PortfoliosLab logoPortfoliosLab logo

Documentation

Upgrade your plan
IWDA.L vs. XDEV.L
Performance
Return for Risk
Drawdowns
Volatility
Dividends

IWDA.L vs. XDEV.L

Last updated Jun 5, 2026

IWDA.L (iShares Core MSCI World UCITS ETF USD (Acc)) and XDEV.L (Xtrackers MSCI World Value Factor UCITS ETF 1C) are both Global Equities funds - IWDA.L tracks the MSCI World Index (Net) while XDEV.L tracks the MSCI ACWI Value NR USD. Both are passively managed. Over the past 10 years, IWDA.L returned 13.07%/yr vs 12.62%/yr for XDEV.L. Their correlation of 0.82 suggests significant overlap in exposure. IWDA.L charges 0.20%/yr vs 0.25%/yr for XDEV.L.

Performance

IWDA.L vs. XDEV.L - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in iShares Core MSCI World UCITS ETF USD (Acc) (IWDA.L) and Xtrackers MSCI World Value Factor UCITS ETF 1C (XDEV.L). The values are adjusted to include any dividend payments, if applicable.

Loading charts...

Different Trading Currencies

IWDA.L is traded in USD, while XDEV.L is traded in GBp. To make them comparable, the XDEV.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 XDEV.L's 34.16% return. Both investments have delivered pretty close results over the past 10 years, with IWDA.L having a 13.07% annualized return and XDEV.L not far behind at 12.62%.

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%

XDEV.L

1D
-0.86%
1M
12.15%
YTD
34.16%
6M
38.41%
1Y
66.17%
3Y*
30.19%
5Y*
16.29%
10Y*
12.62%
*Multi-year figures are annualized to reflect compound growth (CAGR)

IWDA.L vs. XDEV.L - Yearly Performance Comparison

2026 (YTD)202520242023202220212020201920182017
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%
XDEV.L
Xtrackers MSCI World Value Factor UCITS ETF 1C		34.16%40.36%5.01%19.23%-9.79%20.57%-4.03%19.16%-14.37%22.56%

Correlation

The correlation between IWDA.L and XDEV.L is 0.77, 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

0.77

Correlation (3Y)
Calculated over the trailing 3-year period

0.76

Correlation (5Y)
Calculated over the trailing 5-year period

0.80

Correlation (10Y)
Calculated over the trailing 10-year period

0.81

Correlation (All Time)
Calculated using the full available price history since Oct 20, 2014

0.82

The correlation between IWDA.L and XDEV.L has been stable across timeframes, ranging from 0.76 to 0.82 - a consistent structural relationship.

IWDA.L vs. XDEV.L - Sectors Allocation Comparison

Sectors
IWDA.L
XDEV.L

Technology

32.9%
33.9%

Financial Services

14.9%
14.8%

Industrials

9.7%
11.4%

Communication Services

9.3%
7.5%

Consumer Cyclical

8.8%
7.9%

Healthcare

8.6%
8.8%

Consumer Defensive

4.8%
4.5%

Energy

3.9%
3.8%

Basic Materials

2.8%
3.0%

Utilities

2.4%
2.6%

Real Estate

1.2%
1.8%

Technology

IWDA.L
32.9%
XDEV.L
33.9%

Financial Services

IWDA.L
14.9%
XDEV.L
14.8%

Industrials

IWDA.L
9.7%
XDEV.L
11.4%

Communication Services

IWDA.L
9.3%
XDEV.L
7.5%

Consumer Cyclical

IWDA.L
8.8%
XDEV.L
7.9%

Healthcare

IWDA.L
8.6%
XDEV.L
8.8%

Consumer Defensive

IWDA.L
4.8%
XDEV.L
4.5%

Energy

IWDA.L
3.9%
XDEV.L
3.8%

Basic Materials

IWDA.L
2.8%
XDEV.L
3.0%

Utilities

IWDA.L
2.4%
XDEV.L
2.6%

Real Estate

IWDA.L
1.2%
XDEV.L
1.8%

Compare stocks, funds, or ETFs

Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.

iShares Core MSCI World UCITS ETF USD (Acc)

Xtrackers MSCI World Value Factor UCITS ETF 1C

Often compared with IWDA.L:
IWDA.L vs. VWCE.DEIWDA.L vs. SWDA.LIWDA.L vs. VWRP.LIWDA.L vs. VUAA.LIWDA.L vs. URTHIWDA.L vs. ACWI.LIWDA.L vs. SPY
Often compared with XDEV.L:
XDEV.L vs. XDEM.LXDEV.L vs. VWCE.DEXDEV.L vs. XDEQ.LXDEV.L vs. JPGL.LXDEV.L vs. IWVG.LXDEV.L vs. NASL.LXDEV.L vs. FRXT.L

