AKWA.DE vs. AUDUSD=X

Last updated Apr 2, 2026

Compare and contrast key facts about Global X Clean Water UCITS ETF (AKWA.DE) and AUD/USD (AUDUSD=X).

AKWA.DE is a passively managed fund by Global X that tracks the performance of the Solactive Global Clean Water Industry. It was launched on Dec 7, 2021.

Performance

AKWA.DE vs. AUDUSD=X - Performance Comparison

The chart below illustrates the hypothetical performance of a €10,000 investment in Global X Clean Water UCITS ETF (AKWA.DE) and AUD/USD (AUDUSD=X). The values are adjusted to include any dividend payments, if applicable.

AKWA.DE vs. AUDUSD=X - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021
AKWA.DE Global X Clean Water UCITS ETF	2.37%	0.80%	12.17%	20.84%	-15.13%	-0.34%
AUDUSD=X AUD/USD	4.92%	-4.98%	-3.12%	-3.06%	-0.46%	1.04%

Different Trading Currencies

AKWA.DE is traded in EUR, while AUDUSD=X is traded in USD. To make them comparable, the AUDUSD=X values have been converted to EUR using the latest available exchange rates.

Returns By Period

In the year-to-date period, AKWA.DE achieves a 2.37% return, which is significantly lower than AUDUSD=X's 4.92% return.

AKWA.DE

• 1D: 1.96%
• 1M: -5.80%
• YTD: 2.37%
• 6M: 0.60%
• 1Y: 5.34%
• 3Y*: 10.40%
• 5Y*: —
• 10Y*: —

AUDUSD=X

• 1D: -0.17%
• 1M: -1.61%
• YTD: 4.92%
• 6M: 5.91%
• 1Y: 2.51%
• 3Y*: -1.11%
• 5Y*: -1.62%
• 10Y*: -1.21%

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

Return for Risk

AKWA.DE vs. AUDUSD=X — Risk / Return Rank

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

AKWA.DE

AKWA.DE Risk / Return Rank: 21
AKWA.DE Sharpe Ratio Rank: 20
AKWA.DE Sortino Ratio Rank: 19
AKWA.DE Omega Ratio Rank: 19
AKWA.DE Calmar Ratio Rank: 26
AKWA.DE Martin Ratio Rank: 24

AUDUSD=X

AUDUSD=X Risk / Return Rank: 77
AUDUSD=X Sharpe Ratio Rank: 77
AUDUSD=X Sortino Ratio Rank: 75
AUDUSD=X Omega Ratio Rank: 79
AUDUSD=X Calmar Ratio Rank: 79
AUDUSD=X Martin Ratio Rank: 77

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.

AKWA.DE vs. AUDUSD=X - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Global X Clean Water UCITS ETF (AKWA.DE) and AUD/USD (AUDUSD=X). 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.

	AKWA.DE	AUDUSD=X	Difference
Sharpe ratio Return per unit of total volatility	0.32	0.26	+0.06
Sortino ratio Return per unit of downside risk	0.55	0.40	+0.15
Omega ratio Gain probability vs. loss probability	1.07	1.06	+0.01
Calmar ratio Return relative to maximum drawdown	0.67	1.52	-0.85
Martin ratio Return relative to average drawdown	1.89	4.50	-2.61
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

AKWA.DE vs. AUDUSD=X - Sharpe Ratio Comparison

The current AKWA.DE Sharpe Ratio is 0.32, which is comparable to the AUDUSD=X Sharpe Ratio of 0.26. The chart below compares the historical Sharpe Ratios of AKWA.DE and AUDUSD=X, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

Sharpe Ratios by Period

	AKWA.DE	AUDUSD=X	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	0.32	0.26	+0.06
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	—	-0.19	—
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	—	-0.14	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.24	-0.03	+0.27

Correlation

The correlation between AKWA.DE and AUDUSD=X is 0.28, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.

Drawdowns

AKWA.DE vs. AUDUSD=X - Drawdown Comparison

The maximum AKWA.DE drawdown since its inception was -23.07%, smaller than the maximum AUDUSD=X drawdown of -38.51%. Use the drawdown chart below to compare losses from any high point for AKWA.DE and AUDUSD=X.

Drawdown Indicators

	AKWA.DE	AUDUSD=X	Difference
Max Drawdown Largest peak-to-trough decline	-23.07%	-47.87%	+24.80%
Max Drawdown (1Y) Largest decline over 1 year	-10.93%	-5.86%	-5.07%
Max Drawdown (5Y) Largest decline over 5 years	—	-24.02%	—
Max Drawdown (10Y) Largest decline over 10 years	—	-29.18%	—
Current Drawdown Current decline from peak	-5.96%	-37.41%	+31.45%
Average Drawdown Average peak-to-trough decline	-7.64%	-25.44%	+17.80%
Ulcer Index Depth and duration of drawdowns from previous peaks	3.15%	1.62%	+1.53%

Volatility

AKWA.DE vs. AUDUSD=X - Volatility Comparison

Global X Clean Water UCITS ETF (AKWA.DE) has a higher volatility of 5.32% compared to AUD/USD (AUDUSD=X) at 2.08%. This indicates that AKWA.DE's price experiences larger fluctuations and is considered to be riskier than AUDUSD=X based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	AKWA.DE	AUDUSD=X	Difference
Volatility (1M) Calculated over the trailing 1-month period	5.32%	2.08%	+3.24%
Volatility (6M) Calculated over the trailing 6-month period	9.70%	4.32%	+5.38%
Volatility (1Y) Calculated over the trailing 1-year period	16.60%	7.84%	+8.76%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	16.08%	7.75%	+8.33%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	16.08%	7.96%	+8.12%