AMES.DE vs. HUBE.DE
AMES.DE (Amundi ETF MSCI Spain UCITS ETF EUR) and HUBE.DE (Expat Hungary BUX UCITS ETF) are both Europe Equities funds - AMES.DE tracks the MSCI Spain while HUBE.DE tracks the BUX Index. Both are passively managed. Over the past 5 years, AMES.DE returned 22.11%/yr vs 12.50%/yr for HUBE.DE. At a 0.32 correlation, their price movements are largely independent. AMES.DE charges 0.25%/yr vs 1.38%/yr for HUBE.DE.
Performance
AMES.DE vs. HUBE.DE - Performance Comparison
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Returns By Period
In the year-to-date period, AMES.DE achieves a 13.77% return, which is significantly lower than HUBE.DE's 22.87% return.
AMES.DE
- 1D
- -0.26%
- 1M
- 2.00%
- 6M
- 11.03%
- YTD
- 13.77%
- 1Y
- 43.12%
- 3Y*
- 31.43%
- 5Y*
- 22.11%
- 10Y*
- 12.04%
HUBE.DE
- 1D
- 0.32%
- 1M
- -0.31%
- 6M
- 17.41%
- YTD
- 22.87%
- 1Y
- 41.52%
- 3Y*
- 33.32%
- 5Y*
- 12.50%
- 10Y*
- —
AMES.DE vs. HUBE.DE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | |
|---|---|---|---|---|---|---|---|---|---|
AMES.DE Amundi ETF MSCI Spain UCITS ETF EUR | 13.77% | 55.41% | 19.00% | 26.86% | -0.71% | 6.98% | -12.87% | 15.76% | -10.65% |
HUBE.DE Expat Hungary BUX UCITS ETF | 22.87% | 44.76% | 15.05% | 36.12% | -34.67% | 8.16% | -11.99% | 6.84% | -9.90% |
Correlation
The correlation between AMES.DE and HUBE.DE is 0.34, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.34 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.32 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.34 |
Correlation (All Time) Calculated using the full available price history since Apr 16, 2018 | 0.32 |
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Return for Risk
AMES.DE vs. HUBE.DE — Risk / Return Rank
AMES.DE
HUBE.DE
AMES.DE vs. HUBE.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 Expat Hungary BUX UCITS ETF (HUBE.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.
| AMES.DE | HUBE.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.56 | ||
| Sortino ratioReturn per unit of downside risk | +0.55 | ||
| Omega ratioGain probability vs. loss probability | 1.47 | 1.37 | +0.11 |
| Calmar ratioReturn relative to maximum drawdown | 4.31 | 3.62 | +0.69 |
| Martin ratioReturn relative to average drawdown | 15.26 | 10.80 | +4.47 |
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Drawdowns
AMES.DE vs. HUBE.DE - Drawdown Comparison
The maximum AMES.DE drawdown since its inception was -40.98%, smaller than the maximum HUBE.DE drawdown of -51.39%. Use the drawdown chart below to compare losses from any high point for AMES.DE and HUBE.DE.
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Drawdown Indicators
| AMES.DE | HUBE.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -40.98% | -51.39% | +10.41% |
Max Drawdown (1Y)Largest decline over 1 year | -9.95% | -11.41% | +1.46% |
Max Drawdown (3Y)Largest decline over 3 years | -12.58% | -21.36% | +8.78% |
Max Drawdown (5Y)Largest decline over 5 years | -17.77% | -51.39% | +33.62% |
Max Drawdown (10Y)Largest decline over 10 years | -40.98% | — | — |
Current DrawdownCurrent decline from peak | -2.43% | -1.55% | -0.88% |
Average DrawdownAverage peak-to-trough decline | -10.06% | -16.81% | +6.75% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.82% | 3.83% | -1.01% |
Volatility
AMES.DE vs. HUBE.DE - Volatility Comparison
The current volatility for Amundi ETF MSCI Spain UCITS ETF EUR (AMES.DE) is 4.28%, while Expat Hungary BUX UCITS ETF (HUBE.DE) has a volatility of 4.84%. This indicates that AMES.DE experiences smaller price fluctuations and is considered to be less risky than HUBE.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 | HUBE.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 4.28% | 4.84% | -0.56% |
Volatility (6M)Calculated over the trailing 6-month period | 14.37% | 16.50% | -2.13% |
Volatility (1Y)Calculated over the trailing 1-year period | 16.54% | 20.27% | -3.73% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 16.94% | 24.65% | -7.71% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 18.33% | 21.99% | -3.66% |
AMES.DE vs. HUBE.DE - Expense Ratio Comparison
AMES.DE has a 0.25% expense ratio, which is lower than HUBE.DE's 1.38% expense ratio.
Dividends
AMES.DE vs. HUBE.DE - Dividend Comparison
Neither AMES.DE nor HUBE.DE has paid dividends to shareholders.
Frequently Asked Questions
AMES.DE and HUBE.DE have a correlation of 0.34, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, AMES.DE is cheaper at 0.25% per year. The better choice depends on whether you care most about return, fees, risk, or income.
AMES.DE is cheaper with a 0.25% expense ratio, compared with 1.38% for HUBE.DE.
AMES.DE tracks MSCI Spain, while HUBE.DE tracks BUX Index. They also come from different issuers: Amundi and Expat. Their fees differ too: 0.25% for AMES.DE and 1.38% for HUBE.DE.
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