Return for Risk

IWDA.L vs. XDEV.L — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.
IWDA.L
IWDA.L Risk / Return Rank: 6868
Overall Rank
IWDA.L Sharpe Ratio Rank: 6767
Sharpe Ratio Rank
IWDA.L Sortino Ratio Rank: 7373
Sortino Ratio Rank
IWDA.L Omega Ratio Rank: 6767
Omega Ratio Rank
IWDA.L Calmar Ratio Rank: 6464
Calmar Ratio Rank
IWDA.L Martin Ratio Rank: 7272
Martin Ratio Rank
XDEV.L
XDEV.L Risk / Return Rank: 9797
Overall Rank
XDEV.L Sharpe Ratio Rank: 9898
Sharpe Ratio Rank
XDEV.L Sortino Ratio Rank: 9898
Sortino Ratio Rank
XDEV.L Omega Ratio Rank: 9797
Omega Ratio Rank
XDEV.L Calmar Ratio Rank: 9696
Calmar Ratio Rank
XDEV.L Martin Ratio Rank: 9696
Martin Ratio Rank
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.L vs. XDEV.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 Xtrackers MSCI World Value Factor UCITS ETF 1C (XDEV.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.LXDEV.LDifference
Sharpe ratioReturn per unit of total volatility
2.17
4.46

-2.29

Sortino ratioReturn per unit of downside risk
3.26
6.08

-2.83

Omega ratioGain probability vs. loss probability

1.40

1.81

-0.41

Calmar ratioReturn relative to maximum drawdown

3.11

7.54

-4.43

Martin ratioReturn relative to average drawdown

13.16

29.47

-16.31

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.L vs. XDEV.L - Sharpe Ratio Comparison

The current IWDA.L Sharpe Ratio is 2.17, which is lower than the XDEV.L Sharpe Ratio of 4.46. The chart below compares the historical Sharpe Ratios of IWDA.L and XDEV.L, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Loading charts...

Sharpe Ratios by Period

IWDA.LXDEV.LDifference

Sharpe Ratio (1Y)

Calculated over the trailing 1-year period

2.17

4.46

-2.29

Sharpe Ratio (5Y)

Calculated over the trailing 5-year period

0.76

1.04

-0.28

Sharpe Ratio (10Y)

Calculated over the trailing 10-year period

0.82

0.75

+0.07

Sharpe Ratio (All Time)

Calculated using the full available price history

0.79

0.68

+0.11

Drawdowns

IWDA.L vs. XDEV.L - Drawdown Comparison

The maximum IWDA.L drawdown since its inception was -34.11%, smaller than the maximum XDEV.L drawdown of -38.95%. Use the drawdown chart below to compare losses from any high point for IWDA.L and XDEV.L.

Loading charts...

Drawdown Indicators

IWDA.LXDEV.LDifference

Max Drawdown

Largest peak-to-trough decline

-34.11%

-38.95%

+4.84%

Max Drawdown (1Y)

Largest decline over 1 year

-8.31%

-8.73%

+0.42%

Max Drawdown (3Y)

Largest decline over 3 years

-16.94%

-14.69%

-2.25%

Max Drawdown (5Y)

Largest decline over 5 years

-25.88%

-26.72%

+0.84%

Max Drawdown (10Y)

Largest decline over 10 years

-34.11%

-38.95%

+4.84%

Current Drawdown

Current decline from peak

-0.43%

-0.86%

+0.43%

Average Drawdown

Average peak-to-trough decline

-4.44%

-7.12%

+2.68%

Ulcer Index

Depth and duration of drawdowns from previous peaks

1.97%

2.24%

-0.27%

Volatility

IWDA.L vs. XDEV.L - Volatility Comparison

The current volatility for iShares Core MSCI World UCITS ETF USD (Acc) (IWDA.L) is 3.40%, while Xtrackers MSCI World Value Factor UCITS ETF 1C (XDEV.L) has a volatility of 5.95%. This indicates that IWDA.L experiences smaller price fluctuations and is considered to be less risky than XDEV.L based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Loading charts...

Volatility by Period

IWDA.LXDEV.LDifference

Volatility (1M)

Calculated over the trailing 1-month period

3.40%

5.95%

-2.55%

Volatility (6M)

Calculated over the trailing 6-month period

9.19%

11.90%

-2.71%

Volatility (1Y)

Calculated over the trailing 1-year period

11.93%

14.78%

-2.85%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

15.68%

15.73%

-0.05%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

15.91%

16.72%

-0.81%

IWDA.L vs. XDEV.L - Expense Ratio Comparison

IWDA.L has a 0.20% expense ratio, which is lower than XDEV.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. XDEV.L - Dividend Comparison

Neither IWDA.L nor XDEV.L has paid dividends to shareholders.

Tickers have no history of dividend payments

Frequently Asked Questions

IWDA.L and XDEV.L have a correlation of 0.77, 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 XDEV.L.

IWDA.L tracks MSCI World Index (Net), while XDEV.L tracks MSCI ACWI Value NR USD. They also come from different issuers: iShares and DWS. Their fees differ too: 0.20% for IWDA.L and 0.25% for XDEV.L.

Portfolio Optimizer

Find the right allocation for IWDA.L and XDEV.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