FWEA.DE vs. UBU7.DE
FWEA.DE (Invesco FTSE All-World UCITS ETF EUR PfHdg Acc) and UBU7.DE (UBS ETF (IE) MSCI World UCITS ETF (USD) Dist) are both Global Equities funds - FWEA.DE tracks the FTSE All-World Index while UBU7.DE tracks the MSCI World. Both are passively managed. Over the past 3 years, FWEA.DE returned 17.71%/yr vs 17.65%/yr for UBU7.DE. Their correlation of 0.84 suggests significant overlap in exposure. FWEA.DE charges 0.20%/yr vs 0.10%/yr for UBU7.DE.
Performance
FWEA.DE vs. UBU7.DE - Performance Comparison
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Returns By Period
In the year-to-date period, FWEA.DE achieves a 10.02% return, which is significantly lower than UBU7.DE's 12.56% return.
FWEA.DE
- 1D
- 0.00%
- 1M
- -0.80%
- 6M
- 10.26%
- YTD
- 10.02%
- 1Y
- 21.71%
- 3Y*
- 17.71%
- 5Y*
- —
- 10Y*
- —
UBU7.DE
- 1D
- 0.34%
- 1M
- 1.45%
- 6M
- 13.08%
- YTD
- 12.56%
- 1Y
- 24.39%
- 3Y*
- 17.65%
- 5Y*
- 12.26%
- 10Y*
- 12.92%
FWEA.DE vs. UBU7.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% |
UBU7.DE UBS ETF (IE) MSCI World UCITS ETF (USD) Dist | 12.56% | 8.11% | 26.08% | 8.50% |
Correlation
The correlation between FWEA.DE and UBU7.DE is 0.86, indicating a strong positive relationship between their price movements. Combining them offers limited diversification - they tend to fall together during downturns.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.86 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.84 |
Correlation (All Time) Calculated using the full available price history since Jun 26, 2023 | 0.84 |
The correlation between FWEA.DE and UBU7.DE has been stable across timeframes, ranging from 0.84 to 0.86 - a consistent structural relationship.
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Return for Risk
FWEA.DE vs. UBU7.DE — Risk / Return Rank
FWEA.DE
UBU7.DE
FWEA.DE vs. UBU7.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 UBS ETF (IE) MSCI World UCITS ETF (USD) Dist (UBU7.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 | UBU7.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.33 | ||
| Sortino ratioReturn per unit of downside risk | -0.25 | ||
| Omega ratioGain probability vs. loss probability | 1.34 | 1.40 | -0.06 |
| Calmar ratioReturn relative to maximum drawdown | 2.62 | 3.72 | -1.10 |
| Martin ratioReturn relative to average drawdown | 10.72 | 14.74 | -4.02 |
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Drawdowns
FWEA.DE vs. UBU7.DE - Drawdown Comparison
The maximum FWEA.DE drawdown since its inception was -17.48%, smaller than the maximum UBU7.DE drawdown of -33.85%. Use the drawdown chart below to compare losses from any high point for FWEA.DE and UBU7.DE.
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Drawdown Indicators
| FWEA.DE | UBU7.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -17.48% | -33.85% | +16.37% |
Max Drawdown (1Y)Largest decline over 1 year | -8.28% | -6.52% | -1.76% |
Max Drawdown (3Y)Largest decline over 3 years | -17.48% | -21.70% | +4.22% |
Max Drawdown (5Y)Largest decline over 5 years | — | -21.70% | — |
Max Drawdown (10Y)Largest decline over 10 years | — | -33.85% | — |
Current DrawdownCurrent decline from peak | -1.37% | -0.08% | -1.29% |
Average DrawdownAverage peak-to-trough decline | -1.86% | -5.67% | +3.81% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.03% | 1.65% | +0.38% |
Volatility
FWEA.DE vs. UBU7.DE - Volatility Comparison
Invesco FTSE All-World UCITS ETF EUR PfHdg Acc (FWEA.DE) has a higher volatility of 3.88% compared to UBS ETF (IE) MSCI World UCITS ETF (USD) Dist (UBU7.DE) at 3.14%. This indicates that FWEA.DE's price experiences larger fluctuations and is considered to be riskier than UBU7.DE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| FWEA.DE | UBU7.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 3.88% | 3.14% | +0.74% |
Volatility (6M)Calculated over the trailing 6-month period | 9.49% | 7.88% | +1.61% |
Volatility (1Y)Calculated over the trailing 1-year period | 11.88% | 11.30% | +0.58% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 12.75% | 14.15% | -1.40% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 12.75% | 15.06% | -2.31% |
FWEA.DE vs. UBU7.DE - Expense Ratio Comparison
FWEA.DE has a 0.20% expense ratio, which is higher than UBU7.DE's 0.10% 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
FWEA.DE vs. UBU7.DE - Dividend Comparison
FWEA.DE has not paid dividends to shareholders, while UBU7.DE's dividend yield for the trailing twelve months is around 1.30%.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
FWEA.DE Invesco FTSE All-World UCITS ETF EUR PfHdg Acc | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
UBU7.DE UBS ETF (IE) MSCI World UCITS ETF (USD) Dist | 1.30% | 1.56% | 1.33% | 1.44% | 1.61% | 1.08% | 1.46% | 1.72% | 1.70% | 1.80% | 2.20% | 1.80% |
Frequently Asked Questions
FWEA.DE and UBU7.DE have a correlation of 0.86, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, UBU7.DE is cheaper at 0.10% per year. The better choice depends on whether you care most about return, fees, risk, or income.
UBU7.DE is cheaper with a 0.10% expense ratio, compared with 0.20% for FWEA.DE.
FWEA.DE tracks FTSE All-World Index, while UBU7.DE tracks MSCI World. They also come from different issuers: Invesco and UBS. Their fees differ too: 0.20% for FWEA.DE and 0.10% for UBU7.DE.
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