UETW.DE vs. LCWD.L
Compare and contrast key facts about UBS ETF (IE) MSCI World UCITS ETF (USD) Acc (UETW.DE) and Lyxor Core MSCI World (DR) UCITS ETF (LCWD.L).
UETW.DE and LCWD.L are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. UETW.DE is a passively managed fund by UBS that tracks the performance of the MSCI World. It was launched on Jun 7, 2019. LCWD.L is a passively managed fund by Amundi that tracks the performance of the MSCI ACWI NR USD. It was launched on Feb 28, 2018. Both UETW.DE and LCWD.L 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: UETW.DE or LCWD.L.
Key characteristics
| UETW.DE | LCWD.L | |
|---|---|---|
| YTD Return | 15.55% | 15.61% |
| 1Y Return | 20.48% | 25.27% |
| 3Y Return (Ann) | 8.89% | 7.09% |
| 5Y Return (Ann) | 11.84% | 12.24% |
| Sharpe Ratio | 2.05 | 1.98 |
| Daily Std Dev | 10.86% | 12.37% |
| Max Drawdown | -33.72% | -34.16% |
| Current Drawdown | -1.91% | -0.53% |
Correlation
The correlation between UETW.DE and LCWD.L is 0.90, 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
UETW.DE vs. LCWD.L - Performance Comparison
The year-to-date returns for both investments are quite close, with UETW.DE having a 15.55% return and LCWD.L slightly higher at 15.61%. 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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UETW.DE vs. LCWD.L - Expense Ratio Comparison
UETW.DE has a 0.10% expense ratio, which is lower than LCWD.L's 0.12% 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
UETW.DE vs. LCWD.L - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for UBS ETF (IE) MSCI World UCITS ETF (USD) Acc (UETW.DE) and Lyxor Core MSCI World (DR) UCITS ETF (LCWD.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
UETW.DE vs. LCWD.L - Dividend Comparison
Neither UETW.DE nor LCWD.L has paid dividends to shareholders.
Drawdowns
UETW.DE vs. LCWD.L - Drawdown Comparison
The maximum UETW.DE drawdown since its inception was -33.72%, roughly equal to the maximum LCWD.L drawdown of -34.16%. Use the drawdown chart below to compare losses from any high point for UETW.DE and LCWD.L. For additional features, visit the drawdowns tool.
Volatility
UETW.DE vs. LCWD.L - Volatility Comparison
UBS ETF (IE) MSCI World UCITS ETF (USD) Acc (UETW.DE) and Lyxor Core MSCI World (DR) UCITS ETF (LCWD.L) have volatilities of 3.90% and 3.82%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.