SDUS.L vs. IWDA.L

Last updated Jun 5, 2026

SDUS.L (iShares MSCI USA ESG Screened UCITS ETF USD (Dist)) and IWDA.L (iShares Core MSCI World UCITS ETF USD (Acc)) are both exchange-traded funds - SDUS.L is a Large Cap Blend Equities fund tracking the Russell 1000 TR USD, while IWDA.L is a Global Equities fund tracking the MSCI World Index (Net). Both are passively managed. Over the past 5 years, SDUS.L returned 14.04%/yr vs 11.86%/yr for IWDA.L. With a 0.96 correlation, they move nearly in lockstep. SDUS.L charges 0.07%/yr vs 0.20%/yr for IWDA.L.

Performance

SDUS.L vs. IWDA.L - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in iShares MSCI USA ESG Screened UCITS ETF USD (Dist) (SDUS.L) and iShares Core MSCI World UCITS ETF USD (Acc) (IWDA.L). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

The year-to-date returns for both stocks are quite close, with SDUS.L having a 10.25% return and IWDA.L slightly lower at 9.83%.

SDUS.L

• 1D: 0.08%
• 1M: 5.05%
• YTD: 10.25%
• 6M: 10.89%
• 1Y: 28.55%
• 3Y*: 23.31%
• 5Y*: 14.04%
• 10Y*: —

IWDA.L

• 1D: 0.10%
• 1M: 4.07%
• YTD: 9.83%
• 6M: 10.98%
• 1Y: 25.98%
• 3Y*: 20.77%
• 5Y*: 11.86%
• 10Y*: 13.07%

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

SDUS.L vs. IWDA.L - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018
SDUS.L iShares MSCI USA ESG Screened UCITS ETF USD (Dist)	10.25%	17.72%	26.89%	30.69%	-21.32%	28.28%	22.03%	30.98%	-7.54%
IWDA.L iShares Core MSCI World UCITS ETF USD (Acc)	9.83%	21.03%	19.11%	24.27%	-18.11%	22.19%	16.06%	27.13%	-6.19%

Correlation

The correlation between SDUS.L and IWDA.L is 0.96 - these two move nearly in lockstep. At this level, holding both provides almost no diversification benefit. If you already own one, adding the other does little to reduce portfolio risk.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.96
Correlation (3Y) Calculated over the trailing 3-year period	0.96
Correlation (5Y) Calculated over the trailing 5-year period	0.96
Correlation (All Time) Calculated using the full available price history since Oct 24, 2018	0.96

The correlation between SDUS.L and IWDA.L has been stable across timeframes, ranging from 0.96 to 0.96 - a consistent structural relationship.

SDUS.L vs. IWDA.L - Sectors Allocation Comparison

Sectors	SDUS.L	IWDA.L
Technology	38.0%	32.9%
Financial Services	12.4%	14.9%
Communication Services	12.1%	9.3%
Consumer Cyclical	10.8%	8.8%
Healthcare	9.2%	8.6%
Industrials	7.7%	9.7%
Consumer Defensive	2.7%	4.8%
Real Estate	2.0%	1.2%
Energy	1.9%	3.9%
Basic Materials	1.8%	2.8%
Utilities	1.3%	2.4%

Return for Risk

SDUS.L vs. IWDA.L — Risk / Return Rank

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

SDUS.L

SDUS.L Risk / Return Rank: 70
SDUS.L Sharpe Ratio Rank: 71
SDUS.L Sortino Ratio Rank: 75
SDUS.L Omega Ratio Rank: 71
SDUS.L Calmar Ratio Rank: 62
SDUS.L Martin Ratio Rank: 69

IWDA.L

IWDA.L Risk / Return Rank: 68
IWDA.L Sharpe Ratio Rank: 67
IWDA.L Sortino Ratio Rank: 73
IWDA.L Omega Ratio Rank: 67
IWDA.L Calmar Ratio Rank: 64
IWDA.L Martin Ratio Rank: 72

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.

SDUS.L vs. IWDA.L - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for iShares MSCI USA ESG Screened UCITS ETF USD (Dist) (SDUS.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.

