PRAW.DE vs. UETW.DE
Compare and contrast key facts about Amundi Prime Global UCITS ETF DR (C) (PRAW.DE) and UBS ETF (IE) MSCI World UCITS ETF (USD) Acc (UETW.DE).
PRAW.DE and UETW.DE are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. PRAW.DE is a passively managed fund by Amundi that tracks the performance of the Solactive GBS Developed Markets Large & Mid Cap. It was launched on Jan 30, 2019. UETW.DE is a passively managed fund by UBS that tracks the performance of the MSCI World. It was launched on Jun 7, 2019. Both PRAW.DE and UETW.DE are passive ETFs, meaning that they are not actively managed but aim to replicate the performance of the underlying index as closely as possible.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: PRAW.DE or UETW.DE.
Key characteristics
PRAW.DE | UETW.DE | |
---|---|---|
YTD Return | 15.05% | 15.55% |
1Y Return | 20.25% | 20.48% |
3Y Return (Ann) | 8.85% | 8.89% |
Sharpe Ratio | 1.92 | 2.05 |
Daily Std Dev | 11.52% | 10.86% |
Max Drawdown | -33.56% | -33.72% |
Current Drawdown | -2.34% | -1.91% |
Correlation
The correlation between PRAW.DE and UETW.DE is 0.93, 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
PRAW.DE vs. UETW.DE - Performance Comparison
The year-to-date returns for both investments are quite close, with PRAW.DE having a 15.05% return and UETW.DE slightly higher at 15.55%. 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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PRAW.DE vs. UETW.DE - Expense Ratio Comparison
PRAW.DE has a 0.05% expense ratio, which is lower than UETW.DE's 0.10% expense ratio. Despite the difference, both funds are considered low-cost compared to the broader market, where average expense ratios usually range from 0.3% to 0.9%.
Risk-Adjusted Performance
PRAW.DE vs. UETW.DE - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Amundi Prime Global UCITS ETF DR (C) (PRAW.DE) and UBS ETF (IE) MSCI World UCITS ETF (USD) Acc (UETW.DE). 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
PRAW.DE vs. UETW.DE - Dividend Comparison
Neither PRAW.DE nor UETW.DE has paid dividends to shareholders.
Drawdowns
PRAW.DE vs. UETW.DE - Drawdown Comparison
The maximum PRAW.DE drawdown since its inception was -33.56%, roughly equal to the maximum UETW.DE drawdown of -33.72%. Use the drawdown chart below to compare losses from any high point for PRAW.DE and UETW.DE. For additional features, visit the drawdowns tool.
Volatility
PRAW.DE vs. UETW.DE - Volatility Comparison
Amundi Prime Global UCITS ETF DR (C) (PRAW.DE) has a higher volatility of 4.26% compared to UBS ETF (IE) MSCI World UCITS ETF (USD) Acc (UETW.DE) at 3.90%. This indicates that PRAW.DE's price experiences larger fluctuations and is considered to be riskier than UETW.DE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.