IWFM.L vs. COO

Last updated Jun 5, 2026

IWFM.L (iShares Edge MSCI World Momentum Factor UCITS ETF (Acc)) is Momentum fund tracking the MSCI World Momentum Index, while COO (The Cooper Companies, Inc.) is a stock. Over the past 10 years, IWFM.L returned 16.44%/yr vs 5.95%/yr for COO. At a 0.25 correlation, their price movements are largely independent.

Performance

IWFM.L vs. COO - Performance Comparison

The chart below illustrates the hypothetical performance of a £10,000 investment in iShares Edge MSCI World Momentum Factor UCITS ETF (Acc) (IWFM.L) and The Cooper Companies, Inc. (COO). The values are adjusted to include any dividend payments, if applicable.

Different Trading Currencies

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

Returns By Period

In the year-to-date period, IWFM.L achieves a 22.13% return, which is significantly higher than COO's -17.01% return. Over the past 10 years, IWFM.L has outperformed COO with an annualized return of 16.44%, while COO has yielded a comparatively lower 5.95% annualized return.

IWFM.L

• 1D: -0.86%
• 1M: 6.96%
• YTD: 22.13%
• 6M: 22.40%
• 1Y: 34.99%
• 3Y*: 26.24%
• 5Y*: 14.83%
• 10Y*: 16.44%

COO

• 1D: 9.26%
• 1M: 12.27%
• YTD: -17.01%
• 6M: -17.33%
• 1Y: -3.74%
• 3Y*: -10.73%
• 5Y*: -5.62%
• 10Y*: 5.95%

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

IWFM.L vs. COO - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
IWFM.L iShares Edge MSCI World Momentum Factor UCITS ETF (Acc)	22.13%	12.72%	32.62%	5.85%	-8.21%	15.58%	24.16%	23.25%	1.62%	20.40%
COO The Cooper Companies, Inc.	-17.01%	-17.20%	-1.14%	8.74%	-11.67%	16.42%	9.78%	21.47%	23.76%	13.81%

Correlation

The correlation between IWFM.L and COO is 0.05, meaning there is essentially no relationship between their price movements. Each responds to its own set of market drivers, making them strong candidates for combining in a diversified portfolio.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.05
Correlation (3Y) Calculated over the trailing 3-year period	0.12
Correlation (5Y) Calculated over the trailing 5-year period	0.14
Correlation (10Y) Calculated over the trailing 10-year period	0.25
Correlation (All Time) Calculated using the full available price history since Oct 8, 2014	0.25

The correlation between IWFM.L and COO shifts across timeframes, from 0.05 (1 year) to 0.25 (all time), reflecting how their relationship changes across market environments.

Return for Risk

IWFM.L vs. COO — Risk / Return Rank

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

IWFM.L

IWFM.L Risk / Return Rank: 72
IWFM.L Sharpe Ratio Rank: 66
IWFM.L Sortino Ratio Rank: 71
IWFM.L Omega Ratio Rank: 67
IWFM.L Calmar Ratio Rank: 77
IWFM.L Martin Ratio Rank: 80

COO

COO Risk / Return Rank: 33
COO Sharpe Ratio Rank: 34
COO Sortino Ratio Rank: 30
COO Omega Ratio Rank: 30
COO Calmar Ratio Rank: 36
COO Martin Ratio Rank: 34

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.

IWFM.L vs. COO - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for iShares Edge MSCI World Momentum Factor UCITS ETF (Acc) (IWFM.L) and The Cooper Companies, Inc. (COO). 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.

	IWFM.L	COO	Difference
Sharpe ratio: Return per unit of total volatility	2.16	-0.12	+2.28
Sortino ratio: Return per unit of downside risk	3.18	0.04	+3.14
Omega ratio: Gain probability vs. loss probability	1.39	1.00	+0.39
Calmar ratio: Return relative to maximum drawdown	3.91	-0.12	+4.03
Martin ratio: Return relative to average drawdown	15.27	-0.31	+15.58
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

IWFM.L vs. COO - Sharpe Ratio Comparison

The current IWFM.L Sharpe Ratio is 2.16, which is higher than the COO Sharpe Ratio of -0.12. The chart below compares the historical Sharpe Ratios of IWFM.L and COO, 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

	IWFM.L	COO	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	2.16	-0.12	+2.28
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.90	-0.20	+1.10
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.98	0.21	+0.76
Sharpe Ratio (All Time) Calculated using the full available price history	0.98	0.36	+0.61

Drawdowns

IWFM.L vs. COO - Drawdown Comparison

The maximum IWFM.L drawdown since its inception was -22.58%, smaller than the maximum COO drawdown of -72.88%. Use the drawdown chart below to compare losses from any high point for IWFM.L and COO.

Drawdown Indicators

	IWFM.L	COO	Difference
Max Drawdown Largest peak-to-trough decline	-22.58%	-72.88%	+50.30%
Max Drawdown (1Y) Largest decline over 1 year	-8.95%	-30.76%	+21.81%
Max Drawdown (3Y) Largest decline over 3 years	-20.40%	-48.53%	+28.13%
Max Drawdown (5Y) Largest decline over 5 years	-20.40%	-48.53%	+28.13%
Max Drawdown (10Y) Largest decline over 10 years	-22.58%	-48.53%	+25.95%
Current Drawdown Current decline from peak	-0.86%	-40.06%	+39.20%
Average Drawdown Average peak-to-trough decline	-4.94%	-13.64%	+8.70%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.30%	12.08%	-9.78%

Volatility

IWFM.L vs. COO - Volatility Comparison

The current volatility for iShares Edge MSCI World Momentum Factor UCITS ETF (Acc) (IWFM.L) is 5.85%, while The Cooper Companies, Inc. (COO) has a volatility of 11.12%. This indicates that IWFM.L experiences smaller price fluctuations and is considered to be less risky than COO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	IWFM.L	COO	Difference
Volatility (1M) Calculated over the trailing 1-month period	5.85%	11.12%	-5.27%
Volatility (6M) Calculated over the trailing 6-month period	13.75%	19.65%	-5.90%
Volatility (1Y) Calculated over the trailing 1-year period	16.21%	30.65%	-14.44%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	16.47%	27.87%	-11.40%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	17.18%	27.81%	-10.63%

Dividends

IWFM.L vs. COO - Dividend Comparison

Neither IWFM.L nor COO has paid dividends to shareholders.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
COO The Cooper Companies, Inc.	0.00%	0.00%	0.00%	0.02%	0.02%	0.01%	0.02%	0.02%	0.02%	0.03%	0.03%	0.04%
IWFM.L iShares Edge MSCI World Momentum Factor UCITS ETF (Acc)	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%

Frequently Asked Questions

Can I hold both IWFM.L and COO in my portfolio?

IWFM.L and COO have a correlation of 0.05, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.