ECRP.L vs. MWRD.L
ECRP.L (Amundi Index Euro Corporate SRI UCITS ETF DR (C)) and MWRD.L (Amundi Index MSCI World) are both exchange-traded funds - ECRP.L is a European Corporate Bonds fund tracking the Bloomberg Euro Corp TR EUR, while MWRD.L is a Global Equities fund tracking the MSCI ACWI NR USD. Both are passively managed. At a 0.16 correlation, their price movements are largely independent. ECRP.L charges 0.14%/yr vs 0.08%/yr for MWRD.L.
Performance
ECRP.L vs. MWRD.L - Performance Comparison
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Returns By Period
ECRP.L
- 1D
- 0.28%
- 1M
- 1.04%
- YTD
- -0.42%
- 6M
- -0.50%
- 1Y
- 4.66%
- 3Y*
- 4.58%
- 5Y*
- 0.12%
- 10Y*
- —
MWRD.L
- 1D
- —
- 1M
- —
- YTD
- —
- 6M
- —
- 1Y
- —
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
ECRP.L vs. MWRD.L - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | |
|---|---|---|---|---|---|---|---|
ECRP.L Amundi Index Euro Corporate SRI UCITS ETF DR (C) | -0.42% | 8.36% | -0.55% | 5.00% | -8.32% | -8.20% | 10.39% |
MWRD.L Amundi Index MSCI World | 0.00% | 0.00% | -1.27% | 17.50% | -9.18% | 24.39% | 6.96% |
Correlation
The correlation between ECRP.L and MWRD.L is 0.16, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (3Y) Calculated over the trailing 3-year period | 0.16 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.15 |
Correlation (All Time) Calculated using the full available price history since Feb 14, 2020 | 0.16 |
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Return for Risk
ECRP.L vs. MWRD.L — Risk / Return Rank
ECRP.L
MWRD.L
ECRP.L vs. MWRD.L - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Amundi Index Euro Corporate SRI UCITS ETF DR (C) (ECRP.L) and Amundi Index MSCI World (MWRD.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.
| ECRP.L | MWRD.L | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | — | — | |
| Sortino ratioReturn per unit of downside risk | — | — | |
| Omega ratioGain probability vs. loss probability | 1.17 | — | — |
| Calmar ratioReturn relative to maximum drawdown | 1.20 | — | — |
| Martin ratioReturn relative to average drawdown | 3.05 | — | — |
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
| ECRP.L | MWRD.L | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 0.97 | — | — |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.02 | — | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.12 | — | — |
Drawdowns
ECRP.L vs. MWRD.L - Drawdown Comparison
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Drawdown Indicators
| ECRP.L | MWRD.L | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -21.22% | — | — |
Max Drawdown (1Y)Largest decline over 1 year | -3.87% | — | — |
Max Drawdown (3Y)Largest decline over 3 years | -3.87% | — | — |
Max Drawdown (5Y)Largest decline over 5 years | -16.71% | — | — |
Current DrawdownCurrent decline from peak | -6.37% | — | — |
Average DrawdownAverage peak-to-trough decline | -11.10% | — | — |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.52% | — | — |
Volatility
ECRP.L vs. MWRD.L - Volatility Comparison
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Volatility by Period
| ECRP.L | MWRD.L | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 1.50% | — | — |
Volatility (6M)Calculated over the trailing 6-month period | 3.64% | — | — |
Volatility (1Y)Calculated over the trailing 1-year period | 4.77% | — | — |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 6.35% | — | — |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 6.88% | — | — |
ECRP.L vs. MWRD.L - Expense Ratio Comparison
ECRP.L has a 0.14% expense ratio, which is higher than MWRD.L's 0.08% expense ratio. However, both funds are considered low-cost compared to the broader market, where average expense ratios usually range from 0.3% to 0.9%.
Dividends
ECRP.L vs. MWRD.L - Dividend Comparison
Neither ECRP.L nor MWRD.L has paid dividends to shareholders.
Frequently Asked Questions
ECRP.L and MWRD.L have a correlation of 0.16, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, MWRD.L is cheaper at 0.08% per year. The better choice depends on whether you care most about return, fees, risk, or income.
MWRD.L is cheaper with a 0.08% expense ratio, compared with 0.14% for ECRP.L.
ECRP.L is categorized as European Corporate Bonds, while MWRD.L is Global Equities. ECRP.L tracks Bloomberg Euro Corp TR EUR, while MWRD.L tracks MSCI ACWI NR USD. Their fees differ too: 0.14% for ECRP.L and 0.08% for MWRD.L.
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