AE5A.DE vs. LEER.DE
AE5A.DE (Amundi Core MSCI Emerging Markets Swap UCITS ETF Dist) and LEER.DE (Amundi MSCI Eastern Europe Ex Russia UCITS ETF) are both Emerging Markets Equities funds from Amundi - AE5A.DE tracks the MSCI Emerging Markets Index while LEER.DE tracks the MSCI Emerging Markets Eastern Europe ex Russia Index. Both are passively managed. Over the past 10 years, AE5A.DE returned 9.98%/yr vs 10.92%/yr for LEER.DE. A 0.56 correlation means they provide meaningful diversification when combined. AE5A.DE charges 0.14%/yr vs 0.50%/yr for LEER.DE.
Performance
AE5A.DE vs. LEER.DE - Performance Comparison
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Returns By Period
In the year-to-date period, AE5A.DE achieves a 27.41% return, which is significantly higher than LEER.DE's 18.03% return. Over the past 10 years, AE5A.DE has underperformed LEER.DE with an annualized return of 9.98%, while LEER.DE has yielded a comparatively higher 10.92% annualized return.
AE5A.DE
- 1D
- -1.54%
- 1M
- 3.57%
- YTD
- 27.41%
- 6M
- 28.14%
- 1Y
- 48.94%
- 3Y*
- 20.90%
- 5Y*
- 8.49%
- 10Y*
- 9.98%
LEER.DE
- 1D
- 0.66%
- 1M
- 1.32%
- YTD
- 18.03%
- 6M
- 25.59%
- 1Y
- 43.31%
- 3Y*
- 31.18%
- 5Y*
- 16.61%
- 10Y*
- 10.92%
AE5A.DE vs. LEER.DE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
AE5A.DE Amundi Core MSCI Emerging Markets Swap UCITS ETF Dist | 27.41% | 19.26% | 14.36% | 5.58% | -14.19% | 4.19% | 7.49% | 21.04% | -11.21% | 20.83% |
LEER.DE Amundi MSCI Eastern Europe Ex Russia UCITS ETF | 18.03% | 53.92% | 4.11% | 41.71% | -21.16% | 20.40% | -18.41% | 1.33% | -8.39% | 30.82% |
Correlation
The correlation between AE5A.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 (3Y) Calculated over the trailing 3-year period | 0.51 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.48 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.53 |
Correlation (All Time) Calculated using the full available price history since Oct 20, 2011 | 0.56 |
The correlation between AE5A.DE and LEER.DE has been stable across timeframes, ranging from 0.48 to 0.56 - a consistent structural relationship.
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Return for Risk
AE5A.DE vs. LEER.DE — Risk / Return Rank
AE5A.DE
LEER.DE
AE5A.DE vs. LEER.DE - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Amundi Core MSCI Emerging Markets Swap UCITS ETF Dist (AE5A.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.
| AE5A.DE | LEER.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.79 | ||
| Sortino ratioReturn per unit of downside risk | +0.91 | ||
| Omega ratioGain probability vs. loss probability | 1.50 | 1.34 | +0.16 |
| Calmar ratioReturn relative to maximum drawdown | 4.80 | 4.24 | +0.56 |
| Martin ratioReturn relative to average drawdown | 17.35 | 11.61 | +5.74 |
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
| AE5A.DE | LEER.DE | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 2.79 | 2.00 | +0.79 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.51 | 0.71 | -0.21 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.53 | 0.50 | +0.03 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.42 | 0.12 | +0.30 |
Drawdowns
AE5A.DE vs. LEER.DE - Drawdown Comparison
The maximum AE5A.DE drawdown since its inception was -36.16%, smaller than the maximum LEER.DE drawdown of -72.16%. Use the drawdown chart below to compare losses from any high point for AE5A.DE and LEER.DE.
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Drawdown Indicators
| AE5A.DE | LEER.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -36.16% | -72.16% | +36.00% |
Max Drawdown (1Y)Largest decline over 1 year | -10.34% | -9.92% | -0.42% |
Max Drawdown (3Y)Largest decline over 3 years | -19.22% | -15.85% | -3.37% |
Max Drawdown (5Y)Largest decline over 5 years | -23.47% | -43.49% | +20.02% |
Max Drawdown (10Y)Largest decline over 10 years | -32.24% | -48.74% | +16.50% |
Current DrawdownCurrent decline from peak | -2.56% | -0.84% | -1.72% |
Average DrawdownAverage peak-to-trough decline | -9.72% | -33.44% | +23.72% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.87% | 3.63% | -0.76% |
Volatility
AE5A.DE vs. LEER.DE - Volatility Comparison
Amundi Core MSCI Emerging Markets Swap UCITS ETF Dist (AE5A.DE) has a higher volatility of 7.32% compared to Amundi MSCI Eastern Europe Ex Russia UCITS ETF (LEER.DE) at 6.19%. This indicates that AE5A.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
| AE5A.DE | LEER.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 7.32% | 6.19% | +1.13% |
Volatility (6M)Calculated over the trailing 6-month period | 14.97% | 16.81% | -1.84% |
Volatility (1Y)Calculated over the trailing 1-year period | 17.82% | 21.00% | -3.18% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 17.23% | 23.00% | -5.77% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 19.05% | 21.97% | -2.92% |
AE5A.DE vs. LEER.DE - Expense Ratio Comparison
AE5A.DE has a 0.14% expense ratio, which is lower than LEER.DE's 0.50% expense ratio.
Dividends
AE5A.DE vs. LEER.DE - Dividend Comparison
AE5A.DE's dividend yield for the trailing twelve months is around 1.69%, while LEER.DE has not paid dividends to shareholders.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 |
|---|---|---|---|---|---|---|---|---|---|
AE5A.DE Amundi Core MSCI Emerging Markets Swap UCITS ETF Dist | 1.69% | 2.15% | 3.38% | 3.80% | 2.44% | 1.62% | 1.71% | 2.01% | 2.17% |
LEER.DE Amundi MSCI Eastern Europe Ex Russia UCITS ETF | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Frequently Asked Questions
AE5A.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, AE5A.DE is cheaper at 0.14% per year. The better choice depends on whether you care most about return, fees, risk, or income.
AE5A.DE is cheaper with a 0.14% expense ratio, compared with 0.50% for LEER.DE.
AE5A.DE tracks MSCI Emerging Markets Index, while LEER.DE tracks MSCI Emerging Markets Eastern Europe ex Russia Index. Their fees differ too: 0.14% for AE5A.DE and 0.50% for LEER.DE.
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