IWDA.AS vs. TDIV.AS
IWDA.AS (iShares Core MSCI World UCITS ETF USD (Acc)) and TDIV.AS (VanEck Morningstar Developed Markets Dividend Leaders UCITS ETF) are both exchange-traded funds - IWDA.AS is a Global Equities fund tracking the MSCI ACWI NR USD, while TDIV.AS is a Global Equity Income fund tracking the Morningstar Developed Markets Large Cap Dividend Leaders Screened Select Index. Both are passively managed. Over the past 10 years, IWDA.AS returned 12.88%/yr vs 12.08%/yr for TDIV.AS. A 0.74 correlation means they provide meaningful diversification when combined. IWDA.AS charges 0.20%/yr vs 0.38%/yr for TDIV.AS.
Performance
IWDA.AS vs. TDIV.AS - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, IWDA.AS achieves a 11.10% return, which is significantly higher than TDIV.AS's 9.61% return. Over the past 10 years, IWDA.AS has outperformed TDIV.AS with an annualized return of 12.88%, while TDIV.AS has yielded a comparatively lower 12.08% 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%
TDIV.AS
- 1D
- 0.27%
- 1M
- 0.35%
- YTD
- 9.61%
- 6M
- 13.02%
- 1Y
- 25.48%
- 3Y*
- 19.77%
- 5Y*
- 17.46%
- 10Y*
- 12.08%
IWDA.AS vs. TDIV.AS - 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% | 7.49% |
TDIV.AS VanEck Morningstar Developed Markets Dividend Leaders UCITS ETF | 9.61% | 24.40% | 15.98% | 10.91% | 16.18% | 27.85% | -10.17% | 20.97% | -7.12% | 2.88% |
Correlation
The correlation between IWDA.AS and TDIV.AS is 0.44, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.44 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.53 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.63 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.74 |
Correlation (All Time) Calculated using the full available price history since May 24, 2016 | 0.74 |
Over the past year, the correlation between IWDA.AS and TDIV.AS has dropped to 0.44 - well below their long-term average of 0.74, suggesting their price drivers have been diverging.
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Return for Risk
IWDA.AS vs. TDIV.AS — Risk / Return Rank
IWDA.AS
TDIV.AS
IWDA.AS vs. TDIV.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 VanEck Morningstar Developed Markets Dividend Leaders UCITS ETF (TDIV.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.AS | TDIV.AS | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.62 | ||
| Sortino ratioReturn per unit of downside risk | -0.95 | ||
| Omega ratioGain probability vs. loss probability | 1.41 | 1.51 | -0.10 |
| Calmar ratioReturn relative to maximum drawdown | 3.65 | 7.16 | -3.51 |
| Martin ratioReturn relative to average drawdown | 14.56 | 19.94 | -5.38 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
Loading charts...
Sharpe Ratios by Period
| IWDA.AS | TDIV.AS | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 2.16 | 2.78 | -0.62 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.90 | 1.42 | -0.52 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.85 | 0.83 | +0.01 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.82 | 0.84 | -0.01 |
Drawdowns
IWDA.AS vs. TDIV.AS - Drawdown Comparison
The maximum IWDA.AS drawdown since its inception was -33.63%, smaller than the maximum TDIV.AS drawdown of -36.06%. Use the drawdown chart below to compare losses from any high point for IWDA.AS and TDIV.AS.
Loading charts...
Drawdown Indicators
| IWDA.AS | TDIV.AS | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -33.63% | -36.06% | +2.43% |
Max Drawdown (1Y)Largest decline over 1 year | -6.45% | -3.51% | -2.94% |
Max Drawdown (3Y)Largest decline over 3 years | -21.59% | -15.26% | -6.33% |
Max Drawdown (5Y)Largest decline over 5 years | -21.59% | -15.26% | -6.33% |
Max Drawdown (10Y)Largest decline over 10 years | -33.63% | -36.06% | +2.43% |
Current DrawdownCurrent decline from peak | -0.31% | -2.23% | +1.92% |
Average DrawdownAverage peak-to-trough decline | -4.25% | -3.93% | -0.32% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.63% | 1.26% | +0.37% |
Volatility
IWDA.AS vs. TDIV.AS - Volatility Comparison
iShares Core MSCI World UCITS ETF USD (Acc) (IWDA.AS) has a higher volatility of 2.79% compared to VanEck Morningstar Developed Markets Dividend Leaders UCITS ETF (TDIV.AS) at 2.42%. This indicates that IWDA.AS's price experiences larger fluctuations and is considered to be riskier than TDIV.AS based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| IWDA.AS | TDIV.AS | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 2.79% | 2.42% | +0.37% |
Volatility (6M)Calculated over the trailing 6-month period | 7.61% | 6.64% | +0.97% |
Volatility (1Y)Calculated over the trailing 1-year period | 10.96% | 9.06% | +1.90% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 14.08% | 12.06% | +2.02% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 15.00% | 14.32% | +0.68% |
IWDA.AS vs. TDIV.AS - Expense Ratio Comparison
IWDA.AS has a 0.20% expense ratio, which is lower than TDIV.AS's 0.38% expense ratio.
Dividends
IWDA.AS vs. TDIV.AS - Dividend Comparison
IWDA.AS has not paid dividends to shareholders, while TDIV.AS's dividend yield for the trailing twelve months is around 4.94%.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
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% |
TDIV.AS VanEck Morningstar Developed Markets Dividend Leaders UCITS ETF | 4.94% | 3.58% | 4.19% | 4.98% | 4.55% | 3.98% | 4.12% | 4.40% | 4.93% | 3.95% | 1.11% |
Frequently Asked Questions
IWDA.AS and TDIV.AS have a correlation of 0.44, 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 0.38% for TDIV.AS.
IWDA.AS is categorized as Global Equities, while TDIV.AS is Global Equity Income. IWDA.AS tracks MSCI ACWI NR USD, while TDIV.AS tracks Morningstar Developed Markets Large Cap Dividend Leaders Screened Select Index. They also come from different issuers: iShares and VanEck. Their fees differ too: 0.20% for IWDA.AS and 0.38% for TDIV.AS.
Find the right allocation for IWDA.AS and TDIV.AS
Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Optimizer