IWDA.AS vs. TI5A.AS

Last updated Jun 4, 2026

IWDA.AS (iShares Core MSCI World UCITS ETF USD (Acc)) and TI5A.AS (iShares USD TIPS 0-5 UCITS ETF USD Accumulating) are both exchange-traded funds - IWDA.AS is a Global Equities fund tracking the MSCI ACWI NR USD, while TI5A.AS is a Inflation-Protected Bonds fund tracking the ICE US Treasury Inflation-Linked Bond 0-5 Years. Both are passively managed. Over the past 3 years, IWDA.AS returned 17.67%/yr vs 2.38%/yr for TI5A.AS. At a 0.15 correlation, their price movements are largely independent. IWDA.AS charges 0.20%/yr vs 0.10%/yr for TI5A.AS.

Performance

IWDA.AS vs. TI5A.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 USD TIPS 0-5 UCITS ETF USD Accumulating (TI5A.AS). The values are adjusted to include any dividend payments, if applicable.

Different Trading Currencies

IWDA.AS is traded in EUR, while TI5A.AS is traded in USD. To make them comparable, the TI5A.AS values have been converted to EUR using the latest available exchange rates.

Returns By Period

In the year-to-date period, IWDA.AS achieves a 11.10% return, which is significantly higher than TI5A.AS's 3.38% 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%

TI5A.AS

• 1D: 0.20%
• 1M: 0.72%
• YTD: 3.38%
• 6M: 2.60%
• 1Y: 2.51%
• 3Y*: 2.38%
• 5Y*: —
• 10Y*: —

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

IWDA.AS vs. TI5A.AS - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022
IWDA.AS iShares Core MSCI World UCITS ETF USD (Acc)	11.10%	7.08%	27.23%	19.89%	-4.24%
TI5A.AS iShares USD TIPS 0-5 UCITS ETF USD Accumulating	3.38%	-6.65%	11.90%	0.48%	-6.05%

Correlation

The correlation between IWDA.AS and TI5A.AS is 0.09, meaning there is essentially no relationship between their price movements. Each responds to its own set of market drivers, making them strong candidates for combining in a diversified portfolio.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.09
Correlation (3Y) Calculated over the trailing 3-year period	0.19
Correlation (All Time) Calculated using the full available price history since Jul 8, 2022	0.15

The correlation between IWDA.AS and TI5A.AS shifts across timeframes, from 0.09 (1 year) to 0.19 (3 years), reflecting how their relationship changes across market environments.

Return for Risk

IWDA.AS vs. TI5A.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: 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

TI5A.AS

TI5A.AS Risk / Return Rank: 74
TI5A.AS Sharpe Ratio Rank: 60
TI5A.AS Sortino Ratio Rank: 64
TI5A.AS Omega Ratio Rank: 70
TI5A.AS Calmar Ratio Rank: 87
TI5A.AS Martin Ratio Rank: 89

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. TI5A.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 USD TIPS 0-5 UCITS ETF USD Accumulating (TI5A.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	TI5A.AS	Difference
Sharpe ratio: Return per unit of total volatility	2.16	0.39	+1.77
Sortino ratio: Return per unit of downside risk	3.03	0.60	+2.44
Omega ratio: Gain probability vs. loss probability	1.41	1.07	+0.34
Calmar ratio: Return relative to maximum drawdown	3.65	0.60	+3.05
Martin ratio: Return relative to average drawdown	14.56	1.57	+12.98
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. TI5A.AS - Sharpe Ratio Comparison

The current IWDA.AS Sharpe Ratio is 2.16, which is higher than the TI5A.AS Sharpe Ratio of 0.39. The chart below compares the historical Sharpe Ratios of IWDA.AS and TI5A.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.

Sharpe Ratios by Period

	IWDA.AS	TI5A.AS	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	2.16	0.39	+1.77
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.90	—	—
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	0.07	+0.75

Drawdowns

IWDA.AS vs. TI5A.AS - Drawdown Comparison

The maximum IWDA.AS drawdown since its inception was -33.63%, which is greater than TI5A.AS's maximum drawdown of -12.45%. Use the drawdown chart below to compare losses from any high point for IWDA.AS and TI5A.AS.

Drawdown Indicators

	IWDA.AS	TI5A.AS	Difference
Max Drawdown Largest peak-to-trough decline	-33.63%	-12.45%	-21.18%
Max Drawdown (1Y) Largest decline over 1 year	-6.45%	-4.13%	-2.32%
Max Drawdown (3Y) Largest decline over 3 years	-21.59%	-10.51%	-11.08%
Max Drawdown (5Y) Largest decline over 5 years	-21.59%	—	—
Max Drawdown (10Y) Largest decline over 10 years	-33.63%	—	—
Current Drawdown Current decline from peak	-0.31%	-5.28%	+4.97%
Average Drawdown Average peak-to-trough decline	-4.25%	-6.34%	+2.09%
Ulcer Index Depth and duration of drawdowns from previous peaks	1.63%	1.56%	+0.07%

Volatility

IWDA.AS vs. TI5A.AS - Volatility Comparison

iShares Core MSCI World UCITS ETF USD (Acc) (IWDA.AS) has a higher volatility of 2.79% compared to iShares USD TIPS 0-5 UCITS ETF USD Accumulating (TI5A.AS) at 1.19%. This indicates that IWDA.AS's price experiences larger fluctuations and is considered to be riskier than TI5A.AS based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	IWDA.AS	TI5A.AS	Difference
Volatility (1M) Calculated over the trailing 1-month period	2.79%	1.19%	+1.60%
Volatility (6M) Calculated over the trailing 6-month period	7.61%	4.53%	+3.08%
Volatility (1Y) Calculated over the trailing 1-year period	10.96%	6.47%	+4.49%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	14.08%	8.04%	+6.04%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	15.00%	8.04%	+6.96%

IWDA.AS vs. TI5A.AS - Expense Ratio Comparison

IWDA.AS has a 0.20% expense ratio, which is higher than TI5A.AS's 0.10% 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. TI5A.AS - Dividend Comparison

Neither IWDA.AS nor TI5A.AS has paid dividends to shareholders.

Tickers have no history of dividend payments

Frequently Asked Questions

Can I hold both IWDA.AS and TI5A.AS in my portfolio?

IWDA.AS and TI5A.AS have a correlation of 0.09, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, IWDA.AS or TI5A.AS?

On fees, TI5A.AS is cheaper at 0.10% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, IWDA.AS or TI5A.AS?

TI5A.AS is cheaper with a 0.10% expense ratio, compared with 0.20% for IWDA.AS.

What is the main difference between IWDA.AS and TI5A.AS?

IWDA.AS is categorized as Global Equities, while TI5A.AS is Inflation-Protected Bonds. IWDA.AS tracks MSCI ACWI NR USD, while TI5A.AS tracks ICE US Treasury Inflation-Linked Bond 0-5 Years. Their fees differ too: 0.20% for IWDA.AS and 0.10% for TI5A.AS.