MVOL.L vs. EUDF.DE
MVOL.L (iShares Edge MSCI World Minimum Volatility UCITS) and EUDF.DE (WisdomTree Europe Defence UCITS ETF - EUR Acc) are both exchange-traded funds - MVOL.L is a Global Equities fund tracking the MSCI ACWI NR USD, while EUDF.DE is a Aerospace & Defense fund tracking the WisdomTree Europe Defence UCITS Index (NTR). Both are passively managed. Over the past year, MVOL.L returned 1.44% vs -1.71% for EUDF.DE. At a 0.27 correlation, their price movements are largely independent. MVOL.L charges 0.35%/yr vs 0.40%/yr for EUDF.DE.
Performance
MVOL.L vs. EUDF.DE - Performance Comparison
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Different Trading Currencies
MVOL.L is traded in USD, while EUDF.DE is traded in EUR. To make them comparable, the EUDF.DE values have been converted to USD using the latest available exchange rates.
Returns By Period
In the year-to-date period, MVOL.L achieves a 0.67% return, which is significantly lower than EUDF.DE's 1.33% return.
MVOL.L
- 1D
- 0.04%
- 1M
- 0.76%
- YTD
- 0.67%
- 6M
- 1.44%
- 1Y
- 1.44%
- 3Y*
- 9.30%
- 5Y*
- 5.18%
- 10Y*
- 7.05%
EUDF.DE
- 1D
- 1.34%
- 1M
- -4.56%
- YTD
- 1.33%
- 6M
- 4.92%
- 1Y
- -1.71%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
MVOL.L vs. EUDF.DE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | |
|---|---|---|
MVOL.L iShares Edge MSCI World Minimum Volatility UCITS | 0.67% | 4.58% |
EUDF.DE WisdomTree Europe Defence UCITS ETF - EUR Acc | 1.33% | 27.56% |
Correlation
The correlation between MVOL.L and EUDF.DE is 0.20, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.20 |
Correlation (All Time) Calculated using the full available price history since Mar 12, 2025 | 0.27 |
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Return for Risk
MVOL.L vs. EUDF.DE — Risk / Return Rank
MVOL.L
EUDF.DE
MVOL.L vs. EUDF.DE - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for iShares Edge MSCI World Minimum Volatility UCITS (MVOL.L) and WisdomTree Europe Defence UCITS ETF - EUR Acc (EUDF.DE). 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.
| MVOL.L | EUDF.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.24 | ||
| Sortino ratioReturn per unit of downside risk | +0.18 | ||
| Omega ratioGain probability vs. loss probability | 1.04 | 1.02 | +0.02 |
| Calmar ratioReturn relative to maximum drawdown | 0.25 | -0.08 | +0.33 |
| Martin ratioReturn relative to average drawdown | 0.61 | -0.19 | +0.80 |
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
| MVOL.L | EUDF.DE | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 0.19 | -0.06 | +0.24 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.49 | — | — |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.60 | — | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.73 | 0.71 | +0.02 |
Drawdowns
MVOL.L vs. EUDF.DE - Drawdown Comparison
The maximum MVOL.L drawdown since its inception was -28.82%, which is greater than EUDF.DE's maximum drawdown of -20.44%. Use the drawdown chart below to compare losses from any high point for MVOL.L and EUDF.DE.
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Drawdown Indicators
| MVOL.L | EUDF.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -28.82% | -20.44% | -8.38% |
Max Drawdown (1Y)Largest decline over 1 year | -5.78% | -20.44% | +14.66% |
Max Drawdown (3Y)Largest decline over 3 years | -8.14% | — | — |
Max Drawdown (5Y)Largest decline over 5 years | -18.52% | — | — |
Max Drawdown (10Y)Largest decline over 10 years | -28.82% | — | — |
Current DrawdownCurrent decline from peak | -3.86% | -15.14% | +11.28% |
Average DrawdownAverage peak-to-trough decline | -3.34% | -6.37% | +3.03% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.36% | 8.73% | -6.37% |
Volatility
MVOL.L vs. EUDF.DE - Volatility Comparison
The current volatility for iShares Edge MSCI World Minimum Volatility UCITS (MVOL.L) is 2.01%, while WisdomTree Europe Defence UCITS ETF - EUR Acc (EUDF.DE) has a volatility of 10.33%. This indicates that MVOL.L experiences smaller price fluctuations and is considered to be less risky than EUDF.DE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| MVOL.L | EUDF.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 2.01% | 10.33% | -8.32% |
Volatility (6M)Calculated over the trailing 6-month period | 5.58% | 23.43% | -17.85% |
Volatility (1Y)Calculated over the trailing 1-year period | 7.74% | 30.32% | -22.58% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 10.64% | 32.62% | -21.98% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 11.65% | 32.62% | -20.97% |
MVOL.L vs. EUDF.DE - Expense Ratio Comparison
MVOL.L has a 0.35% expense ratio, which is lower than EUDF.DE's 0.40% expense ratio.
Dividends
MVOL.L vs. EUDF.DE - Dividend Comparison
Neither MVOL.L nor EUDF.DE has paid dividends to shareholders.
Frequently Asked Questions
MVOL.L and EUDF.DE have a correlation of 0.20, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, MVOL.L is cheaper at 0.35% per year. The better choice depends on whether you care most about return, fees, risk, or income.
MVOL.L is cheaper with a 0.35% expense ratio, compared with 0.40% for EUDF.DE.
MVOL.L is categorized as Global Equities, while EUDF.DE is Aerospace & Defense. MVOL.L tracks MSCI ACWI NR USD, while EUDF.DE tracks WisdomTree Europe Defence UCITS Index (NTR). They also come from different issuers: iShares and WisdomTree. Their fees differ too: 0.35% for MVOL.L and 0.40% for EUDF.DE.
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