IWQU.L vs. DSTX

Last updated Jun 5, 2026

IWQU.L (iShares MSCI World Quality Factor UCITS) and DSTX (Distillate International Fundamental Stability & Value ETF) are both exchange-traded funds - IWQU.L is a Global Equities fund tracking the MSCI ACWI NR USD, while DSTX is a Foreign Large Cap Equities fund tracking the Distillate Fundamental Stability & Value Index. Both are passively managed. Over the past 5 years, IWQU.L returned 10.34%/yr vs 6.23%/yr for DSTX. A 0.61 correlation means they provide meaningful diversification when combined. IWQU.L charges 0.30%/yr vs 0.55%/yr for DSTX.

Performance

IWQU.L vs. DSTX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in iShares MSCI World Quality Factor UCITS (IWQU.L) and Distillate International Fundamental Stability & Value ETF (DSTX). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, IWQU.L achieves a 8.47% return, which is significantly higher than DSTX's 4.74% return.

IWQU.L

• 1D: 0.85%
• 1M: 1.95%
• YTD: 8.47%
• 6M: 9.52%
• 1Y: 20.74%
• 3Y*: 18.41%
• 5Y*: 10.34%
• 10Y*: 12.42%

DSTX

• 1D: -2.80%
• 1M: -3.62%
• YTD: 4.74%
• 6M: 6.73%
• 1Y: 24.26%
• 3Y*: 15.90%
• 5Y*: 6.23%
• 10Y*: —

*Multi-year figures are annualized to reflect compound growth (CAGR)

IWQU.L vs. DSTX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020
IWQU.L iShares MSCI World Quality Factor UCITS	8.47%	15.28%	17.38%	25.66%	-19.26%	23.70%	2.03%
DSTX Distillate International Fundamental Stability & Value ETF	4.74%	41.71%	-0.44%	20.03%	-18.85%	1.78%	2.03%

Correlation

The correlation between IWQU.L and DSTX is 0.54, 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	0.54
Correlation (3Y) Calculated over the trailing 3-year period	0.60
Correlation (5Y) Calculated over the trailing 5-year period	0.62
Correlation (All Time) Calculated using the full available price history since Dec 16, 2020	0.61

The correlation between IWQU.L and DSTX has been stable across timeframes, ranging from 0.54 to 0.62 - a consistent structural relationship.

IWQU.L vs. DSTX - Sectors Allocation Comparison

Sectors	IWQU.L	DSTX
Technology	31.6%	19.8%
Financial Services	13.9%	4.2%
Industrials	10.6%	15.2%
Healthcare	9.4%	8.5%
Consumer Cyclical	8.9%	13.8%
Communication Services	8.6%	7.2%
Consumer Defensive	5.1%	8.3%
Energy	4.2%	4.7%
Basic Materials	3.2%	14.4%
Utilities	2.5%	-
Real Estate	1.7%	-

Return for Risk

IWQU.L vs. DSTX — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

IWQU.L

IWQU.L Risk / Return Rank: 56
IWQU.L Sharpe Ratio Rank: 54
IWQU.L Sortino Ratio Rank: 61
IWQU.L Omega Ratio Rank: 55
IWQU.L Calmar Ratio Rank: 50
IWQU.L Martin Ratio Rank: 58

DSTX

DSTX Risk / Return Rank: 45
DSTX Sharpe Ratio Rank: 47
DSTX Sortino Ratio Rank: 44
DSTX Omega Ratio Rank: 46
DSTX Calmar Ratio Rank: 42
DSTX Martin Ratio Rank: 46

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.

IWQU.L vs. DSTX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for iShares MSCI World Quality Factor UCITS (IWQU.L) and Distillate International Fundamental Stability & Value ETF (DSTX). 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.

