MWOP.DE vs. CBUH.DE
MWOP.DE (Amundi MSCI World ESG Leaders UCITS ETF Acc) and CBUH.DE (iShares MSCI World Momentum Factor ESG UCITS ETF USD Acc) are both exchange-traded funds - MWOP.DE is a Global Equities fund tracking the MSCI World ESG Leaders Select 5% Issuer Capped, while CBUH.DE is a Momentum fund tracking the MSCI World Momentum ESG Reduced Carbon Target Select. Both are passively managed. Over the past 3 years, MWOP.DE returned 17.27%/yr vs 22.30%/yr for CBUH.DE. Their correlation of 0.88 suggests significant overlap in exposure. MWOP.DE charges 0.18%/yr vs 0.30%/yr for CBUH.DE.
Performance
MWOP.DE vs. CBUH.DE - Performance Comparison
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Returns By Period
In the year-to-date period, MWOP.DE achieves a 11.41% return, which is significantly lower than CBUH.DE's 22.41% return.
MWOP.DE
- 1D
- 0.31%
- 1M
- 4.70%
- YTD
- 11.41%
- 6M
- 11.86%
- 1Y
- 25.23%
- 3Y*
- 17.27%
- 5Y*
- 12.63%
- 10Y*
- —
CBUH.DE
- 1D
- -0.51%
- 1M
- 3.26%
- YTD
- 22.41%
- 6M
- 23.42%
- 1Y
- 31.50%
- 3Y*
- 22.30%
- 5Y*
- —
- 10Y*
- —
MWOP.DE vs. CBUH.DE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|---|---|
MWOP.DE Amundi MSCI World ESG Leaders UCITS ETF Acc | 11.41% | 7.50% | 23.56% | 21.34% | -15.58% | 4.48% |
CBUH.DE iShares MSCI World Momentum Factor ESG UCITS ETF USD Acc | 22.41% | 7.97% | 28.91% | 13.46% | -17.00% | 0.41% |
Correlation
The correlation between MWOP.DE and CBUH.DE is 0.78, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.78 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.84 |
Correlation (All Time) Calculated using the full available price history since Nov 1, 2021 | 0.88 |
The correlation between MWOP.DE and CBUH.DE has been stable across timeframes, ranging from 0.78 to 0.88 - a consistent structural relationship.
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Return for Risk
MWOP.DE vs. CBUH.DE — Risk / Return Rank
MWOP.DE
CBUH.DE
MWOP.DE vs. CBUH.DE - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Amundi MSCI World ESG Leaders UCITS ETF Acc (MWOP.DE) and iShares MSCI World Momentum Factor ESG UCITS ETF USD Acc (CBUH.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.
| MWOP.DE | CBUH.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.05 | ||
| Sortino ratioReturn per unit of downside risk | -0.07 | ||
| Omega ratioGain probability vs. loss probability | 1.37 | 1.36 | +0.01 |
| Calmar ratioReturn relative to maximum drawdown | 2.71 | 3.38 | -0.67 |
| Martin ratioReturn relative to average drawdown | 10.38 | 13.99 | -3.61 |
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
| MWOP.DE | CBUH.DE | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 2.04 | 1.99 | +0.05 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.85 | — | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.99 | 0.64 | +0.35 |
Drawdowns
MWOP.DE vs. CBUH.DE - Drawdown Comparison
The maximum MWOP.DE drawdown since its inception was -21.85%, roughly equal to the maximum CBUH.DE drawdown of -22.61%. Use the drawdown chart below to compare losses from any high point for MWOP.DE and CBUH.DE.
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Drawdown Indicators
| MWOP.DE | CBUH.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -21.85% | -22.61% | +0.76% |
Max Drawdown (1Y)Largest decline over 1 year | -9.30% | -9.39% | +0.09% |
Max Drawdown (3Y)Largest decline over 3 years | -21.85% | -22.61% | +0.76% |
Max Drawdown (5Y)Largest decline over 5 years | -21.85% | — | — |
Current DrawdownCurrent decline from peak | 0.00% | -0.51% | +0.51% |
Average DrawdownAverage peak-to-trough decline | -4.44% | -8.55% | +4.11% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.43% | 2.27% | +0.16% |
Volatility
MWOP.DE vs. CBUH.DE - Volatility Comparison
The current volatility for Amundi MSCI World ESG Leaders UCITS ETF Acc (MWOP.DE) is 3.06%, while iShares MSCI World Momentum Factor ESG UCITS ETF USD Acc (CBUH.DE) has a volatility of 4.80%. This indicates that MWOP.DE experiences smaller price fluctuations and is considered to be less risky than CBUH.DE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| MWOP.DE | CBUH.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 3.06% | 4.80% | -1.74% |
Volatility (6M)Calculated over the trailing 6-month period | 8.98% | 13.32% | -4.34% |
Volatility (1Y)Calculated over the trailing 1-year period | 12.32% | 15.96% | -3.64% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 14.62% | 16.91% | -2.29% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 14.74% | 16.91% | -2.17% |
MWOP.DE vs. CBUH.DE - Expense Ratio Comparison
MWOP.DE has a 0.18% expense ratio, which is lower than CBUH.DE's 0.30% expense ratio.
Dividends
MWOP.DE vs. CBUH.DE - Dividend Comparison
Neither MWOP.DE nor CBUH.DE has paid dividends to shareholders.
Frequently Asked Questions
MWOP.DE and CBUH.DE have a correlation of 0.78, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, MWOP.DE is cheaper at 0.18% per year. The better choice depends on whether you care most about return, fees, risk, or income.
MWOP.DE is cheaper with a 0.18% expense ratio, compared with 0.30% for CBUH.DE.
MWOP.DE is categorized as Global Equities, while CBUH.DE is Momentum. MWOP.DE tracks MSCI World ESG Leaders Select 5% Issuer Capped, while CBUH.DE tracks MSCI World Momentum ESG Reduced Carbon Target Select. They also come from different issuers: Amundi and iShares. Their fees differ too: 0.18% for MWOP.DE and 0.30% for CBUH.DE.
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