AMEL.DE vs. EXV8.DE
AMEL.DE (Amundi MSCI Emerging Markets Latin America UCITS ETF EUR) and EXV8.DE (iShares STOXX Europe 600 Construction & Materials UCITS ETF (DE)) are both exchange-traded funds - AMEL.DE is a Latin America Equities fund tracking the MSCI Emerging Markets Latin America, while EXV8.DE is a Industrials Equities fund tracking the STOXX® Europe 600 Construction & Materials. Both are passively managed. Over the past 10 years, AMEL.DE returned 7.37%/yr vs 11.53%/yr for EXV8.DE. At a 0.48 correlation, their price movements are largely independent. AMEL.DE charges 0.20%/yr vs 0.46%/yr for EXV8.DE.
Performance
AMEL.DE vs. EXV8.DE - Performance Comparison
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Returns By Period
In the year-to-date period, AMEL.DE achieves a 14.06% return, which is significantly higher than EXV8.DE's 4.75% return. Over the past 10 years, AMEL.DE has underperformed EXV8.DE with an annualized return of 7.37%, while EXV8.DE has yielded a comparatively higher 11.53% annualized return.
AMEL.DE
- 1D
- 0.53%
- 1M
- -1.29%
- YTD
- 14.06%
- 6M
- 15.33%
- 1Y
- 38.03%
- 3Y*
- 10.73%
- 5Y*
- 9.52%
- 10Y*
- 7.37%
EXV8.DE
- 1D
- -1.16%
- 1M
- 2.09%
- YTD
- 4.75%
- 6M
- 5.22%
- 1Y
- 10.65%
- 3Y*
- 17.02%
- 5Y*
- 9.73%
- 10Y*
- 11.53%
AMEL.DE vs. EXV8.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 | 14.06% | 38.05% | -22.20% | 28.15% | 16.33% | -3.25% | -21.25% | 20.70% | -3.30% | 8.15% |
EXV8.DE iShares STOXX Europe 600 Construction & Materials UCITS ETF (DE) | 4.75% | 23.85% | 6.42% | 33.57% | -19.90% | 32.25% | -2.02% | 42.92% | -18.62% | 10.41% |
Correlation
The correlation between AMEL.DE and EXV8.DE is 0.49, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.49 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.44 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.40 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.44 |
Correlation (All Time) Calculated using the full available price history since Nov 30, 2011 | 0.48 |
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Return for Risk
AMEL.DE vs. EXV8.DE — Risk / Return Rank
AMEL.DE
EXV8.DE
AMEL.DE vs. EXV8.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 STOXX Europe 600 Construction & Materials UCITS ETF (DE) (EXV8.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.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| AMEL.DE | EXV8.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +1.46 | ||
| Sortino ratioReturn per unit of downside risk | +1.78 | ||
| Omega ratioGain probability vs. loss probability | 1.34 | 1.11 | +0.23 |
| Calmar ratioReturn relative to maximum drawdown | 2.87 | 0.69 | +2.18 |
| Martin ratioReturn relative to average drawdown | 8.71 | 2.05 | +6.65 |
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Drawdowns
AMEL.DE vs. EXV8.DE - Drawdown Comparison
The maximum AMEL.DE drawdown since its inception was -52.71%, smaller than the maximum EXV8.DE drawdown of -66.01%. Use the drawdown chart below to compare losses from any high point for AMEL.DE and EXV8.DE.
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Drawdown Indicators
| AMEL.DE | EXV8.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -52.71% | -66.01% | +13.30% |
Max Drawdown (1Y)Largest decline over 1 year | -13.17% | -15.30% | +2.13% |
Max Drawdown (3Y)Largest decline over 3 years | -25.37% | -16.83% | -8.54% |
Max Drawdown (5Y)Largest decline over 5 years | -25.37% | -30.08% | +4.71% |
Max Drawdown (10Y)Largest decline over 10 years | -51.33% | -42.80% | -8.53% |
Current DrawdownCurrent decline from peak | -8.25% | -3.20% | -5.05% |
Average DrawdownAverage peak-to-trough decline | -17.85% | -17.17% | -0.68% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 4.36% | 5.17% | -0.81% |
Volatility
AMEL.DE vs. EXV8.DE - Volatility Comparison
Amundi MSCI Emerging Markets Latin America UCITS ETF EUR (AMEL.DE) has a higher volatility of 6.42% compared to iShares STOXX Europe 600 Construction & Materials UCITS ETF (DE) (EXV8.DE) at 5.34%. This indicates that AMEL.DE's price experiences larger fluctuations and is considered to be riskier than EXV8.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 | EXV8.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 6.42% | 5.34% | +1.08% |
Volatility (6M)Calculated over the trailing 6-month period | 15.64% | 16.37% | -0.73% |
Volatility (1Y)Calculated over the trailing 1-year period | 18.95% | 19.82% | -0.87% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 21.03% | 19.53% | +1.50% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 25.27% | 19.98% | +5.29% |
AMEL.DE vs. EXV8.DE - Expense Ratio Comparison
AMEL.DE has a 0.20% expense ratio, which is lower than EXV8.DE's 0.46% expense ratio.
Dividends
AMEL.DE vs. EXV8.DE - Dividend Comparison
AMEL.DE has not paid dividends to shareholders, while EXV8.DE's dividend yield for the trailing twelve months is around 0.50%.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
AMEL.DE Amundi MSCI Emerging Markets Latin America UCITS ETF EUR | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
EXV8.DE iShares STOXX Europe 600 Construction & Materials UCITS ETF (DE) | 0.50% | 0.51% | 1.69% | 1.59% | 0.64% | 1.34% | 0.53% | 1.55% | 0.54% | 2.87% | 2.80% | 2.79% |
Frequently Asked Questions
AMEL.DE and EXV8.DE have a correlation of 0.49, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, AMEL.DE is cheaper at 0.20% per year. The better choice depends on whether you care most about return, fees, risk, or income.
AMEL.DE is cheaper with a 0.20% expense ratio, compared with 0.46% for EXV8.DE.
AMEL.DE is categorized as Latin America Equities, while EXV8.DE is Industrials Equities. AMEL.DE tracks MSCI Emerging Markets Latin America, while EXV8.DE tracks STOXX® Europe 600 Construction & Materials. They also come from different issuers: Amundi and iShares. Their fees differ too: 0.20% for AMEL.DE and 0.46% for EXV8.DE.
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