MWRL.L vs. CSH2.L

Last updated Jun 7, 2026

MWRL.L (Amundi Core MSCI World UCITS ETF Accumulating) and CSH2.L (Lyxor Smart Overnight Return UCITS ETF C-GBP) are both exchange-traded funds - MWRL.L is a Global Equities fund tracking the MSCI World, while CSH2.L is a Money Market fund actively managed by Amundi. MWRL.L is passively managed, while CSH2.L is actively managed. MWRL.L charges 0.12%/yr vs 0.07%/yr for CSH2.L.

Performance

MWRL.L vs. CSH2.L - Performance Comparison

The chart below illustrates the hypothetical performance of a £10,000 investment in Amundi Core MSCI World UCITS ETF Accumulating (MWRL.L) and Lyxor Smart Overnight Return UCITS ETF C-GBP (CSH2.L). The values are adjusted to include any dividend payments, if applicable.

Different Trading Currencies

MWRL.L is traded in GBP, while CSH2.L is traded in GBp. To make them comparable, the CSH2.L values have been converted to GBP using the latest available exchange rates.

Returns By Period

MWRL.L

• 1D: —
• 1M: —
• YTD: —
• 6M: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

CSH2.L

• 1D: 0.01%
• 1M: 0.31%
• YTD: 1.75%
• 6M: 2.07%
• 1Y: 4.30%
• 3Y*: 5.00%
• 5Y*: 3.66%
• 10Y*: 2.08%

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

Return for Risk

MWRL.L vs. CSH2.L — Risk / Return Rank

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

CSH2.L

CSH2.L Risk / Return Rank: 99
CSH2.L Sharpe Ratio Rank: 99
CSH2.L Sortino Ratio Rank: 99
CSH2.L Omega Ratio Rank: 99
CSH2.L Calmar Ratio Rank: 99
CSH2.L Martin Ratio Rank: 99

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.

MWRL.L vs. CSH2.L - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Amundi Core MSCI World UCITS ETF Accumulating (MWRL.L) and Lyxor Smart Overnight Return UCITS ETF C-GBP (CSH2.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.

Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.

Sharpe Ratios by Period

	MWRL.L	CSH2.L	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	—	8.06	—
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	—	6.50	—
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	—	4.68	—
Sharpe Ratio (All Time) Calculated using the full available price history	—	4.62	—

Drawdowns

Drawdown Indicators

	MWRL.L	CSH2.L	Difference
Max Drawdown Largest peak-to-trough decline	—	-0.37%	—
Max Drawdown (1Y) Largest decline over 1 year	—	-0.16%	—
Max Drawdown (3Y) Largest decline over 3 years	—	-0.29%	—
Max Drawdown (5Y) Largest decline over 5 years	—	-0.29%	—
Max Drawdown (10Y) Largest decline over 10 years	—	-0.37%	—
Current Drawdown Current decline from peak	—	0.00%	—
Average Drawdown Average peak-to-trough decline	—	-0.00%	—
Ulcer Index Depth and duration of drawdowns from previous peaks	—	0.03%	—

Volatility

Volatility by Period

	MWRL.L	CSH2.L	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	0.08%	—
Volatility (6M) Calculated over the trailing 6-month period	—	0.25%	—
Volatility (1Y) Calculated over the trailing 1-year period	—	0.54%	—
Volatility (5Y) Calculated over the trailing 5-year period, annualized	—	0.56%	—
Volatility (10Y) Calculated over the trailing 10-year period, annualized	—	0.44%	—

MWRL.L vs. CSH2.L - Expense Ratio Comparison

MWRL.L has a 0.12% expense ratio, which is higher than CSH2.L's 0.07% 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

MWRL.L vs. CSH2.L - Dividend Comparison

Neither MWRL.L nor CSH2.L has paid dividends to shareholders.

Tickers have no history of dividend payments

Frequently Asked Questions

Which ETF is better, MWRL.L or CSH2.L?

On fees, CSH2.L is cheaper at 0.07% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, MWRL.L or CSH2.L?

CSH2.L is cheaper with a 0.07% expense ratio, compared with 0.12% for MWRL.L.

What is the main difference between MWRL.L and CSH2.L?

MWRL.L is categorized as Global Equities, while CSH2.L is Money Market. Their fees differ too: 0.12% for MWRL.L and 0.07% for CSH2.L.