GOGB.L vs. IWFQ.L
Compare and contrast key facts about VanEck Morningstar Global Wide Moat UCITS ETF (GOGB.L) and iShares MSCI World Quality Factor UCITS (IWFQ.L).
GOGB.L and IWFQ.L are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. GOGB.L is a passively managed fund by VanEck that tracks the performance of the MSCI ACWI NR USD. It was launched on Jul 7, 2020. IWFQ.L is a passively managed fund by iShares that tracks the performance of the MSCI ACWI NR USD. It was launched on Oct 3, 2014. Both GOGB.L and IWFQ.L are passive ETFs, meaning that they are not actively managed but aim to replicate the performance of the underlying index as closely as possible.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: GOGB.L or IWFQ.L.
Key characteristics
| GOGB.L | IWFQ.L | |
|---|---|---|
| YTD Return | 4.79% | 10.90% |
| 1Y Return | 10.07% | 27.75% |
| 3Y Return (Ann) | 5.14% | 11.08% |
| Sharpe Ratio | 1.01 | 2.48 |
| Daily Std Dev | 10.36% | 11.11% |
| Max Drawdown | -12.71% | -23.91% |
| Current Drawdown | -0.56% | -0.69% |
Correlation
The correlation between GOGB.L and IWFQ.L is 0.91, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.
Performance
GOGB.L vs. IWFQ.L - Performance Comparison
In the year-to-date period, GOGB.L achieves a 4.79% return, which is significantly lower than IWFQ.L's 10.90% return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
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GOGB.L vs. IWFQ.L - Expense Ratio Comparison
GOGB.L has a 0.52% expense ratio, which is higher than IWFQ.L's 0.30% expense ratio.
Risk-Adjusted Performance
GOGB.L vs. IWFQ.L - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for VanEck Morningstar Global Wide Moat UCITS ETF (GOGB.L) and iShares MSCI World Quality Factor UCITS (IWFQ.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
GOGB.L vs. IWFQ.L - Dividend Comparison
Neither GOGB.L nor IWFQ.L has paid dividends to shareholders.
Drawdowns
GOGB.L vs. IWFQ.L - Drawdown Comparison
The maximum GOGB.L drawdown since its inception was -12.71%, smaller than the maximum IWFQ.L drawdown of -23.91%. Use the drawdown chart below to compare losses from any high point for GOGB.L and IWFQ.L. For additional features, visit the drawdowns tool.
Volatility
GOGB.L vs. IWFQ.L - Volatility Comparison
The current volatility for VanEck Morningstar Global Wide Moat UCITS ETF (GOGB.L) is 4.00%, while iShares MSCI World Quality Factor UCITS (IWFQ.L) has a volatility of 5.08%. This indicates that GOGB.L experiences smaller price fluctuations and is considered to be less risky than IWFQ.L based on this measure. The chart below showcases a comparison of their rolling one-month volatility.