PortfoliosLab logoPortfoliosLab logo

Documentation

Upgrade your plan
ALAG.L vs. MWRD.L
Performance
Return for Risk
Drawdowns
Volatility
Dividends

ALAG.L vs. MWRD.L

Last updated Jun 5, 2026

ALAG.L (Amundi MSCI Em Latin America UCITS ETF-C USD) and MWRD.L (Amundi Index MSCI World) are both exchange-traded funds - ALAG.L is a Latin America Equities fund tracking the MSCI EM Latin America NR USD, while MWRD.L is a Global Equities fund tracking the MSCI ACWI NR USD. Both are passively managed. At a 0.43 correlation, their price movements are largely independent. ALAG.L charges 0.10%/yr vs 0.08%/yr for MWRD.L.

Performance

ALAG.L vs. MWRD.L - Performance Comparison

The chart below illustrates the hypothetical performance of a £10,000 investment in Amundi MSCI Em Latin America UCITS ETF-C USD (ALAG.L) and Amundi Index MSCI World (MWRD.L). The values are adjusted to include any dividend payments, if applicable.

Loading charts...

Returns By Period

ALAG.L

1D
-0.47%
1M
-7.29%
YTD
10.55%
6M
11.57%
1Y
38.28%
3Y*
10.97%
5Y*
9.69%
10Y*
8.49%

MWRD.L

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

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

2026 (YTD)202520242023202220212020201920182017
ALAG.L
Amundi MSCI Em Latin America UCITS ETF-C USD		10.55%44.31%-25.31%25.10%21.74%-8.24%-16.56%12.56%-1.55%8.92%
MWRD.L
Amundi Index MSCI World		0.00%0.00%-1.27%17.50%-9.18%24.39%11.85%23.29%-4.10%6.52%

Correlation

The correlation between ALAG.L and MWRD.L is 0.43, which is low. Their price movements are largely independent, making them effective diversification partners.

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

0.17

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

0.30

Correlation (All Time)
Calculated using the full available price history since Jun 30, 2017

0.43

The correlation between ALAG.L and MWRD.L shifts across timeframes, from 0.17 (3 years) to 0.43 (all time), reflecting how their relationship changes across market environments.

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

Sectors
ALAG.L
MWRD.L

Financial Services

30.3%
14.7%

Basic Materials

19.7%
3.8%

Energy

11.7%
4.4%

Industrials

10.8%
10.6%

Consumer Defensive

9.9%
6.7%

Utilities

8.5%
2.4%

Communication Services

4.0%
7.5%

Consumer Cyclical

1.6%
10.5%

Real Estate

1.6%
2.4%

Healthcare

1.4%
12.4%

Technology

0.7%
24.7%

Financial Services

ALAG.L
30.3%
MWRD.L
14.7%

Basic Materials

ALAG.L
19.7%
MWRD.L
3.8%

Energy

ALAG.L
11.7%
MWRD.L
4.4%

Industrials

ALAG.L
10.8%
MWRD.L
10.6%

Consumer Defensive

ALAG.L
9.9%
MWRD.L
6.7%

Utilities

ALAG.L
8.5%
MWRD.L
2.4%

Communication Services

ALAG.L
4.0%
MWRD.L
7.5%

Consumer Cyclical

ALAG.L
1.6%
MWRD.L
10.5%

Real Estate

ALAG.L
1.6%
MWRD.L
2.4%

Healthcare

ALAG.L
1.4%
MWRD.L
12.4%

Technology

ALAG.L
0.7%
MWRD.L
24.7%

Compare stocks, funds, or ETFs

Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.

Amundi MSCI Em Latin America UCITS ETF-C USD

Amundi Index MSCI World

Often compared with ALAG.L:
ALAG.L vs. LTAM.LALAG.L vs. EMIM.LALAG.L vs. ILFALAG.L vs. EWZALAG.L vs. ALAU.LALAG.L vs. XMLA.LALAG.L vs. DLTM.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

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

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.
ALAG.L
ALAG.L Risk / Return Rank: 6666
Overall Rank
ALAG.L Sharpe Ratio Rank: 6969
Sharpe Ratio Rank
ALAG.L Sortino Ratio Rank: 6363
Sortino Ratio Rank
ALAG.L Omega Ratio Rank: 6464
Omega Ratio Rank
ALAG.L Calmar Ratio Rank: 7373
Calmar Ratio Rank
ALAG.L Martin Ratio Rank: 6161
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.

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

This table presents a comparison of risk-adjusted performance metrics for Amundi MSCI Em Latin America UCITS ETF-C USD (ALAG.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.

ALAG.LMWRD.LDifference
Sharpe ratioReturn per unit of total volatility
2.22

—

—

Sortino ratioReturn per unit of downside risk
2.90

—

—

Omega ratioGain probability vs. loss probability

1.38

—

—

Calmar ratioReturn relative to maximum drawdown

3.62

—

—

Martin ratioReturn relative to average drawdown

10.83

—

—

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

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

Loading charts...

Sharpe Ratios by Period

ALAG.LMWRD.LDifference

Sharpe Ratio (1Y)

Calculated over the trailing 1-year period

2.22

—

—

Sharpe Ratio (5Y)

Calculated over the trailing 5-year period

0.47

—

—

Sharpe Ratio (10Y)

Calculated over the trailing 10-year period

0.34

—

—

Sharpe Ratio (All Time)

Calculated using the full available price history

0.40

—

—

Drawdowns

ALAG.L vs. MWRD.L - Drawdown Comparison

Loading charts...

Drawdown Indicators

ALAG.LMWRD.LDifference

Max Drawdown

Largest peak-to-trough decline

-48.94%

—

—

Max Drawdown (1Y)

Largest decline over 1 year

-10.63%

—

—

Max Drawdown (3Y)

Largest decline over 3 years

-25.74%

—

—

Max Drawdown (5Y)

Largest decline over 5 years

-25.74%

—

—

Max Drawdown (10Y)

Largest decline over 10 years

-48.94%

—

—

Current Drawdown

Current decline from peak

-10.63%

—

—

Average Drawdown

Average peak-to-trough decline

-12.08%

—

—

Ulcer Index

Depth and duration of drawdowns from previous peaks

3.56%

—

—

Volatility

ALAG.L vs. MWRD.L - Volatility Comparison

Loading charts...

Volatility by Period

ALAG.LMWRD.LDifference

Volatility (1M)

Calculated over the trailing 1-month period

4.67%

—

—

Volatility (6M)

Calculated over the trailing 6-month period

15.08%

—

—

Volatility (1Y)

Calculated over the trailing 1-year period

17.38%

—

—

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

20.42%

—

—

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

24.89%

—

—

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

ALAG.L has a 0.10% 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

ALAG.L vs. MWRD.L - Dividend Comparison

Neither ALAG.L nor MWRD.L has paid dividends to shareholders.

Tickers have no history of dividend payments

Frequently Asked Questions

ALAG.L and MWRD.L have a correlation of 0.43, 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 0.10% for ALAG.L.

ALAG.L is categorized as Latin America Equities, while MWRD.L is Global Equities. ALAG.L tracks MSCI EM Latin America NR USD, while MWRD.L tracks MSCI ACWI NR USD. Their fees differ too: 0.10% for ALAG.L and 0.08% for MWRD.L.

Portfolio Optimizer

Find the right allocation for ALAG.L and MWRD.L

Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.

Open Portfolio Optimizer