IXX.DE vs. AMEL.DE
IXX.DE (init innovation in traffic systems SE) is a stock, while AMEL.DE (Amundi MSCI Emerging Markets Latin America UCITS ETF EUR) is Latin America Equities fund tracking the MSCI Emerging Markets Latin America. Over the past 10 years, IXX.DE returned 16.10%/yr vs 7.56%/yr for AMEL.DE. At a 0.15 correlation, their price movements are largely independent.
Performance
IXX.DE vs. AMEL.DE - Performance Comparison
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Returns By Period
In the year-to-date period, IXX.DE achieves a 7.18% return, which is significantly lower than AMEL.DE's 14.17% return. Over the past 10 years, IXX.DE has outperformed AMEL.DE with an annualized return of 16.10%, while AMEL.DE has yielded a comparatively lower 7.56% annualized return.
IXX.DE
- 1D
- -0.61%
- 1M
- -4.65%
- YTD
- 7.18%
- 6M
- 9.77%
- 1Y
- 34.92%
- 3Y*
- 21.08%
- 5Y*
- 6.16%
- 10Y*
- 16.10%
AMEL.DE
- 1D
- 1.12%
- 1M
- -0.05%
- YTD
- 14.17%
- 6M
- 17.20%
- 1Y
- 38.44%
- 3Y*
- 10.24%
- 5Y*
- 9.74%
- 10Y*
- 7.56%
IXX.DE vs. AMEL.DE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
IXX.DE init innovation in traffic systems SE | 7.18% | 30.25% | 22.15% | 22.81% | -21.89% | 1.30% | 46.02% | 64.08% | -21.57% | 24.47% |
AMEL.DE Amundi MSCI Emerging Markets Latin America UCITS ETF EUR | 14.17% | 38.05% | -22.20% | 28.15% | 16.33% | -3.25% | -21.25% | 20.70% | -3.30% | 8.15% |
Correlation
The correlation between IXX.DE and AMEL.DE is 0.19, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.19 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.14 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.14 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.14 |
Correlation (All Time) Calculated using the full available price history since Nov 30, 2011 | 0.15 |
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Return for Risk
IXX.DE vs. AMEL.DE — Risk / Return Rank
IXX.DE
AMEL.DE
IXX.DE vs. AMEL.DE - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for init innovation in traffic systems SE (IXX.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.
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.
| IXX.DE | AMEL.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -1.07 | ||
| Sortino ratioReturn per unit of downside risk | -1.08 | ||
| Omega ratioGain probability vs. loss probability | 1.19 | 1.34 | -0.15 |
| Calmar ratioReturn relative to maximum drawdown | 1.34 | 2.90 | -1.56 |
| Martin ratioReturn relative to average drawdown | 3.05 | 9.12 | -6.07 |
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Drawdowns
IXX.DE vs. AMEL.DE - Drawdown Comparison
The maximum IXX.DE drawdown since its inception was -64.18%, which is greater than AMEL.DE's maximum drawdown of -52.71%. Use the drawdown chart below to compare losses from any high point for IXX.DE and AMEL.DE.
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Drawdown Indicators
| IXX.DE | AMEL.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -64.18% | -52.71% | -11.47% |
Max Drawdown (1Y)Largest decline over 1 year | -25.94% | -13.17% | -12.77% |
Max Drawdown (3Y)Largest decline over 3 years | -26.09% | -25.37% | -0.72% |
Max Drawdown (5Y)Largest decline over 5 years | -64.18% | -25.37% | -38.81% |
Max Drawdown (10Y)Largest decline over 10 years | -64.18% | -51.33% | -12.85% |
Current DrawdownCurrent decline from peak | -7.82% | -8.16% | +0.34% |
Average DrawdownAverage peak-to-trough decline | -21.38% | -17.86% | -3.52% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 11.44% | 4.20% | +7.24% |
Volatility
IXX.DE vs. AMEL.DE - Volatility Comparison
init innovation in traffic systems SE (IXX.DE) has a higher volatility of 11.14% compared to Amundi MSCI Emerging Markets Latin America UCITS ETF EUR (AMEL.DE) at 6.29%. This indicates that IXX.DE's price experiences larger fluctuations and is considered to be riskier 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
| IXX.DE | AMEL.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 11.14% | 6.29% | +4.85% |
Volatility (6M)Calculated over the trailing 6-month period | 28.17% | 15.96% | +12.21% |
Volatility (1Y)Calculated over the trailing 1-year period | 36.46% | 18.97% | +17.49% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 41.02% | 21.03% | +19.99% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 41.10% | 25.29% | +15.81% |
Dividends
IXX.DE vs. AMEL.DE - Dividend Comparison
IXX.DE's dividend yield for the trailing twelve months is around 1.83%, while AMEL.DE has not paid dividends to shareholders.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 |
|---|---|---|---|---|---|---|---|---|---|---|
AMEL.DE Amundi MSCI Emerging Markets Latin America UCITS ETF EUR | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
IXX.DE init innovation in traffic systems SE | 1.83% | 1.71% | 1.91% | 2.30% | 2.16% | 1.65% | 1.20% | 0.52% | 1.55% | 1.20% |
Frequently Asked Questions
IXX.DE and AMEL.DE have a correlation of 0.19, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
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