MXWS.L vs. MXWO.L
Compare and contrast key facts about Invesco MSCI World UCITS ETF (MXWS.L) and Invesco MSCI World UCITS ETF (MXWO.L).
MXWS.L and MXWO.L are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. MXWS.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. 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. Both MXWS.L and MXWO.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.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: MXWS.L or MXWO.L.
Key characteristics
| MXWS.L | MXWO.L | |
|---|---|---|
| YTD Return | 16.42% | 18.77% |
| 1Y Return | 22.94% | 31.13% |
| 3Y Return (Ann) | 10.14% | 8.09% |
| 5Y Return (Ann) | 13.37% | 13.09% |
| Sharpe Ratio | 2.31 | 2.78 |
| Sortino Ratio | 3.16 | 3.92 |
| Omega Ratio | 1.43 | 1.51 |
| Calmar Ratio | 3.86 | 2.55 |
| Martin Ratio | 16.25 | 18.05 |
| Ulcer Index | 1.46% | 1.80% |
| Daily Std Dev | 10.27% | 11.68% |
| Max Drawdown | -24.29% | -33.89% |
| Current Drawdown | -0.18% | -0.60% |
Correlation
The correlation between MXWS.L and MXWO.L is 0.76, 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.
Performance
MXWS.L vs. MXWO.L - Performance Comparison
In the year-to-date period, MXWS.L achieves a 16.42% return, which is significantly lower than MXWO.L's 18.77% return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
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MXWS.L vs. MXWO.L - Expense Ratio Comparison
Both MXWS.L and MXWO.L have an expense ratio of 0.19%, making them cost-effective options compared to the broader market, where average expense ratios typically range from 0.3% to 0.9%.
Risk-Adjusted Performance
MXWS.L vs. MXWO.L - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Invesco MSCI World UCITS ETF (MXWS.L) and Invesco MSCI World UCITS ETF (MXWO.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
MXWS.L vs. MXWO.L - Dividend Comparison
Neither MXWS.L nor MXWO.L has paid dividends to shareholders.
Drawdowns
MXWS.L vs. MXWO.L - Drawdown Comparison
The maximum MXWS.L drawdown since its inception was -24.29%, smaller than the maximum MXWO.L drawdown of -33.89%. Use the drawdown chart below to compare losses from any high point for MXWS.L and MXWO.L. For additional features, visit the drawdowns tool.
Volatility
MXWS.L vs. MXWO.L - Volatility Comparison
The current volatility for Invesco MSCI World UCITS ETF (MXWS.L) is 2.38%, while Invesco MSCI World UCITS ETF (MXWO.L) has a volatility of 2.54%. This indicates that MXWS.L experiences smaller price fluctuations and is considered to be less risky than MXWO.L based on this measure. The chart below showcases a comparison of their rolling one-month volatility.