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VLED.DE vs. AMES.DE
Performance
Return for Risk
Dividends
Drawdowns
Volatility

VLED.DE vs. AMES.DE

Last updated Apr 2, 2026

Compare and contrast key facts about BNP Paribas Easy ESG Low Volatility Europe UCITS ETF (VLED.DE) and Amundi ETF MSCI Spain UCITS ETF EUR (AMES.DE).

VLED.DE and AMES.DE are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. VLED.DE is a passively managed fund by BNP Paribas that tracks the performance of the BNP Paribas Low Vol Europe ESG. It was launched on Jan 31, 2017. AMES.DE is a passively managed fund by Amundi that tracks the performance of the MSCI Spain. It was launched on Mar 22, 2018. Both VLED.DE and AMES.DE are passive ETFs, meaning that they are not actively managed but aim to replicate the performance of the underlying index as closely as possible.

Performance

VLED.DE vs. AMES.DE - Performance Comparison

The chart below illustrates the hypothetical performance of a €10,000 investment in BNP Paribas Easy ESG Low Volatility Europe UCITS ETF (VLED.DE) and Amundi ETF MSCI Spain UCITS ETF EUR (AMES.DE). The values are adjusted to include any dividend payments, if applicable.

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VLED.DE vs. AMES.DE - Yearly Performance Comparison

2026 (YTD)202520242023202220212020201920182017
VLED.DE
BNP Paribas Easy ESG Low Volatility Europe UCITS ETF		2.29%12.36%11.46%11.66%-13.53%27.24%-5.11%25.67%-3.51%9.99%
AMES.DE
Amundi ETF MSCI Spain UCITS ETF EUR		1.66%55.41%19.00%25.94%0.03%6.96%-12.87%15.76%-12.77%9.61%

Returns By Period

In the year-to-date period, VLED.DE achieves a 2.29% return, which is significantly higher than AMES.DE's 1.66% return.

VLED.DE

1D
2.33%
1M
-5.59%
YTD
2.29%
6M
6.75%
1Y
7.83%
3Y*
9.63%
5Y*
8.23%
10Y*
—

AMES.DE

1D
2.93%
1M
-1.70%
YTD
1.66%
6M
14.32%
1Y
36.37%
3Y*
28.20%
5Y*
19.57%
10Y*
10.90%
*Multi-year figures are annualized to reflect compound growth (CAGR)

Compare stocks, funds, or ETFs

Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.

BNP Paribas Easy ESG Low Volatility Europe UCITS ETF

Amundi ETF MSCI Spain UCITS ETF EUR

Often compared with VLED.DE:
VLED.DE vs. B41J.DEVLED.DE vs. EUN0.DEVLED.DE vs. ZPRL.DEVLED.DE vs. FLXD.DEVLED.DE vs. EUPA.DEVLED.DE vs. 5HEU.DEVLED.DE vs. MIVA.DE
Often compared with AMES.DE:
AMES.DE vs. XESP.DEAMES.DE vs. VUGAMES.DE vs. GLDAMES.DE vs. EDM4.DEAMES.DE vs. IQQG.DEAMES.DE vs. FTGE.DEAMES.DE vs. FEUQ.DE

VLED.DE vs. AMES.DE - Expense Ratio Comparison

VLED.DE has a 0.30% expense ratio, which is higher than AMES.DE's 0.25% expense ratio.

VLED.DE
BNP Paribas Easy ESG Low Volatility Europe UCITS ETF
AMES.DE
Amundi ETF MSCI Spain UCITS ETF EUR

Return for Risk

VLED.DE vs. AMES.DE — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.
VLED.DE
VLED.DE Risk / Return Rank: 2626
Overall Rank
VLED.DE Sharpe Ratio Rank: 2828
Sharpe Ratio Rank
VLED.DE Sortino Ratio Rank: 2525
Sortino Ratio Rank
VLED.DE Omega Ratio Rank: 2828
Omega Ratio Rank
VLED.DE Calmar Ratio Rank: 2727
Calmar Ratio Rank
VLED.DE Martin Ratio Rank: 2525
Martin Ratio Rank
AMES.DE
AMES.DE Risk / Return Rank: 8989
Overall Rank
AMES.DE Sharpe Ratio Rank: 8989
Sharpe Ratio Rank
AMES.DE Sortino Ratio Rank: 8888
Sortino Ratio Rank
AMES.DE Omega Ratio Rank: 8989
Omega Ratio Rank
AMES.DE Calmar Ratio Rank: 9090
Calmar Ratio Rank
AMES.DE Martin Ratio Rank: 8989
Martin Ratio Rank
The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

VLED.DE vs. AMES.DE - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for BNP Paribas Easy ESG Low Volatility Europe UCITS ETF (VLED.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.

