WUTI.AS vs. IWFV.L

Last updated Jun 5, 2026

WUTI.AS (SPDR MSCI World Utilities UCITS ETF) and IWFV.L (iShares Edge MSCI World Value Factor UCITS ETF) are both exchange-traded funds - WUTI.AS is a Utilities Equities fund tracking the MSCI World/Utilities NR USD, while IWFV.L is a Global Equities fund tracking the MSCI ACWI Value NR USD. Both are passively managed. Over the past 10 years, WUTI.AS returned 8.29%/yr vs 12.61%/yr for IWFV.L. At a 0.39 correlation, their price movements are largely independent. Both charge a 0.30% expense ratio.

Performance

WUTI.AS vs. IWFV.L - Performance Comparison

The chart below illustrates the hypothetical performance of a €10,000 investment in SPDR MSCI World Utilities UCITS ETF (WUTI.AS) and iShares Edge MSCI World Value Factor UCITS ETF (IWFV.L). The values are adjusted to include any dividend payments, if applicable.

Different Trading Currencies

WUTI.AS is traded in EUR, while IWFV.L is traded in GBp. To make them comparable, the IWFV.L values have been converted to EUR using the latest available exchange rates.

Returns By Period

In the year-to-date period, WUTI.AS achieves a 5.41% return, which is significantly lower than IWFV.L's 35.72% return. Over the past 10 years, WUTI.AS has underperformed IWFV.L with an annualized return of 8.29%, while IWFV.L has yielded a comparatively higher 12.61% annualized return.

WUTI.AS

• 1D: -1.57%
• 1M: -5.07%
• YTD: 5.41%
• 6M: 4.50%
• 1Y: 12.22%
• 3Y*: 11.62%
• 5Y*: 9.79%
• 10Y*: 8.29%

IWFV.L

• 1D: -0.80%
• 1M: 13.01%
• YTD: 35.72%
• 6M: 38.67%
• 1Y: 63.41%
• 3Y*: 26.77%
• 5Y*: 17.33%
• 10Y*: 12.61%

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

WUTI.AS vs. IWFV.L - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
WUTI.AS SPDR MSCI World Utilities UCITS ETF	5.41%	11.17%	20.70%	-3.59%	2.39%	19.69%	-4.50%	24.65%	7.03%	-0.04%
IWFV.L iShares Edge MSCI World Value Factor UCITS ETF	35.72%	23.87%	12.00%	15.41%	-4.26%	29.51%	-11.97%	21.98%	-10.46%	7.62%

Correlation

The correlation between WUTI.AS and IWFV.L is 0.24, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.24
Correlation (3Y) Calculated over the trailing 3-year period	0.32
Correlation (5Y) Calculated over the trailing 5-year period	0.37
Correlation (10Y) Calculated over the trailing 10-year period	0.39
Correlation (All Time) Calculated using the full available price history since Oct 7, 2014	0.39

The correlation between WUTI.AS and IWFV.L shifts across timeframes, from 0.24 (1 year) to 0.39 (10 years), reflecting how their relationship changes across market environments.

Return for Risk

WUTI.AS vs. IWFV.L — Risk / Return Rank

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

WUTI.AS

WUTI.AS Risk / Return Rank: 29
WUTI.AS Sharpe Ratio Rank: 28
WUTI.AS Sortino Ratio Rank: 27
WUTI.AS Omega Ratio Rank: 26
WUTI.AS Calmar Ratio Rank: 35
WUTI.AS Martin Ratio Rank: 31

IWFV.L

IWFV.L Risk / Return Rank: 97
IWFV.L Sharpe Ratio Rank: 98
IWFV.L Sortino Ratio Rank: 98
IWFV.L Omega Ratio Rank: 97
IWFV.L Calmar Ratio Rank: 96
IWFV.L Martin Ratio Rank: 96

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.

WUTI.AS vs. IWFV.L - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for SPDR MSCI World Utilities UCITS ETF (WUTI.AS) and iShares Edge MSCI World Value Factor UCITS ETF (IWFV.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.

