PortfoliosLab logoPortfoliosLab logo

Documentation

Upgrade your plan
CW8U.L vs. ACWL.L
Performance
Return for Risk
Drawdowns
Volatility
Dividends

CW8U.L vs. ACWL.L

Last updated Jun 5, 2026

CW8U.L (Amundi MSCI World UCITS USD) and ACWL.L (Lyxor MSCI All Country World UCITS ETF) are both Global Equities funds from Amundi tracking the MSCI ACWI NR USD. Both are passively managed. Over the past 10 years, CW8U.L returned 12.85%/yr vs 12.85%/yr for ACWL.L. At a 0.28 correlation, their price movements are largely independent. CW8U.L charges 0.28%/yr vs 0.45%/yr for ACWL.L.

Performance

CW8U.L vs. ACWL.L - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Amundi MSCI World UCITS USD (CW8U.L) and Lyxor MSCI All Country World UCITS ETF (ACWL.L). The values are adjusted to include any dividend payments, if applicable.

Loading charts...

Different Trading Currencies

CW8U.L is traded in USD, while ACWL.L is traded in GBp. To make them comparable, the ACWL.L values have been converted to USD using the latest available exchange rates.

Returns By Period

In the year-to-date period, CW8U.L achieves a 9.80% return, which is significantly lower than ACWL.L's 11.94% return. Over a longer period, both investments have demonstrated similar performance, with their 10-year annualized returns being quite close: CW8U.L at 12.85% and ACWL.L at 12.85%.

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%

ACWL.L

1D
-0.15%
1M
4.57%
YTD
11.94%
6M
12.98%
1Y
28.53%
3Y*
20.90%
5Y*
11.13%
10Y*
12.85%
*Multi-year figures are annualized to reflect compound growth (CAGR)

CW8U.L vs. ACWL.L - Yearly Performance Comparison

2026 (YTD)202520242023202220212020201920182017
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%
ACWL.L
Lyxor MSCI All Country World UCITS ETF		11.94%21.83%19.36%17.72%-16.89%20.41%14.43%19.77%-1.48%19.46%

Correlation

The correlation between CW8U.L and ACWL.L is 0.77, 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

0.77

Correlation (3Y)
Calculated over the trailing 3-year period

0.56

Correlation (5Y)
Calculated over the trailing 5-year period

0.42

Correlation (10Y)
Calculated over the trailing 10-year period

0.30

Correlation (All Time)
Calculated using the full available price history since Feb 3, 2015

0.28

Over the past year, CW8U.L and ACWL.L have become more correlated (0.77) than their long-term average of 0.28, meaning their price movements have been converging.

CW8U.L vs. ACWL.L - Sectors Allocation Comparison

Sectors
CW8U.L
ACWL.L

Technology

28.3%
29.3%

Financial Services

15.7%
16.2%

Industrials

11.4%
10.9%

Consumer Cyclical

9.3%
9.3%

Communication Services

9.3%
9.0%

Healthcare

8.8%
8.1%

Consumer Defensive

5.2%
5.0%

Energy

4.2%
4.2%

Basic Materials

3.3%
3.7%

Utilities

2.7%
2.6%

Real Estate

1.9%
1.8%

Technology

CW8U.L
28.3%
ACWL.L
29.3%

Financial Services

CW8U.L
15.7%
ACWL.L
16.2%

Industrials

CW8U.L
11.4%
ACWL.L
10.9%

Consumer Cyclical

CW8U.L
9.3%
ACWL.L
9.3%

Communication Services

CW8U.L
9.3%
ACWL.L
9.0%

Healthcare

CW8U.L
8.8%
ACWL.L
8.1%

Consumer Defensive

CW8U.L
5.2%
ACWL.L
5.0%

Energy

CW8U.L
4.2%
ACWL.L
4.2%

Basic Materials

CW8U.L
3.3%
ACWL.L
3.7%

Utilities

CW8U.L
2.7%
ACWL.L
2.6%

Real Estate

CW8U.L
1.9%
ACWL.L
1.8%

Compare stocks, funds, or ETFs

Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.

Amundi MSCI World UCITS USD

Lyxor MSCI All Country World UCITS ETF

Often compared with CW8U.L:
CW8U.L vs. PE500.PACW8U.L vs. EUNL.DECW8U.L vs. ACWICW8U.L vs. ^SP500TRCW8U.L vs. VXUSCW8U.L vs. BRK-BCW8U.L vs. SPY
Often compared with ACWL.L:
ACWL.L vs. QQQACWL.L vs. BKIEACWL.L vs. SPPW.DEACWL.L vs. TNOW.LACWL.L vs. IVVACWL.L vs. SMHACWL.L vs. ACWU.L

