EIRL vs. VWRL.L

Last updated Apr 2, 2026

Compare and contrast key facts about iShares MSCI Ireland ETF (EIRL) and Vanguard FTSE All-World UCITS ETF Distributing (VWRL.L).

EIRL and VWRL.L are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. EIRL is a passively managed fund by iShares that tracks the performance of the MSCI Ireland Investable Market 25/50 Index. It was launched on May 5, 2010. VWRL.L is a passively managed fund by Vanguard that tracks the performance of the MSCI ACWI NR USD. It was launched on May 22, 2012. Both EIRL and VWRL.L are passive ETFs, meaning that they are not actively managed but aim to replicate the performance of the underlying index as closely as possible.

Performance

EIRL vs. VWRL.L - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in iShares MSCI Ireland ETF (EIRL) and Vanguard FTSE All-World UCITS ETF Distributing (VWRL.L). The values are adjusted to include any dividend payments, if applicable.

EIRL vs. VWRL.L - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
EIRL iShares MSCI Ireland ETF	-5.67%	28.82%	-1.64%	35.13%	-18.83%	13.72%	9.63%	28.15%	-21.92%	29.82%
VWRL.L Vanguard FTSE All-World UCITS ETF Distributing	-1.45%	22.59%	17.60%	21.71%	-18.23%	18.95%	15.57%	26.93%	-10.09%	23.99%

Different Trading Currencies

EIRL is traded in USD, while VWRL.L is traded in GBP. To make them comparable, the VWRL.L values have been converted to USD using the latest available exchange rates.

Returns By Period

In the year-to-date period, EIRL achieves a -5.67% return, which is significantly lower than VWRL.L's -1.45% return. Over the past 10 years, EIRL has underperformed VWRL.L with an annualized return of 7.13%, while VWRL.L has yielded a comparatively higher 11.58% annualized return.

EIRL

• 1D: 0.71%
• 1M: -5.81%
• YTD: -5.67%
• 6M: 2.75%
• 1Y: 20.04%
• 3Y*: 10.40%
• 5Y*: 6.18%
• 10Y*: 7.13%

VWRL.L

• 1D: 2.70%
• 1M: -4.32%
• YTD: -1.45%
• 6M: 2.01%
• 1Y: 21.89%
• 3Y*: 17.63%
• 5Y*: 9.69%
• 10Y*: 11.58%

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

EIRL vs. VWRL.L - Expense Ratio Comparison

EIRL has a 0.49% expense ratio, which is higher than VWRL.L's 0.22% expense ratio.

EIRL

iShares MSCI Ireland ETF

VWRL.L

Vanguard FTSE All-World UCITS ETF Distributing

Return for Risk

EIRL vs. VWRL.L — Risk / Return Rank

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

EIRL

EIRL Risk / Return Rank: 54
EIRL Sharpe Ratio Rank: 54
EIRL Sortino Ratio Rank: 56
EIRL Omega Ratio Rank: 53
EIRL Calmar Ratio Rank: 53
EIRL Martin Ratio Rank: 51

VWRL.L

VWRL.L Risk / Return Rank: 77
VWRL.L Sharpe Ratio Rank: 73
VWRL.L Sortino Ratio Rank: 71
VWRL.L Omega Ratio Rank: 73
VWRL.L Calmar Ratio Rank: 85
VWRL.L Martin Ratio Rank: 84

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.

EIRL vs. VWRL.L - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for iShares MSCI Ireland ETF (EIRL) and Vanguard FTSE All-World UCITS ETF Distributing (VWRL.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.

	EIRL	VWRL.L	Difference
Sharpe ratio Return per unit of total volatility	1.02	1.43	-0.41
Sortino ratio Return per unit of downside risk	1.52	1.98	-0.47
Omega ratio Gain probability vs. loss probability	1.21	1.29	-0.08
Calmar ratio Return relative to maximum drawdown	1.45	2.32	-0.87
Martin ratio Return relative to average drawdown	5.27	9.61	-4.35
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

EIRL vs. VWRL.L - Sharpe Ratio Comparison

The current EIRL Sharpe Ratio is 1.02, which is comparable to the VWRL.L Sharpe Ratio of 1.43. The chart below compares the historical Sharpe Ratios of EIRL and VWRL.L, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

Sharpe Ratios by Period

	EIRL	VWRL.L	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	1.02	1.43	-0.41
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.30	0.64	-0.35
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.33	0.74	-0.41
Sharpe Ratio (All Time) Calculated using the full available price history	0.41	0.75	-0.34

Correlation

The correlation between EIRL and VWRL.L is 0.54, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.

Dividends

EIRL vs. VWRL.L - Dividend Comparison

EIRL's dividend yield for the trailing twelve months is around 2.87%, more than VWRL.L's 1.39% yield.

	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
EIRL iShares MSCI Ireland ETF	2.87%	2.71%	2.56%	1.00%	1.13%	0.82%	0.50%	2.11%	1.52%	1.44%	1.34%	1.70%
VWRL.L Vanguard FTSE All-World UCITS ETF Distributing	1.39%	1.39%	1.49%	1.72%	2.03%	1.45%	1.58%	1.95%	2.22%	1.90%	1.85%	2.00%

Drawdowns

EIRL vs. VWRL.L - Drawdown Comparison

The maximum EIRL drawdown since its inception was -46.48%, which is greater than VWRL.L's maximum drawdown of -33.11%. Use the drawdown chart below to compare losses from any high point for EIRL and VWRL.L.

Drawdown Indicators

	EIRL	VWRL.L	Difference
Max Drawdown Largest peak-to-trough decline	-46.48%	-24.98%	-21.50%
Max Drawdown (1Y) Largest decline over 1 year	-14.28%	-10.11%	-4.17%
Max Drawdown (5Y) Largest decline over 5 years	-40.14%	-17.48%	-22.66%
Max Drawdown (10Y) Largest decline over 10 years	-46.48%	-24.98%	-21.50%
Current Drawdown Current decline from peak	-10.07%	-4.04%	-6.03%
Average Drawdown Average peak-to-trough decline	-9.16%	-3.33%	-5.83%
Ulcer Index Depth and duration of drawdowns from previous peaks	3.93%	1.86%	+2.07%

Volatility

EIRL vs. VWRL.L - Volatility Comparison

iShares MSCI Ireland ETF (EIRL) has a higher volatility of 7.77% compared to Vanguard FTSE All-World UCITS ETF Distributing (VWRL.L) at 5.31%. This indicates that EIRL's price experiences larger fluctuations and is considered to be riskier than VWRL.L based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	EIRL	VWRL.L	Difference
Volatility (1M) Calculated over the trailing 1-month period	7.77%	5.31%	+2.46%
Volatility (6M) Calculated over the trailing 6-month period	13.31%	9.04%	+4.27%
Volatility (1Y) Calculated over the trailing 1-year period	19.70%	15.26%	+4.44%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	20.96%	15.05%	+5.91%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	21.63%	15.51%	+6.12%