PortfoliosLab logoPortfoliosLab logo

Documentation

Upgrade your plan
IDWR.L vs. CSP1.L
Performance
Return for Risk
Drawdowns
Volatility
Dividends

IDWR.L vs. CSP1.L

Last updated Jun 5, 2026

IDWR.L (iShares MSCI World UCITS) and CSP1.L (iShares Core S&P 500 UCITS ETF) are both exchange-traded funds - IDWR.L is a Global Equities fund tracking the MSCI ACWI NR USD, while CSP1.L is a S&P 500 fund tracking the S&P 500 Index. Both are passively managed. Over the past 10 years, IDWR.L returned 12.75%/yr vs 15.23%/yr for CSP1.L. A 0.79 correlation means they provide meaningful diversification when combined. IDWR.L charges 0.50%/yr vs 0.07%/yr for CSP1.L.

Performance

IDWR.L vs. CSP1.L - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in iShares MSCI World UCITS (IDWR.L) and iShares Core S&P 500 UCITS ETF (CSP1.L). The values are adjusted to include any dividend payments, if applicable.

Loading charts...

Different Trading Currencies

IDWR.L is traded in USD, while CSP1.L is traded in GBp. To make them comparable, the CSP1.L values have been converted to USD using the latest available exchange rates.

Returns By Period

In the year-to-date period, IDWR.L achieves a 9.72% return, which is significantly lower than CSP1.L's 10.28% return. Over the past 10 years, IDWR.L has underperformed CSP1.L with an annualized return of 12.75%, while CSP1.L has yielded a comparatively higher 15.23% annualized return.

IDWR.L

1D
0.09%
1M
4.01%
YTD
9.72%
6M
10.83%
1Y
25.57%
3Y*
20.43%
5Y*
11.53%
10Y*
12.75%

CSP1.L

1D
0.10%
1M
4.65%
YTD
10.28%
6M
11.29%
1Y
27.90%
3Y*
22.09%
5Y*
13.73%
10Y*
15.23%
*Multi-year figures are annualized to reflect compound growth (CAGR)

IDWR.L vs. CSP1.L - Yearly Performance Comparison

2026 (YTD)202520242023202220212020201920182017
IDWR.L
iShares MSCI World UCITS		9.72%20.58%18.78%24.08%-18.32%21.58%15.70%26.75%-9.24%22.59%
CSP1.L
iShares Core S&P 500 UCITS ETF		10.28%17.63%25.22%26.11%-18.77%29.88%17.14%31.49%-5.65%21.38%

Correlation

The correlation between IDWR.L and CSP1.L is 0.89, indicating a strong positive relationship between their price movements. Combining them offers limited diversification - they tend to fall together during downturns.

Correlation
Correlation (1Y)
Calculated over the trailing 1-year period

0.89

Correlation (3Y)
Calculated over the trailing 3-year period

0.89

Correlation (5Y)
Calculated over the trailing 5-year period

0.91

Correlation (10Y)
Calculated over the trailing 10-year period

0.88

Correlation (All Time)
Calculated using the full available price history since Sep 16, 2010

0.79

The correlation between IDWR.L and CSP1.L shifts across timeframes, from 0.79 (all time) to 0.91 (5 years), reflecting how their relationship changes across market environments.

IDWR.L vs. CSP1.L - Sectors Allocation Comparison

Sectors
IDWR.L
CSP1.L

Technology

31.0%
38.0%

Financial Services

15.1%
11.3%

Industrials

10.5%
7.9%

Consumer Cyclical

9.1%
9.9%

Communication Services

8.9%
10.7%

Healthcare

8.5%
8.4%

Consumer Defensive

5.0%
4.7%

Energy

3.9%
3.4%

Basic Materials

3.2%
1.7%

Utilities

2.6%
2.2%

Real Estate

1.6%
1.9%

Technology

IDWR.L
31.0%
CSP1.L
38.0%

Financial Services

IDWR.L
15.1%
CSP1.L
11.3%

Industrials

IDWR.L
10.5%
CSP1.L
7.9%

Consumer Cyclical

IDWR.L
9.1%
CSP1.L
9.9%

Communication Services

IDWR.L
8.9%
CSP1.L
10.7%

Healthcare

IDWR.L
8.5%
CSP1.L
8.4%

Consumer Defensive

IDWR.L
5.0%
CSP1.L
4.7%

Energy

IDWR.L
3.9%
CSP1.L
3.4%

Basic Materials

IDWR.L
3.2%
CSP1.L
1.7%

Utilities

IDWR.L
2.6%
CSP1.L
2.2%

Real Estate

IDWR.L
1.6%
CSP1.L
1.9%

Compare stocks, funds, or ETFs

Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.

iShares MSCI World UCITS

iShares Core S&P 500 UCITS ETF

Often compared with IDWR.L:
IDWR.L vs. VWRL.LIDWR.L vs. XESX.LIDWR.L vs. XESC.DEIDWR.L vs. URTHIDWR.L vs. XDWL.DEIDWR.L vs. IWDA.ASIDWR.L vs. SXR8.DE
Often compared with CSP1.L:
CSP1.L vs. CSPX.LCSP1.L vs. VUAG.LCSP1.L vs. SPYCSP1.L vs. IUSA.LCSP1.L vs. VUAA.LCSP1.L vs. SPY5.LCSP1.L vs. VOO

Return for Risk

IDWR.L vs. CSP1.L — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.
IDWR.L
IDWR.L Risk / Return Rank: 6767
Overall Rank
IDWR.L Sharpe Ratio Rank: 6666
Sharpe Ratio Rank
IDWR.L Sortino Ratio Rank: 7272
Sortino Ratio Rank
IDWR.L Omega Ratio Rank: 6666
Omega Ratio Rank
IDWR.L Calmar Ratio Rank: 6363
Calmar Ratio Rank
IDWR.L Martin Ratio Rank: 7171
Martin Ratio Rank
CSP1.L
CSP1.L Risk / Return Rank: 8282
Overall Rank
CSP1.L Sharpe Ratio Rank: 8484
Sharpe Ratio Rank
CSP1.L Sortino Ratio Rank: 8383
Sortino Ratio Rank
CSP1.L Omega Ratio Rank: 8585
Omega Ratio Rank
CSP1.L Calmar Ratio Rank: 8080
Calmar Ratio Rank
CSP1.L Martin Ratio Rank: 7878
Martin Ratio Rank
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.

