CC1U.L vs. MVOL.L

Last updated Jul 18, 2026

CC1U.L (Amundi MSCI China UCITS ETF-C USD) and MVOL.L (iShares Edge MSCI World Minimum Volatility UCITS) are both exchange-traded funds - CC1U.L is a China Equities fund tracking the MSCI China NR USD, while MVOL.L is a Global Equities fund tracking the MSCI ACWI NR USD. Both are passively managed. Over the past 5 years, CC1U.L returned -0.68%/yr vs 5.10%/yr for MVOL.L. At a 0.32 correlation, their price movements are largely independent. CC1U.L charges 0.45%/yr vs 0.35%/yr for MVOL.L.

Performance

CC1U.L vs. MVOL.L - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Amundi MSCI China UCITS ETF-C USD (CC1U.L) and iShares Edge MSCI World Minimum Volatility UCITS (MVOL.L). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, CC1U.L achieves a -11.04% return, which is significantly lower than MVOL.L's 2.60% return.

CC1U.L

• 1D: -3.44%
• 1M: -9.23%
• 6M: -15.95%
• YTD: -11.04%
• 1Y: 4.19%
• 3Y*: 1.46%
• 5Y*: -0.68%
• 10Y*: —

MVOL.L

• 1D: 0.65%
• 1M: 3.64%
• 6M: 2.88%
• YTD: 2.60%
• 1Y: 4.44%
• 3Y*: 9.17%
• 5Y*: 5.10%
• 10Y*: 6.83%

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

CC1U.L vs. MVOL.L - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018
CC1U.L Amundi MSCI China UCITS ETF-C USD	-11.04%	39.49%	1.53%	-11.33%	-9.32%	-3.10%	-1.85%	12.90%	-13.77%
MVOL.L iShares Edge MSCI World Minimum Volatility UCITS	2.60%	11.02%	11.08%	7.28%	-9.62%	14.65%	2.56%	22.56%	-2.18%

Correlation

The correlation between CC1U.L and MVOL.L is 0.09, meaning there is essentially no relationship between their price movements. Each responds to its own set of market drivers, making them strong candidates for combining in a diversified portfolio.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.09
Correlation (3Y) Calculated over the trailing 3-year period	0.12
Correlation (5Y) Calculated over the trailing 5-year period	0.23
Correlation (All Time) Calculated using the full available price history since Jun 18, 2018	0.32

Over the past year, the correlation between CC1U.L and MVOL.L has dropped to 0.09 - well below their long-term average of 0.32, suggesting their price drivers have been diverging.

CC1U.L vs. MVOL.L - Sectors Allocation Comparison

Sectors	CC1U.L	MVOL.L
Technology	29.6%	24.0%
Consumer Cyclical	20.7%	5.2%
Industrials	13.4%	8.9%
Basic Materials	13.0%	0.9%
Communication Services	10.0%	11.4%
Healthcare	6.6%	13.8%
Utilities	3.4%	7.4%
Real Estate	1.5%	1.1%
Financial Services	1.3%	13.1%
Consumer Defensive	0.5%	10.3%
Energy	-	4.0%

Return for Risk

CC1U.L vs. MVOL.L — Risk / Return Rank

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

CC1U.L

CC1U.L Risk / Return Rank: 13
CC1U.L Sharpe Ratio Rank: 14
CC1U.L Sortino Ratio Rank: 13
CC1U.L Omega Ratio Rank: 13
CC1U.L Calmar Ratio Rank: 14
CC1U.L Martin Ratio Rank: 13

MVOL.L

MVOL.L Risk / Return Rank: 20
MVOL.L Sharpe Ratio Rank: 21
MVOL.L Sortino Ratio Rank: 19
MVOL.L Omega Ratio Rank: 19
MVOL.L Calmar Ratio Rank: 22
MVOL.L Martin Ratio Rank: 20

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.

