FWIA.DE vs. LYY0.DE

Last updated Jun 5, 2026

FWIA.DE (Invesco FTSE All-World UCITS ETF Acc) and LYY0.DE (Amundi MSCI All Country World UCITS ETF EUR Acc) are both Global Equities funds - FWIA.DE tracks the FTSE All-World while LYY0.DE tracks the MSCI All Country World (ACWI). Both are passively managed. Over the past year, FWIA.DE returned 26.39% vs 26.11% for LYY0.DE. With a 0.97 correlation, they move nearly in lockstep. FWIA.DE charges 0.15%/yr vs 0.45%/yr for LYY0.DE.

Performance

FWIA.DE vs. LYY0.DE - Performance Comparison

The chart below illustrates the hypothetical performance of a €10,000 investment in Invesco FTSE All-World UCITS ETF Acc (FWIA.DE) and Amundi MSCI All Country World UCITS ETF EUR Acc (LYY0.DE). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

The year-to-date returns for both stocks are quite close, with FWIA.DE having a 12.60% return and LYY0.DE slightly lower at 12.53%.

FWIA.DE

• 1D: -0.22%
• 1M: 3.67%
• YTD: 12.60%
• 6M: 12.82%
• 1Y: 26.39%
• 3Y*: —
• 5Y*: —
• 10Y*: —

LYY0.DE

• 1D: -0.25%
• 1M: 3.72%
• YTD: 12.53%
• 6M: 12.76%
• 1Y: 26.11%
• 3Y*: 17.75%
• 5Y*: 12.16%
• 10Y*: 12.25%

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

FWIA.DE vs. LYY0.DE - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023
FWIA.DE Invesco FTSE All-World UCITS ETF Acc	12.60%	9.02%	24.70%	7.73%
LYY0.DE Amundi MSCI All Country World UCITS ETF EUR Acc	12.53%	8.83%	24.54%	6.05%

Correlation

The correlation between FWIA.DE and LYY0.DE is 0.99 - these two move nearly in lockstep. At this level, holding both provides almost no diversification benefit. If you already own one, adding the other does little to reduce portfolio risk.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.99
Correlation (All Time) Calculated using the full available price history since Jun 30, 2023	0.97

The correlation between FWIA.DE and LYY0.DE has been stable across timeframes, ranging from 0.97 to 0.99 - a consistent structural relationship.

Return for Risk

FWIA.DE vs. LYY0.DE — Risk / Return Rank

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

FWIA.DE

FWIA.DE Risk / Return Rank: 77
FWIA.DE Sharpe Ratio Rank: 74
FWIA.DE Sortino Ratio Rank: 74
FWIA.DE Omega Ratio Rank: 76
FWIA.DE Calmar Ratio Rank: 80
FWIA.DE Martin Ratio Rank: 83

LYY0.DE

LYY0.DE Risk / Return Rank: 75
LYY0.DE Sharpe Ratio Rank: 71
LYY0.DE Sortino Ratio Rank: 72
LYY0.DE Omega Ratio Rank: 74
LYY0.DE Calmar Ratio Rank: 79
LYY0.DE Martin Ratio Rank: 82

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.

FWIA.DE vs. LYY0.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 Amundi MSCI All Country World UCITS ETF EUR Acc (LYY0.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	LYY0.DE	Difference
Sharpe ratio: Return per unit of total volatility	2.36	2.29	+0.07
Sortino ratio: Return per unit of downside risk	3.31	3.19	+0.12
Omega ratio: Gain probability vs. loss probability	1.44	1.43	+0.02
Calmar ratio: Return relative to maximum drawdown	4.08	4.01	+0.06
Martin ratio: Return relative to average drawdown	16.52	16.14	+0.38
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

FWIA.DE vs. LYY0.DE - Sharpe Ratio Comparison

The current FWIA.DE Sharpe Ratio is 2.36, which is comparable to the LYY0.DE Sharpe Ratio of 2.29. The chart below compares the historical Sharpe Ratios of FWIA.DE and LYY0.DE, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Sharpe Ratios by Period

	FWIA.DE	LYY0.DE	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	2.36	2.29	+0.07
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	—	0.86	—
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	—	0.81	—
Sharpe Ratio (All Time) Calculated using the full available price history	1.40	0.84	+0.57

Drawdowns

FWIA.DE vs. LYY0.DE - Drawdown Comparison

The maximum FWIA.DE drawdown since its inception was -20.96%, smaller than the maximum LYY0.DE drawdown of -33.27%. Use the drawdown chart below to compare losses from any high point for FWIA.DE and LYY0.DE.

Drawdown Indicators

	FWIA.DE	LYY0.DE	Difference
Max Drawdown Largest peak-to-trough decline	-20.96%	-33.27%	+12.31%
Max Drawdown (1Y) Largest decline over 1 year	-6.49%	-6.54%	+0.05%
Max Drawdown (3Y) Largest decline over 3 years	—	-21.28%	—
Max Drawdown (5Y) Largest decline over 5 years	—	-21.28%	—
Max Drawdown (10Y) Largest decline over 10 years	—	-33.27%	—
Current Drawdown Current decline from peak	-0.62%	-0.65%	+0.03%
Average Drawdown Average peak-to-trough decline	-2.44%	-4.50%	+2.06%
Ulcer Index Depth and duration of drawdowns from previous peaks	1.60%	1.63%	-0.03%

Volatility

FWIA.DE vs. LYY0.DE - Volatility Comparison

Invesco FTSE All-World UCITS ETF Acc (FWIA.DE) and Amundi MSCI All Country World UCITS ETF EUR Acc (LYY0.DE) have volatilities of 2.96% and 3.10%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	FWIA.DE	LYY0.DE	Difference
Volatility (1M) Calculated over the trailing 1-month period	2.96%	3.10%	-0.14%
Volatility (6M) Calculated over the trailing 6-month period	8.09%	8.23%	-0.14%
Volatility (1Y) Calculated over the trailing 1-year period	11.22%	11.45%	-0.23%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	13.18%	13.93%	-0.75%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	13.18%	15.00%	-1.82%

FWIA.DE vs. LYY0.DE - Expense Ratio Comparison

FWIA.DE has a 0.15% expense ratio, which is lower than LYY0.DE's 0.45% expense ratio.

Dividends

FWIA.DE vs. LYY0.DE - Dividend Comparison

Neither FWIA.DE nor LYY0.DE has paid dividends to shareholders.

Tickers have no history of dividend payments

Frequently Asked Questions

Can I hold both FWIA.DE and LYY0.DE in my portfolio?

With a correlation of 0.99, FWIA.DE and LYY0.DE move almost identically. Holding both adds very little diversification - you're essentially doubling your position in the same market segment. Choosing one is usually more capital-efficient.

Which ETF is better, FWIA.DE or LYY0.DE?

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.

Which ETF is cheaper, FWIA.DE or LYY0.DE?

FWIA.DE is cheaper with a 0.15% expense ratio, compared with 0.45% for LYY0.DE.

What is the main difference between FWIA.DE and LYY0.DE?

FWIA.DE tracks FTSE All-World, while LYY0.DE tracks MSCI All Country World (ACWI). They also come from different issuers: Invesco and Amundi. Their fees differ too: 0.15% for FWIA.DE and 0.45% for LYY0.DE.