E903.DE vs. AMED.DE
E903.DE (Amundi DivDAX II UCITS ETF Dist) and AMED.DE (Amundi MSCI EMU ESG Leaders Select UCITS ETF DR EUR (C)) are both Europe Equities funds from Amundi - E903.DE tracks the DivDAX® while AMED.DE tracks the MSCI EMU ESG Leaders Select 5% Issuer Capped. Both are passively managed. Over the past 10 years, E903.DE returned 7.64%/yr vs 9.75%/yr for AMED.DE. Their correlation of 0.87 suggests significant overlap in exposure. Both charge a 0.25% expense ratio.
Performance
E903.DE vs. AMED.DE - Performance Comparison
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Returns By Period
In the year-to-date period, E903.DE achieves a 1.54% return, which is significantly lower than AMED.DE's 16.87% return. Over the past 10 years, E903.DE has underperformed AMED.DE with an annualized return of 7.64%, while AMED.DE has yielded a comparatively higher 9.75% annualized return.
E903.DE
- 1D
- -0.69%
- 1M
- -2.94%
- YTD
- 1.54%
- 6M
- 3.05%
- 1Y
- 8.07%
- 3Y*
- 9.49%
- 5Y*
- 5.65%
- 10Y*
- 7.64%
AMED.DE
- 1D
- 0.51%
- 1M
- 5.71%
- YTD
- 16.87%
- 6M
- 18.51%
- 1Y
- 26.18%
- 3Y*
- 16.11%
- 5Y*
- 10.41%
- 10Y*
- 9.75%
E903.DE vs. AMED.DE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
E903.DE Amundi DivDAX II UCITS ETF Dist | 1.54% | 21.96% | 4.36% | 17.02% | -10.82% | 13.58% | 1.62% | 23.29% | -16.27% | 13.76% |
AMED.DE Amundi MSCI EMU ESG Leaders Select UCITS ETF DR EUR (C) | 16.87% | 20.15% | 5.95% | 16.68% | -10.71% | 20.90% | -1.35% | 27.22% | -12.98% | 11.86% |
Correlation
The correlation between E903.DE and AMED.DE is 0.65, 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 | 0.65 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.75 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.81 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.86 |
Correlation (All Time) Calculated using the full available price history since Nov 30, 2015 | 0.87 |
Over the past year, the correlation between E903.DE and AMED.DE has dropped to 0.65 - well below their long-term average of 0.87, suggesting their price drivers have been diverging.
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Return for Risk
E903.DE vs. AMED.DE — Risk / Return Rank
E903.DE
AMED.DE
E903.DE vs. AMED.DE - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Amundi DivDAX II UCITS ETF Dist (E903.DE) and Amundi MSCI EMU ESG Leaders Select UCITS ETF DR EUR (C) (AMED.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.
| E903.DE | AMED.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -1.16 | ||
| Sortino ratioReturn per unit of downside risk | -1.67 | ||
| Omega ratioGain probability vs. loss probability | 1.11 | 1.33 | -0.22 |
| Calmar ratioReturn relative to maximum drawdown | 0.84 | 2.49 | -1.66 |
| Martin ratioReturn relative to average drawdown | 2.33 | 9.40 | -7.07 |
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
| E903.DE | AMED.DE | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 0.58 | 1.74 | -1.16 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.33 | 0.65 | -0.32 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.41 | 0.57 | -0.16 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.34 | 0.47 | -0.13 |
Drawdowns
E903.DE vs. AMED.DE - Drawdown Comparison
The maximum E903.DE drawdown since its inception was -41.56%, which is greater than AMED.DE's maximum drawdown of -38.35%. Use the drawdown chart below to compare losses from any high point for E903.DE and AMED.DE.
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Drawdown Indicators
| E903.DE | AMED.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -41.56% | -38.35% | -3.21% |
Max Drawdown (1Y)Largest decline over 1 year | -9.92% | -10.56% | +0.64% |
Max Drawdown (3Y)Largest decline over 3 years | -15.78% | -14.07% | -1.71% |
Max Drawdown (5Y)Largest decline over 5 years | -25.37% | -24.06% | -1.31% |
Max Drawdown (10Y)Largest decline over 10 years | -41.56% | -38.35% | -3.21% |
Current DrawdownCurrent decline from peak | -5.02% | -0.17% | -4.85% |
Average DrawdownAverage peak-to-trough decline | -6.52% | -6.69% | +0.17% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 3.55% | 2.81% | +0.74% |
Volatility
E903.DE vs. AMED.DE - Volatility Comparison
The current volatility for Amundi DivDAX II UCITS ETF Dist (E903.DE) is 3.68%, while Amundi MSCI EMU ESG Leaders Select UCITS ETF DR EUR (C) (AMED.DE) has a volatility of 5.61%. This indicates that E903.DE experiences smaller price fluctuations and is considered to be less risky than AMED.DE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| E903.DE | AMED.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 3.68% | 5.61% | -1.93% |
Volatility (6M)Calculated over the trailing 6-month period | 11.25% | 12.64% | -1.39% |
Volatility (1Y)Calculated over the trailing 1-year period | 14.37% | 15.19% | -0.82% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 17.11% | 15.87% | +1.24% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 18.68% | 17.00% | +1.68% |
E903.DE vs. AMED.DE - Expense Ratio Comparison
Both E903.DE and AMED.DE have an expense ratio of 0.25%, making them cost-effective options compared to the broader market, where average expense ratios typically range from 0.3% to 0.9%.
Dividends
E903.DE vs. AMED.DE - Dividend Comparison
E903.DE's dividend yield for the trailing twelve months is around 3.61%, while AMED.DE has not paid dividends to shareholders.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
AMED.DE Amundi MSCI EMU ESG Leaders Select UCITS ETF DR EUR (C) | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
E903.DE Amundi DivDAX II UCITS ETF Dist | 3.61% | 3.66% | 4.20% | 5.26% | 3.88% | 2.62% | 3.28% | 3.24% | 3.74% | 2.45% | 2.97% |
Frequently Asked Questions
E903.DE and AMED.DE have a correlation of 0.65, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
Both ETFs have the same 0.25% expense ratio. The better choice depends on whether you care most about return, fees, risk, or income.
E903.DE and AMED.DE have the same expense ratio: 0.25% per year.
E903.DE tracks DivDAX®, while AMED.DE tracks MSCI EMU ESG Leaders Select 5% Issuer Capped.
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