PortfoliosLab logoPortfoliosLab logo

Documentation

Upgrade your plan
IFSW.L vs. SWDA.L
Performance
Return for Risk
Drawdowns
Volatility
Dividends

IFSW.L vs. SWDA.L

Last updated Jun 5, 2026

IFSW.L (iShares Edge MSCI World Multifactor UCITS) and SWDA.L (iShares Core MSCI World UCITS ETF USD (Acc)) are both Global Equities funds from iShares - IFSW.L tracks the MSCI ACWI NR USD while SWDA.L tracks the MSCI World Index. Both are passively managed. Over the past 10 years, IFSW.L returned 11.66%/yr vs 13.08%/yr for SWDA.L. Their correlation of 0.88 suggests significant overlap in exposure. IFSW.L charges 0.55%/yr vs 0.20%/yr for SWDA.L.

Performance

IFSW.L vs. SWDA.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 iShares Core MSCI World UCITS ETF USD (Acc) (SWDA.L). The values are adjusted to include any dividend payments, if applicable.

Loading charts...

Different Trading Currencies

IFSW.L is traded in USD, while SWDA.L is traded in GBp. To make them comparable, the SWDA.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 11.85% return, which is significantly higher than SWDA.L's 9.81% return. Over the past 10 years, IFSW.L has underperformed SWDA.L with an annualized return of 11.66%, while SWDA.L has yielded a comparatively higher 13.08% annualized return.

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%

SWDA.L

1D
0.20%
1M
4.22%
YTD
9.81%
6M
11.17%
1Y
26.04%
3Y*
20.71%
5Y*
11.87%
10Y*
13.08%
*Multi-year figures are annualized to reflect compound growth (CAGR)

IFSW.L vs. SWDA.L - 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%
SWDA.L
iShares Core MSCI World UCITS ETF USD (Acc)		9.81%21.14%19.09%23.79%-18.13%22.52%15.68%27.97%-9.23%22.42%

Correlation

The correlation between IFSW.L and SWDA.L is 0.87, indicating a strong positive relationship between their price movements. Combining them offers limited diversification - they tend to fall together during downturns.

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

0.87

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

0.89

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

0.89

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

0.87

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

0.88

The correlation between IFSW.L and SWDA.L has been stable across timeframes, ranging from 0.87 to 0.89 - a consistent structural relationship.

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

Sectors
IFSW.L
SWDA.L

Technology

31.9%
30.0%

Financial Services

19.3%
15.4%

Consumer Cyclical

10.7%
9.0%

Communication Services

8.0%
9.2%

Healthcare

7.7%
8.7%

Industrials

7.3%
10.9%

Consumer Defensive

5.7%
5.2%

Energy

3.9%
4.2%

Basic Materials

2.2%
3.2%

Utilities

2.1%
2.5%

Real Estate

0.9%
1.8%

Technology

IFSW.L
31.9%
SWDA.L
30.0%

Financial Services

IFSW.L
19.3%
SWDA.L
15.4%

Consumer Cyclical

IFSW.L
10.7%
SWDA.L
9.0%

Communication Services

IFSW.L
8.0%
SWDA.L
9.2%

Healthcare

IFSW.L
7.7%
SWDA.L
8.7%

Industrials

IFSW.L
7.3%
SWDA.L
10.9%

Consumer Defensive

IFSW.L
5.7%
SWDA.L
5.2%

Energy

IFSW.L
3.9%
SWDA.L
4.2%

Basic Materials

IFSW.L
2.2%
SWDA.L
3.2%

Utilities

IFSW.L
2.1%
SWDA.L
2.5%

Real Estate

IFSW.L
0.9%
SWDA.L
1.8%

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 Core MSCI World UCITS ETF USD (Acc)

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 SWDA.L:
SWDA.L vs. IWDA.LSWDA.L vs. VWRP.LSWDA.L vs. VWCE.DESWDA.L vs. SPYSWDA.L vs. IUSQ.DESWDA.L vs. EUN.LSWDA.L vs. VOO

