VFEA.DE vs. AE5A.DE
VFEA.DE (Vanguard FTSE Emerging Markets UCITS ETF Acc) and AE5A.DE (Amundi Core MSCI Emerging Markets Swap UCITS ETF Dist) are both Emerging Markets Equities funds - VFEA.DE tracks the FTSE Emerging while AE5A.DE tracks the MSCI Emerging Markets Index. Both are passively managed. Over the past 5 years, VFEA.DE returned 5.93%/yr vs 8.49%/yr for AE5A.DE. Their correlation of 0.95 suggests significant overlap in exposure. VFEA.DE charges 0.22%/yr vs 0.14%/yr for AE5A.DE.
Performance
VFEA.DE vs. AE5A.DE - Performance Comparison
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Returns By Period
In the year-to-date period, VFEA.DE achieves a 12.59% return, which is significantly lower than AE5A.DE's 27.41% return.
VFEA.DE
- 1D
- -0.47%
- 1M
- 2.09%
- YTD
- 12.59%
- 6M
- 13.26%
- 1Y
- 26.84%
- 3Y*
- 15.02%
- 5Y*
- 5.93%
- 10Y*
- —
AE5A.DE
- 1D
- -1.54%
- 1M
- 6.05%
- YTD
- 27.41%
- 6M
- 29.44%
- 1Y
- 49.88%
- 3Y*
- 20.90%
- 5Y*
- 8.49%
- 10Y*
- 9.98%
VFEA.DE vs. AE5A.DE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | |
|---|---|---|---|---|---|---|---|---|
VFEA.DE Vanguard FTSE Emerging Markets UCITS ETF Acc | 12.59% | 11.25% | 19.29% | 3.31% | -10.70% | 6.34% | 3.46% | 9.82% |
AE5A.DE Amundi Core MSCI Emerging Markets Swap UCITS ETF Dist | 27.41% | 19.26% | 14.36% | 5.58% | -14.19% | 4.19% | 7.49% | 9.15% |
Correlation
The correlation between VFEA.DE and AE5A.DE is 0.95 - these two move nearly in lockstep. At this level, holding both provides almost no diversification benefit. If you already own one, adding the other does little to reduce portfolio risk.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.95 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.94 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.94 |
Correlation (All Time) Calculated using the full available price history since Sep 27, 2019 | 0.95 |
The correlation between VFEA.DE and AE5A.DE has been stable across timeframes, ranging from 0.94 to 0.95 - a consistent structural relationship.
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Return for Risk
VFEA.DE vs. AE5A.DE — Risk / Return Rank
VFEA.DE
AE5A.DE
VFEA.DE vs. AE5A.DE - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Vanguard FTSE Emerging Markets UCITS ETF Acc (VFEA.DE) and Amundi Core MSCI Emerging Markets Swap UCITS ETF Dist (AE5A.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.
| VFEA.DE | AE5A.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.97 | ||
| Sortino ratioReturn per unit of downside risk | -1.12 | ||
| Omega ratioGain probability vs. loss probability | 1.33 | 1.50 | -0.18 |
| Calmar ratioReturn relative to maximum drawdown | 3.17 | 4.80 | -1.63 |
| Martin ratioReturn relative to average drawdown | 10.71 | 17.35 | -6.64 |
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
| VFEA.DE | AE5A.DE | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.82 | 2.79 | -0.97 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.37 | 0.51 | -0.13 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | — | 0.53 | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.43 | 0.42 | +0.01 |
Drawdowns
VFEA.DE vs. AE5A.DE - Drawdown Comparison
The maximum VFEA.DE drawdown since its inception was -30.51%, smaller than the maximum AE5A.DE drawdown of -36.16%. Use the drawdown chart below to compare losses from any high point for VFEA.DE and AE5A.DE.
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Drawdown Indicators
| VFEA.DE | AE5A.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -30.51% | -36.16% | +5.65% |
Max Drawdown (1Y)Largest decline over 1 year | -8.44% | -10.34% | +1.90% |
Max Drawdown (3Y)Largest decline over 3 years | -18.97% | -19.22% | +0.25% |
Max Drawdown (5Y)Largest decline over 5 years | -19.99% | -23.47% | +3.48% |
Max Drawdown (10Y)Largest decline over 10 years | — | -32.24% | — |
Current DrawdownCurrent decline from peak | -1.85% | -2.56% | +0.71% |
Average DrawdownAverage peak-to-trough decline | -8.59% | -9.72% | +1.13% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.50% | 2.87% | -0.37% |
Volatility
VFEA.DE vs. AE5A.DE - Volatility Comparison
The current volatility for Vanguard FTSE Emerging Markets UCITS ETF Acc (VFEA.DE) is 5.45%, while Amundi Core MSCI Emerging Markets Swap UCITS ETF Dist (AE5A.DE) has a volatility of 7.32%. This indicates that VFEA.DE experiences smaller price fluctuations and is considered to be less risky than AE5A.DE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| VFEA.DE | AE5A.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 5.45% | 7.32% | -1.87% |
Volatility (6M)Calculated over the trailing 6-month period | 11.82% | 14.97% | -3.15% |
Volatility (1Y)Calculated over the trailing 1-year period | 14.70% | 17.82% | -3.12% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 15.69% | 17.23% | -1.54% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 18.20% | 19.05% | -0.85% |
VFEA.DE vs. AE5A.DE - Expense Ratio Comparison
VFEA.DE has a 0.22% expense ratio, which is higher than AE5A.DE's 0.14% expense ratio. However, both funds are considered low-cost compared to the broader market, where average expense ratios usually range from 0.3% to 0.9%.
Dividends
VFEA.DE vs. AE5A.DE - Dividend Comparison
VFEA.DE has not paid dividends to shareholders, while AE5A.DE's dividend yield for the trailing twelve months is around 1.69%.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 |
|---|---|---|---|---|---|---|---|---|---|
AE5A.DE Amundi Core MSCI Emerging Markets Swap UCITS ETF Dist | 1.69% | 2.15% | 3.38% | 3.80% | 2.44% | 1.62% | 1.71% | 2.01% | 2.17% |
VFEA.DE Vanguard FTSE Emerging Markets UCITS ETF Acc | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Frequently Asked Questions
With a correlation of 0.95, VFEA.DE and AE5A.DE move almost identically. Holding both adds very little diversification - you're essentially doubling your position in the same market segment. Choosing one is usually more capital-efficient.
On fees, AE5A.DE is cheaper at 0.14% per year. The better choice depends on whether you care most about return, fees, risk, or income.
AE5A.DE is cheaper with a 0.14% expense ratio, compared with 0.22% for VFEA.DE.
VFEA.DE tracks FTSE Emerging, while AE5A.DE tracks MSCI Emerging Markets Index. They also come from different issuers: Vanguard and Amundi. Their fees differ too: 0.22% for VFEA.DE and 0.14% for AE5A.DE.
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