NTSG.DE vs. IWMO.L
NTSG.DE (WisdomTree Global Efficient Core UCITS ETF USD Accumulating) and IWMO.L (iShares Edge MSCI World Momentum Factor UCITS ETF USD (Acc)) are both exchange-traded funds - NTSG.DE is a Global Allocation fund tracking the WisdomTree Global Efficient Core Index, while IWMO.L is a Momentum fund tracking the MSCI World Momentum Index. Both are passively managed. Over the past year, NTSG.DE returned 20.71% vs 31.62% for IWMO.L. A 0.71 correlation means they provide meaningful diversification when combined. Both charge a 0.25% expense ratio.
Performance
NTSG.DE vs. IWMO.L - Performance Comparison
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Different Trading Currencies
NTSG.DE is traded in EUR, while IWMO.L is traded in USD. To make them comparable, the IWMO.L values have been converted to EUR using the latest available exchange rates.
Returns By Period
In the year-to-date period, NTSG.DE achieves a 8.92% return, which is significantly lower than IWMO.L's 23.28% return.
NTSG.DE
- 1D
- 0.04%
- 1M
- 5.20%
- YTD
- 8.92%
- 6M
- 7.87%
- 1Y
- 20.71%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
IWMO.L
- 1D
- -0.91%
- 1M
- 8.64%
- YTD
- 23.28%
- 6M
- 23.71%
- 1Y
- 31.62%
- 3Y*
- 26.13%
- 5Y*
- 14.68%
- 10Y*
- 15.32%
NTSG.DE vs. IWMO.L - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | |
|---|---|---|---|
NTSG.DE WisdomTree Global Efficient Core UCITS ETF USD Accumulating | 8.92% | 8.14% | 0.20% |
IWMO.L iShares Edge MSCI World Momentum Factor UCITS ETF USD (Acc) | 23.28% | 6.67% | 1.64% |
Correlation
The correlation between NTSG.DE and IWMO.L is 0.64, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.64 |
Correlation (All Time) Calculated using the full available price history since Nov 13, 2024 | 0.71 |
The correlation between NTSG.DE and IWMO.L has been stable across timeframes, ranging from 0.64 to 0.71 - a consistent structural relationship.
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Return for Risk
NTSG.DE vs. IWMO.L — Risk / Return Rank
NTSG.DE
IWMO.L
NTSG.DE vs. IWMO.L - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for WisdomTree Global Efficient Core UCITS ETF USD Accumulating (NTSG.DE) and iShares Edge MSCI World Momentum Factor UCITS ETF USD (Acc) (IWMO.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.
| NTSG.DE | IWMO.L | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.09 | ||
| Sortino ratioReturn per unit of downside risk | -0.10 | ||
| Omega ratioGain probability vs. loss probability | 1.34 | 1.33 | +0.01 |
| Calmar ratioReturn relative to maximum drawdown | 3.29 | 3.33 | -0.04 |
| Martin ratioReturn relative to average drawdown | 11.64 | 13.02 | -1.37 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| NTSG.DE | IWMO.L | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.86 | 1.77 | +0.09 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | — | 0.82 | — |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | — | 0.85 | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.79 | 0.82 | -0.03 |
Drawdowns
NTSG.DE vs. IWMO.L - Drawdown Comparison
The maximum NTSG.DE drawdown since its inception was -19.64%, smaller than the maximum IWMO.L drawdown of -31.00%. Use the drawdown chart below to compare losses from any high point for NTSG.DE and IWMO.L.
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Drawdown Indicators
| NTSG.DE | IWMO.L | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -19.64% | -31.00% | +11.36% |
Max Drawdown (1Y)Largest decline over 1 year | -6.26% | -9.46% | +3.20% |
Max Drawdown (3Y)Largest decline over 3 years | — | -22.71% | — |
Max Drawdown (5Y)Largest decline over 5 years | — | -22.71% | — |
Max Drawdown (10Y)Largest decline over 10 years | — | -31.00% | — |
Current DrawdownCurrent decline from peak | -0.09% | -0.91% | +0.82% |
Average DrawdownAverage peak-to-trough decline | -3.69% | -5.69% | +2.00% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.77% | 2.42% | -0.65% |
Volatility
NTSG.DE vs. IWMO.L - Volatility Comparison
The current volatility for WisdomTree Global Efficient Core UCITS ETF USD Accumulating (NTSG.DE) is 3.24%, while iShares Edge MSCI World Momentum Factor UCITS ETF USD (Acc) (IWMO.L) has a volatility of 6.14%. This indicates that NTSG.DE experiences smaller price fluctuations and is considered to be less risky than IWMO.L based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| NTSG.DE | IWMO.L | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 3.24% | 6.14% | -2.90% |
Volatility (6M)Calculated over the trailing 6-month period | 8.09% | 15.12% | -7.03% |
Volatility (1Y)Calculated over the trailing 1-year period | 11.12% | 17.78% | -6.66% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 14.30% | 17.95% | -3.65% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 14.30% | 17.99% | -3.69% |
NTSG.DE vs. IWMO.L - Expense Ratio Comparison
Both NTSG.DE and IWMO.L have an expense ratio of 0.25%, making them cost-effective options compared to the broader market, where average expense ratios typically range from 0.3% to 0.9%.
Dividends
NTSG.DE vs. IWMO.L - Dividend Comparison
Neither NTSG.DE nor IWMO.L has paid dividends to shareholders.
Frequently Asked Questions
NTSG.DE and IWMO.L have a correlation of 0.64, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
Both ETFs have the same 0.25% expense ratio. The better choice depends on whether you care most about return, fees, risk, or income.
NTSG.DE and IWMO.L have the same expense ratio: 0.25% per year.
NTSG.DE is categorized as Global Allocation, while IWMO.L is Momentum. NTSG.DE tracks WisdomTree Global Efficient Core Index, while IWMO.L tracks MSCI World Momentum Index. They also come from different issuers: WisdomTree and iShares.
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