IDWR.L vs. IGLN.L
IDWR.L (iShares MSCI World UCITS) and IGLN.L (iShares Physical Gold ETC) are both exchange-traded funds - IDWR.L is a Global Equities fund tracking the MSCI ACWI NR USD, while IGLN.L is a Gold fund tracking the LBMA Gold Price. Both are passively managed. Over the past 10 years, IDWR.L returned 12.75%/yr vs 13.42%/yr for IGLN.L. At a 0.11 correlation, their price movements are largely independent. IDWR.L charges 0.50%/yr vs 0.25%/yr for IGLN.L.
Performance
IDWR.L vs. IGLN.L - Performance Comparison
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Returns By Period
In the year-to-date period, IDWR.L achieves a 9.72% return, which is significantly higher than IGLN.L's 3.70% return. Over the past 10 years, IDWR.L has underperformed IGLN.L with an annualized return of 12.75%, while IGLN.L has yielded a comparatively higher 13.42% 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%
IGLN.L
- 1D
- 0.68%
- 1M
- -2.35%
- YTD
- 3.70%
- 6M
- 6.03%
- 1Y
- 32.37%
- 3Y*
- 31.55%
- 5Y*
- 18.61%
- 10Y*
- 13.42%
IDWR.L vs. IGLN.L - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
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% |
IGLN.L iShares Physical Gold ETC | 3.70% | 64.92% | 26.14% | 13.44% | -0.09% | -4.03% | 24.16% | 18.28% | -1.31% | 11.67% |
Correlation
The correlation between IDWR.L and IGLN.L is 0.33, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.33 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.23 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.21 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.12 |
Correlation (All Time) Calculated using the full available price history since Apr 13, 2011 | 0.11 |
Over the past year, IDWR.L and IGLN.L have become more correlated (0.33) than their long-term average of 0.11, meaning their price movements have been converging.
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Return for Risk
IDWR.L vs. IGLN.L — Risk / Return Rank
IDWR.L
IGLN.L
IDWR.L vs. IGLN.L - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for iShares MSCI World UCITS (IDWR.L) and iShares Physical Gold ETC (IGLN.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.L | IGLN.L | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.85 | ||
| Sortino ratioReturn per unit of downside risk | +1.47 | ||
| Omega ratioGain probability vs. loss probability | 1.39 | 1.25 | +0.14 |
| Calmar ratioReturn relative to maximum drawdown | 3.07 | 1.86 | +1.21 |
| Martin ratioReturn relative to average drawdown | 12.98 | 4.79 | +8.19 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| IDWR.L | IGLN.L | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 2.15 | 1.30 | +0.85 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.74 | 1.07 | -0.33 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.80 | 0.86 | -0.06 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.46 | 0.46 | +0.01 |
Drawdowns
IDWR.L vs. IGLN.L - Drawdown Comparison
The maximum IDWR.L drawdown since its inception was -56.75%, which is greater than IGLN.L's maximum drawdown of -45.24%. Use the drawdown chart below to compare losses from any high point for IDWR.L and IGLN.L.
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Drawdown Indicators
| IDWR.L | IGLN.L | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -56.75% | -45.24% | -11.51% |
Max Drawdown (1Y)Largest decline over 1 year | -8.29% | -17.36% | +9.07% |
Max Drawdown (3Y)Largest decline over 3 years | -17.08% | -17.36% | +0.28% |
Max Drawdown (5Y)Largest decline over 5 years | -26.04% | -21.15% | -4.89% |
Max Drawdown (10Y)Largest decline over 10 years | -34.06% | -21.15% | -12.91% |
Current DrawdownCurrent decline from peak | -0.46% | -15.66% | +15.20% |
Average DrawdownAverage peak-to-trough decline | -9.61% | -19.80% | +10.19% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.96% | 6.74% | -4.78% |
Volatility
IDWR.L vs. IGLN.L - Volatility Comparison
The current volatility for iShares MSCI World UCITS (IDWR.L) is 3.30%, while iShares Physical Gold ETC (IGLN.L) has a volatility of 6.36%. This indicates that IDWR.L experiences smaller price fluctuations and is considered to be less risky than IGLN.L based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| IDWR.L | IGLN.L | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 3.30% | 6.36% | -3.06% |
Volatility (6M)Calculated over the trailing 6-month period | 9.08% | 21.73% | -12.65% |
Volatility (1Y)Calculated over the trailing 1-year period | 11.85% | 24.78% | -12.93% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 15.60% | 17.36% | -1.76% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 15.86% | 15.54% | +0.32% |
IDWR.L vs. IGLN.L - Expense Ratio Comparison
IDWR.L has a 0.50% expense ratio, which is higher than IGLN.L's 0.25% expense ratio.
Dividends
IDWR.L vs. IGLN.L - Dividend Comparison
IDWR.L's dividend yield for the trailing twelve months is around 0.85%, while IGLN.L has not paid dividends to shareholders.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
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% |
IGLN.L iShares Physical Gold ETC | 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
IDWR.L and IGLN.L have a correlation of 0.33, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, IGLN.L is cheaper at 0.25% per year. The better choice depends on whether you care most about return, fees, risk, or income.
IGLN.L is cheaper with a 0.25% expense ratio, compared with 0.50% for IDWR.L.
IDWR.L is categorized as Global Equities, while IGLN.L is Gold. IDWR.L tracks MSCI ACWI NR USD, while IGLN.L tracks LBMA Gold Price. Their fees differ too: 0.50% for IDWR.L and 0.25% for IGLN.L.
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