ETF sheet · Issuer-declared data

🇮🇹 Effective capital-gains rate: 26.00%details →

Amundi Core MSCI World UCITS ETF AccIndex, costs, backtest, listings and taxation

ISIN: IE000BI8OT95Ticker: MWRD (Borsa Italiana) · MWRD (Xetra) · MWRU (London SE) · WRDU (Euronext AMS) · MWRD (Euronext Paris) · MWRD (SIX)Issuer: AmundiClass: UCITS ETF Acc

Global Equity tracking the MSCI World Net Total Return USD Index, physical replication, accumulating. Share class in US dollars (USD).

0.12% + 0.01%

TER + KID transaction costs ✓ declared by the issuer

1,255

rows published by the issuer · holdings ↓ ✓ declared by the issuer

15.7 bn €

share-class assets ✓ declared by the issuer

Every figure carries its provenance: ✓ declared by the issuer in its documents · ≈ computed by Rebalix on the declared data.

Fund

Name

Amundi Core MSCI World UCITS ETF Acc

Declared index

MSCI World Net Total Return USD Index

Management

Passive (index-tracking) (from the KID)

Replication

Physical

SFDR

Article 6 — does not promote specific ESG characteristics what does it mean?

Domicile

Ireland

Share class · this page

ISIN

IE000BI8OT95 · UCITS ETF Acc

Ticker

MWRD (Borsa Italiana) · MWRD (Xetra) · MWRU (London SE) · WRDU (Euronext AMS) · MWRD (Euronext Paris) · MWRD (SIX)

Share-class currency

US dollars (USD)

TER

0.12%

Transaction costs

0.01% (issuer estimate, from the KID)

Income policy

Accumulating

Share-class assets

15.7 bn EUR

NAV

184.2 USD (15 October 2026)

Share-class launch

17 January 2024

Data as declared by Amundi in the issuer’s official files and endpoints · collected on 17 October 2026 (monthly refresh). Facts only, no recommendation.

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OverviewIn this sectionQuick reads Fund objective What changed over time Tax

Quick reads

TER 0.12%below the median of equity ETFs we track (0.23%).≈ computed by Rebalix
Assetslarger than 98% of equity ETFs we track.≈ computed by Rebalix
Information Technology 29.9%first sector from the declared portfolio✓ declared by the issuer
1,255 rowspublished by the issuer; completeness of the list not declared✓ declared by the issuer
Top 10 = 26.6%of the fund✓ declared by the issuer
Effective rate 26.00%on capital gains for Italian tax residents: from the declared white-list share≈ computed by Rebalix

✓ declared by the issuer · ≈ computed by Rebalix on the declared data in our census. They describe the past and are not indicative of future results.

Description and fund objective

Amundi Core MSCI World UCITS ETF Acc tracks the issuer-declared index: MSCI World Net Total Return USD Index. The declared annual cost (TER) is 0.12%, plus 0.01% in transaction costs estimated by the issuer in the KID. Replication is direct physical replication; income is accumulated and reinvested in the fund. The fund has assets of about 15.7 billion euro, was launched on 17 January 2024 and is domiciled in Ireland. In our registry it is the largest by assets among the 9 ETFs declaring the same index.

The fund’s objective — in the issuer’s words

The Sub-Fund is passively managed. The objective of the Sub- Fund is to track the performance of the MSCI World Index (the "Index"). The anticipated level of the tracking error, under normal market conditions, is indicated in the prospectus of the Sub-Fund.
Keep reading the KID section ▾
The Index is a broad global equity index representative of the large and mid-cap markets across developed countries. The Index is a net total return index, meaning that dividends net of tax paid by the index constituents are included in the Index return. More information about the composition of the Index and its operating rules are available in the prospectus and at www.msci.com The Index value is available via Bloomberg (NDDUWI). The exposure to the Index will be achieved through a Direct Replication, mainly by making direct investments in transferable securities and/or other eligible assets representing the Index constituents in a proportion extremely close to their proportion in the Index. The Investment Manager will be able to use derivatives in order to deal with inﬂows and outﬂows and which relate to the Index or constituents of the Index for investment and/or eﬃcient portfolio management. In order to generate additional income to oﬀset its costs, the Sub-Fund may also enter into securities lending operations.
Intended Retail Investor:This product is intended for investors, with a basic knowledge of and no or limited experience of investing in funds seeking to increase the value of their investment over the recommended holding period with the ability to bear losses up to the amount invested.
Redemption and Dealing:The Sub-Fund's shares are listed and traded on one or more stock exchanges. In normal circumstances, you may deal in shares during the trading hours of the stock exchanges. Only authorised participants (e.g., selected financial institutions) may deal in shares directly with the Sub-Fund on the primary market. Further details are provided in the AMUNDI ETF ICAV prospectus.
Distribution policy:As this is a non-distributing share class, investment income is reinvested. the accumulation share automatically retains, and reinvests, all attributable income within the Sub-Fund; thereby accumulating value in the price of the accumulation shares.
More Information:You may get further information about the Sub-Fund, including the prospectus, and financial reports which are available at and free of charge on request from: Amundi Ireland Limited at AMUNDI IRELAND LIMITED, One George's Quay Plaza, George's Quay, Dublin 2, Ireland.

