LEER.DE vs. EUNI.DE

Last updated Apr 3, 2026

Compare and contrast key facts about Amundi MSCI Eastern Europe Ex Russia UCITS ETF (LEER.DE) and iShares MSCI Emerging Markets Small Cap UCITS ETF (EUNI.DE).

LEER.DE and EUNI.DE are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. LEER.DE is a passively managed fund by Amundi that tracks the performance of the MSCI Emerging Markets Eastern Europe ex Russia Index. It was launched on Jul 3, 2020. EUNI.DE is a passively managed fund by iShares that tracks the performance of the MSCI Emerging Markets Small Cap. It was launched on Mar 6, 2009. Both LEER.DE and EUNI.DE are passive ETFs, meaning that they are not actively managed but aim to replicate the performance of the underlying index as closely as possible.

Performance

LEER.DE vs. EUNI.DE - Performance Comparison

The chart below illustrates the hypothetical performance of a €10,000 investment in Amundi MSCI Eastern Europe Ex Russia UCITS ETF (LEER.DE) and iShares MSCI Emerging Markets Small Cap UCITS ETF (EUNI.DE). The values are adjusted to include any dividend payments, if applicable.

LEER.DE vs. EUNI.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	5.71%	53.92%	4.11%	41.71%	-21.16%	20.40%	-18.41%	1.33%	-8.39%	30.82%
EUNI.DE iShares MSCI Emerging Markets Small Cap UCITS ETF	4.29%	6.21%	8.18%	19.10%	-13.60%	28.84%	7.23%	14.66%	-16.19%	18.31%

Returns By Period

In the year-to-date period, LEER.DE achieves a 5.71% return, which is significantly higher than EUNI.DE's 4.29% return. Over the past 10 years, LEER.DE has outperformed EUNI.DE with an annualized return of 8.93%, while EUNI.DE has yielded a comparatively lower 7.83% annualized return.

LEER.DE

• 1D: 0.26%
• 1M: 5.95%
• YTD: 5.71%
• 6M: 19.38%
• 1Y: 29.36%
• 3Y*: 32.51%
• 5Y*: 17.93%
• 10Y*: 8.93%

EUNI.DE

• 1D: -1.84%
• 1M: 0.00%
• YTD: 4.29%
• 6M: 4.72%
• 1Y: 17.31%
• 3Y*: 11.73%
• 5Y*: 6.64%
• 10Y*: 7.83%

*Multi-year figures are annualized to reflect compound growth (CAGR)

LEER.DE vs. EUNI.DE - Expense Ratio Comparison

LEER.DE has a 0.50% expense ratio, which is lower than EUNI.DE's 0.74% expense ratio.

EUNI.DE

iShares MSCI Emerging Markets Small Cap UCITS ETF

LEER.DE

Amundi MSCI Eastern Europe Ex Russia UCITS ETF

Return for Risk

LEER.DE vs. EUNI.DE — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

LEER.DE

LEER.DE Risk / Return Rank: 73
LEER.DE Sharpe Ratio Rank: 68
LEER.DE Sortino Ratio Rank: 67
LEER.DE Omega Ratio Rank: 61
LEER.DE Calmar Ratio Rank: 90
LEER.DE Martin Ratio Rank: 80

EUNI.DE

EUNI.DE Risk / Return Rank: 59
EUNI.DE Sharpe Ratio Rank: 51
EUNI.DE Sortino Ratio Rank: 48
EUNI.DE Omega Ratio Rank: 47
EUNI.DE Calmar Ratio Rank: 78
EUNI.DE Martin Ratio Rank: 71

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

LEER.DE vs. EUNI.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 iShares MSCI Emerging Markets Small Cap UCITS ETF (EUNI.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	EUNI.DE	Difference
Sharpe ratio Return per unit of total volatility	1.26	0.97	+0.29
Sortino ratio Return per unit of downside risk	1.77	1.39	+0.38
Omega ratio Gain probability vs. loss probability	1.24	1.19	+0.04
Calmar ratio Return relative to maximum drawdown	3.69	2.66	+1.03
Martin ratio Return relative to average drawdown	10.59	8.88	+1.71
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

LEER.DE vs. EUNI.DE - Sharpe Ratio Comparison

The current LEER.DE Sharpe Ratio is 1.26, which is comparable to the EUNI.DE Sharpe Ratio of 0.97. The chart below compares the historical Sharpe Ratios of LEER.DE and EUNI.DE, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

Sharpe Ratios by Period

	LEER.DE	EUNI.DE	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	1.26	0.97	+0.29
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.78	0.44	+0.34
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.41	0.47	-0.05
Sharpe Ratio (All Time) Calculated using the full available price history	0.10	0.37	-0.28

Correlation

The correlation between LEER.DE and EUNI.DE is 0.52, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.

Dividends

LEER.DE vs. EUNI.DE - Dividend Comparison

LEER.DE has not paid dividends to shareholders, while EUNI.DE's dividend yield for the trailing twelve months is around 0.91%.

	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
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%	0.00%	0.00%	0.00%
EUNI.DE iShares MSCI Emerging Markets Small Cap UCITS ETF	0.91%	1.83%	1.74%	2.11%	2.47%	1.23%	1.77%	2.02%	2.14%	1.45%	2.00%	0.85%

Drawdowns

LEER.DE vs. EUNI.DE - Drawdown Comparison

The maximum LEER.DE drawdown since its inception was -72.16%, which is greater than EUNI.DE's maximum drawdown of -41.89%. Use the drawdown chart below to compare losses from any high point for LEER.DE and EUNI.DE.

Drawdown Indicators

	LEER.DE	EUNI.DE	Difference
Max Drawdown Largest peak-to-trough decline	-72.16%	-41.89%	-30.27%
Max Drawdown (1Y) Largest decline over 1 year	-9.92%	-10.76%	+0.84%
Max Drawdown (5Y) Largest decline over 5 years	-43.49%	-21.15%	-22.34%
Max Drawdown (10Y) Largest decline over 10 years	-48.74%	-41.89%	-6.85%
Current Drawdown Current decline from peak	-4.56%	-5.54%	+0.98%
Average Drawdown Average peak-to-trough decline	-33.70%	-10.66%	-23.04%
Ulcer Index Depth and duration of drawdowns from previous peaks	3.45%	2.38%	+1.07%

Volatility

LEER.DE vs. EUNI.DE - Volatility Comparison

Amundi MSCI Eastern Europe Ex Russia UCITS ETF (LEER.DE) and iShares MSCI Emerging Markets Small Cap UCITS ETF (EUNI.DE) have volatilities of 7.34% and 7.37%, 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.

Volatility by Period

	LEER.DE	EUNI.DE	Difference
Volatility (1M) Calculated over the trailing 1-month period	7.34%	7.37%	-0.03%
Volatility (6M) Calculated over the trailing 6-month period	15.16%	12.39%	+2.77%
Volatility (1Y) Calculated over the trailing 1-year period	23.27%	17.80%	+5.47%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	22.76%	14.88%	+7.88%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	21.84%	16.68%	+5.16%