PortfoliosLab logoPortfoliosLab logo

Documentation

Upgrade your plan
PSRW.L vs. PSWD.DE
Performance
Return for Risk
Drawdowns
Volatility
Dividends

PSRW.L vs. PSWD.DE

Last updated Jun 3, 2026

PSRW.L (Invesco FTSE RAFI All World 3000 UCITS ETF) and PSWD.DE (Invesco FTSE RAFI All World 3000 UCITS ETF) are both Global Equities funds from Invesco - PSRW.L tracks the MSCI ACWI Value NR USD while PSWD.DE tracks the FTSE RAFI All-World 3000. Both are passively managed. Over the past 10 years, PSRW.L returned 13.15%/yr vs 13.11%/yr for PSWD.DE. Their correlation of 0.83 suggests significant overlap in exposure. Both charge a 0.39% expense ratio.

Performance

PSRW.L vs. PSWD.DE - Performance Comparison

The chart below illustrates the hypothetical performance of a £10,000 investment in Invesco FTSE RAFI All World 3000 UCITS ETF (PSRW.L) and Invesco FTSE RAFI All World 3000 UCITS ETF (PSWD.DE). The values are adjusted to include any dividend payments, if applicable.

Loading charts...

Different Trading Currencies

PSRW.L is traded in GBp, while PSWD.DE is traded in EUR. To make them comparable, the PSWD.DE values have been converted to GBp using the latest available exchange rates.

Returns By Period

The year-to-date returns for both investments are quite close, with PSRW.L having a 15.60% return and PSWD.DE slightly higher at 15.64%. Both investments have delivered pretty close results over the past 10 years, with PSRW.L having a 13.15% annualized return and PSWD.DE not far behind at 13.11%.

PSRW.L

1D
0.68%
1M
5.66%
YTD
15.60%
6M
16.49%
1Y
37.59%
3Y*
19.30%
5Y*
13.56%
10Y*
13.15%

PSWD.DE

1D
0.52%
1M
6.33%
YTD
15.64%
6M
16.51%
1Y
37.56%
3Y*
19.38%
5Y*
13.55%
10Y*
13.11%
*Multi-year figures are annualized to reflect compound growth (CAGR)

PSRW.L vs. PSWD.DE - Yearly Performance Comparison

2026 (YTD)202520242023202220212020201920182017
PSRW.L
Invesco FTSE RAFI All World 3000 UCITS ETF		15.60%19.97%12.95%10.09%2.42%22.39%2.67%17.83%-7.86%9.35%
PSWD.DE
Invesco FTSE RAFI All World 3000 UCITS ETF		15.64%20.60%12.55%10.48%1.65%22.59%1.52%19.75%-8.33%10.12%

Correlation

The correlation between PSRW.L and PSWD.DE is 0.91, indicating a strong positive relationship between their price movements. Combining them offers limited diversification - they tend to fall together during downturns.

Correlation
Correlation (1Y)
Calculated over the trailing 1-year period

0.91

Correlation (3Y)
Calculated over the trailing 3-year period

0.91

Correlation (5Y)
Calculated over the trailing 5-year period

0.91

Correlation (10Y)
Calculated over the trailing 10-year period

0.86

Correlation (All Time)
Calculated using the full available price history since Sep 12, 2014

0.83

The correlation between PSRW.L and PSWD.DE has been stable across timeframes, ranging from 0.83 to 0.91 - a consistent structural relationship.

Compare stocks, funds, or ETFs

Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.

Invesco FTSE RAFI All World 3000 UCITS ETF

Invesco FTSE RAFI All World 3000 UCITS ETF

Often compared with PSRW.L:
PSRW.L vs. ACWIPSRW.L vs. VWRL.LPSRW.L vs. LDCU.LPSRW.L vs. EXUS.LPSRW.L vs. XDEQ.LPSRW.L vs. VTPSRW.L vs. IQDG
Often compared with PSWD.DE:
PSWD.DE vs. 6PSA.DEPSWD.DE vs. CIBRPSWD.DE vs. VHGEXPSWD.DE vs. IDEVPSWD.DE vs. FXAIXPSWD.DE vs. SCHGPSWD.DE vs. VIG

Return for Risk

PSRW.L vs. PSWD.DE — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.
PSRW.L
PSRW.L Risk / Return Rank: 9393
Overall Rank
PSRW.L Sharpe Ratio Rank: 9595
Sharpe Ratio Rank
PSRW.L Sortino Ratio Rank: 9595
Sortino Ratio Rank
PSRW.L Omega Ratio Rank: 9595
Omega Ratio Rank
PSRW.L Calmar Ratio Rank: 9090
Calmar Ratio Rank
PSRW.L Martin Ratio Rank: 9090
Martin Ratio Rank
PSWD.DE
PSWD.DE Risk / Return Rank: 9191
Overall Rank
PSWD.DE Sharpe Ratio Rank: 9191
Sharpe Ratio Rank
PSWD.DE Sortino Ratio Rank: 9191
Sortino Ratio Rank
PSWD.DE Omega Ratio Rank: 9191
Omega Ratio Rank
PSWD.DE Calmar Ratio Rank: 9090
Calmar Ratio Rank
PSWD.DE Martin Ratio Rank: 9191
Martin Ratio Rank
The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

PSRW.L vs. PSWD.DE - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Invesco FTSE RAFI All World 3000 UCITS ETF (PSRW.L) and Invesco FTSE RAFI All World 3000 UCITS ETF (PSWD.DE). 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.

