FWRA.L vs. ARM

Last updated Apr 1, 2026

Compare and contrast key facts about Invesco FTSE All-World UCITS ETF USD Accumulation (FWRA.L) and Arm Holdings plc American Depositary Shares (ARM).

FWRA.L is a passively managed fund by Invesco that tracks the performance of the FTSE All-World Index. It was launched on Feb 20, 2024.

Performance

FWRA.L vs. ARM - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Invesco FTSE All-World UCITS ETF USD Accumulation (FWRA.L) and Arm Holdings plc American Depositary Shares (ARM). The values are adjusted to include any dividend payments, if applicable.

FWRA.L vs. ARM - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023
FWRA.L Invesco FTSE All-World UCITS ETF USD Accumulation	-4.38%	22.37%	18.07%	6.51%
ARM Arm Holdings plc American Depositary Shares	38.40%	-11.39%	64.16%	18.17%

Returns By Period

In the year-to-date period, FWRA.L achieves a -4.38% return, which is significantly lower than ARM's 38.40% return.

FWRA.L

• 1D: 0.39%
• 1M: -7.98%
• YTD: -4.38%
• 6M: -0.27%
• 1Y: 19.76%
• 3Y*: —
• 5Y*: —
• 10Y*: —

ARM

• 1D: 10.46%
• 1M: 18.70%
• YTD: 38.40%
• 6M: 6.92%
• 1Y: 41.66%
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

Return for Risk

FWRA.L vs. ARM — Risk / Return Rank

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

FWRA.L

FWRA.L Risk / Return Rank: 79
FWRA.L Sharpe Ratio Rank: 74
FWRA.L Sortino Ratio Rank: 73
FWRA.L Omega Ratio Rank: 73
FWRA.L Calmar Ratio Rank: 85
FWRA.L Martin Ratio Rank: 89

ARM

ARM Risk / Return Rank: 65
ARM Sharpe Ratio Rank: 67
ARM Sortino Ratio Rank: 68
ARM Omega Ratio Rank: 65
ARM Calmar Ratio Rank: 64
ARM Martin Ratio Rank: 62

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.

FWRA.L vs. ARM - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Invesco FTSE All-World UCITS ETF USD Accumulation (FWRA.L) and Arm Holdings plc American Depositary Shares (ARM). 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.

	FWRA.L	ARM	Difference
Sharpe ratio Return per unit of total volatility	1.30	0.71	+0.59
Sortino ratio Return per unit of downside risk	1.81	1.45	+0.36
Omega ratio Gain probability vs. loss probability	1.26	1.18	+0.08
Calmar ratio Return relative to maximum drawdown	2.50	0.97	+1.52
Martin ratio Return relative to average drawdown	10.99	1.95	+9.04
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

FWRA.L vs. ARM - Sharpe Ratio Comparison

The current FWRA.L Sharpe Ratio is 1.30, which is higher than the ARM Sharpe Ratio of 0.71. The chart below compares the historical Sharpe Ratios of FWRA.L and ARM, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

Sharpe Ratios by Period

	FWRA.L	ARM	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	1.30	0.71	+0.59
Sharpe Ratio (All Time) Calculated using the full available price history	1.20	0.56	+0.64

Correlation

The correlation between FWRA.L and ARM is 0.41, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.

Dividends

FWRA.L vs. ARM - Dividend Comparison

Neither FWRA.L nor ARM has paid dividends to shareholders.

Tickers have no history of dividend payments

Drawdowns

FWRA.L vs. ARM - Drawdown Comparison

The maximum FWRA.L drawdown since its inception was -16.60%, smaller than the maximum ARM drawdown of -53.97%. Use the drawdown chart below to compare losses from any high point for FWRA.L and ARM.

Drawdown Indicators

	FWRA.L	ARM	Difference
Max Drawdown Largest peak-to-trough decline	-16.60%	-53.97%	+37.37%
Max Drawdown (1Y) Largest decline over 1 year	-11.62%	-41.47%	+29.85%
Current Drawdown Current decline from peak	-8.34%	-18.87%	+10.53%
Average Drawdown Average peak-to-trough decline	-1.98%	-22.29%	+20.31%
Ulcer Index Depth and duration of drawdowns from previous peaks	1.98%	20.67%	-18.69%

Volatility

FWRA.L vs. ARM - Volatility Comparison

The current volatility for Invesco FTSE All-World UCITS ETF USD Accumulation (FWRA.L) is 5.22%, while Arm Holdings plc American Depositary Shares (ARM) has a volatility of 23.62%. This indicates that FWRA.L experiences smaller price fluctuations and is considered to be less risky than ARM based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	FWRA.L	ARM	Difference
Volatility (1M) Calculated over the trailing 1-month period	5.22%	23.62%	-18.40%
Volatility (6M) Calculated over the trailing 6-month period	8.78%	39.06%	-30.28%
Volatility (1Y) Calculated over the trailing 1-year period	15.09%	58.98%	-43.89%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	13.30%	72.68%	-59.38%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	13.30%	72.68%	-59.38%