MXWS.L vs. SWDA.L
Compare and contrast key facts about Invesco MSCI World UCITS ETF (MXWS.L) and iShares Core MSCI World UCITS ETF USD (Acc) (SWDA.L).
MXWS.L and SWDA.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. 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. Both MXWS.L and SWDA.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 SWDA.L.
Performance
MXWS.L vs. SWDA.L - Performance Comparison
Returns By Period
The year-to-date returns for both investments are quite close, with MXWS.L having a 19.74% return and SWDA.L slightly higher at 19.86%.
MXWS.L
19.74%
2.52%
8.15%
24.80%
13.17%
N/A
SWDA.L
19.86%
2.64%
8.22%
24.86%
12.63%
12.29%
Key characteristics
| MXWS.L | SWDA.L | |
|---|---|---|
| Sharpe Ratio | 2.45 | 2.45 |
| Sortino Ratio | 3.45 | 3.44 |
| Omega Ratio | 1.47 | 1.47 |
| Calmar Ratio | 4.03 | 4.07 |
| Martin Ratio | 17.92 | 17.96 |
| Ulcer Index | 1.38% | 1.38% |
| Daily Std Dev | 10.06% | 10.07% |
| Max Drawdown | -24.29% | -25.58% |
| Current Drawdown | -0.64% | -0.53% |
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MXWS.L vs. SWDA.L - Expense Ratio Comparison
MXWS.L has a 0.19% expense ratio, which is lower than SWDA.L's 0.20% 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 MXWS.L and SWDA.L is 0.82, 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.
Risk-Adjusted Performance
MXWS.L vs. SWDA.L - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Invesco MSCI World UCITS ETF (MXWS.L) 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
MXWS.L vs. SWDA.L - Dividend Comparison
Neither MXWS.L nor SWDA.L has paid dividends to shareholders.
Drawdowns
MXWS.L vs. SWDA.L - Drawdown Comparison
The maximum MXWS.L drawdown since its inception was -24.29%, smaller than the maximum SWDA.L drawdown of -25.58%. Use the drawdown chart below to compare losses from any high point for MXWS.L and SWDA.L. For additional features, visit the drawdowns tool.
Volatility
MXWS.L vs. SWDA.L - Volatility Comparison
Invesco MSCI World UCITS ETF (MXWS.L) and iShares Core MSCI World UCITS ETF USD (Acc) (SWDA.L) have volatilities of 3.18% and 3.25%, 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.