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LCRP.L vs. SWRD.L
Performance
Return for Risk
Dividends
Drawdowns
Volatility

LCRP.L vs. SWRD.L

Last updated Apr 2, 2026

Compare and contrast key facts about SPDR Bloomberg 10+ Year US Corporate Bond UCITS ETF (LCRP.L) and SPDR MSCI World UCITS ETF (SWRD.L).

LCRP.L and SWRD.L are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. LCRP.L is a passively managed fund by State Street that tracks the performance of the Bloomberg US Corp Bond TR USD. It was launched on Dec 2, 2015. SWRD.L is a passively managed fund by State Street that tracks the performance of the MSCI World Index. It was launched on Feb 28, 2019. Both LCRP.L and SWRD.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.

Performance

LCRP.L vs. SWRD.L - Performance Comparison

The chart below illustrates the hypothetical performance of a £10,000 investment in SPDR Bloomberg 10+ Year US Corporate Bond UCITS ETF (LCRP.L) and SPDR MSCI World UCITS ETF (SWRD.L). The values are adjusted to include any dividend payments, if applicable.

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LCRP.L vs. SWRD.L - Yearly Performance Comparison

2026 (YTD)2025202420232022202120202019
LCRP.L
SPDR Bloomberg 10+ Year US Corporate Bond UCITS ETF		0.00%-1.12%0.56%4.59%-16.57%-0.11%10.05%17.56%
SWRD.L
SPDR MSCI World UCITS ETF		-0.65%12.46%21.34%18.20%-8.04%23.27%12.48%13.94%
Different Trading Currencies

LCRP.L is traded in GBP, while SWRD.L is traded in USD. To make them comparable, the SWRD.L values have been converted to GBP using the latest available exchange rates.

Returns By Period

LCRP.L

1D
0.00%
1M
0.00%
YTD
0.00%
6M
-0.86%
1Y
-0.30%
3Y*
0.58%
5Y*
-1.10%
10Y*
1.65%

SWRD.L

1D
2.59%
1M
-2.59%
YTD
-0.65%
6M
2.94%
1Y
17.59%
3Y*
15.00%
5Y*
11.60%
10Y*
—
*Multi-year figures are annualized to reflect compound growth (CAGR)

Compare stocks, funds, or ETFs

Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.

SPDR Bloomberg 10+ Year US Corporate Bond UCITS ETF

SPDR MSCI World UCITS ETF

Often compared with LCRP.L:
LCRP.L vs. UC84.LLCRP.L vs. UC81.LLCRP.L vs. VCLTLCRP.L vs. SDIA.LLCRP.L vs. UDVD.LLCRP.L vs. PRIP.LLCRP.L vs. USDV.L
Often compared with SWRD.L:
SWRD.L vs. VOOSWRD.L vs. EIMI.LSWRD.L vs. SPY5.LSWRD.L vs. VTSWRD.L vs. ACWD.LSWRD.L vs. SWRD.ASSWRD.L vs. IMID.L

LCRP.L vs. SWRD.L - Expense Ratio Comparison

Both LCRP.L and SWRD.L have an expense ratio of 0.12%, making them cost-effective options compared to the broader market, where average expense ratios typically range from 0.3% to 0.9%.

LCRP.L
SPDR Bloomberg 10+ Year US Corporate Bond UCITS ETF
SWRD.L
SPDR MSCI World UCITS ETF

Return for Risk

LCRP.L vs. SWRD.L — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.
LCRP.L
LCRP.L Risk / Return Rank: 1111
Overall Rank
LCRP.L Sharpe Ratio Rank: 1212
Sharpe Ratio Rank
LCRP.L Sortino Ratio Rank: 1111
Sortino Ratio Rank
LCRP.L Omega Ratio Rank: 1111
Omega Ratio Rank
LCRP.L Calmar Ratio Rank: 1111
Calmar Ratio Rank
LCRP.L Martin Ratio Rank: 1111
Martin Ratio Rank
SWRD.L
SWRD.L Risk / Return Rank: 7676
Overall Rank
SWRD.L Sharpe Ratio Rank: 7272
Sharpe Ratio Rank
SWRD.L Sortino Ratio Rank: 7272
Sortino Ratio Rank
SWRD.L Omega Ratio Rank: 7171
Omega Ratio Rank
SWRD.L Calmar Ratio Rank: 8181
Calmar Ratio Rank
SWRD.L Martin Ratio Rank: 8282
Martin Ratio Rank
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.

