ALAU.L vs. ALAG.L

Last updated Apr 2, 2026

Compare and contrast key facts about Amundi MSCI Em Latin America (ALAU.L) and Amundi MSCI Em Latin America UCITS ETF-C USD (ALAG.L).

ALAU.L and ALAG.L are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. ALAU.L is a passively managed fund by Amundi that tracks the performance of the MSCI EM Latin America NR USD. It was launched on Mar 22, 2018. ALAG.L is a passively managed fund by Amundi that tracks the performance of the MSCI EM Latin America NR USD. It was launched on Mar 22, 2018. Both ALAU.L and ALAG.L are passive ETFs, meaning that they are not actively managed but aim to replicate the performance of the underlying index as closely as possible.

Performance

ALAU.L vs. ALAG.L - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Amundi MSCI Em Latin America (ALAU.L) and Amundi MSCI Em Latin America UCITS ETF-C USD (ALAG.L). The values are adjusted to include any dividend payments, if applicable.

ALAU.L vs. ALAG.L - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
ALAU.L Amundi MSCI Em Latin America	16.73%	54.14%	-26.41%	31.12%	13.78%	-9.59%	-8.76%	9.52%	-8.57%	24.51%
ALAG.L Amundi MSCI Em Latin America UCITS ETF-C USD	16.78%	55.20%	-26.56%	31.70%	8.72%	-9.08%	-14.01%	17.51%	-7.46%	22.99%

Different Trading Currencies

ALAU.L is traded in USD, while ALAG.L is traded in GBp. To make them comparable, the ALAG.L values have been converted to USD using the latest available exchange rates.

Returns By Period

The year-to-date returns for both investments are quite close, with ALAU.L having a 16.73% return and ALAG.L slightly higher at 16.78%. Over the past 10 years, ALAU.L has outperformed ALAG.L with an annualized return of 8.96%, while ALAG.L has yielded a comparatively lower 8.21% annualized return.

ALAU.L

• 1D: 3.15%
• 1M: -0.58%
• YTD: 16.73%
• 6M: 27.99%
• 1Y: 58.51%
• 3Y*: 19.00%
• 5Y*: 13.63%
• 10Y*: 8.96%

ALAG.L

• 1D: 3.10%
• 1M: -1.45%
• YTD: 16.78%
• 6M: 28.10%
• 1Y: 58.12%
• 3Y*: 19.03%
• 5Y*: 13.21%
• 10Y*: 8.21%

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

ALAU.L vs. ALAG.L - Expense Ratio Comparison

Both ALAU.L and ALAG.L have an expense ratio of 0.10%, making them cost-effective options compared to the broader market, where average expense ratios typically range from 0.3% to 0.9%.

ALAU.L

Amundi MSCI Em Latin America

ALAG.L

Amundi MSCI Em Latin America UCITS ETF-C USD

Return for Risk

ALAU.L vs. ALAG.L — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

ALAU.L

ALAU.L Risk / Return Rank: 95
ALAU.L Sharpe Ratio Rank: 96
ALAU.L Sortino Ratio Rank: 96
ALAU.L Omega Ratio Rank: 94
ALAU.L Calmar Ratio Rank: 96
ALAU.L Martin Ratio Rank: 94

ALAG.L

ALAG.L Risk / Return Rank: 96
ALAG.L Sharpe Ratio Rank: 97
ALAG.L Sortino Ratio Rank: 96
ALAG.L Omega Ratio Rank: 95
ALAG.L Calmar Ratio Rank: 97
ALAG.L Martin Ratio Rank: 96

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.

ALAU.L vs. ALAG.L - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Amundi MSCI Em Latin America (ALAU.L) and Amundi MSCI Em Latin America UCITS ETF-C USD (ALAG.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.

	ALAU.L	ALAG.L	Difference
Sharpe ratio Return per unit of total volatility	2.74	2.66	+0.07
Sortino ratio Return per unit of downside risk	3.48	3.20	+0.29
Omega ratio Gain probability vs. loss probability	1.46	1.47	-0.01
Calmar ratio Return relative to maximum drawdown	4.84	4.93	-0.09
Martin ratio Return relative to average drawdown	15.76	15.95	-0.19
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

ALAU.L vs. ALAG.L - Sharpe Ratio Comparison

The current ALAU.L Sharpe Ratio is 2.74, which is comparable to the ALAG.L Sharpe Ratio of 2.66. The chart below compares the historical Sharpe Ratios of ALAU.L and ALAG.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

	ALAU.L	ALAG.L	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	2.74	2.66	+0.07
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.84	0.59	+0.25
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.53	0.31	+0.22
Sharpe Ratio (All Time) Calculated using the full available price history	0.52	0.39	+0.14

Correlation

The correlation between ALAU.L and ALAG.L is 0.41, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.

Dividends

ALAU.L vs. ALAG.L - Dividend Comparison

Neither ALAU.L nor ALAG.L has paid dividends to shareholders.

Tickers have no history of dividend payments

Drawdowns

ALAU.L vs. ALAG.L - Drawdown Comparison

The maximum ALAU.L drawdown since its inception was -51.94%, smaller than the maximum ALAG.L drawdown of -54.68%. Use the drawdown chart below to compare losses from any high point for ALAU.L and ALAG.L.

Drawdown Indicators

	ALAU.L	ALAG.L	Difference
Max Drawdown Largest peak-to-trough decline	-51.94%	-48.94%	-3.00%
Max Drawdown (1Y) Largest decline over 1 year	-11.71%	-10.31%	-1.40%
Max Drawdown (5Y) Largest decline over 5 years	-27.25%	-25.74%	-1.51%
Max Drawdown (10Y) Largest decline over 10 years	-51.94%	-48.94%	-3.00%
Current Drawdown Current decline from peak	-3.92%	-2.12%	-1.80%
Average Drawdown Average peak-to-trough decline	-11.81%	-12.20%	+0.39%
Ulcer Index Depth and duration of drawdowns from previous peaks	3.60%	3.06%	+0.54%

Volatility

ALAU.L vs. ALAG.L - Volatility Comparison

The current volatility for Amundi MSCI Em Latin America (ALAU.L) is 8.89%, while Amundi MSCI Em Latin America UCITS ETF-C USD (ALAG.L) has a volatility of 9.86%. This indicates that ALAU.L experiences smaller price fluctuations and is considered to be less risky than ALAG.L based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	ALAU.L	ALAG.L	Difference
Volatility (1M) Calculated over the trailing 1-month period	8.89%	9.86%	-0.97%
Volatility (6M) Calculated over the trailing 6-month period	16.15%	16.29%	-0.14%
Volatility (1Y) Calculated over the trailing 1-year period	21.74%	21.75%	-0.01%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	30.90%	22.33%	+8.57%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	46.99%	26.34%	+20.65%