XECT.DE vs. AMES.DE
XECT.DE (Xtrackers MSCI Europe Climate Transition UCITS ETF 1C) and AMES.DE (Amundi ETF MSCI Spain UCITS ETF EUR) are both Europe Equities funds - XECT.DE tracks the MSCI Europe NR EUR while AMES.DE tracks the MSCI Spain. Both are passively managed. Over the past 3 years, XECT.DE returned 11.71%/yr vs 29.52%/yr for AMES.DE. A 0.70 correlation means they provide meaningful diversification when combined. XECT.DE charges 0.12%/yr vs 0.25%/yr for AMES.DE.
Performance
XECT.DE vs. AMES.DE - Performance Comparison
Loading charts...
Returns By Period
The year-to-date returns for both stocks are quite close, with XECT.DE having a 6.46% return and AMES.DE slightly lower at 6.45%.
XECT.DE
- 1D
- -0.56%
- 1M
- 4.21%
- YTD
- 6.46%
- 6M
- 9.40%
- 1Y
- 14.72%
- 3Y*
- 11.71%
- 5Y*
- —
- 10Y*
- —
AMES.DE
- 1D
- -0.49%
- 1M
- 5.09%
- YTD
- 6.45%
- 6M
- 11.26%
- 1Y
- 33.03%
- 3Y*
- 29.52%
- 5Y*
- 19.09%
- 10Y*
- 11.02%
XECT.DE vs. AMES.DE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | |
|---|---|---|---|---|
XECT.DE Xtrackers MSCI Europe Climate Transition UCITS ETF 1C | 6.46% | 16.87% | 7.18% | 7.63% |
AMES.DE Amundi ETF MSCI Spain UCITS ETF EUR | 6.45% | 55.41% | 19.00% | 10.43% |
Correlation
The correlation between XECT.DE and AMES.DE is 0.77, 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 | 0.77 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.71 |
Correlation (All Time) Calculated using the full available price history since Mar 10, 2023 | 0.71 |
The correlation between XECT.DE and AMES.DE has been stable across timeframes, ranging from 0.70 to 0.77 - 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
XECT.DE vs. AMES.DE — Risk / Return Rank
XECT.DE
AMES.DE
XECT.DE vs. AMES.DE - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Xtrackers MSCI Europe Climate Transition UCITS ETF 1C (XECT.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.
| XECT.DE | AMES.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.92 | ||
| Sortino ratioReturn per unit of downside risk | -1.19 | ||
| Omega ratioGain probability vs. loss probability | 1.21 | 1.36 | -0.16 |
| Calmar ratioReturn relative to maximum drawdown | 1.31 | 3.30 | -2.00 |
| Martin ratioReturn relative to average drawdown | 4.80 | 11.47 | -6.67 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
Loading charts...
Sharpe Ratios by Period
| XECT.DE | AMES.DE | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.08 | 2.00 | -0.92 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | — | 1.20 | — |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | — | 0.62 | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.90 | 0.48 | +0.43 |
Drawdowns
XECT.DE vs. AMES.DE - Drawdown Comparison
The maximum XECT.DE drawdown since its inception was -16.63%, smaller than the maximum AMES.DE drawdown of -40.98%. Use the drawdown chart below to compare losses from any high point for XECT.DE and AMES.DE.
Loading charts...
Drawdown Indicators
| XECT.DE | AMES.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -16.63% | -40.98% | +24.35% |
Max Drawdown (1Y)Largest decline over 1 year | -11.20% | -9.95% | -1.25% |
Max Drawdown (3Y)Largest decline over 3 years | -16.63% | -12.58% | -4.05% |
Max Drawdown (5Y)Largest decline over 5 years | — | -17.77% | — |
Max Drawdown (10Y)Largest decline over 10 years | — | -40.98% | — |
Current DrawdownCurrent decline from peak | -2.31% | -1.03% | -1.28% |
Average DrawdownAverage peak-to-trough decline | -2.28% | -9.76% | +7.48% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 3.06% | 2.87% | +0.19% |
Volatility
XECT.DE vs. AMES.DE - Volatility Comparison
Xtrackers MSCI Europe Climate Transition UCITS ETF 1C (XECT.DE) and Amundi ETF MSCI Spain UCITS ETF EUR (AMES.DE) have volatilities of 5.02% and 5.13%, 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.
Loading charts...
Volatility by Period
| XECT.DE | AMES.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 5.02% | 5.13% | -0.11% |
Volatility (6M)Calculated over the trailing 6-month period | 11.30% | 13.64% | -2.34% |
Volatility (1Y)Calculated over the trailing 1-year period | 13.52% | 16.45% | -2.93% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 13.06% | 18.01% | -4.95% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 13.06% | 20.83% | -7.77% |
XECT.DE vs. AMES.DE - Expense Ratio Comparison
XECT.DE has a 0.12% 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
XECT.DE vs. AMES.DE - Dividend Comparison
Neither XECT.DE nor AMES.DE has paid dividends to shareholders.
Frequently Asked Questions
XECT.DE and AMES.DE have a correlation of 0.77, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, XECT.DE is cheaper at 0.12% per year. The better choice depends on whether you care most about return, fees, risk, or income.
XECT.DE is cheaper with a 0.12% expense ratio, compared with 0.25% for AMES.DE.
XECT.DE tracks MSCI Europe NR EUR, while AMES.DE tracks MSCI Spain. They also come from different issuers: DWS and Amundi. Their fees differ too: 0.12% for XECT.DE and 0.25% for AMES.DE.
Find the right allocation for XECT.DE and AMES.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