^AW03 vs. ^IBEX
Compare and contrast key facts about FTSE All World ex UK Index (^AW03) and IBEX 35 Index (^IBEX).
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: ^AW03 or ^IBEX.
Key characteristics
| ^AW03 | ^IBEX | |
|---|---|---|
| YTD Return | 13.69% | 14.24% |
| 1Y Return | 20.57% | 20.85% |
| 3Y Return (Ann) | 3.81% | 9.32% |
| 5Y Return (Ann) | 9.29% | 4.68% |
| 10Y Return (Ann) | 7.01% | 0.66% |
| Sharpe Ratio | 2.50 | 1.64 |
| Daily Std Dev | 10.66% | 13.06% |
| Max Drawdown | -58.89% | -62.65% |
| Current Drawdown | -0.84% | -27.63% |
Correlation
The correlation between ^AW03 and ^IBEX is 0.64, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.
Performance
^AW03 vs. ^IBEX - Performance Comparison
The year-to-date returns for both investments are quite close, with ^AW03 having a 13.69% return and ^IBEX slightly higher at 14.24%. Over the past 10 years, ^AW03 has outperformed ^IBEX with an annualized return of 7.01%, while ^IBEX has yielded a comparatively lower 0.66% annualized return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
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Risk-Adjusted Performance
^AW03 vs. ^IBEX - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for FTSE All World ex UK Index (^AW03) and IBEX 35 Index (^IBEX). 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.
Drawdowns
^AW03 vs. ^IBEX - Drawdown Comparison
The maximum ^AW03 drawdown since its inception was -58.89%, smaller than the maximum ^IBEX drawdown of -62.65%. Use the drawdown chart below to compare losses from any high point for ^AW03 and ^IBEX. For additional features, visit the drawdowns tool.
Volatility
^AW03 vs. ^IBEX - Volatility Comparison
The current volatility for FTSE All World ex UK Index (^AW03) is 3.19%, while IBEX 35 Index (^IBEX) has a volatility of 4.10%. This indicates that ^AW03 experiences smaller price fluctuations and is considered to be less risky than ^IBEX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.