FTWD.DE vs. UEEH.DE
FTWD.DE (Invesco FTSE All-World UCITS ETF USD Distribution) and UEEH.DE (iShares Edge MSCI World Minimum Volatility UCITS ETF USD Dist) are both Global Equities funds - FTWD.DE tracks the FTSE All-World Index while UEEH.DE tracks the MSCI World Minimum Volatility. Both are passively managed. Over the past 3 years, FTWD.DE returned 17.83%/yr vs 7.50%/yr for UEEH.DE. At a 0.49 correlation, their price movements are largely independent. FTWD.DE charges 0.15%/yr vs 0.30%/yr for UEEH.DE.
Performance
FTWD.DE vs. UEEH.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 UEEH.DE's 4.56% return.
FTWD.DE
- 1D
- 0.52%
- 1M
- 0.92%
- 6M
- 14.25%
- YTD
- 14.08%
- 1Y
- 26.51%
- 3Y*
- 17.83%
- 5Y*
- —
- 10Y*
- —
UEEH.DE
- 1D
- 0.00%
- 1M
- 2.86%
- 6M
- 5.51%
- YTD
- 4.56%
- 1Y
- 5.38%
- 3Y*
- 7.50%
- 5Y*
- 5.97%
- 10Y*
- —
FTWD.DE vs. UEEH.DE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | |
|---|---|---|---|---|
FTWD.DE Invesco FTSE All-World UCITS ETF USD Distribution | 14.08% | 9.08% | 24.54% | -0.42% |
UEEH.DE iShares Edge MSCI World Minimum Volatility UCITS ETF USD Dist | 4.56% | -1.30% | 17.87% | 3.18% |
Correlation
The correlation between FTWD.DE and UEEH.DE is 0.29, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.29 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.49 |
Correlation (All Time) Calculated using the full available price history since Jun 26, 2023 | 0.49 |
The correlation between FTWD.DE and UEEH.DE shifts across timeframes, from 0.29 (1 year) to 0.49 (3 years), reflecting how their relationship changes across market environments.
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Return for Risk
FTWD.DE vs. UEEH.DE — Risk / Return Rank
FTWD.DE
UEEH.DE
FTWD.DE vs. UEEH.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 iShares Edge MSCI World Minimum Volatility UCITS ETF USD Dist (UEEH.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 | UEEH.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +1.56 | ||
| Sortino ratioReturn per unit of downside risk | +2.12 | ||
| Omega ratioGain probability vs. loss probability | 1.41 | 1.12 | +0.29 |
| Calmar ratioReturn relative to maximum drawdown | 4.07 | 1.01 | +3.06 |
| Martin ratioReturn relative to average drawdown | 16.12 | 2.54 | +13.58 |
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Drawdowns
FTWD.DE vs. UEEH.DE - Drawdown Comparison
The maximum FTWD.DE drawdown since its inception was -21.01%, which is greater than UEEH.DE's maximum drawdown of -12.87%. Use the drawdown chart below to compare losses from any high point for FTWD.DE and UEEH.DE.
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Drawdown Indicators
| FTWD.DE | UEEH.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -21.01% | -12.87% | -8.14% |
Max Drawdown (1Y)Largest decline over 1 year | -6.49% | -5.33% | -1.16% |
Max Drawdown (3Y)Largest decline over 3 years | -21.01% | -12.87% | -8.14% |
Max Drawdown (5Y)Largest decline over 5 years | — | -12.87% | — |
Current DrawdownCurrent decline from peak | -0.13% | -3.86% | +3.73% |
Average DrawdownAverage peak-to-trough decline | -3.16% | -4.38% | +1.22% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.64% | 2.11% | -0.47% |
Volatility
FTWD.DE vs. UEEH.DE - Volatility Comparison
Invesco FTSE All-World UCITS ETF USD Distribution (FTWD.DE) has a higher volatility of 3.62% compared to iShares Edge MSCI World Minimum Volatility UCITS ETF USD Dist (UEEH.DE) at 2.13%. This indicates that FTWD.DE's price experiences larger fluctuations and is considered to be riskier than UEEH.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 | UEEH.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 3.62% | 2.13% | +1.49% |
Volatility (6M)Calculated over the trailing 6-month period | 8.60% | 5.72% | +2.88% |
Volatility (1Y)Calculated over the trailing 1-year period | 11.89% | 8.05% | +3.84% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 13.70% | 10.30% | +3.40% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 13.70% | 10.21% | +3.49% |
FTWD.DE vs. UEEH.DE - Expense Ratio Comparison
FTWD.DE has a 0.15% expense ratio, which is lower than UEEH.DE's 0.30% expense ratio.
Dividends
FTWD.DE vs. UEEH.DE - Dividend Comparison
FTWD.DE's dividend yield for the trailing twelve months is around 1.23%, less than UEEH.DE's 1.65% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|---|
FTWD.DE Invesco FTSE All-World UCITS ETF USD Distribution | 1.23% | 1.36% | 1.49% | 0.70% | 0.00% | 0.00% |
UEEH.DE iShares Edge MSCI World Minimum Volatility UCITS ETF USD Dist | 1.65% | 1.72% | 1.70% | 1.89% | 1.73% | 1.62% |
Frequently Asked Questions
FTWD.DE and UEEH.DE have a correlation of 0.29, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, FTWD.DE is cheaper at 0.15% per year. The better choice depends on whether you care most about return, fees, risk, or income.
FTWD.DE is cheaper with a 0.15% expense ratio, compared with 0.30% for UEEH.DE.
FTWD.DE tracks FTSE All-World Index, while UEEH.DE tracks MSCI World Minimum Volatility. They also come from different issuers: Invesco and iShares. Their fees differ too: 0.15% for FTWD.DE and 0.30% for UEEH.DE.
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