MWIGX vs. SWDA.L
Compare and contrast key facts about Metropolitan West Investment Grade Credit Fund (MWIGX) and iShares Core MSCI World UCITS ETF USD (Acc) (SWDA.L).
MWIGX is managed by Metropolitan West Funds. It was launched on Jun 29, 2018. 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.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: MWIGX or SWDA.L.
Correlation
The correlation between MWIGX and SWDA.L is 0.13, 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
MWIGX vs. SWDA.L - Performance Comparison
Key characteristics
MWIGX:
1.03
SWDA.L:
2.10
MWIGX:
1.51
SWDA.L:
2.96
MWIGX:
1.19
SWDA.L:
1.40
MWIGX:
0.62
SWDA.L:
3.65
MWIGX:
3.23
SWDA.L:
15.73
MWIGX:
1.43%
SWDA.L:
1.41%
MWIGX:
4.51%
SWDA.L:
10.63%
MWIGX:
-16.20%
SWDA.L:
-25.58%
MWIGX:
-2.07%
SWDA.L:
-0.45%
Returns By Period
In the year-to-date period, MWIGX achieves a 0.13% return, which is significantly lower than SWDA.L's 4.31% return.
MWIGX
0.13%
1.18%
-0.02%
4.62%
1.11%
N/A
SWDA.L
4.31%
3.20%
14.73%
20.56%
12.56%
12.55%
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MWIGX vs. SWDA.L - Expense Ratio Comparison
MWIGX has a 1.87% expense ratio, which is higher than SWDA.L's 0.20% expense ratio.
Risk-Adjusted Performance
MWIGX vs. SWDA.L — Risk-Adjusted Performance Rank
MWIGX
SWDA.L
MWIGX vs. SWDA.L - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Metropolitan West Investment Grade Credit Fund (MWIGX) 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
MWIGX vs. SWDA.L - Dividend Comparison
MWIGX's dividend yield for the trailing twelve months is around 4.12%, while SWDA.L has not paid dividends to shareholders.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | |
|---|---|---|---|---|---|---|---|---|
MWIGX Metropolitan West Investment Grade Credit Fund | 4.12% | 4.53% | 5.99% | 9.12% | 4.91% | 8.11% | 9.94% | 3.75% |
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% |
Drawdowns
MWIGX vs. SWDA.L - Drawdown Comparison
The maximum MWIGX drawdown since its inception was -16.20%, smaller than the maximum SWDA.L drawdown of -25.58%. Use the drawdown chart below to compare losses from any high point for MWIGX and SWDA.L. For additional features, visit the drawdowns tool.
Volatility
MWIGX vs. SWDA.L - Volatility Comparison
The current volatility for Metropolitan West Investment Grade Credit Fund (MWIGX) is 1.02%, while iShares Core MSCI World UCITS ETF USD (Acc) (SWDA.L) has a volatility of 3.02%. This indicates that MWIGX 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.