PP vs. CW8U.L
Compare and contrast key facts about The Meet Kevin Pricing Power ETF (PP) and Amundi MSCI World UCITS USD (CW8U.L).
PP and CW8U.L are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. PP is an actively managed fund by Meet Kevin. It was launched on Nov 16, 2022. CW8U.L is a passively managed fund by Amundi that tracks the performance of the MSCI ACWI NR USD. It was launched on Apr 18, 2018.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: PP or CW8U.L.
Correlation
The correlation between PP and CW8U.L is 0.52, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.
Performance
PP vs. CW8U.L - Performance Comparison
Key characteristics
PP:
-0.07
CW8U.L:
1.55
PP:
0.05
CW8U.L:
2.14
PP:
1.01
CW8U.L:
1.28
PP:
-0.06
CW8U.L:
2.35
PP:
-0.12
CW8U.L:
9.04
PP:
11.21%
CW8U.L:
2.01%
PP:
20.20%
CW8U.L:
11.83%
PP:
-29.33%
CW8U.L:
-34.10%
PP:
-16.15%
CW8U.L:
-0.73%
Returns By Period
In the year-to-date period, PP achieves a 4.40% return, which is significantly higher than CW8U.L's 3.89% return.
PP
4.40%
1.26%
-7.22%
2.30%
N/A
N/A
CW8U.L
3.89%
1.88%
7.43%
20.17%
11.69%
10.01%
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PP vs. CW8U.L - Expense Ratio Comparison
PP has a 0.76% expense ratio, which is higher than CW8U.L's 0.28% expense ratio.
Risk-Adjusted Performance
PP vs. CW8U.L — Risk-Adjusted Performance Rank
PP
CW8U.L
PP vs. CW8U.L - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for The Meet Kevin Pricing Power ETF (PP) and Amundi MSCI World UCITS USD (CW8U.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.
Dividends
PP vs. CW8U.L - Dividend Comparison
PP's dividend yield for the trailing twelve months is around 0.73%, while CW8U.L has not paid dividends to shareholders.
| TTM | 2024 | 2023 | |
|---|---|---|---|
PP The Meet Kevin Pricing Power ETF | 0.73% | 0.77% | 0.02% |
CW8U.L Amundi MSCI World UCITS USD | 0.00% | 0.00% | 0.00% |
Drawdowns
PP vs. CW8U.L - Drawdown Comparison
The maximum PP drawdown since its inception was -29.33%, smaller than the maximum CW8U.L drawdown of -34.10%. Use the drawdown chart below to compare losses from any high point for PP and CW8U.L. For additional features, visit the drawdowns tool.
Volatility
PP vs. CW8U.L - Volatility Comparison
The Meet Kevin Pricing Power ETF (PP) has a higher volatility of 4.95% compared to Amundi MSCI World UCITS USD (CW8U.L) at 3.59%. This indicates that PP's price experiences larger fluctuations and is considered to be riskier than CW8U.L based on this measure. The chart below showcases a comparison of their rolling one-month volatility.