AUEG.L vs. EWW

Last updated Apr 2, 2026

Compare and contrast key facts about Amundi MSCI Emerging Markets UCITS ETF USD (AUEG.L) and iShares MSCI Mexico ETF (EWW).

AUEG.L and EWW are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. AUEG.L is a passively managed fund by Amundi that tracks the performance of the MSCI EM NR USD. It was launched on Apr 18, 2018. EWW is a passively managed fund by iShares that tracks the performance of the MSCI Mexico IMI 25/50 Index. It was launched on Mar 12, 1996. Both AUEG.L and EWW are passive ETFs, meaning that they are not actively managed but aim to replicate the performance of the underlying index as closely as possible.

Performance

AUEG.L vs. EWW - Performance Comparison

The chart below illustrates the hypothetical performance of a £10,000 investment in Amundi MSCI Emerging Markets UCITS ETF USD (AUEG.L) and iShares MSCI Mexico ETF (EWW). The values are adjusted to include any dividend payments, if applicable.

AUEG.L vs. EWW - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
AUEG.L Amundi MSCI Emerging Markets UCITS ETF USD	5.81%	25.28%	8.99%	3.02%	-10.18%	-2.18%	14.26%	13.31%	-9.74%	25.23%
EWW iShares MSCI Mexico ETF	11.97%	42.70%	-26.96%	33.31%	13.28%	21.41%	-5.91%	8.35%	-9.51%	4.57%

Different Trading Currencies

AUEG.L is traded in GBp, while EWW is traded in USD. To make them comparable, the EWW values have been converted to GBp using the latest available exchange rates.

Returns By Period

In the year-to-date period, AUEG.L achieves a 5.81% return, which is significantly lower than EWW's 11.97% return. Over the past 10 years, AUEG.L has outperformed EWW with an annualized return of 8.85%, while EWW has yielded a comparatively lower 7.07% annualized return.

AUEG.L

• 1D: 3.27%
• 1M: -5.61%
• YTD: 5.81%
• 6M: 10.15%
• 1Y: 30.76%
• 3Y*: 13.79%
• 5Y*: 5.05%
• 10Y*: 8.85%

EWW

• 1D: 1.28%
• 1M: -2.80%
• YTD: 11.97%
• 6M: 18.52%
• 1Y: 48.42%
• 3Y*: 9.63%
• 5Y*: 15.88%
• 10Y*: 7.07%

*Multi-year figures are annualized to reflect compound growth (CAGR)

AUEG.L vs. EWW - Expense Ratio Comparison

AUEG.L has a 0.20% expense ratio, which is lower than EWW's 0.49% expense ratio.

EWW

iShares MSCI Mexico ETF

AUEG.L

Amundi MSCI Emerging Markets UCITS ETF USD

Return for Risk

AUEG.L vs. EWW — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

AUEG.L

AUEG.L Risk / Return Rank: 85
AUEG.L Sharpe Ratio Rank: 86
AUEG.L Sortino Ratio Rank: 85
AUEG.L Omega Ratio Rank: 85
AUEG.L Calmar Ratio Rank: 86
AUEG.L Martin Ratio Rank: 82

EWW

EWW Risk / Return Rank: 92
EWW Sharpe Ratio Rank: 91
EWW Sortino Ratio Rank: 92
EWW Omega Ratio Rank: 90
EWW Calmar Ratio Rank: 94
EWW Martin Ratio Rank: 94

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

AUEG.L vs. EWW - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Amundi MSCI Emerging Markets UCITS ETF USD (AUEG.L) and iShares MSCI Mexico ETF (EWW). 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.

	AUEG.L	EWW	Difference
Sharpe ratio Return per unit of total volatility	1.86	2.14	-0.28
Sortino ratio Return per unit of downside risk	2.40	2.82	-0.43
Omega ratio Gain probability vs. loss probability	1.35	1.39	-0.04
Calmar ratio Return relative to maximum drawdown	2.86	3.93	-1.08
Martin ratio Return relative to average drawdown	10.04	15.81	-5.78
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

AUEG.L vs. EWW - Sharpe Ratio Comparison

The current AUEG.L Sharpe Ratio is 1.86, which is comparable to the EWW Sharpe Ratio of 2.14. The chart below compares the historical Sharpe Ratios of AUEG.L and EWW, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

Sharpe Ratios by Period

	AUEG.L	EWW	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	1.86	2.14	-0.28
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.32	0.77	-0.45
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.50	0.29	+0.21
Sharpe Ratio (All Time) Calculated using the full available price history	0.54	0.23	+0.30

Correlation

The correlation between AUEG.L and EWW is 0.46, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.

Dividends

AUEG.L vs. EWW - Dividend Comparison

AUEG.L has not paid dividends to shareholders, while EWW's dividend yield for the trailing twelve months is around 3.16%.

	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
AUEG.L Amundi MSCI Emerging Markets UCITS ETF USD	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
EWW iShares MSCI Mexico ETF	3.16%	3.48%	4.39%	2.19%	3.64%	2.06%	1.43%	2.92%	2.30%	2.22%	1.77%	2.34%

Drawdowns

AUEG.L vs. EWW - Drawdown Comparison

The maximum AUEG.L drawdown since its inception was -27.50%, smaller than the maximum EWW drawdown of -51.67%. Use the drawdown chart below to compare losses from any high point for AUEG.L and EWW.

Drawdown Indicators

	AUEG.L	EWW	Difference
Max Drawdown Largest peak-to-trough decline	-27.50%	-64.94%	+37.44%
Max Drawdown (1Y) Largest decline over 1 year	-10.97%	-13.98%	+3.01%
Max Drawdown (5Y) Largest decline over 5 years	-23.59%	-31.17%	+7.58%
Max Drawdown (10Y) Largest decline over 10 years	-27.50%	-53.62%	+26.12%
Current Drawdown Current decline from peak	-7.71%	-5.98%	-1.73%
Average Drawdown Average peak-to-trough decline	-9.29%	-18.60%	+9.31%
Ulcer Index Depth and duration of drawdowns from previous peaks	3.12%	3.68%	-0.56%

Volatility

AUEG.L vs. EWW - Volatility Comparison

The current volatility for Amundi MSCI Emerging Markets UCITS ETF USD (AUEG.L) is 7.08%, while iShares MSCI Mexico ETF (EWW) has a volatility of 9.74%. This indicates that AUEG.L experiences smaller price fluctuations and is considered to be less risky than EWW based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	AUEG.L	EWW	Difference
Volatility (1M) Calculated over the trailing 1-month period	7.08%	9.74%	-2.66%
Volatility (6M) Calculated over the trailing 6-month period	12.46%	16.43%	-3.97%
Volatility (1Y) Calculated over the trailing 1-year period	16.53%	22.81%	-6.28%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	15.80%	20.66%	-4.86%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	17.75%	24.23%	-6.48%