EMNE.DE vs. AMED.DE
EMNE.DE (iShares MSCI EMU CTB Enhanced ESG UCITS ETF EUR (Dist)) and AMED.DE (Amundi MSCI EMU ESG Leaders Select UCITS ETF DR EUR (C)) are both Europe Equities funds - EMNE.DE tracks the MSCI EMU ESG Enhanced Focus CTB Index while AMED.DE tracks the MSCI EMU ESG Leaders Select 5% Issuer Capped. Both are passively managed. Over the past 5 years, EMNE.DE returned 10.53%/yr vs 10.96%/yr for AMED.DE. Their correlation of 0.85 suggests significant overlap in exposure. EMNE.DE charges 0.12%/yr vs 0.25%/yr for AMED.DE.
Performance
EMNE.DE vs. AMED.DE - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, EMNE.DE achieves a 10.66% return, which is significantly lower than AMED.DE's 19.18% return.
EMNE.DE
- 1D
- -0.22%
- 1M
- -0.33%
- 6M
- 7.66%
- YTD
- 10.66%
- 1Y
- 20.09%
- 3Y*
- 15.22%
- 5Y*
- 10.53%
- 10Y*
- —
AMED.DE
- 1D
- -0.11%
- 1M
- 0.22%
- 6M
- 16.44%
- YTD
- 19.18%
- 1Y
- 29.72%
- 3Y*
- 16.01%
- 5Y*
- 10.96%
- 10Y*
- —
EMNE.DE vs. AMED.DE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | |
|---|---|---|---|---|---|---|---|---|
EMNE.DE iShares MSCI EMU CTB Enhanced ESG UCITS ETF EUR (Dist) | 10.66% | 22.18% | 9.86% | 18.79% | -12.35% | 22.75% | 1.44% | 16.09% |
AMED.DE Amundi MSCI EMU ESG Leaders Select UCITS ETF DR EUR (C) | 19.18% | 20.15% | 5.95% | 16.68% | -10.71% | 20.90% | -1.35% | 14.44% |
Correlation
The correlation between EMNE.DE and AMED.DE is 0.95, indicating a strong positive relationship between their price movements. Combining them offers limited diversification - they tend to fall together during downturns.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.95 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.96 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.97 |
Correlation (All Time) Calculated using the full available price history since Mar 8, 2019 | 0.85 |
The correlation between EMNE.DE and AMED.DE shifts across timeframes, from 0.85 (all time) to 0.97 (5 years), reflecting how their relationship changes across market environments.
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
EMNE.DE vs. AMED.DE — Risk / Return Rank
EMNE.DE
AMED.DE
EMNE.DE vs. AMED.DE - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for iShares MSCI EMU CTB Enhanced ESG UCITS ETF EUR (Dist) (EMNE.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.
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.
| EMNE.DE | AMED.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.60 | ||
| Sortino ratioReturn per unit of downside risk | -0.86 | ||
| Omega ratioGain probability vs. loss probability | 1.26 | 1.36 | -0.11 |
| Calmar ratioReturn relative to maximum drawdown | 1.84 | 2.80 | -0.97 |
| Martin ratioReturn relative to average drawdown | 6.80 | 10.89 | -4.09 |
Loading charts...
Drawdowns
EMNE.DE vs. AMED.DE - Drawdown Comparison
The maximum EMNE.DE drawdown since its inception was -34.37%, smaller than the maximum AMED.DE drawdown of -38.35%. Use the drawdown chart below to compare losses from any high point for EMNE.DE and AMED.DE.
Loading charts...
Drawdown Indicators
| EMNE.DE | AMED.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -34.37% | -38.35% | +3.98% |
Max Drawdown (1Y)Largest decline over 1 year | -10.90% | -10.56% | -0.34% |
Max Drawdown (3Y)Largest decline over 3 years | -15.10% | -14.07% | -1.03% |
Max Drawdown (5Y)Largest decline over 5 years | -24.70% | -24.06% | -0.64% |
Current DrawdownCurrent decline from peak | -2.07% | -1.90% | -0.17% |
Average DrawdownAverage peak-to-trough decline | -5.19% | -5.58% | +0.39% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.95% | 2.72% | +0.23% |
Volatility
EMNE.DE vs. AMED.DE - Volatility Comparison
iShares MSCI EMU CTB Enhanced ESG UCITS ETF EUR (Dist) (EMNE.DE) has a higher volatility of 3.83% compared to Amundi MSCI EMU ESG Leaders Select UCITS ETF DR EUR (C) (AMED.DE) at 3.64%. This indicates that EMNE.DE's price experiences larger fluctuations and is considered to be riskier than AMED.DE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| EMNE.DE | AMED.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 3.83% | 3.64% | +0.19% |
Volatility (6M)Calculated over the trailing 6-month period | 12.73% | 13.08% | -0.35% |
Volatility (1Y)Calculated over the trailing 1-year period | 14.96% | 15.28% | -0.32% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 16.28% | 15.87% | +0.41% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 19.99% | 17.34% | +2.65% |
EMNE.DE vs. AMED.DE - Expense Ratio Comparison
EMNE.DE has a 0.12% expense ratio, which is lower than AMED.DE's 0.25% expense ratio. Despite the difference, both funds are considered low-cost compared to the broader market, where average expense ratios usually range from 0.3% to 0.9%.
Dividends
EMNE.DE vs. AMED.DE - Dividend Comparison
EMNE.DE's dividend yield for the trailing twelve months is around 2.37%, while AMED.DE has not paid dividends to shareholders.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 |
|---|---|---|---|---|---|---|---|---|
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% |
EMNE.DE iShares MSCI EMU CTB Enhanced ESG UCITS ETF EUR (Dist) | 2.37% | 2.61% | 2.95% | 3.17% | 3.34% | 2.40% | 1.85% | 2.67% |
Frequently Asked Questions
With a correlation of 0.95, EMNE.DE and AMED.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, EMNE.DE is cheaper at 0.12% per year. The better choice depends on whether you care most about return, fees, risk, or income.
EMNE.DE is cheaper with a 0.12% expense ratio, compared with 0.25% for AMED.DE.
EMNE.DE tracks MSCI EMU ESG Enhanced Focus CTB Index, while AMED.DE tracks MSCI EMU ESG Leaders Select 5% Issuer Capped. They also come from different issuers: iShares and Amundi. Their fees differ too: 0.12% for EMNE.DE and 0.25% for AMED.DE.
Find the right allocation for EMNE.DE and AMED.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