	IWQU.L	DSTX	Difference
Sharpe ratio: Return per unit of total volatility	1.83	1.53	+0.30
Sortino ratio: Return per unit of downside risk	2.83	2.09	+0.73
Omega ratio: Gain probability vs. loss probability	1.33	1.28	+0.06
Calmar ratio: Return relative to maximum drawdown	2.45	1.95	+0.50
Martin ratio: Return relative to average drawdown	10.14	7.06	+3.08
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

IWQU.L vs. DSTX - Sharpe Ratio Comparison

The current IWQU.L Sharpe Ratio is 1.83, which is comparable to the DSTX Sharpe Ratio of 1.53. The chart below compares the historical Sharpe Ratios of IWQU.L and DSTX, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Sharpe Ratios by Period

	IWQU.L	DSTX	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	1.83	1.53	+0.30
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.67	0.37	+0.30
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.80	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.79	0.45	+0.34

Drawdowns

IWQU.L vs. DSTX - Drawdown Comparison

The maximum IWQU.L drawdown since its inception was -33.05%, roughly equal to the maximum DSTX drawdown of -33.67%. Use the drawdown chart below to compare losses from any high point for IWQU.L and DSTX.

Drawdown Indicators

	IWQU.L	DSTX	Difference
Max Drawdown Largest peak-to-trough decline	-33.05%	-33.67%	+0.62%
Max Drawdown (1Y) Largest decline over 1 year	-8.53%	-12.48%	+3.95%
Max Drawdown (3Y) Largest decline over 3 years	-16.09%	-13.29%	-2.80%
Max Drawdown (5Y) Largest decline over 5 years	-27.70%	-33.67%	+5.97%
Max Drawdown (10Y) Largest decline over 10 years	-33.05%	—	—
Current Drawdown Current decline from peak	0.00%	-6.21%	+6.21%
Average Drawdown Average peak-to-trough decline	-4.69%	-8.97%	+4.28%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.07%	3.45%	-1.38%

Volatility

IWQU.L vs. DSTX - Volatility Comparison

The current volatility for iShares MSCI World Quality Factor UCITS (IWQU.L) is 3.18%, while Distillate International Fundamental Stability & Value ETF (DSTX) has a volatility of 5.01%. This indicates that IWQU.L experiences smaller price fluctuations and is considered to be less risky than DSTX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	IWQU.L	DSTX	Difference
Volatility (1M) Calculated over the trailing 1-month period	3.18%	5.01%	-1.83%
Volatility (6M) Calculated over the trailing 6-month period	8.91%	13.02%	-4.11%
Volatility (1Y) Calculated over the trailing 1-year period	11.45%	15.96%	-4.51%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	15.42%	17.09%	-1.67%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	15.81%	16.85%	-1.04%

IWQU.L vs. DSTX - Expense Ratio Comparison

IWQU.L has a 0.30% expense ratio, which is lower than DSTX's 0.55% expense ratio.

Dividends

IWQU.L vs. DSTX - Dividend Comparison

IWQU.L has not paid dividends to shareholders, while DSTX's dividend yield for the trailing twelve months is around 2.78%.

Position	TTM	2025	2024	2023	2022	2021	2020
DSTX Distillate International Fundamental Stability & Value ETF	2.78%	2.93%	2.41%	1.81%	3.68%	2.24%	0.07%
IWQU.L iShares MSCI World Quality Factor UCITS	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%

Frequently Asked Questions

Can I hold both IWQU.L and DSTX in my portfolio?

IWQU.L and DSTX have a correlation of 0.54, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, IWQU.L or DSTX?

On fees, IWQU.L is cheaper at 0.30% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, IWQU.L or DSTX?

IWQU.L is cheaper with a 0.30% expense ratio, compared with 0.55% for DSTX.

What is the main difference between IWQU.L and DSTX?

IWQU.L is categorized as Global Equities, while DSTX is Foreign Large Cap Equities. IWQU.L tracks MSCI ACWI NR USD, while DSTX tracks Distillate Fundamental Stability & Value Index. They also come from different issuers: iShares and Distillate Capital. Their fees differ too: 0.30% for IWQU.L and 0.55% for DSTX.