IKSD.L vs. IWVG.L

Last updated Jul 16, 2026

IKSD.L (iShares MSCI Saudi Arabia Capped UCITS ETF USD (Dist)) and IWVG.L (iShares Edge MSCI World Value Factor UCITS ETF USD (Dist)) are both Global Equities funds from iShares - IKSD.L tracks the iShares MSCI Saudi Arabia Capped UCITS ETF USD (Dist) while IWVG.L tracks the MSCI ACWI Value NR USD. Both are passively managed. Over the past 5 years, IKSD.L returned 1.64%/yr vs 16.55%/yr for IWVG.L. At a 0.38 correlation, their price movements are largely independent. IKSD.L charges 0.60%/yr vs 0.30%/yr for IWVG.L.

Performance

IKSD.L vs. IWVG.L - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in iShares MSCI Saudi Arabia Capped UCITS ETF USD (Dist) (IKSD.L) and iShares Edge MSCI World Value Factor UCITS ETF USD (Dist) (IWVG.L). The values are adjusted to include any dividend payments, if applicable.

Different Trading Currencies

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

Returns By Period

In the year-to-date period, IKSD.L achieves a 2.62% return, which is significantly lower than IWVG.L's 29.21% return.

IKSD.L

• 1D: 0.04%
• 1M: -3.32%
• 6M: -2.78%
• YTD: 2.62%
• 1Y: 1.40%
• 3Y*: -0.83%
• 5Y*: 1.64%
• 10Y*: —

IWVG.L

• 1D: -1.38%
• 1M: -4.12%
• 6M: 25.30%
• YTD: 29.21%
• 1Y: 56.72%
• 3Y*: 26.65%
• 5Y*: 16.55%
• 10Y*: —

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

IKSD.L vs. IWVG.L - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019
IKSD.L iShares MSCI Saudi Arabia Capped UCITS ETF USD (Dist)	2.62%	-5.43%	0.13%	9.58%	-5.52%	36.62%	0.63%	-13.40%
IWVG.L iShares Edge MSCI World Value Factor UCITS ETF USD (Dist)	29.21%	41.17%	4.80%	19.04%	-9.76%	20.14%	-4.01%	7.95%

Correlation

The correlation between IKSD.L and IWVG.L is 0.25, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.25
Correlation (3Y) Calculated over the trailing 3-year period	0.33
Correlation (5Y) Calculated over the trailing 5-year period	0.37
Correlation (All Time) Calculated using the full available price history since Apr 26, 2019	0.38

The correlation between IKSD.L and IWVG.L shifts across timeframes, from 0.25 (1 year) to 0.38 (all time), reflecting how their relationship changes across market environments.

Return for Risk

IKSD.L vs. IWVG.L — Risk / Return Rank

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

IKSD.L

IKSD.L Risk / Return Rank: 11
IKSD.L Sharpe Ratio Rank: 11
IKSD.L Sortino Ratio Rank: 11
IKSD.L Omega Ratio Rank: 10
IKSD.L Calmar Ratio Rank: 11
IKSD.L Martin Ratio Rank: 11

IWVG.L

IWVG.L Risk / Return Rank: 96
IWVG.L Sharpe Ratio Rank: 97
IWVG.L Sortino Ratio Rank: 96
IWVG.L Omega Ratio Rank: 96
IWVG.L Calmar Ratio Rank: 97
IWVG.L Martin Ratio Rank: 96

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.

IKSD.L vs. IWVG.L - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for iShares MSCI Saudi Arabia Capped UCITS ETF USD (Dist) (IKSD.L) and iShares Edge MSCI World Value Factor UCITS ETF USD (Dist) (IWVG.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.