	SDUS.L	IWDA.L	Difference
Sharpe ratio: Return per unit of total volatility	2.28	2.17	+0.11
Sortino ratio: Return per unit of downside risk	3.33	3.26	+0.07
Omega ratio: Gain probability vs. loss probability	1.41	1.40	+0.02
Calmar ratio: Return relative to maximum drawdown	3.00	3.11	-0.12
Martin ratio: Return relative to average drawdown	12.48	13.16	-0.68
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

SDUS.L vs. IWDA.L - Sharpe Ratio Comparison

The current SDUS.L Sharpe Ratio is 2.28, which is comparable to the IWDA.L Sharpe Ratio of 2.17. The chart below compares the historical Sharpe Ratios of SDUS.L and IWDA.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.

Sharpe Ratios by Period

	SDUS.L	IWDA.L	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	2.28	2.17	+0.11
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.84	0.76	+0.08
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	—	0.82	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.91	0.79	+0.11

Drawdowns

SDUS.L vs. IWDA.L - Drawdown Comparison

The maximum SDUS.L drawdown since its inception was -33.90%, roughly equal to the maximum IWDA.L drawdown of -34.11%. Use the drawdown chart below to compare losses from any high point for SDUS.L and IWDA.L.

Drawdown Indicators

	SDUS.L	IWDA.L	Difference
Max Drawdown Largest peak-to-trough decline	-33.90%	-34.11%	+0.21%
Max Drawdown (1Y) Largest decline over 1 year	-9.48%	-8.31%	-1.17%
Max Drawdown (3Y) Largest decline over 3 years	-20.29%	-16.94%	-3.35%
Max Drawdown (5Y) Largest decline over 5 years	-26.23%	-25.88%	-0.35%
Max Drawdown (10Y) Largest decline over 10 years	—	-34.11%	—
Current Drawdown Current decline from peak	-0.54%	-0.43%	-0.11%
Average Drawdown Average peak-to-trough decline	-5.44%	-4.44%	-1.00%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.28%	1.97%	+0.31%

Volatility

SDUS.L vs. IWDA.L - Volatility Comparison

iShares MSCI USA ESG Screened UCITS ETF USD (Dist) (SDUS.L) and iShares Core MSCI World UCITS ETF USD (Acc) (IWDA.L) have volatilities of 3.55% and 3.40%, 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.

Volatility by Period

	SDUS.L	IWDA.L	Difference
Volatility (1M) Calculated over the trailing 1-month period	3.55%	3.40%	+0.15%
Volatility (6M) Calculated over the trailing 6-month period	9.26%	9.19%	+0.07%
Volatility (1Y) Calculated over the trailing 1-year period	12.46%	11.93%	+0.53%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	16.80%	15.68%	+1.12%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	18.23%	15.91%	+2.32%

SDUS.L vs. IWDA.L - Expense Ratio Comparison

SDUS.L has a 0.07% expense ratio, which is lower than IWDA.L's 0.20% expense ratio. Despite the difference, both funds are considered low-cost compared to the broader market, where average expense ratios usually range from 0.3% to 0.9%.

Dividends

SDUS.L vs. IWDA.L - Dividend Comparison

SDUS.L's dividend yield for the trailing twelve months is around 0.73%, while IWDA.L has not paid dividends to shareholders.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018
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%
SDUS.L iShares MSCI USA ESG Screened UCITS ETF USD (Dist)	0.73%	0.80%	0.90%	1.06%	1.32%	0.95%	1.18%	1.40%	0.22%

Frequently Asked Questions

Can I hold both SDUS.L and IWDA.L in my portfolio?

With a correlation of 0.96, SDUS.L and IWDA.L move almost identically. Holding both adds very little diversification - you're essentially doubling your position in the same market segment. Choosing one is usually more capital-efficient.

Which ETF is better, SDUS.L or IWDA.L?

On fees, SDUS.L is cheaper at 0.07% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, SDUS.L or IWDA.L?

SDUS.L is cheaper with a 0.07% expense ratio, compared with 0.20% for IWDA.L.

What is the main difference between SDUS.L and IWDA.L?

SDUS.L is categorized as Large Cap Blend Equities, while IWDA.L is Global Equities. SDUS.L tracks Russell 1000 TR USD, while IWDA.L tracks MSCI World Index (Net). Their fees differ too: 0.07% for SDUS.L and 0.20% for IWDA.L.