IUUS.L vs. IWDA.L

Last updated Jun 5, 2026

IUUS.L (iShares S&P 500 Utilities Sector UCITS ETF USD (Acc)) and IWDA.L (iShares Core MSCI World UCITS ETF USD (Acc)) are both exchange-traded funds - IUUS.L is a S&P 500 fund tracking the S&P 500 Capped 35/20 Utilities, while IWDA.L is a Global Equities fund tracking the MSCI World Index (Net). Both are passively managed. Over the past 5 years, IUUS.L returned 8.43%/yr vs 11.86%/yr for IWDA.L. At a 0.35 correlation, their price movements are largely independent. IUUS.L charges 0.15%/yr vs 0.20%/yr for IWDA.L.

Performance

IUUS.L vs. IWDA.L - Performance Comparison

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

Returns By Period

In the year-to-date period, IUUS.L achieves a 1.37% return, which is significantly lower than IWDA.L's 9.83% return.

IUUS.L

• 1D: -2.15%
• 1M: -6.94%
• YTD: 1.37%
• 6M: -0.09%
• 1Y: 8.47%
• 3Y*: 12.58%
• 5Y*: 8.43%
• 10Y*: —

IWDA.L

• 1D: 0.10%
• 1M: 4.07%
• YTD: 9.83%
• 6M: 10.98%
• 1Y: 25.98%
• 3Y*: 20.77%
• 5Y*: 11.86%
• 10Y*: 13.07%

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

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

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
IUUS.L iShares S&P 500 Utilities Sector UCITS ETF USD (Acc)	1.37%	15.80%	22.91%	-8.06%	2.07%	18.39%	-1.11%	24.68%	3.14%	3.93%
IWDA.L iShares Core MSCI World UCITS ETF USD (Acc)	9.83%	21.03%	19.11%	24.27%	-18.11%	22.19%	16.06%	27.13%	-9.01%	16.86%

Correlation

The correlation between IUUS.L and IWDA.L is 0.26, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.26
Correlation (3Y) Calculated over the trailing 3-year period	0.28
Correlation (5Y) Calculated over the trailing 5-year period	0.36
Correlation (All Time) Calculated using the full available price history since Mar 23, 2017	0.35

IUUS.L vs. IWDA.L - Sectors Allocation Comparison

Sectors	IUUS.L	IWDA.L
Utilities	100.0%	2.4%
Basic Materials	-	2.8%
Communication Services	-	9.3%
Consumer Cyclical	-	8.8%
Consumer Defensive	-	4.8%
Energy	-	3.9%
Financial Services	-	14.9%
Healthcare	-	8.6%
Industrials	-	9.7%
Real Estate	-	1.2%
Technology	-	32.9%

Return for Risk

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

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

IUUS.L

IUUS.L Risk / Return Rank: 19
IUUS.L Sharpe Ratio Rank: 19
IUUS.L Sortino Ratio Rank: 18
IUUS.L Omega Ratio Rank: 18
IUUS.L Calmar Ratio Rank: 21
IUUS.L Martin Ratio Rank: 19

IWDA.L

IWDA.L Risk / Return Rank: 68
IWDA.L Sharpe Ratio Rank: 67
IWDA.L Sortino Ratio Rank: 73
IWDA.L Omega Ratio Rank: 67
IWDA.L Calmar Ratio Rank: 64
IWDA.L Martin Ratio Rank: 72

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.

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

This table presents a comparison of risk-adjusted performance metrics for iShares S&P 500 Utilities Sector UCITS ETF USD (Acc) (IUUS.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.

	IUUS.L	IWDA.L	Difference
Sharpe ratio: Return per unit of total volatility	0.59	2.17	-1.58
Sortino ratio: Return per unit of downside risk	0.91	3.26	-2.35
Omega ratio: Gain probability vs. loss probability	1.11	1.40	-0.29
Calmar ratio: Return relative to maximum drawdown	0.94	3.11	-2.17
Martin ratio: Return relative to average drawdown	2.01	13.16	-11.15
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

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

The current IUUS.L Sharpe Ratio is 0.59, which is lower than the IWDA.L Sharpe Ratio of 2.17. The chart below compares the historical Sharpe Ratios of IUUS.L and IWDA.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.

Sharpe Ratios by Period

	IUUS.L	IWDA.L	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	0.59	2.17	-1.58
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.49	0.76	-0.26
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	—	0.82	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.46	0.79	-0.33

Drawdowns

IUUS.L vs. IWDA.L - Drawdown Comparison

The maximum IUUS.L drawdown since its inception was -36.26%, 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 IUUS.L and IWDA.L.

Drawdown Indicators

	IUUS.L	IWDA.L	Difference
Max Drawdown Largest peak-to-trough decline	-36.26%	-34.11%	-2.15%
Max Drawdown (1Y) Largest decline over 1 year	-8.96%	-8.31%	-0.65%
Max Drawdown (3Y) Largest decline over 3 years	-18.30%	-16.94%	-1.36%
Max Drawdown (5Y) Largest decline over 5 years	-26.26%	-25.88%	-0.38%
Max Drawdown (10Y) Largest decline over 10 years	—	-34.11%	—
Current Drawdown Current decline from peak	-8.96%	-0.43%	-8.53%
Average Drawdown Average peak-to-trough decline	-6.62%	-4.44%	-2.18%
Ulcer Index Depth and duration of drawdowns from previous peaks	4.20%	1.97%	+2.23%

Volatility

IUUS.L vs. IWDA.L - Volatility Comparison

iShares S&P 500 Utilities Sector UCITS ETF USD (Acc) (IUUS.L) has a higher volatility of 4.97% compared to iShares Core MSCI World UCITS ETF USD (Acc) (IWDA.L) at 3.40%. This indicates that IUUS.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

	IUUS.L	IWDA.L	Difference
Volatility (1M) Calculated over the trailing 1-month period	4.97%	3.40%	+1.57%
Volatility (6M) Calculated over the trailing 6-month period	11.62%	9.19%	+2.43%
Volatility (1Y) Calculated over the trailing 1-year period	14.27%	11.93%	+2.34%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	17.05%	15.68%	+1.37%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	18.37%	15.91%	+2.46%

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

IUUS.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%.

Dividends

IUUS.L vs. IWDA.L - Dividend Comparison

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

Tickers have no history of dividend payments

Frequently Asked Questions

Can I hold both IUUS.L and IWDA.L in my portfolio?

IUUS.L and IWDA.L have a correlation of 0.26, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, IUUS.L or IWDA.L?

On fees, IUUS.L is cheaper at 0.15% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, IUUS.L or IWDA.L?

IUUS.L is cheaper with a 0.15% expense ratio, compared with 0.20% for IWDA.L.

What is the main difference between IUUS.L and IWDA.L?

IUUS.L is categorized as S&P 500, while IWDA.L is Global Equities. IUUS.L tracks S&P 500 Capped 35/20 Utilities, while IWDA.L tracks MSCI World Index (Net). Their fees differ too: 0.15% for IUUS.L and 0.20% for IWDA.L.