SXR8.DE vs. FWRG.L
SXR8.DE (iShares Core S&P 500 UCITS ETF USD (Acc)) and FWRG.L (Invesco FTSE All-World UCITS ETF Acc) are both exchange-traded funds - SXR8.DE is a S&P 500 fund tracking the S&P 500 Index, while FWRG.L is a Global Equities fund tracking the FTSE All-World Index. Both are passively managed. Over the past year, SXR8.DE returned 23.52% vs 25.92% for FWRG.L. Their correlation of 0.81 suggests significant overlap in exposure. SXR8.DE charges 0.07%/yr vs 0.15%/yr for FWRG.L.
Performance
SXR8.DE vs. FWRG.L - Performance Comparison
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Different Trading Currencies
SXR8.DE is traded in EUR, while FWRG.L is traded in USD. To make them comparable, the FWRG.L values have been converted to EUR using the latest available exchange rates.
Returns By Period
In the year-to-date period, SXR8.DE achieves a 9.96% return, which is significantly lower than FWRG.L's 12.42% return.
SXR8.DE
- 1D
- -0.20%
- 1M
- 2.54%
- YTD
- 9.96%
- 6M
- 10.04%
- 1Y
- 23.52%
- 3Y*
- 18.44%
- 5Y*
- 14.39%
- 10Y*
- 14.76%
FWRG.L
- 1D
- -0.35%
- 1M
- 4.69%
- YTD
- 12.42%
- 6M
- 11.60%
- 1Y
- 25.92%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
SXR8.DE vs. FWRG.L - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | |
|---|---|---|---|---|
SXR8.DE iShares Core S&P 500 UCITS ETF USD (Acc) | 9.96% | 4.73% | 32.32% | 9.11% |
FWRG.L Invesco FTSE All-World UCITS ETF Acc | 12.42% | 0.33% | 28.03% | 8,428.76% |
Correlation
The correlation between SXR8.DE and FWRG.L is 0.80, 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 | 0.80 |
Correlation (All Time) Calculated using the full available price history since Jun 26, 2023 | 0.81 |
The correlation between SXR8.DE and FWRG.L has been stable across timeframes, ranging from 0.80 to 0.81 - a consistent structural relationship.
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Return for Risk
SXR8.DE vs. FWRG.L — Risk / Return Rank
SXR8.DE
FWRG.L
SXR8.DE vs. FWRG.L - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for iShares Core S&P 500 UCITS ETF USD (Acc) (SXR8.DE) and Invesco FTSE All-World UCITS ETF Acc (FWRG.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.
| SXR8.DE | FWRG.L | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.05 | ||
| Sortino ratioReturn per unit of downside risk | +0.01 | ||
| Omega ratioGain probability vs. loss probability | 1.37 | 1.37 | 0.00 |
| Calmar ratioReturn relative to maximum drawdown | 3.37 | 4.47 | -1.10 |
| Martin ratioReturn relative to average drawdown | 12.07 | 11.92 | +0.14 |
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
| SXR8.DE | FWRG.L | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 2.02 | 2.07 | -0.05 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.94 | — | — |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.91 | — | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.77 | 0.09 | +0.68 |
Drawdowns
SXR8.DE vs. FWRG.L - Drawdown Comparison
The maximum SXR8.DE drawdown since its inception was -33.78%, which is greater than FWRG.L's maximum drawdown of -24.31%. Use the drawdown chart below to compare losses from any high point for SXR8.DE and FWRG.L.
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Drawdown Indicators
| SXR8.DE | FWRG.L | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -33.78% | -24.31% | -9.47% |
Max Drawdown (1Y)Largest decline over 1 year | -6.94% | -5.77% | -1.17% |
Max Drawdown (3Y)Largest decline over 3 years | -23.32% | — | — |
Max Drawdown (5Y)Largest decline over 5 years | -23.32% | — | — |
Max Drawdown (10Y)Largest decline over 10 years | -33.78% | — | — |
Current DrawdownCurrent decline from peak | -1.71% | -0.97% | -0.74% |
Average DrawdownAverage peak-to-trough decline | -5.22% | -4.96% | -0.26% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.94% | 2.17% | -0.23% |
Volatility
SXR8.DE vs. FWRG.L - Volatility Comparison
iShares Core S&P 500 UCITS ETF USD (Acc) (SXR8.DE) and Invesco FTSE All-World UCITS ETF Acc (FWRG.L) have volatilities of 2.86% and 2.99%, 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
| SXR8.DE | FWRG.L | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 2.86% | 2.99% | -0.13% |
Volatility (6M)Calculated over the trailing 6-month period | 7.58% | 8.60% | -1.02% |
Volatility (1Y)Calculated over the trailing 1-year period | 11.57% | 12.48% | -0.91% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 15.16% | 4,506.39% | -4,491.23% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 16.08% | 4,506.39% | -4,490.31% |
SXR8.DE vs. FWRG.L - Expense Ratio Comparison
SXR8.DE has a 0.07% expense ratio, which is lower than FWRG.L's 0.15% 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
SXR8.DE vs. FWRG.L - Dividend Comparison
Neither SXR8.DE nor FWRG.L has paid dividends to shareholders.
Frequently Asked Questions
SXR8.DE and FWRG.L have a correlation of 0.80, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, SXR8.DE is cheaper at 0.07% per year. The better choice depends on whether you care most about return, fees, risk, or income.
SXR8.DE is cheaper with a 0.07% expense ratio, compared with 0.15% for FWRG.L.
SXR8.DE is categorized as S&P 500, while FWRG.L is Global Equities. SXR8.DE tracks S&P 500 Index, while FWRG.L tracks FTSE All-World Index. They also come from different issuers: iShares and Invesco. Their fees differ too: 0.07% for SXR8.DE and 0.15% for FWRG.L.
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