FSWD.L vs. SBUY.L
FSWD.L (iShares STOXX World Equity Multifactor UCITS ETF USD (Acc)) and SBUY.L (Invesco Global Buyback Achievers UCITS ETF) are both Global Equities funds - FSWD.L tracks the STOXX Developed World Equity Factor Screened Net Index while SBUY.L tracks the MSCI ACWI NR USD. Both are passively managed. Over the past 10 years, FSWD.L returned 11.49%/yr vs 12.22%/yr for SBUY.L. Their correlation of 0.87 suggests significant overlap in exposure. FSWD.L charges 0.30%/yr vs 0.39%/yr for SBUY.L.
Performance
FSWD.L vs. SBUY.L - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, FSWD.L achieves a 12.10% return, which is significantly higher than SBUY.L's 9.04% return. Over the past 10 years, FSWD.L has underperformed SBUY.L with an annualized return of 11.49%, while SBUY.L has yielded a comparatively higher 12.22% annualized return.
FSWD.L
- 1D
- -0.82%
- 1M
- -0.61%
- 6M
- 10.73%
- YTD
- 12.10%
- 1Y
- 24.41%
- 3Y*
- 18.45%
- 5Y*
- 11.68%
- 10Y*
- 11.49%
SBUY.L
- 1D
- -0.07%
- 1M
- 1.45%
- 6M
- 6.13%
- YTD
- 9.04%
- 1Y
- 21.94%
- 3Y*
- 18.70%
- 5Y*
- 11.18%
- 10Y*
- 12.22%
FSWD.L vs. SBUY.L - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
FSWD.L iShares STOXX World Equity Multifactor UCITS ETF USD (Acc) | 12.10% | 17.16% | 18.87% | 9.04% | -5.40% | 22.11% | 6.89% | 17.63% | -7.35% | 15.20% |
SBUY.L Invesco Global Buyback Achievers UCITS ETF | 9.04% | 21.60% | 14.64% | 9.46% | -0.90% | 21.36% | 8.43% | 25.36% | -9.32% | 10.37% |
Correlation
The correlation between FSWD.L and SBUY.L is 0.66, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.66 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.73 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.82 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.87 |
Correlation (All Time) Calculated using the full available price history since Sep 4, 2015 | 0.87 |
Over the past year, the correlation between FSWD.L and SBUY.L has dropped to 0.66 - well below their long-term average of 0.87, suggesting their price drivers have been diverging.
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Return for Risk
FSWD.L vs. SBUY.L — Risk / Return Rank
FSWD.L
SBUY.L
FSWD.L vs. SBUY.L - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for iShares STOXX World Equity Multifactor UCITS ETF USD (Acc) (FSWD.L) and Invesco Global Buyback Achievers UCITS ETF (SBUY.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.
| FSWD.L | SBUY.L | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.01 | ||
| Sortino ratioReturn per unit of downside risk | +0.06 | ||
| Omega ratioGain probability vs. loss probability | 1.40 | 1.40 | -0.01 |
| Calmar ratioReturn relative to maximum drawdown | 4.12 | 4.56 | -0.44 |
| Martin ratioReturn relative to average drawdown | 15.80 | 14.67 | +1.13 |
Loading charts...
Drawdowns
FSWD.L vs. SBUY.L - Drawdown Comparison
The maximum FSWD.L drawdown since its inception was -37.43%, roughly equal to the maximum SBUY.L drawdown of -37.67%. Use the drawdown chart below to compare losses from any high point for FSWD.L and SBUY.L.
Loading charts...
Drawdown Indicators
| FSWD.L | SBUY.L | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -37.43% | -37.67% | +0.24% |
Max Drawdown (1Y)Largest decline over 1 year | -5.90% | -4.79% | -1.11% |
Max Drawdown (3Y)Largest decline over 3 years | -19.93% | -17.76% | -2.17% |
Max Drawdown (5Y)Largest decline over 5 years | -19.93% | -17.76% | -2.17% |
Max Drawdown (10Y)Largest decline over 10 years | -26.27% | -30.91% | +4.64% |
Current DrawdownCurrent decline from peak | -1.42% | -0.10% | -1.32% |
Average DrawdownAverage peak-to-trough decline | -7.38% | -7.87% | +0.49% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.54% | 1.49% | +0.05% |
Volatility
FSWD.L vs. SBUY.L - Volatility Comparison
iShares STOXX World Equity Multifactor UCITS ETF USD (Acc) (FSWD.L) has a higher volatility of 2.86% compared to Invesco Global Buyback Achievers UCITS ETF (SBUY.L) at 2.27%. This indicates that FSWD.L's price experiences larger fluctuations and is considered to be riskier than SBUY.L based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| FSWD.L | SBUY.L | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 2.86% | 2.27% | +0.59% |
Volatility (6M)Calculated over the trailing 6-month period | 8.36% | 7.01% | +1.35% |
Volatility (1Y)Calculated over the trailing 1-year period | 10.94% | 9.79% | +1.15% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 18.86% | 13.69% | +5.17% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 17.40% | 15.34% | +2.06% |
FSWD.L vs. SBUY.L - Expense Ratio Comparison
FSWD.L has a 0.30% expense ratio, which is lower than SBUY.L's 0.39% expense ratio.
Dividends
FSWD.L vs. SBUY.L - Dividend Comparison
FSWD.L has not paid dividends to shareholders, while SBUY.L's dividend yield for the trailing twelve months is around 1.69%.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
FSWD.L iShares STOXX World Equity Multifactor UCITS ETF USD (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% |
SBUY.L Invesco Global Buyback Achievers UCITS ETF | 1.69% | 1.86% | 1.80% | 1.73% | 1.91% | 1.20% | 1.62% | 1.90% | 1.31% | 1.16% | 1.60% | 1.27% |
Frequently Asked Questions
FSWD.L and SBUY.L have a correlation of 0.66, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, FSWD.L is cheaper at 0.30% per year. The better choice depends on whether you care most about return, fees, risk, or income.
FSWD.L is cheaper with a 0.30% expense ratio, compared with 0.39% for SBUY.L.
FSWD.L tracks STOXX Developed World Equity Factor Screened Net Index, while SBUY.L tracks MSCI ACWI NR USD. They also come from different issuers: iShares and Invesco. Their fees differ too: 0.30% for FSWD.L and 0.39% for SBUY.L.
Find the right allocation for FSWD.L and SBUY.L
Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Optimizer