PortfoliosLab logoPortfoliosLab logo

Documentation

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

ISWD.L vs. MWRD.L

Last updated Jun 4, 2026

ISWD.L (iShares MSCI World Islamic UCITS ETF USD (Dist)) and MWRD.L (Amundi Index MSCI World) are both Global Equities funds - ISWD.L tracks the MSCI World Islamic Index while MWRD.L tracks the MSCI ACWI NR USD. Both are passively managed. A 0.77 correlation means they provide meaningful diversification when combined. ISWD.L charges 0.60%/yr vs 0.08%/yr for MWRD.L.

Performance

ISWD.L vs. MWRD.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 Amundi Index MSCI World (MWRD.L). The values are adjusted to include any dividend payments, if applicable.

Loading charts...

Returns By Period

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%

MWRD.L

1D
—
1M
—
YTD
—
6M
—
1Y
—
3Y*
—
5Y*
—
10Y*
—
*Multi-year figures are annualized to reflect compound growth (CAGR)

ISWD.L vs. MWRD.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%6.05%
MWRD.L
Amundi Index MSCI World		0.00%0.00%-1.27%17.50%-9.18%24.39%11.85%23.29%-4.10%6.52%

Correlation

The correlation between ISWD.L and MWRD.L is 0.77, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.

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

0.35

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

0.62

Correlation (All Time)
Calculated using the full available price history since Jun 30, 2017

0.77

The correlation between ISWD.L and MWRD.L shifts across timeframes, from 0.35 (3 years) to 0.77 (all time), reflecting how their relationship changes across market environments.

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

Sectors
ISWD.L
MWRD.L

Technology

42.8%
24.7%

Industrials

12.9%
10.6%

Energy

11.6%
4.4%

Healthcare

10.4%
12.4%

Basic Materials

9.6%
3.8%

Consumer Cyclical

6.9%
10.5%

Consumer Defensive

3.7%
6.7%

Utilities

1.1%
2.4%

Communication Services

0.4%
7.5%

Real Estate

0.2%
2.4%

Financial Services

0.0%
14.7%

Technology

ISWD.L
42.8%
MWRD.L
24.7%

Industrials

ISWD.L
12.9%
MWRD.L
10.6%

Energy

ISWD.L
11.6%
MWRD.L
4.4%

Healthcare

ISWD.L
10.4%
MWRD.L
12.4%

Basic Materials

ISWD.L
9.6%
MWRD.L
3.8%

Consumer Cyclical

ISWD.L
6.9%
MWRD.L
10.5%

Consumer Defensive

ISWD.L
3.7%
MWRD.L
6.7%

Utilities

ISWD.L
1.1%
MWRD.L
2.4%

Communication Services

ISWD.L
0.4%
MWRD.L
7.5%

Real Estate

ISWD.L
0.2%
MWRD.L
2.4%

Financial Services

ISWD.L
0.0%
MWRD.L
14.7%

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)

Amundi Index MSCI World

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 MWRD.L:
MWRD.L vs. BRK-BMWRD.L vs. IWDA.ASMWRD.L vs. URTHMWRD.L vs. SWDA.LMWRD.L vs. JEPIMWRD.L vs. ACWIMWRD.L vs. 36BZ.DE

Return for Risk

ISWD.L vs. MWRD.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
MWRD.L
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. MWRD.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 Amundi Index MSCI World (MWRD.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.LMWRD.LDifference
Sharpe ratioReturn per unit of total volatility
3.42

—

—

Sortino ratioReturn per unit of downside risk
4.60

—

—

Omega ratioGain probability vs. loss probability

1.63

—

—

Calmar ratioReturn relative to maximum drawdown

7.02

—

—

Martin ratioReturn relative to average drawdown

24.08

—

—

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. MWRD.L - Sharpe Ratio Comparison

Loading charts...

Sharpe Ratios by Period

ISWD.LMWRD.LDifference

Sharpe Ratio (1Y)

Calculated over the trailing 1-year period

3.42

—

—

Sharpe Ratio (5Y)

Calculated over the trailing 5-year period

1.03

—

—

Sharpe Ratio (10Y)

Calculated over the trailing 10-year period

0.89

—

—

Sharpe Ratio (All Time)

Calculated using the full available price history

0.74

—

—

Drawdowns

ISWD.L vs. MWRD.L - Drawdown Comparison

Loading charts...

Drawdown Indicators

ISWD.LMWRD.LDifference

Max Drawdown

Largest peak-to-trough decline

-31.52%

—

—

Max Drawdown (1Y)

Largest decline over 1 year

-5.51%

—

—

Max Drawdown (3Y)

Largest decline over 3 years

-21.00%

—

—

Max Drawdown (5Y)

Largest decline over 5 years

-21.00%

—

—

Max Drawdown (10Y)

Largest decline over 10 years

-24.90%

—

—

Current Drawdown

Current decline from peak

0.00%

—

—

Average Drawdown

Average peak-to-trough decline

-3.61%

—

—

Ulcer Index

Depth and duration of drawdowns from previous peaks

1.61%

—

—

Volatility

ISWD.L vs. MWRD.L - Volatility Comparison

Loading charts...

Volatility by Period

ISWD.LMWRD.LDifference

Volatility (1M)

Calculated over the trailing 1-month period

3.64%

—

—

Volatility (6M)

Calculated over the trailing 6-month period

8.40%

—

—

Volatility (1Y)

Calculated over the trailing 1-year period

11.34%

—

—

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

13.27%

—

—

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

14.33%

—

—

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

ISWD.L has a 0.60% expense ratio, which is higher than MWRD.L's 0.08% expense ratio.

Dividends

ISWD.L vs. MWRD.L - Dividend Comparison

ISWD.L's dividend yield for the trailing twelve months is around 1.27%, while MWRD.L has not paid dividends to shareholders.

PositionTTM20252024202320222021202020192018201720162015
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%
MWRD.L
Amundi Index MSCI World		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

ISWD.L and MWRD.L have a correlation of 0.77, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

On fees, MWRD.L is cheaper at 0.08% per year. The better choice depends on whether you care most about return, fees, risk, or income.

MWRD.L is cheaper with a 0.08% expense ratio, compared with 0.60% for ISWD.L.

ISWD.L tracks MSCI World Islamic Index, while MWRD.L tracks MSCI ACWI NR USD. They also come from different issuers: iShares and Amundi. Their fees differ too: 0.60% for ISWD.L and 0.08% for MWRD.L.

Portfolio Optimizer

Find the right allocation for ISWD.L and MWRD.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