WGLD.DE vs. SWDA.L
Compare and contrast key facts about WisdomTree Core Physical Gold (WGLD.DE) and iShares Core MSCI World UCITS ETF USD (Acc) (SWDA.L).
WGLD.DE and SWDA.L are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. WGLD.DE is a passively managed fund by WisdomTree that tracks the performance of the Gold. It was launched on Nov 30, 2020. SWDA.L is a passively managed fund by iShares that tracks the performance of the MSCI ACWI NR USD. It was launched on Sep 25, 2009. Both WGLD.DE and SWDA.L 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: WGLD.DE or SWDA.L.
Key characteristics
| WGLD.DE | SWDA.L | |
|---|---|---|
| YTD Return | 23.85% | 11.61% |
| 1Y Return | 27.79% | 17.62% |
| 3Y Return (Ann) | 15.27% | 8.72% |
| Sharpe Ratio | 2.07 | 1.62 |
| Daily Std Dev | 13.42% | 10.46% |
| Max Drawdown | -12.99% | -25.58% |
| Current Drawdown | -0.54% | -1.69% |
Correlation
The correlation between WGLD.DE and SWDA.L is 0.18, 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
WGLD.DE vs. SWDA.L - Performance Comparison
In the year-to-date period, WGLD.DE achieves a 23.85% return, which is significantly higher than SWDA.L's 11.61% 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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WGLD.DE vs. SWDA.L - Expense Ratio Comparison
WGLD.DE has a 0.12% expense ratio, which is lower than SWDA.L's 0.20% 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%.
Risk-Adjusted Performance
WGLD.DE vs. SWDA.L - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for WisdomTree Core Physical Gold (WGLD.DE) and iShares Core MSCI World UCITS ETF USD (Acc) (SWDA.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.
Dividends
WGLD.DE vs. SWDA.L - Dividend Comparison
Neither WGLD.DE nor SWDA.L has paid dividends to shareholders.
Drawdowns
WGLD.DE vs. SWDA.L - Drawdown Comparison
The maximum WGLD.DE drawdown since its inception was -12.99%, smaller than the maximum SWDA.L drawdown of -25.58%. Use the drawdown chart below to compare losses from any high point for WGLD.DE and SWDA.L. For additional features, visit the drawdowns tool.
Volatility
WGLD.DE vs. SWDA.L - Volatility Comparison
The current volatility for WisdomTree Core Physical Gold (WGLD.DE) is 3.62%, while iShares Core MSCI World UCITS ETF USD (Acc) (SWDA.L) has a volatility of 4.26%. This indicates that WGLD.DE experiences smaller price fluctuations and is considered to be less risky than SWDA.L based on this measure. The chart below showcases a comparison of their rolling one-month volatility.