LVWC.DE vs. VOO

Last updated Jun 5, 2026

LVWC.DE (Amundi MSCI World 2x Leveraged UCITS ETF) and VOO (Vanguard S&P 500 ETF) are both exchange-traded funds - LVWC.DE is a Leveraged Equities fund tracking the MSCI World Leveraged 2x Daily Net Index, while VOO is a S&P 500 fund tracking the S&P 500 Index. Both are passively managed. A 0.64 correlation means they provide meaningful diversification when combined. LVWC.DE charges 0.60%/yr vs 0.03%/yr for VOO.

Performance

LVWC.DE vs. VOO - Performance Comparison

The chart below illustrates the hypothetical performance of a €10,000 investment in Amundi MSCI World 2x Leveraged UCITS ETF (LVWC.DE) and Vanguard S&P 500 ETF (VOO). The values are adjusted to include any dividend payments, if applicable.

Different Trading Currencies

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

Returns By Period

In the year-to-date period, LVWC.DE achieves a 17.92% return, which is significantly higher than VOO's 12.61% return.

LVWC.DE

• 1D: 0.17%
• 1M: 5.71%
• YTD: 17.92%
• 6M: 18.58%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

VOO

• 1D: 0.00%
• 1M: 4.36%
• YTD: 12.61%
• 6M: 11.32%
• 1Y: 27.33%
• 3Y*: 19.27%
• 5Y*: 15.04%
• 10Y*: 15.28%

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

LVWC.DE vs. VOO - Yearly Performance Comparison

	2026 (YTD)	2025
LVWC.DE Amundi MSCI World 2x Leveraged UCITS ETF	17.92%	2.68%
VOO Vanguard S&P 500 ETF	10.58%	0.36%

Correlation

The correlation between LVWC.DE and VOO is 0.64, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.

	Correlation
Correlation (All Time) Calculated using the full available price history since Oct 10, 2025	0.64

Return for Risk

LVWC.DE vs. VOO — Risk / Return Rank

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

VOO

VOO Risk / Return Rank: 66
VOO Sharpe Ratio Rank: 67
VOO Sortino Ratio Rank: 63
VOO Omega Ratio Rank: 66
VOO Calmar Ratio Rank: 60
VOO Martin Ratio Rank: 73

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.

LVWC.DE vs. VOO - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Amundi MSCI World 2x Leveraged UCITS ETF (LVWC.DE) and Vanguard S&P 500 ETF (VOO). 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

	LVWC.DE	VOO	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	—	2.26	—
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	—	0.90	—
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	—	0.83	—
Sharpe Ratio (All Time) Calculated using the full available price history	1.44	0.90	+0.54

Drawdowns

LVWC.DE vs. VOO - Drawdown Comparison

The maximum LVWC.DE drawdown since its inception was -14.47%, smaller than the maximum VOO drawdown of -33.49%. Use the drawdown chart below to compare losses from any high point for LVWC.DE and VOO.

Drawdown Indicators

	LVWC.DE	VOO	Difference
Max Drawdown Largest peak-to-trough decline	-14.47%	-33.49%	+19.02%
Max Drawdown (1Y) Largest decline over 1 year	—	-7.37%	—
Max Drawdown (3Y) Largest decline over 3 years	—	-23.87%	—
Max Drawdown (5Y) Largest decline over 5 years	—	-23.87%	—
Max Drawdown (10Y) Largest decline over 10 years	—	-33.49%	—
Current Drawdown Current decline from peak	-0.89%	-0.18%	-0.71%
Average Drawdown Average peak-to-trough decline	-2.96%	-4.03%	+1.07%
Ulcer Index Depth and duration of drawdowns from previous peaks	—	1.94%	—

Volatility

Volatility by Period

	LVWC.DE	VOO	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	2.06%	—
Volatility (6M) Calculated over the trailing 6-month period	—	8.55%	—
Volatility (1Y) Calculated over the trailing 1-year period	24.20%	12.20%	+12.00%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	24.20%	16.69%	+7.51%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	24.20%	18.53%	+5.67%

LVWC.DE vs. VOO - Expense Ratio Comparison

LVWC.DE has a 0.60% expense ratio, which is higher than VOO's 0.03% expense ratio.

Dividends

LVWC.DE vs. VOO - Dividend Comparison

LVWC.DE has not paid dividends to shareholders, while VOO's dividend yield for the trailing twelve months is around 1.05%.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
LVWC.DE Amundi MSCI World 2x Leveraged UCITS ETF	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
VOO Vanguard S&P 500 ETF	1.05%	1.13%	1.24%	1.46%	1.69%	1.25%	1.54%	1.88%	2.06%	1.78%	2.02%	2.10%

Frequently Asked Questions

Can I hold both LVWC.DE and VOO in my portfolio?

LVWC.DE and VOO have a correlation of 0.64, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, LVWC.DE or VOO?

On fees, VOO is cheaper at 0.03% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, LVWC.DE or VOO?

VOO is cheaper with a 0.03% expense ratio, compared with 0.60% for LVWC.DE.

What is the main difference between LVWC.DE and VOO?

LVWC.DE is categorized as Leveraged Equities, while VOO is S&P 500. LVWC.DE tracks MSCI World Leveraged 2x Daily Net Index, while VOO tracks S&P 500 Index. They also come from different issuers: Amundi and Vanguard. Their fees differ too: 0.60% for LVWC.DE and 0.03% for VOO.