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SDIG.L vs. SWDA.L
Performance
Return for Risk
Drawdowns
Volatility
Dividends

Performance

SDIG.L vs. SWDA.L - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in iShares $ Short Duration Corp Bond UCITS ETF USD (Dist) (SDIG.L) and iShares Core MSCI World UCITS ETF USD (Acc) (SWDA.L). The values are adjusted to include any dividend payments, if applicable.

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Different Trading Currencies

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

Returns By Period

In the year-to-date period, SDIG.L achieves a 1.03% return, which is significantly lower than SWDA.L's 10.59% return. Over the past 10 years, SDIG.L has underperformed SWDA.L with an annualized return of 2.51%, while SWDA.L has yielded a comparatively higher 13.08% 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%

SWDA.L

1D
0.59%
1M
0.70%
6M
9.50%
YTD
10.59%
1Y
22.47%
3Y*
19.10%
5Y*
11.75%
10Y*
13.08%
*Multi-year figures are annualized to reflect compound growth (CAGR)

SDIG.L vs. SWDA.L - Yearly Performance Comparison


2026 (YTD)202520242023202220212020201920182017
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%
SWDA.L
iShares Core MSCI World UCITS ETF USD (Acc)
10.59%21.14%19.09%23.79%-18.13%22.52%15.68%27.97%-9.23%22.42%

Correlation

The correlation between SDIG.L and SWDA.L is 0.26, which is low. Their price movements are largely independent, making them effective diversification partners.


Correlation
Correlation (1Y)
Calculated over the trailing 1-year period

0.26

Correlation (3Y)
Calculated over the trailing 3-year period

0.21

Correlation (5Y)
Calculated over the trailing 5-year period

0.22

Correlation (10Y)
Calculated over the trailing 10-year period

0.11

Correlation (All Time)
Calculated using the full available price history since Oct 16, 2013

0.05

Over the past year, SDIG.L and SWDA.L have become more correlated (0.26) than their long-term average of 0.05, meaning their price movements have been converging.

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Return for Risk

SDIG.L vs. SWDA.L — Risk / Return Rank

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

SDIG.L
SDIG.L Risk / Return Rank: 8383
Overall Rank
SDIG.L Sharpe Ratio Rank: 8080
Sharpe Ratio Rank
SDIG.L Sortino Ratio Rank: 8686
Sortino Ratio Rank
SDIG.L Omega Ratio Rank: 8383
Omega Ratio Rank
SDIG.L Calmar Ratio Rank: 8080
Calmar Ratio Rank
SDIG.L Martin Ratio Rank: 8686
Martin Ratio Rank

SWDA.L
SWDA.L Risk / Return Rank: 7979
Overall Rank
SWDA.L Sharpe Ratio Rank: 7878
Sharpe Ratio Rank
SWDA.L Sortino Ratio Rank: 7979
Sortino Ratio Rank
SWDA.L Omega Ratio Rank: 7979
Omega Ratio Rank
SWDA.L Calmar Ratio Rank: 7777
Calmar Ratio Rank
SWDA.L Martin Ratio Rank: 8181
Martin Ratio Rank
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.

SDIG.L vs. SWDA.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) (SWDA.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.LSWDA.LDifference
Sharpe ratioReturn per unit of total volatility

+0.12

Sortino ratioReturn per unit of downside risk

+0.28

Omega ratioGain probability vs. loss probability

1.40

1.34

+0.06

Calmar ratioReturn relative to maximum drawdown

3.35

2.60

+0.74

Martin ratioReturn relative to average drawdown

14.02

11.09

+2.93

SDIG.L vs. SWDA.L - Sharpe Ratio Comparison

The current SDIG.L Sharpe Ratio is 2.03, which is comparable to the SWDA.L Sharpe Ratio of 1.91. The chart below compares the historical Sharpe Ratios of SDIG.L and SWDA.L, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.


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Drawdowns

SDIG.L vs. SWDA.L - Drawdown Comparison

The maximum SDIG.L drawdown since its inception was -11.39%, smaller than the maximum SWDA.L drawdown of -45.69%. Use the drawdown chart below to compare losses from any high point for SDIG.L and SWDA.L.


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Drawdown Indicators


SDIG.LSWDA.LDifference

Max Drawdown

Largest peak-to-trough decline

-11.39%

-45.69%

+34.30%

Max Drawdown (1Y)

Largest decline over 1 year

-1.17%

-8.59%

+7.42%

Max Drawdown (3Y)

Largest decline over 3 years

-1.18%

-17.07%

+15.89%

Max Drawdown (5Y)

Largest decline over 5 years

-7.59%

-26.50%

+18.91%

Max Drawdown (10Y)

Largest decline over 10 years

-11.39%

-33.61%

+22.22%

Current Drawdown

Current decline from peak

-0.12%

0.00%

-0.12%

Average Drawdown

Average peak-to-trough decline

-0.93%

-11.15%

+10.22%

Ulcer Index

Depth and duration of drawdowns from previous peaks

0.28%

2.02%

-1.74%

Volatility

SDIG.L vs. SWDA.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) (SWDA.L) has a volatility of 2.88%. This indicates that SDIG.L experiences smaller price fluctuations and is considered to be less risky than SWDA.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.LSWDA.LDifference

Volatility (1M)

Calculated over the trailing 1-month period

0.60%

2.88%

-2.28%

Volatility (6M)

Calculated over the trailing 6-month period

1.55%

9.14%

-7.59%

Volatility (1Y)

Calculated over the trailing 1-year period

1.94%

11.74%

-9.80%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

2.66%

15.34%

-12.68%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

3.75%

15.69%

-11.94%

SDIG.L vs. SWDA.L - Expense Ratio Comparison

Both SDIG.L and SWDA.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. SWDA.L - Dividend Comparison

SDIG.L's dividend yield for the trailing twelve months is around 4.40%, while SWDA.L has not paid dividends to shareholders.


PositionTTM20252024202320222021202020192018201720162015
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%
SWDA.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%

Frequently Asked Questions


SDIG.L and SWDA.L have a correlation of 0.26, 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 SWDA.L have the same expense ratio: 0.20% per year.

SDIG.L is categorized as Global Bonds, while SWDA.L is Global Equities. SDIG.L tracks iShares $ Short Duration Corp Bond UCITS ETF USD (Dist), while SWDA.L tracks MSCI World Index.

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