EMWE.DE vs. AMEC.DE
EMWE.DE (BNP Paribas Easy MSCI World SRI S-Series PAB 5% Capped UCITS ETF EUR Acc) and AMEC.DE (Amundi Index Smart City UCITS ETF) are both Global Equities funds - EMWE.DE tracks the MSCI World SRI S-Series PAB 5% Capped while AMEC.DE tracks the Solactive Smart City. Both are passively managed. Over the past 5 years, EMWE.DE returned 8.57%/yr vs 6.68%/yr for AMEC.DE. A 0.78 correlation means they provide meaningful diversification when combined. EMWE.DE charges 0.25%/yr vs 0.35%/yr for AMEC.DE.
Performance
EMWE.DE vs. AMEC.DE - Performance Comparison
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Returns By Period
In the year-to-date period, EMWE.DE achieves a 9.24% return, which is significantly lower than AMEC.DE's 30.58% return.
EMWE.DE
- 1D
- 0.48%
- 1M
- 4.25%
- YTD
- 9.24%
- 6M
- 9.11%
- 1Y
- 14.14%
- 3Y*
- 10.15%
- 5Y*
- 8.57%
- 10Y*
- —
AMEC.DE
- 1D
- -1.34%
- 1M
- 10.00%
- YTD
- 30.58%
- 6M
- 28.27%
- 1Y
- 45.51%
- 3Y*
- 17.35%
- 5Y*
- 6.68%
- 10Y*
- —
EMWE.DE vs. AMEC.DE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | |
|---|---|---|---|---|---|---|---|---|
EMWE.DE BNP Paribas Easy MSCI World SRI S-Series PAB 5% Capped UCITS ETF EUR Acc | 9.24% | 0.19% | 15.43% | 14.90% | -16.11% | 38.30% | 11.27% | 3.48% |
AMEC.DE Amundi Index Smart City UCITS ETF | 30.58% | 9.65% | 16.27% | 1.43% | -18.74% | 9.30% | 9.10% | 3.62% |
Correlation
The correlation between EMWE.DE and AMEC.DE is 0.79, 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 | 0.79 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.78 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.76 |
Correlation (All Time) Calculated using the full available price history since Dec 4, 2019 | 0.78 |
The correlation between EMWE.DE and AMEC.DE has been stable across timeframes, ranging from 0.76 to 0.79 - a consistent structural relationship.
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Return for Risk
EMWE.DE vs. AMEC.DE — Risk / Return Rank
EMWE.DE
AMEC.DE
EMWE.DE vs. AMEC.DE - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for BNP Paribas Easy MSCI World SRI S-Series PAB 5% Capped UCITS ETF EUR Acc (EMWE.DE) and Amundi Index Smart City UCITS ETF (AMEC.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.
| EMWE.DE | AMEC.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -1.46 | ||
| Sortino ratioReturn per unit of downside risk | -1.92 | ||
| Omega ratioGain probability vs. loss probability | 1.22 | 1.45 | -0.23 |
| Calmar ratioReturn relative to maximum drawdown | 1.69 | 5.09 | -3.40 |
| Martin ratioReturn relative to average drawdown | 6.10 | 16.11 | -10.01 |
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
| EMWE.DE | AMEC.DE | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.19 | 2.65 | -1.46 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.59 | 0.38 | +0.21 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.70 | 0.44 | +0.26 |
Drawdowns
EMWE.DE vs. AMEC.DE - Drawdown Comparison
The maximum EMWE.DE drawdown since its inception was -31.05%, smaller than the maximum AMEC.DE drawdown of -35.49%. Use the drawdown chart below to compare losses from any high point for EMWE.DE and AMEC.DE.
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Drawdown Indicators
| EMWE.DE | AMEC.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -31.05% | -35.49% | +4.44% |
Max Drawdown (1Y)Largest decline over 1 year | -8.26% | -9.02% | +0.76% |
Max Drawdown (3Y)Largest decline over 3 years | -20.00% | -24.98% | +4.98% |
Max Drawdown (5Y)Largest decline over 5 years | -20.79% | -27.33% | +6.54% |
Current DrawdownCurrent decline from peak | 0.00% | -1.34% | +1.34% |
Average DrawdownAverage peak-to-trough decline | -5.28% | -11.50% | +6.22% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.29% | 2.86% | -0.57% |
Volatility
EMWE.DE vs. AMEC.DE - Volatility Comparison
The current volatility for BNP Paribas Easy MSCI World SRI S-Series PAB 5% Capped UCITS ETF EUR Acc (EMWE.DE) is 2.93%, while Amundi Index Smart City UCITS ETF (AMEC.DE) has a volatility of 6.73%. This indicates that EMWE.DE experiences smaller price fluctuations and is considered to be less risky than AMEC.DE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| EMWE.DE | AMEC.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 2.93% | 6.73% | -3.80% |
Volatility (6M)Calculated over the trailing 6-month period | 8.57% | 13.09% | -4.52% |
Volatility (1Y)Calculated over the trailing 1-year period | 11.74% | 17.36% | -5.62% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 14.46% | 17.51% | -3.05% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 15.52% | 19.22% | -3.70% |
EMWE.DE vs. AMEC.DE - Expense Ratio Comparison
EMWE.DE has a 0.25% expense ratio, which is lower than AMEC.DE's 0.35% expense ratio.
Dividends
EMWE.DE vs. AMEC.DE - Dividend Comparison
Neither EMWE.DE nor AMEC.DE has paid dividends to shareholders.
Frequently Asked Questions
EMWE.DE and AMEC.DE have a correlation of 0.79, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, EMWE.DE is cheaper at 0.25% per year. The better choice depends on whether you care most about return, fees, risk, or income.
EMWE.DE is cheaper with a 0.25% expense ratio, compared with 0.35% for AMEC.DE.
EMWE.DE tracks MSCI World SRI S-Series PAB 5% Capped, while AMEC.DE tracks Solactive Smart City. They also come from different issuers: BNP Paribas and Amundi. Their fees differ too: 0.25% for EMWE.DE and 0.35% for AMEC.DE.
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