CEMQ.DE vs. AMEL.DE
CEMQ.DE (iShares Edge MSCI Europe Quality Factor UCITS ETF) and AMEL.DE (Amundi MSCI Emerging Markets Latin America UCITS ETF EUR) are both exchange-traded funds - CEMQ.DE is a Europe Equities fund tracking the MSCI Europe Sector Neutral Quality, while AMEL.DE is a Latin America Equities fund tracking the MSCI Emerging Markets Latin America. Both are passively managed. Over the past 10 years, CEMQ.DE returned 7.82%/yr vs 7.43%/yr for AMEL.DE. At a 0.50 correlation, their price movements are largely independent. CEMQ.DE charges 0.25%/yr vs 0.20%/yr for AMEL.DE.
Performance
CEMQ.DE vs. AMEL.DE - Performance Comparison
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Returns By Period
In the year-to-date period, CEMQ.DE achieves a 4.17% return, which is significantly lower than AMEL.DE's 10.83% return. Both investments have delivered pretty close results over the past 10 years, with CEMQ.DE having a 7.82% annualized return and AMEL.DE not far behind at 7.43%.
CEMQ.DE
- 1D
- 0.82%
- 1M
- -0.63%
- YTD
- 4.17%
- 6M
- 5.95%
- 1Y
- 6.60%
- 3Y*
- 7.83%
- 5Y*
- 5.86%
- 10Y*
- 7.82%
AMEL.DE
- 1D
- -0.86%
- 1M
- -7.35%
- YTD
- 10.83%
- 6M
- 10.61%
- 1Y
- 34.11%
- 3Y*
- 10.77%
- 5Y*
- 9.48%
- 10Y*
- 7.43%
CEMQ.DE vs. AMEL.DE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
CEMQ.DE iShares Edge MSCI Europe Quality Factor UCITS ETF | 4.17% | 10.17% | 3.72% | 14.50% | -11.87% | 26.64% | 1.09% | 32.48% | -7.31% | 10.34% |
AMEL.DE Amundi MSCI Emerging Markets Latin America UCITS ETF EUR | 10.83% | 38.06% | -22.22% | 28.09% | 16.34% | -3.21% | -21.29% | 20.69% | -3.27% | 8.15% |
Correlation
The correlation between CEMQ.DE and AMEL.DE is 0.45, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.45 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.43 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.43 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.47 |
Correlation (All Time) Calculated using the full available price history since Jan 21, 2015 | 0.50 |
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Return for Risk
CEMQ.DE vs. AMEL.DE — Risk / Return Rank
CEMQ.DE
AMEL.DE
CEMQ.DE vs. AMEL.DE - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for iShares Edge MSCI Europe Quality Factor UCITS ETF (CEMQ.DE) and Amundi MSCI Emerging Markets Latin America UCITS ETF EUR (AMEL.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.
| CEMQ.DE | AMEL.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -1.33 | ||
| Sortino ratioReturn per unit of downside risk | -1.71 | ||
| Omega ratioGain probability vs. loss probability | 1.11 | 1.33 | -0.22 |
| Calmar ratioReturn relative to maximum drawdown | 0.80 | 3.16 | -2.36 |
| Martin ratioReturn relative to average drawdown | 2.14 | 9.66 | -7.53 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| CEMQ.DE | AMEL.DE | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 0.57 | 1.90 | -1.33 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.41 | 0.45 | -0.04 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.52 | 0.29 | +0.23 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.48 | 0.12 | +0.35 |
Drawdowns
CEMQ.DE vs. AMEL.DE - Drawdown Comparison
The maximum CEMQ.DE drawdown since its inception was -33.74%, smaller than the maximum AMEL.DE drawdown of -52.69%. Use the drawdown chart below to compare losses from any high point for CEMQ.DE and AMEL.DE.
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Drawdown Indicators
| CEMQ.DE | AMEL.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -33.74% | -52.69% | +18.95% |
Max Drawdown (1Y)Largest decline over 1 year | -8.40% | -10.86% | +2.46% |
Max Drawdown (3Y)Largest decline over 3 years | -14.90% | -25.38% | +10.48% |
Max Drawdown (5Y)Largest decline over 5 years | -19.69% | -25.38% | +5.69% |
Max Drawdown (10Y)Largest decline over 10 years | -33.74% | -51.31% | +17.57% |
Current DrawdownCurrent decline from peak | -2.60% | -10.86% | +8.26% |
Average DrawdownAverage peak-to-trough decline | -5.35% | -17.89% | +12.54% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 3.17% | 3.57% | -0.40% |
Volatility
CEMQ.DE vs. AMEL.DE - Volatility Comparison
The current volatility for iShares Edge MSCI Europe Quality Factor UCITS ETF (CEMQ.DE) is 3.97%, while Amundi MSCI Emerging Markets Latin America UCITS ETF EUR (AMEL.DE) has a volatility of 5.32%. This indicates that CEMQ.DE experiences smaller price fluctuations and is considered to be less risky than AMEL.DE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| CEMQ.DE | AMEL.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 3.97% | 5.32% | -1.35% |
Volatility (6M)Calculated over the trailing 6-month period | 9.53% | 15.30% | -5.77% |
Volatility (1Y)Calculated over the trailing 1-year period | 11.93% | 18.10% | -6.17% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 14.02% | 20.90% | -6.88% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 15.02% | 25.27% | -10.25% |
CEMQ.DE vs. AMEL.DE - Expense Ratio Comparison
CEMQ.DE has a 0.25% expense ratio, which is higher than AMEL.DE's 0.20% 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
CEMQ.DE vs. AMEL.DE - Dividend Comparison
Neither CEMQ.DE nor AMEL.DE has paid dividends to shareholders.
Frequently Asked Questions
CEMQ.DE and AMEL.DE have a correlation of 0.45, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, AMEL.DE is cheaper at 0.20% per year. The better choice depends on whether you care most about return, fees, risk, or income.
AMEL.DE is cheaper with a 0.20% expense ratio, compared with 0.25% for CEMQ.DE.
CEMQ.DE is categorized as Europe Equities, while AMEL.DE is Latin America Equities. CEMQ.DE tracks MSCI Europe Sector Neutral Quality, while AMEL.DE tracks MSCI Emerging Markets Latin America. They also come from different issuers: iShares and Amundi. Their fees differ too: 0.25% for CEMQ.DE and 0.20% for AMEL.DE.
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