FTAWX vs. VWRL.L

Last updated Jul 11, 2026

FTAWX (Fidelity Advisor Asset Manager 20% Fund Class A) and VWRL.L (Vanguard FTSE All-World UCITS ETF Distributing) are both funds - FTAWX is a Diversified Portfolio fund managed by BlackRock, while VWRL.L is a Global Equities fund tracking the FTSE All-World Index. Over the past 10 years, FTAWX returned 3.88%/yr vs 12.48%/yr for VWRL.L. A 0.60 correlation means they provide meaningful diversification when combined. FTAWX charges 0.82%/yr vs 0.19%/yr for VWRL.L.

Performance

FTAWX vs. VWRL.L - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Fidelity Advisor Asset Manager 20% Fund Class A (FTAWX) and Vanguard FTSE All-World UCITS ETF Distributing (VWRL.L). The values are adjusted to include any dividend payments, if applicable.

Different Trading Currencies

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

Returns By Period

In the year-to-date period, FTAWX achieves a 4.24% return, which is significantly lower than VWRL.L's 11.28% return. Over the past 10 years, FTAWX has underperformed VWRL.L with an annualized return of 3.88%, while VWRL.L has yielded a comparatively higher 12.48% annualized return.

FTAWX

• 1D: 0.20%
• 1M: 0.27%
• 6M: 3.30%
• YTD: 4.24%
• 1Y: 9.22%
• 3Y*: 7.64%
• 5Y*: 3.07%
• 10Y*: 3.88%

VWRL.L

• 1D: 0.14%
• 1M: 1.05%
• 6M: 9.57%
• YTD: 11.28%
• 1Y: 23.75%
• 3Y*: 19.94%
• 5Y*: 10.81%
• 10Y*: 12.48%

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

FTAWX vs. VWRL.L - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
FTAWX Fidelity Advisor Asset Manager 20% Fund Class A	4.24%	9.07%	5.05%	7.66%	-10.50%	3.72%	8.29%	10.32%	-1.96%	4.98%
VWRL.L Vanguard FTSE All-World UCITS ETF Distributing	11.28%	22.59%	17.61%	21.71%	-18.22%	18.96%	15.56%	26.94%	-10.10%	23.98%

Correlation

The correlation between FTAWX and VWRL.L is 0.71, 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	0.71
Correlation (3Y) Calculated over the trailing 3-year period	0.62
Correlation (5Y) Calculated over the trailing 5-year period	0.60
Correlation (10Y) Calculated over the trailing 10-year period	0.58
Correlation (All Time) Calculated using the full available price history since May 22, 2012	0.60

The correlation between FTAWX and VWRL.L shifts across timeframes, from 0.58 (10 years) to 0.71 (1 year), reflecting how their relationship changes across market environments.

Return for Risk

FTAWX vs. VWRL.L — Risk / Return Rank

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

FTAWX

FTAWX Risk / Return Rank: 78
FTAWX Sharpe Ratio Rank: 77
FTAWX Sortino Ratio Rank: 78
FTAWX Omega Ratio Rank: 79
FTAWX Calmar Ratio Rank: 75
FTAWX Martin Ratio Rank: 80

VWRL.L

VWRL.L Risk / Return Rank: 85
VWRL.L Sharpe Ratio Rank: 87
VWRL.L Sortino Ratio Rank: 87
VWRL.L Omega Ratio Rank: 87
VWRL.L Calmar Ratio Rank: 81
VWRL.L Martin Ratio Rank: 84

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.

FTAWX vs. VWRL.L - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Fidelity Advisor Asset Manager 20% Fund Class A (FTAWX) and Vanguard FTSE All-World UCITS ETF Distributing (VWRL.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.

	FTAWX	VWRL.L	Difference
Sharpe ratio: Return per unit of total volatility	2.00	1.86	+0.14
Sortino ratio: Return per unit of downside risk	2.89	2.74	+0.15
Omega ratio: Gain probability vs. loss probability	1.39	1.34	+0.05
Calmar ratio: Return relative to maximum drawdown	2.71	2.50	+0.21
Martin ratio: Return relative to average drawdown	11.37	10.43	+0.94

FTAWX vs. VWRL.L - Sharpe Ratio Comparison

The current FTAWX Sharpe Ratio is 2.00, which is comparable to the VWRL.L Sharpe Ratio of 1.86. The chart below compares the historical Sharpe Ratios of FTAWX and VWRL.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

FTAWX vs. VWRL.L - Drawdown Comparison

The maximum FTAWX drawdown since its inception was -19.82%, smaller than the maximum VWRL.L drawdown of -33.11%. Use the drawdown chart below to compare losses from any high point for FTAWX and VWRL.L.

Drawdown Indicators

	FTAWX	VWRL.L	Difference
Max Drawdown Largest peak-to-trough decline	-19.82%	-33.11%	+13.29%
Max Drawdown (1Y) Largest decline over 1 year	-3.31%	-9.11%	+5.80%
Max Drawdown (3Y) Largest decline over 3 years	-4.92%	-16.28%	+11.36%
Max Drawdown (5Y) Largest decline over 5 years	-14.13%	-26.74%	+12.61%
Max Drawdown (10Y) Largest decline over 10 years	-14.13%	-33.11%	+18.98%
Current Drawdown Current decline from peak	-0.34%	-1.08%	+0.74%
Average Drawdown Average peak-to-trough decline	-2.20%	-4.51%	+2.31%
Ulcer Index Depth and duration of drawdowns from previous peaks	0.79%	2.19%	-1.40%

Volatility

FTAWX vs. VWRL.L - Volatility Comparison

The current volatility for Fidelity Advisor Asset Manager 20% Fund Class A (FTAWX) is 1.62%, while Vanguard FTSE All-World UCITS ETF Distributing (VWRL.L) has a volatility of 3.86%. This indicates that FTAWX experiences smaller price fluctuations and is considered to be less risky than VWRL.L based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	FTAWX	VWRL.L	Difference
Volatility (1M) Calculated over the trailing 1-month period	1.62%	3.86%	-2.24%
Volatility (6M) Calculated over the trailing 6-month period	3.83%	9.88%	-6.05%
Volatility (1Y) Calculated over the trailing 1-year period	4.48%	12.26%	-7.78%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	5.11%	15.12%	-10.01%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	4.69%	15.43%	-10.74%

FTAWX vs. VWRL.L - Expense Ratio Comparison

FTAWX has a 0.82% expense ratio, which is higher than VWRL.L's 0.19% expense ratio.

Dividends

FTAWX vs. VWRL.L - Dividend Comparison

FTAWX's dividend yield for the trailing twelve months is around 2.78%, more than VWRL.L's 1.27% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
FTAWX Fidelity Advisor Asset Manager 20% Fund Class A	2.48%	2.82%	3.07%	2.85%	4.23%	1.33%	1.85%	2.72%	3.78%	1.69%	1.59%	3.64%
VWRL.L Vanguard FTSE All-World UCITS ETF Distributing	1.27%	1.39%	1.49%	1.72%	2.03%	1.45%	1.58%	1.95%	2.22%	1.90%	1.95%	2.00%

Frequently Asked Questions

Can I hold both FTAWX and VWRL.L in my portfolio?

FTAWX and VWRL.L have a correlation of 0.71, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.