LEER.DE vs. EMXC.DE
LEER.DE (Amundi MSCI Eastern Europe Ex Russia UCITS ETF) and EMXC.DE (Lyxor MSCI Emerging Markets Ex China UCITS ETF - Acc) are both Emerging Markets Equities funds from Amundi - LEER.DE tracks the MSCI Emerging Markets Eastern Europe ex Russia Index while EMXC.DE tracks the MSCI EM NR USD. Both are passively managed. Over the past 5 years, LEER.DE returned 16.61%/yr vs 13.66%/yr for EMXC.DE. A 0.57 correlation means they provide meaningful diversification when combined. LEER.DE charges 0.50%/yr vs 0.15%/yr for EMXC.DE.
Performance
LEER.DE vs. EMXC.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 EMXC.DE's 40.23% 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%
EMXC.DE
- 1D
- -1.80%
- 1M
- 8.39%
- YTD
- 40.23%
- 6M
- 44.14%
- 1Y
- 69.02%
- 3Y*
- 25.05%
- 5Y*
- 13.66%
- 10Y*
- —
LEER.DE vs. EMXC.DE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | |
|---|---|---|---|---|---|---|---|---|
LEER.DE Amundi MSCI Eastern Europe Ex Russia UCITS ETF | 18.03% | 53.92% | 4.11% | 41.71% | -21.16% | 20.40% | -18.41% | -1.43% |
EMXC.DE Lyxor MSCI Emerging Markets Ex China UCITS ETF - Acc | 40.23% | 19.92% | 9.13% | 14.33% | -13.60% | 17.56% | 2.27% | 6.14% |
Correlation
The correlation between LEER.DE and EMXC.DE is 0.50, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.50 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.50 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.52 |
Correlation (All Time) Calculated using the full available price history since Jul 11, 2019 | 0.57 |
The correlation between LEER.DE and EMXC.DE has been stable across timeframes, ranging from 0.50 to 0.57 - a consistent structural relationship.
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Return for Risk
LEER.DE vs. EMXC.DE — Risk / Return Rank
LEER.DE
EMXC.DE
LEER.DE vs. EMXC.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 Lyxor MSCI Emerging Markets Ex China UCITS ETF - Acc (EMXC.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 | EMXC.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -1.46 | ||
| Sortino ratioReturn per unit of downside risk | -1.62 | ||
| Omega ratioGain probability vs. loss probability | 1.34 | 1.62 | -0.27 |
| Calmar ratioReturn relative to maximum drawdown | 4.24 | 5.78 | -1.55 |
| Martin ratioReturn relative to average drawdown | 11.61 | 21.97 | -10.36 |
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 | EMXC.DE | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 2.00 | 3.46 | -1.46 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.71 | 0.85 | -0.14 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.50 | — | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.12 | 0.69 | -0.58 |
Drawdowns
LEER.DE vs. EMXC.DE - Drawdown Comparison
The maximum LEER.DE drawdown since its inception was -72.16%, which is greater than EMXC.DE's maximum drawdown of -38.77%. Use the drawdown chart below to compare losses from any high point for LEER.DE and EMXC.DE.
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Drawdown Indicators
| LEER.DE | EMXC.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -72.16% | -38.77% | -33.39% |
Max Drawdown (1Y)Largest decline over 1 year | -9.92% | -11.87% | +1.95% |
Max Drawdown (3Y)Largest decline over 3 years | -15.85% | -20.48% | +4.63% |
Max Drawdown (5Y)Largest decline over 5 years | -43.49% | -20.48% | -23.01% |
Max Drawdown (10Y)Largest decline over 10 years | -48.74% | — | — |
Current DrawdownCurrent decline from peak | -0.84% | -2.53% | +1.69% |
Average DrawdownAverage peak-to-trough decline | -33.44% | -6.73% | -26.71% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 3.63% | 3.13% | +0.50% |
Volatility
LEER.DE vs. EMXC.DE - Volatility Comparison
The current volatility for Amundi MSCI Eastern Europe Ex Russia UCITS ETF (LEER.DE) is 6.19%, while Lyxor MSCI Emerging Markets Ex China UCITS ETF - Acc (EMXC.DE) has a volatility of 8.44%. This indicates that LEER.DE experiences smaller price fluctuations and is considered to be less risky than EMXC.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 | EMXC.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 6.19% | 8.44% | -2.25% |
Volatility (6M)Calculated over the trailing 6-month period | 16.81% | 17.23% | -0.42% |
Volatility (1Y)Calculated over the trailing 1-year period | 21.00% | 19.85% | +1.15% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 23.00% | 15.83% | +7.17% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 21.97% | 18.50% | +3.47% |
LEER.DE vs. EMXC.DE - Expense Ratio Comparison
LEER.DE has a 0.50% expense ratio, which is higher than EMXC.DE's 0.15% expense ratio.
Dividends
LEER.DE vs. EMXC.DE - Dividend Comparison
Neither LEER.DE nor EMXC.DE has paid dividends to shareholders.
Frequently Asked Questions
LEER.DE and EMXC.DE have a correlation of 0.50, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, EMXC.DE is cheaper at 0.15% per year. The better choice depends on whether you care most about return, fees, risk, or income.
EMXC.DE is cheaper with a 0.15% expense ratio, compared with 0.50% for LEER.DE.
LEER.DE tracks MSCI Emerging Markets Eastern Europe ex Russia Index, while EMXC.DE tracks MSCI EM NR USD. Their fees differ too: 0.50% for LEER.DE and 0.15% for EMXC.DE.
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