FWEA.DE vs. SXR0.DE
FWEA.DE (Invesco FTSE All-World UCITS ETF EUR PfHdg Acc) and SXR0.DE (iShares Edge MSCI World Minimum Volatility UCITS ETF EUR Hedged (Acc)) are both Global Equities funds - FWEA.DE tracks the FTSE All-World Index while SXR0.DE tracks the MSCI World Minimum Volatility Index (EUR Hedged). Both are passively managed. Over the past 3 years, FWEA.DE returned 17.71%/yr vs 8.28%/yr for SXR0.DE. At a 0.48 correlation, their price movements are largely independent. FWEA.DE charges 0.20%/yr vs 0.35%/yr for SXR0.DE.
Performance
FWEA.DE vs. SXR0.DE - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, FWEA.DE achieves a 10.02% return, which is significantly higher than SXR0.DE's 2.15% return.
FWEA.DE
- 1D
- 0.00%
- 1M
- -0.80%
- 6M
- 10.26%
- YTD
- 10.02%
- 1Y
- 21.71%
- 3Y*
- 17.71%
- 5Y*
- —
- 10Y*
- —
SXR0.DE
- 1D
- 0.23%
- 1M
- 1.78%
- 6M
- 3.00%
- YTD
- 2.15%
- 1Y
- 2.76%
- 3Y*
- 8.28%
- 5Y*
- 4.77%
- 10Y*
- —
FWEA.DE vs. SXR0.DE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | |
|---|---|---|---|---|
FWEA.DE Invesco FTSE All-World UCITS ETF EUR PfHdg Acc | 10.02% | 17.53% | 19.21% | 8.62% |
SXR0.DE iShares Edge MSCI World Minimum Volatility UCITS ETF EUR Hedged (Acc) | 2.15% | 7.02% | 13.29% | 3.59% |
Correlation
The correlation between FWEA.DE and SXR0.DE is 0.28, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.28 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.48 |
Correlation (All Time) Calculated using the full available price history since Jun 26, 2023 | 0.48 |
Over the past year, the correlation between FWEA.DE and SXR0.DE has dropped to 0.28 - well below their long-term average of 0.48, suggesting their price drivers have been diverging.
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Return for Risk
FWEA.DE vs. SXR0.DE — Risk / Return Rank
FWEA.DE
SXR0.DE
FWEA.DE vs. SXR0.DE - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Invesco FTSE All-World UCITS ETF EUR PfHdg Acc (FWEA.DE) and iShares Edge MSCI World Minimum Volatility UCITS ETF EUR Hedged (Acc) (SXR0.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.
| FWEA.DE | SXR0.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +1.49 | ||
| Sortino ratioReturn per unit of downside risk | +2.22 | ||
| Omega ratioGain probability vs. loss probability | 1.34 | 1.06 | +0.28 |
| Calmar ratioReturn relative to maximum drawdown | 2.62 | 0.52 | +2.10 |
| Martin ratioReturn relative to average drawdown | 10.72 | 1.13 | +9.59 |
Loading charts...
Drawdowns
FWEA.DE vs. SXR0.DE - Drawdown Comparison
The maximum FWEA.DE drawdown since its inception was -17.48%, smaller than the maximum SXR0.DE drawdown of -27.73%. Use the drawdown chart below to compare losses from any high point for FWEA.DE and SXR0.DE.
Loading charts...
Drawdown Indicators
| FWEA.DE | SXR0.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -17.48% | -27.73% | +10.25% |
Max Drawdown (1Y)Largest decline over 1 year | -8.28% | -5.26% | -3.02% |
Max Drawdown (3Y)Largest decline over 3 years | -17.48% | -9.18% | -8.30% |
Max Drawdown (5Y)Largest decline over 5 years | — | -15.61% | — |
Current DrawdownCurrent decline from peak | -1.37% | -1.95% | +0.58% |
Average DrawdownAverage peak-to-trough decline | -1.86% | -3.96% | +2.10% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.03% | 2.44% | -0.41% |
Volatility
FWEA.DE vs. SXR0.DE - Volatility Comparison
Invesco FTSE All-World UCITS ETF EUR PfHdg Acc (FWEA.DE) has a higher volatility of 3.88% compared to iShares Edge MSCI World Minimum Volatility UCITS ETF EUR Hedged (Acc) (SXR0.DE) at 2.35%. This indicates that FWEA.DE's price experiences larger fluctuations and is considered to be riskier than SXR0.DE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| FWEA.DE | SXR0.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 3.88% | 2.35% | +1.53% |
Volatility (6M)Calculated over the trailing 6-month period | 9.49% | 5.77% | +3.72% |
Volatility (1Y)Calculated over the trailing 1-year period | 11.88% | 8.13% | +3.75% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 12.75% | 10.15% | +2.60% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 12.75% | 11.61% | +1.14% |
FWEA.DE vs. SXR0.DE - Expense Ratio Comparison
FWEA.DE has a 0.20% expense ratio, which is lower than SXR0.DE's 0.35% expense ratio.
Dividends
FWEA.DE vs. SXR0.DE - Dividend Comparison
Neither FWEA.DE nor SXR0.DE has paid dividends to shareholders.
Frequently Asked Questions
FWEA.DE and SXR0.DE have a correlation of 0.28, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, FWEA.DE is cheaper at 0.20% per year. The better choice depends on whether you care most about return, fees, risk, or income.
FWEA.DE is cheaper with a 0.20% expense ratio, compared with 0.35% for SXR0.DE.
FWEA.DE tracks FTSE All-World Index, while SXR0.DE tracks MSCI World Minimum Volatility Index (EUR Hedged). They also come from different issuers: Invesco and iShares. Their fees differ too: 0.20% for FWEA.DE and 0.35% for SXR0.DE.
Find the right allocation for FWEA.DE and SXR0.DE
Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Optimizer