NESF.L vs. SWDA.L
Compare and contrast key facts about NextEnergy Solar Fund Ltd (NESF.L) and iShares Core MSCI World UCITS ETF USD (Acc) (SWDA.L).
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.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: NESF.L or SWDA.L.
Key characteristics
| NESF.L | SWDA.L | |
|---|---|---|
| YTD Return | -11.30% | 19.89% |
| 1Y Return | -1.35% | 26.91% |
| 3Y Return (Ann) | -1.18% | 8.90% |
| 5Y Return (Ann) | -2.06% | 12.66% |
| 10Y Return (Ann) | 1.90% | 12.43% |
| Sharpe Ratio | -0.09 | 2.61 |
| Sortino Ratio | 0.00 | 3.66 |
| Omega Ratio | 1.00 | 1.50 |
| Calmar Ratio | -0.05 | 4.34 |
| Martin Ratio | -0.13 | 19.14 |
| Ulcer Index | 12.25% | 1.38% |
| Daily Std Dev | 17.90% | 10.07% |
| Max Drawdown | -34.88% | -25.58% |
| Current Drawdown | -26.14% | 0.00% |
Correlation
The correlation between NESF.L and SWDA.L is 0.31, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.
Performance
NESF.L vs. SWDA.L - Performance Comparison
In the year-to-date period, NESF.L achieves a -11.30% return, which is significantly lower than SWDA.L's 19.89% return. Over the past 10 years, NESF.L has underperformed SWDA.L with an annualized return of 1.90%, while SWDA.L has yielded a comparatively higher 12.43% annualized 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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Risk-Adjusted Performance
NESF.L vs. SWDA.L - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for NextEnergy Solar Fund Ltd (NESF.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
NESF.L vs. SWDA.L - Dividend Comparison
NESF.L's dividend yield for the trailing twelve months is around 11.07%, while SWDA.L has not paid dividends to shareholders.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
NESF.L NextEnergy Solar Fund Ltd | 11.07% | 8.58% | 6.60% | 6.99% | 6.53% | 5.45% | 5.69% | 146.26% | 582.83% | 550.24% | 253.01% |
SWDA.L iShares Core MSCI World UCITS ETF USD (Acc) | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Drawdowns
NESF.L vs. SWDA.L - Drawdown Comparison
The maximum NESF.L drawdown since its inception was -34.88%, which is greater than SWDA.L's maximum drawdown of -25.58%. Use the drawdown chart below to compare losses from any high point for NESF.L and SWDA.L. For additional features, visit the drawdowns tool.
Volatility
NESF.L vs. SWDA.L - Volatility Comparison
NextEnergy Solar Fund Ltd (NESF.L) has a higher volatility of 6.22% compared to iShares Core MSCI World UCITS ETF USD (Acc) (SWDA.L) at 2.91%. This indicates that NESF.L's price experiences larger fluctuations and is considered to be riskier than SWDA.L based on this measure. The chart below showcases a comparison of their rolling one-month volatility.