AMEW.DE vs. XG12.DE
AMEW.DE (Amundi MSCI World UCITS ETF EUR) and XG12.DE (Xtrackers MSCI Global SDG 12 Circular Economy UCITS ETF 1C) are both Global Equities funds - AMEW.DE tracks the MSCI World while XG12.DE tracks the MSCI ACWI IMI SDG 12 Responsible Consumption and Production Select. Both are passively managed. Over the past 3 years, AMEW.DE returned 17.26%/yr vs 12.73%/yr for XG12.DE. A 0.73 correlation means they provide meaningful diversification when combined. AMEW.DE charges 0.38%/yr vs 0.35%/yr for XG12.DE.
Performance
AMEW.DE vs. XG12.DE - Performance Comparison
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Returns By Period
In the year-to-date period, AMEW.DE achieves a 10.74% return, which is significantly lower than XG12.DE's 39.92% return.
AMEW.DE
- 1D
- -0.03%
- 1M
- 4.92%
- YTD
- 10.74%
- 6M
- 11.18%
- 1Y
- 23.45%
- 3Y*
- 17.26%
- 5Y*
- 12.62%
- 10Y*
- 12.59%
XG12.DE
- 1D
- -0.39%
- 1M
- 10.62%
- YTD
- 39.92%
- 6M
- 38.31%
- 1Y
- 54.12%
- 3Y*
- 12.73%
- 5Y*
- —
- 10Y*
- —
AMEW.DE vs. XG12.DE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | |
|---|---|---|---|---|---|
AMEW.DE Amundi MSCI World UCITS ETF EUR | 10.74% | 7.42% | 25.77% | 19.94% | -5.22% |
XG12.DE Xtrackers MSCI Global SDG 12 Circular Economy UCITS ETF 1C | 39.92% | 8.69% | -4.44% | -8.34% | -5.33% |
Correlation
The correlation between AMEW.DE and XG12.DE is 0.78, 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 | 0.78 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.72 |
Correlation (All Time) Calculated using the full available price history since Dec 14, 2022 | 0.73 |
The correlation between AMEW.DE and XG12.DE has been stable across timeframes, ranging from 0.72 to 0.78 - a consistent structural relationship.
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Return for Risk
AMEW.DE vs. XG12.DE — Risk / Return Rank
AMEW.DE
XG12.DE
AMEW.DE vs. XG12.DE - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Amundi MSCI World UCITS ETF EUR (AMEW.DE) and Xtrackers MSCI Global SDG 12 Circular Economy UCITS ETF 1C (XG12.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.
| AMEW.DE | XG12.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -1.23 | ||
| Sortino ratioReturn per unit of downside risk | -1.63 | ||
| Omega ratioGain probability vs. loss probability | 1.39 | 1.59 | -0.19 |
| Calmar ratioReturn relative to maximum drawdown | 3.54 | 7.95 | -4.42 |
| Martin ratioReturn relative to average drawdown | 13.99 | 25.46 | -11.47 |
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
| AMEW.DE | XG12.DE | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 2.10 | 3.33 | -1.23 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.88 | — | — |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.83 | — | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.87 | 0.39 | +0.48 |
Drawdowns
AMEW.DE vs. XG12.DE - Drawdown Comparison
The maximum AMEW.DE drawdown since its inception was -33.73%, which is greater than XG12.DE's maximum drawdown of -32.01%. Use the drawdown chart below to compare losses from any high point for AMEW.DE and XG12.DE.
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Drawdown Indicators
| AMEW.DE | XG12.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -33.73% | -32.01% | -1.72% |
Max Drawdown (1Y)Largest decline over 1 year | -6.61% | -6.77% | +0.16% |
Max Drawdown (3Y)Largest decline over 3 years | -21.69% | -24.98% | +3.29% |
Max Drawdown (5Y)Largest decline over 5 years | -21.69% | — | — |
Max Drawdown (10Y)Largest decline over 10 years | -33.73% | — | — |
Current DrawdownCurrent decline from peak | -0.31% | -1.67% | +1.36% |
Average DrawdownAverage peak-to-trough decline | -4.29% | -14.28% | +9.99% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.67% | 2.12% | -0.45% |
Volatility
AMEW.DE vs. XG12.DE - Volatility Comparison
The current volatility for Amundi MSCI World UCITS ETF EUR (AMEW.DE) is 2.60%, while Xtrackers MSCI Global SDG 12 Circular Economy UCITS ETF 1C (XG12.DE) has a volatility of 6.86%. This indicates that AMEW.DE experiences smaller price fluctuations and is considered to be less risky than XG12.DE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| AMEW.DE | XG12.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 2.60% | 6.86% | -4.26% |
Volatility (6M)Calculated over the trailing 6-month period | 7.64% | 12.62% | -4.98% |
Volatility (1Y)Calculated over the trailing 1-year period | 11.11% | 16.18% | -5.07% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 14.16% | 17.44% | -3.28% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 15.03% | 17.44% | -2.41% |
AMEW.DE vs. XG12.DE - Expense Ratio Comparison
AMEW.DE has a 0.38% expense ratio, which is higher than XG12.DE's 0.35% expense ratio.
Dividends
AMEW.DE vs. XG12.DE - Dividend Comparison
Neither AMEW.DE nor XG12.DE has paid dividends to shareholders.
Frequently Asked Questions
AMEW.DE and XG12.DE have a correlation of 0.78, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, XG12.DE is cheaper at 0.35% per year. The better choice depends on whether you care most about return, fees, risk, or income.
XG12.DE is cheaper with a 0.35% expense ratio, compared with 0.38% for AMEW.DE.
AMEW.DE tracks MSCI World, while XG12.DE tracks MSCI ACWI IMI SDG 12 Responsible Consumption and Production Select. They also come from different issuers: Amundi and Xtrackers. Their fees differ too: 0.38% for AMEW.DE and 0.35% for XG12.DE.
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