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IFSW.L vs. GLOF
Performance
Return for Risk
Drawdowns
Volatility
Dividends

IFSW.L vs. GLOF

Last updated Jun 5, 2026

IFSW.L (iShares Edge MSCI World Multifactor UCITS) and GLOF (iShares Global Equity Factor ETF) are both Global Equities funds from iShares - IFSW.L tracks the MSCI ACWI NR USD while GLOF tracks the STOXX Global Equity Factor Index. Both are passively managed. Over the past 10 years, IFSW.L returned 11.66%/yr vs 12.23%/yr for GLOF. A 0.60 correlation means they provide meaningful diversification when combined. IFSW.L charges 0.55%/yr vs 0.20%/yr for GLOF.

Performance

IFSW.L vs. GLOF - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in iShares Edge MSCI World Multifactor UCITS (IFSW.L) and iShares Global Equity Factor ETF (GLOF). The values are adjusted to include any dividend payments, if applicable.

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Returns By Period

In the year-to-date period, IFSW.L achieves a 11.85% return, which is significantly lower than GLOF's 13.54% return. Both investments have delivered pretty close results over the past 10 years, with IFSW.L having a 11.66% annualized return and GLOF not far ahead at 12.23%.

IFSW.L

1D
-0.50%
1M
4.97%
YTD
11.85%
6M
13.13%
1Y
29.64%
3Y*
21.77%
5Y*
10.89%
10Y*
11.66%

GLOF

1D
0.30%
1M
4.28%
YTD
13.54%
6M
14.44%
1Y
30.49%
3Y*
22.89%
5Y*
11.63%
10Y*
12.23%
*Multi-year figures are annualized to reflect compound growth (CAGR)

IFSW.L vs. GLOF - Yearly Performance Comparison

2026 (YTD)202520242023202220212020201920182017
IFSW.L
iShares Edge MSCI World Multifactor UCITS		11.85%25.73%17.05%15.35%-15.39%20.36%10.69%21.44%-12.34%26.45%
GLOF
iShares Global Equity Factor ETF		13.54%23.92%17.49%22.38%-16.97%18.68%10.00%23.21%-13.70%29.86%

Correlation

The correlation between IFSW.L and GLOF is 0.67, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.

Correlation
Correlation (1Y)
Calculated over the trailing 1-year period

0.67

Correlation (3Y)
Calculated over the trailing 3-year period

0.62

Correlation (5Y)
Calculated over the trailing 5-year period

0.62

Correlation (10Y)
Calculated over the trailing 10-year period

0.61

Correlation (All Time)
Calculated using the full available price history since Sep 9, 2015

0.60

The correlation between IFSW.L and GLOF has been stable across timeframes, ranging from 0.60 to 0.67 - a consistent structural relationship.

IFSW.L vs. GLOF - Sectors Allocation Comparison

Sectors
IFSW.L
GLOF

Technology

31.9%
28.8%

Financial Services

19.3%
16.7%

Consumer Cyclical

10.7%
10.7%

Communication Services

8.0%
8.7%

Healthcare

7.7%
8.2%

Industrials

7.3%
9.3%

Consumer Defensive

5.7%
5.7%

Energy

3.9%
4.4%

Basic Materials

2.2%
3.3%

Utilities

2.1%
3.1%

Real Estate

0.9%
1.1%

Technology

IFSW.L
31.9%
GLOF
28.8%

Financial Services

IFSW.L
19.3%
GLOF
16.7%

Consumer Cyclical

IFSW.L
10.7%
GLOF
10.7%

Communication Services

IFSW.L
8.0%
GLOF
8.7%

Healthcare

IFSW.L
7.7%
GLOF
8.2%

Industrials

IFSW.L
7.3%
GLOF
9.3%

Consumer Defensive

IFSW.L
5.7%
GLOF
5.7%

Energy

IFSW.L
3.9%
GLOF
4.4%

Basic Materials

IFSW.L
2.2%
GLOF
3.3%

Utilities

IFSW.L
2.1%
GLOF
3.1%

Real Estate

IFSW.L
0.9%
GLOF
1.1%

Compare stocks, funds, or ETFs

Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.

iShares Edge MSCI World Multifactor UCITS

iShares Global Equity Factor ETF

Often compared with IFSW.L:
IFSW.L vs. JPGL.DEIFSW.L vs. GERD.DEIFSW.L vs. HWWD.LIFSW.L vs. JPGL.LIFSW.L vs. VOOIFSW.L vs. IWDA.LIFSW.L vs. QWLD
Often compared with GLOF:
GLOF vs. VTGLOF vs. DYNFGLOF vs. IDMOGLOF vs. STLGGLOF vs. RODMGLOF vs. QWLDGLOF vs. VOO

Return for Risk

IFSW.L vs. GLOF — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.
IFSW.L
IFSW.L Risk / Return Rank: 7777
Overall Rank
IFSW.L Sharpe Ratio Rank: 7575
Sharpe Ratio Rank
IFSW.L Sortino Ratio Rank: 8282
Sortino Ratio Rank
IFSW.L Omega Ratio Rank: 7575
Omega Ratio Rank
IFSW.L Calmar Ratio Rank: 7474
Calmar Ratio Rank
IFSW.L Martin Ratio Rank: 8080
Martin Ratio Rank
GLOF
GLOF Risk / Return Rank: 7575
Overall Rank
GLOF Sharpe Ratio Rank: 7676
Sharpe Ratio Rank
GLOF Sortino Ratio Rank: 7878
Sortino Ratio Rank
GLOF Omega Ratio Rank: 7474
Omega Ratio Rank
GLOF Calmar Ratio Rank: 6969
Calmar Ratio Rank
GLOF Martin Ratio Rank: 7979
Martin Ratio Rank
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.

