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SWDA.L vs. SCHG
Performance
Return for Risk
Drawdowns
Volatility
Dividends

SWDA.L vs. SCHG

Last updated Jun 13, 2026

SWDA.L (iShares Core MSCI World UCITS ETF USD (Acc)) and SCHG (Schwab U.S. Large-Cap Growth ETF) are both exchange-traded funds - SWDA.L is a Global Equities fund tracking the MSCI World Index, while SCHG is a Large Cap Growth Equities fund tracking the Dow Jones U.S. Large-Cap Growth Total Stock Market Index. Both are passively managed. Over the past 10 years, SWDA.L returned 13.92%/yr vs 19.11%/yr for SCHG. A 0.60 correlation means they provide meaningful diversification when combined. SWDA.L charges 0.20%/yr vs 0.04%/yr for SCHG.

Performance

SWDA.L vs. SCHG - 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 Schwab U.S. Large-Cap Growth ETF (SCHG). The values are adjusted to include any dividend payments, if applicable.

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Different Trading Currencies

SWDA.L is traded in GBp, while SCHG is traded in USD. To make them comparable, the SCHG values have been converted to GBp using the latest available exchange rates.

Returns By Period

In the year-to-date period, SWDA.L achieves a 8.84% return, which is significantly higher than SCHG's 3.10% return. Over the past 10 years, SWDA.L has underperformed SCHG with an annualized return of 13.92%, while SCHG has yielded a comparatively higher 19.11% annualized return.

SWDA.L

1D
1.55%
1M
1.62%
YTD
8.84%
6M
9.32%
1Y
24.97%
3Y*
17.08%
5Y*
12.61%
10Y*
13.92%

SCHG

1D
0.21%
1M
-1.77%
YTD
3.10%
6M
2.70%
1Y
20.59%
3Y*
20.21%
5Y*
15.51%
10Y*
19.11%
*Multi-year figures are annualized to reflect compound growth (CAGR)

SWDA.L vs. SCHG - Yearly Performance Comparison

2026 (YTD)202520242023202220212020201920182017
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%
SCHG
Schwab U.S. Large-Cap Growth ETF		3.10%9.13%37.31%42.60%-23.69%29.33%35.05%30.84%4.49%16.97%

Correlation

The correlation between SWDA.L and SCHG is 0.64, 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

0.64

Correlation (3Y)
Calculated over the trailing 3-year period

0.56

Correlation (5Y)
Calculated over the trailing 5-year period

0.55

Correlation (10Y)
Calculated over the trailing 10-year period

0.58

Correlation (All Time)
Calculated using the full available price history since Dec 11, 2009

0.60

The correlation between SWDA.L and SCHG has been stable across timeframes, ranging from 0.55 to 0.64 - a consistent structural relationship.

SWDA.L vs. SCHG - Sectors Allocation Comparison

Sectors
SWDA.L
SCHG

Technology

30.8%
46.3%

Financial Services

15.1%
6.7%

Industrials

10.9%
5.8%

Consumer Cyclical

9.3%
12.7%

Communication Services

9.1%
16.0%

Healthcare

8.6%
7.7%

Consumer Defensive

5.0%
1.7%

Energy

3.9%
0.8%

Basic Materials

3.2%
1.4%

Utilities

2.4%
0.4%

Real Estate

1.7%
0.5%

Technology

SWDA.L
30.8%
SCHG
46.3%

Financial Services

SWDA.L
15.1%
SCHG
6.7%

Industrials

SWDA.L
10.9%
SCHG
5.8%

Consumer Cyclical

SWDA.L
9.3%
SCHG
12.7%

Communication Services

SWDA.L
9.1%
SCHG
16.0%

Healthcare

SWDA.L
8.6%
SCHG
7.7%

Consumer Defensive

SWDA.L
5.0%
SCHG
1.7%

Energy

SWDA.L
3.9%
SCHG
0.8%

Basic Materials

SWDA.L
3.2%
SCHG
1.4%

Utilities

SWDA.L
2.4%
SCHG
0.4%

Real Estate

SWDA.L
1.7%
SCHG
0.5%

Compare stocks, funds, or ETFs

Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.

iShares Core MSCI World UCITS ETF USD (Acc)

Schwab U.S. Large-Cap Growth ETF

Often compared with SWDA.L:
SWDA.L vs. IWDA.LSWDA.L vs. VWRP.LSWDA.L vs. VWCE.DESWDA.L vs. SPYSWDA.L vs. IUSQ.DESWDA.L vs. EUN.LSWDA.L vs. VOO
Often compared with SCHG:
SCHG vs. SCHDSCHG vs. QQQMSCHG vs. VOOSCHG vs. VUGSCHG vs. QQQSCHG vs. SPMOSCHG vs. SPYG

