UIMA.DE vs. AMEL.DE
UIMA.DE (UBS ETF (LU) MSCI Europe UCITS ETF (EUR) A-dis) and AMEL.DE (Amundi MSCI Emerging Markets Latin America UCITS ETF EUR) are both exchange-traded funds - UIMA.DE is a Europe Equities fund tracking the MSCI Europe, while AMEL.DE is a Latin America Equities fund tracking the MSCI Emerging Markets Latin America. Both are passively managed. Over the past 10 years, UIMA.DE returned 9.17%/yr vs 7.43%/yr for AMEL.DE. A 0.55 correlation means they provide meaningful diversification when combined. UIMA.DE charges 0.10%/yr vs 0.20%/yr for AMEL.DE.
Performance
UIMA.DE vs. AMEL.DE - Performance Comparison
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Returns By Period
In the year-to-date period, UIMA.DE achieves a 7.64% return, which is significantly lower than AMEL.DE's 10.83% return. Over the past 10 years, UIMA.DE has outperformed AMEL.DE with an annualized return of 9.17%, while AMEL.DE has yielded a comparatively lower 7.43% annualized return.
UIMA.DE
- 1D
- 0.62%
- 1M
- 3.43%
- YTD
- 7.64%
- 6M
- 9.99%
- 1Y
- 16.53%
- 3Y*
- 13.82%
- 5Y*
- 10.02%
- 10Y*
- 9.17%
AMEL.DE
- 1D
- -0.86%
- 1M
- -7.22%
- YTD
- 10.83%
- 6M
- 8.65%
- 1Y
- 34.54%
- 3Y*
- 10.77%
- 5Y*
- 9.48%
- 10Y*
- 7.43%
UIMA.DE vs. AMEL.DE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
UIMA.DE UBS ETF (LU) MSCI Europe UCITS ETF (EUR) A-dis | 7.64% | 20.65% | 8.36% | 15.54% | -9.27% | 24.93% | -3.30% | 27.60% | -11.02% | 11.02% |
AMEL.DE Amundi MSCI Emerging Markets Latin America UCITS ETF EUR | 10.83% | 38.06% | -22.22% | 28.09% | 16.34% | -3.21% | -21.29% | 20.69% | -3.27% | 8.15% |
Correlation
The correlation between UIMA.DE and AMEL.DE is 0.55, 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 | 0.55 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.49 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.48 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.52 |
Correlation (All Time) Calculated using the full available price history since Dec 1, 2011 | 0.55 |
The correlation between UIMA.DE and AMEL.DE has been stable across timeframes, ranging from 0.48 to 0.55 - a consistent structural relationship.
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Return for Risk
UIMA.DE vs. AMEL.DE — Risk / Return Rank
UIMA.DE
AMEL.DE
UIMA.DE vs. AMEL.DE - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for UBS ETF (LU) MSCI Europe UCITS ETF (EUR) A-dis (UIMA.DE) and Amundi MSCI Emerging Markets Latin America UCITS ETF EUR (AMEL.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.
| UIMA.DE | AMEL.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.61 | ||
| Sortino ratioReturn per unit of downside risk | -0.69 | ||
| Omega ratioGain probability vs. loss probability | 1.24 | 1.33 | -0.08 |
| Calmar ratioReturn relative to maximum drawdown | 1.75 | 3.16 | -1.42 |
| Martin ratioReturn relative to average drawdown | 6.51 | 9.66 | -3.15 |
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
| UIMA.DE | AMEL.DE | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.29 | 1.90 | -0.61 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.70 | 0.45 | +0.25 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.59 | 0.29 | +0.29 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.49 | 0.12 | +0.37 |
Drawdowns
UIMA.DE vs. AMEL.DE - Drawdown Comparison
The maximum UIMA.DE drawdown since its inception was -35.78%, smaller than the maximum AMEL.DE drawdown of -52.69%. Use the drawdown chart below to compare losses from any high point for UIMA.DE and AMEL.DE.
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Drawdown Indicators
| UIMA.DE | AMEL.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -35.78% | -52.69% | +16.91% |
Max Drawdown (1Y)Largest decline over 1 year | -9.42% | -10.86% | +1.44% |
Max Drawdown (3Y)Largest decline over 3 years | -16.25% | -25.38% | +9.13% |
Max Drawdown (5Y)Largest decline over 5 years | -19.42% | -25.38% | +5.96% |
Max Drawdown (10Y)Largest decline over 10 years | -35.78% | -51.31% | +15.53% |
Current DrawdownCurrent decline from peak | -1.50% | -10.86% | +9.36% |
Average DrawdownAverage peak-to-trough decline | -5.66% | -17.89% | +12.23% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.53% | 3.57% | -1.04% |
Volatility
UIMA.DE vs. AMEL.DE - Volatility Comparison
The current volatility for UBS ETF (LU) MSCI Europe UCITS ETF (EUR) A-dis (UIMA.DE) is 4.30%, while Amundi MSCI Emerging Markets Latin America UCITS ETF EUR (AMEL.DE) has a volatility of 5.32%. This indicates that UIMA.DE experiences smaller price fluctuations and is considered to be less risky than AMEL.DE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| UIMA.DE | AMEL.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 4.30% | 5.32% | -1.02% |
Volatility (6M)Calculated over the trailing 6-month period | 10.54% | 15.30% | -4.76% |
Volatility (1Y)Calculated over the trailing 1-year period | 12.75% | 18.10% | -5.35% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 14.19% | 20.90% | -6.71% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 15.57% | 25.27% | -9.70% |
UIMA.DE vs. AMEL.DE - Expense Ratio Comparison
UIMA.DE has a 0.10% expense ratio, which is lower than AMEL.DE's 0.20% 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
UIMA.DE vs. AMEL.DE - Dividend Comparison
UIMA.DE's dividend yield for the trailing twelve months is around 3.16%, while AMEL.DE has not paid dividends to shareholders.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
AMEL.DE Amundi MSCI Emerging Markets Latin America UCITS ETF EUR | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
UIMA.DE UBS ETF (LU) MSCI Europe UCITS ETF (EUR) A-dis | 3.16% | 2.48% | 2.67% | 2.74% | 2.91% | 2.02% | 2.06% | 2.87% | 3.38% | 2.91% | 3.95% | 3.24% |
Frequently Asked Questions
UIMA.DE and AMEL.DE have a correlation of 0.55, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, UIMA.DE is cheaper at 0.10% per year. The better choice depends on whether you care most about return, fees, risk, or income.
UIMA.DE is cheaper with a 0.10% expense ratio, compared with 0.20% for AMEL.DE.
UIMA.DE is categorized as Europe Equities, while AMEL.DE is Latin America Equities. UIMA.DE tracks MSCI Europe, while AMEL.DE tracks MSCI Emerging Markets Latin America. They also come from different issuers: UBS and Amundi. Their fees differ too: 0.10% for UIMA.DE and 0.20% for AMEL.DE.
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