PortfoliosLab logoPortfoliosLab logo

Documentation

Upgrade your plan
ISWD.L vs. ISDW.L
Performance
Return for Risk
Drawdowns
Volatility
Dividends

ISWD.L vs. ISDW.L

Last updated Jun 4, 2026

ISWD.L (iShares MSCI World Islamic UCITS ETF USD (Dist)) and ISDW.L (iShares MSCI World Islamic UCITS) are both Global Equities funds from iShares tracking the MSCI World Islamic Index. Both are passively managed. Over the past 10 years, ISWD.L returned 12.78%/yr vs 12.25%/yr for ISDW.L. Their correlation of 0.81 suggests significant overlap in exposure. ISWD.L charges 0.60%/yr vs 0.30%/yr for ISDW.L.

Performance

ISWD.L vs. ISDW.L - Performance Comparison

The chart below illustrates the hypothetical performance of a £10,000 investment in iShares MSCI World Islamic UCITS ETF USD (Dist) (ISWD.L) and iShares MSCI World Islamic UCITS (ISDW.L). The values are adjusted to include any dividend payments, if applicable.

Loading charts...

Different Trading Currencies

ISWD.L is traded in GBp, while ISDW.L is traded in USD. To make them comparable, the ISDW.L values have been converted to GBp using the latest available exchange rates.

Returns By Period

The year-to-date returns for both stocks are quite close, with ISWD.L having a 20.37% return and ISDW.L slightly lower at 20.23%. Both investments have delivered pretty close results over the past 10 years, with ISWD.L having a 12.78% annualized return and ISDW.L not far behind at 12.25%.

ISWD.L

1D
0.65%
1M
11.25%
YTD
20.37%
6M
20.71%
1Y
38.83%
3Y*
16.15%
5Y*
13.73%
10Y*
12.78%

ISDW.L

1D
0.60%
1M
10.74%
YTD
20.23%
6M
20.68%
1Y
38.33%
3Y*
15.68%
5Y*
13.27%
10Y*
12.25%
*Multi-year figures are annualized to reflect compound growth (CAGR)

ISWD.L vs. ISDW.L - Yearly Performance Comparison

2026 (YTD)202520242023202220212020201920182017
ISWD.L
iShares MSCI World Islamic UCITS ETF USD (Dist)		20.37%11.58%7.85%17.25%-0.87%23.70%5.11%17.98%-3.81%9.22%
ISDW.L
iShares MSCI World Islamic UCITS		20.23%10.85%7.57%17.43%-1.32%22.55%5.15%16.55%-4.19%9.04%

Correlation

The correlation between ISWD.L and ISDW.L is 0.92, 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

0.92

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

0.93

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

0.91

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

0.91

Correlation (All Time)
Calculated using the full available price history since Jan 9, 2008

0.81

The correlation between ISWD.L and ISDW.L shifts across timeframes, from 0.81 (all time) to 0.93 (3 years), reflecting how their relationship changes across market environments.

ISWD.L vs. ISDW.L - Sectors Allocation Comparison

Sectors
ISWD.L
ISDW.L

Technology

42.8%
43.8%

Industrials

12.9%
12.7%

Energy

11.6%
10.9%

Healthcare

10.4%
10.2%

Basic Materials

9.6%
9.6%

Consumer Cyclical

6.9%
7.1%

Consumer Defensive

3.7%
3.7%

Utilities

1.1%
1.0%

Communication Services

0.4%
0.4%

Real Estate

0.2%
0.2%

Financial Services

0.0%
0.0%

Technology

ISWD.L
42.8%
ISDW.L
43.8%

Industrials

ISWD.L
12.9%
ISDW.L
12.7%

Energy

ISWD.L
11.6%
ISDW.L
10.9%

Healthcare

ISWD.L
10.4%
ISDW.L
10.2%

Basic Materials

ISWD.L
9.6%
ISDW.L
9.6%

Consumer Cyclical

ISWD.L
6.9%
ISDW.L
7.1%

Consumer Defensive

ISWD.L
3.7%
ISDW.L
3.7%

Utilities

ISWD.L
1.1%
ISDW.L
1.0%

Communication Services

ISWD.L
0.4%
ISDW.L
0.4%

Real Estate

ISWD.L
0.2%
ISDW.L
0.2%

Financial Services

ISWD.L
0.0%
ISDW.L
0.0%

Compare stocks, funds, or ETFs

Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.

iShares MSCI World Islamic UCITS ETF USD (Dist)

iShares MSCI World Islamic UCITS

Often compared with ISWD.L:
ISWD.L vs. IGDA.LISWD.L vs. SPUSISWD.L vs. HLALISWD.L vs. VOOISWD.L vs. SPWOISWD.L vs. UMMAISWD.L vs. HIWS.L
Often compared with ISDW.L:
ISDW.L vs. IGDA.LISDW.L vs. SPUSISDW.L vs. ISDU.LISDW.L vs. SPWOISDW.L vs. UMMAISDW.L vs. IITU.LISDW.L vs. VWRD.L

Return for Risk

ISWD.L vs. ISDW.L — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.
ISWD.L
ISWD.L Risk / Return Rank: 9292
Overall Rank
ISWD.L Sharpe Ratio Rank: 9292
Sharpe Ratio Rank
ISWD.L Sortino Ratio Rank: 9292
Sortino Ratio Rank
ISWD.L Omega Ratio Rank: 9292
Omega Ratio Rank
ISWD.L Calmar Ratio Rank: 9393
Calmar Ratio Rank
ISWD.L Martin Ratio Rank: 9292
Martin Ratio Rank
ISDW.L
ISDW.L Risk / Return Rank: 8686
Overall Rank
ISDW.L Sharpe Ratio Rank: 8686
Sharpe Ratio Rank
ISDW.L Sortino Ratio Rank: 8787
Sortino Ratio Rank
ISDW.L Omega Ratio Rank: 8282
Omega Ratio Rank
ISDW.L Calmar Ratio Rank: 8989
Calmar Ratio Rank
ISDW.L Martin Ratio Rank: 8787
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.

