ACWL.L - Risk

Risk & Diversification Scores

Transparent evaluation of price volatility (SRI) and 4-dimensional portfolio diversification.

Volatility Risk Score

6/7 High

6 / 7 SRI PRIIPs Risk Class

Very high volatility or fundamental risks. Significant loss potential; strictly for aggressive investors.

Volatility (5Y)

22.9% p.a.

5-Year Horizon

Max Drawdown (5Y)

-27.0%

Deepest Drawdown

Sharpe Ratio

0.41

Moderate (0.0 - 0.5)

Rec. Holding Period

10+ Years

Investment Horizon

Speculative / High Risk: Score Basis:

Diversification Score

High Concentration (> 50%)

86 / 100 Portfolio Diversification

4 Dimensions: Holdings (30%) • Sectors (25%) • Industries (25%) • Regions (20%)

High concentration risk: A few heavyweights drive the majority of fund value.

Top 10 Holdings

56.6%

Focused

Effective Holdings

~30

of 115 holdings

Top Sector

35.7%

Technology

Top Region / Country

99.3%

United States

Elevated concentration in top individual holdings, leading sectors, or key regions.

Multi-Horizon Risk & Performance Matrix

Historical volatility, drawdowns, and risk-adjusted return across 1, 3, 5, and 10 years.

Volatility Expansion (3Y > 5Y)

Timeframe	Volatility (p.a.)	Max Drawdown	Sharpe Ratio	Return (p.a.)
1 Year	—	—	—	+17.4%
3 Years	27.0%	-27.0%	0.6	+18.8%
5 Years	22.9%	-27.0%	0.41	+11.9%
10 Years	20.6%	-36.8%	0.32	+9.2%

Notes & Warnings

🟢 Favorable / fair valuation: Avg P/E of 24.0

🟢 Excellent global diversification (Score 86/100)

🟢 Deep market liquidity & capital coverage (Tier 1)

🟢 Established large fund (> 500M € AUM)

🟢 High institutional analyst coverage (30 analysts)

⚠️ Elevated top 10 holdings concentration: 57% of fund in top 10 positions.

⚠️ Sector concentration: 36% in "Technology".

⚠️ Growth estimates are concentrated: Top 3 growth drivers account for 52% of forward growth.

⚠️ Elevated Regulatory & Policy Risk: 44% in heavily regulated industries (defense, regulated utilities, healthcare policy).

⚠️ Elevated Short-Term Volatility: 3Y volatility (27.0%) is noticeably higher than the 5Y average (22.9%).