DPGC.L vs. MVOL.L

Last updated Jun 4, 2026

DPGC.L (Dimensional Global Core Equity UCITS ETF USD Acc) and MVOL.L (iShares Edge MSCI World Minimum Volatility UCITS) are both Global Equities funds. DPGC.L is actively managed, while MVOL.L is passively managed. At a 0.34 correlation, their price movements are largely independent. DPGC.L charges 0.26%/yr vs 0.35%/yr for MVOL.L.

Performance

DPGC.L vs. MVOL.L - Performance Comparison

The chart below illustrates the hypothetical performance of a £10,000 investment in Dimensional Global Core Equity UCITS ETF USD Acc (DPGC.L) and iShares Edge MSCI World Minimum Volatility UCITS (MVOL.L). The values are adjusted to include any dividend payments, if applicable.

Different Trading Currencies

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

Returns By Period

In the year-to-date period, DPGC.L achieves a 10.12% return, which is significantly higher than MVOL.L's 1.00% return.

DPGC.L

• 1D: -0.02%
• 1M: 4.64%
• YTD: 10.12%
• 6M: 10.65%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

MVOL.L

• 1D: 0.27%
• 1M: 1.04%
• YTD: 1.00%
• 6M: 0.86%
• 1Y: 2.46%
• 3Y*: 6.69%
• 5Y*: 6.30%
• 10Y*: 7.95%

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

DPGC.L vs. MVOL.L - Yearly Performance Comparison

	2026 (YTD)	2025
DPGC.L Dimensional Global Core Equity UCITS ETF USD Acc	10.12%	2.40%
MVOL.L iShares Edge MSCI World Minimum Volatility UCITS	1.00%	-1.17%

Correlation

The correlation between DPGC.L and MVOL.L is 0.34, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (All Time) Calculated using the full available price history since Nov 20, 2025	0.34

Return for Risk

DPGC.L vs. MVOL.L — Risk / Return Rank

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

MVOL.L

MVOL.L Risk / Return Rank: 11
MVOL.L Sharpe Ratio Rank: 11
MVOL.L Sortino Ratio Rank: 10
MVOL.L Omega Ratio Rank: 11
MVOL.L Calmar Ratio Rank: 12
MVOL.L Martin Ratio Rank: 12

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.

DPGC.L vs. MVOL.L - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Dimensional Global Core Equity UCITS ETF USD Acc (DPGC.L) and iShares Edge MSCI World Minimum Volatility UCITS (MVOL.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.

Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.

Sharpe Ratios by Period

	DPGC.L	MVOL.L	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	—	0.28	—
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	—	0.59	—
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	—	0.64	—
Sharpe Ratio (All Time) Calculated using the full available price history	3.19	0.79	+2.41

Drawdowns

DPGC.L vs. MVOL.L - Drawdown Comparison

The maximum DPGC.L drawdown since its inception was -6.24%, smaller than the maximum MVOL.L drawdown of -20.24%. Use the drawdown chart below to compare losses from any high point for DPGC.L and MVOL.L.

Drawdown Indicators

	DPGC.L	MVOL.L	Difference
Max Drawdown Largest peak-to-trough decline	-6.24%	-20.24%	+14.00%
Max Drawdown (1Y) Largest decline over 1 year	—	-5.89%	—
Max Drawdown (3Y) Largest decline over 3 years	—	-8.78%	—
Max Drawdown (5Y) Largest decline over 5 years	—	-10.44%	—
Max Drawdown (10Y) Largest decline over 10 years	—	-20.24%	—
Current Drawdown Current decline from peak	-0.02%	-3.49%	+3.47%
Average Drawdown Average peak-to-trough decline	-1.25%	-3.64%	+2.39%
Ulcer Index Depth and duration of drawdowns from previous peaks	—	2.27%	—

Volatility

Volatility by Period

	DPGC.L	MVOL.L	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	2.95%	—
Volatility (6M) Calculated over the trailing 6-month period	—	6.88%	—
Volatility (1Y) Calculated over the trailing 1-year period	9.11%	8.81%	+0.30%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	9.11%	10.63%	-1.52%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	9.11%	12.50%	-3.39%

DPGC.L vs. MVOL.L - Expense Ratio Comparison

DPGC.L has a 0.26% expense ratio, which is lower than MVOL.L's 0.35% expense ratio.

Dividends

DPGC.L vs. MVOL.L - Dividend Comparison

Neither DPGC.L nor MVOL.L has paid dividends to shareholders.

Tickers have no history of dividend payments

Frequently Asked Questions

Can I hold both DPGC.L and MVOL.L in my portfolio?

DPGC.L and MVOL.L have a correlation of 0.34, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, DPGC.L or MVOL.L?

On fees, DPGC.L is cheaper at 0.26% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, DPGC.L or MVOL.L?

DPGC.L is cheaper with a 0.26% expense ratio, compared with 0.35% for MVOL.L.

What is the main difference between DPGC.L and MVOL.L?

They also come from different issuers: Dimensional and iShares. Their fees differ too: 0.26% for DPGC.L and 0.35% for MVOL.L.