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IWRD.L vs. PRWU.L
Performance
Return for Risk
Drawdowns
Volatility
Dividends

IWRD.L vs. PRWU.L

Last updated Jun 5, 2026

IWRD.L (iShares MSCI World UCITS) and PRWU.L (Amundi Prime Global UCITS ETF DR (C)) are both Global Equities funds tracking the MSCI ACWI NR USD, from iShares and Amundi respectively. Both are passively managed. A 0.64 correlation means they provide meaningful diversification when combined. IWRD.L charges 0.50%/yr vs 0.05%/yr for PRWU.L.

Performance

IWRD.L vs. PRWU.L - Performance Comparison

The chart below illustrates the hypothetical performance of a £10,000 investment in iShares MSCI World UCITS (IWRD.L) and Amundi Prime Global UCITS ETF DR (C) (PRWU.L). The values are adjusted to include any dividend payments, if applicable.

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Different Trading Currencies

IWRD.L is traded in GBp, while PRWU.L is traded in USD. To make them comparable, the PRWU.L values have been converted to GBp using the latest available exchange rates.

Returns By Period

IWRD.L

1D
0.10%
1M
5.04%
YTD
9.97%
6M
10.17%
1Y
26.86%
3Y*
17.32%
5Y*
12.72%
10Y*
13.59%

PRWU.L

1D
—
1M
—
YTD
—
6M
—
1Y
—
3Y*
—
5Y*
—
10Y*
—
*Multi-year figures are annualized to reflect compound growth (CAGR)

IWRD.L vs. PRWU.L - Yearly Performance Comparison

2026 (YTD)2025202420232022
IWRD.L
iShares MSCI World UCITS		9.97%12.34%20.62%17.33%1.77%
PRWU.L
Amundi Prime Global UCITS ETF DR (C)		0.00%0.00%20.63%18.25%1.23%

Correlation

The correlation between IWRD.L and PRWU.L 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 (3Y)
Calculated over the trailing 3-year period

0.58

Correlation (All Time)
Calculated using the full available price history since Jul 14, 2022

0.64

The correlation between IWRD.L and PRWU.L has been stable across timeframes, ranging from 0.58 to 0.64 - a consistent structural relationship.

IWRD.L vs. PRWU.L - Sectors Allocation Comparison

Sectors
IWRD.L
PRWU.L

Technology

30.0%
27.0%

Financial Services

15.4%
15.8%

Industrials

10.8%
9.9%

Communication Services

9.2%
8.1%

Consumer Cyclical

9.0%
10.5%

Healthcare

8.7%
10.7%

Consumer Defensive

5.3%
6.1%

Energy

4.2%
4.0%

Basic Materials

3.2%
3.2%

Utilities

2.5%
2.7%

Real Estate

1.8%
2.1%

Technology

IWRD.L
30.0%
PRWU.L
27.0%

Financial Services

IWRD.L
15.4%
PRWU.L
15.8%

Industrials

IWRD.L
10.8%
PRWU.L
9.9%

Communication Services

IWRD.L
9.2%
PRWU.L
8.1%

Consumer Cyclical

IWRD.L
9.0%
PRWU.L
10.5%

Healthcare

IWRD.L
8.7%
PRWU.L
10.7%

Consumer Defensive

IWRD.L
5.3%
PRWU.L
6.1%

Energy

IWRD.L
4.2%
PRWU.L
4.0%

Basic Materials

IWRD.L
3.2%
PRWU.L
3.2%

Utilities

IWRD.L
2.5%
PRWU.L
2.7%

Real Estate

IWRD.L
1.8%
PRWU.L
2.1%

Compare stocks, funds, or ETFs

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iShares MSCI World UCITS

Amundi Prime Global UCITS ETF DR (C)

Often compared with IWRD.L:
IWRD.L vs. SWRD.ASIWRD.L vs. URTHIWRD.L vs. VWRL.LIWRD.L vs. HMWO.LIWRD.L vs. ACNIWRD.L vs. VTIWRD.L vs. DEM.L
Often compared with PRWU.L:
PRWU.L vs. SPYI.DEPRWU.L vs. VWRA.LPRWU.L vs. SWDA.LPRWU.L vs. LILMPRWU.L vs. CSPX.LPRWU.L vs. SWRD.LPRWU.L vs. VT

