AW1H.DE vs. FTGE.DE
AW1H.DE (UBS ETF (IE) MSCI EMU ESG Universal Low Carbon Select UCITS ETF (EUR) Acc) and FTGE.DE (First Trust Eurozone AlphaDEX UCITS ETF Acc) are both Europe Equities funds - AW1H.DE tracks the MSCI EMU ESG Universal Low Carbon Select 5% Issuer Capped while FTGE.DE tracks the Nasdaq AlphaDEX® Eurozone. Both are passively managed. Over the past 3 years, AW1H.DE returned 15.67%/yr vs 22.56%/yr for FTGE.DE. Their correlation of 0.88 suggests significant overlap in exposure. AW1H.DE charges 0.12%/yr vs 0.65%/yr for FTGE.DE.
Performance
AW1H.DE vs. FTGE.DE - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, AW1H.DE achieves a 7.82% return, which is significantly lower than FTGE.DE's 13.73% return.
AW1H.DE
- 1D
- 0.38%
- 1M
- 2.09%
- YTD
- 7.82%
- 6M
- 9.94%
- 1Y
- 17.02%
- 3Y*
- 15.67%
- 5Y*
- —
- 10Y*
- —
FTGE.DE
- 1D
- 0.51%
- 1M
- 0.87%
- YTD
- 13.73%
- 6M
- 16.65%
- 1Y
- 29.62%
- 3Y*
- 22.56%
- 5Y*
- 11.59%
- 10Y*
- —
AW1H.DE vs. FTGE.DE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|---|---|
AW1H.DE UBS ETF (IE) MSCI EMU ESG Universal Low Carbon Select UCITS ETF (EUR) Acc | 7.82% | 23.67% | 10.99% | 18.33% | -14.28% | 2.74% |
FTGE.DE First Trust Eurozone AlphaDEX UCITS ETF Acc | 13.73% | 39.79% | 9.52% | 12.43% | -14.37% | 1.73% |
Correlation
The correlation between AW1H.DE and FTGE.DE is 0.88, indicating a strong positive relationship between their price movements. Combining them offers limited diversification - they tend to fall together during downturns.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.88 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.85 |
Correlation (All Time) Calculated using the full available price history since Aug 9, 2021 | 0.88 |
The correlation between AW1H.DE and FTGE.DE has been stable across timeframes, ranging from 0.85 to 0.88 - a consistent structural relationship.
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
AW1H.DE vs. FTGE.DE — Risk / Return Rank
AW1H.DE
FTGE.DE
AW1H.DE vs. FTGE.DE - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for UBS ETF (IE) MSCI EMU ESG Universal Low Carbon Select UCITS ETF (EUR) Acc (AW1H.DE) and First Trust Eurozone AlphaDEX UCITS ETF Acc (FTGE.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.
| AW1H.DE | FTGE.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.99 | ||
| Sortino ratioReturn per unit of downside risk | -1.18 | ||
| Omega ratioGain probability vs. loss probability | 1.22 | 1.40 | -0.18 |
| Calmar ratioReturn relative to maximum drawdown | 1.60 | 3.27 | -1.68 |
| Martin ratioReturn relative to average drawdown | 5.86 | 12.30 | -6.44 |
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
| AW1H.DE | FTGE.DE | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.17 | 2.16 | -0.99 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | — | 0.65 | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.56 | 0.88 | -0.33 |
Drawdowns
AW1H.DE vs. FTGE.DE - Drawdown Comparison
The maximum AW1H.DE drawdown since its inception was -26.23%, roughly equal to the maximum FTGE.DE drawdown of -26.63%. Use the drawdown chart below to compare losses from any high point for AW1H.DE and FTGE.DE.
Loading charts...
Drawdown Indicators
| AW1H.DE | FTGE.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -26.23% | -26.63% | +0.40% |
Max Drawdown (1Y)Largest decline over 1 year | -10.92% | -9.38% | -1.54% |
Max Drawdown (3Y)Largest decline over 3 years | -15.54% | -16.12% | +0.58% |
Max Drawdown (5Y)Largest decline over 5 years | — | -26.63% | — |
Current DrawdownCurrent decline from peak | -0.81% | 0.00% | -0.81% |
Average DrawdownAverage peak-to-trough decline | -5.74% | -5.40% | -0.34% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.98% | 2.50% | +0.48% |
Volatility
AW1H.DE vs. FTGE.DE - Volatility Comparison
UBS ETF (IE) MSCI EMU ESG Universal Low Carbon Select UCITS ETF (EUR) Acc (AW1H.DE) has a higher volatility of 4.49% compared to First Trust Eurozone AlphaDEX UCITS ETF Acc (FTGE.DE) at 3.83%. This indicates that AW1H.DE's price experiences larger fluctuations and is considered to be riskier than FTGE.DE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| AW1H.DE | FTGE.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 4.49% | 3.83% | +0.66% |
Volatility (6M)Calculated over the trailing 6-month period | 12.32% | 11.63% | +0.69% |
Volatility (1Y)Calculated over the trailing 1-year period | 14.97% | 14.23% | +0.74% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 16.76% | 17.58% | -0.82% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 16.76% | 18.41% | -1.65% |
AW1H.DE vs. FTGE.DE - Expense Ratio Comparison
AW1H.DE has a 0.12% expense ratio, which is lower than FTGE.DE's 0.65% expense ratio.
Dividends
AW1H.DE vs. FTGE.DE - Dividend Comparison
Neither AW1H.DE nor FTGE.DE has paid dividends to shareholders.
Frequently Asked Questions
AW1H.DE and FTGE.DE have a correlation of 0.88, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, AW1H.DE is cheaper at 0.12% per year. The better choice depends on whether you care most about return, fees, risk, or income.
AW1H.DE is cheaper with a 0.12% expense ratio, compared with 0.65% for FTGE.DE.
AW1H.DE tracks MSCI EMU ESG Universal Low Carbon Select 5% Issuer Capped, while FTGE.DE tracks Nasdaq AlphaDEX® Eurozone. They also come from different issuers: UBS and First Trust. Their fees differ too: 0.12% for AW1H.DE and 0.65% for FTGE.DE.
Find the right allocation for AW1H.DE and FTGE.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