SWDA.L vs. JGGI.L

Last updated Jun 5, 2026

SWDA.L (iShares Core MSCI World UCITS ETF USD (Acc)) is Global Equities fund tracking the MSCI World Index, while JGGI.L (JP Morgan Global Growth & Income plc) is a stock. Over the past 10 years, SWDA.L returned 13.91%/yr vs 15.08%/yr for JGGI.L. A 0.60 correlation means they provide meaningful diversification when combined.

Performance

SWDA.L vs. JGGI.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 JP Morgan Global Growth & Income plc (JGGI.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 10.08% return, which is significantly higher than JGGI.L's 6.61% return. Over the past 10 years, SWDA.L has underperformed JGGI.L with an annualized return of 13.91%, while JGGI.L has yielded a comparatively higher 15.08% annualized return.

SWDA.L

• 1D: 0.15%
• 1M: 5.12%
• YTD: 10.08%
• 6M: 10.35%
• 1Y: 27.25%
• 3Y*: 17.68%
• 5Y*: 13.06%
• 10Y*: 13.91%

JGGI.L

• 1D: -0.08%
• 1M: 3.39%
• YTD: 6.61%
• 6M: 7.74%
• 1Y: 16.95%
• 3Y*: 13.11%
• 5Y*: 11.35%
• 10Y*: 15.08%

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

SWDA.L vs. JGGI.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)	10.08%	12.64%	21.11%	17.59%	-8.33%	23.64%	12.25%	23.03%	-3.78%	11.78%
JGGI.L JP Morgan Global Growth & Income plc	6.61%	2.93%	19.85%	22.62%	-4.97%	24.82%	15.81%	26.22%	-10.15%	24.11%

Correlation

The correlation between SWDA.L and JGGI.L is 0.76, 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	0.76
Correlation (3Y) Calculated over the trailing 3-year period	0.80
Correlation (5Y) Calculated over the trailing 5-year period	0.77
Correlation (10Y) Calculated over the trailing 10-year period	0.68
Correlation (All Time) Calculated using the full available price history since Nov 6, 2009	0.60

The correlation between SWDA.L and JGGI.L shifts across timeframes, from 0.60 (all time) to 0.80 (3 years), reflecting how their relationship changes across market environments.

Return for Risk

SWDA.L vs. JGGI.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: 83
SWDA.L Sharpe Ratio Rank: 83
SWDA.L Sortino Ratio Rank: 83
SWDA.L Omega Ratio Rank: 84
SWDA.L Calmar Ratio Rank: 81
SWDA.L Martin Ratio Rank: 83

JGGI.L

JGGI.L Risk / Return Rank: 76
JGGI.L Sharpe Ratio Rank: 79
JGGI.L Sortino Ratio Rank: 73
JGGI.L Omega Ratio Rank: 71
JGGI.L Calmar Ratio Rank: 75
JGGI.L Martin Ratio Rank: 82

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. JGGI.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 JP Morgan Global Growth & Income plc (JGGI.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.

	SWDA.L	JGGI.L	Difference
Sharpe ratio: Return per unit of total volatility	2.66	1.31	+1.35
Sortino ratio: Return per unit of downside risk	3.69	1.86	+1.83
Omega ratio: Gain probability vs. loss probability	1.51	1.23	+0.27
Calmar ratio: Return relative to maximum drawdown	4.14	2.04	+2.10
Martin ratio: Return relative to average drawdown	16.55	7.15	+9.40
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

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

The current SWDA.L Sharpe Ratio is 2.66, which is higher than the JGGI.L Sharpe Ratio of 1.31. The chart below compares the historical Sharpe Ratios of SWDA.L and JGGI.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.

Sharpe Ratios by Period

	SWDA.L	JGGI.L	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	2.66	1.31	+1.35
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.98	0.68	+0.30
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.96	0.76	+0.20
Sharpe Ratio (All Time) Calculated using the full available price history	0.88	0.51	+0.37

Drawdowns

SWDA.L vs. JGGI.L - Drawdown Comparison

The maximum SWDA.L drawdown since its inception was -25.58%, smaller than the maximum JGGI.L drawdown of -58.03%. Use the drawdown chart below to compare losses from any high point for SWDA.L and JGGI.L.

Drawdown Indicators

	SWDA.L	JGGI.L	Difference
Max Drawdown Largest peak-to-trough decline	-25.58%	-58.03%	+32.45%
Max Drawdown (1Y) Largest decline over 1 year	-6.55%	-8.26%	+1.71%
Max Drawdown (3Y) Largest decline over 3 years	-18.50%	-20.49%	+1.99%
Max Drawdown (5Y) Largest decline over 5 years	-18.50%	-20.49%	+1.99%
Max Drawdown (10Y) Largest decline over 10 years	-25.58%	-38.54%	+12.96%
Current Drawdown Current decline from peak	-0.10%	-0.25%	+0.15%
Average Drawdown Average peak-to-trough decline	-3.49%	-10.38%	+6.89%
Ulcer Index Depth and duration of drawdowns from previous peaks	1.64%	2.36%	-0.72%

Volatility

SWDA.L vs. JGGI.L - Volatility Comparison

The current volatility for iShares Core MSCI World UCITS ETF USD (Acc) (SWDA.L) is 2.52%, while JP Morgan Global Growth & Income plc (JGGI.L) has a volatility of 2.78%. This indicates that SWDA.L experiences smaller price fluctuations and is considered to be less risky than JGGI.L based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	SWDA.L	JGGI.L	Difference
Volatility (1M) Calculated over the trailing 1-month period	2.52%	2.78%	-0.26%
Volatility (6M) Calculated over the trailing 6-month period	7.29%	9.48%	-2.19%
Volatility (1Y) Calculated over the trailing 1-year period	10.19%	12.85%	-2.66%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	13.30%	16.65%	-3.35%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	14.50%	19.82%	-5.32%

Dividends

SWDA.L vs. JGGI.L - Dividend Comparison

SWDA.L has not paid dividends to shareholders, while JGGI.L's dividend yield for the trailing twelve months is around 3.83%.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
JGGI.L JP Morgan Global Growth & Income plc	3.83%	3.99%	3.55%	3.52%	3.99%	3.23%	3.39%	3.69%	4.32%	3.17%	1.96%	1.51%
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%	0.00%	0.00%

Frequently Asked Questions

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

SWDA.L and JGGI.L have a correlation of 0.76, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.