AVEM.DE vs. EUNY.DE
AVEM.DE (Avantis Emerging Markets Equity UCITS ETF USD Acc) and EUNY.DE (iShares Emerging Markets Dividend UCITS ETF) are both Emerging Markets Equities funds. AVEM.DE is actively managed, while EUNY.DE is passively managed. Over the past year, AVEM.DE returned 32.37% vs 23.93% for EUNY.DE. A 0.65 correlation means they provide meaningful diversification when combined. AVEM.DE charges 0.35%/yr vs 0.65%/yr for EUNY.DE.
Performance
AVEM.DE vs. EUNY.DE - Performance Comparison
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Returns By Period
In the year-to-date period, AVEM.DE achieves a 17.97% return, which is significantly higher than EUNY.DE's 12.05% return.
AVEM.DE
- 1D
- -1.72%
- 1M
- -6.89%
- 6M
- 12.41%
- YTD
- 17.97%
- 1Y
- 32.37%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
EUNY.DE
- 1D
- -0.12%
- 1M
- -1.42%
- 6M
- 6.09%
- YTD
- 12.05%
- 1Y
- 23.93%
- 3Y*
- 17.79%
- 5Y*
- 5.47%
- 10Y*
- 6.07%
AVEM.DE vs. EUNY.DE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | |
|---|---|---|---|
AVEM.DE Avantis Emerging Markets Equity UCITS ETF USD Acc | 17.97% | 21.39% | -2.44% |
EUNY.DE iShares Emerging Markets Dividend UCITS ETF | 12.05% | 13.97% | -2.74% |
Correlation
The correlation between AVEM.DE and EUNY.DE is 0.59, 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 | 0.59 |
Correlation (All Time) Calculated using the full available price history since Dec 12, 2024 | 0.65 |
The correlation between AVEM.DE and EUNY.DE has been stable across timeframes, ranging from 0.59 to 0.65 - a consistent structural relationship.
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Return for Risk
AVEM.DE vs. EUNY.DE — Risk / Return Rank
AVEM.DE
EUNY.DE
AVEM.DE vs. EUNY.DE - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Avantis Emerging Markets Equity UCITS ETF USD Acc (AVEM.DE) and iShares Emerging Markets Dividend UCITS ETF (EUNY.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.
| AVEM.DE | EUNY.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.26 | ||
| Sortino ratioReturn per unit of downside risk | -0.39 | ||
| Omega ratioGain probability vs. loss probability | 1.31 | 1.34 | -0.04 |
| Calmar ratioReturn relative to maximum drawdown | 2.76 | 4.41 | -1.65 |
| Martin ratioReturn relative to average drawdown | 9.84 | 12.29 | -2.46 |
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Drawdowns
AVEM.DE vs. EUNY.DE - Drawdown Comparison
The maximum AVEM.DE drawdown since its inception was -18.44%, smaller than the maximum EUNY.DE drawdown of -50.11%. Use the drawdown chart below to compare losses from any high point for AVEM.DE and EUNY.DE.
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Drawdown Indicators
| AVEM.DE | EUNY.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -18.44% | -50.11% | +31.67% |
Max Drawdown (1Y)Largest decline over 1 year | -12.03% | -5.40% | -6.63% |
Max Drawdown (3Y)Largest decline over 3 years | — | -15.70% | — |
Max Drawdown (5Y)Largest decline over 5 years | — | -31.41% | — |
Max Drawdown (10Y)Largest decline over 10 years | — | -36.29% | — |
Current DrawdownCurrent decline from peak | -9.73% | -2.29% | -7.44% |
Average DrawdownAverage peak-to-trough decline | -2.66% | -20.25% | +17.59% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 3.39% | 1.94% | +1.45% |
Volatility
AVEM.DE vs. EUNY.DE - Volatility Comparison
Avantis Emerging Markets Equity UCITS ETF USD Acc (AVEM.DE) has a higher volatility of 9.61% compared to iShares Emerging Markets Dividend UCITS ETF (EUNY.DE) at 3.14%. This indicates that AVEM.DE's price experiences larger fluctuations and is considered to be riskier than EUNY.DE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| AVEM.DE | EUNY.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 9.61% | 3.14% | +6.47% |
Volatility (6M)Calculated over the trailing 6-month period | 18.01% | 10.10% | +7.91% |
Volatility (1Y)Calculated over the trailing 1-year period | 20.27% | 12.50% | +7.77% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 19.56% | 15.68% | +3.88% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 19.56% | 16.65% | +2.91% |
AVEM.DE vs. EUNY.DE - Expense Ratio Comparison
AVEM.DE has a 0.35% expense ratio, which is lower than EUNY.DE's 0.65% expense ratio.
Dividends
AVEM.DE vs. EUNY.DE - Dividend Comparison
AVEM.DE has not paid dividends to shareholders, while EUNY.DE's dividend yield for the trailing twelve months is around 5.03%.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
AVEM.DE Avantis Emerging Markets Equity UCITS ETF USD Acc | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
EUNY.DE iShares Emerging Markets Dividend UCITS ETF | 5.03% | 5.83% | 7.71% | 8.05% | 9.57% | 6.35% | 5.09% | 5.58% | 5.64% | 4.10% | 4.36% | 6.39% |
Frequently Asked Questions
AVEM.DE and EUNY.DE have a correlation of 0.59, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, AVEM.DE is cheaper at 0.35% per year. The better choice depends on whether you care most about return, fees, risk, or income.
AVEM.DE is cheaper with a 0.35% expense ratio, compared with 0.65% for EUNY.DE.
They also come from different issuers: Avantis and iShares. Their fees differ too: 0.35% for AVEM.DE and 0.65% for EUNY.DE.
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