EGOG.L vs. WRDA.L

Last updated Jun 5, 2026

EGOG.L (UBS ETF (LU) J.P. Morgan Global Government ESG Liquid Bond UCITS ETF (hedged to GBP) A-dis) and WRDA.L (UBS Core MSCI World UCITS ETF USD Acc) are both exchange-traded funds - EGOG.L is a Global Bonds fund tracking the Bloomberg Global Aggregate TR Hdg GBP, while WRDA.L is a Global Equities fund tracking the MSCI World Index. Both are passively managed. Over the past year, EGOG.L returned 1.76% vs 27.42% for WRDA.L. At a 0.09 correlation, their price movements are largely independent. EGOG.L charges 0.20%/yr vs 0.06%/yr for WRDA.L.

Performance

EGOG.L vs. WRDA.L - Performance Comparison

The chart below illustrates the hypothetical performance of a £10,000 investment in UBS ETF (LU) J.P. Morgan Global Government ESG Liquid Bond UCITS ETF (hedged to GBP) A-dis (EGOG.L) and UBS Core MSCI World UCITS ETF USD Acc (WRDA.L). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, EGOG.L achieves a -0.03% return, which is significantly lower than WRDA.L's 10.16% return.

EGOG.L

• 1D: 0.04%
• 1M: 0.37%
• YTD: -0.03%
• 6M: -0.16%
• 1Y: 1.76%
• 3Y*: 2.65%
• 5Y*: -0.75%
• 10Y*: —

WRDA.L

• 1D: 0.07%
• 1M: 5.13%
• YTD: 10.16%
• 6M: 10.42%
• 1Y: 27.42%
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

EGOG.L vs. WRDA.L - Yearly Performance Comparison

	2026 (YTD)	2025	2024
EGOG.L UBS ETF (LU) J.P. Morgan Global Government ESG Liquid Bond UCITS ETF (hedged to GBP) A-dis	-0.03%	3.06%	2.09%
WRDA.L UBS Core MSCI World UCITS ETF USD Acc	10.16%	12.77%	20.02%

Correlation

The correlation between EGOG.L and WRDA.L is 0.20, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.20
Correlation (All Time) Calculated using the full available price history since Feb 2, 2024	0.09

The correlation between EGOG.L and WRDA.L shifts across timeframes, from 0.09 (all time) to 0.20 (1 year), reflecting how their relationship changes across market environments.

Return for Risk

EGOG.L vs. WRDA.L — Risk / Return Rank

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

EGOG.L

EGOG.L Risk / Return Rank: 21
EGOG.L Sharpe Ratio Rank: 22
EGOG.L Sortino Ratio Rank: 22
EGOG.L Omega Ratio Rank: 20
EGOG.L Calmar Ratio Rank: 22
EGOG.L Martin Ratio Rank: 20

WRDA.L

WRDA.L Risk / Return Rank: 84
WRDA.L Sharpe Ratio Rank: 84
WRDA.L Sortino Ratio Rank: 84
WRDA.L Omega Ratio Rank: 86
WRDA.L Calmar Ratio Rank: 81
WRDA.L Martin Ratio Rank: 83

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.

EGOG.L vs. WRDA.L - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for UBS ETF (LU) J.P. Morgan Global Government ESG Liquid Bond UCITS ETF (hedged to GBP) A-dis (EGOG.L) and UBS Core MSCI World UCITS ETF USD Acc (WRDA.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.

	EGOG.L	WRDA.L	Difference
Sharpe ratio: Return per unit of total volatility	0.73	2.72	-1.99
Sortino ratio: Return per unit of downside risk	1.10	3.72	-2.62
Omega ratio: Gain probability vs. loss probability	1.12	1.52	-0.39
Calmar ratio: Return relative to maximum drawdown	0.96	4.18	-3.22
Martin ratio: Return relative to average drawdown	2.28	16.68	-14.40
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

EGOG.L vs. WRDA.L - Sharpe Ratio Comparison

The current EGOG.L Sharpe Ratio is 0.73, which is lower than the WRDA.L Sharpe Ratio of 2.72. The chart below compares the historical Sharpe Ratios of EGOG.L and WRDA.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.

Sharpe Ratios by Period

	EGOG.L	WRDA.L	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	0.73	2.72	-1.99
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	-0.26	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	-0.48	1.51	-1.99

Drawdowns

EGOG.L vs. WRDA.L - Drawdown Comparison

The maximum EGOG.L drawdown since its inception was -16.69%, smaller than the maximum WRDA.L drawdown of -18.38%. Use the drawdown chart below to compare losses from any high point for EGOG.L and WRDA.L.

Drawdown Indicators

	EGOG.L	WRDA.L	Difference
Max Drawdown Largest peak-to-trough decline	-16.69%	-18.38%	+1.69%
Max Drawdown (1Y) Largest decline over 1 year	-3.05%	-6.53%	+3.48%
Max Drawdown (3Y) Largest decline over 3 years	-3.48%	—	—
Max Drawdown (5Y) Largest decline over 5 years	-15.73%	—	—
Current Drawdown Current decline from peak	-7.30%	-0.12%	-7.18%
Average Drawdown Average peak-to-trough decline	-8.24%	-2.27%	-5.97%
Ulcer Index Depth and duration of drawdowns from previous peaks	1.22%	1.64%	-0.42%

Volatility

EGOG.L vs. WRDA.L - Volatility Comparison

The current volatility for UBS ETF (LU) J.P. Morgan Global Government ESG Liquid Bond UCITS ETF (hedged to GBP) A-dis (EGOG.L) is 1.57%, while UBS Core MSCI World UCITS ETF USD Acc (WRDA.L) has a volatility of 2.49%. This indicates that EGOG.L experiences smaller price fluctuations and is considered to be less risky than WRDA.L based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	EGOG.L	WRDA.L	Difference
Volatility (1M) Calculated over the trailing 1-month period	1.57%	2.49%	-0.92%
Volatility (6M) Calculated over the trailing 6-month period	2.89%	7.16%	-4.27%
Volatility (1Y) Calculated over the trailing 1-year period	4.00%	10.03%	-6.03%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	8.63%	12.34%	-3.71%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	8.62%	12.34%	-3.72%

EGOG.L vs. WRDA.L - Expense Ratio Comparison

EGOG.L has a 0.20% expense ratio, which is higher than WRDA.L's 0.06% 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%.

Dividends

EGOG.L vs. WRDA.L - Dividend Comparison

EGOG.L's dividend yield for the trailing twelve months is around 2.71%, while WRDA.L has not paid dividends to shareholders.

Position	TTM	2025	2024	2023	2022	2021
EGOG.L UBS ETF (LU) J.P. Morgan Global Government ESG Liquid Bond UCITS ETF (hedged to GBP) A-dis	2.71%	2.91%	2.30%	1.44%	0.44%	0.17%
WRDA.L UBS Core MSCI World UCITS ETF USD Acc	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%

Frequently Asked Questions

Can I hold both EGOG.L and WRDA.L in my portfolio?

EGOG.L and WRDA.L have a correlation of 0.20, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, EGOG.L or WRDA.L?

On fees, WRDA.L is cheaper at 0.06% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, EGOG.L or WRDA.L?

WRDA.L is cheaper with a 0.06% expense ratio, compared with 0.20% for EGOG.L.

What is the main difference between EGOG.L and WRDA.L?

EGOG.L is categorized as Global Bonds, while WRDA.L is Global Equities. EGOG.L tracks Bloomberg Global Aggregate TR Hdg GBP, while WRDA.L tracks MSCI World Index. Their fees differ too: 0.20% for EGOG.L and 0.06% for WRDA.L.