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WDIV.AX vs. IHD.AX
Performance
Return for Risk
Drawdowns
Volatility
Dividends

WDIV.AX vs. IHD.AX

Last updated Jul 16, 2026
Documentation

WDIV.AX (SPDR ETFs Australia - State Street SPDR S&P Global Dividend ETF) and IHD.AX (iShares S&P/ASX Dividend Opportunities ESG Screened ETF) are both Dividend funds - WDIV.AX tracks the SPDR Index while IHD.AX tracks the iShares S&P/ASX Dividend Opportunities ESG Screened Index. Both are passively managed. Over the past 10 years, WDIV.AX returned 7.87%/yr vs 8.02%/yr for IHD.AX. At a 0.41 correlation, their price movements are largely independent.

Performance

WDIV.AX vs. IHD.AX - Performance Comparison

The chart below illustrates the hypothetical performance of a A$10,000 investment in SPDR ETFs Australia - State Street SPDR S&P Global Dividend ETF (WDIV.AX) and iShares S&P/ASX Dividend Opportunities ESG Screened ETF (IHD.AX). The values are adjusted to include any dividend payments, if applicable.

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Returns By Period

In the year-to-date period, WDIV.AX achieves a 6.44% return, which is significantly higher than IHD.AX's 6.05% return. Both investments have delivered pretty close results over the past 10 years, with WDIV.AX having a 7.87% annualized return and IHD.AX not far ahead at 8.02%.

WDIV.AX

1D
0.47%
1M
1.59%
6M
5.52%
YTD
6.44%
1Y
12.96%
3Y*
15.59%
5Y*
9.61%
10Y*
7.87%

IHD.AX

1D
-0.06%
1M
-1.76%
6M
5.07%
YTD
6.05%
1Y
18.31%
3Y*
14.60%
5Y*
9.20%
10Y*
8.02%
*Multi-year figures are annualized to reflect compound growth (CAGR)

WDIV.AX vs. IHD.AX - Yearly Performance Comparison

2026 (YTD)202520242023202220212020201920182017
WDIV.AX
SPDR ETFs Australia - State Street SPDR S&P Global Dividend ETF		6.44%19.30%15.11%5.95%-0.52%20.51%-17.75%18.87%1.84%7.10%
IHD.AX
iShares S&P/ASX Dividend Opportunities ESG Screened ETF		6.05%20.16%7.98%13.98%-0.62%10.21%-3.33%24.74%-10.48%8.59%

Correlation

The correlation between WDIV.AX and IHD.AX is 0.33, which is low. Their price movements are largely independent, making them effective diversification partners.

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

0.33

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

0.36

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

0.38

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

0.42

Correlation (All Time)
Calculated using the full available price history since Nov 1, 2013

0.41

Compare stocks, funds, or ETFs

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SPDR ETFs Australia - State Street SPDR S&P Global Dividend ETF

iShares S&P/ASX Dividend Opportunities ESG Screened ETF

Return for Risk

WDIV.AX vs. IHD.AX — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.
WDIV.AX
WDIV.AX Risk / Return Rank: 4141
Overall Rank
WDIV.AX Sharpe Ratio Rank: 3939
Sharpe Ratio Rank
WDIV.AX Sortino Ratio Rank: 4141
Sortino Ratio Rank
WDIV.AX Omega Ratio Rank: 4444
Omega Ratio Rank
WDIV.AX Calmar Ratio Rank: 4141
Calmar Ratio Rank
WDIV.AX Martin Ratio Rank: 3838
Martin Ratio Rank
IHD.AX
IHD.AX Risk / Return Rank: 5757
Overall Rank
IHD.AX Sharpe Ratio Rank: 5454
Sharpe Ratio Rank
IHD.AX Sortino Ratio Rank: 5454
Sortino Ratio Rank
IHD.AX Omega Ratio Rank: 5353
Omega Ratio Rank
IHD.AX Calmar Ratio Rank: 6666
Calmar Ratio Rank
IHD.AX Martin Ratio Rank: 5959
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.

