AYEM.DE vs. PRAM.DE
AYEM.DE (iShares MSCI EM IMI ESG Screened UCITS ETF USD (Acc)) and PRAM.DE (Amundi Prime Emerging Markets UCITS ETF DR (C)) are both Emerging Markets Equities funds - AYEM.DE tracks the MSCI Emerging Markets IMI ESG Screened while PRAM.DE tracks the MSCI EM NR USD. Both are passively managed. Over the past 3 years, AYEM.DE returned 20.23%/yr vs 20.14%/yr for PRAM.DE. Their correlation of 0.94 suggests significant overlap in exposure. AYEM.DE charges 0.18%/yr vs 0.10%/yr for PRAM.DE.
Performance
AYEM.DE vs. PRAM.DE - Performance Comparison
Loading charts...
Returns By Period
The year-to-date returns for both stocks are quite close, with AYEM.DE having a 26.90% return and PRAM.DE slightly lower at 26.47%.
AYEM.DE
- 1D
- -1.29%
- 1M
- 4.35%
- YTD
- 26.90%
- 6M
- 27.17%
- 1Y
- 46.15%
- 3Y*
- 20.23%
- 5Y*
- 8.30%
- 10Y*
- —
PRAM.DE
- 1D
- -1.40%
- 1M
- 3.32%
- YTD
- 26.47%
- 6M
- 26.44%
- 1Y
- 46.39%
- 3Y*
- 20.14%
- 5Y*
- —
- 10Y*
- —
AYEM.DE vs. PRAM.DE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|---|---|
AYEM.DE iShares MSCI EM IMI ESG Screened UCITS ETF USD (Acc) | 26.90% | 17.51% | 14.02% | 6.81% | -14.64% | 0.91% |
PRAM.DE Amundi Prime Emerging Markets UCITS ETF DR (C) | 26.47% | 17.03% | 13.52% | 7.05% | -12.45% | 1.12% |
Correlation
The correlation between AYEM.DE and PRAM.DE is 0.96 - these two move nearly in lockstep. At this level, holding both provides almost no diversification benefit. If you already own one, adding the other does little to reduce portfolio risk.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.96 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.93 |
Correlation (All Time) Calculated using the full available price history since Sep 29, 2021 | 0.94 |
The correlation between AYEM.DE and PRAM.DE has been stable across timeframes, ranging from 0.93 to 0.96 - a consistent structural relationship.
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Return for Risk
AYEM.DE vs. PRAM.DE — Risk / Return Rank
AYEM.DE
PRAM.DE
AYEM.DE vs. PRAM.DE - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for iShares MSCI EM IMI ESG Screened UCITS ETF USD (Acc) (AYEM.DE) and Amundi Prime Emerging Markets UCITS ETF DR (C) (PRAM.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.
| AYEM.DE | PRAM.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | 0.00 | ||
| Sortino ratioReturn per unit of downside risk | +0.07 | ||
| Omega ratioGain probability vs. loss probability | 1.48 | 1.48 | +0.01 |
| Calmar ratioReturn relative to maximum drawdown | 4.30 | 4.52 | -0.22 |
| Martin ratioReturn relative to average drawdown | 15.83 | 15.90 | -0.08 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
Loading charts...
Sharpe Ratios by Period
| AYEM.DE | PRAM.DE | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 2.68 | 2.68 | 0.00 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.50 | — | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.58 | 0.61 | -0.03 |
Drawdowns
AYEM.DE vs. PRAM.DE - Drawdown Comparison
The maximum AYEM.DE drawdown since its inception was -31.19%, which is greater than PRAM.DE's maximum drawdown of -20.90%. Use the drawdown chart below to compare losses from any high point for AYEM.DE and PRAM.DE.
Loading charts...
Drawdown Indicators
| AYEM.DE | PRAM.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -31.19% | -20.90% | -10.29% |
Max Drawdown (1Y)Largest decline over 1 year | -11.01% | -10.54% | -0.47% |
Max Drawdown (3Y)Largest decline over 3 years | -19.14% | -19.02% | -0.12% |
Max Drawdown (5Y)Largest decline over 5 years | -23.38% | — | — |
Current DrawdownCurrent decline from peak | -2.20% | -2.59% | +0.39% |
Average DrawdownAverage peak-to-trough decline | -8.38% | -7.74% | -0.64% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 3.00% | 3.00% | 0.00% |
Volatility
AYEM.DE vs. PRAM.DE - Volatility Comparison
iShares MSCI EM IMI ESG Screened UCITS ETF USD (Acc) (AYEM.DE) and Amundi Prime Emerging Markets UCITS ETF DR (C) (PRAM.DE) have volatilities of 7.02% and 7.09%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| AYEM.DE | PRAM.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 7.02% | 7.09% | -0.07% |
Volatility (6M)Calculated over the trailing 6-month period | 14.89% | 14.98% | -0.09% |
Volatility (1Y)Calculated over the trailing 1-year period | 17.68% | 17.80% | -0.12% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 16.40% | 16.84% | -0.44% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 18.62% | 16.84% | +1.78% |
AYEM.DE vs. PRAM.DE - Expense Ratio Comparison
AYEM.DE has a 0.18% expense ratio, which is higher than PRAM.DE's 0.10% expense ratio. However, both funds are considered low-cost compared to the broader market, where average expense ratios usually range from 0.3% to 0.9%.
Dividends
AYEM.DE vs. PRAM.DE - Dividend Comparison
Neither AYEM.DE nor PRAM.DE has paid dividends to shareholders.
Frequently Asked Questions
With a correlation of 0.96, AYEM.DE and PRAM.DE move almost identically. Holding both adds very little diversification - you're essentially doubling your position in the same market segment. Choosing one is usually more capital-efficient.
On fees, PRAM.DE is cheaper at 0.10% per year. The better choice depends on whether you care most about return, fees, risk, or income.
PRAM.DE is cheaper with a 0.10% expense ratio, compared with 0.18% for AYEM.DE.
AYEM.DE tracks MSCI Emerging Markets IMI ESG Screened, while PRAM.DE tracks MSCI EM NR USD. They also come from different issuers: iShares and Amundi. Their fees differ too: 0.18% for AYEM.DE and 0.10% for PRAM.DE.
Find the right allocation for AYEM.DE and PRAM.DE
Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Optimizer