IS3R.DE vs. MWOP.DE
IS3R.DE (iShares Edge MSCI World Momentum Factor UCITS ETF (Acc)) and MWOP.DE (Amundi MSCI World ESG Leaders UCITS ETF Acc) are both exchange-traded funds - IS3R.DE is a Momentum fund tracking the MSCI World Momentum Index, while MWOP.DE is a Global Equities fund tracking the MSCI World ESG Leaders Select 5% Issuer Capped. Both are passively managed. Over the past 5 years, IS3R.DE returned 14.66%/yr vs 12.63%/yr for MWOP.DE. Their correlation of 0.83 suggests significant overlap in exposure. IS3R.DE charges 0.25%/yr vs 0.18%/yr for MWOP.DE.
Performance
IS3R.DE vs. MWOP.DE - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, IS3R.DE achieves a 22.51% return, which is significantly higher than MWOP.DE's 11.41% return.
IS3R.DE
- 1D
- -1.01%
- 1M
- 6.72%
- YTD
- 22.51%
- 6M
- 23.47%
- 1Y
- 31.36%
- 3Y*
- 26.05%
- 5Y*
- 14.66%
- 10Y*
- 15.31%
MWOP.DE
- 1D
- 0.31%
- 1M
- 6.46%
- YTD
- 11.41%
- 6M
- 12.50%
- 1Y
- 25.27%
- 3Y*
- 17.27%
- 5Y*
- 12.63%
- 10Y*
- —
IS3R.DE vs. MWOP.DE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | |
|---|---|---|---|---|---|---|---|
IS3R.DE iShares Edge MSCI World Momentum Factor UCITS ETF (Acc) | 22.51% | 8.37% | 37.95% | 8.09% | -13.60% | 24.50% | 16.46% |
MWOP.DE Amundi MSCI World ESG Leaders UCITS ETF Acc | 11.41% | 7.50% | 23.56% | 21.34% | -15.58% | 36.13% | 10.73% |
Correlation
The correlation between IS3R.DE and MWOP.DE is 0.78, 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 | 0.78 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.84 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.83 |
Correlation (All Time) Calculated using the full available price history since May 29, 2020 | 0.83 |
The correlation between IS3R.DE and MWOP.DE has been stable across timeframes, ranging from 0.78 to 0.84 - a consistent structural relationship.
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Return for Risk
IS3R.DE vs. MWOP.DE — Risk / Return Rank
IS3R.DE
MWOP.DE
IS3R.DE vs. MWOP.DE - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for iShares Edge MSCI World Momentum Factor UCITS ETF (Acc) (IS3R.DE) and Amundi MSCI World ESG Leaders UCITS ETF Acc (MWOP.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.
| IS3R.DE | MWOP.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.20 | ||
| Sortino ratioReturn per unit of downside risk | -0.15 | ||
| Omega ratioGain probability vs. loss probability | 1.34 | 1.37 | -0.04 |
| Calmar ratioReturn relative to maximum drawdown | 3.48 | 2.71 | +0.77 |
| Martin ratioReturn relative to average drawdown | 13.30 | 10.38 | +2.92 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
Loading charts...
Sharpe Ratios by Period
| IS3R.DE | MWOP.DE | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.84 | 2.04 | -0.20 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.84 | 0.85 | -0.02 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.88 | — | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.85 | 0.99 | -0.14 |
Drawdowns
IS3R.DE vs. MWOP.DE - Drawdown Comparison
The maximum IS3R.DE drawdown since its inception was -30.77%, which is greater than MWOP.DE's maximum drawdown of -21.85%. Use the drawdown chart below to compare losses from any high point for IS3R.DE and MWOP.DE.
Loading charts...
Drawdown Indicators
| IS3R.DE | MWOP.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -30.77% | -21.85% | -8.92% |
Max Drawdown (1Y)Largest decline over 1 year | -9.01% | -9.30% | +0.29% |
Max Drawdown (3Y)Largest decline over 3 years | -23.57% | -21.85% | -1.72% |
Max Drawdown (5Y)Largest decline over 5 years | -23.57% | -21.85% | -1.72% |
Max Drawdown (10Y)Largest decline over 10 years | -30.77% | — | — |
Current DrawdownCurrent decline from peak | -1.01% | 0.00% | -1.01% |
Average DrawdownAverage peak-to-trough decline | -5.67% | -4.44% | -1.23% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.36% | 2.43% | -0.07% |
Volatility
IS3R.DE vs. MWOP.DE - Volatility Comparison
iShares Edge MSCI World Momentum Factor UCITS ETF (Acc) (IS3R.DE) has a higher volatility of 5.96% compared to Amundi MSCI World ESG Leaders UCITS ETF Acc (MWOP.DE) at 3.06%. This indicates that IS3R.DE's price experiences larger fluctuations and is considered to be riskier than MWOP.DE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| IS3R.DE | MWOP.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 5.96% | 3.06% | +2.90% |
Volatility (6M)Calculated over the trailing 6-month period | 14.33% | 8.98% | +5.35% |
Volatility (1Y)Calculated over the trailing 1-year period | 17.01% | 12.32% | +4.69% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 17.32% | 14.62% | +2.70% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 17.23% | 14.74% | +2.49% |
IS3R.DE vs. MWOP.DE - Expense Ratio Comparison
IS3R.DE has a 0.25% expense ratio, which is higher than MWOP.DE's 0.18% 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
IS3R.DE vs. MWOP.DE - Dividend Comparison
Neither IS3R.DE nor MWOP.DE has paid dividends to shareholders.
Frequently Asked Questions
IS3R.DE and MWOP.DE have a correlation of 0.78, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, MWOP.DE is cheaper at 0.18% per year. The better choice depends on whether you care most about return, fees, risk, or income.
MWOP.DE is cheaper with a 0.18% expense ratio, compared with 0.25% for IS3R.DE.
IS3R.DE is categorized as Momentum, while MWOP.DE is Global Equities. IS3R.DE tracks MSCI World Momentum Index, while MWOP.DE tracks MSCI World ESG Leaders Select 5% Issuer Capped. They also come from different issuers: iShares and Amundi. Their fees differ too: 0.25% for IS3R.DE and 0.18% for MWOP.DE.
Find the right allocation for IS3R.DE and MWOP.DE
Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Optimizer