MXWO.L vs. URTH
Compare and contrast key facts about Invesco MSCI World UCITS ETF (MXWO.L) and iShares MSCI World ETF (URTH).
MXWO.L and URTH are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. MXWO.L is a passively managed fund by Invesco that tracks the performance of the MSCI ACWI NR USD. It was launched on Apr 2, 2009. URTH is a passively managed fund by iShares that tracks the performance of the MSCI World Index. It was launched on Jan 10, 2012. Both MXWO.L and URTH 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: MXWO.L or URTH.
Performance
MXWO.L vs. URTH - Performance Comparison
Returns By Period
The year-to-date returns for both stocks are quite close, with MXWO.L having a 18.87% return and URTH slightly lower at 18.73%. Both investments have delivered pretty close results over the past 10 years, with MXWO.L having a 9.93% annualized return and URTH not far ahead at 10.07%.
MXWO.L
18.87%
-0.53%
7.70%
27.09%
12.26%
9.93%
URTH
18.73%
-0.60%
7.64%
26.72%
12.07%
10.07%
Key characteristics
| MXWO.L | URTH | |
|---|---|---|
| Sharpe Ratio | 2.34 | 2.28 |
| Sortino Ratio | 3.28 | 3.11 |
| Omega Ratio | 1.43 | 1.41 |
| Calmar Ratio | 3.42 | 3.25 |
| Martin Ratio | 14.88 | 14.45 |
| Ulcer Index | 1.77% | 1.85% |
| Daily Std Dev | 11.23% | 11.70% |
| Max Drawdown | -33.89% | -34.01% |
| Current Drawdown | -1.87% | -2.24% |
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MXWO.L vs. URTH - Expense Ratio Comparison
MXWO.L has a 0.19% expense ratio, which is lower than URTH's 0.24% expense ratio. Despite the difference, both funds are considered low-cost compared to the broader market, where average expense ratios usually range from 0.3% to 0.9%.
Correlation
The correlation between MXWO.L and URTH 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
MXWO.L vs. URTH - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Invesco MSCI World UCITS ETF (MXWO.L) and iShares MSCI World ETF (URTH). 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
MXWO.L vs. URTH - Dividend Comparison
MXWO.L has not paid dividends to shareholders, while URTH's dividend yield for the trailing twelve months is around 1.45%.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
MXWO.L Invesco MSCI World 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% |
URTH iShares MSCI World ETF | 1.45% | 1.70% | 1.68% | 1.50% | 1.52% | 2.16% | 2.30% | 1.88% | 2.14% | 2.35% | 2.32% | 1.04% |
Drawdowns
MXWO.L vs. URTH - Drawdown Comparison
The maximum MXWO.L drawdown since its inception was -33.89%, roughly equal to the maximum URTH drawdown of -34.01%. Use the drawdown chart below to compare losses from any high point for MXWO.L and URTH. For additional features, visit the drawdowns tool.
Volatility
MXWO.L vs. URTH - Volatility Comparison
Invesco MSCI World UCITS ETF (MXWO.L) and iShares MSCI World ETF (URTH) have volatilities of 3.41% and 3.39%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.