AGED.L vs. WMVG.L

Last updated Jul 18, 2026

AGED.L (iShares Ageing Population UCITS ETF USD (Acc)) and WMVG.L (iShares Edge MSCI World Minimum Volatility UCITS ETF GBP Hedged (Acc)) are both Global Equities funds from iShares - AGED.L tracks the Stoxx Global Ageing Population Net USD Index while WMVG.L tracks the MSCI World Minimum Volatility. Both are passively managed. Over the past 5 years, AGED.L returned 6.70%/yr vs 5.60%/yr for WMVG.L. A 0.66 correlation means they provide meaningful diversification when combined. AGED.L charges 0.40%/yr vs 0.35%/yr for WMVG.L.

Performance

AGED.L vs. WMVG.L - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in iShares Ageing Population UCITS ETF USD (Acc) (AGED.L) and iShares Edge MSCI World Minimum Volatility UCITS ETF GBP Hedged (Acc) (WMVG.L). The values are adjusted to include any dividend payments, if applicable.

Different Trading Currencies

AGED.L is traded in USD, while WMVG.L is traded in GBP. To make them comparable, the WMVG.L values have been converted to USD using the latest available exchange rates.

Returns By Period

In the year-to-date period, AGED.L achieves a 10.97% return, which is significantly higher than WMVG.L's 3.85% return.

AGED.L

• 1D: -0.56%
• 1M: 4.63%
• 6M: 8.81%
• YTD: 10.97%
• 1Y: 24.79%
• 3Y*: 15.35%
• 5Y*: 6.70%
• 10Y*: —

WMVG.L

• 1D: 0.52%
• 1M: 3.71%
• 6M: 4.33%
• YTD: 3.85%
• 1Y: 6.72%
• 3Y*: 11.38%
• 5Y*: 5.60%
• 10Y*: —

*Multi-year figures are annualized to reflect compound growth (CAGR)

AGED.L vs. WMVG.L - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019
AGED.L iShares Ageing Population UCITS ETF USD (Acc)	10.97%	26.75%	7.86%	9.03%	-14.29%	4.61%	13.29%	7.85%
WMVG.L iShares Edge MSCI World Minimum Volatility UCITS ETF GBP Hedged (Acc)	3.85%	17.30%	12.56%	13.02%	-18.11%	15.90%	1.73%	11.44%

Correlation

The correlation between AGED.L and WMVG.L is 0.56, 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	0.56
Correlation (3Y) Calculated over the trailing 3-year period	0.58
Correlation (5Y) Calculated over the trailing 5-year period	0.65
Correlation (All Time) Calculated using the full available price history since Feb 27, 2019	0.66

The correlation between AGED.L and WMVG.L has been stable across timeframes, ranging from 0.56 to 0.66 - a consistent structural relationship.

Return for Risk

AGED.L vs. WMVG.L — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

AGED.L

AGED.L Risk / Return Rank: 71
AGED.L Sharpe Ratio Rank: 66
AGED.L Sortino Ratio Rank: 69
AGED.L Omega Ratio Rank: 65
AGED.L Calmar Ratio Rank: 77
AGED.L Martin Ratio Rank: 77

WMVG.L

WMVG.L Risk / Return Rank: 29
WMVG.L Sharpe Ratio Rank: 29
WMVG.L Sortino Ratio Rank: 28
WMVG.L Omega Ratio Rank: 27
WMVG.L Calmar Ratio Rank: 32
WMVG.L Martin Ratio Rank: 28

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

AGED.L vs. WMVG.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 Minimum Volatility UCITS ETF GBP Hedged (Acc) (WMVG.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	WMVG.L	Difference
Sharpe ratio: Return per unit of total volatility	1.61	0.66	+0.95
Sortino ratio: Return per unit of downside risk	2.38	0.97	+1.42
Omega ratio: Gain probability vs. loss probability	1.29	1.12	+0.17
Calmar ratio: Return relative to maximum drawdown	2.94	1.02	+1.92
Martin ratio: Return relative to average drawdown	10.69	2.28	+8.41

AGED.L vs. WMVG.L - Sharpe Ratio Comparison

The current AGED.L Sharpe Ratio is 1.61, which is higher than the WMVG.L Sharpe Ratio of 0.66. The chart below compares the historical Sharpe Ratios of AGED.L and WMVG.L, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Drawdowns

AGED.L vs. WMVG.L - Drawdown Comparison

The maximum AGED.L drawdown since its inception was -40.12%, which is greater than WMVG.L's maximum drawdown of -36.20%. Use the drawdown chart below to compare losses from any high point for AGED.L and WMVG.L.

Drawdown Indicators

	AGED.L	WMVG.L	Difference
Max Drawdown Largest peak-to-trough decline	-40.12%	-36.20%	-3.92%
Max Drawdown (1Y) Largest decline over 1 year	-8.40%	-6.55%	-1.85%
Max Drawdown (3Y) Largest decline over 3 years	-16.38%	-11.54%	-4.84%
Max Drawdown (5Y) Largest decline over 5 years	-27.68%	-32.15%	+4.47%
Current Drawdown Current decline from peak	-1.21%	-0.96%	-0.25%
Average Drawdown Average peak-to-trough decline	-8.53%	-7.02%	-1.51%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.31%	2.94%	-0.63%

Volatility

AGED.L vs. WMVG.L - Volatility Comparison

iShares Ageing Population UCITS ETF USD (Acc) (AGED.L) has a higher volatility of 3.66% compared to iShares Edge MSCI World Minimum Volatility UCITS ETF GBP Hedged (Acc) (WMVG.L) at 1.82%. This indicates that AGED.L's price experiences larger fluctuations and is considered to be riskier than WMVG.L based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	AGED.L	WMVG.L	Difference
Volatility (1M) Calculated over the trailing 1-month period	3.66%	1.82%	+1.84%
Volatility (6M) Calculated over the trailing 6-month period	12.24%	7.27%	+4.97%
Volatility (1Y) Calculated over the trailing 1-year period	15.34%	10.09%	+5.25%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	17.77%	14.84%	+2.93%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	17.74%	16.73%	+1.01%

AGED.L vs. WMVG.L - Expense Ratio Comparison

AGED.L has a 0.40% expense ratio, which is higher than WMVG.L's 0.35% expense ratio.

Dividends

AGED.L vs. WMVG.L - Dividend Comparison

Neither AGED.L nor WMVG.L has paid dividends to shareholders.

Tickers have no history of dividend payments

Frequently Asked Questions

Can I hold both AGED.L and WMVG.L in my portfolio?

AGED.L and WMVG.L have a correlation of 0.56, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, AGED.L or WMVG.L?

On fees, WMVG.L is cheaper at 0.35% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, AGED.L or WMVG.L?

WMVG.L is cheaper with a 0.35% expense ratio, compared with 0.40% for AGED.L.

What is the main difference between AGED.L and WMVG.L?

AGED.L tracks Stoxx Global Ageing Population Net USD Index, while WMVG.L tracks MSCI World Minimum Volatility. Their fees differ too: 0.40% for AGED.L and 0.35% for WMVG.L.