WEBNF vs. FWRA.L
WEBNF (Westpac Banking Corp) is a stock, while FWRA.L (Invesco FTSE All-World UCITS ETF USD Accumulation) is Global Equities fund tracking the FTSE All-World Index. Over the past 3 years, WEBNF returned 27.01%/yr vs 18.96%/yr for FWRA.L. At a 0.21 correlation, their price movements are largely independent.
Performance
WEBNF vs. FWRA.L - Performance Comparison
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Returns By Period
In the year-to-date period, WEBNF achieves a 1.39% return, which is significantly lower than FWRA.L's 10.70% return.
WEBNF
- 1D
- 0.00%
- 1M
- 2.04%
- 6M
- 2.12%
- YTD
- 1.39%
- 1Y
- 15.75%
- 3Y*
- 27.01%
- 5Y*
- 13.65%
- 10Y*
- 14.22%
FWRA.L
- 1D
- -0.53%
- 1M
- 0.54%
- 6M
- 8.51%
- YTD
- 10.70%
- 1Y
- 23.31%
- 3Y*
- 18.96%
- 5Y*
- —
- 10Y*
- —
WEBNF vs. FWRA.L - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | |
|---|---|---|---|---|
WEBNF Westpac Banking Corp | 1.39% | 39.75% | 34.48% | 12.69% |
FWRA.L Invesco FTSE All-World UCITS ETF USD Accumulation | 10.70% | 22.42% | 18.04% | 10.02% |
Correlation
The correlation between WEBNF and FWRA.L is 0.27, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.27 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.21 |
Correlation (All Time) Calculated using the full available price history since Jun 26, 2023 | 0.21 |
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Return for Risk
WEBNF vs. FWRA.L — Risk / Return Rank
WEBNF
FWRA.L
WEBNF vs. FWRA.L - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Westpac Banking Corp (WEBNF) and Invesco FTSE All-World UCITS ETF USD Accumulation (FWRA.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.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| WEBNF | FWRA.L | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -1.48 | ||
| Sortino ratioReturn per unit of downside risk | -1.92 | ||
| Omega ratioGain probability vs. loss probability | 1.11 | 1.34 | -0.22 |
| Calmar ratioReturn relative to maximum drawdown | 0.73 | 2.66 | -1.93 |
| Martin ratioReturn relative to average drawdown | 1.69 | 10.60 | -8.91 |
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Drawdowns
WEBNF vs. FWRA.L - Drawdown Comparison
The maximum WEBNF drawdown since its inception was -66.96%, which is greater than FWRA.L's maximum drawdown of -16.50%. Use the drawdown chart below to compare losses from any high point for WEBNF and FWRA.L.
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Drawdown Indicators
| WEBNF | FWRA.L | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -66.96% | -16.50% | -50.46% |
Max Drawdown (1Y)Largest decline over 1 year | -21.82% | -8.78% | -13.04% |
Max Drawdown (3Y)Largest decline over 3 years | -23.44% | -16.50% | -6.94% |
Max Drawdown (5Y)Largest decline over 5 years | -25.95% | — | — |
Max Drawdown (10Y)Largest decline over 10 years | -61.21% | — | — |
Current DrawdownCurrent decline from peak | -16.58% | -1.48% | -15.10% |
Average DrawdownAverage peak-to-trough decline | -21.01% | -1.92% | -19.09% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 9.38% | 2.20% | +7.18% |
Volatility
WEBNF vs. FWRA.L - Volatility Comparison
Westpac Banking Corp (WEBNF) has a higher volatility of 13.30% compared to Invesco FTSE All-World UCITS ETF USD Accumulation (FWRA.L) at 3.54%. This indicates that WEBNF's price experiences larger fluctuations and is considered to be riskier than FWRA.L based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| WEBNF | FWRA.L | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 13.30% | 3.54% | +9.76% |
Volatility (6M)Calculated over the trailing 6-month period | 33.33% | 10.62% | +22.71% |
Volatility (1Y)Calculated over the trailing 1-year period | 48.34% | 12.91% | +35.43% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 41.67% | 13.62% | +28.05% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 39.17% | 13.62% | +25.55% |
Dividends
WEBNF vs. FWRA.L - Dividend Comparison
Neither WEBNF nor FWRA.L has paid dividends to shareholders.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 |
|---|---|---|---|---|---|---|---|---|---|---|
FWRA.L Invesco FTSE All-World UCITS ETF USD Accumulation | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
WEBNF Westpac Banking Corp | 0.00% | 2.78% | 8.39% | 8.91% | 7.82% | 42.62% | 3.83% | 14.51% | 19.31% | 16.01% |
Frequently Asked Questions
WEBNF and FWRA.L have a correlation of 0.27, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
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