500G.L vs. MWRD.L

Last updated Jun 5, 2026

500G.L (Amundi S&P 500 Swap UCITS ETF USD Acc) and MWRD.L (Amundi Index MSCI World) are both exchange-traded funds - 500G.L is a S&P 500 fund tracking the S&P 500, while MWRD.L is a Global Equities fund tracking the MSCI ACWI NR USD. Both are passively managed. Their correlation of 0.81 suggests significant overlap in exposure. 500G.L charges 0.15%/yr vs 0.08%/yr for MWRD.L.

Performance

500G.L vs. MWRD.L - Performance Comparison

The chart below illustrates the hypothetical performance of a £10,000 investment in Amundi S&P 500 Swap UCITS ETF USD Acc (500G.L) and Amundi Index MSCI World (MWRD.L). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

500G.L

• 1D: -0.04%
• 1M: 5.53%
• YTD: 10.57%
• 6M: 10.49%
• 1Y: 29.21%
• 3Y*: 19.12%
• 5Y*: 15.05%
• 10Y*: 16.24%

MWRD.L

• 1D: —
• 1M: —
• YTD: —
• 6M: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

*Multi-year figures are annualized to reflect compound growth (CAGR)

500G.L vs. MWRD.L - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
500G.L Amundi S&P 500 Swap UCITS ETF USD Acc	10.57%	9.44%	27.44%	19.89%	-8.86%	31.35%	13.81%	27.01%	0.05%	7.75%
MWRD.L Amundi Index MSCI World	0.00%	0.00%	-1.27%	17.50%	-9.18%	24.39%	11.85%	23.29%	-4.10%	6.52%

Correlation

The correlation between 500G.L and MWRD.L is 0.81, indicating a strong positive relationship between their price movements. Combining them offers limited diversification - they tend to fall together during downturns.

	Correlation
Correlation (3Y) Calculated over the trailing 3-year period	0.37
Correlation (5Y) Calculated over the trailing 5-year period	0.67
Correlation (All Time) Calculated using the full available price history since Jun 30, 2017	0.81

The correlation between 500G.L and MWRD.L shifts across timeframes, from 0.37 (3 years) to 0.81 (all time), reflecting how their relationship changes across market environments.

Return for Risk

500G.L vs. MWRD.L — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

500G.L

500G.L Risk / Return Rank: 82
500G.L Sharpe Ratio Rank: 85
500G.L Sortino Ratio Rank: 82
500G.L Omega Ratio Rank: 85
500G.L Calmar Ratio Rank: 80
500G.L Martin Ratio Rank: 79

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

500G.L vs. MWRD.L - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Amundi S&P 500 Swap UCITS ETF USD Acc (500G.L) and Amundi Index MSCI World (MWRD.L). 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.

	500G.L	MWRD.L	Difference
Sharpe ratio: Return per unit of total volatility	2.76	—	—
Sortino ratio: Return per unit of downside risk	3.61	—	—
Omega ratio: Gain probability vs. loss probability	1.51	—	—
Calmar ratio: Return relative to maximum drawdown	4.08	—	—
Martin ratio: Return relative to average drawdown	15.27	—	—
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

Sharpe Ratios by Period

	500G.L	MWRD.L	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	2.76	—	—
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	1.05	—	—
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	1.05	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	1.07	—	—

Drawdowns

Drawdown Indicators

	500G.L	MWRD.L	Difference
Max Drawdown Largest peak-to-trough decline	-25.52%	—	—
Max Drawdown (1Y) Largest decline over 1 year	-7.12%	—	—
Max Drawdown (3Y) Largest decline over 3 years	-21.12%	—	—
Max Drawdown (5Y) Largest decline over 5 years	-21.12%	—	—
Max Drawdown (10Y) Largest decline over 10 years	-25.52%	—	—
Current Drawdown Current decline from peak	-0.22%	—	—
Average Drawdown Average peak-to-trough decline	-3.29%	—	—
Ulcer Index Depth and duration of drawdowns from previous peaks	1.91%	—	—

Volatility

Volatility by Period

	500G.L	MWRD.L	Difference
Volatility (1M) Calculated over the trailing 1-month period	2.65%	—	—
Volatility (6M) Calculated over the trailing 6-month period	7.13%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	10.55%	—	—
Volatility (5Y) Calculated over the trailing 5-year period, annualized	14.31%	—	—
Volatility (10Y) Calculated over the trailing 10-year period, annualized	15.54%	—	—

500G.L vs. MWRD.L - Expense Ratio Comparison

500G.L has a 0.15% expense ratio, which is higher than MWRD.L's 0.08% 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

500G.L vs. MWRD.L - Dividend Comparison

Neither 500G.L nor MWRD.L has paid dividends to shareholders.

Tickers have no history of dividend payments

Frequently Asked Questions

Can I hold both 500G.L and MWRD.L in my portfolio?

500G.L and MWRD.L have a correlation of 0.81, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, 500G.L or MWRD.L?

On fees, MWRD.L is cheaper at 0.08% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, 500G.L or MWRD.L?

MWRD.L is cheaper with a 0.08% expense ratio, compared with 0.15% for 500G.L.

What is the main difference between 500G.L and MWRD.L?

500G.L is categorized as S&P 500, while MWRD.L is Global Equities. 500G.L tracks S&P 500, while MWRD.L tracks MSCI ACWI NR USD. Their fees differ too: 0.15% for 500G.L and 0.08% for MWRD.L.