CW8G.L vs. LCCN.L
CW8G.L (Amundi MSCI World UCITS USD) and LCCN.L (Lyxor MSCI China UCITS ETF - Acc) are both exchange-traded funds - CW8G.L is a Global Equities fund tracking the MSCI ACWI NR USD, while LCCN.L is a China Equities fund tracking the MSCI China NR USD. Both are passively managed. Over the past 5 years, CW8G.L returned 12.16%/yr vs -5.69%/yr for LCCN.L. At a 0.45 correlation, their price movements are largely independent. CW8G.L charges 0.28%/yr vs 0.29%/yr for LCCN.L.
Performance
CW8G.L vs. LCCN.L - Performance Comparison
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Different Trading Currencies
CW8G.L is traded in GBp, while LCCN.L is traded in USD. To make them comparable, the LCCN.L values have been converted to GBp using the latest available exchange rates.
Returns By Period
In the year-to-date period, CW8G.L achieves a 10.03% return, which is significantly higher than LCCN.L's -13.04% return.
CW8G.L
- 1D
- -0.28%
- 1M
- 0.80%
- YTD
- 10.03%
- 6M
- 10.16%
- 1Y
- 25.95%
- 3Y*
- 17.98%
- 5Y*
- 12.16%
- 10Y*
- 74.87%
LCCN.L
- 1D
- -1.98%
- 1M
- -6.57%
- YTD
- -13.04%
- 6M
- -13.39%
- 1Y
- -2.67%
- 3Y*
- 6.75%
- 5Y*
- -5.69%
- 10Y*
- —
CW8G.L vs. LCCN.L - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | |
|---|---|---|---|---|---|---|---|---|---|
CW8G.L Amundi MSCI World UCITS USD | 10.03% | 12.11% | 20.95% | 17.30% | -8.46% | 23.58% | 11.88% | 23.12% | 7,034.89% |
LCCN.L Lyxor MSCI China UCITS ETF - Acc | -13.04% | 22.59% | 21.45% | -16.01% | -12.96% | -21.13% | 25.98% | 17.23% | -11.22% |
Correlation
The correlation between CW8G.L and LCCN.L is 0.40, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.40 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.33 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.36 |
Correlation (All Time) Calculated using the full available price history since Jul 5, 2018 | 0.45 |
The correlation between CW8G.L and LCCN.L shifts across timeframes, from 0.33 (3 years) to 0.45 (all time), reflecting how their relationship changes across market environments.
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Return for Risk
CW8G.L vs. LCCN.L — Risk / Return Rank
CW8G.L
LCCN.L
CW8G.L vs. LCCN.L - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Amundi MSCI World UCITS USD (CW8G.L) and Lyxor MSCI China UCITS ETF - Acc (LCCN.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.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| CW8G.L | LCCN.L | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +2.60 | ||
| Sortino ratioReturn per unit of downside risk | +3.45 | ||
| Omega ratioGain probability vs. loss probability | 1.47 | 0.99 | +0.47 |
| Calmar ratioReturn relative to maximum drawdown | 3.87 | -0.13 | +4.00 |
| Martin ratioReturn relative to average drawdown | 15.11 | -0.29 | +15.40 |
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Drawdowns
CW8G.L vs. LCCN.L - Drawdown Comparison
The maximum CW8G.L drawdown since its inception was -25.60%, smaller than the maximum LCCN.L drawdown of -56.30%. Use the drawdown chart below to compare losses from any high point for CW8G.L and LCCN.L.
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Drawdown Indicators
| CW8G.L | LCCN.L | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -25.60% | -56.30% | +30.70% |
Max Drawdown (1Y)Largest decline over 1 year | -6.67% | -20.89% | +14.22% |
Max Drawdown (3Y)Largest decline over 3 years | -18.88% | -24.77% | +5.89% |
Max Drawdown (5Y)Largest decline over 5 years | -18.88% | -49.10% | +30.22% |
Max Drawdown (10Y)Largest decline over 10 years | -25.60% | — | — |
Current DrawdownCurrent decline from peak | -0.80% | -36.37% | +35.57% |
Average DrawdownAverage peak-to-trough decline | -3.64% | -26.65% | +23.01% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.71% | 9.15% | -7.44% |
Volatility
CW8G.L vs. LCCN.L - Volatility Comparison
The current volatility for Amundi MSCI World UCITS USD (CW8G.L) is 3.35%, while Lyxor MSCI China UCITS ETF - Acc (LCCN.L) has a volatility of 6.98%. This indicates that CW8G.L experiences smaller price fluctuations and is considered to be less risky than LCCN.L based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| CW8G.L | LCCN.L | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 3.35% | 6.98% | -3.63% |
Volatility (6M)Calculated over the trailing 6-month period | 7.74% | 14.56% | -6.82% |
Volatility (1Y)Calculated over the trailing 1-year period | 10.47% | 19.62% | -9.15% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 13.33% | 28.05% | -14.72% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 2,401.02% | 26.81% | +2,374.21% |
CW8G.L vs. LCCN.L - Expense Ratio Comparison
CW8G.L has a 0.28% expense ratio, which is lower than LCCN.L's 0.29% expense ratio.
Dividends
CW8G.L vs. LCCN.L - Dividend Comparison
Neither CW8G.L nor LCCN.L has paid dividends to shareholders.
Frequently Asked Questions
CW8G.L and LCCN.L have a correlation of 0.40, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, CW8G.L is cheaper at 0.28% per year. The better choice depends on whether you care most about return, fees, risk, or income.
CW8G.L is cheaper with a 0.28% expense ratio, compared with 0.29% for LCCN.L.
CW8G.L is categorized as Global Equities, while LCCN.L is China Equities. CW8G.L tracks MSCI ACWI NR USD, while LCCN.L tracks MSCI China NR USD. Their fees differ too: 0.28% for CW8G.L and 0.29% for LCCN.L.
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