MEUD.L vs. IWDA.AS
MEUD.L (Lyxor Core STOXX Europe 600 (DR) - UCITS ETF Acc) and IWDA.AS (iShares Core MSCI World UCITS ETF USD (Acc)) are both exchange-traded funds - MEUD.L is a Europe Equities fund tracking the MSCI Europe NR EUR, while IWDA.AS is a Global Equities fund tracking the MSCI World Index. Both are passively managed. Over the past 10 years, MEUD.L returned 10.52%/yr vs 13.91%/yr for IWDA.AS. A 0.76 correlation means they provide meaningful diversification when combined. MEUD.L charges 0.15%/yr vs 0.20%/yr for IWDA.AS.
Performance
MEUD.L vs. IWDA.AS - Performance Comparison
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Different Trading Currencies
MEUD.L is traded in GBp, while IWDA.AS is traded in EUR. To make them comparable, the IWDA.AS values have been converted to GBp using the latest available exchange rates.
Returns By Period
In the year-to-date period, MEUD.L achieves a 6.17% return, which is significantly lower than IWDA.AS's 10.20% return. Over the past 10 years, MEUD.L has underperformed IWDA.AS with an annualized return of 10.52%, while IWDA.AS has yielded a comparatively higher 13.91% annualized return.
MEUD.L
- 1D
- 0.06%
- 1M
- 2.27%
- YTD
- 6.17%
- 6M
- 8.63%
- 1Y
- 18.55%
- 3Y*
- 14.23%
- 5Y*
- 9.58%
- 10Y*
- 10.52%
IWDA.AS
- 1D
- 0.04%
- 1M
- 3.71%
- YTD
- 10.20%
- 6M
- 9.99%
- 1Y
- 26.54%
- 3Y*
- 17.68%
- 5Y*
- 13.04%
- 10Y*
- 13.91%
MEUD.L vs. IWDA.AS - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
MEUD.L Lyxor Core STOXX Europe 600 (DR) - UCITS ETF Acc | 6.17% | 26.51% | 3.65% | 13.48% | -5.04% | 17.06% | 3.85% | 20.40% | -9.59% | 15.43% |
IWDA.AS iShares Core MSCI World UCITS ETF USD (Acc) | 10.20% | 12.81% | 21.44% | 17.50% | -9.07% | 24.68% | 12.21% | 22.23% | -3.21% | 12.09% |
Correlation
The correlation between MEUD.L and IWDA.AS is 0.70, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.70 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.65 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.70 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.74 |
Correlation (All Time) Calculated using the full available price history since Apr 4, 2013 | 0.76 |
The correlation between MEUD.L and IWDA.AS shifts across timeframes, from 0.65 (3 years) to 0.76 (all time), reflecting how their relationship changes across market environments.
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Return for Risk
MEUD.L vs. IWDA.AS — Risk / Return Rank
MEUD.L
IWDA.AS
MEUD.L vs. IWDA.AS - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Lyxor Core STOXX Europe 600 (DR) - UCITS ETF Acc (MEUD.L) and iShares Core MSCI World UCITS ETF USD (Acc) (IWDA.AS). 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.
| MEUD.L | IWDA.AS | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -1.05 | ||
| Sortino ratioReturn per unit of downside risk | -1.42 | ||
| Omega ratioGain probability vs. loss probability | 1.29 | 1.48 | -0.19 |
| Calmar ratioReturn relative to maximum drawdown | 1.75 | 4.14 | -2.38 |
| Martin ratioReturn relative to average drawdown | 6.35 | 16.14 | -9.79 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| MEUD.L | IWDA.AS | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.52 | 2.57 | -1.05 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.60 | 0.94 | -0.34 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.62 | 0.92 | -0.30 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.45 | 0.81 | -0.36 |
Drawdowns
MEUD.L vs. IWDA.AS - Drawdown Comparison
The maximum MEUD.L drawdown since its inception was -28.57%, which is greater than IWDA.AS's maximum drawdown of -26.21%. Use the drawdown chart below to compare losses from any high point for MEUD.L and IWDA.AS.
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Drawdown Indicators
| MEUD.L | IWDA.AS | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -28.57% | -26.21% | -2.36% |
Max Drawdown (1Y)Largest decline over 1 year | -10.53% | -6.46% | -4.07% |
Max Drawdown (3Y)Largest decline over 3 years | -12.61% | -19.60% | +6.99% |
Max Drawdown (5Y)Largest decline over 5 years | -17.09% | -19.60% | +2.51% |
Max Drawdown (10Y)Largest decline over 10 years | -28.57% | -26.21% | -2.36% |
Current DrawdownCurrent decline from peak | -1.71% | -0.19% | -1.52% |
Average DrawdownAverage peak-to-trough decline | -6.90% | -3.57% | -3.33% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.91% | 1.67% | +1.24% |
Volatility
MEUD.L vs. IWDA.AS - Volatility Comparison
Lyxor Core STOXX Europe 600 (DR) - UCITS ETF Acc (MEUD.L) has a higher volatility of 3.16% compared to iShares Core MSCI World UCITS ETF USD (Acc) (IWDA.AS) at 2.83%. This indicates that MEUD.L's price experiences larger fluctuations and is considered to be riskier than IWDA.AS based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| MEUD.L | IWDA.AS | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 3.16% | 2.83% | +0.33% |
Volatility (6M)Calculated over the trailing 6-month period | 10.20% | 7.45% | +2.75% |
Volatility (1Y)Calculated over the trailing 1-year period | 12.17% | 10.40% | +1.77% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 16.00% | 13.65% | +2.35% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 16.94% | 14.83% | +2.11% |
MEUD.L vs. IWDA.AS - Expense Ratio Comparison
MEUD.L has a 0.15% expense ratio, which is lower than IWDA.AS'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
MEUD.L vs. IWDA.AS - Dividend Comparison
Neither MEUD.L nor IWDA.AS has paid dividends to shareholders.
Frequently Asked Questions
MEUD.L and IWDA.AS have a correlation of 0.70, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, MEUD.L is cheaper at 0.15% per year. The better choice depends on whether you care most about return, fees, risk, or income.
MEUD.L is cheaper with a 0.15% expense ratio, compared with 0.20% for IWDA.AS.
MEUD.L is categorized as Europe Equities, while IWDA.AS is Global Equities. MEUD.L tracks MSCI Europe NR EUR, while IWDA.AS tracks MSCI World Index. They also come from different issuers: Amundi and iShares. Their fees differ too: 0.15% for MEUD.L and 0.20% for IWDA.AS.
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