AEME.L vs. EIMI.L
Compare and contrast key facts about Amundi Index MSCI Emerging Markets UCITS ETF DR (C) (AEME.L) and iShares Core MSCI EM IMI UCITS ETF (EIMI.L).
AEME.L and EIMI.L are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. AEME.L is a passively managed fund by Amundi that tracks the performance of the MSCI EM NR USD. It was launched on Jun 29, 2016. EIMI.L is a passively managed fund by iShares that tracks the performance of the MSCI Emerging Markets Investable Market Index. It was launched on May 30, 2014. Both AEME.L and EIMI.L are passive ETFs, meaning that they are not actively managed but aim to replicate the performance of the underlying index as closely as possible.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: AEME.L or EIMI.L.
Key characteristics
| AEME.L | EIMI.L | |
|---|---|---|
| YTD Return | 5.56% | 5.35% |
| 1Y Return | 11.45% | 13.02% |
| 3Y Return (Ann) | -5.02% | -3.72% |
| Sharpe Ratio | 0.63 | 0.94 |
| Daily Std Dev | 19.37% | 14.91% |
| Max Drawdown | -40.09% | -38.73% |
| Current Drawdown | -21.22% | -16.69% |
Correlation
The correlation between AEME.L and EIMI.L is 0.97, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.
Performance
AEME.L vs. EIMI.L - Performance Comparison
The year-to-date returns for both stocks are quite close, with AEME.L having a 5.56% return and EIMI.L slightly lower at 5.35%. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
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AEME.L vs. EIMI.L - Expense Ratio Comparison
AEME.L has a 0.20% expense ratio, which is higher than EIMI.L's 0.18% 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%.
Risk-Adjusted Performance
AEME.L vs. EIMI.L - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Amundi Index MSCI Emerging Markets UCITS ETF DR (C) (AEME.L) and iShares Core MSCI EM IMI UCITS ETF (EIMI.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.
Dividends
AEME.L vs. EIMI.L - Dividend Comparison
Neither AEME.L nor EIMI.L has paid dividends to shareholders.
Drawdowns
AEME.L vs. EIMI.L - Drawdown Comparison
The maximum AEME.L drawdown since its inception was -40.09%, roughly equal to the maximum EIMI.L drawdown of -38.73%. Use the drawdown chart below to compare losses from any high point for AEME.L and EIMI.L. For additional features, visit the drawdowns tool.
Volatility
AEME.L vs. EIMI.L - Volatility Comparison
Amundi Index MSCI Emerging Markets UCITS ETF DR (C) (AEME.L) and iShares Core MSCI EM IMI UCITS ETF (EIMI.L) have volatilities of 4.57% and 4.36%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.