AMEL.DE vs. IQQI.DE
AMEL.DE (Amundi MSCI Emerging Markets Latin America UCITS ETF EUR) and IQQI.DE (iShares Global Infrastructure UCITS ETF) are both exchange-traded funds - AMEL.DE is a Latin America Equities fund tracking the MSCI Emerging Markets Latin America, while IQQI.DE is a Global Equities fund tracking the FTSE Global Core Infrastructure Index. Both are passively managed. Over the past 10 years, AMEL.DE returned 7.37%/yr vs 7.22%/yr for IQQI.DE. At a 0.44 correlation, their price movements are largely independent. AMEL.DE charges 0.20%/yr vs 0.65%/yr for IQQI.DE.
Performance
AMEL.DE vs. IQQI.DE - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, AMEL.DE achieves a 14.06% return, which is significantly lower than IQQI.DE's 15.82% return. Both investments have delivered pretty close results over the past 10 years, with AMEL.DE having a 7.37% annualized return and IQQI.DE not far behind at 7.22%.
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%
IQQI.DE
- 1D
- 0.81%
- 1M
- 2.14%
- YTD
- 15.82%
- 6M
- 16.83%
- 1Y
- 21.10%
- 3Y*
- 10.75%
- 5Y*
- 7.73%
- 10Y*
- 7.22%
AMEL.DE vs. IQQI.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% |
IQQI.DE iShares Global Infrastructure UCITS ETF | 15.82% | 0.56% | 14.53% | -3.18% | -0.38% | 26.94% | -10.82% | 27.73% | 2.23% | 0.70% |
Correlation
The correlation between AMEL.DE and IQQI.DE is 0.11, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.11 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.26 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.30 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.38 |
Correlation (All Time) Calculated using the full available price history since Nov 30, 2011 | 0.44 |
Over the past year, the correlation between AMEL.DE and IQQI.DE has dropped to 0.11 - well below their long-term average of 0.44, suggesting their price drivers have been diverging.
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
AMEL.DE vs. IQQI.DE — Risk / Return Rank
AMEL.DE
IQQI.DE
AMEL.DE vs. IQQI.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 Global Infrastructure UCITS ETF (IQQI.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 | IQQI.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.05 | ||
| Sortino ratioReturn per unit of downside risk | -0.14 | ||
| Omega ratioGain probability vs. loss probability | 1.34 | 1.34 | 0.00 |
| Calmar ratioReturn relative to maximum drawdown | 2.87 | 4.37 | -1.50 |
| Martin ratioReturn relative to average drawdown | 8.71 | 10.94 | -2.23 |
Loading charts...
Drawdowns
AMEL.DE vs. IQQI.DE - Drawdown Comparison
The maximum AMEL.DE drawdown since its inception was -52.71%, which is greater than IQQI.DE's maximum drawdown of -42.24%. Use the drawdown chart below to compare losses from any high point for AMEL.DE and IQQI.DE.
Loading charts...
Drawdown Indicators
| AMEL.DE | IQQI.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -52.71% | -42.24% | -10.47% |
Max Drawdown (1Y)Largest decline over 1 year | -13.17% | -4.81% | -8.36% |
Max Drawdown (3Y)Largest decline over 3 years | -25.37% | -14.75% | -10.62% |
Max Drawdown (5Y)Largest decline over 5 years | -25.37% | -24.82% | -0.55% |
Max Drawdown (10Y)Largest decline over 10 years | -51.33% | -34.16% | -17.17% |
Current DrawdownCurrent decline from peak | -8.25% | 0.00% | -8.25% |
Average DrawdownAverage peak-to-trough decline | -17.85% | -11.11% | -6.74% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 4.36% | 1.92% | +2.44% |
Volatility
AMEL.DE vs. IQQI.DE - Volatility Comparison
Amundi MSCI Emerging Markets Latin America UCITS ETF EUR (AMEL.DE) has a higher volatility of 6.42% compared to iShares Global Infrastructure UCITS ETF (IQQI.DE) at 4.28%. This indicates that AMEL.DE's price experiences larger fluctuations and is considered to be riskier than IQQI.DE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| AMEL.DE | IQQI.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 6.42% | 4.28% | +2.14% |
Volatility (6M)Calculated over the trailing 6-month period | 15.64% | 8.92% | +6.72% |
Volatility (1Y)Calculated over the trailing 1-year period | 18.95% | 10.79% | +8.16% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 21.03% | 12.77% | +8.26% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 25.27% | 14.25% | +11.02% |
AMEL.DE vs. IQQI.DE - Expense Ratio Comparison
AMEL.DE has a 0.20% expense ratio, which is lower than IQQI.DE's 0.65% expense ratio.
Dividends
AMEL.DE vs. IQQI.DE - Dividend Comparison
AMEL.DE has not paid dividends to shareholders, while IQQI.DE's dividend yield for the trailing twelve months is around 1.99%.
| 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% |
IQQI.DE iShares Global Infrastructure UCITS ETF | 1.99% | 2.30% | 2.29% | 2.42% | 2.13% | 1.85% | 2.25% | 2.05% | 2.30% | 2.76% | 2.63% | 3.15% |
Frequently Asked Questions
AMEL.DE and IQQI.DE have a correlation of 0.11, 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 0.65% for IQQI.DE.
AMEL.DE is categorized as Latin America Equities, while IQQI.DE is Global Equities. AMEL.DE tracks MSCI Emerging Markets Latin America, while IQQI.DE tracks FTSE Global Core Infrastructure Index. They also come from different issuers: Amundi and iShares. Their fees differ too: 0.20% for AMEL.DE and 0.65% for IQQI.DE.
Find the right allocation for AMEL.DE and IQQI.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