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IWDA.AS vs. LTAM.AS
Performance
Return for Risk
Drawdowns
Volatility
Dividends

IWDA.AS vs. LTAM.AS

Last updated Jun 4, 2026

IWDA.AS (iShares Core MSCI World UCITS ETF USD (Acc)) and LTAM.AS (iShares MSCI EM Latin America UCITS ETF USD (Dist)) are both exchange-traded funds - IWDA.AS is a Global Equities fund tracking the MSCI ACWI NR USD, while LTAM.AS is a Latin America Equities fund tracking the MSCI EM Latin America NR USD. Both are passively managed. Over the past 10 years, IWDA.AS returned 12.88%/yr vs 7.16%/yr for LTAM.AS. A 0.56 correlation means they provide meaningful diversification when combined. Both charge a 0.20% expense ratio.

Performance

IWDA.AS vs. LTAM.AS - Performance Comparison

The chart below illustrates the hypothetical performance of a €10,000 investment in iShares Core MSCI World UCITS ETF USD (Acc) (IWDA.AS) and iShares MSCI EM Latin America UCITS ETF USD (Dist) (LTAM.AS). The values are adjusted to include any dividend payments, if applicable.

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Returns By Period

In the year-to-date period, IWDA.AS achieves a 11.10% return, which is significantly lower than LTAM.AS's 11.79% return. Over the past 10 years, IWDA.AS has outperformed LTAM.AS with an annualized return of 12.88%, while LTAM.AS has yielded a comparatively lower 7.16% annualized return.

IWDA.AS

1D
-0.31%
1M
5.58%
YTD
11.10%
6M
11.60%
1Y
23.84%
3Y*
17.67%
5Y*
12.89%
10Y*
12.88%

LTAM.AS

1D
-2.15%
1M
-5.48%
YTD
11.79%
6M
10.17%
1Y
34.82%
3Y*
10.51%
5Y*
9.37%
10Y*
7.16%
*Multi-year figures are annualized to reflect compound growth (CAGR)

IWDA.AS vs. LTAM.AS - Yearly Performance Comparison

2026 (YTD)202520242023202220212020201920182017
IWDA.AS
iShares Core MSCI World UCITS ETF USD (Acc)		11.10%7.08%27.23%19.89%-13.54%32.54%6.20%29.58%-4.16%7.49%
LTAM.AS
iShares MSCI EM Latin America UCITS ETF USD (Dist)		11.79%36.08%-22.43%28.47%14.01%-3.03%-18.51%14.74%-1.57%7.45%

Correlation

The correlation between IWDA.AS and LTAM.AS is 0.47, which is low. Their price movements are largely independent, making them effective diversification partners.

Correlation
Correlation (1Y)
Calculated over the trailing 1-year period

0.47

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

0.44

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

0.44

Correlation (10Y)
Calculated over the trailing 10-year period

0.50

Correlation (All Time)
Calculated using the full available price history since Oct 20, 2009

0.56

The correlation between IWDA.AS and LTAM.AS shifts across timeframes, from 0.44 (3 years) to 0.56 (all time), reflecting how their relationship changes across market environments.

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iShares Core MSCI World UCITS ETF USD (Acc)

iShares MSCI EM Latin America UCITS ETF USD (Dist)

Often compared with IWDA.AS:
IWDA.AS vs. CSPX.LIWDA.AS vs. VTIWDA.AS vs. IWQU.LIWDA.AS vs. SWRD.ASIWDA.AS vs. IWVL.LIWDA.AS vs. WEBN.DEIWDA.AS vs. SPYI.DE
Often compared with LTAM.AS:
LTAM.AS vs. LTAM.LLTAM.AS vs. SWRD.ASLTAM.AS vs. EWZLTAM.AS vs. SPYLTAM.AS vs. 5MVL.DELTAM.AS vs. GOAI.DELTAM.AS vs. PRAM.DE

Return for Risk

IWDA.AS vs. LTAM.AS — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.
IWDA.AS
IWDA.AS Risk / Return Rank: 6868
Overall Rank
IWDA.AS Sharpe Ratio Rank: 6363
Sharpe Ratio Rank
IWDA.AS Sortino Ratio Rank: 6464
Sortino Ratio Rank
IWDA.AS Omega Ratio Rank: 6666
Omega Ratio Rank
IWDA.AS Calmar Ratio Rank: 7272
Calmar Ratio Rank
IWDA.AS Martin Ratio Rank: 7575
Martin Ratio Rank
LTAM.AS
LTAM.AS Risk / Return Rank: 5858
Overall Rank
LTAM.AS Sharpe Ratio Rank: 5858
Sharpe Ratio Rank
LTAM.AS Sortino Ratio Rank: 5757
Sortino Ratio Rank
LTAM.AS Omega Ratio Rank: 5454
Omega Ratio Rank
LTAM.AS Calmar Ratio Rank: 6666
Calmar Ratio Rank
LTAM.AS Martin Ratio Rank: 5656
Martin Ratio Rank
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.

