IKSA.L vs. WRDA.L
IKSA.L (iShares MSCI Saudi Arabia Capped UCITS ETF USD (Acc)) and WRDA.L (UBS Core MSCI World UCITS ETF USD Acc) are both Global Equities funds - IKSA.L tracks the iShares MSCI Saudi Arabia Capped UCITS ETF USD (Acc) while WRDA.L tracks the MSCI World Index. Both are passively managed. Over the past year, IKSA.L returned 2.55% vs 22.07% for WRDA.L. At a 0.33 correlation, their price movements are largely independent. IKSA.L charges 0.60%/yr vs 0.06%/yr for WRDA.L.
Performance
IKSA.L vs. WRDA.L - Performance Comparison
Loading charts...
Different Trading Currencies
IKSA.L is traded in USD, while WRDA.L is traded in GBp. To make them comparable, the WRDA.L values have been converted to USD using the latest available exchange rates.
Returns By Period
In the year-to-date period, IKSA.L achieves a 3.91% return, which is significantly lower than WRDA.L's 10.11% return.
IKSA.L
- 1D
- -0.06%
- 1M
- -3.30%
- 6M
- -1.94%
- YTD
- 3.91%
- 1Y
- 2.55%
- 3Y*
- -0.39%
- 5Y*
- 2.00%
- 10Y*
- —
WRDA.L
- 1D
- 0.00%
- 1M
- 0.23%
- 6M
- 8.92%
- YTD
- 10.11%
- 1Y
- 22.07%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
IKSA.L vs. WRDA.L - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | |
|---|---|---|---|
IKSA.L iShares MSCI Saudi Arabia Capped UCITS ETF USD (Acc) | 3.91% | -5.49% | 0.47% |
WRDA.L UBS Core MSCI World UCITS ETF USD Acc | 10.11% | 21.28% | 17.83% |
Correlation
The correlation between IKSA.L and WRDA.L is 0.27, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.27 |
Correlation (All Time) Calculated using the full available price history since Feb 1, 2024 | 0.33 |
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Return for Risk
IKSA.L vs. WRDA.L — Risk / Return Rank
IKSA.L
WRDA.L
IKSA.L vs. WRDA.L - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for iShares MSCI Saudi Arabia Capped UCITS ETF USD (Acc) (IKSA.L) and UBS Core MSCI World UCITS ETF USD Acc (WRDA.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.
| IKSA.L | WRDA.L | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.32 | ||
| Sortino ratioReturn per unit of downside risk | -0.74 | ||
| Omega ratioGain probability vs. loss probability | 1.05 | 1.34 | -0.29 |
| Calmar ratioReturn relative to maximum drawdown | 0.26 | 0.80 | -0.54 |
| Martin ratioReturn relative to average drawdown | 0.56 | 1.20 | -0.64 |
Loading charts...
Drawdowns
IKSA.L vs. WRDA.L - Drawdown Comparison
The maximum IKSA.L drawdown since its inception was -52.22%, which is greater than WRDA.L's maximum drawdown of -27.71%. Use the drawdown chart below to compare losses from any high point for IKSA.L and WRDA.L.
Loading charts...
Drawdown Indicators
| IKSA.L | WRDA.L | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -52.22% | -27.71% | -24.51% |
Max Drawdown (1Y)Largest decline over 1 year | -11.09% | -27.71% | +16.62% |
Max Drawdown (3Y)Largest decline over 3 years | -15.79% | — | — |
Max Drawdown (5Y)Largest decline over 5 years | -29.81% | — | — |
Current DrawdownCurrent decline from peak | -18.45% | -15.53% | -2.92% |
Average DrawdownAverage peak-to-trough decline | -15.63% | -7.46% | -8.17% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 5.15% | 18.35% | -13.20% |
Volatility
IKSA.L vs. WRDA.L - Volatility Comparison
The current volatility for iShares MSCI Saudi Arabia Capped UCITS ETF USD (Acc) (IKSA.L) is 2.54%, while UBS Core MSCI World UCITS ETF USD Acc (WRDA.L) has a volatility of 2.96%. This indicates that IKSA.L experiences smaller price fluctuations and is considered to be less risky than WRDA.L based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| IKSA.L | WRDA.L | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 2.54% | 2.96% | -0.42% |
Volatility (6M)Calculated over the trailing 6-month period | 10.66% | 9.04% | +1.62% |
Volatility (1Y)Calculated over the trailing 1-year period | 15.27% | 43.30% | -28.03% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 15.83% | 29.74% | -13.91% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 23.02% | 29.74% | -6.72% |
IKSA.L vs. WRDA.L - Expense Ratio Comparison
IKSA.L has a 0.60% expense ratio, which is higher than WRDA.L's 0.06% expense ratio.
Dividends
IKSA.L vs. WRDA.L - Dividend Comparison
Neither IKSA.L nor WRDA.L has paid dividends to shareholders.
Frequently Asked Questions
IKSA.L and WRDA.L have a correlation of 0.27, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, WRDA.L is cheaper at 0.06% per year. The better choice depends on whether you care most about return, fees, risk, or income.
WRDA.L is cheaper with a 0.06% expense ratio, compared with 0.60% for IKSA.L.
IKSA.L tracks iShares MSCI Saudi Arabia Capped UCITS ETF USD (Acc), while WRDA.L tracks MSCI World Index. They also come from different issuers: iShares and UBS. Their fees differ too: 0.60% for IKSA.L and 0.06% for WRDA.L.
Find the right allocation for IKSA.L and WRDA.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