ACLT.DE vs. MVEW.DE
ACLT.DE (AXA IM ACT Climate Equity UCITS ETF USD Acc) and MVEW.DE (iShares Edge MSCI World Minimum Volatility ESG UCITS ETF (Acc)) are both Global Equities funds - ACLT.DE tracks the AXA IM ACT Climate Equity while MVEW.DE tracks the MSCI ACWI NR USD. Both are passively managed. Over the past 3 years, ACLT.DE returned 16.81%/yr vs 6.53%/yr for MVEW.DE. A 0.57 correlation means they provide meaningful diversification when combined. ACLT.DE charges 0.70%/yr vs 0.30%/yr for MVEW.DE.
Performance
ACLT.DE vs. MVEW.DE - Performance Comparison
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Returns By Period
In the year-to-date period, ACLT.DE achieves a 18.77% return, which is significantly higher than MVEW.DE's 1.17% return.
ACLT.DE
- 1D
- 0.00%
- 1M
- 8.08%
- YTD
- 18.77%
- 6M
- 19.73%
- 1Y
- 31.52%
- 3Y*
- 16.81%
- 5Y*
- —
- 10Y*
- —
MVEW.DE
- 1D
- 0.07%
- 1M
- 1.79%
- YTD
- 1.17%
- 6M
- 1.16%
- 1Y
- 0.46%
- 3Y*
- 6.53%
- 5Y*
- 6.47%
- 10Y*
- —
ACLT.DE vs. MVEW.DE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | |
|---|---|---|---|---|---|
ACLT.DE AXA IM ACT Climate Equity UCITS ETF USD Acc | 18.77% | 8.42% | 19.92% | 14.36% | 10.19% |
MVEW.DE iShares Edge MSCI World Minimum Volatility ESG UCITS ETF (Acc) | 1.17% | -0.99% | 17.25% | 6.27% | 1.28% |
Correlation
The correlation between ACLT.DE and MVEW.DE is 0.40, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.40 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.58 |
Correlation (All Time) Calculated using the full available price history since Sep 30, 2022 | 0.57 |
The correlation between ACLT.DE and MVEW.DE shifts across timeframes, from 0.40 (1 year) to 0.58 (3 years), reflecting how their relationship changes across market environments.
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Return for Risk
ACLT.DE vs. MVEW.DE — Risk / Return Rank
ACLT.DE
MVEW.DE
ACLT.DE vs. MVEW.DE - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for AXA IM ACT Climate Equity UCITS ETF USD Acc (ACLT.DE) and iShares Edge MSCI World Minimum Volatility ESG UCITS ETF (Acc) (MVEW.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.
| ACLT.DE | MVEW.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +1.74 | ||
| Sortino ratioReturn per unit of downside risk | +2.46 | ||
| Omega ratioGain probability vs. loss probability | 1.41 | 1.02 | +0.39 |
| Calmar ratioReturn relative to maximum drawdown | 2.88 | 0.10 | +2.78 |
| Martin ratioReturn relative to average drawdown | 10.96 | 0.20 | +10.76 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| ACLT.DE | MVEW.DE | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.80 | 0.06 | +1.74 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | — | 0.62 | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 1.18 | 0.63 | +0.54 |
Drawdowns
ACLT.DE vs. MVEW.DE - Drawdown Comparison
The maximum ACLT.DE drawdown since its inception was -20.54%, which is greater than MVEW.DE's maximum drawdown of -13.19%. Use the drawdown chart below to compare losses from any high point for ACLT.DE and MVEW.DE.
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Drawdown Indicators
| ACLT.DE | MVEW.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -20.54% | -13.19% | -7.35% |
Max Drawdown (1Y)Largest decline over 1 year | -11.07% | -4.68% | -6.39% |
Max Drawdown (3Y)Largest decline over 3 years | -20.54% | -13.19% | -7.35% |
Max Drawdown (5Y)Largest decline over 5 years | — | -13.19% | — |
Current DrawdownCurrent decline from peak | 0.00% | -5.75% | +5.75% |
Average DrawdownAverage peak-to-trough decline | -3.17% | -3.83% | +0.66% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.91% | 2.27% | +0.64% |
Volatility
ACLT.DE vs. MVEW.DE - Volatility Comparison
AXA IM ACT Climate Equity UCITS ETF USD Acc (ACLT.DE) has a higher volatility of 4.52% compared to iShares Edge MSCI World Minimum Volatility ESG UCITS ETF (Acc) (MVEW.DE) at 2.58%. This indicates that ACLT.DE's price experiences larger fluctuations and is considered to be riskier than MVEW.DE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| ACLT.DE | MVEW.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 4.52% | 2.58% | +1.94% |
Volatility (6M)Calculated over the trailing 6-month period | 15.32% | 5.42% | +9.90% |
Volatility (1Y)Calculated over the trailing 1-year period | 17.73% | 7.97% | +9.76% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 16.77% | 10.25% | +6.52% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 16.77% | 10.82% | +5.95% |
ACLT.DE vs. MVEW.DE - Expense Ratio Comparison
ACLT.DE has a 0.70% expense ratio, which is higher than MVEW.DE's 0.30% expense ratio.
Dividends
ACLT.DE vs. MVEW.DE - Dividend Comparison
Neither ACLT.DE nor MVEW.DE has paid dividends to shareholders.
Frequently Asked Questions
ACLT.DE and MVEW.DE have a correlation of 0.40, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, MVEW.DE is cheaper at 0.30% per year. The better choice depends on whether you care most about return, fees, risk, or income.
MVEW.DE is cheaper with a 0.30% expense ratio, compared with 0.70% for ACLT.DE.
ACLT.DE tracks AXA IM ACT Climate Equity, while MVEW.DE tracks MSCI ACWI NR USD. They also come from different issuers: AXA IM and iShares. Their fees differ too: 0.70% for ACLT.DE and 0.30% for MVEW.DE.
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