WUTI.L vs. ACWD.L

Last updated Jun 5, 2026

WUTI.L (SPDR MSCI World Utilits UCITS ETF) and ACWD.L (SPDR MSCI All Country World UCITS ETF) are both exchange-traded funds - WUTI.L is a Utilities Equities fund tracking the MSCI World/Utilities NR USD, while ACWD.L is a Global Equities fund tracking the MSCI ACWI Index. Both are passively managed. Over the past 10 years, WUTI.L returned 8.54%/yr vs 12.65%/yr for ACWD.L. At a 0.47 correlation, their price movements are largely independent. WUTI.L charges 0.30%/yr vs 0.12%/yr for ACWD.L.

Performance

WUTI.L vs. ACWD.L - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in SPDR MSCI World Utilits UCITS ETF (WUTI.L) and SPDR MSCI All Country World UCITS ETF (ACWD.L). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, WUTI.L achieves a 4.38% return, which is significantly lower than ACWD.L's 11.54% return. Over the past 10 years, WUTI.L has underperformed ACWD.L with an annualized return of 8.54%, while ACWD.L has yielded a comparatively higher 12.65% annualized return.

WUTI.L

• 1D: -1.24%
• 1M: -5.68%
• YTD: 4.38%
• 6M: 3.86%
• 1Y: 14.75%
• 3Y*: 14.64%
• 5Y*: 8.80%
• 10Y*: 8.54%

ACWD.L

• 1D: -0.03%
• 1M: 4.32%
• YTD: 11.54%
• 6M: 13.01%
• 1Y: 28.98%
• 3Y*: 21.24%
• 5Y*: 11.32%
• 10Y*: 12.65%

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

WUTI.L vs. ACWD.L - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
WUTI.L SPDR MSCI World Utilits UCITS ETF	4.38%	25.37%	13.26%	0.13%	-3.55%	10.54%	4.43%	22.22%	1.82%	13.96%
ACWD.L SPDR MSCI All Country World UCITS ETF	11.54%	22.83%	17.76%	22.27%	-18.37%	18.77%	15.91%	25.80%	-9.85%	24.09%

Correlation

The correlation between WUTI.L and ACWD.L is 0.32, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.32
Correlation (3Y) Calculated over the trailing 3-year period	0.35
Correlation (5Y) Calculated over the trailing 5-year period	0.46
Correlation (10Y) Calculated over the trailing 10-year period	0.47
Correlation (All Time) Calculated using the full available price history since May 5, 2016	0.47

The correlation between WUTI.L and ACWD.L shifts across timeframes, from 0.32 (1 year) to 0.47 (all time), reflecting how their relationship changes across market environments.

WUTI.L vs. ACWD.L - Sectors Allocation Comparison

Sectors	WUTI.L	ACWD.L
Utilities	98.1%	2.7%
Industrials	1.4%	10.9%
Energy	0.5%	4.3%
Basic Materials	-	3.6%
Communication Services	-	9.0%
Consumer Cyclical	-	9.3%
Consumer Defensive	-	4.9%
Financial Services	-	16.5%
Healthcare	-	8.0%
Real Estate	-	1.7%
Technology	-	29.2%

Return for Risk

WUTI.L vs. ACWD.L — Risk / Return Rank

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

WUTI.L

WUTI.L Risk / Return Rank: 34
WUTI.L Sharpe Ratio Rank: 33
WUTI.L Sortino Ratio Rank: 31
WUTI.L Omega Ratio Rank: 30
WUTI.L Calmar Ratio Rank: 38
WUTI.L Martin Ratio Rank: 38

ACWD.L

ACWD.L Risk / Return Rank: 73
ACWD.L Sharpe Ratio Rank: 72
ACWD.L Sortino Ratio Rank: 77
ACWD.L Omega Ratio Rank: 72
ACWD.L Calmar Ratio Rank: 67
ACWD.L Martin Ratio Rank: 74

