MWRD.L vs. ^GDAXI
Compare and contrast key facts about Amundi Index MSCI World (MWRD.L) and DAX Performance Index (^GDAXI).
MWRD.L is a passively managed fund by Amundi that tracks the performance of the MSCI ACWI NR USD. It was launched on Nov 11, 2016.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: MWRD.L or ^GDAXI.
Key characteristics
| MWRD.L | ^GDAXI |
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Correlation
The correlation between MWRD.L and ^GDAXI is 0.74, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.
Performance
MWRD.L vs. ^GDAXI - Performance Comparison
The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
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Risk-Adjusted Performance
MWRD.L vs. ^GDAXI - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Amundi Index MSCI World (MWRD.L) and DAX Performance Index (^GDAXI). 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.
Drawdowns
MWRD.L vs. ^GDAXI - Drawdown Comparison
Volatility
MWRD.L vs. ^GDAXI - Volatility Comparison
The current volatility for Amundi Index MSCI World (MWRD.L) is 0.00%, while DAX Performance Index (^GDAXI) has a volatility of 3.69%. This indicates that MWRD.L experiences smaller price fluctuations and is considered to be less risky than ^GDAXI based on this measure. The chart below showcases a comparison of their rolling one-month volatility.