From the KID’s “Objectives” section · KID acquired on 4 August 2026 · original document ↓

Text generated from the data the issuer declares in official product lists. No recommendation.

What has changed in the fund over time

Every month we snapshot the register and the holdings and keep the picture. The history shows how the fund changes, not only what it is today.

Share-class launch
17 January 2024
declared by the issuer
Basket snapshots
3 monthly
since July 2026
Dated events
none so far
TER, index, name, tax: every change is an event

Open the history →

Italian taxation

Effective rate on capital gains

26.00%

White-list share

0.00%

From the government-bond («white list») share certified by the issuer every semester: 12.5% on that portion, 26% on the rest.

Deep-dive into this fund’s taxation →

PerformanceIn this sectionChart Backtest Tracking difference

Fund performance

issuer-declared net asset value (NAV) · USD (loading exchange rates) · from Jan 2024 to Oct 2026

Adjusted for inflationCompare with the index

Compare with another ETF

Only funds we hold a history for. Three at a time, at most.

Return

+62.4%

Annualised

+19.3%

Volatility (ann.)

12.8%

Max drawdown

-16.57%

18 Jan 2024 → 16 Oct 20262 years and 9 months · +62.4%

Accumulating class: income is reinvested inside the fund and already reflected in the NAV; no distribution is left out of the chart.

Calculations on the NAV: issuer total-return series not available.

Note — currency risk: the fund is denominated (or hedged) in USD and the chart is in USD. For a euro investor, returns also depend on the EUR/USD exchange rate, up or down.

Tip: drag across the chart to zoom into a period.

Drawdown — distance from previous peak

This isn’t the return: it shows how far the fund is below its previous peak. 0% = you’re at the peak; below zero = how much you’re down and haven’t recovered yet.

Max drawdown

-16.57%

peak → trough

Trough

08 Apr 2025

from the 18 Feb 2025 peak

Recovery time

56 days

recovery only: trough to break-even

Underwater

105 days

decline + recovery: peak to break-even · ≈ 3 months · → recovered on 03 Jun 2025

The five worst falls in the period

From the peak of	Trough	Depth	Back to break-even	Days underwater
18 Feb 2025	08 Apr 2025	-16.57%	03 Jun 2025	105
25 Feb 2026	30 Mar 2026	-8.87%	15 Apr 2026	49
16 Jul 2024	05 Aug 2024	-8.29%	23 Aug 2024	38
28 Mar 2024	19 Apr 2024	-5.23%	14 May 2024	47
28 Oct 2025	20 Nov 2025	-4.64%	10 Dec 2025	43

Calendar-year returns

2024

19.7%

launch 17 Jan, series from 18 Jan

2025

21.2%

2026

11.9%

2024: the share class was launched on 17 January 2024 and the available series starts on 18 January 2024; the return runs from that date (not from launch) to 31 December 2024 and is not a full year.

Month-by-month returns

2026Year 11.9%

Jan

2.2

Feb

0.7

Mar

-6.4

Apr

9.6

May

4.6

Jun

-0.7

Jul

0.5

Aug

2.6

Sept

-1.2

Oct

0.1

Nov

Dec

2025Year 21.2%

Jan

3.5

Feb

-0.7

Mar

-4.4

Apr

0.9

May

6.0

Jun

4.3

Jul

1.3

Aug

2.6

Sept

3.2

Oct

2.0

Nov

0.3

Dec

0.8

2024Year 19.7%(from 18 Jan)

