AMEM.DE vs. 84X0.DE
AMEM.DE (Amundi MSCI Emerging Markets UCITS ETF EUR) and 84X0.DE (iShares MSCI EM ex-China UCITS ETF USD Acc) are both Emerging Markets Equities funds - AMEM.DE tracks the MSCI Emerging Markets while 84X0.DE tracks the MSCI Emerging Markets ex China Index (Net). Both are passively managed. Over the past year, AMEM.DE returned 49.79% vs 68.88% for 84X0.DE. Their correlation of 0.89 suggests significant overlap in exposure. AMEM.DE charges 0.20%/yr vs 0.18%/yr for 84X0.DE.
Performance
AMEM.DE vs. 84X0.DE - Performance Comparison
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Returns By Period
In the year-to-date period, AMEM.DE achieves a 27.34% return, which is significantly lower than 84X0.DE's 40.37% return.
AMEM.DE
- 1D
- -1.57%
- 1M
- 5.93%
- YTD
- 27.34%
- 6M
- 29.35%
- 1Y
- 49.79%
- 3Y*
- 20.85%
- 5Y*
- 8.42%
- 10Y*
- 9.86%
84X0.DE
- 1D
- -1.73%
- 1M
- 8.33%
- YTD
- 40.37%
- 6M
- 44.02%
- 1Y
- 68.88%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
AMEM.DE vs. 84X0.DE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | |
|---|---|---|---|---|
AMEM.DE Amundi MSCI Emerging Markets UCITS ETF EUR | 27.34% | 19.31% | 13.70% | 3.80% |
84X0.DE iShares MSCI EM ex-China UCITS ETF USD Acc | 40.37% | 19.85% | 9.62% | 7.38% |
Correlation
The correlation between AMEM.DE and 84X0.DE is 0.95, indicating a strong positive relationship between their price movements. Combining them offers limited diversification - they tend to fall together during downturns.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.95 |
Correlation (All Time) Calculated using the full available price history since Nov 6, 2023 | 0.89 |
The correlation between AMEM.DE and 84X0.DE has been stable across timeframes, ranging from 0.89 to 0.95 - a consistent structural relationship.
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Return for Risk
AMEM.DE vs. 84X0.DE — Risk / Return Rank
AMEM.DE
84X0.DE
AMEM.DE vs. 84X0.DE - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Amundi MSCI Emerging Markets UCITS ETF EUR (AMEM.DE) and iShares MSCI EM ex-China UCITS ETF USD Acc (84X0.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.
| AMEM.DE | 84X0.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.73 | ||
| Sortino ratioReturn per unit of downside risk | -0.78 | ||
| Omega ratioGain probability vs. loss probability | 1.51 | 1.64 | -0.13 |
| Calmar ratioReturn relative to maximum drawdown | 4.65 | 5.88 | -1.22 |
| Martin ratioReturn relative to average drawdown | 16.89 | 21.92 | -5.03 |
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
| AMEM.DE | 84X0.DE | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 2.80 | 3.52 | -0.73 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.50 | — | — |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.54 | — | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.34 | 1.77 | -1.43 |
Drawdowns
AMEM.DE vs. 84X0.DE - Drawdown Comparison
The maximum AMEM.DE drawdown since its inception was -35.87%, which is greater than 84X0.DE's maximum drawdown of -19.72%. Use the drawdown chart below to compare losses from any high point for AMEM.DE and 84X0.DE.
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Drawdown Indicators
| AMEM.DE | 84X0.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -35.87% | -19.72% | -16.15% |
Max Drawdown (1Y)Largest decline over 1 year | -10.65% | -11.66% | +1.01% |
Max Drawdown (3Y)Largest decline over 3 years | -19.22% | — | — |
Max Drawdown (5Y)Largest decline over 5 years | -23.53% | — | — |
Max Drawdown (10Y)Largest decline over 10 years | -31.93% | — | — |
Current DrawdownCurrent decline from peak | -2.62% | -2.49% | -0.13% |
Average DrawdownAverage peak-to-trough decline | -10.29% | -2.70% | -7.59% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.94% | 3.13% | -0.19% |
Volatility
AMEM.DE vs. 84X0.DE - Volatility Comparison
The current volatility for Amundi MSCI Emerging Markets UCITS ETF EUR (AMEM.DE) is 7.41%, while iShares MSCI EM ex-China UCITS ETF USD Acc (84X0.DE) has a volatility of 8.41%. This indicates that AMEM.DE experiences smaller price fluctuations and is considered to be less risky than 84X0.DE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| AMEM.DE | 84X0.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 7.41% | 8.41% | -1.00% |
Volatility (6M)Calculated over the trailing 6-month period | 15.02% | 16.93% | -1.91% |
Volatility (1Y)Calculated over the trailing 1-year period | 17.74% | 19.46% | -1.72% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 16.70% | 17.11% | -0.41% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 18.28% | 17.11% | +1.17% |
AMEM.DE vs. 84X0.DE - Expense Ratio Comparison
AMEM.DE has a 0.20% expense ratio, which is higher than 84X0.DE's 0.18% 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
AMEM.DE vs. 84X0.DE - Dividend Comparison
Neither AMEM.DE nor 84X0.DE has paid dividends to shareholders.
Frequently Asked Questions
With a correlation of 0.95, AMEM.DE and 84X0.DE move almost identically. Holding both adds very little diversification - you're essentially doubling your position in the same market segment. Choosing one is usually more capital-efficient.
On fees, 84X0.DE is cheaper at 0.18% per year. The better choice depends on whether you care most about return, fees, risk, or income.
84X0.DE is cheaper with a 0.18% expense ratio, compared with 0.20% for AMEM.DE.
AMEM.DE tracks MSCI Emerging Markets, while 84X0.DE tracks MSCI Emerging Markets ex China Index (Net). They also come from different issuers: Amundi and iShares. Their fees differ too: 0.20% for AMEM.DE and 0.18% for 84X0.DE.
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