SDIG.L vs. IWDA.L
SDIG.L (iShares $ Short Duration Corp Bond UCITS ETF USD (Dist)) and IWDA.L (iShares Core MSCI World UCITS ETF USD (Acc)) are both exchange-traded funds - SDIG.L is a Global Bonds fund tracking the iShares $ Short Duration Corp Bond UCITS ETF USD (Dist), while IWDA.L is a Global Equities fund tracking the MSCI World Index (Net). Both are passively managed. Over the past 10 years, SDIG.L returned 2.51%/yr vs 12.99%/yr for IWDA.L. At a 0.09 correlation, their price movements are largely independent. Both charge a 0.20% expense ratio.
Performance
SDIG.L vs. IWDA.L - Performance Comparison
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Returns By Period
In the year-to-date period, SDIG.L achieves a 1.03% return, which is significantly lower than IWDA.L's 10.17% return. Over the past 10 years, SDIG.L has underperformed IWDA.L with an annualized return of 2.51%, while IWDA.L has yielded a comparatively higher 12.99% annualized return.
SDIG.L
- 1D
- -0.03%
- 1M
- 0.12%
- 6M
- 0.97%
- YTD
- 1.03%
- 1Y
- 4.01%
- 3Y*
- 5.23%
- 5Y*
- 2.46%
- 10Y*
- 2.51%
IWDA.L
- 1D
- 0.19%
- 1M
- 0.21%
- 6M
- 9.01%
- YTD
- 10.17%
- 1Y
- 22.01%
- 3Y*
- 18.87%
- 5Y*
- 11.60%
- 10Y*
- 12.99%
SDIG.L vs. IWDA.L - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
SDIG.L iShares $ Short Duration Corp Bond UCITS ETF USD (Dist) | 1.03% | 6.12% | 4.93% | 5.83% | -4.83% | -0.48% | 4.51% | 6.18% | 0.83% | 2.13% |
IWDA.L iShares Core MSCI World UCITS ETF USD (Acc) | 10.17% | 21.03% | 19.11% | 24.27% | -18.11% | 22.19% | 16.06% | 27.13% | -9.01% | 22.75% |
Correlation
The correlation between SDIG.L and IWDA.L is 0.34, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.34 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.23 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.24 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.15 |
Correlation (All Time) Calculated using the full available price history since Oct 16, 2013 | 0.09 |
Over the past year, SDIG.L and IWDA.L have become more correlated (0.34) than their long-term average of 0.09, meaning their price movements have been converging.
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Return for Risk
SDIG.L vs. IWDA.L — Risk / Return Rank
SDIG.L
IWDA.L
SDIG.L vs. IWDA.L - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for iShares $ Short Duration Corp Bond UCITS ETF USD (Dist) (SDIG.L) and iShares Core MSCI World UCITS ETF USD (Acc) (IWDA.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.
| SDIG.L | IWDA.L | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.24 | ||
| Sortino ratioReturn per unit of downside risk | +0.40 | ||
| Omega ratioGain probability vs. loss probability | 1.40 | 1.32 | +0.07 |
| Calmar ratioReturn relative to maximum drawdown | 3.35 | 2.64 | +0.71 |
| Martin ratioReturn relative to average drawdown | 14.02 | 10.75 | +3.26 |
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Drawdowns
SDIG.L vs. IWDA.L - Drawdown Comparison
The maximum SDIG.L drawdown since its inception was -11.39%, smaller than the maximum IWDA.L drawdown of -34.11%. Use the drawdown chart below to compare losses from any high point for SDIG.L and IWDA.L.
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Drawdown Indicators
| SDIG.L | IWDA.L | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -11.39% | -34.11% | +22.72% |
Max Drawdown (1Y)Largest decline over 1 year | -1.17% | -8.31% | +7.14% |
Max Drawdown (3Y)Largest decline over 3 years | -1.18% | -16.94% | +15.76% |
Max Drawdown (5Y)Largest decline over 5 years | -7.59% | -25.88% | +18.29% |
Max Drawdown (10Y)Largest decline over 10 years | -11.39% | -34.11% | +22.72% |
Current DrawdownCurrent decline from peak | -0.12% | -0.12% | 0.00% |
Average DrawdownAverage peak-to-trough decline | -0.93% | -4.39% | +3.46% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 0.28% | 2.04% | -1.76% |
Volatility
SDIG.L vs. IWDA.L - Volatility Comparison
The current volatility for iShares $ Short Duration Corp Bond UCITS ETF USD (Dist) (SDIG.L) is 0.60%, while iShares Core MSCI World UCITS ETF USD (Acc) (IWDA.L) has a volatility of 2.72%. This indicates that SDIG.L experiences smaller price fluctuations and is considered to be less risky than IWDA.L based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| SDIG.L | IWDA.L | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 0.60% | 2.72% | -2.12% |
Volatility (6M)Calculated over the trailing 6-month period | 1.55% | 9.80% | -8.25% |
Volatility (1Y)Calculated over the trailing 1-year period | 1.94% | 12.26% | -10.32% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 2.66% | 15.73% | -13.07% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 3.75% | 15.78% | -12.03% |
SDIG.L vs. IWDA.L - Expense Ratio Comparison
Both SDIG.L and IWDA.L have an expense ratio of 0.20%, making them cost-effective options compared to the broader market, where average expense ratios typically range from 0.3% to 0.9%.
Dividends
SDIG.L vs. IWDA.L - Dividend Comparison
SDIG.L's dividend yield for the trailing twelve months is around 4.40%, while IWDA.L has not paid dividends to shareholders.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
IWDA.L iShares Core MSCI World UCITS ETF USD (Acc) | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
SDIG.L iShares $ Short Duration Corp Bond UCITS ETF USD (Dist) | 4.40% | 4.32% | 4.03% | 3.11% | 1.85% | 1.49% | 2.12% | 2.63% | 2.29% | 1.84% | 1.75% | 1.43% |
Frequently Asked Questions
SDIG.L and IWDA.L have a correlation of 0.34, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
Both ETFs have the same 0.20% expense ratio. The better choice depends on whether you care most about return, fees, risk, or income.
SDIG.L and IWDA.L have the same expense ratio: 0.20% per year.
SDIG.L is categorized as Global Bonds, while IWDA.L is Global Equities. SDIG.L tracks iShares $ Short Duration Corp Bond UCITS ETF USD (Dist), while IWDA.L tracks MSCI World Index (Net).
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