XAMB.DE vs. MVEW.DE
XAMB.DE (Amundi MSCI World SRI Climate Net Zero Ambition PAB UCITS ETF Acc) and MVEW.DE (iShares Edge MSCI World Minimum Volatility ESG UCITS ETF (Acc)) are both Global Equities funds - XAMB.DE tracks the MSCI World SRI Filtered PAB while MVEW.DE tracks the MSCI ACWI NR USD. Both are passively managed. Over the past 5 years, XAMB.DE returned 10.09%/yr vs 6.47%/yr for MVEW.DE. A 0.75 correlation means they provide meaningful diversification when combined. XAMB.DE charges 0.18%/yr vs 0.30%/yr for MVEW.DE.
Performance
XAMB.DE vs. MVEW.DE - Performance Comparison
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Returns By Period
In the year-to-date period, XAMB.DE achieves a 13.11% return, which is significantly higher than MVEW.DE's 1.17% return.
XAMB.DE
- 1D
- 0.27%
- 1M
- 6.31%
- YTD
- 13.11%
- 6M
- 13.74%
- 1Y
- 20.74%
- 3Y*
- 12.56%
- 5Y*
- 10.09%
- 10Y*
- —
MVEW.DE
- 1D
- 0.07%
- 1M
- 1.79%
- YTD
- 1.17%
- 6M
- 1.16%
- 1Y
- 0.46%
- 3Y*
- 6.53%
- 5Y*
- 6.47%
- 10Y*
- —
XAMB.DE vs. MVEW.DE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | |
|---|---|---|---|---|---|---|---|
XAMB.DE Amundi MSCI World SRI Climate Net Zero Ambition PAB UCITS ETF Acc | 13.11% | 2.25% | 15.42% | 20.65% | -17.81% | 36.43% | 19.39% |
MVEW.DE iShares Edge MSCI World Minimum Volatility ESG UCITS ETF (Acc) | 1.17% | -0.99% | 17.25% | 6.27% | -5.98% | 26.26% | 1.55% |
Correlation
The correlation between XAMB.DE and MVEW.DE is 0.44, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.44 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.62 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.71 |
Correlation (All Time) Calculated using the full available price history since Apr 24, 2020 | 0.75 |
Over the past year, the correlation between XAMB.DE and MVEW.DE has dropped to 0.44 - well below their long-term average of 0.75, suggesting their price drivers have been diverging.
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Return for Risk
XAMB.DE vs. MVEW.DE — Risk / Return Rank
XAMB.DE
MVEW.DE
XAMB.DE vs. MVEW.DE - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Amundi MSCI World SRI Climate Net Zero Ambition PAB UCITS ETF Acc (XAMB.DE) and iShares Edge MSCI World Minimum Volatility ESG UCITS ETF (Acc) (MVEW.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.
| XAMB.DE | MVEW.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +1.51 | ||
| Sortino ratioReturn per unit of downside risk | +2.15 | ||
| Omega ratioGain probability vs. loss probability | 1.29 | 1.02 | +0.27 |
| Calmar ratioReturn relative to maximum drawdown | 2.49 | 0.10 | +2.40 |
| Martin ratioReturn relative to average drawdown | 9.16 | 0.20 | +8.96 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| XAMB.DE | MVEW.DE | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.57 | 0.06 | +1.51 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.67 | 0.62 | +0.04 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.74 | 0.63 | +0.11 |
Drawdowns
XAMB.DE vs. MVEW.DE - Drawdown Comparison
The maximum XAMB.DE drawdown since its inception was -31.83%, which is greater than MVEW.DE's maximum drawdown of -13.19%. Use the drawdown chart below to compare losses from any high point for XAMB.DE and MVEW.DE.
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Drawdown Indicators
| XAMB.DE | MVEW.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -31.83% | -13.19% | -18.64% |
Max Drawdown (1Y)Largest decline over 1 year | -8.28% | -4.68% | -3.60% |
Max Drawdown (3Y)Largest decline over 3 years | -22.09% | -13.19% | -8.90% |
Max Drawdown (5Y)Largest decline over 5 years | -22.09% | -13.19% | -8.90% |
Current DrawdownCurrent decline from peak | 0.00% | -5.75% | +5.75% |
Average DrawdownAverage peak-to-trough decline | -5.61% | -3.83% | -1.78% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.26% | 2.27% | -0.01% |
Volatility
XAMB.DE vs. MVEW.DE - Volatility Comparison
Amundi MSCI World SRI Climate Net Zero Ambition PAB UCITS ETF Acc (XAMB.DE) has a higher volatility of 3.89% compared to iShares Edge MSCI World Minimum Volatility ESG UCITS ETF (Acc) (MVEW.DE) at 2.58%. This indicates that XAMB.DE's price experiences larger fluctuations and is considered to be riskier than MVEW.DE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| XAMB.DE | MVEW.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 3.89% | 2.58% | +1.31% |
Volatility (6M)Calculated over the trailing 6-month period | 9.82% | 5.42% | +4.40% |
Volatility (1Y)Calculated over the trailing 1-year period | 13.16% | 7.97% | +5.19% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 14.94% | 10.25% | +4.69% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 16.40% | 10.82% | +5.58% |
XAMB.DE vs. MVEW.DE - Expense Ratio Comparison
XAMB.DE has a 0.18% expense ratio, which is lower than MVEW.DE's 0.30% expense ratio.
Dividends
XAMB.DE vs. MVEW.DE - Dividend Comparison
Neither XAMB.DE nor MVEW.DE has paid dividends to shareholders.
Frequently Asked Questions
XAMB.DE and MVEW.DE have a correlation of 0.44, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, XAMB.DE is cheaper at 0.18% per year. The better choice depends on whether you care most about return, fees, risk, or income.
XAMB.DE is cheaper with a 0.18% expense ratio, compared with 0.30% for MVEW.DE.
XAMB.DE tracks MSCI World SRI Filtered PAB, while MVEW.DE tracks MSCI ACWI NR USD. They also come from different issuers: Amundi and iShares. Their fees differ too: 0.18% for XAMB.DE and 0.30% for MVEW.DE.
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