AE50.DE vs. AMES.DE
AE50.DE (Amundi ETF STOXX Europe 50 UCITS ETF EUR) and AMES.DE (Amundi ETF MSCI Spain UCITS ETF EUR) are both Europe Equities funds from Amundi - AE50.DE tracks the STOXX® Europe 50 while AMES.DE tracks the MSCI Spain. Both are passively managed. Over the past 10 years, AE50.DE returned 9.32%/yr vs 11.05%/yr for AMES.DE. A 0.66 correlation means they provide meaningful diversification when combined. AE50.DE charges 0.15%/yr vs 0.25%/yr for AMES.DE.
Performance
AE50.DE vs. AMES.DE - Performance Comparison
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Returns By Period
In the year-to-date period, AE50.DE achieves a 7.47% return, which is significantly higher than AMES.DE's 7.00% return. Over the past 10 years, AE50.DE has underperformed AMES.DE with an annualized return of 9.32%, while AMES.DE has yielded a comparatively higher 11.05% annualized return.
AE50.DE
- 1D
- 0.82%
- 1M
- 3.36%
- YTD
- 7.47%
- 6M
- 9.70%
- 1Y
- 16.71%
- 3Y*
- 12.27%
- 5Y*
- 11.33%
- 10Y*
- 9.32%
AMES.DE
- 1D
- 0.51%
- 1M
- 3.60%
- YTD
- 7.00%
- 6M
- 10.82%
- 1Y
- 33.98%
- 3Y*
- 29.84%
- 5Y*
- 19.21%
- 10Y*
- 11.05%
AE50.DE vs. AMES.DE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
AE50.DE Amundi ETF STOXX Europe 50 UCITS ETF EUR | 7.47% | 18.08% | 7.63% | 14.90% | -1.62% | 26.03% | -6.38% | 28.61% | -10.46% | 9.34% |
AMES.DE Amundi ETF MSCI Spain UCITS ETF EUR | 7.00% | 55.41% | 19.00% | 25.94% | 0.03% | 6.96% | -12.87% | 15.76% | -12.77% | 11.84% |
Correlation
The correlation between AE50.DE and AMES.DE is 0.79, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.79 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.67 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.66 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.64 |
Correlation (All Time) Calculated using the full available price history since Jun 18, 2014 | 0.66 |
The correlation between AE50.DE and AMES.DE shifts across timeframes, from 0.64 (10 years) to 0.79 (1 year), reflecting how their relationship changes across market environments.
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Return for Risk
AE50.DE vs. AMES.DE — Risk / Return Rank
AE50.DE
AMES.DE
AE50.DE vs. AMES.DE - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Amundi ETF STOXX Europe 50 UCITS ETF EUR (AE50.DE) and Amundi ETF MSCI Spain UCITS ETF EUR (AMES.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.
| AE50.DE | AMES.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.80 | ||
| Sortino ratioReturn per unit of downside risk | -0.94 | ||
| Omega ratioGain probability vs. loss probability | 1.23 | 1.37 | -0.14 |
| Calmar ratioReturn relative to maximum drawdown | 1.74 | 3.40 | -1.66 |
| Martin ratioReturn relative to average drawdown | 6.15 | 11.80 | -5.65 |
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
| AE50.DE | AMES.DE | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.26 | 2.06 | -0.80 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.80 | 1.20 | -0.40 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.61 | 0.62 | -0.01 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.48 | 0.48 | +0.01 |
Drawdowns
AE50.DE vs. AMES.DE - Drawdown Comparison
The maximum AE50.DE drawdown since its inception was -32.20%, smaller than the maximum AMES.DE drawdown of -40.98%. Use the drawdown chart below to compare losses from any high point for AE50.DE and AMES.DE.
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Drawdown Indicators
| AE50.DE | AMES.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -32.20% | -40.98% | +8.78% |
Max Drawdown (1Y)Largest decline over 1 year | -9.54% | -9.95% | +0.41% |
Max Drawdown (3Y)Largest decline over 3 years | -17.29% | -12.58% | -4.71% |
Max Drawdown (5Y)Largest decline over 5 years | -17.29% | -17.77% | +0.48% |
Max Drawdown (10Y)Largest decline over 10 years | -32.20% | -40.98% | +8.78% |
Current DrawdownCurrent decline from peak | -1.65% | -0.52% | -1.13% |
Average DrawdownAverage peak-to-trough decline | -5.70% | -9.76% | +4.06% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.71% | 2.87% | -0.16% |
Volatility
AE50.DE vs. AMES.DE - Volatility Comparison
The current volatility for Amundi ETF STOXX Europe 50 UCITS ETF EUR (AE50.DE) is 4.34%, while Amundi ETF MSCI Spain UCITS ETF EUR (AMES.DE) has a volatility of 4.59%. This indicates that AE50.DE experiences smaller price fluctuations and is considered to be less risky than AMES.DE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| AE50.DE | AMES.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 4.34% | 4.59% | -0.25% |
Volatility (6M)Calculated over the trailing 6-month period | 10.78% | 13.65% | -2.87% |
Volatility (1Y)Calculated over the trailing 1-year period | 13.25% | 16.43% | -3.18% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 13.93% | 18.01% | -4.08% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 15.11% | 20.82% | -5.71% |
AE50.DE vs. AMES.DE - Expense Ratio Comparison
AE50.DE has a 0.15% expense ratio, which is lower than AMES.DE's 0.25% expense ratio. Despite the difference, both funds are considered low-cost compared to the broader market, where average expense ratios usually range from 0.3% to 0.9%.
Dividends
AE50.DE vs. AMES.DE - Dividend Comparison
Neither AE50.DE nor AMES.DE has paid dividends to shareholders.
Frequently Asked Questions
AE50.DE and AMES.DE have a correlation of 0.79, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, AE50.DE is cheaper at 0.15% per year. The better choice depends on whether you care most about return, fees, risk, or income.
AE50.DE is cheaper with a 0.15% expense ratio, compared with 0.25% for AMES.DE.
AE50.DE tracks STOXX® Europe 50, while AMES.DE tracks MSCI Spain. Their fees differ too: 0.15% for AE50.DE and 0.25% for AMES.DE.
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