AVWS.DE vs. IWQU.L
AVWS.DE (Avantis Global Small Cap Value UCITS ETF USD Acc EUR) and IWQU.L (iShares MSCI World Quality Factor UCITS) are both exchange-traded funds - AVWS.DE is a Foreign Small & Mid Cap Equities fund actively managed by Avantis, while IWQU.L is a Global Equities fund tracking the MSCI ACWI NR USD. AVWS.DE is actively managed, while IWQU.L is passively managed. Over the past year, AVWS.DE returned 39.51% vs 21.16% for IWQU.L. A 0.65 correlation means they provide meaningful diversification when combined. AVWS.DE charges 0.39%/yr vs 0.30%/yr for IWQU.L.
Performance
AVWS.DE vs. IWQU.L - Performance Comparison
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Different Trading Currencies
AVWS.DE is traded in EUR, while IWQU.L is traded in USD. To make them comparable, the IWQU.L values have been converted to EUR using the latest available exchange rates.
Returns By Period
In the year-to-date period, AVWS.DE achieves a 21.62% return, which is significantly higher than IWQU.L's 10.39% return.
AVWS.DE
- 1D
- 2.22%
- 1M
- 4.45%
- YTD
- 21.62%
- 6M
- 20.45%
- 1Y
- 39.51%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
IWQU.L
- 1D
- 1.81%
- 1M
- 2.28%
- YTD
- 10.39%
- 6M
- 11.62%
- 1Y
- 21.16%
- 3Y*
- 15.12%
- 5Y*
- 11.28%
- 10Y*
- 12.39%
AVWS.DE vs. IWQU.L - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | |
|---|---|---|---|
AVWS.DE Avantis Global Small Cap Value UCITS ETF USD Acc EUR | 21.62% | 7.86% | 5.81% |
IWQU.L iShares MSCI World Quality Factor UCITS | 10.39% | 1.60% | 5.05% |
Correlation
The correlation between AVWS.DE and IWQU.L is 0.62, 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 | 0.62 |
Correlation (All Time) Calculated using the full available price history since Oct 3, 2024 | 0.65 |
The correlation between AVWS.DE and IWQU.L has been stable across timeframes, ranging from 0.62 to 0.65 - a consistent structural relationship.
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Return for Risk
AVWS.DE vs. IWQU.L — Risk / Return Rank
AVWS.DE
IWQU.L
AVWS.DE vs. IWQU.L - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Avantis Global Small Cap Value UCITS ETF USD Acc EUR (AVWS.DE) and iShares MSCI World Quality Factor UCITS (IWQU.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.
| AVWS.DE | IWQU.L | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.95 | ||
| Sortino ratioReturn per unit of downside risk | +1.17 | ||
| Omega ratioGain probability vs. loss probability | 1.47 | 1.33 | +0.14 |
| Calmar ratioReturn relative to maximum drawdown | 6.23 | 3.36 | +2.87 |
| Martin ratioReturn relative to average drawdown | 23.97 | 13.07 | +10.90 |
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Drawdowns
AVWS.DE vs. IWQU.L - Drawdown Comparison
The maximum AVWS.DE drawdown since its inception was -25.20%, smaller than the maximum IWQU.L drawdown of -32.36%. Use the drawdown chart below to compare losses from any high point for AVWS.DE and IWQU.L.
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Drawdown Indicators
| AVWS.DE | IWQU.L | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -25.20% | -32.36% | +7.16% |
Max Drawdown (1Y)Largest decline over 1 year | -6.37% | -6.13% | -0.24% |
Max Drawdown (3Y)Largest decline over 3 years | — | -19.86% | — |
Max Drawdown (5Y)Largest decline over 5 years | — | -19.86% | — |
Max Drawdown (10Y)Largest decline over 10 years | — | -32.36% | — |
Current DrawdownCurrent decline from peak | 0.00% | 0.00% | 0.00% |
Average DrawdownAverage peak-to-trough decline | -5.06% | -4.67% | -0.39% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.71% | 1.58% | +0.13% |
Volatility
AVWS.DE vs. IWQU.L - Volatility Comparison
Avantis Global Small Cap Value UCITS ETF USD Acc EUR (AVWS.DE) has a higher volatility of 3.60% compared to iShares MSCI World Quality Factor UCITS (IWQU.L) at 3.18%. This indicates that AVWS.DE's price experiences larger fluctuations and is considered to be riskier than IWQU.L based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| AVWS.DE | IWQU.L | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 3.60% | 3.18% | +0.42% |
Volatility (6M)Calculated over the trailing 6-month period | 9.81% | 8.69% | +1.12% |
Volatility (1Y)Calculated over the trailing 1-year period | 14.66% | 11.70% | +2.96% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 18.27% | 14.99% | +3.28% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 18.27% | 15.79% | +2.48% |
AVWS.DE vs. IWQU.L - Expense Ratio Comparison
AVWS.DE has a 0.39% expense ratio, which is higher than IWQU.L's 0.30% expense ratio.
Dividends
AVWS.DE vs. IWQU.L - Dividend Comparison
Neither AVWS.DE nor IWQU.L has paid dividends to shareholders.
Frequently Asked Questions
AVWS.DE and IWQU.L have a correlation of 0.62, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, IWQU.L is cheaper at 0.30% per year. The better choice depends on whether you care most about return, fees, risk, or income.
IWQU.L is cheaper with a 0.30% expense ratio, compared with 0.39% for AVWS.DE.
AVWS.DE is categorized as Foreign Small & Mid Cap Equities, while IWQU.L is Global Equities. They also come from different issuers: Avantis and iShares. Their fees differ too: 0.39% for AVWS.DE and 0.30% for IWQU.L.
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