Jan

Feb

4.3

Mar

3.2

Apr

-3.7

May

4.5

Jun

2.1

Jul

1.7

Aug

2.6

Sept

1.9

Oct

-2.0

Nov

4.6

Dec

-2.6

	Jan	Feb	Mar	Apr	May	Jun	Jul	Aug	Sept	Oct	Nov	Dec	Year
2026	2.2	0.7	-6.4	9.6	4.6	-0.7	0.5	2.6	-1.2	0.1			11.9
2025	3.5	-0.7	-4.4	0.9	6.0	4.3	1.3	2.6	3.2	2.0	0.3	0.8	21.2
2024		4.3	3.2	-3.7	4.5	2.1	1.7	2.6	1.9	-2.0	4.6	-2.6	19.7(from 18 Jan)

From month-end NAVs, over the fund’s full history, on the series shown in the chart (dividends reinvested: where declared). Deeper colour = larger move.

Method and sources

Source: Amundi. Issuer-declared historical series; inflation: Eurostat and national statistical institutes, latest available August 2026 — for later days the index stays at the last published value (institutes publish with a few weeks’ lag). The «adjusted for inflation» view expresses value in today’s purchasing power for the selected country; volatility always stays nominal, as elsewhere on the site (deflating it would add artificial swings caused by the monthly cadence of the price index). Past performance is not indicative of future results: these are facts, not a recommendation.

Tracking difference — fund vs index

How much the fund returned above (+) or below (−) its index, year by year. It measures the actual deviation: the combined effect of costs (TER and transaction), securities-lending revenue and replication optimisations — which is why it can beat the TER.

Declared TER

0.12%

Year	Fund	Index	Difference (pt)
2025	+21.18%	+21.09%	+0.08 pt

Total-return figures from issuer-declared series (primary source); complete calendar years. TD is not comparable across sites using different methodologies or index variants. Past performance is not indicative of future results. What is tracking difference? →

RiskIn this sectionRisk

Risk indicators· EUR

Last year

Volatility (ann.)10.81%

Max drawdown-6.49%

Sharpe1.50

Sortino2.23

Full history

Volatility (ann.)13.46%

Max drawdown-20.48%

Sharpe1.05

Sortino1.47

	Last year	Full history
Volatility (ann.)	10.81%	13.46%
Max drawdown	-6.49%	-20.48%
Sharpe	1.50	1.05
Sortino	2.23	1.47

Windows longer than the available price history cannot be computed and are not shown: they will appear on their own as time passes. Computed from the daily NAV series, always in nominal terms. Sharpe and Sortino use the ECB main refinancing rate averaged over the period (last year: 2.25%), weighted by days in force, as the risk-free rate. Same formulas as our public methodology: sample standard deviation annualised over 252 days; Sortino with downside deviation. Past performance is not indicative of future results. Figures in EUR — series converted day by day at ECB reference rates; the table follows the currency selected in the chart.

PortfolioIn this sectionHoldings

Portfolio holdings

Rows in the published list

1,255

Top-10 weight

26.6%

Top 10 holdings

NVIDIA CORP · NVDA UW

5.47%

APPLE INC · AAPL UW

5.23%

MICROSOFT CORP · MSFT UW

3.87%

AMAZON.COM INC · AMZN UW

2.70%

ALPHABET INC CL A · GOOGL UW

2.15%

BROADCOM INC · AVGO UW

1.83%

ALPHABET INC CL C · GOOG UW

1.70%

META PLATFORMS INC-CLASS A · META UW

1.39%

MICRON TECHNOLOGY INC · MU UW

1.15%

TESLA INC · TSLA UW

1.11%

Sectors

Information Technology

29.9%

Financials

16.5%

Industrials

11.0%

Health Care

9.4%

Consumer Discretionary

8.7%

Communication Services

7.9%

Consumer Staples

4.9%

Countries

up to 1%1–5%5–15%15–30%over 30%

Hover a country for its percentage.

Top 7 countries

United States72.3%

Japan5.9%

United Kingdom3.5%

Canada3.4%

France2.4%

Switzerland2.3%

Germany2.2%

⬇ Download the published holdings — Excel, 1,255 rows

Holdings as published by Amundi, holdings as at 1 September 2026: 1,255 rows archived by Rebalix, summarised here. Rebalix has no statement from the issuer on the completeness of this list. Weights are reported without rescaling and may not sum to 100%. How Rebalix verifies portfolio holdings →

StructureIn this sectionIndex Same index Exchanges

Index tracked

MSCI World Net Total Return USD Index

Deep dive: what this index is and how it is built →

This fund belongs to the World and global equity family: compare all census ETFs in this family →