CC1U.L vs. MVOL.L - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Amundi MSCI China UCITS ETF-C USD (CC1U.L) and iShares Edge MSCI World Minimum Volatility UCITS (MVOL.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.

Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.

	CC1U.L	MVOL.L	Difference
Sharpe ratio: Return per unit of total volatility	0.21	0.59	-0.38
Sortino ratio: Return per unit of downside risk	0.47	0.87	-0.41
Omega ratio: Gain probability vs. loss probability	1.06	1.11	-0.05
Calmar ratio: Return relative to maximum drawdown	0.26	0.81	-0.55
Martin ratio: Return relative to average drawdown	0.58	1.76	-1.18

CC1U.L vs. MVOL.L - Sharpe Ratio Comparison

The current CC1U.L Sharpe Ratio is 0.21, which is lower than the MVOL.L Sharpe Ratio of 0.59. The chart below compares the historical Sharpe Ratios of CC1U.L and MVOL.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.

Drawdowns

CC1U.L vs. MVOL.L - Drawdown Comparison

The maximum CC1U.L drawdown since its inception was -45.32%, which is greater than MVOL.L's maximum drawdown of -28.82%. Use the drawdown chart below to compare losses from any high point for CC1U.L and MVOL.L.

Drawdown Indicators

	CC1U.L	MVOL.L	Difference
Max Drawdown Largest peak-to-trough decline	-45.32%	-28.82%	-16.50%
Max Drawdown (1Y) Largest decline over 1 year	-20.11%	-5.78%	-14.33%
Max Drawdown (3Y) Largest decline over 3 years	-39.67%	-8.15%	-31.52%
Max Drawdown (5Y) Largest decline over 5 years	-42.25%	-18.52%	-23.73%
Max Drawdown (10Y) Largest decline over 10 years	—	-28.82%	—
Current Drawdown Current decline from peak	-20.11%	-2.01%	-18.10%
Average Drawdown Average peak-to-trough decline	-16.00%	-3.30%	-12.70%
Ulcer Index Depth and duration of drawdowns from previous peaks	8.97%	2.65%	+6.32%

Volatility

CC1U.L vs. MVOL.L - Volatility Comparison

Amundi MSCI China UCITS ETF-C USD (CC1U.L) has a higher volatility of 8.05% compared to iShares Edge MSCI World Minimum Volatility UCITS (MVOL.L) at 2.29%. This indicates that CC1U.L's price experiences larger fluctuations and is considered to be riskier than MVOL.L based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	CC1U.L	MVOL.L	Difference
Volatility (1M) Calculated over the trailing 1-month period	8.05%	2.29%	+5.76%
Volatility (6M) Calculated over the trailing 6-month period	17.05%	6.07%	+10.98%
Volatility (1Y) Calculated over the trailing 1-year period	24.21%	7.87%	+16.34%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	27.38%	10.67%	+16.71%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	25.47%	11.62%	+13.85%

CC1U.L vs. MVOL.L - Expense Ratio Comparison

CC1U.L has a 0.45% expense ratio, which is higher than MVOL.L's 0.35% expense ratio.

Dividends

CC1U.L vs. MVOL.L - Dividend Comparison

Neither CC1U.L nor MVOL.L has paid dividends to shareholders.

Tickers have no history of dividend payments

Frequently Asked Questions

Can I hold both CC1U.L and MVOL.L in my portfolio?

CC1U.L and MVOL.L have a correlation of 0.09, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, CC1U.L or MVOL.L?

On fees, MVOL.L is cheaper at 0.35% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, CC1U.L or MVOL.L?

MVOL.L is cheaper with a 0.35% expense ratio, compared with 0.45% for CC1U.L.

What is the main difference between CC1U.L and MVOL.L?

CC1U.L is categorized as China Equities, while MVOL.L is Global Equities. CC1U.L tracks MSCI China NR USD, while MVOL.L tracks MSCI ACWI NR USD. They also come from different issuers: Amundi and iShares. Their fees differ too: 0.45% for CC1U.L and 0.35% for MVOL.L.