SWDA.L vs. GGRP.L

Last updated Jun 14, 2026

SWDA.L (iShares Core MSCI World UCITS ETF USD (Acc)) and GGRP.L (WisdomTree Global Quality Dividend Growth UCITS ETF - USD) are both Global Equities funds - SWDA.L tracks the MSCI World Index while GGRP.L tracks the WisdomTree Global Developed Quality Dividend Growth. Both are passively managed. Over the past 5 years, SWDA.L returned 12.61%/yr vs 8.98%/yr for GGRP.L. Their correlation of 0.92 suggests significant overlap in exposure. SWDA.L charges 0.20%/yr vs 0.38%/yr for GGRP.L.

Performance

SWDA.L vs. GGRP.L - Performance Comparison

The chart below illustrates the hypothetical performance of a £10,000 investment in iShares Core MSCI World UCITS ETF USD (Acc) (SWDA.L) and WisdomTree Global Quality Dividend Growth UCITS ETF - USD (GGRP.L). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, SWDA.L achieves a 8.84% return, which is significantly higher than GGRP.L's 4.96% return.

SWDA.L

• 1D: 1.55%
• 1M: 0.30%
• YTD: 8.84%
• 6M: 9.32%
• 1Y: 25.52%
• 3Y*: 17.08%
• 5Y*: 12.61%
• 10Y*: 13.92%

GGRP.L

• 1D: 1.23%
• 1M: 1.31%
• YTD: 4.96%
• 6M: 5.26%
• 1Y: 17.19%
• 3Y*: 10.37%
• 5Y*: 8.98%
• 10Y*: —

*Multi-year figures are annualized to reflect compound growth (CAGR)

SWDA.L vs. GGRP.L - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
SWDA.L iShares Core MSCI World UCITS ETF USD (Acc)	8.84%	12.64%	21.11%	17.59%	-8.33%	23.64%	12.25%	23.03%	-3.78%	11.78%
GGRP.L WisdomTree Global Quality Dividend Growth UCITS ETF - USD	4.96%	8.49%	11.07%	11.60%	-3.21%	20.97%	11.56%	28.30%	-5.39%	17.37%

Correlation

The correlation between SWDA.L and GGRP.L is 0.83, 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	0.83
Correlation (3Y) Calculated over the trailing 3-year period	0.87
Correlation (5Y) Calculated over the trailing 5-year period	0.90
Correlation (All Time) Calculated using the full available price history since Nov 2, 2016	0.92

The correlation between SWDA.L and GGRP.L has been stable across timeframes, ranging from 0.83 to 0.92 - a consistent structural relationship.

SWDA.L vs. GGRP.L - Sectors Allocation Comparison

Sectors	SWDA.L	GGRP.L
Technology	32.1%	21.6%
Financial Services	14.9%	8.4%
Industrials	10.9%	18.8%
Consumer Cyclical	8.9%	15.4%
Communication Services	8.6%	8.6%
Healthcare	8.4%	15.7%
Consumer Defensive	4.8%	7.2%
Energy	4.0%	0.0%
Basic Materials	3.3%	3.7%
Utilities	2.4%	0.4%
Real Estate	1.7%	0.2%

Return for Risk

SWDA.L vs. GGRP.L — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

SWDA.L

SWDA.L Risk / Return Rank: 84
SWDA.L Sharpe Ratio Rank: 85
SWDA.L Sortino Ratio Rank: 85
SWDA.L Omega Ratio Rank: 85
SWDA.L Calmar Ratio Rank: 82
SWDA.L Martin Ratio Rank: 84

GGRP.L

GGRP.L Risk / Return Rank: 52
GGRP.L Sharpe Ratio Rank: 54
GGRP.L Sortino Ratio Rank: 57
GGRP.L Omega Ratio Rank: 55
GGRP.L Calmar Ratio Rank: 44
GGRP.L Martin Ratio Rank: 50

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.

SWDA.L vs. GGRP.L - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for iShares Core MSCI World UCITS ETF USD (Acc) (SWDA.L) and WisdomTree Global Quality Dividend Growth UCITS ETF - USD (GGRP.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.

