IWFQ.L vs. ACWI
Compare and contrast key facts about iShares MSCI World Quality Factor UCITS (IWFQ.L) and iShares MSCI ACWI ETF (ACWI).
IWFQ.L and ACWI are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. IWFQ.L is a passively managed fund by iShares that tracks the performance of the MSCI ACWI NR USD. It was launched on Oct 3, 2014. ACWI is a passively managed fund by iShares that tracks the performance of the MSCI All Country World Index. It was launched on Mar 26, 2008. Both IWFQ.L and ACWI 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: IWFQ.L or ACWI.
Key characteristics
| IWFQ.L | ACWI | |
|---|---|---|
| YTD Return | 13.15% | 15.10% |
| 1Y Return | 20.77% | 23.81% |
| 3Y Return (Ann) | 9.22% | 6.12% |
| 5Y Return (Ann) | 11.74% | 11.41% |
| Sharpe Ratio | 1.76 | 1.93 |
| Daily Std Dev | 11.36% | 12.19% |
| Max Drawdown | -23.91% | -56.00% |
| Current Drawdown | -2.66% | -0.70% |
Correlation
The correlation between IWFQ.L and ACWI is 0.65, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.
Performance
IWFQ.L vs. ACWI - Performance Comparison
In the year-to-date period, IWFQ.L achieves a 13.15% return, which is significantly lower than ACWI's 15.10% return. 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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IWFQ.L vs. ACWI - Expense Ratio Comparison
IWFQ.L has a 0.30% expense ratio, which is lower than ACWI's 0.32% expense ratio.
Risk-Adjusted Performance
IWFQ.L vs. ACWI - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for iShares MSCI World Quality Factor UCITS (IWFQ.L) and iShares MSCI ACWI ETF (ACWI). 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
IWFQ.L vs. ACWI - Dividend Comparison
IWFQ.L has not paid dividends to shareholders, while ACWI's dividend yield for the trailing twelve months is around 1.63%.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
IWFQ.L iShares MSCI World Quality Factor UCITS | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
ACWI iShares MSCI ACWI ETF | 1.63% | 1.88% | 1.79% | 1.71% | 1.43% | 2.33% | 2.25% | 1.94% | 2.19% | 2.56% | 2.26% | 1.89% |
Drawdowns
IWFQ.L vs. ACWI - Drawdown Comparison
The maximum IWFQ.L drawdown since its inception was -23.91%, smaller than the maximum ACWI drawdown of -56.00%. Use the drawdown chart below to compare losses from any high point for IWFQ.L and ACWI. For additional features, visit the drawdowns tool.
Volatility
IWFQ.L vs. ACWI - Volatility Comparison
iShares MSCI World Quality Factor UCITS (IWFQ.L) has a higher volatility of 4.32% compared to iShares MSCI ACWI ETF (ACWI) at 3.77%. This indicates that IWFQ.L's price experiences larger fluctuations and is considered to be riskier than ACWI based on this measure. The chart below showcases a comparison of their rolling one-month volatility.