WEXU.DE vs. AMEC.DE
WEXU.DE (Amundi MSCI World Ex USA UCITS ETF (Acc)) and AMEC.DE (Amundi Index Smart City UCITS ETF) are both Global Equities funds from Amundi - WEXU.DE tracks the MSCI World ex USA Index while AMEC.DE tracks the Solactive Smart City. Both are passively managed. Over the past year, WEXU.DE returned 22.91% vs 36.83% for AMEC.DE. A 0.66 correlation means they provide meaningful diversification when combined. WEXU.DE charges 0.15%/yr vs 0.35%/yr for AMEC.DE.
Performance
WEXU.DE vs. AMEC.DE - Performance Comparison
Loading charts...
Different Trading Currencies
WEXU.DE is traded in USD, while AMEC.DE is traded in EUR. To make them comparable, the AMEC.DE values have been converted to USD using the latest available exchange rates.
Returns By Period
In the year-to-date period, WEXU.DE achieves a 10.81% return, which is significantly lower than AMEC.DE's 25.90% return.
WEXU.DE
- 1D
- 0.58%
- 1M
- 1.99%
- 6M
- 10.54%
- YTD
- 10.81%
- 1Y
- 22.91%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
AMEC.DE
- 1D
- 0.71%
- 1M
- -3.65%
- 6M
- 26.37%
- YTD
- 25.90%
- 1Y
- 36.83%
- 3Y*
- 18.48%
- 5Y*
- 5.04%
- 10Y*
- —
WEXU.DE vs. AMEC.DE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | |
|---|---|---|---|
WEXU.DE Amundi MSCI World Ex USA UCITS ETF (Acc) | 10.81% | 32.45% | -3.68% |
AMEC.DE Amundi Index Smart City UCITS ETF | 25.90% | 23.78% | 6.62% |
Correlation
The correlation between WEXU.DE and AMEC.DE is 0.66, 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 | 0.66 |
Correlation (All Time) Calculated using the full available price history since Sep 9, 2024 | 0.66 |
The correlation between WEXU.DE and AMEC.DE has been stable across timeframes, ranging from 0.66 to 0.66 - a consistent structural relationship.
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Return for Risk
WEXU.DE vs. AMEC.DE — Risk / Return Rank
WEXU.DE
AMEC.DE
WEXU.DE vs. AMEC.DE - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Amundi MSCI World Ex USA UCITS ETF (Acc) (WEXU.DE) and Amundi Index Smart City UCITS ETF (AMEC.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.
| WEXU.DE | AMEC.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.22 | ||
| Sortino ratioReturn per unit of downside risk | -0.10 | ||
| Omega ratioGain probability vs. loss probability | 1.30 | 1.32 | -0.02 |
| Calmar ratioReturn relative to maximum drawdown | 2.20 | 3.37 | -1.17 |
| Martin ratioReturn relative to average drawdown | 8.00 | 10.97 | -2.97 |
Loading charts...
Drawdowns
WEXU.DE vs. AMEC.DE - Drawdown Comparison
The maximum WEXU.DE drawdown since its inception was -13.56%, smaller than the maximum AMEC.DE drawdown of -37.88%. Use the drawdown chart below to compare losses from any high point for WEXU.DE and AMEC.DE.
Loading charts...
Drawdown Indicators
| WEXU.DE | AMEC.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -13.56% | -37.88% | +24.32% |
Max Drawdown (1Y)Largest decline over 1 year | -10.47% | -10.88% | +0.41% |
Max Drawdown (3Y)Largest decline over 3 years | — | -21.39% | — |
Max Drawdown (5Y)Largest decline over 5 years | — | -35.66% | — |
Current DrawdownCurrent decline from peak | -0.22% | -4.10% | +3.88% |
Average DrawdownAverage peak-to-trough decline | -2.52% | -16.11% | +13.59% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.87% | 3.35% | -0.48% |
Volatility
WEXU.DE vs. AMEC.DE - Volatility Comparison
The current volatility for Amundi MSCI World Ex USA UCITS ETF (Acc) (WEXU.DE) is 4.21%, while Amundi Index Smart City UCITS ETF (AMEC.DE) has a volatility of 8.10%. This indicates that WEXU.DE experiences smaller price fluctuations and is considered to be less risky than AMEC.DE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| WEXU.DE | AMEC.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 4.21% | 8.10% | -3.89% |
Volatility (6M)Calculated over the trailing 6-month period | 12.12% | 15.76% | -3.64% |
Volatility (1Y)Calculated over the trailing 1-year period | 13.98% | 19.64% | -5.66% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 15.07% | 19.24% | -4.17% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 15.07% | 20.59% | -5.52% |
WEXU.DE vs. AMEC.DE - Expense Ratio Comparison
WEXU.DE has a 0.15% expense ratio, which is lower than AMEC.DE's 0.35% expense ratio.
Dividends
WEXU.DE vs. AMEC.DE - Dividend Comparison
Neither WEXU.DE nor AMEC.DE has paid dividends to shareholders.
Frequently Asked Questions
WEXU.DE and AMEC.DE have a correlation of 0.66, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, WEXU.DE is cheaper at 0.15% per year. The better choice depends on whether you care most about return, fees, risk, or income.
WEXU.DE is cheaper with a 0.15% expense ratio, compared with 0.35% for AMEC.DE.
WEXU.DE tracks MSCI World ex USA Index, while AMEC.DE tracks Solactive Smart City. Their fees differ too: 0.15% for WEXU.DE and 0.35% for AMEC.DE.
Find the right allocation for WEXU.DE and AMEC.DE
Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Optimizer