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IOO.AX vs. IWLD.AX
Performance
Return for Risk
Drawdowns
Volatility
Dividends

IOO.AX vs. IWLD.AX

Last updated Jul 18, 2026
Documentation

IOO.AX (iShares Global 100 ETF (AU)) and IWLD.AX (iShares Core MSCI World Ex Australia ESG ETF) are both Global Equities funds from iShares - IOO.AX tracks the iShares Global 100 Index while IWLD.AX tracks the iShares Core MSCI World Ex Australia ESG Index. Both are passively managed. Over the past 10 years, IOO.AX returned 26.38%/yr vs 13.93%/yr for IWLD.AX. Their correlation of 0.81 suggests significant overlap in exposure.

Performance

IOO.AX vs. IWLD.AX - Performance Comparison

The chart below illustrates the hypothetical performance of a A$10,000 investment in iShares Global 100 ETF (AU) (IOO.AX) and iShares Core MSCI World Ex Australia ESG ETF (IWLD.AX). The values are adjusted to include any dividend payments, if applicable.

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Returns By Period

In the year-to-date period, IOO.AX achieves a 4.57% return, which is significantly higher than IWLD.AX's 3.21% return. Over the past 10 years, IOO.AX has outperformed IWLD.AX with an annualized return of 26.38%, while IWLD.AX has yielded a comparatively lower 13.93% annualized return.

IOO.AX

1D
-1.55%
1M
0.24%
6M
3.72%
YTD
4.57%
1Y
17.05%
3Y*
21.30%
5Y*
16.79%
10Y*
26.38%

IWLD.AX

1D
-1.24%
1M
0.41%
6M
2.15%
YTD
3.21%
1Y
11.08%
3Y*
17.14%
5Y*
13.01%
10Y*
13.93%
*Multi-year figures are annualized to reflect compound growth (CAGR)

IOO.AX vs. IWLD.AX - Yearly Performance Comparison

2026 (YTD)202520242023202220212020201920182017
IOO.AX
iShares Global 100 ETF (AU)		4.57%17.51%38.35%26.79%-9.28%33.94%8.50%31.60%106.38%19.52%
IWLD.AX
iShares Core MSCI World Ex Australia ESG ETF		3.21%12.19%31.18%27.88%-16.19%38.02%3.84%27.93%-0.22%12.45%

Correlation

The correlation between IOO.AX and IWLD.AX is 0.85, indicating a strong positive relationship between their price movements. Combining them offers limited diversification - they tend to fall together during downturns.

Correlation
Correlation (1Y)
Calculated over the trailing 1-year period

0.85

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

0.88

Correlation (5Y)
Calculated over the trailing 5-year period

0.89

Correlation (10Y)
Calculated over the trailing 10-year period

0.82

Correlation (All Time)
Calculated using the full available price history since Apr 22, 2016

0.81

The correlation between IOO.AX and IWLD.AX has been stable across timeframes, ranging from 0.81 to 0.89 - a consistent structural relationship.

Compare stocks, funds, or ETFs

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iShares Global 100 ETF (AU)

iShares Core MSCI World Ex Australia ESG ETF

Often compared with IOO.AX:
IOO.AX vs. GLIN.AXIOO.AX vs. IAA.AXIOO.AX vs. IHOO.AXIOO.AX vs. IKO.AXIOO.AX vs. ILB.AXIOO.AX vs. ILC.AXIOO.AX vs. MVOL.AX
Often compared with IWLD.AX:
IWLD.AX vs. AUMF.AXIWLD.AX vs. BILL.AXIWLD.AX vs. CORE.AXIWLD.AX vs. ESGI.AXIWLD.AX vs. ESTX.AXIWLD.AX vs. F100.AXIWLD.AX vs. GLDN.AX

Return for Risk

IOO.AX vs. IWLD.AX — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.
IOO.AX
IOO.AX Risk / Return Rank: 4444
Overall Rank
IOO.AX Sharpe Ratio Rank: 5151
Sharpe Ratio Rank
IOO.AX Sortino Ratio Rank: 4949
Sortino Ratio Rank
IOO.AX Omega Ratio Rank: 5353
Omega Ratio Rank
IOO.AX Calmar Ratio Rank: 3434
Calmar Ratio Rank
IOO.AX Martin Ratio Rank: 3434
Martin Ratio Rank
IWLD.AX
IWLD.AX Risk / Return Rank: 3232
Overall Rank
IWLD.AX Sharpe Ratio Rank: 3636
Sharpe Ratio Rank
IWLD.AX Sortino Ratio Rank: 3434
Sortino Ratio Rank
IWLD.AX Omega Ratio Rank: 3838
Omega Ratio Rank
IWLD.AX Calmar Ratio Rank: 2424
Calmar Ratio Rank
IWLD.AX Martin Ratio Rank: 2626
Martin Ratio Rank
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.

