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WLDL.L vs. MVEW.L
Performance
Return for Risk
Drawdowns
Volatility
Dividends

WLDL.L vs. MVEW.L

Last updated Jun 5, 2026

WLDL.L (Lyxor MSCI World UCITS ETF - Dist) and MVEW.L (iShares Edge MSCI World Minimum Volatility ESG UCITS ETF (Acc)) are both Global Equities funds tracking the MSCI ACWI NR USD, from Amundi and iShares respectively. Both are passively managed. Over the past 5 years, WLDL.L returned 13.12%/yr vs 6.63%/yr for MVEW.L. A 0.53 correlation means they provide meaningful diversification when combined. Both charge a 0.30% expense ratio.

Performance

WLDL.L vs. MVEW.L - Performance Comparison

The chart below illustrates the hypothetical performance of a £10,000 investment in Lyxor MSCI World UCITS ETF - Dist (WLDL.L) and iShares Edge MSCI World Minimum Volatility ESG UCITS ETF (Acc) (MVEW.L). The values are adjusted to include any dividend payments, if applicable.

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Different Trading Currencies

WLDL.L is traded in GBp, while MVEW.L is traded in GBP. To make them comparable, the MVEW.L values have been converted to GBp using the latest available exchange rates.

Returns By Period

In the year-to-date period, WLDL.L achieves a 10.10% return, which is significantly higher than MVEW.L's 0.37% return.

WLDL.L

1D
0.04%
1M
3.80%
YTD
10.10%
6M
9.98%
1Y
27.12%
3Y*
17.72%
5Y*
13.12%
10Y*
—

MVEW.L

1D
0.20%
1M
2.18%
YTD
0.37%
6M
0.12%
1Y
3.76%
3Y*
6.64%
5Y*
6.63%
10Y*
—
*Multi-year figures are annualized to reflect compound growth (CAGR)

WLDL.L vs. MVEW.L - Yearly Performance Comparison

2026 (YTD)202520242023202220212020
WLDL.L
Lyxor MSCI World UCITS ETF - Dist		10.10%12.59%21.18%18.07%-8.98%24.03%8.26%
MVEW.L
iShares Edge MSCI World Minimum Volatility ESG UCITS ETF (Acc)		0.37%3.73%12.44%4.00%-0.60%18.17%-1.61%

Correlation

The correlation between WLDL.L and MVEW.L is 0.27, which is low. Their price movements are largely independent, making them effective diversification partners.

Correlation
Correlation (1Y)
Calculated over the trailing 1-year period

0.27

Correlation (3Y)
Calculated over the trailing 3-year period

0.50

Correlation (5Y)
Calculated over the trailing 5-year period

0.51

Correlation (All Time)
Calculated using the full available price history since Jul 20, 2020

0.53

Over the past year, the correlation between WLDL.L and MVEW.L has dropped to 0.27 - well below their long-term average of 0.53, suggesting their price drivers have been diverging.

WLDL.L vs. MVEW.L - Sectors Allocation Comparison

Sectors
WLDL.L
MVEW.L

Technology

28.3%
22.6%

Financial Services

15.7%
15.2%

Industrials

11.4%
8.2%

Consumer Cyclical

9.3%
5.4%

Communication Services

9.3%
10.5%

Healthcare

8.8%
14.9%

Consumer Defensive

5.2%
10.2%

Energy

4.2%
3.3%

Basic Materials

3.3%
1.5%

Utilities

2.7%
6.7%

Real Estate

1.9%
1.4%

Technology

WLDL.L
28.3%
MVEW.L
22.6%

Financial Services

WLDL.L
15.7%
MVEW.L
15.2%

Industrials

WLDL.L
11.4%
MVEW.L
8.2%

Consumer Cyclical

WLDL.L
9.3%
MVEW.L
5.4%

Communication Services

WLDL.L
9.3%
MVEW.L
10.5%

Healthcare

WLDL.L
8.8%
MVEW.L
14.9%

Consumer Defensive

WLDL.L
5.2%
MVEW.L
10.2%

Energy

WLDL.L
4.2%
MVEW.L
3.3%

Basic Materials

WLDL.L
3.3%
MVEW.L
1.5%

Utilities

WLDL.L
2.7%
MVEW.L
6.7%

Real Estate

WLDL.L
1.9%
MVEW.L
1.4%

Compare stocks, funds, or ETFs

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Lyxor MSCI World UCITS ETF - Dist

iShares Edge MSCI World Minimum Volatility ESG UCITS ETF (Acc)

Often compared with WLDL.L:
WLDL.L vs. SP5L.LWLDL.L vs. CEU1.LWLDL.L vs. ^GDAXIWLDL.L vs. IJPN.LWLDL.L vs. SWDA.LWLDL.L vs. QQQWLDL.L vs. LOWV
Often compared with MVEW.L:
MVEW.L vs. MINV.LMVEW.L vs. JEPIMVEW.L vs. FLXD.LMVEW.L vs. MVOL.LMVEW.L vs. TDGB.LMVEW.L vs. XDEQ.LMVEW.L vs. SPY

