UET5.DE vs. AMES.DE
UET5.DE (UBS ETF (LU) Euro Stoxx 50 ESG UCITS ETF (EUR) Dist) and AMES.DE (Amundi ETF MSCI Spain UCITS ETF EUR) are both Europe Equities funds - UET5.DE tracks the EURO STOXX® 50 ESG while AMES.DE tracks the MSCI Spain. Both are passively managed. Over the past 5 years, UET5.DE returned 14.17%/yr vs 20.69%/yr for AMES.DE. A 0.79 correlation means they provide meaningful diversification when combined. UET5.DE charges 0.10%/yr vs 0.25%/yr for AMES.DE.
Performance
UET5.DE vs. AMES.DE - Performance Comparison
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Returns By Period
In the year-to-date period, UET5.DE achieves a 11.62% return, which is significantly lower than AMES.DE's 14.53% return.
UET5.DE
- 1D
- 0.60%
- 1M
- 3.64%
- YTD
- 11.62%
- 6M
- 12.47%
- 1Y
- 25.84%
- 3Y*
- 20.24%
- 5Y*
- 14.17%
- 10Y*
- —
AMES.DE
- 1D
- 0.72%
- 1M
- 7.06%
- YTD
- 14.53%
- 6M
- 15.44%
- 1Y
- 46.37%
- 3Y*
- 32.90%
- 5Y*
- 20.69%
- 10Y*
- 13.44%
UET5.DE vs. AMES.DE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | |
|---|---|---|---|---|---|---|---|---|
UET5.DE UBS ETF (LU) Euro Stoxx 50 ESG UCITS ETF (EUR) Dist | 11.62% | 25.93% | 12.78% | 25.33% | -9.34% | 26.97% | 0.18% | 8.33% |
AMES.DE Amundi ETF MSCI Spain UCITS ETF EUR | 14.53% | 55.41% | 19.00% | 26.86% | -0.71% | 6.98% | -12.87% | 2.62% |
Correlation
The correlation between UET5.DE and AMES.DE is 0.82, 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 | 0.82 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.77 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.78 |
Correlation (All Time) Calculated using the full available price history since Jul 25, 2019 | 0.79 |
The correlation between UET5.DE and AMES.DE has been stable across timeframes, ranging from 0.77 to 0.82 - a consistent structural relationship.
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Return for Risk
UET5.DE vs. AMES.DE — Risk / Return Rank
UET5.DE
AMES.DE
UET5.DE vs. AMES.DE - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for UBS ETF (LU) Euro Stoxx 50 ESG UCITS ETF (EUR) Dist (UET5.DE) and Amundi ETF MSCI Spain UCITS ETF EUR (AMES.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.
| UET5.DE | AMES.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -1.30 | ||
| Sortino ratioReturn per unit of downside risk | -1.50 | ||
| Omega ratioGain probability vs. loss probability | 1.28 | 1.50 | -0.23 |
| Calmar ratioReturn relative to maximum drawdown | 2.17 | 4.64 | -2.46 |
| Martin ratioReturn relative to average drawdown | 7.77 | 16.40 | -8.63 |
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Drawdowns
UET5.DE vs. AMES.DE - Drawdown Comparison
The maximum UET5.DE drawdown since its inception was -37.03%, smaller than the maximum AMES.DE drawdown of -40.98%. Use the drawdown chart below to compare losses from any high point for UET5.DE and AMES.DE.
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Drawdown Indicators
| UET5.DE | AMES.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -37.03% | -40.98% | +3.95% |
Max Drawdown (1Y)Largest decline over 1 year | -11.83% | -9.95% | -1.88% |
Max Drawdown (3Y)Largest decline over 3 years | -15.59% | -12.58% | -3.01% |
Max Drawdown (5Y)Largest decline over 5 years | -23.09% | -17.77% | -5.32% |
Max Drawdown (10Y)Largest decline over 10 years | — | -40.98% | — |
Current DrawdownCurrent decline from peak | -0.98% | -0.10% | -0.88% |
Average DrawdownAverage peak-to-trough decline | -4.98% | -10.09% | +5.11% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 3.32% | 2.82% | +0.50% |
Volatility
UET5.DE vs. AMES.DE - Volatility Comparison
UBS ETF (LU) Euro Stoxx 50 ESG UCITS ETF (EUR) Dist (UET5.DE) and Amundi ETF MSCI Spain UCITS ETF EUR (AMES.DE) have volatilities of 4.02% and 4.04%, 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
| UET5.DE | AMES.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 4.02% | 4.04% | -0.02% |
Volatility (6M)Calculated over the trailing 6-month period | 14.10% | 13.99% | +0.11% |
Volatility (1Y)Calculated over the trailing 1-year period | 16.98% | 16.47% | +0.51% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 17.31% | 16.97% | +0.34% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 19.67% | 18.42% | +1.25% |
UET5.DE vs. AMES.DE - Expense Ratio Comparison
UET5.DE has a 0.10% expense ratio, which is lower than AMES.DE's 0.25% expense ratio. Despite the difference, both funds are considered low-cost compared to the broader market, where average expense ratios usually range from 0.3% to 0.9%.
Dividends
UET5.DE vs. AMES.DE - Dividend Comparison
UET5.DE's dividend yield for the trailing twelve months is around 2.84%, while AMES.DE has not paid dividends to shareholders.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 |
|---|---|---|---|---|---|---|---|
AMES.DE Amundi ETF MSCI Spain UCITS ETF EUR | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
UET5.DE UBS ETF (LU) Euro Stoxx 50 ESG UCITS ETF (EUR) Dist | 2.84% | 2.15% | 3.28% | 2.96% | 3.06% | 1.90% | 1.93% |
Frequently Asked Questions
UET5.DE and AMES.DE have a correlation of 0.82, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, UET5.DE is cheaper at 0.10% per year. The better choice depends on whether you care most about return, fees, risk, or income.
UET5.DE is cheaper with a 0.10% expense ratio, compared with 0.25% for AMES.DE.
UET5.DE tracks EURO STOXX® 50 ESG, while AMES.DE tracks MSCI Spain. They also come from different issuers: UBS and Amundi. Their fees differ too: 0.10% for UET5.DE and 0.25% for AMES.DE.
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