IOO.AX vs. IWLD.AX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for iShares Global 100 ETF (AU) (IOO.AX) and iShares Core MSCI World Ex Australia ESG ETF (IWLD.AX). 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.

IOO.AXIWLD.AXDifference
Sharpe ratioReturn per unit of total volatility
1.35
1.00

+0.35

Sortino ratioReturn per unit of downside risk
1.88
1.43

+0.45

Omega ratioGain probability vs. loss probability

1.25

1.20

+0.05

Calmar ratioReturn relative to maximum drawdown

1.33

0.87

+0.46

Martin ratioReturn relative to average drawdown

3.76

2.57

+1.18

IOO.AX vs. IWLD.AX - Sharpe Ratio Comparison

The current IOO.AX Sharpe Ratio is 1.35, which is higher than the IWLD.AX Sharpe Ratio of 1.00. The chart below compares the historical Sharpe Ratios of IOO.AX and IWLD.AX, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

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Drawdowns

IOO.AX vs. IWLD.AX - Drawdown Comparison

The maximum IOO.AX drawdown since its inception was -31.99%, which is greater than IWLD.AX's maximum drawdown of -24.85%. Use the drawdown chart below to compare losses from any high point for IOO.AX and IWLD.AX.

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Drawdown Indicators

IOO.AXIWLD.AXDifference

Max Drawdown

Largest peak-to-trough decline

-31.99%

-24.85%

-7.14%

Max Drawdown (1Y)

Largest decline over 1 year

-12.31%

-12.19%

-0.12%

Max Drawdown (3Y)

Largest decline over 3 years

-16.21%

-15.95%

-0.26%

Max Drawdown (5Y)

Largest decline over 5 years

-17.02%

-23.34%

+6.32%

Max Drawdown (10Y)

Largest decline over 10 years

-22.18%

-24.85%

+2.67%

Current Drawdown

Current decline from peak

-1.55%

-1.66%

+0.11%

Average Drawdown

Average peak-to-trough decline

-6.80%

-4.48%

-2.32%

Ulcer Index

Depth and duration of drawdowns from previous peaks

4.43%

4.21%

+0.22%

Volatility

IOO.AX vs. IWLD.AX - Volatility Comparison

iShares Global 100 ETF (AU) (IOO.AX) has a higher volatility of 4.07% compared to iShares Core MSCI World Ex Australia ESG ETF (IWLD.AX) at 2.65%. This indicates that IOO.AX's price experiences larger fluctuations and is considered to be riskier than IWLD.AX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

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Volatility by Period

IOO.AXIWLD.AXDifference

Volatility (1M)

Calculated over the trailing 1-month period

4.07%

2.65%

+1.42%

Volatility (6M)

Calculated over the trailing 6-month period

9.31%

8.44%

+0.87%

Volatility (1Y)

Calculated over the trailing 1-year period

12.17%

10.68%

+1.49%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

13.91%

13.78%

+0.13%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

34.55%

13.87%

+20.68%

Dividends

IOO.AX vs. IWLD.AX - Dividend Comparison

IOO.AX's dividend yield for the trailing twelve months is around 0.93%, less than IWLD.AX's 0.94% yield.

PositionTTM20252024202320222021202020192018201720162015
IOO.AX
iShares Global 100 ETF (AU)		0.93%0.77%0.51%1.90%3.18%1.85%1.89%3.35%1.22%6.14%3.68%5.90%
IWLD.AX
iShares Core MSCI World Ex Australia ESG ETF		0.94%1.21%1.15%2.36%0.77%13.52%2.08%3.20%2.52%1.41%0.00%0.00%

Frequently Asked Questions

IOO.AX and IWLD.AX have a correlation of 0.85, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

IOO.AX tracks iShares Global 100 Index, while IWLD.AX tracks iShares Core MSCI World Ex Australia ESG Index.

Portfolio Optimizer

Find the right allocation for IOO.AX and IWLD.AX

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