DCAM.PA vs. EWLD.PA

Last updated Jun 3, 2026

DCAM.PA (Amundi PEA Monde (MSCI World) UCITS ETF Acc) and EWLD.PA (Amundi MSCI World Swap UCITS ETF EUR Distributing) are both Global Equities funds from Amundi - DCAM.PA tracks the MSCI World Index while EWLD.PA tracks the MSCI World. Both are passively managed. Over the past year, DCAM.PA returned 25.49% vs 25.32% for EWLD.PA. With a 0.99 correlation, they move nearly in lockstep. DCAM.PA charges 0.20%/yr vs 0.38%/yr for EWLD.PA.

Performance

DCAM.PA vs. EWLD.PA - Performance Comparison

The chart below illustrates the hypothetical performance of a €10,000 investment in Amundi PEA Monde (MSCI World) UCITS ETF Acc (DCAM.PA) and Amundi MSCI World Swap UCITS ETF EUR Distributing (EWLD.PA). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

The year-to-date returns for both stocks are quite close, with DCAM.PA having a 11.34% return and EWLD.PA slightly lower at 11.32%.

DCAM.PA

• 1D: 0.43%
• 1M: 6.19%
• YTD: 11.34%
• 6M: 11.99%
• 1Y: 25.49%
• 3Y*: —
• 5Y*: —
• 10Y*: —

EWLD.PA

• 1D: 0.44%
• 1M: 6.24%
• YTD: 11.32%
• 6M: 11.83%
• 1Y: 25.32%
• 3Y*: —
• 5Y*: —
• 10Y*: —

*Multi-year figures are annualized to reflect compound growth (CAGR)

DCAM.PA vs. EWLD.PA - Yearly Performance Comparison

	2026 (YTD)	2025
DCAM.PA Amundi PEA Monde (MSCI World) UCITS ETF Acc	11.34%	15.54%
EWLD.PA Amundi MSCI World Swap UCITS ETF EUR Distributing	11.32%	15.37%

Correlation

The correlation between DCAM.PA and EWLD.PA is 0.99 - these two move nearly in lockstep. At this level, holding both provides almost no diversification benefit. If you already own one, adding the other does little to reduce portfolio risk.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.99
Correlation (All Time) Calculated using the full available price history since Mar 12, 2025	0.99

The correlation between DCAM.PA and EWLD.PA has been stable across timeframes, ranging from 0.99 to 0.99 - a consistent structural relationship.

Return for Risk

DCAM.PA vs. EWLD.PA — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

DCAM.PA

DCAM.PA Risk / Return Rank: 72
DCAM.PA Sharpe Ratio Rank: 68
DCAM.PA Sortino Ratio Rank: 68
DCAM.PA Omega Ratio Rank: 70
DCAM.PA Calmar Ratio Rank: 75
DCAM.PA Martin Ratio Rank: 77

EWLD.PA

EWLD.PA Risk / Return Rank: 69
EWLD.PA Sharpe Ratio Rank: 66
EWLD.PA Sortino Ratio Rank: 67
EWLD.PA Omega Ratio Rank: 69
EWLD.PA Calmar Ratio Rank: 70
EWLD.PA Martin Ratio Rank: 73

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.

DCAM.PA vs. EWLD.PA - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Amundi PEA Monde (MSCI World) UCITS ETF Acc (DCAM.PA) and Amundi MSCI World Swap UCITS ETF EUR Distributing (EWLD.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.

	DCAM.PA	EWLD.PA	Difference
Sharpe ratio Return per unit of total volatility	2.30	2.26	+0.04
Sortino ratio Return per unit of downside risk	3.20	3.15	+0.05
Omega ratio Gain probability vs. loss probability	1.43	1.43	+0.01
Calmar ratio Return relative to maximum drawdown	3.85	3.56	+0.29
Martin ratio Return relative to average drawdown	15.38	14.10	+1.28
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

DCAM.PA vs. EWLD.PA - Sharpe Ratio Comparison

The current DCAM.PA Sharpe Ratio is 2.30, which is comparable to the EWLD.PA Sharpe Ratio of 2.26. The chart below compares the historical Sharpe Ratios of DCAM.PA and EWLD.PA, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Sharpe Ratios by Period

	DCAM.PA	EWLD.PA	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	2.30	2.26	+0.04
Sharpe Ratio (All Time) Calculated using the full available price history	1.49	1.13	+0.36

Drawdowns

DCAM.PA vs. EWLD.PA - Drawdown Comparison

The maximum DCAM.PA drawdown since its inception was -15.45%, smaller than the maximum EWLD.PA drawdown of -21.70%. Use the drawdown chart below to compare losses from any high point for DCAM.PA and EWLD.PA.

Drawdown Indicators

	DCAM.PA	EWLD.PA	Difference
Max Drawdown Largest peak-to-trough decline	-15.45%	-21.70%	+6.25%
Max Drawdown (1Y) Largest decline over 1 year	-6.54%	-6.64%	+0.10%
Current Drawdown Current decline from peak	0.00%	0.00%	0.00%
Average Drawdown Average peak-to-trough decline	-1.73%	-3.04%	+1.31%
Ulcer Index Depth and duration of drawdowns from previous peaks	1.64%	1.68%	-0.04%

Volatility

DCAM.PA vs. EWLD.PA - Volatility Comparison

Amundi PEA Monde (MSCI World) UCITS ETF Acc (DCAM.PA) and Amundi MSCI World Swap UCITS ETF EUR Distributing (EWLD.PA) have volatilities of 2.80% and 2.83%, 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.

Volatility by Period

	DCAM.PA	EWLD.PA	Difference
Volatility (1M) Calculated over the trailing 1-month period	2.80%	2.83%	-0.03%
Volatility (6M) Calculated over the trailing 6-month period	7.62%	7.66%	-0.04%
Volatility (1Y) Calculated over the trailing 1-year period	10.95%	11.08%	-0.13%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	15.24%	14.22%	+1.02%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	15.24%	14.22%	+1.02%

DCAM.PA vs. EWLD.PA - Expense Ratio Comparison

DCAM.PA has a 0.20% expense ratio, which is lower than EWLD.PA's 0.38% expense ratio.

Dividends

DCAM.PA vs. EWLD.PA - Dividend Comparison

DCAM.PA has not paid dividends to shareholders, while EWLD.PA's dividend yield for the trailing twelve months is around 1.05%.

Position	TTM	2025	2024
DCAM.PA Amundi PEA Monde (MSCI World) UCITS ETF Acc	0.00%	0.00%	0.00%
EWLD.PA Amundi MSCI World Swap UCITS ETF EUR Distributing	1.05%	1.17%	0.61%

Frequently Asked Questions

Can I hold both DCAM.PA and EWLD.PA in my portfolio?

With a correlation of 0.99, DCAM.PA and EWLD.PA move almost identically. Holding both adds very little diversification - you're essentially doubling your position in the same market segment. Choosing one is usually more capital-efficient.

Which ETF is better, DCAM.PA or EWLD.PA?

On fees, DCAM.PA is cheaper at 0.20% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, DCAM.PA or EWLD.PA?

DCAM.PA is cheaper with a 0.20% expense ratio, compared with 0.38% for EWLD.PA.

What is the main difference between DCAM.PA and EWLD.PA?

DCAM.PA tracks MSCI World Index, while EWLD.PA tracks MSCI World. Their fees differ too: 0.20% for DCAM.PA and 0.38% for EWLD.PA.