CSWG.L vs. WDEP.L
CSWG.L (Amundi MSCI Switzerland UCITS ETF CHF) and WDEP.L (WisdomTree Europe Defence UCITS ETF EUR Accumulating) are both Europe Equities funds - CSWG.L tracks the MSCI Switzerland NR CHF while WDEP.L tracks the WisdomTree Europe Defence Index. Both are passively managed. Over the past year, CSWG.L returned 15.88% vs -0.69% for WDEP.L. At a 0.18 correlation, their price movements are largely independent. CSWG.L charges 0.25%/yr vs 0.45%/yr for WDEP.L.
Performance
CSWG.L vs. WDEP.L - Performance Comparison
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Returns By Period
In the year-to-date period, CSWG.L achieves a 3.71% return, which is significantly higher than WDEP.L's 1.13% return.
CSWG.L
- 1D
- 1.34%
- 1M
- 2.57%
- YTD
- 3.71%
- 6M
- 6.61%
- 1Y
- 15.88%
- 3Y*
- 9.05%
- 5Y*
- 7.85%
- 10Y*
- 10.09%
WDEP.L
- 1D
- 1.35%
- 1M
- -3.38%
- YTD
- 1.13%
- 6M
- 4.34%
- 1Y
- -0.69%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
CSWG.L vs. WDEP.L - Yearly Performance Comparison
| 2026 (YTD) | 2025 | |
|---|---|---|
CSWG.L Amundi MSCI Switzerland UCITS ETF CHF | 3.71% | 13.99% |
WDEP.L WisdomTree Europe Defence UCITS ETF EUR Accumulating | 1.13% | 20.67% |
Correlation
The correlation between CSWG.L and WDEP.L is 0.13, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.13 |
Correlation (All Time) Calculated using the full available price history since Mar 13, 2025 | 0.18 |
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Return for Risk
CSWG.L vs. WDEP.L — Risk / Return Rank
CSWG.L
WDEP.L
CSWG.L vs. WDEP.L - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Amundi MSCI Switzerland UCITS ETF CHF (CSWG.L) and WisdomTree Europe Defence UCITS ETF EUR Accumulating (WDEP.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.
| CSWG.L | WDEP.L | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +1.30 | ||
| Sortino ratioReturn per unit of downside risk | +1.66 | ||
| Omega ratioGain probability vs. loss probability | 1.24 | 1.02 | +0.22 |
| Calmar ratioReturn relative to maximum drawdown | 1.30 | -0.04 | +1.33 |
| Martin ratioReturn relative to average drawdown | 4.16 | -0.08 | +4.24 |
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
| CSWG.L | WDEP.L | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.27 | -0.02 | +1.30 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.66 | — | — |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 1.03 | — | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 1.05 | 0.59 | +0.46 |
Drawdowns
CSWG.L vs. WDEP.L - Drawdown Comparison
The maximum CSWG.L drawdown since its inception was -18.31%, smaller than the maximum WDEP.L drawdown of -19.56%. Use the drawdown chart below to compare losses from any high point for CSWG.L and WDEP.L.
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Drawdown Indicators
| CSWG.L | WDEP.L | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -18.31% | -19.56% | +1.25% |
Max Drawdown (1Y)Largest decline over 1 year | -12.52% | -19.56% | +7.04% |
Max Drawdown (3Y)Largest decline over 3 years | -12.52% | — | — |
Max Drawdown (5Y)Largest decline over 5 years | -16.26% | — | — |
Max Drawdown (10Y)Largest decline over 10 years | -18.31% | — | — |
Current DrawdownCurrent decline from peak | -4.76% | -14.70% | +9.94% |
Average DrawdownAverage peak-to-trough decline | -4.18% | -6.15% | +1.97% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 3.86% | 8.32% | -4.46% |
Volatility
CSWG.L vs. WDEP.L - Volatility Comparison
The current volatility for Amundi MSCI Switzerland UCITS ETF CHF (CSWG.L) is 4.02%, while WisdomTree Europe Defence UCITS ETF EUR Accumulating (WDEP.L) has a volatility of 10.28%. This indicates that CSWG.L experiences smaller price fluctuations and is considered to be less risky than WDEP.L based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| CSWG.L | WDEP.L | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 4.02% | 10.28% | -6.26% |
Volatility (6M)Calculated over the trailing 6-month period | 10.38% | 22.06% | -11.68% |
Volatility (1Y)Calculated over the trailing 1-year period | 12.75% | 28.59% | -15.84% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 14.27% | 30.09% | -15.82% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 18.57% | 30.09% | -11.52% |
CSWG.L vs. WDEP.L - Expense Ratio Comparison
CSWG.L has a 0.25% expense ratio, which is lower than WDEP.L's 0.45% expense ratio.
Dividends
CSWG.L vs. WDEP.L - Dividend Comparison
Neither CSWG.L nor WDEP.L has paid dividends to shareholders.
Frequently Asked Questions
CSWG.L and WDEP.L have a correlation of 0.13, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, CSWG.L is cheaper at 0.25% per year. The better choice depends on whether you care most about return, fees, risk, or income.
CSWG.L is cheaper with a 0.25% expense ratio, compared with 0.45% for WDEP.L.
CSWG.L tracks MSCI Switzerland NR CHF, while WDEP.L tracks WisdomTree Europe Defence Index. They also come from different issuers: Amundi and WisdomTree. Their fees differ too: 0.25% for CSWG.L and 0.45% for WDEP.L.
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