ALAG.L vs. IUSK.DE
ALAG.L (Amundi MSCI Em Latin America UCITS ETF-C USD) and IUSK.DE (iShares MSCI Europe SRI UCITS ETF (Acc)) are both exchange-traded funds - ALAG.L is a Latin America Equities fund tracking the MSCI EM Latin America NR USD, while IUSK.DE is a Europe Equities fund tracking the MSCI Europe SRI Select Reduced Fossil Fuels. Both are passively managed. Over the past 10 years, ALAG.L returned 8.49%/yr vs 8.91%/yr for IUSK.DE. At a 0.44 correlation, their price movements are largely independent. ALAG.L charges 0.10%/yr vs 0.20%/yr for IUSK.DE.
Performance
ALAG.L vs. IUSK.DE - Performance Comparison
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Different Trading Currencies
ALAG.L is traded in GBp, while IUSK.DE is traded in EUR. To make them comparable, the IUSK.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 IUSK.DE's 5.69% return. Both investments have delivered pretty close results over the past 10 years, with ALAG.L having a 8.49% annualized return and IUSK.DE not far ahead at 8.91%.
ALAG.L
- 1D
- -0.47%
- 1M
- -6.14%
- YTD
- 10.55%
- 6M
- 7.97%
- 1Y
- 38.67%
- 3Y*
- 10.97%
- 5Y*
- 9.69%
- 10Y*
- 8.49%
IUSK.DE
- 1D
- 0.86%
- 1M
- 3.81%
- YTD
- 5.69%
- 6M
- 7.34%
- 1Y
- 8.22%
- 3Y*
- 7.18%
- 5Y*
- 5.50%
- 10Y*
- 8.91%
ALAG.L vs. IUSK.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% |
IUSK.DE iShares MSCI Europe SRI UCITS ETF (Acc) | 5.69% | 9.36% | 0.77% | 14.13% | -10.54% | 17.79% | 9.89% | 24.08% | -6.39% | 16.17% |
Correlation
The correlation between ALAG.L and IUSK.DE is 0.38, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.38 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.41 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.37 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.44 |
Correlation (All Time) Calculated using the full available price history since Feb 24, 2016 | 0.44 |
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Return for Risk
ALAG.L vs. IUSK.DE — Risk / Return Rank
ALAG.L
IUSK.DE
ALAG.L vs. IUSK.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 iShares MSCI Europe SRI UCITS ETF (Acc) (IUSK.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 | IUSK.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +1.60 | ||
| Sortino ratioReturn per unit of downside risk | +1.95 | ||
| Omega ratioGain probability vs. loss probability | 1.38 | 1.12 | +0.27 |
| Calmar ratioReturn relative to maximum drawdown | 3.62 | 0.75 | +2.88 |
| Martin ratioReturn relative to average drawdown | 10.83 | 2.43 | +8.39 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| ALAG.L | IUSK.DE | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 2.22 | 0.62 | +1.60 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.47 | 0.37 | +0.10 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.34 | 0.58 | -0.24 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.40 | 0.49 | -0.09 |
Drawdowns
ALAG.L vs. IUSK.DE - Drawdown Comparison
The maximum ALAG.L drawdown since its inception was -48.94%, which is greater than IUSK.DE's maximum drawdown of -25.54%. Use the drawdown chart below to compare losses from any high point for ALAG.L and IUSK.DE.
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Drawdown Indicators
| ALAG.L | IUSK.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -48.94% | -25.54% | -23.40% |
Max Drawdown (1Y)Largest decline over 1 year | -10.63% | -10.99% | +0.36% |
Max Drawdown (3Y)Largest decline over 3 years | -25.74% | -15.69% | -10.05% |
Max Drawdown (5Y)Largest decline over 5 years | -25.74% | -20.74% | -5.00% |
Max Drawdown (10Y)Largest decline over 10 years | -48.94% | -25.54% | -23.40% |
Current DrawdownCurrent decline from peak | -10.63% | -0.50% | -10.13% |
Average DrawdownAverage peak-to-trough decline | -12.08% | -5.17% | -6.91% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 3.56% | 3.38% | +0.18% |
Volatility
ALAG.L vs. IUSK.DE - Volatility Comparison
Amundi MSCI Em Latin America UCITS ETF-C USD (ALAG.L) has a higher volatility of 4.67% compared to iShares MSCI Europe SRI UCITS ETF (Acc) (IUSK.DE) at 3.99%. This indicates that ALAG.L's price experiences larger fluctuations and is considered to be riskier than IUSK.DE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| ALAG.L | IUSK.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 4.67% | 3.99% | +0.68% |
Volatility (6M)Calculated over the trailing 6-month period | 15.08% | 11.00% | +4.08% |
Volatility (1Y)Calculated over the trailing 1-year period | 17.38% | 13.28% | +4.10% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 20.42% | 14.57% | +5.85% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 24.89% | 15.20% | +9.69% |
ALAG.L vs. IUSK.DE - Expense Ratio Comparison
ALAG.L has a 0.10% expense ratio, which is lower than IUSK.DE's 0.20% expense ratio. Despite the difference, both funds are considered low-cost compared to the broader market, where average expense ratios usually range from 0.3% to 0.9%.
Dividends
ALAG.L vs. IUSK.DE - Dividend Comparison
Neither ALAG.L nor IUSK.DE has paid dividends to shareholders.
Frequently Asked Questions
ALAG.L and IUSK.DE have a correlation of 0.38, 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 0.20% for IUSK.DE.
ALAG.L is categorized as Latin America Equities, while IUSK.DE is Europe Equities. ALAG.L tracks MSCI EM Latin America NR USD, while IUSK.DE tracks MSCI Europe SRI Select Reduced Fossil Fuels. They also come from different issuers: Amundi and iShares. Their fees differ too: 0.10% for ALAG.L and 0.20% for IUSK.DE.
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