WPEA.PA vs. DBMFE.PA
WPEA.PA (iShares MSCI World Swap PEA UCITS ETF) and DBMFE.PA (iMGP DBi Managed Futures Fund R EUR UCITS ETF Acc) are both exchange-traded funds - WPEA.PA is a Global Equities fund tracking the MSCI World NET TR EUR Index, while DBMFE.PA is a Hedge Fund fund actively managed by iM Global Partner. WPEA.PA is passively managed, while DBMFE.PA is actively managed. Over the past year, WPEA.PA returned 24.27% vs 30.03% for DBMFE.PA. At a 0.23 correlation, their price movements are largely independent. WPEA.PA charges 0.25%/yr vs 0.75%/yr for DBMFE.PA.
Performance
WPEA.PA vs. DBMFE.PA - Performance Comparison
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Returns By Period
In the year-to-date period, WPEA.PA achieves a 10.87% return, which is significantly lower than DBMFE.PA's 13.01% return.
WPEA.PA
- 1D
- -0.22%
- 1M
- 0.67%
- YTD
- 10.87%
- 6M
- 10.87%
- 1Y
- 24.27%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
DBMFE.PA
- 1D
- 0.00%
- 1M
- 1.67%
- YTD
- 13.01%
- 6M
- 13.42%
- 1Y
- 30.03%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
WPEA.PA vs. DBMFE.PA - Yearly Performance Comparison
| 2026 (YTD) | 2025 | |
|---|---|---|
WPEA.PA iShares MSCI World Swap PEA UCITS ETF | 10.87% | 20.71% |
DBMFE.PA iMGP DBi Managed Futures Fund R EUR UCITS ETF Acc | 13.01% | 14.24% |
Correlation
The correlation between WPEA.PA and DBMFE.PA is 0.23, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.23 |
Correlation (All Time) Calculated using the full available price history since Apr 28, 2025 | 0.23 |
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Return for Risk
WPEA.PA vs. DBMFE.PA — Risk / Return Rank
WPEA.PA
DBMFE.PA
WPEA.PA vs. DBMFE.PA - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for iShares MSCI World Swap PEA UCITS ETF (WPEA.PA) and iMGP DBi Managed Futures Fund R EUR UCITS ETF Acc (DBMFE.PA). 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.
| WPEA.PA | DBMFE.PA | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.21 | ||
| Sortino ratioReturn per unit of downside risk | +0.39 | ||
| Omega ratioGain probability vs. loss probability | 1.40 | 1.33 | +0.07 |
| Calmar ratioReturn relative to maximum drawdown | 3.60 | 4.25 | -0.65 |
| Martin ratioReturn relative to average drawdown | 14.23 | 13.14 | +1.09 |
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Drawdowns
WPEA.PA vs. DBMFE.PA - Drawdown Comparison
The maximum WPEA.PA drawdown since its inception was -21.57%, which is greater than DBMFE.PA's maximum drawdown of -7.01%. Use the drawdown chart below to compare losses from any high point for WPEA.PA and DBMFE.PA.
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Drawdown Indicators
| WPEA.PA | DBMFE.PA | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -21.57% | -7.01% | -14.56% |
Max Drawdown (1Y)Largest decline over 1 year | -6.66% | -7.01% | +0.35% |
Current DrawdownCurrent decline from peak | -1.09% | -1.11% | +0.02% |
Average DrawdownAverage peak-to-trough decline | -2.99% | -2.58% | -0.41% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.69% | 2.27% | -0.58% |
Volatility
WPEA.PA vs. DBMFE.PA - Volatility Comparison
The current volatility for iShares MSCI World Swap PEA UCITS ETF (WPEA.PA) is 3.09%, while iMGP DBi Managed Futures Fund R EUR UCITS ETF Acc (DBMFE.PA) has a volatility of 3.68%. This indicates that WPEA.PA experiences smaller price fluctuations and is considered to be less risky than DBMFE.PA based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| WPEA.PA | DBMFE.PA | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 3.09% | 3.68% | -0.59% |
Volatility (6M)Calculated over the trailing 6-month period | 8.01% | 11.39% | -3.38% |
Volatility (1Y)Calculated over the trailing 1-year period | 11.26% | 15.52% | -4.26% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 14.55% | 17.32% | -2.77% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 14.55% | 17.32% | -2.77% |
WPEA.PA vs. DBMFE.PA - Expense Ratio Comparison
WPEA.PA has a 0.25% expense ratio, which is lower than DBMFE.PA's 0.75% expense ratio.
Dividends
WPEA.PA vs. DBMFE.PA - Dividend Comparison
Neither WPEA.PA nor DBMFE.PA has paid dividends to shareholders.
Frequently Asked Questions
WPEA.PA and DBMFE.PA have a correlation of 0.23, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, WPEA.PA is cheaper at 0.25% per year. The better choice depends on whether you care most about return, fees, risk, or income.
WPEA.PA is cheaper with a 0.25% expense ratio, compared with 0.75% for DBMFE.PA.
WPEA.PA is categorized as Global Equities, while DBMFE.PA is Hedge Fund. They also come from different issuers: iShares and iM Global Partner. Their fees differ too: 0.25% for WPEA.PA and 0.75% for DBMFE.PA.
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