	WUTI.AS	IWFV.L	Difference
Sharpe ratio: Return per unit of total volatility	0.99	4.51	-3.52
Sortino ratio: Return per unit of downside risk	1.42	6.28	-4.85
Omega ratio: Gain probability vs. loss probability	1.17	1.82	-0.65
Calmar ratio: Return relative to maximum drawdown	1.68	9.82	-8.15
Martin ratio: Return relative to average drawdown	4.58	38.26	-33.68
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

WUTI.AS vs. IWFV.L - Sharpe Ratio Comparison

The current WUTI.AS Sharpe Ratio is 0.99, which is lower than the IWFV.L Sharpe Ratio of 4.51. The chart below compares the historical Sharpe Ratios of WUTI.AS and IWFV.L, 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

	WUTI.AS	IWFV.L	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	0.99	4.51	-3.52
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.68	1.24	-0.56
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.50	0.79	-0.29
Sharpe Ratio (All Time) Calculated using the full available price history	0.42	0.67	-0.25

Drawdowns

WUTI.AS vs. IWFV.L - Drawdown Comparison

The maximum WUTI.AS drawdown since its inception was -33.51%, roughly equal to the maximum IWFV.L drawdown of -35.23%. Use the drawdown chart below to compare losses from any high point for WUTI.AS and IWFV.L.

Drawdown Indicators

	WUTI.AS	IWFV.L	Difference
Max Drawdown Largest peak-to-trough decline	-33.51%	-35.23%	+1.72%
Max Drawdown (1Y) Largest decline over 1 year	-7.21%	-6.42%	-0.79%
Max Drawdown (3Y) Largest decline over 3 years	-12.60%	-16.72%	+4.12%
Max Drawdown (5Y) Largest decline over 5 years	-22.99%	-16.72%	-6.27%
Max Drawdown (10Y) Largest decline over 10 years	-33.51%	-35.23%	+1.72%
Current Drawdown Current decline from peak	-7.14%	-0.80%	-6.34%
Average Drawdown Average peak-to-trough decline	-7.59%	-5.80%	-1.79%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.65%	1.65%	+1.00%

Volatility

WUTI.AS vs. IWFV.L - Volatility Comparison

The current volatility for SPDR MSCI World Utilities UCITS ETF (WUTI.AS) is 4.31%, while iShares Edge MSCI World Value Factor UCITS ETF (IWFV.L) has a volatility of 5.40%. This indicates that WUTI.AS experiences smaller price fluctuations and is considered to be less risky than IWFV.L based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	WUTI.AS	IWFV.L	Difference
Volatility (1M) Calculated over the trailing 1-month period	4.31%	5.40%	-1.09%
Volatility (6M) Calculated over the trailing 6-month period	9.99%	11.42%	-1.43%
Volatility (1Y) Calculated over the trailing 1-year period	12.17%	14.00%	-1.83%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	14.14%	13.94%	+0.20%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	16.42%	15.98%	+0.44%

WUTI.AS vs. IWFV.L - Expense Ratio Comparison

Both WUTI.AS and IWFV.L have an expense ratio of 0.30%.

Dividends

WUTI.AS vs. IWFV.L - Dividend Comparison

Neither WUTI.AS nor IWFV.L has paid dividends to shareholders.

Tickers have no history of dividend payments

Frequently Asked Questions

Can I hold both WUTI.AS and IWFV.L in my portfolio?

WUTI.AS and IWFV.L have a correlation of 0.24, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, WUTI.AS or IWFV.L?

Both ETFs have the same 0.30% expense ratio. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, WUTI.AS or IWFV.L?

WUTI.AS and IWFV.L have the same expense ratio: 0.30% per year.

What is the main difference between WUTI.AS and IWFV.L?

WUTI.AS is categorized as Utilities Equities, while IWFV.L is Global Equities. WUTI.AS tracks MSCI World/Utilities NR USD, while IWFV.L tracks MSCI ACWI Value NR USD. They also come from different issuers: State Street and iShares.