URTH vs. FWD

Last updated Jun 4, 2026

URTH (iShares MSCI World ETF) and FWD (AB Disruptors ETF) are both Global Equities funds. URTH is passively managed, while FWD is actively managed. Over the past 3 years, URTH returned 20.81%/yr vs 39.48%/yr for FWD. Their correlation of 0.86 suggests significant overlap in exposure. URTH charges 0.24%/yr vs 0.65%/yr for FWD.

Performance

URTH vs. FWD - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in iShares MSCI World ETF (URTH) and AB Disruptors ETF (FWD). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, URTH achieves a 10.16% return, which is significantly lower than FWD's 40.11% return.

URTH

• 1D: -0.74%
• 1M: 4.65%
• YTD: 10.16%
• 6M: 10.88%
• 1Y: 26.06%
• 3Y*: 20.81%
• 5Y*: 11.86%
• 10Y*: 13.19%

FWD

• 1D: -0.27%
• 1M: 14.15%
• YTD: 40.11%
• 6M: 39.78%
• 1Y: 75.95%
• 3Y*: 39.48%
• 5Y*: —
• 10Y*: —

*Multi-year figures are annualized to reflect compound growth (CAGR)

URTH vs. FWD - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023
URTH iShares MSCI World ETF	10.16%	21.36%	18.66%	19.93%
FWD AB Disruptors ETF	40.11%	32.00%	29.23%	25.66%

Correlation

The correlation between URTH and FWD is 0.84, 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	0.84
Correlation (3Y) Calculated over the trailing 3-year period	0.86
Correlation (All Time) Calculated using the full available price history since Mar 23, 2023	0.86

The correlation between URTH and FWD has been stable across timeframes, ranging from 0.84 to 0.86 - a consistent structural relationship.

URTH vs. FWD - Sectors Allocation Comparison

Sectors	URTH	FWD
Technology	28.3%	52.6%
Financial Services	15.8%	0.5%
Industrials	11.3%	17.7%
Consumer Cyclical	9.3%	2.4%
Communication Services	9.3%	2.6%
Healthcare	8.8%	6.6%
Consumer Defensive	5.2%	0.8%
Energy	4.2%	2.6%
Basic Materials	3.3%	1.8%
Utilities	2.7%	1.0%
Real Estate	1.9%	0.7%

Return for Risk

URTH vs. FWD — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

URTH

URTH Risk / Return Rank: 63
URTH Sharpe Ratio Rank: 63
URTH Sortino Ratio Rank: 63
URTH Omega Ratio Rank: 63
URTH Calmar Ratio Rank: 57
URTH Martin Ratio Rank: 69

FWD

FWD Risk / Return Rank: 87
FWD Sharpe Ratio Rank: 90
FWD Sortino Ratio Rank: 83
FWD Omega Ratio Rank: 83
FWD Calmar Ratio Rank: 91
FWD Martin Ratio Rank: 90

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

URTH vs. FWD - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for iShares MSCI World ETF (URTH) and AB Disruptors ETF (FWD). 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.

	URTH	FWD	Difference
Sharpe ratio: Return per unit of total volatility	2.17	3.16	-0.99
Sortino ratio: Return per unit of downside risk	3.02	3.78	-0.76
Omega ratio: Gain probability vs. loss probability	1.39	1.50	-0.12
Calmar ratio: Return relative to maximum drawdown	2.89	5.86	-2.97
Martin ratio: Return relative to average drawdown	13.11	20.83	-7.73
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

URTH vs. FWD - Sharpe Ratio Comparison

The current URTH Sharpe Ratio is 2.17, which is lower than the FWD Sharpe Ratio of 3.16. The chart below compares the historical Sharpe Ratios of URTH and FWD, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Sharpe Ratios by Period

	URTH	FWD	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	2.17	3.16	-0.99
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.74	—	—
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.77	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.73	1.67	-0.94

Drawdowns

URTH vs. FWD - Drawdown Comparison

The maximum URTH drawdown since its inception was -34.01%, which is greater than FWD's maximum drawdown of -29.02%. Use the drawdown chart below to compare losses from any high point for URTH and FWD.

Drawdown Indicators

	URTH	FWD	Difference
Max Drawdown Largest peak-to-trough decline	-34.01%	-29.02%	-4.99%
Max Drawdown (1Y) Largest decline over 1 year	-9.06%	-13.03%	+3.97%
Max Drawdown (3Y) Largest decline over 3 years	-16.94%	-29.02%	+12.08%
Max Drawdown (5Y) Largest decline over 5 years	-26.05%	—	—
Max Drawdown (10Y) Largest decline over 10 years	-34.01%	—	—
Current Drawdown Current decline from peak	-0.74%	-0.27%	-0.47%
Average Drawdown Average peak-to-trough decline	-4.37%	-4.06%	-0.31%
Ulcer Index Depth and duration of drawdowns from previous peaks	1.99%	3.66%	-1.67%

Volatility

URTH vs. FWD - Volatility Comparison

The current volatility for iShares MSCI World ETF (URTH) is 3.27%, while AB Disruptors ETF (FWD) has a volatility of 7.77%. This indicates that URTH experiences smaller price fluctuations and is considered to be less risky than FWD based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	URTH	FWD	Difference
Volatility (1M) Calculated over the trailing 1-month period	3.27%	7.77%	-4.50%
Volatility (6M) Calculated over the trailing 6-month period	9.42%	18.96%	-9.54%
Volatility (1Y) Calculated over the trailing 1-year period	12.05%	24.15%	-12.10%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	16.19%	24.72%	-8.53%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	17.27%	24.72%	-7.45%

URTH vs. FWD - Expense Ratio Comparison

URTH has a 0.24% expense ratio, which is lower than FWD's 0.65% expense ratio.

Dividends

URTH vs. FWD - Dividend Comparison

URTH's dividend yield for the trailing twelve months is around 1.35%, more than FWD's 0.08% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
FWD AB Disruptors ETF	0.08%	0.11%	1.89%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
URTH iShares MSCI World ETF	1.35%	1.48%	1.47%	1.70%	1.68%	1.50%	1.52%	2.16%	2.30%	1.88%	2.15%	2.35%

Frequently Asked Questions

Can I hold both URTH and FWD in my portfolio?

URTH and FWD have a correlation of 0.84, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, URTH or FWD?

FWD has higher volatility (7.77%) compared to URTH (3.27%). In terms of maximum drawdown, URTH dropped -34.01% vs FWD's -29.02%.

Which ETF is better, URTH or FWD?

On 3-year performance, FWD leads with 39.48% vs 20.81% for URTH. On fees, URTH is cheaper at 0.24% per year. On volatility, URTH has been the lower-risk option at 3.27%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, URTH or FWD?

Over the 3-year period, FWD has performed better with a 39.48% return vs 20.81%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, URTH or FWD?

URTH is cheaper with a 0.24% expense ratio, compared with 0.65% for FWD.

Which ETF pays a higher dividend yield, URTH or FWD?

URTH has the higher dividend yield at 1.35%, compared with 0.08% for FWD.

What is the main difference between URTH and FWD?

They also come from different issuers: iShares and AllianceBernstein. Their fees differ too: 0.24% for URTH and 0.65% for FWD.

Which has better risk-adjusted returns?

FWD currently has the higher Sharpe Ratio (3.16 vs 2.17), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.