WLDS.L vs. RWJ
Compare and contrast key facts about iShares MSCI World Small Cap UCITS ETF (WLDS.L) and Invesco S&P SmallCap 600 Revenue ETF (RWJ).
WLDS.L and RWJ are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. WLDS.L is a passively managed fund by iShares that tracks the performance of the MSCI World Small Cap Inde. It was launched on Mar 27, 2018. RWJ is a passively managed fund by Invesco that tracks the performance of the S&P SmallCap 600 Revenue-Weighted Index. It was launched on Feb 22, 2008. Both WLDS.L and RWJ 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: WLDS.L or RWJ.
Performance
WLDS.L vs. RWJ - Performance Comparison
Returns By Period
In the year-to-date period, WLDS.L achieves a 9.72% return, which is significantly lower than RWJ's 14.23% return.
WLDS.L
9.72%
1.81%
6.38%
-2.11%
8.20%
N/A
RWJ
14.23%
1.03%
12.16%
31.15%
17.77%
11.00%
Key characteristics
| WLDS.L | RWJ | |
|---|---|---|
| Sharpe Ratio | 1.53 | 1.29 |
| Sortino Ratio | 2.21 | 1.97 |
| Omega Ratio | 1.28 | 1.23 |
| Calmar Ratio | 1.05 | 1.96 |
| Martin Ratio | 7.62 | 7.12 |
| Ulcer Index | 2.68% | 3.99% |
| Daily Std Dev | 31.85% | 21.92% |
| Max Drawdown | -33.26% | -55.97% |
| Current Drawdown | -2.11% | -3.80% |
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WLDS.L vs. RWJ - Expense Ratio Comparison
WLDS.L has a 0.35% expense ratio, which is lower than RWJ's 0.39% expense ratio.
Correlation
The correlation between WLDS.L and RWJ is 0.62, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.
Risk-Adjusted Performance
WLDS.L vs. RWJ - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for iShares MSCI World Small Cap UCITS ETF (WLDS.L) and Invesco S&P SmallCap 600 Revenue ETF (RWJ). 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
WLDS.L vs. RWJ - Dividend Comparison
WLDS.L has not paid dividends to shareholders, while RWJ's dividend yield for the trailing twelve months is around 1.24%.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
WLDS.L iShares MSCI World Small Cap UCITS ETF | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
RWJ Invesco S&P SmallCap 600 Revenue ETF | 1.24% | 1.34% | 1.02% | 0.61% | 0.89% | 1.22% | 1.44% | 0.91% | 0.60% | 0.74% | 0.57% | 1.27% |
Drawdowns
WLDS.L vs. RWJ - Drawdown Comparison
The maximum WLDS.L drawdown since its inception was -33.26%, smaller than the maximum RWJ drawdown of -55.97%. Use the drawdown chart below to compare losses from any high point for WLDS.L and RWJ. For additional features, visit the drawdowns tool.
Volatility
WLDS.L vs. RWJ - Volatility Comparison
The current volatility for iShares MSCI World Small Cap UCITS ETF (WLDS.L) is 4.36%, while Invesco S&P SmallCap 600 Revenue ETF (RWJ) has a volatility of 7.91%. This indicates that WLDS.L experiences smaller price fluctuations and is considered to be less risky than RWJ based on this measure. The chart below showcases a comparison of their rolling one-month volatility.