FWIA.DE vs. FTWG.L
FWIA.DE (Invesco FTSE All-World UCITS ETF Acc) and FTWG.L (Invesco FTSE All-World UCITS ETF USD Dist) are both Global Equities funds from Invesco - FWIA.DE tracks the FTSE All-World while FTWG.L tracks the FTSE All-World Index. Both are passively managed. Over the past year, FWIA.DE returned 26.39% vs 26.75% for FTWG.L. Their correlation of 0.91 suggests significant overlap in exposure. Both charge a 0.15% expense ratio.
Performance
FWIA.DE vs. FTWG.L - Performance Comparison
Loading charts...
Different Trading Currencies
FWIA.DE is traded in EUR, while FTWG.L is traded in GBp. To make them comparable, the FTWG.L values have been converted to EUR using the latest available exchange rates.
Returns By Period
The year-to-date returns for both investments are quite close, with FWIA.DE having a 12.60% return and FTWG.L slightly higher at 12.86%.
FWIA.DE
- 1D
- -0.22%
- 1M
- 3.67%
- YTD
- 12.60%
- 6M
- 12.82%
- 1Y
- 26.39%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
FTWG.L
- 1D
- -0.12%
- 1M
- 5.18%
- YTD
- 12.86%
- 6M
- 13.56%
- 1Y
- 26.75%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
FWIA.DE vs. FTWG.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% |
FTWG.L Invesco FTSE All-World UCITS ETF USD Dist | 12.88% | 8.17% | 25.71% | 6.49% |
Correlation
The correlation between FWIA.DE and FTWG.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 | 0.91 |
The correlation between FWIA.DE and FTWG.L has been stable across timeframes, ranging from 0.91 to 0.94 - a consistent structural relationship.
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. FTWG.L — Risk / Return Rank
FWIA.DE
FTWG.L
FWIA.DE vs. FTWG.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 FTSE All-World UCITS ETF USD Dist (FTWG.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 | FTWG.L | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.07 | ||
| Sortino ratioReturn per unit of downside risk | -0.11 | ||
| Omega ratioGain probability vs. loss probability | 1.44 | 1.45 | -0.01 |
| Calmar ratioReturn relative to maximum drawdown | 4.08 | 3.91 | +0.17 |
| Martin ratioReturn relative to average drawdown | 16.52 | 16.30 | +0.21 |
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 | FTWG.L | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 2.36 | 2.42 | -0.07 |
Sharpe Ratio (All Time)Calculated using the full available price history | 1.40 | 1.42 | -0.01 |
Drawdowns
FWIA.DE vs. FTWG.L - Drawdown Comparison
The maximum FWIA.DE drawdown since its inception was -20.96%, roughly equal to the maximum FTWG.L drawdown of -20.29%. Use the drawdown chart below to compare losses from any high point for FWIA.DE and FTWG.L.
Loading charts...
Drawdown Indicators
| FWIA.DE | FTWG.L | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -20.96% | -20.29% | -0.67% |
Max Drawdown (1Y)Largest decline over 1 year | -6.49% | -6.81% | +0.32% |
Current DrawdownCurrent decline from peak | -0.62% | -0.59% | -0.03% |
Average DrawdownAverage peak-to-trough decline | -2.44% | -2.48% | +0.04% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.60% | 1.64% | -0.04% |
Volatility
FWIA.DE vs. FTWG.L - Volatility Comparison
Invesco FTSE All-World UCITS ETF Acc (FWIA.DE) and Invesco FTSE All-World UCITS ETF USD Dist (FTWG.L) have volatilities of 2.96% and 2.86%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| FWIA.DE | FTWG.L | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 2.96% | 2.86% | +0.10% |
Volatility (6M)Calculated over the trailing 6-month period | 8.09% | 7.86% | +0.23% |
Volatility (1Y)Calculated over the trailing 1-year period | 11.22% | 10.99% | +0.23% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 13.18% | 12.83% | +0.35% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 13.18% | 12.83% | +0.35% |
FWIA.DE vs. FTWG.L - Expense Ratio Comparison
Both FWIA.DE and FTWG.L have an expense ratio of 0.15%, making them cost-effective options compared to the broader market, where average expense ratios typically range from 0.3% to 0.9%.
Dividends
FWIA.DE vs. FTWG.L - Dividend Comparison
FWIA.DE has not paid dividends to shareholders, while FTWG.L's dividend yield for the trailing twelve months is around 1.22%.
| Position | TTM | 2025 | 2024 | 2023 |
|---|---|---|---|---|
FTWG.L Invesco FTSE All-World UCITS ETF USD Dist | 1.22% | 1.34% | 1.50% | 0.70% |
FWIA.DE Invesco FTSE All-World UCITS ETF Acc | 0.00% | 0.00% | 0.00% | 0.00% |
Frequently Asked Questions
With a correlation of 0.94, FWIA.DE and FTWG.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.
Both ETFs have the same 0.15% expense ratio. The better choice depends on whether you care most about return, fees, risk, or income.
FWIA.DE and FTWG.L have the same expense ratio: 0.15% per year.
FWIA.DE tracks FTSE All-World, while FTWG.L tracks FTSE All-World Index.
Find the right allocation for FWIA.DE and FTWG.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