MINT vs. SWDA.L
MINT (PIMCO Enhanced Short Maturity Active ETF) and SWDA.L (iShares Core MSCI World UCITS ETF USD (Acc)) are both exchange-traded funds - MINT is a Ultrashort Bond fund actively managed by PIMCO, while SWDA.L is a Global Equities fund tracking the MSCI World Index. MINT is actively managed, while SWDA.L is passively managed. Over the past 10 years, MINT returned 2.71%/yr vs 13.09%/yr for SWDA.L. At a 0.01 correlation, their price movements are largely independent. MINT charges 0.36%/yr vs 0.20%/yr for SWDA.L.
Performance
MINT vs. SWDA.L - Performance Comparison
Loading charts...
Different Trading Currencies
MINT is traded in USD, while SWDA.L is traded in GBp. To make them comparable, the SWDA.L values have been converted to USD using the latest available exchange rates.
Returns By Period
In the year-to-date period, MINT achieves a 1.86% return, which is significantly lower than SWDA.L's 7.96% return. Over the past 10 years, MINT has underperformed SWDA.L with an annualized return of 2.71%, while SWDA.L has yielded a comparatively higher 13.09% annualized return.
MINT
- 1D
- 0.01%
- 1M
- 0.35%
- YTD
- 1.86%
- 6M
- 2.21%
- 1Y
- 4.65%
- 3Y*
- 5.38%
- 5Y*
- 3.48%
- 10Y*
- 2.71%
SWDA.L
- 1D
- -0.29%
- 1M
- 0.55%
- YTD
- 7.96%
- 6M
- 9.08%
- 1Y
- 23.57%
- 3Y*
- 19.95%
- 5Y*
- 11.40%
- 10Y*
- 13.09%
MINT vs. SWDA.L - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
MINT PIMCO Enhanced Short Maturity Active ETF | 1.86% | 4.74% | 5.94% | 6.26% | -1.01% | -0.03% | 1.62% | 3.34% | 1.72% | 1.86% |
SWDA.L iShares Core MSCI World UCITS ETF USD (Acc) | 7.96% | 21.14% | 19.09% | 23.79% | -18.13% | 22.52% | 15.68% | 27.97% | -9.23% | 22.42% |
Correlation
The correlation between MINT and SWDA.L is 0.06, meaning there is essentially no relationship between their price movements. Each responds to its own set of market drivers, making them strong candidates for combining in a diversified portfolio.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.06 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.06 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.10 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.04 |
Correlation (All Time) Calculated using the full available price history since Nov 17, 2009 | 0.01 |
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Return for Risk
MINT vs. SWDA.L — Risk / Return Rank
MINT
SWDA.L
MINT vs. SWDA.L - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for PIMCO Enhanced Short Maturity Active ETF (MINT) 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.
| MINT | SWDA.L | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +15.10 | ||
| Sortino ratioReturn per unit of downside risk | +62.23 | ||
| Omega ratioGain probability vs. loss probability | 20.44 | 1.37 | +19.08 |
| Calmar ratioReturn relative to maximum drawdown | 93.88 | 2.73 | +91.15 |
| Martin ratioReturn relative to average drawdown | 935.03 | 11.98 | +923.05 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
Loading charts...
Sharpe Ratios by Period
| MINT | SWDA.L | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 17.14 | 2.04 | +15.10 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 6.01 | 0.75 | +5.27 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 2.88 | 0.84 | +2.04 |
Sharpe Ratio (All Time)Calculated using the full available price history | 2.47 | 0.43 | +2.04 |
Drawdowns
MINT vs. SWDA.L - Drawdown Comparison
The maximum MINT drawdown since its inception was -4.62%, smaller than the maximum SWDA.L drawdown of -45.69%. Use the drawdown chart below to compare losses from any high point for MINT and SWDA.L.
Loading charts...
Drawdown Indicators
| MINT | SWDA.L | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -4.62% | -45.69% | +41.07% |
Max Drawdown (1Y)Largest decline over 1 year | -0.05% | -8.59% | +8.54% |
Max Drawdown (3Y)Largest decline over 3 years | -0.16% | -17.07% | +16.91% |
Max Drawdown (5Y)Largest decline over 5 years | -2.42% | -26.50% | +24.08% |
Max Drawdown (10Y)Largest decline over 10 years | -4.62% | -33.61% | +28.99% |
Current DrawdownCurrent decline from peak | 0.00% | -2.09% | +2.09% |
Average DrawdownAverage peak-to-trough decline | -0.17% | -11.22% | +11.05% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 0.00% | 1.96% | -1.96% |
Volatility
MINT vs. SWDA.L - Volatility Comparison
The current volatility for PIMCO Enhanced Short Maturity Active ETF (MINT) is 0.09%, while iShares Core MSCI World UCITS ETF USD (Acc) (SWDA.L) has a volatility of 2.79%. This indicates that MINT 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.
Loading charts...
Volatility by Period
| MINT | SWDA.L | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 0.09% | 2.79% | -2.70% |
Volatility (6M)Calculated over the trailing 6-month period | 0.20% | 8.71% | -8.51% |
Volatility (1Y)Calculated over the trailing 1-year period | 0.27% | 11.53% | -11.26% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 0.58% | 15.33% | -14.75% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 0.95% | 15.83% | -14.88% |
MINT vs. SWDA.L - Expense Ratio Comparison
MINT has a 0.36% expense ratio, which is higher than SWDA.L's 0.20% expense ratio.
Dividends
MINT vs. SWDA.L - Dividend Comparison
MINT's dividend yield for the trailing twelve months is around 4.28%, while SWDA.L has not paid dividends to shareholders.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
MINT PIMCO Enhanced Short Maturity Active ETF | 4.28% | 4.63% | 5.22% | 4.91% | 1.90% | 0.44% | 1.15% | 2.65% | 2.32% | 1.61% | 1.35% | 0.88% |
SWDA.L iShares Core MSCI World UCITS ETF USD (Acc) | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Frequently Asked Questions
MINT and SWDA.L have a correlation of 0.06, 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 0.36% for MINT.
MINT is categorized as Ultrashort Bond, while SWDA.L is Global Equities. They also come from different issuers: PIMCO and iShares. Their fees differ too: 0.36% for MINT and 0.20% for SWDA.L.
Find the right allocation for MINT 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