IDWR.L vs. CSP1.L - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for iShares MSCI World UCITS (IDWR.L) and iShares Core S&P 500 UCITS ETF (CSP1.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.

IDWR.LCSP1.LDifference
Sharpe ratioReturn per unit of total volatility
2.15
2.48

-0.33

Sortino ratioReturn per unit of downside risk
3.20
3.57

-0.37

Omega ratioGain probability vs. loss probability

1.39

1.44

-0.05

Calmar ratioReturn relative to maximum drawdown

3.07

3.20

-0.13

Martin ratioReturn relative to average drawdown

12.98

13.82

-0.83

Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

IDWR.L vs. CSP1.L - Sharpe Ratio Comparison

The current IDWR.L Sharpe Ratio is 2.15, which is comparable to the CSP1.L Sharpe Ratio of 2.48. The chart below compares the historical Sharpe Ratios of IDWR.L and CSP1.L, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Loading charts...

Sharpe Ratios by Period

IDWR.LCSP1.LDifference

Sharpe Ratio (1Y)

Calculated over the trailing 1-year period

2.15

2.48

-0.33

Sharpe Ratio (5Y)

Calculated over the trailing 5-year period

0.74

0.88

-0.14

Sharpe Ratio (10Y)

Calculated over the trailing 10-year period

0.80

0.94

-0.14

Sharpe Ratio (All Time)

Calculated using the full available price history

0.46

1.00

-0.53

Drawdowns

IDWR.L vs. CSP1.L - Drawdown Comparison

The maximum IDWR.L drawdown since its inception was -56.75%, which is greater than CSP1.L's maximum drawdown of -33.51%. Use the drawdown chart below to compare losses from any high point for IDWR.L and CSP1.L.

Loading charts...

Drawdown Indicators

IDWR.LCSP1.LDifference

Max Drawdown

Largest peak-to-trough decline

-56.75%

-33.51%

-23.24%

Max Drawdown (1Y)

Largest decline over 1 year

-8.29%

-8.68%

+0.39%

Max Drawdown (3Y)

Largest decline over 3 years

-17.08%

-18.69%

+1.61%

Max Drawdown (5Y)

Largest decline over 5 years

-26.04%

-25.16%

-0.88%

Max Drawdown (10Y)

Largest decline over 10 years

-34.06%

-33.51%

-0.55%

Current Drawdown

Current decline from peak

-0.46%

-0.55%

+0.09%

Average Drawdown

Average peak-to-trough decline

-9.61%

-3.87%

-5.74%

Ulcer Index

Depth and duration of drawdowns from previous peaks

1.96%

2.01%

-0.05%

Volatility

IDWR.L vs. CSP1.L - Volatility Comparison

iShares MSCI World UCITS (IDWR.L) has a higher volatility of 3.30% compared to iShares Core S&P 500 UCITS ETF (CSP1.L) at 2.58%. This indicates that IDWR.L's price experiences larger fluctuations and is considered to be riskier than CSP1.L based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Loading charts...

Volatility by Period

IDWR.LCSP1.LDifference

Volatility (1M)

Calculated over the trailing 1-month period

3.30%

2.58%

+0.72%

Volatility (6M)

Calculated over the trailing 6-month period

9.08%

7.99%

+1.09%

Volatility (1Y)

Calculated over the trailing 1-year period

11.85%

11.21%

+0.64%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

15.60%

15.68%

-0.08%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

15.86%

16.12%

-0.26%

IDWR.L vs. CSP1.L - Expense Ratio Comparison

IDWR.L has a 0.50% expense ratio, which is higher than CSP1.L's 0.07% expense ratio.

Dividends

IDWR.L vs. CSP1.L - Dividend Comparison

IDWR.L's dividend yield for the trailing twelve months is around 0.85%, while CSP1.L has not paid dividends to shareholders.

PositionTTM20252024202320222021202020192018201720162015
CSP1.L
iShares Core S&P 500 UCITS ETF		0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%
IDWR.L
iShares MSCI World UCITS		0.85%0.93%1.08%1.29%1.46%1.05%1.14%1.61%1.87%1.58%1.77%1.83%

Frequently Asked Questions

IDWR.L and CSP1.L have a correlation of 0.89, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

On fees, CSP1.L is cheaper at 0.07% per year. The better choice depends on whether you care most about return, fees, risk, or income.

CSP1.L is cheaper with a 0.07% expense ratio, compared with 0.50% for IDWR.L.

IDWR.L is categorized as Global Equities, while CSP1.L is S&P 500. IDWR.L tracks MSCI ACWI NR USD, while CSP1.L tracks S&P 500 Index. Their fees differ too: 0.50% for IDWR.L and 0.07% for CSP1.L.

Portfolio Optimizer

Find the right allocation for IDWR.L and CSP1.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