AWP vs. AGD

Last updated Jun 4, 2026

AWP (abrdn Global Premier Properties Fund) and AGD (abrdn Global Dynamic Dividend Fund) are both mutual funds - AWP is a REIT fund actively managed by abrdn, while AGD is a Global Equity Income fund actively managed by abrdn. Both are actively managed. Over the past 10 years, AWP returned 6.71%/yr vs 13.34%/yr for AGD. A 0.55 correlation means they provide meaningful diversification when combined. AWP charges 1.19%/yr vs 1.14%/yr for AGD.

Performance

AWP vs. AGD - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in abrdn Global Premier Properties Fund (AWP) and abrdn Global Dynamic Dividend Fund (AGD). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, AWP achieves a 3.18% return, which is significantly lower than AGD's 13.13% return. Over the past 10 years, AWP has underperformed AGD with an annualized return of 6.71%, while AGD has yielded a comparatively higher 13.34% annualized return.

AWP

• 1D: -0.44%
• 1M: -3.34%
• YTD: 3.18%
• 6M: 2.11%
• 1Y: 7.44%
• 3Y*: 12.51%
• 5Y*: -0.49%
• 10Y*: 6.71%

AGD

• 1D: -0.48%
• 1M: 3.19%
• YTD: 13.13%
• 6M: 14.59%
• 1Y: 36.12%
• 3Y*: 23.04%
• 5Y*: 10.57%
• 10Y*: 13.34%

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

AWP vs. AGD - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
AWP abrdn Global Premier Properties Fund	3.18%	12.43%	12.23%	12.58%	-37.13%	40.41%	-10.29%	42.52%	-18.47%	44.91%
AGD abrdn Global Dynamic Dividend Fund	13.13%	34.31%	16.39%	7.36%	-15.31%	23.74%	9.49%	32.49%	-14.98%	33.04%

Correlation

The correlation between AWP and AGD is 0.29, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.29
Correlation (3Y) Calculated over the trailing 3-year period	0.44
Correlation (5Y) Calculated over the trailing 5-year period	0.54
Correlation (10Y) Calculated over the trailing 10-year period	0.53
Correlation (All Time) Calculated using the full available price history since Apr 27, 2007	0.55

Over the past year, the correlation between AWP and AGD has dropped to 0.29 - well below their long-term average of 0.55, suggesting their price drivers have been diverging.

Return for Risk

AWP vs. AGD — Risk / Return Rank

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

AWP

AWP Risk / Return Rank: 6
AWP Sharpe Ratio Rank: 7
AWP Sortino Ratio Rank: 6
AWP Omega Ratio Rank: 6
AWP Calmar Ratio Rank: 6
AWP Martin Ratio Rank: 7

AGD

AGD Risk / Return Rank: 23
AGD Sharpe Ratio Rank: 28
AGD Sortino Ratio Rank: 19
AGD Omega Ratio Rank: 34
AGD Calmar Ratio Rank: 24
AGD Martin Ratio Rank: 13

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.

AWP vs. AGD - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for abrdn Global Premier Properties Fund (AWP) and abrdn Global Dynamic Dividend Fund (AGD). 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.

	AWP	AGD	Difference
Sharpe ratio: Return per unit of total volatility	0.53	1.52	-0.99
Sortino ratio: Return per unit of downside risk	0.83	1.81	-0.97
Omega ratio: Gain probability vs. loss probability	1.10	1.30	-0.20
Calmar ratio: Return relative to maximum drawdown	0.53	1.79	-1.26
Martin ratio: Return relative to average drawdown	2.15	3.85	-1.69
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

AWP vs. AGD - Sharpe Ratio Comparison

The current AWP Sharpe Ratio is 0.53, which is lower than the AGD Sharpe Ratio of 1.52. The chart below compares the historical Sharpe Ratios of AWP and AGD, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Sharpe Ratios by Period

	AWP	AGD	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	0.53	1.52	-0.99
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	-0.02	0.56	-0.58
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.28	0.68	-0.40
Sharpe Ratio (All Time) Calculated using the full available price history	0.06	0.18	-0.12

Drawdowns

AWP vs. AGD - Drawdown Comparison

The maximum AWP drawdown since its inception was -85.93%, which is greater than AGD's maximum drawdown of -76.36%. Use the drawdown chart below to compare losses from any high point for AWP and AGD.

Drawdown Indicators

	AWP	AGD	Difference
Max Drawdown Largest peak-to-trough decline	-85.93%	-76.36%	-9.57%
Max Drawdown (1Y) Largest decline over 1 year	-14.14%	-20.25%	+6.11%
Max Drawdown (3Y) Largest decline over 3 years	-23.09%	-20.25%	-2.84%
Max Drawdown (5Y) Largest decline over 5 years	-43.93%	-28.16%	-15.77%
Max Drawdown (10Y) Largest decline over 10 years	-53.95%	-44.12%	-9.83%
Current Drawdown Current decline from peak	-7.85%	-2.16%	-5.69%
Average Drawdown Average peak-to-trough decline	-27.39%	-29.90%	+2.51%
Ulcer Index Depth and duration of drawdowns from previous peaks	3.46%	9.42%	-5.96%

Volatility

AWP vs. AGD - Volatility Comparison

abrdn Global Premier Properties Fund (AWP) and abrdn Global Dynamic Dividend Fund (AGD) have volatilities of 4.42% and 4.22%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	AWP	AGD	Difference
Volatility (1M) Calculated over the trailing 1-month period	4.42%	4.22%	+0.20%
Volatility (6M) Calculated over the trailing 6-month period	11.12%	16.32%	-5.20%
Volatility (1Y) Calculated over the trailing 1-year period	14.00%	23.88%	-9.88%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	22.16%	18.98%	+3.18%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	23.63%	19.60%	+4.03%

AWP vs. AGD - Expense Ratio Comparison

AWP has a 1.19% expense ratio, which is higher than AGD's 1.14% expense ratio.

Dividends

AWP vs. AGD - Dividend Comparison

AWP's dividend yield for the trailing twelve months is around 12.74%, more than AGD's 11.07% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
AGD abrdn Global Dynamic Dividend Fund	11.07%	11.41%	10.46%	8.35%	8.25%	6.45%	7.47%	7.50%	9.17%	7.22%	8.89%	8.77%
AWP abrdn Global Premier Properties Fund	12.74%	12.50%	12.44%	12.37%	12.31%	7.02%	9.13%	8.49%	12.05%	8.90%	11.70%	10.40%

Frequently Asked Questions

Can I hold both AWP and AGD in my portfolio?

AWP and AGD have a correlation of 0.29, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, AWP or AGD?

AWP has higher volatility (4.42%) compared to AGD (4.22%). In terms of maximum drawdown, AWP dropped -85.93% vs AGD's -76.36%.

Which has better risk-adjusted returns?

AGD currently has the higher Sharpe Ratio (1.52 vs 0.53), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.