SGWS.L vs. IWVG.L
SGWS.L (iShares MSCI World SRI UCITS ETF GBP Hedged (Dist)) and IWVG.L (iShares Edge MSCI World Value Factor UCITS ETF USD (Dist)) are both Global Equities funds from iShares - SGWS.L tracks the iShares MSCI World SRI UCITS ETF GBP Hedged (Dist) while IWVG.L tracks the MSCI ACWI Value NR USD. Both are passively managed. Over the past 5 years, SGWS.L returned 9.85%/yr vs 16.93%/yr for IWVG.L. A 0.70 correlation means they provide meaningful diversification when combined. SGWS.L charges 0.23%/yr vs 0.30%/yr for IWVG.L.
Performance
SGWS.L vs. IWVG.L - Performance Comparison
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Returns By Period
In the year-to-date period, SGWS.L achieves a 11.67% return, which is significantly lower than IWVG.L's 28.47% return.
SGWS.L
- 1D
- -0.28%
- 1M
- -0.65%
- 6M
- 8.99%
- YTD
- 11.67%
- 1Y
- 20.35%
- 3Y*
- 14.60%
- 5Y*
- 9.85%
- 10Y*
- —
IWVG.L
- 1D
- -2.49%
- 1M
- -4.98%
- 6M
- 24.42%
- YTD
- 28.47%
- 1Y
- 54.93%
- 3Y*
- 25.26%
- 5Y*
- 16.93%
- 10Y*
- —
SGWS.L vs. IWVG.L - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | |
|---|---|---|---|---|---|---|---|
SGWS.L iShares MSCI World SRI UCITS ETF GBP Hedged (Dist) | 11.67% | 12.73% | 13.86% | 24.27% | -20.28% | 28.51% | 7.96% |
IWVG.L iShares Edge MSCI World Value Factor UCITS ETF USD (Dist) | 28.47% | 31.27% | 6.58% | 13.08% | 1.04% | 21.24% | 9.28% |
Correlation
The correlation between SGWS.L and IWVG.L is 0.74, 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 | 0.74 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.71 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.71 |
Correlation (All Time) Calculated using the full available price history since Oct 15, 2020 | 0.70 |
The correlation between SGWS.L and IWVG.L has been stable across timeframes, ranging from 0.70 to 0.74 - a consistent structural relationship.
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Return for Risk
SGWS.L vs. IWVG.L — Risk / Return Rank
SGWS.L
IWVG.L
SGWS.L vs. IWVG.L - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for iShares MSCI World SRI UCITS ETF GBP Hedged (Dist) (SGWS.L) and iShares Edge MSCI World Value Factor UCITS ETF USD (Dist) (IWVG.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.
| SGWS.L | IWVG.L | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -2.07 | ||
| Sortino ratioReturn per unit of downside risk | -2.50 | ||
| Omega ratioGain probability vs. loss probability | 1.29 | 1.67 | -0.39 |
| Calmar ratioReturn relative to maximum drawdown | 2.46 | 7.82 | -5.36 |
| Martin ratioReturn relative to average drawdown | 9.53 | 25.39 | -15.86 |
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Drawdowns
SGWS.L vs. IWVG.L - Drawdown Comparison
The maximum SGWS.L drawdown since its inception was -25.65%, smaller than the maximum IWVG.L drawdown of -28.07%. Use the drawdown chart below to compare losses from any high point for SGWS.L and IWVG.L.
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Drawdown Indicators
| SGWS.L | IWVG.L | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -25.65% | -28.07% | +2.42% |
Max Drawdown (1Y)Largest decline over 1 year | -8.63% | -6.99% | -1.64% |
Max Drawdown (3Y)Largest decline over 3 years | -17.92% | -13.92% | -4.00% |
Max Drawdown (5Y)Largest decline over 5 years | -25.65% | -13.92% | -11.73% |
Current DrawdownCurrent decline from peak | -1.70% | -6.26% | +4.56% |
Average DrawdownAverage peak-to-trough decline | -5.69% | -4.29% | -1.40% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.23% | 2.16% | +0.07% |
Volatility
SGWS.L vs. IWVG.L - Volatility Comparison
The current volatility for iShares MSCI World SRI UCITS ETF GBP Hedged (Dist) (SGWS.L) is 4.02%, while iShares Edge MSCI World Value Factor UCITS ETF USD (Dist) (IWVG.L) has a volatility of 6.15%. This indicates that SGWS.L experiences smaller price fluctuations and is considered to be less risky than IWVG.L based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| SGWS.L | IWVG.L | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 4.02% | 6.15% | -2.13% |
Volatility (6M)Calculated over the trailing 6-month period | 10.83% | 13.11% | -2.28% |
Volatility (1Y)Calculated over the trailing 1-year period | 13.39% | 14.94% | -1.55% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 15.49% | 13.44% | +2.05% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 15.20% | 15.68% | -0.48% |
SGWS.L vs. IWVG.L - Expense Ratio Comparison
SGWS.L has a 0.23% expense ratio, which is lower than IWVG.L's 0.30% expense ratio.
Dividends
SGWS.L vs. IWVG.L - Dividend Comparison
SGWS.L's dividend yield for the trailing twelve months is around 1.16%, less than IWVG.L's 1.93% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 |
|---|---|---|---|---|---|---|---|---|---|
IWVG.L iShares Edge MSCI World Value Factor UCITS ETF USD (Dist) | 1.93% | 2.48% | 3.12% | 3.22% | 3.11% | 2.61% | 2.37% | 2.90% | 2.48% |
SGWS.L iShares MSCI World SRI UCITS ETF GBP Hedged (Dist) | 1.16% | 1.16% | 1.36% | 1.47% | 1.75% | 1.16% | 0.10% | 0.00% | 0.00% |
Frequently Asked Questions
SGWS.L and IWVG.L have a correlation of 0.74, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, SGWS.L is cheaper at 0.23% per year. The better choice depends on whether you care most about return, fees, risk, or income.
SGWS.L is cheaper with a 0.23% expense ratio, compared with 0.30% for IWVG.L.
SGWS.L tracks iShares MSCI World SRI UCITS ETF GBP Hedged (Dist), while IWVG.L tracks MSCI ACWI Value NR USD. Their fees differ too: 0.23% for SGWS.L and 0.30% for IWVG.L.
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