MWEP.L vs. IWVG.L
Compare and contrast key facts about Invesco MSCI World Equal Weight UCITS ETF Acc (MWEP.L) and iShares Edge MSCI World Value Factor UCITS ETF USD (Dist) (IWVG.L).
MWEP.L and IWVG.L are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. MWEP.L is a passively managed fund by Invesco that tracks the performance of the MSCI World Equal Weighted Index. It was launched on Sep 4, 2024. IWVG.L is a passively managed fund by iShares that tracks the performance of the MSCI ACWI Value NR USD. It was launched on Feb 23, 2018. Both MWEP.L and IWVG.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.
Performance
MWEP.L vs. IWVG.L - Performance Comparison
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MWEP.L vs. IWVG.L - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | |
|---|---|---|---|
MWEP.L Invesco MSCI World Equal Weight UCITS ETF Acc | 2.19% | 13.60% | 4.59% |
IWVG.L iShares Edge MSCI World Value Factor UCITS ETF USD (Dist) | 6.96% | 27.50% | 1.76% |
Different Trading Currencies
MWEP.L is traded in GBp, while IWVG.L is traded in GBP. To make them comparable, the IWVG.L values have been converted to GBp using the latest available exchange rates.
Returns By Period
In the year-to-date period, MWEP.L achieves a 2.19% return, which is significantly lower than IWVG.L's 6.96% return.
MWEP.L
- 1D
- 1.80%
- 1M
- -3.68%
- YTD
- 2.19%
- 6M
- 5.24%
- 1Y
- 15.85%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
IWVG.L
- 1D
- 3.06%
- 1M
- -2.54%
- YTD
- 6.96%
- 6M
- 16.02%
- 1Y
- 30.84%
- 3Y*
- 16.42%
- 5Y*
- 12.05%
- 10Y*
- —
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MWEP.L vs. IWVG.L - Expense Ratio Comparison
MWEP.L has a 0.20% expense ratio, which is lower than IWVG.L's 0.30% expense ratio.
Return for Risk
MWEP.L vs. IWVG.L — Risk / Return Rank
MWEP.L
IWVG.L
MWEP.L vs. IWVG.L - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Invesco MSCI World Equal Weight UCITS ETF Acc (MWEP.L) and iShares Edge MSCI World Value Factor UCITS ETF USD (Dist) (IWVG.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.
| MWEP.L | IWVG.L | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 1.20 | 2.09 | -0.88 |
Sortino ratioReturn per unit of downside risk | 1.67 | 2.68 | -1.01 |
Omega ratioGain probability vs. loss probability | 1.24 | 1.41 | -0.16 |
Calmar ratioReturn relative to maximum drawdown | 2.11 | 4.37 | -2.27 |
Martin ratioReturn relative to average drawdown | 8.31 | 15.30 | -6.99 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| MWEP.L | IWVG.L | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.20 | 2.09 | -0.88 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | — | 0.94 | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 1.06 | 0.55 | +0.51 |
Correlation
The correlation between MWEP.L and IWVG.L is 0.81, 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.
Dividends
MWEP.L vs. IWVG.L - Dividend Comparison
Neither MWEP.L nor IWVG.L has paid dividends to shareholders.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | |
|---|---|---|---|---|---|---|---|---|---|
MWEP.L Invesco MSCI World Equal Weight UCITS ETF Acc | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
IWVG.L iShares Edge MSCI World Value Factor UCITS ETF USD (Dist) | 0.00% | 0.00% | 1.82% | 3.23% | 3.12% | 2.61% | 2.37% | 2.90% | 2.48% |
Drawdowns
MWEP.L vs. IWVG.L - Drawdown Comparison
The maximum MWEP.L drawdown since its inception was -14.02%, smaller than the maximum IWVG.L drawdown of -28.07%. Use the drawdown chart below to compare losses from any high point for MWEP.L and IWVG.L.
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Drawdown Indicators
| MWEP.L | IWVG.L | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -14.02% | -28.07% | +14.05% |
Max Drawdown (1Y)Largest decline over 1 year | -9.16% | -10.74% | +1.58% |
Max Drawdown (5Y)Largest decline over 5 years | — | -13.79% | — |
Current DrawdownCurrent decline from peak | -4.32% | -3.68% | -0.64% |
Average DrawdownAverage peak-to-trough decline | -1.91% | -4.38% | +2.47% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.95% | 2.05% | -0.10% |
Volatility
MWEP.L vs. IWVG.L - Volatility Comparison
The current volatility for Invesco MSCI World Equal Weight UCITS ETF Acc (MWEP.L) is 4.88%, while iShares Edge MSCI World Value Factor UCITS ETF USD (Dist) (IWVG.L) has a volatility of 6.14%. This indicates that MWEP.L experiences smaller price fluctuations and is considered to be less risky than IWVG.L based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| MWEP.L | IWVG.L | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 4.88% | 6.14% | -1.26% |
Volatility (6M)Calculated over the trailing 6-month period | 8.60% | 9.90% | -1.30% |
Volatility (1Y)Calculated over the trailing 1-year period | 13.15% | 14.73% | -1.58% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 12.39% | 12.84% | -0.45% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 12.39% | 15.50% | -3.11% |