LOWD.DE vs. MVEW.DE
LOWD.DE (BNP Paribas Easy Low Carbon 300 World PAB UCITS ETF Acc) and MVEW.DE (iShares Edge MSCI World Minimum Volatility ESG UCITS ETF (Acc)) are both Global Equities funds - LOWD.DE tracks the Low Carbon 300 World PAB while MVEW.DE tracks the MSCI ACWI NR USD. Both are passively managed. Over the past 3 years, LOWD.DE returned 16.41%/yr vs 6.53%/yr for MVEW.DE. A 0.66 correlation means they provide meaningful diversification when combined. Both charge a 0.30% expense ratio.
Performance
LOWD.DE vs. MVEW.DE - Performance Comparison
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Returns By Period
In the year-to-date period, LOWD.DE achieves a 10.58% return, which is significantly higher than MVEW.DE's 1.17% return.
LOWD.DE
- 1D
- 0.72%
- 1M
- 6.40%
- YTD
- 10.58%
- 6M
- 11.04%
- 1Y
- 16.30%
- 3Y*
- 16.41%
- 5Y*
- —
- 10Y*
- —
MVEW.DE
- 1D
- 0.07%
- 1M
- 2.04%
- YTD
- 1.17%
- 6M
- 1.03%
- 1Y
- 0.94%
- 3Y*
- 6.53%
- 5Y*
- 6.47%
- 10Y*
- —
LOWD.DE vs. MVEW.DE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|---|---|
LOWD.DE BNP Paribas Easy Low Carbon 300 World PAB UCITS ETF Acc | 10.58% | 4.27% | 25.87% | 26.12% | -10.62% | 17.09% |
MVEW.DE iShares Edge MSCI World Minimum Volatility ESG UCITS ETF (Acc) | 1.17% | -0.99% | 17.25% | 6.27% | -5.98% | 13.30% |
Correlation
The correlation between LOWD.DE and MVEW.DE is 0.50, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.50 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.58 |
Correlation (All Time) Calculated using the full available price history since Jun 30, 2021 | 0.66 |
The correlation between LOWD.DE and MVEW.DE shifts across timeframes, from 0.50 (1 year) to 0.66 (all time), reflecting how their relationship changes across market environments.
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Return for Risk
LOWD.DE vs. MVEW.DE — Risk / Return Rank
LOWD.DE
MVEW.DE
LOWD.DE vs. MVEW.DE - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for BNP Paribas Easy Low Carbon 300 World PAB UCITS ETF Acc (LOWD.DE) and iShares Edge MSCI World Minimum Volatility ESG UCITS ETF (Acc) (MVEW.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.
| LOWD.DE | MVEW.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +1.27 | ||
| Sortino ratioReturn per unit of downside risk | +1.87 | ||
| Omega ratioGain probability vs. loss probability | 1.24 | 1.02 | +0.23 |
| Calmar ratioReturn relative to maximum drawdown | 2.06 | 0.10 | +1.96 |
| Martin ratioReturn relative to average drawdown | 6.55 | 0.20 | +6.35 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| LOWD.DE | MVEW.DE | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.33 | 0.06 | +1.27 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | — | 0.62 | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.98 | 0.63 | +0.35 |
Drawdowns
LOWD.DE vs. MVEW.DE - Drawdown Comparison
The maximum LOWD.DE drawdown since its inception was -19.08%, which is greater than MVEW.DE's maximum drawdown of -13.19%. Use the drawdown chart below to compare losses from any high point for LOWD.DE and MVEW.DE.
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Drawdown Indicators
| LOWD.DE | MVEW.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -19.08% | -13.19% | -5.89% |
Max Drawdown (1Y)Largest decline over 1 year | -7.90% | -4.68% | -3.22% |
Max Drawdown (3Y)Largest decline over 3 years | -19.08% | -13.19% | -5.89% |
Max Drawdown (5Y)Largest decline over 5 years | — | -13.19% | — |
Current DrawdownCurrent decline from peak | 0.00% | -5.75% | +5.75% |
Average DrawdownAverage peak-to-trough decline | -3.98% | -3.83% | -0.15% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.49% | 2.27% | +0.22% |
Volatility
LOWD.DE vs. MVEW.DE - Volatility Comparison
BNP Paribas Easy Low Carbon 300 World PAB UCITS ETF Acc (LOWD.DE) has a higher volatility of 4.29% compared to iShares Edge MSCI World Minimum Volatility ESG UCITS ETF (Acc) (MVEW.DE) at 2.58%. This indicates that LOWD.DE's price experiences larger fluctuations and is considered to be riskier than MVEW.DE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| LOWD.DE | MVEW.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 4.29% | 2.58% | +1.71% |
Volatility (6M)Calculated over the trailing 6-month period | 9.56% | 5.42% | +4.14% |
Volatility (1Y)Calculated over the trailing 1-year period | 12.24% | 7.97% | +4.27% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 14.21% | 10.25% | +3.96% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 14.21% | 10.82% | +3.39% |
LOWD.DE vs. MVEW.DE - Expense Ratio Comparison
Both LOWD.DE and MVEW.DE have an expense ratio of 0.30%.
Dividends
LOWD.DE vs. MVEW.DE - Dividend Comparison
Neither LOWD.DE nor MVEW.DE has paid dividends to shareholders.
Frequently Asked Questions
LOWD.DE and MVEW.DE 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.
Both ETFs have the same 0.30% expense ratio. The better choice depends on whether you care most about return, fees, risk, or income.
LOWD.DE and MVEW.DE have the same expense ratio: 0.30% per year.
LOWD.DE tracks Low Carbon 300 World PAB, while MVEW.DE tracks MSCI ACWI NR USD. They also come from different issuers: BNP Paribas and iShares.
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