CSH2.L vs. PACW.L
CSH2.L (Lyxor Smart Overnight Return UCITS ETF C-GBP) and PACW.L (Amundi Prime All Country World UCITS ETF Income) are both exchange-traded funds - CSH2.L is a Money Market fund actively managed by Amundi, while PACW.L is a Global Equities fund tracking the Solactive GBS Global Markets Large & Mid Cap Index. CSH2.L is actively managed, while PACW.L is passively managed. Over the past year, CSH2.L returned 4.37% vs 30.63% for PACW.L. At a 0.00 correlation, their price movements are largely independent. Both charge a 0.07% expense ratio.
Performance
CSH2.L vs. PACW.L - Performance Comparison
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Different Trading Currencies
CSH2.L is traded in GBp, while PACW.L is traded in GBP. To make them comparable, the PACW.L values have been converted to GBp using the latest available exchange rates.
Returns By Period
In the year-to-date period, CSH2.L achieves a 1.71% return, which is significantly lower than PACW.L's 11.96% return.
CSH2.L
- 1D
- 0.01%
- 1M
- 0.35%
- YTD
- 1.71%
- 6M
- 2.09%
- 1Y
- 4.37%
- 3Y*
- 4.99%
- 5Y*
- 3.65%
- 10Y*
- 2.07%
PACW.L
- 1D
- -0.43%
- 1M
- 5.84%
- YTD
- 11.96%
- 6M
- 12.58%
- 1Y
- 30.63%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
CSH2.L vs. PACW.L - Yearly Performance Comparison
| 2026 (YTD) | 2025 | |
|---|---|---|
CSH2.L Lyxor Smart Overnight Return UCITS ETF C-GBP | 1.71% | 4.00% |
PACW.L Amundi Prime All Country World UCITS ETF Income | 11.96% | 9.58% |
Correlation
The correlation between CSH2.L and PACW.L is -0.00, 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 | -0.00 |
Correlation (All Time) Calculated using the full available price history since Feb 19, 2025 | 0.00 |
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Return for Risk
CSH2.L vs. PACW.L — Risk / Return Rank
CSH2.L
PACW.L
CSH2.L vs. PACW.L - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Lyxor Smart Overnight Return UCITS ETF C-GBP (CSH2.L) and Amundi Prime All Country World UCITS ETF Income (PACW.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.
| CSH2.L | PACW.L | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +5.11 | ||
| Sortino ratioReturn per unit of downside risk | +11.05 | ||
| Omega ratioGain probability vs. loss probability | 4.37 | 1.56 | +2.81 |
| Calmar ratioReturn relative to maximum drawdown | 27.61 | 4.32 | +23.29 |
| Martin ratioReturn relative to average drawdown | 158.77 | 17.62 | +141.15 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| CSH2.L | PACW.L | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 8.04 | 2.93 | +5.11 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 6.48 | — | — |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 4.68 | — | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 4.61 | 1.24 | +3.37 |
Drawdowns
CSH2.L vs. PACW.L - Drawdown Comparison
The maximum CSH2.L drawdown since its inception was -0.37%, smaller than the maximum PACW.L drawdown of -17.68%. Use the drawdown chart below to compare losses from any high point for CSH2.L and PACW.L.
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Drawdown Indicators
| CSH2.L | PACW.L | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -0.37% | -17.68% | +17.31% |
Max Drawdown (1Y)Largest decline over 1 year | -0.16% | -7.06% | +6.90% |
Max Drawdown (3Y)Largest decline over 3 years | -0.29% | — | — |
Max Drawdown (5Y)Largest decline over 5 years | -0.29% | — | — |
Max Drawdown (10Y)Largest decline over 10 years | -0.37% | — | — |
Current DrawdownCurrent decline from peak | 0.00% | -0.43% | +0.43% |
Average DrawdownAverage peak-to-trough decline | -0.00% | -3.03% | +3.03% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 0.03% | 1.73% | -1.70% |
Volatility
CSH2.L vs. PACW.L - Volatility Comparison
The current volatility for Lyxor Smart Overnight Return UCITS ETF C-GBP (CSH2.L) is 0.08%, while Amundi Prime All Country World UCITS ETF Income (PACW.L) has a volatility of 2.93%. This indicates that CSH2.L experiences smaller price fluctuations and is considered to be less risky than PACW.L based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| CSH2.L | PACW.L | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 0.08% | 2.93% | -2.85% |
Volatility (6M)Calculated over the trailing 6-month period | 0.25% | 7.75% | -7.50% |
Volatility (1Y)Calculated over the trailing 1-year period | 0.54% | 10.45% | -9.91% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 0.56% | 13.93% | -13.37% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 0.44% | 13.93% | -13.49% |
CSH2.L vs. PACW.L - Expense Ratio Comparison
Both CSH2.L and PACW.L have an expense ratio of 0.07%, making them cost-effective options compared to the broader market, where average expense ratios typically range from 0.3% to 0.9%.
Dividends
CSH2.L vs. PACW.L - Dividend Comparison
CSH2.L has not paid dividends to shareholders, while PACW.L's dividend yield for the trailing twelve months is around 1.23%.
| Position | TTM |
|---|---|
CSH2.L Lyxor Smart Overnight Return UCITS ETF C-GBP | 0.00% |
PACW.L Amundi Prime All Country World UCITS ETF Income | 1.23% |
Frequently Asked Questions
CSH2.L and PACW.L have a correlation of -0.00, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
Both ETFs have the same 0.07% expense ratio. The better choice depends on whether you care most about return, fees, risk, or income.
CSH2.L and PACW.L have the same expense ratio: 0.07% per year.
CSH2.L is categorized as Money Market, while PACW.L is Global Equities.
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