IDTW.L vs. SHLD.L
IDTW.L (iShares MSCI Taiwan UCITS ETF USD (Dist)) and SHLD.L (iShares Digital Security UCITS ETF USD (Dist)) are both Technology Equities funds from iShares - IDTW.L tracks the MSCI Taiwan 20/35 Index (Net) (USD) while SHLD.L tracks the STOXX Global Digital Security Open Net Index in USD. Both are passively managed. Over the past 5 years, IDTW.L returned 18.84%/yr vs 9.10%/yr for SHLD.L. A 0.62 correlation means they provide meaningful diversification when combined. IDTW.L charges 0.74%/yr vs 0.40%/yr for SHLD.L.
Performance
IDTW.L vs. SHLD.L - Performance Comparison
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Returns By Period
In the year-to-date period, IDTW.L achieves a 51.77% return, which is significantly higher than SHLD.L's 16.56% return.
IDTW.L
- 1D
- -3.99%
- 1M
- -10.58%
- 6M
- 42.72%
- YTD
- 51.77%
- 1Y
- 73.35%
- 3Y*
- 37.69%
- 5Y*
- 18.84%
- 10Y*
- 19.92%
SHLD.L
- 1D
- -0.54%
- 1M
- 3.39%
- 6M
- 16.67%
- YTD
- 16.56%
- 1Y
- 21.82%
- 3Y*
- 19.12%
- 5Y*
- 9.10%
- 10Y*
- —
IDTW.L vs. SHLD.L - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | |
|---|---|---|---|---|---|---|---|---|---|
IDTW.L iShares MSCI Taiwan UCITS ETF USD (Dist) | 51.77% | 31.78% | 23.61% | 28.84% | -29.55% | 28.51% | 34.35% | 34.44% | 2.47% |
SHLD.L iShares Digital Security UCITS ETF USD (Dist) | 16.56% | 11.51% | 16.55% | 33.91% | -29.11% | 16.50% | 27.22% | 28.27% | -1.78% |
Correlation
The correlation between IDTW.L and SHLD.L is 0.48, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.48 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.55 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.60 |
Correlation (All Time) Calculated using the full available price history since Oct 30, 2018 | 0.62 |
The correlation between IDTW.L and SHLD.L shifts across timeframes, from 0.48 (1 year) to 0.62 (all time), reflecting how their relationship changes across market environments.
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Return for Risk
IDTW.L vs. SHLD.L — Risk / Return Rank
IDTW.L
SHLD.L
IDTW.L vs. SHLD.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 iShares Digital Security UCITS ETF USD (Dist) (SHLD.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 | SHLD.L | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +1.58 | ||
| Sortino ratioReturn per unit of downside risk | +1.65 | ||
| Omega ratioGain probability vs. loss probability | 1.43 | 1.18 | +0.24 |
| Calmar ratioReturn relative to maximum drawdown | 5.05 | 1.91 | +3.14 |
| Martin ratioReturn relative to average drawdown | 16.48 | 4.12 | +12.36 |
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Drawdowns
IDTW.L vs. SHLD.L - Drawdown Comparison
The maximum IDTW.L drawdown since its inception was -60.07%, which is greater than SHLD.L's maximum drawdown of -36.07%. Use the drawdown chart below to compare losses from any high point for IDTW.L and SHLD.L.
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Drawdown Indicators
| IDTW.L | SHLD.L | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -60.07% | -36.07% | -24.00% |
Max Drawdown (1Y)Largest decline over 1 year | -14.46% | -11.40% | -3.06% |
Max Drawdown (3Y)Largest decline over 3 years | -28.24% | -22.72% | -5.52% |
Max Drawdown (5Y)Largest decline over 5 years | -40.98% | -36.07% | -4.91% |
Max Drawdown (10Y)Largest decline over 10 years | -40.98% | — | — |
Current DrawdownCurrent decline from peak | -14.46% | -5.36% | -9.10% |
Average DrawdownAverage peak-to-trough decline | -12.59% | -9.27% | -3.32% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 4.44% | 5.28% | -0.84% |
Volatility
IDTW.L vs. SHLD.L - Volatility Comparison
iShares MSCI Taiwan UCITS ETF USD (Dist) (IDTW.L) has a higher volatility of 12.06% compared to iShares Digital Security UCITS ETF USD (Dist) (SHLD.L) at 6.81%. This indicates that IDTW.L's price experiences larger fluctuations and is considered to be riskier than SHLD.L based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| IDTW.L | SHLD.L | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 12.06% | 6.81% | +5.25% |
Volatility (6M)Calculated over the trailing 6-month period | 24.76% | 18.09% | +6.67% |
Volatility (1Y)Calculated over the trailing 1-year period | 28.27% | 21.64% | +6.63% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 23.97% | 21.39% | +2.58% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 22.41% | 21.22% | +1.19% |
IDTW.L vs. SHLD.L - Expense Ratio Comparison
IDTW.L has a 0.74% expense ratio, which is higher than SHLD.L's 0.40% expense ratio.
Dividends
IDTW.L vs. SHLD.L - Dividend Comparison
IDTW.L's dividend yield for the trailing twelve months is around 0.99%, more than SHLD.L's 0.35% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
IDTW.L iShares MSCI Taiwan UCITS ETF USD (Dist) | 0.99% | 1.51% | 1.43% | 2.09% | 3.39% | 1.35% | 1.73% | 2.15% | 2.78% | 2.70% | 3.10% | 3.33% |
SHLD.L iShares Digital Security UCITS ETF USD (Dist) | 0.35% | 0.39% | 0.48% | 0.43% | 0.63% | 0.66% | 0.84% | 1.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Frequently Asked Questions
IDTW.L and SHLD.L have a correlation of 0.48, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, SHLD.L is cheaper at 0.40% per year. The better choice depends on whether you care most about return, fees, risk, or income.
SHLD.L is cheaper with a 0.40% expense ratio, compared with 0.74% for IDTW.L.
IDTW.L tracks MSCI Taiwan 20/35 Index (Net) (USD), while SHLD.L tracks STOXX Global Digital Security Open Net Index in USD. Their fees differ too: 0.74% for IDTW.L and 0.40% for SHLD.L.
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