MXUS.L vs. ACWI
Compare and contrast key facts about Invesco MSCI USA UCITS ETF (MXUS.L) and iShares MSCI ACWI ETF (ACWI).
MXUS.L and ACWI are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. MXUS.L is a passively managed fund by Invesco that tracks the performance of the Russell 1000 TR USD. It was launched on Mar 31, 2009. 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. Both MXUS.L and ACWI are passive ETFs, meaning that they are not actively managed but aim to replicate the performance of the underlying index as closely as possible.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: MXUS.L or ACWI.
Performance
MXUS.L vs. ACWI - Performance Comparison
Returns By Period
In the year-to-date period, MXUS.L achieves a 24.64% return, which is significantly higher than ACWI's 18.14% return. Over the past 10 years, MXUS.L has outperformed ACWI with an annualized return of 12.78%, while ACWI has yielded a comparatively lower 9.22% annualized return.
MXUS.L
24.64%
0.97%
11.73%
33.15%
15.37%
12.78%
ACWI
18.14%
-1.18%
7.13%
25.19%
11.16%
9.22%
Key characteristics
| MXUS.L | ACWI | |
|---|---|---|
| Sharpe Ratio | 2.76 | 2.23 |
| Sortino Ratio | 3.80 | 3.05 |
| Omega Ratio | 1.52 | 1.40 |
| Calmar Ratio | 4.08 | 3.18 |
| Martin Ratio | 17.59 | 14.28 |
| Ulcer Index | 1.83% | 1.80% |
| Daily Std Dev | 11.68% | 11.59% |
| Max Drawdown | -34.38% | -56.00% |
| Current Drawdown | -1.82% | -1.97% |
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MXUS.L vs. ACWI - Expense Ratio Comparison
MXUS.L has a 0.05% expense ratio, which is lower than ACWI's 0.32% expense ratio.
Correlation
The correlation between MXUS.L and ACWI is 0.56, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.
Risk-Adjusted Performance
MXUS.L vs. ACWI - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Invesco MSCI USA UCITS ETF (MXUS.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
MXUS.L vs. ACWI - Dividend Comparison
MXUS.L has not paid dividends to shareholders, while ACWI's dividend yield for the trailing twelve months is around 1.59%.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
MXUS.L Invesco MSCI USA UCITS ETF | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
ACWI iShares MSCI ACWI ETF | 1.59% | 1.88% | 1.79% | 1.71% | 1.43% | 2.33% | 2.25% | 1.94% | 2.19% | 2.56% | 2.26% | 1.89% |
Drawdowns
MXUS.L vs. ACWI - Drawdown Comparison
The maximum MXUS.L drawdown since its inception was -34.38%, smaller than the maximum ACWI drawdown of -56.00%. Use the drawdown chart below to compare losses from any high point for MXUS.L and ACWI. For additional features, visit the drawdowns tool.
Volatility
MXUS.L vs. ACWI - Volatility Comparison
Invesco MSCI USA UCITS ETF (MXUS.L) has a higher volatility of 4.01% compared to iShares MSCI ACWI ETF (ACWI) at 3.24%. This indicates that MXUS.L's price experiences larger fluctuations and is considered to be riskier than ACWI based on this measure. The chart below showcases a comparison of their rolling one-month volatility.