MACG.L vs. SWDA.L
Compare and contrast key facts about BlackRock ESG Multi-Asset Conservative Portfolio UCITS ETF GBP Hedged (Acc) (MACG.L) and iShares Core MSCI World UCITS ETF USD (Acc) (SWDA.L).
MACG.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. MACG.L is a passively managed fund by iShares that tracks the performance of the Morningstar UK Mod Caut Tgt Alloc NR GBP. It was launched on Sep 14, 2020. 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 MACG.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: MACG.L or SWDA.L.
Key characteristics
MACG.L | SWDA.L | |
---|---|---|
YTD Return | 0.13% | 9.83% |
1Y Return | 3.98% | 22.92% |
3Y Return (Ann) | -1.33% | 11.15% |
Sharpe Ratio | 0.89 | 2.25 |
Daily Std Dev | 4.41% | 10.14% |
Max Drawdown | -14.85% | -25.58% |
Current Drawdown | -7.28% | -0.34% |
Correlation
The correlation between MACG.L and SWDA.L is 0.64, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.
Performance
MACG.L vs. SWDA.L - Performance Comparison
In the year-to-date period, MACG.L achieves a 0.13% return, which is significantly lower than SWDA.L's 9.83% return. 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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MACG.L vs. SWDA.L - Expense Ratio Comparison
MACG.L has a 0.25% expense ratio, which is higher than SWDA.L's 0.20% expense ratio. However, 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
MACG.L vs. SWDA.L - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for BlackRock ESG Multi-Asset Conservative Portfolio UCITS ETF GBP Hedged (Acc) (MACG.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
MACG.L vs. SWDA.L - Dividend Comparison
Neither MACG.L nor SWDA.L has paid dividends to shareholders.
Drawdowns
MACG.L vs. SWDA.L - Drawdown Comparison
The maximum MACG.L drawdown since its inception was -14.85%, smaller than the maximum SWDA.L drawdown of -25.58%. Use the drawdown chart below to compare losses from any high point for MACG.L and SWDA.L. For additional features, visit the drawdowns tool.
Volatility
MACG.L vs. SWDA.L - Volatility Comparison
The current volatility for BlackRock ESG Multi-Asset Conservative Portfolio UCITS ETF GBP Hedged (Acc) (MACG.L) is 2.61%, while iShares Core MSCI World UCITS ETF USD (Acc) (SWDA.L) has a volatility of 4.47%. This indicates that MACG.L experiences smaller price fluctuations and is considered to be less risky than SWDA.L based on this measure. The chart below showcases a comparison of their rolling one-month volatility.