CW8U.L vs. ON
Compare and contrast key facts about Amundi MSCI World UCITS USD (CW8U.L) and ON Semiconductor Corporation (ON).
CW8U.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.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: CW8U.L or ON.
Key characteristics
| CW8U.L | ON | |
|---|---|---|
| YTD Return | 8.49% | -12.62% |
| 1Y Return | 23.47% | -11.41% |
| 3Y Return (Ann) | 6.87% | 24.99% |
| 5Y Return (Ann) | 11.73% | 29.96% |
| 10Y Return (Ann) | 9.29% | 24.12% |
| Sharpe Ratio | 2.02 | -0.23 |
| Daily Std Dev | 11.68% | 44.84% |
| Max Drawdown | -34.10% | -96.36% |
| Current Drawdown | -0.14% | -32.47% |
Correlation
The correlation between CW8U.L and ON is 0.34, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.
Performance
CW8U.L vs. ON - Performance Comparison
In the year-to-date period, CW8U.L achieves a 8.49% return, which is significantly higher than ON's -12.62% return. Over the past 10 years, CW8U.L has underperformed ON with an annualized return of 9.29%, while ON has yielded a comparatively higher 24.12% annualized 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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Risk-Adjusted Performance
CW8U.L vs. ON - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Amundi MSCI World UCITS USD (CW8U.L) and ON Semiconductor Corporation (ON). 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
CW8U.L vs. ON - Dividend Comparison
Neither CW8U.L nor ON has paid dividends to shareholders.
Drawdowns
CW8U.L vs. ON - Drawdown Comparison
The maximum CW8U.L drawdown since its inception was -34.10%, smaller than the maximum ON drawdown of -96.36%. Use the drawdown chart below to compare losses from any high point for CW8U.L and ON. For additional features, visit the drawdowns tool.
Volatility
CW8U.L vs. ON - Volatility Comparison
The current volatility for Amundi MSCI World UCITS USD (CW8U.L) is 4.11%, while ON Semiconductor Corporation (ON) has a volatility of 10.14%. This indicates that CW8U.L experiences smaller price fluctuations and is considered to be less risky than ON based on this measure. The chart below showcases a comparison of their rolling one-month volatility.