AMES.DE vs. AMED.DE
AMES.DE (Amundi ETF MSCI Spain UCITS ETF EUR) and AMED.DE (Amundi MSCI EMU ESG Leaders Select UCITS ETF DR EUR (C)) are both Europe Equities funds from Amundi - AMES.DE tracks the MSCI Spain while AMED.DE tracks the MSCI EMU ESG Leaders Select 5% Issuer Capped. Both are passively managed. Over the past 10 years, AMES.DE returned 11.05%/yr vs 9.75%/yr for AMED.DE. A 0.71 correlation means they provide meaningful diversification when combined. Both charge a 0.25% expense ratio.
Performance
AMES.DE vs. AMED.DE - Performance Comparison
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Returns By Period
In the year-to-date period, AMES.DE achieves a 7.00% return, which is significantly lower than AMED.DE's 16.87% return. Over the past 10 years, AMES.DE has outperformed AMED.DE with an annualized return of 11.05%, while AMED.DE has yielded a comparatively lower 9.75% annualized return.
AMES.DE
- 1D
- 0.51%
- 1M
- 3.60%
- YTD
- 7.00%
- 6M
- 10.82%
- 1Y
- 33.98%
- 3Y*
- 29.84%
- 5Y*
- 19.21%
- 10Y*
- 11.05%
AMED.DE
- 1D
- 0.51%
- 1M
- 7.96%
- YTD
- 16.87%
- 6M
- 18.54%
- 1Y
- 26.45%
- 3Y*
- 16.11%
- 5Y*
- 10.41%
- 10Y*
- 9.75%
AMES.DE vs. AMED.DE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
AMES.DE Amundi ETF MSCI Spain UCITS ETF EUR | 7.00% | 55.41% | 19.00% | 25.94% | 0.03% | 6.96% | -12.87% | 15.76% | -12.77% | 11.84% |
AMED.DE Amundi MSCI EMU ESG Leaders Select UCITS ETF DR EUR (C) | 16.87% | 20.15% | 5.95% | 16.68% | -10.71% | 20.90% | -1.35% | 27.22% | -12.98% | 11.86% |
Correlation
The correlation between AMES.DE and AMED.DE is 0.77, 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 | 0.77 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.71 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.69 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.70 |
Correlation (All Time) Calculated using the full available price history since Dec 2, 2011 | 0.71 |
The correlation between AMES.DE and AMED.DE has been stable across timeframes, ranging from 0.69 to 0.77 - a consistent structural relationship.
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Return for Risk
AMES.DE vs. AMED.DE — Risk / Return Rank
AMES.DE
AMED.DE
AMES.DE vs. AMED.DE - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Amundi ETF MSCI Spain UCITS ETF EUR (AMES.DE) and Amundi MSCI EMU ESG Leaders Select UCITS ETF DR EUR (C) (AMED.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.
| AMES.DE | AMED.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.32 | ||
| Sortino ratioReturn per unit of downside risk | +0.25 | ||
| Omega ratioGain probability vs. loss probability | 1.37 | 1.33 | +0.04 |
| Calmar ratioReturn relative to maximum drawdown | 3.40 | 2.49 | +0.91 |
| Martin ratioReturn relative to average drawdown | 11.80 | 9.40 | +2.39 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| AMES.DE | AMED.DE | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 2.06 | 1.74 | +0.32 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 1.20 | 0.65 | +0.56 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.62 | 0.57 | +0.05 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.48 | 0.47 | +0.01 |
Drawdowns
AMES.DE vs. AMED.DE - Drawdown Comparison
The maximum AMES.DE drawdown since its inception was -40.98%, which is greater than AMED.DE's maximum drawdown of -38.35%. Use the drawdown chart below to compare losses from any high point for AMES.DE and AMED.DE.
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Drawdown Indicators
| AMES.DE | AMED.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -40.98% | -38.35% | -2.63% |
Max Drawdown (1Y)Largest decline over 1 year | -9.95% | -10.56% | +0.61% |
Max Drawdown (3Y)Largest decline over 3 years | -12.58% | -14.07% | +1.49% |
Max Drawdown (5Y)Largest decline over 5 years | -17.77% | -24.06% | +6.29% |
Max Drawdown (10Y)Largest decline over 10 years | -40.98% | -38.35% | -2.63% |
Current DrawdownCurrent decline from peak | -0.52% | -0.17% | -0.35% |
Average DrawdownAverage peak-to-trough decline | -9.76% | -6.69% | -3.07% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.87% | 2.81% | +0.06% |
Volatility
AMES.DE vs. AMED.DE - Volatility Comparison
The current volatility for Amundi ETF MSCI Spain UCITS ETF EUR (AMES.DE) is 4.59%, while Amundi MSCI EMU ESG Leaders Select UCITS ETF DR EUR (C) (AMED.DE) has a volatility of 5.61%. This indicates that AMES.DE experiences smaller price fluctuations and is considered to be less risky than AMED.DE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| AMES.DE | AMED.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 4.59% | 5.61% | -1.02% |
Volatility (6M)Calculated over the trailing 6-month period | 13.65% | 12.64% | +1.01% |
Volatility (1Y)Calculated over the trailing 1-year period | 16.43% | 15.19% | +1.24% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 18.01% | 15.87% | +2.14% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 20.82% | 17.00% | +3.82% |
AMES.DE vs. AMED.DE - Expense Ratio Comparison
Both AMES.DE and AMED.DE have an expense ratio of 0.25%, making them cost-effective options compared to the broader market, where average expense ratios typically range from 0.3% to 0.9%.
Dividends
AMES.DE vs. AMED.DE - Dividend Comparison
Neither AMES.DE nor AMED.DE has paid dividends to shareholders.
Frequently Asked Questions
AMES.DE and AMED.DE have a correlation of 0.77, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
Both ETFs have the same 0.25% expense ratio. The better choice depends on whether you care most about return, fees, risk, or income.
AMES.DE and AMED.DE have the same expense ratio: 0.25% per year.
AMES.DE tracks MSCI Spain, while AMED.DE tracks MSCI EMU ESG Leaders Select 5% Issuer Capped.
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