WLDL.L vs. VINIX

Last updated Jun 5, 2026

WLDL.L (Lyxor MSCI World UCITS ETF - Dist) and VINIX (Vanguard Institutional Index Fund Institutional Shares) are both funds - WLDL.L is a Global Equities fund tracking the MSCI ACWI NR USD, while VINIX is a S&P 500 fund tracking the S&P 500 Index. Both are passively managed. Over the past 5 years, WLDL.L returned 13.12%/yr vs 15.36%/yr for VINIX. At a 0.41 correlation, their price movements are largely independent. WLDL.L charges 0.30%/yr vs 0.04%/yr for VINIX.

Performance

WLDL.L vs. VINIX - Performance Comparison

The chart below illustrates the hypothetical performance of a £10,000 investment in Lyxor MSCI World UCITS ETF - Dist (WLDL.L) and Vanguard Institutional Index Fund Institutional Shares (VINIX). The values are adjusted to include any dividend payments, if applicable.

Different Trading Currencies

WLDL.L is traded in GBp, while VINIX is traded in USD. To make them comparable, the VINIX values have been converted to GBp using the latest available exchange rates.

Returns By Period

In the year-to-date period, WLDL.L achieves a 10.10% return, which is significantly lower than VINIX's 11.76% return.

WLDL.L

• 1D: 0.04%
• 1M: 3.80%
• YTD: 10.10%
• 6M: 9.98%
• 1Y: 27.12%
• 3Y*: 17.72%
• 5Y*: 13.12%
• 10Y*: —

VINIX

• 1D: 0.39%
• 1M: 4.41%
• YTD: 11.76%
• 6M: 10.26%
• 1Y: 30.65%
• 3Y*: 20.00%
• 5Y*: 15.36%
• 10Y*: 16.48%

*Multi-year figures are annualized to reflect compound growth (CAGR)

WLDL.L vs. VINIX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
WLDL.L Lyxor MSCI World UCITS ETF - Dist	10.10%	12.59%	21.18%	18.07%	-8.98%	24.03%	11.65%	27.40%	-6.60%	1.88%
VINIX Vanguard Institutional Index Fund Institutional Shares	11.76%	9.45%	28.48%	19.48%	-8.42%	29.89%	14.92%	26.46%	1.24%	1.69%

Correlation

The correlation between WLDL.L and VINIX is 0.65, 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	0.65
Correlation (3Y) Calculated over the trailing 3-year period	0.53
Correlation (5Y) Calculated over the trailing 5-year period	0.47
Correlation (All Time) Calculated using the full available price history since Oct 23, 2017	0.41

Over the past year, WLDL.L and VINIX have become more correlated (0.65) than their long-term average of 0.41, meaning their price movements have been converging.

WLDL.L vs. VINIX - Sectors Allocation Comparison

Sectors	WLDL.L	VINIX
Technology	28.3%	35.7%
Financial Services	15.7%	11.6%
Industrials	11.4%	8.3%
Consumer Cyclical	9.3%	10.2%
Communication Services	9.3%	11.3%
Healthcare	8.8%	8.5%
Consumer Defensive	5.2%	4.9%
Energy	4.2%	3.5%
Basic Materials	3.3%	1.8%
Utilities	2.7%	2.4%
Real Estate	1.9%	1.9%

Return for Risk

WLDL.L vs. VINIX — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

WLDL.L

WLDL.L Risk / Return Rank: 88
WLDL.L Sharpe Ratio Rank: 89
WLDL.L Sortino Ratio Rank: 89
WLDL.L Omega Ratio Rank: 89
WLDL.L Calmar Ratio Rank: 84
WLDL.L Martin Ratio Rank: 87

VINIX

VINIX Risk / Return Rank: 73
VINIX Sharpe Ratio Rank: 73
VINIX Sortino Ratio Rank: 66
VINIX Omega Ratio Rank: 66
VINIX Calmar Ratio Rank: 74
VINIX Martin Ratio Rank: 84

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

WLDL.L vs. VINIX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Lyxor MSCI World UCITS ETF - Dist (WLDL.L) and Vanguard Institutional Index Fund Institutional Shares (VINIX). 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.

