LGGG.L vs. SWDA.L
Compare and contrast key facts about L&G Global Equity UCITS ETF (LGGG.L) and iShares Core MSCI World UCITS ETF USD (Acc) (SWDA.L).
LGGG.L and SWDA.L are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. LGGG.L is a passively managed fund by Legal & General that tracks the performance of the MSCI ACWI NR USD. It was launched on Nov 7, 2018. SWDA.L is a passively managed fund by iShares that tracks the performance of the MSCI ACWI NR USD. It was launched on Sep 25, 2009. Both LGGG.L and SWDA.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.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: LGGG.L or SWDA.L.
Key characteristics
| LGGG.L | SWDA.L | |
|---|---|---|
| YTD Return | 16.56% | 16.36% |
| 1Y Return | 22.93% | 22.70% |
| 3Y Return (Ann) | 10.26% | 10.10% |
| 5Y Return (Ann) | 13.55% | 12.72% |
| Sharpe Ratio | 2.24 | 2.29 |
| Sortino Ratio | 3.08 | 3.15 |
| Omega Ratio | 1.42 | 1.43 |
| Calmar Ratio | 3.70 | 3.86 |
| Martin Ratio | 15.57 | 16.30 |
| Ulcer Index | 1.52% | 1.44% |
| Daily Std Dev | 10.51% | 10.25% |
| Max Drawdown | -25.38% | -25.58% |
| Current Drawdown | -0.21% | -0.22% |
Correlation
The correlation between LGGG.L and SWDA.L is 0.92, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.
Performance
LGGG.L vs. SWDA.L - Performance Comparison
The year-to-date returns for both stocks are quite close, with LGGG.L having a 16.56% return and SWDA.L slightly lower at 16.36%. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
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LGGG.L vs. SWDA.L - Expense Ratio Comparison
LGGG.L has a 0.10% expense ratio, which is lower than SWDA.L's 0.20% expense ratio. Despite the difference, both funds are considered low-cost compared to the broader market, where average expense ratios usually range from 0.3% to 0.9%.
Risk-Adjusted Performance
LGGG.L vs. SWDA.L - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for L&G Global Equity UCITS ETF (LGGG.L) and iShares Core MSCI World UCITS ETF USD (Acc) (SWDA.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.
Dividends
LGGG.L vs. SWDA.L - Dividend Comparison
Neither LGGG.L nor SWDA.L has paid dividends to shareholders.
Drawdowns
LGGG.L vs. SWDA.L - Drawdown Comparison
The maximum LGGG.L drawdown since its inception was -25.38%, roughly equal to the maximum SWDA.L drawdown of -25.58%. Use the drawdown chart below to compare losses from any high point for LGGG.L and SWDA.L. For additional features, visit the drawdowns tool.
Volatility
LGGG.L vs. SWDA.L - Volatility Comparison
L&G Global Equity UCITS ETF (LGGG.L) has a higher volatility of 2.53% compared to iShares Core MSCI World UCITS ETF USD (Acc) (SWDA.L) at 2.38%. This indicates that LGGG.L's price experiences larger fluctuations and is considered to be riskier than SWDA.L based on this measure. The chart below showcases a comparison of their rolling one-month volatility.