PAXJ.L vs. MWRD.L

Last updated Jun 5, 2026

PAXJ.L (Lyxor MSCI Pacific Ex Japan UCITS ETF) and MWRD.L (Amundi Index MSCI World) are both exchange-traded funds - PAXJ.L is a Asia Pacific Equities fund tracking the MSCI Pacific Ex Japan NR USD, while MWRD.L is a Global Equities fund tracking the MSCI ACWI NR USD. Both are passively managed. PAXJ.L charges 0.12%/yr vs 0.08%/yr for MWRD.L.

Performance

PAXJ.L vs. MWRD.L - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Lyxor MSCI Pacific Ex Japan UCITS ETF (PAXJ.L) and Amundi Index MSCI World (MWRD.L). The values are adjusted to include any dividend payments, if applicable.

Different Trading Currencies

PAXJ.L is traded in USD, while MWRD.L is traded in GBp. To make them comparable, the MWRD.L values have been converted to USD using the latest available exchange rates.

Returns By Period

PAXJ.L

• 1D: -0.86%
• 1M: -0.50%
• YTD: 8.70%
• 6M: 12.99%
• 1Y: 19.16%
• 3Y*: —
• 5Y*: —
• 10Y*: —

MWRD.L

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

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

PAXJ.L vs. MWRD.L - Yearly Performance Comparison

	2026 (YTD)	2025	2024
PAXJ.L Lyxor MSCI Pacific Ex Japan UCITS ETF	8.70%	20.68%	6.36%
MWRD.L Amundi Index MSCI World	0.00%	0.00%	0.00%

PAXJ.L vs. MWRD.L - Sectors Allocation Comparison

Sectors	PAXJ.L	MWRD.L
Financial Services	46.1%	14.7%
Basic Materials	14.6%	3.8%
Industrials	8.5%	10.6%
Real Estate	7.8%	2.4%
Consumer Cyclical	6.0%	10.5%
Healthcare	3.7%	12.4%
Utilities	3.6%	2.4%
Consumer Defensive	3.0%	6.7%
Energy	2.9%	4.4%
Communication Services	2.7%	7.5%
Technology	1.1%	24.7%

Return for Risk

PAXJ.L vs. MWRD.L — Risk / Return Rank

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

PAXJ.L

PAXJ.L Risk / Return Rank: 65
PAXJ.L Sharpe Ratio Rank: 60
PAXJ.L Sortino Ratio Rank: 66
PAXJ.L Omega Ratio Rank: 58
PAXJ.L Calmar Ratio Rank: 79
PAXJ.L Martin Ratio Rank: 63

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.

PAXJ.L vs. MWRD.L - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Lyxor MSCI Pacific Ex Japan UCITS ETF (PAXJ.L) and Amundi Index MSCI World (MWRD.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.

	PAXJ.L	MWRD.L	Difference
Sharpe ratio: Return per unit of total volatility	1.99	—	—
Sortino ratio: Return per unit of downside risk	3.01	—	—
Omega ratio: Gain probability vs. loss probability	1.35	—	—
Calmar ratio: Return relative to maximum drawdown	3.98	—	—
Martin ratio: Return relative to average drawdown	11.17	—	—
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

Sharpe Ratios by Period

	PAXJ.L	MWRD.L	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	1.99	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	1.93	—	—

Drawdowns

Drawdown Indicators

	PAXJ.L	MWRD.L	Difference
Max Drawdown Largest peak-to-trough decline	-17.04%	—	—
Max Drawdown (1Y) Largest decline over 1 year	-8.61%	—	—
Current Drawdown Current decline from peak	-3.31%	—	—
Average Drawdown Average peak-to-trough decline	-2.57%	—	—

Volatility

Volatility by Period

	PAXJ.L	MWRD.L	Difference
Volatility (1M) Calculated over the trailing 1-month period	4.50%	—	—
Volatility (6M) Calculated over the trailing 6-month period	11.52%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	17.28%	—	—
Volatility (5Y) Calculated over the trailing 5-year period, annualized	27.08%	—	—
Volatility (10Y) Calculated over the trailing 10-year period, annualized	27.08%	—	—

PAXJ.L vs. MWRD.L - Expense Ratio Comparison

PAXJ.L has a 0.12% expense ratio, which is higher than MWRD.L's 0.08% 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

PAXJ.L vs. MWRD.L - Dividend Comparison

PAXJ.L's dividend yield for the trailing twelve months is around 3.08%, while MWRD.L has not paid dividends to shareholders.

Position	TTM	2025	2024
MWRD.L Amundi Index MSCI World	0.00%	0.00%	0.00%
PAXJ.L Lyxor MSCI Pacific Ex Japan UCITS ETF	3.08%	3.34%	5.70%

Frequently Asked Questions

Which ETF is better, PAXJ.L or MWRD.L?

On fees, MWRD.L is cheaper at 0.08% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, PAXJ.L or MWRD.L?

MWRD.L is cheaper with a 0.08% expense ratio, compared with 0.12% for PAXJ.L.

What is the main difference between PAXJ.L and MWRD.L?

PAXJ.L is categorized as Asia Pacific Equities, while MWRD.L is Global Equities. PAXJ.L tracks MSCI Pacific Ex Japan NR USD, while MWRD.L tracks MSCI ACWI NR USD. Their fees differ too: 0.12% for PAXJ.L and 0.08% for MWRD.L.