AMEM.DE vs. VHYL.L
AMEM.DE (Amundi MSCI Emerging Markets UCITS ETF EUR) and VHYL.L (Vanguard FTSE All-World High Dividend Yield UCITS ETF USD Distributing) are both exchange-traded funds - AMEM.DE is a Emerging Markets Equities fund tracking the MSCI Emerging Markets, while VHYL.L is a Dividend fund tracking the FTSE All-World High Dividend Yield Index. Both are passively managed. Over the past 10 years, AMEM.DE returned 8.29%/yr vs 9.48%/yr for VHYL.L. A 0.68 correlation means they provide meaningful diversification when combined. AMEM.DE charges 0.20%/yr vs 0.29%/yr for VHYL.L.
Performance
AMEM.DE vs. VHYL.L - Performance Comparison
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Different Trading Currencies
AMEM.DE is traded in EUR, while VHYL.L is traded in GBP. To make them comparable, the VHYL.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 VHYL.L's 16.14% return. Over the past 10 years, AMEM.DE has underperformed VHYL.L with an annualized return of 8.29%, while VHYL.L has yielded a comparatively higher 9.48% 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%
VHYL.L
- 1D
- -0.14%
- 1M
- 1.87%
- 6M
- 12.25%
- YTD
- 16.14%
- 1Y
- 28.06%
- 3Y*
- 16.52%
- 5Y*
- 12.31%
- 10Y*
- 9.48%
- ALL TIME*
- 9.37%
AMEM.DE vs. VHYL.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% |
VHYL.L Vanguard FTSE All-World High Dividend Yield UCITS ETF USD Distributing | 16.14% | 12.06% | 16.59% | 7.48% | 0.49% | 26.99% | -8.77% | 24.44% | -7.74% | 4.51% |
Correlation
The correlation between AMEM.DE and VHYL.L is 0.53, 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 | 0.53 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.58 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.56 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.62 |
Correlation (All Time) Calculated using the full available price history since May 21, 2013 | 0.68 |
The correlation between AMEM.DE and VHYL.L shifts across timeframes, from 0.53 (1 year) to 0.68 (all time), reflecting how their relationship changes across market environments.
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Return for Risk
AMEM.DE vs. VHYL.L — Risk / Return Rank
AMEM.DE
VHYL.L
AMEM.DE vs. VHYL.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 Vanguard FTSE All-World High Dividend Yield UCITS ETF USD Distributing (VHYL.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 | VHYL.L | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -1.38 | ||
| Sortino ratioReturn per unit of downside risk | -1.95 | ||
| Omega ratioGain probability vs. loss probability | 1.32 | 1.61 | -0.29 |
| Calmar ratioReturn relative to maximum drawdown | 3.17 | 4.81 | -1.64 |
| Martin ratioReturn relative to average drawdown | 9.65 | 18.56 | -8.91 |
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Drawdowns
AMEM.DE vs. VHYL.L - Drawdown Comparison
The maximum AMEM.DE drawdown since its inception was -35.91%, which is greater than VHYL.L's maximum drawdown of -34.06%. Use the drawdown chart below to compare losses from any high point for AMEM.DE and VHYL.L.
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Drawdown Indicators
| AMEM.DE | VHYL.L | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -35.91% | -34.06% | -1.85% |
Max Drawdown (1Y)Largest decline over 1 year | -11.06% | -5.80% | -5.26% |
Max Drawdown (3Y)Largest decline over 3 years | -19.20% | -15.73% | -3.47% |
Max Drawdown (5Y)Largest decline over 5 years | -22.67% | -15.73% | -6.94% |
Max Drawdown (10Y)Largest decline over 10 years | -31.83% | -34.06% | +2.23% |
Current DrawdownCurrent decline from peak | -9.96% | -0.30% | -9.66% |
Average DrawdownAverage peak-to-trough decline | -10.19% | -4.35% | -5.84% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 3.64% | 1.51% | +2.13% |
Volatility
AMEM.DE vs. VHYL.L - Volatility Comparison
Amundi MSCI Emerging Markets UCITS ETF EUR (AMEM.DE) has a higher volatility of 8.54% compared to Vanguard FTSE All-World High Dividend Yield UCITS ETF USD Distributing (VHYL.L) at 1.83%. This indicates that AMEM.DE's price experiences larger fluctuations and is considered to be riskier than VHYL.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 | VHYL.L | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 8.54% | 1.83% | +6.71% |
Volatility (6M)Calculated over the trailing 6-month period | 17.72% | 6.89% | +10.83% |
Volatility (1Y)Calculated over the trailing 1-year period | 20.15% | 8.95% | +11.20% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 17.27% | 11.43% | +5.84% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 18.48% | 13.64% | +4.84% |
AMEM.DE vs. VHYL.L - Expense Ratio Comparison
AMEM.DE has a 0.20% expense ratio, which is lower than VHYL.L's 0.29% expense ratio.
Dividends
AMEM.DE vs. VHYL.L - Dividend Comparison
AMEM.DE has not paid dividends to shareholders, while VHYL.L's dividend yield for the trailing twelve months is around 2.53%.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
AMEM.DE Amundi MSCI Emerging Markets 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% | 0.00% |
VHYL.L Vanguard FTSE All-World High Dividend Yield UCITS ETF USD Distributing | 2.53% | 2.79% | 3.08% | 3.37% | 3.67% | 3.08% | 3.28% | 3.34% | 3.63% | 3.09% | 2.88% | 3.20% |
Frequently Asked Questions
AMEM.DE and VHYL.L have a correlation of 0.53, 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 0.29% for VHYL.L.
AMEM.DE is categorized as Emerging Markets Equities, while VHYL.L is Dividend. AMEM.DE tracks MSCI Emerging Markets, while VHYL.L tracks FTSE All-World High Dividend Yield Index. They also come from different issuers: Amundi and Vanguard. Their fees differ too: 0.20% for AMEM.DE and 0.29% for VHYL.L.
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