Return for Risk

CW8U.L vs. ACWL.L — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.
CW8U.L
CW8U.L Risk / Return Rank: 6868
Overall Rank
CW8U.L Sharpe Ratio Rank: 6666
Sharpe Ratio Rank
CW8U.L Sortino Ratio Rank: 7373
Sortino Ratio Rank
CW8U.L Omega Ratio Rank: 6767
Omega Ratio Rank
CW8U.L Calmar Ratio Rank: 6161
Calmar Ratio Rank
CW8U.L Martin Ratio Rank: 7070
Martin Ratio Rank
ACWL.L
ACWL.L Risk / Return Rank: 8787
Overall Rank
ACWL.L Sharpe Ratio Rank: 8989
Sharpe Ratio Rank
ACWL.L Sortino Ratio Rank: 8989
Sortino Ratio Rank
ACWL.L Omega Ratio Rank: 9090
Omega Ratio Rank
ACWL.L Calmar Ratio Rank: 8181
Calmar Ratio Rank
ACWL.L Martin Ratio Rank: 8585
Martin Ratio Rank
The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

CW8U.L vs. ACWL.L - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Amundi MSCI World UCITS USD (CW8U.L) and Lyxor MSCI All Country World UCITS ETF (ACWL.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.

CW8U.LACWL.LDifference
Sharpe ratioReturn per unit of total volatility
2.16
2.50

-0.34

Sortino ratioReturn per unit of downside risk
3.23
3.61

-0.38

Omega ratioGain probability vs. loss probability

1.40

1.45

-0.05

Calmar ratioReturn relative to maximum drawdown

3.01

2.97

+0.03

Martin ratioReturn relative to average drawdown

12.87

13.57

-0.70

Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

CW8U.L vs. ACWL.L - Sharpe Ratio Comparison

The current CW8U.L Sharpe Ratio is 2.16, which is comparable to the ACWL.L Sharpe Ratio of 2.50. The chart below compares the historical Sharpe Ratios of CW8U.L and ACWL.L, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Loading charts...

Sharpe Ratios by Period

CW8U.LACWL.LDifference

Sharpe Ratio (1Y)

Calculated over the trailing 1-year period

2.16

2.50

-0.34

Sharpe Ratio (5Y)

Calculated over the trailing 5-year period

0.75

1.27

-0.53

Sharpe Ratio (10Y)

Calculated over the trailing 10-year period

0.82

1.99

-1.17

Sharpe Ratio (All Time)

Calculated using the full available price history

0.74

1.79

-1.05

Drawdowns

CW8U.L vs. ACWL.L - Drawdown Comparison

The maximum CW8U.L drawdown since its inception was -34.10%, which is greater than ACWL.L's maximum drawdown of -25.82%. Use the drawdown chart below to compare losses from any high point for CW8U.L and ACWL.L.

Loading charts...

Drawdown Indicators

CW8U.LACWL.LDifference

Max Drawdown

Largest peak-to-trough decline

-34.10%

-25.82%

-8.28%

Max Drawdown (1Y)

Largest decline over 1 year

-8.48%

-9.55%

+1.07%

Max Drawdown (3Y)

Largest decline over 3 years

-17.26%

-17.33%

+0.07%

Max Drawdown (5Y)

Largest decline over 5 years

-25.79%

-25.82%

+0.03%

Max Drawdown (10Y)

Largest decline over 10 years

-34.10%

-25.82%

-8.28%

Current Drawdown

Current decline from peak

-0.41%

-0.53%

+0.12%

Average Drawdown

Average peak-to-trough decline

-4.49%

-2.78%

-1.71%

Ulcer Index

Depth and duration of drawdowns from previous peaks

1.98%

2.10%

-0.12%

Volatility

CW8U.L vs. ACWL.L - Volatility Comparison

Amundi MSCI World UCITS USD (CW8U.L) and Lyxor MSCI All Country World UCITS ETF (ACWL.L) have volatilities of 3.27% and 3.39%, 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.

Loading charts...

Volatility by Period

CW8U.LACWL.LDifference

Volatility (1M)

Calculated over the trailing 1-month period

3.27%

3.39%

-0.12%

Volatility (6M)

Calculated over the trailing 6-month period

9.09%

8.73%

+0.36%

Volatility (1Y)

Calculated over the trailing 1-year period

11.80%

11.37%

+0.43%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

15.58%

21.89%

-6.31%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

15.84%

28.21%

-12.37%

CW8U.L vs. ACWL.L - Expense Ratio Comparison

CW8U.L has a 0.28% expense ratio, which is lower than ACWL.L's 0.45% expense ratio.

Dividends

CW8U.L vs. ACWL.L - Dividend Comparison

Neither CW8U.L nor ACWL.L has paid dividends to shareholders.

Tickers have no history of dividend payments

Frequently Asked Questions

CW8U.L and ACWL.L have a correlation of 0.77, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

On fees, CW8U.L is cheaper at 0.28% per year. The better choice depends on whether you care most about return, fees, risk, or income.

CW8U.L is cheaper with a 0.28% expense ratio, compared with 0.45% for ACWL.L.

Both ETFs track MSCI ACWI NR USD. Their fees differ too: 0.28% for CW8U.L and 0.45% for ACWL.L.

Portfolio Optimizer

Find the right allocation for CW8U.L and ACWL.L

Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.

Open Portfolio Optimizer