OEF vs. SWDA.L
OEF (iShares S&P 100 ETF) and SWDA.L (iShares Core MSCI World UCITS ETF USD (Acc)) are both exchange-traded funds - OEF is a Large Cap Blend Equities fund tracking the S&P 100 Index, while SWDA.L is a Global Equities fund tracking the MSCI World Index. Both are passively managed. Over the past 10 years, OEF returned 16.50%/yr vs 13.33%/yr for SWDA.L. A 0.61 correlation means they provide meaningful diversification when combined. Both charge a 0.20% expense ratio.
Performance
OEF vs. SWDA.L - Performance Comparison
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Different Trading Currencies
OEF is traded in USD, while SWDA.L is traded in GBp. To make them comparable, the SWDA.L values have been converted to USD using the latest available exchange rates.
Returns By Period
In the year-to-date period, OEF achieves a 6.55% return, which is significantly lower than SWDA.L's 8.34% return. Over the past 10 years, OEF has outperformed SWDA.L with an annualized return of 16.50%, while SWDA.L has yielded a comparatively lower 13.33% annualized return.
OEF
- 1D
- 0.24%
- 1M
- -1.34%
- YTD
- 6.55%
- 6M
- 7.16%
- 1Y
- 25.69%
- 3Y*
- 22.62%
- 5Y*
- 14.89%
- 10Y*
- 16.50%
SWDA.L
- 1D
- 1.39%
- 1M
- 0.96%
- YTD
- 8.34%
- 6M
- 9.57%
- 1Y
- 23.98%
- 3Y*
- 19.46%
- 5Y*
- 11.45%
- 10Y*
- 13.33%
OEF vs. SWDA.L - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
OEF iShares S&P 100 ETF | 6.55% | 19.80% | 30.74% | 32.71% | -21.03% | 29.18% | 21.21% | 31.87% | -4.16% | 21.82% |
SWDA.L iShares Core MSCI World UCITS ETF USD (Acc) | 8.34% | 21.14% | 19.09% | 23.79% | -18.13% | 22.52% | 15.68% | 27.97% | -9.23% | 22.42% |
Correlation
The correlation between OEF and SWDA.L is 0.72, 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 | 0.72 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.62 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.64 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.61 |
Correlation (All Time) Calculated using the full available price history since Sep 25, 2009 | 0.61 |
The correlation between OEF and SWDA.L shifts across timeframes, from 0.61 (10 years) to 0.72 (1 year), reflecting how their relationship changes across market environments.
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Return for Risk
OEF vs. SWDA.L — Risk / Return Rank
OEF
SWDA.L
OEF vs. SWDA.L - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for iShares S&P 100 ETF (OEF) 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.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| OEF | SWDA.L | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.13 | ||
| Sortino ratioReturn per unit of downside risk | -0.43 | ||
| Omega ratioGain probability vs. loss probability | 1.33 | 1.35 | -0.02 |
| Calmar ratioReturn relative to maximum drawdown | 2.19 | 2.66 | -0.47 |
| Martin ratioReturn relative to average drawdown | 8.97 | 11.48 | -2.51 |
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Drawdowns
OEF vs. SWDA.L - Drawdown Comparison
The maximum OEF drawdown since its inception was -54.11%, which is greater than SWDA.L's maximum drawdown of -45.69%. Use the drawdown chart below to compare losses from any high point for OEF and SWDA.L.
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Drawdown Indicators
| OEF | SWDA.L | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -54.11% | -45.69% | -8.42% |
Max Drawdown (1Y)Largest decline over 1 year | -11.06% | -8.59% | -2.47% |
Max Drawdown (3Y)Largest decline over 3 years | -19.80% | -17.07% | -2.73% |
Max Drawdown (5Y)Largest decline over 5 years | -26.47% | -26.50% | +0.03% |
Max Drawdown (10Y)Largest decline over 10 years | -31.44% | -33.61% | +2.17% |
Current DrawdownCurrent decline from peak | -3.62% | -1.75% | -1.87% |
Average DrawdownAverage peak-to-trough decline | -11.75% | -11.21% | -0.54% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.69% | 2.00% | +0.69% |
Volatility
OEF vs. SWDA.L - Volatility Comparison
iShares S&P 100 ETF (OEF) has a higher volatility of 4.58% compared to iShares Core MSCI World UCITS ETF USD (Acc) (SWDA.L) at 3.28%. This indicates that OEF'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.
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Volatility by Period
| OEF | SWDA.L | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 4.58% | 3.28% | +1.30% |
Volatility (6M)Calculated over the trailing 6-month period | 10.24% | 8.94% | +1.30% |
Volatility (1Y)Calculated over the trailing 1-year period | 13.20% | 11.67% | +1.53% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 17.76% | 15.35% | +2.41% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 18.48% | 15.83% | +2.65% |
OEF vs. SWDA.L - Expense Ratio Comparison
Both OEF and SWDA.L have an expense ratio of 0.20%, making them cost-effective options compared to the broader market, where average expense ratios typically range from 0.3% to 0.9%.
Dividends
OEF vs. SWDA.L - Dividend Comparison
OEF's dividend yield for the trailing twelve months is around 0.86%, while SWDA.L has not paid dividends to shareholders.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
OEF iShares S&P 100 ETF | 0.86% | 0.81% | 1.03% | 1.19% | 1.55% | 1.06% | 1.43% | 1.87% | 2.09% | 1.81% | 2.07% | 2.11% |
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% | 0.00% |
Frequently Asked Questions
OEF and SWDA.L have a correlation of 0.72, 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 0.20% expense ratio. The better choice depends on whether you care most about return, fees, risk, or income.
OEF and SWDA.L have the same expense ratio: 0.20% per year.
OEF is categorized as Large Cap Blend Equities, while SWDA.L is Global Equities. OEF tracks S&P 100 Index, while SWDA.L tracks MSCI World Index.
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