FWIA.DE vs. SEGA.L

Last updated Jun 5, 2026

FWIA.DE (Invesco FTSE All-World UCITS ETF Acc) and SEGA.L (iShares Core Euro Government Bond UCITS ETF (Dist)) are both exchange-traded funds - FWIA.DE is a Global Equities fund tracking the FTSE All-World, while SEGA.L is a European Government Bonds fund tracking the Bloomberg Euro Agg Govt TR EUR. Both are passively managed. Over the past year, FWIA.DE returned 25.74% vs -0.07% for SEGA.L. At a 0.10 correlation, their price movements are largely independent. FWIA.DE charges 0.15%/yr vs 0.09%/yr for SEGA.L.

Performance

FWIA.DE vs. SEGA.L - Performance Comparison

The chart below illustrates the hypothetical performance of a €10,000 investment in Invesco FTSE All-World UCITS ETF Acc (FWIA.DE) and iShares Core Euro Government Bond UCITS ETF (Dist) (SEGA.L). The values are adjusted to include any dividend payments, if applicable.

Different Trading Currencies

FWIA.DE is traded in EUR, while SEGA.L is traded in GBP. To make them comparable, the SEGA.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 SEGA.L's -0.22% return.

FWIA.DE

• 1D: -0.22%
• 1M: 3.61%
• YTD: 12.60%
• 6M: 13.06%
• 1Y: 25.74%
• 3Y*: —
• 5Y*: —
• 10Y*: —

SEGA.L

• 1D: 0.00%
• 1M: -0.16%
• YTD: -0.22%
• 6M: 0.39%
• 1Y: -0.07%
• 3Y*: 2.26%
• 5Y*: -2.38%
• 10Y*: -0.39%

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

FWIA.DE vs. SEGA.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%
SEGA.L iShares Core Euro Government Bond UCITS ETF (Dist)	-0.22%	0.36%	1.74%	4.71%

Correlation

The correlation between FWIA.DE and SEGA.L is 0.23, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.23
Correlation (All Time) Calculated using the full available price history since Jun 30, 2023	0.10

The correlation between FWIA.DE and SEGA.L shifts across timeframes, from 0.10 (all time) to 0.23 (1 year), reflecting how their relationship changes across market environments.

Return for Risk

FWIA.DE vs. SEGA.L — Risk / Return Rank

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

FWIA.DE

FWIA.DE Risk / Return Rank: 77
FWIA.DE Sharpe Ratio Rank: 74
FWIA.DE Sortino Ratio Rank: 74
FWIA.DE Omega Ratio Rank: 76
FWIA.DE Calmar Ratio Rank: 80
FWIA.DE Martin Ratio Rank: 83

SEGA.L

SEGA.L Risk / Return Rank: 16
SEGA.L Sharpe Ratio Rank: 17
SEGA.L Sortino Ratio Rank: 16
SEGA.L Omega Ratio Rank: 16
SEGA.L Calmar Ratio Rank: 17
SEGA.L Martin Ratio Rank: 15

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.

FWIA.DE vs. SEGA.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 iShares Core Euro Government Bond UCITS ETF (Dist) (SEGA.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	SEGA.L	Difference
Sharpe ratio: Return per unit of total volatility	2.36	-0.02	+2.37
Sortino ratio: Return per unit of downside risk	3.31	0.01	+3.30
Omega ratio: Gain probability vs. loss probability	1.44	1.00	+0.44
Calmar ratio: Return relative to maximum drawdown	4.08	-0.02	+4.10
Martin ratio: Return relative to average drawdown	16.52	-0.05	+16.57
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

FWIA.DE vs. SEGA.L - Sharpe Ratio Comparison

The current FWIA.DE Sharpe Ratio is 2.36, which is higher than the SEGA.L Sharpe Ratio of -0.02. The chart below compares the historical Sharpe Ratios of FWIA.DE and SEGA.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.

Sharpe Ratios by Period

	FWIA.DE	SEGA.L	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	2.36	-0.02	+2.37
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	—	-0.34	—
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	—	-0.06	—
Sharpe Ratio (All Time) Calculated using the full available price history	1.40	0.16	+1.24

Drawdowns

FWIA.DE vs. SEGA.L - Drawdown Comparison

The maximum FWIA.DE drawdown since its inception was -20.96%, smaller than the maximum SEGA.L drawdown of -23.00%. Use the drawdown chart below to compare losses from any high point for FWIA.DE and SEGA.L.

Drawdown Indicators

	FWIA.DE	SEGA.L	Difference
Max Drawdown Largest peak-to-trough decline	-20.96%	-23.00%	+2.04%
Max Drawdown (1Y) Largest decline over 1 year	-6.49%	-3.69%	-2.80%
Max Drawdown (3Y) Largest decline over 3 years	—	-4.32%	—
Max Drawdown (5Y) Largest decline over 5 years	—	-21.84%	—
Max Drawdown (10Y) Largest decline over 10 years	—	-23.00%	—
Current Drawdown Current decline from peak	-0.62%	-14.57%	+13.95%
Average Drawdown Average peak-to-trough decline	-2.44%	-6.64%	+4.20%
Ulcer Index Depth and duration of drawdowns from previous peaks	1.60%	1.44%	+0.16%

Volatility

FWIA.DE vs. SEGA.L - Volatility Comparison

Invesco FTSE All-World UCITS ETF Acc (FWIA.DE) has a higher volatility of 2.96% compared to iShares Core Euro Government Bond UCITS ETF (Dist) (SEGA.L) at 1.45%. This indicates that FWIA.DE's price experiences larger fluctuations and is considered to be riskier than SEGA.L based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	FWIA.DE	SEGA.L	Difference
Volatility (1M) Calculated over the trailing 1-month period	2.96%	1.45%	+1.51%
Volatility (6M) Calculated over the trailing 6-month period	8.09%	3.66%	+4.43%
Volatility (1Y) Calculated over the trailing 1-year period	11.22%	4.49%	+6.73%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	13.18%	6.99%	+6.19%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	13.18%	6.56%	+6.62%

FWIA.DE vs. SEGA.L - Expense Ratio Comparison

FWIA.DE has a 0.15% expense ratio, which is higher than SEGA.L's 0.09% expense ratio. However, 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. SEGA.L - Dividend Comparison

FWIA.DE has not paid dividends to shareholders, while SEGA.L's dividend yield for the trailing twelve months is around 2.50%.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
FWIA.DE 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%
SEGA.L iShares Core Euro Government Bond UCITS ETF (Dist)	2.50%	2.25%	1.82%	0.97%	0.26%	0.25%	0.45%	0.68%	0.65%	0.69%	0.86%	0.60%

Frequently Asked Questions

Can I hold both FWIA.DE and SEGA.L in my portfolio?

FWIA.DE and SEGA.L have a correlation of 0.23, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, FWIA.DE or SEGA.L?

On fees, SEGA.L is cheaper at 0.09% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, FWIA.DE or SEGA.L?

SEGA.L is cheaper with a 0.09% expense ratio, compared with 0.15% for FWIA.DE.

What is the main difference between FWIA.DE and SEGA.L?

FWIA.DE is categorized as Global Equities, while SEGA.L is European Government Bonds. FWIA.DE tracks FTSE All-World, while SEGA.L tracks Bloomberg Euro Agg Govt TR EUR. They also come from different issuers: Invesco and iShares. Their fees differ too: 0.15% for FWIA.DE and 0.09% for SEGA.L.