SWRD.L vs. R1GB.L
SWRD.L (SPDR MSCI World UCITS ETF) and R1GB.L (iShares Russell 1000 Growth UCITS ETF USD Acc) are both Large Cap Growth Equities funds - SWRD.L tracks the MSCI World Index while R1GB.L tracks the Russell 1000 Growth UCITS 30/18 Capped Net Tax 15% Index. Both are passively managed. Over the past year, SWRD.L returned 26.07% vs 25.32% for R1GB.L. Their correlation of 0.84 suggests significant overlap in exposure. SWRD.L charges 0.12%/yr vs 0.18%/yr for R1GB.L.
Performance
SWRD.L vs. R1GB.L - Performance Comparison
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Different Trading Currencies
SWRD.L is traded in USD, while R1GB.L is traded in GBP. To make them comparable, the R1GB.L values have been converted to USD using the latest available exchange rates.
Returns By Period
In the year-to-date period, SWRD.L achieves a 9.88% return, which is significantly higher than R1GB.L's 6.38% return.
SWRD.L
- 1D
- 0.06%
- 1M
- 4.05%
- YTD
- 9.88%
- 6M
- 11.00%
- 1Y
- 26.07%
- 3Y*
- 20.92%
- 5Y*
- 11.98%
- 10Y*
- —
R1GB.L
- 1D
- -0.14%
- 1M
- 5.38%
- YTD
- 6.38%
- 6M
- 6.80%
- 1Y
- 25.32%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
SWRD.L vs. R1GB.L - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | |
|---|---|---|---|
SWRD.L SPDR MSCI World UCITS ETF | 9.88% | 21.09% | 4.74% |
R1GB.L iShares Russell 1000 Growth UCITS ETF USD Acc | 6.38% | 17.73% | -15.89% |
Correlation
The correlation between SWRD.L and R1GB.L is 0.83, indicating a strong positive relationship between their price movements. Combining them offers limited diversification - they tend to fall together during downturns.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.83 |
Correlation (All Time) Calculated using the full available price history since Jul 9, 2024 | 0.84 |
The correlation between SWRD.L and R1GB.L has been stable across timeframes, ranging from 0.83 to 0.84 - a consistent structural relationship.
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Return for Risk
SWRD.L vs. R1GB.L — Risk / Return Rank
SWRD.L
R1GB.L
SWRD.L vs. R1GB.L - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for SPDR MSCI World UCITS ETF (SWRD.L) and iShares Russell 1000 Growth UCITS ETF USD Acc (R1GB.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.
| SWRD.L | R1GB.L | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.52 | ||
| Sortino ratioReturn per unit of downside risk | +0.86 | ||
| Omega ratioGain probability vs. loss probability | 1.40 | 1.29 | +0.11 |
| Calmar ratioReturn relative to maximum drawdown | 3.12 | 1.62 | +1.50 |
| Martin ratioReturn relative to average drawdown | 13.22 | 5.37 | +7.86 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| SWRD.L | R1GB.L | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 2.20 | 1.68 | +0.52 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.77 | — | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.83 | 0.11 | +0.71 |
Drawdowns
SWRD.L vs. R1GB.L - Drawdown Comparison
The maximum SWRD.L drawdown since its inception was -34.10%, roughly equal to the maximum R1GB.L drawdown of -33.80%. Use the drawdown chart below to compare losses from any high point for SWRD.L and R1GB.L.
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Drawdown Indicators
| SWRD.L | R1GB.L | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -34.10% | -33.80% | -0.30% |
Max Drawdown (1Y)Largest decline over 1 year | -8.31% | -15.56% | +7.25% |
Max Drawdown (3Y)Largest decline over 3 years | -16.89% | — | — |
Max Drawdown (5Y)Largest decline over 5 years | -25.54% | — | — |
Current DrawdownCurrent decline from peak | -0.49% | -1.54% | +1.05% |
Average DrawdownAverage peak-to-trough decline | -5.02% | -13.26% | +8.24% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.97% | 4.71% | -2.74% |
Volatility
SWRD.L vs. R1GB.L - Volatility Comparison
SPDR MSCI World UCITS ETF (SWRD.L) and iShares Russell 1000 Growth UCITS ETF USD Acc (R1GB.L) have volatilities of 3.33% and 3.50%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| SWRD.L | R1GB.L | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 3.33% | 3.50% | -0.17% |
Volatility (6M)Calculated over the trailing 6-month period | 9.04% | 10.89% | -1.85% |
Volatility (1Y)Calculated over the trailing 1-year period | 11.81% | 15.00% | -3.19% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 15.52% | 24.68% | -9.16% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 17.26% | 24.68% | -7.42% |
SWRD.L vs. R1GB.L - Expense Ratio Comparison
SWRD.L has a 0.12% expense ratio, which is lower than R1GB.L's 0.18% 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%.
Dividends
SWRD.L vs. R1GB.L - Dividend Comparison
Neither SWRD.L nor R1GB.L has paid dividends to shareholders.
Frequently Asked Questions
SWRD.L and R1GB.L have a correlation of 0.83, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, SWRD.L is cheaper at 0.12% per year. The better choice depends on whether you care most about return, fees, risk, or income.
SWRD.L is cheaper with a 0.12% expense ratio, compared with 0.18% for R1GB.L.
SWRD.L tracks MSCI World Index, while R1GB.L tracks Russell 1000 Growth UCITS 30/18 Capped Net Tax 15% Index. They also come from different issuers: State Street and iShares. Their fees differ too: 0.12% for SWRD.L and 0.18% for R1GB.L.
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