AMEL.DE vs. SXR8.DE
AMEL.DE (Amundi MSCI Emerging Markets Latin America UCITS ETF EUR) and SXR8.DE (iShares Core S&P 500 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 SXR8.DE is a S&P 500 fund tracking the S&P 500 Index. Both are passively managed. Over the past 10 years, AMEL.DE returned 7.43%/yr vs 14.95%/yr for SXR8.DE. At a 0.49 correlation, their price movements are largely independent. AMEL.DE charges 0.20%/yr vs 0.07%/yr for SXR8.DE.
Performance
AMEL.DE vs. SXR8.DE - Performance Comparison
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Returns By Period
The year-to-date returns for both investments are quite close, with AMEL.DE having a 10.83% return and SXR8.DE slightly higher at 11.37%. Over the past 10 years, AMEL.DE has underperformed SXR8.DE with an annualized return of 7.43%, while SXR8.DE has yielded a comparatively higher 14.95% annualized 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%
SXR8.DE
- 1D
- -0.15%
- 1M
- 5.22%
- YTD
- 11.37%
- 6M
- 11.42%
- 1Y
- 25.63%
- 3Y*
- 18.87%
- 5Y*
- 14.77%
- 10Y*
- 14.95%
AMEL.DE vs. SXR8.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 | 10.83% | 38.06% | -22.22% | 28.09% | 16.34% | -3.21% | -21.29% | 20.69% | -3.27% | 8.15% |
SXR8.DE iShares Core S&P 500 UCITS ETF USD (Acc) | 11.37% | 4.73% | 32.32% | 22.47% | -14.31% | 40.74% | 6.80% | 34.49% | -1.05% | 6.67% |
Correlation
The correlation between AMEL.DE and SXR8.DE is 0.39, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.39 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.35 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.37 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.44 |
Correlation (All Time) Calculated using the full available price history since Dec 1, 2011 | 0.49 |
The correlation between AMEL.DE and SXR8.DE shifts across timeframes, from 0.35 (3 years) to 0.49 (all time), reflecting how their relationship changes across market environments.
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Return for Risk
AMEL.DE vs. SXR8.DE — Risk / Return Rank
AMEL.DE
SXR8.DE
AMEL.DE vs. SXR8.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 Core S&P 500 UCITS ETF USD (Acc) (SXR8.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 | SXR8.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.31 | ||
| Sortino ratioReturn per unit of downside risk | -0.41 | ||
| Omega ratioGain probability vs. loss probability | 1.33 | 1.41 | -0.09 |
| Calmar ratioReturn relative to maximum drawdown | 3.16 | 3.58 | -0.41 |
| Martin ratioReturn relative to average drawdown | 9.66 | 12.71 | -3.05 |
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 | SXR8.DE | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.90 | 2.21 | -0.31 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.45 | 0.96 | -0.51 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.29 | 0.92 | -0.63 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.12 | 0.79 | -0.67 |
Drawdowns
AMEL.DE vs. SXR8.DE - Drawdown Comparison
The maximum AMEL.DE drawdown since its inception was -52.69%, which is greater than SXR8.DE's maximum drawdown of -33.78%. Use the drawdown chart below to compare losses from any high point for AMEL.DE and SXR8.DE.
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Drawdown Indicators
| AMEL.DE | SXR8.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -52.69% | -33.78% | -18.91% |
Max Drawdown (1Y)Largest decline over 1 year | -10.86% | -7.13% | -3.73% |
Max Drawdown (3Y)Largest decline over 3 years | -25.38% | -23.32% | -2.06% |
Max Drawdown (5Y)Largest decline over 5 years | -25.38% | -23.32% | -2.06% |
Max Drawdown (10Y)Largest decline over 10 years | -51.31% | -33.78% | -17.53% |
Current DrawdownCurrent decline from peak | -10.86% | -0.45% | -10.41% |
Average DrawdownAverage peak-to-trough decline | -17.89% | -5.17% | -12.72% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 3.57% | 2.01% | +1.56% |
Volatility
AMEL.DE vs. SXR8.DE - Volatility Comparison
Amundi MSCI Emerging Markets Latin America UCITS ETF EUR (AMEL.DE) has a higher volatility of 5.32% compared to iShares Core S&P 500 UCITS ETF USD (Acc) (SXR8.DE) at 2.65%. This indicates that AMEL.DE's price experiences larger fluctuations and is considered to be riskier than SXR8.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 | SXR8.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 5.32% | 2.65% | +2.67% |
Volatility (6M)Calculated over the trailing 6-month period | 15.30% | 7.57% | +7.73% |
Volatility (1Y)Calculated over the trailing 1-year period | 18.10% | 11.56% | +6.54% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 20.90% | 15.16% | +5.74% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 25.27% | 16.09% | +9.18% |
AMEL.DE vs. SXR8.DE - Expense Ratio Comparison
AMEL.DE has a 0.20% expense ratio, which is higher than SXR8.DE's 0.07% 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. SXR8.DE - Dividend Comparison
Neither AMEL.DE nor SXR8.DE has paid dividends to shareholders.
Frequently Asked Questions
AMEL.DE and SXR8.DE have a correlation of 0.39, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, SXR8.DE is cheaper at 0.07% per year. The better choice depends on whether you care most about return, fees, risk, or income.
SXR8.DE is cheaper with a 0.07% expense ratio, compared with 0.20% for AMEL.DE.
AMEL.DE is categorized as Latin America Equities, while SXR8.DE is S&P 500. AMEL.DE tracks MSCI Emerging Markets Latin America, while SXR8.DE tracks S&P 500 Index. They also come from different issuers: Amundi and iShares. Their fees differ too: 0.20% for AMEL.DE and 0.07% for SXR8.DE.
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