IQQI.DE vs. IWLE.DE
IQQI.DE (iShares Global Infrastructure UCITS ETF) and IWLE.DE (iShares Core MSCI World UCITS ETF EUR Hedged Dist) are both Global Equities funds from iShares - IQQI.DE tracks the FTSE Global Core Infrastructure Index while IWLE.DE tracks the MSCI World Net TR Index. Both are passively managed. Over the past 5 years, IQQI.DE returned 7.56%/yr vs 10.03%/yr for IWLE.DE. At a 0.45 correlation, their price movements are largely independent. IQQI.DE charges 0.65%/yr vs 0.30%/yr for IWLE.DE.
Performance
IQQI.DE vs. IWLE.DE - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, IQQI.DE achieves a 14.89% return, which is significantly higher than IWLE.DE's 7.23% return.
IQQI.DE
- 1D
- 0.32%
- 1M
- 1.20%
- YTD
- 14.89%
- 6M
- 15.89%
- 1Y
- 20.42%
- 3Y*
- 10.56%
- 5Y*
- 7.56%
- 10Y*
- 7.26%
IWLE.DE
- 1D
- -0.47%
- 1M
- -0.85%
- YTD
- 7.23%
- 6M
- 7.12%
- 1Y
- 20.78%
- 3Y*
- 17.76%
- 5Y*
- 10.03%
- 10Y*
- —
IQQI.DE vs. IWLE.DE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | |
|---|---|---|---|---|---|---|---|---|
IQQI.DE iShares Global Infrastructure UCITS ETF | 14.89% | 0.56% | 14.53% | -3.18% | -0.38% | 26.94% | -10.82% | 9.34% |
IWLE.DE iShares Core MSCI World UCITS ETF EUR Hedged Dist | 7.23% | 16.76% | 19.70% | 21.53% | -18.71% | 23.89% | 11.68% | 12.14% |
Correlation
The correlation between IQQI.DE and IWLE.DE is -0.04, meaning there is essentially no relationship between their price movements. Each responds to its own set of market drivers, making them strong candidates for combining in a diversified portfolio.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | -0.04 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.20 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.34 |
Correlation (All Time) Calculated using the full available price history since Jun 5, 2019 | 0.45 |
The correlation between IQQI.DE and IWLE.DE shifts across timeframes, from -0.04 (1 year) to 0.45 (all time), reflecting how their relationship changes across market environments.
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
IQQI.DE vs. IWLE.DE — Risk / Return Rank
IQQI.DE
IWLE.DE
IQQI.DE vs. IWLE.DE - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for iShares Global Infrastructure UCITS ETF (IQQI.DE) and iShares Core MSCI World UCITS ETF EUR Hedged Dist (IWLE.DE). 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.
| IQQI.DE | IWLE.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.21 | ||
| Sortino ratioReturn per unit of downside risk | +0.44 | ||
| Omega ratioGain probability vs. loss probability | 1.33 | 1.31 | +0.01 |
| Calmar ratioReturn relative to maximum drawdown | 4.23 | 2.57 | +1.66 |
| Martin ratioReturn relative to average drawdown | 10.58 | 11.25 | -0.67 |
Loading charts...
Drawdowns
IQQI.DE vs. IWLE.DE - Drawdown Comparison
The maximum IQQI.DE drawdown since its inception was -42.24%, which is greater than IWLE.DE's maximum drawdown of -32.76%. Use the drawdown chart below to compare losses from any high point for IQQI.DE and IWLE.DE.
Loading charts...
Drawdown Indicators
| IQQI.DE | IWLE.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -42.24% | -32.76% | -9.48% |
Max Drawdown (1Y)Largest decline over 1 year | -4.81% | -8.05% | +3.24% |
Max Drawdown (3Y)Largest decline over 3 years | -14.75% | -17.60% | +2.85% |
Max Drawdown (5Y)Largest decline over 5 years | -24.82% | -23.49% | -1.33% |
Max Drawdown (10Y)Largest decline over 10 years | -34.16% | — | — |
Current DrawdownCurrent decline from peak | 0.00% | -1.77% | +1.77% |
Average DrawdownAverage peak-to-trough decline | -11.11% | -5.27% | -5.84% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.92% | 1.84% | +0.08% |
Volatility
IQQI.DE vs. IWLE.DE - Volatility Comparison
iShares Global Infrastructure UCITS ETF (IQQI.DE) has a higher volatility of 4.41% compared to iShares Core MSCI World UCITS ETF EUR Hedged Dist (IWLE.DE) at 4.07%. This indicates that IQQI.DE's price experiences larger fluctuations and is considered to be riskier than IWLE.DE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| IQQI.DE | IWLE.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 4.41% | 4.07% | +0.34% |
Volatility (6M)Calculated over the trailing 6-month period | 8.95% | 9.70% | -0.75% |
Volatility (1Y)Calculated over the trailing 1-year period | 10.83% | 12.33% | -1.50% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 12.77% | 15.02% | -2.25% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 14.25% | 16.76% | -2.51% |
IQQI.DE vs. IWLE.DE - Expense Ratio Comparison
IQQI.DE has a 0.65% expense ratio, which is higher than IWLE.DE's 0.30% expense ratio.
Dividends
IQQI.DE vs. IWLE.DE - Dividend Comparison
IQQI.DE's dividend yield for the trailing twelve months is around 2.01%, more than IWLE.DE's 1.05% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
IQQI.DE iShares Global Infrastructure UCITS ETF | 2.01% | 2.30% | 2.29% | 2.42% | 2.13% | 1.85% | 2.25% | 2.05% | 2.30% | 2.76% | 2.63% | 3.15% |
IWLE.DE iShares Core MSCI World UCITS ETF EUR Hedged Dist | 1.05% | 1.11% | 1.27% | 1.43% | 1.76% | 1.20% | 1.04% | 0.53% | 0.00% | 0.00% | 0.00% | 0.00% |
Frequently Asked Questions
IQQI.DE and IWLE.DE have a correlation of -0.04, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, IWLE.DE is cheaper at 0.30% per year. The better choice depends on whether you care most about return, fees, risk, or income.
IWLE.DE is cheaper with a 0.30% expense ratio, compared with 0.65% for IQQI.DE.
IQQI.DE tracks FTSE Global Core Infrastructure Index, while IWLE.DE tracks MSCI World Net TR Index. Their fees differ too: 0.65% for IQQI.DE and 0.30% for IWLE.DE.
Find the right allocation for IQQI.DE and IWLE.DE
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