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IWFM.L vs. RBOD.L
Performance
Return for Risk
Drawdowns
Volatility
Dividends

IWFM.L vs. RBOD.L

Last updated Jun 7, 2026

IWFM.L (iShares Edge MSCI World Momentum Factor UCITS ETF (Acc)) and RBOD.L (iShares Automation & Robotics UCITS ETF) are both exchange-traded funds - IWFM.L is a Momentum fund tracking the MSCI World Momentum Index, while RBOD.L is a Robotics fund tracking the iSTOXX® FactSet Automation & Robotics. Both are passively managed. Over the past 5 years, IWFM.L returned 14.35%/yr vs 11.21%/yr for RBOD.L. A 0.73 correlation means they provide meaningful diversification when combined. IWFM.L charges 0.25%/yr vs 0.40%/yr for RBOD.L.

Performance

IWFM.L vs. RBOD.L - 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 iShares Automation & Robotics UCITS ETF (RBOD.L). The values are adjusted to include any dividend payments, if applicable.

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Different Trading Currencies

IWFM.L is traded in GBp, while RBOD.L is traded in USD. To make them comparable, the RBOD.L 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 19.59% return, which is significantly lower than RBOD.L's 25.42% return.

IWFM.L

1D
-2.08%
1M
4.79%
YTD
19.59%
6M
19.86%
1Y
32.08%
3Y*
25.36%
5Y*
14.35%
10Y*
16.24%

RBOD.L

1D
-3.24%
1M
1.44%
YTD
25.42%
6M
21.97%
1Y
41.90%
3Y*
17.20%
5Y*
11.21%
10Y*
—
*Multi-year figures are annualized to reflect compound growth (CAGR)

IWFM.L vs. RBOD.L - Yearly Performance Comparison

2026 (YTD)202520242023202220212020201920182017
IWFM.L
iShares Edge MSCI World Momentum Factor UCITS ETF (Acc)		19.59%12.72%32.62%5.85%-8.21%15.58%24.16%23.25%1.62%3.22%
RBOD.L
iShares Automation & Robotics UCITS ETF		25.42%8.71%7.78%32.69%-26.76%22.04%35.56%31.87%-13.88%3.35%

Correlation

The correlation between IWFM.L and RBOD.L is 0.73, 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

0.73

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

0.74

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

0.69

Correlation (All Time)
Calculated using the full available price history since Oct 20, 2017

0.73

The correlation between IWFM.L and RBOD.L has been stable across timeframes, ranging from 0.69 to 0.74 - a consistent structural relationship.

IWFM.L vs. RBOD.L - Sectors Allocation Comparison

Sectors
IWFM.L
RBOD.L

Technology

26.0%
71.4%

Industrials

18.7%
26.2%

Financial Services

13.1%

-

Healthcare

10.7%
1.5%

Energy

10.6%

-

Communication Services

6.8%

-

Basic Materials

6.0%
0.1%

Utilities

3.7%

-

Consumer Cyclical

1.6%
0.1%

Consumer Defensive

1.5%

-

Real Estate

1.4%

-

Technology

IWFM.L
26.0%
RBOD.L
71.4%

Industrials

IWFM.L
18.7%
RBOD.L
26.2%

Financial Services

IWFM.L
13.1%
RBOD.L

-

Healthcare

IWFM.L
10.7%
RBOD.L
1.5%

Energy

IWFM.L
10.6%
RBOD.L

-

Communication Services

IWFM.L
6.8%
RBOD.L

-

Basic Materials

IWFM.L
6.0%
RBOD.L
0.1%

Utilities

IWFM.L
3.7%
RBOD.L

-

Consumer Cyclical

IWFM.L
1.6%
RBOD.L
0.1%

Consumer Defensive

IWFM.L
1.5%
RBOD.L

-

Real Estate

IWFM.L
1.4%
RBOD.L

-

Compare stocks, funds, or ETFs

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iShares Edge MSCI World Momentum Factor UCITS ETF (Acc)

iShares Automation & Robotics UCITS ETF

Often compared with IWFM.L:
IWFM.L vs. SPMOIWFM.L vs. XDEM.DEIWFM.L vs. IMTMIWFM.L vs. IUMF.LIWFM.L vs. JPGL.LIWFM.L vs. SPYIWFM.L vs. ACWI
Often compared with RBOD.L:
RBOD.L vs. RBTX.LRBOD.L vs. XDWT.LRBOD.L vs. FNGSRBOD.L vs. IRBORBOD.L vs. QQQRBOD.L vs. ROBG.LRBOD.L vs. IUIT.L

Return for Risk

IWFM.L vs. RBOD.L — 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: 7070
Overall Rank
IWFM.L Sharpe Ratio Rank: 6464
Sharpe Ratio Rank
IWFM.L Sortino Ratio Rank: 6969
Sortino Ratio Rank
IWFM.L Omega Ratio Rank: 6565
Omega Ratio Rank
IWFM.L Calmar Ratio Rank: 7676
Calmar Ratio Rank
IWFM.L Martin Ratio Rank: 7878
Martin Ratio Rank
RBOD.L
RBOD.L Risk / Return Rank: 5555
Overall Rank
RBOD.L Sharpe Ratio Rank: 5555
Sharpe Ratio Rank
RBOD.L Sortino Ratio Rank: 5757
Sortino Ratio Rank
RBOD.L Omega Ratio Rank: 5252
Omega Ratio Rank
RBOD.L Calmar Ratio Rank: 5656
Calmar Ratio Rank
RBOD.L Martin Ratio Rank: 5656
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.

