PortfoliosLab logoPortfoliosLab logo

Documentation

Upgrade your plan
MAGG.L vs. SWDA.L
Performance
Return for Risk
Drawdowns
Volatility
Dividends

MAGG.L vs. SWDA.L

Last updated Jun 5, 2026

MAGG.L (BlackRock ESG Multi-Asset Growth Portfolio UCITS ETF GBP Hedged (Acc)) and SWDA.L (iShares Core MSCI World UCITS ETF USD (Acc)) are both exchange-traded funds - MAGG.L is a Diversified Portfolio fund tracking the Morningstar UK Mod Adv Tgt Alloc NR GBP, while SWDA.L is a Global Equities fund tracking the MSCI World Index. Both are passively managed. Over the past 5 years, MAGG.L returned 9.03%/yr vs 13.06%/yr for SWDA.L. Their correlation of 0.81 suggests significant overlap in exposure. MAGG.L charges 0.25%/yr vs 0.20%/yr for SWDA.L.

Performance

MAGG.L vs. SWDA.L - Performance Comparison

The chart below illustrates the hypothetical performance of a £10,000 investment in BlackRock ESG Multi-Asset Growth Portfolio UCITS ETF GBP Hedged (Acc) (MAGG.L) and iShares Core MSCI World UCITS ETF USD (Acc) (SWDA.L). The values are adjusted to include any dividend payments, if applicable.

Loading charts...

Different Trading Currencies

MAGG.L is traded in GBP, while SWDA.L is traded in GBp. To make them comparable, the SWDA.L values have been converted to GBP using the latest available exchange rates.

Returns By Period

In the year-to-date period, MAGG.L achieves a 12.91% return, which is significantly higher than SWDA.L's 10.08% return.

MAGG.L

1D
-0.08%
1M
5.44%
YTD
12.91%
6M
14.15%
1Y
26.97%
3Y*
16.76%
5Y*
9.03%
10Y*
—

SWDA.L

1D
0.15%
1M
5.12%
YTD
10.08%
6M
10.35%
1Y
27.25%
3Y*
17.68%
5Y*
13.06%
10Y*
13.91%
*Multi-year figures are annualized to reflect compound growth (CAGR)

MAGG.L vs. SWDA.L - Yearly Performance Comparison

2026 (YTD)202520242023202220212020
MAGG.L
BlackRock ESG Multi-Asset Growth Portfolio UCITS ETF GBP Hedged (Acc)		12.91%10.89%19.68%12.90%-17.33%18.23%6.63%
SWDA.L
iShares Core MSCI World UCITS ETF USD (Acc)		10.08%12.64%21.11%17.59%-8.33%23.64%5.93%

Correlation

The correlation between MAGG.L and SWDA.L is 0.85, indicating a strong positive relationship between their price movements. Combining them offers limited diversification - they tend to fall together during downturns.

Correlation
Correlation (1Y)
Calculated over the trailing 1-year period

0.85

Correlation (3Y)
Calculated over the trailing 3-year period

0.83

Correlation (5Y)
Calculated over the trailing 5-year period

0.82

Correlation (All Time)
Calculated using the full available price history since Sep 17, 2020

0.81

The correlation between MAGG.L and SWDA.L has been stable across timeframes, ranging from 0.81 to 0.85 - a consistent structural relationship.

MAGG.L vs. SWDA.L - Sectors Allocation Comparison

Sectors
MAGG.L
SWDA.L

Technology

32.3%
30.0%

Financial Services

15.1%
15.4%

Industrials

10.6%
10.9%

Consumer Cyclical

9.2%
9.0%

Communication Services

8.9%
9.2%

Healthcare

8.5%
8.7%

Consumer Defensive

4.1%
5.2%

Utilities

3.5%
2.5%

Energy

3.0%
4.2%

Basic Materials

2.8%
3.2%

Real Estate

2.1%
1.8%

Technology

MAGG.L
32.3%
SWDA.L
30.0%

Financial Services

MAGG.L
15.1%
SWDA.L
15.4%

Industrials

MAGG.L
10.6%
SWDA.L
10.9%

Consumer Cyclical

MAGG.L
9.2%
SWDA.L
9.0%

Communication Services

MAGG.L
8.9%
SWDA.L
9.2%

Healthcare

MAGG.L
8.5%
SWDA.L
8.7%

Consumer Defensive

MAGG.L
4.1%
SWDA.L
5.2%

Utilities

MAGG.L
3.5%
SWDA.L
2.5%

Energy

MAGG.L
3.0%
SWDA.L
4.2%

Basic Materials

MAGG.L
2.8%
SWDA.L
3.2%

Real Estate

MAGG.L
2.1%
SWDA.L
1.8%

Compare stocks, funds, or ETFs

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

BlackRock ESG Multi-Asset Growth Portfolio UCITS ETF GBP Hedged (Acc)

iShares Core MSCI World UCITS ETF USD (Acc)

Often compared with MAGG.L:
MAGG.L vs. ^SP500TRMAGG.L vs. MAGSMAGG.L vs. BLKMAGG.L vs. CGGOMAGG.L vs. GLDMAGG.L vs. MACG.LMAGG.L vs. ACWD.L
Often compared with SWDA.L:
SWDA.L vs. IWDA.LSWDA.L vs. VWRP.LSWDA.L vs. VWCE.DESWDA.L vs. SPYSWDA.L vs. IUSQ.DESWDA.L vs. EUN.LSWDA.L vs. VOO

