IWDA.AS vs. EUNY.DE
IWDA.AS (iShares Core MSCI World UCITS ETF USD (Acc)) and EUNY.DE (iShares Emerging Markets Dividend UCITS ETF) are both exchange-traded funds - IWDA.AS is a Global Equities fund tracking the MSCI World Index, while EUNY.DE is a Emerging Markets Equities fund tracking the Dow Jones Emerging Markets Select Dividend. Both are passively managed. Over the past 10 years, IWDA.AS returned 12.81%/yr vs 7.14%/yr for EUNY.DE. A 0.65 correlation means they provide meaningful diversification when combined. IWDA.AS charges 0.20%/yr vs 0.65%/yr for EUNY.DE.
Performance
IWDA.AS vs. EUNY.DE - Performance Comparison
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Returns By Period
The year-to-date returns for both investments are quite close, with IWDA.AS having a 11.06% return and EUNY.DE slightly higher at 11.46%. Over the past 10 years, IWDA.AS has outperformed EUNY.DE with an annualized return of 12.81%, while EUNY.DE has yielded a comparatively lower 7.14% annualized return.
IWDA.AS
- 1D
- -0.03%
- 1M
- 3.65%
- YTD
- 11.06%
- 6M
- 11.08%
- 1Y
- 23.22%
- 3Y*
- 17.53%
- 5Y*
- 12.88%
- 10Y*
- 12.81%
EUNY.DE
- 1D
- -0.55%
- 1M
- -2.33%
- YTD
- 11.46%
- 6M
- 12.72%
- 1Y
- 25.16%
- 3Y*
- 17.26%
- 5Y*
- 5.28%
- 10Y*
- 7.14%
IWDA.AS vs. EUNY.DE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
IWDA.AS iShares Core MSCI World UCITS ETF USD (Acc) | 11.06% | 7.08% | 27.23% | 19.89% | -13.54% | 32.54% | 6.20% | 29.58% | -4.16% | 7.49% |
EUNY.DE iShares Emerging Markets Dividend UCITS ETF | 11.46% | 13.97% | 12.39% | 15.37% | -26.13% | 19.99% | -11.70% | 18.31% | -1.55% | 10.49% |
Correlation
The correlation between IWDA.AS and EUNY.DE is 0.55, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.55 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.52 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.50 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.61 |
Correlation (All Time) Calculated using the full available price history since Jun 21, 2012 | 0.65 |
The correlation between IWDA.AS and EUNY.DE shifts across timeframes, from 0.50 (5 years) to 0.65 (all time), reflecting how their relationship changes across market environments.
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Return for Risk
IWDA.AS vs. EUNY.DE — Risk / Return Rank
IWDA.AS
EUNY.DE
IWDA.AS vs. EUNY.DE - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for iShares Core MSCI World UCITS ETF USD (Acc) (IWDA.AS) and iShares Emerging Markets Dividend UCITS ETF (EUNY.DE). 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.
| IWDA.AS | EUNY.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.02 | ||
| Sortino ratioReturn per unit of downside risk | +0.05 | ||
| Omega ratioGain probability vs. loss probability | 1.41 | 1.38 | +0.02 |
| Calmar ratioReturn relative to maximum drawdown | 3.64 | 6.17 | -2.53 |
| Martin ratioReturn relative to average drawdown | 14.53 | 16.86 | -2.33 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| IWDA.AS | EUNY.DE | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 2.15 | 2.13 | +0.02 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.90 | 0.34 | +0.56 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.84 | 0.42 | +0.42 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.82 | 0.22 | +0.60 |
Drawdowns
IWDA.AS vs. EUNY.DE - Drawdown Comparison
The maximum IWDA.AS drawdown since its inception was -33.63%, smaller than the maximum EUNY.DE drawdown of -40.65%. Use the drawdown chart below to compare losses from any high point for IWDA.AS and EUNY.DE.
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Drawdown Indicators
| IWDA.AS | EUNY.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -33.63% | -40.65% | +7.02% |
Max Drawdown (1Y)Largest decline over 1 year | -6.45% | -4.11% | -2.34% |
Max Drawdown (3Y)Largest decline over 3 years | -21.59% | -15.70% | -5.89% |
Max Drawdown (5Y)Largest decline over 5 years | -21.59% | -31.43% | +9.84% |
Max Drawdown (10Y)Largest decline over 10 years | -33.63% | -36.29% | +2.66% |
Current DrawdownCurrent decline from peak | -0.34% | -2.82% | +2.48% |
Average DrawdownAverage peak-to-trough decline | -4.25% | -12.34% | +8.09% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.63% | 1.51% | +0.12% |
Volatility
IWDA.AS vs. EUNY.DE - Volatility Comparison
The current volatility for iShares Core MSCI World UCITS ETF USD (Acc) (IWDA.AS) is 2.62%, while iShares Emerging Markets Dividend UCITS ETF (EUNY.DE) has a volatility of 4.52%. This indicates that IWDA.AS experiences smaller price fluctuations and is considered to be less risky than EUNY.DE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| IWDA.AS | EUNY.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 2.62% | 4.52% | -1.90% |
Volatility (6M)Calculated over the trailing 6-month period | 7.61% | 9.70% | -2.09% |
Volatility (1Y)Calculated over the trailing 1-year period | 10.90% | 11.90% | -1.00% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 14.08% | 15.58% | -1.50% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 14.99% | 16.73% | -1.74% |
IWDA.AS vs. EUNY.DE - Expense Ratio Comparison
IWDA.AS has a 0.20% expense ratio, which is lower than EUNY.DE's 0.65% expense ratio.
Dividends
IWDA.AS vs. EUNY.DE - Dividend Comparison
IWDA.AS has not paid dividends to shareholders, while EUNY.DE's dividend yield for the trailing twelve months is around 5.32%.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
EUNY.DE iShares Emerging Markets Dividend UCITS ETF | 5.32% | 5.82% | 7.72% | 8.04% | 9.56% | 6.35% | 5.09% | 5.57% | 5.65% | 4.09% | 4.35% | 6.37% |
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% |
Frequently Asked Questions
IWDA.AS and EUNY.DE have a correlation of 0.55, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, IWDA.AS is cheaper at 0.20% per year. The better choice depends on whether you care most about return, fees, risk, or income.
IWDA.AS is cheaper with a 0.20% expense ratio, compared with 0.65% for EUNY.DE.
IWDA.AS is categorized as Global Equities, while EUNY.DE is Emerging Markets Equities. IWDA.AS tracks MSCI World Index, while EUNY.DE tracks Dow Jones Emerging Markets Select Dividend. Their fees differ too: 0.20% for IWDA.AS and 0.65% for EUNY.DE.
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