WPAD.AS vs. VSQYX
Compare and contrast key facts about iShares MSCI World Paris-Aligned Climate UCITS ETF (WPAD.AS) and Invesco MSCI World SRI Index Fund (VSQYX).
WPAD.AS is a passively managed fund by iShares that tracks the performance of the MSCI ACWI NR USD. It was launched on Feb 22, 2021. VSQYX is managed by Invesco. It was launched on Jun 30, 2016.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: WPAD.AS or VSQYX.
Key characteristics
| WPAD.AS | VSQYX | |
|---|---|---|
| YTD Return | 17.86% | 13.17% |
| 1Y Return | 31.04% | 24.73% |
| 3Y Return (Ann) | 10.96% | 4.06% |
| Sharpe Ratio | 2.34 | 1.86 |
| Sortino Ratio | 3.16 | 2.63 |
| Omega Ratio | 1.44 | 1.36 |
| Calmar Ratio | 2.13 | 2.65 |
| Martin Ratio | 12.79 | 12.08 |
| Ulcer Index | 2.85% | 2.39% |
| Daily Std Dev | 14.52% | 15.46% |
| Max Drawdown | -29.33% | -38.11% |
| Current Drawdown | -2.10% | -3.23% |
Correlation
The correlation between WPAD.AS and VSQYX is 0.29, 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
WPAD.AS vs. VSQYX - Performance Comparison
In the year-to-date period, WPAD.AS achieves a 17.86% return, which is significantly higher than VSQYX's 13.17% 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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WPAD.AS vs. VSQYX - Expense Ratio Comparison
WPAD.AS has a 0.20% expense ratio, which is higher than VSQYX's 0.19% expense ratio. However, 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
WPAD.AS vs. VSQYX - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for iShares MSCI World Paris-Aligned Climate UCITS ETF (WPAD.AS) and Invesco MSCI World SRI Index Fund (VSQYX). 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
WPAD.AS vs. VSQYX - Dividend Comparison
WPAD.AS's dividend yield for the trailing twelve months is around 1.11%, less than VSQYX's 2.67% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | |
|---|---|---|---|---|---|---|---|---|---|
WPAD.AS iShares MSCI World Paris-Aligned Climate UCITS ETF | 1.11% | 1.23% | 1.48% | 0.28% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
VSQYX Invesco MSCI World SRI Index Fund | 2.67% | 3.02% | 1.84% | 1.40% | 1.46% | 1.78% | 2.90% | 3.73% | 0.79% |
Drawdowns
WPAD.AS vs. VSQYX - Drawdown Comparison
The maximum WPAD.AS drawdown since its inception was -29.33%, smaller than the maximum VSQYX drawdown of -38.11%. Use the drawdown chart below to compare losses from any high point for WPAD.AS and VSQYX. For additional features, visit the drawdowns tool.
Volatility
WPAD.AS vs. VSQYX - Volatility Comparison
The current volatility for iShares MSCI World Paris-Aligned Climate UCITS ETF (WPAD.AS) is 2.72%, while Invesco MSCI World SRI Index Fund (VSQYX) has a volatility of 3.60%. This indicates that WPAD.AS experiences smaller price fluctuations and is considered to be less risky than VSQYX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.