DLTM.L vs. IWDA.L
DLTM.L (iShares MSCI EM Latin America UCITS ETF) and IWDA.L (iShares Core MSCI World UCITS ETF USD (Acc)) are both exchange-traded funds - DLTM.L is a Latin America Equities fund tracking the MSCI EM Latin America NR USD, while IWDA.L is a Global Equities fund tracking the MSCI World Index (Net). Both are passively managed. Over the past 10 years, DLTM.L returned 7.49%/yr vs 13.07%/yr for IWDA.L. A 0.56 correlation means they provide meaningful diversification when combined. DLTM.L charges 0.74%/yr vs 0.20%/yr for IWDA.L.
Performance
DLTM.L vs. IWDA.L - Performance Comparison
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Returns By Period
The year-to-date returns for both stocks are quite close, with DLTM.L having a 9.93% return and IWDA.L slightly lower at 9.83%. Over the past 10 years, DLTM.L has underperformed IWDA.L with an annualized return of 7.49%, while IWDA.L has yielded a comparatively higher 13.07% annualized return.
DLTM.L
- 1D
- -0.71%
- 1M
- -7.84%
- YTD
- 9.93%
- 6M
- 8.15%
- 1Y
- 36.25%
- 3Y*
- 13.43%
- 5Y*
- 8.58%
- 10Y*
- 7.49%
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%
DLTM.L vs. IWDA.L - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
DLTM.L iShares MSCI EM Latin America UCITS ETF | 9.93% | 54.43% | -26.89% | 33.42% | 7.99% | -9.75% | -11.20% | 12.80% | -5.26% | 21.02% |
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 DLTM.L and IWDA.L is 0.60, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.60 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.57 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.56 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.57 |
Correlation (All Time) Calculated using the full available price history since Jun 3, 2010 | 0.56 |
The correlation between DLTM.L and IWDA.L has been stable across timeframes, ranging from 0.56 to 0.60 - a consistent structural relationship.
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Return for Risk
DLTM.L vs. IWDA.L — Risk / Return Rank
DLTM.L
IWDA.L
DLTM.L vs. IWDA.L - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for iShares MSCI EM Latin America UCITS ETF (DLTM.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.
| DLTM.L | IWDA.L | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.38 | ||
| Sortino ratioReturn per unit of downside risk | -0.75 | ||
| Omega ratioGain probability vs. loss probability | 1.31 | 1.40 | -0.09 |
| Calmar ratioReturn relative to maximum drawdown | 2.93 | 3.11 | -0.18 |
| Martin ratioReturn relative to average drawdown | 8.45 | 13.16 | -4.71 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| DLTM.L | IWDA.L | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.79 | 2.17 | -0.38 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.38 | 0.76 | -0.38 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.28 | 0.82 | -0.54 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.05 | 0.79 | -0.74 |
Drawdowns
DLTM.L vs. IWDA.L - Drawdown Comparison
The maximum DLTM.L drawdown since its inception was -64.38%, which is greater than IWDA.L's maximum drawdown of -34.11%. Use the drawdown chart below to compare losses from any high point for DLTM.L and IWDA.L.
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Drawdown Indicators
| DLTM.L | IWDA.L | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -64.38% | -34.11% | -30.27% |
Max Drawdown (1Y)Largest decline over 1 year | -12.31% | -8.31% | -4.00% |
Max Drawdown (3Y)Largest decline over 3 years | -27.83% | -16.94% | -10.89% |
Max Drawdown (5Y)Largest decline over 5 years | -29.02% | -25.88% | -3.14% |
Max Drawdown (10Y)Largest decline over 10 years | -54.87% | -34.11% | -20.76% |
Current DrawdownCurrent decline from peak | -12.31% | -0.43% | -11.88% |
Average DrawdownAverage peak-to-trough decline | -29.86% | -4.44% | -25.42% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 4.28% | 1.97% | +2.31% |
Volatility
DLTM.L vs. IWDA.L - Volatility Comparison
iShares MSCI EM Latin America UCITS ETF (DLTM.L) has a higher volatility of 6.11% compared to iShares Core MSCI World UCITS ETF USD (Acc) (IWDA.L) at 3.40%. This indicates that DLTM.L's price experiences larger fluctuations and is considered to be riskier than IWDA.L based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| DLTM.L | IWDA.L | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 6.11% | 3.40% | +2.71% |
Volatility (6M)Calculated over the trailing 6-month period | 17.14% | 9.19% | +7.95% |
Volatility (1Y)Calculated over the trailing 1-year period | 20.22% | 11.93% | +8.29% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 22.80% | 15.68% | +7.12% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 26.57% | 15.91% | +10.66% |
DLTM.L vs. IWDA.L - Expense Ratio Comparison
DLTM.L has a 0.74% expense ratio, which is higher than IWDA.L's 0.20% expense ratio.
Dividends
DLTM.L vs. IWDA.L - Dividend Comparison
DLTM.L's dividend yield for the trailing twelve months is around 3.50%, while IWDA.L has not paid dividends to shareholders.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
DLTM.L iShares MSCI EM Latin America UCITS ETF | 3.50% | 3.54% | 5.77% | 4.23% | 6.82% | 3.20% | 1.66% | 2.31% | 2.17% | 1.47% | 1.44% | 2.98% |
IWDA.L iShares Core MSCI World UCITS ETF USD (Acc) | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Frequently Asked Questions
DLTM.L and IWDA.L have a correlation of 0.60, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
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 0.74% for DLTM.L.
DLTM.L is categorized as Latin America Equities, while IWDA.L is Global Equities. DLTM.L tracks MSCI EM Latin America NR USD, while IWDA.L tracks MSCI World Index (Net). Their fees differ too: 0.74% for DLTM.L and 0.20% for IWDA.L.
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