SWLD.L vs. SSAC.L
Compare and contrast key facts about SPDR MSCI World UCITS ETF (SWLD.L) and iShares MSCI ACWI UCITS ETF (Acc) (SSAC.L).
SWLD.L and SSAC.L are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. SWLD.L is a passively managed fund by State Street that tracks the performance of the MSCI ACWI NR USD. It was launched on Feb 28, 2019. SSAC.L is a passively managed fund by iShares that tracks the performance of the MSCI ACWI NR USD. It was launched on Oct 21, 2011. Both SWLD.L and SSAC.L are passive ETFs, meaning that they are not actively managed but aim to replicate the performance of the underlying index as closely as possible.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: SWLD.L or SSAC.L.
Key characteristics
| SWLD.L | SSAC.L | |
|---|---|---|
| YTD Return | 16.55% | 15.97% |
| 1Y Return | 22.97% | 21.92% |
| 3Y Return (Ann) | 10.14% | 9.08% |
| 5Y Return (Ann) | 12.76% | 11.73% |
| Sharpe Ratio | 0.73 | 2.25 |
| Sortino Ratio | 1.29 | 3.08 |
| Omega Ratio | 1.38 | 1.42 |
| Calmar Ratio | 1.19 | 3.60 |
| Martin Ratio | 2.29 | 15.20 |
| Ulcer Index | 10.37% | 1.50% |
| Daily Std Dev | 32.40% | 10.16% |
| Max Drawdown | -32.06% | -25.43% |
| Current Drawdown | -1.97% | -0.22% |
Correlation
The correlation between SWLD.L and SSAC.L is 0.98, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.
Performance
SWLD.L vs. SSAC.L - Performance Comparison
The year-to-date returns for both stocks are quite close, with SWLD.L having a 16.55% return and SSAC.L slightly lower at 15.97%. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
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SWLD.L vs. SSAC.L - Expense Ratio Comparison
SWLD.L has a 0.12% expense ratio, which is lower than SSAC.L's 0.20% expense ratio. Despite the difference, both funds are considered low-cost compared to the broader market, where average expense ratios usually range from 0.3% to 0.9%.
Risk-Adjusted Performance
SWLD.L vs. SSAC.L - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for SPDR MSCI World UCITS ETF (SWLD.L) and iShares MSCI ACWI UCITS ETF (Acc) (SSAC.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.
Dividends
SWLD.L vs. SSAC.L - Dividend Comparison
Neither SWLD.L nor SSAC.L has paid dividends to shareholders.
Drawdowns
SWLD.L vs. SSAC.L - Drawdown Comparison
The maximum SWLD.L drawdown since its inception was -32.06%, which is greater than SSAC.L's maximum drawdown of -25.43%. Use the drawdown chart below to compare losses from any high point for SWLD.L and SSAC.L. For additional features, visit the drawdowns tool.
Volatility
SWLD.L vs. SSAC.L - Volatility Comparison
The current volatility for SPDR MSCI World UCITS ETF (SWLD.L) is 2.36%, while iShares MSCI ACWI UCITS ETF (Acc) (SSAC.L) has a volatility of 2.59%. This indicates that SWLD.L experiences smaller price fluctuations and is considered to be less risky than SSAC.L based on this measure. The chart below showcases a comparison of their rolling one-month volatility.