AMEL.DE vs. XIEE.DE
AMEL.DE (Amundi MSCI Emerging Markets Latin America UCITS ETF EUR) and XIEE.DE (Xtrackers MSCI Europe UCITS ETF) are both exchange-traded funds - AMEL.DE is a Latin America Equities fund tracking the MSCI Emerging Markets Latin America, while XIEE.DE is a Europe Equities fund tracking the MSCI Europe. Both are passively managed. Over the past 10 years, AMEL.DE returned 8.05%/yr vs 10.02%/yr for XIEE.DE. A 0.50 correlation means they provide meaningful diversification when combined. AMEL.DE charges 0.20%/yr vs 0.12%/yr for XIEE.DE.
Performance
AMEL.DE vs. XIEE.DE - Performance Comparison
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Returns By Period
In the year-to-date period, AMEL.DE achieves a 13.84% return, which is significantly higher than XIEE.DE's 9.31% return. Over the past 10 years, AMEL.DE has underperformed XIEE.DE with an annualized return of 8.05%, while XIEE.DE has yielded a comparatively higher 10.02% 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%
XIEE.DE
- 1D
- 1.84%
- 1M
- 4.98%
- YTD
- 9.31%
- 6M
- 11.06%
- 1Y
- 18.17%
- 3Y*
- 14.01%
- 5Y*
- 10.04%
- 10Y*
- 10.02%
AMEL.DE vs. XIEE.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 | 13.84% | 38.05% | -22.20% | 28.15% | 16.33% | -3.25% | -21.25% | 20.70% | -3.30% | 8.15% |
XIEE.DE Xtrackers MSCI Europe UCITS ETF | 9.31% | 20.33% | 8.08% | 15.72% | -9.15% | 24.96% | -3.13% | 27.82% | -10.98% | 10.20% |
Correlation
The correlation between AMEL.DE and XIEE.DE is 0.46, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.46 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.46 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.46 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.47 |
Correlation (All Time) Calculated using the full available price history since Sep 30, 2015 | 0.50 |
The correlation between AMEL.DE and XIEE.DE has been stable across timeframes, ranging from 0.46 to 0.50 - a consistent structural relationship.
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Return for Risk
AMEL.DE vs. XIEE.DE — Risk / Return Rank
AMEL.DE
XIEE.DE
AMEL.DE vs. XIEE.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 Xtrackers MSCI Europe UCITS ETF (XIEE.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 | XIEE.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.68 | ||
| Sortino ratioReturn per unit of downside risk | +0.81 | ||
| Omega ratioGain probability vs. loss probability | 1.34 | 1.25 | +0.09 |
| Calmar ratioReturn relative to maximum drawdown | 2.84 | 1.80 | +1.04 |
| Martin ratioReturn relative to average drawdown | 9.36 | 7.32 | +2.04 |
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Drawdowns
AMEL.DE vs. XIEE.DE - Drawdown Comparison
The maximum AMEL.DE drawdown since its inception was -52.71%, which is greater than XIEE.DE's maximum drawdown of -35.52%. Use the drawdown chart below to compare losses from any high point for AMEL.DE and XIEE.DE.
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Drawdown Indicators
| AMEL.DE | XIEE.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -52.71% | -35.52% | -17.19% |
Max Drawdown (1Y)Largest decline over 1 year | -13.17% | -10.03% | -3.14% |
Max Drawdown (3Y)Largest decline over 3 years | -25.37% | -16.52% | -8.85% |
Max Drawdown (5Y)Largest decline over 5 years | -25.37% | -19.30% | -6.07% |
Max Drawdown (10Y)Largest decline over 10 years | -51.33% | -35.52% | -15.81% |
Current DrawdownCurrent decline from peak | -8.43% | 0.00% | -8.43% |
Average DrawdownAverage peak-to-trough decline | -17.87% | -7.24% | -10.63% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 4.00% | 2.48% | +1.52% |
Volatility
AMEL.DE vs. XIEE.DE - Volatility Comparison
Amundi MSCI Emerging Markets Latin America UCITS ETF EUR (AMEL.DE) has a higher volatility of 6.66% compared to Xtrackers MSCI Europe UCITS ETF (XIEE.DE) at 4.10%. This indicates that AMEL.DE's price experiences larger fluctuations and is considered to be riskier than XIEE.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 | XIEE.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 6.66% | 4.10% | +2.56% |
Volatility (6M)Calculated over the trailing 6-month period | 15.86% | 11.65% | +4.21% |
Volatility (1Y)Calculated over the trailing 1-year period | 18.76% | 13.69% | +5.07% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 21.00% | 14.30% | +6.70% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 25.29% | 17.60% | +7.69% |
AMEL.DE vs. XIEE.DE - Expense Ratio Comparison
AMEL.DE has a 0.20% expense ratio, which is higher than XIEE.DE's 0.12% 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. XIEE.DE - Dividend Comparison
AMEL.DE has not paid dividends to shareholders, while XIEE.DE's dividend yield for the trailing twelve months is around 2.39%.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
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% |
XIEE.DE Xtrackers MSCI Europe UCITS ETF | 2.39% | 2.49% | 3.26% | 2.85% | 5.70% | 1.50% | 3.74% | 0.30% | 3.19% | 0.92% | 0.09% |
Frequently Asked Questions
AMEL.DE and XIEE.DE have a correlation of 0.46, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, XIEE.DE is cheaper at 0.12% per year. The better choice depends on whether you care most about return, fees, risk, or income.
XIEE.DE is cheaper with a 0.12% expense ratio, compared with 0.20% for AMEL.DE.
AMEL.DE is categorized as Latin America Equities, while XIEE.DE is Europe Equities. AMEL.DE tracks MSCI Emerging Markets Latin America, while XIEE.DE tracks MSCI Europe. They also come from different issuers: Amundi and Xtrackers. Their fees differ too: 0.20% for AMEL.DE and 0.12% for XIEE.DE.
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