IWFV.L vs. PACW.L
IWFV.L (iShares Edge MSCI World Value Factor UCITS ETF) and PACW.L (Amundi Prime All Country World UCITS ETF Income) are both Global Equities funds - IWFV.L tracks the MSCI ACWI Value NR USD while PACW.L tracks the Solactive GBS Global Markets Large & Mid Cap Index. Both are passively managed. Over the past year, IWFV.L returned 68.86% vs 30.63% for PACW.L. A 0.80 correlation means they provide meaningful diversification when combined. IWFV.L charges 0.30%/yr vs 0.07%/yr for PACW.L.
Performance
IWFV.L vs. PACW.L - Performance Comparison
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Different Trading Currencies
IWFV.L is traded in GBp, while PACW.L is traded in GBP. To make them comparable, the PACW.L values have been converted to GBp using the latest available exchange rates.
Returns By Period
In the year-to-date period, IWFV.L achieves a 35.48% return, which is significantly higher than PACW.L's 11.96% return.
IWFV.L
- 1D
- 0.18%
- 1M
- 16.50%
- YTD
- 35.48%
- 6M
- 38.78%
- 1Y
- 68.86%
- 3Y*
- 27.38%
- 5Y*
- 17.65%
- 10Y*
- 13.95%
PACW.L
- 1D
- -0.43%
- 1M
- 5.84%
- YTD
- 11.96%
- 6M
- 12.58%
- 1Y
- 30.63%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
IWFV.L vs. PACW.L - Yearly Performance Comparison
| 2026 (YTD) | 2025 | |
|---|---|---|
IWFV.L iShares Edge MSCI World Value Factor UCITS ETF | 35.48% | 22.02% |
PACW.L Amundi Prime All Country World UCITS ETF Income | 11.96% | 9.58% |
Correlation
The correlation between IWFV.L and PACW.L is 0.78, 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 | 0.78 |
Correlation (All Time) Calculated using the full available price history since Feb 19, 2025 | 0.80 |
The correlation between IWFV.L and PACW.L has been stable across timeframes, ranging from 0.78 to 0.80 - a consistent structural relationship.
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Return for Risk
IWFV.L vs. PACW.L — Risk / Return Rank
IWFV.L
PACW.L
IWFV.L vs. PACW.L - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for iShares Edge MSCI World Value Factor UCITS ETF (IWFV.L) and Amundi Prime All Country World UCITS ETF Income (PACW.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.
| IWFV.L | PACW.L | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +2.18 | ||
| Sortino ratioReturn per unit of downside risk | +2.90 | ||
| Omega ratioGain probability vs. loss probability | 1.97 | 1.56 | +0.41 |
| Calmar ratioReturn relative to maximum drawdown | 9.68 | 4.32 | +5.36 |
| Martin ratioReturn relative to average drawdown | 37.44 | 17.62 | +19.82 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| IWFV.L | PACW.L | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 5.11 | 2.93 | +2.18 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 1.35 | — | — |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.92 | — | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.79 | 1.24 | -0.45 |
Drawdowns
IWFV.L vs. PACW.L - Drawdown Comparison
The maximum IWFV.L drawdown since its inception was -28.79%, which is greater than PACW.L's maximum drawdown of -17.68%. Use the drawdown chart below to compare losses from any high point for IWFV.L and PACW.L.
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Drawdown Indicators
| IWFV.L | PACW.L | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -28.79% | -17.68% | -11.11% |
Max Drawdown (1Y)Largest decline over 1 year | -7.08% | -7.06% | -0.02% |
Max Drawdown (3Y)Largest decline over 3 years | -13.82% | — | — |
Max Drawdown (5Y)Largest decline over 5 years | -13.82% | — | — |
Max Drawdown (10Y)Largest decline over 10 years | -28.79% | — | — |
Current DrawdownCurrent decline from peak | 0.00% | -0.43% | +0.43% |
Average DrawdownAverage peak-to-trough decline | -4.38% | -3.03% | -1.35% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.83% | 1.73% | +0.10% |
Volatility
IWFV.L vs. PACW.L - Volatility Comparison
iShares Edge MSCI World Value Factor UCITS ETF (IWFV.L) has a higher volatility of 5.47% compared to Amundi Prime All Country World UCITS ETF Income (PACW.L) at 2.93%. This indicates that IWFV.L's price experiences larger fluctuations and is considered to be riskier than PACW.L based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| IWFV.L | PACW.L | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 5.47% | 2.93% | +2.54% |
Volatility (6M)Calculated over the trailing 6-month period | 11.17% | 7.75% | +3.42% |
Volatility (1Y)Calculated over the trailing 1-year period | 13.42% | 10.45% | +2.97% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 13.09% | 13.93% | -0.84% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 15.10% | 13.93% | +1.17% |
IWFV.L vs. PACW.L - Expense Ratio Comparison
IWFV.L has a 0.30% expense ratio, which is higher than PACW.L's 0.07% expense ratio.
Dividends
IWFV.L vs. PACW.L - Dividend Comparison
IWFV.L has not paid dividends to shareholders, while PACW.L's dividend yield for the trailing twelve months is around 1.23%.
| Position | TTM |
|---|---|
IWFV.L iShares Edge MSCI World Value Factor UCITS ETF | 0.00% |
PACW.L Amundi Prime All Country World UCITS ETF Income | 1.23% |
Frequently Asked Questions
IWFV.L and PACW.L have a correlation of 0.78, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, PACW.L is cheaper at 0.07% per year. The better choice depends on whether you care most about return, fees, risk, or income.
PACW.L is cheaper with a 0.07% expense ratio, compared with 0.30% for IWFV.L.
IWFV.L tracks MSCI ACWI Value NR USD, while PACW.L tracks Solactive GBS Global Markets Large & Mid Cap Index. They also come from different issuers: iShares and Amundi. Their fees differ too: 0.30% for IWFV.L and 0.07% for PACW.L.
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