LEER.DE vs. AE5A.DE
LEER.DE (Amundi MSCI Eastern Europe Ex Russia UCITS ETF) and AE5A.DE (Amundi Core MSCI Emerging Markets Swap UCITS ETF Dist) are both Emerging Markets Equities funds from Amundi - LEER.DE tracks the MSCI Emerging Markets Eastern Europe ex Russia Index while AE5A.DE tracks the MSCI Emerging Markets Index. Both are passively managed. Over the past 10 years, LEER.DE returned 10.92%/yr vs 9.98%/yr for AE5A.DE. A 0.56 correlation means they provide meaningful diversification when combined. LEER.DE charges 0.50%/yr vs 0.14%/yr for AE5A.DE.
Performance
LEER.DE vs. AE5A.DE - Performance Comparison
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Returns By Period
In the year-to-date period, LEER.DE achieves a 18.03% return, which is significantly lower than AE5A.DE's 27.41% return. Over the past 10 years, LEER.DE has outperformed AE5A.DE with an annualized return of 10.92%, while AE5A.DE has yielded a comparatively lower 9.98% annualized return.
LEER.DE
- 1D
- 0.66%
- 1M
- 4.22%
- YTD
- 18.03%
- 6M
- 25.17%
- 1Y
- 42.24%
- 3Y*
- 31.18%
- 5Y*
- 16.61%
- 10Y*
- 10.92%
AE5A.DE
- 1D
- -1.54%
- 1M
- 6.05%
- YTD
- 27.41%
- 6M
- 29.44%
- 1Y
- 49.88%
- 3Y*
- 20.90%
- 5Y*
- 8.49%
- 10Y*
- 9.98%
LEER.DE vs. AE5A.DE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
LEER.DE Amundi MSCI Eastern Europe Ex Russia UCITS ETF | 18.03% | 53.92% | 4.11% | 41.71% | -21.16% | 20.40% | -18.41% | 1.33% | -8.39% | 30.82% |
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 LEER.DE and AE5A.DE is 0.49, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.49 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.51 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.48 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.53 |
Correlation (All Time) Calculated using the full available price history since Oct 20, 2011 | 0.56 |
The correlation between LEER.DE and AE5A.DE has been stable across timeframes, ranging from 0.48 to 0.56 - a consistent structural relationship.
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Return for Risk
LEER.DE vs. AE5A.DE — Risk / Return Rank
LEER.DE
AE5A.DE
LEER.DE vs. AE5A.DE - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Amundi MSCI Eastern Europe Ex Russia UCITS ETF (LEER.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.
| LEER.DE | AE5A.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.79 | ||
| Sortino ratioReturn per unit of downside risk | -0.91 | ||
| Omega ratioGain probability vs. loss probability | 1.34 | 1.50 | -0.16 |
| Calmar ratioReturn relative to maximum drawdown | 4.24 | 4.80 | -0.56 |
| Martin ratioReturn relative to average drawdown | 11.61 | 17.35 | -5.74 |
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
| LEER.DE | AE5A.DE | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 2.00 | 2.79 | -0.79 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.71 | 0.51 | +0.21 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.50 | 0.53 | -0.03 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.12 | 0.42 | -0.30 |
Drawdowns
LEER.DE vs. AE5A.DE - Drawdown Comparison
The maximum LEER.DE drawdown since its inception was -72.16%, 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 LEER.DE and AE5A.DE.
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Drawdown Indicators
| LEER.DE | AE5A.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -72.16% | -36.16% | -36.00% |
Max Drawdown (1Y)Largest decline over 1 year | -9.92% | -10.34% | +0.42% |
Max Drawdown (3Y)Largest decline over 3 years | -15.85% | -19.22% | +3.37% |
Max Drawdown (5Y)Largest decline over 5 years | -43.49% | -23.47% | -20.02% |
Max Drawdown (10Y)Largest decline over 10 years | -48.74% | -32.24% | -16.50% |
Current DrawdownCurrent decline from peak | -0.84% | -2.56% | +1.72% |
Average DrawdownAverage peak-to-trough decline | -33.44% | -9.72% | -23.72% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 3.63% | 2.87% | +0.76% |
Volatility
LEER.DE vs. AE5A.DE - Volatility Comparison
The current volatility for Amundi MSCI Eastern Europe Ex Russia UCITS ETF (LEER.DE) is 6.19%, while Amundi Core MSCI Emerging Markets Swap UCITS ETF Dist (AE5A.DE) has a volatility of 7.32%. This indicates that LEER.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
| LEER.DE | AE5A.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 6.19% | 7.32% | -1.13% |
Volatility (6M)Calculated over the trailing 6-month period | 16.81% | 14.97% | +1.84% |
Volatility (1Y)Calculated over the trailing 1-year period | 21.00% | 17.82% | +3.18% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 23.00% | 17.23% | +5.77% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 21.97% | 19.05% | +2.92% |
LEER.DE vs. AE5A.DE - Expense Ratio Comparison
LEER.DE has a 0.50% expense ratio, which is higher than AE5A.DE's 0.14% expense ratio.
Dividends
LEER.DE vs. AE5A.DE - Dividend Comparison
LEER.DE has not paid dividends to shareholders, while AE5A.DE's dividend yield for the trailing twelve months is around 1.69%.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 |
|---|---|---|---|---|---|---|---|---|---|
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% |
LEER.DE Amundi MSCI Eastern Europe Ex Russia UCITS ETF | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Frequently Asked Questions
LEER.DE and AE5A.DE have a correlation of 0.49, 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 0.50% for LEER.DE.
LEER.DE tracks MSCI Emerging Markets Eastern Europe ex Russia Index, while AE5A.DE tracks MSCI Emerging Markets Index. Their fees differ too: 0.50% for LEER.DE and 0.14% for AE5A.DE.
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