AMEM.DE vs. IEFV.L
AMEM.DE (Amundi MSCI Emerging Markets UCITS ETF EUR) and IEFV.L (iShares Edge MSCI Europe Value Factor UCITS ETF) are both exchange-traded funds - AMEM.DE is a Emerging Markets Equities fund tracking the MSCI Emerging Markets, while IEFV.L is a Europe Equities fund tracking the MSCI Europe Value NR EUR. Both are passively managed. Over the past 10 years, AMEM.DE returned 8.29%/yr vs 10.95%/yr for IEFV.L. A 0.59 correlation means they provide meaningful diversification when combined. AMEM.DE charges 0.20%/yr vs 0.25%/yr for IEFV.L.
Performance
AMEM.DE vs. IEFV.L - Performance Comparison
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Different Trading Currencies
AMEM.DE is traded in EUR, while IEFV.L is traded in GBp. To make them comparable, the IEFV.L values have been converted to EUR using the latest available exchange rates.
Returns By Period
In the year-to-date period, AMEM.DE achieves a 20.68% return, which is significantly higher than IEFV.L's 15.34% return. Over the past 10 years, AMEM.DE has underperformed IEFV.L with an annualized return of 8.29%, while IEFV.L has yielded a comparatively higher 10.95% annualized return.
AMEM.DE
- 1D
- 1.23%
- 1M
- -8.29%
- 6M
- 12.96%
- YTD
- 20.68%
- 1Y
- 35.22%
- 3Y*
- 18.88%
- 5Y*
- 7.63%
- 10Y*
- 8.29%
- ALL TIME*
- 6.16%
IEFV.L
- 1D
- -0.19%
- 1M
- 1.08%
- 6M
- 13.12%
- YTD
- 15.34%
- 1Y
- 32.90%
- 3Y*
- 20.67%
- 5Y*
- 15.43%
- 10Y*
- 10.95%
- ALL TIME*
- 8.92%
AMEM.DE vs. IEFV.L - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
AMEM.DE Amundi MSCI Emerging Markets UCITS ETF EUR | 20.68% | 19.22% | 13.69% | 5.35% | -13.83% | 3.96% | 6.43% | 21.24% | -11.00% | 20.46% |
IEFV.L iShares Edge MSCI Europe Value Factor UCITS ETF | 15.34% | 34.79% | 10.49% | 13.77% | -3.76% | 26.29% | -8.97% | 23.07% | -13.74% | 9.78% |
Correlation
The correlation between AMEM.DE and IEFV.L is 0.56, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.56 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.53 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.52 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.55 |
Correlation (All Time) Calculated using the full available price history since Jan 19, 2015 | 0.59 |
The correlation between AMEM.DE and IEFV.L has been stable across timeframes, ranging from 0.52 to 0.59 - a consistent structural relationship.
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Return for Risk
AMEM.DE vs. IEFV.L — Risk / Return Rank
AMEM.DE
IEFV.L
AMEM.DE vs. IEFV.L - 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 Edge MSCI Europe Value Factor UCITS ETF (IEFV.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.
| AMEM.DE | IEFV.L | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.61 | ||
| Sortino ratioReturn per unit of downside risk | -0.90 | ||
| Omega ratioGain probability vs. loss probability | 1.32 | 1.43 | -0.11 |
| Calmar ratioReturn relative to maximum drawdown | 3.17 | 3.34 | -0.16 |
| Martin ratioReturn relative to average drawdown | 9.65 | 12.36 | -2.71 |
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Drawdowns
AMEM.DE vs. IEFV.L - Drawdown Comparison
The maximum AMEM.DE drawdown since its inception was -35.91%, smaller than the maximum IEFV.L drawdown of -40.78%. Use the drawdown chart below to compare losses from any high point for AMEM.DE and IEFV.L.
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Drawdown Indicators
| AMEM.DE | IEFV.L | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -35.91% | -40.78% | +4.87% |
Max Drawdown (1Y)Largest decline over 1 year | -11.06% | -9.82% | -1.24% |
Max Drawdown (3Y)Largest decline over 3 years | -19.20% | -16.66% | -2.54% |
Max Drawdown (5Y)Largest decline over 5 years | -22.67% | -19.43% | -3.24% |
Max Drawdown (10Y)Largest decline over 10 years | -31.83% | -40.78% | +8.95% |
Current DrawdownCurrent decline from peak | -9.96% | -1.92% | -8.04% |
Average DrawdownAverage peak-to-trough decline | -10.19% | -7.65% | -2.54% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 3.64% | 2.66% | +0.98% |
Volatility
AMEM.DE vs. IEFV.L - Volatility Comparison
Amundi MSCI Emerging Markets UCITS ETF EUR (AMEM.DE) has a higher volatility of 8.54% compared to iShares Edge MSCI Europe Value Factor UCITS ETF (IEFV.L) at 4.29%. This indicates that AMEM.DE's price experiences larger fluctuations and is considered to be riskier than IEFV.L 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 | IEFV.L | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 8.54% | 4.29% | +4.25% |
Volatility (6M)Calculated over the trailing 6-month period | 17.72% | 11.62% | +6.10% |
Volatility (1Y)Calculated over the trailing 1-year period | 20.15% | 13.95% | +6.20% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 17.27% | 17.39% | -0.12% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 18.48% | 18.14% | +0.34% |
AMEM.DE vs. IEFV.L - Expense Ratio Comparison
AMEM.DE has a 0.20% expense ratio, which is lower than IEFV.L's 0.25% expense ratio. Despite the difference, 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. IEFV.L - Dividend Comparison
Neither AMEM.DE nor IEFV.L has paid dividends to shareholders.
Frequently Asked Questions
AMEM.DE and IEFV.L have a correlation of 0.56, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, AMEM.DE is cheaper at 0.20% per year. The better choice depends on whether you care most about return, fees, risk, or income.
AMEM.DE is cheaper with a 0.20% expense ratio, compared with 0.25% for IEFV.L.
AMEM.DE is categorized as Emerging Markets Equities, while IEFV.L is Europe Equities. AMEM.DE tracks MSCI Emerging Markets, while IEFV.L tracks MSCI Europe Value NR EUR. They also come from different issuers: Amundi and iShares. Their fees differ too: 0.20% for AMEM.DE and 0.25% for IEFV.L.
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