AGBP.L vs. SWDA.L
Compare and contrast key facts about iShares Core Global Aggregate Bond UCITS ETF GBP Hedged (Dist) (AGBP.L) and iShares Core MSCI World UCITS ETF USD (Acc) (SWDA.L).
AGBP.L and SWDA.L are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. AGBP.L is a passively managed fund by iShares that tracks the performance of the Bloomberg Global Aggregate TR Hdg GBP. It was launched on Nov 21, 2017. SWDA.L is a passively managed fund by iShares that tracks the performance of the MSCI ACWI NR USD. It was launched on Sep 25, 2009. Both AGBP.L and SWDA.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: AGBP.L or SWDA.L.
Key characteristics
| AGBP.L | SWDA.L | |
|---|---|---|
| YTD Return | 0.94% | 10.44% |
| 1Y Return | 4.46% | 17.87% |
| 3Y Return (Ann) | -3.36% | 8.81% |
| 5Y Return (Ann) | -1.74% | 10.65% |
| Sharpe Ratio | 0.96 | 1.74 |
| Daily Std Dev | 4.67% | 9.54% |
| Max Drawdown | -18.79% | -25.58% |
| Current Drawdown | -11.90% | -2.72% |
Correlation
The correlation between AGBP.L and SWDA.L is 0.36, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.
Performance
AGBP.L vs. SWDA.L - Performance Comparison
In the year-to-date period, AGBP.L achieves a 0.94% return, which is significantly lower than SWDA.L's 10.44% 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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AGBP.L vs. SWDA.L - Expense Ratio Comparison
AGBP.L has a 0.10% 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%.
Risk-Adjusted Performance
AGBP.L vs. SWDA.L - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for iShares Core Global Aggregate Bond UCITS ETF GBP Hedged (Dist) (AGBP.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.
Dividends
AGBP.L vs. SWDA.L - Dividend Comparison
AGBP.L's dividend yield for the trailing twelve months is around 2.65%, while SWDA.L has not paid dividends to shareholders.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | |
|---|---|---|---|---|---|---|---|
AGBP.L iShares Core Global Aggregate Bond UCITS ETF GBP Hedged (Dist) | 2.65% | 91.82% | 156.06% | 127.45% | 153.09% | 164.90% | 97.62% |
SWDA.L iShares Core MSCI World UCITS ETF USD (Acc) | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Drawdowns
AGBP.L vs. SWDA.L - Drawdown Comparison
The maximum AGBP.L drawdown since its inception was -18.79%, smaller than the maximum SWDA.L drawdown of -25.58%. Use the drawdown chart below to compare losses from any high point for AGBP.L and SWDA.L. For additional features, visit the drawdowns tool.
Volatility
AGBP.L vs. SWDA.L - Volatility Comparison
The current volatility for iShares Core Global Aggregate Bond UCITS ETF GBP Hedged (Dist) (AGBP.L) is 2.22%, while iShares Core MSCI World UCITS ETF USD (Acc) (SWDA.L) has a volatility of 3.01%. This indicates that AGBP.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.