IDTW.L vs. MKUW.L
IDTW.L (iShares MSCI Taiwan UCITS ETF USD (Dist)) and MKUW.L (Invesco Markets PLC - Invesco MSCI Kuwait UCITS ETF USD Acc) are both Technology Equities funds - IDTW.L tracks the iShares MSCI Taiwan UCITS ETF USD (Dist) while MKUW.L tracks the Invesco Markets PLC - Invesco MSCI Kuwait UCITS ETF USD Acc. Both are passively managed. Over the past 5 years, IDTW.L returned 19.77%/yr vs 7.35%/yr for MKUW.L. At a 0.18 correlation, their price movements are largely independent. IDTW.L charges 0.74%/yr vs 0.50%/yr for MKUW.L.
Performance
IDTW.L vs. MKUW.L - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, IDTW.L achieves a 57.81% return, which is significantly higher than MKUW.L's 0.89% return.
IDTW.L
- 1D
- -1.85%
- 1M
- -6.53%
- 6M
- 50.70%
- YTD
- 57.81%
- 1Y
- 84.29%
- 3Y*
- 39.37%
- 5Y*
- 19.77%
- 10Y*
- 20.33%
MKUW.L
- 1D
- 1.09%
- 1M
- -1.83%
- 6M
- 1.55%
- YTD
- 0.89%
- 1Y
- 4.11%
- 3Y*
- 8.26%
- 5Y*
- 7.35%
- 10Y*
- —
IDTW.L vs. MKUW.L - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | |
|---|---|---|---|---|---|---|---|---|
IDTW.L iShares MSCI Taiwan UCITS ETF USD (Dist) | 57.81% | 31.78% | 23.61% | 28.84% | -29.55% | 28.51% | 34.35% | 10.13% |
MKUW.L Invesco Markets PLC - Invesco MSCI Kuwait UCITS ETF USD Acc | 0.89% | 25.35% | 9.15% | -8.87% | 5.99% | 28.57% | -9.88% | 10.35% |
Correlation
The correlation between IDTW.L and MKUW.L is 0.16, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.16 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.21 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.21 |
Correlation (All Time) Calculated using the full available price history since Oct 25, 2019 | 0.18 |
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
IDTW.L vs. MKUW.L — Risk / Return Rank
IDTW.L
MKUW.L
IDTW.L vs. MKUW.L - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for iShares MSCI Taiwan UCITS ETF USD (Dist) (IDTW.L) and Invesco Markets PLC - Invesco MSCI Kuwait UCITS ETF USD Acc (MKUW.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.
| IDTW.L | MKUW.L | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +2.45 | ||
| Sortino ratioReturn per unit of downside risk | +2.75 | ||
| Omega ratioGain probability vs. loss probability | 1.48 | 1.10 | +0.38 |
| Calmar ratioReturn relative to maximum drawdown | 7.24 | 0.70 | +6.54 |
| Martin ratioReturn relative to average drawdown | 19.11 | 1.63 | +17.49 |
Loading charts...
Drawdowns
IDTW.L vs. MKUW.L - Drawdown Comparison
The maximum IDTW.L drawdown since its inception was -60.07%, which is greater than MKUW.L's maximum drawdown of -37.76%. Use the drawdown chart below to compare losses from any high point for IDTW.L and MKUW.L.
Loading charts...
Drawdown Indicators
| IDTW.L | MKUW.L | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -60.07% | -37.76% | -22.31% |
Max Drawdown (1Y)Largest decline over 1 year | -11.44% | -7.47% | -3.97% |
Max Drawdown (3Y)Largest decline over 3 years | -28.24% | -14.16% | -14.08% |
Max Drawdown (5Y)Largest decline over 5 years | -40.98% | -25.13% | -15.85% |
Max Drawdown (10Y)Largest decline over 10 years | -40.98% | — | — |
Current DrawdownCurrent decline from peak | -11.06% | -2.89% | -8.17% |
Average DrawdownAverage peak-to-trough decline | -12.59% | -9.42% | -3.17% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 4.34% | 3.24% | +1.10% |
Volatility
IDTW.L vs. MKUW.L - Volatility Comparison
iShares MSCI Taiwan UCITS ETF USD (Dist) (IDTW.L) has a higher volatility of 11.69% compared to Invesco Markets PLC - Invesco MSCI Kuwait UCITS ETF USD Acc (MKUW.L) at 2.12%. This indicates that IDTW.L's price experiences larger fluctuations and is considered to be riskier than MKUW.L based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| IDTW.L | MKUW.L | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 11.69% | 2.12% | +9.57% |
Volatility (6M)Calculated over the trailing 6-month period | 24.41% | 8.09% | +16.32% |
Volatility (1Y)Calculated over the trailing 1-year period | 27.97% | 10.37% | +17.60% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 23.91% | 12.77% | +11.14% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 22.38% | 16.50% | +5.88% |
IDTW.L vs. MKUW.L - Expense Ratio Comparison
IDTW.L has a 0.74% expense ratio, which is higher than MKUW.L's 0.50% expense ratio.
Dividends
IDTW.L vs. MKUW.L - Dividend Comparison
IDTW.L's dividend yield for the trailing twelve months is around 0.96%, while MKUW.L has not paid dividends to shareholders.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
IDTW.L iShares MSCI Taiwan UCITS ETF USD (Dist) | 0.96% | 1.51% | 1.43% | 2.09% | 3.39% | 1.35% | 1.73% | 2.15% | 2.78% | 2.70% | 3.10% | 3.33% |
MKUW.L Invesco Markets PLC - Invesco MSCI Kuwait 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
IDTW.L and MKUW.L have a correlation of 0.16, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, MKUW.L is cheaper at 0.50% per year. The better choice depends on whether you care most about return, fees, risk, or income.
MKUW.L is cheaper with a 0.50% expense ratio, compared with 0.74% for IDTW.L.
IDTW.L tracks iShares MSCI Taiwan UCITS ETF USD (Dist), while MKUW.L tracks Invesco Markets PLC - Invesco MSCI Kuwait UCITS ETF USD Acc. They also come from different issuers: iShares and Invesco. Their fees differ too: 0.74% for IDTW.L and 0.50% for MKUW.L.
Find the right allocation for IDTW.L and MKUW.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