IWDA.L vs. WENS.L
IWDA.L (iShares Core MSCI World UCITS ETF USD (Acc)) and WENS.L (iShares MSCI World Energy Sector UCITS ETF USD (Dist)) are both exchange-traded funds - IWDA.L is a Global Equities fund tracking the MSCI World Index (Net), while WENS.L is a Energy Equities fund tracking the MSCI World/Energy NR USD. Both are passively managed. Over the past 3 years, IWDA.L returned 20.77%/yr vs 16.80%/yr for WENS.L. At a 0.27 correlation, their price movements are largely independent. IWDA.L charges 0.20%/yr vs 0.25%/yr for WENS.L.
Performance
IWDA.L vs. WENS.L - Performance Comparison
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Different Trading Currencies
IWDA.L is traded in USD, while WENS.L is traded in GBP. To make them comparable, the WENS.L values have been converted to USD using the latest available exchange rates.
Returns By Period
In the year-to-date period, IWDA.L achieves a 9.83% return, which is significantly lower than WENS.L's 31.06% return.
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%
WENS.L
- 1D
- -0.38%
- 1M
- -1.47%
- YTD
- 31.06%
- 6M
- 27.61%
- 1Y
- 42.63%
- 3Y*
- 16.80%
- 5Y*
- —
- 10Y*
- —
IWDA.L vs. WENS.L - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | |
|---|---|---|---|---|---|
IWDA.L iShares Core MSCI World UCITS ETF USD (Acc) | 9.83% | 21.03% | 19.11% | 24.27% | 3.08% |
WENS.L iShares MSCI World Energy Sector UCITS ETF USD (Dist) | 31.06% | 11.03% | 0.39% | 3.17% | 16.86% |
Correlation
The correlation between IWDA.L and WENS.L is -0.13, meaning they tend to move in opposite directions. This is especially valuable for risk management - when one declines, the other has historically tended to hold steady or rise.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | -0.13 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.19 |
Correlation (All Time) Calculated using the full available price history since Jul 1, 2022 | 0.27 |
The correlation between IWDA.L and WENS.L shifts across timeframes, from -0.13 (1 year) to 0.27 (all time), reflecting how their relationship changes across market environments.
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Return for Risk
IWDA.L vs. WENS.L — Risk / Return Rank
IWDA.L
WENS.L
IWDA.L vs. WENS.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 MSCI World Energy Sector UCITS ETF USD (Dist) (WENS.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 | WENS.L | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.11 | ||
| Sortino ratioReturn per unit of downside risk | +0.64 | ||
| Omega ratioGain probability vs. loss probability | 1.40 | 1.36 | +0.03 |
| Calmar ratioReturn relative to maximum drawdown | 3.11 | 3.39 | -0.27 |
| Martin ratioReturn relative to average drawdown | 13.16 | 11.47 | +1.69 |
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 | WENS.L | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 2.17 | 2.06 | +0.11 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.76 | — | — |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.82 | — | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.79 | 0.69 | +0.10 |
Drawdowns
IWDA.L vs. WENS.L - Drawdown Comparison
The maximum IWDA.L drawdown since its inception was -34.11%, which is greater than WENS.L's maximum drawdown of -20.04%. Use the drawdown chart below to compare losses from any high point for IWDA.L and WENS.L.
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Drawdown Indicators
| IWDA.L | WENS.L | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -34.11% | -20.04% | -14.07% |
Max Drawdown (1Y)Largest decline over 1 year | -8.31% | -12.53% | +4.22% |
Max Drawdown (3Y)Largest decline over 3 years | -16.94% | -20.04% | +3.10% |
Max Drawdown (5Y)Largest decline over 5 years | -25.88% | — | — |
Max Drawdown (10Y)Largest decline over 10 years | -34.11% | — | — |
Current DrawdownCurrent decline from peak | -0.43% | -5.96% | +5.53% |
Average DrawdownAverage peak-to-trough decline | -4.44% | -5.44% | +1.00% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.97% | 3.71% | -1.74% |
Volatility
IWDA.L vs. WENS.L - Volatility Comparison
The current volatility for iShares Core MSCI World UCITS ETF USD (Acc) (IWDA.L) is 3.40%, while iShares MSCI World Energy Sector UCITS ETF USD (Dist) (WENS.L) has a volatility of 7.63%. This indicates that IWDA.L experiences smaller price fluctuations and is considered to be less risky than WENS.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 | WENS.L | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 3.40% | 7.63% | -4.23% |
Volatility (6M)Calculated over the trailing 6-month period | 9.19% | 17.84% | -8.65% |
Volatility (1Y)Calculated over the trailing 1-year period | 11.93% | 20.64% | -8.71% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 15.68% | 22.39% | -6.71% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 15.91% | 22.39% | -6.48% |
IWDA.L vs. WENS.L - Expense Ratio Comparison
IWDA.L has a 0.20% expense ratio, which is lower than WENS.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. WENS.L - Dividend Comparison
Neither IWDA.L nor WENS.L has paid dividends to shareholders.
| Position | TTM | 2025 | 2024 | 2023 | 2022 |
|---|---|---|---|---|---|
IWDA.L iShares Core MSCI World UCITS ETF USD (Acc) | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
WENS.L iShares MSCI World Energy Sector UCITS ETF USD (Dist) | 0.00% | 0.00% | 1.75% | 3.61% | 1.77% |
Frequently Asked Questions
IWDA.L and WENS.L have a correlation of -0.13, 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 WENS.L.
IWDA.L is categorized as Global Equities, while WENS.L is Energy Equities. IWDA.L tracks MSCI World Index (Net), while WENS.L tracks MSCI World/Energy NR USD. Their fees differ too: 0.20% for IWDA.L and 0.25% for WENS.L.
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