PortfoliosLab logoPortfoliosLab logo

Documentation

Upgrade your plan
CSUS.L vs. IWDA.L
Performance
Return for Risk
Drawdowns
Volatility
Dividends

CSUS.L vs. IWDA.L

Last updated Jun 5, 2026

CSUS.L (iShares VII plc - iShares MSCI USA ETF USD Acc) and IWDA.L (iShares Core MSCI World UCITS ETF USD (Acc)) are both exchange-traded funds - CSUS.L is a Large Cap Blend Equities fund tracking the Russell 1000 TR USD, while IWDA.L is a Global Equities fund tracking the MSCI World Index (Net). Both are passively managed. Over the past 10 years, CSUS.L returned 15.12%/yr vs 13.07%/yr for IWDA.L. A 0.71 correlation means they provide meaningful diversification when combined. CSUS.L charges 0.33%/yr vs 0.20%/yr for IWDA.L.

Performance

CSUS.L vs. IWDA.L - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in iShares VII plc - iShares MSCI USA ETF USD Acc (CSUS.L) and iShares Core MSCI World UCITS ETF USD (Acc) (IWDA.L). The values are adjusted to include any dividend payments, if applicable.

Loading charts...

Returns By Period

The year-to-date returns for both stocks are quite close, with CSUS.L having a 10.32% return and IWDA.L slightly lower at 9.83%. Over the past 10 years, CSUS.L has outperformed IWDA.L with an annualized return of 15.12%, while IWDA.L has yielded a comparatively lower 13.07% annualized return.

CSUS.L

1D
0.06%
1M
4.70%
YTD
10.32%
6M
10.98%
1Y
27.52%
3Y*
22.49%
5Y*
13.29%
10Y*
15.12%

IWDA.L

1D
0.10%
1M
4.07%
YTD
9.83%
6M
10.98%
1Y
25.98%
3Y*
20.77%
5Y*
11.86%
10Y*
13.07%
*Multi-year figures are annualized to reflect compound growth (CAGR)

CSUS.L vs. IWDA.L - Yearly Performance Comparison

2026 (YTD)202520242023202220212020201920182017
CSUS.L
iShares VII plc - iShares MSCI USA ETF USD Acc		10.32%17.22%25.83%26.72%-20.46%28.02%20.30%30.38%-5.82%21.66%
IWDA.L
iShares Core MSCI World UCITS ETF USD (Acc)		9.83%21.03%19.11%24.27%-18.11%22.19%16.06%27.13%-9.01%22.77%

Correlation

The correlation between CSUS.L and IWDA.L is 0.97 - these two move nearly in lockstep. At this level, holding both provides almost no diversification benefit. If you already own one, adding the other does little to reduce portfolio risk.

Correlation
Correlation (1Y)
Calculated over the trailing 1-year period

0.97

Correlation (3Y)
Calculated over the trailing 3-year period

0.79

Correlation (5Y)
Calculated over the trailing 5-year period

0.79

Correlation (10Y)
Calculated over the trailing 10-year period

0.83

Correlation (All Time)
Calculated using the full available price history since Sep 23, 2010

0.71

Over the past year, CSUS.L and IWDA.L have become more correlated (0.97) than their long-term average of 0.71, meaning their price movements have been converging.

CSUS.L vs. IWDA.L - Sectors Allocation Comparison

Sectors
CSUS.L
IWDA.L

Technology

35.4%
32.9%

Financial Services

11.6%
14.9%

Communication Services

11.3%
9.3%

Consumer Cyclical

10.2%
8.8%

Healthcare

8.6%
8.6%

Industrials

8.5%
9.7%

Consumer Defensive

4.8%
4.8%

Energy

3.6%
3.9%

Utilities

2.3%
2.4%

Real Estate

1.9%
1.2%

Basic Materials

1.8%
2.8%

Technology

CSUS.L
35.4%
IWDA.L
32.9%

Financial Services

CSUS.L
11.6%
IWDA.L
14.9%

Communication Services

CSUS.L
11.3%
IWDA.L
9.3%

Consumer Cyclical

CSUS.L
10.2%
IWDA.L
8.8%

Healthcare

CSUS.L
8.6%
IWDA.L
8.6%

Industrials

CSUS.L
8.5%
IWDA.L
9.7%

Consumer Defensive

CSUS.L
4.8%
IWDA.L
4.8%

Energy

CSUS.L
3.6%
IWDA.L
3.9%

Utilities

CSUS.L
2.3%
IWDA.L
2.4%

Real Estate

CSUS.L
1.9%
IWDA.L
1.2%

Basic Materials

CSUS.L
1.8%
IWDA.L
2.8%

Compare stocks, funds, or ETFs

Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.

iShares VII plc - iShares MSCI USA ETF USD Acc

iShares Core MSCI World UCITS ETF USD (Acc)

Often compared with CSUS.L:
CSUS.L vs. VTICSUS.L vs. XD9D.DECSUS.L vs. SPYCSUS.L vs. AVUVCSUS.L vs. VXUSCSUS.L vs. ITOTCSUS.L vs. VOO
Often compared with IWDA.L:
IWDA.L vs. VWCE.DEIWDA.L vs. SWDA.LIWDA.L vs. VWRP.LIWDA.L vs. VUAA.LIWDA.L vs. URTHIWDA.L vs. ACWI.LIWDA.L vs. SPY

