MWOE.DE vs. YCSH.DE
MWOE.DE (Amundi MSCI World UCITS ETF - USD Dist) and YCSH.DE (iShares € Cash UCITS ETF EUR Acc) are both exchange-traded funds - MWOE.DE is a Global Equities fund tracking the MSCI World, while YCSH.DE is a Money Market fund actively managed by iShares. MWOE.DE is passively managed, while YCSH.DE is actively managed. Over the past year, MWOE.DE returned 23.42% vs 1.97% for YCSH.DE. At a 0.02 correlation, their price movements are largely independent. MWOE.DE charges 0.12%/yr vs 0.10%/yr for YCSH.DE.
Performance
MWOE.DE vs. YCSH.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 YCSH.DE's 0.84% return.
MWOE.DE
- 1D
- -0.02%
- 1M
- 3.66%
- YTD
- 10.64%
- 6M
- 10.70%
- 1Y
- 23.42%
- 3Y*
- 17.43%
- 5Y*
- —
- 10Y*
- —
YCSH.DE
- 1D
- 0.01%
- 1M
- 0.17%
- YTD
- 0.84%
- 6M
- 0.99%
- 1Y
- 1.97%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
MWOE.DE vs. YCSH.DE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | |
|---|---|---|---|
MWOE.DE Amundi MSCI World UCITS ETF - USD Dist | 10.64% | 7.87% | -0.30% |
YCSH.DE iShares € Cash UCITS ETF EUR Acc | 0.84% | 2.26% | 0.27% |
Correlation
The correlation between MWOE.DE and YCSH.DE is -0.03, 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 | -0.03 |
Correlation (All Time) Calculated using the full available price history since Nov 28, 2024 | 0.02 |
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Return for Risk
MWOE.DE vs. YCSH.DE — Risk / Return Rank
MWOE.DE
YCSH.DE
MWOE.DE vs. YCSH.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 € Cash UCITS ETF EUR Acc (YCSH.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 | YCSH.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -15.29 | ||
| Sortino ratioReturn per unit of downside risk | -45.15 | ||
| Omega ratioGain probability vs. loss probability | 1.40 | 13.76 | -12.37 |
| Calmar ratioReturn relative to maximum drawdown | 3.49 | 87.60 | -84.10 |
| Martin ratioReturn relative to average drawdown | 13.79 | 771.43 | -757.64 |
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 | YCSH.DE | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 2.12 | 17.42 | -15.29 |
Sharpe Ratio (All Time)Calculated using the full available price history | 1.21 | 11.33 | -10.13 |
Drawdowns
MWOE.DE vs. YCSH.DE - Drawdown Comparison
The maximum MWOE.DE drawdown since its inception was -21.83%, which is greater than YCSH.DE's maximum drawdown of -0.07%. Use the drawdown chart below to compare losses from any high point for MWOE.DE and YCSH.DE.
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Drawdown Indicators
| MWOE.DE | YCSH.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -21.83% | -0.07% | -21.76% |
Max Drawdown (1Y)Largest decline over 1 year | -6.74% | -0.02% | -6.72% |
Max Drawdown (3Y)Largest decline over 3 years | -21.83% | — | — |
Current DrawdownCurrent decline from peak | -0.33% | 0.00% | -0.33% |
Average DrawdownAverage peak-to-trough decline | -3.61% | -0.00% | -3.61% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.71% | 0.00% | +1.71% |
Volatility
MWOE.DE vs. YCSH.DE - Volatility Comparison
Amundi MSCI World UCITS ETF - USD Dist (MWOE.DE) has a higher volatility of 2.63% compared to iShares € Cash UCITS ETF EUR Acc (YCSH.DE) at 0.04%. This indicates that MWOE.DE's price experiences larger fluctuations and is considered to be riskier than YCSH.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 | YCSH.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 2.63% | 0.04% | +2.59% |
Volatility (6M)Calculated over the trailing 6-month period | 7.67% | 0.09% | +7.58% |
Volatility (1Y)Calculated over the trailing 1-year period | 11.08% | 0.11% | +10.97% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 13.41% | 0.20% | +13.21% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 13.41% | 0.20% | +13.21% |
MWOE.DE vs. YCSH.DE - Expense Ratio Comparison
MWOE.DE has a 0.12% expense ratio, which is higher than YCSH.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. YCSH.DE - Dividend Comparison
MWOE.DE's dividend yield for the trailing twelve months is around 0.95%, while YCSH.DE has not paid dividends to shareholders.
| Position | TTM | 2025 | 2024 | 2023 |
|---|---|---|---|---|
MWOE.DE Amundi MSCI World UCITS ETF - USD Dist | 0.95% | 1.33% | 1.20% | 0.58% |
YCSH.DE iShares € Cash UCITS ETF EUR Acc | 0.00% | 0.00% | 0.00% | 0.00% |
Frequently Asked Questions
MWOE.DE and YCSH.DE have a correlation of -0.03, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, YCSH.DE is cheaper at 0.10% per year. The better choice depends on whether you care most about return, fees, risk, or income.
YCSH.DE is cheaper with a 0.10% expense ratio, compared with 0.12% for MWOE.DE.
MWOE.DE is categorized as Global Equities, while YCSH.DE is Money Market. They also come from different issuers: Amundi and iShares. Their fees differ too: 0.12% for MWOE.DE and 0.10% for YCSH.DE.
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