AGED.L vs. IWVL.L
AGED.L (iShares Ageing Population UCITS ETF USD (Acc)) and IWVL.L (iShares Edge MSCI World Value Factor UCITS ETF USD (Acc)) are both Global Equities funds from iShares - AGED.L tracks the Stoxx Global Ageing Population Net USD Index while IWVL.L tracks the MSCI World Enhanced Value Index. Both are passively managed. Over the past 5 years, AGED.L returned 6.82%/yr vs 16.26%/yr for IWVL.L. Their correlation of 0.80 suggests significant overlap in exposure. AGED.L charges 0.40%/yr vs 0.25%/yr for IWVL.L.
Performance
AGED.L vs. IWVL.L - Performance Comparison
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Returns By Period
In the year-to-date period, AGED.L achieves a 11.60% return, which is significantly lower than IWVL.L's 28.09% return.
AGED.L
- 1D
- 0.38%
- 1M
- 5.74%
- 6M
- 9.20%
- YTD
- 11.60%
- 1Y
- 26.99%
- 3Y*
- 15.90%
- 5Y*
- 6.82%
- 10Y*
- —
IWVL.L
- 1D
- -0.76%
- 1M
- -4.51%
- 6M
- 23.21%
- YTD
- 28.09%
- 1Y
- 55.92%
- 3Y*
- 26.25%
- 5Y*
- 16.26%
- 10Y*
- 12.28%
AGED.L vs. IWVL.L - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
AGED.L iShares Ageing Population UCITS ETF USD (Acc) | 11.60% | 26.75% | 7.86% | 9.03% | -14.29% | 4.61% | 13.29% | 19.47% | -13.28% | 22.24% |
IWVL.L iShares Edge MSCI World Value Factor UCITS ETF USD (Acc) | 28.09% | 40.42% | 5.13% | 19.53% | -9.79% | 20.11% | -3.67% | 18.13% | -14.03% | 22.60% |
Correlation
The correlation between AGED.L and IWVL.L is 0.60, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.60 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.70 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.78 |
Correlation (All Time) Calculated using the full available price history since Sep 8, 2016 | 0.80 |
Over the past year, the correlation between AGED.L and IWVL.L has dropped to 0.60 - well below their long-term average of 0.80, suggesting their price drivers have been diverging.
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Return for Risk
AGED.L vs. IWVL.L — Risk / Return Rank
AGED.L
IWVL.L
AGED.L vs. IWVL.L - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for iShares Ageing Population UCITS ETF USD (Acc) (AGED.L) and iShares Edge MSCI World Value Factor UCITS ETF USD (Acc) (IWVL.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.
| AGED.L | IWVL.L | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -1.52 | ||
| Sortino ratioReturn per unit of downside risk | -1.97 | ||
| Omega ratioGain probability vs. loss probability | 1.32 | 1.58 | -0.26 |
| Calmar ratioReturn relative to maximum drawdown | 3.20 | 6.37 | -3.17 |
| Martin ratioReturn relative to average drawdown | 11.64 | 21.66 | -10.01 |
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Drawdowns
AGED.L vs. IWVL.L - Drawdown Comparison
The maximum AGED.L drawdown since its inception was -40.12%, roughly equal to the maximum IWVL.L drawdown of -39.30%. Use the drawdown chart below to compare losses from any high point for AGED.L and IWVL.L.
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Drawdown Indicators
| AGED.L | IWVL.L | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -40.12% | -39.30% | -0.82% |
Max Drawdown (1Y)Largest decline over 1 year | -8.40% | -8.74% | +0.34% |
Max Drawdown (3Y)Largest decline over 3 years | -16.38% | -14.46% | -1.92% |
Max Drawdown (5Y)Largest decline over 5 years | -27.68% | -26.55% | -1.13% |
Max Drawdown (10Y)Largest decline over 10 years | — | -39.30% | — |
Current DrawdownCurrent decline from peak | -0.65% | -5.48% | +4.83% |
Average DrawdownAverage peak-to-trough decline | -8.54% | -7.44% | -1.10% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.31% | 2.57% | -0.26% |
Volatility
AGED.L vs. IWVL.L - Volatility Comparison
The current volatility for iShares Ageing Population UCITS ETF USD (Acc) (AGED.L) is 3.75%, while iShares Edge MSCI World Value Factor UCITS ETF USD (Acc) (IWVL.L) has a volatility of 6.00%. This indicates that AGED.L experiences smaller price fluctuations and is considered to be less risky than IWVL.L based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| AGED.L | IWVL.L | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 3.75% | 6.00% | -2.25% |
Volatility (6M)Calculated over the trailing 6-month period | 12.23% | 14.90% | -2.67% |
Volatility (1Y)Calculated over the trailing 1-year period | 15.33% | 17.04% | -1.71% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 17.78% | 16.28% | +1.50% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 17.74% | 16.90% | +0.84% |
AGED.L vs. IWVL.L - Expense Ratio Comparison
AGED.L has a 0.40% expense ratio, which is higher than IWVL.L's 0.25% expense ratio.
Dividends
AGED.L vs. IWVL.L - Dividend Comparison
Neither AGED.L nor IWVL.L has paid dividends to shareholders.
Frequently Asked Questions
AGED.L and IWVL.L have a correlation of 0.60, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, IWVL.L is cheaper at 0.25% per year. The better choice depends on whether you care most about return, fees, risk, or income.
IWVL.L is cheaper with a 0.25% expense ratio, compared with 0.40% for AGED.L.
AGED.L tracks Stoxx Global Ageing Population Net USD Index, while IWVL.L tracks MSCI World Enhanced Value Index. Their fees differ too: 0.40% for AGED.L and 0.25% for IWVL.L.
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