IWLD.AX vs. CORE.AX
IWLD.AX (iShares Core MSCI World Ex Australia ESG ETF) and CORE.AX (Schroder Global Core Fund - Active ETF) are both Global Equities funds. IWLD.AX is passively managed, while CORE.AX is actively managed. Over the past year, IWLD.AX returned 13.37% vs 15.14% for CORE.AX. A 0.62 correlation means they provide meaningful diversification when combined.
Performance
IWLD.AX vs. CORE.AX - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, IWLD.AX achieves a 4.51% return, which is significantly lower than CORE.AX's 4.95% return.
IWLD.AX
- 1D
- 0.00%
- 1M
- 1.79%
- 6M
- 3.63%
- YTD
- 4.51%
- 1Y
- 13.37%
- 3Y*
- 17.73%
- 5Y*
- 13.29%
- 10Y*
- 14.11%
CORE.AX
- 1D
- -0.25%
- 1M
- 0.93%
- 6M
- 4.67%
- YTD
- 4.95%
- 1Y
- 15.14%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
IWLD.AX vs. CORE.AX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | |
|---|---|---|
IWLD.AX iShares Core MSCI World Ex Australia ESG ETF | 4.51% | 12.17% |
CORE.AX Schroder Global Core Fund - Active ETF | 4.95% | 12.78% |
Correlation
The correlation between IWLD.AX and CORE.AX is 0.64, 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 | 0.64 |
Correlation (All Time) Calculated using the full available price history since Jun 4, 2025 | 0.62 |
The correlation between IWLD.AX and CORE.AX has been stable across timeframes, ranging from 0.62 to 0.64 - 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
IWLD.AX vs. CORE.AX — Risk / Return Rank
IWLD.AX
CORE.AX
IWLD.AX vs. CORE.AX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for iShares Core MSCI World Ex Australia ESG ETF (IWLD.AX) and Schroder Global Core Fund - Active ETF (CORE.AX). 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.
| IWLD.AX | CORE.AX | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.11 | ||
| Sortino ratioReturn per unit of downside risk | -0.23 | ||
| Omega ratioGain probability vs. loss probability | 1.25 | 1.28 | -0.04 |
| Calmar ratioReturn relative to maximum drawdown | 1.10 | 1.68 | -0.58 |
| Martin ratioReturn relative to average drawdown | 3.25 | 4.54 | -1.29 |
Loading charts...
Drawdowns
IWLD.AX vs. CORE.AX - Drawdown Comparison
The maximum IWLD.AX drawdown since its inception was -24.85%, which is greater than CORE.AX's maximum drawdown of -10.20%. Use the drawdown chart below to compare losses from any high point for IWLD.AX and CORE.AX.
Loading charts...
Drawdown Indicators
| IWLD.AX | CORE.AX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -24.85% | -10.20% | -14.65% |
Max Drawdown (1Y)Largest decline over 1 year | -12.19% | -10.20% | -1.99% |
Max Drawdown (3Y)Largest decline over 3 years | -15.95% | — | — |
Max Drawdown (5Y)Largest decline over 5 years | -23.34% | — | — |
Max Drawdown (10Y)Largest decline over 10 years | -24.85% | — | — |
Current DrawdownCurrent decline from peak | -0.42% | -1.34% | +0.92% |
Average DrawdownAverage peak-to-trough decline | -4.49% | -2.60% | -1.89% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 4.21% | — | — |
Volatility
IWLD.AX vs. CORE.AX - Volatility Comparison
iShares Core MSCI World Ex Australia ESG ETF (IWLD.AX) has a higher volatility of 2.31% compared to Schroder Global Core Fund - Active ETF (CORE.AX) at 2.12%. This indicates that IWLD.AX's price experiences larger fluctuations and is considered to be riskier than CORE.AX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| IWLD.AX | CORE.AX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 2.31% | 2.12% | +0.19% |
Volatility (6M)Calculated over the trailing 6-month period | 8.39% | 7.39% | +1.00% |
Volatility (1Y)Calculated over the trailing 1-year period | 10.62% | 12.44% | -1.82% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 13.77% | 12.50% | +1.27% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 13.87% | 12.50% | +1.37% |
Dividends
IWLD.AX vs. CORE.AX - Dividend Comparison
IWLD.AX's dividend yield for the trailing twelve months is around 0.93%, more than CORE.AX's 0.68% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 |
|---|---|---|---|---|---|---|---|---|---|---|
CORE.AX Schroder Global Core Fund - Active ETF | 0.68% | 0.55% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
IWLD.AX iShares Core MSCI World Ex Australia ESG ETF | 0.93% | 1.21% | 1.15% | 2.36% | 0.77% | 13.52% | 2.08% | 3.20% | 2.52% | 1.41% |
Frequently Asked Questions
IWLD.AX and CORE.AX have a correlation of 0.64, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
They also come from different issuers: iShares and Schroder.
Find the right allocation for IWLD.AX and CORE.AX
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