UEEH.DE vs. FWEA.DE
UEEH.DE (iShares Edge MSCI World Minimum Volatility UCITS ETF USD Dist) and FWEA.DE (Invesco FTSE All-World UCITS ETF) are both Global Equities funds - UEEH.DE tracks the MSCI World Minimum Volatility while FWEA.DE tracks the FTSE All-World Index. Both are passively managed. Over the past year, UEEH.DE returned 0.02% vs 25.98% for FWEA.DE. At a 0.30 correlation, their price movements are largely independent. UEEH.DE charges 0.30%/yr vs 0.20%/yr for FWEA.DE.
Performance
UEEH.DE vs. FWEA.DE - Performance Comparison
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Returns By Period
In the year-to-date period, UEEH.DE achieves a 1.54% return, which is significantly lower than FWEA.DE's 10.64% return.
UEEH.DE
- 1D
- -0.04%
- 1M
- 1.86%
- YTD
- 1.54%
- 6M
- 1.53%
- 1Y
- 0.02%
- 3Y*
- 6.19%
- 5Y*
- 5.98%
- 10Y*
- —
FWEA.DE
- 1D
- -0.24%
- 1M
- 2.84%
- YTD
- 10.64%
- 6M
- 11.58%
- 1Y
- 25.98%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
UEEH.DE vs. FWEA.DE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | |
|---|---|---|---|---|
UEEH.DE iShares Edge MSCI World Minimum Volatility UCITS ETF USD Dist | 1.54% | -1.55% | 17.56% | 3.87% |
FWEA.DE Invesco FTSE All-World UCITS ETF | 10.64% | 17.53% | 19.21% | 8.62% |
Correlation
The correlation between UEEH.DE and FWEA.DE is 0.15, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.15 |
Correlation (All Time) Calculated using the full available price history since Jun 27, 2023 | 0.30 |
The correlation between UEEH.DE and FWEA.DE shifts across timeframes, from 0.15 (1 year) to 0.30 (all time), reflecting how their relationship changes across market environments.
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Return for Risk
UEEH.DE vs. FWEA.DE — Risk / Return Rank
UEEH.DE
FWEA.DE
UEEH.DE vs. FWEA.DE - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for iShares Edge MSCI World Minimum Volatility UCITS ETF USD Dist (UEEH.DE) and Invesco FTSE All-World UCITS ETF (FWEA.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.
| UEEH.DE | FWEA.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -2.36 | ||
| Sortino ratioReturn per unit of downside risk | -3.42 | ||
| Omega ratioGain probability vs. loss probability | 1.00 | 1.43 | -0.43 |
| Calmar ratioReturn relative to maximum drawdown | -0.10 | 3.18 | -3.27 |
| Martin ratioReturn relative to average drawdown | -0.22 | 13.52 | -13.74 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| UEEH.DE | FWEA.DE | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | -0.07 | 2.30 | -2.36 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.59 | — | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.65 | 1.51 | -0.87 |
Drawdowns
UEEH.DE vs. FWEA.DE - Drawdown Comparison
The maximum UEEH.DE drawdown since its inception was -12.82%, smaller than the maximum FWEA.DE drawdown of -17.48%. Use the drawdown chart below to compare losses from any high point for UEEH.DE and FWEA.DE.
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Drawdown Indicators
| UEEH.DE | FWEA.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -12.82% | -17.48% | +4.66% |
Max Drawdown (1Y)Largest decline over 1 year | -5.49% | -8.28% | +2.79% |
Max Drawdown (3Y)Largest decline over 3 years | -12.82% | — | — |
Max Drawdown (5Y)Largest decline over 5 years | -12.82% | — | — |
Current DrawdownCurrent decline from peak | -6.93% | -0.81% | -6.12% |
Average DrawdownAverage peak-to-trough decline | -4.41% | -1.86% | -2.55% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.52% | 1.95% | +0.57% |
Volatility
UEEH.DE vs. FWEA.DE - Volatility Comparison
The current volatility for iShares Edge MSCI World Minimum Volatility UCITS ETF USD Dist (UEEH.DE) is 2.62%, while Invesco FTSE All-World UCITS ETF (FWEA.DE) has a volatility of 3.36%. This indicates that UEEH.DE experiences smaller price fluctuations and is considered to be less risky than FWEA.DE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| UEEH.DE | FWEA.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 2.62% | 3.36% | -0.74% |
Volatility (6M)Calculated over the trailing 6-month period | 5.56% | 8.93% | -3.37% |
Volatility (1Y)Calculated over the trailing 1-year period | 7.88% | 11.45% | -3.57% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 10.11% | 12.72% | -2.61% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 10.26% | 12.72% | -2.46% |
UEEH.DE vs. FWEA.DE - Expense Ratio Comparison
UEEH.DE has a 0.30% expense ratio, which is higher than FWEA.DE's 0.20% expense ratio.
Dividends
UEEH.DE vs. FWEA.DE - Dividend Comparison
UEEH.DE's dividend yield for the trailing twelve months is around 1.45%, while FWEA.DE has not paid dividends to shareholders.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|---|
FWEA.DE Invesco FTSE All-World UCITS ETF | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
UEEH.DE iShares Edge MSCI World Minimum Volatility UCITS ETF USD Dist | 1.45% | 1.49% | 1.59% | 1.76% | 1.70% | 1.37% |
Frequently Asked Questions
UEEH.DE and FWEA.DE have a correlation of 0.15, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, FWEA.DE is cheaper at 0.20% per year. The better choice depends on whether you care most about return, fees, risk, or income.
FWEA.DE is cheaper with a 0.20% expense ratio, compared with 0.30% for UEEH.DE.
UEEH.DE tracks MSCI World Minimum Volatility, while FWEA.DE tracks FTSE All-World Index. They also come from different issuers: iShares and Invesco. Their fees differ too: 0.30% for UEEH.DE and 0.20% for FWEA.DE.
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