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CS1.L vs. MWRD.L
Performance
Return for Risk
Drawdowns
Volatility
Dividends

CS1.L vs. MWRD.L

Last updated Jun 5, 2026

CS1.L (Amundi ETF MSCI Spain UCITS ETF EUR (C)) and MWRD.L (Amundi Index MSCI World) are both exchange-traded funds - CS1.L is a Europe Equities fund tracking the BME IBEX 35 NR EUR, while MWRD.L is a Global Equities fund tracking the MSCI ACWI NR USD. Both are passively managed. A 0.53 correlation means they provide meaningful diversification when combined. CS1.L charges 0.25%/yr vs 0.08%/yr for MWRD.L.

Performance

CS1.L vs. MWRD.L - Performance Comparison

The chart below illustrates the hypothetical performance of a £10,000 investment in Amundi ETF MSCI Spain UCITS ETF EUR (C) (CS1.L) and Amundi Index MSCI World (MWRD.L). The values are adjusted to include any dividend payments, if applicable.

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Returns By Period

CS1.L

1D
0.91%
1M
3.97%
YTD
6.29%
6M
10.00%
1Y
37.36%
3Y*
30.04%
5Y*
19.41%
10Y*
12.13%

MWRD.L

1D
—
1M
—
YTD
—
6M
—
1Y
—
3Y*
—
5Y*
—
10Y*
—
*Multi-year figures are annualized to reflect compound growth (CAGR)

CS1.L vs. MWRD.L - Yearly Performance Comparison

2026 (YTD)202520242023202220212020201920182017
CS1.L
Amundi ETF MSCI Spain UCITS ETF EUR (C)		6.29%62.63%14.12%24.14%4.89%0.59%-7.48%8.06%-11.27%-2.73%
MWRD.L
Amundi Index MSCI World		0.00%0.00%-1.27%17.50%-9.18%24.39%11.85%23.29%-4.10%6.52%

Correlation

The correlation between CS1.L and MWRD.L is 0.53, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.

Correlation
Correlation (3Y)
Calculated over the trailing 3-year period

0.18

Correlation (5Y)
Calculated over the trailing 5-year period

0.37

Correlation (All Time)
Calculated using the full available price history since Jun 30, 2017

0.53

The correlation between CS1.L and MWRD.L shifts across timeframes, from 0.18 (3 years) to 0.53 (all time), reflecting how their relationship changes across market environments.

CS1.L vs. MWRD.L - Sectors Allocation Comparison

Sectors
CS1.L
MWRD.L

Financial Services

40.3%
14.7%

Utilities

19.0%
2.4%

Industrials

15.8%
10.6%

Consumer Cyclical

10.8%
10.5%

Real Estate

3.3%
2.4%

Technology

3.2%
24.7%

Energy

2.8%
4.4%

Communication Services

2.4%
7.5%

Basic Materials

1.3%
3.8%

Healthcare

0.7%
12.4%

Consumer Defensive

0.3%
6.7%

Financial Services

CS1.L
40.3%
MWRD.L
14.7%

Utilities

CS1.L
19.0%
MWRD.L
2.4%

Industrials

CS1.L
15.8%
MWRD.L
10.6%

Consumer Cyclical

CS1.L
10.8%
MWRD.L
10.5%

Real Estate

CS1.L
3.3%
MWRD.L
2.4%

Technology

CS1.L
3.2%
MWRD.L
24.7%

Energy

CS1.L
2.8%
MWRD.L
4.4%

Communication Services

CS1.L
2.4%
MWRD.L
7.5%

Basic Materials

CS1.L
1.3%
MWRD.L
3.8%

Healthcare

CS1.L
0.7%
MWRD.L
12.4%

Consumer Defensive

CS1.L
0.3%
MWRD.L
6.7%

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Amundi ETF MSCI Spain UCITS ETF EUR (C)

Amundi Index MSCI World

Often compared with CS1.L:
CS1.L vs. VOOCS1.L vs. CSWG.LCS1.L vs. WDEP.LCS1.L vs. EDIV.LCS1.L vs. FEQD.LCS1.L vs. PRUK.LCS1.L vs. EGRW.L
Often compared with MWRD.L:
MWRD.L vs. BRK-BMWRD.L vs. IWDA.ASMWRD.L vs. URTHMWRD.L vs. SWDA.LMWRD.L vs. JEPIMWRD.L vs. ACWIMWRD.L vs. 36BZ.DE

