IFSW.L vs. JPLG.L

Last updated Jun 4, 2026

IFSW.L (iShares Edge MSCI World Multifactor UCITS) and JPLG.L (JPMorgan Global Equity Multi-Factor UCITS ETF Accumulating) are both Global Equities funds tracking the MSCI ACWI NR USD, from iShares and JPMorgan respectively. Both are passively managed. Over the past 5 years, IFSW.L returned 11.00%/yr vs 9.24%/yr for JPLG.L. Their correlation of 0.82 suggests significant overlap in exposure. IFSW.L charges 0.55%/yr vs 0.20%/yr for JPLG.L.

Performance

IFSW.L vs. JPLG.L - Performance Comparison

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

Different Trading Currencies

IFSW.L is traded in USD, while JPLG.L is traded in GBp. To make them comparable, the JPLG.L values have been converted to USD using the latest available exchange rates.

Returns By Period

In the year-to-date period, IFSW.L achieves a 12.41% return, which is significantly higher than JPLG.L's 10.50% return.

IFSW.L

• 1D: -0.50%
• 1M: 5.52%
• YTD: 12.41%
• 6M: 13.96%
• 1Y: 30.93%
• 3Y*: 22.01%
• 5Y*: 11.00%
• 10Y*: 11.78%

JPLG.L

• 1D: 0.41%
• 1M: 2.46%
• YTD: 10.50%
• 6M: 12.13%
• 1Y: 22.26%
• 3Y*: 16.83%
• 5Y*: 9.24%
• 10Y*: —

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

IFSW.L vs. JPLG.L - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019
IFSW.L iShares Edge MSCI World Multifactor UCITS	12.41%	25.73%	17.05%	15.35%	-15.39%	20.36%	10.69%	5.04%
JPLG.L JPMorgan Global Equity Multi-Factor UCITS ETF Accumulating	10.50%	18.42%	10.23%	12.69%	-10.05%	23.54%	5.71%	6.20%

Correlation

The correlation between IFSW.L and JPLG.L 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	0.73
Correlation (5Y) Calculated over the trailing 5-year period	0.80
Correlation (All Time) Calculated using the full available price history since Jul 17, 2019	0.82

The correlation between IFSW.L and JPLG.L shifts across timeframes, from 0.67 (1 year) to 0.82 (all time), reflecting how their relationship changes across market environments.

IFSW.L vs. JPLG.L - Sectors Allocation Comparison

Sectors	IFSW.L	JPLG.L
Technology	31.9%	10.7%
Financial Services	19.3%	11.3%
Consumer Cyclical	10.7%	7.9%
Communication Services	8.0%	5.8%
Healthcare	7.7%	12.2%
Industrials	7.3%	10.5%
Consumer Defensive	5.7%	8.4%
Energy	3.9%	8.4%
Basic Materials	2.2%	8.1%
Utilities	2.1%	9.3%
Real Estate	0.9%	7.5%

Return for Risk

IFSW.L vs. JPLG.L — 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: 79
IFSW.L Sharpe Ratio Rank: 76
IFSW.L Sortino Ratio Rank: 83
IFSW.L Omega Ratio Rank: 76
IFSW.L Calmar Ratio Rank: 76
IFSW.L Martin Ratio Rank: 81

JPLG.L

JPLG.L Risk / Return Rank: 83
JPLG.L Sharpe Ratio Rank: 87
JPLG.L Sortino Ratio Rank: 87
JPLG.L Omega Ratio Rank: 85
JPLG.L Calmar Ratio Rank: 80
JPLG.L Martin Ratio Rank: 79

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. JPLG.L - Risk-Adjusted Trends Comparison

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

	IFSW.L	JPLG.L	Difference
Sharpe ratio: Return per unit of total volatility	2.51	2.42	+0.09
Sortino ratio: Return per unit of downside risk	3.77	3.52	+0.25
Omega ratio: Gain probability vs. loss probability	1.46	1.42	+0.04
Calmar ratio: Return relative to maximum drawdown	3.85	3.36	+0.50
Martin ratio: Return relative to average drawdown	16.31	12.57	+3.74
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. JPLG.L - Sharpe Ratio Comparison

The current IFSW.L Sharpe Ratio is 2.51, which is comparable to the JPLG.L Sharpe Ratio of 2.42. The chart below compares the historical Sharpe Ratios of IFSW.L and JPLG.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

	IFSW.L	JPLG.L	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	2.51	2.42	+0.09
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.70	0.70	0.00
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.73	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.70	0.68	+0.02

Drawdowns

IFSW.L vs. JPLG.L - Drawdown Comparison

The maximum IFSW.L drawdown since its inception was -34.49%, roughly equal to the maximum JPLG.L drawdown of -35.38%. Use the drawdown chart below to compare losses from any high point for IFSW.L and JPLG.L.

Drawdown Indicators

	IFSW.L	JPLG.L	Difference
Max Drawdown Largest peak-to-trough decline	-34.49%	-35.38%	+0.89%
Max Drawdown (1Y) Largest decline over 1 year	-7.99%	-6.61%	-1.38%
Max Drawdown (3Y) Largest decline over 3 years	-15.98%	-12.54%	-3.44%
Max Drawdown (5Y) Largest decline over 5 years	-24.41%	-21.57%	-2.84%
Max Drawdown (10Y) Largest decline over 10 years	-34.49%	—	—
Current Drawdown Current decline from peak	-0.50%	0.00%	-0.50%
Average Drawdown Average peak-to-trough decline	-5.12%	-4.51%	-0.61%
Ulcer Index Depth and duration of drawdowns from previous peaks	1.89%	1.77%	+0.12%

Volatility

IFSW.L vs. JPLG.L - Volatility Comparison

iShares Edge MSCI World Multifactor UCITS (IFSW.L) has a higher volatility of 3.45% compared to JPMorgan Global Equity Multi-Factor UCITS ETF Accumulating (JPLG.L) at 2.36%. This indicates that IFSW.L's price experiences larger fluctuations and is considered to be riskier than JPLG.L based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	IFSW.L	JPLG.L	Difference
Volatility (1M) Calculated over the trailing 1-month period	3.45%	2.36%	+1.09%
Volatility (6M) Calculated over the trailing 6-month period	9.52%	6.92%	+2.60%
Volatility (1Y) Calculated over the trailing 1-year period	12.28%	9.17%	+3.11%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	15.76%	13.19%	+2.57%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	16.19%	15.84%	+0.35%

IFSW.L vs. JPLG.L - Expense Ratio Comparison

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

Dividends

IFSW.L vs. JPLG.L - Dividend Comparison

Neither IFSW.L nor JPLG.L has paid dividends to shareholders.

Tickers have no history of dividend payments

Frequently Asked Questions

Can I hold both IFSW.L and JPLG.L in my portfolio?

IFSW.L and JPLG.L 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.

Which ETF is better, IFSW.L or JPLG.L?

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

Which ETF is cheaper, IFSW.L or JPLG.L?

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

What is the main difference between IFSW.L and JPLG.L?

Both ETFs track MSCI ACWI NR USD. They also come from different issuers: iShares and JPMorgan. Their fees differ too: 0.55% for IFSW.L and 0.20% for JPLG.L.