year, 84X0.DE returned 68.88% vs 42.24% for LEER.DE. A 0.50 correlation means they provide meaningful diversification when combined. 84X0.DE charges 0.18%/yr vs 0.50%/yr for LEER.DE.
Performance
84X0.DE vs. LEER.DE - Performance Comparison
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Returns By Period
In the year-to-date period, 84X0.DE achieves a 40.37% return, which is significantly higher than LEER.DE's 18.03% return.
84X0.DE
- 1D
- -1.73%
- 1M
- 8.33%
- YTD
- 40.37%
- 6M
- 44.02%
- 1Y
- 68.88%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
LEER.DE
- 1D
- 0.66%
- 1M
- 4.22%
- YTD
- 18.03%
- 6M
- 25.17%
- 1Y
- 42.24%
- 3Y*
- 31.18%
- 5Y*
- 16.61%
- 10Y*
- 10.92%
84X0.DE vs. LEER.DE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | |
|---|---|---|---|---|
84X0.DE iShares MSCI EM ex-China UCITS ETF USD Acc | 40.37% | 19.85% | 9.62% | 7.38% |
LEER.DE Amundi MSCI Eastern Europe Ex Russia UCITS ETF | 18.03% | 53.92% | 4.11% | 9.84% |
Correlation
The correlation between 84X0.DE and LEER.DE is 0.49, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.49 |
Correlation (All Time) Calculated using the full available price history since Nov 6, 2023 | 0.50 |
The correlation between 84X0.DE and LEER.DE has been stable across timeframes, ranging from 0.49 to 0.50 - a consistent structural relationship.
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Return for Risk
84X0.DE vs. LEER.DE — Risk / Return Rank
84X0.DE
LEER.DE
84X0.DE vs. LEER.DE - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for iShares MSCI EM ex-China UCITS ETF USD Acc (84X0.DE) and Amundi MSCI Eastern Europe Ex Russia UCITS ETF (LEER.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.
| 84X0.DE | LEER.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +1.52 | ||
| Sortino ratioReturn per unit of downside risk | +1.69 | ||
| Omega ratioGain probability vs. loss probability | 1.64 | 1.34 | +0.29 |
| Calmar ratioReturn relative to maximum drawdown | 5.88 | 4.24 | +1.64 |
| Martin ratioReturn relative to average drawdown | 21.92 | 11.61 | +10.31 |
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
| 84X0.DE | LEER.DE | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 3.52 | 2.00 | +1.52 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | — | 0.71 | — |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | — | 0.50 | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 1.77 | 0.12 | +1.65 |
Drawdowns
84X0.DE vs. LEER.DE - Drawdown Comparison
The maximum 84X0.DE drawdown since its inception was -19.72%, smaller than the maximum LEER.DE drawdown of -72.16%. Use the drawdown chart below to compare losses from any high point for 84X0.DE and LEER.DE.
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Drawdown Indicators
| 84X0.DE | LEER.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -19.72% | -72.16% | +52.44% |
Max Drawdown (1Y)Largest decline over 1 year | -11.66% | -9.92% | -1.74% |
Max Drawdown (3Y)Largest decline over 3 years | — | -15.85% | — |
Max Drawdown (5Y)Largest decline over 5 years | — | -43.49% | — |
Max Drawdown (10Y)Largest decline over 10 years | — | -48.74% | — |
Current DrawdownCurrent decline from peak | -2.49% | -0.84% | -1.65% |
Average DrawdownAverage peak-to-trough decline | -2.70% | -33.44% | +30.74% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 3.13% | 3.63% | -0.50% |
Volatility
84X0.DE vs. LEER.DE - Volatility Comparison
iShares MSCI EM ex-China UCITS ETF USD Acc (84X0.DE) has a higher volatility of 8.41% compared to Amundi MSCI Eastern Europe Ex Russia UCITS ETF (LEER.DE) at 6.19%. This indicates that 84X0.DE's price experiences larger fluctuations and is considered to be riskier than LEER.DE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| 84X0.DE | LEER.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 8.41% | 6.19% | +2.22% |
Volatility (6M)Calculated over the trailing 6-month period | 16.93% | 16.81% | +0.12% |
Volatility (1Y)Calculated over the trailing 1-year period | 19.46% | 21.00% | -1.54% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 17.11% | 23.00% | -5.89% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 17.11% | 21.97% | -4.86% |
84X0.DE vs. LEER.DE - Expense Ratio Comparison
84X0.DE has a 0.18% expense ratio, which is lower than LEER.DE's 0.50% expense ratio.
Dividends
84X0.DE vs. LEER.DE - Dividend Comparison
Neither 84X0.DE nor LEER.DE has paid dividends to shareholders.
Frequently Asked Questions
84X0.DE and LEER.DE have a correlation of 0.49, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, 84X0.DE is cheaper at 0.18% per year. The better choice depends on whether you care most about return, fees, risk, or income.
84X0.DE is cheaper with a 0.18% expense ratio, compared with 0.50% for LEER.DE.
84X0.DE tracks MSCI Emerging Markets ex China Index (Net), while LEER.DE tracks MSCI Emerging Markets Eastern Europe ex Russia Index. They also come from different issuers: iShares and Amundi. Their fees differ too: 0.18% for 84X0.DE and 0.50% for LEER.DE.
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