ETFs declaring the same index

Fund	TER	Income	Fund size
Amundi MSCI World Swap II UCITS ETF Dist compare ⇄ WLD · Amundi · 2 classes	0.30%	Acc. · Dist.	9 mld EUR
Fineco AM Amundi MSCI World UCITS ETF Acc compare ⇄ OMNIS · Amundi	0.30%	Acc.	1 mln EUR
Amundi Core MSCI World UCITS ETF 2 Acc compare ⇄ AWOR · Amundinot on Borsa Italiana	0.06%	Acc.	3 mln EUR
Amundi Core MSCI World UCITS ETF Dist compare ⇄ MWOE · Amundi · 2 classesnot on Borsa Italiana	0.12%	Dist. · Acc.	1.6 mld EUR
Finanzen.net MSCI World UCITS ETF Acc compare ⇄ FINZ · Amundinot on Borsa Italiana	0.12%	Acc.	48 mln EUR
Amundi Core MSCI World Swap UCITS ETF Acc compare ⇄ AHYX · Amundi · 2 classesnot on Borsa Italiana	0.12%	Acc. · Dist.	15 mln EUR
Amundi Label ISR Actions Monde UCITS ETF Acc compare ⇄ ISRM · Amundiactivenot on Borsa Italiana	0.20%	Acc.	344 mln EUR
Amundi World Equity Enhanced Active UCITS ETF Acc compare ⇄ EQAW · Amundinot on Borsa Italiana	0.25%	Acc.	84 mln EUR

9 ETFs in our census declare this index (including this fund). Funds declaring the exact same index, word for word, in official product lists. Differently-worded variants (or other index versions) are not shown: a short list beats a wrong match. Sorted as follows: Milan-listed classes first, then the others; within each group by ascending TER, then by descending assets. A dash “—” = not declared by the issuer in the files we read — not a zero.

Where it shows up commission-free in Italy

According to the official lists published by the brokers (downloaded and cross-checked by us), these share classes of the fund appear tradable with zero fees:

IE000BI8OT95MWRD

BG Saxozero within the savings plan (buys)
Directazero within the savings plan (buys)
Moneyfarmzero within the savings plan (buys), agreement until 15 May 2027
Moneyfarmzero on single buys from 1,000 €, agreement until 15 May 2027
XTBzero (up to €100,000 monthly volume, unreachable for a retail plan); fractions available in plans

Full terms, traps and method in the observatory: Free savings plans and zero-commission ETFs: the broker survey

Official lists verified on 15 October 2026. We record published terms — this is neither an invitation to open accounts nor a recommendation: lists change, the broker’s documents prevail. Trade Republic, Scalable Capital and Trading 212 publish no per-ISIN lists and don’t appear here.

Stock exchange listings

Exchanges with a ticker available· in alphabetical order

Exchange	Ticker	Exchange source	Registered since
Borsa Italiana (ETFplus)	MWRDfrom tax document	ESMA register (FIRDS)	18 Jan 2024
Euronext Amsterdam	WRDUfrom tax document	ESMA register (FIRDS)	17 Nov 2025
Euronext Paris	MWRDfrom tax document	ESMA register (FIRDS)	18 Jan 2024
London Stock Exchange	MWRUfrom tax document	issuer’s tax document (exchange outside the FIRDS perimeter)	—
SIX Swiss Exchange	MWRDfrom tax document	issuer’s tax document (exchange outside the FIRDS perimeter)	—
Xetra (Deutsche Börse)	MWRDfrom tax document	ESMA register (FIRDS)	18 Jan 2024

from tax document — ticker from the half-yearly document the issuer publishes for the Italian tax authority, one ticker per exchange: where the exchange trades several lines (different currencies) the others do not appear.

Each row is one exchange: the operator with all its markets and segments (regulated market and Freiverkehr included). “Registered since”: admission date in the ESMA register (FIRDS), not necessarily the first trading day; a dash = date not recorded in the sources.

