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AIL.DE vs. AMEA.DE
Performance
Return for Risk
Drawdowns
Volatility
Dividends

AIL.DE vs. AMEA.DE

Last updated Jun 26, 2026

AIL.DE (Air Liquide SA) is a stock, while AMEA.DE (Amundi MSCI Emerging Markets Asia UCITS ETF EUR) is Asia Pacific Equities fund tracking the MSCI Emerging Markets Asia. Over the past 10 years, AIL.DE returned 19.88%/yr vs 11.46%/yr for AMEA.DE. At a 0.34 correlation, their price movements are largely independent.

Performance

AIL.DE vs. AMEA.DE - Performance Comparison

The chart below illustrates the hypothetical performance of a €10,000 investment in Air Liquide SA (AIL.DE) and Amundi MSCI Emerging Markets Asia UCITS ETF EUR (AMEA.DE). The values are adjusted to include any dividend payments, if applicable.

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Returns By Period

The year-to-date returns for both investments are quite close, with AIL.DE having a 31.97% return and AMEA.DE slightly higher at 33.21%. Over the past 10 years, AIL.DE has outperformed AMEA.DE with an annualized return of 19.88%, while AMEA.DE has yielded a comparatively lower 11.46% annualized return.

AIL.DE

1D
1.01%
1M
3.64%
YTD
31.97%
6M
32.60%
1Y
21.35%
3Y*
18.82%
5Y*
17.76%
10Y*
19.88%

AMEA.DE

1D
0.55%
1M
2.88%
YTD
33.21%
6M
35.88%
1Y
52.79%
3Y*
24.05%
5Y*
8.74%
10Y*
11.46%
*Multi-year figures are annualized to reflect compound growth (CAGR)

AIL.DE vs. AMEA.DE - Yearly Performance Comparison

2026 (YTD)202520242023202220212020201920182017
AIL.DE
Air Liquide SA		31.97%5.64%8.44%34.97%8.04%16.88%10.01%48.66%4.49%15.05%
AMEA.DE
Amundi MSCI Emerging Markets Asia UCITS ETF EUR		33.21%18.02%18.95%3.13%-15.22%1.46%15.62%22.11%-12.33%25.52%

Correlation

The correlation between AIL.DE and AMEA.DE is 0.11, which is low. Their price movements are largely independent, making them effective diversification partners.

Correlation
Correlation (1Y)
Calculated over the trailing 1-year period

0.11

Correlation (3Y)
Calculated over the trailing 3-year period

0.23

Correlation (5Y)
Calculated over the trailing 5-year period

0.26

Correlation (10Y)
Calculated over the trailing 10-year period

0.31

Correlation (All Time)
Calculated using the full available price history since Dec 1, 2011

0.34

Over the past year, the correlation between AIL.DE and AMEA.DE has dropped to 0.11 - well below their long-term average of 0.34, suggesting their price drivers have been diverging.

Compare stocks, funds, or ETFs

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Air Liquide SA

Amundi MSCI Emerging Markets Asia UCITS ETF EUR

Often compared with AIL.DE:
AIL.DE vs. 0OFM.LAIL.DE vs. SPYAIL.DE vs. TTEAIL.DE vs. PAXG.LAIL.DE vs. NVOAIL.DE vs. COSTAIL.DE vs. ^GSPC
Often compared with AMEA.DE:
AMEA.DE vs. CEBL.DEAMEA.DE vs. LCUA.DEAMEA.DE vs. XZEM.DEAMEA.DE vs. EXXT.DEAMEA.DE vs. 18MK.DEAMEA.DE vs. LYY0.DEAMEA.DE vs. AMEW.DE

Return for Risk

AIL.DE vs. AMEA.DE — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.
AIL.DE
AIL.DE Risk / Return Rank: 7171
Overall Rank
AIL.DE Sharpe Ratio Rank: 7373
Sharpe Ratio Rank
AIL.DE Sortino Ratio Rank: 7474
Sortino Ratio Rank
AIL.DE Omega Ratio Rank: 7272
Omega Ratio Rank
AIL.DE Calmar Ratio Rank: 6969
Calmar Ratio Rank
AIL.DE Martin Ratio Rank: 6868
Martin Ratio Rank
AMEA.DE
AMEA.DE Risk / Return Rank: 8686
Overall Rank
AMEA.DE Sharpe Ratio Rank: 8888
Sharpe Ratio Rank
AMEA.DE Sortino Ratio Rank: 8383
Sortino Ratio Rank
AMEA.DE Omega Ratio Rank: 8585
Omega Ratio Rank
AMEA.DE Calmar Ratio Rank: 8888
Calmar Ratio Rank
AMEA.DE Martin Ratio Rank: 8585
Martin Ratio Rank
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.

