AEME.L vs. IDTW.L

Last updated Jul 21, 2026

AEME.L (Amundi Index MSCI Emerging Markets UCITS ETF DR (C)) and IDTW.L (iShares MSCI Taiwan UCITS ETF USD (Dist)) are both exchange-traded funds - AEME.L is a Emerging Markets Equities fund tracking the MSCI EM NR USD, while IDTW.L is a Technology Equities fund tracking the MSCI Taiwan 20/35 Index (Net) (USD). Both are passively managed. Over the past 5 years, AEME.L returned 6.85%/yr vs 19.32%/yr for IDTW.L. A 0.75 correlation means they provide meaningful diversification when combined. AEME.L charges 0.20%/yr vs 0.74%/yr for IDTW.L.

Performance

AEME.L vs. IDTW.L - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Amundi Index MSCI Emerging Markets UCITS ETF DR (C) (AEME.L) and iShares MSCI Taiwan UCITS ETF USD (Dist) (IDTW.L). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, AEME.L achieves a 17.86% return, which is significantly lower than IDTW.L's 51.96% return.

AEME.L

• 1D: 1.13%
• 1M: -8.62%
• 6M: 10.76%
• YTD: 17.86%
• 1Y: 33.18%
• 3Y*: 19.92%
• 5Y*: 6.85%
• 10Y*: —
• ALL TIME*: 10.15%

IDTW.L

• 1D: 0.13%
• 1M: -11.51%
• 6M: 42.30%
• YTD: 51.96%
• 1Y: 74.29%
• 3Y*: 39.09%
• 5Y*: 19.32%
• 10Y*: 19.92%
• ALL TIME*: 12.04%

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

AEME.L vs. IDTW.L - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020
AEME.L Amundi Index MSCI Emerging Markets UCITS ETF DR (C)	17.86%	34.94%	6.72%	8.42%	-19.85%	18.82%	6.13%
IDTW.L iShares MSCI Taiwan UCITS ETF USD (Dist)	51.96%	31.78%	23.61%	28.84%	-29.55%	28.51%	36.97%

Correlation

The correlation between AEME.L and IDTW.L is 0.85, indicating a strong positive relationship between their price movements. Combining them offers limited diversification - they tend to fall together during downturns.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.85
Correlation (3Y) Calculated over the trailing 3-year period	0.79
Correlation (5Y) Calculated over the trailing 5-year period	0.78
Correlation (All Time) Calculated using the full available price history since Feb 18, 2020	0.75

The correlation between AEME.L and IDTW.L has been stable across timeframes, ranging from 0.75 to 0.85 - a consistent structural relationship.

AEME.L vs. IDTW.L - Sectors Allocation Comparison

Sectors	AEME.L	IDTW.L
Technology	45.9%	80.4%
Financial Services	18.2%	11.9%
Consumer Cyclical	7.4%	1.1%
Industrials	6.2%	1.6%
Communication Services	6.0%	1.3%
Basic Materials	5.4%	2.3%
Energy	3.2%	-
Consumer Defensive	2.5%	0.7%
Healthcare	2.5%	0.7%
Utilities	1.8%	-
Real Estate	0.9%	-

Return for Risk

AEME.L vs. IDTW.L — Risk / Return Rank

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

AEME.L

AEME.L Risk / Return Rank: 60
AEME.L Sharpe Ratio Rank: 60
AEME.L Sortino Ratio Rank: 56
AEME.L Omega Ratio Rank: 60
AEME.L Calmar Ratio Rank: 67
AEME.L Martin Ratio Rank: 60

IDTW.L

IDTW.L Risk / Return Rank: 92
IDTW.L Sharpe Ratio Rank: 93
IDTW.L Sortino Ratio Rank: 89
IDTW.L Omega Ratio Rank: 90
IDTW.L Calmar Ratio Rank: 94
IDTW.L Martin Ratio Rank: 92

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.

AEME.L vs. IDTW.L - Risk-Adjusted Trends 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 MSCI Taiwan UCITS ETF USD (Dist) (IDTW.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.

Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.

