IWDA.AS vs. VFEA.DE
IWDA.AS (iShares Core MSCI World UCITS ETF USD (Acc)) and VFEA.DE (Vanguard FTSE Emerging Markets UCITS ETF Acc) are both exchange-traded funds - IWDA.AS is a Global Equities fund tracking the MSCI World Index, while VFEA.DE is a Emerging Markets Equities fund tracking the FTSE Emerging. Both are passively managed. Over the past 5 years, IWDA.AS returned 12.46%/yr vs 5.81%/yr for VFEA.DE. A 0.64 correlation means they provide meaningful diversification when combined. IWDA.AS charges 0.20%/yr vs 0.22%/yr for VFEA.DE.
Performance
IWDA.AS vs. VFEA.DE - Performance Comparison
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Returns By Period
In the year-to-date period, IWDA.AS achieves a 10.11% return, which is significantly lower than VFEA.DE's 11.91% return.
IWDA.AS
- 1D
- 1.59%
- 1M
- 0.67%
- YTD
- 10.11%
- 6M
- 11.35%
- 1Y
- 23.74%
- 3Y*
- 16.75%
- 5Y*
- 12.46%
- 10Y*
- 12.98%
VFEA.DE
- 1D
- 2.32%
- 1M
- 0.05%
- YTD
- 11.91%
- 6M
- 13.75%
- 1Y
- 25.97%
- 3Y*
- 13.89%
- 5Y*
- 5.81%
- 10Y*
- —
IWDA.AS vs. VFEA.DE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | |
|---|---|---|---|---|---|---|---|---|
IWDA.AS iShares Core MSCI World UCITS ETF USD (Acc) | 10.11% | 7.08% | 27.23% | 19.89% | -13.54% | 32.54% | 6.20% | 5.40% |
VFEA.DE Vanguard FTSE Emerging Markets UCITS ETF Acc | 11.91% | 11.25% | 19.29% | 3.32% | -10.71% | 6.34% | 3.46% | 0.02% |
Correlation
The correlation between IWDA.AS and VFEA.DE is 0.71, 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 | 0.71 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.62 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.60 |
Correlation (All Time) Calculated using the full available price history since Sep 24, 2019 | 0.64 |
The correlation between IWDA.AS and VFEA.DE shifts across timeframes, from 0.60 (5 years) to 0.71 (1 year), reflecting how their relationship changes across market environments.
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Return for Risk
IWDA.AS vs. VFEA.DE — Risk / Return Rank
IWDA.AS
VFEA.DE
IWDA.AS vs. VFEA.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 Vanguard FTSE Emerging Markets UCITS ETF Acc (VFEA.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.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| IWDA.AS | VFEA.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.43 | ||
| Sortino ratioReturn per unit of downside risk | +0.52 | ||
| Omega ratioGain probability vs. loss probability | 1.39 | 1.29 | +0.09 |
| Calmar ratioReturn relative to maximum drawdown | 3.57 | 2.93 | +0.64 |
| Martin ratioReturn relative to average drawdown | 14.14 | 9.75 | +4.40 |
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Drawdowns
IWDA.AS vs. VFEA.DE - Drawdown Comparison
The maximum IWDA.AS drawdown since its inception was -33.63%, which is greater than VFEA.DE's maximum drawdown of -30.51%. Use the drawdown chart below to compare losses from any high point for IWDA.AS and VFEA.DE.
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Drawdown Indicators
| IWDA.AS | VFEA.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -33.63% | -30.51% | -3.12% |
Max Drawdown (1Y)Largest decline over 1 year | -6.45% | -8.44% | +1.99% |
Max Drawdown (3Y)Largest decline over 3 years | -21.59% | -18.97% | -2.62% |
Max Drawdown (5Y)Largest decline over 5 years | -21.59% | -19.98% | -1.61% |
Max Drawdown (10Y)Largest decline over 10 years | -33.63% | — | — |
Current DrawdownCurrent decline from peak | -1.19% | -2.45% | +1.26% |
Average DrawdownAverage peak-to-trough decline | -4.24% | -8.74% | +4.50% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.64% | 2.54% | -0.90% |
Volatility
IWDA.AS vs. VFEA.DE - Volatility Comparison
The current volatility for iShares Core MSCI World UCITS ETF USD (Acc) (IWDA.AS) is 3.07%, while Vanguard FTSE Emerging Markets UCITS ETF Acc (VFEA.DE) has a volatility of 5.46%. This indicates that IWDA.AS experiences smaller price fluctuations and is considered to be less risky than VFEA.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 | VFEA.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 3.07% | 5.46% | -2.39% |
Volatility (6M)Calculated over the trailing 6-month period | 7.94% | 12.32% | -4.38% |
Volatility (1Y)Calculated over the trailing 1-year period | 11.14% | 15.12% | -3.98% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 14.12% | 15.77% | -1.65% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 15.00% | 18.51% | -3.51% |
IWDA.AS vs. VFEA.DE - Expense Ratio Comparison
IWDA.AS has a 0.20% expense ratio, which is lower than VFEA.DE's 0.22% expense ratio. Despite the difference, 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. VFEA.DE - Dividend Comparison
Neither IWDA.AS nor VFEA.DE has paid dividends to shareholders.
Frequently Asked Questions
IWDA.AS and VFEA.DE have a correlation of 0.71, 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 0.22% for VFEA.DE.
IWDA.AS is categorized as Global Equities, while VFEA.DE is Emerging Markets Equities. IWDA.AS tracks MSCI World Index, while VFEA.DE tracks FTSE Emerging. They also come from different issuers: iShares and Vanguard. Their fees differ too: 0.20% for IWDA.AS and 0.22% for VFEA.DE.
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