AMEL.DE vs. DBXD.DE
AMEL.DE (Amundi MSCI Emerging Markets Latin America UCITS ETF EUR) and DBXD.DE (Xtrackers DAX UCITS ETF 1C) are both exchange-traded funds - AMEL.DE is a Latin America Equities fund tracking the MSCI Emerging Markets Latin America, while DBXD.DE is a Europe Equities fund tracking the DAX®. Both are passively managed. Over the past 10 years, AMEL.DE returned 7.43%/yr vs 8.92%/yr for DBXD.DE. At a 0.49 correlation, their price movements are largely independent. AMEL.DE charges 0.20%/yr vs 0.09%/yr for DBXD.DE.
Performance
AMEL.DE vs. DBXD.DE - Performance Comparison
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Returns By Period
In the year-to-date period, AMEL.DE achieves a 10.83% return, which is significantly higher than DBXD.DE's 1.35% return. Over the past 10 years, AMEL.DE has underperformed DBXD.DE with an annualized return of 7.43%, while DBXD.DE has yielded a comparatively higher 8.92% annualized return.
AMEL.DE
- 1D
- -0.86%
- 1M
- -7.22%
- YTD
- 10.83%
- 6M
- 8.65%
- 1Y
- 34.54%
- 3Y*
- 10.77%
- 5Y*
- 9.48%
- 10Y*
- 7.43%
DBXD.DE
- 1D
- 0.50%
- 1M
- 2.02%
- YTD
- 1.35%
- 6M
- 3.97%
- 1Y
- 2.31%
- 3Y*
- 15.51%
- 5Y*
- 9.16%
- 10Y*
- 8.92%
AMEL.DE vs. DBXD.DE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
AMEL.DE Amundi MSCI Emerging Markets Latin America UCITS ETF EUR | 10.83% | 38.06% | -22.22% | 28.09% | 16.34% | -3.21% | -21.29% | 20.69% | -3.27% | 8.15% |
DBXD.DE Xtrackers DAX UCITS ETF 1C | 1.35% | 22.65% | 18.18% | 19.60% | -12.74% | 15.26% | 3.11% | 24.69% | -18.52% | 12.12% |
Correlation
The correlation between AMEL.DE and DBXD.DE is 0.42, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.42 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.41 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.41 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.46 |
Correlation (All Time) Calculated using the full available price history since Dec 1, 2011 | 0.49 |
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Return for Risk
AMEL.DE vs. DBXD.DE — Risk / Return Rank
AMEL.DE
DBXD.DE
AMEL.DE vs. DBXD.DE - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Amundi MSCI Emerging Markets Latin America UCITS ETF EUR (AMEL.DE) and Xtrackers DAX UCITS ETF 1C (DBXD.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.
| AMEL.DE | DBXD.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +1.76 | ||
| Sortino ratioReturn per unit of downside risk | +2.27 | ||
| Omega ratioGain probability vs. loss probability | 1.33 | 1.04 | +0.29 |
| Calmar ratioReturn relative to maximum drawdown | 3.16 | 0.19 | +2.98 |
| Martin ratioReturn relative to average drawdown | 9.66 | 0.58 | +9.08 |
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
| AMEL.DE | DBXD.DE | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.90 | 0.14 | +1.76 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.45 | 0.53 | -0.08 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.29 | 0.48 | -0.19 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.12 | 0.31 | -0.19 |
Drawdowns
AMEL.DE vs. DBXD.DE - Drawdown Comparison
The maximum AMEL.DE drawdown since its inception was -52.69%, roughly equal to the maximum DBXD.DE drawdown of -54.98%. Use the drawdown chart below to compare losses from any high point for AMEL.DE and DBXD.DE.
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Drawdown Indicators
| AMEL.DE | DBXD.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -52.69% | -54.98% | +2.29% |
Max Drawdown (1Y)Largest decline over 1 year | -10.86% | -12.28% | +1.42% |
Max Drawdown (3Y)Largest decline over 3 years | -25.38% | -15.92% | -9.46% |
Max Drawdown (5Y)Largest decline over 5 years | -25.38% | -26.70% | +1.32% |
Max Drawdown (10Y)Largest decline over 10 years | -51.31% | -38.83% | -12.48% |
Current DrawdownCurrent decline from peak | -10.86% | -2.23% | -8.63% |
Average DrawdownAverage peak-to-trough decline | -17.89% | -11.34% | -6.55% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 3.57% | 3.97% | -0.40% |
Volatility
AMEL.DE vs. DBXD.DE - Volatility Comparison
Amundi MSCI Emerging Markets Latin America UCITS ETF EUR (AMEL.DE) and Xtrackers DAX UCITS ETF 1C (DBXD.DE) have volatilities of 5.32% and 5.10%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| AMEL.DE | DBXD.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 5.32% | 5.10% | +0.22% |
Volatility (6M)Calculated over the trailing 6-month period | 15.30% | 12.95% | +2.35% |
Volatility (1Y)Calculated over the trailing 1-year period | 18.10% | 16.13% | +1.97% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 20.90% | 17.16% | +3.74% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 25.27% | 18.35% | +6.92% |
AMEL.DE vs. DBXD.DE - Expense Ratio Comparison
AMEL.DE has a 0.20% expense ratio, which is higher than DBXD.DE's 0.09% expense ratio. However, both funds are considered low-cost compared to the broader market, where average expense ratios usually range from 0.3% to 0.9%.
Dividends
AMEL.DE vs. DBXD.DE - Dividend Comparison
Neither AMEL.DE nor DBXD.DE has paid dividends to shareholders.
Frequently Asked Questions
AMEL.DE and DBXD.DE have a correlation of 0.42, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, DBXD.DE is cheaper at 0.09% per year. The better choice depends on whether you care most about return, fees, risk, or income.
DBXD.DE is cheaper with a 0.09% expense ratio, compared with 0.20% for AMEL.DE.
AMEL.DE is categorized as Latin America Equities, while DBXD.DE is Europe Equities. AMEL.DE tracks MSCI Emerging Markets Latin America, while DBXD.DE tracks DAX®. They also come from different issuers: Amundi and Xtrackers. Their fees differ too: 0.20% for AMEL.DE and 0.09% for DBXD.DE.
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