CW8U.L vs. ^SP500TR
CW8U.L (Amundi MSCI World UCITS USD) is Global Equities fund tracking the MSCI ACWI NR USD, while ^SP500TR (S&P 500 Total Return) is an index. Over the past 5 years, CW8U.L returned 11.11%/yr vs 13.06%/yr for ^SP500TR. A 0.56 correlation means they provide meaningful diversification when combined.
Performance
CW8U.L vs. ^SP500TR - Performance Comparison
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Returns By Period
In the year-to-date period, CW8U.L achieves a 9.24% return, which is significantly lower than ^SP500TR's 10.40% return.
CW8U.L
- 1D
- 0.37%
- 1M
- 0.21%
- 6M
- 8.89%
- YTD
- 9.24%
- 1Y
- 19.32%
- 3Y*
- 18.08%
- 5Y*
- 11.11%
- 10Y*
- —
- ALL TIME*
- 12.34%
^SP500TR
- 1D
- 0.89%
- 1M
- 0.18%
- 6M
- 11.12%
- YTD
- 10.40%
- 1Y
- 20.51%
- 3Y*
- 19.89%
- 5Y*
- 13.06%
- 10Y*
- 15.10%
- ALL TIME*
- 11.47%
CW8U.L vs. ^SP500TR - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | |
|---|---|---|---|---|---|---|---|---|---|
CW8U.L Amundi MSCI World UCITS USD | 9.24% | 20.32% | 19.03% | 24.06% | -18.23% | 22.09% | 15.78% | 28.00% | -9.23% |
^SP500TR S&P 500 Total Return | 10.40% | 17.88% | 25.02% | 26.29% | -18.11% | 28.71% | 18.40% | 31.49% | -3.70% |
Correlation
The correlation between CW8U.L and ^SP500TR is 0.66, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.66 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.57 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.56 |
Correlation (All Time) Calculated using the full available price history since Apr 26, 2018 | 0.56 |
The correlation between CW8U.L and ^SP500TR shifts across timeframes, from 0.56 (all time) to 0.66 (1 year), reflecting how their relationship changes across market environments.
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Return for Risk
CW8U.L vs. ^SP500TR — Risk / Return Rank
CW8U.L
^SP500TR
CW8U.L vs. ^SP500TR - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Amundi MSCI World UCITS USD (CW8U.L) and S&P 500 Total Return (^SP500TR). 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.
| CW8U.L | ^SP500TR | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.06 | ||
| Sortino ratioReturn per unit of downside risk | +0.15 | ||
| Omega ratioGain probability vs. loss probability | 1.29 | 1.29 | -0.01 |
| Calmar ratioReturn relative to maximum drawdown | 2.27 | 2.32 | -0.05 |
| Martin ratioReturn relative to average drawdown | 9.33 | 10.12 | -0.79 |
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Drawdowns
CW8U.L vs. ^SP500TR - Drawdown Comparison
The maximum CW8U.L drawdown since its inception was -34.10%, smaller than the maximum ^SP500TR drawdown of -55.25%. Use the drawdown chart below to compare losses from any high point for CW8U.L and ^SP500TR.
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Drawdown Indicators
| CW8U.L | ^SP500TR | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -34.10% | -55.25% | +21.15% |
Max Drawdown (1Y)Largest decline over 1 year | -8.48% | -8.89% | +0.41% |
Max Drawdown (3Y)Largest decline over 3 years | -17.26% | -18.75% | +1.49% |
Max Drawdown (5Y)Largest decline over 5 years | -25.79% | -24.49% | -1.30% |
Max Drawdown (10Y)Largest decline over 10 years | — | -33.79% | — |
Current DrawdownCurrent decline from peak | -0.91% | -1.18% | +0.27% |
Average DrawdownAverage peak-to-trough decline | -4.98% | -8.14% | +3.16% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.07% | 2.03% | +0.04% |
Volatility
CW8U.L vs. ^SP500TR - Volatility Comparison
Amundi MSCI World UCITS USD (CW8U.L) and S&P 500 Total Return (^SP500TR) have volatilities of 3.01% and 3.07%, 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
| CW8U.L | ^SP500TR | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 3.01% | 3.07% | -0.06% |
Volatility (6M)Calculated over the trailing 6-month period | 9.79% | 10.07% | -0.28% |
Volatility (1Y)Calculated over the trailing 1-year period | 12.24% | 12.62% | -0.38% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 15.66% | 16.98% | -1.32% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 16.70% | 18.06% | -1.36% |
Frequently Asked Questions
CW8U.L and ^SP500TR have a correlation of 0.66, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
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