AXSM vs. IWDA.L
Compare and contrast key facts about Axsome Therapeutics, Inc. (AXSM) and iShares Core MSCI World UCITS ETF USD (Acc) (IWDA.L).
IWDA.L is a passively managed fund by iShares that tracks the performance of the MSCI World Index. It was launched on Sep 25, 2009.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: AXSM or IWDA.L.
Key characteristics
| AXSM | IWDA.L | |
|---|---|---|
| YTD Return | -2.83% | 8.53% |
| 1Y Return | -0.55% | 23.67% |
| 3Y Return (Ann) | 9.83% | 7.03% |
| 5Y Return (Ann) | 27.08% | 11.80% |
| Sharpe Ratio | -0.05 | 2.07 |
| Daily Std Dev | 46.25% | 11.58% |
| Max Drawdown | -86.65% | -34.11% |
| Current Drawdown | -27.20% | -0.14% |
Correlation
The correlation between AXSM and IWDA.L is 0.17, 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
AXSM vs. IWDA.L - Performance Comparison
In the year-to-date period, AXSM achieves a -2.83% return, which is significantly lower than IWDA.L's 8.53% return. 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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Risk-Adjusted Performance
AXSM vs. IWDA.L - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Axsome Therapeutics, Inc. (AXSM) and iShares Core MSCI World UCITS ETF USD (Acc) (IWDA.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.
Dividends
AXSM vs. IWDA.L - Dividend Comparison
Neither AXSM nor IWDA.L has paid dividends to shareholders.
Drawdowns
AXSM vs. IWDA.L - Drawdown Comparison
The maximum AXSM drawdown since its inception was -86.65%, which is greater than IWDA.L's maximum drawdown of -34.11%. Use the drawdown chart below to compare losses from any high point for AXSM and IWDA.L. For additional features, visit the drawdowns tool.
Volatility
AXSM vs. IWDA.L - Volatility Comparison
Axsome Therapeutics, Inc. (AXSM) has a higher volatility of 11.55% compared to iShares Core MSCI World UCITS ETF USD (Acc) (IWDA.L) at 4.16%. This indicates that AXSM's price experiences larger fluctuations and is considered to be riskier than IWDA.L based on this measure. The chart below showcases a comparison of their rolling one-month volatility.