AMEC.DE vs. AHYQ.DE
AMEC.DE (Amundi Index Smart City UCITS ETF) and AHYQ.DE (Amundi MSCI World III UCITS ETF Dist) are both Global Equities funds from Amundi - AMEC.DE tracks the Solactive Smart City while AHYQ.DE tracks the MSCI World. Both are passively managed. Over the past 5 years, AMEC.DE returned 6.68%/yr vs 12.23%/yr for AHYQ.DE. A 0.80 correlation means they provide meaningful diversification when combined. AMEC.DE charges 0.35%/yr vs 0.20%/yr for AHYQ.DE.
Performance
AMEC.DE vs. AHYQ.DE - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, AMEC.DE achieves a 30.58% return, which is significantly higher than AHYQ.DE's 10.93% return.
AMEC.DE
- 1D
- -1.34%
- 1M
- 10.78%
- YTD
- 30.58%
- 6M
- 29.29%
- 1Y
- 46.14%
- 3Y*
- 17.35%
- 5Y*
- 6.68%
- 10Y*
- —
AHYQ.DE
- 1D
- -0.03%
- 1M
- 4.91%
- YTD
- 10.93%
- 6M
- 11.19%
- 1Y
- 23.74%
- 3Y*
- 17.53%
- 5Y*
- 12.23%
- 10Y*
- 11.90%
AMEC.DE vs. AHYQ.DE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | |
|---|---|---|---|---|---|---|---|---|
AMEC.DE Amundi Index Smart City UCITS ETF | 30.58% | 9.65% | 16.27% | 1.43% | -18.74% | 9.30% | 9.10% | 3.62% |
AHYQ.DE Amundi MSCI World III UCITS ETF Dist | 10.93% | 7.92% | 25.91% | 20.09% | -15.16% | 31.20% | 3.93% | 4.06% |
Correlation
The correlation between AMEC.DE and AHYQ.DE is 0.83, indicating a strong positive relationship between their price movements. Combining them offers limited diversification - they tend to fall together during downturns.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.83 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.80 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.78 |
Correlation (All Time) Calculated using the full available price history since Dec 4, 2019 | 0.80 |
The correlation between AMEC.DE and AHYQ.DE has been stable across timeframes, ranging from 0.78 to 0.83 - a consistent structural relationship.
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
AMEC.DE vs. AHYQ.DE — Risk / Return Rank
AMEC.DE
AHYQ.DE
AMEC.DE vs. AHYQ.DE - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Amundi Index Smart City UCITS ETF (AMEC.DE) and Amundi MSCI World III UCITS ETF Dist (AHYQ.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.
| AMEC.DE | AHYQ.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.55 | ||
| Sortino ratioReturn per unit of downside risk | +0.73 | ||
| Omega ratioGain probability vs. loss probability | 1.45 | 1.39 | +0.06 |
| Calmar ratioReturn relative to maximum drawdown | 5.09 | 3.58 | +1.51 |
| Martin ratioReturn relative to average drawdown | 16.11 | 14.39 | +1.72 |
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
| AMEC.DE | AHYQ.DE | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 2.65 | 2.09 | +0.55 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.38 | 0.84 | -0.47 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | — | 0.77 | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.44 | 0.81 | -0.38 |
Drawdowns
AMEC.DE vs. AHYQ.DE - Drawdown Comparison
The maximum AMEC.DE drawdown since its inception was -35.49%, which is greater than AHYQ.DE's maximum drawdown of -33.70%. Use the drawdown chart below to compare losses from any high point for AMEC.DE and AHYQ.DE.
Loading charts...
Drawdown Indicators
| AMEC.DE | AHYQ.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -35.49% | -33.70% | -1.79% |
Max Drawdown (1Y)Largest decline over 1 year | -9.02% | -6.60% | -2.42% |
Max Drawdown (3Y)Largest decline over 3 years | -24.98% | -21.77% | -3.21% |
Max Drawdown (5Y)Largest decline over 5 years | -27.33% | -21.77% | -5.56% |
Max Drawdown (10Y)Largest decline over 10 years | — | -33.70% | — |
Current DrawdownCurrent decline from peak | -1.34% | -0.37% | -0.97% |
Average DrawdownAverage peak-to-trough decline | -11.50% | -4.49% | -7.01% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.86% | 1.65% | +1.21% |
Volatility
AMEC.DE vs. AHYQ.DE - Volatility Comparison
Amundi Index Smart City UCITS ETF (AMEC.DE) has a higher volatility of 6.73% compared to Amundi MSCI World III UCITS ETF Dist (AHYQ.DE) at 2.64%. This indicates that AMEC.DE's price experiences larger fluctuations and is considered to be riskier than AHYQ.DE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| AMEC.DE | AHYQ.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 6.73% | 2.64% | +4.09% |
Volatility (6M)Calculated over the trailing 6-month period | 13.09% | 7.77% | +5.32% |
Volatility (1Y)Calculated over the trailing 1-year period | 17.36% | 11.28% | +6.08% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 17.51% | 14.33% | +3.18% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 19.22% | 15.29% | +3.93% |
AMEC.DE vs. AHYQ.DE - Expense Ratio Comparison
AMEC.DE has a 0.35% expense ratio, which is higher than AHYQ.DE's 0.20% expense ratio.
Dividends
AMEC.DE vs. AHYQ.DE - Dividend Comparison
AMEC.DE has not paid dividends to shareholders, while AHYQ.DE's dividend yield for the trailing twelve months is around 1.06%.
| Position | TTM | 2025 | 2024 | 2023 |
|---|---|---|---|---|
AHYQ.DE Amundi MSCI World III UCITS ETF Dist | 1.06% | 1.18% | 1.65% | 1.78% |
AMEC.DE Amundi Index Smart City UCITS ETF | 0.00% | 0.00% | 0.00% | 0.00% |
Frequently Asked Questions
AMEC.DE and AHYQ.DE have a correlation of 0.83, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, AHYQ.DE is cheaper at 0.20% per year. The better choice depends on whether you care most about return, fees, risk, or income.
AHYQ.DE is cheaper with a 0.20% expense ratio, compared with 0.35% for AMEC.DE.
AMEC.DE tracks Solactive Smart City, while AHYQ.DE tracks MSCI World. Their fees differ too: 0.35% for AMEC.DE and 0.20% for AHYQ.DE.
Find the right allocation for AMEC.DE and AHYQ.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