SGWS.L vs. WMVG.L
SGWS.L (iShares MSCI World SRI UCITS ETF GBP Hedged (Dist)) and WMVG.L (iShares Edge MSCI World Minimum Volatility UCITS ETF GBP Hedged (Acc)) are both Global Equities funds from iShares - SGWS.L tracks the MSCI World SRI Select Reduced Fossil Fuel Index while WMVG.L tracks the MSCI World Minimum Volatility. Both are passively managed. Over the past 5 years, SGWS.L returned 9.69%/yr vs 6.08%/yr for WMVG.L. A 0.69 correlation means they provide meaningful diversification when combined. SGWS.L charges 0.23%/yr vs 0.35%/yr for WMVG.L.
Performance
SGWS.L vs. WMVG.L - Performance Comparison
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Returns By Period
In the year-to-date period, SGWS.L achieves a 10.87% return, which is significantly higher than WMVG.L's 3.90% return.
SGWS.L
- 1D
- -1.10%
- 1M
- -1.67%
- 6M
- 7.19%
- YTD
- 10.87%
- 1Y
- 19.03%
- 3Y*
- 14.15%
- 5Y*
- 9.69%
- 10Y*
- —
WMVG.L
- 1D
- 0.73%
- 1M
- 2.48%
- 6M
- 3.77%
- YTD
- 3.90%
- 1Y
- 6.45%
- 3Y*
- 10.23%
- 5Y*
- 6.08%
- 10Y*
- —
SGWS.L vs. WMVG.L - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | |
|---|---|---|---|---|---|---|---|
SGWS.L iShares MSCI World SRI UCITS ETF GBP Hedged (Dist) | 10.87% | 12.73% | 13.86% | 24.27% | -20.28% | 28.51% | 7.96% |
WMVG.L iShares Edge MSCI World Minimum Volatility UCITS ETF GBP Hedged (Acc) | 3.90% | 9.07% | 14.47% | 7.36% | -8.31% | 16.96% | 1.16% |
Correlation
The correlation between SGWS.L and WMVG.L is 0.30, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.30 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.52 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.67 |
Correlation (All Time) Calculated using the full available price history since Oct 15, 2020 | 0.69 |
Over the past year, the correlation between SGWS.L and WMVG.L has dropped to 0.30 - well below their long-term average of 0.69, suggesting their price drivers have been diverging.
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Return for Risk
SGWS.L vs. WMVG.L — Risk / Return Rank
SGWS.L
WMVG.L
SGWS.L vs. WMVG.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 Minimum Volatility UCITS ETF GBP Hedged (Acc) (WMVG.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 | WMVG.L | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.55 | ||
| Sortino ratioReturn per unit of downside risk | +0.86 | ||
| Omega ratioGain probability vs. loss probability | 1.26 | 1.16 | +0.10 |
| Calmar ratioReturn relative to maximum drawdown | 2.19 | 1.30 | +0.89 |
| Martin ratioReturn relative to average drawdown | 8.49 | 2.95 | +5.54 |
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Drawdowns
SGWS.L vs. WMVG.L - Drawdown Comparison
The maximum SGWS.L drawdown since its inception was -25.65%, smaller than the maximum WMVG.L drawdown of -28.25%. Use the drawdown chart below to compare losses from any high point for SGWS.L and WMVG.L.
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Drawdown Indicators
| SGWS.L | WMVG.L | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -25.65% | -28.25% | +2.60% |
Max Drawdown (1Y)Largest decline over 1 year | -8.63% | -4.93% | -3.70% |
Max Drawdown (3Y)Largest decline over 3 years | -17.92% | -9.07% | -8.85% |
Max Drawdown (5Y)Largest decline over 5 years | -25.65% | -15.18% | -10.47% |
Current DrawdownCurrent decline from peak | -2.39% | -0.72% | -1.67% |
Average DrawdownAverage peak-to-trough decline | -5.69% | -4.08% | -1.61% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.23% | 2.18% | +0.05% |
Volatility
SGWS.L vs. WMVG.L - Volatility Comparison
iShares MSCI World SRI UCITS ETF GBP Hedged (Dist) (SGWS.L) has a higher volatility of 4.16% compared to iShares Edge MSCI World Minimum Volatility UCITS ETF GBP Hedged (Acc) (WMVG.L) at 2.20%. This indicates that SGWS.L's price experiences larger fluctuations and is considered to be riskier than WMVG.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 | WMVG.L | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 4.16% | 2.20% | +1.96% |
Volatility (6M)Calculated over the trailing 6-month period | 10.88% | 5.51% | +5.37% |
Volatility (1Y)Calculated over the trailing 1-year period | 13.40% | 7.45% | +5.95% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 15.49% | 10.00% | +5.49% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 15.20% | 12.09% | +3.11% |
SGWS.L vs. WMVG.L - Expense Ratio Comparison
SGWS.L has a 0.23% expense ratio, which is lower than WMVG.L's 0.35% expense ratio.
Dividends
SGWS.L vs. WMVG.L - Dividend Comparison
SGWS.L's dividend yield for the trailing twelve months is around 1.17%, while WMVG.L has not paid dividends to shareholders.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 |
|---|---|---|---|---|---|---|---|
SGWS.L iShares MSCI World SRI UCITS ETF GBP Hedged (Dist) | 1.17% | 1.16% | 1.36% | 1.47% | 1.75% | 1.16% | 0.10% |
WMVG.L iShares Edge MSCI World Minimum Volatility UCITS ETF GBP Hedged (Acc) | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Frequently Asked Questions
SGWS.L and WMVG.L have a correlation of 0.30, 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 0.35% for WMVG.L.
SGWS.L tracks MSCI World SRI Select Reduced Fossil Fuel Index, while WMVG.L tracks MSCI World Minimum Volatility. Their fees differ too: 0.23% for SGWS.L and 0.35% for WMVG.L.
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