SNAW.DE vs. MVEW.DE
SNAW.DE (iShares MSCI World ESG Screened UCITS ETF USD (Acc)) and MVEW.DE (iShares Edge MSCI World Minimum Volatility ESG UCITS ETF (Acc)) are both Global Equities funds from iShares - SNAW.DE tracks the MSCI World ESG Screened while MVEW.DE tracks the MSCI ACWI NR USD. Both are passively managed. Over the past 5 years, SNAW.DE returned 13.25%/yr vs 6.47%/yr for MVEW.DE. A 0.74 correlation means they provide meaningful diversification when combined. SNAW.DE charges 0.20%/yr vs 0.30%/yr for MVEW.DE.
Performance
SNAW.DE vs. MVEW.DE - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, SNAW.DE achieves a 10.75% return, which is significantly higher than MVEW.DE's 1.17% return.
SNAW.DE
- 1D
- 0.02%
- 1M
- 3.93%
- YTD
- 10.75%
- 6M
- 10.75%
- 1Y
- 24.24%
- 3Y*
- 18.23%
- 5Y*
- 13.25%
- 10Y*
- —
MVEW.DE
- 1D
- 0.07%
- 1M
- 2.04%
- YTD
- 1.17%
- 6M
- 1.03%
- 1Y
- 0.94%
- 3Y*
- 6.53%
- 5Y*
- 6.47%
- 10Y*
- —
SNAW.DE vs. MVEW.DE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | |
|---|---|---|---|---|---|---|---|
SNAW.DE iShares MSCI World ESG Screened UCITS ETF USD (Acc) | 10.75% | 7.91% | 27.45% | 22.43% | -15.24% | 33.21% | 21.35% |
MVEW.DE iShares Edge MSCI World Minimum Volatility ESG UCITS ETF (Acc) | 1.17% | -0.99% | 17.25% | 6.27% | -5.98% | 26.26% | 1.55% |
Correlation
The correlation between SNAW.DE and MVEW.DE is 0.39, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.39 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.59 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.70 |
Correlation (All Time) Calculated using the full available price history since Apr 24, 2020 | 0.74 |
Over the past year, the correlation between SNAW.DE and MVEW.DE has dropped to 0.39 - well below their long-term average of 0.74, suggesting their price drivers have been diverging.
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Return for Risk
SNAW.DE vs. MVEW.DE — Risk / Return Rank
SNAW.DE
MVEW.DE
SNAW.DE vs. MVEW.DE - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for iShares MSCI World ESG Screened UCITS ETF USD (Acc) (SNAW.DE) and iShares Edge MSCI World Minimum Volatility ESG UCITS ETF (Acc) (MVEW.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.
| SNAW.DE | MVEW.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +2.00 | ||
| Sortino ratioReturn per unit of downside risk | +2.74 | ||
| Omega ratioGain probability vs. loss probability | 1.38 | 1.02 | +0.37 |
| Calmar ratioReturn relative to maximum drawdown | 3.15 | 0.10 | +3.06 |
| Martin ratioReturn relative to average drawdown | 12.49 | 0.20 | +12.28 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
Loading charts...
Sharpe Ratios by Period
| SNAW.DE | MVEW.DE | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 2.05 | 0.06 | +2.00 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.90 | 0.62 | +0.28 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.69 | 0.63 | +0.06 |
Drawdowns
SNAW.DE vs. MVEW.DE - Drawdown Comparison
The maximum SNAW.DE drawdown since its inception was -33.26%, which is greater than MVEW.DE's maximum drawdown of -13.19%. Use the drawdown chart below to compare losses from any high point for SNAW.DE and MVEW.DE.
Loading charts...
Drawdown Indicators
| SNAW.DE | MVEW.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -33.26% | -13.19% | -20.07% |
Max Drawdown (1Y)Largest decline over 1 year | -7.69% | -4.68% | -3.01% |
Max Drawdown (3Y)Largest decline over 3 years | -22.37% | -13.19% | -9.18% |
Max Drawdown (5Y)Largest decline over 5 years | -22.37% | -13.19% | -9.18% |
Current DrawdownCurrent decline from peak | -0.36% | -5.75% | +5.39% |
Average DrawdownAverage peak-to-trough decline | -5.44% | -3.83% | -1.61% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.95% | 2.27% | -0.32% |
Volatility
SNAW.DE vs. MVEW.DE - Volatility Comparison
iShares MSCI World ESG Screened UCITS ETF USD (Acc) (SNAW.DE) has a higher volatility of 2.85% compared to iShares Edge MSCI World Minimum Volatility ESG UCITS ETF (Acc) (MVEW.DE) at 2.58%. This indicates that SNAW.DE's price experiences larger fluctuations and is considered to be riskier than MVEW.DE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| SNAW.DE | MVEW.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 2.85% | 2.58% | +0.27% |
Volatility (6M)Calculated over the trailing 6-month period | 8.34% | 5.42% | +2.92% |
Volatility (1Y)Calculated over the trailing 1-year period | 11.81% | 7.97% | +3.84% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 14.57% | 10.25% | +4.32% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 17.16% | 10.82% | +6.34% |
SNAW.DE vs. MVEW.DE - Expense Ratio Comparison
SNAW.DE has a 0.20% expense ratio, which is lower than MVEW.DE's 0.30% expense ratio.
Dividends
SNAW.DE vs. MVEW.DE - Dividend Comparison
Neither SNAW.DE nor MVEW.DE has paid dividends to shareholders.
Frequently Asked Questions
SNAW.DE and MVEW.DE have a correlation of 0.39, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, SNAW.DE is cheaper at 0.20% per year. The better choice depends on whether you care most about return, fees, risk, or income.
SNAW.DE is cheaper with a 0.20% expense ratio, compared with 0.30% for MVEW.DE.
SNAW.DE tracks MSCI World ESG Screened, while MVEW.DE tracks MSCI ACWI NR USD. Their fees differ too: 0.20% for SNAW.DE and 0.30% for MVEW.DE.
Find the right allocation for SNAW.DE and MVEW.DE
Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Optimizer