Return for Risk

IFSW.L vs. SWDA.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: 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
SWDA.L
SWDA.L Risk / Return Rank: 8383
Overall Rank
SWDA.L Sharpe Ratio Rank: 8383
Sharpe Ratio Rank
SWDA.L Sortino Ratio Rank: 8383
Sortino Ratio Rank
SWDA.L Omega Ratio Rank: 8484
Omega Ratio Rank
SWDA.L Calmar Ratio Rank: 8181
Calmar Ratio Rank
SWDA.L Martin Ratio Rank: 8383
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. SWDA.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 iShares Core MSCI World UCITS ETF USD (Acc) (SWDA.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.LSWDA.LDifference
Sharpe ratioReturn per unit of total volatility
2.40
2.27

+0.13

Sortino ratioReturn per unit of downside risk
3.63
3.37

+0.26

Omega ratioGain probability vs. loss probability

1.44

1.41

+0.03

Calmar ratioReturn relative to maximum drawdown

3.69

3.02

+0.68

Martin ratioReturn relative to average drawdown

15.61

13.29

+2.33

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. SWDA.L - Sharpe Ratio Comparison

The current IFSW.L Sharpe Ratio is 2.40, which is comparable to the SWDA.L Sharpe Ratio of 2.27. The chart below compares the historical Sharpe Ratios of IFSW.L and SWDA.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.

Loading charts...

Sharpe Ratios by Period

IFSW.LSWDA.LDifference

Sharpe Ratio (1Y)

Calculated over the trailing 1-year period

2.40

2.27

+0.13

Sharpe Ratio (5Y)

Calculated over the trailing 5-year period

0.69

0.78

-0.08

Sharpe Ratio (10Y)

Calculated over the trailing 10-year period

0.72

0.83

-0.11

Sharpe Ratio (All Time)

Calculated using the full available price history

0.70

0.73

-0.03

Drawdowns

IFSW.L vs. SWDA.L - Drawdown Comparison

The maximum IFSW.L drawdown since its inception was -34.49%, roughly equal to the maximum SWDA.L drawdown of -33.62%. Use the drawdown chart below to compare losses from any high point for IFSW.L and SWDA.L.

Loading charts...

Drawdown Indicators

IFSW.LSWDA.LDifference

Max Drawdown

Largest peak-to-trough decline

-34.49%

-33.62%

-0.87%

Max Drawdown (1Y)

Largest decline over 1 year

-7.99%

-8.59%

+0.60%

Max Drawdown (3Y)

Largest decline over 3 years

-15.98%

-17.07%

+1.09%

Max Drawdown (5Y)

Largest decline over 5 years

-24.41%

-26.50%

+2.09%

Max Drawdown (10Y)

Largest decline over 10 years

-34.49%

-33.62%

-0.87%

Current Drawdown

Current decline from peak

-1.00%

-0.42%

-0.58%

Average Drawdown

Average peak-to-trough decline

-5.12%

-4.58%

-0.54%

Ulcer Index

Depth and duration of drawdowns from previous peaks

1.89%

1.95%

-0.06%

Volatility

IFSW.L vs. SWDA.L - Volatility Comparison

iShares Edge MSCI World Multifactor UCITS (IFSW.L) has a higher volatility of 3.52% compared to iShares Core MSCI World UCITS ETF USD (Acc) (SWDA.L) at 2.81%. This indicates that IFSW.L's price experiences larger fluctuations and is considered to be riskier than SWDA.L based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Loading charts...

Volatility by Period

IFSW.LSWDA.LDifference

Volatility (1M)

Calculated over the trailing 1-month period

3.52%

2.81%

+0.71%

Volatility (6M)

Calculated over the trailing 6-month period

9.54%

8.58%

+0.96%

Volatility (1Y)

Calculated over the trailing 1-year period

12.29%

11.41%

+0.88%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

15.76%

15.30%

+0.46%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

16.19%

15.73%

+0.46%

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

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

Dividends

IFSW.L vs. SWDA.L - Dividend Comparison

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

Tickers have no history of dividend payments

Frequently Asked Questions

IFSW.L and SWDA.L have a correlation of 0.87, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

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

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

IFSW.L tracks MSCI ACWI NR USD, while SWDA.L tracks MSCI World Index. Their fees differ too: 0.55% for IFSW.L and 0.20% for SWDA.L.

Portfolio Optimizer

Find the right allocation for IFSW.L and SWDA.L

Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.

Open Portfolio Optimizer