MWOE.DE vs. LYQ3.DE
MWOE.DE (Amundi MSCI World UCITS ETF - USD Dist) and LYQ3.DE (Amundi Euro Government Bond 3-5Y UCITS ETF Acc) are both exchange-traded funds - MWOE.DE is a Global Equities fund tracking the MSCI World, while LYQ3.DE is a European Government Bonds fund tracking the Bloomberg Euro Treasury 50bn 3-5 Year Bond. Both are passively managed. Over the past 3 years, MWOE.DE returned 17.43%/yr vs 2.83%/yr for LYQ3.DE. At a 0.12 correlation, their price movements are largely independent. MWOE.DE charges 0.12%/yr vs 0.17%/yr for LYQ3.DE.
Performance
MWOE.DE vs. LYQ3.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 LYQ3.DE's -0.12% return.
MWOE.DE
- 1D
- -0.02%
- 1M
- 2.89%
- YTD
- 10.64%
- 6M
- 12.21%
- 1Y
- 24.17%
- 3Y*
- 17.43%
- 5Y*
- —
- 10Y*
- —
LYQ3.DE
- 1D
- 0.20%
- 1M
- 0.64%
- YTD
- -0.12%
- 6M
- 0.33%
- 1Y
- 0.51%
- 3Y*
- 2.83%
- 5Y*
- -0.36%
- 10Y*
- -0.03%
MWOE.DE vs. LYQ3.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% | -0.40% |
LYQ3.DE Amundi Euro Government Bond 3-5Y UCITS ETF Acc | -0.12% | 2.66% | 2.16% | 5.09% | -4.80% |
Correlation
The correlation between MWOE.DE and LYQ3.DE is 0.29, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.29 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.14 |
Correlation (All Time) Calculated using the full available price history since Jul 5, 2022 | 0.12 |
The correlation between MWOE.DE and LYQ3.DE shifts across timeframes, from 0.12 (all time) to 0.29 (1 year), reflecting how their relationship changes across market environments.
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Return for Risk
MWOE.DE vs. LYQ3.DE — Risk / Return Rank
MWOE.DE
LYQ3.DE
MWOE.DE vs. LYQ3.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 Euro Government Bond 3-5Y UCITS ETF Acc (LYQ3.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.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| MWOE.DE | LYQ3.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +1.92 | ||
| Sortino ratioReturn per unit of downside risk | +2.67 | ||
| Omega ratioGain probability vs. loss probability | 1.40 | 1.04 | +0.36 |
| Calmar ratioReturn relative to maximum drawdown | 3.49 | 0.21 | +3.28 |
| Martin ratioReturn relative to average drawdown | 13.79 | 0.58 | +13.21 |
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Drawdowns
MWOE.DE vs. LYQ3.DE - Drawdown Comparison
The maximum MWOE.DE drawdown since its inception was -21.83%, which is greater than LYQ3.DE's maximum drawdown of -12.42%. Use the drawdown chart below to compare losses from any high point for MWOE.DE and LYQ3.DE.
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Drawdown Indicators
| MWOE.DE | LYQ3.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -21.83% | -12.42% | -9.41% |
Max Drawdown (1Y)Largest decline over 1 year | -6.74% | -2.39% | -4.35% |
Max Drawdown (3Y)Largest decline over 3 years | -21.83% | -2.39% | -19.44% |
Max Drawdown (5Y)Largest decline over 5 years | — | -12.02% | — |
Max Drawdown (10Y)Largest decline over 10 years | — | -12.42% | — |
Current DrawdownCurrent decline from peak | -0.33% | -2.66% | +2.33% |
Average DrawdownAverage peak-to-trough decline | -3.61% | -2.17% | -1.44% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.71% | 0.88% | +0.83% |
Volatility
MWOE.DE vs. LYQ3.DE - Volatility Comparison
Amundi MSCI World UCITS ETF - USD Dist (MWOE.DE) has a higher volatility of 2.63% compared to Amundi Euro Government Bond 3-5Y UCITS ETF Acc (LYQ3.DE) at 0.94%. This indicates that MWOE.DE's price experiences larger fluctuations and is considered to be riskier than LYQ3.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 | LYQ3.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 2.63% | 0.94% | +1.69% |
Volatility (6M)Calculated over the trailing 6-month period | 7.67% | 2.23% | +5.44% |
Volatility (1Y)Calculated over the trailing 1-year period | 11.08% | 2.52% | +8.56% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 13.41% | 3.56% | +9.85% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 13.41% | 2.80% | +10.61% |
MWOE.DE vs. LYQ3.DE - Expense Ratio Comparison
MWOE.DE has a 0.12% expense ratio, which is lower than LYQ3.DE's 0.17% 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. LYQ3.DE - Dividend Comparison
MWOE.DE's dividend yield for the trailing twelve months is around 0.95%, while LYQ3.DE has not paid dividends to shareholders.
| Position | TTM | 2025 | 2024 | 2023 |
|---|---|---|---|---|
LYQ3.DE Amundi Euro Government Bond 3-5Y UCITS ETF 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 LYQ3.DE have a correlation of 0.29, 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 0.17% for LYQ3.DE.
MWOE.DE is categorized as Global Equities, while LYQ3.DE is European Government Bonds. MWOE.DE tracks MSCI World, while LYQ3.DE tracks Bloomberg Euro Treasury 50bn 3-5 Year Bond. Their fees differ too: 0.12% for MWOE.DE and 0.17% for LYQ3.DE.
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