IWDA.L vs. IGLN.L
IWDA.L (iShares Core MSCI World UCITS ETF USD (Acc)) and IGLN.L (iShares Physical Gold ETC) are both exchange-traded funds - IWDA.L is a Global Equities fund tracking the MSCI World Index (Net), while IGLN.L is a Gold fund tracking the LBMA Gold Price. Both are passively managed. Over the past 10 years, IWDA.L returned 13.07%/yr vs 13.42%/yr for IGLN.L. At a 0.09 correlation, their price movements are largely independent. IWDA.L charges 0.20%/yr vs 0.25%/yr for IGLN.L.
Performance
IWDA.L vs. IGLN.L - Performance Comparison
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Returns By Period
In the year-to-date period, IWDA.L achieves a 9.83% return, which is significantly higher than IGLN.L's 3.70% return. Both investments have delivered pretty close results over the past 10 years, with IWDA.L having a 13.07% annualized return and IGLN.L not far ahead at 13.42%.
IWDA.L
- 1D
- 0.10%
- 1M
- 4.07%
- YTD
- 9.83%
- 6M
- 10.98%
- 1Y
- 25.98%
- 3Y*
- 20.77%
- 5Y*
- 11.86%
- 10Y*
- 13.07%
IGLN.L
- 1D
- 0.68%
- 1M
- -2.35%
- YTD
- 3.70%
- 6M
- 6.03%
- 1Y
- 32.37%
- 3Y*
- 31.55%
- 5Y*
- 18.61%
- 10Y*
- 13.42%
IWDA.L vs. IGLN.L - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
IWDA.L iShares Core MSCI World UCITS ETF USD (Acc) | 9.83% | 21.03% | 19.11% | 24.27% | -18.11% | 22.19% | 16.06% | 27.13% | -9.01% | 22.77% |
IGLN.L iShares Physical Gold ETC | 3.70% | 64.92% | 26.14% | 13.44% | -0.09% | -4.03% | 24.16% | 18.28% | -1.31% | 11.67% |
Correlation
The correlation between IWDA.L and IGLN.L is 0.33, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.33 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.24 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.22 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.12 |
Correlation (All Time) Calculated using the full available price history since Apr 13, 2011 | 0.09 |
Over the past year, IWDA.L and IGLN.L have become more correlated (0.33) than their long-term average of 0.09, meaning their price movements have been converging.
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Return for Risk
IWDA.L vs. IGLN.L — Risk / Return Rank
IWDA.L
IGLN.L
IWDA.L vs. IGLN.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.L) and iShares Physical Gold ETC (IGLN.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.L | IGLN.L | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.87 | ||
| Sortino ratioReturn per unit of downside risk | +1.52 | ||
| Omega ratioGain probability vs. loss probability | 1.40 | 1.25 | +0.15 |
| Calmar ratioReturn relative to maximum drawdown | 3.11 | 1.86 | +1.26 |
| Martin ratioReturn relative to average drawdown | 13.16 | 4.79 | +8.37 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| IWDA.L | IGLN.L | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 2.17 | 1.30 | +0.87 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.76 | 1.07 | -0.32 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.82 | 0.86 | -0.04 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.79 | 0.46 | +0.34 |
Drawdowns
IWDA.L vs. IGLN.L - Drawdown Comparison
The maximum IWDA.L drawdown since its inception was -34.11%, smaller than the maximum IGLN.L drawdown of -45.24%. Use the drawdown chart below to compare losses from any high point for IWDA.L and IGLN.L.
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Drawdown Indicators
| IWDA.L | IGLN.L | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -34.11% | -45.24% | +11.13% |
Max Drawdown (1Y)Largest decline over 1 year | -8.31% | -17.36% | +9.05% |
Max Drawdown (3Y)Largest decline over 3 years | -16.94% | -17.36% | +0.42% |
Max Drawdown (5Y)Largest decline over 5 years | -25.88% | -21.15% | -4.73% |
Max Drawdown (10Y)Largest decline over 10 years | -34.11% | -21.15% | -12.96% |
Current DrawdownCurrent decline from peak | -0.43% | -15.66% | +15.23% |
Average DrawdownAverage peak-to-trough decline | -4.44% | -19.80% | +15.36% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.97% | 6.74% | -4.77% |
Volatility
IWDA.L vs. IGLN.L - Volatility Comparison
The current volatility for iShares Core MSCI World UCITS ETF USD (Acc) (IWDA.L) is 3.40%, while iShares Physical Gold ETC (IGLN.L) has a volatility of 6.36%. This indicates that IWDA.L experiences smaller price fluctuations and is considered to be less risky than IGLN.L based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| IWDA.L | IGLN.L | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 3.40% | 6.36% | -2.96% |
Volatility (6M)Calculated over the trailing 6-month period | 9.19% | 21.73% | -12.54% |
Volatility (1Y)Calculated over the trailing 1-year period | 11.93% | 24.78% | -12.85% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 15.68% | 17.36% | -1.68% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 15.91% | 15.54% | +0.37% |
IWDA.L vs. IGLN.L - Expense Ratio Comparison
IWDA.L has a 0.20% expense ratio, which is lower than IGLN.L's 0.25% 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.L vs. IGLN.L - Dividend Comparison
Neither IWDA.L nor IGLN.L has paid dividends to shareholders.
Frequently Asked Questions
IWDA.L and IGLN.L have a correlation of 0.33, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, IWDA.L is cheaper at 0.20% per year. The better choice depends on whether you care most about return, fees, risk, or income.
IWDA.L is cheaper with a 0.20% expense ratio, compared with 0.25% for IGLN.L.
IWDA.L is categorized as Global Equities, while IGLN.L is Gold. IWDA.L tracks MSCI World Index (Net), while IGLN.L tracks LBMA Gold Price. Their fees differ too: 0.20% for IWDA.L and 0.25% for IGLN.L.
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