AMEL.DE vs. EDMW.DE
AMEL.DE (Amundi MSCI Emerging Markets Latin America UCITS ETF EUR) and EDMW.DE (iShares MSCI World ESG Enhanced UCITS ETF USD (Acc)) are both exchange-traded funds - AMEL.DE is a Latin America Equities fund tracking the MSCI Emerging Markets Latin America, while EDMW.DE is a Global Equities fund tracking the MSCI World ESG Enhanced Focus. Both are passively managed. Over the past 5 years, AMEL.DE returned 9.48%/yr vs 11.55%/yr for EDMW.DE. At a 0.48 correlation, their price movements are largely independent. Both charge a 0.20% expense ratio.
Performance
AMEL.DE vs. EDMW.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 EDMW.DE's 10.19% 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%
EDMW.DE
- 1D
- 0.06%
- 1M
- 4.92%
- YTD
- 10.19%
- 6M
- 10.70%
- 1Y
- 22.10%
- 3Y*
- 16.27%
- 5Y*
- 11.55%
- 10Y*
- —
AMEL.DE vs. EDMW.DE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | |
|---|---|---|---|---|---|---|---|---|
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% | 8.68% |
EDMW.DE iShares MSCI World ESG Enhanced UCITS ETF USD (Acc) | 10.19% | 6.42% | 25.12% | 18.98% | -15.82% | 33.40% | 6.84% | 12.25% |
Correlation
The correlation between AMEL.DE and EDMW.DE is 0.46, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.46 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.42 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.43 |
Correlation (All Time) Calculated using the full available price history since Apr 23, 2019 | 0.48 |
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Return for Risk
AMEL.DE vs. EDMW.DE — Risk / Return Rank
AMEL.DE
EDMW.DE
AMEL.DE vs. EDMW.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 iShares MSCI World ESG Enhanced UCITS ETF USD (Acc) (EDMW.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 | EDMW.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.03 | ||
| Sortino ratioReturn per unit of downside risk | -0.11 | ||
| Omega ratioGain probability vs. loss probability | 1.33 | 1.36 | -0.03 |
| Calmar ratioReturn relative to maximum drawdown | 3.16 | 3.07 | +0.10 |
| Martin ratioReturn relative to average drawdown | 9.66 | 12.11 | -2.45 |
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 | EDMW.DE | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.90 | 1.93 | -0.03 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.45 | 0.80 | -0.35 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.29 | — | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.12 | 0.78 | -0.66 |
Drawdowns
AMEL.DE vs. EDMW.DE - Drawdown Comparison
The maximum AMEL.DE drawdown since its inception was -52.69%, which is greater than EDMW.DE's maximum drawdown of -33.12%. Use the drawdown chart below to compare losses from any high point for AMEL.DE and EDMW.DE.
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Drawdown Indicators
| AMEL.DE | EDMW.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -52.69% | -33.12% | -19.57% |
Max Drawdown (1Y)Largest decline over 1 year | -10.86% | -7.18% | -3.68% |
Max Drawdown (3Y)Largest decline over 3 years | -25.38% | -21.20% | -4.18% |
Max Drawdown (5Y)Largest decline over 5 years | -25.38% | -21.20% | -4.18% |
Max Drawdown (10Y)Largest decline over 10 years | -51.31% | — | — |
Current DrawdownCurrent decline from peak | -10.86% | -0.32% | -10.54% |
Average DrawdownAverage peak-to-trough decline | -17.89% | -5.12% | -12.77% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 3.57% | 1.82% | +1.75% |
Volatility
AMEL.DE vs. EDMW.DE - Volatility Comparison
Amundi MSCI Emerging Markets Latin America UCITS ETF EUR (AMEL.DE) has a higher volatility of 5.32% compared to iShares MSCI World ESG Enhanced UCITS ETF USD (Acc) (EDMW.DE) at 2.75%. This indicates that AMEL.DE's price experiences larger fluctuations and is considered to be riskier than EDMW.DE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| AMEL.DE | EDMW.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 5.32% | 2.75% | +2.57% |
Volatility (6M)Calculated over the trailing 6-month period | 15.30% | 7.83% | +7.47% |
Volatility (1Y)Calculated over the trailing 1-year period | 18.10% | 11.41% | +6.69% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 20.90% | 14.23% | +6.67% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 25.27% | 16.27% | +9.00% |
AMEL.DE vs. EDMW.DE - Expense Ratio Comparison
Both AMEL.DE and EDMW.DE have an expense ratio of 0.20%, making them cost-effective options compared to the broader market, where average expense ratios typically range from 0.3% to 0.9%.
Dividends
AMEL.DE vs. EDMW.DE - Dividend Comparison
Neither AMEL.DE nor EDMW.DE has paid dividends to shareholders.
Frequently Asked Questions
AMEL.DE and EDMW.DE have a correlation of 0.46, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
Both ETFs have the same 0.20% expense ratio. The better choice depends on whether you care most about return, fees, risk, or income.
AMEL.DE and EDMW.DE have the same expense ratio: 0.20% per year.
AMEL.DE is categorized as Latin America Equities, while EDMW.DE is Global Equities. AMEL.DE tracks MSCI Emerging Markets Latin America, while EDMW.DE tracks MSCI World ESG Enhanced Focus. They also come from different issuers: Amundi and iShares.
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