EUNI.DE vs. AE5A.DE
EUNI.DE (iShares MSCI Emerging Markets Small Cap UCITS ETF) and AE5A.DE (Amundi Core MSCI Emerging Markets Swap UCITS ETF Dist) are both Emerging Markets Equities funds - EUNI.DE tracks the MSCI Emerging Markets Small Cap while AE5A.DE tracks the MSCI Emerging Markets Index. Both are passively managed. Over the past 10 years, EUNI.DE returned 8.99%/yr vs 9.98%/yr for AE5A.DE. Their correlation of 0.85 suggests significant overlap in exposure. EUNI.DE charges 0.74%/yr vs 0.14%/yr for AE5A.DE.
Performance
EUNI.DE vs. AE5A.DE - Performance Comparison
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Returns By Period
In the year-to-date period, EUNI.DE achieves a 16.80% return, which is significantly lower than AE5A.DE's 27.41% return. Over the past 10 years, EUNI.DE has underperformed AE5A.DE with an annualized return of 8.99%, while AE5A.DE has yielded a comparatively higher 9.98% annualized return.
EUNI.DE
- 1D
- -0.41%
- 1M
- -0.02%
- YTD
- 16.80%
- 6M
- 15.58%
- 1Y
- 26.07%
- 3Y*
- 13.85%
- 5Y*
- 7.89%
- 10Y*
- 8.99%
AE5A.DE
- 1D
- -1.54%
- 1M
- 3.57%
- YTD
- 27.41%
- 6M
- 28.14%
- 1Y
- 48.94%
- 3Y*
- 20.90%
- 5Y*
- 8.49%
- 10Y*
- 9.98%
EUNI.DE vs. AE5A.DE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
EUNI.DE iShares MSCI Emerging Markets Small Cap UCITS ETF | 16.80% | 6.21% | 8.18% | 19.10% | -13.60% | 28.84% | 7.23% | 14.66% | -16.19% | 18.31% |
AE5A.DE Amundi Core MSCI Emerging Markets Swap UCITS ETF Dist | 27.41% | 19.26% | 14.36% | 5.58% | -14.19% | 4.19% | 7.49% | 21.04% | -11.21% | 20.83% |
Correlation
The correlation between EUNI.DE and AE5A.DE is 0.81, 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 | 0.81 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.76 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.75 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.83 |
Correlation (All Time) Calculated using the full available price history since Oct 20, 2011 | 0.85 |
The correlation between EUNI.DE and AE5A.DE has been stable across timeframes, ranging from 0.75 to 0.85 - a consistent structural relationship.
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Return for Risk
EUNI.DE vs. AE5A.DE — Risk / Return Rank
EUNI.DE
AE5A.DE
EUNI.DE vs. AE5A.DE - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for iShares MSCI Emerging Markets Small Cap UCITS ETF (EUNI.DE) and Amundi Core MSCI Emerging Markets Swap UCITS ETF Dist (AE5A.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.
| EUNI.DE | AE5A.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -1.23 | ||
| Sortino ratioReturn per unit of downside risk | -1.43 | ||
| Omega ratioGain probability vs. loss probability | 1.28 | 1.50 | -0.22 |
| Calmar ratioReturn relative to maximum drawdown | 3.23 | 4.80 | -1.57 |
| Martin ratioReturn relative to average drawdown | 10.53 | 17.35 | -6.82 |
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
| EUNI.DE | AE5A.DE | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.56 | 2.79 | -1.23 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.51 | 0.51 | +0.01 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.53 | 0.53 | 0.00 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.41 | 0.42 | -0.01 |
Drawdowns
EUNI.DE vs. AE5A.DE - Drawdown Comparison
The maximum EUNI.DE drawdown since its inception was -41.89%, which is greater than AE5A.DE's maximum drawdown of -36.16%. Use the drawdown chart below to compare losses from any high point for EUNI.DE and AE5A.DE.
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Drawdown Indicators
| EUNI.DE | AE5A.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -41.89% | -36.16% | -5.73% |
Max Drawdown (1Y)Largest decline over 1 year | -7.95% | -10.34% | +2.39% |
Max Drawdown (3Y)Largest decline over 3 years | -21.15% | -19.22% | -1.93% |
Max Drawdown (5Y)Largest decline over 5 years | -21.15% | -23.47% | +2.32% |
Max Drawdown (10Y)Largest decline over 10 years | -41.89% | -32.24% | -9.65% |
Current DrawdownCurrent decline from peak | -2.54% | -2.56% | +0.02% |
Average DrawdownAverage peak-to-trough decline | -10.57% | -9.72% | -0.85% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.44% | 2.87% | -0.43% |
Volatility
EUNI.DE vs. AE5A.DE - Volatility Comparison
The current volatility for iShares MSCI Emerging Markets Small Cap UCITS ETF (EUNI.DE) is 6.91%, while Amundi Core MSCI Emerging Markets Swap UCITS ETF Dist (AE5A.DE) has a volatility of 7.32%. This indicates that EUNI.DE experiences smaller price fluctuations and is considered to be less risky than AE5A.DE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| EUNI.DE | AE5A.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 6.91% | 7.32% | -0.41% |
Volatility (6M)Calculated over the trailing 6-month period | 14.01% | 14.97% | -0.96% |
Volatility (1Y)Calculated over the trailing 1-year period | 16.45% | 17.82% | -1.37% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 15.21% | 17.23% | -2.02% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 16.84% | 19.05% | -2.21% |
EUNI.DE vs. AE5A.DE - Expense Ratio Comparison
EUNI.DE has a 0.74% expense ratio, which is higher than AE5A.DE's 0.14% expense ratio.
Dividends
EUNI.DE vs. AE5A.DE - Dividend Comparison
EUNI.DE's dividend yield for the trailing twelve months is around 0.81%, less than AE5A.DE's 1.69% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
AE5A.DE Amundi Core MSCI Emerging Markets Swap UCITS ETF Dist | 1.69% | 2.15% | 3.38% | 3.80% | 2.44% | 1.62% | 1.71% | 2.01% | 2.17% | 0.00% | 0.00% | 0.00% |
EUNI.DE iShares MSCI Emerging Markets Small Cap UCITS ETF | 0.81% | 1.83% | 1.74% | 2.11% | 2.47% | 1.23% | 1.77% | 2.02% | 2.14% | 1.45% | 2.00% | 0.85% |
Frequently Asked Questions
EUNI.DE and AE5A.DE have a correlation of 0.81, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, AE5A.DE is cheaper at 0.14% per year. The better choice depends on whether you care most about return, fees, risk, or income.
AE5A.DE is cheaper with a 0.14% expense ratio, compared with 0.74% for EUNI.DE.
EUNI.DE tracks MSCI Emerging Markets Small Cap, while AE5A.DE tracks MSCI Emerging Markets Index. They also come from different issuers: iShares and Amundi. Their fees differ too: 0.74% for EUNI.DE and 0.14% for AE5A.DE.
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