DHYA.L vs. SWDA.L
Compare and contrast key facts about iShares USD High Yield Corporate Bond ESG UCITS ETF USD (Acc) (DHYA.L) and iShares Core MSCI World UCITS ETF USD (Acc) (SWDA.L).
DHYA.L and SWDA.L are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. DHYA.L is a passively managed fund by iShares that tracks the performance of the Bloomberg US Corporate High Yield TR USD. It was launched on Nov 12, 2019. SWDA.L is a passively managed fund by iShares that tracks the performance of the MSCI ACWI NR USD. It was launched on Sep 25, 2009. Both DHYA.L and SWDA.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.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: DHYA.L or SWDA.L.
Key characteristics
| DHYA.L | SWDA.L | |
|---|---|---|
| YTD Return | 8.10% | 20.14% |
| 1Y Return | 15.13% | 26.63% |
| 3Y Return (Ann) | 2.40% | 8.96% |
| Sharpe Ratio | 3.01 | 2.59 |
| Sortino Ratio | 4.67 | 3.63 |
| Omega Ratio | 1.61 | 1.50 |
| Calmar Ratio | 2.03 | 4.29 |
| Martin Ratio | 23.95 | 18.96 |
| Ulcer Index | 0.59% | 1.38% |
| Daily Std Dev | 4.75% | 10.05% |
| Max Drawdown | -16.70% | -25.58% |
| Current Drawdown | -0.27% | 0.00% |
Correlation
The correlation between DHYA.L and SWDA.L is 0.53, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.
Performance
DHYA.L vs. SWDA.L - Performance Comparison
In the year-to-date period, DHYA.L achieves a 8.10% return, which is significantly lower than SWDA.L's 20.14% 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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DHYA.L vs. SWDA.L - Expense Ratio Comparison
DHYA.L has a 0.25% expense ratio, which is higher than SWDA.L's 0.20% expense ratio. However, both funds are considered low-cost compared to the broader market, where average expense ratios usually range from 0.3% to 0.9%.
Risk-Adjusted Performance
DHYA.L vs. SWDA.L - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for iShares USD High Yield Corporate Bond ESG UCITS ETF USD (Acc) (DHYA.L) and iShares Core MSCI World UCITS ETF USD (Acc) (SWDA.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
DHYA.L vs. SWDA.L - Dividend Comparison
Neither DHYA.L nor SWDA.L has paid dividends to shareholders.
Drawdowns
DHYA.L vs. SWDA.L - Drawdown Comparison
The maximum DHYA.L drawdown since its inception was -16.70%, smaller than the maximum SWDA.L drawdown of -25.58%. Use the drawdown chart below to compare losses from any high point for DHYA.L and SWDA.L. For additional features, visit the drawdowns tool.
Volatility
DHYA.L vs. SWDA.L - Volatility Comparison
The current volatility for iShares USD High Yield Corporate Bond ESG UCITS ETF USD (Acc) (DHYA.L) is 1.21%, while iShares Core MSCI World UCITS ETF USD (Acc) (SWDA.L) has a volatility of 2.98%. This indicates that DHYA.L experiences smaller price fluctuations and is considered to be less risky than SWDA.L based on this measure. The chart below showcases a comparison of their rolling one-month volatility.