IWFV.L vs. VWRP.L

Last updated Jun 4, 2026

IWFV.L (iShares Edge MSCI World Value Factor UCITS ETF) and VWRP.L (Vanguard FTSE All-World UCITS ETF (USD) Accumulating) are both Global Equities funds - IWFV.L tracks the MSCI ACWI Value NR USD while VWRP.L tracks the FTSE All-World Index. Both are passively managed. Over the past 5 years, IWFV.L returned 17.65%/yr vs 12.47%/yr for VWRP.L. Their correlation of 0.83 suggests significant overlap in exposure. IWFV.L charges 0.30%/yr vs 0.22%/yr for VWRP.L.

Performance

IWFV.L vs. VWRP.L - Performance Comparison

The chart below illustrates the hypothetical performance of a £10,000 investment in iShares Edge MSCI World Value Factor UCITS ETF (IWFV.L) and Vanguard FTSE All-World UCITS ETF (USD) Accumulating (VWRP.L). The values are adjusted to include any dividend payments, if applicable.

Different Trading Currencies

IWFV.L is traded in GBp, while VWRP.L is traded in GBP. To make them comparable, the VWRP.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 VWRP.L's 11.95% 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%

VWRP.L

• 1D: -0.44%
• 1M: 5.90%
• YTD: 11.95%
• 6M: 12.52%
• 1Y: 30.26%
• 3Y*: 18.18%
• 5Y*: 12.47%
• 10Y*: —

*Multi-year figures are annualized to reflect compound growth (CAGR)

IWFV.L vs. VWRP.L - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019
IWFV.L iShares Edge MSCI World Value Factor UCITS ETF	35.48%	30.69%	6.85%	13.02%	0.95%	21.60%	-6.91%	1.40%
VWRP.L Vanguard FTSE All-World UCITS ETF (USD) Accumulating	11.95%	13.94%	19.60%	15.64%	-8.41%	20.00%	12.27%	1.72%

Correlation

The correlation between IWFV.L and VWRP.L is 0.79, 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	0.79
Correlation (3Y) Calculated over the trailing 3-year period	0.77
Correlation (5Y) Calculated over the trailing 5-year period	0.81
Correlation (All Time) Calculated using the full available price history since Jul 26, 2019	0.83

The correlation between IWFV.L and VWRP.L has been stable across timeframes, ranging from 0.77 to 0.83 - a consistent structural relationship.

IWFV.L vs. VWRP.L - Sectors Allocation Comparison

Sectors	IWFV.L	VWRP.L
Technology	33.9%	29.0%
Financial Services	14.8%	16.1%
Industrials	11.3%	11.0%
Healthcare	8.8%	8.0%
Consumer Cyclical	7.9%	9.4%
Communication Services	7.6%	8.8%
Consumer Defensive	4.5%	5.0%
Energy	3.8%	4.2%
Basic Materials	3.0%	3.8%
Utilities	2.5%	2.7%
Real Estate	1.8%	1.9%

Return for Risk

IWFV.L vs. VWRP.L — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

IWFV.L

IWFV.L Risk / Return Rank: 97
IWFV.L Sharpe Ratio Rank: 97
IWFV.L Sortino Ratio Rank: 98
IWFV.L Omega Ratio Rank: 97
IWFV.L Calmar Ratio Rank: 96
IWFV.L Martin Ratio Rank: 96

VWRP.L

VWRP.L Risk / Return Rank: 85
VWRP.L Sharpe Ratio Rank: 86
VWRP.L Sortino Ratio Rank: 86
VWRP.L Omega Ratio Rank: 88
VWRP.L Calmar Ratio Rank: 80
VWRP.L Martin Ratio Rank: 83

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.

