IWDE.L vs. QUID.L
IWDE.L (iShares MSCI World EUR Hedged UCITS ETF (Acc)) and QUID.L (PIMCO Sterling Short Maturity UCITS ETF GBP (Dist)) are both exchange-traded funds - IWDE.L is a Global Equities fund tracking the MSCI World 100% Hedged to EUR Index, while QUID.L is a Ultrashort Bond fund actively managed by PIMCO. IWDE.L is passively managed, while QUID.L is actively managed. Over the past 10 years, IWDE.L returned 10.98%/yr vs 1.87%/yr for QUID.L. At a 0.09 correlation, their price movements are largely independent. IWDE.L charges 0.55%/yr vs 0.19%/yr for QUID.L.
Performance
IWDE.L vs. QUID.L - Performance Comparison
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Different Trading Currencies
IWDE.L is traded in EUR, while QUID.L is traded in GBP. To make them comparable, the QUID.L values have been converted to EUR using the latest available exchange rates.
Returns By Period
In the year-to-date period, IWDE.L achieves a 8.42% return, which is significantly higher than QUID.L's 4.77% return. Over the past 10 years, IWDE.L has outperformed QUID.L with an annualized return of 10.98%, while QUID.L has yielded a comparatively lower 1.87% annualized return.
IWDE.L
- 1D
- -1.10%
- 1M
- -0.65%
- 6M
- 6.62%
- YTD
- 8.42%
- 1Y
- 18.59%
- 3Y*
- 16.55%
- 5Y*
- 9.98%
- 10Y*
- 10.98%
QUID.L
- 1D
- -0.20%
- 1M
- 2.08%
- 6M
- 3.81%
- YTD
- 4.77%
- 1Y
- 5.93%
- 3Y*
- 5.52%
- 5Y*
- 3.45%
- 10Y*
- 1.87%
IWDE.L vs. QUID.L - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
IWDE.L iShares MSCI World EUR Hedged UCITS ETF (Acc) | 8.42% | 16.39% | 19.76% | 21.13% | -18.36% | 23.42% | 11.49% | 23.65% | -10.06% | 16.85% |
QUID.L PIMCO Sterling Short Maturity UCITS ETF GBP (Dist) | 4.77% | -0.59% | 10.77% | 7.18% | -6.07% | 6.43% | -4.76% | 8.03% | -0.98% | -3.44% |
Correlation
The correlation between IWDE.L and QUID.L is 0.13, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.13 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.14 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.13 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.11 |
Correlation (All Time) Calculated using the full available price history since Jun 10, 2011 | 0.09 |
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Return for Risk
IWDE.L vs. QUID.L — Risk / Return Rank
IWDE.L
QUID.L
IWDE.L vs. QUID.L - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for iShares MSCI World EUR Hedged UCITS ETF (Acc) (IWDE.L) and PIMCO Sterling Short Maturity UCITS ETF GBP (Dist) (QUID.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.
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.
| IWDE.L | QUID.L | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.11 | ||
| Sortino ratioReturn per unit of downside risk | +0.20 | ||
| Omega ratioGain probability vs. loss probability | 1.29 | 1.28 | +0.01 |
| Calmar ratioReturn relative to maximum drawdown | 2.37 | 4.06 | -1.69 |
| Martin ratioReturn relative to average drawdown | 9.88 | 10.46 | -0.58 |
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Drawdowns
IWDE.L vs. QUID.L - Drawdown Comparison
The maximum IWDE.L drawdown since its inception was -33.32%, which is greater than QUID.L's maximum drawdown of -23.76%. Use the drawdown chart below to compare losses from any high point for IWDE.L and QUID.L.
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Drawdown Indicators
| IWDE.L | QUID.L | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -33.32% | -23.76% | -9.56% |
Max Drawdown (1Y)Largest decline over 1 year | -7.82% | -1.45% | -6.37% |
Max Drawdown (3Y)Largest decline over 3 years | -17.50% | -4.79% | -12.71% |
Max Drawdown (5Y)Largest decline over 5 years | -23.72% | -9.15% | -14.57% |
Max Drawdown (10Y)Largest decline over 10 years | -33.32% | -12.57% | -20.75% |
Current DrawdownCurrent decline from peak | -1.10% | -0.46% | -0.64% |
Average DrawdownAverage peak-to-trough decline | -4.50% | -10.92% | +6.42% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.88% | 0.57% | +1.31% |
Volatility
IWDE.L vs. QUID.L - Volatility Comparison
iShares MSCI World EUR Hedged UCITS ETF (Acc) (IWDE.L) has a higher volatility of 2.86% compared to PIMCO Sterling Short Maturity UCITS ETF GBP (Dist) (QUID.L) at 1.11%. This indicates that IWDE.L's price experiences larger fluctuations and is considered to be riskier than QUID.L based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| IWDE.L | QUID.L | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 2.86% | 1.11% | +1.75% |
Volatility (6M)Calculated over the trailing 6-month period | 9.24% | 2.67% | +6.57% |
Volatility (1Y)Calculated over the trailing 1-year period | 11.73% | 4.04% | +7.69% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 14.91% | 5.54% | +9.37% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 15.27% | 6.76% | +8.51% |
IWDE.L vs. QUID.L - Expense Ratio Comparison
IWDE.L has a 0.55% expense ratio, which is higher than QUID.L's 0.19% expense ratio.
Dividends
IWDE.L vs. QUID.L - Dividend Comparison
IWDE.L has not paid dividends to shareholders, while QUID.L's dividend yield for the trailing twelve months is around 3.84%.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
IWDE.L iShares MSCI World EUR Hedged UCITS ETF (Acc) | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
QUID.L PIMCO Sterling Short Maturity UCITS ETF GBP (Dist) | 3.84% | 4.19% | 4.67% | 3.69% | 0.66% | 0.08% | 0.31% | 0.73% | 0.52% | 0.33% | 0.59% | 0.55% |
Frequently Asked Questions
IWDE.L and QUID.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, QUID.L is cheaper at 0.19% per year. The better choice depends on whether you care most about return, fees, risk, or income.
QUID.L is cheaper with a 0.19% expense ratio, compared with 0.55% for IWDE.L.
IWDE.L is categorized as Global Equities, while QUID.L is Ultrashort Bond. They also come from different issuers: iShares and PIMCO. Their fees differ too: 0.55% for IWDE.L and 0.19% for QUID.L.
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