IFSW.L vs. GLOF - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for iShares Edge MSCI World Multifactor UCITS (IFSW.L) and iShares Global Equity Factor ETF (GLOF). 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.

IFSW.LGLOFDifference
Sharpe ratioReturn per unit of total volatility
2.40
2.44

-0.04

Sortino ratioReturn per unit of downside risk
3.63
3.42

+0.21

Omega ratioGain probability vs. loss probability

1.44

1.43

0.00

Calmar ratioReturn relative to maximum drawdown

3.69

3.38

+0.31

Martin ratioReturn relative to average drawdown

15.61

15.11

+0.50

Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

IFSW.L vs. GLOF - Sharpe Ratio Comparison

The current IFSW.L Sharpe Ratio is 2.40, which is comparable to the GLOF Sharpe Ratio of 2.44. The chart below compares the historical Sharpe Ratios of IFSW.L and GLOF, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

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Sharpe Ratios by Period

IFSW.LGLOFDifference

Sharpe Ratio (1Y)

Calculated over the trailing 1-year period

2.40

2.44

-0.04

Sharpe Ratio (5Y)

Calculated over the trailing 5-year period

0.69

0.74

-0.05

Sharpe Ratio (10Y)

Calculated over the trailing 10-year period

0.72

0.71

+0.01

Sharpe Ratio (All Time)

Calculated using the full available price history

0.70

0.60

+0.10

Drawdowns

IFSW.L vs. GLOF - Drawdown Comparison

The maximum IFSW.L drawdown since its inception was -34.49%, roughly equal to the maximum GLOF drawdown of -34.12%. Use the drawdown chart below to compare losses from any high point for IFSW.L and GLOF.

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Drawdown Indicators

IFSW.LGLOFDifference

Max Drawdown

Largest peak-to-trough decline

-34.49%

-34.12%

-0.37%

Max Drawdown (1Y)

Largest decline over 1 year

-7.99%

-9.05%

+1.06%

Max Drawdown (3Y)

Largest decline over 3 years

-15.98%

-16.12%

+0.14%

Max Drawdown (5Y)

Largest decline over 5 years

-24.41%

-25.15%

+0.74%

Max Drawdown (10Y)

Largest decline over 10 years

-34.49%

-34.12%

-0.37%

Current Drawdown

Current decline from peak

-1.00%

-0.47%

-0.53%

Average Drawdown

Average peak-to-trough decline

-5.12%

-6.11%

+0.99%

Ulcer Index

Depth and duration of drawdowns from previous peaks

1.89%

2.02%

-0.13%

Volatility

IFSW.L vs. GLOF - Volatility Comparison

iShares Edge MSCI World Multifactor UCITS (IFSW.L) and iShares Global Equity Factor ETF (GLOF) have volatilities of 3.52% and 3.52%, 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.

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Volatility by Period

IFSW.LGLOFDifference

Volatility (1M)

Calculated over the trailing 1-month period

3.52%

3.52%

0.00%

Volatility (6M)

Calculated over the trailing 6-month period

9.54%

10.10%

-0.56%

Volatility (1Y)

Calculated over the trailing 1-year period

12.29%

12.57%

-0.28%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

15.76%

15.68%

+0.08%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

16.19%

17.17%

-0.98%

IFSW.L vs. GLOF - Expense Ratio Comparison

IFSW.L has a 0.55% expense ratio, which is higher than GLOF's 0.20% expense ratio.

Dividends

IFSW.L vs. GLOF - Dividend Comparison

IFSW.L has not paid dividends to shareholders, while GLOF's dividend yield for the trailing twelve months is around 1.50%.

PositionTTM20252024202320222021202020192018201720162015
GLOF
iShares Global Equity Factor ETF		1.50%1.70%2.59%2.51%2.53%1.90%1.73%2.41%2.03%1.94%1.94%0.92%
IFSW.L
iShares Edge MSCI World Multifactor UCITS		0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%

Frequently Asked Questions

IFSW.L and GLOF have a correlation of 0.67, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

On fees, GLOF is cheaper at 0.20% per year. The better choice depends on whether you care most about return, fees, risk, or income.

GLOF is cheaper with a 0.20% expense ratio, compared with 0.55% for IFSW.L.

IFSW.L tracks MSCI ACWI NR USD, while GLOF tracks STOXX Global Equity Factor Index. Their fees differ too: 0.55% for IFSW.L and 0.20% for GLOF.

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