C024.DE vs. DEAM.DE
C024.DE (Amundi MSCI China A II UCITS ETF Dist) and DEAM.DE (Invesco MDAX UCITS ETF A) are both exchange-traded funds - C024.DE is a China Equities fund tracking the MSCI China A, while DEAM.DE is a Europe Equities fund tracking the MDAX®. Both are passively managed. Over the past 5 years, C024.DE returned 2.16%/yr vs -1.92%/yr for DEAM.DE. At a 0.28 correlation, their price movements are largely independent. C024.DE charges 0.25%/yr vs 0.19%/yr for DEAM.DE.
Performance
C024.DE vs. DEAM.DE - Performance Comparison
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Returns By Period
In the year-to-date period, C024.DE achieves a 18.32% return, which is significantly higher than DEAM.DE's 3.95% return.
C024.DE
- 1D
- 1.69%
- 1M
- 4.51%
- YTD
- 18.32%
- 6M
- 20.17%
- 1Y
- 47.26%
- 3Y*
- 15.57%
- 5Y*
- 2.16%
- 10Y*
- 7.87%
DEAM.DE
- 1D
- 0.61%
- 1M
- -2.26%
- YTD
- 3.95%
- 6M
- 5.04%
- 1Y
- 6.32%
- 3Y*
- 5.52%
- 5Y*
- -1.92%
- 10Y*
- —
C024.DE vs. DEAM.DE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | |
|---|---|---|---|---|---|---|---|---|
C024.DE Amundi MSCI China A II UCITS ETF Dist | 18.32% | 14.97% | 22.87% | -17.78% | -16.16% | 3.42% | 21.54% | 25.16% |
DEAM.DE Invesco MDAX UCITS ETF A | 3.95% | 19.33% | -6.04% | 7.34% | -28.80% | 13.67% | 8.06% | 20.37% |
Correlation
The correlation between C024.DE and DEAM.DE is 0.25, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.25 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.19 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.20 |
Correlation (All Time) Calculated using the full available price history since Feb 11, 2019 | 0.28 |
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Return for Risk
C024.DE vs. DEAM.DE — Risk / Return Rank
C024.DE
DEAM.DE
C024.DE vs. DEAM.DE - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Amundi MSCI China A II UCITS ETF Dist (C024.DE) and Invesco MDAX UCITS ETF A (DEAM.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.
| C024.DE | DEAM.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +2.57 | ||
| Sortino ratioReturn per unit of downside risk | +3.26 | ||
| Omega ratioGain probability vs. loss probability | 1.50 | 1.07 | +0.43 |
| Calmar ratioReturn relative to maximum drawdown | 6.94 | 0.42 | +6.52 |
| Martin ratioReturn relative to average drawdown | 20.15 | 1.19 | +18.96 |
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Drawdowns
C024.DE vs. DEAM.DE - Drawdown Comparison
The maximum C024.DE drawdown since its inception was -49.68%, which is greater than DEAM.DE's maximum drawdown of -40.04%. Use the drawdown chart below to compare losses from any high point for C024.DE and DEAM.DE.
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Drawdown Indicators
| C024.DE | DEAM.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -49.68% | -40.04% | -9.64% |
Max Drawdown (1Y)Largest decline over 1 year | -6.78% | -14.95% | +8.17% |
Max Drawdown (3Y)Largest decline over 3 years | -25.82% | -18.48% | -7.34% |
Max Drawdown (5Y)Largest decline over 5 years | -39.34% | -40.04% | +0.70% |
Max Drawdown (10Y)Largest decline over 10 years | -47.10% | — | — |
Current DrawdownCurrent decline from peak | -3.43% | -13.72% | +10.29% |
Average DrawdownAverage peak-to-trough decline | -26.32% | -16.21% | -10.11% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.34% | 5.31% | -2.97% |
Volatility
C024.DE vs. DEAM.DE - Volatility Comparison
Amundi MSCI China A II UCITS ETF Dist (C024.DE) has a higher volatility of 6.00% compared to Invesco MDAX UCITS ETF A (DEAM.DE) at 5.05%. This indicates that C024.DE's price experiences larger fluctuations and is considered to be riskier than DEAM.DE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| C024.DE | DEAM.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 6.00% | 5.05% | +0.95% |
Volatility (6M)Calculated over the trailing 6-month period | 12.01% | 15.72% | -3.71% |
Volatility (1Y)Calculated over the trailing 1-year period | 16.20% | 18.59% | -2.39% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 22.82% | 19.34% | +3.48% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 24.04% | 19.58% | +4.46% |
C024.DE vs. DEAM.DE - Expense Ratio Comparison
C024.DE has a 0.25% expense ratio, which is higher than DEAM.DE's 0.19% 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
C024.DE vs. DEAM.DE - Dividend Comparison
C024.DE's dividend yield for the trailing twelve months is around 1.60%, while DEAM.DE has not paid dividends to shareholders.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 |
|---|---|---|---|---|---|---|---|---|---|
C024.DE Amundi MSCI China A II UCITS ETF Dist | 1.60% | 1.89% | 2.19% | 1.98% | 1.34% | 1.22% | 1.42% | 1.88% | 2.49% |
DEAM.DE Invesco MDAX UCITS ETF A | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Frequently Asked Questions
C024.DE and DEAM.DE have a correlation of 0.25, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, DEAM.DE is cheaper at 0.19% per year. The better choice depends on whether you care most about return, fees, risk, or income.
DEAM.DE is cheaper with a 0.19% expense ratio, compared with 0.25% for C024.DE.
C024.DE is categorized as China Equities, while DEAM.DE is Europe Equities. C024.DE tracks MSCI China A, while DEAM.DE tracks MDAX®. They also come from different issuers: Amundi and Invesco. Their fees differ too: 0.25% for C024.DE and 0.19% for DEAM.DE.
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