LCUW.DE vs. MOAT

Last updated Jun 5, 2026

LCUW.DE (Amundi MSCI World V UCITS ETF Acc) and MOAT (VanEck Morningstar Wide Moat ETF) are both exchange-traded funds - LCUW.DE is a Global Equities fund tracking the MSCI World, while MOAT is a Large Cap Blend Equities fund tracking the Morningstar Wide Moat Focus Index. Both are passively managed. At a 0.50 correlation, their price movements are largely independent. LCUW.DE charges 0.12%/yr vs 0.47%/yr for MOAT.

Performance

LCUW.DE vs. MOAT - Performance Comparison

The chart below illustrates the hypothetical performance of a €10,000 investment in Amundi MSCI World V UCITS ETF Acc (LCUW.DE) and VanEck Morningstar Wide Moat ETF (MOAT). The values are adjusted to include any dividend payments, if applicable.

Different Trading Currencies

LCUW.DE is traded in EUR, while MOAT is traded in USD. To make them comparable, the MOAT values have been converted to EUR using the latest available exchange rates.

Returns By Period

LCUW.DE

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

MOAT

• 1D: 0.74%
• 1M: 4.26%
• YTD: 1.07%
• 6M: 0.22%
• 1Y: 13.57%
• 3Y*: 8.82%
• 5Y*: 9.20%
• 10Y*: 13.15%

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

LCUW.DE vs. MOAT - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018
LCUW.DE Amundi MSCI World V UCITS ETF Acc	0.00%	3.85%	25.97%	20.04%	-14.02%	33.02%	5.33%	31.23%	0.23%
MOAT VanEck Morningstar Wide Moat ETF	1.07%	-0.23%	18.04%	27.93%	-8.31%	33.40%	5.37%	37.84%	11.05%

Correlation

The correlation between LCUW.DE and MOAT is 0.50, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (3Y) Calculated over the trailing 3-year period	0.34
Correlation (5Y) Calculated over the trailing 5-year period	0.43
Correlation (All Time) Calculated using the full available price history since Mar 26, 2018	0.50

The correlation between LCUW.DE and MOAT shifts across timeframes, from 0.34 (3 years) to 0.50 (all time), reflecting how their relationship changes across market environments.

Return for Risk

LCUW.DE vs. MOAT — Risk / Return Rank

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

MOAT

MOAT Risk / Return Rank: 30
MOAT Sharpe Ratio Rank: 32
MOAT Sortino Ratio Rank: 32
MOAT Omega Ratio Rank: 29
MOAT Calmar Ratio Rank: 27
MOAT Martin Ratio Rank: 28

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.

LCUW.DE vs. MOAT - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Amundi MSCI World V UCITS ETF Acc (LCUW.DE) and VanEck Morningstar Wide Moat ETF (MOAT). 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.

Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.

Sharpe Ratios by Period

	LCUW.DE	MOAT	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	—	0.99	—
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	—	0.52	—
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	—	0.69	—
Sharpe Ratio (All Time) Calculated using the full available price history	—	0.80	—

Drawdowns

Drawdown Indicators

	LCUW.DE	MOAT	Difference
Max Drawdown Largest peak-to-trough decline	—	-32.83%	—
Max Drawdown (1Y) Largest decline over 1 year	—	-11.65%	—
Max Drawdown (3Y) Largest decline over 3 years	—	-25.00%	—
Max Drawdown (5Y) Largest decline over 5 years	—	-25.00%	—
Max Drawdown (10Y) Largest decline over 10 years	—	-32.83%	—
Current Drawdown Current decline from peak	—	-3.92%	—
Average Drawdown Average peak-to-trough decline	—	-4.30%	—
Ulcer Index Depth and duration of drawdowns from previous peaks	—	4.33%	—

Volatility

Volatility by Period

	LCUW.DE	MOAT	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	3.55%	—
Volatility (6M) Calculated over the trailing 6-month period	—	9.73%	—
Volatility (1Y) Calculated over the trailing 1-year period	—	13.76%	—
Volatility (5Y) Calculated over the trailing 5-year period, annualized	—	17.62%	—
Volatility (10Y) Calculated over the trailing 10-year period, annualized	—	18.99%	—

LCUW.DE vs. MOAT - Expense Ratio Comparison

LCUW.DE has a 0.12% expense ratio, which is lower than MOAT's 0.47% expense ratio.

Dividends

LCUW.DE vs. MOAT - Dividend Comparison

LCUW.DE has not paid dividends to shareholders, while MOAT's dividend yield for the trailing twelve months is around 1.36%.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
LCUW.DE Amundi MSCI World V UCITS ETF Acc	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
MOAT VanEck Morningstar Wide Moat ETF	1.36%	1.36%	1.37%	0.86%	1.25%	1.08%	1.46%	1.31%	1.79%	1.07%	1.17%	2.13%

Frequently Asked Questions

Can I hold both LCUW.DE and MOAT in my portfolio?

LCUW.DE and MOAT have a correlation of 0.50, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, LCUW.DE or MOAT?

On fees, LCUW.DE is cheaper at 0.12% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, LCUW.DE or MOAT?

LCUW.DE is cheaper with a 0.12% expense ratio, compared with 0.47% for MOAT.

What is the main difference between LCUW.DE and MOAT?

LCUW.DE is categorized as Global Equities, while MOAT is Large Cap Blend Equities. LCUW.DE tracks MSCI World, while MOAT tracks Morningstar Wide Moat Focus Index. They also come from different issuers: Amundi and VanEck. Their fees differ too: 0.12% for LCUW.DE and 0.47% for MOAT.