LYY7.DE vs. MWRD.L
LYY7.DE (Amundi Dax III UCITS ETF Acc) and MWRD.L (Amundi Index MSCI World) are both exchange-traded funds - LYY7.DE is a Europe Equities fund tracking the DAX®, while MWRD.L is a Global Equities fund tracking the MSCI ACWI NR USD. Both are passively managed. A 0.61 correlation means they provide meaningful diversification when combined. LYY7.DE charges 0.15%/yr vs 0.08%/yr for MWRD.L.
Performance
LYY7.DE vs. MWRD.L - Performance Comparison
Loading charts...
Different Trading Currencies
LYY7.DE is traded in EUR, while MWRD.L is traded in GBp. To make them comparable, the MWRD.L values have been converted to EUR using the latest available exchange rates.
Returns By Period
LYY7.DE
- 1D
- 0.49%
- 1M
- -0.07%
- YTD
- 1.32%
- 6M
- 3.35%
- 1Y
- 1.98%
- 3Y*
- 15.46%
- 5Y*
- 9.09%
- 10Y*
- 8.86%
MWRD.L
- 1D
- —
- 1M
- —
- YTD
- —
- 6M
- —
- 1Y
- —
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
LYY7.DE vs. MWRD.L - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
LYY7.DE Amundi Dax III UCITS ETF Acc | 1.32% | 22.58% | 18.16% | 19.56% | -12.88% | 15.21% | 3.01% | 24.70% | -18.55% | 3.94% |
MWRD.L Amundi Index MSCI World | 0.00% | 0.00% | -0.25% | 19.99% | -13.98% | 32.66% | 5.77% | 31.36% | -5.45% | 5.48% |
Correlation
The correlation between LYY7.DE and MWRD.L is 0.61, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.
| Correlation | |
|---|---|
Correlation (3Y) Calculated over the trailing 3-year period | 0.23 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.49 |
Correlation (All Time) Calculated using the full available price history since Jun 30, 2017 | 0.61 |
The correlation between LYY7.DE and MWRD.L shifts across timeframes, from 0.23 (3 years) to 0.61 (all time), 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
LYY7.DE vs. MWRD.L — Risk / Return Rank
LYY7.DE
MWRD.L
LYY7.DE vs. MWRD.L - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Amundi Dax III UCITS ETF Acc (LYY7.DE) and Amundi Index MSCI World (MWRD.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.
| LYY7.DE | MWRD.L | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | — | — | |
| Sortino ratioReturn per unit of downside risk | — | — | |
| Omega ratioGain probability vs. loss probability | 1.04 | — | — |
| Calmar ratioReturn relative to maximum drawdown | 0.18 | — | — |
| Martin ratioReturn relative to average drawdown | 0.56 | — | — |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
Loading charts...
Sharpe Ratios by Period
| LYY7.DE | MWRD.L | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 0.14 | — | — |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.52 | — | — |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.48 | — | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.35 | — | — |
Drawdowns
LYY7.DE vs. MWRD.L - Drawdown Comparison
Loading charts...
Drawdown Indicators
| LYY7.DE | MWRD.L | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -55.24% | — | — |
Max Drawdown (1Y)Largest decline over 1 year | -12.31% | — | — |
Max Drawdown (3Y)Largest decline over 3 years | -15.92% | — | — |
Max Drawdown (5Y)Largest decline over 5 years | -26.71% | — | — |
Max Drawdown (10Y)Largest decline over 10 years | -38.74% | — | — |
Current DrawdownCurrent decline from peak | -2.28% | — | — |
Average DrawdownAverage peak-to-trough decline | -11.37% | — | — |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 3.99% | — | — |
Volatility
LYY7.DE vs. MWRD.L - Volatility Comparison
Loading charts...
Volatility by Period
| LYY7.DE | MWRD.L | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 5.09% | — | — |
Volatility (6M)Calculated over the trailing 6-month period | 12.96% | — | — |
Volatility (1Y)Calculated over the trailing 1-year period | 16.09% | — | — |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 17.18% | — | — |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 18.35% | — | — |
LYY7.DE vs. MWRD.L - Expense Ratio Comparison
LYY7.DE has a 0.15% expense ratio, which is higher than MWRD.L's 0.08% 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
LYY7.DE vs. MWRD.L - Dividend Comparison
Neither LYY7.DE nor MWRD.L has paid dividends to shareholders.
Frequently Asked Questions
LYY7.DE and MWRD.L have a correlation of 0.61, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, MWRD.L is cheaper at 0.08% per year. The better choice depends on whether you care most about return, fees, risk, or income.
MWRD.L is cheaper with a 0.08% expense ratio, compared with 0.15% for LYY7.DE.
LYY7.DE is categorized as Europe Equities, while MWRD.L is Global Equities. LYY7.DE tracks DAX®, while MWRD.L tracks MSCI ACWI NR USD. Their fees differ too: 0.15% for LYY7.DE and 0.08% for MWRD.L.
Find the right allocation for LYY7.DE and MWRD.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