IDNA.L vs. IWDA.L
IDNA.L (iShares MSCI North America UCITS ETF) and IWDA.L (iShares Core MSCI World UCITS ETF USD (Acc)) are both Global Equities funds from iShares - IDNA.L tracks the iShares MSCI North America UCITS ETF while IWDA.L tracks the MSCI World Index (Net). Both are passively managed. Over the past 10 years, IDNA.L returned 14.35%/yr vs 12.99%/yr for IWDA.L. Their correlation of 0.86 suggests significant overlap in exposure. IDNA.L charges 0.40%/yr vs 0.20%/yr for IWDA.L.
Performance
IDNA.L vs. IWDA.L - Performance Comparison
Loading charts...
Returns By Period
The year-to-date returns for both stocks are quite close, with IDNA.L having a 10.19% return and IWDA.L slightly lower at 10.17%. Over the past 10 years, IDNA.L has outperformed IWDA.L with an annualized return of 14.35%, while IWDA.L has yielded a comparatively lower 12.99% annualized return.
IDNA.L
- 1D
- 0.17%
- 1M
- 0.35%
- 6M
- 9.68%
- YTD
- 10.19%
- 1Y
- 21.59%
- 3Y*
- 19.80%
- 5Y*
- 12.29%
- 10Y*
- 14.35%
IWDA.L
- 1D
- 0.19%
- 1M
- 0.21%
- 6M
- 9.01%
- YTD
- 10.17%
- 1Y
- 22.01%
- 3Y*
- 18.87%
- 5Y*
- 11.60%
- 10Y*
- 12.99%
IDNA.L vs. IWDA.L - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
IDNA.L iShares MSCI North America UCITS ETF | 10.19% | 17.55% | 24.50% | 26.38% | -19.84% | 27.07% | 19.54% | 30.25% | -6.70% | 21.02% |
IWDA.L iShares Core MSCI World UCITS ETF USD (Acc) | 10.17% | 21.03% | 19.11% | 24.27% | -18.11% | 22.19% | 16.06% | 27.13% | -9.01% | 22.75% |
Correlation
The correlation between IDNA.L and IWDA.L is 0.96 - 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 | 0.96 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.97 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.97 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.96 |
Correlation (All Time) Calculated using the full available price history since Sep 25, 2009 | 0.86 |
The correlation between IDNA.L and IWDA.L shifts across timeframes, from 0.86 (all time) to 0.97 (5 years), reflecting how their relationship changes across market environments.
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Return for Risk
IDNA.L vs. IWDA.L — Risk / Return Rank
IDNA.L
IWDA.L
IDNA.L vs. IWDA.L - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for iShares MSCI North America UCITS ETF (IDNA.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.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| IDNA.L | IWDA.L | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.05 | ||
| Sortino ratioReturn per unit of downside risk | +0.01 | ||
| Omega ratioGain probability vs. loss probability | 1.33 | 1.32 | +0.01 |
| Calmar ratioReturn relative to maximum drawdown | 2.66 | 2.64 | +0.02 |
| Martin ratioReturn relative to average drawdown | 10.76 | 10.75 | +0.01 |
Loading charts...
Drawdowns
IDNA.L vs. IWDA.L - Drawdown Comparison
The maximum IDNA.L drawdown since its inception was -56.08%, 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 IDNA.L and IWDA.L.
Loading charts...
Drawdown Indicators
| IDNA.L | IWDA.L | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -56.08% | -34.11% | -21.97% |
Max Drawdown (1Y)Largest decline over 1 year | -8.35% | -8.31% | -0.04% |
Max Drawdown (3Y)Largest decline over 3 years | -18.54% | -16.94% | -1.60% |
Max Drawdown (5Y)Largest decline over 5 years | -25.10% | -25.88% | +0.78% |
Max Drawdown (10Y)Largest decline over 10 years | -34.62% | -34.11% | -0.51% |
Current DrawdownCurrent decline from peak | -0.37% | -0.12% | -0.25% |
Average DrawdownAverage peak-to-trough decline | -8.95% | -4.39% | -4.56% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.07% | 2.04% | +0.03% |
Volatility
IDNA.L vs. IWDA.L - Volatility Comparison
iShares MSCI North America UCITS ETF (IDNA.L) has a higher volatility of 2.95% compared to iShares Core MSCI World UCITS ETF USD (Acc) (IWDA.L) at 2.72%. This indicates that IDNA.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.
Loading charts...
Volatility by Period
| IDNA.L | IWDA.L | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 2.95% | 2.72% | +0.23% |
Volatility (6M)Calculated over the trailing 6-month period | 9.26% | 9.80% | -0.54% |
Volatility (1Y)Calculated over the trailing 1-year period | 12.07% | 12.26% | -0.19% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 16.18% | 15.73% | +0.45% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 16.20% | 15.78% | +0.42% |
IDNA.L vs. IWDA.L - Expense Ratio Comparison
IDNA.L has a 0.40% expense ratio, which is higher than IWDA.L's 0.20% expense ratio.
Dividends
IDNA.L vs. IWDA.L - Dividend Comparison
IDNA.L's dividend yield for the trailing twelve months is around 0.60%, while IWDA.L has not paid dividends to shareholders.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
IDNA.L iShares MSCI North America UCITS ETF | 0.60% | 0.66% | 0.77% | 0.96% | 1.13% | 0.76% | 1.03% | 1.23% | 1.45% | 1.27% | 1.42% | 1.56% |
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
With a correlation of 0.96, IDNA.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 0.40% for IDNA.L.
IDNA.L tracks iShares MSCI North America UCITS ETF, while IWDA.L tracks MSCI World Index (Net). Their fees differ too: 0.40% for IDNA.L and 0.20% for IWDA.L.
Find the right allocation for IDNA.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