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

ALAU.L vs. MWRD.L

Last updated Jun 5, 2026

ALAU.L (Amundi MSCI Em Latin America) and MWRD.L (Amundi Index MSCI World) are both exchange-traded funds - ALAU.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 0.13 correlation, their price movements are largely independent. ALAU.L charges 0.10%/yr vs 0.08%/yr for MWRD.L.

Performance

ALAU.L vs. MWRD.L - Performance Comparison

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

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Different Trading Currencies

ALAU.L is traded in USD, while MWRD.L is traded in GBp. To make them comparable, the MWRD.L values have been converted to USD using the latest available exchange rates.

Returns By Period

ALAU.L

1D
-0.62%
1M
-7.64%
YTD
10.04%
6M
8.67%
1Y
37.31%
3Y*
14.13%
5Y*
9.93%
10Y*
7.95%

MWRD.L

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

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

2026 (YTD)202520242023202220212020201920182017
ALAU.L
Amundi MSCI Em Latin America		10.04%54.14%-26.41%31.12%13.78%-9.59%-8.76%9.52%-8.57%12.80%
MWRD.L
Amundi Index MSCI World		0.00%0.00%-1.64%23.69%-18.69%22.97%15.27%28.71%-9.87%10.61%

Correlation

The correlation between ALAU.L and MWRD.L is 0.13, which is low. Their price movements are largely independent, making them effective diversification partners.

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

0.09

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

0.16

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

0.13

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

Sectors
ALAU.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

ALAU.L
30.3%
MWRD.L
14.7%

Basic Materials

ALAU.L
19.7%
MWRD.L
3.8%

Energy

ALAU.L
11.7%
MWRD.L
4.4%

Industrials

ALAU.L
10.8%
MWRD.L
10.6%

Consumer Defensive

ALAU.L
9.9%
MWRD.L
6.7%

Utilities

ALAU.L
8.5%
MWRD.L
2.4%

Communication Services

ALAU.L
4.0%
MWRD.L
7.5%

Consumer Cyclical

ALAU.L
1.6%
MWRD.L
10.5%

Real Estate

ALAU.L
1.6%
MWRD.L
2.4%

Healthcare

ALAU.L
1.4%
MWRD.L
12.4%

Technology

ALAU.L
0.7%
MWRD.L
24.7%

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Amundi MSCI Em Latin America

Amundi Index MSCI World

Often compared with ALAU.L:
ALAU.L vs. ALAG.LALAU.L vs. 100D.LALAU.L vs. FVUB.LALAU.L vs. XMLA.LALAU.L vs. XMBR.LALAU.L vs. DLTM.LALAU.L vs. LTAM.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

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

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.
ALAU.L
ALAU.L Risk / Return Rank: 5555
Overall Rank
ALAU.L Sharpe Ratio Rank: 5555
Sharpe Ratio Rank
ALAU.L Sortino Ratio Rank: 5454
Sortino Ratio Rank
ALAU.L Omega Ratio Rank: 5252
Omega Ratio Rank
ALAU.L Calmar Ratio Rank: 6464
Calmar Ratio Rank
ALAU.L Martin Ratio Rank: 5252
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.

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

This table presents a comparison of risk-adjusted performance metrics for Amundi MSCI Em Latin America (ALAU.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.

ALAU.LMWRD.LDifference
Sharpe ratioReturn per unit of total volatility
1.85

—

—

Sortino ratioReturn per unit of downside risk
2.55

—

—

Omega ratioGain probability vs. loss probability

1.32

—

—

Calmar ratioReturn relative to maximum drawdown

3.12

—

—

Martin ratioReturn relative to average drawdown

8.71

—

—

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

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

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Sharpe Ratios by Period

ALAU.LMWRD.LDifference

Sharpe Ratio (1Y)

Calculated over the trailing 1-year period

1.85

—

—

Sharpe Ratio (5Y)

Calculated over the trailing 5-year period

0.59

—

—

Sharpe Ratio (10Y)

Calculated over the trailing 10-year period

0.46

—

—

Sharpe Ratio (All Time)

Calculated using the full available price history

0.47

—

—

Drawdowns

ALAU.L vs. MWRD.L - Drawdown Comparison

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Drawdown Indicators

ALAU.LMWRD.LDifference

Max Drawdown

Largest peak-to-trough decline

-51.94%

—

—

Max Drawdown (1Y)

Largest decline over 1 year

-11.90%

—

—

Max Drawdown (3Y)

Largest decline over 3 years

-27.25%

—

—

Max Drawdown (5Y)

Largest decline over 5 years

-27.25%

—

—

Max Drawdown (10Y)

Largest decline over 10 years

-51.94%

—

—

Current Drawdown

Current decline from peak

-11.90%

—

—

Average Drawdown

Average peak-to-trough decline

-11.55%

—

—

Ulcer Index

Depth and duration of drawdowns from previous peaks

4.27%

—

—

Volatility

ALAU.L vs. MWRD.L - Volatility Comparison

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Volatility by Period

ALAU.LMWRD.LDifference

Volatility (1M)

Calculated over the trailing 1-month period

5.96%

—

—

Volatility (6M)

Calculated over the trailing 6-month period

17.19%

—

—

Volatility (1Y)

Calculated over the trailing 1-year period

20.13%

—

—

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

30.18%

—

—

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

45.65%

—

—

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

ALAU.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

ALAU.L vs. MWRD.L - Dividend Comparison

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

Tickers have no history of dividend payments

Frequently Asked Questions

ALAU.L and MWRD.L have a correlation of 0.13, 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 ALAU.L.

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

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