SWRD.L vs. AGGU.L
Compare and contrast key facts about SPDR MSCI World UCITS ETF (SWRD.L) and iShares Core Global Aggregate Bond UCITS ETF (AGGU.L).
SWRD.L and AGGU.L are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. SWRD.L is a passively managed fund by State Street that tracks the performance of the MSCI World Index. It was launched on Feb 28, 2019. AGGU.L is a passively managed fund by iShares that tracks the performance of the Bloomberg Global Aggregate Bond Index. It was launched on Nov 21, 2017. Both SWRD.L and AGGU.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: SWRD.L or AGGU.L.
Key characteristics
| SWRD.L | AGGU.L | |
|---|---|---|
| YTD Return | 6.07% | -0.80% |
| 1Y Return | 22.78% | 2.08% |
| 3Y Return (Ann) | 6.70% | -2.01% |
| 5Y Return (Ann) | 10.94% | 0.30% |
| Sharpe Ratio | 1.83 | 0.52 |
| Daily Std Dev | 11.55% | 4.66% |
| Max Drawdown | -34.10% | -15.55% |
| Current Drawdown | -2.44% | -8.17% |
Correlation
The correlation between SWRD.L and AGGU.L is 0.02, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.
Performance
SWRD.L vs. AGGU.L - Performance Comparison
In the year-to-date period, SWRD.L achieves a 6.07% return, which is significantly higher than AGGU.L's -0.80% return. 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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SWRD.L vs. AGGU.L - Expense Ratio Comparison
SWRD.L has a 0.12% expense ratio, which is higher than AGGU.L's 0.10% 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%.
Risk-Adjusted Performance
SWRD.L vs. AGGU.L - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for SPDR MSCI World UCITS ETF (SWRD.L) and iShares Core Global Aggregate Bond UCITS ETF (AGGU.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
SWRD.L vs. AGGU.L - Dividend Comparison
Neither SWRD.L nor AGGU.L has paid dividends to shareholders.
Drawdowns
SWRD.L vs. AGGU.L - Drawdown Comparison
The maximum SWRD.L drawdown since its inception was -34.10%, which is greater than AGGU.L's maximum drawdown of -15.55%. Use the drawdown chart below to compare losses from any high point for SWRD.L and AGGU.L. For additional features, visit the drawdowns tool.
Volatility
SWRD.L vs. AGGU.L - Volatility Comparison
SPDR MSCI World UCITS ETF (SWRD.L) has a higher volatility of 3.96% compared to iShares Core Global Aggregate Bond UCITS ETF (AGGU.L) at 1.28%. This indicates that SWRD.L's price experiences larger fluctuations and is considered to be riskier than AGGU.L based on this measure. The chart below showcases a comparison of their rolling one-month volatility.