AHYQ.DE vs. MVEW.DE
AHYQ.DE (Amundi MSCI World III UCITS ETF Dist) and MVEW.DE (iShares Edge MSCI World Minimum Volatility ESG UCITS ETF (Acc)) are both Global Equities funds - AHYQ.DE tracks the MSCI World while MVEW.DE tracks the MSCI ACWI NR USD. Both are passively managed. Over the past 5 years, AHYQ.DE returned 12.23%/yr vs 6.47%/yr for MVEW.DE. A 0.75 correlation means they provide meaningful diversification when combined. AHYQ.DE charges 0.20%/yr vs 0.30%/yr for MVEW.DE.
Performance
AHYQ.DE vs. MVEW.DE - Performance Comparison
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Returns By Period
In the year-to-date period, AHYQ.DE achieves a 10.93% return, which is significantly higher than MVEW.DE's 1.17% return.
AHYQ.DE
- 1D
- -0.03%
- 1M
- 3.77%
- YTD
- 10.93%
- 6M
- 10.78%
- 1Y
- 23.61%
- 3Y*
- 17.53%
- 5Y*
- 12.23%
- 10Y*
- 11.90%
MVEW.DE
- 1D
- 0.07%
- 1M
- 2.04%
- YTD
- 1.17%
- 6M
- 1.03%
- 1Y
- 0.94%
- 3Y*
- 6.53%
- 5Y*
- 6.47%
- 10Y*
- —
AHYQ.DE vs. MVEW.DE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | |
|---|---|---|---|---|---|---|---|
AHYQ.DE Amundi MSCI World III UCITS ETF Dist | 10.93% | 7.92% | 25.91% | 20.09% | -15.16% | 31.20% | 18.06% |
MVEW.DE iShares Edge MSCI World Minimum Volatility ESG UCITS ETF (Acc) | 1.17% | -0.99% | 17.25% | 6.27% | -5.98% | 26.26% | 1.55% |
Correlation
The correlation between AHYQ.DE and MVEW.DE is 0.41, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.41 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.61 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.71 |
Correlation (All Time) Calculated using the full available price history since Apr 24, 2020 | 0.75 |
Over the past year, the correlation between AHYQ.DE and MVEW.DE has dropped to 0.41 - well below their long-term average of 0.75, suggesting their price drivers have been diverging.
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Return for Risk
AHYQ.DE vs. MVEW.DE — Risk / Return Rank
AHYQ.DE
MVEW.DE
AHYQ.DE vs. MVEW.DE - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Amundi MSCI World III UCITS ETF Dist (AHYQ.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.
| AHYQ.DE | MVEW.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +2.04 | ||
| Sortino ratioReturn per unit of downside risk | +2.79 | ||
| Omega ratioGain probability vs. loss probability | 1.39 | 1.02 | +0.38 |
| Calmar ratioReturn relative to maximum drawdown | 3.58 | 0.10 | +3.48 |
| Martin ratioReturn relative to average drawdown | 14.39 | 0.20 | +14.19 |
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
| AHYQ.DE | MVEW.DE | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 2.09 | 0.06 | +2.04 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.84 | 0.62 | +0.22 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.77 | — | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.81 | 0.63 | +0.18 |
Drawdowns
AHYQ.DE vs. MVEW.DE - Drawdown Comparison
The maximum AHYQ.DE drawdown since its inception was -33.70%, 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 AHYQ.DE and MVEW.DE.
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Drawdown Indicators
| AHYQ.DE | MVEW.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -33.70% | -13.19% | -20.51% |
Max Drawdown (1Y)Largest decline over 1 year | -6.60% | -4.68% | -1.92% |
Max Drawdown (3Y)Largest decline over 3 years | -21.77% | -13.19% | -8.58% |
Max Drawdown (5Y)Largest decline over 5 years | -21.77% | -13.19% | -8.58% |
Max Drawdown (10Y)Largest decline over 10 years | -33.70% | — | — |
Current DrawdownCurrent decline from peak | -0.37% | -5.75% | +5.38% |
Average DrawdownAverage peak-to-trough decline | -4.49% | -3.83% | -0.66% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.65% | 2.27% | -0.62% |
Volatility
AHYQ.DE vs. MVEW.DE - Volatility Comparison
Amundi MSCI World III UCITS ETF Dist (AHYQ.DE) and iShares Edge MSCI World Minimum Volatility ESG UCITS ETF (Acc) (MVEW.DE) have volatilities of 2.64% and 2.58%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| AHYQ.DE | MVEW.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 2.64% | 2.58% | +0.06% |
Volatility (6M)Calculated over the trailing 6-month period | 7.77% | 5.42% | +2.35% |
Volatility (1Y)Calculated over the trailing 1-year period | 11.28% | 7.97% | +3.31% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 14.33% | 10.25% | +4.08% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 15.29% | 10.82% | +4.47% |
AHYQ.DE vs. MVEW.DE - Expense Ratio Comparison
AHYQ.DE has a 0.20% expense ratio, which is lower than MVEW.DE's 0.30% expense ratio.
Dividends
AHYQ.DE vs. MVEW.DE - Dividend Comparison
AHYQ.DE's dividend yield for the trailing twelve months is around 1.06%, while MVEW.DE has not paid dividends to shareholders.
| Position | TTM | 2025 | 2024 | 2023 |
|---|---|---|---|---|
AHYQ.DE Amundi MSCI World III UCITS ETF Dist | 1.06% | 1.18% | 1.65% | 1.78% |
MVEW.DE iShares Edge MSCI World Minimum Volatility ESG UCITS ETF (Acc) | 0.00% | 0.00% | 0.00% | 0.00% |
Frequently Asked Questions
AHYQ.DE and MVEW.DE have a correlation of 0.41, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, AHYQ.DE is cheaper at 0.20% per year. The better choice depends on whether you care most about return, fees, risk, or income.
AHYQ.DE is cheaper with a 0.20% expense ratio, compared with 0.30% for MVEW.DE.
AHYQ.DE tracks MSCI World, while MVEW.DE tracks MSCI ACWI NR USD. They also come from different issuers: Amundi and iShares. Their fees differ too: 0.20% for AHYQ.DE and 0.30% for MVEW.DE.
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