Other exchanges on record · 8 · show

Exchange	Ticker	Exchange source	Registered since
Bolsa Mexicana de Valores	not available	issuer’s product list (exchange outside the FIRDS perimeter)	—
Börse Düsseldorf	not available	ESMA register (FIRDS)	31 Jan 2024
Börse Frankfurt	not available	ESMA register (FIRDS)	4 Apr 2024
Börse Hamburg	not available	ESMA register (FIRDS)	18 Jan 2024
Börse Hannover	not available	ESMA register (FIRDS)	9 Dec 2024
Börse München / gettex	not available	ESMA register (FIRDS)	25 Jan 2024
Börse Stuttgart	not available	ESMA register (FIRDS)	18 Jan 2024
Tradegate Exchange	not available	ESMA register (FIRDS)	18 Apr 2024

For these exchanges none of the listing sources Rebalix covers provides a ticker; the listing is known from the ESMA register (FIRDS) or declared by the issuer. For Börse Düsseldorf the ESMA register records the listing on 2 segments of the same operator, shown as a single row. For Börse Frankfurt the ESMA register records the listing on 2 segments of the same operator, shown as a single row. For Börse Hamburg the ESMA register records the listing on 3 segments of the same operator, shown as a single row. For Börse Hannover the ESMA register records the listing on 2 segments of the same operator, shown as a single row. For Börse Stuttgart the ESMA register records the listing on 3 segments of the same operator, shown as a single row.

+ 9 other trading platforms (platforms for professional participants and segments without admission to listing, such as an exchange operator’s dark books or auctions): they are not exchanges and are not listed.

Exchanges are taken from the official ESMA register (FIRDS) and, where FIRDS does not cover the exchange (London, Zurich) or does not record the current listing, from the issuers’ product lists and documents: the “Exchange source” column says so row by row. Each exchange is a single row, with all its markets and segments. Tickers come from the issuers’ product lists and tax documents or, where indicated, from ISIN→exchange mapping under the open FIGI standard (OpenFIGI). Activity on a dark book, an auction or an ancillary platform does not prove a listing on the exchange that operates it. Rebalix mainly covers venues in the European Economic Area, Switzerland and the United Kingdom: when the issuer declares current listings in other jurisdictions too, they appear with their source, outside the ESMA register perimeter. Terminated or cancelled listings are not shown. The same fund may trade in different currencies depending on the exchange: check the trading currency with your broker.

DocumentsIn this sectionDocuments FAQ

Official documents

Key Information Document (KID)PDF in English, from the issuer’s site — always the latest filed version ProspectusPDF in English, from the issuer’s site — the fund’s full legal document FactsheetPDF in English, from the issuer’s site — the fund’s monthly snapshot

The KID is the document the law requires you to read before investing: 3 pages covering risks, costs and scenarios. The link opens the issuer’s published PDF.

Frequently asked questions

Which index does Amundi Core MSCI World UCITS ETF Acc track?

The issuer Amundi declares the benchmark: MSCI World Net Total Return USD Index.

How much does MWRD cost?

The issuer-declared TER is 0.12% per year; the transaction costs estimated in the KID are 0.01%.

How is MWRD taxed in Italy?

On sale, the capital gain is taxed at an effective 26.00% rate (white-list share 0.00%): 12.5% on the government-bond “white list” portion, 26% on the rest.

What is the fund size of MWRD?

The fund size declared by Amundi is about 15.7 billion euro.

When was MWRD launched?

The fund was launched on 17 January 2024: it has 2 years of history.

How does MWRD replicate its index?

It is a passively managed ETF: it follows the declared index. Physical (issuer wording: “Direct(Physical)”).

Does MWRD pay dividends?

No: it is an accumulating share class — income stays in the fund and is reinvested automatically (issuer wording: “Capitalisation”).

Where does MWRD trade?

Per the official ESMA register (FIRDS) and the issuer’s documents it is listed on 6 exchanges with a ticker available, including Borsa Italiana (ETFplus) (MWRD), Euronext Amsterdam (WRDU), Euronext Paris (MWRD), London Stock Exchange (MWRU), SIX Swiss Exchange (MWRD), Xetra (Deutsche Börse) (MWRD).

What was MWRD's worst fall?

Over the available history (since 2024), the maximum drawdown was -16.57%, reached in April 2025. Past performance is not indicative of future results.

How many positions does MWRD publish?

The list published by the issuer and archived by Rebalix has 1,255 rows; the top 10 weigh 26.6%. The issuer does not declare the list as complete: rows are reported as published, weights included, even where a position has zero weight.

Transparency note

The data in this sheet is declared by Amundi in the issuer’s official files and endpoints, collected by Rebalix with a monthly refresh; taxation derives from the issuer’s tax documents (Italian Law Decree 138/2011). This is factual information for informational purposes only: it is not financial or tax advice, nor an investment recommendation. Read the fund’s KID and prospectus before investing.

Do you represent the issuer? Report a correction or an update