AMEL.DE vs. SJPA.L
AMEL.DE (Amundi MSCI Emerging Markets Latin America UCITS ETF EUR) and SJPA.L (iShares Core MSCI Japan IMI UCITS ETF) are both exchange-traded funds - AMEL.DE is a Latin America Equities fund tracking the MSCI Emerging Markets Latin America, while SJPA.L is a Japan Equities fund tracking the TOPIX TR JPY. Both are passively managed. Over the past 10 years, AMEL.DE returned 8.05%/yr vs 9.34%/yr for SJPA.L. At a 0.41 correlation, their price movements are largely independent. AMEL.DE charges 0.20%/yr vs 0.15%/yr for SJPA.L.
Performance
AMEL.DE vs. SJPA.L - Performance Comparison
Loading charts...
Different Trading Currencies
AMEL.DE is traded in EUR, while SJPA.L is traded in GBp. To make them comparable, the SJPA.L values have been converted to EUR using the latest available exchange rates.
Returns By Period
In the year-to-date period, AMEL.DE achieves a 13.84% return, which is significantly lower than SJPA.L's 16.71% return. Over the past 10 years, AMEL.DE has underperformed SJPA.L with an annualized return of 8.05%, while SJPA.L has yielded a comparatively higher 9.34% annualized return.
AMEL.DE
- 1D
- 3.30%
- 1M
- -3.05%
- YTD
- 13.84%
- 6M
- 14.72%
- 1Y
- 37.57%
- 3Y*
- 10.30%
- 5Y*
- 10.14%
- 10Y*
- 8.05%
SJPA.L
- 1D
- 2.18%
- 1M
- 0.83%
- YTD
- 16.71%
- 6M
- 16.62%
- 1Y
- 30.82%
- 3Y*
- 14.20%
- 5Y*
- 9.71%
- 10Y*
- 9.34%
AMEL.DE vs. SJPA.L - 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 | 13.84% | 38.05% | -22.20% | 28.15% | 16.33% | -3.25% | -21.25% | 20.70% | -3.30% | 8.15% |
SJPA.L iShares Core MSCI Japan IMI UCITS ETF | 16.71% | 12.02% | 13.59% | 15.15% | -11.05% | 8.23% | 5.00% | 21.98% | -10.27% | 10.17% |
Correlation
The correlation between AMEL.DE and SJPA.L is 0.44, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.44 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.36 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.36 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.39 |
Correlation (All Time) Calculated using the full available price history since Nov 30, 2011 | 0.41 |
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. SJPA.L — Risk / Return Rank
AMEL.DE
SJPA.L
AMEL.DE vs. SJPA.L - 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 Core MSCI Japan IMI UCITS ETF (SJPA.L). 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 | SJPA.L | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.31 | ||
| Sortino ratioReturn per unit of downside risk | +0.20 | ||
| Omega ratioGain probability vs. loss probability | 1.34 | 1.32 | +0.02 |
| Calmar ratioReturn relative to maximum drawdown | 2.84 | 3.12 | -0.28 |
| Martin ratioReturn relative to average drawdown | 9.36 | 10.45 | -1.09 |
Loading charts...
Drawdowns
AMEL.DE vs. SJPA.L - Drawdown Comparison
The maximum AMEL.DE drawdown since its inception was -52.71%, which is greater than SJPA.L's maximum drawdown of -43.90%. Use the drawdown chart below to compare losses from any high point for AMEL.DE and SJPA.L.
Loading charts...
Drawdown Indicators
| AMEL.DE | SJPA.L | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -52.71% | -43.90% | -8.81% |
Max Drawdown (1Y)Largest decline over 1 year | -13.17% | -9.83% | -3.34% |
Max Drawdown (3Y)Largest decline over 3 years | -25.37% | -19.25% | -6.12% |
Max Drawdown (5Y)Largest decline over 5 years | -25.37% | -19.25% | -6.12% |
Max Drawdown (10Y)Largest decline over 10 years | -51.33% | -28.76% | -22.57% |
Current DrawdownCurrent decline from peak | -8.43% | -0.73% | -7.70% |
Average DrawdownAverage peak-to-trough decline | -17.87% | -14.38% | -3.49% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 4.00% | 2.94% | +1.06% |
Volatility
AMEL.DE vs. SJPA.L - Volatility Comparison
Amundi MSCI Emerging Markets Latin America UCITS ETF EUR (AMEL.DE) has a higher volatility of 6.66% compared to iShares Core MSCI Japan IMI UCITS ETF (SJPA.L) at 4.22%. This indicates that AMEL.DE's price experiences larger fluctuations and is considered to be riskier than SJPA.L based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| AMEL.DE | SJPA.L | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 6.66% | 4.22% | +2.44% |
Volatility (6M)Calculated over the trailing 6-month period | 15.86% | 14.82% | +1.04% |
Volatility (1Y)Calculated over the trailing 1-year period | 18.76% | 18.20% | +0.56% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 21.00% | 21.35% | -0.35% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 25.29% | 18.97% | +6.32% |
AMEL.DE vs. SJPA.L - Expense Ratio Comparison
AMEL.DE has a 0.20% expense ratio, which is higher than SJPA.L's 0.15% 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. SJPA.L - Dividend Comparison
Neither AMEL.DE nor SJPA.L has paid dividends to shareholders.
Frequently Asked Questions
AMEL.DE and SJPA.L have a correlation of 0.44, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, SJPA.L is cheaper at 0.15% per year. The better choice depends on whether you care most about return, fees, risk, or income.
SJPA.L is cheaper with a 0.15% expense ratio, compared with 0.20% for AMEL.DE.
AMEL.DE is categorized as Latin America Equities, while SJPA.L is Japan Equities. AMEL.DE tracks MSCI Emerging Markets Latin America, while SJPA.L tracks TOPIX TR JPY. They also come from different issuers: Amundi and iShares. Their fees differ too: 0.20% for AMEL.DE and 0.15% for SJPA.L.
Find the right allocation for AMEL.DE and SJPA.L
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