XMAW.DE vs. AMEL.DE
XMAW.DE (Xtrackers MSCI AC World ESG Screened UCITS ETF 1C) and AMEL.DE (Amundi MSCI Emerging Markets Latin America UCITS ETF EUR) are both exchange-traded funds - XMAW.DE is a Global Equities fund tracking the MSCI ACWI NR USD, 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, XMAW.DE returned 12.33%/yr vs 7.43%/yr for AMEL.DE. A 0.55 correlation means they provide meaningful diversification when combined. XMAW.DE charges 0.25%/yr vs 0.20%/yr for AMEL.DE.
Performance
XMAW.DE vs. AMEL.DE - Performance Comparison
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Returns By Period
In the year-to-date period, XMAW.DE achieves a 12.49% return, which is significantly higher than AMEL.DE's 10.83% return. Over the past 10 years, XMAW.DE has outperformed AMEL.DE with an annualized return of 12.33%, while AMEL.DE has yielded a comparatively lower 7.43% annualized return.
XMAW.DE
- 1D
- -0.19%
- 1M
- 3.99%
- YTD
- 12.49%
- 6M
- 12.66%
- 1Y
- 26.81%
- 3Y*
- 18.18%
- 5Y*
- 12.21%
- 10Y*
- 12.33%
AMEL.DE
- 1D
- -0.86%
- 1M
- -7.35%
- YTD
- 10.83%
- 6M
- 10.61%
- 1Y
- 34.11%
- 3Y*
- 10.77%
- 5Y*
- 9.48%
- 10Y*
- 7.43%
XMAW.DE vs. AMEL.DE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
XMAW.DE Xtrackers MSCI AC World ESG Screened UCITS ETF 1C | 12.49% | 8.98% | 25.39% | 19.46% | -15.01% | 28.71% | 5.50% | 30.15% | -6.20% | 9.14% |
AMEL.DE Amundi MSCI Emerging Markets Latin America UCITS ETF EUR | 10.83% | 38.06% | -22.22% | 28.09% | 16.34% | -3.21% | -21.29% | 20.69% | -3.27% | 8.15% |
Correlation
The correlation between XMAW.DE and AMEL.DE is 0.49, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.49 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.45 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.46 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.53 |
Correlation (All Time) Calculated using the full available price history since Mar 6, 2014 | 0.55 |
The correlation between XMAW.DE and AMEL.DE has been stable across timeframes, ranging from 0.45 to 0.55 - a consistent structural relationship.
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Return for Risk
XMAW.DE vs. AMEL.DE — Risk / Return Rank
XMAW.DE
AMEL.DE
XMAW.DE vs. AMEL.DE - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Xtrackers MSCI AC World ESG Screened UCITS ETF 1C (XMAW.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.
| XMAW.DE | AMEL.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.32 | ||
| Sortino ratioReturn per unit of downside risk | +0.51 | ||
| Omega ratioGain probability vs. loss probability | 1.41 | 1.33 | +0.09 |
| Calmar ratioReturn relative to maximum drawdown | 3.68 | 3.16 | +0.52 |
| Martin ratioReturn relative to average drawdown | 14.79 | 9.66 | +5.13 |
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
| XMAW.DE | AMEL.DE | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 2.22 | 1.90 | +0.32 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.84 | 0.45 | +0.40 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.80 | 0.29 | +0.51 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.77 | 0.12 | +0.65 |
Drawdowns
XMAW.DE vs. AMEL.DE - Drawdown Comparison
The maximum XMAW.DE drawdown since its inception was -33.49%, smaller than the maximum AMEL.DE drawdown of -52.69%. Use the drawdown chart below to compare losses from any high point for XMAW.DE and AMEL.DE.
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Drawdown Indicators
| XMAW.DE | AMEL.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -33.49% | -52.69% | +19.20% |
Max Drawdown (1Y)Largest decline over 1 year | -7.30% | -10.86% | +3.56% |
Max Drawdown (3Y)Largest decline over 3 years | -22.10% | -25.38% | +3.28% |
Max Drawdown (5Y)Largest decline over 5 years | -22.10% | -25.38% | +3.28% |
Max Drawdown (10Y)Largest decline over 10 years | -33.49% | -51.31% | +17.82% |
Current DrawdownCurrent decline from peak | -0.67% | -10.86% | +10.19% |
Average DrawdownAverage peak-to-trough decline | -4.90% | -17.89% | +12.99% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.82% | 3.57% | -1.75% |
Volatility
XMAW.DE vs. AMEL.DE - Volatility Comparison
The current volatility for Xtrackers MSCI AC World ESG Screened UCITS ETF 1C (XMAW.DE) is 3.16%, while Amundi MSCI Emerging Markets Latin America UCITS ETF EUR (AMEL.DE) has a volatility of 5.32%. This indicates that XMAW.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
| XMAW.DE | AMEL.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 3.16% | 5.32% | -2.16% |
Volatility (6M)Calculated over the trailing 6-month period | 8.70% | 15.30% | -6.60% |
Volatility (1Y)Calculated over the trailing 1-year period | 12.11% | 18.10% | -5.99% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 14.30% | 20.90% | -6.60% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 15.23% | 25.27% | -10.04% |
XMAW.DE vs. AMEL.DE - Expense Ratio Comparison
XMAW.DE has a 0.25% expense ratio, which is higher than AMEL.DE's 0.20% expense ratio. However, both funds are considered low-cost compared to the broader market, where average expense ratios usually range from 0.3% to 0.9%.
Dividends
XMAW.DE vs. AMEL.DE - Dividend Comparison
Neither XMAW.DE nor AMEL.DE has paid dividends to shareholders.
Frequently Asked Questions
XMAW.DE and AMEL.DE have a correlation of 0.49, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, AMEL.DE is cheaper at 0.20% per year. The better choice depends on whether you care most about return, fees, risk, or income.
AMEL.DE is cheaper with a 0.20% expense ratio, compared with 0.25% for XMAW.DE.
XMAW.DE is categorized as Global Equities, while AMEL.DE is Latin America Equities. XMAW.DE tracks MSCI ACWI NR USD, while AMEL.DE tracks MSCI Emerging Markets Latin America. They also come from different issuers: Xtrackers and Amundi. Their fees differ too: 0.25% for XMAW.DE and 0.20% for AMEL.DE.
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