IUMF.L vs. IWFM.L
Compare and contrast key facts about IShares Edge MSCI USA Momentum Factor ETF (IUMF.L) and iShares Edge MSCI World Momentum Factor UCITS ETF (Acc) (IWFM.L).
IUMF.L and IWFM.L are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. IUMF.L is a passively managed fund by iShares that tracks the performance of the Russell 1000 Growth TR USD. It was launched on Oct 13, 2016. IWFM.L is a passively managed fund by iShares that tracks the performance of the MSCI ACWI Growth NR USD. It was launched on Oct 3, 2014. Both IUMF.L and IWFM.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: IUMF.L or IWFM.L.
Key characteristics
| IUMF.L | IWFM.L | |
|---|---|---|
| YTD Return | 20.73% | 21.33% |
| 1Y Return | 27.10% | 27.41% |
| 3Y Return (Ann) | 5.93% | 7.22% |
| 5Y Return (Ann) | 10.08% | 10.90% |
| Sharpe Ratio | 1.59 | 1.74 |
| Daily Std Dev | 17.97% | 16.22% |
| Max Drawdown | -25.23% | -22.58% |
| Current Drawdown | -6.21% | -5.98% |
Correlation
The correlation between IUMF.L and IWFM.L is 0.96, 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
IUMF.L vs. IWFM.L - Performance Comparison
The year-to-date returns for both investments are quite close, with IUMF.L having a 20.73% return and IWFM.L slightly higher at 21.33%. 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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IUMF.L vs. IWFM.L - Expense Ratio Comparison
IUMF.L has a 0.20% expense ratio, which is lower than IWFM.L's 0.30% expense ratio.
Risk-Adjusted Performance
IUMF.L vs. IWFM.L - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for IShares Edge MSCI USA Momentum Factor ETF (IUMF.L) and iShares Edge MSCI World Momentum Factor UCITS ETF (Acc) (IWFM.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
IUMF.L vs. IWFM.L - Dividend Comparison
Neither IUMF.L nor IWFM.L has paid dividends to shareholders.
Drawdowns
IUMF.L vs. IWFM.L - Drawdown Comparison
The maximum IUMF.L drawdown since its inception was -25.23%, which is greater than IWFM.L's maximum drawdown of -22.58%. Use the drawdown chart below to compare losses from any high point for IUMF.L and IWFM.L. For additional features, visit the drawdowns tool.
Volatility
IUMF.L vs. IWFM.L - Volatility Comparison
IShares Edge MSCI USA Momentum Factor ETF (IUMF.L) has a higher volatility of 6.86% compared to iShares Edge MSCI World Momentum Factor UCITS ETF (Acc) (IWFM.L) at 6.39%. This indicates that IUMF.L's price experiences larger fluctuations and is considered to be riskier than IWFM.L based on this measure. The chart below showcases a comparison of their rolling one-month volatility.