BA.L vs. WQDS.L
BA.L (BAE Systems plc) is a stock, while WQDS.L (iShares MSCI World Quality Dividend ESG UCITS ETF USD (Dist)) is Global Equities fund tracking the MSCI World High Dividend Yield ESG Reduced Carbon Target Select Index. Over the past 5 years, BA.L returned 32.09%/yr vs 13.73%/yr for WQDS.L. At a 0.31 correlation, their price movements are largely independent.
Performance
BA.L vs. WQDS.L - Performance Comparison
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Returns By Period
In the year-to-date period, BA.L achieves a 10.86% return, which is significantly lower than WQDS.L's 14.94% return.
BA.L
- 1D
- -0.45%
- 1M
- -6.61%
- YTD
- 10.86%
- 6M
- 15.62%
- 1Y
- -2.20%
- 3Y*
- 28.61%
- 5Y*
- 32.09%
- 10Y*
- 18.29%
WQDS.L
- 1D
- -0.11%
- 1M
- 7.57%
- YTD
- 14.94%
- 6M
- 15.83%
- 1Y
- 33.14%
- 3Y*
- 17.37%
- 5Y*
- 13.73%
- 10Y*
- —
BA.L vs. WQDS.L - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
BA.L BAE Systems plc | 10.86% | 52.12% | 5.88% | 33.31% | 60.92% | 17.57% | -9.28% | 28.43% | -16.75% | -11.86% |
WQDS.L iShares MSCI World Quality Dividend ESG UCITS ETF USD (Dist) | 14.94% | 16.53% | 12.46% | 11.62% | 4.66% | 18.72% | -2.56% | 19.86% | -1.40% | 2.29% |
Correlation
The correlation between BA.L and WQDS.L is 0.08, meaning there is essentially no relationship between their price movements. Each responds to its own set of market drivers, making them strong candidates for combining in a diversified portfolio.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.08 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.21 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.20 |
Correlation (All Time) Calculated using the full available price history since Jun 15, 2017 | 0.31 |
Over the past year, the correlation between BA.L and WQDS.L has dropped to 0.08 - well below their long-term average of 0.31, suggesting their price drivers have been diverging.
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Return for Risk
BA.L vs. WQDS.L — Risk / Return Rank
BA.L
WQDS.L
BA.L vs. WQDS.L - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for BAE Systems plc (BA.L) and iShares MSCI World Quality Dividend ESG UCITS ETF USD (Dist) (WQDS.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.
| BA.L | WQDS.L | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -3.25 | ||
| Sortino ratioReturn per unit of downside risk | -4.45 | ||
| Omega ratioGain probability vs. loss probability | 1.01 | 1.59 | -0.58 |
| Calmar ratioReturn relative to maximum drawdown | -0.10 | 4.89 | -4.99 |
| Martin ratioReturn relative to average drawdown | -0.22 | 18.17 | -18.39 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| BA.L | WQDS.L | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | -0.07 | 3.18 | -3.25 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 1.24 | 1.19 | +0.06 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.73 | — | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.32 | 0.80 | -0.48 |
Drawdowns
BA.L vs. WQDS.L - Drawdown Comparison
The maximum BA.L drawdown since its inception was -84.46%, which is greater than WQDS.L's maximum drawdown of -24.24%. Use the drawdown chart below to compare losses from any high point for BA.L and WQDS.L.
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Drawdown Indicators
| BA.L | WQDS.L | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -84.46% | -24.24% | -60.22% |
Max Drawdown (1Y)Largest decline over 1 year | -21.30% | -6.75% | -14.55% |
Max Drawdown (3Y)Largest decline over 3 years | -21.30% | -14.93% | -6.37% |
Max Drawdown (5Y)Largest decline over 5 years | -21.30% | -14.93% | -6.37% |
Max Drawdown (10Y)Largest decline over 10 years | -37.80% | — | — |
Current DrawdownCurrent decline from peak | -18.48% | -0.11% | -18.37% |
Average DrawdownAverage peak-to-trough decline | -21.36% | -2.87% | -18.49% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 9.99% | 1.82% | +8.17% |
Volatility
BA.L vs. WQDS.L - Volatility Comparison
BAE Systems plc (BA.L) has a higher volatility of 10.09% compared to iShares MSCI World Quality Dividend ESG UCITS ETF USD (Dist) (WQDS.L) at 3.10%. This indicates that BA.L's price experiences larger fluctuations and is considered to be riskier than WQDS.L based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| BA.L | WQDS.L | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 10.09% | 3.10% | +6.99% |
Volatility (6M)Calculated over the trailing 6-month period | 23.80% | 7.73% | +16.07% |
Volatility (1Y)Calculated over the trailing 1-year period | 30.10% | 10.39% | +19.71% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 25.81% | 11.58% | +14.23% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 25.07% | 13.22% | +11.85% |
Dividends
BA.L vs. WQDS.L - Dividend Comparison
BA.L's dividend yield for the trailing twelve months is around 0.72%, less than WQDS.L's 2.91% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
BA.L BAE Systems plc | 0.72% | 1.99% | 2.69% | 2.53% | 2.99% | 4.40% | 4.75% | 4.00% | 4.79% | 3.75% | 3.57% | 4.14% |
WQDS.L iShares MSCI World Quality Dividend ESG UCITS ETF USD (Dist) | 2.91% | 3.12% | 3.24% | 3.55% | 3.56% | 3.71% | 3.84% | 3.98% | 4.19% | 1.05% | 0.00% | 0.00% |
Frequently Asked Questions
BA.L and WQDS.L have a correlation of 0.08, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
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