WDIV.AX vs. IHD.AX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for SPDR ETFs Australia - State Street SPDR S&P Global Dividend ETF (WDIV.AX) and iShares S&P/ASX Dividend Opportunities ESG Screened ETF (IHD.AX). 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.

WDIV.AXIHD.AXDifference
Sharpe ratioReturn per unit of total volatility
1.16
1.51

-0.35

Sortino ratioReturn per unit of downside risk
1.79
2.15

-0.35

Omega ratioGain probability vs. loss probability

1.24

1.27

-0.03

Calmar ratioReturn relative to maximum drawdown

1.72

2.67

-0.95

Martin ratioReturn relative to average drawdown

4.90

8.30

-3.40

WDIV.AX vs. IHD.AX - Sharpe Ratio Comparison

The current WDIV.AX Sharpe Ratio is 1.16, which is comparable to the IHD.AX Sharpe Ratio of 1.51. The chart below compares the historical Sharpe Ratios of WDIV.AX and IHD.AX, 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

WDIV.AX vs. IHD.AX - Drawdown Comparison

The maximum WDIV.AX drawdown since its inception was -32.49%, smaller than the maximum IHD.AX drawdown of -36.45%. Use the drawdown chart below to compare losses from any high point for WDIV.AX and IHD.AX.

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Drawdown Indicators

WDIV.AXIHD.AXDifference

Max Drawdown

Largest peak-to-trough decline

-32.49%

-36.45%

+3.96%

Max Drawdown (1Y)

Largest decline over 1 year

-7.29%

-7.00%

-0.29%

Max Drawdown (3Y)

Largest decline over 3 years

-7.29%

-10.58%

+3.29%

Max Drawdown (5Y)

Largest decline over 5 years

-10.93%

-14.00%

+3.07%

Max Drawdown (10Y)

Largest decline over 10 years

-32.49%

-36.45%

+3.96%

Current Drawdown

Current decline from peak

0.00%

-1.76%

+1.76%

Average Drawdown

Average peak-to-trough decline

-5.10%

-5.61%

+0.51%

Ulcer Index

Depth and duration of drawdowns from previous peaks

2.59%

2.28%

+0.31%

Volatility

WDIV.AX vs. IHD.AX - Volatility Comparison

SPDR ETFs Australia - State Street SPDR S&P Global Dividend ETF (WDIV.AX) has a higher volatility of 2.65% compared to iShares S&P/ASX Dividend Opportunities ESG Screened ETF (IHD.AX) at 2.23%. This indicates that WDIV.AX's price experiences larger fluctuations and is considered to be riskier than IHD.AX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

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Volatility by Period

WDIV.AXIHD.AXDifference

Volatility (1M)

Calculated over the trailing 1-month period

2.65%

2.23%

+0.42%

Volatility (6M)

Calculated over the trailing 6-month period

7.21%

9.68%

-2.47%

Volatility (1Y)

Calculated over the trailing 1-year period

10.81%

12.40%

-1.59%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

10.22%

13.00%

-2.78%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

12.00%

14.97%

-2.97%

Dividends

WDIV.AX vs. IHD.AX - Dividend Comparison

WDIV.AX's dividend yield for the trailing twelve months is around 10.47%, more than IHD.AX's 4.03% yield.

PositionTTM20252024202320222021202020192018201720162015
IHD.AX
iShares S&P/ASX Dividend Opportunities ESG Screened ETF		4.03%4.16%5.53%4.56%6.57%5.33%1.93%6.41%6.10%4.91%3.79%6.85%
WDIV.AX
SPDR ETFs Australia - State Street SPDR S&P Global Dividend ETF		10.47%7.31%2.90%4.72%4.45%4.11%5.81%4.95%7.54%3.96%3.92%8.97%

Frequently Asked Questions

WDIV.AX and IHD.AX have a correlation of 0.33, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

WDIV.AX tracks SPDR Index, while IHD.AX tracks iShares S&P/ASX Dividend Opportunities ESG Screened Index. They also come from different issuers: SPDR and iShares.

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