LCCN.L vs. MVOL.L
LCCN.L (Lyxor MSCI China UCITS ETF - Acc) and MVOL.L (iShares Edge MSCI World Minimum Volatility UCITS) are both exchange-traded funds - LCCN.L is a China Equities fund tracking the MSCI China NR USD, while MVOL.L is a Global Equities fund tracking the MSCI ACWI NR USD. Both are passively managed. Over the past 5 years, LCCN.L returned -6.63%/yr vs 4.96%/yr for MVOL.L. At a 0.37 correlation, their price movements are largely independent. LCCN.L charges 0.29%/yr vs 0.35%/yr for MVOL.L.
Performance
LCCN.L vs. MVOL.L - Performance Comparison
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Returns By Period
In the year-to-date period, LCCN.L achieves a -14.82% return, which is significantly lower than MVOL.L's -0.14% return.
LCCN.L
- 1D
- -1.76%
- 1M
- -8.31%
- YTD
- -14.82%
- 6M
- -15.37%
- 1Y
- -5.97%
- 3Y*
- 8.10%
- 5Y*
- -6.63%
- 10Y*
- —
MVOL.L
- 1D
- -0.03%
- 1M
- -1.28%
- YTD
- -0.14%
- 6M
- -0.10%
- 1Y
- 2.00%
- 3Y*
- 9.03%
- 5Y*
- 4.96%
- 10Y*
- 7.15%
LCCN.L vs. MVOL.L - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | |
|---|---|---|---|---|---|---|---|---|---|
LCCN.L Lyxor MSCI China UCITS ETF - Acc | -14.82% | 31.99% | 19.37% | -11.59% | -22.21% | -21.87% | 29.79% | 21.86% | -14.34% |
MVOL.L iShares Edge MSCI World Minimum Volatility UCITS | -0.14% | 11.02% | 11.08% | 7.28% | -9.62% | 14.65% | 2.56% | 22.56% | -1.95% |
Correlation
The correlation between LCCN.L and MVOL.L is 0.23, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.23 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.23 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.29 |
Correlation (All Time) Calculated using the full available price history since Jul 5, 2018 | 0.37 |
The correlation between LCCN.L and MVOL.L shifts across timeframes, from 0.23 (1 year) to 0.37 (all time), reflecting how their relationship changes across market environments.
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Return for Risk
LCCN.L vs. MVOL.L — Risk / Return Rank
LCCN.L
MVOL.L
LCCN.L vs. MVOL.L - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Lyxor MSCI China UCITS ETF - Acc (LCCN.L) and iShares Edge MSCI World Minimum Volatility UCITS (MVOL.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.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| LCCN.L | MVOL.L | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.55 | ||
| Sortino ratioReturn per unit of downside risk | -0.69 | ||
| Omega ratioGain probability vs. loss probability | 0.97 | 1.05 | -0.08 |
| Calmar ratioReturn relative to maximum drawdown | -0.27 | 0.34 | -0.61 |
| Martin ratioReturn relative to average drawdown | -0.64 | 0.77 | -1.41 |
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Drawdowns
LCCN.L vs. MVOL.L - Drawdown Comparison
The maximum LCCN.L drawdown since its inception was -62.38%, which is greater than MVOL.L's maximum drawdown of -28.82%. Use the drawdown chart below to compare losses from any high point for LCCN.L and MVOL.L.
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Drawdown Indicators
| LCCN.L | MVOL.L | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -62.38% | -28.82% | -33.56% |
Max Drawdown (1Y)Largest decline over 1 year | -22.31% | -5.78% | -16.53% |
Max Drawdown (3Y)Largest decline over 3 years | -25.53% | -8.15% | -17.38% |
Max Drawdown (5Y)Largest decline over 5 years | -56.10% | -18.52% | -37.58% |
Max Drawdown (10Y)Largest decline over 10 years | — | -28.82% | — |
Current DrawdownCurrent decline from peak | -39.60% | -4.62% | -34.98% |
Average DrawdownAverage peak-to-trough decline | -29.84% | -3.30% | -26.54% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 9.32% | 2.59% | +6.73% |
Volatility
LCCN.L vs. MVOL.L - Volatility Comparison
Lyxor MSCI China UCITS ETF - Acc (LCCN.L) has a higher volatility of 7.25% compared to iShares Edge MSCI World Minimum Volatility UCITS (MVOL.L) at 2.17%. This indicates that LCCN.L's price experiences larger fluctuations and is considered to be riskier than MVOL.L based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| LCCN.L | MVOL.L | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 7.25% | 2.17% | +5.08% |
Volatility (6M)Calculated over the trailing 6-month period | 15.27% | 5.80% | +9.47% |
Volatility (1Y)Calculated over the trailing 1-year period | 20.15% | 7.85% | +12.30% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 29.38% | 10.65% | +18.73% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 27.67% | 11.64% | +16.03% |
LCCN.L vs. MVOL.L - Expense Ratio Comparison
LCCN.L has a 0.29% expense ratio, which is lower than MVOL.L's 0.35% expense ratio.
Dividends
LCCN.L vs. MVOL.L - Dividend Comparison
Neither LCCN.L nor MVOL.L has paid dividends to shareholders.
Frequently Asked Questions
LCCN.L and MVOL.L have a correlation of 0.23, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, LCCN.L is cheaper at 0.29% per year. The better choice depends on whether you care most about return, fees, risk, or income.
LCCN.L is cheaper with a 0.29% expense ratio, compared with 0.35% for MVOL.L.
LCCN.L is categorized as China Equities, while MVOL.L is Global Equities. LCCN.L tracks MSCI China NR USD, while MVOL.L tracks MSCI ACWI NR USD. They also come from different issuers: Amundi and iShares. Their fees differ too: 0.29% for LCCN.L and 0.35% for MVOL.L.
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