KRWL.L vs. MWRD.L

Last updated Jun 5, 2026

KRWL.L (Lyxor MSCI Korea UCITS ETF - Acc) and MWRD.L (Amundi Index MSCI World) are both exchange-traded funds - KRWL.L is a Asia Pacific Equities fund tracking the MSCI Korea NR USD, while MWRD.L is a Global Equities fund tracking the MSCI ACWI NR USD. Both are passively managed. At a 0.46 correlation, their price movements are largely independent. KRWL.L charges 0.45%/yr vs 0.08%/yr for MWRD.L.

Performance

KRWL.L vs. MWRD.L - Performance Comparison

The chart below illustrates the hypothetical performance of a £10,000 investment in Lyxor MSCI Korea UCITS ETF - Acc (KRWL.L) and Amundi Index MSCI World (MWRD.L). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

KRWL.L

• 1D: -4.89%
• 1M: 11.73%
• YTD: 106.66%
• 6M: 119.98%
• 1Y: 227.67%
• 3Y*: 45.48%
• 5Y*: 19.95%
• 10Y*: —

MWRD.L

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

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

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

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018
KRWL.L Lyxor MSCI Korea UCITS ETF - Acc	106.66%	86.86%	-21.27%	13.04%	-19.64%	-7.54%	38.43%	7.15%	-12.12%
MWRD.L Amundi Index MSCI World	0.00%	0.00%	-1.27%	17.50%	-9.18%	24.39%	11.85%	23.29%	-1.56%

Correlation

The correlation between KRWL.L and MWRD.L is 0.46, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (3Y) Calculated over the trailing 3-year period	0.17
Correlation (5Y) Calculated over the trailing 5-year period	0.30
Correlation (All Time) Calculated using the full available price history since Feb 20, 2018	0.46

The correlation between KRWL.L and MWRD.L shifts across timeframes, from 0.17 (3 years) to 0.46 (all time), reflecting how their relationship changes across market environments.

KRWL.L vs. MWRD.L - Sectors Allocation Comparison

Sectors	KRWL.L	MWRD.L
Technology	42.8%	24.7%
Healthcare	12.8%	12.4%
Communication Services	11.7%	7.5%
Consumer Cyclical	10.8%	10.5%
Consumer Defensive	10.1%	6.7%
Industrials	4.1%	10.6%
Utilities	2.1%	2.4%
Real Estate	2.0%	2.4%
Financial Services	1.8%	14.7%
Energy	1.2%	4.4%
Basic Materials	0.4%	3.8%

Return for Risk

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

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

KRWL.L

KRWL.L Risk / Return Rank: 97
KRWL.L Sharpe Ratio Rank: 99
KRWL.L Sortino Ratio Rank: 96
KRWL.L Omega Ratio Rank: 96
KRWL.L Calmar Ratio Rank: 97
KRWL.L Martin Ratio Rank: 96

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.

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

This table presents a comparison of risk-adjusted performance metrics for Lyxor MSCI Korea UCITS ETF - Acc (KRWL.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.

	KRWL.L	MWRD.L	Difference
Sharpe ratio: Return per unit of total volatility	6.22	—	—
Sortino ratio: Return per unit of downside risk	5.50	—	—
Omega ratio: Gain probability vs. loss probability	1.80	—	—
Calmar ratio: Return relative to maximum drawdown	10.93	—	—
Martin ratio: Return relative to average drawdown	38.59	—	—
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

	KRWL.L	MWRD.L	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	6.22	—	—
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.78	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.61	—	—

Drawdowns

Drawdown Indicators

	KRWL.L	MWRD.L	Difference
Max Drawdown Largest peak-to-trough decline	-44.10%	—	—
Max Drawdown (1Y) Largest decline over 1 year	-21.55%	—	—
Max Drawdown (3Y) Largest decline over 3 years	-28.42%	—	—
Max Drawdown (5Y) Largest decline over 5 years	-40.54%	—	—
Current Drawdown Current decline from peak	-5.36%	—	—
Average Drawdown Average peak-to-trough decline	-19.40%	—	—
Ulcer Index Depth and duration of drawdowns from previous peaks	6.11%	—	—

Volatility

Volatility by Period

	KRWL.L	MWRD.L	Difference
Volatility (1M) Calculated over the trailing 1-month period	17.51%	—	—
Volatility (6M) Calculated over the trailing 6-month period	32.27%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	37.87%	—	—
Volatility (5Y) Calculated over the trailing 5-year period, annualized	25.51%	—	—
Volatility (10Y) Calculated over the trailing 10-year period, annualized	25.79%	—	—

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

KRWL.L has a 0.45% expense ratio, which is higher than MWRD.L's 0.08% expense ratio.

Dividends

KRWL.L vs. MWRD.L - Dividend Comparison

Neither KRWL.L nor MWRD.L has paid dividends to shareholders.

Tickers have no history of dividend payments

Frequently Asked Questions

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

KRWL.L and MWRD.L have a correlation of 0.46, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

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

On fees, MWRD.L is cheaper at 0.08% per year. The better choice depends on whether you care most about return, fees, risk, or income.

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

MWRD.L is cheaper with a 0.08% expense ratio, compared with 0.45% for KRWL.L.

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

KRWL.L is categorized as Asia Pacific Equities, while MWRD.L is Global Equities. KRWL.L tracks MSCI Korea NR USD, while MWRD.L tracks MSCI ACWI NR USD. Their fees differ too: 0.45% for KRWL.L and 0.08% for MWRD.L.