QUID.L vs. WRDA.L
QUID.L (PIMCO Sterling Short Maturity UCITS ETF) and WRDA.L (UBS Core MSCI World UCITS ETF USD Acc) are both Global Equities funds - QUID.L tracks the PIMCO Sterling Short Maturity UCITS ETF while WRDA.L tracks the MSCI World Index. Both are passively managed. Over the past year, QUID.L returned 4.36% vs 22.06% for WRDA.L. At a 0.10 correlation, their price movements are largely independent.
Performance
QUID.L vs. WRDA.L - Performance Comparison
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Different Trading Currencies
QUID.L is traded in GBP, while WRDA.L is traded in GBp. To make them comparable, the WRDA.L values have been converted to GBP using the latest available exchange rates.
Returns By Period
In the year-to-date period, QUID.L achieves a 2.18% return, which is significantly lower than WRDA.L's 10.72% return.
QUID.L
- 1D
- 0.10%
- 1M
- 0.36%
- 6M
- 1.97%
- YTD
- 2.18%
- 1Y
- 4.36%
- 3Y*
- 5.10%
- 5Y*
- 3.28%
- 10Y*
- 2.00%
WRDA.L
- 1D
- 0.00%
- 1M
- 0.47%
- 6M
- 9.40%
- YTD
- 10.72%
- 1Y
- 22.06%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
QUID.L vs. WRDA.L - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | |
|---|---|---|---|
QUID.L PIMCO Sterling Short Maturity UCITS ETF | 2.18% | 4.89% | 5.14% |
WRDA.L UBS Core MSCI World UCITS ETF USD Acc | 10.72% | 12.77% | 20.02% |
Correlation
The correlation between QUID.L and WRDA.L is 0.08, meaning there is essentially no relationship between their price movements. Each responds to its own set of market drivers, making them strong candidates for combining in a diversified portfolio.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.08 |
Correlation (All Time) Calculated using the full available price history since Feb 1, 2024 | 0.10 |
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Return for Risk
QUID.L vs. WRDA.L — Risk / Return Rank
QUID.L
WRDA.L
QUID.L vs. WRDA.L - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for PIMCO Sterling Short Maturity UCITS ETF (QUID.L) and UBS Core MSCI World UCITS ETF USD Acc (WRDA.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.
| QUID.L | WRDA.L | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +5.49 | ||
| Sortino ratioReturn per unit of downside risk | +9.69 | ||
| Omega ratioGain probability vs. loss probability | 2.80 | 1.37 | +1.42 |
| Calmar ratioReturn relative to maximum drawdown | 9.83 | 0.81 | +9.02 |
| Martin ratioReturn relative to average drawdown | 78.74 | 1.18 | +77.56 |
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Drawdowns
QUID.L vs. WRDA.L - Drawdown Comparison
The maximum QUID.L drawdown since its inception was -2.47%, smaller than the maximum WRDA.L drawdown of -27.39%. Use the drawdown chart below to compare losses from any high point for QUID.L and WRDA.L.
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Drawdown Indicators
| QUID.L | WRDA.L | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -2.47% | -27.39% | +24.92% |
Max Drawdown (1Y)Largest decline over 1 year | -0.45% | -27.39% | +26.94% |
Max Drawdown (3Y)Largest decline over 3 years | -0.45% | — | — |
Max Drawdown (5Y)Largest decline over 5 years | -2.47% | — | — |
Max Drawdown (10Y)Largest decline over 10 years | -2.47% | — | — |
Current DrawdownCurrent decline from peak | 0.00% | -15.98% | +15.98% |
Average DrawdownAverage peak-to-trough decline | -0.21% | -8.18% | +7.97% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 0.06% | 18.75% | -18.69% |
Volatility
QUID.L vs. WRDA.L - Volatility Comparison
The current volatility for PIMCO Sterling Short Maturity UCITS ETF (QUID.L) is 0.19%, while UBS Core MSCI World UCITS ETF USD Acc (WRDA.L) has a volatility of 2.72%. This indicates that QUID.L experiences smaller price fluctuations and is considered to be less risky than WRDA.L based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| QUID.L | WRDA.L | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 0.19% | 2.72% | -2.53% |
Volatility (6M)Calculated over the trailing 6-month period | 0.64% | 7.90% | -7.26% |
Volatility (1Y)Calculated over the trailing 1-year period | 0.74% | 43.22% | -42.48% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 0.74% | 29.46% | -28.72% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 0.62% | 29.46% | -28.84% |
Dividends
QUID.L vs. WRDA.L - Dividend Comparison
QUID.L's dividend yield for the trailing twelve months is around 4.17%, while WRDA.L has not paid dividends to shareholders.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
QUID.L PIMCO Sterling Short Maturity UCITS ETF | 4.17% | 4.19% | 4.67% | 3.69% | 0.66% | 0.08% | 0.31% | 0.73% | 0.52% | 0.33% | 0.59% | 0.55% |
WRDA.L UBS 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
QUID.L and WRDA.L have a correlation of 0.08, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
QUID.L tracks PIMCO Sterling Short Maturity UCITS ETF, while WRDA.L tracks MSCI World Index. They also come from different issuers: PIMCO and UBS.
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