IGF vs. WQDV.L

Last updated Jun 21, 2026

IGF (iShares Global Infrastructure ETF) and WQDV.L (iShares MSCI World Quality Dividend ESG UCITS ETF USD (Dist)) are both exchange-traded funds - IGF is a Industrials Equities fund tracking the S&P Global Infrastructure Index (Net), while WQDV.L is a Global Equities fund tracking the MSCI World High Dividend Yield ESG Reduced Carbon Target Select Index. Both are passively managed. Over the past 5 years, IGF returned 10.85%/yr vs 12.29%/yr for WQDV.L. At a 0.47 correlation, their price movements are largely independent. IGF charges 0.39%/yr vs 0.38%/yr for WQDV.L.

Performance

IGF vs. WQDV.L - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in iShares Global Infrastructure ETF (IGF) and iShares MSCI World Quality Dividend ESG UCITS ETF USD (Dist) (WQDV.L). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, IGF achieves a 9.67% return, which is significantly lower than WQDV.L's 13.76% return.

IGF

• 1D: 0.58%
• 1M: -0.16%
• YTD: 9.67%
• 6M: 10.73%
• 1Y: 18.46%
• 3Y*: 15.62%
• 5Y*: 10.85%
• 10Y*: 8.40%

WQDV.L

• 1D: 0.00%
• 1M: 1.40%
• YTD: 13.76%
• 6M: 14.45%
• 1Y: 31.16%
• 3Y*: 18.65%
• 5Y*: 12.29%
• 10Y*: —

*Multi-year figures are annualized to reflect compound growth (CAGR)

IGF vs. WQDV.L - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
IGF iShares Global Infrastructure ETF	9.67%	21.31%	14.81%	6.14%	-1.26%	11.57%	-6.50%	25.82%	-9.95%	3.62%
WQDV.L iShares MSCI World Quality Dividend ESG UCITS ETF USD (Dist)	13.76%	24.16%	9.75%	17.23%	-6.95%	16.00%	-0.07%	22.73%	-7.80%	8.45%

Correlation

The correlation between IGF and WQDV.L is 0.36, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.36
Correlation (3Y) Calculated over the trailing 3-year period	0.38
Correlation (5Y) Calculated over the trailing 5-year period	0.45
Correlation (All Time) Calculated using the full available price history since Jun 12, 2017	0.47

The correlation between IGF and WQDV.L shifts across timeframes, from 0.36 (1 year) to 0.47 (all time), reflecting how their relationship changes across market environments.

IGF vs. WQDV.L - Sectors Allocation Comparison

Sectors	IGF	WQDV.L
Industrials	40.6%	9.5%
Utilities	39.7%	2.9%
Energy	19.6%	3.2%
Real Estate	0.1%	1.1%
Basic Materials	-	1.0%
Communication Services	-	5.5%
Consumer Cyclical	-	5.9%
Consumer Defensive	-	4.1%
Financial Services	-	16.0%
Healthcare	-	13.5%
Technology	-	37.3%

Return for Risk

IGF vs. WQDV.L — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

IGF

IGF Risk / Return Rank: 55
IGF Sharpe Ratio Rank: 52
IGF Sortino Ratio Rank: 53
IGF Omega Ratio Rank: 50
IGF Calmar Ratio Rank: 65
IGF Martin Ratio Rank: 53

WQDV.L

WQDV.L Risk / Return Rank: 84
WQDV.L Sharpe Ratio Rank: 86
WQDV.L Sortino Ratio Rank: 89
WQDV.L Omega Ratio Rank: 83
WQDV.L Calmar Ratio Rank: 81
WQDV.L Martin Ratio Rank: 80

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.

IGF vs. WQDV.L - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for iShares Global Infrastructure ETF (IGF) and iShares MSCI World Quality Dividend ESG UCITS ETF USD (Dist) (WQDV.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.

