CW8G.L vs. MWOZ.L
CW8G.L (Amundi MSCI World UCITS USD) and MWOZ.L (Amundi Prime Global UCITS ETF Dist) are both Global Equities funds from Amundi - CW8G.L tracks the MSCI ACWI NR USD while MWOZ.L tracks the Solactive GBS Developed Markets Large & Mid Cap Index. Both are passively managed. Over the past year, CW8G.L returned 26.81% vs 27.68% for MWOZ.L. Their correlation of 0.92 suggests significant overlap in exposure. CW8G.L charges 0.28%/yr vs 0.05%/yr for MWOZ.L.
Performance
CW8G.L vs. MWOZ.L - Performance Comparison
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Different Trading Currencies
CW8G.L is traded in GBp, while MWOZ.L is traded in GBP. To make them comparable, the MWOZ.L values have been converted to GBp using the latest available exchange rates.
Returns By Period
The year-to-date returns for both investments are quite close, with CW8G.L having a 9.97% return and MWOZ.L slightly higher at 10.17%.
CW8G.L
- 1D
- 0.05%
- 1M
- 5.16%
- YTD
- 9.97%
- 6M
- 10.16%
- 1Y
- 26.81%
- 3Y*
- 17.37%
- 5Y*
- 12.80%
- 10Y*
- 13.68%
MWOZ.L
- 1D
- 0.05%
- 1M
- 5.09%
- YTD
- 10.17%
- 6M
- 10.38%
- 1Y
- 27.68%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
CW8G.L vs. MWOZ.L - Yearly Performance Comparison
| 2026 (YTD) | 2025 | |
|---|---|---|
CW8G.L Amundi MSCI World UCITS USD | 9.97% | 7.62% |
MWOZ.L Amundi Prime Global UCITS ETF Dist | 10.17% | 8.44% |
Correlation
The correlation between CW8G.L and MWOZ.L is 0.89, indicating a strong positive relationship between their price movements. Combining them offers limited diversification - they tend to fall together during downturns.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.89 |
Correlation (All Time) Calculated using the full available price history since Feb 7, 2025 | 0.92 |
The correlation between CW8G.L and MWOZ.L has been stable across timeframes, ranging from 0.89 to 0.92 - a consistent structural relationship.
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Return for Risk
CW8G.L vs. MWOZ.L — Risk / Return Rank
CW8G.L
MWOZ.L
CW8G.L vs. MWOZ.L - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Amundi MSCI World UCITS USD (CW8G.L) and Amundi Prime Global UCITS ETF Dist (MWOZ.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.
| CW8G.L | MWOZ.L | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.06 | ||
| Sortino ratioReturn per unit of downside risk | +0.06 | ||
| Omega ratioGain probability vs. loss probability | 1.51 | 1.51 | +0.01 |
| Calmar ratioReturn relative to maximum drawdown | 4.00 | 4.16 | -0.15 |
| Martin ratioReturn relative to average drawdown | 15.91 | 16.80 | -0.89 |
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
| CW8G.L | MWOZ.L | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 2.74 | 2.68 | +0.06 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.97 | — | — |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.95 | — | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.99 | 1.04 | -0.05 |
Drawdowns
CW8G.L vs. MWOZ.L - Drawdown Comparison
The maximum CW8G.L drawdown since its inception was -25.60%, which is greater than MWOZ.L's maximum drawdown of -18.50%. Use the drawdown chart below to compare losses from any high point for CW8G.L and MWOZ.L.
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Drawdown Indicators
| CW8G.L | MWOZ.L | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -25.60% | -18.50% | -7.10% |
Max Drawdown (1Y)Largest decline over 1 year | -6.67% | -6.63% | -0.04% |
Max Drawdown (3Y)Largest decline over 3 years | -18.88% | — | — |
Max Drawdown (5Y)Largest decline over 5 years | -18.88% | — | — |
Max Drawdown (10Y)Largest decline over 10 years | -25.60% | — | — |
Current DrawdownCurrent decline from peak | -0.15% | -0.15% | 0.00% |
Average DrawdownAverage peak-to-trough decline | -3.10% | -3.16% | +0.06% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.68% | 1.64% | +0.04% |
Volatility
CW8G.L vs. MWOZ.L - Volatility Comparison
Amundi MSCI World UCITS USD (CW8G.L) and Amundi Prime Global UCITS ETF Dist (MWOZ.L) have volatilities of 2.55% and 2.54%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| CW8G.L | MWOZ.L | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 2.55% | 2.54% | +0.01% |
Volatility (6M)Calculated over the trailing 6-month period | 7.27% | 7.27% | 0.00% |
Volatility (1Y)Calculated over the trailing 1-year period | 9.75% | 10.29% | -0.54% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 13.21% | 13.91% | -0.70% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 14.45% | 13.91% | +0.54% |
CW8G.L vs. MWOZ.L - Expense Ratio Comparison
CW8G.L has a 0.28% expense ratio, which is higher than MWOZ.L's 0.05% expense ratio.
Dividends
CW8G.L vs. MWOZ.L - Dividend Comparison
CW8G.L has not paid dividends to shareholders, while MWOZ.L's dividend yield for the trailing twelve months is around 1.20%.
| Position | TTM | 2025 |
|---|---|---|
CW8G.L Amundi MSCI World UCITS USD | 0.00% | 0.00% |
MWOZ.L Amundi Prime Global UCITS ETF Dist | 1.20% | 1.60% |
Frequently Asked Questions
CW8G.L and MWOZ.L have a correlation of 0.89, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, MWOZ.L is cheaper at 0.05% per year. The better choice depends on whether you care most about return, fees, risk, or income.
MWOZ.L is cheaper with a 0.05% expense ratio, compared with 0.28% for CW8G.L.
CW8G.L tracks MSCI ACWI NR USD, while MWOZ.L tracks Solactive GBS Developed Markets Large & Mid Cap Index. Their fees differ too: 0.28% for CW8G.L and 0.05% for MWOZ.L.
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