6PSK.DE vs. FWEA.DE

Last updated Jun 5, 2026

6PSK.DE (Invesco FTSE RAFI Emerging Markets UCITS ETF) and FWEA.DE (Invesco FTSE All-World UCITS ETF) are both exchange-traded funds - 6PSK.DE is a Emerging Markets Equities fund tracking the FTSE RAFI Emerging Markets, while FWEA.DE is a Global Equities fund tracking the FTSE All-World Index. Both are passively managed. Over the past year, 6PSK.DE returned 41.61% vs 25.98% for FWEA.DE. A 0.60 correlation means they provide meaningful diversification when combined. 6PSK.DE charges 0.49%/yr vs 0.20%/yr for FWEA.DE.

Performance

6PSK.DE vs. FWEA.DE - Performance Comparison

The chart below illustrates the hypothetical performance of a €10,000 investment in Invesco FTSE RAFI Emerging Markets UCITS ETF (6PSK.DE) and Invesco FTSE All-World UCITS ETF (FWEA.DE). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, 6PSK.DE achieves a 24.13% return, which is significantly higher than FWEA.DE's 10.64% return.

6PSK.DE

• 1D: -1.81%
• 1M: 5.90%
• YTD: 24.13%
• 6M: 23.56%
• 1Y: 41.61%
• 3Y*: 21.76%
• 5Y*: 11.80%
• 10Y*: 11.43%

FWEA.DE

• 1D: -0.24%
• 1M: 2.84%
• YTD: 10.64%
• 6M: 11.58%
• 1Y: 25.98%
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

6PSK.DE vs. FWEA.DE - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023
6PSK.DE Invesco FTSE RAFI Emerging Markets UCITS ETF	24.13%	16.65%	20.37%	4.35%
FWEA.DE Invesco FTSE All-World UCITS ETF	10.64%	17.53%	19.21%	8.62%

Correlation

The correlation between 6PSK.DE and FWEA.DE is 0.66, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.66
Correlation (All Time) Calculated using the full available price history since Jun 27, 2023	0.60

The correlation between 6PSK.DE and FWEA.DE has been stable across timeframes, ranging from 0.60 to 0.66 - a consistent structural relationship.

Return for Risk

6PSK.DE vs. FWEA.DE — Risk / Return Rank

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

6PSK.DE

6PSK.DE Risk / Return Rank: 80
6PSK.DE Sharpe Ratio Rank: 80
6PSK.DE Sortino Ratio Rank: 80
6PSK.DE Omega Ratio Rank: 77
6PSK.DE Calmar Ratio Rank: 81
6PSK.DE Martin Ratio Rank: 83

FWEA.DE

FWEA.DE Risk / Return Rank: 72
FWEA.DE Sharpe Ratio Rank: 71
FWEA.DE Sortino Ratio Rank: 76
FWEA.DE Omega Ratio Rank: 73
FWEA.DE Calmar Ratio Rank: 65
FWEA.DE Martin Ratio Rank: 73

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.

6PSK.DE vs. FWEA.DE - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Invesco FTSE RAFI Emerging Markets UCITS ETF (6PSK.DE) and Invesco FTSE All-World UCITS ETF (FWEA.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.

	6PSK.DE	FWEA.DE	Difference
Sharpe ratio: Return per unit of total volatility	2.57	2.30	+0.27
Sortino ratio: Return per unit of downside risk	3.51	3.38	+0.14
Omega ratio: Gain probability vs. loss probability	1.45	1.43	+0.03
Calmar ratio: Return relative to maximum drawdown	4.22	3.18	+1.04
Martin ratio: Return relative to average drawdown	16.66	13.52	+3.14
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

6PSK.DE vs. FWEA.DE - Sharpe Ratio Comparison

The current 6PSK.DE Sharpe Ratio is 2.57, which is comparable to the FWEA.DE Sharpe Ratio of 2.30. The chart below compares the historical Sharpe Ratios of 6PSK.DE and FWEA.DE, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Sharpe Ratios by Period

	6PSK.DE	FWEA.DE	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	2.57	2.30	+0.27
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.72	—	—
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.63	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.41	1.51	-1.10

Drawdowns

6PSK.DE vs. FWEA.DE - Drawdown Comparison

The maximum 6PSK.DE drawdown since its inception was -42.46%, which is greater than FWEA.DE's maximum drawdown of -17.48%. Use the drawdown chart below to compare losses from any high point for 6PSK.DE and FWEA.DE.

Drawdown Indicators

	6PSK.DE	FWEA.DE	Difference
Max Drawdown Largest peak-to-trough decline	-42.46%	-17.48%	-24.98%
Max Drawdown (1Y) Largest decline over 1 year	-9.85%	-8.28%	-1.57%
Max Drawdown (3Y) Largest decline over 3 years	-18.73%	—	—
Max Drawdown (5Y) Largest decline over 5 years	-19.59%	—	—
Max Drawdown (10Y) Largest decline over 10 years	-34.47%	—	—
Current Drawdown Current decline from peak	-3.14%	-0.81%	-2.33%
Average Drawdown Average peak-to-trough decline	-10.36%	-1.86%	-8.50%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.50%	1.95%	+0.55%

Volatility

6PSK.DE vs. FWEA.DE - Volatility Comparison

Invesco FTSE RAFI Emerging Markets UCITS ETF (6PSK.DE) has a higher volatility of 7.44% compared to Invesco FTSE All-World UCITS ETF (FWEA.DE) at 3.36%. This indicates that 6PSK.DE's price experiences larger fluctuations and is considered to be riskier than FWEA.DE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	6PSK.DE	FWEA.DE	Difference
Volatility (1M) Calculated over the trailing 1-month period	7.44%	3.36%	+4.08%
Volatility (6M) Calculated over the trailing 6-month period	13.41%	8.93%	+4.48%
Volatility (1Y) Calculated over the trailing 1-year period	16.19%	11.45%	+4.74%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	16.24%	12.72%	+3.52%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	18.21%	12.72%	+5.49%

6PSK.DE vs. FWEA.DE - Expense Ratio Comparison

6PSK.DE has a 0.49% expense ratio, which is higher than FWEA.DE's 0.20% expense ratio.

Dividends

6PSK.DE vs. FWEA.DE - Dividend Comparison

6PSK.DE's dividend yield for the trailing twelve months is around 2.53%, while FWEA.DE has not paid dividends to shareholders.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
6PSK.DE Invesco FTSE RAFI Emerging Markets UCITS ETF	2.53%	3.08%	3.41%	4.28%	5.89%	3.33%	2.70%	2.64%	2.97%	2.46%	1.89%	3.16%
FWEA.DE Invesco FTSE All-World UCITS ETF	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%

Frequently Asked Questions

Can I hold both 6PSK.DE and FWEA.DE in my portfolio?

6PSK.DE and FWEA.DE have a correlation of 0.66, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, 6PSK.DE or FWEA.DE?

On fees, FWEA.DE is cheaper at 0.20% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, 6PSK.DE or FWEA.DE?

FWEA.DE is cheaper with a 0.20% expense ratio, compared with 0.49% for 6PSK.DE.

What is the main difference between 6PSK.DE and FWEA.DE?

6PSK.DE is categorized as Emerging Markets Equities, while FWEA.DE is Global Equities. 6PSK.DE tracks FTSE RAFI Emerging Markets, while FWEA.DE tracks FTSE All-World Index. Their fees differ too: 0.49% for 6PSK.DE and 0.20% for FWEA.DE.