CW8G.L vs. PE500.PA
Compare and contrast key facts about Amundi MSCI World UCITS USD (CW8G.L) and Amundi ETF PEA S&P 500 UCITS ETF EUR (PE500.PA).
CW8G.L and PE500.PA are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. CW8G.L is a passively managed fund by Amundi that tracks the performance of the MSCI ACWI NR USD. It was launched on Apr 18, 2018. PE500.PA is a passively managed fund by Amundi that tracks the performance of the S&P 500 ESG+ Index. It was launched on Apr 25, 2019. Both CW8G.L and PE500.PA are passive ETFs, meaning that they are not actively managed but aim to replicate the performance of the underlying index as closely as possible.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: CW8G.L or PE500.PA.
Key characteristics
| CW8G.L | PE500.PA | |
|---|---|---|
| YTD Return | 10.12% | 13.67% |
| 1Y Return | 21.33% | 26.99% |
| 3Y Return (Ann) | 11.37% | 13.73% |
| Sharpe Ratio | 2.07 | 2.54 |
| Daily Std Dev | 10.36% | 10.63% |
| Max Drawdown | -25.60% | -33.60% |
| Current Drawdown | -0.58% | -0.56% |
Correlation
The correlation between CW8G.L and PE500.PA is 0.88, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.
Performance
CW8G.L vs. PE500.PA - Performance Comparison
In the year-to-date period, CW8G.L achieves a 10.12% return, which is significantly lower than PE500.PA's 13.67% return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
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CW8G.L vs. PE500.PA - Expense Ratio Comparison
CW8G.L has a 0.28% expense ratio, which is higher than PE500.PA's 0.25% expense ratio.
Risk-Adjusted Performance
CW8G.L vs. PE500.PA - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Amundi MSCI World UCITS USD (CW8G.L) and Amundi ETF PEA S&P 500 UCITS ETF EUR (PE500.PA). 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.
Dividends
CW8G.L vs. PE500.PA - Dividend Comparison
Neither CW8G.L nor PE500.PA has paid dividends to shareholders.
Drawdowns
CW8G.L vs. PE500.PA - Drawdown Comparison
The maximum CW8G.L drawdown since its inception was -25.60%, smaller than the maximum PE500.PA drawdown of -33.60%. Use the drawdown chart below to compare losses from any high point for CW8G.L and PE500.PA. For additional features, visit the drawdowns tool.
Volatility
CW8G.L vs. PE500.PA - Volatility Comparison
Amundi MSCI World UCITS USD (CW8G.L) and Amundi ETF PEA S&P 500 UCITS ETF EUR (PE500.PA) have volatilities of 4.19% and 4.01%, 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.