U13G.L vs. MWRD.L

Last updated Jun 5, 2026

U13G.L (Amundi US Treasury Bond 1-3Y UCITS ETF Dist) and MWRD.L (Amundi Index MSCI World) are both exchange-traded funds - U13G.L is a Government Bonds fund tracking the Bloomberg US 1-3 Year Treasury Bond Index, while MWRD.L is a Global Equities fund tracking the MSCI ACWI NR USD. Both are passively managed. At a 0.11 correlation, their price movements are largely independent. U13G.L charges 0.06%/yr vs 0.08%/yr for MWRD.L.

Performance

U13G.L vs. MWRD.L - Performance Comparison

The chart below illustrates the hypothetical performance of a £10,000 investment in Amundi US Treasury Bond 1-3Y UCITS ETF Dist (U13G.L) and Amundi Index MSCI World (MWRD.L). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

U13G.L

• 1D: 0.11%
• 1M: 1.08%
• YTD: 0.61%
• 6M: -1.48%
• 1Y: 4.39%
• 3Y*: 1.46%
• 5Y*: 2.90%
• 10Y*: —

MWRD.L

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

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

U13G.L vs. MWRD.L - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
U13G.L Amundi US Treasury Bond 1-3Y UCITS ETF Dist	0.61%	-2.01%	5.86%	-1.60%	7.66%	0.59%	-0.77%	0.61%	6.73%	-5.41%
MWRD.L Amundi Index MSCI World	0.00%	0.00%	-1.27%	17.50%	-9.18%	24.39%	11.85%	23.29%	-4.10%	6.52%

Correlation

The correlation between U13G.L and MWRD.L is 0.11, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (3Y) Calculated over the trailing 3-year period	0.08
Correlation (5Y) Calculated over the trailing 5-year period	0.04
Correlation (All Time) Calculated using the full available price history since Jun 30, 2017	0.11

Return for Risk

U13G.L vs. MWRD.L — Risk / Return Rank

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

U13G.L

U13G.L Risk / Return Rank: 24
U13G.L Sharpe Ratio Rank: 23
U13G.L Sortino Ratio Rank: 22
U13G.L Omega Ratio Rank: 22
U13G.L Calmar Ratio Rank: 27
U13G.L Martin Ratio Rank: 24

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.

U13G.L vs. MWRD.L - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Amundi US Treasury Bond 1-3Y UCITS ETF Dist (U13G.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.

	U13G.L	MWRD.L	Difference
Sharpe ratio: Return per unit of total volatility	0.78	—	—
Sortino ratio: Return per unit of downside risk	1.16	—	—
Omega ratio: Gain probability vs. loss probability	1.14	—	—
Calmar ratio: Return relative to maximum drawdown	1.27	—	—
Martin ratio: Return relative to average drawdown	3.07	—	—
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

	U13G.L	MWRD.L	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	0.78	—	—
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.40	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.21	—	—

Drawdowns

Drawdown Indicators

	U13G.L	MWRD.L	Difference
Max Drawdown Largest peak-to-trough decline	-18.93%	—	—
Max Drawdown (1Y) Largest decline over 1 year	-4.58%	—	—
Max Drawdown (3Y) Largest decline over 3 years	-8.93%	—	—
Max Drawdown (5Y) Largest decline over 5 years	-16.31%	—	—
Current Drawdown Current decline from peak	-7.67%	—	—
Average Drawdown Average peak-to-trough decline	-9.14%	—	—
Ulcer Index Depth and duration of drawdowns from previous peaks	3.60%	—	—

Volatility

Volatility by Period

	U13G.L	MWRD.L	Difference
Volatility (1M) Calculated over the trailing 1-month period	1.49%	—	—
Volatility (6M) Calculated over the trailing 6-month period	4.98%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	7.43%	—	—
Volatility (5Y) Calculated over the trailing 5-year period, annualized	9.11%	—	—
Volatility (10Y) Calculated over the trailing 10-year period, annualized	9.89%	—	—

U13G.L vs. MWRD.L - Expense Ratio Comparison

U13G.L has a 0.06% expense ratio, which is lower than MWRD.L's 0.08% 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%.

Dividends

U13G.L vs. MWRD.L - Dividend Comparison

U13G.L's dividend yield for the trailing twelve months is around 3.04%, while MWRD.L has not paid dividends to shareholders.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016
MWRD.L Amundi Index MSCI World	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
U13G.L Amundi US Treasury Bond 1-3Y UCITS ETF Dist	3.04%	3.06%	2.39%	1.79%	1.46%	1.19%	1.69%	2.19%	1.96%	1.81%	0.73%

Frequently Asked Questions

Can I hold both U13G.L and MWRD.L in my portfolio?

U13G.L and MWRD.L have a correlation of 0.11, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, U13G.L or MWRD.L?

On fees, U13G.L is cheaper at 0.06% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, U13G.L or MWRD.L?

U13G.L is cheaper with a 0.06% expense ratio, compared with 0.08% for MWRD.L.

What is the main difference between U13G.L and MWRD.L?

U13G.L is categorized as Government Bonds, while MWRD.L is Global Equities. U13G.L tracks Bloomberg US 1-3 Year Treasury Bond Index, while MWRD.L tracks MSCI ACWI NR USD. Their fees differ too: 0.06% for U13G.L and 0.08% for MWRD.L.