Return for Risk

IWRD.L vs. PRWU.L — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.
IWRD.L
IWRD.L Risk / Return Rank: 8181
Overall Rank
IWRD.L Sharpe Ratio Rank: 8181
Sharpe Ratio Rank
IWRD.L Sortino Ratio Rank: 8181
Sortino Ratio Rank
IWRD.L Omega Ratio Rank: 8383
Omega Ratio Rank
IWRD.L Calmar Ratio Rank: 8080
Calmar Ratio Rank
IWRD.L Martin Ratio Rank: 8282
Martin Ratio Rank
PRWU.L
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.

IWRD.L vs. PRWU.L - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for iShares MSCI World UCITS (IWRD.L) and Amundi Prime Global UCITS ETF DR (C) (PRWU.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.

IWRD.LPRWU.LDifference
Sharpe ratioReturn per unit of total volatility
2.60

—

—

Sortino ratioReturn per unit of downside risk
3.57

—

—

Omega ratioGain probability vs. loss probability

1.50

—

—

Calmar ratioReturn relative to maximum drawdown

4.07

—

—

Martin ratioReturn relative to average drawdown

16.12

—

—

Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

IWRD.L vs. PRWU.L - Sharpe Ratio Comparison

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Sharpe Ratios by Period

IWRD.LPRWU.LDifference

Sharpe Ratio (1Y)

Calculated over the trailing 1-year period

2.60

—

—

Sharpe Ratio (5Y)

Calculated over the trailing 5-year period

0.96

—

—

Sharpe Ratio (10Y)

Calculated over the trailing 10-year period

0.94

—

—

Sharpe Ratio (All Time)

Calculated using the full available price history

0.56

—

—

Drawdowns

IWRD.L vs. PRWU.L - Drawdown Comparison

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Drawdown Indicators

IWRD.LPRWU.LDifference

Max Drawdown

Largest peak-to-trough decline

-38.28%

—

—

Max Drawdown (1Y)

Largest decline over 1 year

-6.57%

—

—

Max Drawdown (3Y)

Largest decline over 3 years

-18.93%

—

—

Max Drawdown (5Y)

Largest decline over 5 years

-18.93%

—

—

Max Drawdown (10Y)

Largest decline over 10 years

-25.30%

—

—

Current Drawdown

Current decline from peak

-0.18%

—

—

Average Drawdown

Average peak-to-trough decline

-4.92%

—

—

Ulcer Index

Depth and duration of drawdowns from previous peaks

1.66%

—

—

Volatility

IWRD.L vs. PRWU.L - Volatility Comparison

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Volatility by Period

IWRD.LPRWU.LDifference

Volatility (1M)

Calculated over the trailing 1-month period

2.55%

—

—

Volatility (6M)

Calculated over the trailing 6-month period

7.30%

—

—

Volatility (1Y)

Calculated over the trailing 1-year period

10.28%

—

—

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

13.27%

—

—

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

14.50%

—

—

IWRD.L vs. PRWU.L - Expense Ratio Comparison

IWRD.L has a 0.50% expense ratio, which is higher than PRWU.L's 0.05% expense ratio.

Dividends

IWRD.L vs. PRWU.L - Dividend Comparison

IWRD.L's dividend yield for the trailing twelve months is around 0.85%, while PRWU.L has not paid dividends to shareholders.

PositionTTM20252024202320222021202020192018201720162015
IWRD.L
iShares MSCI World UCITS		0.85%0.93%1.06%1.31%1.44%1.03%1.21%1.66%1.81%1.64%1.61%1.78%
PRWU.L
Amundi Prime Global UCITS ETF DR (C)		0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%

Frequently Asked Questions

IWRD.L and PRWU.L 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.

On fees, PRWU.L is cheaper at 0.05% per year. The better choice depends on whether you care most about return, fees, risk, or income.

PRWU.L is cheaper with a 0.05% expense ratio, compared with 0.50% for IWRD.L.

Both ETFs track MSCI ACWI NR USD. They also come from different issuers: iShares and Amundi. Their fees differ too: 0.50% for IWRD.L and 0.05% for PRWU.L.

Portfolio Optimizer

Find the right allocation for IWRD.L and PRWU.L

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