XMKA.DE vs. AE5A.DE
XMKA.DE (Xtrackers MSCI Africa Top 50 Swap UCITS ETF (Acc)) and AE5A.DE (Amundi Core MSCI Emerging Markets Swap UCITS ETF Dist) are both Emerging Markets Equities funds - XMKA.DE tracks the MSCI EFM Africa Top 50 Capped Index while AE5A.DE tracks the MSCI Emerging Markets Index. Both are passively managed. Over the past 3 years, XMKA.DE returned 15.85%/yr vs 19.74%/yr for AE5A.DE. At a 0.46 correlation, their price movements are largely independent. XMKA.DE charges 0.65%/yr vs 0.14%/yr for AE5A.DE.
Performance
XMKA.DE vs. AE5A.DE - Performance Comparison
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Returns By Period
In the year-to-date period, XMKA.DE achieves a 0.44% return, which is significantly lower than AE5A.DE's 24.89% return.
XMKA.DE
- 1D
- 0.77%
- 1M
- 2.33%
- 6M
- -1.39%
- YTD
- 0.44%
- 1Y
- 18.36%
- 3Y*
- 15.85%
- 5Y*
- 6.25%
- 10Y*
- 3.73%
AE5A.DE
- 1D
- 0.00%
- 1M
- -3.48%
- 6M
- 22.41%
- YTD
- 24.89%
- 1Y
- 42.78%
- 3Y*
- 19.74%
- 5Y*
- —
- 10Y*
- —
XMKA.DE vs. AE5A.DE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | |
|---|---|---|---|---|
XMKA.DE Xtrackers MSCI Africa Top 50 Swap UCITS ETF (Acc) | 0.44% | 36.20% | 10.13% | 2.68% |
AE5A.DE Amundi Core MSCI Emerging Markets Swap UCITS ETF Dist | 24.89% | 19.26% | 14.36% | 4.85% |
Correlation
The correlation between XMKA.DE and AE5A.DE is 0.48, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.48 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.46 |
Correlation (All Time) Calculated using the full available price history since Mar 24, 2023 | 0.46 |
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Return for Risk
XMKA.DE vs. AE5A.DE — Risk / Return Rank
XMKA.DE
AE5A.DE
XMKA.DE vs. AE5A.DE - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Xtrackers MSCI Africa Top 50 Swap UCITS ETF (Acc) (XMKA.DE) and Amundi Core MSCI Emerging Markets Swap UCITS ETF Dist (AE5A.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.
| XMKA.DE | AE5A.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -1.27 | ||
| Sortino ratioReturn per unit of downside risk | -1.50 | ||
| Omega ratioGain probability vs. loss probability | 1.18 | 1.40 | -0.22 |
| Calmar ratioReturn relative to maximum drawdown | 1.13 | 4.15 | -3.03 |
| Martin ratioReturn relative to average drawdown | 2.77 | 13.73 | -10.96 |
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Drawdowns
XMKA.DE vs. AE5A.DE - Drawdown Comparison
The maximum XMKA.DE drawdown since its inception was -51.47%, which is greater than AE5A.DE's maximum drawdown of -19.22%. Use the drawdown chart below to compare losses from any high point for XMKA.DE and AE5A.DE.
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Drawdown Indicators
| XMKA.DE | AE5A.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -51.47% | -19.22% | -32.25% |
Max Drawdown (1Y)Largest decline over 1 year | -16.24% | -10.34% | -5.90% |
Max Drawdown (3Y)Largest decline over 3 years | -16.24% | -19.22% | +2.98% |
Max Drawdown (5Y)Largest decline over 5 years | -26.58% | — | — |
Max Drawdown (10Y)Largest decline over 10 years | -47.21% | — | — |
Current DrawdownCurrent decline from peak | -9.25% | -6.95% | -2.30% |
Average DrawdownAverage peak-to-trough decline | -22.03% | -3.05% | -18.98% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 6.62% | 3.13% | +3.49% |
Volatility
XMKA.DE vs. AE5A.DE - Volatility Comparison
The current volatility for Xtrackers MSCI Africa Top 50 Swap UCITS ETF (Acc) (XMKA.DE) is 6.54%, while Amundi Core MSCI Emerging Markets Swap UCITS ETF Dist (AE5A.DE) has a volatility of 9.06%. This indicates that XMKA.DE experiences smaller price fluctuations and is considered to be less risky than AE5A.DE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| XMKA.DE | AE5A.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 6.54% | 9.06% | -2.52% |
Volatility (6M)Calculated over the trailing 6-month period | 17.08% | 17.07% | +0.01% |
Volatility (1Y)Calculated over the trailing 1-year period | 19.98% | 19.66% | +0.32% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 20.07% | 16.46% | +3.61% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 21.71% | 16.46% | +5.25% |
XMKA.DE vs. AE5A.DE - Expense Ratio Comparison
XMKA.DE has a 0.65% expense ratio, which is higher than AE5A.DE's 0.14% expense ratio.
Dividends
XMKA.DE vs. AE5A.DE - Dividend Comparison
XMKA.DE has not paid dividends to shareholders, while AE5A.DE's dividend yield for the trailing twelve months is around 1.72%.
| Position | TTM | 2025 | 2024 | 2023 |
|---|---|---|---|---|
AE5A.DE Amundi Core MSCI Emerging Markets Swap UCITS ETF Dist | 1.72% | 2.15% | 3.38% | 3.80% |
XMKA.DE Xtrackers MSCI Africa Top 50 Swap UCITS ETF (Acc) | 0.00% | 0.00% | 0.00% | 0.00% |
Frequently Asked Questions
XMKA.DE and AE5A.DE have a correlation of 0.48, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, AE5A.DE is cheaper at 0.14% per year. The better choice depends on whether you care most about return, fees, risk, or income.
AE5A.DE is cheaper with a 0.14% expense ratio, compared with 0.65% for XMKA.DE.
XMKA.DE tracks MSCI EFM Africa Top 50 Capped Index, while AE5A.DE tracks MSCI Emerging Markets Index. They also come from different issuers: Xtrackers and Amundi. Their fees differ too: 0.65% for XMKA.DE and 0.14% for AE5A.DE.
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