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WDMF.AX vs. IJH.AX
Performance
Return for Risk
Drawdowns
Volatility
Dividends

WDMF.AX vs. IJH.AX

Last updated Jul 18, 2026
Documentation

WDMF.AX (iShares World Equity Factor ETF) and IJH.AX (iShares S&P Mid-Cap ETF) are both exchange-traded funds - WDMF.AX is a Global Equities fund tracking the iShares World Equity Factor Index, while IJH.AX is a Mid Cap Blend Equities fund tracking the iShares S&P Mid-Cap Index. Both are passively managed. Over the past 5 years, WDMF.AX returned 12.09%/yr vs 15.20%/yr for IJH.AX. A 0.71 correlation means they provide meaningful diversification when combined.

Performance

WDMF.AX vs. IJH.AX - Performance Comparison

The chart below illustrates the hypothetical performance of a A$10,000 investment in iShares World Equity Factor ETF (WDMF.AX) and iShares S&P Mid-Cap ETF (IJH.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, WDMF.AX achieves a 4.62% return, which is significantly lower than IJH.AX's 8.92% return.

WDMF.AX

1D
-1.28%
1M
0.58%
6M
4.22%
YTD
4.62%
1Y
13.46%
3Y*
18.18%
5Y*
12.09%
10Y*
—

IJH.AX

1D
-0.07%
1M
0.38%
6M
3.26%
YTD
8.92%
1Y
12.54%
3Y*
12.34%
5Y*
15.20%
10Y*
19.36%
*Multi-year figures are annualized to reflect compound growth (CAGR)

WDMF.AX vs. IJH.AX - Yearly Performance Comparison

2026 (YTD)202520242023202220212020201920182017
WDMF.AX
iShares World Equity Factor ETF		4.62%15.40%30.82%14.10%-8.56%26.94%0.86%23.27%-3.75%18.89%
IJH.AX
iShares S&P Mid-Cap ETF		8.92%0.34%23.20%16.67%9.71%52.15%25.00%56.41%-4.12%6.48%

Correlation

The correlation between WDMF.AX and IJH.AX is 0.52, 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

0.52

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

0.66

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

0.71

Correlation (All Time)
Calculated using the full available price history since Oct 11, 2016

0.71

The correlation between WDMF.AX and IJH.AX shifts across timeframes, from 0.52 (1 year) to 0.71 (5 years), reflecting how their relationship changes across market environments.

Compare stocks, funds, or ETFs

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iShares World Equity Factor ETF

iShares S&P Mid-Cap ETF

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Often compared with IJH.AX:
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Return for Risk

WDMF.AX vs. IJH.AX — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.
WDMF.AX
WDMF.AX Risk / Return Rank: 4545
Overall Rank
WDMF.AX Sharpe Ratio Rank: 5151
Sharpe Ratio Rank
WDMF.AX Sortino Ratio Rank: 5050
Sortino Ratio Rank
WDMF.AX Omega Ratio Rank: 5353
Omega Ratio Rank
WDMF.AX Calmar Ratio Rank: 3434
Calmar Ratio Rank
WDMF.AX Martin Ratio Rank: 3636
Martin Ratio Rank
IJH.AX
IJH.AX Risk / Return Rank: 3030
Overall Rank
IJH.AX Sharpe Ratio Rank: 3131
Sharpe Ratio Rank
IJH.AX Sortino Ratio Rank: 3030
Sortino Ratio Rank
IJH.AX Omega Ratio Rank: 2929
Omega Ratio Rank
IJH.AX Calmar Ratio Rank: 3030
Calmar Ratio Rank
IJH.AX Martin Ratio Rank: 3232
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.

WDMF.AX vs. IJH.AX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for iShares World Equity Factor ETF (WDMF.AX) and iShares S&P Mid-Cap ETF (IJH.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.

WDMF.AXIJH.AXDifference
Sharpe ratioReturn per unit of total volatility
1.33
0.86

+0.47

Sortino ratioReturn per unit of downside risk
1.89
1.28

+0.61

Omega ratioGain probability vs. loss probability

1.25

1.16

+0.10

Calmar ratioReturn relative to maximum drawdown

1.35

1.16

+0.18

Martin ratioReturn relative to average drawdown

4.09

3.44

+0.65

WDMF.AX vs. IJH.AX - Sharpe Ratio Comparison

The current WDMF.AX Sharpe Ratio is 1.33, which is higher than the IJH.AX Sharpe Ratio of 0.86. The chart below compares the historical Sharpe Ratios of WDMF.AX and IJH.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

WDMF.AX vs. IJH.AX - Drawdown Comparison

The maximum WDMF.AX drawdown since its inception was -25.36%, smaller than the maximum IJH.AX drawdown of -34.08%. Use the drawdown chart below to compare losses from any high point for WDMF.AX and IJH.AX.

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Drawdown Indicators

WDMF.AXIJH.AXDifference

Max Drawdown

Largest peak-to-trough decline

-25.36%

-34.08%

+8.72%

Max Drawdown (1Y)

Largest decline over 1 year

-9.72%

-10.43%

+0.71%

Max Drawdown (3Y)

Largest decline over 3 years

-13.37%

-20.00%

+6.63%

Max Drawdown (5Y)

Largest decline over 5 years

-17.44%

-20.00%

+2.56%

Max Drawdown (10Y)

Largest decline over 10 years

—

-34.08%

—

Current Drawdown

Current decline from peak

-1.31%

-3.07%

+1.76%

Average Drawdown

Average peak-to-trough decline

-3.96%

-3.92%

-0.04%

Ulcer Index

Depth and duration of drawdowns from previous peaks

3.24%

3.58%

-0.34%

Volatility

WDMF.AX vs. IJH.AX - Volatility Comparison

iShares World Equity Factor ETF (WDMF.AX) and iShares S&P Mid-Cap ETF (IJH.AX) have volatilities of 2.63% and 2.63%, 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.

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Volatility by Period

WDMF.AXIJH.AXDifference

Volatility (1M)

Calculated over the trailing 1-month period

2.63%

2.63%

0.00%

Volatility (6M)

Calculated over the trailing 6-month period

7.84%

11.19%

-3.35%

Volatility (1Y)

Calculated over the trailing 1-year period

9.88%

14.21%

-4.33%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

12.37%

17.11%

-4.74%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

13.12%

18.46%

-5.34%

Dividends

WDMF.AX vs. IJH.AX - Dividend Comparison

WDMF.AX's dividend yield for the trailing twelve months is around 3.06%, more than IJH.AX's 0.81% yield.

PositionTTM2025202420232022202120202019201820172016
IJH.AX
iShares S&P Mid-Cap ETF		0.81%0.79%1.13%1.49%16.43%14.04%17.94%19.86%0.00%0.00%3.05%
WDMF.AX
iShares World Equity Factor ETF		3.06%3.16%5.04%2.73%8.42%5.27%1.58%1.56%3.60%3.66%0.00%

Frequently Asked Questions

WDMF.AX and IJH.AX have a correlation of 0.52, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

WDMF.AX is categorized as Global Equities, while IJH.AX is Mid Cap Blend Equities. WDMF.AX tracks iShares World Equity Factor Index, while IJH.AX tracks iShares S&P Mid-Cap Index.

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