VLED.DEAMES.DEDifference

Sharpe ratio

Return per unit of total volatility

0.57

2.01

-1.44

Sortino ratio

Return per unit of downside risk

0.82

2.52

-1.70

Omega ratio

Gain probability vs. loss probability

1.13

1.39

-0.26

Calmar ratio

Return relative to maximum drawdown

0.78

3.39

-2.61

Martin ratio

Return relative to average drawdown

2.25

12.19

-9.94

Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

VLED.DE vs. AMES.DE - Sharpe Ratio Comparison

The current VLED.DE Sharpe Ratio is 0.57, which is lower than the AMES.DE Sharpe Ratio of 2.01. The chart below compares the historical Sharpe Ratios of VLED.DE and AMES.DE, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

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Sharpe Ratios by Period

VLED.DEAMES.DEDifference

Sharpe Ratio (1Y)

Calculated over the trailing 1-year period

0.57

2.01

-1.44

Sharpe Ratio (5Y)

Calculated over the trailing 5-year period

0.67

1.24

-0.57

Sharpe Ratio (10Y)

Calculated over the trailing 10-year period

—

0.61

—

Sharpe Ratio (All Time)

Calculated using the full available price history

0.58

0.46

+0.12

Correlation

The correlation between VLED.DE and AMES.DE is 0.58, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.

Dividends

VLED.DE vs. AMES.DE - Dividend Comparison

VLED.DE's dividend yield for the trailing twelve months is around 2.87%, while AMES.DE has not paid dividends to shareholders.

TTM20252024202320222021202020192018
VLED.DE
BNP Paribas Easy ESG Low Volatility Europe UCITS ETF		2.87%2.94%2.30%2.02%2.83%1.82%2.68%3.20%3.74%
AMES.DE
Amundi ETF MSCI Spain UCITS ETF EUR		0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%

Drawdowns

VLED.DE vs. AMES.DE - Drawdown Comparison

The maximum VLED.DE drawdown since its inception was -32.22%, smaller than the maximum AMES.DE drawdown of -40.98%. Use the drawdown chart below to compare losses from any high point for VLED.DE and AMES.DE.

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Drawdown Indicators

VLED.DEAMES.DEDifference

Max Drawdown

Largest peak-to-trough decline

-32.22%

-40.98%

+8.76%

Max Drawdown (1Y)

Largest decline over 1 year

-10.23%

-11.80%

+1.57%

Max Drawdown (5Y)

Largest decline over 5 years

-19.88%

-17.77%

-2.11%

Max Drawdown (10Y)

Largest decline over 10 years

—

-40.98%

—

Current Drawdown

Current decline from peak

-6.87%

-5.03%

-1.84%

Average Drawdown

Average peak-to-trough decline

-5.05%

-9.86%

+4.81%

Ulcer Index

Depth and duration of drawdowns from previous peaks

3.55%

2.96%

+0.59%

Volatility

VLED.DE vs. AMES.DE - Volatility Comparison

The current volatility for BNP Paribas Easy ESG Low Volatility Europe UCITS ETF (VLED.DE) is 5.19%, while Amundi ETF MSCI Spain UCITS ETF EUR (AMES.DE) has a volatility of 7.07%. This indicates that VLED.DE experiences smaller price fluctuations and is considered to be less risky than AMES.DE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

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Volatility by Period

VLED.DEAMES.DEDifference

Volatility (1M)

Calculated over the trailing 1-month period

5.19%

7.07%

-1.88%

Volatility (6M)

Calculated over the trailing 6-month period

8.19%

12.15%

-3.96%

Volatility (1Y)

Calculated over the trailing 1-year period

13.64%

18.06%

-4.42%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

12.10%

17.81%

-5.71%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

13.46%

20.95%

-7.49%