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BUYB.L vs. IWVG.L
Performance
Return for Risk
Drawdowns
Volatility
Dividends

BUYB.L vs. IWVG.L

Last updated Jun 4, 2026

BUYB.L (Invesco Global Buyback Achievers UCITS ETF) and IWVG.L (iShares Edge MSCI World Value Factor UCITS ETF USD (Dist)) are both Global Equities funds - BUYB.L tracks the MSCI ACWI NR USD while IWVG.L tracks the MSCI ACWI Value NR USD. Both are passively managed. Over the past 5 years, BUYB.L returned 9.61%/yr vs 15.45%/yr for IWVG.L. Their correlation of 0.84 suggests significant overlap in exposure. BUYB.L charges 0.39%/yr vs 0.30%/yr for IWVG.L.

Performance

BUYB.L vs. IWVG.L - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Invesco Global Buyback Achievers UCITS ETF (BUYB.L) and iShares Edge MSCI World Value Factor UCITS ETF USD (Dist) (IWVG.L). The values are adjusted to include any dividend payments, if applicable.

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Different Trading Currencies

BUYB.L is traded in USD, while IWVG.L is traded in GBP. To make them comparable, the IWVG.L values have been converted to USD using the latest available exchange rates.

Returns By Period

In the year-to-date period, BUYB.L achieves a 5.15% return, which is significantly lower than IWVG.L's 34.86% return.

BUYB.L

1D
-0.59%
1M
-0.48%
YTD
5.15%
6M
8.31%
1Y
23.43%
3Y*
21.39%
5Y*
9.61%
10Y*
12.23%

IWVG.L

1D
-0.16%
1M
15.32%
YTD
34.86%
6M
38.07%
1Y
62.99%
3Y*
28.81%
5Y*
15.45%
10Y*
—
*Multi-year figures are annualized to reflect compound growth (CAGR)

BUYB.L vs. IWVG.L - Yearly Performance Comparison

2026 (YTD)20252024202320222021202020192018
BUYB.L
Invesco Global Buyback Achievers UCITS ETF		5.15%30.80%12.99%15.60%-11.41%19.77%12.17%29.44%-15.37%
IWVG.L
iShares Edge MSCI World Value Factor UCITS ETF USD (Dist)		34.86%37.12%3.45%19.01%-9.76%20.37%-3.98%19.05%-16.16%

Correlation

The correlation between BUYB.L and IWVG.L is 0.70, 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

0.70

Correlation (3Y)
Calculated over the trailing 3-year period

0.77

Correlation (5Y)
Calculated over the trailing 5-year period

0.82

Correlation (All Time)
Calculated using the full available price history since Feb 28, 2018

0.84

The correlation between BUYB.L and IWVG.L shifts across timeframes, from 0.70 (1 year) to 0.84 (all time), reflecting how their relationship changes across market environments.

BUYB.L vs. IWVG.L - Sectors Allocation Comparison

Sectors
BUYB.L
IWVG.L

Financial Services

32.9%
14.8%

Energy

17.1%
3.8%

Consumer Cyclical

15.8%
7.9%

Industrials

11.0%
11.3%

Technology

7.6%
33.9%

Healthcare

5.5%
8.8%

Communication Services

4.1%
7.6%

Utilities

2.2%
2.5%

Consumer Defensive

1.9%
4.5%

Basic Materials

1.4%
3.0%

Real Estate

0.5%
1.8%

Financial Services

BUYB.L
32.9%
IWVG.L
14.8%

Energy

BUYB.L
17.1%
IWVG.L
3.8%

Consumer Cyclical

BUYB.L
15.8%
IWVG.L
7.9%

Industrials

BUYB.L
11.0%
IWVG.L
11.3%

Technology

BUYB.L
7.6%
IWVG.L
33.9%

Healthcare

BUYB.L
5.5%
IWVG.L
8.8%

Communication Services

BUYB.L
4.1%
IWVG.L
7.6%

Utilities

BUYB.L
2.2%
IWVG.L
2.5%

Consumer Defensive

BUYB.L
1.9%
IWVG.L
4.5%

Basic Materials

BUYB.L
1.4%
IWVG.L
3.0%

Real Estate

BUYB.L
0.5%
IWVG.L
1.8%

Compare stocks, funds, or ETFs

Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.

Invesco Global Buyback Achievers UCITS ETF

iShares Edge MSCI World Value Factor UCITS ETF USD (Dist)

Often compared with BUYB.L:
BUYB.L vs. SBUY.LBUYB.L vs. BBCK.DEBUYB.L vs. PKWBUYB.L vs. QQQBUYB.L vs. BYBU.LBUYB.L vs. VOOBUYB.L vs. IWF
Often compared with IWVG.L:
IWVG.L vs. IWQU.LIWVG.L vs. VTVIWVG.L vs. XDEV.LIWVG.L vs. URTHIWVG.L vs. VTIWVG.L vs. IUVD.LIWVG.L vs. VWRA.L

Return for Risk

BUYB.L vs. IWVG.L — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.
BUYB.L
BUYB.L Risk / Return Rank: 6161
Overall Rank
BUYB.L Sharpe Ratio Rank: 5757
Sharpe Ratio Rank
BUYB.L Sortino Ratio Rank: 6161
Sortino Ratio Rank
BUYB.L Omega Ratio Rank: 5555
Omega Ratio Rank
BUYB.L Calmar Ratio Rank: 7070
Calmar Ratio Rank
BUYB.L Martin Ratio Rank: 6262
Martin Ratio Rank
IWVG.L
IWVG.L Risk / Return Rank: 9797
Overall Rank
IWVG.L Sharpe Ratio Rank: 9797
Sharpe Ratio Rank
IWVG.L Sortino Ratio Rank: 9797
Sortino Ratio Rank
IWVG.L Omega Ratio Rank: 9797
Omega Ratio Rank
IWVG.L Calmar Ratio Rank: 9696
Calmar Ratio Rank
IWVG.L Martin Ratio Rank: 9696
Martin Ratio Rank
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.

