FTWG.L vs. PRWU.L

Last updated Jun 4, 2026

FTWG.L (Invesco FTSE All-World UCITS ETF USD Dist) and PRWU.L (Amundi Prime Global UCITS ETF DR (C)) are both Global Equities funds - FTWG.L tracks the FTSE All-World Index while PRWU.L tracks the MSCI ACWI NR USD. Both are passively managed. A 0.55 correlation means they provide meaningful diversification when combined. FTWG.L charges 0.15%/yr vs 0.05%/yr for PRWU.L.

Performance

FTWG.L vs. PRWU.L - Performance Comparison

The chart below illustrates the hypothetical performance of a £10,000 investment in Invesco FTSE All-World UCITS ETF USD Dist (FTWG.L) and Amundi Prime Global UCITS ETF DR (C) (PRWU.L). The values are adjusted to include any dividend payments, if applicable.

Different Trading Currencies

FTWG.L is traded in GBp, while PRWU.L is traded in USD. To make them comparable, the PRWU.L values have been converted to GBp using the latest available exchange rates.

Returns By Period

FTWG.L

• 1D: -0.39%
• 1M: 5.92%
• YTD: 11.90%
• 6M: 12.72%
• 1Y: 30.40%
• 3Y*: —
• 5Y*: —
• 10Y*: —

PRWU.L

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

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

FTWG.L vs. PRWU.L - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023
FTWG.L Invesco FTSE All-World UCITS ETF USD Dist	11.90%	14.12%	19.92%	7.22%
PRWU.L Amundi Prime Global UCITS ETF DR (C)	0.00%	0.00%	20.63%	8.02%

Correlation

The correlation between FTWG.L and PRWU.L is 0.55, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.

	Correlation
Correlation (All Time) Calculated using the full available price history since Jun 30, 2023	0.55

FTWG.L vs. PRWU.L - Sectors Allocation Comparison

Sectors	FTWG.L	PRWU.L
Technology	29.1%	27.0%
Financial Services	16.4%	15.8%
Industrials	11.0%	9.9%
Consumer Cyclical	9.4%	10.5%
Communication Services	8.9%	8.1%
Healthcare	7.6%	10.7%
Consumer Defensive	5.0%	6.1%
Energy	4.3%	4.0%
Basic Materials	3.9%	3.2%
Utilities	2.6%	2.7%
Real Estate	1.9%	2.1%

Return for Risk

FTWG.L vs. PRWU.L — Risk / Return Rank

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

FTWG.L

FTWG.L Risk / Return Rank: 85
FTWG.L Sharpe Ratio Rank: 87
FTWG.L Sortino Ratio Rank: 87
FTWG.L Omega Ratio Rank: 88
FTWG.L Calmar Ratio Rank: 81
FTWG.L Martin Ratio Rank: 84

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.

FTWG.L vs. PRWU.L - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Invesco FTSE All-World UCITS ETF USD Dist (FTWG.L) and Amundi Prime Global UCITS ETF DR (C) (PRWU.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.

	FTWG.L	PRWU.L	Difference
Sharpe ratio: Return per unit of total volatility	2.94	—	—
Sortino ratio: Return per unit of downside risk	4.04	—	—
Omega ratio: Gain probability vs. loss probability	1.56	—	—
Calmar ratio: Return relative to maximum drawdown	4.26	—	—
Martin ratio: Return relative to average drawdown	17.35	—	—
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

	FTWG.L	PRWU.L	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	2.94	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	1.55	—	—

Drawdowns

Drawdown Indicators

	FTWG.L	PRWU.L	Difference
Max Drawdown Largest peak-to-trough decline	-17.78%	—	—
Max Drawdown (1Y) Largest decline over 1 year	-7.11%	—	—
Current Drawdown Current decline from peak	-0.39%	—	—
Average Drawdown Average peak-to-trough decline	-1.99%	—	—
Ulcer Index Depth and duration of drawdowns from previous peaks	1.75%	—	—

Volatility

Volatility by Period

	FTWG.L	PRWU.L	Difference
Volatility (1M) Calculated over the trailing 1-month period	3.03%	—	—
Volatility (6M) Calculated over the trailing 6-month period	7.59%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	10.31%	—	—
Volatility (5Y) Calculated over the trailing 5-year period, annualized	11.90%	—	—
Volatility (10Y) Calculated over the trailing 10-year period, annualized	11.90%	—	—

FTWG.L vs. PRWU.L - Expense Ratio Comparison

FTWG.L has a 0.15% expense ratio, which is higher than PRWU.L'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

FTWG.L vs. PRWU.L - Dividend Comparison

FTWG.L's dividend yield for the trailing twelve months is around 1.21%, while PRWU.L has not paid dividends to shareholders.

Position	TTM	2025	2024	2023
FTWG.L Invesco FTSE All-World UCITS ETF USD Dist	1.21%	1.34%	1.50%	0.70%
PRWU.L Amundi Prime Global UCITS ETF DR (C)	0.00%	0.00%	0.00%	0.00%

Frequently Asked Questions

Can I hold both FTWG.L and PRWU.L in my portfolio?

FTWG.L and PRWU.L have a correlation of 0.55, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, FTWG.L or PRWU.L?

On fees, PRWU.L is cheaper at 0.05% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, FTWG.L or PRWU.L?

PRWU.L is cheaper with a 0.05% expense ratio, compared with 0.15% for FTWG.L.

What is the main difference between FTWG.L and PRWU.L?

FTWG.L tracks FTSE All-World Index, while PRWU.L tracks MSCI ACWI NR USD. They also come from different issuers: Invesco and Amundi. Their fees differ too: 0.15% for FTWG.L and 0.05% for PRWU.L.