PAEEM.PA vs. XNKY.DE
PAEEM.PA (Amundi PEA Emergent (MSCI Emerging) ESG Transition UCITS ETF Acc) and XNKY.DE (Xtrackers Nikkei 225 UCITS ETF) 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 XNKY.DE is a Japan Equities fund tracking the Nikkei 225®. Both are passively managed. Over the past 5 years, PAEEM.PA returned 8.26%/yr vs 13.33%/yr for XNKY.DE. A 0.54 correlation means they provide meaningful diversification when combined. PAEEM.PA charges 0.30%/yr vs 0.09%/yr for XNKY.DE.
Performance
PAEEM.PA vs. XNKY.DE - Performance Comparison
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Returns By Period
In the year-to-date period, PAEEM.PA achieves a 28.74% return, which is significantly lower than XNKY.DE's 38.55% 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*
- —
XNKY.DE
- 1D
- 0.00%
- 1M
- 7.41%
- YTD
- 38.55%
- 6M
- 39.35%
- 1Y
- 66.87%
- 3Y*
- 23.92%
- 5Y*
- 13.33%
- 10Y*
- —
PAEEM.PA vs. XNKY.DE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | |
|---|---|---|---|---|---|---|---|
PAEEM.PA Amundi PEA Emergent (MSCI Emerging) ESG Transition UCITS ETF Acc | 28.74% | 22.47% | 13.04% | 3.26% | -15.31% | 4.42% | 6.90% |
XNKY.DE Xtrackers Nikkei 225 UCITS ETF | 38.55% | 16.16% | 14.34% | 18.03% | -15.35% | 3.16% | 7.65% |
Correlation
The correlation between PAEEM.PA and XNKY.DE is 0.66, 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 | 0.66 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.52 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.53 |
Correlation (All Time) Calculated using the full available price history since Nov 9, 2020 | 0.54 |
The correlation between PAEEM.PA and XNKY.DE shifts across timeframes, from 0.52 (3 years) to 0.66 (1 year), reflecting how their relationship changes across market environments.
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Return for Risk
PAEEM.PA vs. XNKY.DE — Risk / Return Rank
PAEEM.PA
XNKY.DE
PAEEM.PA vs. XNKY.DE - 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 Xtrackers Nikkei 225 UCITS ETF (XNKY.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.
| PAEEM.PA | XNKY.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.21 | ||
| Sortino ratioReturn per unit of downside risk | -0.41 | ||
| Omega ratioGain probability vs. loss probability | 1.44 | 1.44 | 0.00 |
| Calmar ratioReturn relative to maximum drawdown | 4.43 | 5.17 | -0.74 |
| Martin ratioReturn relative to average drawdown | 15.28 | 15.47 | -0.19 |
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Drawdowns
PAEEM.PA vs. XNKY.DE - Drawdown Comparison
The maximum PAEEM.PA drawdown since its inception was -31.94%, which is greater than XNKY.DE's maximum drawdown of -21.47%. Use the drawdown chart below to compare losses from any high point for PAEEM.PA and XNKY.DE.
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Drawdown Indicators
| PAEEM.PA | XNKY.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -31.94% | -21.47% | -10.47% |
Max Drawdown (1Y)Largest decline over 1 year | -10.70% | -12.99% | +2.29% |
Max Drawdown (3Y)Largest decline over 3 years | -18.68% | -20.16% | +1.48% |
Max Drawdown (5Y)Largest decline over 5 years | -23.63% | -21.15% | -2.48% |
Current DrawdownCurrent decline from peak | -3.98% | -4.10% | +0.12% |
Average DrawdownAverage peak-to-trough decline | -10.65% | -7.81% | -2.84% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 3.12% | 4.33% | -1.21% |
Volatility
PAEEM.PA vs. XNKY.DE - Volatility Comparison
Amundi PEA Emergent (MSCI Emerging) ESG Transition UCITS ETF Acc (PAEEM.PA) and Xtrackers Nikkei 225 UCITS ETF (XNKY.DE) have volatilities of 8.90% and 9.07%, 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.
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Volatility by Period
| PAEEM.PA | XNKY.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 8.90% | 9.07% | -0.17% |
Volatility (6M)Calculated over the trailing 6-month period | 16.84% | 20.16% | -3.32% |
Volatility (1Y)Calculated over the trailing 1-year period | 19.18% | 25.08% | -5.90% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 17.33% | 18.95% | -1.62% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 19.39% | 18.66% | +0.73% |
PAEEM.PA vs. XNKY.DE - Expense Ratio Comparison
PAEEM.PA has a 0.30% expense ratio, which is higher than XNKY.DE's 0.09% expense ratio.
Dividends
PAEEM.PA vs. XNKY.DE - Dividend Comparison
Neither PAEEM.PA nor XNKY.DE has paid dividends to shareholders.
Frequently Asked Questions
PAEEM.PA and XNKY.DE have a correlation of 0.66, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, XNKY.DE is cheaper at 0.09% per year. The better choice depends on whether you care most about return, fees, risk, or income.
XNKY.DE is cheaper with a 0.09% expense ratio, compared with 0.30% for PAEEM.PA.
PAEEM.PA is categorized as Emerging Markets Equities, while XNKY.DE is Japan Equities. PAEEM.PA tracks MSCI EM ex-Egypt ESG Broad CTB Select Index, while XNKY.DE tracks Nikkei 225®. They also come from different issuers: Amundi and Xtrackers. Their fees differ too: 0.30% for PAEEM.PA and 0.09% for XNKY.DE.
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