EDMW.DE vs. 2BTC.DE
EDMW.DE (iShares MSCI World ESG Enhanced UCITS ETF USD (Acc)) and 2BTC.DE (21Shares Bitcoin ETP) are both exchange-traded funds - EDMW.DE is a Global Equities fund tracking the MSCI World ESG Enhanced Focus, while 2BTC.DE is a Cryptocurrency fund actively managed by 21Shares. EDMW.DE is passively managed, while 2BTC.DE is actively managed. Over the past 5 years, EDMW.DE returned 11.55%/yr vs 11.03%/yr for 2BTC.DE. At a 0.35 correlation, their price movements are largely independent. EDMW.DE charges 0.20%/yr vs 1.49%/yr for 2BTC.DE.
Performance
EDMW.DE vs. 2BTC.DE - Performance Comparison
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Returns By Period
In the year-to-date period, EDMW.DE achieves a 10.19% return, which is significantly higher than 2BTC.DE's -26.93% return.
EDMW.DE
- 1D
- 0.06%
- 1M
- 3.69%
- YTD
- 10.19%
- 6M
- 10.25%
- 1Y
- 21.91%
- 3Y*
- 16.27%
- 5Y*
- 11.55%
- 10Y*
- —
2BTC.DE
- 1D
- -3.67%
- 1M
- -20.97%
- YTD
- -26.93%
- 6M
- -28.54%
- 1Y
- -40.80%
- 3Y*
- 28.78%
- 5Y*
- 11.03%
- 10Y*
- —
EDMW.DE vs. 2BTC.DE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | |
|---|---|---|---|---|---|---|---|
EDMW.DE iShares MSCI World ESG Enhanced UCITS ETF USD (Acc) | 10.19% | 6.42% | 25.12% | 18.98% | -15.82% | 33.40% | 10.86% |
2BTC.DE 21Shares Bitcoin ETP | -26.93% | -17.79% | 127.95% | 147.44% | -63.76% | 82.65% | 177.87% |
Correlation
The correlation between EDMW.DE and 2BTC.DE is 0.45, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.45 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.34 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.38 |
Correlation (All Time) Calculated using the full available price history since Jul 3, 2020 | 0.35 |
The correlation between EDMW.DE and 2BTC.DE shifts across timeframes, from 0.34 (3 years) to 0.45 (1 year), reflecting how their relationship changes across market environments.
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Return for Risk
EDMW.DE vs. 2BTC.DE — Risk / Return Rank
EDMW.DE
2BTC.DE
EDMW.DE vs. 2BTC.DE - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for iShares MSCI World ESG Enhanced UCITS ETF USD (Acc) (EDMW.DE) and 21Shares Bitcoin ETP (2BTC.DE). 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.
| EDMW.DE | 2BTC.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +2.96 | ||
| Sortino ratioReturn per unit of downside risk | +4.25 | ||
| Omega ratioGain probability vs. loss probability | 1.36 | 0.83 | +0.53 |
| Calmar ratioReturn relative to maximum drawdown | 3.07 | -0.83 | +3.90 |
| Martin ratioReturn relative to average drawdown | 12.11 | -1.45 | +13.56 |
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
| EDMW.DE | 2BTC.DE | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.93 | -1.04 | +2.96 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.80 | 0.21 | +0.60 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.78 | 0.62 | +0.16 |
Drawdowns
EDMW.DE vs. 2BTC.DE - Drawdown Comparison
The maximum EDMW.DE drawdown since its inception was -33.12%, smaller than the maximum 2BTC.DE drawdown of -74.55%. Use the drawdown chart below to compare losses from any high point for EDMW.DE and 2BTC.DE.
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Drawdown Indicators
| EDMW.DE | 2BTC.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -33.12% | -74.55% | +41.43% |
Max Drawdown (1Y)Largest decline over 1 year | -7.18% | -49.73% | +42.55% |
Max Drawdown (3Y)Largest decline over 3 years | -21.20% | -49.73% | +28.53% |
Max Drawdown (5Y)Largest decline over 5 years | -21.20% | -74.55% | +53.35% |
Current DrawdownCurrent decline from peak | -0.32% | -49.12% | +48.80% |
Average DrawdownAverage peak-to-trough decline | -5.12% | -30.26% | +25.14% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.82% | 28.45% | -26.63% |
Volatility
EDMW.DE vs. 2BTC.DE - Volatility Comparison
The current volatility for iShares MSCI World ESG Enhanced UCITS ETF USD (Acc) (EDMW.DE) is 2.75%, while 21Shares Bitcoin ETP (2BTC.DE) has a volatility of 9.87%. This indicates that EDMW.DE experiences smaller price fluctuations and is considered to be less risky than 2BTC.DE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| EDMW.DE | 2BTC.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 2.75% | 9.87% | -7.12% |
Volatility (6M)Calculated over the trailing 6-month period | 7.83% | 31.32% | -23.49% |
Volatility (1Y)Calculated over the trailing 1-year period | 11.41% | 39.83% | -28.42% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 14.23% | 52.82% | -38.59% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 16.27% | 57.93% | -41.66% |
EDMW.DE vs. 2BTC.DE - Expense Ratio Comparison
EDMW.DE has a 0.20% expense ratio, which is lower than 2BTC.DE's 1.49% expense ratio.
Dividends
EDMW.DE vs. 2BTC.DE - Dividend Comparison
Neither EDMW.DE nor 2BTC.DE has paid dividends to shareholders.
Frequently Asked Questions
EDMW.DE and 2BTC.DE have a correlation of 0.45, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, EDMW.DE is cheaper at 0.20% per year. The better choice depends on whether you care most about return, fees, risk, or income.
EDMW.DE is cheaper with a 0.20% expense ratio, compared with 1.49% for 2BTC.DE.
EDMW.DE is categorized as Global Equities, while 2BTC.DE is Cryptocurrency. They also come from different issuers: iShares and 21Shares. Their fees differ too: 0.20% for EDMW.DE and 1.49% for 2BTC.DE.
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