FTWD.DE vs. MWOL.DE
FTWD.DE (Invesco FTSE All-World UCITS ETF USD Distribution) and MWOL.DE (Amundi Prime Global UCITS ETF Dist) are both Global Equities funds - FTWD.DE tracks the FTSE All-World Index while MWOL.DE tracks the Solactive GBS Developed Markets Large & Mid Cap USD Index Net TR. Both are passively managed. Over the past year, FTWD.DE returned 26.51% vs 24.08% for MWOL.DE. With a 0.97 correlation, they move nearly in lockstep. FTWD.DE charges 0.15%/yr vs 0.05%/yr for MWOL.DE.
Performance
FTWD.DE vs. MWOL.DE - Performance Comparison
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Returns By Period
In the year-to-date period, FTWD.DE achieves a 14.08% return, which is significantly higher than MWOL.DE's 12.09% return.
FTWD.DE
- 1D
- 0.52%
- 1M
- 0.92%
- 6M
- 14.25%
- YTD
- 14.08%
- 1Y
- 26.51%
- 3Y*
- 17.83%
- 5Y*
- —
- 10Y*
- —
MWOL.DE
- 1D
- 0.00%
- 1M
- 1.06%
- 6M
- 12.59%
- YTD
- 12.09%
- 1Y
- 24.08%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
FTWD.DE vs. MWOL.DE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | |
|---|---|---|---|
FTWD.DE Invesco FTSE All-World UCITS ETF USD Distribution | 14.08% | 9.08% | -1.37% |
MWOL.DE Amundi Prime Global UCITS ETF Dist | 12.09% | 8.53% | -1.28% |
Correlation
The correlation between FTWD.DE and MWOL.DE is 0.97 - these two move nearly in lockstep. At this level, holding both provides almost no diversification benefit. If you already own one, adding the other does little to reduce portfolio risk.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.97 |
Correlation (All Time) Calculated using the full available price history since Nov 25, 2024 | 0.97 |
The correlation between FTWD.DE and MWOL.DE has been stable across timeframes, ranging from 0.97 to 0.97 - a consistent structural relationship.
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Return for Risk
FTWD.DE vs. MWOL.DE — Risk / Return Rank
FTWD.DE
MWOL.DE
FTWD.DE vs. MWOL.DE - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Invesco FTSE All-World UCITS ETF USD Distribution (FTWD.DE) and Amundi Prime Global UCITS ETF Dist (MWOL.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.
| FTWD.DE | MWOL.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.12 | ||
| Sortino ratioReturn per unit of downside risk | +0.17 | ||
| Omega ratioGain probability vs. loss probability | 1.41 | 1.39 | +0.01 |
| Calmar ratioReturn relative to maximum drawdown | 4.07 | 3.67 | +0.39 |
| Martin ratioReturn relative to average drawdown | 16.12 | 14.62 | +1.50 |
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Drawdowns
FTWD.DE vs. MWOL.DE - Drawdown Comparison
The maximum FTWD.DE drawdown since its inception was -21.01%, roughly equal to the maximum MWOL.DE drawdown of -21.64%. Use the drawdown chart below to compare losses from any high point for FTWD.DE and MWOL.DE.
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Drawdown Indicators
| FTWD.DE | MWOL.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -21.01% | -21.64% | +0.63% |
Max Drawdown (1Y)Largest decline over 1 year | -6.49% | -6.58% | +0.09% |
Max Drawdown (3Y)Largest decline over 3 years | -21.01% | — | — |
Current DrawdownCurrent decline from peak | -0.13% | -0.51% | +0.38% |
Average DrawdownAverage peak-to-trough decline | -3.16% | -3.57% | +0.41% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.64% | 1.65% | -0.01% |
Volatility
FTWD.DE vs. MWOL.DE - Volatility Comparison
Invesco FTSE All-World UCITS ETF USD Distribution (FTWD.DE) has a higher volatility of 3.62% compared to Amundi Prime Global UCITS ETF Dist (MWOL.DE) at 3.23%. This indicates that FTWD.DE's price experiences larger fluctuations and is considered to be riskier than MWOL.DE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| FTWD.DE | MWOL.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 3.62% | 3.23% | +0.39% |
Volatility (6M)Calculated over the trailing 6-month period | 8.60% | 8.17% | +0.43% |
Volatility (1Y)Calculated over the trailing 1-year period | 11.89% | 11.50% | +0.39% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 13.70% | 14.98% | -1.28% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 13.70% | 14.98% | -1.28% |
FTWD.DE vs. MWOL.DE - Expense Ratio Comparison
FTWD.DE has a 0.15% expense ratio, which is higher than MWOL.DE's 0.05% 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
FTWD.DE vs. MWOL.DE - Dividend Comparison
FTWD.DE's dividend yield for the trailing twelve months is around 1.23%, more than MWOL.DE's 1.18% yield.
| Position | TTM | 2025 | 2024 | 2023 |
|---|---|---|---|---|
FTWD.DE Invesco FTSE All-World UCITS ETF USD Distribution | 1.23% | 1.36% | 1.49% | 0.70% |
MWOL.DE Amundi Prime Global UCITS ETF Dist | 1.18% | 1.67% | 0.00% | 0.00% |
Frequently Asked Questions
With a correlation of 0.97, FTWD.DE and MWOL.DE move almost identically. Holding both adds very little diversification - you're essentially doubling your position in the same market segment. Choosing one is usually more capital-efficient.
On fees, MWOL.DE is cheaper at 0.05% per year. The better choice depends on whether you care most about return, fees, risk, or income.
MWOL.DE is cheaper with a 0.05% expense ratio, compared with 0.15% for FTWD.DE.
FTWD.DE tracks FTSE All-World Index, while MWOL.DE tracks Solactive GBS Developed Markets Large & Mid Cap USD Index Net TR. They also come from different issuers: Invesco and Amundi. Their fees differ too: 0.15% for FTWD.DE and 0.05% for MWOL.DE.
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