AMEM.DE vs. XGLF.DE
AMEM.DE (Amundi MSCI Emerging Markets UCITS ETF EUR) and XGLF.DE (Xtrackers MSCI GCC Select Swap UCITS ETF (Acc)) are both Emerging Markets Equities funds - AMEM.DE tracks the MSCI Emerging Markets while XGLF.DE tracks the MSCI GCC Countries ex Select Securities Index. Both are passively managed. Over the past 10 years, AMEM.DE returned 8.29%/yr vs 7.41%/yr for XGLF.DE. At a 0.44 correlation, their price movements are largely independent. AMEM.DE charges 0.20%/yr vs 0.65%/yr for XGLF.DE.
Performance
AMEM.DE vs. XGLF.DE - 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 XGLF.DE's 5.23% return. Over the past 10 years, AMEM.DE has outperformed XGLF.DE with an annualized return of 8.29%, while XGLF.DE has yielded a comparatively lower 7.41% 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%
XGLF.DE
- 1D
- 0.63%
- 1M
- -3.21%
- 6M
- -1.07%
- YTD
- 5.23%
- 1Y
- 3.61%
- 3Y*
- 3.25%
- 5Y*
- 5.38%
- 10Y*
- 7.41%
- ALL TIME*
- 3.46%
AMEM.DE vs. XGLF.DE - 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% |
XGLF.DE Xtrackers MSCI GCC Select Swap UCITS ETF (Acc) | 5.23% | -5.36% | 9.58% | 0.55% | 1.24% | 48.84% | -9.49% | 9.50% | 22.95% | -7.49% |
Correlation
The correlation between AMEM.DE and XGLF.DE is 0.35, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.35 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.39 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.40 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.43 |
Correlation (All Time) Calculated using the full available price history since Feb 5, 2015 | 0.44 |
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Return for Risk
AMEM.DE vs. XGLF.DE — Risk / Return Rank
AMEM.DE
XGLF.DE
AMEM.DE vs. XGLF.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 Xtrackers MSCI GCC Select Swap UCITS ETF (Acc) (XGLF.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.
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 | XGLF.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +1.46 | ||
| Sortino ratioReturn per unit of downside risk | +1.86 | ||
| Omega ratioGain probability vs. loss probability | 1.32 | 1.06 | +0.26 |
| Calmar ratioReturn relative to maximum drawdown | 3.17 | 0.40 | +2.77 |
| Martin ratioReturn relative to average drawdown | 9.65 | 0.86 | +8.79 |
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Drawdowns
AMEM.DE vs. XGLF.DE - Drawdown Comparison
The maximum AMEM.DE drawdown since its inception was -35.91%, smaller than the maximum XGLF.DE drawdown of -42.15%. Use the drawdown chart below to compare losses from any high point for AMEM.DE and XGLF.DE.
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Drawdown Indicators
| AMEM.DE | XGLF.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -35.91% | -42.15% | +6.24% |
Max Drawdown (1Y)Largest decline over 1 year | -11.06% | -9.05% | -2.01% |
Max Drawdown (3Y)Largest decline over 3 years | -19.20% | -18.41% | -0.79% |
Max Drawdown (5Y)Largest decline over 5 years | -22.67% | -31.29% | +8.62% |
Max Drawdown (10Y)Largest decline over 10 years | -31.83% | -35.16% | +3.33% |
Current DrawdownCurrent decline from peak | -9.96% | -18.42% | +8.46% |
Average DrawdownAverage peak-to-trough decline | -10.19% | -18.25% | +8.06% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 3.64% | 4.19% | -0.55% |
Volatility
AMEM.DE vs. XGLF.DE - Volatility Comparison
Amundi MSCI Emerging Markets UCITS ETF EUR (AMEM.DE) has a higher volatility of 8.54% compared to Xtrackers MSCI GCC Select Swap UCITS ETF (Acc) (XGLF.DE) at 3.11%. This indicates that AMEM.DE's price experiences larger fluctuations and is considered to be riskier than XGLF.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 | XGLF.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 8.54% | 3.11% | +5.43% |
Volatility (6M)Calculated over the trailing 6-month period | 17.72% | 9.09% | +8.63% |
Volatility (1Y)Calculated over the trailing 1-year period | 20.15% | 12.50% | +7.65% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 17.27% | 15.36% | +1.91% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 18.48% | 18.34% | +0.14% |
AMEM.DE vs. XGLF.DE - Expense Ratio Comparison
AMEM.DE has a 0.20% expense ratio, which is lower than XGLF.DE's 0.65% expense ratio.
Dividends
AMEM.DE vs. XGLF.DE - Dividend Comparison
Neither AMEM.DE nor XGLF.DE has paid dividends to shareholders.
Frequently Asked Questions
AMEM.DE and XGLF.DE have a correlation of 0.35, 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 0.65% for XGLF.DE.
AMEM.DE tracks MSCI Emerging Markets, while XGLF.DE tracks MSCI GCC Countries ex Select Securities Index. They also come from different issuers: Amundi and Xtrackers. Their fees differ too: 0.20% for AMEM.DE and 0.65% for XGLF.DE.
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