FWIA.DE vs. ESGG.L
FWIA.DE (Invesco FTSE All-World UCITS ETF Acc) and ESGG.L (Invesco MSCI World ESG Universal Screened UCITS ETF Acc) are both Global Equities funds from Invesco - FWIA.DE tracks the FTSE All-World while ESGG.L tracks the MSCI ACWI NR USD. Both are passively managed. Over the past year, FWIA.DE returned 26.57% vs 23.63% for ESGG.L. Their correlation of 0.82 suggests significant overlap in exposure. FWIA.DE charges 0.15%/yr vs 0.19%/yr for ESGG.L.
Performance
FWIA.DE vs. ESGG.L - Performance Comparison
Loading charts...
Different Trading Currencies
FWIA.DE is traded in EUR, while ESGG.L is traded in GBp. To make them comparable, the ESGG.L values have been converted to EUR using the latest available exchange rates.
Returns By Period
In the year-to-date period, FWIA.DE achieves a 12.60% return, which is significantly higher than ESGG.L's 11.65% return.
FWIA.DE
- 1D
- -0.22%
- 1M
- 4.98%
- YTD
- 12.60%
- 6M
- 13.33%
- 1Y
- 26.57%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
ESGG.L
- 1D
- -0.33%
- 1M
- 3.76%
- YTD
- 11.65%
- 6M
- 11.31%
- 1Y
- 23.63%
- 3Y*
- 17.43%
- 5Y*
- 12.56%
- 10Y*
- —
FWIA.DE vs. ESGG.L - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | |
|---|---|---|---|---|
FWIA.DE Invesco FTSE All-World UCITS ETF Acc | 12.60% | 9.02% | 24.70% | 7.73% |
ESGG.L Invesco MSCI World ESG Universal Screened UCITS ETF Acc | 11.65% | 6.34% | 26.25% | 8.45% |
Correlation
The correlation between FWIA.DE and ESGG.L is 0.94, indicating a strong positive relationship between their price movements. Combining them offers limited diversification - they tend to fall together during downturns.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.94 |
Correlation (All Time) Calculated using the full available price history since Jun 30, 2023 | 0.82 |
The correlation between FWIA.DE and ESGG.L shifts across timeframes, from 0.82 (all time) to 0.94 (1 year), reflecting how their relationship changes across market environments.
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
FWIA.DE vs. ESGG.L — Risk / Return Rank
FWIA.DE
ESGG.L
FWIA.DE vs. ESGG.L - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Invesco FTSE All-World UCITS ETF Acc (FWIA.DE) and Invesco MSCI World ESG Universal Screened UCITS ETF Acc (ESGG.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.
| FWIA.DE | ESGG.L | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.28 | ||
| Sortino ratioReturn per unit of downside risk | +0.40 | ||
| Omega ratioGain probability vs. loss probability | 1.44 | 1.39 | +0.06 |
| Calmar ratioReturn relative to maximum drawdown | 4.08 | 3.32 | +0.76 |
| Martin ratioReturn relative to average drawdown | 16.52 | 13.30 | +3.22 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
Loading charts...
Sharpe Ratios by Period
| FWIA.DE | ESGG.L | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 2.36 | 2.08 | +0.28 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | — | 1.08 | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 1.40 | 1.00 | +0.40 |
Drawdowns
FWIA.DE vs. ESGG.L - Drawdown Comparison
The maximum FWIA.DE drawdown since its inception was -20.96%, smaller than the maximum ESGG.L drawdown of -27.78%. Use the drawdown chart below to compare losses from any high point for FWIA.DE and ESGG.L.
Loading charts...
Drawdown Indicators
| FWIA.DE | ESGG.L | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -20.96% | -27.78% | +6.82% |
Max Drawdown (1Y)Largest decline over 1 year | -6.49% | -7.09% | +0.60% |
Max Drawdown (3Y)Largest decline over 3 years | — | -20.90% | — |
Max Drawdown (5Y)Largest decline over 5 years | — | -20.90% | — |
Current DrawdownCurrent decline from peak | -0.62% | -0.56% | -0.06% |
Average DrawdownAverage peak-to-trough decline | -2.44% | -3.98% | +1.54% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.60% | 1.77% | -0.17% |
Volatility
FWIA.DE vs. ESGG.L - Volatility Comparison
Invesco FTSE All-World UCITS ETF Acc (FWIA.DE) has a higher volatility of 2.96% compared to Invesco MSCI World ESG Universal Screened UCITS ETF Acc (ESGG.L) at 2.62%. This indicates that FWIA.DE's price experiences larger fluctuations and is considered to be riskier than ESGG.L based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| FWIA.DE | ESGG.L | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 2.96% | 2.62% | +0.34% |
Volatility (6M)Calculated over the trailing 6-month period | 8.09% | 8.09% | 0.00% |
Volatility (1Y)Calculated over the trailing 1-year period | 11.22% | 11.30% | -0.08% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 13.18% | 17.30% | -4.12% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 13.18% | 21.34% | -8.16% |
FWIA.DE vs. ESGG.L - Expense Ratio Comparison
FWIA.DE has a 0.15% expense ratio, which is lower than ESGG.L's 0.19% 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%.
Dividends
FWIA.DE vs. ESGG.L - Dividend Comparison
Neither FWIA.DE nor ESGG.L has paid dividends to shareholders.
Frequently Asked Questions
With a correlation of 0.94, FWIA.DE and ESGG.L move almost identically. Holding both adds very little diversification - you're essentially doubling your position in the same market segment. Choosing one is usually more capital-efficient.
On fees, FWIA.DE is cheaper at 0.15% per year. The better choice depends on whether you care most about return, fees, risk, or income.
FWIA.DE is cheaper with a 0.15% expense ratio, compared with 0.19% for ESGG.L.
FWIA.DE tracks FTSE All-World, while ESGG.L tracks MSCI ACWI NR USD. Their fees differ too: 0.15% for FWIA.DE and 0.19% for ESGG.L.
Find the right allocation for FWIA.DE and ESGG.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