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IG.MI vs. SWDA.L
Performance
Return for Risk
Drawdowns
Volatility
Dividends

IG.MI vs. SWDA.L

Last updated Jun 4, 2026

IG.MI (Italgas SpA) is a stock, while SWDA.L (iShares Core MSCI World UCITS ETF USD (Acc)) is Global Equities fund tracking the MSCI ACWI NR USD. Over the past 5 years, IG.MI returned 17.70%/yr vs 12.89%/yr for SWDA.L. At a 0.27 correlation, their price movements are largely independent.

Performance

IG.MI vs. SWDA.L - Performance Comparison

The chart below illustrates the hypothetical performance of a €10,000 investment in Italgas SpA (IG.MI) and iShares Core MSCI World UCITS ETF USD (Acc) (SWDA.L). The values are adjusted to include any dividend payments, if applicable.

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Different Trading Currencies

IG.MI is traded in EUR, while SWDA.L is traded in GBp. To make them comparable, the SWDA.L values have been converted to EUR using the latest available exchange rates.

Returns By Period

In the year-to-date period, IG.MI achieves a 8.46% return, which is significantly lower than SWDA.L's 10.97% return.

IG.MI

1D
0.67%
1M
2.48%
YTD
8.46%
6M
9.03%
1Y
48.49%
3Y*
27.50%
5Y*
17.70%
10Y*
—

SWDA.L

1D
-0.30%
1M
5.06%
YTD
10.97%
6M
11.49%
1Y
23.80%
3Y*
17.63%
5Y*
12.89%
10Y*
12.92%
*Multi-year figures are annualized to reflect compound growth (CAGR)

IG.MI vs. SWDA.L - Yearly Performance Comparison

2026 (YTD)202520242023202220212020201920182017
IG.MI
Italgas SpA		8.46%84.30%10.38%4.55%-10.83%21.18%-0.30%12.75%1.66%41.15%
SWDA.L
iShares Core MSCI World UCITS ETF USD (Acc)		10.97%6.76%26.95%20.08%-13.06%31.68%6.15%30.86%-4.97%7.38%

Correlation

The correlation between IG.MI and SWDA.L is 0.20, which is low. Their price movements are largely independent, making them effective diversification partners.

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

0.20

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

0.18

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

0.26

Correlation (All Time)
Calculated using the full available price history since Nov 8, 2016

0.27

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Italgas SpA

iShares Core MSCI World UCITS ETF USD (Acc)

Often compared with IG.MI:
IG.MI vs. SRG.MIIG.MI vs. A2A.MIIG.MI vs. SPYIG.MI vs. TRN.MIIG.MI vs. ENEL.MIIG.MI vs. NEMIG.MI vs. BRK-B
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

IG.MI vs. SWDA.L — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.
IG.MI
IG.MI Risk / Return Rank: 8989
Overall Rank
IG.MI Sharpe Ratio Rank: 9292
Sharpe Ratio Rank
IG.MI Sortino Ratio Rank: 9090
Sortino Ratio Rank
IG.MI Omega Ratio Rank: 8989
Omega Ratio Rank
IG.MI Calmar Ratio Rank: 8686
Calmar Ratio Rank
IG.MI Martin Ratio Rank: 8888
Martin Ratio Rank
SWDA.L
SWDA.L Risk / Return Rank: 8181
Overall Rank
SWDA.L Sharpe Ratio Rank: 8080
Sharpe Ratio Rank
SWDA.L Sortino Ratio Rank: 8181
Sortino Ratio Rank
SWDA.L Omega Ratio Rank: 8282
Omega Ratio Rank
SWDA.L Calmar Ratio Rank: 7979
Calmar Ratio Rank
SWDA.L Martin Ratio Rank: 8181
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.

IG.MI vs. SWDA.L - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Italgas SpA (IG.MI) 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.

IG.MISWDA.LDifference
Sharpe ratioReturn per unit of total volatility
2.49
2.18

+0.31

Sortino ratioReturn per unit of downside risk
3.25
3.07

+0.18

Omega ratioGain probability vs. loss probability

1.42

1.41

+0.01

Calmar ratioReturn relative to maximum drawdown

3.65

3.63

+0.02

Martin ratioReturn relative to average drawdown

10.57

14.81

-4.24

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

IG.MI vs. SWDA.L - Sharpe Ratio Comparison

The current IG.MI Sharpe Ratio is 2.49, which is comparable to the SWDA.L Sharpe Ratio of 2.18. The chart below compares the historical Sharpe Ratios of IG.MI 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.

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Sharpe Ratios by Period

IG.MISWDA.LDifference

Sharpe Ratio (1Y)

Calculated over the trailing 1-year period

2.49

2.18

+0.31

Sharpe Ratio (5Y)

Calculated over the trailing 5-year period

0.86

0.92

-0.05

Sharpe Ratio (10Y)

Calculated over the trailing 10-year period

—

0.85

—

Sharpe Ratio (All Time)

Calculated using the full available price history

0.66

0.85

-0.20

Drawdowns

IG.MI vs. SWDA.L - Drawdown Comparison

The maximum IG.MI drawdown since its inception was -34.67%, which is greater than SWDA.L's maximum drawdown of -33.00%. Use the drawdown chart below to compare losses from any high point for IG.MI and SWDA.L.

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Drawdown Indicators

IG.MISWDA.LDifference

Max Drawdown

Largest peak-to-trough decline

-34.67%

-33.00%

-1.67%

Max Drawdown (1Y)

Largest decline over 1 year

-13.28%

-6.53%

-6.75%

Max Drawdown (3Y)

Largest decline over 3 years

-16.15%

-20.55%

+4.40%

Max Drawdown (5Y)

Largest decline over 5 years

-26.04%

-20.55%

-5.49%

Max Drawdown (10Y)

Largest decline over 10 years

—

-33.00%

—

Current Drawdown

Current decline from peak

-7.69%

-0.30%

-7.39%

Average Drawdown

Average peak-to-trough decline

-7.71%

-4.31%

-3.40%

Ulcer Index

Depth and duration of drawdowns from previous peaks

4.59%

1.60%

+2.99%

Volatility

IG.MI vs. SWDA.L - Volatility Comparison

Italgas SpA (IG.MI) has a higher volatility of 5.23% compared to iShares Core MSCI World UCITS ETF USD (Acc) (SWDA.L) at 2.21%. This indicates that IG.MI'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.

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Volatility by Period

IG.MISWDA.LDifference

Volatility (1M)

Calculated over the trailing 1-month period

5.23%

2.21%

+3.02%

Volatility (6M)

Calculated over the trailing 6-month period

15.93%

7.57%

+8.36%

Volatility (1Y)

Calculated over the trailing 1-year period

19.49%

10.95%

+8.54%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

20.35%

14.07%

+6.28%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

22.58%

15.15%

+7.43%

Dividends

IG.MI vs. SWDA.L - Dividend Comparison

IG.MI's dividend yield for the trailing twelve months is around 4.37%, while SWDA.L has not paid dividends to shareholders.

PositionTTM202520242023202220212020201920182017
IG.MI
Italgas SpA		4.37%3.53%5.39%5.07%4.71%3.79%4.08%3.56%3.45%3.25%
SWDA.L
iShares Core MSCI World UCITS ETF USD (Acc)		0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%

Frequently Asked Questions

IG.MI and SWDA.L have a correlation of 0.20, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

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