BUYB.L vs. IWVG.L - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Invesco Global Buyback Achievers UCITS ETF (BUYB.L) and iShares Edge MSCI World Value Factor UCITS ETF USD (Dist) (IWVG.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.

BUYB.LIWVG.LDifference
Sharpe ratioReturn per unit of total volatility
1.95
4.24

-2.29

Sortino ratioReturn per unit of downside risk
2.88
5.76

-2.88

Omega ratioGain probability vs. loss probability

1.34

1.75

-0.41

Calmar ratioReturn relative to maximum drawdown

3.50

7.25

-3.75

Martin ratioReturn relative to average drawdown

11.25

27.57

-16.31

Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

BUYB.L vs. IWVG.L - Sharpe Ratio Comparison

The current BUYB.L Sharpe Ratio is 1.95, which is lower than the IWVG.L Sharpe Ratio of 4.24. The chart below compares the historical Sharpe Ratios of BUYB.L and IWVG.L, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

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Sharpe Ratios by Period

BUYB.LIWVG.LDifference

Sharpe Ratio (1Y)

Calculated over the trailing 1-year period

1.95

4.24

-2.29

Sharpe Ratio (5Y)

Calculated over the trailing 5-year period

0.59

0.98

-0.39

Sharpe Ratio (10Y)

Calculated over the trailing 10-year period

0.72

—

—

Sharpe Ratio (All Time)

Calculated using the full available price history

0.67

0.63

+0.05

Drawdowns

BUYB.L vs. IWVG.L - Drawdown Comparison

The maximum BUYB.L drawdown since its inception was -38.99%, which is greater than IWVG.L's maximum drawdown of -35.72%. Use the drawdown chart below to compare losses from any high point for BUYB.L and IWVG.L.

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Drawdown Indicators

BUYB.LIWVG.LDifference

Max Drawdown

Largest peak-to-trough decline

-38.99%

-35.72%

-3.27%

Max Drawdown (1Y)

Largest decline over 1 year

-6.67%

-8.65%

+1.98%

Max Drawdown (3Y)

Largest decline over 3 years

-16.63%

-14.52%

-2.11%

Max Drawdown (5Y)

Largest decline over 5 years

-26.43%

-26.90%

+0.47%

Max Drawdown (10Y)

Largest decline over 10 years

-38.99%

—

—

Current Drawdown

Current decline from peak

-1.25%

-0.16%

-1.09%

Average Drawdown

Average peak-to-trough decline

-5.73%

-6.70%

+0.97%

Ulcer Index

Depth and duration of drawdowns from previous peaks

2.08%

2.28%

-0.20%

Volatility

BUYB.L vs. IWVG.L - Volatility Comparison

The current volatility for Invesco Global Buyback Achievers UCITS ETF (BUYB.L) is 3.20%, while iShares Edge MSCI World Value Factor UCITS ETF USD (Dist) (IWVG.L) has a volatility of 6.12%. This indicates that BUYB.L experiences smaller price fluctuations and is considered to be less risky than IWVG.L based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

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Volatility by Period

BUYB.LIWVG.LDifference

Volatility (1M)

Calculated over the trailing 1-month period

3.20%

6.12%

-2.92%

Volatility (6M)

Calculated over the trailing 6-month period

8.85%

11.90%

-3.05%

Volatility (1Y)

Calculated over the trailing 1-year period

12.01%

14.80%

-2.79%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

16.18%

15.70%

+0.48%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

16.98%

17.58%

-0.60%

BUYB.L vs. IWVG.L - Expense Ratio Comparison

BUYB.L has a 0.39% expense ratio, which is higher than IWVG.L's 0.30% expense ratio.

Dividends

BUYB.L vs. IWVG.L - Dividend Comparison

BUYB.L's dividend yield for the trailing twelve months is around 1.71%, while IWVG.L has not paid dividends to shareholders.

PositionTTM20252024202320222021202020192018201720162015
BUYB.L
Invesco Global Buyback Achievers UCITS ETF		1.71%1.85%1.84%1.71%1.92%1.22%1.51%1.84%1.35%1.18%1.72%1.30%
IWVG.L
iShares Edge MSCI World Value Factor UCITS ETF USD (Dist)		0.00%0.00%1.82%3.23%3.12%2.61%2.37%2.90%2.48%0.00%0.00%0.00%

Frequently Asked Questions

BUYB.L and IWVG.L have a correlation of 0.70, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

On fees, IWVG.L is cheaper at 0.30% per year. The better choice depends on whether you care most about return, fees, risk, or income.

IWVG.L is cheaper with a 0.30% expense ratio, compared with 0.39% for BUYB.L.

BUYB.L tracks MSCI ACWI NR USD, while IWVG.L tracks MSCI ACWI Value NR USD. They also come from different issuers: Invesco and iShares. Their fees differ too: 0.39% for BUYB.L and 0.30% for IWVG.L.

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