AMEL.DE vs. IS0X.DE
AMEL.DE (Amundi MSCI Emerging Markets Latin America UCITS ETF EUR) and IS0X.DE (iShares Global Corporate Bond UCITS ETF) are both exchange-traded funds - AMEL.DE is a Latin America Equities fund tracking the MSCI Emerging Markets Latin America, while IS0X.DE is a Global Corporate Bonds fund tracking the Bloomberg Global Aggregate Corporate. Both are passively managed. Over the past 10 years, AMEL.DE returned 7.37%/yr vs 1.82%/yr for IS0X.DE. At a 0.12 correlation, their price movements are largely independent. Both charge a 0.20% expense ratio.
Performance
AMEL.DE vs. IS0X.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 IS0X.DE's 3.22% return. Over the past 10 years, AMEL.DE has outperformed IS0X.DE with an annualized return of 7.37%, while IS0X.DE has yielded a comparatively lower 1.82% 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%
IS0X.DE
- 1D
- 0.03%
- 1M
- 2.18%
- YTD
- 3.22%
- 6M
- 3.65%
- 1Y
- 6.15%
- 3Y*
- 4.25%
- 5Y*
- 1.04%
- 10Y*
- 1.82%
AMEL.DE vs. IS0X.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% |
IS0X.DE iShares Global Corporate Bond UCITS ETF | 3.22% | -2.16% | 7.10% | 5.53% | -11.18% | 4.80% | 0.18% | 14.28% | 0.50% | -4.36% |
Correlation
The correlation between AMEL.DE and IS0X.DE is 0.09, meaning there is essentially no relationship between their price movements. Each responds to its own set of market drivers, making them strong candidates for combining in a diversified portfolio.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.09 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.16 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.10 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.11 |
Correlation (All Time) Calculated using the full available price history since Sep 24, 2012 | 0.12 |
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Return for Risk
AMEL.DE vs. IS0X.DE — Risk / Return Rank
AMEL.DE
IS0X.DE
AMEL.DE vs. IS0X.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 Corporate Bond UCITS ETF (IS0X.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 | IS0X.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.61 | ||
| Sortino ratioReturn per unit of downside risk | +0.59 | ||
| Omega ratioGain probability vs. loss probability | 1.34 | 1.25 | +0.08 |
| Calmar ratioReturn relative to maximum drawdown | 2.87 | 2.94 | -0.07 |
| Martin ratioReturn relative to average drawdown | 8.71 | 6.67 | +2.04 |
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Drawdowns
AMEL.DE vs. IS0X.DE - Drawdown Comparison
The maximum AMEL.DE drawdown since its inception was -52.71%, which is greater than IS0X.DE's maximum drawdown of -27.33%. Use the drawdown chart below to compare losses from any high point for AMEL.DE and IS0X.DE.
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Drawdown Indicators
| AMEL.DE | IS0X.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -52.71% | -27.33% | -25.38% |
Max Drawdown (1Y)Largest decline over 1 year | -13.17% | -2.08% | -11.09% |
Max Drawdown (3Y)Largest decline over 3 years | -25.37% | -8.55% | -16.82% |
Max Drawdown (5Y)Largest decline over 5 years | -25.37% | -13.06% | -12.31% |
Max Drawdown (10Y)Largest decline over 10 years | -51.33% | -17.31% | -34.02% |
Current DrawdownCurrent decline from peak | -8.25% | -1.24% | -7.01% |
Average DrawdownAverage peak-to-trough decline | -17.85% | -9.98% | -7.87% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 4.36% | 0.92% | +3.44% |
Volatility
AMEL.DE vs. IS0X.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 Corporate Bond UCITS ETF (IS0X.DE) at 1.11%. This indicates that AMEL.DE's price experiences larger fluctuations and is considered to be riskier than IS0X.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 | IS0X.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 6.42% | 1.11% | +5.31% |
Volatility (6M)Calculated over the trailing 6-month period | 15.64% | 3.01% | +12.63% |
Volatility (1Y)Calculated over the trailing 1-year period | 18.95% | 4.44% | +14.51% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 21.03% | 6.44% | +14.59% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 25.27% | 8.31% | +16.96% |
AMEL.DE vs. IS0X.DE - Expense Ratio Comparison
Both AMEL.DE and IS0X.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. IS0X.DE - Dividend Comparison
AMEL.DE has not paid dividends to shareholders, while IS0X.DE's dividend yield for the trailing twelve months is around 4.16%.
| 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% |
IS0X.DE iShares Global Corporate Bond UCITS ETF | 4.16% | 4.22% | 3.80% | 3.35% | 2.65% | 2.03% | 2.45% | 2.68% | 2.59% | 2.64% | 2.57% | 2.61% |
Frequently Asked Questions
AMEL.DE and IS0X.DE have a correlation of 0.09, 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 IS0X.DE have the same expense ratio: 0.20% per year.
AMEL.DE is categorized as Latin America Equities, while IS0X.DE is Global Corporate Bonds. AMEL.DE tracks MSCI Emerging Markets Latin America, while IS0X.DE tracks Bloomberg Global Aggregate Corporate. They also come from different issuers: Amundi and iShares.
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