IWFV.L vs. VWRP.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 Vanguard FTSE All-World UCITS ETF (USD) Accumulating (VWRP.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	VWRP.L	Difference
Sharpe ratio: Return per unit of total volatility	5.11	2.90	+2.21
Sortino ratio: Return per unit of downside risk	6.89	3.98	+2.91
Omega ratio: Gain probability vs. loss probability	1.97	1.56	+0.41
Calmar ratio: Return relative to maximum drawdown	9.68	4.24	+5.43
Martin ratio: Return relative to average drawdown	37.44	17.26	+20.18
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

IWFV.L vs. VWRP.L - Sharpe Ratio Comparison

The current IWFV.L Sharpe Ratio is 5.11, which is higher than the VWRP.L Sharpe Ratio of 2.90. The chart below compares the historical Sharpe Ratios of IWFV.L and VWRP.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.

Sharpe Ratios by Period

	IWFV.L	VWRP.L	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	5.11	2.90	+2.21
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	1.35	0.97	+0.38
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	0.82	-0.03

Drawdowns

IWFV.L vs. VWRP.L - Drawdown Comparison

The maximum IWFV.L drawdown since its inception was -28.79%, which is greater than VWRP.L's maximum drawdown of -25.10%. Use the drawdown chart below to compare losses from any high point for IWFV.L and VWRP.L.

Drawdown Indicators

	IWFV.L	VWRP.L	Difference
Max Drawdown Largest peak-to-trough decline	-28.79%	-25.10%	-3.69%
Max Drawdown (1Y) Largest decline over 1 year	-7.08%	-7.10%	+0.02%
Max Drawdown (3Y) Largest decline over 3 years	-13.82%	-17.64%	+3.82%
Max Drawdown (5Y) Largest decline over 5 years	-13.82%	-17.64%	+3.82%
Max Drawdown (10Y) Largest decline over 10 years	-28.79%	—	—
Current Drawdown Current decline from peak	0.00%	-0.44%	+0.44%
Average Drawdown Average peak-to-trough decline	-4.38%	-3.39%	-0.99%
Ulcer Index Depth and duration of drawdowns from previous peaks	1.83%	1.75%	+0.08%

Volatility

IWFV.L vs. VWRP.L - Volatility Comparison

iShares Edge MSCI World Value Factor UCITS ETF (IWFV.L) has a higher volatility of 5.47% compared to Vanguard FTSE All-World UCITS ETF (USD) Accumulating (VWRP.L) at 2.95%. This indicates that IWFV.L's price experiences larger fluctuations and is considered to be riskier than VWRP.L based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	IWFV.L	VWRP.L	Difference
Volatility (1M) Calculated over the trailing 1-month period	5.47%	2.95%	+2.52%
Volatility (6M) Calculated over the trailing 6-month period	11.17%	7.68%	+3.49%
Volatility (1Y) Calculated over the trailing 1-year period	13.42%	10.40%	+3.02%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	13.09%	12.87%	+0.22%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	15.10%	14.96%	+0.14%

IWFV.L vs. VWRP.L - Expense Ratio Comparison

IWFV.L has a 0.30% expense ratio, which is higher than VWRP.L's 0.22% expense ratio.

Dividends

IWFV.L vs. VWRP.L - Dividend Comparison

Neither IWFV.L nor VWRP.L has paid dividends to shareholders.

Tickers have no history of dividend payments

Frequently Asked Questions

Can I hold both IWFV.L and VWRP.L in my portfolio?

IWFV.L and VWRP.L have a correlation of 0.79, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, IWFV.L or VWRP.L?

On fees, VWRP.L is cheaper at 0.22% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, IWFV.L or VWRP.L?

VWRP.L is cheaper with a 0.22% expense ratio, compared with 0.30% for IWFV.L.

What is the main difference between IWFV.L and VWRP.L?

IWFV.L tracks MSCI ACWI Value NR USD, while VWRP.L tracks FTSE All-World Index. They also come from different issuers: iShares and Vanguard. Their fees differ too: 0.30% for IWFV.L and 0.22% for VWRP.L.