PAEEM.PA vs. BNKE.L

Last updated Jun 26, 2026

PAEEM.PA (Amundi PEA Emergent (MSCI Emerging) ESG Transition UCITS ETF Acc) and BNKE.L (Lyxor EURO STOXX Banks (DR) UCITS ETF - Acc) are both exchange-traded funds - PAEEM.PA is a Emerging Markets Equities fund tracking the MSCI EM ex-Egypt ESG Broad CTB Select Index, while BNKE.L is a Financials Equities fund tracking the MSCI World/Financials NR USD. Both are passively managed. Over the past 5 years, PAEEM.PA returned 8.26%/yr vs 32.04%/yr for BNKE.L. At a 0.38 correlation, their price movements are largely independent. Both charge a 0.30% expense ratio.

Performance

PAEEM.PA vs. BNKE.L - Performance Comparison

The chart below illustrates the hypothetical performance of a €10,000 investment in Amundi PEA Emergent (MSCI Emerging) ESG Transition UCITS ETF Acc (PAEEM.PA) and Lyxor EURO STOXX Banks (DR) UCITS ETF - Acc (BNKE.L). The values are adjusted to include any dividend payments, if applicable.

Different Trading Currencies

PAEEM.PA is traded in EUR, while BNKE.L is traded in GBP. To make them comparable, the BNKE.L values have been converted to EUR using the latest available exchange rates.

Returns By Period

In the year-to-date period, PAEEM.PA achieves a 28.74% return, which is significantly higher than BNKE.L's 14.43% return.

PAEEM.PA

• 1D: 0.65%
• 1M: 3.07%
• YTD: 28.74%
• 6M: 29.92%
• 1Y: 48.05%
• 3Y*: 21.77%
• 5Y*: 8.26%
• 10Y*: —

BNKE.L

• 1D: 0.40%
• 1M: 8.04%
• YTD: 14.43%
• 6M: 14.84%
• 1Y: 54.30%
• 3Y*: 49.61%
• 5Y*: 32.04%
• 10Y*: —

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

PAEEM.PA vs. BNKE.L - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019
PAEEM.PA Amundi PEA Emergent (MSCI Emerging) ESG Transition UCITS ETF Acc	28.74%	22.47%	13.04%	3.26%	-15.31%	4.42%	8.27%	6.58%
BNKE.L Lyxor EURO STOXX Banks (DR) UCITS ETF - Acc	14.43%	89.51%	31.23%	30.46%	1.25%	39.69%	-22.57%	8.54%

Correlation

The correlation between PAEEM.PA and BNKE.L is 0.38, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.38
Correlation (3Y) Calculated over the trailing 3-year period	0.36
Correlation (5Y) Calculated over the trailing 5-year period	0.37
Correlation (All Time) Calculated using the full available price history since Jul 23, 2019	0.38

Return for Risk

PAEEM.PA vs. BNKE.L — Risk / Return Rank

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

PAEEM.PA

PAEEM.PA Risk / Return Rank: 85
PAEEM.PA Sharpe Ratio Rank: 87
PAEEM.PA Sortino Ratio Rank: 83
PAEEM.PA Omega Ratio Rank: 84
PAEEM.PA Calmar Ratio Rank: 87
PAEEM.PA Martin Ratio Rank: 84

BNKE.L

BNKE.L Risk / Return Rank: 77
BNKE.L Sharpe Ratio Rank: 85
BNKE.L Sortino Ratio Rank: 82
BNKE.L Omega Ratio Rank: 76
BNKE.L Calmar Ratio Rank: 75
BNKE.L Martin Ratio Rank: 68

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.

PAEEM.PA vs. BNKE.L - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Amundi PEA Emergent (MSCI Emerging) ESG Transition UCITS ETF Acc (PAEEM.PA) and Lyxor EURO STOXX Banks (DR) UCITS ETF - Acc (BNKE.L). 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.

	PAEEM.PA	BNKE.L	Difference
Sharpe ratio: Return per unit of total volatility	2.47	2.31	+0.16
Sortino ratio: Return per unit of downside risk	3.24	3.13	+0.12
Omega ratio: Gain probability vs. loss probability	1.44	1.38	+0.06
Calmar ratio: Return relative to maximum drawdown	4.43	3.16	+1.26
Martin ratio: Return relative to average drawdown	15.28	9.99	+5.29

PAEEM.PA vs. BNKE.L - Sharpe Ratio Comparison

The current PAEEM.PA Sharpe Ratio is 2.47, which is comparable to the BNKE.L Sharpe Ratio of 2.31. The chart below compares the historical Sharpe Ratios of PAEEM.PA and BNKE.L, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Drawdowns

PAEEM.PA vs. BNKE.L - Drawdown Comparison

The maximum PAEEM.PA drawdown since its inception was -31.94%, smaller than the maximum BNKE.L drawdown of -51.39%. Use the drawdown chart below to compare losses from any high point for PAEEM.PA and BNKE.L.

Drawdown Indicators

	PAEEM.PA	BNKE.L	Difference
Max Drawdown Largest peak-to-trough decline	-31.94%	-51.39%	+19.45%
Max Drawdown (1Y) Largest decline over 1 year	-10.70%	-17.08%	+6.38%
Max Drawdown (3Y) Largest decline over 3 years	-18.68%	-20.26%	+1.58%
Max Drawdown (5Y) Largest decline over 5 years	-23.63%	-34.14%	+10.51%
Current Drawdown Current decline from peak	-3.98%	-2.09%	-1.89%
Average Drawdown Average peak-to-trough decline	-10.65%	-11.02%	+0.37%
Ulcer Index Depth and duration of drawdowns from previous peaks	3.12%	5.42%	-2.30%

Volatility

PAEEM.PA vs. BNKE.L - Volatility Comparison

Amundi PEA Emergent (MSCI Emerging) ESG Transition UCITS ETF Acc (PAEEM.PA) has a higher volatility of 8.90% compared to Lyxor EURO STOXX Banks (DR) UCITS ETF - Acc (BNKE.L) at 6.33%. This indicates that PAEEM.PA's price experiences larger fluctuations and is considered to be riskier than BNKE.L based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	PAEEM.PA	BNKE.L	Difference
Volatility (1M) Calculated over the trailing 1-month period	8.90%	6.33%	+2.57%
Volatility (6M) Calculated over the trailing 6-month period	16.84%	19.14%	-2.30%
Volatility (1Y) Calculated over the trailing 1-year period	19.18%	23.44%	-4.26%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	17.33%	25.39%	-8.06%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	19.39%	29.95%	-10.56%

PAEEM.PA vs. BNKE.L - Expense Ratio Comparison

Both PAEEM.PA and BNKE.L have an expense ratio of 0.30%.

Dividends

PAEEM.PA vs. BNKE.L - Dividend Comparison

Neither PAEEM.PA nor BNKE.L has paid dividends to shareholders.

Tickers have no history of dividend payments

Frequently Asked Questions

Can I hold both PAEEM.PA and BNKE.L in my portfolio?

PAEEM.PA and BNKE.L have a correlation of 0.38, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, PAEEM.PA or BNKE.L?

Both ETFs have the same 0.30% expense ratio. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, PAEEM.PA or BNKE.L?

PAEEM.PA and BNKE.L have the same expense ratio: 0.30% per year.

What is the main difference between PAEEM.PA and BNKE.L?

PAEEM.PA is categorized as Emerging Markets Equities, while BNKE.L is Financials Equities. PAEEM.PA tracks MSCI EM ex-Egypt ESG Broad CTB Select Index, while BNKE.L tracks MSCI World/Financials NR USD.