XG12.DE vs. AMEC.DE
XG12.DE (Xtrackers MSCI Global SDG 12 Circular Economy UCITS ETF 1C) and AMEC.DE (Amundi Index Smart City UCITS ETF) are both Global Equities funds - XG12.DE tracks the MSCI ACWI IMI SDG 12 Responsible Consumption and Production Select while AMEC.DE tracks the Solactive Smart City. Both are passively managed. Over the past 3 years, XG12.DE returned 12.73%/yr vs 17.35%/yr for AMEC.DE. A 0.77 correlation means they provide meaningful diversification when combined. Both charge a 0.35% expense ratio.
Performance
XG12.DE vs. AMEC.DE - Performance Comparison
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Returns By Period
In the year-to-date period, XG12.DE achieves a 39.92% return, which is significantly higher than AMEC.DE's 30.58% return.
XG12.DE
- 1D
- -0.39%
- 1M
- 10.62%
- YTD
- 39.92%
- 6M
- 38.31%
- 1Y
- 54.12%
- 3Y*
- 12.73%
- 5Y*
- —
- 10Y*
- —
AMEC.DE
- 1D
- -1.34%
- 1M
- 10.78%
- YTD
- 30.58%
- 6M
- 29.29%
- 1Y
- 46.14%
- 3Y*
- 17.35%
- 5Y*
- 6.68%
- 10Y*
- —
XG12.DE vs. AMEC.DE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | |
|---|---|---|---|---|---|
XG12.DE Xtrackers MSCI Global SDG 12 Circular Economy UCITS ETF 1C | 39.92% | 8.69% | -4.44% | -8.34% | -5.33% |
AMEC.DE Amundi Index Smart City UCITS ETF | 30.58% | 9.65% | 16.27% | 1.43% | -4.95% |
Correlation
The correlation between XG12.DE and AMEC.DE is 0.79, 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 | 0.79 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.78 |
Correlation (All Time) Calculated using the full available price history since Dec 14, 2022 | 0.77 |
The correlation between XG12.DE and AMEC.DE has been stable across timeframes, ranging from 0.77 to 0.79 - a consistent structural relationship.
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Return for Risk
XG12.DE vs. AMEC.DE — Risk / Return Rank
XG12.DE
AMEC.DE
XG12.DE vs. AMEC.DE - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Xtrackers MSCI Global SDG 12 Circular Economy UCITS ETF 1C (XG12.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.
| XG12.DE | AMEC.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.68 | ||
| Sortino ratioReturn per unit of downside risk | +0.92 | ||
| Omega ratioGain probability vs. loss probability | 1.59 | 1.45 | +0.14 |
| Calmar ratioReturn relative to maximum drawdown | 7.95 | 5.09 | +2.86 |
| Martin ratioReturn relative to average drawdown | 25.46 | 16.11 | +9.34 |
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
| XG12.DE | AMEC.DE | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 3.33 | 2.65 | +0.68 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | — | 0.38 | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.39 | 0.44 | -0.04 |
Drawdowns
XG12.DE vs. AMEC.DE - Drawdown Comparison
The maximum XG12.DE drawdown since its inception was -32.01%, smaller than the maximum AMEC.DE drawdown of -35.49%. Use the drawdown chart below to compare losses from any high point for XG12.DE and AMEC.DE.
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Drawdown Indicators
| XG12.DE | AMEC.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -32.01% | -35.49% | +3.48% |
Max Drawdown (1Y)Largest decline over 1 year | -6.77% | -9.02% | +2.25% |
Max Drawdown (3Y)Largest decline over 3 years | -24.98% | -24.98% | 0.00% |
Max Drawdown (5Y)Largest decline over 5 years | — | -27.33% | — |
Current DrawdownCurrent decline from peak | -1.67% | -1.34% | -0.33% |
Average DrawdownAverage peak-to-trough decline | -14.28% | -11.50% | -2.78% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.12% | 2.86% | -0.74% |
Volatility
XG12.DE vs. AMEC.DE - Volatility Comparison
Xtrackers MSCI Global SDG 12 Circular Economy UCITS ETF 1C (XG12.DE) and Amundi Index Smart City UCITS ETF (AMEC.DE) have volatilities of 6.86% and 6.73%, 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.
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Volatility by Period
| XG12.DE | AMEC.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 6.86% | 6.73% | +0.13% |
Volatility (6M)Calculated over the trailing 6-month period | 12.62% | 13.09% | -0.47% |
Volatility (1Y)Calculated over the trailing 1-year period | 16.18% | 17.36% | -1.18% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 17.44% | 17.51% | -0.07% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 17.44% | 19.22% | -1.78% |
XG12.DE vs. AMEC.DE - Expense Ratio Comparison
Both XG12.DE and AMEC.DE have an expense ratio of 0.35%.
Dividends
XG12.DE vs. AMEC.DE - Dividend Comparison
Neither XG12.DE nor AMEC.DE has paid dividends to shareholders.
Frequently Asked Questions
XG12.DE and AMEC.DE have a correlation of 0.79, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
Both ETFs have the same 0.35% expense ratio. The better choice depends on whether you care most about return, fees, risk, or income.
XG12.DE and AMEC.DE have the same expense ratio: 0.35% per year.
XG12.DE tracks MSCI ACWI IMI SDG 12 Responsible Consumption and Production Select, while AMEC.DE tracks Solactive Smart City. They also come from different issuers: Xtrackers and Amundi.
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