AIL.DE vs. AMEA.DE - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Air Liquide SA (AIL.DE) and Amundi MSCI Emerging Markets Asia UCITS ETF EUR (AMEA.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.

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.

AIL.DEAMEA.DEDifference
Sharpe ratioReturn per unit of total volatility
0.99
2.52

-1.53

Sortino ratioReturn per unit of downside risk
1.83
3.24

-1.41

Omega ratioGain probability vs. loss probability

1.22

1.45

-0.23

Calmar ratioReturn relative to maximum drawdown

1.34

4.54

-3.20

Martin ratioReturn relative to average drawdown

2.83

15.54

-12.72

AIL.DE vs. AMEA.DE - Sharpe Ratio Comparison

The current AIL.DE Sharpe Ratio is 0.99, which is lower than the AMEA.DE Sharpe Ratio of 2.52. The chart below compares the historical Sharpe Ratios of AIL.DE and AMEA.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.

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Drawdowns

AIL.DE vs. AMEA.DE - Drawdown Comparison

The maximum AIL.DE drawdown since its inception was -42.52%, which is greater than AMEA.DE's maximum drawdown of -35.43%. Use the drawdown chart below to compare losses from any high point for AIL.DE and AMEA.DE.

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Drawdown Indicators

AIL.DEAMEA.DEDifference

Max Drawdown

Largest peak-to-trough decline

-42.52%

-35.43%

-7.09%

Max Drawdown (1Y)

Largest decline over 1 year

-15.87%

-11.58%

-4.29%

Max Drawdown (3Y)

Largest decline over 3 years

-16.33%

-20.46%

+4.13%

Max Drawdown (5Y)

Largest decline over 5 years

-22.17%

-28.77%

+6.60%

Max Drawdown (10Y)

Largest decline over 10 years

-30.49%

-33.29%

+2.80%

Current Drawdown

Current decline from peak

0.00%

-4.66%

+4.66%

Average Drawdown

Average peak-to-trough decline

-8.73%

-10.79%

+2.06%

Ulcer Index

Depth and duration of drawdowns from previous peaks

7.53%

3.39%

+4.14%

Volatility

AIL.DE vs. AMEA.DE - Volatility Comparison

The current volatility for Air Liquide SA (AIL.DE) is 5.64%, while Amundi MSCI Emerging Markets Asia UCITS ETF EUR (AMEA.DE) has a volatility of 9.89%. This indicates that AIL.DE experiences smaller price fluctuations and is considered to be less risky than AMEA.DE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

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Volatility by Period

AIL.DEAMEA.DEDifference

Volatility (1M)

Calculated over the trailing 1-month period

5.64%

9.89%

-4.25%

Volatility (6M)

Calculated over the trailing 6-month period

18.57%

18.14%

+0.43%

Volatility (1Y)

Calculated over the trailing 1-year period

21.60%

20.85%

+0.75%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

21.08%

18.65%

+2.43%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

28.17%

19.09%

+9.08%

Dividends

AIL.DE vs. AMEA.DE - Dividend Comparison

AIL.DE's dividend yield for the trailing twelve months is around 1.96%, while AMEA.DE has not paid dividends to shareholders.

PositionTTM20252024202320222021202020192018201720162015
AIL.DE
Air Liquide SA		1.96%2.26%2.06%2.02%2.38%2.38%2.67%2.54%3.65%3.28%3.65%3.65%
AMEA.DE
Amundi MSCI Emerging Markets Asia UCITS ETF EUR		0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%

Frequently Asked Questions

AIL.DE and AMEA.DE have a correlation of 0.11, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

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