MWOE.DE vs. 6AQQ.DE
MWOE.DE (Amundi MSCI World UCITS ETF - USD Dist) and 6AQQ.DE (Amundi Nasdaq 100 UCITS ETF EUR) are both exchange-traded funds - MWOE.DE is a Global Equities fund tracking the MSCI World, while 6AQQ.DE is a Nasdaq-100 fund tracking the Nasdaq 100®. Both are passively managed. Over the past 3 years, MWOE.DE returned 17.43%/yr vs 24.68%/yr for 6AQQ.DE. Their correlation of 0.88 suggests significant overlap in exposure. MWOE.DE charges 0.12%/yr vs 0.23%/yr for 6AQQ.DE.
Performance
MWOE.DE vs. 6AQQ.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 lower than 6AQQ.DE's 20.65% return.
MWOE.DE
- 1D
- -0.02%
- 1M
- 3.66%
- YTD
- 10.64%
- 6M
- 10.70%
- 1Y
- 23.42%
- 3Y*
- 17.43%
- 5Y*
- —
- 10Y*
- —
6AQQ.DE
- 1D
- -0.84%
- 1M
- 7.97%
- YTD
- 20.65%
- 6M
- 18.79%
- 1Y
- 37.28%
- 3Y*
- 24.68%
- 5Y*
- 18.87%
- 10Y*
- 21.42%
MWOE.DE vs. 6AQQ.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% |
6AQQ.DE Amundi Nasdaq 100 UCITS ETF EUR | 20.65% | 7.08% | 33.77% | 51.54% | -9.14% |
Correlation
The correlation between MWOE.DE and 6AQQ.DE is 0.89, indicating a strong positive relationship between their price movements. Combining them offers limited diversification - they tend to fall together during downturns.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.89 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.87 |
Correlation (All Time) Calculated using the full available price history since Jul 6, 2022 | 0.88 |
The correlation between MWOE.DE and 6AQQ.DE has been stable across timeframes, ranging from 0.87 to 0.89 - a consistent structural relationship.
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Return for Risk
MWOE.DE vs. 6AQQ.DE — Risk / Return Rank
MWOE.DE
6AQQ.DE
MWOE.DE vs. 6AQQ.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 Amundi Nasdaq 100 UCITS ETF EUR (6AQQ.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 | 6AQQ.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.29 | ||
| Sortino ratioReturn per unit of downside risk | -0.23 | ||
| Omega ratioGain probability vs. loss probability | 1.40 | 1.42 | -0.02 |
| Calmar ratioReturn relative to maximum drawdown | 3.49 | 3.77 | -0.28 |
| Martin ratioReturn relative to average drawdown | 13.79 | 11.17 | +2.62 |
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 | 6AQQ.DE | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 2.12 | 2.41 | -0.29 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | — | 0.94 | — |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | — | 1.08 | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 1.21 | 1.08 | +0.13 |
Drawdowns
MWOE.DE vs. 6AQQ.DE - Drawdown Comparison
The maximum MWOE.DE drawdown since its inception was -21.83%, smaller than the maximum 6AQQ.DE drawdown of -31.19%. Use the drawdown chart below to compare losses from any high point for MWOE.DE and 6AQQ.DE.
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Drawdown Indicators
| MWOE.DE | 6AQQ.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -21.83% | -31.19% | +9.36% |
Max Drawdown (1Y)Largest decline over 1 year | -6.74% | -10.01% | +3.27% |
Max Drawdown (3Y)Largest decline over 3 years | -21.83% | -26.73% | +4.90% |
Max Drawdown (5Y)Largest decline over 5 years | — | -31.19% | — |
Max Drawdown (10Y)Largest decline over 10 years | — | -31.19% | — |
Current DrawdownCurrent decline from peak | -0.33% | -0.84% | +0.51% |
Average DrawdownAverage peak-to-trough decline | -3.61% | -5.36% | +1.75% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.71% | 3.39% | -1.68% |
Volatility
MWOE.DE vs. 6AQQ.DE - Volatility Comparison
The current volatility for Amundi MSCI World UCITS ETF - USD Dist (MWOE.DE) is 2.63%, while Amundi Nasdaq 100 UCITS ETF EUR (6AQQ.DE) has a volatility of 4.40%. This indicates that MWOE.DE experiences smaller price fluctuations and is considered to be less risky than 6AQQ.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 | 6AQQ.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 2.63% | 4.40% | -1.77% |
Volatility (6M)Calculated over the trailing 6-month period | 7.67% | 10.96% | -3.29% |
Volatility (1Y)Calculated over the trailing 1-year period | 11.08% | 15.66% | -4.58% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 13.41% | 19.83% | -6.42% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 13.41% | 19.63% | -6.22% |
MWOE.DE vs. 6AQQ.DE - Expense Ratio Comparison
MWOE.DE has a 0.12% expense ratio, which is lower than 6AQQ.DE's 0.23% 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
MWOE.DE vs. 6AQQ.DE - Dividend Comparison
MWOE.DE's dividend yield for the trailing twelve months is around 0.95%, while 6AQQ.DE has not paid dividends to shareholders.
| Position | TTM | 2025 | 2024 | 2023 |
|---|---|---|---|---|
6AQQ.DE Amundi Nasdaq 100 UCITS ETF EUR | 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 6AQQ.DE have a correlation of 0.89, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, MWOE.DE is cheaper at 0.12% per year. The better choice depends on whether you care most about return, fees, risk, or income.
MWOE.DE is cheaper with a 0.12% expense ratio, compared with 0.23% for 6AQQ.DE.
MWOE.DE is categorized as Global Equities, while 6AQQ.DE is Nasdaq-100. MWOE.DE tracks MSCI World, while 6AQQ.DE tracks Nasdaq 100®. Their fees differ too: 0.12% for MWOE.DE and 0.23% for 6AQQ.DE.
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