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.L vs. ACWD.L - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for SPDR MSCI World Utilits UCITS ETF (WUTI.L) and SPDR MSCI All Country World UCITS ETF (ACWD.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.L	ACWD.L	Difference
Sharpe ratio: Return per unit of total volatility	1.16	2.30	-1.14
Sortino ratio: Return per unit of downside risk	1.63	3.41	-1.79
Omega ratio: Gain probability vs. loss probability	1.20	1.43	-0.23
Calmar ratio: Return relative to maximum drawdown	1.86	3.30	-1.44
Martin ratio: Return relative to average drawdown	5.73	13.80	-8.07
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.L vs. ACWD.L - Sharpe Ratio Comparison

The current WUTI.L Sharpe Ratio is 1.16, which is lower than the ACWD.L Sharpe Ratio of 2.30. The chart below compares the historical Sharpe Ratios of WUTI.L and ACWD.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.L	ACWD.L	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	1.16	2.30	-1.14
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.58	0.73	-0.14
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.55	0.80	-0.25
Sharpe Ratio (All Time) Calculated using the full available price history	0.55	0.73	-0.17

Drawdowns

WUTI.L vs. ACWD.L - Drawdown Comparison

The maximum WUTI.L drawdown since its inception was -33.85%, roughly equal to the maximum ACWD.L drawdown of -33.64%. Use the drawdown chart below to compare losses from any high point for WUTI.L and ACWD.L.

Drawdown Indicators

	WUTI.L	ACWD.L	Difference
Max Drawdown Largest peak-to-trough decline	-33.85%	-33.64%	-0.21%
Max Drawdown (1Y) Largest decline over 1 year	-7.89%	-8.73%	+0.84%
Max Drawdown (3Y) Largest decline over 3 years	-17.35%	-16.51%	-0.84%
Max Drawdown (5Y) Largest decline over 5 years	-21.86%	-26.18%	+4.32%
Max Drawdown (10Y) Largest decline over 10 years	-33.85%	-33.64%	-0.21%
Current Drawdown Current decline from peak	-7.69%	-0.69%	-7.00%
Average Drawdown Average peak-to-trough decline	-4.99%	-4.67%	-0.32%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.57%	2.10%	+0.47%

Volatility

WUTI.L vs. ACWD.L - Volatility Comparison

SPDR MSCI World Utilits UCITS ETF (WUTI.L) has a higher volatility of 4.19% compared to SPDR MSCI All Country World UCITS ETF (ACWD.L) at 3.87%. This indicates that WUTI.L's price experiences larger fluctuations and is considered to be riskier than ACWD.L based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	WUTI.L	ACWD.L	Difference
Volatility (1M) Calculated over the trailing 1-month period	4.19%	3.87%	+0.32%
Volatility (6M) Calculated over the trailing 6-month period	10.35%	9.89%	+0.46%
Volatility (1Y) Calculated over the trailing 1-year period	12.68%	12.54%	+0.14%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	15.10%	15.58%	-0.48%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	15.63%	15.85%	-0.22%

WUTI.L vs. ACWD.L - Expense Ratio Comparison

WUTI.L has a 0.30% expense ratio, which is higher than ACWD.L's 0.12% expense ratio.

Dividends

WUTI.L vs. ACWD.L - Dividend Comparison

Neither WUTI.L nor ACWD.L has paid dividends to shareholders.

Tickers have no history of dividend payments

Frequently Asked Questions

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

WUTI.L and ACWD.L have a correlation of 0.32, 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.L or ACWD.L?

On fees, ACWD.L is cheaper at 0.12% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, WUTI.L or ACWD.L?

ACWD.L is cheaper with a 0.12% expense ratio, compared with 0.30% for WUTI.L.

What is the main difference between WUTI.L and ACWD.L?

WUTI.L is categorized as Utilities Equities, while ACWD.L is Global Equities. WUTI.L tracks MSCI World/Utilities NR USD, while ACWD.L tracks MSCI ACWI Index. Their fees differ too: 0.30% for WUTI.L and 0.12% for ACWD.L.