	AEME.L	IDTW.L	Difference
Sharpe ratio: Return per unit of total volatility	1.49	2.62	-1.13
Sortino ratio: Return per unit of downside risk	2.06	3.21	-1.15
Omega ratio: Gain probability vs. loss probability	1.27	1.43	-0.16
Calmar ratio: Return relative to maximum drawdown	2.44	5.11	-2.67
Martin ratio: Return relative to average drawdown	7.72	16.36	-8.64

AEME.L vs. IDTW.L - Sharpe Ratio Comparison

The current AEME.L Sharpe Ratio is 1.49, which is lower than the IDTW.L Sharpe Ratio of 2.62. The chart below compares the historical Sharpe Ratios of AEME.L and IDTW.L, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Drawdowns

AEME.L vs. IDTW.L - Drawdown Comparison

The maximum AEME.L drawdown since its inception was -40.09%, smaller than the maximum IDTW.L drawdown of -60.07%. Use the drawdown chart below to compare losses from any high point for AEME.L and IDTW.L.

Drawdown Indicators

	AEME.L	IDTW.L	Difference
Max Drawdown Largest peak-to-trough decline	-40.09%	-60.07%	+19.98%
Max Drawdown (1Y) Largest decline over 1 year	-13.52%	-14.46%	+0.94%
Max Drawdown (3Y) Largest decline over 3 years	-17.14%	-28.24%	+11.10%
Max Drawdown (5Y) Largest decline over 5 years	-35.00%	-40.98%	+5.98%
Max Drawdown (10Y) Largest decline over 10 years	—	-40.98%	—
Current Drawdown Current decline from peak	-10.12%	-14.35%	+4.23%
Average Drawdown Average peak-to-trough decline	-16.40%	-12.59%	-3.81%
Ulcer Index Depth and duration of drawdowns from previous peaks	4.29%	4.52%	-0.23%

Volatility

AEME.L vs. IDTW.L - Volatility Comparison

The current volatility for Amundi Index MSCI Emerging Markets UCITS ETF DR (C) (AEME.L) is 9.36%, while iShares MSCI Taiwan UCITS ETF USD (Dist) (IDTW.L) has a volatility of 12.08%. This indicates that AEME.L experiences smaller price fluctuations and is considered to be less risky than IDTW.L based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	AEME.L	IDTW.L	Difference
Volatility (1M) Calculated over the trailing 1-month period	9.36%	12.08%	-2.72%
Volatility (6M) Calculated over the trailing 6-month period	19.98%	24.76%	-4.78%
Volatility (1Y) Calculated over the trailing 1-year period	22.21%	28.28%	-6.07%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	19.31%	23.96%	-4.65%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	21.89%	22.42%	-0.53%

AEME.L vs. IDTW.L - Expense Ratio Comparison

AEME.L has a 0.20% expense ratio, which is lower than IDTW.L's 0.74% expense ratio.

Dividends

AEME.L vs. IDTW.L - Dividend Comparison

AEME.L has not paid dividends to shareholders, while IDTW.L's dividend yield for the trailing twelve months is around 0.99%.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
AEME.L Amundi Index MSCI Emerging Markets UCITS ETF DR (C)	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
IDTW.L iShares MSCI Taiwan UCITS ETF USD (Dist)	0.99%	1.51%	1.43%	2.09%	3.39%	1.35%	1.73%	2.15%	2.78%	2.70%	3.10%	3.33%

Frequently Asked Questions

Can I hold both AEME.L and IDTW.L in my portfolio?

AEME.L and IDTW.L have a correlation of 0.85, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, AEME.L or IDTW.L?

On fees, AEME.L is cheaper at 0.20% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, AEME.L or IDTW.L?

AEME.L is cheaper with a 0.20% expense ratio, compared with 0.74% for IDTW.L.

What is the main difference between AEME.L and IDTW.L?

AEME.L is categorized as Emerging Markets Equities, while IDTW.L is Technology Equities. AEME.L tracks MSCI EM NR USD, while IDTW.L tracks MSCI Taiwan 20/35 Index (Net) (USD). They also come from different issuers: Amundi and iShares. Their fees differ too: 0.20% for AEME.L and 0.74% for IDTW.L.