AXQT.DE vs. AMEE.DE
AXQT.DE (AXA IM MSCI Emerging Markets ex-China Equity PAB UCITS ETF USD Acc) and AMEE.DE (Amundi Global Hydrogen ESG Screened UCITS ETF EUR Acc) are both exchange-traded funds - AXQT.DE is a Emerging Markets Equities fund tracking the MSCI Emerging Markets ex China Climate Paris Aligned, while AMEE.DE is a Energy Equities fund tracking the Bloomberg Hydrogen ESG. Both are passively managed. Over the past year, AXQT.DE returned 67.38% vs 59.52% for AMEE.DE. A 0.59 correlation means they provide meaningful diversification when combined. AXQT.DE charges 0.27%/yr vs 0.45%/yr for AMEE.DE.
Performance
AXQT.DE vs. AMEE.DE - Performance Comparison
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Returns By Period
In the year-to-date period, AXQT.DE achieves a 42.66% return, which is significantly higher than AMEE.DE's 25.34% return.
AXQT.DE
- 1D
- 0.00%
- 1M
- 2.71%
- YTD
- 42.66%
- 6M
- 44.42%
- 1Y
- 67.38%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
AMEE.DE
- 1D
- -0.68%
- 1M
- -5.42%
- YTD
- 25.34%
- 6M
- 26.10%
- 1Y
- 59.52%
- 3Y*
- 32.29%
- 5Y*
- 27.39%
- 10Y*
- 15.00%
AXQT.DE vs. AMEE.DE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | |
|---|---|---|
AXQT.DE AXA IM MSCI Emerging Markets ex-China Equity PAB UCITS ETF USD Acc | 42.66% | 24.51% |
AMEE.DE Amundi Global Hydrogen ESG Screened UCITS ETF EUR Acc | 25.34% | 33.54% |
Correlation
The correlation between AXQT.DE and AMEE.DE is 0.57, 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 | 0.57 |
Correlation (All Time) Calculated using the full available price history since Mar 31, 2025 | 0.59 |
The correlation between AXQT.DE and AMEE.DE has been stable across timeframes, ranging from 0.57 to 0.59 - a consistent structural relationship.
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Return for Risk
AXQT.DE vs. AMEE.DE — Risk / Return Rank
AXQT.DE
AMEE.DE
AXQT.DE vs. AMEE.DE - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for AXA IM MSCI Emerging Markets ex-China Equity PAB UCITS ETF USD Acc (AXQT.DE) and Amundi Global Hydrogen ESG Screened UCITS ETF EUR Acc (AMEE.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.
| AXQT.DE | AMEE.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.21 | ||
| Sortino ratioReturn per unit of downside risk | +0.07 | ||
| Omega ratioGain probability vs. loss probability | 1.58 | 1.48 | +0.09 |
| Calmar ratioReturn relative to maximum drawdown | 5.89 | 6.46 | -0.57 |
| Martin ratioReturn relative to average drawdown | 20.69 | 20.23 | +0.46 |
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Drawdowns
AXQT.DE vs. AMEE.DE - Drawdown Comparison
The maximum AXQT.DE drawdown since its inception was -12.88%, smaller than the maximum AMEE.DE drawdown of -59.14%. Use the drawdown chart below to compare losses from any high point for AXQT.DE and AMEE.DE.
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Drawdown Indicators
| AXQT.DE | AMEE.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -12.88% | -59.14% | +46.26% |
Max Drawdown (1Y)Largest decline over 1 year | -11.49% | -9.17% | -2.32% |
Max Drawdown (3Y)Largest decline over 3 years | — | -15.74% | — |
Max Drawdown (5Y)Largest decline over 5 years | — | -19.23% | — |
Max Drawdown (10Y)Largest decline over 10 years | — | -59.14% | — |
Current DrawdownCurrent decline from peak | -5.22% | -5.42% | +0.20% |
Average DrawdownAverage peak-to-trough decline | -2.10% | -10.42% | +8.32% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 3.27% | 2.93% | +0.34% |
Volatility
AXQT.DE vs. AMEE.DE - Volatility Comparison
AXA IM MSCI Emerging Markets ex-China Equity PAB UCITS ETF USD Acc (AXQT.DE) has a higher volatility of 9.39% compared to Amundi Global Hydrogen ESG Screened UCITS ETF EUR Acc (AMEE.DE) at 5.36%. This indicates that AXQT.DE's price experiences larger fluctuations and is considered to be riskier than AMEE.DE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| AXQT.DE | AMEE.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 9.39% | 5.36% | +4.03% |
Volatility (6M)Calculated over the trailing 6-month period | 18.18% | 14.61% | +3.57% |
Volatility (1Y)Calculated over the trailing 1-year period | 20.72% | 19.39% | +1.33% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 21.49% | 22.26% | -0.77% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 21.49% | 25.59% | -4.10% |
AXQT.DE vs. AMEE.DE - Expense Ratio Comparison
AXQT.DE has a 0.27% expense ratio, which is lower than AMEE.DE's 0.45% expense ratio.
Dividends
AXQT.DE vs. AMEE.DE - Dividend Comparison
Neither AXQT.DE nor AMEE.DE has paid dividends to shareholders.
Frequently Asked Questions
AXQT.DE and AMEE.DE have a correlation of 0.57, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, AXQT.DE is cheaper at 0.27% per year. The better choice depends on whether you care most about return, fees, risk, or income.
AXQT.DE is cheaper with a 0.27% expense ratio, compared with 0.45% for AMEE.DE.
AXQT.DE is categorized as Emerging Markets Equities, while AMEE.DE is Energy Equities. AXQT.DE tracks MSCI Emerging Markets ex China Climate Paris Aligned, while AMEE.DE tracks Bloomberg Hydrogen ESG. They also come from different issuers: AXA IM and Amundi. Their fees differ too: 0.27% for AXQT.DE and 0.45% for AMEE.DE.
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