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IGWD.L vs. PRWU.L
Performance
Return for Risk
Drawdowns
Volatility
Dividends

IGWD.L vs. PRWU.L

Last updated Jun 5, 2026

IGWD.L (iShares MSCI World GBP Hedged UCITS ETF Accumulating) and PRWU.L (Amundi Prime Global UCITS ETF DR (C)) are both Global Equities funds - IGWD.L tracks the MSCI World 100% Hedged to GBP Index while PRWU.L tracks the MSCI ACWI NR USD. Both are passively managed. A 0.58 correlation means they provide meaningful diversification when combined. IGWD.L charges 0.55%/yr vs 0.05%/yr for PRWU.L.

Performance

IGWD.L vs. PRWU.L - Performance Comparison

The chart below illustrates the hypothetical performance of a £10,000 investment in iShares MSCI World GBP Hedged UCITS ETF Accumulating (IGWD.L) and Amundi Prime Global UCITS ETF DR (C) (PRWU.L). The values are adjusted to include any dividend payments, if applicable.

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Different Trading Currencies

IGWD.L is traded in GBP, while PRWU.L is traded in USD. To make them comparable, the PRWU.L values have been converted to GBP using the latest available exchange rates.

Returns By Period

IGWD.L

1D
0.11%
1M
4.42%
YTD
9.78%
6M
10.82%
1Y
25.97%
3Y*
20.22%
5Y*
11.96%
10Y*
12.23%

PRWU.L

1D
—
1M
—
YTD
—
6M
—
1Y
—
3Y*
—
5Y*
—
10Y*
—
*Multi-year figures are annualized to reflect compound growth (CAGR)

IGWD.L vs. PRWU.L - Yearly Performance Comparison

2026 (YTD)2025202420232022
IGWD.L
iShares MSCI World GBP Hedged UCITS ETF Accumulating		9.78%18.77%21.32%22.41%1.06%
PRWU.L
Amundi Prime Global UCITS ETF DR (C)		0.00%0.00%20.63%18.25%1.23%

Correlation

The correlation between IGWD.L and PRWU.L is 0.58, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.

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

0.51

Correlation (All Time)
Calculated using the full available price history since Jul 14, 2022

0.58

The correlation between IGWD.L and PRWU.L has been stable across timeframes, ranging from 0.51 to 0.58 - a consistent structural relationship.

IGWD.L vs. PRWU.L - Sectors Allocation Comparison

Sectors
IGWD.L
PRWU.L

Technology

28.3%
27.0%

Financial Services

15.7%
15.8%

Industrials

11.4%
9.9%

Consumer Cyclical

9.3%
10.5%

Communication Services

9.3%
8.1%

Healthcare

8.8%
10.7%

Consumer Defensive

5.2%
6.1%

Energy

4.2%
4.0%

Basic Materials

3.3%
3.2%

Utilities

2.7%
2.7%

Real Estate

1.9%
2.1%

Technology

IGWD.L
28.3%
PRWU.L
27.0%

Financial Services

IGWD.L
15.7%
PRWU.L
15.8%

Industrials

IGWD.L
11.4%
PRWU.L
9.9%

Consumer Cyclical

IGWD.L
9.3%
PRWU.L
10.5%

Communication Services

IGWD.L
9.3%
PRWU.L
8.1%

Healthcare

IGWD.L
8.8%
PRWU.L
10.7%

Consumer Defensive

IGWD.L
5.2%
PRWU.L
6.1%

Energy

IGWD.L
4.2%
PRWU.L
4.0%

Basic Materials

IGWD.L
3.3%
PRWU.L
3.2%

Utilities

IGWD.L
2.7%
PRWU.L
2.7%

Real Estate

IGWD.L
1.9%
PRWU.L
2.1%

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iShares MSCI World GBP Hedged UCITS ETF Accumulating

Amundi Prime Global UCITS ETF DR (C)

Often compared with IGWD.L:
IGWD.L vs. IWDA.LIGWD.L vs. CNDX.LIGWD.L vs. CSP1.LIGWD.L vs. IITU.LIGWD.L vs. SMT.LIGWD.L vs. EIMI.LIGWD.L vs. ISAC.L
Often compared with PRWU.L:
PRWU.L vs. SPYI.DEPRWU.L vs. VWRA.LPRWU.L vs. SWDA.LPRWU.L vs. LILMPRWU.L vs. CSPX.LPRWU.L vs. SWRD.LPRWU.L vs. VT

