IDNA.L vs. IWVG.L
IDNA.L (iShares MSCI North America UCITS ETF) and IWVG.L (iShares Edge MSCI World Value Factor UCITS ETF USD (Dist)) are both Global Equities funds from iShares - IDNA.L tracks the iShares MSCI North America UCITS ETF while IWVG.L tracks the MSCI ACWI Value NR USD. Both are passively managed. Over the past 5 years, IDNA.L returned 12.29%/yr vs 16.55%/yr for IWVG.L. A 0.74 correlation means they provide meaningful diversification when combined. IDNA.L charges 0.40%/yr vs 0.30%/yr for IWVG.L.
Performance
IDNA.L vs. IWVG.L - Performance Comparison
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Different Trading Currencies
IDNA.L is traded in USD, while IWVG.L is traded in GBP. To make them comparable, the IWVG.L values have been converted to USD using the latest available exchange rates.
Returns By Period
In the year-to-date period, IDNA.L achieves a 10.19% return, which is significantly lower than IWVG.L's 29.21% 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%
IWVG.L
- 1D
- -1.38%
- 1M
- -4.12%
- 6M
- 25.30%
- YTD
- 29.21%
- 1Y
- 56.72%
- 3Y*
- 26.65%
- 5Y*
- 16.55%
- 10Y*
- —
IDNA.L vs. IWVG.L - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | |
|---|---|---|---|---|---|---|---|---|---|
IDNA.L iShares MSCI North America UCITS ETF | 10.19% | 17.55% | 24.50% | 26.38% | -19.84% | 27.07% | 19.54% | 30.25% | -8.87% |
IWVG.L iShares Edge MSCI World Value Factor UCITS ETF USD (Dist) | 29.21% | 41.17% | 4.80% | 19.04% | -9.76% | 20.14% | -4.01% | 19.28% | -16.25% |
Correlation
The correlation between IDNA.L and IWVG.L is 0.70, 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 | 0.70 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.67 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.72 |
Correlation (All Time) Calculated using the full available price history since Feb 27, 2018 | 0.74 |
The correlation between IDNA.L and IWVG.L has been stable across timeframes, ranging from 0.67 to 0.74 - a consistent structural relationship.
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Return for Risk
IDNA.L vs. IWVG.L — Risk / Return Rank
IDNA.L
IWVG.L
IDNA.L vs. IWVG.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 Edge MSCI World Value Factor UCITS ETF USD (Dist) (IWVG.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 | IWVG.L | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -1.64 | ||
| Sortino ratioReturn per unit of downside risk | -2.00 | ||
| Omega ratioGain probability vs. loss probability | 1.33 | 1.60 | -0.27 |
| Calmar ratioReturn relative to maximum drawdown | 2.66 | 6.55 | -3.89 |
| Martin ratioReturn relative to average drawdown | 10.76 | 23.13 | -12.36 |
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Drawdowns
IDNA.L vs. IWVG.L - Drawdown Comparison
The maximum IDNA.L drawdown since its inception was -56.08%, which is greater than IWVG.L's maximum drawdown of -35.79%. Use the drawdown chart below to compare losses from any high point for IDNA.L and IWVG.L.
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Drawdown Indicators
| IDNA.L | IWVG.L | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -56.08% | -35.79% | -20.29% |
Max Drawdown (1Y)Largest decline over 1 year | -8.35% | -8.62% | +0.27% |
Max Drawdown (3Y)Largest decline over 3 years | -18.54% | -14.64% | -3.90% |
Max Drawdown (5Y)Largest decline over 5 years | -25.10% | -26.94% | +1.84% |
Max Drawdown (10Y)Largest decline over 10 years | -34.62% | — | — |
Current DrawdownCurrent decline from peak | -0.37% | -4.24% | +3.87% |
Average DrawdownAverage peak-to-trough decline | -8.95% | -6.64% | -2.31% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.07% | 2.45% | -0.38% |
Volatility
IDNA.L vs. IWVG.L - Volatility Comparison
The current volatility for iShares MSCI North America UCITS ETF (IDNA.L) is 2.95%, while iShares Edge MSCI World Value Factor UCITS ETF USD (Dist) (IWVG.L) has a volatility of 6.03%. This indicates that IDNA.L experiences smaller price fluctuations and is considered to be less risky than IWVG.L based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| IDNA.L | IWVG.L | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 2.95% | 6.03% | -3.08% |
Volatility (6M)Calculated over the trailing 6-month period | 9.26% | 13.95% | -4.69% |
Volatility (1Y)Calculated over the trailing 1-year period | 12.07% | 16.24% | -4.17% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 16.18% | 15.95% | +0.23% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 16.20% | 17.66% | -1.46% |
IDNA.L vs. IWVG.L - Expense Ratio Comparison
IDNA.L has a 0.40% expense ratio, which is higher than IWVG.L's 0.30% expense ratio.
Dividends
IDNA.L vs. IWVG.L - Dividend Comparison
IDNA.L's dividend yield for the trailing twelve months is around 0.60%, less than IWVG.L's 1.93% yield.
| 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% |
IWVG.L iShares Edge MSCI World Value Factor UCITS ETF USD (Dist) | 1.93% | 2.48% | 3.12% | 3.22% | 3.11% | 2.61% | 2.37% | 2.90% | 2.48% | 0.00% | 0.00% | 0.00% |
Frequently Asked Questions
IDNA.L and IWVG.L have a correlation of 0.70, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, IWVG.L is cheaper at 0.30% per year. The better choice depends on whether you care most about return, fees, risk, or income.
IWVG.L is cheaper with a 0.30% expense ratio, compared with 0.40% for IDNA.L.
IDNA.L tracks iShares MSCI North America UCITS ETF, while IWVG.L tracks MSCI ACWI Value NR USD. Their fees differ too: 0.40% for IDNA.L and 0.30% for IWVG.L.
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