Return for Risk

MAGG.L vs. SWDA.L — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.
MAGG.L
MAGG.L Risk / Return Rank: 8181
Overall Rank
MAGG.L Sharpe Ratio Rank: 8282
Sharpe Ratio Rank
MAGG.L Sortino Ratio Rank: 8686
Sortino Ratio Rank
MAGG.L Omega Ratio Rank: 8383
Omega Ratio Rank
MAGG.L Calmar Ratio Rank: 7474
Calmar Ratio Rank
MAGG.L Martin Ratio Rank: 8181
Martin Ratio Rank
SWDA.L
SWDA.L Risk / Return Rank: 8383
Overall Rank
SWDA.L Sharpe Ratio Rank: 8383
Sharpe Ratio Rank
SWDA.L Sortino Ratio Rank: 8383
Sortino Ratio Rank
SWDA.L Omega Ratio Rank: 8484
Omega Ratio Rank
SWDA.L Calmar Ratio Rank: 8181
Calmar Ratio Rank
SWDA.L Martin Ratio Rank: 8383
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.

MAGG.L vs. SWDA.L - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for BlackRock ESG Multi-Asset Growth Portfolio UCITS ETF GBP Hedged (Acc) (MAGG.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.

MAGG.LSWDA.LDifference
Sharpe ratioReturn per unit of total volatility
2.61
2.66

-0.05

Sortino ratioReturn per unit of downside risk
3.80
3.69

+0.11

Omega ratioGain probability vs. loss probability

1.49

1.51

-0.01

Calmar ratioReturn relative to maximum drawdown

3.65

4.14

-0.50

Martin ratioReturn relative to average drawdown

15.82

16.55

-0.74

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

MAGG.L vs. SWDA.L - Sharpe Ratio Comparison

The current MAGG.L Sharpe Ratio is 2.61, which is comparable to the SWDA.L Sharpe Ratio of 2.66. The chart below compares the historical Sharpe Ratios of MAGG.L and SWDA.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.

Loading charts...

Sharpe Ratios by Period

MAGG.LSWDA.LDifference

Sharpe Ratio (1Y)

Calculated over the trailing 1-year period

2.61

2.66

-0.05

Sharpe Ratio (5Y)

Calculated over the trailing 5-year period

0.75

0.98

-0.23

Sharpe Ratio (10Y)

Calculated over the trailing 10-year period

—

0.96

—

Sharpe Ratio (All Time)

Calculated using the full available price history

0.87

0.88

-0.02

Drawdowns

MAGG.L vs. SWDA.L - Drawdown Comparison

The maximum MAGG.L drawdown since its inception was -21.07%, smaller than the maximum SWDA.L drawdown of -25.58%. Use the drawdown chart below to compare losses from any high point for MAGG.L and SWDA.L.

Loading charts...

Drawdown Indicators

MAGG.LSWDA.LDifference

Max Drawdown

Largest peak-to-trough decline

-21.07%

-25.58%

+4.51%

Max Drawdown (1Y)

Largest decline over 1 year

-7.36%

-6.55%

-0.81%

Max Drawdown (3Y)

Largest decline over 3 years

-17.71%

-18.50%

+0.79%

Max Drawdown (5Y)

Largest decline over 5 years

-21.07%

-18.50%

-2.57%

Max Drawdown (10Y)

Largest decline over 10 years

—

-25.58%

—

Current Drawdown

Current decline from peak

-0.78%

-0.10%

-0.68%

Average Drawdown

Average peak-to-trough decline

-5.72%

-3.49%

-2.23%

Ulcer Index

Depth and duration of drawdowns from previous peaks

1.70%

1.64%

+0.06%

Volatility

MAGG.L vs. SWDA.L - Volatility Comparison

BlackRock ESG Multi-Asset Growth Portfolio UCITS ETF GBP Hedged (Acc) (MAGG.L) has a higher volatility of 3.58% compared to iShares Core MSCI World UCITS ETF USD (Acc) (SWDA.L) at 2.52%. This indicates that MAGG.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.

Loading charts...

Volatility by Period

MAGG.LSWDA.LDifference

Volatility (1M)

Calculated over the trailing 1-month period

3.58%

2.52%

+1.06%

Volatility (6M)

Calculated over the trailing 6-month period

8.06%

7.29%

+0.77%

Volatility (1Y)

Calculated over the trailing 1-year period

10.28%

10.19%

+0.09%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

12.08%

13.30%

-1.22%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

12.05%

14.50%

-2.45%

MAGG.L vs. SWDA.L - Expense Ratio Comparison

MAGG.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%.

Dividends

MAGG.L vs. SWDA.L - Dividend Comparison

Neither MAGG.L nor SWDA.L has paid dividends to shareholders.

Tickers have no history of dividend payments

Frequently Asked Questions

MAGG.L and SWDA.L have a correlation of 0.85, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

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

SWDA.L is cheaper with a 0.20% expense ratio, compared with 0.25% for MAGG.L.

MAGG.L is categorized as Diversified Portfolio, while SWDA.L is Global Equities. MAGG.L tracks Morningstar UK Mod Adv Tgt Alloc NR GBP, while SWDA.L tracks MSCI World Index. Their fees differ too: 0.25% for MAGG.L and 0.20% for SWDA.L.

Portfolio Optimizer

Find the right allocation for MAGG.L and SWDA.L

Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.

Open Portfolio Optimizer