CNSG.L vs. WRDA.L
CNSG.L (UBS ETF (LU) MSCI China ESG Universal Low Carbon Select UCITS ETF (USD) A-dis) and WRDA.L (UBS Core MSCI World UCITS ETF USD Acc) are both exchange-traded funds - CNSG.L is a China Equities fund tracking the MSCI China NR USD, while WRDA.L is a Global Equities fund tracking the MSCI World Index. Both are passively managed. Over the past year, CNSG.L returned 3.32% vs 27.42% for WRDA.L. At a 0.30 correlation, their price movements are largely independent. CNSG.L charges 0.45%/yr vs 0.06%/yr for WRDA.L.
Performance
CNSG.L vs. WRDA.L - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, CNSG.L achieves a -4.82% return, which is significantly lower than WRDA.L's 10.16% return.
CNSG.L
- 1D
- -1.91%
- 1M
- -0.52%
- YTD
- -4.82%
- 6M
- -6.30%
- 1Y
- 3.32%
- 3Y*
- 4.77%
- 5Y*
- -5.51%
- 10Y*
- —
WRDA.L
- 1D
- 0.07%
- 1M
- 5.13%
- YTD
- 10.16%
- 6M
- 10.42%
- 1Y
- 27.42%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
CNSG.L vs. WRDA.L - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | |
|---|---|---|---|
CNSG.L UBS ETF (LU) MSCI China ESG Universal Low Carbon Select UCITS ETF (USD) A-dis | -4.82% | 15.02% | 33.80% |
WRDA.L UBS Core MSCI World UCITS ETF USD Acc | 10.16% | 12.77% | 20.02% |
Correlation
The correlation between CNSG.L and WRDA.L is 0.38, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.38 |
Correlation (All Time) Calculated using the full available price history since Feb 2, 2024 | 0.30 |
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
CNSG.L vs. WRDA.L — Risk / Return Rank
CNSG.L
WRDA.L
CNSG.L vs. WRDA.L - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for UBS ETF (LU) MSCI China ESG Universal Low Carbon Select UCITS ETF (USD) A-dis (CNSG.L) and UBS Core MSCI World UCITS ETF USD Acc (WRDA.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.
| CNSG.L | WRDA.L | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -2.43 | ||
| Sortino ratioReturn per unit of downside risk | -3.22 | ||
| Omega ratioGain probability vs. loss probability | 1.06 | 1.52 | -0.46 |
| Calmar ratioReturn relative to maximum drawdown | 0.34 | 4.18 | -3.84 |
| Martin ratioReturn relative to average drawdown | 0.73 | 16.68 | -15.95 |
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
| CNSG.L | WRDA.L | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 0.29 | 2.72 | -2.43 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | -0.21 | — | — |
Sharpe Ratio (All Time)Calculated using the full available price history | -0.03 | 1.51 | -1.54 |
Drawdowns
CNSG.L vs. WRDA.L - Drawdown Comparison
The maximum CNSG.L drawdown since its inception was -57.38%, which is greater than WRDA.L's maximum drawdown of -18.38%. Use the drawdown chart below to compare losses from any high point for CNSG.L and WRDA.L.
Loading charts...
Drawdown Indicators
| CNSG.L | WRDA.L | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -57.38% | -18.38% | -39.00% |
Max Drawdown (1Y)Largest decline over 1 year | -14.08% | -6.53% | -7.55% |
Max Drawdown (3Y)Largest decline over 3 years | -27.72% | — | — |
Max Drawdown (5Y)Largest decline over 5 years | -51.82% | — | — |
Current DrawdownCurrent decline from peak | -36.10% | -0.12% | -35.98% |
Average DrawdownAverage peak-to-trough decline | -30.15% | -2.27% | -27.88% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 6.56% | 1.64% | +4.92% |
Volatility
CNSG.L vs. WRDA.L - Volatility Comparison
UBS ETF (LU) MSCI China ESG Universal Low Carbon Select UCITS ETF (USD) A-dis (CNSG.L) has a higher volatility of 6.07% compared to UBS Core MSCI World UCITS ETF USD Acc (WRDA.L) at 2.49%. This indicates that CNSG.L's price experiences larger fluctuations and is considered to be riskier than WRDA.L based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| CNSG.L | WRDA.L | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 6.07% | 2.49% | +3.58% |
Volatility (6M)Calculated over the trailing 6-month period | 11.61% | 7.16% | +4.45% |
Volatility (1Y)Calculated over the trailing 1-year period | 16.73% | 10.03% | +6.70% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 26.90% | 12.34% | +14.56% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 25.84% | 12.34% | +13.50% |
CNSG.L vs. WRDA.L - Expense Ratio Comparison
CNSG.L has a 0.45% expense ratio, which is higher than WRDA.L's 0.06% expense ratio.
Dividends
CNSG.L vs. WRDA.L - Dividend Comparison
Neither CNSG.L nor WRDA.L has paid dividends to shareholders.
Frequently Asked Questions
CNSG.L and WRDA.L have a correlation of 0.38, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, WRDA.L is cheaper at 0.06% per year. The better choice depends on whether you care most about return, fees, risk, or income.
WRDA.L is cheaper with a 0.06% expense ratio, compared with 0.45% for CNSG.L.
CNSG.L is categorized as China Equities, while WRDA.L is Global Equities. CNSG.L tracks MSCI China NR USD, while WRDA.L tracks MSCI World Index. Their fees differ too: 0.45% for CNSG.L and 0.06% for WRDA.L.
Find the right allocation for CNSG.L and WRDA.L
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