IWDA.AS vs. WSML.L
IWDA.AS (iShares Core MSCI World UCITS ETF USD (Acc)) and WSML.L (iShares MSCI World Small Cap UCITS ETF USD (Acc)) are both Global Equities funds from iShares - IWDA.AS tracks the MSCI ACWI NR USD while WSML.L tracks the MSCI World Small Cap Index. Both are passively managed. Over the past 5 years, IWDA.AS returned 12.89%/yr vs 7.96%/yr for WSML.L. Their correlation of 0.81 suggests significant overlap in exposure. IWDA.AS charges 0.20%/yr vs 0.35%/yr for WSML.L.
Performance
IWDA.AS vs. WSML.L - Performance Comparison
Loading charts...
Different Trading Currencies
IWDA.AS is traded in EUR, while WSML.L is traded in USD. To make them comparable, the WSML.L 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 lower than WSML.L's 15.13% 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%
WSML.L
- 1D
- -0.19%
- 1M
- 4.10%
- YTD
- 15.13%
- 6M
- 16.33%
- 1Y
- 29.73%
- 3Y*
- 14.68%
- 5Y*
- 7.96%
- 10Y*
- —
IWDA.AS vs. WSML.L - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | |
|---|---|---|---|---|---|---|---|---|---|
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% | -0.28% |
WSML.L iShares MSCI World Small Cap UCITS ETF USD (Acc) | 15.13% | 5.71% | 14.49% | 13.55% | -13.57% | 23.85% | 6.89% | 27.16% | -6.25% |
Correlation
The correlation between IWDA.AS and WSML.L is 0.78, 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 | 0.78 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.75 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.79 |
Correlation (All Time) Calculated using the full available price history since Apr 3, 2018 | 0.81 |
The correlation between IWDA.AS and WSML.L has been stable across timeframes, ranging from 0.75 to 0.81 - a consistent structural relationship.
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. WSML.L — Risk / Return Rank
IWDA.AS
WSML.L
IWDA.AS vs. WSML.L - 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 World Small Cap UCITS ETF USD (Acc) (WSML.L). 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 | WSML.L | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.12 | ||
| Sortino ratioReturn per unit of downside risk | +0.11 | ||
| Omega ratioGain probability vs. loss probability | 1.41 | 1.36 | +0.04 |
| Calmar ratioReturn relative to maximum drawdown | 3.65 | 4.20 | -0.55 |
| Martin ratioReturn relative to average drawdown | 14.56 | 15.36 | -0.81 |
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 | WSML.L | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 2.16 | 2.04 | +0.12 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.90 | 0.46 | +0.45 |
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 | 0.52 | +0.30 |
Drawdowns
IWDA.AS vs. WSML.L - Drawdown Comparison
The maximum IWDA.AS drawdown since its inception was -33.63%, smaller than the maximum WSML.L drawdown of -40.19%. Use the drawdown chart below to compare losses from any high point for IWDA.AS and WSML.L.
Loading charts...
Drawdown Indicators
| IWDA.AS | WSML.L | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -33.63% | -40.19% | +6.56% |
Max Drawdown (1Y)Largest decline over 1 year | -6.45% | -7.05% | +0.60% |
Max Drawdown (3Y)Largest decline over 3 years | -21.59% | -23.31% | +1.72% |
Max Drawdown (5Y)Largest decline over 5 years | -21.59% | -23.31% | +1.72% |
Max Drawdown (10Y)Largest decline over 10 years | -33.63% | — | — |
Current DrawdownCurrent decline from peak | -0.31% | -0.21% | -0.10% |
Average DrawdownAverage peak-to-trough decline | -4.25% | -7.03% | +2.78% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.63% | 1.93% | -0.30% |
Volatility
IWDA.AS vs. WSML.L - Volatility Comparison
The current volatility for iShares Core MSCI World UCITS ETF USD (Acc) (IWDA.AS) is 2.79%, while iShares MSCI World Small Cap UCITS ETF USD (Acc) (WSML.L) has a volatility of 3.93%. This indicates that IWDA.AS experiences smaller price fluctuations and is considered to be less risky than WSML.L based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| IWDA.AS | WSML.L | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 2.79% | 3.93% | -1.14% |
Volatility (6M)Calculated over the trailing 6-month period | 7.61% | 10.77% | -3.16% |
Volatility (1Y)Calculated over the trailing 1-year period | 10.96% | 14.55% | -3.59% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 14.08% | 17.46% | -3.38% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 15.00% | 18.92% | -3.92% |
IWDA.AS vs. WSML.L - Expense Ratio Comparison
IWDA.AS has a 0.20% expense ratio, which is lower than WSML.L's 0.35% expense ratio.
Dividends
IWDA.AS vs. WSML.L - Dividend Comparison
Neither IWDA.AS nor WSML.L has paid dividends to shareholders.
Frequently Asked Questions
IWDA.AS and WSML.L have a correlation of 0.78, 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 0.35% for WSML.L.
IWDA.AS tracks MSCI ACWI NR USD, while WSML.L tracks MSCI World Small Cap Index. Their fees differ too: 0.20% for IWDA.AS and 0.35% for WSML.L.
Find the right allocation for IWDA.AS and WSML.L
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