IUCD.L vs. IWDA.L

Last updated Apr 2, 2026

Compare and contrast key facts about iShares S&P 500 Consumer Discretionary Sector UCITS ETF USD Accumulating (IUCD.L) and iShares Core MSCI World UCITS ETF USD (Acc) (IWDA.L).

IUCD.L and IWDA.L are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. IUCD.L is a passively managed fund by iShares that tracks the performance of the S&P 500 Capped 35/20 Consumer Discretionary Index. It was launched on Nov 20, 2015. IWDA.L is a passively managed fund by iShares that tracks the performance of the MSCI World Index. It was launched on Sep 25, 2009. Both IUCD.L and IWDA.L are passive ETFs, meaning that they are not actively managed but aim to replicate the performance of the underlying index as closely as possible.

Performance

IUCD.L vs. IWDA.L - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in iShares S&P 500 Consumer Discretionary Sector UCITS ETF USD Accumulating (IUCD.L) and iShares Core MSCI World UCITS ETF USD (Acc) (IWDA.L). The values are adjusted to include any dividend payments, if applicable.

IUCD.L vs. IWDA.L - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
IUCD.L iShares S&P 500 Consumer Discretionary Sector UCITS ETF USD Accumulating	-8.22%	6.62%	30.82%	43.62%	-37.19%	24.43%	33.47%	26.85%	0.18%	21.18%
IWDA.L iShares Core MSCI World UCITS ETF USD (Acc)	-2.32%	21.03%	19.11%	24.27%	-18.11%	22.19%	16.06%	27.13%	-9.01%	22.77%

Returns By Period

In the year-to-date period, IUCD.L achieves a -8.22% return, which is significantly lower than IWDA.L's -2.32% return. Over the past 10 years, IUCD.L has outperformed IWDA.L with an annualized return of 13.08%, while IWDA.L has yielded a comparatively lower 12.16% annualized return.

IUCD.L

• 1D: 2.54%
• 1M: -3.24%
• YTD: -8.22%
• 6M: -7.46%
• 1Y: 12.10%
• 3Y*: 16.84%
• 5Y*: 6.69%
• 10Y*: 13.08%

IWDA.L

• 1D: 2.92%
• 1M: -3.75%
• YTD: -2.32%
• 6M: 1.15%
• 1Y: 20.54%
• 3Y*: 17.66%
• 5Y*: 10.54%
• 10Y*: 12.16%

*Multi-year figures are annualized to reflect compound growth (CAGR)

IUCD.L vs. IWDA.L - Expense Ratio Comparison

IUCD.L has a 0.15% expense ratio, which is lower than IWDA.L's 0.20% expense ratio. Despite the difference, both funds are considered low-cost compared to the broader market, where average expense ratios usually range from 0.3% to 0.9%.

IWDA.L

iShares Core MSCI World UCITS ETF USD (Acc)

IUCD.L

iShares S&P 500 Consumer Discretionary Sector UCITS ETF USD Accumulating

Return for Risk

IUCD.L vs. IWDA.L — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

IUCD.L

IUCD.L Risk / Return Rank: 27
IUCD.L Sharpe Ratio Rank: 28
IUCD.L Sortino Ratio Rank: 29
IUCD.L Omega Ratio Rank: 26
IUCD.L Calmar Ratio Rank: 27
IUCD.L Martin Ratio Rank: 27

IWDA.L

IWDA.L Risk / Return Rank: 75
IWDA.L Sharpe Ratio Rank: 72
IWDA.L Sortino Ratio Rank: 72
IWDA.L Omega Ratio Rank: 71
IWDA.L Calmar Ratio Rank: 80
IWDA.L Martin Ratio Rank: 82

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.

IUCD.L vs. IWDA.L - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for iShares S&P 500 Consumer Discretionary Sector UCITS ETF USD Accumulating (IUCD.L) and iShares Core MSCI World UCITS ETF USD (Acc) (IWDA.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.

	IUCD.L	IWDA.L	Difference
Sharpe ratio Return per unit of total volatility	0.56	1.31	-0.75
Sortino ratio Return per unit of downside risk	0.95	1.86	-0.91
Omega ratio Gain probability vs. loss probability	1.12	1.27	-0.16
Calmar ratio Return relative to maximum drawdown	0.77	2.31	-1.54
Martin ratio Return relative to average drawdown	2.55	9.49	-6.94
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

IUCD.L vs. IWDA.L - Sharpe Ratio Comparison

The current IUCD.L Sharpe Ratio is 0.56, which is lower than the IWDA.L Sharpe Ratio of 1.31. The chart below compares the historical Sharpe Ratios of IUCD.L and IWDA.L, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

Sharpe Ratios by Period

	IUCD.L	IWDA.L	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	0.56	1.31	-0.75
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.29	0.67	-0.38
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.66	0.76	-0.10
Sharpe Ratio (All Time) Calculated using the full available price history	0.59	0.75	-0.15

Correlation

The correlation between IUCD.L and IWDA.L is 0.75, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.

Dividends

IUCD.L vs. IWDA.L - Dividend Comparison

Neither IUCD.L nor IWDA.L has paid dividends to shareholders.

Tickers have no history of dividend payments

Drawdowns

IUCD.L vs. IWDA.L - Drawdown Comparison

The maximum IUCD.L drawdown since its inception was -40.70%, which is greater than IWDA.L's maximum drawdown of -34.11%. Use the drawdown chart below to compare losses from any high point for IUCD.L and IWDA.L.

Drawdown Indicators

	IUCD.L	IWDA.L	Difference
Max Drawdown Largest peak-to-trough decline	-40.70%	-34.11%	-6.59%
Max Drawdown (1Y) Largest decline over 1 year	-14.86%	-11.56%	-3.30%
Max Drawdown (5Y) Largest decline over 5 years	-40.70%	-25.88%	-14.82%
Max Drawdown (10Y) Largest decline over 10 years	-40.70%	-34.11%	-6.59%
Current Drawdown Current decline from peak	-11.67%	-5.16%	-6.51%
Average Drawdown Average peak-to-trough decline	-9.82%	-4.48%	-5.34%
Ulcer Index Depth and duration of drawdowns from previous peaks	4.46%	2.11%	+2.35%

Volatility

IUCD.L vs. IWDA.L - Volatility Comparison

iShares S&P 500 Consumer Discretionary Sector UCITS ETF USD Accumulating (IUCD.L) has a higher volatility of 7.51% compared to iShares Core MSCI World UCITS ETF USD (Acc) (IWDA.L) at 5.47%. This indicates that IUCD.L's price experiences larger fluctuations and is considered to be riskier than IWDA.L based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	IUCD.L	IWDA.L	Difference
Volatility (1M) Calculated over the trailing 1-month period	7.51%	5.47%	+2.04%
Volatility (6M) Calculated over the trailing 6-month period	13.00%	8.94%	+4.06%
Volatility (1Y) Calculated over the trailing 1-year period	21.61%	15.63%	+5.98%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	22.75%	15.63%	+7.12%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	22.60%	15.86%	+6.74%