GIL5.L vs. MWRD.L

Last updated Jun 5, 2026

GIL5.L (Lyxor UK Government Bond 0-5Y (DR) UCITS ETF - Dist) and MWRD.L (Amundi Index MSCI World) are both exchange-traded funds - GIL5.L is a European Government Bonds fund tracking the FTSE Act UK Cnvt Gilts All Stocks TR GBP, while MWRD.L is a Global Equities fund tracking the MSCI ACWI NR USD. Both are passively managed. At a correlation of -0.02, they often move in opposite directions. GIL5.L charges 0.05%/yr vs 0.08%/yr for MWRD.L.

Performance

GIL5.L vs. MWRD.L - Performance Comparison

The chart below illustrates the hypothetical performance of a £10,000 investment in Lyxor UK Government Bond 0-5Y (DR) UCITS ETF - Dist (GIL5.L) and Amundi Index MSCI World (MWRD.L). The values are adjusted to include any dividend payments, if applicable.

Different Trading Currencies

GIL5.L is traded in GBP, while MWRD.L is traded in GBp. To make them comparable, the MWRD.L values have been converted to GBP using the latest available exchange rates.

Returns By Period

GIL5.L

• 1D: 0.13%
• 1M: 0.67%
• YTD: 0.44%
• 6M: 0.54%
• 1Y: 3.07%
• 3Y*: 4.17%
• 5Y*: 1.25%
• 10Y*: —

MWRD.L

• 1D: —
• 1M: —
• YTD: —
• 6M: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

GIL5.L vs. MWRD.L - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
GIL5.L Lyxor UK Government Bond 0-5Y (DR) UCITS ETF - Dist	0.44%	5.12%	2.49%	4.05%	-4.53%	-1.87%	1.64%	1.03%	0.23%	-0.10%
MWRD.L Amundi Index MSCI World	0.00%	0.00%	-1.27%	17.50%	-9.18%	24.39%	11.85%	23.29%	-4.10%	6.52%

Correlation

The correlation between GIL5.L and MWRD.L is -0.02, 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 (3Y) Calculated over the trailing 3-year period	0.10
Correlation (5Y) Calculated over the trailing 5-year period	-0.01
Correlation (All Time) Calculated using the full available price history since Jun 30, 2017	-0.02

The correlation between GIL5.L and MWRD.L shifts across timeframes, from -0.02 (all time) to 0.10 (3 years), reflecting how their relationship changes across market environments.

Return for Risk

GIL5.L vs. MWRD.L — Risk / Return Rank

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

GIL5.L

GIL5.L Risk / Return Rank: 40
GIL5.L Sharpe Ratio Rank: 43
GIL5.L Sortino Ratio Rank: 44
GIL5.L Omega Ratio Rank: 46
GIL5.L Calmar Ratio Rank: 33
GIL5.L Martin Ratio Rank: 35

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.

GIL5.L vs. MWRD.L - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Lyxor UK Government Bond 0-5Y (DR) UCITS ETF - Dist (GIL5.L) and Amundi Index MSCI World (MWRD.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.

	GIL5.L	MWRD.L	Difference
Sharpe ratio: Return per unit of total volatility	1.51	—	—
Sortino ratio: Return per unit of downside risk	2.19	—	—
Omega ratio: Gain probability vs. loss probability	1.29	—	—
Calmar ratio: Return relative to maximum drawdown	1.60	—	—
Martin ratio: Return relative to average drawdown	5.31	—	—
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

Sharpe Ratios by Period

	GIL5.L	MWRD.L	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	1.51	—	—
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.48	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.37	—	—

Drawdowns

Drawdown Indicators

	GIL5.L	MWRD.L	Difference
Max Drawdown Largest peak-to-trough decline	-9.42%	—	—
Max Drawdown (1Y) Largest decline over 1 year	-1.91%	—	—
Max Drawdown (3Y) Largest decline over 3 years	-1.91%	—	—
Max Drawdown (5Y) Largest decline over 5 years	-8.75%	—	—
Current Drawdown Current decline from peak	-0.65%	—	—
Average Drawdown Average peak-to-trough decline	-1.61%	—	—
Ulcer Index Depth and duration of drawdowns from previous peaks	0.58%	—	—

Volatility

Volatility by Period

	GIL5.L	MWRD.L	Difference
Volatility (1M) Calculated over the trailing 1-month period	0.56%	—	—
Volatility (6M) Calculated over the trailing 6-month period	1.72%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	2.03%	—	—
Volatility (5Y) Calculated over the trailing 5-year period, annualized	2.61%	—	—
Volatility (10Y) Calculated over the trailing 10-year period, annualized	2.13%	—	—

GIL5.L vs. MWRD.L - Expense Ratio Comparison

GIL5.L has a 0.05% expense ratio, which is lower than MWRD.L's 0.08% 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

GIL5.L vs. MWRD.L - Dividend Comparison

GIL5.L's dividend yield for the trailing twelve months is around 2.33%, while MWRD.L has not paid dividends to shareholders.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016
GIL5.L Lyxor UK Government Bond 0-5Y (DR) UCITS ETF - Dist	2.33%	2.34%	1.94%	1.36%	1.39%	1.60%	2.26%	2.70%	2.92%	3.17%	1.56%
MWRD.L Amundi Index MSCI World	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%

Frequently Asked Questions

Can I hold both GIL5.L and MWRD.L in my portfolio?

GIL5.L and MWRD.L have a correlation of -0.02, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, GIL5.L or MWRD.L?

On fees, GIL5.L is cheaper at 0.05% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, GIL5.L or MWRD.L?

GIL5.L is cheaper with a 0.05% expense ratio, compared with 0.08% for MWRD.L.

What is the main difference between GIL5.L and MWRD.L?

GIL5.L is categorized as European Government Bonds, while MWRD.L is Global Equities. GIL5.L tracks FTSE Act UK Cnvt Gilts All Stocks TR GBP, while MWRD.L tracks MSCI ACWI NR USD. Their fees differ too: 0.05% for GIL5.L and 0.08% for MWRD.L.