LCRP.L vs. SWRD.L - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for SPDR Bloomberg 10+ Year US Corporate Bond UCITS ETF (LCRP.L) and SPDR MSCI World UCITS ETF (SWRD.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.

LCRP.LSWRD.LDifference

Sharpe ratio

Return per unit of total volatility

0.03

1.18

-1.15

Sortino ratio

Return per unit of downside risk

0.10

1.66

-1.56

Omega ratio

Gain probability vs. loss probability

1.02

1.24

-0.22

Calmar ratio

Return relative to maximum drawdown

-0.04

2.73

-2.77

Martin ratio

Return relative to average drawdown

-0.07

9.73

-9.80

Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

LCRP.L vs. SWRD.L - Sharpe Ratio Comparison

The current LCRP.L Sharpe Ratio is 0.03, which is lower than the SWRD.L Sharpe Ratio of 1.18. The chart below compares the historical Sharpe Ratios of LCRP.L and SWRD.L, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

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Sharpe Ratios by Period

LCRP.LSWRD.LDifference

Sharpe Ratio (1Y)

Calculated over the trailing 1-year period

0.03

1.18

-1.15

Sharpe Ratio (5Y)

Calculated over the trailing 5-year period

-0.09

0.81

-0.90

Sharpe Ratio (10Y)

Calculated over the trailing 10-year period

0.13

—

—

Sharpe Ratio (All Time)

Calculated using the full available price history

0.21

0.77

-0.55

Correlation

The correlation between LCRP.L and SWRD.L is 0.13, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.

Dividends

LCRP.L vs. SWRD.L - Dividend Comparison

LCRP.L's dividend yield for the trailing twelve months is around 2.75%, while SWRD.L has not paid dividends to shareholders.

TTM202520242023202220212020
LCRP.L
SPDR Bloomberg 10+ Year US Corporate Bond UCITS ETF		2.75%5.64%5.14%4.64%4.37%3.29%3.49%
SWRD.L
SPDR MSCI World UCITS ETF		0.00%0.00%0.00%0.00%0.00%0.00%0.00%

Drawdowns

LCRP.L vs. SWRD.L - Drawdown Comparison

The maximum LCRP.L drawdown since its inception was -28.37%, which is greater than SWRD.L's maximum drawdown of -26.90%. Use the drawdown chart below to compare losses from any high point for LCRP.L and SWRD.L.

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Drawdown Indicators

LCRP.LSWRD.LDifference

Max Drawdown

Largest peak-to-trough decline

-28.37%

-34.10%

+5.73%

Max Drawdown (1Y)

Largest decline over 1 year

-8.49%

-11.47%

+2.98%

Max Drawdown (5Y)

Largest decline over 5 years

-26.17%

-25.54%

-0.63%

Max Drawdown (10Y)

Largest decline over 10 years

-28.37%

—

—

Current Drawdown

Current decline from peak

-18.73%

-5.12%

-13.61%

Average Drawdown

Average peak-to-trough decline

-12.71%

-5.11%

-7.60%

Ulcer Index

Depth and duration of drawdowns from previous peaks

4.23%

2.11%

+2.12%

Volatility

LCRP.L vs. SWRD.L - Volatility Comparison

The current volatility for SPDR Bloomberg 10+ Year US Corporate Bond UCITS ETF (LCRP.L) is 0.00%, while SPDR MSCI World UCITS ETF (SWRD.L) has a volatility of 5.46%. This indicates that LCRP.L experiences smaller price fluctuations and is considered to be less risky than SWRD.L based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

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Volatility by Period

LCRP.LSWRD.LDifference

Volatility (1M)

Calculated over the trailing 1-month period

0.00%

5.46%

-5.46%

Volatility (6M)

Calculated over the trailing 6-month period

4.04%

9.09%

-5.05%

Volatility (1Y)

Calculated over the trailing 1-year period

9.67%

14.92%

-5.25%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

12.22%

14.35%

-2.13%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

12.94%

16.49%

-3.55%