IUMF.L vs. SUWG.L

Last updated Jun 16, 2026

IUMF.L (iShares Edge MSCI USA Momentum Factor UCITS ETF) and SUWG.L (iShares MSCI World SRI UCITS ETF USD (Dist)) are both exchange-traded funds - IUMF.L is a Momentum fund tracking the MSCI USA Momentum Index, while SUWG.L is a Global Equities fund tracking the MSCI ACWI NR USD. Both are passively managed. Over the past 5 years, IUMF.L returned 16.22%/yr vs 10.67%/yr for SUWG.L. A 0.74 correlation means they provide meaningful diversification when combined. Both charge a 0.20% expense ratio.

Performance

IUMF.L vs. SUWG.L - Performance Comparison

The chart below illustrates the hypothetical performance of a £10,000 investment in iShares Edge MSCI USA Momentum Factor UCITS ETF (IUMF.L) and iShares MSCI World SRI UCITS ETF USD (Dist) (SUWG.L). The values are adjusted to include any dividend payments, if applicable.

Different Trading Currencies

IUMF.L is traded in GBp, while SUWG.L is traded in GBP. To make them comparable, the SUWG.L values have been converted to GBp using the latest available exchange rates.

Returns By Period

In the year-to-date period, IUMF.L achieves a 34.18% return, which is significantly higher than SUWG.L's 11.81% return.

IUMF.L

• 1D: 2.57%
• 1M: 10.39%
• YTD: 34.18%
• 6M: 33.98%
• 1Y: 47.38%
• 3Y*: 29.94%
• 5Y*: 16.22%
• 10Y*: —

SUWG.L

• 1D: 1.15%
• 1M: 3.78%
• YTD: 11.81%
• 6M: 11.81%
• 1Y: 24.04%
• 3Y*: 13.36%
• 5Y*: 10.67%
• 10Y*: —

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

IUMF.L vs. SUWG.L - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021
IUMF.L iShares Edge MSCI USA Momentum Factor UCITS ETF	34.18%	9.14%	34.88%	3.74%	-8.43%	11.20%
SUWG.L iShares MSCI World SRI UCITS ETF USD (Dist)	11.81%	7.29%	12.84%	18.47%	-11.83%	28.01%

Correlation

The correlation between IUMF.L and SUWG.L is 0.72, 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	0.72
Correlation (3Y) Calculated over the trailing 3-year period	0.74
Correlation (5Y) Calculated over the trailing 5-year period	0.73
Correlation (All Time) Calculated using the full available price history since Feb 23, 2021	0.74

The correlation between IUMF.L and SUWG.L has been stable across timeframes, ranging from 0.72 to 0.74 - a consistent structural relationship.

IUMF.L vs. SUWG.L - Sectors Allocation Comparison

Sectors	IUMF.L	SUWG.L
Technology	49.0%	33.5%
Industrials	16.2%	11.3%
Energy	7.5%	-
Financial Services	6.7%	15.5%
Healthcare	5.1%	8.7%
Communication Services	5.1%	8.8%
Consumer Defensive	3.5%	5.4%
Consumer Cyclical	2.7%	9.9%
Basic Materials	2.0%	3.2%
Utilities	1.2%	1.6%
Real Estate	1.0%	2.1%

Return for Risk

IUMF.L vs. SUWG.L — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

IUMF.L

IUMF.L Risk / Return Rank: 85
IUMF.L Sharpe Ratio Rank: 84
IUMF.L Sortino Ratio Rank: 84
IUMF.L Omega Ratio Rank: 81
IUMF.L Calmar Ratio Rank: 90
IUMF.L Martin Ratio Rank: 84

SUWG.L

SUWG.L Risk / Return Rank: 66
SUWG.L Sharpe Ratio Rank: 66
SUWG.L Sortino Ratio Rank: 68
SUWG.L Omega Ratio Rank: 68
SUWG.L Calmar Ratio Rank: 64
SUWG.L Martin Ratio Rank: 66

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.