Return for Risk

WLDL.L vs. MVEW.L — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.
WLDL.L
WLDL.L Risk / Return Rank: 8888
Overall Rank
WLDL.L Sharpe Ratio Rank: 8989
Sharpe Ratio Rank
WLDL.L Sortino Ratio Rank: 8989
Sortino Ratio Rank
WLDL.L Omega Ratio Rank: 8989
Omega Ratio Rank
WLDL.L Calmar Ratio Rank: 8484
Calmar Ratio Rank
WLDL.L Martin Ratio Rank: 8787
Martin Ratio Rank
MVEW.L
MVEW.L Risk / Return Rank: 1515
Overall Rank
MVEW.L Sharpe Ratio Rank: 1616
Sharpe Ratio Rank
MVEW.L Sortino Ratio Rank: 1515
Sortino Ratio Rank
MVEW.L Omega Ratio Rank: 1414
Omega Ratio Rank
MVEW.L Calmar Ratio Rank: 1616
Calmar Ratio Rank
MVEW.L Martin Ratio Rank: 1616
Martin Ratio Rank
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.

WLDL.L vs. MVEW.L - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Lyxor MSCI World UCITS ETF - Dist (WLDL.L) and iShares Edge MSCI World Minimum Volatility ESG UCITS ETF (Acc) (MVEW.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.

WLDL.LMVEW.LDifference
Sharpe ratioReturn per unit of total volatility
2.95
0.41

+2.54

Sortino ratioReturn per unit of downside risk
4.08
0.64

+3.43

Omega ratioGain probability vs. loss probability

1.56

1.07

+0.49

Calmar ratioReturn relative to maximum drawdown

4.54

0.56

+3.98

Martin ratioReturn relative to average drawdown

18.52

1.47

+17.05

Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

WLDL.L vs. MVEW.L - Sharpe Ratio Comparison

The current WLDL.L Sharpe Ratio is 2.95, which is higher than the MVEW.L Sharpe Ratio of 0.41. The chart below compares the historical Sharpe Ratios of WLDL.L and MVEW.L, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

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Sharpe Ratios by Period

WLDL.LMVEW.LDifference

Sharpe Ratio (1Y)

Calculated over the trailing 1-year period

2.95

0.41

+2.54

Sharpe Ratio (5Y)

Calculated over the trailing 5-year period

1.12

0.68

+0.44

Sharpe Ratio (All Time)

Calculated using the full available price history

1.04

0.60

+0.45

Drawdowns

WLDL.L vs. MVEW.L - Drawdown Comparison

The maximum WLDL.L drawdown since its inception was -24.76%, which is greater than MVEW.L's maximum drawdown of -10.07%. Use the drawdown chart below to compare losses from any high point for WLDL.L and MVEW.L.

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Drawdown Indicators

WLDL.LMVEW.LDifference

Max Drawdown

Largest peak-to-trough decline

-24.76%

-10.07%

-14.69%

Max Drawdown (1Y)

Largest decline over 1 year

-6.59%

-5.85%

-0.74%

Max Drawdown (3Y)

Largest decline over 3 years

-18.91%

-9.04%

-9.87%

Max Drawdown (5Y)

Largest decline over 5 years

-18.91%

-10.07%

-8.84%

Current Drawdown

Current decline from peak

-0.13%

-3.02%

+2.89%

Average Drawdown

Average peak-to-trough decline

-3.17%

-2.57%

-0.60%

Ulcer Index

Depth and duration of drawdowns from previous peaks

1.58%

2.22%

-0.64%

Volatility

WLDL.L vs. MVEW.L - Volatility Comparison

Lyxor MSCI World UCITS ETF - Dist (WLDL.L) and iShares Edge MSCI World Minimum Volatility ESG UCITS ETF (Acc) (MVEW.L) have volatilities of 2.52% and 2.63%, 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.

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Volatility by Period

WLDL.LMVEW.LDifference

Volatility (1M)

Calculated over the trailing 1-month period

2.52%

2.63%

-0.11%

Volatility (6M)

Calculated over the trailing 6-month period

7.27%

5.97%

+1.30%

Volatility (1Y)

Calculated over the trailing 1-year period

10.13%

8.00%

+2.13%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

15.30%

9.78%

+5.52%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

18.50%

10.08%

+8.42%

WLDL.L vs. MVEW.L - Expense Ratio Comparison

Both WLDL.L and MVEW.L have an expense ratio of 0.30%.

Dividends

WLDL.L vs. MVEW.L - Dividend Comparison

WLDL.L's dividend yield for the trailing twelve months is around 1.15%, while MVEW.L has not paid dividends to shareholders.

PositionTTM202520242023202220212020201920182017
MVEW.L
iShares Edge MSCI World Minimum Volatility ESG UCITS ETF (Acc)		0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%
WLDL.L
Lyxor MSCI World UCITS ETF - Dist		1.15%1.26%1.61%1.34%1.90%1.34%1.58%1.57%2.41%0.69%

Frequently Asked Questions

WLDL.L and MVEW.L have a correlation of 0.27, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Both ETFs have the same 0.30% expense ratio. The better choice depends on whether you care most about return, fees, risk, or income.

WLDL.L and MVEW.L have the same expense ratio: 0.30% per year.

Both ETFs track MSCI ACWI NR USD. They also come from different issuers: Amundi and iShares.

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