SADM.DE vs. EUNZ.DE
SADM.DE (Amundi MSCI Emerging ESG Leaders - UCITS ETF) and EUNZ.DE (iShares Edge MSCI EM Minimum Volatility UCITS ETF) are both Emerging Markets Equities funds - SADM.DE tracks the MSCI Emerging Markets Extended ESG Leaders 5% Issuer Capped while EUNZ.DE tracks the MSCI Emerging Markets Minimum Volatility. Both are passively managed. Over the past 5 years, SADM.DE returned 4.21%/yr vs 6.48%/yr for EUNZ.DE. Their correlation of 0.83 suggests significant overlap in exposure. SADM.DE charges 0.18%/yr vs 0.40%/yr for EUNZ.DE.
Performance
SADM.DE vs. EUNZ.DE - Performance Comparison
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Returns By Period
In the year-to-date period, SADM.DE achieves a 13.18% return, which is significantly lower than EUNZ.DE's 18.69% return.
SADM.DE
- 1D
- -2.01%
- 1M
- 2.05%
- YTD
- 13.18%
- 6M
- 13.48%
- 1Y
- 28.74%
- 3Y*
- 14.44%
- 5Y*
- 4.21%
- 10Y*
- —
EUNZ.DE
- 1D
- -1.19%
- 1M
- 5.16%
- YTD
- 18.69%
- 6M
- 18.37%
- 1Y
- 22.59%
- 3Y*
- 11.07%
- 5Y*
- 6.48%
- 10Y*
- 6.20%
SADM.DE vs. EUNZ.DE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | |
|---|---|---|---|---|---|---|---|
SADM.DE Amundi MSCI Emerging ESG Leaders - UCITS ETF | 13.18% | 18.73% | 12.63% | 0.17% | -15.44% | 6.79% | 18.80% |
EUNZ.DE iShares Edge MSCI EM Minimum Volatility UCITS ETF | 18.69% | -0.15% | 15.73% | 3.85% | -8.85% | 13.05% | 9.22% |
Correlation
The correlation between SADM.DE and EUNZ.DE is 0.85, indicating a strong positive relationship between their price movements. Combining them offers limited diversification - they tend to fall together during downturns.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.85 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.81 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.82 |
Correlation (All Time) Calculated using the full available price history since Jul 1, 2020 | 0.83 |
The correlation between SADM.DE and EUNZ.DE has been stable across timeframes, ranging from 0.81 to 0.85 - a consistent structural relationship.
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Return for Risk
SADM.DE vs. EUNZ.DE — Risk / Return Rank
SADM.DE
EUNZ.DE
SADM.DE vs. EUNZ.DE - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Amundi MSCI Emerging ESG Leaders - UCITS ETF (SADM.DE) and iShares Edge MSCI EM Minimum Volatility UCITS ETF (EUNZ.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.
| SADM.DE | EUNZ.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.16 | ||
| Sortino ratioReturn per unit of downside risk | -0.22 | ||
| Omega ratioGain probability vs. loss probability | 1.29 | 1.35 | -0.06 |
| Calmar ratioReturn relative to maximum drawdown | 3.04 | 3.00 | +0.04 |
| Martin ratioReturn relative to average drawdown | 9.77 | 10.57 | -0.79 |
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
| SADM.DE | EUNZ.DE | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.69 | 1.85 | -0.16 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.25 | 0.56 | -0.31 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | — | 0.46 | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.50 | 0.35 | +0.15 |
Drawdowns
SADM.DE vs. EUNZ.DE - Drawdown Comparison
The maximum SADM.DE drawdown since its inception was -27.30%, smaller than the maximum EUNZ.DE drawdown of -30.47%. Use the drawdown chart below to compare losses from any high point for SADM.DE and EUNZ.DE.
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Drawdown Indicators
| SADM.DE | EUNZ.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -27.30% | -30.47% | +3.17% |
Max Drawdown (1Y)Largest decline over 1 year | -9.42% | -7.50% | -1.92% |
Max Drawdown (3Y)Largest decline over 3 years | -17.93% | -14.00% | -3.93% |
Max Drawdown (5Y)Largest decline over 5 years | -26.42% | -14.00% | -12.42% |
Max Drawdown (10Y)Largest decline over 10 years | — | -26.15% | — |
Current DrawdownCurrent decline from peak | -3.17% | -1.96% | -1.21% |
Average DrawdownAverage peak-to-trough decline | -11.37% | -7.62% | -3.75% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.93% | 2.13% | +0.80% |
Volatility
SADM.DE vs. EUNZ.DE - Volatility Comparison
Amundi MSCI Emerging ESG Leaders - UCITS ETF (SADM.DE) has a higher volatility of 5.86% compared to iShares Edge MSCI EM Minimum Volatility UCITS ETF (EUNZ.DE) at 4.75%. This indicates that SADM.DE's price experiences larger fluctuations and is considered to be riskier than EUNZ.DE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| SADM.DE | EUNZ.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 5.86% | 4.75% | +1.11% |
Volatility (6M)Calculated over the trailing 6-month period | 13.63% | 10.35% | +3.28% |
Volatility (1Y)Calculated over the trailing 1-year period | 16.94% | 12.18% | +4.76% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 16.88% | 11.41% | +5.47% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 16.97% | 13.32% | +3.65% |
SADM.DE vs. EUNZ.DE - Expense Ratio Comparison
SADM.DE has a 0.18% expense ratio, which is lower than EUNZ.DE's 0.40% expense ratio.
Dividends
SADM.DE vs. EUNZ.DE - Dividend Comparison
Neither SADM.DE nor EUNZ.DE has paid dividends to shareholders.
Frequently Asked Questions
SADM.DE and EUNZ.DE have a correlation of 0.85, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, SADM.DE is cheaper at 0.18% per year. The better choice depends on whether you care most about return, fees, risk, or income.
SADM.DE is cheaper with a 0.18% expense ratio, compared with 0.40% for EUNZ.DE.
SADM.DE tracks MSCI Emerging Markets Extended ESG Leaders 5% Issuer Capped, while EUNZ.DE tracks MSCI Emerging Markets Minimum Volatility. They also come from different issuers: Amundi and iShares. Their fees differ too: 0.18% for SADM.DE and 0.40% for EUNZ.DE.
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