JPLG.L vs. IFSW.L

Last updated Jun 4, 2026

JPLG.L (JPMorgan Global Equity Multi-Factor UCITS ETF Accumulating) and IFSW.L (iShares Edge MSCI World Multifactor UCITS) are both Global Equities funds tracking the MSCI ACWI NR USD, from JPMorgan and iShares respectively. Both are passively managed. Over the past 5 years, JPLG.L returned 10.40%/yr vs 12.19%/yr for IFSW.L. Their correlation of 0.81 suggests significant overlap in exposure. JPLG.L charges 0.20%/yr vs 0.55%/yr for IFSW.L.

Performance

JPLG.L vs. IFSW.L - Performance Comparison

The chart below illustrates the hypothetical performance of a £10,000 investment in JPMorgan Global Equity Multi-Factor UCITS ETF Accumulating (JPLG.L) and iShares Edge MSCI World Multifactor UCITS (IFSW.L). The values are adjusted to include any dividend payments, if applicable.

Different Trading Currencies

JPLG.L is traded in GBp, while IFSW.L is traded in USD. To make them comparable, the IFSW.L values have been converted to GBp using the latest available exchange rates.

Returns By Period

In the year-to-date period, JPLG.L achieves a 10.76% return, which is significantly lower than IFSW.L's 12.83% return.

JPLG.L

• 1D: 0.68%
• 1M: 3.55%
• YTD: 10.76%
• 6M: 11.53%
• 1Y: 23.08%
• 3Y*: 13.92%
• 5Y*: 10.40%
• 10Y*: —

IFSW.L

• 1D: -0.24%
• 1M: 6.70%
• YTD: 12.83%
• 6M: 13.36%
• 1Y: 31.85%
• 3Y*: 18.99%
• 5Y*: 12.19%
• 10Y*: 12.66%

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

JPLG.L vs. IFSW.L - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019
JPLG.L JPMorgan Global Equity Multi-Factor UCITS ETF Accumulating	10.76%	10.11%	12.09%	7.05%	0.72%	24.67%	2.57%	-0.56%
IFSW.L iShares Edge MSCI World Multifactor UCITS	12.83%	16.78%	19.09%	9.58%	-5.33%	21.50%	7.44%	-1.74%

Correlation

The correlation between JPLG.L and IFSW.L is 0.61, 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	0.61
Correlation (3Y) Calculated over the trailing 3-year period	0.70
Correlation (5Y) Calculated over the trailing 5-year period	0.77
Correlation (All Time) Calculated using the full available price history since Jul 17, 2019	0.81

The correlation between JPLG.L and IFSW.L shifts across timeframes, from 0.61 (1 year) to 0.81 (all time), reflecting how their relationship changes across market environments.

JPLG.L vs. IFSW.L - Sectors Allocation Comparison

Sectors	JPLG.L	IFSW.L
Healthcare	12.2%	7.7%
Financial Services	11.3%	19.3%
Technology	10.7%	31.9%
Industrials	10.5%	7.3%
Utilities	9.3%	2.1%
Consumer Defensive	8.4%	5.7%
Energy	8.4%	3.9%
Basic Materials	8.1%	2.2%
Consumer Cyclical	7.9%	10.7%
Real Estate	7.5%	0.9%
Communication Services	5.8%	8.0%

Return for Risk

JPLG.L vs. IFSW.L — Risk / Return Rank

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

JPLG.L

JPLG.L Risk / Return Rank: 83
JPLG.L Sharpe Ratio Rank: 87
JPLG.L Sortino Ratio Rank: 87
JPLG.L Omega Ratio Rank: 85
JPLG.L Calmar Ratio Rank: 80
JPLG.L Martin Ratio Rank: 79

IFSW.L

IFSW.L Risk / Return Rank: 79
IFSW.L Sharpe Ratio Rank: 76
IFSW.L Sortino Ratio Rank: 83
IFSW.L Omega Ratio Rank: 76
IFSW.L Calmar Ratio Rank: 76
IFSW.L Martin Ratio Rank: 81

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.

