VWRA.L vs. GLD
Compare and contrast key facts about Vanguard FTSE All-World UCITS ETF USD Accumulating (VWRA.L) and SPDR Gold Trust (GLD).
VWRA.L and GLD are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. VWRA.L is a passively managed fund by Vanguard that tracks the performance of the MSCI ACWI NR USD. It was launched on Jul 23, 2019. GLD is a passively managed fund by State Street that tracks the performance of the Gold Bullion. It was launched on Nov 18, 2004. Both VWRA.L and GLD 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: VWRA.L or GLD.
Key characteristics
| VWRA.L | GLD | |
|---|---|---|
| YTD Return | 14.84% | 24.85% |
| 1Y Return | 22.43% | 34.72% |
| 3Y Return (Ann) | 5.71% | 12.27% |
| 5Y Return (Ann) | 11.14% | 11.25% |
| Sharpe Ratio | 1.91 | 2.41 |
| Daily Std Dev | 11.99% | 14.43% |
| Max Drawdown | -33.62% | -45.56% |
| Current Drawdown | -0.61% | 0.00% |
Correlation
The correlation between VWRA.L and GLD is 0.13, 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
VWRA.L vs. GLD - Performance Comparison
In the year-to-date period, VWRA.L achieves a 14.84% return, which is significantly lower than GLD's 24.85% 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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VWRA.L vs. GLD - Expense Ratio Comparison
VWRA.L has a 0.22% expense ratio, which is lower than GLD's 0.40% expense ratio.
Risk-Adjusted Performance
VWRA.L vs. GLD - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Vanguard FTSE All-World UCITS ETF USD Accumulating (VWRA.L) and SPDR Gold Trust (GLD). 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
VWRA.L vs. GLD - Dividend Comparison
Neither VWRA.L nor GLD has paid dividends to shareholders.
Drawdowns
VWRA.L vs. GLD - Drawdown Comparison
The maximum VWRA.L drawdown since its inception was -33.62%, smaller than the maximum GLD drawdown of -45.56%. Use the drawdown chart below to compare losses from any high point for VWRA.L and GLD. For additional features, visit the drawdowns tool.
Volatility
VWRA.L vs. GLD - Volatility Comparison
Vanguard FTSE All-World UCITS ETF USD Accumulating (VWRA.L) and SPDR Gold Trust (GLD) have volatilities of 3.64% and 3.82%, 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.