VWRP.L vs. FWIA.DE
VWRP.L (Vanguard FTSE All-World UCITS ETF (USD) Accumulating) and FWIA.DE (Invesco FTSE All-World UCITS ETF Acc) are both Global Equities funds - VWRP.L tracks the FTSE All-World Index while FWIA.DE tracks the FTSE All-World. Both are passively managed. Over the past year, VWRP.L returned 29.91% vs 29.99% for FWIA.DE. Their correlation of 0.91 suggests significant overlap in exposure. VWRP.L charges 0.22%/yr vs 0.15%/yr for FWIA.DE.
Performance
VWRP.L vs. FWIA.DE - Performance Comparison
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Different Trading Currencies
VWRP.L is traded in GBP, while FWIA.DE is traded in EUR. To make them comparable, the FWIA.DE values have been converted to GBP using the latest available exchange rates.
Returns By Period
The year-to-date returns for both stocks are quite close, with VWRP.L having a 11.92% return and FWIA.DE slightly lower at 11.71%.
VWRP.L
- 1D
- -0.03%
- 1M
- 5.32%
- YTD
- 11.92%
- 6M
- 12.40%
- 1Y
- 29.91%
- 3Y*
- 17.99%
- 5Y*
- 12.46%
- 10Y*
- —
FWIA.DE
- 1D
- -0.10%
- 1M
- 5.22%
- YTD
- 11.71%
- 6M
- 12.23%
- 1Y
- 29.99%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
VWRP.L vs. FWIA.DE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | |
|---|---|---|---|---|
VWRP.L Vanguard FTSE All-World UCITS ETF (USD) Accumulating | 11.92% | 13.94% | 19.60% | 7.53% |
FWIA.DE Invesco FTSE All-World UCITS ETF Acc | 11.71% | 14.69% | 19.26% | 8.42% |
Correlation
The correlation between VWRP.L and FWIA.DE is 0.94, 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 | 0.94 |
Correlation (All Time) Calculated using the full available price history since Jun 30, 2023 | 0.91 |
The correlation between VWRP.L and FWIA.DE has been stable across timeframes, ranging from 0.91 to 0.94 - a consistent structural relationship.
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Return for Risk
VWRP.L vs. FWIA.DE — Risk / Return Rank
VWRP.L
FWIA.DE
VWRP.L vs. FWIA.DE - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Vanguard FTSE All-World UCITS ETF (USD) Accumulating (VWRP.L) and Invesco FTSE All-World UCITS ETF Acc (FWIA.DE). 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.
| VWRP.L | FWIA.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.08 | ||
| Sortino ratioReturn per unit of downside risk | +0.10 | ||
| Omega ratioGain probability vs. loss probability | 1.55 | 1.52 | +0.03 |
| Calmar ratioReturn relative to maximum drawdown | 4.20 | 4.22 | -0.02 |
| Martin ratioReturn relative to average drawdown | 17.06 | 16.74 | +0.32 |
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
| VWRP.L | FWIA.DE | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 2.87 | 2.79 | +0.08 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.97 | — | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.82 | 1.50 | -0.68 |
Drawdowns
VWRP.L vs. FWIA.DE - Drawdown Comparison
The maximum VWRP.L drawdown since its inception was -25.10%, which is greater than FWIA.DE's maximum drawdown of -19.06%. Use the drawdown chart below to compare losses from any high point for VWRP.L and FWIA.DE.
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Drawdown Indicators
| VWRP.L | FWIA.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -25.10% | -19.06% | -6.04% |
Max Drawdown (1Y)Largest decline over 1 year | -7.10% | -7.08% | -0.02% |
Max Drawdown (3Y)Largest decline over 3 years | -17.64% | — | — |
Max Drawdown (5Y)Largest decline over 5 years | -17.64% | — | — |
Current DrawdownCurrent decline from peak | -0.46% | -0.42% | -0.04% |
Average DrawdownAverage peak-to-trough decline | -3.39% | -2.00% | -1.39% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.75% | 1.79% | -0.04% |
Volatility
VWRP.L vs. FWIA.DE - Volatility Comparison
Vanguard FTSE All-World UCITS ETF (USD) Accumulating (VWRP.L) and Invesco FTSE All-World UCITS ETF Acc (FWIA.DE) have volatilities of 2.95% and 3.09%, 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
| VWRP.L | FWIA.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 2.95% | 3.09% | -0.14% |
Volatility (6M)Calculated over the trailing 6-month period | 7.68% | 7.90% | -0.22% |
Volatility (1Y)Calculated over the trailing 1-year period | 10.37% | 10.70% | -0.33% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 12.87% | 12.45% | +0.42% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 14.96% | 12.45% | +2.51% |
VWRP.L vs. FWIA.DE - Expense Ratio Comparison
VWRP.L has a 0.22% expense ratio, which is higher than FWIA.DE's 0.15% 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%.
Dividends
VWRP.L vs. FWIA.DE - Dividend Comparison
Neither VWRP.L nor FWIA.DE has paid dividends to shareholders.
Frequently Asked Questions
With a correlation of 0.94, VWRP.L and FWIA.DE move almost identically. Holding both adds very little diversification - you're essentially doubling your position in the same market segment. Choosing one is usually more capital-efficient.
On fees, FWIA.DE is cheaper at 0.15% per year. The better choice depends on whether you care most about return, fees, risk, or income.
FWIA.DE is cheaper with a 0.15% expense ratio, compared with 0.22% for VWRP.L.
VWRP.L tracks FTSE All-World Index, while FWIA.DE tracks FTSE All-World. They also come from different issuers: Vanguard and Invesco. Their fees differ too: 0.22% for VWRP.L and 0.15% for FWIA.DE.
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