ACWD.L vs. ACWI.L
Compare and contrast key facts about SSgA SPDR MSCI ACWI (ACWD.L) and SPDR MSCI ACWI UCITS ETF (ACWI.L).
ACWD.L and ACWI.L are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. ACWD.L is a passively managed fund by State Street that tracks the performance of the MSCI ACWI NR USD. It was launched on May 13, 2011. ACWI.L is a passively managed fund by State Street that tracks the performance of the MSCI ACWI NR USD. It was launched on May 13, 2011. Both ACWD.L and ACWI.L are passive ETFs, meaning that they are not actively managed but aim to replicate the performance of the underlying index as closely as possible.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: ACWD.L or ACWI.L.
Key characteristics
ACWD.L | ACWI.L | |
---|---|---|
YTD Return | 18.18% | 15.91% |
1Y Return | 34.53% | 25.81% |
3Y Return (Ann) | 6.48% | 8.56% |
5Y Return (Ann) | 11.69% | 11.54% |
10Y Return (Ann) | 9.58% | 11.98% |
Sharpe Ratio | 3.01 | 2.66 |
Sortino Ratio | 4.26 | 3.66 |
Omega Ratio | 1.56 | 1.50 |
Calmar Ratio | 2.43 | 4.08 |
Martin Ratio | 19.78 | 18.17 |
Ulcer Index | 1.74% | 1.46% |
Daily Std Dev | 11.41% | 9.96% |
Max Drawdown | -33.64% | -41.43% |
Current Drawdown | -0.79% | -0.45% |
Correlation
The correlation between ACWD.L and ACWI.L is 0.87, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.
Performance
ACWD.L vs. ACWI.L - Performance Comparison
In the year-to-date period, ACWD.L achieves a 18.18% return, which is significantly higher than ACWI.L's 15.91% return. Over the past 10 years, ACWD.L has underperformed ACWI.L with an annualized return of 9.58%, while ACWI.L has yielded a comparatively higher 11.98% 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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ACWD.L vs. ACWI.L - Expense Ratio Comparison
Both ACWD.L and ACWI.L have an expense ratio of 0.40%.
Risk-Adjusted Performance
ACWD.L vs. ACWI.L - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for SSgA SPDR MSCI ACWI (ACWD.L) and SPDR MSCI ACWI UCITS ETF (ACWI.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.
Dividends
ACWD.L vs. ACWI.L - Dividend Comparison
Neither ACWD.L nor ACWI.L has paid dividends to shareholders.
Drawdowns
ACWD.L vs. ACWI.L - Drawdown Comparison
The maximum ACWD.L drawdown since its inception was -33.64%, smaller than the maximum ACWI.L drawdown of -41.43%. Use the drawdown chart below to compare losses from any high point for ACWD.L and ACWI.L. For additional features, visit the drawdowns tool.
Volatility
ACWD.L vs. ACWI.L - Volatility Comparison
The current volatility for SSgA SPDR MSCI ACWI (ACWD.L) is 2.13%, while SPDR MSCI ACWI UCITS ETF (ACWI.L) has a volatility of 2.27%. This indicates that ACWD.L experiences smaller price fluctuations and is considered to be less risky than ACWI.L based on this measure. The chart below showcases a comparison of their rolling one-month volatility.