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AEMD.L vs. MWRD.L
Performance
Return for Risk
Drawdowns
Volatility
Dividends

AEMD.L vs. MWRD.L

Last updated Jun 6, 2026

AEMD.L (Amundi Index MSCI Emerging Markets UCITS ETF DR EUR (D)) and MWRD.L (Amundi Index MSCI World) are both exchange-traded funds - AEMD.L is a Emerging Markets Equities fund tracking the MSCI EM NR USD, while MWRD.L is a Global Equities fund tracking the MSCI ACWI NR USD. Both are passively managed. At a 0.49 correlation, their price movements are largely independent. AEMD.L charges 0.20%/yr vs 0.08%/yr for MWRD.L.

Performance

AEMD.L vs. MWRD.L - Performance Comparison

The chart below illustrates the hypothetical performance of a £10,000 investment in Amundi Index MSCI Emerging Markets UCITS ETF DR EUR (D) (AEMD.L) and Amundi Index MSCI World (MWRD.L). The values are adjusted to include any dividend payments, if applicable.

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Returns By Period

AEMD.L

1D
-3.71%
1M
0.25%
YTD
21.83%
6M
22.20%
1Y
47.59%
3Y*
18.97%
5Y*
7.64%
10Y*
—

MWRD.L

1D
—
1M
—
YTD
—
6M
—
1Y
—
3Y*
—
5Y*
—
10Y*
—
*Multi-year figures are annualized to reflect compound growth (CAGR)

AEMD.L vs. MWRD.L - Yearly Performance Comparison

2026 (YTD)20252024202320222021202020192018
AEMD.L
Amundi Index MSCI Emerging Markets UCITS ETF DR EUR (D)		21.83%25.85%8.39%2.59%-10.30%-2.34%14.57%2.67%-14.04%
MWRD.L
Amundi Index MSCI World		0.00%0.00%-1.27%17.50%-8.73%23.78%11.85%23.29%-6.25%

Correlation

The correlation between AEMD.L and MWRD.L is 0.49, which is low. Their price movements are largely independent, making them effective diversification partners.

Correlation
Correlation (3Y)
Calculated over the trailing 3-year period

0.21

Correlation (5Y)
Calculated over the trailing 5-year period

0.39

Correlation (All Time)
Calculated using the full available price history since Jan 18, 2018

0.49

The correlation between AEMD.L and MWRD.L shifts across timeframes, from 0.21 (3 years) to 0.49 (all time), reflecting how their relationship changes across market environments.

AEMD.L vs. MWRD.L - Sectors Allocation Comparison

Sectors
AEMD.L
MWRD.L

Technology

41.4%
24.7%

Financial Services

18.2%
14.7%

Consumer Cyclical

9.0%
10.5%

Industrials

7.0%
10.6%

Communication Services

6.4%
7.5%

Basic Materials

6.0%
3.8%

Energy

3.7%
4.4%

Consumer Defensive

2.8%
6.7%

Healthcare

2.7%
12.4%

Utilities

2.0%
2.4%

Real Estate

1.0%
2.4%

Technology

AEMD.L
41.4%
MWRD.L
24.7%

Financial Services

AEMD.L
18.2%
MWRD.L
14.7%

Consumer Cyclical

AEMD.L
9.0%
MWRD.L
10.5%

Industrials

AEMD.L
7.0%
MWRD.L
10.6%

Communication Services

AEMD.L
6.4%
MWRD.L
7.5%

Basic Materials

AEMD.L
6.0%
MWRD.L
3.8%

Energy

AEMD.L
3.7%
MWRD.L
4.4%

Consumer Defensive

AEMD.L
2.8%
MWRD.L
6.7%

Healthcare

AEMD.L
2.7%
MWRD.L
12.4%

Utilities

AEMD.L
2.0%
MWRD.L
2.4%

Real Estate

AEMD.L
1.0%
MWRD.L
2.4%

Compare stocks, funds, or ETFs

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Amundi Index MSCI Emerging Markets UCITS ETF DR EUR (D)

