IWMO.L vs. IDTP.L
IWMO.L (iShares Edge MSCI World Momentum Factor UCITS ETF USD (Acc)) and IDTP.L (iShares $ TIPS UCITS ETF USD (Acc)) are both exchange-traded funds - IWMO.L is a Momentum fund tracking the MSCI World Momentum Index, while IDTP.L is a Inflation-Protected Bonds fund tracking the Bloomberg Gbl Infl Linked US TIPS TR USD. Both are passively managed. Over the past 10 years, IWMO.L returned 15.81%/yr vs 2.53%/yr for IDTP.L. At a 0.04 correlation, their price movements are largely independent. IWMO.L charges 0.25%/yr vs 0.12%/yr for IDTP.L.
Performance
IWMO.L vs. IDTP.L - Performance Comparison
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Returns By Period
In the year-to-date period, IWMO.L achieves a 22.44% return, which is significantly higher than IDTP.L's 0.80% return. Over the past 10 years, IWMO.L has outperformed IDTP.L with an annualized return of 15.81%, while IDTP.L has yielded a comparatively lower 2.53% annualized return.
IWMO.L
- 1D
- 3.90%
- 1M
- 3.40%
- YTD
- 22.44%
- 6M
- 24.67%
- 1Y
- 35.46%
- 3Y*
- 28.94%
- 5Y*
- 13.75%
- 10Y*
- 15.81%
IDTP.L
- 1D
- 0.08%
- 1M
- -0.27%
- YTD
- 0.80%
- 6M
- 1.51%
- 1Y
- 5.00%
- 3Y*
- 3.89%
- 5Y*
- 0.81%
- 10Y*
- 2.53%
IWMO.L vs. IDTP.L - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
IWMO.L iShares Edge MSCI World Momentum Factor UCITS ETF USD (Acc) | 22.44% | 21.04% | 30.50% | 11.96% | -17.97% | 14.13% | 28.58% | 27.14% | -3.85% | 32.09% |
IDTP.L iShares $ TIPS UCITS ETF USD (Acc) | 0.80% | 6.94% | 2.15% | 3.71% | -12.76% | 6.17% | 10.98% | 8.68% | -1.43% | 3.28% |
Correlation
The correlation between IWMO.L and IDTP.L is 0.17, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.17 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.13 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.12 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.09 |
Correlation (All Time) Calculated using the full available price history since Oct 6, 2014 | 0.04 |
The correlation between IWMO.L and IDTP.L shifts across timeframes, from 0.04 (all time) to 0.17 (1 year), reflecting how their relationship changes across market environments.
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Return for Risk
IWMO.L vs. IDTP.L — Risk / Return Rank
IWMO.L
IDTP.L
IWMO.L vs. IDTP.L - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for iShares Edge MSCI World Momentum Factor UCITS ETF USD (Acc) (IWMO.L) and iShares $ TIPS UCITS ETF USD (Acc) (IDTP.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.
| IWMO.L | IDTP.L | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.63 | ||
| Sortino ratioReturn per unit of downside risk | +1.01 | ||
| Omega ratioGain probability vs. loss probability | 1.34 | 1.21 | +0.13 |
| Calmar ratioReturn relative to maximum drawdown | 3.01 | 2.37 | +0.63 |
| Martin ratioReturn relative to average drawdown | 12.88 | 6.53 | +6.35 |
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Drawdowns
IWMO.L vs. IDTP.L - Drawdown Comparison
The maximum IWMO.L drawdown since its inception was -31.52%, smaller than the maximum IDTP.L drawdown of -39.19%. Use the drawdown chart below to compare losses from any high point for IWMO.L and IDTP.L.
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Drawdown Indicators
| IWMO.L | IDTP.L | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -31.52% | -39.19% | +7.67% |
Max Drawdown (1Y)Largest decline over 1 year | -11.61% | -1.92% | -9.69% |
Max Drawdown (3Y)Largest decline over 3 years | -19.40% | -4.51% | -14.89% |
Max Drawdown (5Y)Largest decline over 5 years | -29.63% | -15.12% | -14.51% |
Max Drawdown (10Y)Largest decline over 10 years | -31.52% | -15.12% | -16.40% |
Current DrawdownCurrent decline from peak | -0.33% | -0.90% | +0.57% |
Average DrawdownAverage peak-to-trough decline | -6.02% | -4.24% | -1.78% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.71% | 0.70% | +2.01% |
Volatility
IWMO.L vs. IDTP.L - Volatility Comparison
iShares Edge MSCI World Momentum Factor UCITS ETF USD (Acc) (IWMO.L) has a higher volatility of 7.50% compared to iShares $ TIPS UCITS ETF USD (Acc) (IDTP.L) at 1.32%. This indicates that IWMO.L's price experiences larger fluctuations and is considered to be riskier than IDTP.L based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| IWMO.L | IDTP.L | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 7.50% | 1.32% | +6.18% |
Volatility (6M)Calculated over the trailing 6-month period | 16.67% | 2.66% | +14.01% |
Volatility (1Y)Calculated over the trailing 1-year period | 18.90% | 3.78% | +15.12% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 18.64% | 6.13% | +12.51% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 18.07% | 6.37% | +11.70% |
IWMO.L vs. IDTP.L - Expense Ratio Comparison
IWMO.L has a 0.25% expense ratio, which is higher than IDTP.L's 0.12% expense ratio. However, both funds are considered low-cost compared to the broader market, where average expense ratios usually range from 0.3% to 0.9%.
Dividends
IWMO.L vs. IDTP.L - Dividend Comparison
Neither IWMO.L nor IDTP.L has paid dividends to shareholders.
Frequently Asked Questions
IWMO.L and IDTP.L have a correlation of 0.17, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, IDTP.L is cheaper at 0.12% per year. The better choice depends on whether you care most about return, fees, risk, or income.
IDTP.L is cheaper with a 0.12% expense ratio, compared with 0.25% for IWMO.L.
IWMO.L is categorized as Momentum, while IDTP.L is Inflation-Protected Bonds. IWMO.L tracks MSCI World Momentum Index, while IDTP.L tracks Bloomberg Gbl Infl Linked US TIPS TR USD. Their fees differ too: 0.25% for IWMO.L and 0.12% for IDTP.L.
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