IUMF.L vs. SUWG.L - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for iShares Edge MSCI USA Momentum Factor UCITS ETF (IUMF.L) and iShares MSCI World SRI UCITS ETF USD (Dist) (SUWG.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.

Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.

	IUMF.L	SUWG.L	Difference
Sharpe ratio: Return per unit of total volatility	2.49	2.05	+0.44
Sortino ratio: Return per unit of downside risk	3.44	2.90	+0.53
Omega ratio: Gain probability vs. loss probability	1.44	1.38	+0.06
Calmar ratio: Return relative to maximum drawdown	5.06	3.00	+2.06
Martin ratio: Return relative to average drawdown	15.85	11.34	+4.51

IUMF.L vs. SUWG.L - Sharpe Ratio Comparison

The current IUMF.L Sharpe Ratio is 2.49, which is comparable to the SUWG.L Sharpe Ratio of 2.05. The chart below compares the historical Sharpe Ratios of IUMF.L and SUWG.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.

Drawdowns

IUMF.L vs. SUWG.L - Drawdown Comparison

The maximum IUMF.L drawdown since its inception was -25.23%, which is greater than SUWG.L's maximum drawdown of -18.99%. Use the drawdown chart below to compare losses from any high point for IUMF.L and SUWG.L.

Drawdown Indicators

	IUMF.L	SUWG.L	Difference
Max Drawdown Largest peak-to-trough decline	-25.23%	-18.99%	-6.24%
Max Drawdown (1Y) Largest decline over 1 year	-9.32%	-7.98%	-1.34%
Max Drawdown (3Y) Largest decline over 3 years	-22.56%	-18.99%	-3.57%
Max Drawdown (5Y) Largest decline over 5 years	-24.37%	-18.99%	-5.38%
Current Drawdown Current decline from peak	0.00%	0.00%	0.00%
Average Drawdown Average peak-to-trough decline	-8.58%	-4.28%	-4.30%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.98%	2.11%	+0.87%

Volatility

IUMF.L vs. SUWG.L - Volatility Comparison

iShares Edge MSCI USA Momentum Factor UCITS ETF (IUMF.L) has a higher volatility of 9.15% compared to iShares MSCI World SRI UCITS ETF USD (Dist) (SUWG.L) at 3.54%. This indicates that IUMF.L's price experiences larger fluctuations and is considered to be riskier than SUWG.L based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	IUMF.L	SUWG.L	Difference
Volatility (1M) Calculated over the trailing 1-month period	9.15%	3.54%	+5.61%
Volatility (6M) Calculated over the trailing 6-month period	16.24%	9.05%	+7.19%
Volatility (1Y) Calculated over the trailing 1-year period	19.00%	11.71%	+7.29%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	23.18%	13.77%	+9.41%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	39.81%	13.72%	+26.09%

IUMF.L vs. SUWG.L - Expense Ratio Comparison

Both IUMF.L and SUWG.L have an expense ratio of 0.20%, making them cost-effective options compared to the broader market, where average expense ratios typically range from 0.3% to 0.9%.

Dividends

IUMF.L vs. SUWG.L - Dividend Comparison

IUMF.L has not paid dividends to shareholders, while SUWG.L's dividend yield for the trailing twelve months is around 0.66%.

Position	TTM	2025	2024	2023	2022	2021
IUMF.L iShares Edge MSCI USA Momentum Factor UCITS ETF	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
SUWG.L iShares MSCI World SRI UCITS ETF USD (Dist)	0.66%	1.21%	1.38%	1.54%	1.69%	1.17%

Frequently Asked Questions

Can I hold both IUMF.L and SUWG.L in my portfolio?

IUMF.L and SUWG.L have a correlation of 0.72, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, IUMF.L or SUWG.L?

Both ETFs have the same 0.20% expense ratio. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, IUMF.L or SUWG.L?

IUMF.L and SUWG.L have the same expense ratio: 0.20% per year.

What is the main difference between IUMF.L and SUWG.L?

IUMF.L is categorized as Momentum, while SUWG.L is Global Equities. IUMF.L tracks MSCI USA Momentum Index, while SUWG.L tracks MSCI ACWI NR USD.