AMEM.DE vs. PCOM.DE
AMEM.DE (Amundi MSCI Emerging Markets UCITS ETF EUR) and PCOM.DE (WisdomTree Broad Commodities UCITS ETF) are both exchange-traded funds - AMEM.DE is a Emerging Markets Equities fund tracking the MSCI Emerging Markets, while PCOM.DE is a Commodities fund tracking the Bloomberg Commodity. Both are passively managed. Over the past 3 years, AMEM.DE returned 20.85%/yr vs 13.46%/yr for PCOM.DE. At a 0.17 correlation, their price movements are largely independent. AMEM.DE charges 0.20%/yr vs 0.19%/yr for PCOM.DE.
Performance
AMEM.DE vs. PCOM.DE - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, AMEM.DE achieves a 27.34% return, which is significantly higher than PCOM.DE's 25.30% 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%
PCOM.DE
- 1D
- 0.54%
- 1M
- -1.79%
- YTD
- 25.30%
- 6M
- 26.22%
- 1Y
- 37.88%
- 3Y*
- 13.46%
- 5Y*
- —
- 10Y*
- —
AMEM.DE vs. PCOM.DE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|---|---|
AMEM.DE Amundi MSCI Emerging Markets UCITS ETF EUR | 27.34% | 19.31% | 13.70% | 5.24% | -13.78% | -2.38% |
PCOM.DE WisdomTree Broad Commodities UCITS ETF | 25.30% | 5.09% | 10.91% | -10.29% | 19.78% | 3.63% |
Correlation
The correlation between AMEM.DE and PCOM.DE is -0.02, meaning there is essentially no relationship between their price movements. Each responds to its own set of market drivers, making them strong candidates for combining in a diversified portfolio.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | -0.02 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.15 |
Correlation (All Time) Calculated using the full available price history since Dec 10, 2021 | 0.17 |
The correlation between AMEM.DE and PCOM.DE shifts across timeframes, from -0.02 (1 year) to 0.17 (all time), reflecting how their relationship changes across market environments.
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Return for Risk
AMEM.DE vs. PCOM.DE — Risk / Return Rank
AMEM.DE
PCOM.DE
AMEM.DE vs. PCOM.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 WisdomTree Broad Commodities UCITS ETF (PCOM.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 | PCOM.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.90 | ||
| Sortino ratioReturn per unit of downside risk | +1.37 | ||
| Omega ratioGain probability vs. loss probability | 1.51 | 1.34 | +0.16 |
| Calmar ratioReturn relative to maximum drawdown | 4.65 | 4.17 | +0.48 |
| Martin ratioReturn relative to average drawdown | 16.89 | 9.37 | +7.51 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
Loading charts...
Sharpe Ratios by Period
| AMEM.DE | PCOM.DE | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 2.80 | 1.89 | +0.90 |
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 | 0.64 | -0.30 |
Drawdowns
AMEM.DE vs. PCOM.DE - Drawdown Comparison
The maximum AMEM.DE drawdown since its inception was -35.87%, which is greater than PCOM.DE's maximum drawdown of -27.22%. Use the drawdown chart below to compare losses from any high point for AMEM.DE and PCOM.DE.
Loading charts...
Drawdown Indicators
| AMEM.DE | PCOM.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -35.87% | -27.22% | -8.65% |
Max Drawdown (1Y)Largest decline over 1 year | -10.65% | -8.82% | -1.83% |
Max Drawdown (3Y)Largest decline over 3 years | -19.22% | -15.80% | -3.42% |
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% | -3.52% | +0.90% |
Average DrawdownAverage peak-to-trough decline | -10.29% | -15.90% | +5.61% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.94% | 3.93% | -0.99% |
Volatility
AMEM.DE vs. PCOM.DE - Volatility Comparison
Amundi MSCI Emerging Markets UCITS ETF EUR (AMEM.DE) has a higher volatility of 7.41% compared to WisdomTree Broad Commodities UCITS ETF (PCOM.DE) at 6.27%. This indicates that AMEM.DE's price experiences larger fluctuations and is considered to be riskier than PCOM.DE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| AMEM.DE | PCOM.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 7.41% | 6.27% | +1.14% |
Volatility (6M)Calculated over the trailing 6-month period | 15.02% | 17.17% | -2.15% |
Volatility (1Y)Calculated over the trailing 1-year period | 17.74% | 19.43% | -1.69% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 16.70% | 17.76% | -1.06% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 18.28% | 17.76% | +0.52% |
AMEM.DE vs. PCOM.DE - Expense Ratio Comparison
AMEM.DE has a 0.20% expense ratio, which is higher than PCOM.DE's 0.19% 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. PCOM.DE - Dividend Comparison
Neither AMEM.DE nor PCOM.DE has paid dividends to shareholders.
Frequently Asked Questions
AMEM.DE and PCOM.DE have a correlation of -0.02, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, PCOM.DE is cheaper at 0.19% per year. The better choice depends on whether you care most about return, fees, risk, or income.
PCOM.DE is cheaper with a 0.19% expense ratio, compared with 0.20% for AMEM.DE.
AMEM.DE is categorized as Emerging Markets Equities, while PCOM.DE is Commodities. AMEM.DE tracks MSCI Emerging Markets, while PCOM.DE tracks Bloomberg Commodity. They also come from different issuers: Amundi and WisdomTree. Their fees differ too: 0.20% for AMEM.DE and 0.19% for PCOM.DE.
Find the right allocation for AMEM.DE and PCOM.DE
Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Optimizer