WINC.L vs. VHYL.L
WINC.L (iShares World Equity High Income Active UCITS ETF USD (Dist)) and VHYL.L (Vanguard FTSE All-World High Dividend Yield UCITS ETF USD Distributing) are both Dividend funds. WINC.L is actively managed, while VHYL.L is passively managed. Over the past year, WINC.L returned 20.73% vs 25.74% for VHYL.L. A 0.65 correlation means they provide meaningful diversification when combined. WINC.L charges 0.35%/yr vs 0.29%/yr for VHYL.L.
Performance
WINC.L vs. VHYL.L - Performance Comparison
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Returns By Period
In the year-to-date period, WINC.L achieves a 9.72% return, which is significantly lower than VHYL.L's 13.32% return.
WINC.L
- 1D
- -1.62%
- 1M
- -1.00%
- 6M
- 7.47%
- YTD
- 9.72%
- 1Y
- 20.73%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
VHYL.L
- 1D
- 0.04%
- 1M
- -0.25%
- 6M
- 9.49%
- YTD
- 13.32%
- 1Y
- 25.74%
- 3Y*
- 16.86%
- 5Y*
- 12.12%
- 10Y*
- 9.76%
WINC.L vs. VHYL.L - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | |
|---|---|---|---|
WINC.L iShares World Equity High Income Active UCITS ETF USD (Dist) | 9.72% | 11.87% | 9.73% |
VHYL.L Vanguard FTSE All-World High Dividend Yield UCITS ETF USD Distributing | 13.32% | 18.23% | 5.14% |
Correlation
The correlation between WINC.L and VHYL.L is 0.64, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.64 |
Correlation (All Time) Calculated using the full available price history since Mar 27, 2024 | 0.65 |
The correlation between WINC.L and VHYL.L has been stable across timeframes, ranging from 0.64 to 0.65 - a consistent structural relationship.
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Return for Risk
WINC.L vs. VHYL.L — Risk / Return Rank
WINC.L
VHYL.L
WINC.L vs. VHYL.L - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for iShares World Equity High Income Active UCITS ETF USD (Dist) (WINC.L) and Vanguard FTSE All-World High Dividend Yield UCITS ETF USD Distributing (VHYL.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.
| WINC.L | VHYL.L | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.96 | ||
| Sortino ratioReturn per unit of downside risk | -1.17 | ||
| Omega ratioGain probability vs. loss probability | 1.37 | 1.57 | -0.20 |
| Calmar ratioReturn relative to maximum drawdown | 3.85 | 3.69 | +0.16 |
| Martin ratioReturn relative to average drawdown | 14.26 | 13.31 | +0.95 |
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Drawdowns
WINC.L vs. VHYL.L - Drawdown Comparison
The maximum WINC.L drawdown since its inception was -16.51%, smaller than the maximum VHYL.L drawdown of -27.87%. Use the drawdown chart below to compare losses from any high point for WINC.L and VHYL.L.
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Drawdown Indicators
| WINC.L | VHYL.L | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -16.51% | -27.87% | +11.36% |
Max Drawdown (1Y)Largest decline over 1 year | -5.36% | -6.95% | +1.59% |
Max Drawdown (3Y)Largest decline over 3 years | — | -12.79% | — |
Max Drawdown (5Y)Largest decline over 5 years | — | -12.79% | — |
Max Drawdown (10Y)Largest decline over 10 years | — | -27.87% | — |
Current DrawdownCurrent decline from peak | -1.67% | -0.51% | -1.16% |
Average DrawdownAverage peak-to-trough decline | -2.06% | -3.58% | +1.52% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.45% | 1.93% | -0.48% |
Volatility
WINC.L vs. VHYL.L - Volatility Comparison
iShares World Equity High Income Active UCITS ETF USD (Dist) (WINC.L) has a higher volatility of 3.60% compared to Vanguard FTSE All-World High Dividend Yield UCITS ETF USD Distributing (VHYL.L) at 1.92%. This indicates that WINC.L's price experiences larger fluctuations and is considered to be riskier than VHYL.L based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| WINC.L | VHYL.L | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 3.60% | 1.92% | +1.68% |
Volatility (6M)Calculated over the trailing 6-month period | 7.42% | 6.95% | +0.47% |
Volatility (1Y)Calculated over the trailing 1-year period | 10.25% | 8.65% | +1.60% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 11.63% | 10.76% | +0.87% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 11.63% | 12.99% | -1.36% |
WINC.L vs. VHYL.L - Expense Ratio Comparison
WINC.L has a 0.35% expense ratio, which is higher than VHYL.L's 0.29% expense ratio.
Dividends
WINC.L vs. VHYL.L - Dividend Comparison
WINC.L's dividend yield for the trailing twelve months is around 9.95%, more than VHYL.L's 2.53% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
VHYL.L Vanguard FTSE All-World High Dividend Yield UCITS ETF USD Distributing | 2.53% | 2.79% | 3.08% | 3.37% | 3.67% | 3.08% | 3.28% | 3.34% | 3.63% | 3.09% | 2.88% | 3.20% |
WINC.L iShares World Equity High Income Active UCITS ETF USD (Dist) | 9.95% | 9.75% | 4.72% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Frequently Asked Questions
WINC.L and VHYL.L have a correlation of 0.64, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, VHYL.L is cheaper at 0.29% per year. The better choice depends on whether you care most about return, fees, risk, or income.
VHYL.L is cheaper with a 0.29% expense ratio, compared with 0.35% for WINC.L.
They also come from different issuers: iShares and Vanguard. Their fees differ too: 0.35% for WINC.L and 0.29% for VHYL.L.
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