AIL.DE vs. PAXG.L

Last updated Apr 3, 2026

Compare and contrast key facts about Air Liquide SA (AIL.DE) and Lyxor MSCI Pacific Ex Japan UCITS (PAXG.L).

PAXG.L is a passively managed fund by Amundi that tracks the performance of the MSCI Pacific Ex Japan NR USD. It was launched on Apr 29, 2015.

Performance

AIL.DE vs. PAXG.L - Performance Comparison

The chart below illustrates the hypothetical performance of a €10,000 investment in Air Liquide SA (AIL.DE) and Lyxor MSCI Pacific Ex Japan UCITS (PAXG.L). The values are adjusted to include any dividend payments, if applicable.

AIL.DE vs. PAXG.L - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019
AIL.DE Air Liquide SA	12.39%	5.45%	-1.53%	34.16%	-2.67%	16.10%	9.17%	35.79%
PAXG.L Lyxor MSCI Pacific Ex Japan UCITS	7.69%	6.45%	12.00%	2.77%	-0.25%	11.24%	-1.92%	14.54%

Different Trading Currencies

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

Returns By Period

In the year-to-date period, AIL.DE achieves a 12.39% return, which is significantly higher than PAXG.L's 7.69% return.

AIL.DE

• 1D: 0.38%
• 1M: 3.93%
• YTD: 12.39%
• 6M: 2.22%
• 1Y: 3.09%
• 3Y*: 10.79%
• 5Y*: 11.34%
• 10Y*: 13.13%

PAXG.L

• 1D: 0.28%
• 1M: -1.16%
• YTD: 7.69%
• 6M: 6.95%
• 1Y: 16.84%
• 3Y*: 8.95%
• 5Y*: 6.15%
• 10Y*: —

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

Return for Risk

AIL.DE vs. PAXG.L — 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: 43
AIL.DE Sharpe Ratio Rank: 45
AIL.DE Sortino Ratio Rank: 37
AIL.DE Omega Ratio Rank: 37
AIL.DE Calmar Ratio Rank: 47
AIL.DE Martin Ratio Rank: 46

PAXG.L

PAXG.L Risk / Return Rank: 76
PAXG.L Sharpe Ratio Rank: 79
PAXG.L Sortino Ratio Rank: 75
PAXG.L Omega Ratio Rank: 81
PAXG.L Calmar Ratio Rank: 73
PAXG.L Martin Ratio Rank: 72

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. PAXG.L - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Air Liquide SA (AIL.DE) and Lyxor MSCI Pacific Ex Japan UCITS (PAXG.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.

	AIL.DE	PAXG.L	Difference
Sharpe ratio Return per unit of total volatility	0.16	1.08	-0.92
Sortino ratio Return per unit of downside risk	0.37	1.43	-1.05
Omega ratio Gain probability vs. loss probability	1.05	1.23	-0.18
Calmar ratio Return relative to maximum drawdown	0.33	1.56	-1.23
Martin ratio Return relative to average drawdown	0.64	6.80	-6.16
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

AIL.DE vs. PAXG.L - Sharpe Ratio Comparison

The current AIL.DE Sharpe Ratio is 0.16, which is lower than the PAXG.L Sharpe Ratio of 1.08. The chart below compares the historical Sharpe Ratios of AIL.DE and PAXG.L, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

Sharpe Ratios by Period

	AIL.DE	PAXG.L	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	0.16	1.08	-0.92
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.59	0.57	+0.02
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.64	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.45	0.62	-0.18

Correlation

The correlation between AIL.DE and PAXG.L is 0.16, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.

Dividends

AIL.DE vs. PAXG.L - Dividend Comparison

AIL.DE's dividend yield for the trailing twelve months is around 1.83%, less than PAXG.L's 3.14% yield.

	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
AIL.DE Air Liquide SA	1.83%	2.06%	1.88%	1.67%	1.97%	1.79%	2.00%	1.90%	2.49%	2.24%	2.49%	2.49%
PAXG.L Lyxor MSCI Pacific Ex Japan UCITS	3.14%	3.38%	5.61%	4.03%	4.47%	3.74%	2.81%	4.03%	0.00%	0.00%	0.00%	0.00%

Drawdowns

AIL.DE vs. PAXG.L - Drawdown Comparison

The maximum AIL.DE drawdown since its inception was -39.86%, which is greater than PAXG.L's maximum drawdown of -33.31%. Use the drawdown chart below to compare losses from any high point for AIL.DE and PAXG.L.

Drawdown Indicators

	AIL.DE	PAXG.L	Difference
Max Drawdown Largest peak-to-trough decline	-39.86%	-30.14%	-9.72%
Max Drawdown (1Y) Largest decline over 1 year	-16.33%	-9.27%	-7.06%
Max Drawdown (5Y) Largest decline over 5 years	-23.46%	-17.58%	-5.88%
Max Drawdown (10Y) Largest decline over 10 years	-30.48%	—	—
Current Drawdown Current decline from peak	-3.01%	-4.30%	+1.29%
Average Drawdown Average peak-to-trough decline	-7.37%	-5.20%	-2.17%
Ulcer Index Depth and duration of drawdowns from previous peaks	8.38%	2.45%	+5.93%

Volatility

AIL.DE vs. PAXG.L - Volatility Comparison

Air Liquide SA (AIL.DE) has a higher volatility of 5.66% compared to Lyxor MSCI Pacific Ex Japan UCITS (PAXG.L) at 4.74%. This indicates that AIL.DE's price experiences larger fluctuations and is considered to be riskier than PAXG.L based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	AIL.DE	PAXG.L	Difference
Volatility (1M) Calculated over the trailing 1-month period	5.66%	4.74%	+0.92%
Volatility (6M) Calculated over the trailing 6-month period	12.78%	8.65%	+4.13%
Volatility (1Y) Calculated over the trailing 1-year period	18.90%	15.53%	+3.37%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	19.05%	18.41%	+0.64%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	20.50%	24.14%	-3.64%