LEER.DE vs. AMEL.DE
LEER.DE (Amundi MSCI Eastern Europe Ex Russia UCITS ETF) and AMEL.DE (Amundi MSCI Emerging Markets Latin America UCITS ETF EUR) are both exchange-traded funds - LEER.DE is a Emerging Markets Equities fund tracking the MSCI Emerging Markets Eastern Europe ex Russia Index, while AMEL.DE is a Latin America Equities fund tracking the MSCI Emerging Markets Latin America. Both are passively managed. Over the past 10 years, LEER.DE returned 11.69%/yr vs 8.05%/yr for AMEL.DE. At a 0.45 correlation, their price movements are largely independent. LEER.DE charges 0.50%/yr vs 0.20%/yr for AMEL.DE.
Performance
LEER.DE vs. AMEL.DE - Performance Comparison
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Returns By Period
In the year-to-date period, LEER.DE achieves a 19.93% return, which is significantly higher than AMEL.DE's 13.84% return. Over the past 10 years, LEER.DE has outperformed AMEL.DE with an annualized return of 11.69%, while AMEL.DE has yielded a comparatively lower 8.05% annualized return.
LEER.DE
- 1D
- 3.17%
- 1M
- 5.04%
- YTD
- 19.93%
- 6M
- 24.39%
- 1Y
- 46.18%
- 3Y*
- 31.60%
- 5Y*
- 17.19%
- 10Y*
- 11.69%
AMEL.DE
- 1D
- 3.30%
- 1M
- -3.05%
- YTD
- 13.84%
- 6M
- 14.72%
- 1Y
- 37.57%
- 3Y*
- 10.30%
- 5Y*
- 10.14%
- 10Y*
- 8.05%
LEER.DE vs. AMEL.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 | 19.93% | 53.95% | 4.13% | 41.71% | -21.18% | 20.41% | -18.42% | 1.30% | -8.37% | 30.59% |
AMEL.DE Amundi MSCI Emerging Markets Latin America UCITS ETF EUR | 13.84% | 38.05% | -22.20% | 28.15% | 16.33% | -3.25% | -21.25% | 20.70% | -3.30% | 8.15% |
Correlation
The correlation between LEER.DE and AMEL.DE is 0.46, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.46 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.46 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.41 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.44 |
Correlation (All Time) Calculated using the full available price history since Nov 30, 2011 | 0.45 |
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Return for Risk
LEER.DE vs. AMEL.DE — Risk / Return Rank
LEER.DE
AMEL.DE
LEER.DE vs. AMEL.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 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.
| LEER.DE | AMEL.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.16 | ||
| Sortino ratioReturn per unit of downside risk | +0.29 | ||
| Omega ratioGain probability vs. loss probability | 1.37 | 1.34 | +0.03 |
| Calmar ratioReturn relative to maximum drawdown | 4.63 | 2.84 | +1.79 |
| Martin ratioReturn relative to average drawdown | 12.70 | 9.36 | +3.34 |
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Drawdowns
LEER.DE vs. AMEL.DE - Drawdown Comparison
The maximum LEER.DE drawdown since its inception was -69.75%, 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 LEER.DE and AMEL.DE.
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Drawdown Indicators
| LEER.DE | AMEL.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -69.75% | -52.71% | -17.04% |
Max Drawdown (1Y)Largest decline over 1 year | -9.92% | -13.17% | +3.25% |
Max Drawdown (3Y)Largest decline over 3 years | -15.85% | -25.37% | +9.52% |
Max Drawdown (5Y)Largest decline over 5 years | -43.51% | -25.37% | -18.14% |
Max Drawdown (10Y)Largest decline over 10 years | -48.74% | -51.33% | +2.59% |
Current DrawdownCurrent decline from peak | 0.00% | -8.43% | +8.43% |
Average DrawdownAverage peak-to-trough decline | -30.47% | -17.87% | -12.60% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 3.63% | 4.00% | -0.37% |
Volatility
LEER.DE vs. AMEL.DE - Volatility Comparison
Amundi MSCI Eastern Europe Ex Russia UCITS ETF (LEER.DE) and Amundi MSCI Emerging Markets Latin America UCITS ETF EUR (AMEL.DE) have volatilities of 6.57% and 6.66%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| LEER.DE | AMEL.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 6.57% | 6.66% | -0.09% |
Volatility (6M)Calculated over the trailing 6-month period | 17.34% | 15.86% | +1.48% |
Volatility (1Y)Calculated over the trailing 1-year period | 21.36% | 18.76% | +2.60% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 23.08% | 21.00% | +2.08% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 21.85% | 25.29% | -3.44% |
LEER.DE vs. AMEL.DE - Expense Ratio Comparison
LEER.DE has a 0.50% expense ratio, which is higher than AMEL.DE's 0.20% expense ratio.
Dividends
LEER.DE vs. AMEL.DE - Dividend Comparison
Neither LEER.DE nor AMEL.DE has paid dividends to shareholders.
Frequently Asked Questions
LEER.DE and AMEL.DE have a correlation of 0.46, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, AMEL.DE is cheaper at 0.20% per year. The better choice depends on whether you care most about return, fees, risk, or income.
AMEL.DE is cheaper with a 0.20% expense ratio, compared with 0.50% for LEER.DE.
LEER.DE is categorized as Emerging Markets Equities, while AMEL.DE is Latin America Equities. LEER.DE tracks MSCI Emerging Markets Eastern Europe ex Russia Index, while AMEL.DE tracks MSCI Emerging Markets Latin America. Their fees differ too: 0.50% for LEER.DE and 0.20% for AMEL.DE.
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