AW14.DE vs. IQQ0.DE
AW14.DE (UBS ETF (IE) MSCI ACWI Climate Paris Aligned UCITS ETF (USD) Acc) and IQQ0.DE (iShares Edge MSCI World Minimum Volatility UCITS ETF USD (Acc)) are both Global Equities funds - AW14.DE tracks the MSCI ACWI Climate Paris Aligned while IQQ0.DE tracks the MSCI World Minimum Volatility. Both are passively managed. Over the past 3 years, AW14.DE returned 15.68%/yr vs 6.35%/yr for IQQ0.DE. A 0.60 correlation means they provide meaningful diversification when combined. AW14.DE charges 0.18%/yr vs 0.30%/yr for IQQ0.DE.
Performance
AW14.DE vs. IQQ0.DE - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, AW14.DE achieves a 9.78% return, which is significantly higher than IQQ0.DE's 1.59% return.
AW14.DE
- 1D
- 0.15%
- 1M
- 3.26%
- YTD
- 9.78%
- 6M
- 9.52%
- 1Y
- 21.86%
- 3Y*
- 15.68%
- 5Y*
- —
- 10Y*
- —
IQQ0.DE
- 1D
- -0.02%
- 1M
- 1.81%
- YTD
- 1.59%
- 6M
- 1.63%
- 1Y
- 0.25%
- 3Y*
- 6.35%
- 5Y*
- 6.14%
- 10Y*
- 6.81%
AW14.DE vs. IQQ0.DE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|---|---|
AW14.DE UBS ETF (IE) MSCI ACWI Climate Paris Aligned UCITS ETF (USD) Acc | 9.78% | 6.83% | 23.93% | 18.70% | -16.33% | 8.05% |
IQQ0.DE iShares Edge MSCI World Minimum Volatility UCITS ETF USD (Acc) | 1.59% | -1.26% | 17.64% | 3.73% | -4.34% | 7.45% |
Correlation
The correlation between AW14.DE and IQQ0.DE is 0.32, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.32 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.48 |
Correlation (All Time) Calculated using the full available price history since Aug 10, 2021 | 0.60 |
Over the past year, the correlation between AW14.DE and IQQ0.DE has dropped to 0.32 - well below their long-term average of 0.60, suggesting their price drivers have been diverging.
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Return for Risk
AW14.DE vs. IQQ0.DE — Risk / Return Rank
AW14.DE
IQQ0.DE
AW14.DE vs. IQQ0.DE - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for UBS ETF (IE) MSCI ACWI Climate Paris Aligned UCITS ETF (USD) Acc (AW14.DE) and iShares Edge MSCI World Minimum Volatility UCITS ETF USD (Acc) (IQQ0.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.
| AW14.DE | IQQ0.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +1.90 | ||
| Sortino ratioReturn per unit of downside risk | +2.63 | ||
| Omega ratioGain probability vs. loss probability | 1.35 | 1.00 | +0.35 |
| Calmar ratioReturn relative to maximum drawdown | 2.69 | -0.05 | +2.74 |
| Martin ratioReturn relative to average drawdown | 10.31 | -0.12 | +10.43 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
Loading charts...
Sharpe Ratios by Period
| AW14.DE | IQQ0.DE | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.86 | -0.04 | +1.90 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | — | 0.60 | — |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | — | 0.58 | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.66 | 0.76 | -0.10 |
Drawdowns
AW14.DE vs. IQQ0.DE - Drawdown Comparison
The maximum AW14.DE drawdown since its inception was -21.21%, smaller than the maximum IQQ0.DE drawdown of -28.65%. Use the drawdown chart below to compare losses from any high point for AW14.DE and IQQ0.DE.
Loading charts...
Drawdown Indicators
| AW14.DE | IQQ0.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -21.21% | -28.65% | +7.44% |
Max Drawdown (1Y)Largest decline over 1 year | -8.23% | -5.22% | -3.01% |
Max Drawdown (3Y)Largest decline over 3 years | -21.21% | -12.82% | -8.39% |
Max Drawdown (5Y)Largest decline over 5 years | — | -12.82% | — |
Max Drawdown (10Y)Largest decline over 10 years | — | -28.65% | — |
Current DrawdownCurrent decline from peak | -0.48% | -6.65% | +6.17% |
Average DrawdownAverage peak-to-trough decline | -5.50% | -4.54% | -0.96% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.15% | 2.44% | -0.29% |
Volatility
AW14.DE vs. IQQ0.DE - Volatility Comparison
UBS ETF (IE) MSCI ACWI Climate Paris Aligned UCITS ETF (USD) Acc (AW14.DE) has a higher volatility of 3.25% compared to iShares Edge MSCI World Minimum Volatility UCITS ETF USD (Acc) (IQQ0.DE) at 2.53%. This indicates that AW14.DE's price experiences larger fluctuations and is considered to be riskier than IQQ0.DE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| AW14.DE | IQQ0.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 3.25% | 2.53% | +0.72% |
Volatility (6M)Calculated over the trailing 6-month period | 8.42% | 5.36% | +3.06% |
Volatility (1Y)Calculated over the trailing 1-year period | 11.90% | 7.78% | +4.12% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 14.39% | 10.08% | +4.31% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 14.39% | 11.62% | +2.77% |
AW14.DE vs. IQQ0.DE - Expense Ratio Comparison
AW14.DE has a 0.18% expense ratio, which is lower than IQQ0.DE's 0.30% expense ratio.
Dividends
AW14.DE vs. IQQ0.DE - Dividend Comparison
Neither AW14.DE nor IQQ0.DE has paid dividends to shareholders.
Frequently Asked Questions
AW14.DE and IQQ0.DE have a correlation of 0.32, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, AW14.DE is cheaper at 0.18% per year. The better choice depends on whether you care most about return, fees, risk, or income.
AW14.DE is cheaper with a 0.18% expense ratio, compared with 0.30% for IQQ0.DE.
AW14.DE tracks MSCI ACWI Climate Paris Aligned, while IQQ0.DE tracks MSCI World Minimum Volatility. They also come from different issuers: UBS and iShares. Their fees differ too: 0.18% for AW14.DE and 0.30% for IQQ0.DE.
Find the right allocation for AW14.DE and IQQ0.DE
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