	SWDA.L	GGRP.L	Difference
Sharpe ratio: Return per unit of total volatility	2.38	1.61	+0.77
Sortino ratio: Return per unit of downside risk	3.31	2.40	+0.91
Omega ratio: Gain probability vs. loss probability	1.45	1.30	+0.15
Calmar ratio: Return relative to maximum drawdown	3.80	1.92	+1.88
Martin ratio: Return relative to average drawdown	14.90	7.40	+7.50

SWDA.L vs. GGRP.L - Sharpe Ratio Comparison

The current SWDA.L Sharpe Ratio is 2.38, which is higher than the GGRP.L Sharpe Ratio of 1.61. The chart below compares the historical Sharpe Ratios of SWDA.L and GGRP.L, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Drawdowns

SWDA.L vs. GGRP.L - Drawdown Comparison

The maximum SWDA.L drawdown since its inception was -41.70%, which is greater than GGRP.L's maximum drawdown of -22.60%. Use the drawdown chart below to compare losses from any high point for SWDA.L and GGRP.L.

Drawdown Indicators

	SWDA.L	GGRP.L	Difference
Max Drawdown Largest peak-to-trough decline	-41.70%	-22.60%	-19.10%
Max Drawdown (1Y) Largest decline over 1 year	-6.55%	-8.59%	+2.04%
Max Drawdown (3Y) Largest decline over 3 years	-18.50%	-16.25%	-2.25%
Max Drawdown (5Y) Largest decline over 5 years	-18.50%	-16.25%	-2.25%
Max Drawdown (10Y) Largest decline over 10 years	-25.58%	—	—
Current Drawdown Current decline from peak	-1.23%	-0.26%	-0.97%
Average Drawdown Average peak-to-trough decline	-9.49%	-3.89%	-5.60%
Ulcer Index Depth and duration of drawdowns from previous peaks	1.67%	2.23%	-0.56%

Volatility

SWDA.L vs. GGRP.L - Volatility Comparison

iShares Core MSCI World UCITS ETF USD (Acc) (SWDA.L) has a higher volatility of 3.28% compared to WisdomTree Global Quality Dividend Growth UCITS ETF - USD (GGRP.L) at 3.02%. This indicates that SWDA.L's price experiences larger fluctuations and is considered to be riskier than GGRP.L based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	SWDA.L	GGRP.L	Difference
Volatility (1M) Calculated over the trailing 1-month period	3.28%	3.02%	+0.26%
Volatility (6M) Calculated over the trailing 6-month period	7.65%	8.19%	-0.54%
Volatility (1Y) Calculated over the trailing 1-year period	10.47%	10.26%	+0.21%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	13.34%	12.02%	+1.32%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	14.58%	14.88%	-0.30%

SWDA.L vs. GGRP.L - Expense Ratio Comparison

SWDA.L has a 0.20% expense ratio, which is lower than GGRP.L's 0.38% expense ratio.

Dividends

SWDA.L vs. GGRP.L - Dividend Comparison

SWDA.L has not paid dividends to shareholders, while GGRP.L's dividend yield for the trailing twelve months is around 1.13%.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017
GGRP.L WisdomTree Global Quality Dividend Growth UCITS ETF - USD	1.13%	1.23%	1.61%	1.84%	2.42%	1.60%	0.84%	0.78%	2.14%	1.42%
SWDA.L iShares 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%

Frequently Asked Questions

Can I hold both SWDA.L and GGRP.L in my portfolio?

SWDA.L and GGRP.L have a correlation of 0.83, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, SWDA.L or GGRP.L?

On fees, SWDA.L is cheaper at 0.20% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, SWDA.L or GGRP.L?

SWDA.L is cheaper with a 0.20% expense ratio, compared with 0.38% for GGRP.L.

What is the main difference between SWDA.L and GGRP.L?

SWDA.L tracks MSCI World Index, while GGRP.L tracks WisdomTree Global Developed Quality Dividend Growth. They also come from different issuers: iShares and WisdomTree. Their fees differ too: 0.20% for SWDA.L and 0.38% for GGRP.L.