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 10 years, CW8U.L returned 12.85%/yr vs 15.58%/yr for ^SP500TR. A 0.51 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 9.80% return, which is significantly lower than ^SP500TR's 11.36% return. Over the past 10 years, CW8U.L has underperformed ^SP500TR with an annualized return of 12.85%, while ^SP500TR has yielded a comparatively higher 15.58% annualized return.
CW8U.L
- 1D
- 0.08%
- 1M
- 4.18%
- YTD
- 9.80%
- 6M
- 10.88%
- 1Y
- 25.61%
- 3Y*
- 20.52%
- 5Y*
- 11.60%
- 10Y*
- 12.85%
^SP500TR
- 1D
- 0.42%
- 1M
- 4.61%
- YTD
- 11.36%
- 6M
- 11.27%
- 1Y
- 28.58%
- 3Y*
- 22.72%
- 5Y*
- 14.02%
- 10Y*
- 15.58%
CW8U.L vs. ^SP500TR - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
CW8U.L Amundi MSCI World UCITS USD | 9.80% | 20.32% | 19.03% | 24.06% | -18.23% | 22.09% | 15.78% | 28.00% | -9.95% | 22.67% |
^SP500TR S&P 500 Total Return | 11.36% | 17.88% | 25.02% | 26.29% | -18.11% | 28.71% | 18.40% | 31.49% | -4.38% | 21.83% |
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 | 0.58 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.57 |
Correlation (All Time) Calculated using the full available price history since May 10, 2011 | 0.51 |
The correlation between CW8U.L and ^SP500TR shifts across timeframes, from 0.51 (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.
| CW8U.L | ^SP500TR | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.26 | ||
| Sortino ratioReturn per unit of downside risk | -0.06 | ||
| Omega ratioGain probability vs. loss probability | 1.40 | 1.44 | -0.04 |
| Calmar ratioReturn relative to maximum drawdown | 3.01 | 3.23 | -0.22 |
| Martin ratioReturn relative to average drawdown | 12.87 | 15.09 | -2.22 |
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
| CW8U.L | ^SP500TR | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 2.16 | 2.42 | -0.26 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.75 | 0.83 | -0.09 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.82 | 0.87 | -0.05 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.74 | 0.65 | +0.09 |
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 | -34.10% | -33.79% | -0.31% |
Current DrawdownCurrent decline from peak | -0.41% | -0.32% | -0.09% |
Average DrawdownAverage peak-to-trough decline | -4.49% | -8.16% | +3.67% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.98% | 1.90% | +0.08% |
Volatility
CW8U.L vs. ^SP500TR - Volatility Comparison
Amundi MSCI World UCITS USD (CW8U.L) has a higher volatility of 3.27% compared to S&P 500 Total Return (^SP500TR) at 2.87%. This indicates that CW8U.L's price experiences larger fluctuations and is considered to be riskier than ^SP500TR based on this measure. 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 | 3.27% | 2.87% | +0.40% |
Volatility (6M)Calculated over the trailing 6-month period | 9.09% | 9.00% | +0.09% |
Volatility (1Y)Calculated over the trailing 1-year period | 11.80% | 11.88% | -0.08% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 15.58% | 16.90% | -1.32% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 15.84% | 18.06% | -2.22% |
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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