FRCOY vs. FWRG.L

Last updated Jun 13, 2026

FRCOY (Fast Retailing Co Ltd ADR) is a stock, while FWRG.L (Invesco FTSE All-World UCITS ETF Acc) is Global Equities fund tracking the FTSE All-World Index. Over the past year, FRCOY returned 54.91% vs 27.51% for FWRG.L. At a 0.26 correlation, their price movements are largely independent.

Performance

FRCOY vs. FWRG.L - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Fast Retailing Co Ltd ADR (FRCOY) and Invesco FTSE All-World UCITS ETF Acc (FWRG.L). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, FRCOY achieves a 40.23% return, which is significantly higher than FWRG.L's 10.64% return.

FRCOY

• 1D: 1.28%
• 1M: 9.71%
• YTD: 40.23%
• 6M: 41.13%
• 1Y: 54.91%
• 3Y*: 25.64%
• 5Y*: 15.35%
• 10Y*: 19.37%

FWRG.L

• 1D: 1.78%
• 1M: 1.72%
• YTD: 10.64%
• 6M: 11.30%
• 1Y: 27.51%
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

FRCOY vs. FWRG.L - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023
FRCOY Fast Retailing Co Ltd ADR	40.23%	7.87%	37.62%	-1.20%
FWRG.L Invesco FTSE All-World UCITS ETF Acc	10.64%	13.84%	20.11%	8,531.38%

Correlation

The correlation between FRCOY and FWRG.L is 0.26, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.26
Correlation (All Time) Calculated using the full available price history since Jun 26, 2023	0.26

Return for Risk

FRCOY vs. FWRG.L — Risk / Return Rank

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

FRCOY

FRCOY Risk / Return Rank: 82
FRCOY Sharpe Ratio Rank: 84
FRCOY Sortino Ratio Rank: 81
FRCOY Omega Ratio Rank: 77
FRCOY Calmar Ratio Rank: 85
FRCOY Martin Ratio Rank: 85

FWRG.L

FWRG.L Risk / Return Rank: 87
FWRG.L Sharpe Ratio Rank: 89
FWRG.L Sortino Ratio Rank: 89
FWRG.L Omega Ratio Rank: 89
FWRG.L Calmar Ratio Rank: 82
FWRG.L Martin Ratio Rank: 85

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.

FRCOY vs. FWRG.L - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Fast Retailing Co Ltd ADR (FRCOY) and Invesco FTSE All-World UCITS ETF Acc (FWRG.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.

Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.

	FRCOY	FWRG.L	Difference
Sharpe ratio: Return per unit of total volatility	1.57	2.58	-1.01
Sortino ratio: Return per unit of downside risk	2.24	3.59	-1.34
Omega ratio: Gain probability vs. loss probability	1.26	1.49	-0.23
Calmar ratio: Return relative to maximum drawdown	3.14	3.84	-0.70
Martin ratio: Return relative to average drawdown	8.25	15.15	-6.89

FRCOY vs. FWRG.L - Sharpe Ratio Comparison

The current FRCOY Sharpe Ratio is 1.57, which is lower than the FWRG.L Sharpe Ratio of 2.58. The chart below compares the historical Sharpe Ratios of FRCOY and FWRG.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.

Drawdowns

FRCOY vs. FWRG.L - Drawdown Comparison

The maximum FRCOY drawdown since its inception was -57.39%, which is greater than FWRG.L's maximum drawdown of -18.87%. Use the drawdown chart below to compare losses from any high point for FRCOY and FWRG.L.

Drawdown Indicators

	FRCOY	FWRG.L	Difference
Max Drawdown Largest peak-to-trough decline	-57.39%	-18.87%	-38.52%
Max Drawdown (1Y) Largest decline over 1 year	-17.59%	-7.14%	-10.45%
Max Drawdown (3Y) Largest decline over 3 years	-22.72%	—	—
Max Drawdown (5Y) Largest decline over 5 years	-42.91%	—	—
Max Drawdown (10Y) Largest decline over 10 years	-57.39%	—	—
Current Drawdown Current decline from peak	-2.21%	-1.57%	-0.64%
Average Drawdown Average peak-to-trough decline	-19.23%	-2.26%	-16.97%
Ulcer Index Depth and duration of drawdowns from previous peaks	6.68%	1.81%	+4.87%

Volatility

FRCOY vs. FWRG.L - Volatility Comparison

Fast Retailing Co Ltd ADR (FRCOY) has a higher volatility of 11.60% compared to Invesco FTSE All-World UCITS ETF Acc (FWRG.L) at 3.65%. This indicates that FRCOY's price experiences larger fluctuations and is considered to be riskier than FWRG.L based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	FRCOY	FWRG.L	Difference
Volatility (1M) Calculated over the trailing 1-month period	11.60%	3.65%	+7.95%
Volatility (6M) Calculated over the trailing 6-month period	25.42%	8.11%	+17.31%
Volatility (1Y) Calculated over the trailing 1-year period	35.15%	10.63%	+24.52%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	30.20%	4,484.46%	-4,454.26%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	30.00%	4,484.46%	-4,454.46%

Dividends

FRCOY vs. FWRG.L - Dividend Comparison

Neither FRCOY nor FWRG.L has paid dividends to shareholders.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
FRCOY Fast Retailing Co Ltd ADR	0.00%	0.45%	0.44%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.81%	0.90%	0.83%
FWRG.L Invesco FTSE All-World UCITS ETF Acc	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%

Frequently Asked Questions

Can I hold both FRCOY and FWRG.L in my portfolio?

FRCOY and FWRG.L have a correlation of 0.26, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.