XIEE.DE vs. AMEL.DE
XIEE.DE (Xtrackers MSCI Europe UCITS ETF) and AMEL.DE (Amundi MSCI Emerging Markets Latin America UCITS ETF EUR) are both exchange-traded funds - XIEE.DE is a Europe Equities fund tracking the MSCI Europe, while AMEL.DE is a Latin America Equities fund tracking the MSCI Emerging Markets Latin America. Both are passively managed. Over the past 10 years, XIEE.DE returned 10.02%/yr vs 8.05%/yr for AMEL.DE. A 0.50 correlation means they provide meaningful diversification when combined. XIEE.DE charges 0.12%/yr vs 0.20%/yr for AMEL.DE.
Performance
XIEE.DE vs. AMEL.DE - Performance Comparison
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Returns By Period
In the year-to-date period, XIEE.DE achieves a 9.31% return, which is significantly lower than AMEL.DE's 13.84% return. Over the past 10 years, XIEE.DE has outperformed AMEL.DE with an annualized return of 10.02%, while AMEL.DE has yielded a comparatively lower 8.05% annualized return.
XIEE.DE
- 1D
- 1.84%
- 1M
- 4.98%
- YTD
- 9.31%
- 6M
- 11.06%
- 1Y
- 18.17%
- 3Y*
- 14.01%
- 5Y*
- 10.04%
- 10Y*
- 10.02%
AMEL.DE
- 1D
- 3.30%
- 1M
- -3.05%
- YTD
- 13.84%
- 6M
- 14.72%
- 1Y
- 37.57%
- 3Y*
- 10.30%
- 5Y*
- 10.14%
- 10Y*
- 8.05%
XIEE.DE vs. AMEL.DE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
XIEE.DE Xtrackers MSCI Europe UCITS ETF | 9.31% | 20.33% | 8.08% | 15.72% | -9.15% | 24.96% | -3.13% | 27.82% | -10.98% | 10.20% |
AMEL.DE Amundi MSCI Emerging Markets Latin America UCITS ETF EUR | 13.84% | 38.05% | -22.20% | 28.15% | 16.33% | -3.25% | -21.25% | 20.70% | -3.30% | 8.15% |
Correlation
The correlation between XIEE.DE and AMEL.DE is 0.46, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.46 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.46 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.46 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.47 |
Correlation (All Time) Calculated using the full available price history since Sep 30, 2015 | 0.50 |
The correlation between XIEE.DE and AMEL.DE has been stable across timeframes, ranging from 0.46 to 0.50 - a consistent structural relationship.
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Return for Risk
XIEE.DE vs. AMEL.DE — Risk / Return Rank
XIEE.DE
AMEL.DE
XIEE.DE vs. AMEL.DE - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Xtrackers MSCI Europe UCITS ETF (XIEE.DE) and Amundi MSCI Emerging Markets Latin America UCITS ETF EUR (AMEL.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.
| XIEE.DE | AMEL.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.68 | ||
| Sortino ratioReturn per unit of downside risk | -0.81 | ||
| Omega ratioGain probability vs. loss probability | 1.25 | 1.34 | -0.09 |
| Calmar ratioReturn relative to maximum drawdown | 1.80 | 2.84 | -1.04 |
| Martin ratioReturn relative to average drawdown | 7.32 | 9.36 | -2.04 |
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Drawdowns
XIEE.DE vs. AMEL.DE - Drawdown Comparison
The maximum XIEE.DE drawdown since its inception was -35.52%, smaller than the maximum AMEL.DE drawdown of -52.71%. Use the drawdown chart below to compare losses from any high point for XIEE.DE and AMEL.DE.
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Drawdown Indicators
| XIEE.DE | AMEL.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -35.52% | -52.71% | +17.19% |
Max Drawdown (1Y)Largest decline over 1 year | -10.03% | -13.17% | +3.14% |
Max Drawdown (3Y)Largest decline over 3 years | -16.52% | -25.37% | +8.85% |
Max Drawdown (5Y)Largest decline over 5 years | -19.30% | -25.37% | +6.07% |
Max Drawdown (10Y)Largest decline over 10 years | -35.52% | -51.33% | +15.81% |
Current DrawdownCurrent decline from peak | 0.00% | -8.43% | +8.43% |
Average DrawdownAverage peak-to-trough decline | -7.24% | -17.87% | +10.63% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.48% | 4.00% | -1.52% |
Volatility
XIEE.DE vs. AMEL.DE - Volatility Comparison
The current volatility for Xtrackers MSCI Europe UCITS ETF (XIEE.DE) is 4.10%, while Amundi MSCI Emerging Markets Latin America UCITS ETF EUR (AMEL.DE) has a volatility of 6.66%. This indicates that XIEE.DE experiences smaller price fluctuations and is considered to be less risky than AMEL.DE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| XIEE.DE | AMEL.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 4.10% | 6.66% | -2.56% |
Volatility (6M)Calculated over the trailing 6-month period | 11.65% | 15.86% | -4.21% |
Volatility (1Y)Calculated over the trailing 1-year period | 13.69% | 18.76% | -5.07% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 14.30% | 21.00% | -6.70% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 17.60% | 25.29% | -7.69% |
XIEE.DE vs. AMEL.DE - Expense Ratio Comparison
XIEE.DE has a 0.12% expense ratio, which is lower than AMEL.DE's 0.20% 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
XIEE.DE vs. AMEL.DE - Dividend Comparison
XIEE.DE's dividend yield for the trailing twelve months is around 2.39%, while AMEL.DE has not paid dividends to shareholders.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
AMEL.DE Amundi MSCI Emerging Markets Latin America UCITS ETF EUR | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
XIEE.DE Xtrackers MSCI Europe UCITS ETF | 2.39% | 2.49% | 3.26% | 2.85% | 5.70% | 1.50% | 3.74% | 0.30% | 3.19% | 0.92% | 0.09% |
Frequently Asked Questions
XIEE.DE and AMEL.DE have a correlation of 0.46, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, XIEE.DE is cheaper at 0.12% per year. The better choice depends on whether you care most about return, fees, risk, or income.
XIEE.DE is cheaper with a 0.12% expense ratio, compared with 0.20% for AMEL.DE.
XIEE.DE is categorized as Europe Equities, while AMEL.DE is Latin America Equities. XIEE.DE tracks MSCI Europe, while AMEL.DE tracks MSCI Emerging Markets Latin America. They also come from different issuers: Xtrackers and Amundi. Their fees differ too: 0.12% for XIEE.DE and 0.20% for AMEL.DE.
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