IWFV.L vs. ROLG.L
IWFV.L (iShares Edge MSCI World Value Factor UCITS ETF) and ROLG.L (iShares Bloomberg Roll Select Commodity Swap UCITS ETF USD) are both exchange-traded funds - IWFV.L is a Global Equities fund tracking the MSCI ACWI Value NR USD, while ROLG.L is a Commodities fund tracking the Bloomberg Roll Select Commodity. Both are passively managed. Over the past 5 years, IWFV.L returned 17.90%/yr vs 12.84%/yr for ROLG.L. At a 0.26 correlation, their price movements are largely independent. IWFV.L charges 0.30%/yr vs 0.28%/yr for ROLG.L.
Performance
IWFV.L vs. ROLG.L - Performance Comparison
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Different Trading Currencies
IWFV.L is traded in GBp, while ROLG.L is traded in GBP. To make them comparable, the ROLG.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 36.40% return, which is significantly higher than ROLG.L's 18.44% return.
IWFV.L
- 1D
- 1.77%
- 1M
- 3.52%
- YTD
- 36.40%
- 6M
- 37.48%
- 1Y
- 69.25%
- 3Y*
- 27.89%
- 5Y*
- 17.90%
- 10Y*
- 13.86%
ROLG.L
- 1D
- 0.40%
- 1M
- -8.45%
- YTD
- 18.44%
- 6M
- 17.16%
- 1Y
- 32.29%
- 3Y*
- 11.90%
- 5Y*
- 12.84%
- 10Y*
- —
IWFV.L vs. ROLG.L - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | |
|---|---|---|---|---|---|---|---|---|---|
IWFV.L iShares Edge MSCI World Value Factor UCITS ETF | 36.40% | 30.69% | 6.85% | 13.02% | 0.95% | 21.60% | -6.91% | 14.69% | -12.79% |
ROLG.L iShares Bloomberg Roll Select Commodity Swap UCITS ETF USD | 18.44% | 8.66% | 6.32% | -7.36% | 30.51% | 29.23% | -2.41% | 1.84% | -30.50% |
Correlation
The correlation between IWFV.L and ROLG.L is -0.07, 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 | -0.07 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.08 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.18 |
Correlation (All Time) Calculated using the full available price history since Oct 3, 2018 | 0.26 |
The correlation between IWFV.L and ROLG.L shifts across timeframes, from -0.07 (1 year) to 0.26 (all time), reflecting how their relationship changes across market environments.
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Return for Risk
IWFV.L vs. ROLG.L — Risk / Return Rank
IWFV.L
ROLG.L
IWFV.L vs. ROLG.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 iShares Bloomberg Roll Select Commodity Swap UCITS ETF USD (ROLG.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.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| IWFV.L | ROLG.L | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +2.88 | ||
| Sortino ratioReturn per unit of downside risk | +3.85 | ||
| Omega ratioGain probability vs. loss probability | 1.90 | 1.34 | +0.56 |
| Calmar ratioReturn relative to maximum drawdown | 9.73 | 2.72 | +7.01 |
| Martin ratioReturn relative to average drawdown | 36.15 | 11.70 | +24.46 |
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Drawdowns
IWFV.L vs. ROLG.L - Drawdown Comparison
The maximum IWFV.L drawdown since its inception was -42.78%, which is greater than ROLG.L's maximum drawdown of -40.64%. Use the drawdown chart below to compare losses from any high point for IWFV.L and ROLG.L.
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Drawdown Indicators
| IWFV.L | ROLG.L | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -42.78% | -40.64% | -2.14% |
Max Drawdown (1Y)Largest decline over 1 year | -7.08% | -11.80% | +4.72% |
Max Drawdown (3Y)Largest decline over 3 years | -19.86% | -25.00% | +5.14% |
Max Drawdown (5Y)Largest decline over 5 years | -19.86% | -25.00% | +5.14% |
Max Drawdown (10Y)Largest decline over 10 years | -28.79% | — | — |
Current DrawdownCurrent decline from peak | -0.72% | -11.45% | +10.73% |
Average DrawdownAverage peak-to-trough decline | -11.24% | -18.42% | +7.18% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.91% | 2.75% | -0.84% |
Volatility
IWFV.L vs. ROLG.L - Volatility Comparison
iShares Edge MSCI World Value Factor UCITS ETF (IWFV.L) has a higher volatility of 5.40% compared to iShares Bloomberg Roll Select Commodity Swap UCITS ETF USD (ROLG.L) at 4.65%. This indicates that IWFV.L's price experiences larger fluctuations and is considered to be riskier than ROLG.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 | ROLG.L | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 5.40% | 4.65% | +0.75% |
Volatility (6M)Calculated over the trailing 6-month period | 12.19% | 14.48% | -2.29% |
Volatility (1Y)Calculated over the trailing 1-year period | 14.23% | 16.33% | -2.10% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 18.95% | 22.19% | -3.24% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 17.91% | 21.68% | -3.77% |
IWFV.L vs. ROLG.L - Expense Ratio Comparison
IWFV.L has a 0.30% expense ratio, which is higher than ROLG.L's 0.28% expense ratio.
Dividends
IWFV.L vs. ROLG.L - Dividend Comparison
Neither IWFV.L nor ROLG.L has paid dividends to shareholders.
Frequently Asked Questions
IWFV.L and ROLG.L have a correlation of -0.07, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, ROLG.L is cheaper at 0.28% per year. The better choice depends on whether you care most about return, fees, risk, or income.
ROLG.L is cheaper with a 0.28% expense ratio, compared with 0.30% for IWFV.L.
IWFV.L is categorized as Global Equities, while ROLG.L is Commodities. IWFV.L tracks MSCI ACWI Value NR USD, while ROLG.L tracks Bloomberg Roll Select Commodity. Their fees differ too: 0.30% for IWFV.L and 0.28% for ROLG.L.
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