IWFQ.L vs. GOGB.L
Compare and contrast key facts about iShares MSCI World Quality Factor UCITS (IWFQ.L) and VanEck Morningstar Global Wide Moat UCITS ETF (GOGB.L).
IWFQ.L and GOGB.L 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. GOGB.L is a passively managed fund by VanEck that tracks the performance of the MSCI ACWI NR USD. It was launched on Jul 7, 2020. Both IWFQ.L and GOGB.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: IWFQ.L or GOGB.L.
Key characteristics
| IWFQ.L | GOGB.L | |
|---|---|---|
| YTD Return | 13.15% | 8.61% |
| 1Y Return | 20.77% | 14.23% |
| 3Y Return (Ann) | 9.22% | 5.30% |
| Sharpe Ratio | 1.76 | 1.35 |
| Daily Std Dev | 11.36% | 9.92% |
| Max Drawdown | -23.91% | -12.71% |
| Current Drawdown | -2.66% | -0.76% |
Correlation
The correlation between IWFQ.L and GOGB.L is 0.90, 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
IWFQ.L vs. GOGB.L - Performance Comparison
In the year-to-date period, IWFQ.L achieves a 13.15% return, which is significantly higher than GOGB.L's 8.61% 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. GOGB.L - Expense Ratio Comparison
IWFQ.L has a 0.30% expense ratio, which is lower than GOGB.L's 0.52% expense ratio.
Risk-Adjusted Performance
IWFQ.L vs. GOGB.L - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for iShares MSCI World Quality Factor UCITS (IWFQ.L) and VanEck Morningstar Global Wide Moat UCITS ETF (GOGB.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
IWFQ.L vs. GOGB.L - Dividend Comparison
Neither IWFQ.L nor GOGB.L has paid dividends to shareholders.
Drawdowns
IWFQ.L vs. GOGB.L - Drawdown Comparison
The maximum IWFQ.L drawdown since its inception was -23.91%, which is greater than GOGB.L's maximum drawdown of -12.71%. Use the drawdown chart below to compare losses from any high point for IWFQ.L and GOGB.L. For additional features, visit the drawdowns tool.
Volatility
IWFQ.L vs. GOGB.L - Volatility Comparison
iShares MSCI World Quality Factor UCITS (IWFQ.L) has a higher volatility of 4.33% compared to VanEck Morningstar Global Wide Moat UCITS ETF (GOGB.L) at 3.26%. This indicates that IWFQ.L's price experiences larger fluctuations and is considered to be riskier than GOGB.L based on this measure. The chart below showcases a comparison of their rolling one-month volatility.