USVL.L vs. MWOZ.L
USVL.L (State Street SPDR MSCI USA Value UCITS ETF USD Acc) and MWOZ.L (Amundi Prime Global UCITS ETF Dist) are both Global Equities funds - USVL.L tracks the State Street SPDR MSCI USA Value UCITS ETF USD Acc while MWOZ.L tracks the Solactive GBS Developed Markets Large & Mid Cap Index. Both are passively managed. Over the past year, USVL.L returned 48.22% vs 22.34% for MWOZ.L. A 0.71 correlation means they provide meaningful diversification when combined. USVL.L charges 0.20%/yr vs 0.05%/yr for MWOZ.L.
Performance
USVL.L vs. MWOZ.L - Performance Comparison
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Different Trading Currencies
USVL.L is traded in USD, while MWOZ.L is traded in GBP. To make them comparable, the MWOZ.L values have been converted to USD using the latest available exchange rates.
Returns By Period
In the year-to-date period, USVL.L achieves a 23.80% return, which is significantly higher than MWOZ.L's 10.18% return.
USVL.L
- 1D
- -0.23%
- 1M
- -3.95%
- 6M
- 20.72%
- YTD
- 23.80%
- 1Y
- 48.22%
- 3Y*
- 22.39%
- 5Y*
- 12.09%
- 10Y*
- 12.08%
MWOZ.L
- 1D
- 0.00%
- 1M
- 0.21%
- 6M
- 9.01%
- YTD
- 10.18%
- 1Y
- 22.34%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
USVL.L vs. MWOZ.L - Yearly Performance Comparison
| 2026 (YTD) | 2025 | |
|---|---|---|
USVL.L State Street SPDR MSCI USA Value UCITS ETF USD Acc | 23.80% | 23.53% |
MWOZ.L Amundi Prime Global UCITS ETF Dist | 10.18% | 17.37% |
Correlation
The correlation between USVL.L and MWOZ.L is 0.69, 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 | 0.69 |
Correlation (All Time) Calculated using the full available price history since Feb 6, 2025 | 0.71 |
The correlation between USVL.L and MWOZ.L has been stable across timeframes, ranging from 0.69 to 0.71 - a consistent structural relationship.
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Return for Risk
USVL.L vs. MWOZ.L — Risk / Return Rank
USVL.L
MWOZ.L
USVL.L vs. MWOZ.L - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for State Street SPDR MSCI USA Value UCITS ETF USD Acc (USVL.L) and Amundi Prime Global UCITS ETF Dist (MWOZ.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.
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.
| USVL.L | MWOZ.L | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +1.40 | ||
| Sortino ratioReturn per unit of downside risk | +1.90 | ||
| Omega ratioGain probability vs. loss probability | 1.56 | 1.33 | +0.23 |
| Calmar ratioReturn relative to maximum drawdown | 6.46 | 2.55 | +3.92 |
| Martin ratioReturn relative to average drawdown | 19.45 | 10.83 | +8.62 |
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Drawdowns
USVL.L vs. MWOZ.L - Drawdown Comparison
The maximum USVL.L drawdown since its inception was -40.24%, which is greater than MWOZ.L's maximum drawdown of -17.73%. Use the drawdown chart below to compare losses from any high point for USVL.L and MWOZ.L.
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Drawdown Indicators
| USVL.L | MWOZ.L | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -40.24% | -17.73% | -22.51% |
Max Drawdown (1Y)Largest decline over 1 year | -7.74% | -8.81% | +1.07% |
Max Drawdown (3Y)Largest decline over 3 years | -19.59% | — | — |
Max Drawdown (5Y)Largest decline over 5 years | -25.55% | — | — |
Max Drawdown (10Y)Largest decline over 10 years | -40.24% | — | — |
Current DrawdownCurrent decline from peak | -5.75% | -0.23% | -5.52% |
Average DrawdownAverage peak-to-trough decline | -6.34% | -2.00% | -4.34% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.58% | 2.07% | +0.51% |
Volatility
USVL.L vs. MWOZ.L - Volatility Comparison
State Street SPDR MSCI USA Value UCITS ETF USD Acc (USVL.L) has a higher volatility of 4.22% compared to Amundi Prime Global UCITS ETF Dist (MWOZ.L) at 3.05%. This indicates that USVL.L's price experiences larger fluctuations and is considered to be riskier than MWOZ.L based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| USVL.L | MWOZ.L | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 4.22% | 3.05% | +1.17% |
Volatility (6M)Calculated over the trailing 6-month period | 12.26% | 9.24% | +3.02% |
Volatility (1Y)Calculated over the trailing 1-year period | 15.37% | 11.99% | +3.38% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 17.46% | 15.10% | +2.36% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 18.17% | 15.10% | +3.07% |
USVL.L vs. MWOZ.L - Expense Ratio Comparison
USVL.L has a 0.20% expense ratio, which is higher than MWOZ.L's 0.05% expense ratio. However, both funds are considered low-cost compared to the broader market, where average expense ratios usually range from 0.3% to 0.9%.
Dividends
USVL.L vs. MWOZ.L - Dividend Comparison
USVL.L has not paid dividends to shareholders, while MWOZ.L's dividend yield for the trailing twelve months is around 1.19%.
| Position | TTM | 2025 |
|---|---|---|
MWOZ.L Amundi Prime Global UCITS ETF Dist | 1.19% | 1.60% |
USVL.L State Street SPDR MSCI USA Value UCITS ETF USD Acc | 0.00% | 0.00% |
Frequently Asked Questions
USVL.L and MWOZ.L have a correlation of 0.69, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, MWOZ.L is cheaper at 0.05% per year. The better choice depends on whether you care most about return, fees, risk, or income.
MWOZ.L is cheaper with a 0.05% expense ratio, compared with 0.20% for USVL.L.
USVL.L tracks State Street SPDR MSCI USA Value UCITS ETF USD Acc, while MWOZ.L tracks Solactive GBS Developed Markets Large & Mid Cap Index. They also come from different issuers: State Street and Amundi. Their fees differ too: 0.20% for USVL.L and 0.05% for MWOZ.L.
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