IWDA.AS vs. LTAM.AS - 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 MSCI EM Latin America UCITS ETF USD (Dist) (LTAM.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.

IWDA.ASLTAM.ASDifference
Sharpe ratioReturn per unit of total volatility
2.16
1.95

+0.21

Sortino ratioReturn per unit of downside risk
3.03
2.69

+0.34

Omega ratioGain probability vs. loss probability

1.41

1.33

+0.08

Calmar ratioReturn relative to maximum drawdown

3.65

3.28

+0.37

Martin ratioReturn relative to average drawdown

14.56

9.77

+4.79

Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

IWDA.AS vs. LTAM.AS - Sharpe Ratio Comparison

The current IWDA.AS Sharpe Ratio is 2.16, which is comparable to the LTAM.AS Sharpe Ratio of 1.95. The chart below compares the historical Sharpe Ratios of IWDA.AS and LTAM.AS, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

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Sharpe Ratios by Period

IWDA.ASLTAM.ASDifference

Sharpe Ratio (1Y)

Calculated over the trailing 1-year period

2.16

1.95

+0.21

Sharpe Ratio (5Y)

Calculated over the trailing 5-year period

0.90

0.44

+0.46

Sharpe Ratio (10Y)

Calculated over the trailing 10-year period

0.85

0.28

+0.56

Sharpe Ratio (All Time)

Calculated using the full available price history

0.82

0.07

+0.75

Drawdowns

IWDA.AS vs. LTAM.AS - Drawdown Comparison

The maximum IWDA.AS drawdown since its inception was -33.63%, smaller than the maximum LTAM.AS drawdown of -60.23%. Use the drawdown chart below to compare losses from any high point for IWDA.AS and LTAM.AS.

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Drawdown Indicators

IWDA.ASLTAM.ASDifference

Max Drawdown

Largest peak-to-trough decline

-33.63%

-60.23%

+26.60%

Max Drawdown (1Y)

Largest decline over 1 year

-6.45%

-10.47%

+4.02%

Max Drawdown (3Y)

Largest decline over 3 years

-21.59%

-25.56%

+3.97%

Max Drawdown (5Y)

Largest decline over 5 years

-21.59%

-25.56%

+3.97%

Max Drawdown (10Y)

Largest decline over 10 years

-33.63%

-49.89%

+16.26%

Current Drawdown

Current decline from peak

-0.31%

-10.47%

+10.16%

Average Drawdown

Average peak-to-trough decline

-4.25%

-26.14%

+21.89%

Ulcer Index

Depth and duration of drawdowns from previous peaks

1.63%

3.54%

-1.91%

Volatility

IWDA.AS vs. LTAM.AS - Volatility Comparison

The current volatility for iShares Core MSCI World UCITS ETF USD (Acc) (IWDA.AS) is 2.79%, while iShares MSCI EM Latin America UCITS ETF USD (Dist) (LTAM.AS) has a volatility of 5.21%. This indicates that IWDA.AS experiences smaller price fluctuations and is considered to be less risky than LTAM.AS based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

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Volatility by Period

IWDA.ASLTAM.ASDifference

Volatility (1M)

Calculated over the trailing 1-month period

2.79%

5.21%

-2.42%

Volatility (6M)

Calculated over the trailing 6-month period

7.61%

14.94%

-7.33%

Volatility (1Y)

Calculated over the trailing 1-year period

10.96%

17.63%

-6.67%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

14.08%

20.78%

-6.70%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

15.00%

25.09%

-10.09%

IWDA.AS vs. LTAM.AS - Expense Ratio Comparison

Both IWDA.AS and LTAM.AS have an expense ratio of 0.20%, making them cost-effective options compared to the broader market, where average expense ratios typically range from 0.3% to 0.9%.

Dividends

IWDA.AS vs. LTAM.AS - Dividend Comparison

IWDA.AS has not paid dividends to shareholders, while LTAM.AS's dividend yield for the trailing twelve months is around 3.00%.

PositionTTM20252024202320222021202020192018201720162015
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%
LTAM.AS
iShares MSCI EM Latin America UCITS ETF USD (Dist)		3.00%3.21%5.22%3.99%6.79%2.66%1.65%2.11%1.84%1.41%1.23%2.69%

Frequently Asked Questions

IWDA.AS and LTAM.AS have a correlation of 0.47, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Both ETFs have the same 0.20% expense ratio. The better choice depends on whether you care most about return, fees, risk, or income.

IWDA.AS and LTAM.AS have the same expense ratio: 0.20% per year.

IWDA.AS is categorized as Global Equities, while LTAM.AS is Latin America Equities. IWDA.AS tracks MSCI ACWI NR USD, while LTAM.AS tracks MSCI EM Latin America NR USD.

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