ANXU.L vs. CWEU.L

Last updated Jun 5, 2026

ANXU.L (Amundi Nasdaq-100 UCITS USD) and CWEU.L (Amundi MSCI World Energy UCITS ETF-C USD) are both exchange-traded funds - ANXU.L is a Nasdaq-100 fund tracking the Russell 1000 Growth TR USD, while CWEU.L is a Energy Equities fund tracking the MSCI World/Energy NR USD. Both are passively managed. Over the past 3 years, ANXU.L returned 28.16%/yr vs 11.70%/yr for CWEU.L. At a 0.07 correlation, their price movements are largely independent. ANXU.L charges 0.13%/yr vs 0.25%/yr for CWEU.L.

Performance

ANXU.L vs. CWEU.L - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Amundi Nasdaq-100 UCITS USD (ANXU.L) and Amundi MSCI World Energy UCITS ETF-C USD (CWEU.L). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, ANXU.L achieves a 19.66% return, which is significantly lower than CWEU.L's 30.88% return.

ANXU.L

• 1D: -0.70%
• 1M: 6.79%
• YTD: 19.66%
• 6M: 18.74%
• 1Y: 39.57%
• 3Y*: 28.16%
• 5Y*: 17.78%
• 10Y*: 21.70%

CWEU.L

• 1D: -1.33%
• 1M: 1.33%
• YTD: 30.88%
• 6M: 30.31%
• 1Y: 55.21%
• 3Y*: 11.70%
• 5Y*: —
• 10Y*: —

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

ANXU.L vs. CWEU.L - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021
ANXU.L Amundi Nasdaq-100 UCITS USD	19.66%	19.86%	26.74%	56.50%	-33.24%	22.09%
CWEU.L Amundi MSCI World Energy UCITS ETF-C USD	30.88%	26.39%	-20.71%	2.18%	45.18%	9.29%

Correlation

The correlation between ANXU.L and CWEU.L is 0.12, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.12
Correlation (3Y) Calculated over the trailing 3-year period	0.12
Correlation (5Y) Calculated over the trailing 5-year period	0.07
Correlation (All Time) Calculated using the full available price history since May 5, 2021	0.07

ANXU.L vs. CWEU.L - Sectors Allocation Comparison

Sectors	ANXU.L	CWEU.L
Technology	53.7%	0.4%
Communication Services	15.8%	-
Consumer Cyclical	12.2%	-
Consumer Defensive	7.7%	12.8%
Healthcare	4.2%	-
Industrials	3.1%	14.0%
Utilities	1.4%	6.8%
Basic Materials	1.1%	17.7%
Energy	0.6%	48.3%
Financial Services	0.2%	-
Real Estate	0.1%	-

Return for Risk

ANXU.L vs. CWEU.L — Risk / Return Rank

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

ANXU.L

ANXU.L Risk / Return Rank: 76
ANXU.L Sharpe Ratio Rank: 79
ANXU.L Sortino Ratio Rank: 79
ANXU.L Omega Ratio Rank: 75
ANXU.L Calmar Ratio Rank: 74
ANXU.L Martin Ratio Rank: 71

CWEU.L

CWEU.L Risk / Return Rank: 93
CWEU.L Sharpe Ratio Rank: 92
CWEU.L Sortino Ratio Rank: 92
CWEU.L Omega Ratio Rank: 89
CWEU.L Calmar Ratio Rank: 95
CWEU.L Martin Ratio Rank: 94

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.

ANXU.L vs. CWEU.L - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Amundi Nasdaq-100 UCITS USD (ANXU.L) and Amundi MSCI World Energy UCITS ETF-C USD (CWEU.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.

