MWOE.DE vs. AUM5.DE
MWOE.DE (Amundi MSCI World UCITS ETF - USD Dist) and AUM5.DE (Amundi S&P 500 UCITS ETF EUR) are both exchange-traded funds - MWOE.DE is a Global Equities fund tracking the MSCI World, while AUM5.DE is a S&P 500 fund tracking the S&P 500 Index. Both are passively managed. Over the past 3 years, MWOE.DE returned 17.43%/yr vs 18.95%/yr for AUM5.DE. With a 0.95 correlation, they move nearly in lockstep. MWOE.DE charges 0.12%/yr vs 0.15%/yr for AUM5.DE.
Performance
MWOE.DE vs. AUM5.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 AUM5.DE's 11.38% return.
MWOE.DE
- 1D
- -0.02%
- 1M
- 3.66%
- YTD
- 10.64%
- 6M
- 10.70%
- 1Y
- 23.42%
- 3Y*
- 17.43%
- 5Y*
- —
- 10Y*
- —
AUM5.DE
- 1D
- -0.16%
- 1M
- 4.40%
- YTD
- 11.38%
- 6M
- 10.89%
- 1Y
- 25.63%
- 3Y*
- 18.95%
- 5Y*
- 14.88%
- 10Y*
- 15.11%
MWOE.DE vs. AUM5.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% |
AUM5.DE Amundi S&P 500 UCITS ETF EUR | 11.38% | 4.80% | 32.39% | 22.64% | -1.42% |
Correlation
The correlation between MWOE.DE and AUM5.DE is 0.96 - these two move nearly in lockstep. At this level, holding both provides almost no diversification benefit. If you already own one, adding the other does little to reduce portfolio risk.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.96 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.95 |
Correlation (All Time) Calculated using the full available price history since Jul 6, 2022 | 0.95 |
The correlation between MWOE.DE and AUM5.DE has been stable across timeframes, ranging from 0.95 to 0.96 - a consistent structural relationship.
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Return for Risk
MWOE.DE vs. AUM5.DE — Risk / Return Rank
MWOE.DE
AUM5.DE
MWOE.DE vs. AUM5.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 S&P 500 UCITS ETF EUR (AUM5.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 | AUM5.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.07 | ||
| Sortino ratioReturn per unit of downside risk | -0.03 | ||
| Omega ratioGain probability vs. loss probability | 1.40 | 1.41 | -0.01 |
| Calmar ratioReturn relative to maximum drawdown | 3.49 | 3.57 | -0.08 |
| Martin ratioReturn relative to average drawdown | 13.79 | 12.74 | +1.05 |
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 | AUM5.DE | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 2.12 | 2.20 | -0.07 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | — | 0.97 | — |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | — | 0.93 | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 1.21 | 0.96 | +0.24 |
Drawdowns
MWOE.DE vs. AUM5.DE - Drawdown Comparison
The maximum MWOE.DE drawdown since its inception was -21.83%, smaller than the maximum AUM5.DE drawdown of -33.66%. Use the drawdown chart below to compare losses from any high point for MWOE.DE and AUM5.DE.
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Drawdown Indicators
| MWOE.DE | AUM5.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -21.83% | -33.66% | +11.83% |
Max Drawdown (1Y)Largest decline over 1 year | -6.74% | -7.15% | +0.41% |
Max Drawdown (3Y)Largest decline over 3 years | -21.83% | -23.30% | +1.47% |
Max Drawdown (5Y)Largest decline over 5 years | — | -23.30% | — |
Max Drawdown (10Y)Largest decline over 10 years | — | -33.66% | — |
Current DrawdownCurrent decline from peak | -0.33% | -0.46% | +0.13% |
Average DrawdownAverage peak-to-trough decline | -3.61% | -4.00% | +0.39% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.71% | 2.01% | -0.30% |
Volatility
MWOE.DE vs. AUM5.DE - Volatility Comparison
Amundi MSCI World UCITS ETF - USD Dist (MWOE.DE) and Amundi S&P 500 UCITS ETF EUR (AUM5.DE) have volatilities of 2.63% and 2.63%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| MWOE.DE | AUM5.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 2.63% | 2.63% | 0.00% |
Volatility (6M)Calculated over the trailing 6-month period | 7.67% | 7.61% | +0.06% |
Volatility (1Y)Calculated over the trailing 1-year period | 11.08% | 11.64% | -0.56% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 13.41% | 15.19% | -1.78% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 13.41% | 16.07% | -2.66% |
MWOE.DE vs. AUM5.DE - Expense Ratio Comparison
MWOE.DE has a 0.12% expense ratio, which is lower than AUM5.DE's 0.15% 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. AUM5.DE - Dividend Comparison
MWOE.DE's dividend yield for the trailing twelve months is around 0.95%, while AUM5.DE has not paid dividends to shareholders.
| Position | TTM | 2025 | 2024 | 2023 |
|---|---|---|---|---|
AUM5.DE Amundi S&P 500 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
With a correlation of 0.96, MWOE.DE and AUM5.DE move almost identically. Holding both adds very little diversification - you're essentially doubling your position in the same market segment. Choosing one is usually more capital-efficient.
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 0.15% for AUM5.DE.
MWOE.DE is categorized as Global Equities, while AUM5.DE is S&P 500. MWOE.DE tracks MSCI World, while AUM5.DE tracks S&P 500 Index. Their fees differ too: 0.12% for MWOE.DE and 0.15% for AUM5.DE.
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