RTWP.L vs. R1GB.L
RTWP.L (L&G Russell 2000 US Small Cap UCITS ETF) and R1GB.L (iShares Russell 1000 Growth UCITS ETF USD Acc) are both exchange-traded funds - RTWP.L is a Small Cap Blend Equities fund tracking the Russell 2000 TR USD, while R1GB.L is a Large Cap Growth Equities fund tracking the Russell 1000 Growth UCITS 30/18 Capped Net Tax 15% Index. Both are passively managed. Over the past year, RTWP.L returned 36.63% vs 26.52% for R1GB.L. A 0.58 correlation means they provide meaningful diversification when combined. RTWP.L charges 0.30%/yr vs 0.18%/yr for R1GB.L.
Performance
RTWP.L vs. R1GB.L - Performance Comparison
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Different Trading Currencies
RTWP.L is traded in GBp, while R1GB.L is traded in GBP. To make them comparable, the R1GB.L values have been converted to GBp using the latest available exchange rates.
Returns By Period
In the year-to-date period, RTWP.L achieves a 16.93% return, which is significantly higher than R1GB.L's 6.65% return.
RTWP.L
- 1D
- 1.41%
- 1M
- 4.16%
- YTD
- 16.93%
- 6M
- 15.64%
- 1Y
- 36.63%
- 3Y*
- 14.81%
- 5Y*
- 8.43%
- 10Y*
- 12.05%
R1GB.L
- 1D
- -0.19%
- 1M
- 6.28%
- YTD
- 6.65%
- 6M
- 6.01%
- 1Y
- 26.52%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
RTWP.L vs. R1GB.L - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | |
|---|---|---|---|
RTWP.L L&G Russell 2000 US Small Cap UCITS ETF | 16.93% | 3.61% | 11.72% |
R1GB.L iShares Russell 1000 Growth UCITS ETF USD Acc | 6.65% | 9.47% | -13.92% |
Correlation
The correlation between RTWP.L and R1GB.L is 0.55, 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 | 0.55 |
Correlation (All Time) Calculated using the full available price history since Jul 9, 2024 | 0.58 |
The correlation between RTWP.L and R1GB.L has been stable across timeframes, ranging from 0.55 to 0.58 - a consistent structural relationship.
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Return for Risk
RTWP.L vs. R1GB.L — Risk / Return Rank
RTWP.L
R1GB.L
RTWP.L vs. R1GB.L - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for L&G Russell 2000 US Small Cap UCITS ETF (RTWP.L) and iShares Russell 1000 Growth UCITS ETF USD Acc (R1GB.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.
| RTWP.L | R1GB.L | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.52 | ||
| Sortino ratioReturn per unit of downside risk | +0.68 | ||
| Omega ratioGain probability vs. loss probability | 1.39 | 1.32 | +0.07 |
| Calmar ratioReturn relative to maximum drawdown | 4.93 | 1.68 | +3.25 |
| Martin ratioReturn relative to average drawdown | 14.84 | 4.64 | +10.20 |
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
| RTWP.L | R1GB.L | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 2.34 | 1.82 | +0.52 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.44 | — | — |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.59 | — | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.70 | 0.01 | +0.69 |
Drawdowns
RTWP.L vs. R1GB.L - Drawdown Comparison
The maximum RTWP.L drawdown since its inception was -35.32%, which is greater than R1GB.L's maximum drawdown of -33.43%. Use the drawdown chart below to compare losses from any high point for RTWP.L and R1GB.L.
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Drawdown Indicators
| RTWP.L | R1GB.L | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -35.32% | -33.43% | -1.89% |
Max Drawdown (1Y)Largest decline over 1 year | -7.40% | -15.75% | +8.35% |
Max Drawdown (3Y)Largest decline over 3 years | -28.77% | — | — |
Max Drawdown (5Y)Largest decline over 5 years | -28.77% | — | — |
Max Drawdown (10Y)Largest decline over 10 years | -35.32% | — | — |
Current DrawdownCurrent decline from peak | 0.00% | -1.23% | +1.23% |
Average DrawdownAverage peak-to-trough decline | -7.05% | -15.36% | +8.31% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.46% | 5.70% | -3.24% |
Volatility
RTWP.L vs. R1GB.L - Volatility Comparison
L&G Russell 2000 US Small Cap UCITS ETF (RTWP.L) has a higher volatility of 4.55% compared to iShares Russell 1000 Growth UCITS ETF USD Acc (R1GB.L) at 3.68%. This indicates that RTWP.L's price experiences larger fluctuations and is considered to be riskier than R1GB.L based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| RTWP.L | R1GB.L | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 4.55% | 3.68% | +0.87% |
Volatility (6M)Calculated over the trailing 6-month period | 10.96% | 10.12% | +0.84% |
Volatility (1Y)Calculated over the trailing 1-year period | 15.61% | 14.51% | +1.10% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 19.25% | 24.56% | -5.31% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 20.40% | 24.56% | -4.16% |
RTWP.L vs. R1GB.L - Expense Ratio Comparison
RTWP.L has a 0.30% expense ratio, which is higher than R1GB.L's 0.18% expense ratio.
Dividends
RTWP.L vs. R1GB.L - Dividend Comparison
Neither RTWP.L nor R1GB.L has paid dividends to shareholders.
Frequently Asked Questions
RTWP.L and R1GB.L have a correlation of 0.55, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, R1GB.L is cheaper at 0.18% per year. The better choice depends on whether you care most about return, fees, risk, or income.
R1GB.L is cheaper with a 0.18% expense ratio, compared with 0.30% for RTWP.L.
RTWP.L is categorized as Small Cap Blend Equities, while R1GB.L is Large Cap Growth Equities. RTWP.L tracks Russell 2000 TR USD, while R1GB.L tracks Russell 1000 Growth UCITS 30/18 Capped Net Tax 15% Index. They also come from different issuers: Legal & General and iShares. Their fees differ too: 0.30% for RTWP.L and 0.18% for R1GB.L.
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