XSOE.DE vs. AE5A.DE
XSOE.DE (WisdomTree Emerging Markets ex-State-Owned Enterprises UCITS ETF) and AE5A.DE (Amundi Core MSCI Emerging Markets Swap UCITS ETF Dist) are both Emerging Markets Equities funds - XSOE.DE tracks the WisdomTree Emerging Markets ex-State-Owned Enterprises ESG Screened while AE5A.DE tracks the MSCI Emerging Markets Index. Both are passively managed. Over the past 3 years, XSOE.DE returned 18.45%/yr vs 20.90%/yr for AE5A.DE. Their correlation of 0.94 suggests significant overlap in exposure. XSOE.DE charges 0.32%/yr vs 0.14%/yr for AE5A.DE.
Performance
XSOE.DE vs. AE5A.DE - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, XSOE.DE achieves a 24.59% return, which is significantly lower than AE5A.DE's 27.41% return.
XSOE.DE
- 1D
- -1.43%
- 1M
- 3.69%
- YTD
- 24.59%
- 6M
- 25.63%
- 1Y
- 45.75%
- 3Y*
- 18.45%
- 5Y*
- —
- 10Y*
- —
AE5A.DE
- 1D
- -1.54%
- 1M
- 3.57%
- YTD
- 27.41%
- 6M
- 28.14%
- 1Y
- 48.94%
- 3Y*
- 20.90%
- 5Y*
- 8.49%
- 10Y*
- 9.98%
XSOE.DE vs. AE5A.DE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|---|---|
XSOE.DE WisdomTree Emerging Markets ex-State-Owned Enterprises UCITS ETF | 24.59% | 16.93% | 10.26% | 6.05% | -19.00% | 3.24% |
AE5A.DE Amundi Core MSCI Emerging Markets Swap UCITS ETF Dist | 27.41% | 19.26% | 14.36% | 5.58% | -14.19% | 2.31% |
Correlation
The correlation between XSOE.DE and AE5A.DE is 0.94, indicating a strong positive relationship between their price movements. Combining them offers limited diversification - they tend to fall together during downturns.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.94 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.95 |
Correlation (All Time) Calculated using the full available price history since Aug 24, 2021 | 0.94 |
The correlation between XSOE.DE and AE5A.DE has been stable across timeframes, ranging from 0.94 to 0.95 - 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
XSOE.DE vs. AE5A.DE — Risk / Return Rank
XSOE.DE
AE5A.DE
XSOE.DE vs. AE5A.DE - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for WisdomTree Emerging Markets ex-State-Owned Enterprises UCITS ETF (XSOE.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.
| XSOE.DE | AE5A.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.19 | ||
| Sortino ratioReturn per unit of downside risk | -0.22 | ||
| Omega ratioGain probability vs. loss probability | 1.47 | 1.50 | -0.03 |
| Calmar ratioReturn relative to maximum drawdown | 4.33 | 4.80 | -0.47 |
| Martin ratioReturn relative to average drawdown | 15.99 | 17.35 | -1.36 |
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
| XSOE.DE | AE5A.DE | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 2.60 | 2.79 | -0.19 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | — | 0.51 | — |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | — | 0.53 | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.44 | 0.42 | +0.02 |
Drawdowns
XSOE.DE vs. AE5A.DE - Drawdown Comparison
The maximum XSOE.DE drawdown since its inception was -27.69%, smaller than the maximum AE5A.DE drawdown of -36.16%. Use the drawdown chart below to compare losses from any high point for XSOE.DE and AE5A.DE.
Loading charts...
Drawdown Indicators
| XSOE.DE | AE5A.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -27.69% | -36.16% | +8.47% |
Max Drawdown (1Y)Largest decline over 1 year | -10.85% | -10.34% | -0.51% |
Max Drawdown (3Y)Largest decline over 3 years | -19.83% | -19.22% | -0.61% |
Max Drawdown (5Y)Largest decline over 5 years | — | -23.47% | — |
Max Drawdown (10Y)Largest decline over 10 years | — | -32.24% | — |
Current DrawdownCurrent decline from peak | -2.39% | -2.56% | +0.17% |
Average DrawdownAverage peak-to-trough decline | -12.90% | -9.72% | -3.18% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.94% | 2.87% | +0.07% |
Volatility
XSOE.DE vs. AE5A.DE - Volatility Comparison
WisdomTree Emerging Markets ex-State-Owned Enterprises UCITS ETF (XSOE.DE) and Amundi Core MSCI Emerging Markets Swap UCITS ETF Dist (AE5A.DE) have volatilities of 7.20% and 7.32%, 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
| XSOE.DE | AE5A.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 7.20% | 7.32% | -0.12% |
Volatility (6M)Calculated over the trailing 6-month period | 15.05% | 14.97% | +0.08% |
Volatility (1Y)Calculated over the trailing 1-year period | 18.10% | 17.82% | +0.28% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 17.27% | 17.23% | +0.04% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 17.27% | 19.05% | -1.78% |
XSOE.DE vs. AE5A.DE - Expense Ratio Comparison
XSOE.DE has a 0.32% expense ratio, which is higher than AE5A.DE's 0.14% expense ratio.
Dividends
XSOE.DE vs. AE5A.DE - Dividend Comparison
XSOE.DE has not paid dividends to shareholders, while AE5A.DE's dividend yield for the trailing twelve months is around 1.69%.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 |
|---|---|---|---|---|---|---|---|---|---|
AE5A.DE Amundi Core MSCI Emerging Markets Swap UCITS ETF Dist | 1.69% | 2.15% | 3.38% | 3.80% | 2.44% | 1.62% | 1.71% | 2.01% | 2.17% |
XSOE.DE WisdomTree Emerging Markets ex-State-Owned Enterprises UCITS ETF | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Frequently Asked Questions
With a correlation of 0.94, XSOE.DE and AE5A.DE move almost identically. Holding both adds very little diversification - you're essentially doubling your position in the same market segment. Choosing one is usually more capital-efficient.
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 0.32% for XSOE.DE.
XSOE.DE tracks WisdomTree Emerging Markets ex-State-Owned Enterprises ESG Screened, while AE5A.DE tracks MSCI Emerging Markets Index. They also come from different issuers: WisdomTree and Amundi. Their fees differ too: 0.32% for XSOE.DE and 0.14% for AE5A.DE.
Find the right allocation for XSOE.DE and AE5A.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