AUCP.L vs. FWIA.DE
Compare and contrast key facts about L&G Gold Mining UCITS ETF (AUCP.L) and Invesco FTSE All-World UCITS ETF Acc (FWIA.DE).
AUCP.L and FWIA.DE are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. AUCP.L is a passively managed fund by LGIM Managers (Europe) Limited that tracks the performance of the EMIX Global Mining Global Gold TR USD. It was launched on Sep 11, 2008. FWIA.DE is a passively managed fund by Invesco that tracks the performance of the FTSE All-World. It was launched on Jun 26, 2023. Both AUCP.L and FWIA.DE 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: AUCP.L or FWIA.DE.
Key characteristics
| AUCP.L | FWIA.DE | |
|---|---|---|
| YTD Return | 25.06% | 23.92% |
| 1Y Return | 43.97% | 30.92% |
| Sharpe Ratio | 1.11 | 2.70 |
| Sortino Ratio | 1.74 | 3.68 |
| Omega Ratio | 1.22 | 1.56 |
| Calmar Ratio | 1.00 | 3.86 |
| Martin Ratio | 5.07 | 18.35 |
| Ulcer Index | 8.06% | 1.65% |
| Daily Std Dev | 36.57% | 11.19% |
| Max Drawdown | -77.57% | -7.83% |
| Current Drawdown | -16.71% | -0.65% |
Correlation
The correlation between AUCP.L and FWIA.DE is 0.37, 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
AUCP.L vs. FWIA.DE - Performance Comparison
The year-to-date returns for both stocks are quite close, with AUCP.L having a 25.06% return and FWIA.DE slightly lower at 23.92%. 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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AUCP.L vs. FWIA.DE - Expense Ratio Comparison
AUCP.L has a 0.65% expense ratio, which is higher than FWIA.DE's 0.15% expense ratio.
Risk-Adjusted Performance
AUCP.L vs. FWIA.DE - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for L&G Gold Mining UCITS ETF (AUCP.L) and Invesco FTSE All-World UCITS ETF Acc (FWIA.DE). 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
AUCP.L vs. FWIA.DE - Dividend Comparison
Neither AUCP.L nor FWIA.DE has paid dividends to shareholders.
Drawdowns
AUCP.L vs. FWIA.DE - Drawdown Comparison
The maximum AUCP.L drawdown since its inception was -77.57%, which is greater than FWIA.DE's maximum drawdown of -7.83%. Use the drawdown chart below to compare losses from any high point for AUCP.L and FWIA.DE. For additional features, visit the drawdowns tool.
Volatility
AUCP.L vs. FWIA.DE - Volatility Comparison
L&G Gold Mining UCITS ETF (AUCP.L) has a higher volatility of 9.45% compared to Invesco FTSE All-World UCITS ETF Acc (FWIA.DE) at 3.40%. This indicates that AUCP.L's price experiences larger fluctuations and is considered to be riskier than FWIA.DE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.