WMVG.L vs. AVGC.L

Last updated Apr 1, 2026

Compare and contrast key facts about iShares Edge MSCI World Minimum Volatility UCITS ETF GBP Hedged (Acc) (WMVG.L) and Avantis Global Equity UCITS ETF USD Accumulating (AVGC.L).

WMVG.L and AVGC.L are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. WMVG.L is a passively managed fund by iShares that tracks the performance of the MSCI World Minimum Volatility. It was launched on Feb 26, 2019. AVGC.L is a passively managed fund by Avantis that tracks the performance of the MSCI World IMI Index. It was launched on Sep 25, 2024. Both WMVG.L and AVGC.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.

Performance

WMVG.L vs. AVGC.L - Performance Comparison

The chart below illustrates the hypothetical performance of a £10,000 investment in iShares Edge MSCI World Minimum Volatility UCITS ETF GBP Hedged (Acc) (WMVG.L) and Avantis Global Equity UCITS ETF USD Accumulating (AVGC.L). The values are adjusted to include any dividend payments, if applicable.

WMVG.L vs. AVGC.L - Yearly Performance Comparison

	2026 (YTD)	2025
WMVG.L iShares Edge MSCI World Minimum Volatility UCITS ETF GBP Hedged (Acc)	0.10%	4.28%
AVGC.L Avantis Global Equity UCITS ETF USD Accumulating	0.90%	24.84%

Different Trading Currencies

WMVG.L is traded in GBP, while AVGC.L is traded in USD. To make them comparable, the AVGC.L values have been converted to GBP using the latest available exchange rates.

Returns By Period

In the year-to-date period, WMVG.L achieves a 0.10% return, which is significantly lower than AVGC.L's 0.90% return.

WMVG.L

• 1D: 0.04%
• 1M: -4.37%
• YTD: 0.10%
• 6M: 1.24%
• 1Y: 2.38%
• 3Y*: 9.74%
• 5Y*: 6.73%
• 10Y*: —

AVGC.L

• 1D: 0.54%
• 1M: -5.03%
• YTD: 0.90%
• 6M: 5.73%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

WMVG.L vs. AVGC.L - Expense Ratio Comparison

Both WMVG.L and AVGC.L have an expense ratio of 0.35%.

WMVG.L

iShares Edge MSCI World Minimum Volatility UCITS ETF GBP Hedged (Acc)

AVGC.L

Avantis Global Equity UCITS ETF USD Accumulating

Return for Risk

WMVG.L vs. AVGC.L — Risk / Return Rank

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

WMVG.L

WMVG.L Risk / Return Rank: 17
WMVG.L Sharpe Ratio Rank: 17
WMVG.L Sortino Ratio Rank: 16
WMVG.L Omega Ratio Rank: 17
WMVG.L Calmar Ratio Rank: 16
WMVG.L Martin Ratio Rank: 19

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.

WMVG.L vs. AVGC.L - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for iShares Edge MSCI World Minimum Volatility UCITS ETF GBP Hedged (Acc) (WMVG.L) and Avantis Global Equity UCITS ETF USD Accumulating (AVGC.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.

	WMVG.L	AVGC.L	Difference
Sharpe ratio Return per unit of total volatility	0.22	—	—
Sortino ratio Return per unit of downside risk	0.36	—	—
Omega ratio Gain probability vs. loss probability	1.06	—	—
Calmar ratio Return relative to maximum drawdown	0.20	—	—
Martin ratio Return relative to average drawdown	0.97	—	—
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

Sharpe Ratios by Period

	WMVG.L	AVGC.L	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	0.22	—	—
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.68	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.55	2.40	-1.85

Correlation

The correlation between WMVG.L and AVGC.L is 0.40, 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.

Dividends

WMVG.L vs. AVGC.L - Dividend Comparison

Neither WMVG.L nor AVGC.L has paid dividends to shareholders.

Tickers have no history of dividend payments

Drawdowns

WMVG.L vs. AVGC.L - Drawdown Comparison

The maximum WMVG.L drawdown since its inception was -28.25%, which is greater than AVGC.L's maximum drawdown of -6.12%. Use the drawdown chart below to compare losses from any high point for WMVG.L and AVGC.L.

Drawdown Indicators

	WMVG.L	AVGC.L	Difference
Max Drawdown Largest peak-to-trough decline	-28.25%	-7.96%	-20.29%
Max Drawdown (1Y) Largest decline over 1 year	-8.89%	—	—
Max Drawdown (5Y) Largest decline over 5 years	-15.18%	—	—
Current Drawdown Current decline from peak	-4.37%	-7.19%	+2.82%
Average Drawdown Average peak-to-trough decline	-4.13%	-1.01%	-3.12%
Ulcer Index Depth and duration of drawdowns from previous peaks	1.80%	—	—

Volatility

Volatility by Period

	WMVG.L	AVGC.L	Difference
Volatility (1M) Calculated over the trailing 1-month period	2.77%	—	—
Volatility (6M) Calculated over the trailing 6-month period	5.10%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	10.70%	11.73%	-1.03%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	9.97%	11.73%	-1.76%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	12.23%	11.73%	+0.50%