MXWS.L vs. VUAA.L
Compare and contrast key facts about Invesco MSCI World UCITS ETF (MXWS.L) and Vanguard S&P 500 UCITS ETF (VUAA.L).
MXWS.L and VUAA.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. VUAA.L is a passively managed fund by Vanguard Group (Ireland) Limited that tracks the performance of the S&P 500 Index. It was launched on May 14, 2019. Both MXWS.L and VUAA.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 VUAA.L.
Performance
MXWS.L vs. VUAA.L - Performance Comparison
Returns By Period
In the year-to-date period, MXWS.L achieves a 19.74% return, which is significantly lower than VUAA.L's 24.54% return.
MXWS.L
19.74%
2.52%
8.15%
24.80%
13.17%
N/A
VUAA.L
24.54%
0.88%
11.51%
32.62%
15.14%
N/A
Key characteristics
| MXWS.L | VUAA.L | |
|---|---|---|
| Sharpe Ratio | 2.45 | 2.73 |
| Sortino Ratio | 3.45 | 3.77 |
| Omega Ratio | 1.47 | 1.51 |
| Calmar Ratio | 4.03 | 4.11 |
| Martin Ratio | 17.92 | 17.67 |
| Ulcer Index | 1.38% | 1.79% |
| Daily Std Dev | 10.06% | 11.63% |
| Max Drawdown | -24.29% | -34.05% |
| Current Drawdown | -0.64% | -1.72% |
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MXWS.L vs. VUAA.L - Expense Ratio Comparison
MXWS.L has a 0.19% expense ratio, which is higher than VUAA.L's 0.07% expense ratio. However, 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 VUAA.L is 0.87, 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. VUAA.L - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Invesco MSCI World UCITS ETF (MXWS.L) and Vanguard S&P 500 UCITS ETF (VUAA.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. VUAA.L - Dividend Comparison
Neither MXWS.L nor VUAA.L has paid dividends to shareholders.
Drawdowns
MXWS.L vs. VUAA.L - Drawdown Comparison
The maximum MXWS.L drawdown since its inception was -24.29%, smaller than the maximum VUAA.L drawdown of -34.05%. Use the drawdown chart below to compare losses from any high point for MXWS.L and VUAA.L. For additional features, visit the drawdowns tool.
Volatility
MXWS.L vs. VUAA.L - Volatility Comparison
The current volatility for Invesco MSCI World UCITS ETF (MXWS.L) is 3.18%, while Vanguard S&P 500 UCITS ETF (VUAA.L) has a volatility of 4.13%. This indicates that MXWS.L experiences smaller price fluctuations and is considered to be less risky than VUAA.L based on this measure. The chart below showcases a comparison of their rolling one-month volatility.