LEER.DE vs. IQQE.DE
LEER.DE (Amundi MSCI Eastern Europe Ex Russia UCITS ETF) and IQQE.DE (iShares MSCI EM UCITS ETF (Dist)) are both Emerging Markets Equities funds - LEER.DE tracks the MSCI Emerging Markets Eastern Europe ex Russia Index while IQQE.DE tracks the MSCI Emerging Markets. Both are passively managed. Over the past 10 years, LEER.DE returned 10.92%/yr vs 9.82%/yr for IQQE.DE. A 0.60 correlation means they provide meaningful diversification when combined. LEER.DE charges 0.50%/yr vs 0.18%/yr for IQQE.DE.
Performance
LEER.DE vs. IQQE.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 IQQE.DE's 27.09% return. Over the past 10 years, LEER.DE has outperformed IQQE.DE with an annualized return of 10.92%, while IQQE.DE has yielded a comparatively lower 9.82% 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%
IQQE.DE
- 1D
- -1.70%
- 1M
- 6.32%
- YTD
- 27.09%
- 6M
- 28.99%
- 1Y
- 49.76%
- 3Y*
- 20.70%
- 5Y*
- 8.39%
- 10Y*
- 9.82%
LEER.DE vs. IQQE.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% |
IQQE.DE iShares MSCI EM UCITS ETF (Dist) | 27.09% | 19.76% | 13.75% | 5.63% | -14.17% | 4.20% | 7.47% | 20.26% | -11.31% | 19.90% |
Correlation
The correlation between LEER.DE and IQQE.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 | 0.52 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.51 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.55 |
Correlation (All Time) Calculated using the full available price history since Feb 27, 2006 | 0.60 |
The correlation between LEER.DE and IQQE.DE shifts across timeframes, from 0.49 (1 year) to 0.60 (all time), reflecting how their relationship changes across market environments.
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Return for Risk
LEER.DE vs. IQQE.DE — Risk / Return Rank
LEER.DE
IQQE.DE
LEER.DE vs. IQQE.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 EM UCITS ETF (Dist) (IQQE.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 | IQQE.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.78 | ||
| Sortino ratioReturn per unit of downside risk | -0.89 | ||
| Omega ratioGain probability vs. loss probability | 1.34 | 1.50 | -0.15 |
| Calmar ratioReturn relative to maximum drawdown | 4.24 | 4.59 | -0.35 |
| Martin ratioReturn relative to average drawdown | 11.61 | 16.67 | -5.06 |
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 | IQQE.DE | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 2.00 | 2.78 | -0.78 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.71 | 0.49 | +0.22 |
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 | 0.27 | -0.15 |
Drawdowns
LEER.DE vs. IQQE.DE - Drawdown Comparison
The maximum LEER.DE drawdown since its inception was -72.16%, which is greater than IQQE.DE's maximum drawdown of -59.33%. Use the drawdown chart below to compare losses from any high point for LEER.DE and IQQE.DE.
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Drawdown Indicators
| LEER.DE | IQQE.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -72.16% | -59.33% | -12.83% |
Max Drawdown (1Y)Largest decline over 1 year | -9.92% | -10.78% | +0.86% |
Max Drawdown (3Y)Largest decline over 3 years | -15.85% | -19.41% | +3.56% |
Max Drawdown (5Y)Largest decline over 5 years | -43.49% | -24.02% | -19.47% |
Max Drawdown (10Y)Largest decline over 10 years | -48.74% | -31.66% | -17.08% |
Current DrawdownCurrent decline from peak | -0.84% | -2.60% | +1.76% |
Average DrawdownAverage peak-to-trough decline | -33.44% | -12.99% | -20.45% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 3.63% | 2.98% | +0.65% |
Volatility
LEER.DE vs. IQQE.DE - Volatility Comparison
The current volatility for Amundi MSCI Eastern Europe Ex Russia UCITS ETF (LEER.DE) is 6.19%, while iShares MSCI EM UCITS ETF (Dist) (IQQE.DE) has a volatility of 7.24%. This indicates that LEER.DE experiences smaller price fluctuations and is considered to be less risky than IQQE.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 | IQQE.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 6.19% | 7.24% | -1.05% |
Volatility (6M)Calculated over the trailing 6-month period | 16.81% | 15.03% | +1.78% |
Volatility (1Y)Calculated over the trailing 1-year period | 21.00% | 17.83% | +3.17% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 23.00% | 16.78% | +6.22% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 21.97% | 18.33% | +3.64% |
LEER.DE vs. IQQE.DE - Expense Ratio Comparison
LEER.DE has a 0.50% expense ratio, which is higher than IQQE.DE's 0.18% expense ratio.
Dividends
LEER.DE vs. IQQE.DE - Dividend Comparison
LEER.DE has not paid dividends to shareholders, while IQQE.DE's dividend yield for the trailing twelve months is around 1.49%.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
IQQE.DE iShares MSCI EM UCITS ETF (Dist) | 1.49% | 1.87% | 2.19% | 2.34% | 2.91% | 1.99% | 1.53% | 1.75% | 1.94% | 1.42% | 1.83% | 2.22% |
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% |
Frequently Asked Questions
LEER.DE and IQQE.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, IQQE.DE is cheaper at 0.18% per year. The better choice depends on whether you care most about return, fees, risk, or income.
IQQE.DE is cheaper with a 0.18% expense ratio, compared with 0.50% for LEER.DE.
LEER.DE tracks MSCI Emerging Markets Eastern Europe ex Russia Index, while IQQE.DE tracks MSCI Emerging Markets. They also come from different issuers: Amundi and iShares. Their fees differ too: 0.50% for LEER.DE and 0.18% for IQQE.DE.
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