IVV vs. IWDA.AS

Last updated Apr 2, 2026

Compare and contrast key facts about iShares Core S&P 500 ETF (IVV) and iShares Core MSCI World UCITS ETF USD (Acc) (IWDA.AS).

IVV and IWDA.AS are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. IVV is a passively managed fund by iShares that tracks the performance of the S&P 500 Index. It was launched on May 15, 2000. IWDA.AS is a passively managed fund by iShares that tracks the performance of the MSCI ACWI NR USD. It was launched on Sep 25, 2009. Both IVV and IWDA.AS 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

IVV vs. IWDA.AS - Performance Comparison

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

IVV vs. IWDA.AS - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
IVV iShares Core S&P 500 ETF	-3.67%	17.85%	24.93%	26.31%	-18.16%	28.76%	18.40%	31.07%	-4.49%	21.75%
IWDA.AS iShares Core MSCI World UCITS ETF USD (Acc)	-2.33%	21.46%	19.36%	23.68%	-18.74%	23.51%	15.60%	27.07%	-8.63%	22.70%

Different Trading Currencies

IVV is traded in USD, while IWDA.AS is traded in EUR. To make them comparable, the IWDA.AS values have been converted to USD using the latest available exchange rates.

Returns By Period

In the year-to-date period, IVV achieves a -3.67% return, which is significantly higher than IWDA.AS's -4.54% return. Over the past 10 years, IVV has outperformed IWDA.AS with an annualized return of 14.11%, while IWDA.AS has yielded a comparatively lower 11.87% annualized return.

IVV

• 1D: 0.74%
• 1M: -4.30%
• YTD: -3.67%
• 6M: -1.44%
• 1Y: 18.17%
• 3Y*: 18.58%
• 5Y*: 11.92%
• 10Y*: 14.11%

IWDA.AS

• 1D: 0.00%
• 1M: -6.02%
• YTD: -4.54%
• 6M: -1.31%
• 1Y: 17.78%
• 3Y*: 16.81%
• 5Y*: 10.00%
• 10Y*: 11.87%

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

IVV vs. IWDA.AS - Expense Ratio Comparison

IVV has a 0.03% expense ratio, which is lower than IWDA.AS'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.AS

iShares Core MSCI World UCITS ETF USD (Acc)

IVV

iShares Core S&P 500 ETF

Return for Risk

IVV vs. IWDA.AS — Risk / Return Rank

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

IVV

IVV Risk / Return Rank: 60
IVV Sharpe Ratio Rank: 53
IVV Sortino Ratio Rank: 57
IVV Omega Ratio Rank: 61
IVV Calmar Ratio Rank: 58
IVV Martin Ratio Rank: 69

IWDA.AS

IWDA.AS Risk / Return Rank: 60
IWDA.AS Sharpe Ratio Rank: 38
IWDA.AS Sortino Ratio Rank: 36
IWDA.AS Omega Ratio Rank: 40
IWDA.AS Calmar Ratio Rank: 93
IWDA.AS Martin Ratio Rank: 93

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.

IVV vs. IWDA.AS - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for iShares Core S&P 500 ETF (IVV) and iShares Core MSCI World UCITS ETF USD (Acc) (IWDA.AS). 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.

	IVV	IWDA.AS	Difference
Sharpe ratio Return per unit of total volatility	1.00	1.08	-0.09
Sortino ratio Return per unit of downside risk	1.52	1.57	-0.05
Omega ratio Gain probability vs. loss probability	1.23	1.23	0.00
Calmar ratio Return relative to maximum drawdown	1.54	3.34	-1.80
Martin ratio Return relative to average drawdown	7.28	14.64	-7.36
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

IVV vs. IWDA.AS - Sharpe Ratio Comparison

The current IVV Sharpe Ratio is 1.00, which is comparable to the IWDA.AS Sharpe Ratio of 1.08. The chart below compares the historical Sharpe Ratios of IVV and IWDA.AS, 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

	IVV	IWDA.AS	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	1.00	1.08	-0.09
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.71	0.64	+0.07
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.78	0.74	+0.04
Sharpe Ratio (All Time) Calculated using the full available price history	0.42	0.63	-0.20

Correlation

The correlation between IVV and IWDA.AS is 0.61, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.

Dividends

IVV vs. IWDA.AS - Dividend Comparison

IVV's dividend yield for the trailing twelve months is around 1.22%, while IWDA.AS has not paid dividends to shareholders.

	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
IVV iShares Core S&P 500 ETF	1.22%	1.17%	1.30%	1.44%	1.66%	1.20%	1.57%	1.85%	2.21%	1.75%	2.01%	2.27%
IWDA.AS 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%

Drawdowns

IVV vs. IWDA.AS - Drawdown Comparison

The maximum IVV drawdown since its inception was -55.25%, which is greater than IWDA.AS's maximum drawdown of -34.11%. Use the drawdown chart below to compare losses from any high point for IVV and IWDA.AS.

Drawdown Indicators

	IVV	IWDA.AS	Difference
Max Drawdown Largest peak-to-trough decline	-55.25%	-33.63%	-21.62%
Max Drawdown (1Y) Largest decline over 1 year	-12.06%	-13.21%	+1.15%
Max Drawdown (5Y) Largest decline over 5 years	-24.53%	-21.59%	-2.94%
Max Drawdown (10Y) Largest decline over 10 years	-33.90%	-33.63%	-0.27%
Current Drawdown Current decline from peak	-5.57%	-3.99%	-1.58%
Average Drawdown Average peak-to-trough decline	-10.84%	-4.28%	-6.56%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.55%	1.66%	+0.89%

Volatility

IVV vs. IWDA.AS - Volatility Comparison

iShares Core S&P 500 ETF (IVV) has a higher volatility of 5.34% compared to iShares Core MSCI World UCITS ETF USD (Acc) (IWDA.AS) at 4.13%. This indicates that IVV's price experiences larger fluctuations and is considered to be riskier than IWDA.AS based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	IVV	IWDA.AS	Difference
Volatility (1M) Calculated over the trailing 1-month period	5.34%	4.13%	+1.21%
Volatility (6M) Calculated over the trailing 6-month period	9.47%	8.37%	+1.10%
Volatility (1Y) Calculated over the trailing 1-year period	18.31%	16.23%	+2.08%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	16.89%	15.48%	+1.41%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	18.03%	15.77%	+2.26%