EMEC.DE vs. AW10.DE
Compare and contrast key facts about BNP Paribas Easy ECPI Circular Economy Leaders UCITS ETF EUR (EMEC.DE) and UBS ETF (IE) MSCI World Climate Paris Aligned UCITS ETF (USD) Acc (AW10.DE).
EMEC.DE and AW10.DE are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. EMEC.DE is a passively managed fund by BNP Paribas that tracks the performance of the ECPI Circular Economy Leaders Equity. It was launched on Apr 24, 2019. AW10.DE is a passively managed fund by UBS that tracks the performance of the MSCI World Climate Paris Aligned. It was launched on Mar 11, 2021. Both EMEC.DE and AW10.DE are passive ETFs, meaning that they are not actively managed but aim to replicate the performance of the underlying index as closely as possible.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: EMEC.DE or AW10.DE.
Key characteristics
| EMEC.DE | AW10.DE | |
|---|---|---|
| YTD Return | 8.12% | 15.49% |
| 1Y Return | 14.12% | 22.92% |
| 3Y Return (Ann) | 7.39% | 2.34% |
| Sharpe Ratio | 1.44 | 2.21 |
| Daily Std Dev | 11.00% | 11.22% |
| Max Drawdown | -30.18% | -29.57% |
| Current Drawdown | -3.69% | -0.56% |
Correlation
The correlation between EMEC.DE and AW10.DE is 0.86, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.
Performance
EMEC.DE vs. AW10.DE - Performance Comparison
In the year-to-date period, EMEC.DE achieves a 8.12% return, which is significantly lower than AW10.DE's 15.49% 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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EMEC.DE vs. AW10.DE - Expense Ratio Comparison
EMEC.DE has a 0.30% expense ratio, which is higher than AW10.DE's 0.15% expense ratio.
Risk-Adjusted Performance
EMEC.DE vs. AW10.DE - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for BNP Paribas Easy ECPI Circular Economy Leaders UCITS ETF EUR (EMEC.DE) and UBS ETF (IE) MSCI World Climate Paris Aligned UCITS ETF (USD) Acc (AW10.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.
Dividends
EMEC.DE vs. AW10.DE - Dividend Comparison
Neither EMEC.DE nor AW10.DE has paid dividends to shareholders.
Drawdowns
EMEC.DE vs. AW10.DE - Drawdown Comparison
The maximum EMEC.DE drawdown since its inception was -30.18%, roughly equal to the maximum AW10.DE drawdown of -29.57%. Use the drawdown chart below to compare losses from any high point for EMEC.DE and AW10.DE. For additional features, visit the drawdowns tool.
Volatility
EMEC.DE vs. AW10.DE - Volatility Comparison
BNP Paribas Easy ECPI Circular Economy Leaders UCITS ETF EUR (EMEC.DE) and UBS ETF (IE) MSCI World Climate Paris Aligned UCITS ETF (USD) Acc (AW10.DE) have volatilities of 3.75% and 3.86%, 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.