AEMD.L vs. PACW.L

Last updated Jun 6, 2026

AEMD.L (Amundi Index MSCI Emerging Markets UCITS ETF DR EUR (D)) and PACW.L (Amundi Prime All Country World UCITS ETF Income) are both exchange-traded funds - AEMD.L is a Emerging Markets Equities fund tracking the MSCI EM NR USD, while PACW.L is a Global Equities fund tracking the Solactive GBS Global Markets Large & Mid Cap Index. Both are passively managed. AEMD.L charges 0.20%/yr vs 0.07%/yr for PACW.L.

Performance

AEMD.L vs. PACW.L - Performance Comparison

The chart below illustrates the hypothetical performance of a £10,000 investment in Amundi Index MSCI Emerging Markets UCITS ETF DR EUR (D) (AEMD.L) and Amundi Prime All Country World UCITS ETF Income (PACW.L). The values are adjusted to include any dividend payments, if applicable.

Different Trading Currencies

AEMD.L is traded in GBp, while PACW.L is traded in GBP. To make them comparable, the PACW.L values have been converted to GBp using the latest available exchange rates.

Returns By Period

AEMD.L

• 1D: -3.71%
• 1M: 0.25%
• YTD: 21.83%
• 6M: 22.20%
• 1Y: 47.59%
• 3Y*: 18.97%
• 5Y*: 7.64%
• 10Y*: —

PACW.L

• 1D: —
• 1M: —
• YTD: —
• 6M: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

*Multi-year figures are annualized to reflect compound growth (CAGR)

Return for Risk

AEMD.L vs. PACW.L — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

AEMD.L

AEMD.L Risk / Return Rank: 85
AEMD.L Sharpe Ratio Rank: 88
AEMD.L Sortino Ratio Rank: 84
AEMD.L Omega Ratio Rank: 88
AEMD.L Calmar Ratio Rank: 83
AEMD.L Martin Ratio Rank: 81

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

AEMD.L vs. PACW.L - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Amundi Index MSCI Emerging Markets UCITS ETF DR EUR (D) (AEMD.L) and Amundi Prime All Country World UCITS ETF Income (PACW.L). 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.

	AEMD.L	PACW.L	Difference
Sharpe ratio: Return per unit of total volatility	2.73	—	—
Sortino ratio: Return per unit of downside risk	3.49	—	—
Omega ratio: Gain probability vs. loss probability	1.51	—	—
Calmar ratio: Return relative to maximum drawdown	4.16	—	—
Martin ratio: Return relative to average drawdown	14.81	—	—
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

Sharpe Ratios by Period

	AEMD.L	PACW.L	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	2.73	—	—
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.47	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.28	—	—

Drawdowns

Drawdown Indicators

	AEMD.L	PACW.L	Difference
Max Drawdown Largest peak-to-trough decline	-33.02%	—	—
Max Drawdown (1Y) Largest decline over 1 year	-11.38%	—	—
Max Drawdown (3Y) Largest decline over 3 years	-15.24%	—	—
Max Drawdown (5Y) Largest decline over 5 years	-23.98%	—	—
Current Drawdown Current decline from peak	-6.08%	—	—
Average Drawdown Average peak-to-trough decline	-12.68%	—	—
Ulcer Index Depth and duration of drawdowns from previous peaks	3.21%	—	—

Volatility

Volatility by Period

	AEMD.L	PACW.L	Difference
Volatility (1M) Calculated over the trailing 1-month period	8.14%	—	—
Volatility (6M) Calculated over the trailing 6-month period	14.99%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	17.33%	—	—
Volatility (5Y) Calculated over the trailing 5-year period, annualized	16.24%	—	—
Volatility (10Y) Calculated over the trailing 10-year period, annualized	18.53%	—	—

AEMD.L vs. PACW.L - Expense Ratio Comparison

AEMD.L has a 0.20% expense ratio, which is higher than PACW.L's 0.07% 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

AEMD.L vs. PACW.L - Dividend Comparison

AEMD.L's dividend yield for the trailing twelve months is around 1.59%, while PACW.L has not paid dividends to shareholders.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018
AEMD.L Amundi Index MSCI Emerging Markets UCITS ETF DR EUR (D)	1.59%	1.93%	2.31%	2.49%	3.14%	2.21%	1.66%	2.35%	1.90%
PACW.L Amundi Prime All Country World UCITS ETF Income	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%

Frequently Asked Questions

Which ETF is better, AEMD.L or PACW.L?

On fees, PACW.L is cheaper at 0.07% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, AEMD.L or PACW.L?

PACW.L is cheaper with a 0.07% expense ratio, compared with 0.20% for AEMD.L.

What is the main difference between AEMD.L and PACW.L?

AEMD.L is categorized as Emerging Markets Equities, while PACW.L is Global Equities. AEMD.L tracks MSCI EM NR USD, while PACW.L tracks Solactive GBS Global Markets Large & Mid Cap Index. Their fees differ too: 0.20% for AEMD.L and 0.07% for PACW.L.