	IKSD.L	IWVG.L	Difference
Sharpe ratio: Return per unit of total volatility	0.11	3.48	-3.37
Sortino ratio: Return per unit of downside risk	0.27	4.73	-4.46
Omega ratio: Gain probability vs. loss probability	1.03	1.60	-0.57
Calmar ratio: Return relative to maximum drawdown	0.14	6.55	-6.41
Martin ratio: Return relative to average drawdown	0.30	23.13	-22.82

IKSD.L vs. IWVG.L - Sharpe Ratio Comparison

The current IKSD.L Sharpe Ratio is 0.11, which is lower than the IWVG.L Sharpe Ratio of 3.48. The chart below compares the historical Sharpe Ratios of IKSD.L and IWVG.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

IKSD.L vs. IWVG.L - Drawdown Comparison

The maximum IKSD.L drawdown since its inception was -41.86%, which is greater than IWVG.L's maximum drawdown of -35.79%. Use the drawdown chart below to compare losses from any high point for IKSD.L and IWVG.L.

Drawdown Indicators

	IKSD.L	IWVG.L	Difference
Max Drawdown Largest peak-to-trough decline	-41.86%	-35.79%	-6.07%
Max Drawdown (1Y) Largest decline over 1 year	-11.13%	-8.62%	-2.51%
Max Drawdown (3Y) Largest decline over 3 years	-15.71%	-14.64%	-1.07%
Max Drawdown (5Y) Largest decline over 5 years	-29.80%	-26.94%	-2.86%
Current Drawdown Current decline from peak	-19.55%	-4.24%	-15.31%
Average Drawdown Average peak-to-trough decline	-15.83%	-6.64%	-9.19%
Ulcer Index Depth and duration of drawdowns from previous peaks	5.27%	2.45%	+2.82%

Volatility

IKSD.L vs. IWVG.L - Volatility Comparison

The current volatility for iShares MSCI Saudi Arabia Capped UCITS ETF USD (Dist) (IKSD.L) is 2.12%, while iShares Edge MSCI World Value Factor UCITS ETF USD (Dist) (IWVG.L) has a volatility of 6.03%. This indicates that IKSD.L experiences smaller price fluctuations and is considered to be less risky than IWVG.L based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	IKSD.L	IWVG.L	Difference
Volatility (1M) Calculated over the trailing 1-month period	2.12%	6.03%	-3.91%
Volatility (6M) Calculated over the trailing 6-month period	10.29%	13.95%	-3.66%
Volatility (1Y) Calculated over the trailing 1-year period	14.83%	16.24%	-1.41%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	15.51%	15.95%	-0.44%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	18.46%	17.66%	+0.80%

IKSD.L vs. IWVG.L - Expense Ratio Comparison

IKSD.L has a 0.60% expense ratio, which is higher than IWVG.L's 0.30% expense ratio.

Dividends

IKSD.L vs. IWVG.L - Dividend Comparison

IKSD.L's dividend yield for the trailing twelve months is around 3.64%, more than IWVG.L's 1.93% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018
IKSD.L iShares MSCI Saudi Arabia Capped UCITS ETF USD (Dist)	3.64%	3.52%	2.71%	2.12%	1.80%	1.26%	3.25%	0.00%	0.00%
IWVG.L iShares Edge MSCI World Value Factor UCITS ETF USD (Dist)	1.93%	2.48%	3.12%	3.22%	3.11%	2.61%	2.37%	2.90%	2.48%

Frequently Asked Questions

Can I hold both IKSD.L and IWVG.L in my portfolio?

IKSD.L and IWVG.L have a correlation of 0.25, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, IKSD.L or IWVG.L?

On fees, IWVG.L is cheaper at 0.30% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, IKSD.L or IWVG.L?

IWVG.L is cheaper with a 0.30% expense ratio, compared with 0.60% for IKSD.L.

What is the main difference between IKSD.L and IWVG.L?

IKSD.L tracks iShares MSCI Saudi Arabia Capped UCITS ETF USD (Dist), while IWVG.L tracks MSCI ACWI Value NR USD. Their fees differ too: 0.60% for IKSD.L and 0.30% for IWVG.L.