FWIA.DE vs. CLOD.DE
FWIA.DE (Invesco FTSE All-World UCITS ETF Acc) and CLOD.DE (Invesco EUR AAA CLO UCITS ETF Dist) are both exchange-traded funds - FWIA.DE is a Global Equities fund tracking the FTSE All-World, while CLOD.DE is a CLO fund actively managed by Invesco. FWIA.DE is passively managed, while CLOD.DE is actively managed. Over the past year, FWIA.DE returned 26.57% vs 3.39% for CLOD.DE. At a 0.02 correlation, their price movements are largely independent. FWIA.DE charges 0.15%/yr vs 0.25%/yr for CLOD.DE.
Performance
FWIA.DE vs. CLOD.DE - Performance Comparison
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Returns By Period
In the year-to-date period, FWIA.DE achieves a 12.60% return, which is significantly higher than CLOD.DE's 1.46% return.
FWIA.DE
- 1D
- -0.22%
- 1M
- 4.98%
- YTD
- 12.60%
- 6M
- 13.33%
- 1Y
- 26.57%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
CLOD.DE
- 1D
- 0.01%
- 1M
- 0.35%
- YTD
- 1.46%
- 6M
- 1.67%
- 1Y
- 3.39%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
FWIA.DE vs. CLOD.DE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | |
|---|---|---|
FWIA.DE Invesco FTSE All-World UCITS ETF Acc | 12.60% | 4.58% |
CLOD.DE Invesco EUR AAA CLO UCITS ETF Dist | 1.46% | 2.50% |
Correlation
The correlation between FWIA.DE and CLOD.DE is -0.00, meaning there is essentially no relationship between their price movements. Each responds to its own set of market drivers, making them strong candidates for combining in a diversified portfolio.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | -0.00 |
Correlation (All Time) Calculated using the full available price history since Feb 14, 2025 | 0.02 |
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Return for Risk
FWIA.DE vs. CLOD.DE — Risk / Return Rank
FWIA.DE
CLOD.DE
FWIA.DE vs. CLOD.DE - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Invesco FTSE All-World UCITS ETF Acc (FWIA.DE) and Invesco EUR AAA CLO UCITS ETF Dist (CLOD.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.
| FWIA.DE | CLOD.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -1.13 | ||
| Sortino ratioReturn per unit of downside risk | -2.34 | ||
| Omega ratioGain probability vs. loss probability | 1.44 | 1.92 | -0.48 |
| Calmar ratioReturn relative to maximum drawdown | 4.08 | 9.97 | -5.89 |
| Martin ratioReturn relative to average drawdown | 16.52 | 35.80 | -19.28 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| FWIA.DE | CLOD.DE | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 2.36 | 3.49 | -1.13 |
Sharpe Ratio (All Time)Calculated using the full available price history | 1.40 | 2.85 | -1.45 |
Drawdowns
FWIA.DE vs. CLOD.DE - Drawdown Comparison
The maximum FWIA.DE drawdown since its inception was -20.96%, which is greater than CLOD.DE's maximum drawdown of -0.62%. Use the drawdown chart below to compare losses from any high point for FWIA.DE and CLOD.DE.
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Drawdown Indicators
| FWIA.DE | CLOD.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -20.96% | -0.62% | -20.34% |
Max Drawdown (1Y)Largest decline over 1 year | -6.49% | -0.34% | -6.15% |
Current DrawdownCurrent decline from peak | -0.62% | 0.00% | -0.62% |
Average DrawdownAverage peak-to-trough decline | -2.44% | -0.10% | -2.34% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.60% | 0.09% | +1.51% |
Volatility
FWIA.DE vs. CLOD.DE - Volatility Comparison
Invesco FTSE All-World UCITS ETF Acc (FWIA.DE) has a higher volatility of 2.96% compared to Invesco EUR AAA CLO UCITS ETF Dist (CLOD.DE) at 0.30%. This indicates that FWIA.DE's price experiences larger fluctuations and is considered to be riskier than CLOD.DE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| FWIA.DE | CLOD.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 2.96% | 0.30% | +2.66% |
Volatility (6M)Calculated over the trailing 6-month period | 8.09% | 0.71% | +7.38% |
Volatility (1Y)Calculated over the trailing 1-year period | 11.22% | 0.98% | +10.24% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 13.18% | 1.07% | +12.11% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 13.18% | 1.07% | +12.11% |
FWIA.DE vs. CLOD.DE - Expense Ratio Comparison
FWIA.DE has a 0.15% expense ratio, which is lower than CLOD.DE's 0.25% expense ratio. Despite the difference, both funds are considered low-cost compared to the broader market, where average expense ratios usually range from 0.3% to 0.9%.
Dividends
FWIA.DE vs. CLOD.DE - Dividend Comparison
FWIA.DE has not paid dividends to shareholders, while CLOD.DE's dividend yield for the trailing twelve months is around 3.30%.
| Position | TTM | 2025 |
|---|---|---|
CLOD.DE Invesco EUR AAA CLO UCITS ETF Dist | 3.30% | 2.56% |
FWIA.DE Invesco FTSE All-World UCITS ETF Acc | 0.00% | 0.00% |
Frequently Asked Questions
FWIA.DE and CLOD.DE have a correlation of -0.00, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, FWIA.DE is cheaper at 0.15% per year. The better choice depends on whether you care most about return, fees, risk, or income.
FWIA.DE is cheaper with a 0.15% expense ratio, compared with 0.25% for CLOD.DE.
FWIA.DE is categorized as Global Equities, while CLOD.DE is CLO. Their fees differ too: 0.15% for FWIA.DE and 0.25% for CLOD.DE.
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