MWOE.DE vs. IQQI.DE
MWOE.DE (Amundi MSCI World UCITS ETF - USD Dist) and IQQI.DE (iShares Global Infrastructure UCITS ETF) are both Global Equities funds - MWOE.DE tracks the MSCI World while IQQI.DE tracks the FTSE Global Core Infrastructure Index. Both are passively managed. Over the past 3 years, MWOE.DE returned 17.43%/yr vs 8.46%/yr for IQQI.DE. At a 0.42 correlation, their price movements are largely independent. MWOE.DE charges 0.12%/yr vs 0.65%/yr for IQQI.DE.
Performance
MWOE.DE vs. IQQI.DE - Performance Comparison
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Returns By Period
The year-to-date returns for both stocks are quite close, with MWOE.DE having a 10.64% return and IQQI.DE slightly lower at 10.36%.
MWOE.DE
- 1D
- -0.02%
- 1M
- 3.66%
- YTD
- 10.64%
- 6M
- 10.70%
- 1Y
- 23.42%
- 3Y*
- 17.43%
- 5Y*
- —
- 10Y*
- —
IQQI.DE
- 1D
- -1.37%
- 1M
- -1.18%
- YTD
- 10.36%
- 6M
- 9.16%
- 1Y
- 13.12%
- 3Y*
- 8.46%
- 5Y*
- 6.76%
- 10Y*
- 6.89%
MWOE.DE vs. IQQI.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% |
IQQI.DE iShares Global Infrastructure UCITS ETF | 10.36% | 0.54% | 14.51% | -3.16% | -2.87% |
Correlation
The correlation between MWOE.DE and IQQI.DE is 0.19, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.19 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.36 |
Correlation (All Time) Calculated using the full available price history since Jul 6, 2022 | 0.42 |
Over the past year, the correlation between MWOE.DE and IQQI.DE has dropped to 0.19 - well below their long-term average of 0.42, suggesting their price drivers have been diverging.
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Return for Risk
MWOE.DE vs. IQQI.DE — Risk / Return Rank
MWOE.DE
IQQI.DE
MWOE.DE vs. IQQI.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 Global Infrastructure UCITS ETF (IQQI.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 | IQQI.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.95 | ||
| Sortino ratioReturn per unit of downside risk | +1.23 | ||
| Omega ratioGain probability vs. loss probability | 1.40 | 1.20 | +0.20 |
| Calmar ratioReturn relative to maximum drawdown | 3.49 | 2.55 | +0.94 |
| Martin ratioReturn relative to average drawdown | 13.79 | 6.21 | +7.58 |
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 | IQQI.DE | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 2.12 | 1.17 | +0.95 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | — | 0.53 | — |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | — | 0.48 | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 1.21 | 0.33 | +0.87 |
Drawdowns
MWOE.DE vs. IQQI.DE - Drawdown Comparison
The maximum MWOE.DE drawdown since its inception was -21.83%, smaller than the maximum IQQI.DE drawdown of -42.25%. Use the drawdown chart below to compare losses from any high point for MWOE.DE and IQQI.DE.
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Drawdown Indicators
| MWOE.DE | IQQI.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -21.83% | -42.25% | +20.42% |
Max Drawdown (1Y)Largest decline over 1 year | -6.74% | -4.81% | -1.93% |
Max Drawdown (3Y)Largest decline over 3 years | -21.83% | -14.76% | -7.07% |
Max Drawdown (5Y)Largest decline over 5 years | — | -24.81% | — |
Max Drawdown (10Y)Largest decline over 10 years | — | -34.15% | — |
Current DrawdownCurrent decline from peak | -0.33% | -3.21% | +2.88% |
Average DrawdownAverage peak-to-trough decline | -3.61% | -11.06% | +7.45% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.71% | 1.98% | -0.27% |
Volatility
MWOE.DE vs. IQQI.DE - Volatility Comparison
The current volatility for Amundi MSCI World UCITS ETF - USD Dist (MWOE.DE) is 2.63%, while iShares Global Infrastructure UCITS ETF (IQQI.DE) has a volatility of 3.88%. This indicates that MWOE.DE experiences smaller price fluctuations and is considered to be less risky than IQQI.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 | IQQI.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 2.63% | 3.88% | -1.25% |
Volatility (6M)Calculated over the trailing 6-month period | 7.67% | 8.71% | -1.04% |
Volatility (1Y)Calculated over the trailing 1-year period | 11.08% | 10.48% | +0.60% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 13.41% | 12.70% | +0.71% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 13.41% | 14.23% | -0.82% |
MWOE.DE vs. IQQI.DE - Expense Ratio Comparison
MWOE.DE has a 0.12% expense ratio, which is lower than IQQI.DE's 0.65% expense ratio.
Dividends
MWOE.DE vs. IQQI.DE - Dividend Comparison
MWOE.DE's dividend yield for the trailing twelve months is around 0.95%, less than IQQI.DE's 2.09% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
IQQI.DE iShares Global Infrastructure UCITS ETF | 2.09% | 2.30% | 2.28% | 2.42% | 2.14% | 1.85% | 2.25% | 2.05% | 2.30% | 2.76% | 2.64% | 3.14% |
MWOE.DE Amundi MSCI World UCITS ETF - USD Dist | 0.95% | 1.33% | 1.20% | 0.58% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Frequently Asked Questions
MWOE.DE and IQQI.DE have a correlation of 0.19, 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 0.65% for IQQI.DE.
MWOE.DE tracks MSCI World, while IQQI.DE tracks FTSE Global Core Infrastructure Index. They also come from different issuers: Amundi and iShares. Their fees differ too: 0.12% for MWOE.DE and 0.65% for IQQI.DE.
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