LYQ2.DE vs. SWDA.L
LYQ2.DE (Amundi Euro Government Bond 1-3Y UCITS ETF Acc) and SWDA.L (iShares Core MSCI World UCITS ETF USD (Acc)) are both exchange-traded funds - LYQ2.DE is a European Government Bonds fund tracking the Bloomberg Euro Treasury 50bn 1-3 Year Bond, while SWDA.L is a Global Equities fund tracking the MSCI World Index. Both are passively managed. Over the past 10 years, LYQ2.DE returned 0.12%/yr vs 12.97%/yr for SWDA.L. At a 0.08 correlation, their price movements are largely independent. LYQ2.DE charges 0.17%/yr vs 0.20%/yr for SWDA.L.
Performance
LYQ2.DE vs. SWDA.L - Performance Comparison
Loading charts...
Different Trading Currencies
LYQ2.DE is traded in EUR, while SWDA.L is traded in GBp. To make them comparable, the SWDA.L values have been converted to EUR using the latest available exchange rates.
Returns By Period
In the year-to-date period, LYQ2.DE achieves a 0.15% return, which is significantly lower than SWDA.L's 10.01% return. Over the past 10 years, LYQ2.DE has underperformed SWDA.L with an annualized return of 0.12%, while SWDA.L has yielded a comparatively higher 12.97% annualized return.
LYQ2.DE
- 1D
- 0.10%
- 1M
- 0.26%
- YTD
- 0.15%
- 6M
- 0.36%
- 1Y
- 0.92%
- 3Y*
- 2.60%
- 5Y*
- 0.57%
- 10Y*
- 0.12%
SWDA.L
- 1D
- 1.47%
- 1M
- 1.14%
- YTD
- 10.01%
- 6M
- 11.19%
- 1Y
- 23.80%
- 3Y*
- 16.71%
- 5Y*
- 12.47%
- 10Y*
- 12.97%
LYQ2.DE vs. SWDA.L - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
LYQ2.DE Amundi Euro Government Bond 1-3Y UCITS ETF Acc | 0.15% | 2.14% | 2.97% | 3.27% | -4.97% | -0.84% | -0.20% | -0.13% | -0.45% | -0.63% |
SWDA.L iShares Core MSCI World UCITS ETF USD (Acc) | 10.01% | 6.76% | 26.95% | 20.08% | -13.06% | 31.68% | 6.15% | 30.86% | -4.97% | 7.38% |
Correlation
The correlation between LYQ2.DE and SWDA.L is 0.21, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.21 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.10 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.07 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.07 |
Correlation (All Time) Calculated using the full available price history since Sep 25, 2009 | 0.08 |
The correlation between LYQ2.DE and SWDA.L shifts across timeframes, from 0.07 (5 years) to 0.21 (1 year), reflecting how their relationship changes across market environments.
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Return for Risk
LYQ2.DE vs. SWDA.L — Risk / Return Rank
LYQ2.DE
SWDA.L
LYQ2.DE vs. SWDA.L - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Amundi Euro Government Bond 1-3Y UCITS ETF Acc (LYQ2.DE) and iShares Core MSCI World UCITS ETF USD (Acc) (SWDA.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.
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.
| LYQ2.DE | SWDA.L | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -1.45 | ||
| Sortino ratioReturn per unit of downside risk | -1.98 | ||
| Omega ratioGain probability vs. loss probability | 1.12 | 1.39 | -0.27 |
| Calmar ratioReturn relative to maximum drawdown | 0.67 | 3.53 | -2.86 |
| Martin ratioReturn relative to average drawdown | 2.05 | 14.32 | -12.28 |
Loading charts...
Drawdowns
LYQ2.DE vs. SWDA.L - Drawdown Comparison
The maximum LYQ2.DE drawdown since its inception was -7.75%, smaller than the maximum SWDA.L drawdown of -41.36%. Use the drawdown chart below to compare losses from any high point for LYQ2.DE and SWDA.L.
Loading charts...
Drawdown Indicators
| LYQ2.DE | SWDA.L | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -7.75% | -41.36% | +33.61% |
Max Drawdown (1Y)Largest decline over 1 year | -1.22% | -6.53% | +5.31% |
Max Drawdown (3Y)Largest decline over 3 years | -1.22% | -20.55% | +19.33% |
Max Drawdown (5Y)Largest decline over 5 years | -6.02% | -20.55% | +14.53% |
Max Drawdown (10Y)Largest decline over 10 years | -7.75% | -33.00% | +25.25% |
Current DrawdownCurrent decline from peak | -0.43% | -1.22% | +0.79% |
Average DrawdownAverage peak-to-trough decline | -1.28% | -8.78% | +7.50% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 0.40% | 1.61% | -1.21% |
Volatility
LYQ2.DE vs. SWDA.L - Volatility Comparison
The current volatility for Amundi Euro Government Bond 1-3Y UCITS ETF Acc (LYQ2.DE) is 0.53%, while iShares Core MSCI World UCITS ETF USD (Acc) (SWDA.L) has a volatility of 2.85%. This indicates that LYQ2.DE experiences smaller price fluctuations and is considered to be less risky than SWDA.L based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| LYQ2.DE | SWDA.L | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 0.53% | 2.85% | -2.32% |
Volatility (6M)Calculated over the trailing 6-month period | 1.17% | 7.87% | -6.70% |
Volatility (1Y)Calculated over the trailing 1-year period | 1.28% | 11.09% | -9.81% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 1.65% | 14.10% | -12.45% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 1.31% | 15.24% | -13.93% |
LYQ2.DE vs. SWDA.L - Expense Ratio Comparison
LYQ2.DE has a 0.17% expense ratio, which is lower than SWDA.L's 0.20% expense ratio. Despite the difference, both funds are considered low-cost compared to the broader market, where average expense ratios usually range from 0.3% to 0.9%.
Dividends
LYQ2.DE vs. SWDA.L - Dividend Comparison
Neither LYQ2.DE nor SWDA.L has paid dividends to shareholders.
Frequently Asked Questions
LYQ2.DE and SWDA.L have a correlation of 0.21, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, LYQ2.DE is cheaper at 0.17% per year. The better choice depends on whether you care most about return, fees, risk, or income.
LYQ2.DE is cheaper with a 0.17% expense ratio, compared with 0.20% for SWDA.L.
LYQ2.DE is categorized as European Government Bonds, while SWDA.L is Global Equities. LYQ2.DE tracks Bloomberg Euro Treasury 50bn 1-3 Year Bond, while SWDA.L tracks MSCI World Index. They also come from different issuers: Amundi and iShares. Their fees differ too: 0.17% for LYQ2.DE and 0.20% for SWDA.L.
Find the right allocation for LYQ2.DE and SWDA.L
Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Optimizer