MWOZ.L vs. LGUS.L

Last updated Jul 16, 2026

MWOZ.L (Amundi Prime Global UCITS ETF Dist) and LGUS.L (L&G US Equity UCITS ETF) are both Global Equities funds - MWOZ.L tracks the Solactive GBS Developed Markets Large & Mid Cap Index while LGUS.L tracks the L&G US Equity UCITS ETF. Both are passively managed. Over the past year, MWOZ.L returned 22.33% vs 20.35% for LGUS.L. Their correlation of 0.87 suggests significant overlap in exposure. Both charge a 0.05% expense ratio.

Performance

MWOZ.L vs. LGUS.L - Performance Comparison

The chart below illustrates the hypothetical performance of a £10,000 investment in Amundi Prime Global UCITS ETF Dist (MWOZ.L) and L&G US Equity UCITS ETF (LGUS.L). The values are adjusted to include any dividend payments, if applicable.

Different Trading Currencies

MWOZ.L is traded in GBP, while LGUS.L is traded in USD. To make them comparable, the LGUS.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 higher than LGUS.L's 9.89% return.

MWOZ.L

• 1D: 0.00%
• 1M: 0.45%
• 6M: 9.49%
• YTD: 10.79%
• 1Y: 22.33%
• 3Y*: —
• 5Y*: —
• 10Y*: —

LGUS.L

• 1D: 0.00%
• 1M: -0.68%
• 6M: 9.24%
• YTD: 9.89%
• 1Y: 20.35%
• 3Y*: 19.04%
• 5Y*: 13.21%
• 10Y*: —

*Multi-year figures are annualized to reflect compound growth (CAGR)

MWOZ.L vs. LGUS.L - Yearly Performance Comparison

	2026 (YTD)	2025
MWOZ.L Amundi Prime Global UCITS ETF Dist	10.79%	8.44%
LGUS.L L&G US Equity UCITS ETF	9.89%	7.00%

Correlation

The correlation between MWOZ.L and LGUS.L is 0.87, indicating a strong positive relationship between their price movements. Combining them offers limited diversification - they tend to fall together during downturns.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.87
Correlation (All Time) Calculated using the full available price history since Feb 6, 2025	0.87

The correlation between MWOZ.L and LGUS.L has been stable across timeframes, ranging from 0.87 to 0.87 - a consistent structural relationship.

Return for Risk

MWOZ.L vs. LGUS.L — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

MWOZ.L

MWOZ.L Risk / Return Rank: 81
MWOZ.L Sharpe Ratio Rank: 81
MWOZ.L Sortino Ratio Rank: 80
MWOZ.L Omega Ratio Rank: 82
MWOZ.L Calmar Ratio Rank: 80
MWOZ.L Martin Ratio Rank: 84

LGUS.L

LGUS.L Risk / Return Rank: 69
LGUS.L Sharpe Ratio Rank: 69
LGUS.L Sortino Ratio Rank: 75
LGUS.L Omega Ratio Rank: 67
LGUS.L Calmar Ratio Rank: 64
LGUS.L Martin Ratio Rank: 69

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

MWOZ.L vs. LGUS.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 US Equity UCITS ETF (LGUS.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	LGUS.L	Difference
Sharpe ratio: Return per unit of total volatility	2.06	1.66	+0.40
Sortino ratio: Return per unit of downside risk	2.86	2.38	+0.48
Omega ratio: Gain probability vs. loss probability	1.39	1.30	+0.09
Calmar ratio: Return relative to maximum drawdown	3.38	2.77	+0.62
Martin ratio: Return relative to average drawdown	13.30	8.67	+4.63

MWOZ.L vs. LGUS.L - Sharpe Ratio Comparison

The current MWOZ.L Sharpe Ratio is 2.06, which is comparable to the LGUS.L Sharpe Ratio of 1.66. The chart below compares the historical Sharpe Ratios of MWOZ.L and LGUS.L, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Drawdowns

MWOZ.L vs. LGUS.L - Drawdown Comparison

The maximum MWOZ.L drawdown since its inception was -18.50%, smaller than the maximum LGUS.L drawdown of -26.39%. Use the drawdown chart below to compare losses from any high point for MWOZ.L and LGUS.L.

Drawdown Indicators

	MWOZ.L	LGUS.L	Difference
Max Drawdown Largest peak-to-trough decline	-18.50%	-26.39%	+7.89%
Max Drawdown (1Y) Largest decline over 1 year	-6.63%	-7.68%	+1.05%
Max Drawdown (3Y) Largest decline over 3 years	—	-21.47%	—
Max Drawdown (5Y) Largest decline over 5 years	—	-21.47%	—
Current Drawdown Current decline from peak	-0.44%	-1.24%	+0.80%
Average Drawdown Average peak-to-trough decline	-2.99%	-3.79%	+0.80%
Ulcer Index Depth and duration of drawdowns from previous peaks	1.68%	2.45%	-0.77%

Volatility

MWOZ.L vs. LGUS.L - Volatility Comparison

The current volatility for Amundi Prime Global UCITS ETF Dist (MWOZ.L) is 2.77%, while L&G US Equity UCITS ETF (LGUS.L) has a volatility of 3.08%. This indicates that MWOZ.L experiences smaller price fluctuations and is considered to be less risky than LGUS.L based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	MWOZ.L	LGUS.L	Difference
Volatility (1M) Calculated over the trailing 1-month period	2.77%	3.08%	-0.31%
Volatility (6M) Calculated over the trailing 6-month period	8.05%	9.50%	-1.45%
Volatility (1Y) Calculated over the trailing 1-year period	10.88%	12.81%	-1.93%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	13.82%	16.02%	-2.20%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	13.82%	17.59%	-3.77%

MWOZ.L vs. LGUS.L - Expense Ratio Comparison

Both MWOZ.L and LGUS.L have an expense ratio of 0.05%, making them cost-effective options compared to the broader market, where average expense ratios typically range from 0.3% to 0.9%.

Dividends

MWOZ.L vs. LGUS.L - Dividend Comparison

MWOZ.L's dividend yield for the trailing twelve months is around 1.19%, while LGUS.L has not paid dividends to shareholders.

Position	TTM	2025
LGUS.L L&G US Equity UCITS ETF	0.00%	0.00%
MWOZ.L Amundi Prime Global UCITS ETF Dist	1.19%	1.60%

Frequently Asked Questions

Can I hold both MWOZ.L and LGUS.L in my portfolio?

MWOZ.L and LGUS.L have a correlation of 0.87, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, MWOZ.L or LGUS.L?

Both ETFs have the same 0.05% expense ratio. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, MWOZ.L or LGUS.L?

MWOZ.L and LGUS.L have the same expense ratio: 0.05% per year.

What is the main difference between MWOZ.L and LGUS.L?

MWOZ.L tracks Solactive GBS Developed Markets Large & Mid Cap Index, while LGUS.L tracks L&G US Equity UCITS ETF. They also come from different issuers: Amundi and L&G.