Return for Risk

CSUS.L vs. IWDA.L — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.
CSUS.L
CSUS.L Risk / Return Rank: 7373
Overall Rank
CSUS.L Sharpe Ratio Rank: 7373
Sharpe Ratio Rank
CSUS.L Sortino Ratio Rank: 7777
Sortino Ratio Rank
CSUS.L Omega Ratio Rank: 7373
Omega Ratio Rank
CSUS.L Calmar Ratio Rank: 6767
Calmar Ratio Rank
CSUS.L Martin Ratio Rank: 7575
Martin Ratio Rank
IWDA.L
IWDA.L Risk / Return Rank: 6868
Overall Rank
IWDA.L Sharpe Ratio Rank: 6767
Sharpe Ratio Rank
IWDA.L Sortino Ratio Rank: 7373
Sortino Ratio Rank
IWDA.L Omega Ratio Rank: 6767
Omega Ratio Rank
IWDA.L Calmar Ratio Rank: 6464
Calmar Ratio Rank
IWDA.L Martin Ratio Rank: 7272
Martin Ratio Rank
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.

CSUS.L vs. IWDA.L - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for iShares VII plc - iShares MSCI USA ETF USD Acc (CSUS.L) and iShares Core MSCI World UCITS ETF USD (Acc) (IWDA.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.

CSUS.LIWDA.LDifference
Sharpe ratioReturn per unit of total volatility
2.32
2.17

+0.15

Sortino ratioReturn per unit of downside risk
3.39
3.26

+0.13

Omega ratioGain probability vs. loss probability

1.42

1.40

+0.03

Calmar ratioReturn relative to maximum drawdown

3.30

3.11

+0.18

Martin ratioReturn relative to average drawdown

13.91

13.16

+0.75

Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

CSUS.L vs. IWDA.L - Sharpe Ratio Comparison

The current CSUS.L Sharpe Ratio is 2.32, which is comparable to the IWDA.L Sharpe Ratio of 2.17. The chart below compares the historical Sharpe Ratios of CSUS.L and IWDA.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.

Loading charts...

Sharpe Ratios by Period

CSUS.LIWDA.LDifference

Sharpe Ratio (1Y)

Calculated over the trailing 1-year period

2.32

2.17

+0.15

Sharpe Ratio (5Y)

Calculated over the trailing 5-year period

0.85

0.76

+0.10

Sharpe Ratio (10Y)

Calculated over the trailing 10-year period

0.98

0.82

+0.16

Sharpe Ratio (All Time)

Calculated using the full available price history

1.12

0.79

+0.33

Drawdowns

CSUS.L vs. IWDA.L - Drawdown Comparison

The maximum CSUS.L drawdown since its inception was -34.38%, roughly equal to the maximum IWDA.L drawdown of -34.11%. Use the drawdown chart below to compare losses from any high point for CSUS.L and IWDA.L.

Loading charts...

Drawdown Indicators

CSUS.LIWDA.LDifference

Max Drawdown

Largest peak-to-trough decline

-34.38%

-34.11%

-0.27%

Max Drawdown (1Y)

Largest decline over 1 year

-8.31%

-8.31%

0.00%

Max Drawdown (3Y)

Largest decline over 3 years

-18.85%

-16.94%

-1.91%

Max Drawdown (5Y)

Largest decline over 5 years

-25.44%

-25.88%

+0.44%

Max Drawdown (10Y)

Largest decline over 10 years

-34.38%

-34.11%

-0.27%

Current Drawdown

Current decline from peak

-0.47%

-0.43%

-0.04%

Average Drawdown

Average peak-to-trough decline

-4.13%

-4.44%

+0.31%

Ulcer Index

Depth and duration of drawdowns from previous peaks

1.97%

1.97%

0.00%

Volatility

CSUS.L vs. IWDA.L - Volatility Comparison

iShares VII plc - iShares MSCI USA ETF USD Acc (CSUS.L) and iShares Core MSCI World UCITS ETF USD (Acc) (IWDA.L) have volatilities of 3.25% and 3.40%, 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.

Loading charts...

Volatility by Period

CSUS.LIWDA.LDifference

Volatility (1M)

Calculated over the trailing 1-month period

3.25%

3.40%

-0.15%

Volatility (6M)

Calculated over the trailing 6-month period

8.62%

9.19%

-0.57%

Volatility (1Y)

Calculated over the trailing 1-year period

11.80%

11.93%

-0.13%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

16.74%

15.68%

+1.06%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

17.14%

15.91%

+1.23%

CSUS.L vs. IWDA.L - Expense Ratio Comparison

CSUS.L has a 0.33% expense ratio, which is higher than IWDA.L's 0.20% expense ratio.

Dividends

CSUS.L vs. IWDA.L - Dividend Comparison

Neither CSUS.L nor IWDA.L has paid dividends to shareholders.

Tickers have no history of dividend payments

Frequently Asked Questions

With a correlation of 0.97, CSUS.L and IWDA.L move almost identically. Holding both adds very little diversification - you're essentially doubling your position in the same market segment. Choosing one is usually more capital-efficient.

On fees, IWDA.L is cheaper at 0.20% per year. The better choice depends on whether you care most about return, fees, risk, or income.

IWDA.L is cheaper with a 0.20% expense ratio, compared with 0.33% for CSUS.L.

CSUS.L is categorized as Large Cap Blend Equities, while IWDA.L is Global Equities. CSUS.L tracks Russell 1000 TR USD, while IWDA.L tracks MSCI World Index (Net). Their fees differ too: 0.33% for CSUS.L and 0.20% for IWDA.L.

Portfolio Optimizer

Find the right allocation for CSUS.L and IWDA.L

Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.

Open Portfolio Optimizer