Return for Risk

CS1.L vs. MWRD.L — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.
CS1.L
CS1.L Risk / Return Rank: 7070
Overall Rank
CS1.L Sharpe Ratio Rank: 7272
Sharpe Ratio Rank
CS1.L Sortino Ratio Rank: 6868
Sortino Ratio Rank
CS1.L Omega Ratio Rank: 7171
Omega Ratio Rank
CS1.L Calmar Ratio Rank: 7373
Calmar Ratio Rank
CS1.L Martin Ratio Rank: 6767
Martin Ratio Rank
MWRD.L
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.

CS1.L vs. MWRD.L - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Amundi ETF MSCI Spain UCITS ETF EUR (C) (CS1.L) and Amundi Index MSCI World (MWRD.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.

CS1.LMWRD.LDifference
Sharpe ratioReturn per unit of total volatility
2.30

—

—

Sortino ratioReturn per unit of downside risk
3.07

—

—

Omega ratioGain probability vs. loss probability

1.42

—

—

Calmar ratioReturn relative to maximum drawdown

3.60

—

—

Martin ratioReturn relative to average drawdown

12.14

—

—

Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

CS1.L vs. MWRD.L - Sharpe Ratio Comparison

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Sharpe Ratios by Period

CS1.LMWRD.LDifference

Sharpe Ratio (1Y)

Calculated over the trailing 1-year period

2.30

—

—

Sharpe Ratio (5Y)

Calculated over the trailing 5-year period

1.16

—

—

Sharpe Ratio (10Y)

Calculated over the trailing 10-year period

0.66

—

—

Sharpe Ratio (All Time)

Calculated using the full available price history

0.49

—

—

Drawdowns

CS1.L vs. MWRD.L - Drawdown Comparison

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Drawdown Indicators

CS1.LMWRD.LDifference

Max Drawdown

Largest peak-to-trough decline

-38.87%

—

—

Max Drawdown (1Y)

Largest decline over 1 year

-10.34%

—

—

Max Drawdown (3Y)

Largest decline over 3 years

-10.34%

—

—

Max Drawdown (5Y)

Largest decline over 5 years

-18.82%

—

—

Max Drawdown (10Y)

Largest decline over 10 years

-38.87%

—

—

Current Drawdown

Current decline from peak

-0.98%

—

—

Average Drawdown

Average peak-to-trough decline

-10.34%

—

—

Ulcer Index

Depth and duration of drawdowns from previous peaks

3.07%

—

—

Volatility

CS1.L vs. MWRD.L - Volatility Comparison

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Volatility by Period

CS1.LMWRD.LDifference

Volatility (1M)

Calculated over the trailing 1-month period

4.68%

—

—

Volatility (6M)

Calculated over the trailing 6-month period

13.37%

—

—

Volatility (1Y)

Calculated over the trailing 1-year period

16.14%

—

—

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

16.72%

—

—

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

18.48%

—

—

CS1.L vs. MWRD.L - Expense Ratio Comparison

CS1.L has a 0.25% expense ratio, which is higher than MWRD.L's 0.08% expense ratio. However, both funds are considered low-cost compared to the broader market, where average expense ratios usually range from 0.3% to 0.9%.

Dividends

CS1.L vs. MWRD.L - Dividend Comparison

Neither CS1.L nor MWRD.L has paid dividends to shareholders.

Tickers have no history of dividend payments

Frequently Asked Questions

CS1.L and MWRD.L have a correlation of 0.53, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

On fees, MWRD.L is cheaper at 0.08% per year. The better choice depends on whether you care most about return, fees, risk, or income.

MWRD.L is cheaper with a 0.08% expense ratio, compared with 0.25% for CS1.L.

CS1.L is categorized as Europe Equities, while MWRD.L is Global Equities. CS1.L tracks BME IBEX 35 NR EUR, while MWRD.L tracks MSCI ACWI NR USD. Their fees differ too: 0.25% for CS1.L and 0.08% for MWRD.L.

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