EUCO.L vs. LCWD.L

Last updated Apr 2, 2026

Compare and contrast key facts about SPDR Bloomberg Euro Corporate Bond UCITS ETF (EUCO.L) and Lyxor Core MSCI World (DR) UCITS ETF (LCWD.L).

EUCO.L and LCWD.L are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. EUCO.L is a passively managed fund by State Street that tracks the performance of the Bloomberg Euro Corp TR EUR. It was launched on May 23, 2011. LCWD.L is a passively managed fund by Amundi that tracks the performance of the MSCI ACWI NR USD. It was launched on Feb 28, 2018. Both EUCO.L and LCWD.L are passive ETFs, meaning that they are not actively managed but aim to replicate the performance of the underlying index as closely as possible.

Performance

EUCO.L vs. LCWD.L - Performance Comparison

The chart below illustrates the hypothetical performance of a €10,000 investment in SPDR Bloomberg Euro Corporate Bond UCITS ETF (EUCO.L) and Lyxor Core MSCI World (DR) UCITS ETF (LCWD.L). The values are adjusted to include any dividend payments, if applicable.

EUCO.L vs. LCWD.L - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018
EUCO.L SPDR Bloomberg Euro Corporate Bond UCITS ETF	-0.61%	2.91%	4.46%	7.64%	-13.67%	-1.21%	2.64%	6.74%	-0.81%
LCWD.L Lyxor Core MSCI World (DR) UCITS ETF	0.00%	2.55%	26.99%	20.56%	-14.15%	32.55%	6.37%	29.81%	-1.20%

Different Trading Currencies

EUCO.L is traded in EUR, while LCWD.L is traded in USD. To make them comparable, the LCWD.L values have been converted to EUR using the latest available exchange rates.

Returns By Period

EUCO.L

• 1D: 0.41%
• 1M: -1.44%
• YTD: -0.61%
• 6M: -0.40%
• 1Y: 2.22%
• 3Y*: 4.24%
• 5Y*: -0.29%
• 10Y*: 0.97%

LCWD.L

• 1D: —
• 1M: —
• YTD: —
• 6M: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

EUCO.L vs. LCWD.L - Expense Ratio Comparison

Both EUCO.L and LCWD.L have an expense ratio of 0.12%, making them cost-effective options compared to the broader market, where average expense ratios typically range from 0.3% to 0.9%.

EUCO.L

SPDR Bloomberg Euro Corporate Bond UCITS ETF

LCWD.L

Lyxor Core MSCI World (DR) UCITS ETF

Return for Risk

EUCO.L vs. LCWD.L — Risk / Return Rank

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

EUCO.L

EUCO.L Risk / Return Rank: 35
EUCO.L Sharpe Ratio Rank: 39
EUCO.L Sortino Ratio Rank: 35
EUCO.L Omega Ratio Rank: 33
EUCO.L Calmar Ratio Rank: 31
EUCO.L Martin Ratio Rank: 37

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.

EUCO.L vs. LCWD.L - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for SPDR Bloomberg Euro Corporate Bond UCITS ETF (EUCO.L) and Lyxor Core MSCI World (DR) UCITS ETF (LCWD.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.

	EUCO.L	LCWD.L	Difference
Sharpe ratio Return per unit of total volatility	0.78	—	—
Sortino ratio Return per unit of downside risk	1.09	—	—
Omega ratio Gain probability vs. loss probability	1.14	—	—
Calmar ratio Return relative to maximum drawdown	0.89	—	—
Martin ratio Return relative to average drawdown	3.89	—	—
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

Sharpe Ratios by Period

	EUCO.L	LCWD.L	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	0.78	—	—
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	-0.07	—	—
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.22	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.25	—	—

Correlation

The correlation between EUCO.L and LCWD.L is 0.23, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.

Dividends

EUCO.L vs. LCWD.L - Dividend Comparison

EUCO.L's dividend yield for the trailing twelve months is around 3.30%, while LCWD.L has not paid dividends to shareholders.

	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
EUCO.L SPDR Bloomberg Euro Corporate Bond UCITS ETF	3.30%	3.25%	3.07%	2.13%	0.96%	0.89%	0.86%	1.38%	0.89%	1.21%	1.36%	1.71%
LCWD.L Lyxor Core MSCI World (DR) UCITS ETF	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%

Drawdowns

Drawdown Indicators

	EUCO.L	LCWD.L	Difference
Max Drawdown Largest peak-to-trough decline	-17.53%	—	—
Max Drawdown (1Y) Largest decline over 1 year	-2.66%	—	—
Max Drawdown (5Y) Largest decline over 5 years	-17.53%	—	—
Max Drawdown (10Y) Largest decline over 10 years	-17.53%	—	—
Current Drawdown Current decline from peak	-2.57%	—	—
Average Drawdown Average peak-to-trough decline	-3.89%	—	—
Ulcer Index Depth and duration of drawdowns from previous peaks	0.61%	—	—

Volatility

Volatility by Period

	EUCO.L	LCWD.L	Difference
Volatility (1M) Calculated over the trailing 1-month period	1.61%	—	—
Volatility (6M) Calculated over the trailing 6-month period	2.09%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	2.84%	—	—
Volatility (5Y) Calculated over the trailing 5-year period, annualized	4.46%	—	—
Volatility (10Y) Calculated over the trailing 10-year period, annualized	4.41%	—	—