Return for Risk

SWDA.L vs. SCHG — 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: 8484
Overall Rank
SWDA.L Sharpe Ratio Rank: 8585
Sharpe Ratio Rank
SWDA.L Sortino Ratio Rank: 8585
Sortino Ratio Rank
SWDA.L Omega Ratio Rank: 8585
Omega Ratio Rank
SWDA.L Calmar Ratio Rank: 8282
Calmar Ratio Rank
SWDA.L Martin Ratio Rank: 8484
Martin Ratio Rank
SCHG
SCHG Risk / Return Rank: 3333
Overall Rank
SCHG Sharpe Ratio Rank: 3737
Sharpe Ratio Rank
SCHG Sortino Ratio Rank: 3535
Sortino Ratio Rank
SCHG Omega Ratio Rank: 3636
Omega Ratio Rank
SCHG Calmar Ratio Rank: 2727
Calmar Ratio Rank
SCHG Martin Ratio Rank: 3030
Martin Ratio Rank
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. SCHG - 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 Schwab U.S. Large-Cap Growth ETF (SCHG). 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.LSCHGDifference
Sharpe ratioReturn per unit of total volatility
2.38
1.35

+1.03

Sortino ratioReturn per unit of downside risk
3.31
1.81

+1.50

Omega ratioGain probability vs. loss probability

1.45

1.24

+0.20

Calmar ratioReturn relative to maximum drawdown

3.80

1.25

+2.55

Martin ratioReturn relative to average drawdown

14.90

3.50

+11.40

SWDA.L vs. SCHG - Sharpe Ratio Comparison

The current SWDA.L Sharpe Ratio is 2.38, which is higher than the SCHG Sharpe Ratio of 1.35. The chart below compares the historical Sharpe Ratios of SWDA.L and SCHG, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

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Drawdowns

SWDA.L vs. SCHG - Drawdown Comparison

The maximum SWDA.L drawdown since its inception was -41.70%, which is greater than SCHG's maximum drawdown of -27.53%. Use the drawdown chart below to compare losses from any high point for SWDA.L and SCHG.

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Drawdown Indicators

SWDA.LSCHGDifference

Max Drawdown

Largest peak-to-trough decline

-41.70%

-27.53%

-14.17%

Max Drawdown (1Y)

Largest decline over 1 year

-6.55%

-16.56%

+10.01%

Max Drawdown (3Y)

Largest decline over 3 years

-18.50%

-26.67%

+8.17%

Max Drawdown (5Y)

Largest decline over 5 years

-18.50%

-27.53%

+9.03%

Max Drawdown (10Y)

Largest decline over 10 years

-25.58%

-27.53%

+1.95%

Current Drawdown

Current decline from peak

-1.23%

-4.96%

+3.73%

Average Drawdown

Average peak-to-trough decline

-9.49%

-4.76%

-4.73%

Ulcer Index

Depth and duration of drawdowns from previous peaks

1.67%

5.89%

-4.22%

Volatility

SWDA.L vs. SCHG - Volatility Comparison

The current volatility for iShares Core MSCI World UCITS ETF USD (Acc) (SWDA.L) is 3.28%, while Schwab U.S. Large-Cap Growth ETF (SCHG) has a volatility of 4.81%. This indicates that SWDA.L experiences smaller price fluctuations and is considered to be less risky than SCHG based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

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Volatility by Period

SWDA.LSCHGDifference

Volatility (1M)

Calculated over the trailing 1-month period

3.28%

4.81%

-1.53%

Volatility (6M)

Calculated over the trailing 6-month period

7.65%

11.15%

-3.50%

Volatility (1Y)

Calculated over the trailing 1-year period

10.47%

15.36%

-4.89%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

13.34%

21.11%

-7.77%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

14.58%

21.44%

-6.86%

SWDA.L vs. SCHG - Expense Ratio Comparison

SWDA.L has a 0.20% expense ratio, which is higher than SCHG's 0.04% expense ratio. However, both funds are considered low-cost compared to the broader market, where average expense ratios usually range from 0.3% to 0.9%.

Dividends

SWDA.L vs. SCHG - Dividend Comparison

SWDA.L has not paid dividends to shareholders, while SCHG's dividend yield for the trailing twelve months is around 0.38%.

PositionTTM20252024202320222021202020192018201720162015
SCHG
Schwab U.S. Large-Cap Growth ETF		0.38%0.36%0.39%0.46%0.55%0.42%0.52%0.82%1.27%1.01%1.04%1.22%
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

SWDA.L and SCHG have a correlation of 0.64, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

On fees, SCHG is cheaper at 0.04% per year. The better choice depends on whether you care most about return, fees, risk, or income.

SCHG is cheaper with a 0.04% expense ratio, compared with 0.20% for SWDA.L.

SWDA.L is categorized as Global Equities, while SCHG is Large Cap Growth Equities. SWDA.L tracks MSCI World Index, while SCHG tracks Dow Jones U.S. Large-Cap Growth Total Stock Market Index. They also come from different issuers: iShares and Charles Schwab. Their fees differ too: 0.20% for SWDA.L and 0.04% for SCHG.

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