ACWI vs LOGI: Correlation
How closely do iShares MSCI ACWI ETF (ACWI) and Logitech International S.A. - Registered Shares (LOGI) trade together? Their weekly returns over three years give a correlation of 0.56, which is moderate.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are ACWI and LOGI?
On 3 years of weekly data the ACWI/LOGI correlation comes out at 0.56, moderate. The relationship has been stable: the 1-year correlation (0.52) sits close to the 3-year figure. The 5-year figure is 0.55, and annualized covariance runs at 264.9 %².
Among the 119 assets we track against ACWI, LOGI ranks #79 by 3-year correlation. The last year tells two different stories: ACWI led by 26.2 percentage points, +22.7% for ACWI against -3.5% for LOGI. Risk is not evenly split, since LOGI carries 2.5 times the volatility of the other side.
How is this computed?
Pearson correlation on weekly returns: ρ(A,B) = cov(rA, rB) / (σA · σB), over windows of 52, 156 and 260 weeks. Covariance is annualized (×52) and expressed in %². Full definitions on the methodology page.
ACWI vs LOGI: side by side
| ACWI (iShares MSCI ACWI ETF) | LOGI (Logitech International S.A. - Registered Shares) | |
|---|---|---|
| 1-year return | +22.7% | -3.5% |
| 5-year return | +69.0% | +0.1% |
| Volatility (ann.) | 13.8% | 34.3% |
| Beta vs S&P 500 | 0.92 | 1.24 |
| Max drawdown (3Y) | -16.5% | -37.6% |
| Market cap | – | $14.0B |
| P/E (trailing) | – | 18.4 |
| Dividend yield | 1.44% | 1.69% |
| Expense ratio | 0.32% | – |
| Assets under management | $32.5B | – |
| Sector / category | ETF · Global | US Listed |
On the fund side, ACWI sits in the Global Large-Stock Blend category at iShares, with $32.5B under management, 1590 holdings, a 0.32% expense ratio, a 1.44% trailing dividend yield.
Year-by-year returns
| Year | ACWI | LOGI |
|---|---|---|
| 2022 | -18.4% | -22.9% |
| 2023 | +22.3% | +55.3% |
| 2024 | +17.4% | -12.0% |
| 2025 | +22.4% | +23.5% |
| 2026 | +14.9% | -2.2% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are ACWI and LOGI good diversifiers for each other?
Only partially. A correlation of 0.56 means ACWI and LOGI share most of their swings. Pairing them dampens volatility somewhat, but it will not protect against a common drawdown.
FAQ
What is the correlation between ACWI and LOGI?
Using weekly returns as of 2026-08-27: 0.56 over 3 years, with 0.52 over the last year and 0.55 over 5 years.
Is LOGI a good diversifier for ACWI?
Only partially. A correlation of 0.56 means ACWI and LOGI share most of their swings. Pairing them dampens volatility somewhat, but it will not protect against a common drawdown.
What does a correlation of 0.56 mean?
Correlation ranges from −1 to +1. Values near +1 mean two assets move together, near 0 that they move independently, and negative values that they tend to move in opposite directions. It measures co-movement, not performance.
Use this data
$ curl https://www.pairbook.io/api/v1/pairs/acwi-vs-logi.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/acwi-vs-logi/)
The core API is free. Terms and every endpoint in the API documentation.
Related comparisons
Hubs: ACWI correlations · LOGI correlations
