LWCR.DE vs. H41C.DE
LWCR.DE (Amundi MSCI World ESG Climate Net Zero Ambition CTB UCITS ETF Acc) and H41C.DE (HSBC Developed World Sustainable Equity UCITS ETF USD) are both Global Equities funds - LWCR.DE tracks the MSCI World ESG Broad CTB Select while H41C.DE tracks the FTSE Developed ESG Low Carbon Select. Both are passively managed. Over the past 5 years, LWCR.DE returned 12.03%/yr vs 12.46%/yr for H41C.DE. Their correlation of 0.94 suggests significant overlap in exposure. LWCR.DE charges 0.25%/yr vs 0.18%/yr for H41C.DE.
Performance
LWCR.DE vs. H41C.DE - Performance Comparison
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Returns By Period
In the year-to-date period, LWCR.DE achieves a 10.71% return, which is significantly lower than H41C.DE's 15.35% return.
LWCR.DE
- 1D
- -0.58%
- 1M
- 0.97%
- YTD
- 10.71%
- 6M
- 11.27%
- 1Y
- 23.99%
- 3Y*
- 17.28%
- 5Y*
- 12.03%
- 10Y*
- 13.15%
H41C.DE
- 1D
- 0.00%
- 1M
- 2.16%
- YTD
- 15.35%
- 6M
- 16.03%
- 1Y
- 31.49%
- 3Y*
- 18.40%
- 5Y*
- 12.46%
- 10Y*
- —
LWCR.DE vs. H41C.DE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | |
|---|---|---|---|---|---|---|---|
LWCR.DE Amundi MSCI World ESG Climate Net Zero Ambition CTB UCITS ETF Acc | 10.71% | 6.71% | 25.11% | 26.79% | -18.71% | 33.91% | 12.39% |
H41C.DE HSBC Developed World Sustainable Equity UCITS ETF USD | 15.35% | 10.36% | 21.66% | 16.26% | -12.60% | 32.89% | 10.04% |
Correlation
The correlation between LWCR.DE and H41C.DE is 0.92, indicating a strong positive relationship between their price movements. Combining them offers limited diversification - they tend to fall together during downturns.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.92 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.93 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.95 |
Correlation (All Time) Calculated using the full available price history since Aug 7, 2020 | 0.94 |
The correlation between LWCR.DE and H41C.DE has been stable across timeframes, ranging from 0.92 to 0.95 - a consistent structural relationship.
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Return for Risk
LWCR.DE vs. H41C.DE — Risk / Return Rank
LWCR.DE
H41C.DE
LWCR.DE vs. H41C.DE - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Amundi MSCI World ESG Climate Net Zero Ambition CTB UCITS ETF Acc (LWCR.DE) and HSBC Developed World Sustainable Equity UCITS ETF USD (H41C.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.
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.
| LWCR.DE | H41C.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.89 | ||
| Sortino ratioReturn per unit of downside risk | -1.22 | ||
| Omega ratioGain probability vs. loss probability | 1.37 | 1.55 | -0.18 |
| Calmar ratioReturn relative to maximum drawdown | 3.27 | 5.36 | -2.09 |
| Martin ratioReturn relative to average drawdown | 12.70 | 22.15 | -9.46 |
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Drawdowns
LWCR.DE vs. H41C.DE - Drawdown Comparison
The maximum LWCR.DE drawdown since its inception was -34.01%, which is greater than H41C.DE's maximum drawdown of -20.76%. Use the drawdown chart below to compare losses from any high point for LWCR.DE and H41C.DE.
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Drawdown Indicators
| LWCR.DE | H41C.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -34.01% | -20.76% | -13.25% |
Max Drawdown (1Y)Largest decline over 1 year | -7.31% | -5.90% | -1.41% |
Max Drawdown (3Y)Largest decline over 3 years | -21.67% | -20.76% | -0.91% |
Max Drawdown (5Y)Largest decline over 5 years | -21.67% | -20.76% | -0.91% |
Max Drawdown (10Y)Largest decline over 10 years | -34.01% | — | — |
Current DrawdownCurrent decline from peak | -0.76% | 0.00% | -0.76% |
Average DrawdownAverage peak-to-trough decline | -4.71% | -3.77% | -0.94% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.89% | 1.42% | +0.47% |
Volatility
LWCR.DE vs. H41C.DE - Volatility Comparison
Amundi MSCI World ESG Climate Net Zero Ambition CTB UCITS ETF Acc (LWCR.DE) and HSBC Developed World Sustainable Equity UCITS ETF USD (H41C.DE) have volatilities of 3.04% and 3.10%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| LWCR.DE | H41C.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 3.04% | 3.10% | -0.06% |
Volatility (6M)Calculated over the trailing 6-month period | 8.43% | 8.08% | +0.35% |
Volatility (1Y)Calculated over the trailing 1-year period | 11.79% | 10.84% | +0.95% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 14.86% | 13.35% | +1.51% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 15.23% | 13.31% | +1.92% |
LWCR.DE vs. H41C.DE - Expense Ratio Comparison
LWCR.DE has a 0.25% expense ratio, which is higher than H41C.DE's 0.18% expense ratio. However, both funds are considered low-cost compared to the broader market, where average expense ratios usually range from 0.3% to 0.9%.
Dividends
LWCR.DE vs. H41C.DE - Dividend Comparison
Neither LWCR.DE nor H41C.DE has paid dividends to shareholders.
Frequently Asked Questions
With a correlation of 0.92, LWCR.DE and H41C.DE move almost identically. Holding both adds very little diversification - you're essentially doubling your position in the same market segment. Choosing one is usually more capital-efficient.
On fees, H41C.DE is cheaper at 0.18% per year. The better choice depends on whether you care most about return, fees, risk, or income.
H41C.DE is cheaper with a 0.18% expense ratio, compared with 0.25% for LWCR.DE.
LWCR.DE tracks MSCI World ESG Broad CTB Select, while H41C.DE tracks FTSE Developed ESG Low Carbon Select. They also come from different issuers: Amundi and HSBC. Their fees differ too: 0.25% for LWCR.DE and 0.18% for H41C.DE.
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