0TPE.L vs. SWDA.L
0TPE.L (iShares $ TIPS UCITS ETF EUR Hedged (Acc)) and SWDA.L (iShares Core MSCI World UCITS ETF USD (Acc)) are both exchange-traded funds - 0TPE.L is a Inflation-Protected Bonds fund tracking the Bloomberg US Government Inflation-Linked Bond Index, while SWDA.L is a Global Equities fund tracking the MSCI World Index. Both are passively managed. Over the past 5 years, 0TPE.L returned -1.56%/yr vs 12.40%/yr for SWDA.L. At a correlation of -0.02, they often move in opposite directions. 0TPE.L charges 0.12%/yr vs 0.20%/yr for SWDA.L.
Performance
0TPE.L vs. SWDA.L - Performance Comparison
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Different Trading Currencies
0TPE.L is traded in EUR, while SWDA.L is traded in GBp. To make them comparable, the SWDA.L values have been converted to EUR using the latest available exchange rates.
Returns By Period
In the year-to-date period, 0TPE.L achieves a -0.01% return, which is significantly lower than SWDA.L's 13.24% return.
0TPE.L
- 1D
- -0.01%
- 1M
- -0.75%
- 6M
- -0.38%
- YTD
- -0.01%
- 1Y
- 1.50%
- 3Y*
- 1.66%
- 5Y*
- -1.56%
- 10Y*
- —
SWDA.L
- 1D
- 0.12%
- 1M
- 1.74%
- 6M
- 11.16%
- YTD
- 13.24%
- 1Y
- 23.84%
- 3Y*
- 18.25%
- 5Y*
- 12.40%
- 10Y*
- 12.64%
0TPE.L vs. SWDA.L - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | |
|---|---|---|---|---|---|---|---|---|---|
0TPE.L iShares $ TIPS UCITS ETF EUR Hedged (Acc) | -0.01% | 4.47% | 0.00% | 1.38% | -13.90% | 4.61% | 8.93% | 6.01% | -2.26% |
SWDA.L iShares Core MSCI World UCITS ETF USD (Acc) | 13.24% | 6.76% | 26.95% | 20.08% | -13.06% | 31.68% | 6.15% | 30.86% | -1.89% |
Correlation
The correlation between 0TPE.L and SWDA.L is 0.13, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.13 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.03 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.03 |
Correlation (All Time) Calculated using the full available price history since Mar 8, 2018 | -0.02 |
The correlation between 0TPE.L and SWDA.L shifts across timeframes, from -0.02 (all time) to 0.13 (1 year), reflecting how their relationship changes across market environments.
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Return for Risk
0TPE.L vs. SWDA.L — Risk / Return Rank
0TPE.L
SWDA.L
0TPE.L vs. SWDA.L - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for iShares $ TIPS UCITS ETF EUR Hedged (Acc) (0TPE.L) and iShares Core MSCI World UCITS ETF USD (Acc) (SWDA.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.
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.
| 0TPE.L | SWDA.L | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -1.74 | ||
| Sortino ratioReturn per unit of downside risk | -2.41 | ||
| Omega ratioGain probability vs. loss probability | 1.08 | 1.40 | -0.32 |
| Calmar ratioReturn relative to maximum drawdown | 0.74 | 3.63 | -2.89 |
| Martin ratioReturn relative to average drawdown | 1.62 | 14.73 | -13.11 |
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Drawdowns
0TPE.L vs. SWDA.L - Drawdown Comparison
The maximum 0TPE.L drawdown since its inception was -18.53%, smaller than the maximum SWDA.L drawdown of -41.36%. Use the drawdown chart below to compare losses from any high point for 0TPE.L and SWDA.L.
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Drawdown Indicators
| 0TPE.L | SWDA.L | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -18.53% | -41.36% | +22.83% |
Max Drawdown (1Y)Largest decline over 1 year | -2.01% | -6.53% | +4.52% |
Max Drawdown (3Y)Largest decline over 3 years | -4.87% | -20.55% | +15.68% |
Max Drawdown (5Y)Largest decline over 5 years | -18.53% | -20.55% | +2.02% |
Max Drawdown (10Y)Largest decline over 10 years | — | -33.00% | — |
Current DrawdownCurrent decline from peak | -10.19% | 0.00% | -10.19% |
Average DrawdownAverage peak-to-trough decline | -7.44% | -8.73% | +1.29% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 0.93% | 1.61% | -0.68% |
Volatility
0TPE.L vs. SWDA.L - Volatility Comparison
The current volatility for iShares $ TIPS UCITS ETF EUR Hedged (Acc) (0TPE.L) is 1.19%, while iShares Core MSCI World UCITS ETF USD (Acc) (SWDA.L) has a volatility of 2.50%. This indicates that 0TPE.L experiences smaller price fluctuations and is considered to be less risky than SWDA.L based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| 0TPE.L | SWDA.L | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 1.19% | 2.50% | -1.31% |
Volatility (6M)Calculated over the trailing 6-month period | 2.91% | 7.95% | -5.04% |
Volatility (1Y)Calculated over the trailing 1-year period | 3.76% | 11.10% | -7.34% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 8.62% | 14.08% | -5.46% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 8.79% | 15.19% | -6.40% |
0TPE.L vs. SWDA.L - Expense Ratio Comparison
0TPE.L has a 0.12% expense ratio, which is lower than SWDA.L's 0.20% expense ratio. Despite the difference, both funds are considered low-cost compared to the broader market, where average expense ratios usually range from 0.3% to 0.9%.
Dividends
0TPE.L vs. SWDA.L - Dividend Comparison
Neither 0TPE.L nor SWDA.L has paid dividends to shareholders.
Frequently Asked Questions
0TPE.L and SWDA.L have a correlation of 0.13, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, 0TPE.L is cheaper at 0.12% per year. The better choice depends on whether you care most about return, fees, risk, or income.
0TPE.L is cheaper with a 0.12% expense ratio, compared with 0.20% for SWDA.L.
0TPE.L is categorized as Inflation-Protected Bonds, while SWDA.L is Global Equities. 0TPE.L tracks Bloomberg US Government Inflation-Linked Bond Index, while SWDA.L tracks MSCI World Index. Their fees differ too: 0.12% for 0TPE.L and 0.20% for SWDA.L.
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