WQDS.L vs. CTY.L
WQDS.L (iShares MSCI World Quality Dividend ESG UCITS ETF USD (Dist)) is Global Equities fund tracking the MSCI World High Dividend Yield ESG Reduced Carbon Target Select Index, while CTY.L (The City of London Investment Trust plc) is a stock. Over the past 5 years, WQDS.L returned 13.76%/yr vs 12.29%/yr for CTY.L. A 0.66 correlation means they provide meaningful diversification when combined.
Performance
WQDS.L vs. CTY.L - Performance Comparison
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Returns By Period
In the year-to-date period, WQDS.L achieves a 15.10% return, which is significantly higher than CTY.L's 7.42% return.
WQDS.L
- 1D
- 0.14%
- 1M
- 7.68%
- YTD
- 15.10%
- 6M
- 15.33%
- 1Y
- 33.20%
- 3Y*
- 17.21%
- 5Y*
- 13.76%
- 10Y*
- —
CTY.L
- 1D
- -0.18%
- 1M
- 0.54%
- YTD
- 7.42%
- 6M
- 8.65%
- 1Y
- 20.09%
- 3Y*
- 16.14%
- 5Y*
- 12.29%
- 10Y*
- 8.72%
WQDS.L vs. CTY.L - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
WQDS.L iShares MSCI World Quality Dividend ESG UCITS ETF USD (Dist) | 15.10% | 16.53% | 12.46% | 11.62% | 4.66% | 18.72% | -2.56% | 19.86% | -1.40% | 2.29% |
CTY.L The City of London Investment Trust plc | 7.42% | 28.16% | 10.63% | 4.83% | 9.40% | 11.77% | -11.79% | 20.53% | -8.47% | 2.64% |
Correlation
The correlation between WQDS.L and CTY.L is 0.58, 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 | 0.58 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.59 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.62 |
Correlation (All Time) Calculated using the full available price history since Jun 15, 2017 | 0.66 |
The correlation between WQDS.L and CTY.L has been stable across timeframes, ranging from 0.58 to 0.66 - a consistent structural relationship.
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Return for Risk
WQDS.L vs. CTY.L — Risk / Return Rank
WQDS.L
CTY.L
WQDS.L vs. CTY.L - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for iShares MSCI World Quality Dividend ESG UCITS ETF USD (Dist) (WQDS.L) and The City of London Investment Trust plc (CTY.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.
| WQDS.L | CTY.L | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +1.63 | ||
| Sortino ratioReturn per unit of downside risk | +2.27 | ||
| Omega ratioGain probability vs. loss probability | 1.60 | 1.30 | +0.29 |
| Calmar ratioReturn relative to maximum drawdown | 4.90 | 2.05 | +2.85 |
| Martin ratioReturn relative to average drawdown | 18.20 | 6.98 | +11.23 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| WQDS.L | CTY.L | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 3.19 | 1.56 | +1.63 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 1.19 | 0.90 | +0.28 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | — | 0.55 | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.80 | 0.49 | +0.31 |
Drawdowns
WQDS.L vs. CTY.L - Drawdown Comparison
The maximum WQDS.L drawdown since its inception was -24.24%, smaller than the maximum CTY.L drawdown of -67.65%. Use the drawdown chart below to compare losses from any high point for WQDS.L and CTY.L.
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Drawdown Indicators
| WQDS.L | CTY.L | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -24.24% | -67.65% | +43.41% |
Max Drawdown (1Y)Largest decline over 1 year | -6.75% | -9.76% | +3.01% |
Max Drawdown (3Y)Largest decline over 3 years | -14.93% | -10.05% | -4.88% |
Max Drawdown (5Y)Largest decline over 5 years | -14.93% | -11.40% | -3.53% |
Max Drawdown (10Y)Largest decline over 10 years | — | -37.12% | — |
Current DrawdownCurrent decline from peak | 0.00% | -3.84% | +3.84% |
Average DrawdownAverage peak-to-trough decline | -2.87% | -9.42% | +6.55% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.82% | 2.87% | -1.05% |
Volatility
WQDS.L vs. CTY.L - Volatility Comparison
iShares MSCI World Quality Dividend ESG UCITS ETF USD (Dist) (WQDS.L) and The City of London Investment Trust plc (CTY.L) have volatilities of 3.09% and 3.21%, 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.
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Volatility by Period
| WQDS.L | CTY.L | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 3.09% | 3.21% | -0.12% |
Volatility (6M)Calculated over the trailing 6-month period | 7.72% | 10.86% | -3.14% |
Volatility (1Y)Calculated over the trailing 1-year period | 10.37% | 12.87% | -2.50% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 11.58% | 13.59% | -2.01% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 13.22% | 15.71% | -2.49% |
Dividends
WQDS.L vs. CTY.L - Dividend Comparison
WQDS.L's dividend yield for the trailing twelve months is around 2.90%, less than CTY.L's 3.93% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
CTY.L The City of London Investment Trust plc | 3.93% | 4.06% | 4.83% | 4.92% | 4.82% | 4.86% | 5.13% | 4.24% | 4.66% | 3.86% | 3.95% | 3.99% |
WQDS.L iShares MSCI World Quality Dividend ESG UCITS ETF USD (Dist) | 2.90% | 3.12% | 3.24% | 3.55% | 3.56% | 3.71% | 3.84% | 3.98% | 4.19% | 1.05% | 0.00% | 0.00% |
Frequently Asked Questions
WQDS.L and CTY.L have a correlation of 0.58, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
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