AMEM.DE vs. IEVL.L
AMEM.DE (Amundi MSCI Emerging Markets UCITS ETF EUR) and IEVL.L (iShares Edge MSCI Europe Value Factor UCITS ETF EUR Accumulating) are both exchange-traded funds - AMEM.DE is a Emerging Markets Equities fund tracking the MSCI Emerging Markets, while IEVL.L is a Europe Equities fund tracking the MSCI Europe Enhanced Value Index. Both are passively managed. Over the past 10 years, AMEM.DE returned 8.29%/yr vs 10.93%/yr for IEVL.L. A 0.63 correlation means they provide meaningful diversification when combined. AMEM.DE charges 0.20%/yr vs 0.25%/yr for IEVL.L.
Performance
AMEM.DE vs. IEVL.L - Performance Comparison
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Returns By Period
In the year-to-date period, AMEM.DE achieves a 20.68% return, which is significantly higher than IEVL.L's 15.33% return. Over the past 10 years, AMEM.DE has underperformed IEVL.L with an annualized return of 8.29%, while IEVL.L has yielded a comparatively higher 10.93% 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%
IEVL.L
- 1D
- -0.36%
- 1M
- 0.96%
- 6M
- 12.86%
- YTD
- 15.33%
- 1Y
- 32.91%
- 3Y*
- 20.62%
- 5Y*
- 15.46%
- 10Y*
- 10.93%
- ALL TIME*
- 8.97%
AMEM.DE vs. IEVL.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% |
IEVL.L iShares Edge MSCI Europe Value Factor UCITS ETF EUR Accumulating | 15.33% | 35.04% | 10.57% | 13.52% | -3.79% | 26.68% | -8.75% | 21.79% | -13.55% | 10.54% |
Correlation
The correlation between AMEM.DE and IEVL.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 | 0.54 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.54 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.59 |
Correlation (All Time) Calculated using the full available price history since Jan 19, 2015 | 0.63 |
The correlation between AMEM.DE and IEVL.L has been stable across timeframes, ranging from 0.54 to 0.63 - a consistent structural relationship.
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Return for Risk
AMEM.DE vs. IEVL.L — Risk / Return Rank
AMEM.DE
IEVL.L
AMEM.DE vs. IEVL.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 EUR Accumulating (IEVL.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 | IEVL.L | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.58 | ||
| Sortino ratioReturn per unit of downside risk | -0.85 | ||
| Omega ratioGain probability vs. loss probability | 1.32 | 1.42 | -0.11 |
| Calmar ratioReturn relative to maximum drawdown | 3.17 | 3.35 | -0.17 |
| Martin ratioReturn relative to average drawdown | 9.65 | 12.57 | -2.92 |
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Drawdowns
AMEM.DE vs. IEVL.L - Drawdown Comparison
The maximum AMEM.DE drawdown since its inception was -35.91%, smaller than the maximum IEVL.L drawdown of -40.09%. Use the drawdown chart below to compare losses from any high point for AMEM.DE and IEVL.L.
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Drawdown Indicators
| AMEM.DE | IEVL.L | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -35.91% | -40.09% | +4.18% |
Max Drawdown (1Y)Largest decline over 1 year | -11.06% | -9.79% | -1.27% |
Max Drawdown (3Y)Largest decline over 3 years | -19.20% | -17.43% | -1.77% |
Max Drawdown (5Y)Largest decline over 5 years | -22.67% | -19.55% | -3.12% |
Max Drawdown (10Y)Largest decline over 10 years | -31.83% | -40.09% | +8.26% |
Current DrawdownCurrent decline from peak | -9.96% | -1.93% | -8.03% |
Average DrawdownAverage peak-to-trough decline | -10.19% | -7.43% | -2.76% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 3.64% | 2.61% | +1.03% |
Volatility
AMEM.DE vs. IEVL.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 EUR Accumulating (IEVL.L) at 4.20%. This indicates that AMEM.DE's price experiences larger fluctuations and is considered to be riskier than IEVL.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 | IEVL.L | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 8.54% | 4.20% | +4.34% |
Volatility (6M)Calculated over the trailing 6-month period | 17.72% | 11.81% | +5.91% |
Volatility (1Y)Calculated over the trailing 1-year period | 20.15% | 14.12% | +6.03% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 17.27% | 15.31% | +1.96% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 18.48% | 17.28% | +1.20% |
AMEM.DE vs. IEVL.L - Expense Ratio Comparison
AMEM.DE has a 0.20% expense ratio, which is lower than IEVL.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. IEVL.L - Dividend Comparison
Neither AMEM.DE nor IEVL.L has paid dividends to shareholders.
Frequently Asked Questions
AMEM.DE and IEVL.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 IEVL.L.
AMEM.DE is categorized as Emerging Markets Equities, while IEVL.L is Europe Equities. AMEM.DE tracks MSCI Emerging Markets, while IEVL.L tracks MSCI Europe Enhanced Value Index. They also come from different issuers: Amundi and iShares. Their fees differ too: 0.20% for AMEM.DE and 0.25% for IEVL.L.
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