	WLDL.L	VINIX	Difference
Sharpe ratio: Return per unit of total volatility	2.95	2.60	+0.36
Sortino ratio: Return per unit of downside risk	4.08	3.36	+0.71
Omega ratio: Gain probability vs. loss probability	1.56	1.49	+0.07
Calmar ratio: Return relative to maximum drawdown	4.54	3.96	+0.58
Martin ratio: Return relative to average drawdown	18.52	15.28	+3.24
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

WLDL.L vs. VINIX - Sharpe Ratio Comparison

The current WLDL.L Sharpe Ratio is 2.95, which is comparable to the VINIX Sharpe Ratio of 2.60. The chart below compares the historical Sharpe Ratios of WLDL.L and VINIX, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Sharpe Ratios by Period

	WLDL.L	VINIX	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	2.95	2.60	+0.36
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	1.12	0.97	+0.15
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	—	0.91	—
Sharpe Ratio (All Time) Calculated using the full available price history	1.04	0.69	+0.35

Drawdowns

WLDL.L vs. VINIX - Drawdown Comparison

The maximum WLDL.L drawdown since its inception was -24.76%, smaller than the maximum VINIX drawdown of -34.80%. Use the drawdown chart below to compare losses from any high point for WLDL.L and VINIX.

Drawdown Indicators

	WLDL.L	VINIX	Difference
Max Drawdown Largest peak-to-trough decline	-24.76%	-34.80%	+10.04%
Max Drawdown (1Y) Largest decline over 1 year	-6.59%	-7.55%	+0.96%
Max Drawdown (3Y) Largest decline over 3 years	-18.91%	-21.90%	+2.99%
Max Drawdown (5Y) Largest decline over 5 years	-18.91%	-21.90%	+2.99%
Max Drawdown (10Y) Largest decline over 10 years	—	-25.86%	—
Current Drawdown Current decline from peak	-0.13%	0.00%	-0.13%
Average Drawdown Average peak-to-trough decline	-3.17%	-4.76%	+1.59%
Ulcer Index Depth and duration of drawdowns from previous peaks	1.58%	1.95%	-0.37%

Volatility

WLDL.L vs. VINIX - Volatility Comparison

Lyxor MSCI World UCITS ETF - Dist (WLDL.L) and Vanguard Institutional Index Fund Institutional Shares (VINIX) have volatilities of 2.52% and 2.60%, 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.

Volatility by Period

	WLDL.L	VINIX	Difference
Volatility (1M) Calculated over the trailing 1-month period	2.52%	2.60%	-0.08%
Volatility (6M) Calculated over the trailing 6-month period	7.27%	8.20%	-0.93%
Volatility (1Y) Calculated over the trailing 1-year period	10.13%	11.52%	-1.39%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	15.30%	15.85%	-0.55%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	18.50%	18.15%	+0.35%

WLDL.L vs. VINIX - Expense Ratio Comparison

WLDL.L has a 0.30% expense ratio, which is higher than VINIX's 0.04% expense ratio.

Dividends

WLDL.L vs. VINIX - Dividend Comparison

WLDL.L's dividend yield for the trailing twelve months is around 1.15%, less than VINIX's 2.40% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
VINIX Vanguard Institutional Index Fund Institutional Shares	2.40%	2.10%	3.64%	2.65%	3.38%	4.77%	3.06%	2.85%	2.43%	1.82%	2.36%	2.45%
WLDL.L Lyxor MSCI World UCITS ETF - Dist	1.15%	1.26%	1.61%	1.34%	1.90%	1.34%	1.58%	1.57%	2.41%	0.69%	0.00%	0.00%

Frequently Asked Questions

Can I hold both WLDL.L and VINIX in my portfolio?

WLDL.L and VINIX have a correlation of 0.65, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.