ALAG.L vs. INDA.DE
ALAG.L (Amundi MSCI Em Latin America UCITS ETF-C USD) and INDA.DE (Lyxor STOXX Europe 600 Banks UCITS ETF Dist) are both exchange-traded funds - ALAG.L is a Latin America Equities fund tracking the MSCI EM Latin America NR USD, while INDA.DE is a Financials Equities fund tracking the STOXX® Europe 600 Banks. Both are passively managed. Over the past 10 years, ALAG.L returned 8.49%/yr vs 14.99%/yr for INDA.DE. At a 0.33 correlation, their price movements are largely independent. ALAG.L charges 0.10%/yr vs 0.30%/yr for INDA.DE.
Performance
ALAG.L vs. INDA.DE - Performance Comparison
Loading charts...
Different Trading Currencies
ALAG.L is traded in GBp, while INDA.DE is traded in EUR. To make them comparable, the INDA.DE values have been converted to GBp using the latest available exchange rates.
Returns By Period
In the year-to-date period, ALAG.L achieves a 10.55% return, which is significantly higher than INDA.DE's 6.57% return. Over the past 10 years, ALAG.L has underperformed INDA.DE with an annualized return of 8.49%, while INDA.DE has yielded a comparatively higher 14.99% annualized return.
ALAG.L
- 1D
- -0.47%
- 1M
- -7.29%
- YTD
- 10.55%
- 6M
- 11.57%
- 1Y
- 38.28%
- 3Y*
- 10.97%
- 5Y*
- 9.69%
- 10Y*
- 8.49%
INDA.DE
- 1D
- 0.54%
- 1M
- 2.51%
- YTD
- 6.57%
- 6M
- 14.28%
- 1Y
- 43.38%
- 3Y*
- 40.86%
- 5Y*
- 26.74%
- 10Y*
- 14.99%
ALAG.L vs. INDA.DE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
ALAG.L Amundi MSCI Em Latin America UCITS ETF-C USD | 10.55% | 44.31% | -25.31% | 25.10% | 21.74% | -8.24% | -16.56% | 12.56% | -1.55% | 12.30% |
INDA.DE Lyxor STOXX Europe 600 Banks UCITS ETF Dist | 6.57% | 85.83% | 26.96% | 19.60% | 6.70% | 28.23% | -19.47% | 9.32% | -24.38% | 16.27% |
Correlation
The correlation between ALAG.L and INDA.DE is 0.37, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.37 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.37 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.33 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.33 |
Correlation (All Time) Calculated using the full available price history since Feb 24, 2016 | 0.33 |
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Return for Risk
ALAG.L vs. INDA.DE — Risk / Return Rank
ALAG.L
INDA.DE
ALAG.L vs. INDA.DE - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Amundi MSCI Em Latin America UCITS ETF-C USD (ALAG.L) and Lyxor STOXX Europe 600 Banks UCITS ETF Dist (INDA.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.
| ALAG.L | INDA.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.15 | ||
| Sortino ratioReturn per unit of downside risk | +0.09 | ||
| Omega ratioGain probability vs. loss probability | 1.38 | 1.34 | +0.05 |
| Calmar ratioReturn relative to maximum drawdown | 3.62 | 2.97 | +0.65 |
| Martin ratioReturn relative to average drawdown | 10.83 | 10.30 | +0.53 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
Loading charts...
Sharpe Ratios by Period
| ALAG.L | INDA.DE | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 2.22 | 2.06 | +0.15 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.47 | 1.20 | -0.72 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.34 | 0.68 | -0.34 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.40 | 0.21 | +0.19 |
Drawdowns
ALAG.L vs. INDA.DE - Drawdown Comparison
The maximum ALAG.L drawdown since its inception was -48.94%, smaller than the maximum INDA.DE drawdown of -65.38%. Use the drawdown chart below to compare losses from any high point for ALAG.L and INDA.DE.
Loading charts...
Drawdown Indicators
| ALAG.L | INDA.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -48.94% | -65.38% | +16.44% |
Max Drawdown (1Y)Largest decline over 1 year | -10.63% | -15.17% | +4.54% |
Max Drawdown (3Y)Largest decline over 3 years | -25.74% | -18.72% | -7.02% |
Max Drawdown (5Y)Largest decline over 5 years | -25.74% | -29.06% | +3.32% |
Max Drawdown (10Y)Largest decline over 10 years | -48.94% | -54.88% | +5.94% |
Current DrawdownCurrent decline from peak | -10.63% | -1.43% | -9.20% |
Average DrawdownAverage peak-to-trough decline | -12.08% | -22.27% | +10.19% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 3.56% | 4.39% | -0.83% |
Volatility
ALAG.L vs. INDA.DE - Volatility Comparison
The current volatility for Amundi MSCI Em Latin America UCITS ETF-C USD (ALAG.L) is 4.67%, while Lyxor STOXX Europe 600 Banks UCITS ETF Dist (INDA.DE) has a volatility of 5.77%. This indicates that ALAG.L experiences smaller price fluctuations and is considered to be less risky than INDA.DE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| ALAG.L | INDA.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 4.67% | 5.77% | -1.10% |
Volatility (6M)Calculated over the trailing 6-month period | 15.08% | 17.84% | -2.76% |
Volatility (1Y)Calculated over the trailing 1-year period | 17.38% | 21.88% | -4.50% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 20.42% | 23.97% | -3.55% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 24.89% | 25.41% | -0.52% |
ALAG.L vs. INDA.DE - Expense Ratio Comparison
ALAG.L has a 0.10% expense ratio, which is lower than INDA.DE's 0.30% expense ratio.
Dividends
ALAG.L vs. INDA.DE - Dividend Comparison
ALAG.L has not paid dividends to shareholders, while INDA.DE's dividend yield for the trailing twelve months is around 5.05%.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 |
|---|---|---|---|---|---|---|---|---|---|
ALAG.L Amundi MSCI Em Latin America UCITS ETF-C USD | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
INDA.DE Lyxor STOXX Europe 600 Banks UCITS ETF Dist | 5.05% | 5.42% | 5.93% | 1.58% | 5.04% | 3.76% | 1.42% | 4.45% | 4.56% |
Frequently Asked Questions
ALAG.L and INDA.DE have a correlation of 0.37, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, ALAG.L is cheaper at 0.10% per year. The better choice depends on whether you care most about return, fees, risk, or income.
ALAG.L is cheaper with a 0.10% expense ratio, compared with 0.30% for INDA.DE.
ALAG.L is categorized as Latin America Equities, while INDA.DE is Financials Equities. ALAG.L tracks MSCI EM Latin America NR USD, while INDA.DE tracks STOXX® Europe 600 Banks. Their fees differ too: 0.10% for ALAG.L and 0.30% for INDA.DE.
Find the right allocation for ALAG.L and INDA.DE
Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Optimizer