2B7S.DE vs. MWOE.DE
2B7S.DE (iShares $ Treasury Bond 1-3yr UCITS ETF EUR Hedged Acc) and MWOE.DE (Amundi MSCI World UCITS ETF - USD Dist) are both exchange-traded funds - 2B7S.DE is a Government Bonds fund tracking the ICE US Treasury 1-3 Year (EUR Hedged) Index, while MWOE.DE is a Global Equities fund tracking the MSCI World. Both are passively managed. Over the past 3 years, 2B7S.DE returned 2.41%/yr vs 17.43%/yr for MWOE.DE. At a correlation of -0.07, they often move in opposite directions. 2B7S.DE charges 0.10%/yr vs 0.12%/yr for MWOE.DE.
Performance
2B7S.DE vs. MWOE.DE - Performance Comparison
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Returns By Period
In the year-to-date period, 2B7S.DE achieves a -0.20% return, which is significantly lower than MWOE.DE's 10.64% return.
2B7S.DE
- 1D
- 0.20%
- 1M
- 0.20%
- YTD
- -0.20%
- 6M
- 0.00%
- 1Y
- 1.20%
- 3Y*
- 2.41%
- 5Y*
- 0.00%
- 10Y*
- —
MWOE.DE
- 1D
- -0.02%
- 1M
- 2.89%
- YTD
- 10.64%
- 6M
- 12.21%
- 1Y
- 24.17%
- 3Y*
- 17.43%
- 5Y*
- —
- 10Y*
- —
2B7S.DE vs. MWOE.DE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | |
|---|---|---|---|---|---|
2B7S.DE iShares $ Treasury Bond 1-3yr UCITS ETF EUR Hedged Acc | -0.20% | 3.04% | 2.49% | 1.90% | -2.27% |
MWOE.DE Amundi MSCI World UCITS ETF - USD Dist | 10.64% | 7.87% | 25.72% | 19.87% | -0.40% |
Correlation
The correlation between 2B7S.DE and MWOE.DE is -0.03, meaning there is essentially no relationship between their price movements. Each responds to its own set of market drivers, making them strong candidates for combining in a diversified portfolio.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | -0.03 |
Correlation (3Y) Calculated over the trailing 3-year period | -0.09 |
Correlation (All Time) Calculated using the full available price history since Jul 5, 2022 | -0.07 |
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Return for Risk
2B7S.DE vs. MWOE.DE — Risk / Return Rank
2B7S.DE
MWOE.DE
2B7S.DE vs. MWOE.DE - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for iShares $ Treasury Bond 1-3yr UCITS ETF EUR Hedged Acc (2B7S.DE) and Amundi MSCI World UCITS ETF - USD Dist (MWOE.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.
| 2B7S.DE | MWOE.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -1.65 | ||
| Sortino ratioReturn per unit of downside risk | -2.26 | ||
| Omega ratioGain probability vs. loss probability | 1.11 | 1.40 | -0.29 |
| Calmar ratioReturn relative to maximum drawdown | 1.22 | 3.49 | -2.28 |
| Martin ratioReturn relative to average drawdown | 3.28 | 13.79 | -10.51 |
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Drawdowns
2B7S.DE vs. MWOE.DE - Drawdown Comparison
The maximum 2B7S.DE drawdown since its inception was -7.68%, smaller than the maximum MWOE.DE drawdown of -21.83%. Use the drawdown chart below to compare losses from any high point for 2B7S.DE and MWOE.DE.
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Drawdown Indicators
| 2B7S.DE | MWOE.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -7.68% | -21.83% | +14.15% |
Max Drawdown (1Y)Largest decline over 1 year | -0.98% | -6.74% | +5.76% |
Max Drawdown (3Y)Largest decline over 3 years | -1.03% | -21.83% | +20.80% |
Max Drawdown (5Y)Largest decline over 5 years | -7.68% | — | — |
Current DrawdownCurrent decline from peak | -0.59% | -0.33% | -0.26% |
Average DrawdownAverage peak-to-trough decline | -3.28% | -3.61% | +0.33% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 0.36% | 1.71% | -1.35% |
Volatility
2B7S.DE vs. MWOE.DE - Volatility Comparison
The current volatility for iShares $ Treasury Bond 1-3yr UCITS ETF EUR Hedged Acc (2B7S.DE) is 0.81%, while Amundi MSCI World UCITS ETF - USD Dist (MWOE.DE) has a volatility of 2.63%. This indicates that 2B7S.DE experiences smaller price fluctuations and is considered to be less risky than MWOE.DE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| 2B7S.DE | MWOE.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 0.81% | 2.63% | -1.82% |
Volatility (6M)Calculated over the trailing 6-month period | 2.01% | 7.67% | -5.66% |
Volatility (1Y)Calculated over the trailing 1-year period | 2.50% | 11.08% | -8.58% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 2.50% | 13.41% | -10.91% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 2.45% | 13.41% | -10.96% |
2B7S.DE vs. MWOE.DE - Expense Ratio Comparison
2B7S.DE has a 0.10% expense ratio, which is lower than MWOE.DE's 0.12% 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
2B7S.DE vs. MWOE.DE - Dividend Comparison
2B7S.DE has not paid dividends to shareholders, while MWOE.DE's dividend yield for the trailing twelve months is around 0.95%.
| Position | TTM | 2025 | 2024 | 2023 |
|---|---|---|---|---|
2B7S.DE iShares $ Treasury Bond 1-3yr UCITS ETF EUR Hedged Acc | 0.00% | 0.00% | 0.00% | 0.00% |
MWOE.DE Amundi MSCI World UCITS ETF - USD Dist | 0.95% | 1.33% | 1.20% | 0.58% |
Frequently Asked Questions
2B7S.DE and MWOE.DE have a correlation of -0.03, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, 2B7S.DE is cheaper at 0.10% per year. The better choice depends on whether you care most about return, fees, risk, or income.
2B7S.DE is cheaper with a 0.10% expense ratio, compared with 0.12% for MWOE.DE.
2B7S.DE is categorized as Government Bonds, while MWOE.DE is Global Equities. 2B7S.DE tracks ICE US Treasury 1-3 Year (EUR Hedged) Index, while MWOE.DE tracks MSCI World. They also come from different issuers: iShares and Amundi. Their fees differ too: 0.10% for 2B7S.DE and 0.12% for MWOE.DE.
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