C300.L vs. ACWD.L

Last updated Apr 1, 2026

Compare and contrast key facts about Invesco S&P China A 300 Swap UCITS ETF Acc (C300.L) and SPDR MSCI All Country World UCITS ETF (ACWD.L).

C300.L and ACWD.L are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. C300.L is a passively managed fund by Invesco that tracks the performance of the S&P China A 300 Index. It was launched on May 5, 2022. ACWD.L is a passively managed fund by State Street that tracks the performance of the MSCI ACWI Index. It was launched on May 13, 2011. Both C300.L and ACWD.L are passive ETFs, meaning that they are not actively managed but aim to replicate the performance of the underlying index as closely as possible.

Performance

C300.L vs. ACWD.L - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Invesco S&P China A 300 Swap UCITS ETF Acc (C300.L) and SPDR MSCI All Country World UCITS ETF (ACWD.L). The values are adjusted to include any dividend payments, if applicable.

C300.L vs. ACWD.L - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022
C300.L Invesco S&P China A 300 Swap UCITS ETF Acc	0.48%	33.78%	14.79%	-11.81%	1.72%
ACWD.L SPDR MSCI All Country World UCITS ETF	-4.40%	22.83%	17.76%	22.27%	-1.84%

Returns By Period

In the year-to-date period, C300.L achieves a 0.48% return, which is significantly higher than ACWD.L's -4.40% return.

C300.L

• 1D: -0.03%
• 1M: -4.26%
• YTD: 0.48%
• 6M: 3.94%
• 1Y: 32.96%
• 3Y*: 8.75%
• 5Y*: —
• 10Y*: —

ACWD.L

• 1D: 0.45%
• 1M: -7.78%
• YTD: -4.40%
• 6M: -0.14%
• 1Y: 20.33%
• 3Y*: 16.50%
• 5Y*: 9.12%
• 10Y*: 11.32%

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

C300.L vs. ACWD.L - Expense Ratio Comparison

C300.L has a 0.35% expense ratio, which is higher than ACWD.L's 0.12% expense ratio.

C300.L

Invesco S&P China A 300 Swap UCITS ETF Acc

ACWD.L

SPDR MSCI All Country World UCITS ETF

Return for Risk

C300.L vs. ACWD.L — Risk / Return Rank

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

C300.L

C300.L Risk / Return Rank: 88
C300.L Sharpe Ratio Rank: 87
C300.L Sortino Ratio Rank: 87
C300.L Omega Ratio Rank: 86
C300.L Calmar Ratio Rank: 89
C300.L Martin Ratio Rank: 93

ACWD.L

ACWD.L Risk / Return Rank: 74
ACWD.L Sharpe Ratio Rank: 76
ACWD.L Sortino Ratio Rank: 75
ACWD.L Omega Ratio Rank: 74
ACWD.L Calmar Ratio Rank: 68
ACWD.L Martin Ratio Rank: 76

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.

C300.L vs. ACWD.L - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Invesco S&P China A 300 Swap UCITS ETF Acc (C300.L) and SPDR MSCI All Country World UCITS ETF (ACWD.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.

	C300.L	ACWD.L	Difference
Sharpe ratio Return per unit of total volatility	1.84	1.31	+0.53
Sortino ratio Return per unit of downside risk	2.35	1.83	+0.53
Omega ratio Gain probability vs. loss probability	1.35	1.27	+0.08
Calmar ratio Return relative to maximum drawdown	2.92	1.62	+1.29
Martin ratio Return relative to average drawdown	13.28	7.54	+5.75
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

C300.L vs. ACWD.L - Sharpe Ratio Comparison

The current C300.L Sharpe Ratio is 1.84, which is higher than the ACWD.L Sharpe Ratio of 1.31. The chart below compares the historical Sharpe Ratios of C300.L and ACWD.L, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

Sharpe Ratios by Period

	C300.L	ACWD.L	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	1.84	1.31	+0.53
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	—	0.59	—
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	—	0.72	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.39	0.66	-0.26

Correlation

The correlation between C300.L and ACWD.L is 0.37, 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.

Dividends

C300.L vs. ACWD.L - Dividend Comparison

Neither C300.L nor ACWD.L has paid dividends to shareholders.

Tickers have no history of dividend payments

Drawdowns

C300.L vs. ACWD.L - Drawdown Comparison

The maximum C300.L drawdown since its inception was -31.77%, smaller than the maximum ACWD.L drawdown of -33.64%. Use the drawdown chart below to compare losses from any high point for C300.L and ACWD.L.

Drawdown Indicators

	C300.L	ACWD.L	Difference
Max Drawdown Largest peak-to-trough decline	-31.77%	-33.64%	+1.87%
Max Drawdown (1Y) Largest decline over 1 year	-11.46%	-11.57%	+0.11%
Max Drawdown (5Y) Largest decline over 5 years	—	-26.18%	—
Max Drawdown (10Y) Largest decline over 10 years	—	-33.64%	—
Current Drawdown Current decline from peak	-5.76%	-8.25%	+2.49%
Average Drawdown Average peak-to-trough decline	-14.63%	-4.72%	-9.91%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.49%	2.49%	0.00%

Volatility

C300.L vs. ACWD.L - Volatility Comparison

Invesco S&P China A 300 Swap UCITS ETF Acc (C300.L) has a higher volatility of 6.65% compared to SPDR MSCI All Country World UCITS ETF (ACWD.L) at 5.31%. This indicates that C300.L's price experiences larger fluctuations and is considered to be riskier than ACWD.L based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	C300.L	ACWD.L	Difference
Volatility (1M) Calculated over the trailing 1-month period	6.65%	5.31%	+1.34%
Volatility (6M) Calculated over the trailing 6-month period	12.01%	8.88%	+3.13%
Volatility (1Y) Calculated over the trailing 1-year period	17.87%	15.49%	+2.38%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	22.13%	15.43%	+6.70%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	22.13%	15.76%	+6.37%