IWDA.AS vs. S500.PA

Last updated Jun 4, 2026

IWDA.AS (iShares Core MSCI World UCITS ETF USD (Acc)) and S500.PA (Amundi S&P 500 ESG UCITS ETF Acc EUR) are both exchange-traded funds - IWDA.AS is a Global Equities fund tracking the MSCI ACWI NR USD, while S500.PA is a S&P 500 fund tracking the S&P 500 ESG+ Index. Both are passively managed. Over the past 5 years, IWDA.AS returned 12.89%/yr vs 15.40%/yr for S500.PA. Their correlation of 0.82 suggests significant overlap in exposure. IWDA.AS charges 0.20%/yr vs 0.12%/yr for S500.PA.

Performance

IWDA.AS vs. S500.PA - 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 Amundi S&P 500 ESG UCITS ETF Acc EUR (S500.PA). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, IWDA.AS achieves a 11.10% return, which is significantly higher than S500.PA's 10.41% 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%

S500.PA

• 1D: -0.57%
• 1M: 5.53%
• YTD: 10.41%
• 6M: 10.76%
• 1Y: 27.93%
• 3Y*: 18.53%
• 5Y*: 15.40%
• 10Y*: —

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

IWDA.AS vs. S500.PA - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
IWDA.AS iShares Core MSCI World UCITS ETF USD (Acc)	11.10%	7.08%	27.23%	19.89%	-13.54%	32.54%	6.20%	29.58%	-4.16%	5.68%
S500.PA Amundi S&P 500 ESG UCITS ETF Acc EUR	10.41%	4.58%	33.45%	23.34%	-13.75%	42.99%	6.93%	32.56%	-1.91%	5.79%

Correlation

The correlation between IWDA.AS and S500.PA is 0.93, indicating a strong positive relationship between their price movements. Combining them offers limited diversification - they tend to fall together during downturns.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.93
Correlation (3Y) Calculated over the trailing 3-year period	0.94
Correlation (5Y) Calculated over the trailing 5-year period	0.95
Correlation (All Time) Calculated using the full available price history since Jan 5, 2017	0.82

The correlation between IWDA.AS and S500.PA shifts across timeframes, from 0.82 (all time) to 0.95 (5 years), reflecting how their relationship changes across market environments.

Return for Risk

IWDA.AS vs. S500.PA — 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: 68
IWDA.AS Sharpe Ratio Rank: 63
IWDA.AS Sortino Ratio Rank: 64
IWDA.AS Omega Ratio Rank: 66
IWDA.AS Calmar Ratio Rank: 72
IWDA.AS Martin Ratio Rank: 75

S500.PA

S500.PA Risk / Return Rank: 74
S500.PA Sharpe Ratio Rank: 73
S500.PA Sortino Ratio Rank: 72
S500.PA Omega Ratio Rank: 74
S500.PA Calmar Ratio Rank: 75
S500.PA Martin Ratio Rank: 76

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. S500.PA - 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 Amundi S&P 500 ESG UCITS ETF Acc EUR (S500.PA). 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	S500.PA	Difference
Sharpe ratio: Return per unit of total volatility	2.16	2.39	-0.24
Sortino ratio: Return per unit of downside risk	3.03	3.28	-0.25
Omega ratio: Gain probability vs. loss probability	1.41	1.44	-0.03
Calmar ratio: Return relative to maximum drawdown	3.65	3.77	-0.12
Martin ratio: Return relative to average drawdown	14.56	14.55	+0.01
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. S500.PA - Sharpe Ratio Comparison

The current IWDA.AS Sharpe Ratio is 2.16, which is comparable to the S500.PA Sharpe Ratio of 2.39. The chart below compares the historical Sharpe Ratios of IWDA.AS and S500.PA, 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

	IWDA.AS	S500.PA	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	2.16	2.39	-0.24
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.90	1.00	-0.10
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.85	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.82	0.96	-0.14

Drawdowns

IWDA.AS vs. S500.PA - Drawdown Comparison

The maximum IWDA.AS drawdown since its inception was -33.63%, roughly equal to the maximum S500.PA drawdown of -33.76%. Use the drawdown chart below to compare losses from any high point for IWDA.AS and S500.PA.

Drawdown Indicators

	IWDA.AS	S500.PA	Difference
Max Drawdown Largest peak-to-trough decline	-33.63%	-33.76%	+0.13%
Max Drawdown (1Y) Largest decline over 1 year	-6.45%	-7.32%	+0.87%
Max Drawdown (3Y) Largest decline over 3 years	-21.59%	-23.37%	+1.78%
Max Drawdown (5Y) Largest decline over 5 years	-21.59%	-23.37%	+1.78%
Max Drawdown (10Y) Largest decline over 10 years	-33.63%	—	—
Current Drawdown Current decline from peak	-0.31%	-0.57%	+0.26%
Average Drawdown Average peak-to-trough decline	-4.25%	-4.61%	+0.36%
Ulcer Index Depth and duration of drawdowns from previous peaks	1.63%	1.91%	-0.28%

Volatility

IWDA.AS vs. S500.PA - Volatility Comparison

The current volatility for iShares Core MSCI World UCITS ETF USD (Acc) (IWDA.AS) is 2.79%, while Amundi S&P 500 ESG UCITS ETF Acc EUR (S500.PA) has a volatility of 3.03%. This indicates that IWDA.AS experiences smaller price fluctuations and is considered to be less risky than S500.PA based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	IWDA.AS	S500.PA	Difference
Volatility (1M) Calculated over the trailing 1-month period	2.79%	3.03%	-0.24%
Volatility (6M) Calculated over the trailing 6-month period	7.61%	7.63%	-0.02%
Volatility (1Y) Calculated over the trailing 1-year period	10.96%	11.61%	-0.65%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	14.08%	15.23%	-1.15%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	15.00%	18.16%	-3.16%

IWDA.AS vs. S500.PA - Expense Ratio Comparison

IWDA.AS has a 0.20% expense ratio, which is higher than S500.PA's 0.12% expense ratio. However, both funds are considered low-cost compared to the broader market, where average expense ratios usually range from 0.3% to 0.9%.

Dividends

IWDA.AS vs. S500.PA - Dividend Comparison

Neither IWDA.AS nor S500.PA has paid dividends to shareholders.

Tickers have no history of dividend payments

Frequently Asked Questions

Can I hold both IWDA.AS and S500.PA in my portfolio?

With a correlation of 0.93, IWDA.AS and S500.PA move almost identically. Holding both adds very little diversification - you're essentially doubling your position in the same market segment. Choosing one is usually more capital-efficient.

Which ETF is better, IWDA.AS or S500.PA?

On fees, S500.PA is cheaper at 0.12% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, IWDA.AS or S500.PA?

S500.PA is cheaper with a 0.12% expense ratio, compared with 0.20% for IWDA.AS.

What is the main difference between IWDA.AS and S500.PA?

IWDA.AS is categorized as Global Equities, while S500.PA is S&P 500. IWDA.AS tracks MSCI ACWI NR USD, while S500.PA tracks S&P 500 ESG+ Index. They also come from different issuers: iShares and Amundi. Their fees differ too: 0.20% for IWDA.AS and 0.12% for S500.PA.