SWRD.AS vs. IWDL
Compare and contrast key facts about SPDR MSCI World UCITS ETF (SWRD.AS) and ETRACS 2x Leveraged US Value Factor TR ETN (IWDL).
SWRD.AS and IWDL are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. SWRD.AS 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. IWDL is a passively managed fund by UBS that tracks the performance of the Russell 1000 Value (200%). It was launched on Feb 5, 2021. Both SWRD.AS and IWDL 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: SWRD.AS or IWDL.
Key characteristics
| SWRD.AS | IWDL | |
|---|---|---|
| YTD Return | 26.56% | 33.92% |
| 1Y Return | 32.49% | 54.75% |
| 3Y Return (Ann) | 9.94% | 6.82% |
| Sharpe Ratio | 3.00 | 2.86 |
| Sortino Ratio | 3.99 | 3.67 |
| Omega Ratio | 1.63 | 1.47 |
| Calmar Ratio | 2.58 | 2.47 |
| Martin Ratio | 18.72 | 16.47 |
| Ulcer Index | 1.73% | 3.74% |
| Daily Std Dev | 10.78% | 21.58% |
| Max Drawdown | -33.61% | -37.95% |
| Current Drawdown | 0.00% | -1.26% |
Correlation
The correlation between SWRD.AS and IWDL is 0.59, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.
Performance
SWRD.AS vs. IWDL - Performance Comparison
In the year-to-date period, SWRD.AS achieves a 26.56% return, which is significantly lower than IWDL's 33.92% return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
SWRD.AS vs. IWDL - Expense Ratio Comparison
SWRD.AS has a 0.12% expense ratio, which is lower than IWDL's 0.95% expense ratio.
Risk-Adjusted Performance
SWRD.AS vs. IWDL - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for SPDR MSCI World UCITS ETF (SWRD.AS) and ETRACS 2x Leveraged US Value Factor TR ETN (IWDL). 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
SWRD.AS vs. IWDL - Dividend Comparison
Neither SWRD.AS nor IWDL has paid dividends to shareholders.
Drawdowns
SWRD.AS vs. IWDL - Drawdown Comparison
The maximum SWRD.AS drawdown since its inception was -33.61%, smaller than the maximum IWDL drawdown of -37.95%. Use the drawdown chart below to compare losses from any high point for SWRD.AS and IWDL. For additional features, visit the drawdowns tool.
Volatility
SWRD.AS vs. IWDL - Volatility Comparison
The current volatility for SPDR MSCI World UCITS ETF (SWRD.AS) is 3.06%, while ETRACS 2x Leveraged US Value Factor TR ETN (IWDL) has a volatility of 7.55%. This indicates that SWRD.AS experiences smaller price fluctuations and is considered to be less risky than IWDL based on this measure. The chart below showcases a comparison of their rolling one-month volatility.