Amundi Index MSCI World

Often compared with AEMD.L:
AEMD.L vs. DFEVXAEMD.L vs. BNKE.LAEMD.L vs. ACWL.LAEMD.L vs. ANXU.LAEMD.L vs. 500G.LAEMD.L vs. 500U.LAEMD.L vs. CSH2.L
Often compared with MWRD.L:
MWRD.L vs. BRK-BMWRD.L vs. IWDA.ASMWRD.L vs. URTHMWRD.L vs. SWDA.LMWRD.L vs. JEPIMWRD.L vs. ACWIMWRD.L vs. 36BZ.DE

Return for Risk

AEMD.L vs. MWRD.L — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.
AEMD.L
AEMD.L Risk / Return Rank: 8585
Overall Rank
AEMD.L Sharpe Ratio Rank: 8888
Sharpe Ratio Rank
AEMD.L Sortino Ratio Rank: 8484
Sortino Ratio Rank
AEMD.L Omega Ratio Rank: 8888
Omega Ratio Rank
AEMD.L Calmar Ratio Rank: 8383
Calmar Ratio Rank
AEMD.L Martin Ratio Rank: 8181
Martin Ratio Rank
MWRD.L
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.

AEMD.L vs. MWRD.L - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Amundi Index MSCI Emerging Markets UCITS ETF DR EUR (D) (AEMD.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.

AEMD.LMWRD.LDifference
Sharpe ratioReturn per unit of total volatility
2.73

—

—

Sortino ratioReturn per unit of downside risk
3.49

—

—

Omega ratioGain probability vs. loss probability

1.51

—

—

Calmar ratioReturn relative to maximum drawdown

4.16

—

—

Martin ratioReturn relative to average drawdown

14.81

—

—

Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

AEMD.L vs. MWRD.L - Sharpe Ratio Comparison

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Sharpe Ratios by Period

AEMD.LMWRD.LDifference

Sharpe Ratio (1Y)

Calculated over the trailing 1-year period

2.73

—

—

Sharpe Ratio (5Y)

Calculated over the trailing 5-year period

0.47

—

—

Sharpe Ratio (All Time)

Calculated using the full available price history

0.28

—

—

Drawdowns

AEMD.L vs. MWRD.L - Drawdown Comparison

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Drawdown Indicators

AEMD.LMWRD.LDifference

Max Drawdown

Largest peak-to-trough decline

-33.02%

—

—

Max Drawdown (1Y)

Largest decline over 1 year

-11.38%

—

—

Max Drawdown (3Y)

Largest decline over 3 years

-15.24%

—

—

Max Drawdown (5Y)

Largest decline over 5 years

-23.98%

—

—

Current Drawdown

Current decline from peak

-6.08%

—

—

Average Drawdown

Average peak-to-trough decline

-12.68%

—

—

Ulcer Index

Depth and duration of drawdowns from previous peaks

3.21%

—

—

Volatility

AEMD.L vs. MWRD.L - Volatility Comparison

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Volatility by Period

AEMD.LMWRD.LDifference

Volatility (1M)

Calculated over the trailing 1-month period

8.14%

—

—

Volatility (6M)

Calculated over the trailing 6-month period

14.99%

—

—

Volatility (1Y)

Calculated over the trailing 1-year period

17.33%

—

—

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

16.24%

—

—

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

18.53%

—

—

AEMD.L vs. MWRD.L - Expense Ratio Comparison

AEMD.L has a 0.20% 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

AEMD.L vs. MWRD.L - Dividend Comparison

AEMD.L's dividend yield for the trailing twelve months is around 1.59%, while MWRD.L has not paid dividends to shareholders.

PositionTTM20252024202320222021202020192018
AEMD.L
Amundi Index MSCI Emerging Markets UCITS ETF DR EUR (D)		1.59%1.93%2.31%2.49%3.14%2.21%1.66%2.35%1.90%
MWRD.L
Amundi Index MSCI World		0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%

Frequently Asked Questions

AEMD.L and MWRD.L have a correlation of 0.49, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

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.

MWRD.L is cheaper with a 0.08% expense ratio, compared with 0.20% for AEMD.L.

AEMD.L is categorized as Emerging Markets Equities, while MWRD.L is Global Equities. AEMD.L tracks MSCI EM NR USD, while MWRD.L tracks MSCI ACWI NR USD. Their fees differ too: 0.20% for AEMD.L and 0.08% for MWRD.L.

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