ISWD.L vs. ISDW.L - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for iShares MSCI World Islamic UCITS ETF USD (Dist) (ISWD.L) and iShares MSCI World Islamic UCITS (ISDW.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.

ISWD.LISDW.LDifference
Sharpe ratioReturn per unit of total volatility
3.42
3.07

+0.35

Sortino ratioReturn per unit of downside risk
4.60
4.10

+0.50

Omega ratioGain probability vs. loss probability

1.63

1.56

+0.07

Calmar ratioReturn relative to maximum drawdown

7.02

7.00

+0.02

Martin ratioReturn relative to average drawdown

24.08

21.89

+2.19

Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

ISWD.L vs. ISDW.L - Sharpe Ratio Comparison

The current ISWD.L Sharpe Ratio is 3.42, which is comparable to the ISDW.L Sharpe Ratio of 3.07. The chart below compares the historical Sharpe Ratios of ISWD.L and ISDW.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.

Loading charts...

Sharpe Ratios by Period

ISWD.LISDW.LDifference

Sharpe Ratio (1Y)

Calculated over the trailing 1-year period

3.42

3.07

+0.35

Sharpe Ratio (5Y)

Calculated over the trailing 5-year period

1.03

0.92

+0.11

Sharpe Ratio (10Y)

Calculated over the trailing 10-year period

0.89

0.80

+0.09

Sharpe Ratio (All Time)

Calculated using the full available price history

0.74

0.63

+0.11

Drawdowns

ISWD.L vs. ISDW.L - Drawdown Comparison

The maximum ISWD.L drawdown since its inception was -31.52%, roughly equal to the maximum ISDW.L drawdown of -31.39%. Use the drawdown chart below to compare losses from any high point for ISWD.L and ISDW.L.

Loading charts...

Drawdown Indicators

ISWD.LISDW.LDifference

Max Drawdown

Largest peak-to-trough decline

-31.52%

-31.39%

-0.13%

Max Drawdown (1Y)

Largest decline over 1 year

-5.51%

-5.45%

-0.06%

Max Drawdown (3Y)

Largest decline over 3 years

-21.00%

-21.23%

+0.23%

Max Drawdown (5Y)

Largest decline over 5 years

-21.00%

-21.23%

+0.23%

Max Drawdown (10Y)

Largest decline over 10 years

-24.90%

-25.32%

+0.42%

Current Drawdown

Current decline from peak

0.00%

0.00%

0.00%

Average Drawdown

Average peak-to-trough decline

-3.61%

-3.92%

+0.31%

Ulcer Index

Depth and duration of drawdowns from previous peaks

1.61%

1.75%

-0.14%

Volatility

ISWD.L vs. ISDW.L - Volatility Comparison

The current volatility for iShares MSCI World Islamic UCITS ETF USD (Dist) (ISWD.L) is 3.64%, while iShares MSCI World Islamic UCITS (ISDW.L) has a volatility of 4.42%. This indicates that ISWD.L experiences smaller price fluctuations and is considered to be less risky than ISDW.L based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Loading charts...

Volatility by Period

ISWD.LISDW.LDifference

Volatility (1M)

Calculated over the trailing 1-month period

3.64%

4.42%

-0.78%

Volatility (6M)

Calculated over the trailing 6-month period

8.40%

9.72%

-1.32%

Volatility (1Y)

Calculated over the trailing 1-year period

11.34%

12.47%

-1.13%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

13.27%

14.41%

-1.14%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

14.33%

15.20%

-0.87%

ISWD.L vs. ISDW.L - Expense Ratio Comparison

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

Dividends

ISWD.L vs. ISDW.L - Dividend Comparison

ISWD.L's dividend yield for the trailing twelve months is around 1.27%, more than ISDW.L's 0.94% yield.

PositionTTM20252024202320222021202020192018201720162015
ISDW.L
iShares MSCI World Islamic UCITS		0.94%1.11%1.38%1.56%2.02%1.47%1.38%1.80%1.87%1.54%1.70%1.77%
ISWD.L
iShares MSCI World Islamic UCITS ETF USD (Dist)		1.27%1.50%1.74%1.99%2.43%1.98%1.88%2.37%2.39%2.09%2.09%2.62%

Frequently Asked Questions

With a correlation of 0.92, ISWD.L and ISDW.L move almost identically. Holding both adds very little diversification - you're essentially doubling your position in the same market segment. Choosing one is usually more capital-efficient.

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

ISDW.L is cheaper with a 0.30% expense ratio, compared with 0.60% for ISWD.L.

Both ETFs track MSCI World Islamic Index. Their fees differ too: 0.60% for ISWD.L and 0.30% for ISDW.L.

Portfolio Optimizer

Find the right allocation for ISWD.L and ISDW.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