	IGF	WQDV.L	Difference
Sharpe ratio: Return per unit of total volatility	1.72	2.63	-0.91
Sortino ratio: Return per unit of downside risk	2.44	3.90	-1.46
Omega ratio: Gain probability vs. loss probability	1.31	1.47	-0.17
Calmar ratio: Return relative to maximum drawdown	3.10	4.05	-0.95
Martin ratio: Return relative to average drawdown	8.83	14.99	-6.16

IGF vs. WQDV.L - Sharpe Ratio Comparison

The current IGF Sharpe Ratio is 1.72, which is lower than the WQDV.L Sharpe Ratio of 2.63. The chart below compares the historical Sharpe Ratios of IGF and WQDV.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.

Drawdowns

IGF vs. WQDV.L - Drawdown Comparison

The maximum IGF drawdown since its inception was -58.33%, which is greater than WQDV.L's maximum drawdown of -33.16%. Use the drawdown chart below to compare losses from any high point for IGF and WQDV.L.

Drawdown Indicators

	IGF	WQDV.L	Difference
Max Drawdown Largest peak-to-trough decline	-58.33%	-33.16%	-25.17%
Max Drawdown (1Y) Largest decline over 1 year	-5.87%	-7.79%	+1.92%
Max Drawdown (3Y) Largest decline over 3 years	-14.28%	-14.03%	-0.25%
Max Drawdown (5Y) Largest decline over 5 years	-20.83%	-21.24%	+0.41%
Max Drawdown (10Y) Largest decline over 10 years	-42.11%	—	—
Current Drawdown Current decline from peak	-2.99%	-1.05%	-1.94%
Average Drawdown Average peak-to-trough decline	-11.85%	-4.27%	-7.58%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.06%	2.11%	-0.05%

Volatility

IGF vs. WQDV.L - Volatility Comparison

iShares Global Infrastructure ETF (IGF) and iShares MSCI World Quality Dividend ESG UCITS ETF USD (Dist) (WQDV.L) have volatilities of 3.45% and 3.61%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	IGF	WQDV.L	Difference
Volatility (1M) Calculated over the trailing 1-month period	3.45%	3.61%	-0.16%
Volatility (6M) Calculated over the trailing 6-month period	8.73%	9.39%	-0.66%
Volatility (1Y) Calculated over the trailing 1-year period	10.57%	12.08%	-1.51%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	13.97%	13.90%	+0.07%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	16.83%	14.66%	+2.17%

IGF vs. WQDV.L - Expense Ratio Comparison

IGF has a 0.39% expense ratio, which is higher than WQDV.L's 0.38% expense ratio.

Dividends

IGF vs. WQDV.L - Dividend Comparison

IGF's dividend yield for the trailing twelve months is around 2.91%, more than WQDV.L's 1.81% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
IGF iShares Global Infrastructure ETF	2.91%	3.23%	3.21%	3.36%	2.67%	2.42%	2.33%	3.27%	3.52%	2.95%	2.98%	3.25%
WQDV.L iShares MSCI World Quality Dividend ESG UCITS ETF USD (Dist)	1.81%	2.31%	2.58%	2.78%	2.95%	2.75%	2.81%	3.01%	3.28%	0.77%	0.00%	0.00%

Frequently Asked Questions

Can I hold both IGF and WQDV.L in my portfolio?

IGF and WQDV.L have a correlation of 0.36, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, IGF or WQDV.L?

On fees, WQDV.L is cheaper at 0.38% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, IGF or WQDV.L?

WQDV.L is cheaper with a 0.38% expense ratio, compared with 0.39% for IGF.

What is the main difference between IGF and WQDV.L?

IGF is categorized as Industrials Equities, while WQDV.L is Global Equities. IGF tracks S&P Global Infrastructure Index (Net), while WQDV.L tracks MSCI World High Dividend Yield ESG Reduced Carbon Target Select Index. Their fees differ too: 0.39% for IGF and 0.38% for WQDV.L.