LWCR.DE vs. PABG.L
Compare and contrast key facts about Amundi MSCI World ESG Climate Net Zero Ambition CTB UCITS ETF Acc (LWCR.DE) and Lyxor Net Zero 2050 S&P Eurozone Climate PAB (DR) UCITS ETF - Acc (PABG.L).
LWCR.DE and PABG.L are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. LWCR.DE is a passively managed fund by Amundi that tracks the performance of the MSCI World ESG Broad CTB Select. It was launched on Dec 4, 2023. PABG.L is a passively managed fund by Amundi that tracks the performance of the MSCI EMU NR EUR. It was launched on Jul 6, 2020. Both LWCR.DE and PABG.L are passive ETFs, meaning that they are not actively managed but aim to replicate the performance of the underlying index as closely as possible.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: LWCR.DE or PABG.L.
Key characteristics
| LWCR.DE | PABG.L | |
|---|---|---|
| YTD Return | 23.81% | 6.53% |
| 1Y Return | 32.31% | 14.05% |
| 3Y Return (Ann) | 9.46% | 2.58% |
| Sharpe Ratio | 2.77 | 1.22 |
| Sortino Ratio | 3.72 | 1.76 |
| Omega Ratio | 1.59 | 1.21 |
| Calmar Ratio | 3.68 | 1.85 |
| Martin Ratio | 17.44 | 5.52 |
| Ulcer Index | 1.74% | 2.68% |
| Daily Std Dev | 10.96% | 12.15% |
| Max Drawdown | -34.01% | -26.49% |
| Current Drawdown | 0.00% | -5.04% |
Correlation
The correlation between LWCR.DE and PABG.L is 0.80, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.
Performance
LWCR.DE vs. PABG.L - Performance Comparison
In the year-to-date period, LWCR.DE achieves a 23.81% return, which is significantly higher than PABG.L's 6.53% return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
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LWCR.DE vs. PABG.L - Expense Ratio Comparison
LWCR.DE has a 0.25% expense ratio, which is higher than PABG.L's 0.20% 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%.
Risk-Adjusted Performance
LWCR.DE vs. PABG.L - Risk-Adjusted Performance 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 Lyxor Net Zero 2050 S&P Eurozone Climate PAB (DR) UCITS ETF - Acc (PABG.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.
Dividends
LWCR.DE vs. PABG.L - Dividend Comparison
Neither LWCR.DE nor PABG.L has paid dividends to shareholders.
Drawdowns
LWCR.DE vs. PABG.L - Drawdown Comparison
The maximum LWCR.DE drawdown since its inception was -34.01%, which is greater than PABG.L's maximum drawdown of -26.49%. Use the drawdown chart below to compare losses from any high point for LWCR.DE and PABG.L. For additional features, visit the drawdowns tool.
Volatility
LWCR.DE vs. PABG.L - Volatility Comparison
The current volatility for Amundi MSCI World ESG Climate Net Zero Ambition CTB UCITS ETF Acc (LWCR.DE) is 3.12%, while Lyxor Net Zero 2050 S&P Eurozone Climate PAB (DR) UCITS ETF - Acc (PABG.L) has a volatility of 5.32%. This indicates that LWCR.DE experiences smaller price fluctuations and is considered to be less risky than PABG.L based on this measure. The chart below showcases a comparison of their rolling one-month volatility.