PSRW.LPSWD.DEDifference

Sharpe ratio

Return per unit of total volatility

3.92

3.73

+0.19

Sortino ratio

Return per unit of downside risk

5.20

4.83

+0.36

Omega ratio

Gain probability vs. loss probability

1.75

1.70

+0.05

Calmar ratio

Return relative to maximum drawdown

5.56

5.56

+0.01

Martin ratio

Return relative to average drawdown

21.48

22.12

-0.64

Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

PSRW.L vs. PSWD.DE - Sharpe Ratio Comparison

The current PSRW.L Sharpe Ratio is 3.92, which is comparable to the PSWD.DE Sharpe Ratio of 3.73. The chart below compares the historical Sharpe Ratios of PSRW.L and PSWD.DE, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Loading charts...

Sharpe Ratios by Period

PSRW.LPSWD.DEDifference

Sharpe Ratio (1Y)

Calculated over the trailing 1-year period

3.92

3.73

+0.19

Sharpe Ratio (5Y)

Calculated over the trailing 5-year period

1.11

1.06

+0.06

Sharpe Ratio (10Y)

Calculated over the trailing 10-year period

0.91

0.91

+0.01

Sharpe Ratio (All Time)

Calculated using the full available price history

0.58

0.78

-0.19

Drawdowns

PSRW.L vs. PSWD.DE - Drawdown Comparison

The maximum PSRW.L drawdown since its inception was -49.85%, which is greater than PSWD.DE's maximum drawdown of -29.72%. Use the drawdown chart below to compare losses from any high point for PSRW.L and PSWD.DE.

Loading charts...

Drawdown Indicators

PSRW.LPSWD.DEDifference

Max Drawdown

Largest peak-to-trough decline

-49.85%

-29.72%

-20.13%

Max Drawdown (1Y)

Largest decline over 1 year

-6.60%

-6.73%

+0.13%

Max Drawdown (3Y)

Largest decline over 3 years

-14.23%

-15.68%

+1.45%

Max Drawdown (5Y)

Largest decline over 5 years

-14.23%

-15.68%

+1.45%

Max Drawdown (10Y)

Largest decline over 10 years

-29.05%

-29.72%

+0.67%

Current Drawdown

Current decline from peak

0.00%

0.00%

0.00%

Average Drawdown

Average peak-to-trough decline

-4.34%

-3.67%

-0.67%

Ulcer Index

Depth and duration of drawdowns from previous peaks

1.71%

1.69%

+0.02%

Volatility

PSRW.L vs. PSWD.DE - Volatility Comparison

The current volatility for Invesco FTSE RAFI All World 3000 UCITS ETF (PSRW.L) is 2.70%, while Invesco FTSE RAFI All World 3000 UCITS ETF (PSWD.DE) has a volatility of 3.26%. This indicates that PSRW.L experiences smaller price fluctuations and is considered to be less risky than PSWD.DE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Loading charts...

Volatility by Period

PSRW.LPSWD.DEDifference

Volatility (1M)

Calculated over the trailing 1-month period

2.70%

3.26%

-0.56%

Volatility (6M)

Calculated over the trailing 6-month period

7.15%

7.69%

-0.54%

Volatility (1Y)

Calculated over the trailing 1-year period

9.55%

10.04%

-0.49%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

12.16%

12.67%

-0.51%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

14.40%

14.75%

-0.35%

PSRW.L vs. PSWD.DE - Expense Ratio Comparison

Both PSRW.L and PSWD.DE have an expense ratio of 0.39%.

Dividends

PSRW.L vs. PSWD.DE - Dividend Comparison

PSRW.L's dividend yield for the trailing twelve months is around 1.74%, which matches PSWD.DE's 1.75% yield.

PositionTTM20252024202320222021202020192018201720162015
PSRW.L
Invesco FTSE RAFI All World 3000 UCITS ETF		1.74%2.00%2.29%2.46%2.58%1.96%1.99%2.45%2.52%2.03%1.93%2.00%
PSWD.DE
Invesco FTSE RAFI All World 3000 UCITS ETF		1.75%2.03%2.27%2.48%2.66%1.92%1.98%2.37%2.56%2.06%1.97%2.02%

Frequently Asked Questions

With a correlation of 0.91, PSRW.L and PSWD.DE move almost identically. Holding both adds very little diversification - you're essentially doubling your position in the same market segment. Choosing one is usually more capital-efficient.

Both ETFs have the same 0.39% expense ratio. The better choice depends on whether you care most about return, fees, risk, or income.

PSRW.L and PSWD.DE have the same expense ratio: 0.39% per year.

PSRW.L tracks MSCI ACWI Value NR USD, while PSWD.DE tracks FTSE RAFI All-World 3000.

Portfolio Optimizer

Find the right allocation for PSRW.L and PSWD.DE

Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.

Open Portfolio Optimizer