ELCR.DE vs. UETW.DE
ELCR.DE (Amundi MSCI Smart Mobility UCITS ETF (Acc)) and UETW.DE (UBS ETF (IE) MSCI World UCITS ETF (USD) Acc) are both Global Equities funds - ELCR.DE tracks the MSCI ACWI IMI Future Mobility ESG Filtered Index while UETW.DE tracks the MSCI World. Both are passively managed. Over the past 5 years, ELCR.DE returned 5.78%/yr vs 12.06%/yr for UETW.DE. A 0.77 correlation means they provide meaningful diversification when combined. ELCR.DE charges 0.45%/yr vs 0.10%/yr for UETW.DE.
Performance
ELCR.DE vs. UETW.DE - Performance Comparison
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Returns By Period
In the year-to-date period, ELCR.DE achieves a 6.84% return, which is significantly lower than UETW.DE's 11.82% return.
ELCR.DE
- 1D
- -2.82%
- 1M
- -9.83%
- 6M
- 3.53%
- YTD
- 6.84%
- 1Y
- 23.76%
- 3Y*
- 8.62%
- 5Y*
- 5.78%
- 10Y*
- —
UETW.DE
- 1D
- -1.09%
- 1M
- 0.52%
- 6M
- 8.75%
- YTD
- 11.82%
- 1Y
- 21.95%
- 3Y*
- 17.67%
- 5Y*
- 12.06%
- 10Y*
- —
ELCR.DE vs. UETW.DE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | |
|---|---|---|---|---|---|---|---|
ELCR.DE Amundi MSCI Smart Mobility UCITS ETF (Acc) | 6.84% | 15.42% | 20.30% | 11.10% | -32.41% | 42.04% | 63.97% |
UETW.DE UBS ETF (IE) MSCI World UCITS ETF (USD) Acc | 11.82% | 8.05% | 26.48% | 19.71% | -13.72% | 32.19% | 20.65% |
Correlation
The correlation between ELCR.DE and UETW.DE is 0.80, 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 | 0.80 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.76 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.77 |
Correlation (All Time) Calculated using the full available price history since Apr 20, 2020 | 0.77 |
The correlation between ELCR.DE and UETW.DE has been stable across timeframes, ranging from 0.76 to 0.80 - a consistent structural relationship.
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Return for Risk
ELCR.DE vs. UETW.DE — Risk / Return Rank
ELCR.DE
UETW.DE
ELCR.DE vs. UETW.DE - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Amundi MSCI Smart Mobility UCITS ETF (Acc) (ELCR.DE) and UBS ETF (IE) MSCI World UCITS ETF (USD) Acc (UETW.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.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| ELCR.DE | UETW.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.96 | ||
| Sortino ratioReturn per unit of downside risk | -1.31 | ||
| Omega ratioGain probability vs. loss probability | 1.18 | 1.37 | -0.19 |
| Calmar ratioReturn relative to maximum drawdown | 1.96 | 3.28 | -1.32 |
| Martin ratioReturn relative to average drawdown | 4.90 | 12.82 | -7.92 |
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Drawdowns
ELCR.DE vs. UETW.DE - Drawdown Comparison
The maximum ELCR.DE drawdown since its inception was -39.74%, which is greater than UETW.DE's maximum drawdown of -33.74%. Use the drawdown chart below to compare losses from any high point for ELCR.DE and UETW.DE.
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Drawdown Indicators
| ELCR.DE | UETW.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -39.74% | -33.74% | -6.00% |
Max Drawdown (1Y)Largest decline over 1 year | -12.07% | -6.67% | -5.40% |
Max Drawdown (3Y)Largest decline over 3 years | -29.51% | -21.32% | -8.19% |
Max Drawdown (5Y)Largest decline over 5 years | -39.74% | -21.32% | -18.42% |
Current DrawdownCurrent decline from peak | -12.07% | -1.17% | -10.90% |
Average DrawdownAverage peak-to-trough decline | -17.16% | -4.97% | -12.19% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 4.84% | 1.71% | +3.13% |
Volatility
ELCR.DE vs. UETW.DE - Volatility Comparison
Amundi MSCI Smart Mobility UCITS ETF (Acc) (ELCR.DE) has a higher volatility of 9.64% compared to UBS ETF (IE) MSCI World UCITS ETF (USD) Acc (UETW.DE) at 2.64%. This indicates that ELCR.DE's price experiences larger fluctuations and is considered to be riskier than UETW.DE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| ELCR.DE | UETW.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 9.64% | 2.64% | +7.00% |
Volatility (6M)Calculated over the trailing 6-month period | 18.26% | 7.83% | +10.43% |
Volatility (1Y)Calculated over the trailing 1-year period | 23.22% | 11.17% | +12.05% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 25.28% | 14.06% | +11.22% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 25.59% | 16.55% | +9.04% |
ELCR.DE vs. UETW.DE - Expense Ratio Comparison
ELCR.DE has a 0.45% expense ratio, which is higher than UETW.DE's 0.10% expense ratio.
Dividends
ELCR.DE vs. UETW.DE - Dividend Comparison
Neither ELCR.DE nor UETW.DE has paid dividends to shareholders.
Frequently Asked Questions
ELCR.DE and UETW.DE have a correlation of 0.80, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, UETW.DE is cheaper at 0.10% per year. The better choice depends on whether you care most about return, fees, risk, or income.
UETW.DE is cheaper with a 0.10% expense ratio, compared with 0.45% for ELCR.DE.
ELCR.DE tracks MSCI ACWI IMI Future Mobility ESG Filtered Index, while UETW.DE tracks MSCI World. They also come from different issuers: Amundi and UBS. Their fees differ too: 0.45% for ELCR.DE and 0.10% for UETW.DE.
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