MPXG.L vs. MWRD.L

Last updated Jun 4, 2026

MPXG.L (Amundi Index MSCI Pacific ex Japan SRI PAB UCITS ETF DR GBP (D)) and MWRD.L (Amundi Index MSCI World) are both exchange-traded funds - MPXG.L is a Asia Pacific Equities fund tracking the MSCI Pacific Ex Japan NR USD, while MWRD.L is a Global Equities fund tracking the MSCI ACWI NR USD. Both are passively managed. At a 0.09 correlation, their price movements are largely independent. MPXG.L charges 0.15%/yr vs 0.08%/yr for MWRD.L.

Performance

MPXG.L vs. MWRD.L - Performance Comparison

The chart below illustrates the hypothetical performance of a £10,000 investment in Amundi Index MSCI Pacific ex Japan SRI PAB UCITS ETF DR GBP (D) (MPXG.L) and Amundi Index MSCI World (MWRD.L). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

MPXG.L

• 1D: -0.35%
• 1M: -2.75%
• YTD: 2.88%
• 6M: 2.63%
• 1Y: 5.29%
• 3Y*: 4.17%
• 5Y*: —
• 10Y*: —

MWRD.L

• 1D: —
• 1M: —
• YTD: —
• 6M: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

*Multi-year figures are annualized to reflect compound growth (CAGR)

MPXG.L vs. MWRD.L - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022
MPXG.L Amundi Index MSCI Pacific ex Japan SRI PAB UCITS ETF DR GBP (D)	2.88%	5.53%	2.02%	-1.23%	1.81%
MWRD.L Amundi Index MSCI World	0.00%	0.00%	-1.27%	17.50%	-0.99%

Correlation

The correlation between MPXG.L and MWRD.L is 0.09, meaning there is essentially no relationship between their price movements. Each responds to its own set of market drivers, making them strong candidates for combining in a diversified portfolio.

	Correlation
Correlation (3Y) Calculated over the trailing 3-year period	0.07
Correlation (All Time) Calculated using the full available price history since Dec 7, 2022	0.09

Return for Risk

MPXG.L vs. MWRD.L — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

MPXG.L

MPXG.L Risk / Return Rank: 17
MPXG.L Sharpe Ratio Rank: 17
MPXG.L Sortino Ratio Rank: 16
MPXG.L Omega Ratio Rank: 16
MPXG.L Calmar Ratio Rank: 19
MPXG.L Martin Ratio Rank: 18

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

MPXG.L vs. MWRD.L - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Amundi Index MSCI Pacific ex Japan SRI PAB UCITS ETF DR GBP (D) (MPXG.L) 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.

	MPXG.L	MWRD.L	Difference
Sharpe ratio: Return per unit of total volatility	0.48	—	—
Sortino ratio: Return per unit of downside risk	0.77	—	—
Omega ratio: Gain probability vs. loss probability	1.09	—	—
Calmar ratio: Return relative to maximum drawdown	0.74	—	—
Martin ratio: Return relative to average drawdown	1.90	—	—
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

Sharpe Ratios by Period

	MPXG.L	MWRD.L	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	0.48	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.28	—	—

Drawdowns

Drawdown Indicators

	MPXG.L	MWRD.L	Difference
Max Drawdown Largest peak-to-trough decline	-16.94%	—	—
Max Drawdown (1Y) Largest decline over 1 year	-7.42%	—	—
Max Drawdown (3Y) Largest decline over 3 years	-15.75%	—	—
Current Drawdown Current decline from peak	-5.39%	—	—
Average Drawdown Average peak-to-trough decline	-5.30%	—	—
Ulcer Index Depth and duration of drawdowns from previous peaks	2.84%	—	—

Volatility

Volatility by Period

	MPXG.L	MWRD.L	Difference
Volatility (1M) Calculated over the trailing 1-month period	3.74%	—	—
Volatility (6M) Calculated over the trailing 6-month period	9.14%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	11.41%	—	—
Volatility (5Y) Calculated over the trailing 5-year period, annualized	14.91%	—	—
Volatility (10Y) Calculated over the trailing 10-year period, annualized	14.91%	—	—

MPXG.L vs. MWRD.L - Expense Ratio Comparison

MPXG.L 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

MPXG.L vs. MWRD.L - Dividend Comparison

MPXG.L's dividend yield for the trailing twelve months is around 3.15%, while MWRD.L has not paid dividends to shareholders.

Position	TTM	2025	2024	2023
MPXG.L Amundi Index MSCI Pacific ex Japan SRI PAB UCITS ETF DR GBP (D)	3.15%	3.24%	3.36%	3.87%
MWRD.L Amundi Index MSCI World	0.00%	0.00%	0.00%	0.00%

Frequently Asked Questions

Can I hold both MPXG.L and MWRD.L in my portfolio?

MPXG.L and MWRD.L have a correlation of 0.09, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, MPXG.L or MWRD.L?

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.

Which ETF is cheaper, MPXG.L or MWRD.L?

MWRD.L is cheaper with a 0.08% expense ratio, compared with 0.15% for MPXG.L.

What is the main difference between MPXG.L and MWRD.L?

MPXG.L is categorized as Asia Pacific Equities, while MWRD.L is Global Equities. MPXG.L tracks MSCI Pacific Ex Japan NR USD, while MWRD.L tracks MSCI ACWI NR USD. Their fees differ too: 0.15% for MPXG.L and 0.08% for MWRD.L.