MIGO.L vs. ACWI
Compare and contrast key facts about Migo Opportunities Trust plc (MIGO.L) and iShares MSCI ACWI ETF (ACWI).
ACWI is a passively managed fund by iShares that tracks the performance of the MSCI All Country World Index. It was launched on Mar 26, 2008.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: MIGO.L or ACWI.
Key characteristics
| MIGO.L | ACWI | |
|---|---|---|
| YTD Return | 6.63% | 15.43% |
| 1Y Return | 8.08% | 23.89% |
| 3Y Return (Ann) | -1.55% | 6.23% |
| 5Y Return (Ann) | 6.56% | 11.39% |
| 10Y Return (Ann) | 8.72% | 8.96% |
| Sharpe Ratio | 1.26 | 1.95 |
| Daily Std Dev | 6.37% | 12.19% |
| Max Drawdown | -55.63% | -56.00% |
| Current Drawdown | -8.91% | -0.42% |
Correlation
The correlation between MIGO.L and ACWI is 0.28, 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.
Performance
MIGO.L vs. ACWI - Performance Comparison
In the year-to-date period, MIGO.L achieves a 6.63% return, which is significantly lower than ACWI's 15.43% return. Both investments have delivered pretty close results over the past 10 years, with MIGO.L having a 8.72% annualized return and ACWI not far ahead at 8.96%. 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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Risk-Adjusted Performance
MIGO.L vs. ACWI - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Migo Opportunities Trust plc (MIGO.L) and iShares MSCI ACWI ETF (ACWI). 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
MIGO.L vs. ACWI - Dividend Comparison
MIGO.L's dividend yield for the trailing twelve months is around 0.17%, less than ACWI's 1.63% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
MIGO.L Migo Opportunities Trust plc | 0.17% | 0.90% | 0.12% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
ACWI iShares MSCI ACWI ETF | 1.63% | 1.88% | 1.79% | 1.71% | 1.43% | 2.33% | 2.25% | 1.94% | 2.19% | 2.56% | 2.26% | 1.89% |
Drawdowns
MIGO.L vs. ACWI - Drawdown Comparison
The maximum MIGO.L drawdown since its inception was -55.63%, roughly equal to the maximum ACWI drawdown of -56.00%. Use the drawdown chart below to compare losses from any high point for MIGO.L and ACWI. For additional features, visit the drawdowns tool.
Volatility
MIGO.L vs. ACWI - Volatility Comparison
The current volatility for Migo Opportunities Trust plc (MIGO.L) is 1.85%, while iShares MSCI ACWI ETF (ACWI) has a volatility of 3.76%. This indicates that MIGO.L experiences smaller price fluctuations and is considered to be less risky than ACWI based on this measure. The chart below showcases a comparison of their rolling one-month volatility.