IWFM.L vs. RBOD.L - 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 iShares Automation & Robotics UCITS ETF (RBOD.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.

IWFM.LRBOD.LDifference
Sharpe ratioReturn per unit of total volatility
1.96
1.90

+0.06

Sortino ratioReturn per unit of downside risk
2.89
2.67

+0.23

Omega ratioGain probability vs. loss probability

1.36

1.33

+0.03

Calmar ratioReturn relative to maximum drawdown

3.58

3.10

+0.48

Martin ratioReturn relative to average drawdown

13.94

9.13

+4.81

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. RBOD.L - Sharpe Ratio Comparison

The current IWFM.L Sharpe Ratio is 1.96, which is comparable to the RBOD.L Sharpe Ratio of 1.90. The chart below compares the historical Sharpe Ratios of IWFM.L and RBOD.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

IWFM.LRBOD.LDifference

Sharpe Ratio (1Y)

Calculated over the trailing 1-year period

1.96

1.90

+0.06

Sharpe Ratio (5Y)

Calculated over the trailing 5-year period

0.67

0.51

+0.16

Sharpe Ratio (10Y)

Calculated over the trailing 10-year period

0.83

—

—

Sharpe Ratio (All Time)

Calculated using the full available price history

0.50

0.56

-0.06

Drawdowns

IWFM.L vs. RBOD.L - Drawdown Comparison

The maximum IWFM.L drawdown since its inception was -41.86%, which is greater than RBOD.L's maximum drawdown of -33.68%. Use the drawdown chart below to compare losses from any high point for IWFM.L and RBOD.L.

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Drawdown Indicators

IWFM.LRBOD.LDifference

Max Drawdown

Largest peak-to-trough decline

-41.86%

-33.68%

-8.18%

Max Drawdown (1Y)

Largest decline over 1 year

-8.95%

-13.57%

+4.62%

Max Drawdown (3Y)

Largest decline over 3 years

-21.15%

-27.60%

+6.45%

Max Drawdown (5Y)

Largest decline over 5 years

-21.15%

-33.68%

+12.53%

Max Drawdown (10Y)

Largest decline over 10 years

-22.58%

—

—

Current Drawdown

Current decline from peak

-2.92%

-3.48%

+0.56%

Average Drawdown

Average peak-to-trough decline

-9.43%

-9.20%

-0.23%

Ulcer Index

Depth and duration of drawdowns from previous peaks

2.30%

4.61%

-2.31%

Volatility

IWFM.L vs. RBOD.L - Volatility Comparison

The current volatility for iShares Edge MSCI World Momentum Factor UCITS ETF (Acc) (IWFM.L) is 6.16%, while iShares Automation & Robotics UCITS ETF (RBOD.L) has a volatility of 8.26%. This indicates that IWFM.L experiences smaller price fluctuations and is considered to be less risky than RBOD.L based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

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Volatility by Period

IWFM.LRBOD.LDifference

Volatility (1M)

Calculated over the trailing 1-month period

6.16%

8.26%

-2.10%

Volatility (6M)

Calculated over the trailing 6-month period

13.94%

17.87%

-3.93%

Volatility (1Y)

Calculated over the trailing 1-year period

16.36%

22.11%

-5.75%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

21.55%

22.19%

-0.64%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

19.58%

22.35%

-2.77%

IWFM.L vs. RBOD.L - Expense Ratio Comparison

IWFM.L has a 0.25% expense ratio, which is lower than RBOD.L's 0.40% expense ratio.

Dividends

IWFM.L vs. RBOD.L - Dividend Comparison

IWFM.L has not paid dividends to shareholders, while RBOD.L's dividend yield for the trailing twelve months is around 0.28%.

PositionTTM20252024202320222021202020192018
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%
RBOD.L
iShares Automation & Robotics UCITS ETF		0.28%0.34%0.36%0.45%0.56%0.32%0.34%0.79%1.17%

Frequently Asked Questions

IWFM.L and RBOD.L have a correlation of 0.73, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

On fees, IWFM.L is cheaper at 0.25% per year. The better choice depends on whether you care most about return, fees, risk, or income.

IWFM.L is cheaper with a 0.25% expense ratio, compared with 0.40% for RBOD.L.

IWFM.L is categorized as Momentum, while RBOD.L is Robotics. IWFM.L tracks MSCI World Momentum Index, while RBOD.L tracks iSTOXX® FactSet Automation & Robotics. Their fees differ too: 0.25% for IWFM.L and 0.40% for RBOD.L.

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