	ANXU.L	CWEU.L	Difference
Sharpe ratio: Return per unit of total volatility	2.54	3.26	-0.73
Sortino ratio: Return per unit of downside risk	3.51	4.45	-0.95
Omega ratio: Gain probability vs. loss probability	1.44	1.55	-0.12
Calmar ratio: Return relative to maximum drawdown	3.66	8.35	-4.69
Martin ratio: Return relative to average drawdown	13.14	27.38	-14.24
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

ANXU.L vs. CWEU.L - Sharpe Ratio Comparison

The current ANXU.L Sharpe Ratio is 2.54, which is comparable to the CWEU.L Sharpe Ratio of 3.26. The chart below compares the historical Sharpe Ratios of ANXU.L and CWEU.L, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Sharpe Ratios by Period

	ANXU.L	CWEU.L	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	2.54	3.26	-0.73
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.86	—	—
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	1.17	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	1.19	1.22	-0.03

Drawdowns

ANXU.L vs. CWEU.L - Drawdown Comparison

The maximum ANXU.L drawdown since its inception was -35.13%, which is greater than CWEU.L's maximum drawdown of -29.78%. Use the drawdown chart below to compare losses from any high point for ANXU.L and CWEU.L.

Drawdown Indicators

	ANXU.L	CWEU.L	Difference
Max Drawdown Largest peak-to-trough decline	-35.13%	-29.78%	-5.35%
Max Drawdown (1Y) Largest decline over 1 year	-11.01%	-6.56%	-4.45%
Max Drawdown (3Y) Largest decline over 3 years	-22.45%	-27.62%	+5.17%
Max Drawdown (5Y) Largest decline over 5 years	-35.13%	—	—
Max Drawdown (10Y) Largest decline over 10 years	-35.13%	—	—
Current Drawdown Current decline from peak	-0.77%	-1.86%	+1.09%
Average Drawdown Average peak-to-trough decline	-5.77%	-8.51%	+2.74%
Ulcer Index Depth and duration of drawdowns from previous peaks	3.08%	2.01%	+1.07%

Volatility

ANXU.L vs. CWEU.L - Volatility Comparison

The current volatility for Amundi Nasdaq-100 UCITS USD (ANXU.L) is 5.03%, while Amundi MSCI World Energy UCITS ETF-C USD (CWEU.L) has a volatility of 5.96%. This indicates that ANXU.L experiences smaller price fluctuations and is considered to be less risky than CWEU.L based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	ANXU.L	CWEU.L	Difference
Volatility (1M) Calculated over the trailing 1-month period	5.03%	5.96%	-0.93%
Volatility (6M) Calculated over the trailing 6-month period	11.93%	12.82%	-0.89%
Volatility (1Y) Calculated over the trailing 1-year period	15.91%	16.80%	-0.89%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	20.79%	35.73%	-14.94%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	21.15%	35.73%	-14.58%

ANXU.L vs. CWEU.L - Expense Ratio Comparison

ANXU.L has a 0.13% expense ratio, which is lower than CWEU.L's 0.25% expense ratio. Despite the difference, both funds are considered low-cost compared to the broader market, where average expense ratios usually range from 0.3% to 0.9%.

Dividends

ANXU.L vs. CWEU.L - Dividend Comparison

Neither ANXU.L nor CWEU.L has paid dividends to shareholders.

Tickers have no history of dividend payments

Frequently Asked Questions

Can I hold both ANXU.L and CWEU.L in my portfolio?

ANXU.L and CWEU.L have a correlation of 0.12, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, ANXU.L or CWEU.L?

On fees, ANXU.L is cheaper at 0.13% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, ANXU.L or CWEU.L?

ANXU.L is cheaper with a 0.13% expense ratio, compared with 0.25% for CWEU.L.

What is the main difference between ANXU.L and CWEU.L?

ANXU.L is categorized as Nasdaq-100, while CWEU.L is Energy Equities. ANXU.L tracks Russell 1000 Growth TR USD, while CWEU.L tracks MSCI World/Energy NR USD. Their fees differ too: 0.13% for ANXU.L and 0.25% for CWEU.L.