FWRAX vs. SWRD.L
Compare and contrast key facts about Fidelity Advisor Global Real Estate Fund Class A (FWRAX) and SPDR MSCI World UCITS ETF (SWRD.L).
FWRAX is managed by Fidelity. It was launched on Aug 11, 2016. SWRD.L is a passively managed fund by State Street that tracks the performance of the MSCI World Index. It was launched on Feb 28, 2019.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: FWRAX or SWRD.L.
Performance
FWRAX vs. SWRD.L - Performance Comparison
Returns By Period
In the year-to-date period, FWRAX achieves a 5.50% return, which is significantly lower than SWRD.L's 19.74% return.
FWRAX
5.50%
-2.28%
10.76%
16.89%
1.92%
N/A
SWRD.L
19.74%
0.77%
8.94%
26.84%
12.45%
N/A
Key characteristics
| FWRAX | SWRD.L | |
|---|---|---|
| Sharpe Ratio | 1.28 | 2.32 |
| Sortino Ratio | 1.84 | 3.24 |
| Omega Ratio | 1.23 | 1.43 |
| Calmar Ratio | 0.72 | 3.23 |
| Martin Ratio | 4.48 | 14.92 |
| Ulcer Index | 3.88% | 1.78% |
| Daily Std Dev | 13.59% | 11.38% |
| Max Drawdown | -41.27% | -34.10% |
| Current Drawdown | -11.32% | -1.27% |
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FWRAX vs. SWRD.L - Expense Ratio Comparison
FWRAX has a 1.20% expense ratio, which is higher than SWRD.L's 0.12% expense ratio.
Correlation
The correlation between FWRAX and SWRD.L is 0.48, 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.
Risk-Adjusted Performance
FWRAX vs. SWRD.L - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Fidelity Advisor Global Real Estate Fund Class A (FWRAX) and SPDR MSCI World UCITS ETF (SWRD.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.
Dividends
FWRAX vs. SWRD.L - Dividend Comparison
FWRAX's dividend yield for the trailing twelve months is around 2.21%, while SWRD.L has not paid dividends to shareholders.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | |
|---|---|---|---|---|---|---|---|---|---|
FWRAX Fidelity Advisor Global Real Estate Fund Class A | 2.21% | 2.33% | 0.94% | 1.17% | 1.29% | 2.05% | 1.63% | 1.35% | 0.80% |
SWRD.L SPDR MSCI World UCITS ETF | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Drawdowns
FWRAX vs. SWRD.L - Drawdown Comparison
The maximum FWRAX drawdown since its inception was -41.27%, which is greater than SWRD.L's maximum drawdown of -34.10%. Use the drawdown chart below to compare losses from any high point for FWRAX and SWRD.L. For additional features, visit the drawdowns tool.
Volatility
FWRAX vs. SWRD.L - Volatility Comparison
Fidelity Advisor Global Real Estate Fund Class A (FWRAX) and SPDR MSCI World UCITS ETF (SWRD.L) have volatilities of 3.59% and 3.53%, 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.