ESGW.L vs. VALW.L
Compare and contrast key facts about Invesco MSCI World Universal Screened UCITS ETF Acc (ESGW.L) and SPDR MSCI World Value UCITS ETF (VALW.L).
ESGW.L and VALW.L are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. ESGW.L is a passively managed fund by Invesco that tracks the performance of the MSCI World Universal Select Business Screens Index. It was launched on Jun 13, 2019. VALW.L is a passively managed fund by State Street that tracks the performance of the MSCI ACWI Value NR USD. It was launched on Sep 2, 2020. Both ESGW.L and VALW.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
ESGW.L vs. VALW.L - Performance Comparison
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ESGW.L vs. VALW.L - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | |
|---|---|---|---|---|---|---|---|
ESGW.L Invesco MSCI World Universal Screened UCITS ETF Acc | -2.64% | 20.25% | 18.23% | 25.76% | -20.14% | 22.82% | 7.95% |
VALW.L SPDR MSCI World Value UCITS ETF | 3.64% | 36.59% | 4.16% | 22.57% | -10.61% | 19.59% | -16.30% |
Different Trading Currencies
ESGW.L is traded in USD, while VALW.L is traded in GBP. To make them comparable, the VALW.L values have been converted to USD using the latest available exchange rates.
Returns By Period
In the year-to-date period, ESGW.L achieves a -2.64% return, which is significantly lower than VALW.L's 3.64% return.
ESGW.L
- 1D
- 2.78%
- 1M
- -3.89%
- YTD
- -2.64%
- 6M
- 0.92%
- 1Y
- 19.50%
- 3Y*
- 17.34%
- 5Y*
- 10.01%
- 10Y*
- —
VALW.L
- 1D
- 2.88%
- 1M
- -3.34%
- YTD
- 3.64%
- 6M
- 12.57%
- 1Y
- 33.26%
- 3Y*
- 19.50%
- 5Y*
- 11.42%
- 10Y*
- —
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ESGW.L vs. VALW.L - Expense Ratio Comparison
ESGW.L has a 0.19% expense ratio, which is lower than VALW.L's 0.25% expense ratio. Despite the difference, both funds are considered low-cost compared to the broader market, where average expense ratios usually range from 0.3% to 0.9%.
Return for Risk
ESGW.L vs. VALW.L — Risk / Return Rank
ESGW.L
VALW.L
ESGW.L vs. VALW.L - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Invesco MSCI World Universal Screened UCITS ETF Acc (ESGW.L) and SPDR MSCI World Value UCITS ETF (VALW.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.
| ESGW.L | VALW.L | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 1.23 | 2.04 | -0.82 |
Sortino ratioReturn per unit of downside risk | 1.75 | 2.61 | -0.86 |
Omega ratioGain probability vs. loss probability | 1.25 | 1.39 | -0.14 |
Calmar ratioReturn relative to maximum drawdown | 2.09 | 3.65 | -1.57 |
Martin ratioReturn relative to average drawdown | 8.43 | 13.75 | -5.32 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| ESGW.L | VALW.L | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.23 | 2.04 | -0.82 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.63 | 0.75 | -0.12 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.75 | 0.48 | +0.27 |
Correlation
The correlation between ESGW.L and VALW.L is 0.80, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.
Dividends
ESGW.L vs. VALW.L - Dividend Comparison
Neither ESGW.L nor VALW.L has paid dividends to shareholders.
Drawdowns
ESGW.L vs. VALW.L - Drawdown Comparison
The maximum ESGW.L drawdown since its inception was -32.55%, which is greater than VALW.L's maximum drawdown of -30.76%. Use the drawdown chart below to compare losses from any high point for ESGW.L and VALW.L.
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Drawdown Indicators
| ESGW.L | VALW.L | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -32.55% | -28.59% | -3.96% |
Max Drawdown (1Y)Largest decline over 1 year | -11.88% | -10.77% | -1.11% |
Max Drawdown (5Y)Largest decline over 5 years | -28.32% | -14.24% | -14.08% |
Current DrawdownCurrent decline from peak | -5.86% | -3.92% | -1.94% |
Average DrawdownAverage peak-to-trough decline | -5.81% | -4.65% | -1.16% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.27% | 1.98% | +0.29% |
Volatility
ESGW.L vs. VALW.L - Volatility Comparison
The current volatility for Invesco MSCI World Universal Screened UCITS ETF Acc (ESGW.L) is 5.40%, while SPDR MSCI World Value UCITS ETF (VALW.L) has a volatility of 6.18%. This indicates that ESGW.L experiences smaller price fluctuations and is considered to be less risky than VALW.L based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| ESGW.L | VALW.L | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 5.40% | 6.18% | -0.78% |
Volatility (6M)Calculated over the trailing 6-month period | 9.05% | 10.15% | -1.10% |
Volatility (1Y)Calculated over the trailing 1-year period | 15.90% | 16.23% | -0.33% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 15.84% | 15.22% | +0.62% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 17.45% | 18.76% | -1.31% |