JPLG.L vs. IFSW.L - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for JPMorgan Global Equity Multi-Factor UCITS ETF Accumulating (JPLG.L) and iShares Edge MSCI World Multifactor UCITS (IFSW.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.

	JPLG.L	IFSW.L	Difference
Sharpe ratio: Return per unit of total volatility	2.92	2.67	+0.25
Sortino ratio: Return per unit of downside risk	4.00	3.70	+0.29
Omega ratio: Gain probability vs. loss probability	1.52	1.48	+0.04
Calmar ratio: Return relative to maximum drawdown	4.11	5.60	-1.48
Martin ratio: Return relative to average drawdown	15.36	21.21	-5.85
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

JPLG.L vs. IFSW.L - Sharpe Ratio Comparison

The current JPLG.L Sharpe Ratio is 2.92, which is comparable to the IFSW.L Sharpe Ratio of 2.67. The chart below compares the historical Sharpe Ratios of JPLG.L and IFSW.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

	JPLG.L	IFSW.L	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	2.92	2.67	+0.25
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.95	0.83	+0.12
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	—	0.80	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.69	0.80	-0.11

Drawdowns

JPLG.L vs. IFSW.L - Drawdown Comparison

The maximum JPLG.L drawdown since its inception was -27.53%, roughly equal to the maximum IFSW.L drawdown of -26.65%. Use the drawdown chart below to compare losses from any high point for JPLG.L and IFSW.L.

Drawdown Indicators

	JPLG.L	IFSW.L	Difference
Max Drawdown Largest peak-to-trough decline	-27.53%	-26.65%	-0.88%
Max Drawdown (1Y) Largest decline over 1 year	-5.59%	-5.66%	+0.07%
Max Drawdown (3Y) Largest decline over 3 years	-13.65%	-17.13%	+3.48%
Max Drawdown (5Y) Largest decline over 5 years	-13.65%	-17.13%	+3.48%
Max Drawdown (10Y) Largest decline over 10 years	—	-26.65%	—
Current Drawdown Current decline from peak	0.00%	-0.24%	+0.24%
Average Drawdown Average peak-to-trough decline	-3.30%	-3.31%	+0.01%
Ulcer Index Depth and duration of drawdowns from previous peaks	1.50%	1.50%	0.00%

Volatility

JPLG.L vs. IFSW.L - Volatility Comparison

The current volatility for JPMorgan Global Equity Multi-Factor UCITS ETF Accumulating (JPLG.L) is 1.96%, while iShares Edge MSCI World Multifactor UCITS (IFSW.L) has a volatility of 3.55%. This indicates that JPLG.L experiences smaller price fluctuations and is considered to be less risky than IFSW.L based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	JPLG.L	IFSW.L	Difference
Volatility (1M) Calculated over the trailing 1-month period	1.96%	3.55%	-1.59%
Volatility (6M) Calculated over the trailing 6-month period	5.88%	9.23%	-3.35%
Volatility (1Y) Calculated over the trailing 1-year period	7.88%	11.89%	-4.01%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	10.90%	14.63%	-3.73%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	13.75%	15.75%	-2.00%

JPLG.L vs. IFSW.L - Expense Ratio Comparison

JPLG.L has a 0.20% expense ratio, which is lower than IFSW.L's 0.55% expense ratio.

Dividends

JPLG.L vs. IFSW.L - Dividend Comparison

Neither JPLG.L nor IFSW.L has paid dividends to shareholders.

Tickers have no history of dividend payments

Frequently Asked Questions

Can I hold both JPLG.L and IFSW.L in my portfolio?

JPLG.L and IFSW.L have a correlation of 0.61, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, JPLG.L or IFSW.L?

On fees, JPLG.L is cheaper at 0.20% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, JPLG.L or IFSW.L?

JPLG.L is cheaper with a 0.20% expense ratio, compared with 0.55% for IFSW.L.

What is the main difference between JPLG.L and IFSW.L?

Both ETFs track MSCI ACWI NR USD. They also come from different issuers: JPMorgan and iShares. Their fees differ too: 0.20% for JPLG.L and 0.55% for IFSW.L.