URTH vs. WASMX

Last updated Jun 9, 2026

URTH (iShares MSCI World ETF) and WASMX (Boston Trust Walden SMID Cap Fund) are both funds - URTH is a Global Equities fund tracking the MSCI World Index (Net), while WASMX is a Mid Cap Blend Equities fund managed by Boston Trust Walden. Over the past 10 years, URTH returned 13.15%/yr vs 9.69%/yr for WASMX. A 0.75 correlation means they provide meaningful diversification when combined. URTH charges 0.24%/yr vs 1.00%/yr for WASMX.

Performance

URTH vs. WASMX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in iShares MSCI World ETF (URTH) and Boston Trust Walden SMID Cap Fund (WASMX). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, URTH achieves a 8.23% return, which is significantly higher than WASMX's 1.27% return. Over the past 10 years, URTH has outperformed WASMX with an annualized return of 13.15%, while WASMX has yielded a comparatively lower 9.69% annualized return.

URTH

• 1D: 0.33%
• 1M: 0.20%
• YTD: 8.23%
• 6M: 9.02%
• 1Y: 23.15%
• 3Y*: 19.96%
• 5Y*: 11.47%
• 10Y*: 13.15%

WASMX

• 1D: -0.52%
• 1M: 0.94%
• YTD: 1.27%
• 6M: 1.51%
• 1Y: 3.31%
• 3Y*: 8.57%
• 5Y*: 4.48%
• 10Y*: 9.69%

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

URTH vs. WASMX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
URTH iShares MSCI World ETF	8.23%	21.36%	18.66%	23.95%	-17.97%	22.27%	15.78%	28.15%	-8.56%	22.95%
WASMX Boston Trust Walden SMID Cap Fund	1.27%	0.31%	10.39%	16.40%	-14.57%	30.04%	9.22%	32.50%	-5.60%	14.91%

Correlation

The correlation between URTH and WASMX is 0.65, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.65
Correlation (3Y) Calculated over the trailing 3-year period	0.74
Correlation (5Y) Calculated over the trailing 5-year period	0.82
Correlation (10Y) Calculated over the trailing 10-year period	0.82
Correlation (All Time) Calculated using the full available price history since Jun 29, 2012	0.75

The correlation between URTH and WASMX shifts across timeframes, from 0.65 (1 year) to 0.82 (5 years), reflecting how their relationship changes across market environments.

Return for Risk

URTH vs. WASMX — Risk / Return Rank

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

URTH

URTH Risk / Return Rank: 62
URTH Sharpe Ratio Rank: 63
URTH Sortino Ratio Rank: 62
URTH Omega Ratio Rank: 62
URTH Calmar Ratio Rank: 57
URTH Martin Ratio Rank: 69

WASMX

WASMX Risk / Return Rank: 5
WASMX Sharpe Ratio Rank: 5
WASMX Sortino Ratio Rank: 6
WASMX Omega Ratio Rank: 5
WASMX Calmar Ratio Rank: 6
WASMX Martin Ratio Rank: 6

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.

URTH vs. WASMX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for iShares MSCI World ETF (URTH) and Boston Trust Walden SMID Cap Fund (WASMX). 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.

	URTH	WASMX	Difference
Sharpe ratio: Return per unit of total volatility	1.89	0.33	+1.56
Sortino ratio: Return per unit of downside risk	2.59	0.60	+2.00
Omega ratio: Gain probability vs. loss probability	1.34	1.07	+0.27
Calmar ratio: Return relative to maximum drawdown	2.57	0.39	+2.18
Martin ratio: Return relative to average drawdown	11.56	1.09	+10.48
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

URTH vs. WASMX - Sharpe Ratio Comparison

The current URTH Sharpe Ratio is 1.89, which is higher than the WASMX Sharpe Ratio of 0.33. The chart below compares the historical Sharpe Ratios of URTH and WASMX, 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

	URTH	WASMX	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	1.89	0.33	+1.56
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.71	0.26	+0.45
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.76	0.52	+0.24
Sharpe Ratio (All Time) Calculated using the full available price history	0.72	0.59	+0.13

Drawdowns

URTH vs. WASMX - Drawdown Comparison

The maximum URTH drawdown since its inception was -34.01%, smaller than the maximum WASMX drawdown of -37.74%. Use the drawdown chart below to compare losses from any high point for URTH and WASMX.

Drawdown Indicators

	URTH	WASMX	Difference
Max Drawdown Largest peak-to-trough decline	-34.01%	-37.74%	+3.73%
Max Drawdown (1Y) Largest decline over 1 year	-9.06%	-11.38%	+2.32%
Max Drawdown (3Y) Largest decline over 3 years	-16.94%	-20.52%	+3.58%
Max Drawdown (5Y) Largest decline over 5 years	-26.05%	-23.07%	-2.98%
Max Drawdown (10Y) Largest decline over 10 years	-34.01%	-37.74%	+3.73%
Current Drawdown Current decline from peak	-2.49%	-6.31%	+3.82%
Average Drawdown Average peak-to-trough decline	-4.37%	-5.22%	+0.85%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.01%	4.08%	-2.07%

Volatility

URTH vs. WASMX - Volatility Comparison

iShares MSCI World ETF (URTH) has a higher volatility of 3.82% compared to Boston Trust Walden SMID Cap Fund (WASMX) at 2.86%. This indicates that URTH's price experiences larger fluctuations and is considered to be riskier than WASMX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	URTH	WASMX	Difference
Volatility (1M) Calculated over the trailing 1-month period	3.82%	2.86%	+0.96%
Volatility (6M) Calculated over the trailing 6-month period	9.80%	9.11%	+0.69%
Volatility (1Y) Calculated over the trailing 1-year period	12.34%	13.55%	-1.21%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	16.22%	17.15%	-0.93%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	17.29%	18.60%	-1.31%

URTH vs. WASMX - Expense Ratio Comparison

URTH has a 0.24% expense ratio, which is lower than WASMX's 1.00% expense ratio.

Dividends

URTH vs. WASMX - Dividend Comparison

URTH's dividend yield for the trailing twelve months is around 1.37%, less than WASMX's 1.63% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
URTH iShares MSCI World ETF	1.37%	1.48%	1.47%	1.70%	1.68%	1.50%	1.52%	2.16%	2.30%	1.88%	2.15%	2.35%
WASMX Boston Trust Walden SMID Cap Fund	1.63%	1.65%	1.67%	0.52%	4.90%	4.75%	1.86%	9.96%	4.40%	0.52%	5.41%	7.06%

Frequently Asked Questions

Can I hold both URTH and WASMX in my portfolio?

URTH and WASMX have a correlation of 0.65, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, URTH or WASMX?

URTH has higher volatility (3.82%) compared to WASMX (2.86%). In terms of maximum drawdown, URTH dropped -34.01% vs WASMX's -37.74%.

Which has better risk-adjusted returns?

URTH currently has the higher Sharpe Ratio (1.89 vs 0.33), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.