ISUS.L vs. SWDA.L
ISUS.L (iShares MSCI USA Islamic UCITS ETF USD (Dist)) and SWDA.L (iShares Core MSCI World UCITS ETF USD (Acc)) are both Global Equities funds from iShares - ISUS.L tracks the iShares MSCI USA Islamic UCITS ETF USD (Dist) while SWDA.L tracks the MSCI World Index. Both are passively managed. Over the past 10 years, ISUS.L returned 11.28%/yr vs 12.77%/yr for SWDA.L. Their correlation of 0.87 suggests significant overlap in exposure. ISUS.L charges 0.50%/yr vs 0.20%/yr for SWDA.L.
Performance
ISUS.L vs. SWDA.L - Performance Comparison
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Returns By Period
In the year-to-date period, ISUS.L achieves a 16.13% return, which is significantly higher than SWDA.L's 9.95% return. Over the past 10 years, ISUS.L has underperformed SWDA.L with an annualized return of 11.28%, while SWDA.L has yielded a comparatively higher 12.77% annualized return.
ISUS.L
- 1D
- -0.54%
- 1M
- -5.23%
- 6M
- 13.90%
- YTD
- 16.13%
- 1Y
- 28.27%
- 3Y*
- 14.69%
- 5Y*
- 13.38%
- 10Y*
- 11.28%
SWDA.L
- 1D
- -0.55%
- 1M
- -0.21%
- 6M
- 8.73%
- YTD
- 9.95%
- 1Y
- 21.07%
- 3Y*
- 17.79%
- 5Y*
- 12.11%
- 10Y*
- 12.77%
ISUS.L vs. SWDA.L - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
ISUS.L iShares MSCI USA Islamic UCITS ETF USD (Dist) | 16.13% | 8.35% | 11.17% | 18.94% | -1.34% | 31.21% | 3.24% | 16.79% | -0.56% | 3.81% |
SWDA.L iShares Core MSCI World UCITS ETF USD (Acc) | 9.95% | 12.64% | 21.11% | 17.59% | -8.33% | 23.64% | 12.25% | 23.03% | -3.78% | 11.78% |
Correlation
The correlation between ISUS.L and SWDA.L is 0.78, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.78 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.86 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.87 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.89 |
Correlation (All Time) Calculated using the full available price history since Sep 25, 2009 | 0.87 |
The correlation between ISUS.L and SWDA.L shifts across timeframes, from 0.78 (1 year) to 0.89 (10 years), reflecting how their relationship changes across market environments.
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Return for Risk
ISUS.L vs. SWDA.L — Risk / Return Rank
ISUS.L
SWDA.L
ISUS.L vs. SWDA.L - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for iShares MSCI USA Islamic UCITS ETF USD (Dist) (ISUS.L) and iShares Core MSCI World UCITS ETF USD (Acc) (SWDA.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.
| ISUS.L | SWDA.L | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.13 | ||
| Sortino ratioReturn per unit of downside risk | -0.01 | ||
| Omega ratioGain probability vs. loss probability | 1.38 | 1.37 | +0.01 |
| Calmar ratioReturn relative to maximum drawdown | 4.23 | 3.20 | +1.03 |
| Martin ratioReturn relative to average drawdown | 13.71 | 12.47 | +1.24 |
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Drawdowns
ISUS.L vs. SWDA.L - Drawdown Comparison
The maximum ISUS.L drawdown since its inception was -60.74%, which is greater than SWDA.L's maximum drawdown of -41.70%. Use the drawdown chart below to compare losses from any high point for ISUS.L and SWDA.L.
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Drawdown Indicators
| ISUS.L | SWDA.L | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -60.74% | -41.70% | -19.04% |
Max Drawdown (1Y)Largest decline over 1 year | -6.99% | -6.55% | -0.44% |
Max Drawdown (3Y)Largest decline over 3 years | -23.99% | -18.50% | -5.49% |
Max Drawdown (5Y)Largest decline over 5 years | -23.99% | -18.50% | -5.49% |
Max Drawdown (10Y)Largest decline over 10 years | -24.48% | -25.58% | +1.10% |
Current DrawdownCurrent decline from peak | -6.99% | -1.05% | -5.94% |
Average DrawdownAverage peak-to-trough decline | -14.34% | -9.44% | -4.90% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.16% | 1.69% | +0.47% |
Volatility
ISUS.L vs. SWDA.L - Volatility Comparison
iShares MSCI USA Islamic UCITS ETF USD (Dist) (ISUS.L) has a higher volatility of 6.20% compared to iShares Core MSCI World UCITS ETF USD (Acc) (SWDA.L) at 2.61%. This indicates that ISUS.L's price experiences larger fluctuations and is considered to be riskier than SWDA.L based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| ISUS.L | SWDA.L | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 6.20% | 2.61% | +3.59% |
Volatility (6M)Calculated over the trailing 6-month period | 11.35% | 7.86% | +3.49% |
Volatility (1Y)Calculated over the trailing 1-year period | 14.04% | 10.57% | +3.47% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 14.94% | 13.36% | +1.58% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 15.58% | 14.50% | +1.08% |
ISUS.L vs. SWDA.L - Expense Ratio Comparison
ISUS.L has a 0.50% expense ratio, which is higher than SWDA.L's 0.20% expense ratio.
Dividends
ISUS.L vs. SWDA.L - Dividend Comparison
ISUS.L's dividend yield for the trailing twelve months is around 0.66%, while SWDA.L has not paid dividends to shareholders.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
ISUS.L iShares MSCI USA Islamic UCITS ETF USD (Dist) | 0.66% | 0.75% | 0.89% | 1.13% | 1.53% | 1.00% | 1.50% | 1.41% | 1.45% | 1.43% | 1.23% | 1.39% |
SWDA.L iShares Core MSCI World UCITS ETF USD (Acc) | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Frequently Asked Questions
ISUS.L and SWDA.L have a correlation of 0.78, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, SWDA.L is cheaper at 0.20% per year. The better choice depends on whether you care most about return, fees, risk, or income.
SWDA.L is cheaper with a 0.20% expense ratio, compared with 0.50% for ISUS.L.
ISUS.L tracks iShares MSCI USA Islamic UCITS ETF USD (Dist), while SWDA.L tracks MSCI World Index. Their fees differ too: 0.50% for ISUS.L and 0.20% for SWDA.L.
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