LGQM.DE vs. XMKA.DE
LGQM.DE (Amundi Pan Africa UCITS ETF (Acc)) and XMKA.DE (Xtrackers MSCI Africa Top 50 Swap UCITS ETF (Acc)) are both Emerging Markets Equities funds - LGQM.DE tracks the SGI Pan Africa Index while XMKA.DE tracks the MSCI EFM Africa Top 50 Capped Index. Both are passively managed. Over the past 10 years, LGQM.DE returned 4.70%/yr vs 2.94%/yr for XMKA.DE. A 0.63 correlation means they provide meaningful diversification when combined. LGQM.DE charges 0.85%/yr vs 0.65%/yr for XMKA.DE.
Performance
LGQM.DE vs. XMKA.DE - Performance Comparison
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Returns By Period
In the year-to-date period, LGQM.DE achieves a -3.64% return, which is significantly lower than XMKA.DE's -1.31% return. Over the past 10 years, LGQM.DE has outperformed XMKA.DE with an annualized return of 4.70%, while XMKA.DE has yielded a comparatively lower 2.94% annualized return.
LGQM.DE
- 1D
- -0.85%
- 1M
- -10.13%
- 6M
- -8.84%
- YTD
- -3.64%
- 1Y
- 27.57%
- 3Y*
- 15.50%
- 5Y*
- 9.54%
- 10Y*
- 4.70%
XMKA.DE
- 1D
- -1.31%
- 1M
- -3.10%
- 6M
- -7.74%
- YTD
- -1.31%
- 1Y
- 14.97%
- 3Y*
- 13.72%
- 5Y*
- 6.22%
- 10Y*
- 2.94%
LGQM.DE vs. XMKA.DE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
LGQM.DE Amundi Pan Africa UCITS ETF (Acc) | -3.64% | 51.40% | 12.14% | -3.16% | -5.95% | 9.29% | -6.21% | 12.09% | -16.43% | 10.99% |
XMKA.DE Xtrackers MSCI Africa Top 50 Swap UCITS ETF (Acc) | -1.31% | 36.20% | 10.13% | -6.42% | -6.03% | 12.80% | -15.94% | 13.45% | -15.31% | 10.09% |
Correlation
The correlation between LGQM.DE and XMKA.DE is 0.62, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.62 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.47 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.56 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.63 |
Correlation (All Time) Calculated using the full available price history since May 9, 2011 | 0.63 |
The correlation between LGQM.DE and XMKA.DE shifts across timeframes, from 0.47 (3 years) to 0.63 (10 years), reflecting how their relationship changes across market environments.
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Return for Risk
LGQM.DE vs. XMKA.DE — Risk / Return Rank
LGQM.DE
XMKA.DE
LGQM.DE vs. XMKA.DE - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Amundi Pan Africa UCITS ETF (Acc) (LGQM.DE) and Xtrackers MSCI Africa Top 50 Swap UCITS ETF (Acc) (XMKA.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.
| LGQM.DE | XMKA.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.11 | ||
| Sortino ratioReturn per unit of downside risk | +0.14 | ||
| Omega ratioGain probability vs. loss probability | 1.18 | 1.15 | +0.03 |
| Calmar ratioReturn relative to maximum drawdown | 1.41 | 0.92 | +0.49 |
| Martin ratioReturn relative to average drawdown | 3.31 | 2.17 | +1.14 |
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Drawdowns
LGQM.DE vs. XMKA.DE - Drawdown Comparison
The maximum LGQM.DE drawdown since its inception was -61.98%, which is greater than XMKA.DE's maximum drawdown of -51.47%. Use the drawdown chart below to compare losses from any high point for LGQM.DE and XMKA.DE.
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Drawdown Indicators
| LGQM.DE | XMKA.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -61.98% | -51.47% | -10.51% |
Max Drawdown (1Y)Largest decline over 1 year | -19.42% | -16.24% | -3.18% |
Max Drawdown (3Y)Largest decline over 3 years | -19.42% | -16.24% | -3.18% |
Max Drawdown (5Y)Largest decline over 5 years | -24.12% | -26.58% | +2.46% |
Max Drawdown (10Y)Largest decline over 10 years | -50.35% | -47.21% | -3.14% |
Current DrawdownCurrent decline from peak | -15.95% | -10.83% | -5.12% |
Average DrawdownAverage peak-to-trough decline | -26.92% | -22.00% | -4.92% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 8.31% | 6.88% | +1.43% |
Volatility
LGQM.DE vs. XMKA.DE - Volatility Comparison
Amundi Pan Africa UCITS ETF (Acc) (LGQM.DE) has a higher volatility of 6.31% compared to Xtrackers MSCI Africa Top 50 Swap UCITS ETF (Acc) (XMKA.DE) at 4.67%. This indicates that LGQM.DE's price experiences larger fluctuations and is considered to be riskier than XMKA.DE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| LGQM.DE | XMKA.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 6.31% | 4.67% | +1.64% |
Volatility (6M)Calculated over the trailing 6-month period | 27.50% | 16.99% | +10.51% |
Volatility (1Y)Calculated over the trailing 1-year period | 32.16% | 20.10% | +12.06% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 23.79% | 20.06% | +3.73% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 23.12% | 21.66% | +1.46% |
LGQM.DE vs. XMKA.DE - Expense Ratio Comparison
LGQM.DE has a 0.85% expense ratio, which is higher than XMKA.DE's 0.65% expense ratio.
Dividends
LGQM.DE vs. XMKA.DE - Dividend Comparison
Neither LGQM.DE nor XMKA.DE has paid dividends to shareholders.
Frequently Asked Questions
LGQM.DE and XMKA.DE have a correlation of 0.62, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, XMKA.DE is cheaper at 0.65% per year. The better choice depends on whether you care most about return, fees, risk, or income.
XMKA.DE is cheaper with a 0.65% expense ratio, compared with 0.85% for LGQM.DE.
LGQM.DE tracks SGI Pan Africa Index, while XMKA.DE tracks MSCI EFM Africa Top 50 Capped Index. They also come from different issuers: Amundi and Xtrackers. Their fees differ too: 0.85% for LGQM.DE and 0.65% for XMKA.DE.
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