UNCRY vs. URTH
UNCRY (UniCredit SpA ADR) is a stock, while URTH (iShares MSCI World ETF) is Global Equities fund tracking the MSCI World Index (Net). Over the past 5 years, UNCRY returned 56.60%/yr vs 11.29%/yr for URTH. At a 0.48 correlation, their price movements are largely independent.
Performance
UNCRY vs. URTH - Performance Comparison
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Returns By Period
In the year-to-date period, UNCRY achieves a 11.05% return, which is significantly higher than URTH's 8.07% return.
UNCRY
- 1D
- -1.96%
- 1M
- 7.51%
- YTD
- 11.05%
- 6M
- 11.86%
- 1Y
- 46.69%
- 3Y*
- 68.46%
- 5Y*
- 56.60%
- 10Y*
- —
URTH
- 1D
- -1.45%
- 1M
- -0.88%
- YTD
- 8.07%
- 6M
- 7.24%
- 1Y
- 23.04%
- 3Y*
- 19.67%
- 5Y*
- 11.29%
- 10Y*
- 13.44%
UNCRY vs. URTH - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
UNCRY UniCredit SpA ADR | 11.05% | 118.78% | 57.92% | 103.38% | -2.49% | 71.06% | -37.52% | 30.84% | -40.77% | -1.23% |
URTH iShares MSCI World ETF | 8.07% | 21.36% | 18.66% | 23.95% | -17.97% | 22.27% | 15.78% | 28.15% | -8.56% | 0.17% |
Correlation
The correlation between UNCRY and URTH is 0.64, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.64 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.50 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.49 |
Correlation (All Time) Calculated using the full available price history since Dec 19, 2017 | 0.48 |
The correlation between UNCRY and URTH shifts across timeframes, from 0.48 (all time) to 0.64 (1 year), reflecting how their relationship changes across market environments.
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Return for Risk
UNCRY vs. URTH — Risk / Return Rank
UNCRY
URTH
UNCRY vs. URTH - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for UniCredit SpA ADR (UNCRY) and iShares MSCI World ETF (URTH). 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.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| UNCRY | URTH | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.44 | ||
| Sortino ratioReturn per unit of downside risk | -0.53 | ||
| Omega ratioGain probability vs. loss probability | 1.24 | 1.33 | -0.09 |
| Calmar ratioReturn relative to maximum drawdown | 1.72 | 2.55 | -0.83 |
| Martin ratioReturn relative to average drawdown | 4.84 | 11.29 | -6.45 |
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Drawdowns
UNCRY vs. URTH - Drawdown Comparison
The maximum UNCRY drawdown since its inception was -70.20%, which is greater than URTH's maximum drawdown of -34.01%. Use the drawdown chart below to compare losses from any high point for UNCRY and URTH.
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Drawdown Indicators
| UNCRY | URTH | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -70.20% | -34.01% | -36.19% |
Max Drawdown (1Y)Largest decline over 1 year | -27.25% | -9.06% | -18.19% |
Max Drawdown (3Y)Largest decline over 3 years | -27.25% | -16.94% | -10.31% |
Max Drawdown (5Y)Largest decline over 5 years | -50.77% | -26.05% | -24.72% |
Max Drawdown (10Y)Largest decline over 10 years | — | -34.01% | — |
Current DrawdownCurrent decline from peak | -2.71% | -2.63% | -0.08% |
Average DrawdownAverage peak-to-trough decline | -27.35% | -4.36% | -22.99% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 9.68% | 2.05% | +7.63% |
Volatility
UNCRY vs. URTH - Volatility Comparison
UniCredit SpA ADR (UNCRY) has a higher volatility of 9.25% compared to iShares MSCI World ETF (URTH) at 4.71%. This indicates that UNCRY's price experiences larger fluctuations and is considered to be riskier than URTH based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| UNCRY | URTH | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 9.25% | 4.71% | +4.54% |
Volatility (6M)Calculated over the trailing 6-month period | 27.95% | 10.26% | +17.69% |
Volatility (1Y)Calculated over the trailing 1-year period | 33.73% | 12.66% | +21.07% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 39.34% | 16.28% | +23.06% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 42.24% | 17.20% | +25.04% |
Dividends
UNCRY vs. URTH - Dividend Comparison
UNCRY's dividend yield for the trailing twelve months is around 4.04%, more than URTH's 1.42% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
UNCRY UniCredit SpA ADR | 4.04% | 4.00% | 7.31% | 3.91% | 4.01% | 0.94% | 0.00% | 1.37% | 2.29% | 0.00% | 0.00% | 0.00% |
URTH iShares MSCI World ETF | 1.42% | 1.48% | 1.47% | 1.70% | 1.68% | 1.50% | 1.52% | 2.16% | 2.30% | 1.88% | 2.15% | 2.35% |
Frequently Asked Questions
UNCRY and URTH have a correlation of 0.64, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
UNCRY has higher volatility (9.25%) compared to URTH (4.71%). In terms of maximum drawdown, UNCRY dropped -70.20% vs URTH's -34.01%.
URTH currently has the higher Sharpe Ratio (1.83 vs 1.39), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.
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