MWOE.DE vs. 2B7S.DE
MWOE.DE (Amundi MSCI World UCITS ETF - USD Dist) and 2B7S.DE (iShares $ Treasury Bond 1-3yr UCITS ETF EUR Hedged Acc) are both exchange-traded funds - MWOE.DE is a Global Equities fund tracking the MSCI World, while 2B7S.DE is a Government Bonds fund tracking the ICE US Treasury 1-3 Year (EUR Hedged) Index. Both are passively managed. Over the past 3 years, MWOE.DE returned 17.43%/yr vs 2.30%/yr for 2B7S.DE. At a correlation of -0.06, they often move in opposite directions. MWOE.DE charges 0.12%/yr vs 0.10%/yr for 2B7S.DE.
Performance
MWOE.DE vs. 2B7S.DE - Performance Comparison
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Returns By Period
In the year-to-date period, MWOE.DE achieves a 10.64% return, which is significantly higher than 2B7S.DE's -0.08% return.
MWOE.DE
- 1D
- -0.02%
- 1M
- 3.66%
- YTD
- 10.64%
- 6M
- 10.70%
- 1Y
- 23.42%
- 3Y*
- 17.43%
- 5Y*
- —
- 10Y*
- —
2B7S.DE
- 1D
- 0.09%
- 1M
- -0.09%
- YTD
- -0.08%
- 6M
- 0.08%
- 1Y
- 1.31%
- 3Y*
- 2.30%
- 5Y*
- -0.00%
- 10Y*
- —
MWOE.DE vs. 2B7S.DE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | |
|---|---|---|---|---|---|
MWOE.DE Amundi MSCI World UCITS ETF - USD Dist | 10.64% | 7.87% | 25.72% | 19.87% | 0.54% |
2B7S.DE iShares $ Treasury Bond 1-3yr UCITS ETF EUR Hedged Acc | -0.08% | 2.92% | 2.36% | 1.95% | -2.41% |
Correlation
The correlation between MWOE.DE and 2B7S.DE is -0.01, 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 (1Y) Calculated over the trailing 1-year period | -0.01 |
Correlation (3Y) Calculated over the trailing 3-year period | -0.07 |
Correlation (All Time) Calculated using the full available price history since Jul 6, 2022 | -0.06 |
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Return for Risk
MWOE.DE vs. 2B7S.DE — Risk / Return Rank
MWOE.DE
2B7S.DE
MWOE.DE vs. 2B7S.DE - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Amundi MSCI World UCITS ETF - USD Dist (MWOE.DE) and iShares $ Treasury Bond 1-3yr UCITS ETF EUR Hedged Acc (2B7S.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.
| MWOE.DE | 2B7S.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +1.12 | ||
| Sortino ratioReturn per unit of downside risk | +1.47 | ||
| Omega ratioGain probability vs. loss probability | 1.40 | 1.18 | +0.22 |
| Calmar ratioReturn relative to maximum drawdown | 3.49 | 1.51 | +1.98 |
| Martin ratioReturn relative to average drawdown | 13.79 | 4.17 | +9.62 |
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
| MWOE.DE | 2B7S.DE | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 2.12 | 1.00 | +1.12 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | — | -0.00 | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 1.21 | -0.00 | +1.21 |
Drawdowns
MWOE.DE vs. 2B7S.DE - Drawdown Comparison
The maximum MWOE.DE drawdown since its inception was -21.83%, which is greater than 2B7S.DE's maximum drawdown of -7.76%. Use the drawdown chart below to compare losses from any high point for MWOE.DE and 2B7S.DE.
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Drawdown Indicators
| MWOE.DE | 2B7S.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -21.83% | -7.76% | -14.07% |
Max Drawdown (1Y)Largest decline over 1 year | -6.74% | -0.85% | -5.89% |
Max Drawdown (3Y)Largest decline over 3 years | -21.83% | -1.14% | -20.69% |
Max Drawdown (5Y)Largest decline over 5 years | — | -7.72% | — |
Current DrawdownCurrent decline from peak | -0.33% | -0.58% | +0.25% |
Average DrawdownAverage peak-to-trough decline | -3.61% | -3.30% | -0.31% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.71% | 0.31% | +1.40% |
Volatility
MWOE.DE vs. 2B7S.DE - Volatility Comparison
Amundi MSCI World UCITS ETF - USD Dist (MWOE.DE) has a higher volatility of 2.63% compared to iShares $ Treasury Bond 1-3yr UCITS ETF EUR Hedged Acc (2B7S.DE) at 0.47%. This indicates that MWOE.DE's price experiences larger fluctuations and is considered to be riskier than 2B7S.DE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| MWOE.DE | 2B7S.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 2.63% | 0.47% | +2.16% |
Volatility (6M)Calculated over the trailing 6-month period | 7.67% | 0.92% | +6.75% |
Volatility (1Y)Calculated over the trailing 1-year period | 11.08% | 1.29% | +9.79% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 13.41% | 1.99% | +11.42% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 13.41% | 1.96% | +11.45% |
MWOE.DE vs. 2B7S.DE - Expense Ratio Comparison
MWOE.DE has a 0.12% expense ratio, which is higher than 2B7S.DE's 0.10% 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
MWOE.DE vs. 2B7S.DE - Dividend Comparison
MWOE.DE's dividend yield for the trailing twelve months is around 0.95%, while 2B7S.DE has not paid dividends to shareholders.
| Position | TTM | 2025 | 2024 | 2023 |
|---|---|---|---|---|
2B7S.DE iShares $ Treasury Bond 1-3yr UCITS ETF EUR Hedged Acc | 0.00% | 0.00% | 0.00% | 0.00% |
MWOE.DE Amundi MSCI World UCITS ETF - USD Dist | 0.95% | 1.33% | 1.20% | 0.58% |
Frequently Asked Questions
MWOE.DE and 2B7S.DE have a correlation of -0.01, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, 2B7S.DE is cheaper at 0.10% per year. The better choice depends on whether you care most about return, fees, risk, or income.
2B7S.DE is cheaper with a 0.10% expense ratio, compared with 0.12% for MWOE.DE.
MWOE.DE is categorized as Global Equities, while 2B7S.DE is Government Bonds. MWOE.DE tracks MSCI World, while 2B7S.DE tracks ICE US Treasury 1-3 Year (EUR Hedged) Index. They also come from different issuers: Amundi and iShares. Their fees differ too: 0.12% for MWOE.DE and 0.10% for 2B7S.DE.
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