IWSZ.L vs. IQQI.DE
IWSZ.L (iShares MSCI World Mid-Cap Equal Weight UCITS ETF) and IQQI.DE (iShares Global Infrastructure UCITS ETF) are both exchange-traded funds - IWSZ.L is a Mid Cap Blend Equities fund tracking the MSCI World Mid-Cap Equal Weighted Index, while IQQI.DE is a Global Equities fund tracking the FTSE Global Core Infrastructure Index. Both are passively managed. Over the past 10 years, IWSZ.L returned 8.20%/yr vs 7.13%/yr for IQQI.DE. A 0.58 correlation means they provide meaningful diversification when combined. IWSZ.L charges 0.30%/yr vs 0.65%/yr for IQQI.DE.
Performance
IWSZ.L vs. IQQI.DE - Performance Comparison
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Different Trading Currencies
IWSZ.L is traded in USD, while IQQI.DE is traded in EUR. To make them comparable, the IQQI.DE values have been converted to USD using the latest available exchange rates.
Returns By Period
In the year-to-date period, IWSZ.L achieves a 6.23% return, which is significantly lower than IQQI.DE's 9.09% return. Over the past 10 years, IWSZ.L has outperformed IQQI.DE with an annualized return of 8.20%, while IQQI.DE has yielded a comparatively lower 7.13% annualized return.
IWSZ.L
- 1D
- 0.37%
- 1M
- 1.26%
- YTD
- 6.23%
- 6M
- 8.11%
- 1Y
- 16.93%
- 3Y*
- 14.68%
- 5Y*
- 5.43%
- 10Y*
- 8.20%
IQQI.DE
- 1D
- -1.25%
- 1M
- -2.76%
- YTD
- 9.09%
- 6M
- 8.73%
- 1Y
- 14.24%
- 3Y*
- 11.42%
- 5Y*
- 5.77%
- 10Y*
- 7.13%
IWSZ.L vs. IQQI.DE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
IWSZ.L iShares MSCI World Mid-Cap Equal Weight UCITS ETF | 6.23% | 21.40% | 5.93% | 16.04% | -17.96% | 12.56% | 10.79% | 23.39% | -14.41% | 24.35% |
IQQI.DE iShares Global Infrastructure UCITS ETF | 9.09% | 13.50% | 7.96% | -0.10% | -5.86% | 16.95% | -2.12% | 25.06% | -2.60% | 14.94% |
Correlation
The correlation between IWSZ.L and IQQI.DE is 0.27, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.27 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.42 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.52 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.56 |
Correlation (All Time) Calculated using the full available price history since Oct 7, 2014 | 0.58 |
Over the past year, the correlation between IWSZ.L and IQQI.DE has dropped to 0.27 - well below their long-term average of 0.58, suggesting their price drivers have been diverging.
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Return for Risk
IWSZ.L vs. IQQI.DE — Risk / Return Rank
IWSZ.L
IQQI.DE
IWSZ.L vs. IQQI.DE - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for iShares MSCI World Mid-Cap Equal Weight UCITS ETF (IWSZ.L) and iShares Global Infrastructure UCITS ETF (IQQI.DE). 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.
| IWSZ.L | IQQI.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.10 | ||
| Sortino ratioReturn per unit of downside risk | +0.21 | ||
| Omega ratioGain probability vs. loss probability | 1.26 | 1.24 | +0.02 |
| Calmar ratioReturn relative to maximum drawdown | 1.76 | 2.96 | -1.20 |
| Martin ratioReturn relative to average drawdown | 6.67 | 7.54 | -0.88 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| IWSZ.L | IQQI.DE | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.45 | 1.35 | +0.10 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.34 | 0.42 | -0.08 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.50 | 0.48 | +0.02 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.46 | 0.23 | +0.24 |
Drawdowns
IWSZ.L vs. IQQI.DE - Drawdown Comparison
The maximum IWSZ.L drawdown since its inception was -38.11%, smaller than the maximum IQQI.DE drawdown of -49.64%. Use the drawdown chart below to compare losses from any high point for IWSZ.L and IQQI.DE.
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Drawdown Indicators
| IWSZ.L | IQQI.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -38.11% | -49.64% | +11.53% |
Max Drawdown (1Y)Largest decline over 1 year | -9.59% | -4.80% | -4.79% |
Max Drawdown (3Y)Largest decline over 3 years | -14.12% | -14.90% | +0.78% |
Max Drawdown (5Y)Largest decline over 5 years | -30.13% | -22.62% | -7.51% |
Max Drawdown (10Y)Largest decline over 10 years | -38.11% | -34.62% | -3.49% |
Current DrawdownCurrent decline from peak | -0.96% | -3.79% | +2.83% |
Average DrawdownAverage peak-to-trough decline | -6.93% | -11.80% | +4.87% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.53% | 1.88% | +0.65% |
Volatility
IWSZ.L vs. IQQI.DE - Volatility Comparison
iShares MSCI World Mid-Cap Equal Weight UCITS ETF (IWSZ.L) and iShares Global Infrastructure UCITS ETF (IQQI.DE) have volatilities of 3.55% and 3.63%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| IWSZ.L | IQQI.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 3.55% | 3.63% | -0.08% |
Volatility (6M)Calculated over the trailing 6-month period | 8.91% | 8.67% | +0.24% |
Volatility (1Y)Calculated over the trailing 1-year period | 11.61% | 10.51% | +1.10% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 16.01% | 13.73% | +2.28% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 16.53% | 14.78% | +1.75% |
IWSZ.L vs. IQQI.DE - Expense Ratio Comparison
IWSZ.L has a 0.30% expense ratio, which is lower than IQQI.DE's 0.65% expense ratio.
Dividends
IWSZ.L vs. IQQI.DE - Dividend Comparison
IWSZ.L has not paid dividends to shareholders, while IQQI.DE's dividend yield for the trailing twelve months is around 2.09%.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
IQQI.DE iShares Global Infrastructure UCITS ETF | 2.09% | 2.30% | 2.28% | 2.42% | 2.14% | 1.85% | 2.25% | 2.05% | 2.30% | 2.76% | 2.64% | 3.14% |
IWSZ.L iShares MSCI World Mid-Cap Equal Weight UCITS ETF | 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
IWSZ.L and IQQI.DE have a correlation of 0.27, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, IWSZ.L is cheaper at 0.30% per year. The better choice depends on whether you care most about return, fees, risk, or income.
IWSZ.L is cheaper with a 0.30% expense ratio, compared with 0.65% for IQQI.DE.
IWSZ.L is categorized as Mid Cap Blend Equities, while IQQI.DE is Global Equities. IWSZ.L tracks MSCI World Mid-Cap Equal Weighted Index, while IQQI.DE tracks FTSE Global Core Infrastructure Index. Their fees differ too: 0.30% for IWSZ.L and 0.65% for IQQI.DE.
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