MWOZ.L vs. BCOM.L
MWOZ.L (Amundi Prime Global UCITS ETF Dist) and BCOM.L (L&G All Commodities UCITS ETF - USD Accumulating ETF) are both exchange-traded funds - MWOZ.L is a Global Equities fund tracking the Solactive GBS Developed Markets Large & Mid Cap Index, while BCOM.L is a Commodities fund tracking the Bloomberg Commodity Index Total Return. Both are passively managed. Over the past year, MWOZ.L returned 22.33% vs 28.48% for BCOM.L. At a correlation of -0.06, they often move in opposite directions. MWOZ.L charges 0.05%/yr vs 0.15%/yr for BCOM.L.
Performance
MWOZ.L vs. BCOM.L - Performance Comparison
Loading charts...
Different Trading Currencies
MWOZ.L is traded in GBP, while BCOM.L is traded in USD. To make them comparable, the BCOM.L values have been converted to GBP using the latest available exchange rates.
Returns By Period
In the year-to-date period, MWOZ.L achieves a 10.79% return, which is significantly lower than BCOM.L's 19.63% return.
MWOZ.L
- 1D
- 0.00%
- 1M
- 0.45%
- 6M
- 9.49%
- YTD
- 10.79%
- 1Y
- 22.33%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
BCOM.L
- 1D
- 0.00%
- 1M
- 0.63%
- 6M
- 14.57%
- YTD
- 19.63%
- 1Y
- 28.48%
- 3Y*
- 11.29%
- 5Y*
- 10.75%
- 10Y*
- —
MWOZ.L vs. BCOM.L - Yearly Performance Comparison
| 2026 (YTD) | 2025 | |
|---|---|---|
MWOZ.L Amundi Prime Global UCITS ETF Dist | 10.79% | 8.44% |
BCOM.L L&G All Commodities UCITS ETF - USD Accumulating ETF | 19.63% | 1.83% |
Correlation
The correlation between MWOZ.L and BCOM.L is -0.10, meaning they tend to move in opposite directions. This is especially valuable for risk management - when one declines, the other has historically tended to hold steady or rise.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | -0.10 |
Correlation (All Time) Calculated using the full available price history since Feb 6, 2025 | -0.06 |
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Return for Risk
MWOZ.L vs. BCOM.L — Risk / Return Rank
MWOZ.L
BCOM.L
MWOZ.L vs. BCOM.L - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Amundi Prime Global UCITS ETF Dist (MWOZ.L) and L&G All Commodities UCITS ETF - USD Accumulating ETF (BCOM.L). 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.
| MWOZ.L | BCOM.L | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.47 | ||
| Sortino ratioReturn per unit of downside risk | +0.76 | ||
| Omega ratioGain probability vs. loss probability | 1.39 | 1.28 | +0.10 |
| Calmar ratioReturn relative to maximum drawdown | 3.38 | 2.18 | +1.20 |
| Martin ratioReturn relative to average drawdown | 13.30 | 6.67 | +6.63 |
Loading charts...
Drawdowns
MWOZ.L vs. BCOM.L - Drawdown Comparison
The maximum MWOZ.L drawdown since its inception was -18.50%, smaller than the maximum BCOM.L drawdown of -27.79%. Use the drawdown chart below to compare losses from any high point for MWOZ.L and BCOM.L.
Loading charts...
Drawdown Indicators
| MWOZ.L | BCOM.L | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -18.50% | -27.79% | +9.29% |
Max Drawdown (1Y)Largest decline over 1 year | -6.63% | -12.97% | +6.34% |
Max Drawdown (3Y)Largest decline over 3 years | — | -14.40% | — |
Max Drawdown (5Y)Largest decline over 5 years | — | -27.75% | — |
Current DrawdownCurrent decline from peak | -0.44% | -9.06% | +8.62% |
Average DrawdownAverage peak-to-trough decline | -2.99% | -11.31% | +8.32% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.68% | 4.24% | -2.56% |
Volatility
MWOZ.L vs. BCOM.L - Volatility Comparison
The current volatility for Amundi Prime Global UCITS ETF Dist (MWOZ.L) is 2.77%, while L&G All Commodities UCITS ETF - USD Accumulating ETF (BCOM.L) has a volatility of 4.14%. This indicates that MWOZ.L experiences smaller price fluctuations and is considered to be less risky than BCOM.L based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| MWOZ.L | BCOM.L | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 2.77% | 4.14% | -1.37% |
Volatility (6M)Calculated over the trailing 6-month period | 8.05% | 15.60% | -7.55% |
Volatility (1Y)Calculated over the trailing 1-year period | 10.88% | 17.79% | -6.91% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 13.82% | 17.00% | -3.18% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 13.82% | 16.02% | -2.20% |
MWOZ.L vs. BCOM.L - Expense Ratio Comparison
MWOZ.L has a 0.05% expense ratio, which is lower than BCOM.L'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
MWOZ.L vs. BCOM.L - Dividend Comparison
MWOZ.L's dividend yield for the trailing twelve months is around 1.19%, while BCOM.L has not paid dividends to shareholders.
| Position | TTM | 2025 |
|---|---|---|
BCOM.L L&G All Commodities UCITS ETF - USD Accumulating ETF | 0.00% | 0.00% |
MWOZ.L Amundi Prime Global UCITS ETF Dist | 1.19% | 1.60% |
Frequently Asked Questions
MWOZ.L and BCOM.L have a correlation of -0.10, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, MWOZ.L is cheaper at 0.05% per year. The better choice depends on whether you care most about return, fees, risk, or income.
MWOZ.L is cheaper with a 0.05% expense ratio, compared with 0.15% for BCOM.L.
MWOZ.L is categorized as Global Equities, while BCOM.L is Commodities. MWOZ.L tracks Solactive GBS Developed Markets Large & Mid Cap Index, while BCOM.L tracks Bloomberg Commodity Index Total Return. They also come from different issuers: Amundi and L&G. Their fees differ too: 0.05% for MWOZ.L and 0.15% for BCOM.L.
Find the right allocation for MWOZ.L and BCOM.L
Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Optimizer