Return for Risk

IGWD.L vs. PRWU.L — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.
IGWD.L
IGWD.L Risk / Return Rank: 7373
Overall Rank
IGWD.L Sharpe Ratio Rank: 7070
Sharpe Ratio Rank
IGWD.L Sortino Ratio Rank: 7575
Sortino Ratio Rank
IGWD.L Omega Ratio Rank: 7272
Omega Ratio Rank
IGWD.L Calmar Ratio Rank: 6969
Calmar Ratio Rank
IGWD.L Martin Ratio Rank: 7878
Martin Ratio Rank
PRWU.L
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.

IGWD.L vs. PRWU.L - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for iShares MSCI World GBP Hedged UCITS ETF Accumulating (IGWD.L) and Amundi Prime Global UCITS ETF DR (C) (PRWU.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.

IGWD.LPRWU.LDifference
Sharpe ratioReturn per unit of total volatility
2.26

—

—

Sortino ratioReturn per unit of downside risk
3.30

—

—

Omega ratioGain probability vs. loss probability

1.42

—

—

Calmar ratioReturn relative to maximum drawdown

3.38

—

—

Martin ratioReturn relative to average drawdown

14.65

—

—

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

IGWD.L vs. PRWU.L - Sharpe Ratio Comparison

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Sharpe Ratios by Period

IGWD.LPRWU.LDifference

Sharpe Ratio (1Y)

Calculated over the trailing 1-year period

2.26

—

—

Sharpe Ratio (5Y)

Calculated over the trailing 5-year period

0.81

—

—

Sharpe Ratio (10Y)

Calculated over the trailing 10-year period

0.79

—

—

Sharpe Ratio (All Time)

Calculated using the full available price history

0.72

—

—

Drawdowns

IGWD.L vs. PRWU.L - Drawdown Comparison

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Drawdown Indicators

IGWD.LPRWU.LDifference

Max Drawdown

Largest peak-to-trough decline

-35.37%

—

—

Max Drawdown (1Y)

Largest decline over 1 year

-7.65%

—

—

Max Drawdown (3Y)

Largest decline over 3 years

-17.58%

—

—

Max Drawdown (5Y)

Largest decline over 5 years

-23.08%

—

—

Max Drawdown (10Y)

Largest decline over 10 years

-35.37%

—

—

Current Drawdown

Current decline from peak

-0.33%

—

—

Average Drawdown

Average peak-to-trough decline

-4.39%

—

—

Ulcer Index

Depth and duration of drawdowns from previous peaks

1.77%

—

—

Volatility

IGWD.L vs. PRWU.L - Volatility Comparison

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Volatility by Period

IGWD.LPRWU.LDifference

Volatility (1M)

Calculated over the trailing 1-month period

3.13%

—

—

Volatility (6M)

Calculated over the trailing 6-month period

8.63%

—

—

Volatility (1Y)

Calculated over the trailing 1-year period

11.44%

—

—

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

14.78%

—

—

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

15.47%

—

—

IGWD.L vs. PRWU.L - Expense Ratio Comparison

IGWD.L has a 0.55% expense ratio, which is higher than PRWU.L's 0.05% expense ratio.

Dividends

IGWD.L vs. PRWU.L - Dividend Comparison

Neither IGWD.L nor PRWU.L has paid dividends to shareholders.

Tickers have no history of dividend payments

Frequently Asked Questions

IGWD.L and PRWU.L have a correlation of 0.58, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

On fees, PRWU.L is cheaper at 0.05% per year. The better choice depends on whether you care most about return, fees, risk, or income.

PRWU.L is cheaper with a 0.05% expense ratio, compared with 0.55% for IGWD.L.

IGWD.L tracks MSCI World 100% Hedged to GBP Index, while PRWU.L tracks MSCI ACWI NR USD. They also come from different issuers: iShares and Amundi. Their fees differ too: 0.55% for IGWD.L and 0.05% for PRWU.L.

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