AEME.L vs. LYY0.DE

Last updated Jun 5, 2026

AEME.L (Amundi Index MSCI Emerging Markets UCITS ETF DR (C)) and LYY0.DE (Amundi MSCI All Country World UCITS ETF EUR Acc) are both exchange-traded funds - AEME.L is a Emerging Markets Equities fund tracking the MSCI EM NR USD, while LYY0.DE is a Global Equities fund tracking the MSCI All Country World (ACWI). Both are passively managed. Over the past 5 years, AEME.L returned 7.32%/yr vs 11.12%/yr for LYY0.DE. A 0.72 correlation means they provide meaningful diversification when combined. AEME.L charges 0.20%/yr vs 0.45%/yr for LYY0.DE.

Performance

AEME.L vs. LYY0.DE - 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 Amundi MSCI All Country World UCITS ETF EUR Acc (LYY0.DE). The values are adjusted to include any dividend payments, if applicable.

Different Trading Currencies

AEME.L is traded in USD, while LYY0.DE is traded in EUR. To make them comparable, the LYY0.DE values have been converted to USD using the latest available exchange rates.

Returns By Period

In the year-to-date period, AEME.L achieves a 26.36% return, which is significantly higher than LYY0.DE's 11.22% return.

AEME.L

• 1D: -1.56%
• 1M: 2.75%
• YTD: 26.36%
• 6M: 27.93%
• 1Y: 51.55%
• 3Y*: 24.01%
• 5Y*: 7.32%
• 10Y*: —

LYY0.DE

• 1D: -0.14%
• 1M: 2.51%
• YTD: 11.22%
• 6M: 12.45%
• 1Y: 27.94%
• 3Y*: 20.96%
• 5Y*: 11.12%
• 10Y*: 12.50%

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

AEME.L vs. LYY0.DE - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021
AEME.L Amundi Index MSCI Emerging Markets UCITS ETF DR (C)	26.36%	34.94%	6.72%	8.41%	-19.84%	-9.55%
LYY0.DE Amundi MSCI All Country World UCITS ETF EUR Acc	11.22%	22.86%	17.42%	22.03%	-18.74%	15.51%

Correlation

The correlation between AEME.L and LYY0.DE is 0.74, 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	0.74
Correlation (3Y) Calculated over the trailing 3-year period	0.71
Correlation (5Y) Calculated over the trailing 5-year period	0.71
Correlation (All Time) Calculated using the full available price history since Feb 3, 2021	0.72

The correlation between AEME.L and LYY0.DE has been stable across timeframes, ranging from 0.71 to 0.74 - a consistent structural relationship.

Return for Risk

AEME.L vs. LYY0.DE — 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: 80
AEME.L Sharpe Ratio Rank: 84
AEME.L Sortino Ratio Rank: 81
AEME.L Omega Ratio Rank: 82
AEME.L Calmar Ratio Rank: 77
AEME.L Martin Ratio Rank: 77

LYY0.DE

LYY0.DE Risk / Return Rank: 75
LYY0.DE Sharpe Ratio Rank: 71
LYY0.DE Sortino Ratio Rank: 72
LYY0.DE Omega Ratio Rank: 74
LYY0.DE Calmar Ratio Rank: 79
LYY0.DE Martin Ratio Rank: 82

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. LYY0.DE - 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 Amundi MSCI All Country World UCITS ETF EUR Acc (LYY0.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.

	AEME.L	LYY0.DE	Difference
Sharpe ratio: Return per unit of total volatility	2.70	2.33	+0.37
Sortino ratio: Return per unit of downside risk	3.57	3.38	+0.19
Omega ratio: Gain probability vs. loss probability	1.48	1.42	+0.07
Calmar ratio: Return relative to maximum drawdown	3.91	3.19	+0.72
Martin ratio: Return relative to average drawdown	14.49	13.58	+0.91
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

AEME.L vs. LYY0.DE - Sharpe Ratio Comparison

The current AEME.L Sharpe Ratio is 2.70, which is comparable to the LYY0.DE Sharpe Ratio of 2.33. The chart below compares the historical Sharpe Ratios of AEME.L and LYY0.DE, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Sharpe Ratios by Period

	AEME.L	LYY0.DE	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	2.70	2.33	+0.37
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.39	0.71	-0.32
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	—	0.78	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.37	0.76	-0.39

Drawdowns

AEME.L vs. LYY0.DE - Drawdown Comparison

The maximum AEME.L drawdown since its inception was -40.09%, which is greater than LYY0.DE's maximum drawdown of -33.75%. Use the drawdown chart below to compare losses from any high point for AEME.L and LYY0.DE.

Drawdown Indicators

	AEME.L	LYY0.DE	Difference
Max Drawdown Largest peak-to-trough decline	-40.09%	-33.75%	-6.34%
Max Drawdown (1Y) Largest decline over 1 year	-13.52%	-8.90%	-4.62%
Max Drawdown (3Y) Largest decline over 3 years	-17.13%	-17.52%	+0.39%
Max Drawdown (5Y) Largest decline over 5 years	-37.07%	-26.28%	-10.79%
Max Drawdown (10Y) Largest decline over 10 years	—	-33.75%	—
Current Drawdown Current decline from peak	-2.74%	-0.82%	-1.92%
Average Drawdown Average peak-to-trough decline	-17.95%	-4.91%	-13.04%
Ulcer Index Depth and duration of drawdowns from previous peaks	3.66%	2.09%	+1.57%

Volatility

AEME.L vs. LYY0.DE - Volatility Comparison

Amundi Index MSCI Emerging Markets UCITS ETF DR (C) (AEME.L) has a higher volatility of 8.57% compared to Amundi MSCI All Country World UCITS ETF EUR Acc (LYY0.DE) at 3.48%. This indicates that AEME.L's price experiences larger fluctuations and is considered to be riskier than LYY0.DE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	AEME.L	LYY0.DE	Difference
Volatility (1M) Calculated over the trailing 1-month period	8.57%	3.48%	+5.09%
Volatility (6M) Calculated over the trailing 6-month period	16.83%	9.32%	+7.51%
Volatility (1Y) Calculated over the trailing 1-year period	19.59%	12.19%	+7.40%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	18.72%	15.43%	+3.29%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	18.71%	15.89%	+2.82%

AEME.L vs. LYY0.DE - Expense Ratio Comparison

AEME.L has a 0.20% expense ratio, which is lower than LYY0.DE's 0.45% expense ratio.

Dividends

AEME.L vs. LYY0.DE - Dividend Comparison

Neither AEME.L nor LYY0.DE has paid dividends to shareholders.

Tickers have no history of dividend payments

Frequently Asked Questions

Can I hold both AEME.L and LYY0.DE in my portfolio?

AEME.L and LYY0.DE have a correlation of 0.74, 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 LYY0.DE?

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 LYY0.DE?

AEME.L is cheaper with a 0.20% expense ratio, compared with 0.45% for LYY0.DE.

What is the main difference between AEME.L and LYY0.DE?

AEME.L is categorized as Emerging Markets Equities, while LYY0.DE is Global Equities. AEME.L tracks MSCI EM NR USD, while LYY0.DE tracks MSCI All Country World (ACWI). Their fees differ too: 0.20% for AEME.L and 0.45% for LYY0.DE.