CP9U.L vs. CP9G.L

Last updated Jun 5, 2026

CP9U.L (Amundi MSCI Pacific ex Japan UCITS DR) and CP9G.L (Amundi MSCI Pacific ex Japan UCITS DR) are both Asia Pacific Equities funds from Amundi tracking the MSCI Pacific Ex Japan NR USD. Both are passively managed. Over the past 5 years, CP9U.L returned 0.78%/yr vs 0.78%/yr for CP9G.L. At a 0.47 correlation, their price movements are largely independent. Both charge a 0.35% expense ratio.

Performance

CP9U.L vs. CP9G.L - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Amundi MSCI Pacific ex Japan UCITS DR (CP9U.L) and Amundi MSCI Pacific ex Japan UCITS DR (CP9G.L). The values are adjusted to include any dividend payments, if applicable.

Different Trading Currencies

CP9U.L is traded in USD, while CP9G.L is traded in GBp. To make them comparable, the CP9G.L values have been converted to USD using the latest available exchange rates.

Returns By Period

The year-to-date returns for both stocks are quite close, with CP9U.L having a 1.91% return and CP9G.L slightly lower at 1.87%.

CP9U.L

• 1D: -0.60%
• 1M: -4.41%
• YTD: 1.91%
• 6M: 2.27%
• 1Y: 3.21%
• 3Y*: 5.39%
• 5Y*: 0.78%
• 10Y*: —

CP9G.L

• 1D: -0.56%
• 1M: -4.06%
• YTD: 1.87%
• 6M: 2.86%
• 1Y: 3.19%
• 3Y*: 5.55%
• 5Y*: 0.78%
• 10Y*: 4.80%

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

CP9U.L vs. CP9G.L - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019
CP9U.L Amundi MSCI Pacific ex Japan UCITS DR	1.91%	12.86%	-0.05%	5.20%	-12.47%	7.60%	1.98%	8.52%
CP9G.L Amundi MSCI Pacific ex Japan UCITS DR	1.87%	13.88%	-0.83%	4.68%	-11.95%	5.79%	3.56%	8.31%

Correlation

The correlation between CP9U.L and CP9G.L is 0.71, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.71
Correlation (3Y) Calculated over the trailing 3-year period	0.61
Correlation (5Y) Calculated over the trailing 5-year period	0.52
Correlation (All Time) Calculated using the full available price history since Aug 7, 2019	0.47

Over the past year, CP9U.L and CP9G.L have become more correlated (0.71) than their long-term average of 0.47, meaning their price movements have been converging.

CP9U.L vs. CP9G.L - Sectors Allocation Comparison

Sectors	CP9U.L	CP9G.L
Financial Services	48.0%	48.0%
Real Estate	12.3%	12.3%
Industrials	11.3%	11.3%
Basic Materials	10.4%	10.4%
Healthcare	4.7%	4.7%
Consumer Cyclical	3.9%	3.9%
Consumer Defensive	3.1%	3.1%
Communication Services	2.5%	2.5%
Technology	2.2%	2.2%
Utilities	1.6%	1.6%
Energy	-	-

Return for Risk

CP9U.L vs. CP9G.L — Risk / Return Rank

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

CP9U.L

CP9U.L Risk / Return Rank: 13
CP9U.L Sharpe Ratio Rank: 12
CP9U.L Sortino Ratio Rank: 12
CP9U.L Omega Ratio Rank: 12
CP9U.L Calmar Ratio Rank: 13
CP9U.L Martin Ratio Rank: 14

CP9G.L

CP9G.L Risk / Return Rank: 15
CP9G.L Sharpe Ratio Rank: 14
CP9G.L Sortino Ratio Rank: 14
CP9G.L Omega Ratio Rank: 14
CP9G.L Calmar Ratio Rank: 15
CP9G.L Martin Ratio Rank: 16

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.

CP9U.L vs. CP9G.L - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Amundi MSCI Pacific ex Japan UCITS DR (CP9U.L) and Amundi MSCI Pacific ex Japan UCITS DR (CP9G.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.

	CP9U.L	CP9G.L	Difference
Sharpe ratio: Return per unit of total volatility	0.23	0.23	0.00
Sortino ratio: Return per unit of downside risk	0.45	0.45	0.00
Omega ratio: Gain probability vs. loss probability	1.05	1.05	0.00
Calmar ratio: Return relative to maximum drawdown	0.37	0.35	+0.02
Martin ratio: Return relative to average drawdown	1.01	1.03	-0.02
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

CP9U.L vs. CP9G.L - Sharpe Ratio Comparison

The current CP9U.L Sharpe Ratio is 0.23, which is comparable to the CP9G.L Sharpe Ratio of 0.23. The chart below compares the historical Sharpe Ratios of CP9U.L and CP9G.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

	CP9U.L	CP9G.L	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	0.23	0.23	0.00
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.06	0.05	+0.02
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	—	0.28	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.27	0.30	-0.03

Drawdowns

CP9U.L vs. CP9G.L - Drawdown Comparison

The maximum CP9U.L drawdown since its inception was -38.03%, roughly equal to the maximum CP9G.L drawdown of -38.40%. Use the drawdown chart below to compare losses from any high point for CP9U.L and CP9G.L.

Drawdown Indicators

	CP9U.L	CP9G.L	Difference
Max Drawdown Largest peak-to-trough decline	-38.03%	-38.40%	+0.37%
Max Drawdown (1Y) Largest decline over 1 year	-8.58%	-9.00%	+0.42%
Max Drawdown (3Y) Largest decline over 3 years	-19.04%	-19.08%	+0.04%
Max Drawdown (5Y) Largest decline over 5 years	-25.90%	-28.30%	+2.40%
Max Drawdown (10Y) Largest decline over 10 years	—	-38.40%	—
Current Drawdown Current decline from peak	-6.97%	-6.45%	-0.52%
Average Drawdown Average peak-to-trough decline	-7.24%	-7.22%	-0.02%
Ulcer Index Depth and duration of drawdowns from previous peaks	3.18%	3.10%	+0.08%

Volatility

CP9U.L vs. CP9G.L - Volatility Comparison

Amundi MSCI Pacific ex Japan UCITS DR (CP9U.L) has a higher volatility of 4.56% compared to Amundi MSCI Pacific ex Japan UCITS DR (CP9G.L) at 4.18%. This indicates that CP9U.L's price experiences larger fluctuations and is considered to be riskier than CP9G.L based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	CP9U.L	CP9G.L	Difference
Volatility (1M) Calculated over the trailing 1-month period	4.56%	4.18%	+0.38%
Volatility (6M) Calculated over the trailing 6-month period	11.21%	11.34%	-0.13%
Volatility (1Y) Calculated over the trailing 1-year period	13.92%	13.99%	-0.07%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	21.99%	16.71%	+5.28%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	27.12%	17.48%	+9.64%

CP9U.L vs. CP9G.L - Expense Ratio Comparison

Both CP9U.L and CP9G.L have an expense ratio of 0.35%.

Dividends

CP9U.L vs. CP9G.L - Dividend Comparison

Neither CP9U.L nor CP9G.L has paid dividends to shareholders.

Tickers have no history of dividend payments

Frequently Asked Questions

Can I hold both CP9U.L and CP9G.L in my portfolio?

CP9U.L and CP9G.L have a correlation of 0.71, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, CP9U.L or CP9G.L?

Both ETFs have the same 0.35% expense ratio. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, CP9U.L or CP9G.L?

CP9U.L and CP9G.L have the same expense ratio: 0.35% per year.

What is the main difference between CP9U.L and CP9G.L?

Both ETFs track MSCI Pacific Ex Japan NR USD.