IWQU.L vs. PRWU.L

Last updated Jun 5, 2026

IWQU.L (iShares MSCI World Quality Factor UCITS) and PRWU.L (Amundi Prime Global UCITS ETF DR (C)) are both Global Equities funds tracking the MSCI ACWI NR USD, from iShares and Amundi respectively. Both are passively managed. A 0.60 correlation means they provide meaningful diversification when combined. IWQU.L charges 0.30%/yr vs 0.05%/yr for PRWU.L.

Performance

IWQU.L vs. PRWU.L - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in iShares MSCI World Quality Factor UCITS (IWQU.L) and Amundi Prime Global UCITS ETF DR (C) (PRWU.L). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

IWQU.L

• 1D: 0.85%
• 1M: 1.95%
• YTD: 8.47%
• 6M: 9.52%
• 1Y: 20.74%
• 3Y*: 18.41%
• 5Y*: 10.34%
• 10Y*: 12.42%

PRWU.L

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

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

IWQU.L vs. PRWU.L - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022
IWQU.L iShares MSCI World Quality Factor UCITS	8.47%	15.28%	17.38%	25.66%	3.88%
PRWU.L Amundi Prime Global UCITS ETF DR (C)	0.00%	0.00%	19.27%	24.47%	2.98%

Correlation

The correlation between IWQU.L and PRWU.L is 0.60, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.

	Correlation
Correlation (3Y) Calculated over the trailing 3-year period	0.44
Correlation (All Time) Calculated using the full available price history since Jul 14, 2022	0.60

The correlation between IWQU.L and PRWU.L shifts across timeframes, from 0.44 (3 years) to 0.60 (all time), reflecting how their relationship changes across market environments.

IWQU.L vs. PRWU.L - Sectors Allocation Comparison

Sectors	IWQU.L	PRWU.L
Technology	31.6%	27.0%
Financial Services	13.9%	15.8%
Industrials	10.6%	9.9%
Healthcare	9.4%	10.7%
Consumer Cyclical	8.9%	10.5%
Communication Services	8.6%	8.1%
Consumer Defensive	5.1%	6.1%
Energy	4.2%	4.0%
Basic Materials	3.2%	3.2%
Utilities	2.5%	2.7%
Real Estate	1.7%	2.1%

Return for Risk

IWQU.L vs. PRWU.L — Risk / Return Rank

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

IWQU.L

IWQU.L Risk / Return Rank: 56
IWQU.L Sharpe Ratio Rank: 54
IWQU.L Sortino Ratio Rank: 61
IWQU.L Omega Ratio Rank: 55
IWQU.L Calmar Ratio Rank: 50
IWQU.L Martin Ratio Rank: 58

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.

IWQU.L vs. PRWU.L - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for iShares MSCI World Quality Factor UCITS (IWQU.L) and Amundi Prime Global UCITS ETF DR (C) (PRWU.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.

	IWQU.L	PRWU.L	Difference
Sharpe ratio: Return per unit of total volatility	1.83	—	—
Sortino ratio: Return per unit of downside risk	2.83	—	—
Omega ratio: Gain probability vs. loss probability	1.33	—	—
Calmar ratio: Return relative to maximum drawdown	2.45	—	—
Martin ratio: Return relative to average drawdown	10.14	—	—
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

	IWQU.L	PRWU.L	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	1.83	—	—
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.67	—	—
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.80	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.79	—	—

Drawdowns

Drawdown Indicators

	IWQU.L	PRWU.L	Difference
Max Drawdown Largest peak-to-trough decline	-33.05%	—	—
Max Drawdown (1Y) Largest decline over 1 year	-8.53%	—	—
Max Drawdown (3Y) Largest decline over 3 years	-16.09%	—	—
Max Drawdown (5Y) Largest decline over 5 years	-27.70%	—	—
Max Drawdown (10Y) Largest decline over 10 years	-33.05%	—	—
Current Drawdown Current decline from peak	0.00%	—	—
Average Drawdown Average peak-to-trough decline	-4.69%	—	—
Ulcer Index Depth and duration of drawdowns from previous peaks	2.07%	—	—

Volatility

Volatility by Period

	IWQU.L	PRWU.L	Difference
Volatility (1M) Calculated over the trailing 1-month period	3.18%	—	—
Volatility (6M) Calculated over the trailing 6-month period	8.91%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	11.45%	—	—
Volatility (5Y) Calculated over the trailing 5-year period, annualized	15.42%	—	—
Volatility (10Y) Calculated over the trailing 10-year period, annualized	15.81%	—	—

IWQU.L vs. PRWU.L - Expense Ratio Comparison

IWQU.L has a 0.30% expense ratio, which is higher than PRWU.L's 0.05% expense ratio.

Dividends

IWQU.L vs. PRWU.L - Dividend Comparison

Neither IWQU.L nor PRWU.L has paid dividends to shareholders.

Tickers have no history of dividend payments

Frequently Asked Questions

Can I hold both IWQU.L and PRWU.L in my portfolio?

IWQU.L and PRWU.L have a correlation of 0.60, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, IWQU.L or PRWU.L?

On fees, PRWU.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, IWQU.L or PRWU.L?

PRWU.L is cheaper with a 0.05% expense ratio, compared with 0.30% for IWQU.L.

What is the main difference between IWQU.L and PRWU.L?

Both ETFs track MSCI ACWI NR USD. They also come from different issuers: iShares and Amundi. Their fees differ too: 0.30% for IWQU.L and 0.05% for PRWU.L.