FWIA.DE vs. CUKX.L
FWIA.DE (Invesco FTSE All-World UCITS ETF Acc) and CUKX.L (iShares FTSE 100 UCITS ETF) are both exchange-traded funds - FWIA.DE is a Global Equities fund tracking the FTSE All-World, while CUKX.L is a fund fund tracking the FTSE 100 Index. Both are passively managed. Over the past year, FWIA.DE returned 26.93% vs 19.92% for CUKX.L. A 0.60 correlation means they provide meaningful diversification when combined. FWIA.DE charges 0.15%/yr vs 0.07%/yr for CUKX.L.
Performance
FWIA.DE vs. CUKX.L - Performance Comparison
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Different Trading Currencies
FWIA.DE is traded in EUR, while CUKX.L is traded in GBp. To make them comparable, the CUKX.L values have been converted to EUR using the latest available exchange rates.
Returns By Period
In the year-to-date period, FWIA.DE achieves a 12.60% return, which is significantly higher than CUKX.L's 8.19% return.
FWIA.DE
- 1D
- -0.22%
- 1M
- 3.01%
- YTD
- 12.60%
- 6M
- 14.34%
- 1Y
- 26.93%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
CUKX.L
- 1D
- 1.46%
- 1M
- 1.83%
- YTD
- 8.19%
- 6M
- 11.90%
- 1Y
- 19.92%
- 3Y*
- 14.86%
- 5Y*
- 11.63%
- 10Y*
- 8.90%
FWIA.DE vs. CUKX.L - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | |
|---|---|---|---|---|
FWIA.DE Invesco FTSE All-World UCITS ETF Acc | 12.60% | 9.02% | 24.70% | 7.98% |
CUKX.L iShares FTSE 100 UCITS ETF | 8.19% | 19.22% | 14.57% | 4.62% |
Correlation
The correlation between FWIA.DE and CUKX.L is 0.57, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.57 |
Correlation (All Time) Calculated using the full available price history since Jun 29, 2023 | 0.60 |
The correlation between FWIA.DE and CUKX.L has been stable across timeframes, ranging from 0.57 to 0.60 - a consistent structural relationship.
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Return for Risk
FWIA.DE vs. CUKX.L — Risk / Return Rank
FWIA.DE
CUKX.L
FWIA.DE vs. CUKX.L - 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 iShares FTSE 100 UCITS ETF (CUKX.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.
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.
| FWIA.DE | CUKX.L | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.70 | ||
| Sortino ratioReturn per unit of downside risk | +0.94 | ||
| Omega ratioGain probability vs. loss probability | 1.44 | 1.30 | +0.14 |
| Calmar ratioReturn relative to maximum drawdown | 4.08 | 2.52 | +1.56 |
| Martin ratioReturn relative to average drawdown | 16.52 | 8.98 | +7.54 |
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Drawdowns
FWIA.DE vs. CUKX.L - Drawdown Comparison
The maximum FWIA.DE drawdown since its inception was -20.96%, smaller than the maximum CUKX.L drawdown of -39.95%. Use the drawdown chart below to compare losses from any high point for FWIA.DE and CUKX.L.
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Drawdown Indicators
| FWIA.DE | CUKX.L | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -20.96% | -39.95% | +18.99% |
Max Drawdown (1Y)Largest decline over 1 year | -6.49% | -7.87% | +1.38% |
Max Drawdown (3Y)Largest decline over 3 years | — | -15.82% | — |
Max Drawdown (5Y)Largest decline over 5 years | — | -15.82% | — |
Max Drawdown (10Y)Largest decline over 10 years | — | -39.95% | — |
Current DrawdownCurrent decline from peak | -0.62% | -1.58% | +0.96% |
Average DrawdownAverage peak-to-trough decline | -2.43% | -6.07% | +3.64% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.60% | 2.21% | -0.61% |
Volatility
FWIA.DE vs. CUKX.L - Volatility Comparison
The current volatility for Invesco FTSE All-World UCITS ETF Acc (FWIA.DE) is 2.96%, while iShares FTSE 100 UCITS ETF (CUKX.L) has a volatility of 3.86%. This indicates that FWIA.DE experiences smaller price fluctuations and is considered to be less risky than CUKX.L 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 | CUKX.L | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 2.96% | 3.86% | -0.90% |
Volatility (6M)Calculated over the trailing 6-month period | 8.09% | 10.08% | -1.99% |
Volatility (1Y)Calculated over the trailing 1-year period | 11.22% | 11.95% | -0.73% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 13.17% | 13.98% | -0.81% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 13.17% | 16.79% | -3.62% |
FWIA.DE vs. CUKX.L - Expense Ratio Comparison
FWIA.DE has a 0.15% expense ratio, which is higher than CUKX.L's 0.07% 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
FWIA.DE vs. CUKX.L - Dividend Comparison
Neither FWIA.DE nor CUKX.L has paid dividends to shareholders.
Frequently Asked Questions
FWIA.DE and CUKX.L have a correlation of 0.57, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, CUKX.L is cheaper at 0.07% per year. The better choice depends on whether you care most about return, fees, risk, or income.
CUKX.L is cheaper with a 0.07% expense ratio, compared with 0.15% for FWIA.DE.
FWIA.DE tracks FTSE All-World, while CUKX.L tracks FTSE 100 Index. They also come from different issuers: Invesco and iShares. Their fees differ too: 0.15% for FWIA.DE and 0.07% for CUKX.L.
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