WEBG.DE vs. L8I3.DE

Last updated Jul 16, 2026

WEBG.DE (Amundi Prime All Country World UCITS ETF Dist) and L8I3.DE (Amundi EUR Overnight Return UCITS ETF (Acc)) are both exchange-traded funds - WEBG.DE is a Global Equities fund tracking the Solactive GBS Global Markets Large & Mid Cap Index, while L8I3.DE is a Money Market fund tracking the Solactive EUR Overnight Return Index. Both are passively managed. Over the past year, WEBG.DE returned 25.60% vs 2.00% for L8I3.DE. At a correlation of -0.01, they often move in opposite directions. WEBG.DE charges 0.07%/yr vs 0.10%/yr for L8I3.DE.

Performance

WEBG.DE vs. L8I3.DE - Performance Comparison

The chart below illustrates the hypothetical performance of a €10,000 investment in Amundi Prime All Country World UCITS ETF Dist (WEBG.DE) and Amundi EUR Overnight Return UCITS ETF (Acc) (L8I3.DE). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, WEBG.DE achieves a 14.07% return, which is significantly higher than L8I3.DE's 1.09% return.

WEBG.DE

• 1D: 0.00%
• 1M: 0.60%
• 6M: 11.67%
• YTD: 14.07%
• 1Y: 25.60%
• 3Y*: —
• 5Y*: —
• 10Y*: —

L8I3.DE

• 1D: -0.01%
• 1M: 0.18%
• 6M: 0.97%
• YTD: 1.09%
• 1Y: 2.00%
• 3Y*: 2.91%
• 5Y*: 1.94%
• 10Y*: 0.67%

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

WEBG.DE vs. L8I3.DE - Yearly Performance Comparison

	2026 (YTD)	2025	2024
WEBG.DE Amundi Prime All Country World UCITS ETF Dist	14.07%	9.19%	6.71%
L8I3.DE Amundi EUR Overnight Return UCITS ETF (Acc)	1.09%	2.21%	2.93%

Correlation

The correlation between WEBG.DE and L8I3.DE is -0.02, meaning there is essentially no relationship between their price movements. Each responds to its own set of market drivers, making them strong candidates for combining in a diversified portfolio.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	-0.02
Correlation (All Time) Calculated using the full available price history since Mar 11, 2024	-0.01

Return for Risk

WEBG.DE vs. L8I3.DE — Risk / Return Rank

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

WEBG.DE

Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.

L8I3.DE

L8I3.DE Risk / Return Rank: 99
L8I3.DE Sharpe Ratio Rank: 99
L8I3.DE Sortino Ratio Rank: 99
L8I3.DE Omega Ratio Rank: 99
L8I3.DE Calmar Ratio Rank: 99
L8I3.DE Martin Ratio Rank: 99

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.

WEBG.DE vs. L8I3.DE - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Amundi Prime All Country World UCITS ETF Dist (WEBG.DE) and Amundi EUR Overnight Return UCITS ETF (Acc) (L8I3.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.

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.

	WEBG.DE	L8I3.DE	Difference
Sharpe ratio: Return per unit of total volatility	1.05	6.29	-5.24
Sortino ratio: Return per unit of downside risk	1.69	13.57	-11.88
Omega ratio: Gain probability vs. loss probability	1.35	2.82	-1.47
Calmar ratio: Return relative to maximum drawdown	1.63	45.18	-43.56
Martin ratio: Return relative to average drawdown	2.88	176.49	-173.61

WEBG.DE vs. L8I3.DE - Sharpe Ratio Comparison

The current WEBG.DE Sharpe Ratio is 1.05, which is lower than the L8I3.DE Sharpe Ratio of 6.29. The chart below compares the historical Sharpe Ratios of WEBG.DE and L8I3.DE, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Drawdowns

WEBG.DE vs. L8I3.DE - Drawdown Comparison

The maximum WEBG.DE drawdown since its inception was -21.31%, which is greater than L8I3.DE's maximum drawdown of -3.92%. Use the drawdown chart below to compare losses from any high point for WEBG.DE and L8I3.DE.

Drawdown Indicators

	WEBG.DE	L8I3.DE	Difference
Max Drawdown Largest peak-to-trough decline	-21.31%	-3.92%	-17.39%
Max Drawdown (1Y) Largest decline over 1 year	-15.74%	-0.04%	-15.70%
Max Drawdown (3Y) Largest decline over 3 years	—	-0.07%	—
Max Drawdown (5Y) Largest decline over 5 years	—	-0.75%	—
Max Drawdown (10Y) Largest decline over 10 years	—	-3.57%	—
Current Drawdown Current decline from peak	-0.83%	-0.01%	-0.82%
Average Drawdown Average peak-to-trough decline	-5.87%	-0.89%	-4.98%
Ulcer Index Depth and duration of drawdowns from previous peaks	8.88%	0.01%	+8.87%

Volatility

WEBG.DE vs. L8I3.DE - Volatility Comparison

Amundi Prime All Country World UCITS ETF Dist (WEBG.DE) has a higher volatility of 2.98% compared to Amundi EUR Overnight Return UCITS ETF (Acc) (L8I3.DE) at 0.08%. This indicates that WEBG.DE's price experiences larger fluctuations and is considered to be riskier than L8I3.DE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	WEBG.DE	L8I3.DE	Difference
Volatility (1M) Calculated over the trailing 1-month period	2.98%	0.08%	+2.90%
Volatility (6M) Calculated over the trailing 6-month period	8.93%	0.21%	+8.72%
Volatility (1Y) Calculated over the trailing 1-year period	24.42%	0.32%	+24.10%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	20.54%	0.26%	+20.28%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	20.54%	0.21%	+20.33%

WEBG.DE vs. L8I3.DE - Expense Ratio Comparison

WEBG.DE has a 0.07% expense ratio, which is lower than L8I3.DE's 0.10% 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

WEBG.DE vs. L8I3.DE - Dividend Comparison

Neither WEBG.DE nor L8I3.DE has paid dividends to shareholders.

Position	TTM	2025
L8I3.DE Amundi EUR Overnight Return UCITS ETF (Acc)	0.00%	0.00%
WEBG.DE Amundi Prime All Country World UCITS ETF Dist	1.21%	1.32%

Frequently Asked Questions

Can I hold both WEBG.DE and L8I3.DE in my portfolio?

WEBG.DE and L8I3.DE have a correlation of -0.02, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, WEBG.DE or L8I3.DE?

On fees, WEBG.DE is cheaper at 0.07% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, WEBG.DE or L8I3.DE?

WEBG.DE is cheaper with a 0.07% expense ratio, compared with 0.10% for L8I3.DE.

What is the main difference between WEBG.DE and L8I3.DE?

WEBG.DE is categorized as Global Equities, while L8I3.DE is Money Market. WEBG.DE tracks Solactive GBS Global Markets Large & Mid Cap Index, while L8I3.DE tracks Solactive EUR Overnight Return Index. Their fees differ too: 0.07% for WEBG.DE and 0.10% for L8I3.DE.