WDTE.L vs. IDTW.L

Last updated Jul 18, 2026

WDTE.L (Invesco S&P World Information Technology ESG UCITS ETF Acc) and IDTW.L (iShares MSCI Taiwan UCITS ETF USD (Dist)) are both Technology Equities funds - WDTE.L tracks the S&P World ESG Enhanced Information Technology Index while IDTW.L tracks the MSCI Taiwan 20/35 Index (Net) (USD). Both are passively managed. Over the past 3 years, WDTE.L returned 23.22%/yr vs 37.69%/yr for IDTW.L. A 0.66 correlation means they provide meaningful diversification when combined. WDTE.L charges 0.18%/yr vs 0.74%/yr for IDTW.L.

Performance

WDTE.L vs. IDTW.L - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Invesco S&P World Information Technology ESG UCITS ETF Acc (WDTE.L) and iShares MSCI Taiwan UCITS ETF USD (Dist) (IDTW.L). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, WDTE.L achieves a 8.48% return, which is significantly lower than IDTW.L's 51.77% return.

WDTE.L

• 1D: 0.00%
• 1M: -4.11%
• 6M: 9.36%
• YTD: 8.48%
• 1Y: 18.33%
• 3Y*: 23.22%
• 5Y*: —
• 10Y*: —

IDTW.L

• 1D: -3.99%
• 1M: -10.58%
• 6M: 42.72%
• YTD: 51.77%
• 1Y: 73.35%
• 3Y*: 37.69%
• 5Y*: 18.84%
• 10Y*: 19.92%

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

WDTE.L vs. IDTW.L - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023
WDTE.L Invesco S&P World Information Technology ESG UCITS ETF Acc	8.48%	18.89%	34.72%	34.92%
IDTW.L iShares MSCI Taiwan UCITS ETF USD (Dist)	51.77%	31.78%	23.61%	14.06%

Correlation

The correlation between WDTE.L and IDTW.L is 0.71, 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	0.71
Correlation (3Y) Calculated over the trailing 3-year period	0.66
Correlation (All Time) Calculated using the full available price history since Apr 12, 2023	0.66

The correlation between WDTE.L and IDTW.L has been stable across timeframes, ranging from 0.66 to 0.71 - a consistent structural relationship.

Return for Risk

WDTE.L vs. IDTW.L — Risk / Return Rank

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

WDTE.L

WDTE.L Risk / Return Rank: 29
WDTE.L Sharpe Ratio Rank: 30
WDTE.L Sortino Ratio Rank: 30
WDTE.L Omega Ratio Rank: 29
WDTE.L Calmar Ratio Rank: 28
WDTE.L Martin Ratio Rank: 27

IDTW.L

IDTW.L Risk / Return Rank: 91
IDTW.L Sharpe Ratio Rank: 93
IDTW.L Sortino Ratio Rank: 88
IDTW.L Omega Ratio Rank: 89
IDTW.L Calmar Ratio Rank: 94
IDTW.L Martin Ratio Rank: 92

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.

WDTE.L vs. IDTW.L - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Invesco S&P World Information Technology ESG UCITS ETF Acc (WDTE.L) and iShares MSCI Taiwan UCITS ETF USD (Dist) (IDTW.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.

	WDTE.L	IDTW.L	Difference
Sharpe ratio: Return per unit of total volatility	0.85	2.58	-1.73
Sortino ratio: Return per unit of downside risk	1.29	3.18	-1.89
Omega ratio: Gain probability vs. loss probability	1.16	1.43	-0.27
Calmar ratio: Return relative to maximum drawdown	1.07	5.05	-3.98
Martin ratio: Return relative to average drawdown	2.84	16.48	-13.64

WDTE.L vs. IDTW.L - Sharpe Ratio Comparison

The current WDTE.L Sharpe Ratio is 0.85, which is lower than the IDTW.L Sharpe Ratio of 2.58. The chart below compares the historical Sharpe Ratios of WDTE.L and IDTW.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.

Drawdowns

WDTE.L vs. IDTW.L - Drawdown Comparison

The maximum WDTE.L drawdown since its inception was -25.54%, smaller than the maximum IDTW.L drawdown of -60.07%. Use the drawdown chart below to compare losses from any high point for WDTE.L and IDTW.L.

Drawdown Indicators

	WDTE.L	IDTW.L	Difference
Max Drawdown Largest peak-to-trough decline	-25.54%	-60.07%	+34.53%
Max Drawdown (1Y) Largest decline over 1 year	-17.07%	-14.46%	-2.61%
Max Drawdown (3Y) Largest decline over 3 years	-25.54%	-28.24%	+2.70%
Max Drawdown (5Y) Largest decline over 5 years	—	-40.98%	—
Max Drawdown (10Y) Largest decline over 10 years	—	-40.98%	—
Current Drawdown Current decline from peak	-10.79%	-14.46%	+3.67%
Average Drawdown Average peak-to-trough decline	-4.41%	-12.59%	+8.18%
Ulcer Index Depth and duration of drawdowns from previous peaks	6.43%	4.44%	+1.99%

Volatility

WDTE.L vs. IDTW.L - Volatility Comparison

The current volatility for Invesco S&P World Information Technology ESG UCITS ETF Acc (WDTE.L) is 7.59%, while iShares MSCI Taiwan UCITS ETF USD (Dist) (IDTW.L) has a volatility of 12.06%. This indicates that WDTE.L experiences smaller price fluctuations and is considered to be less risky than IDTW.L based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	WDTE.L	IDTW.L	Difference
Volatility (1M) Calculated over the trailing 1-month period	7.59%	12.06%	-4.47%
Volatility (6M) Calculated over the trailing 6-month period	18.01%	24.76%	-6.75%
Volatility (1Y) Calculated over the trailing 1-year period	21.47%	28.27%	-6.80%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	22.08%	23.97%	-1.89%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	22.08%	22.41%	-0.33%

WDTE.L vs. IDTW.L - Expense Ratio Comparison

WDTE.L has a 0.18% expense ratio, which is lower than IDTW.L's 0.74% expense ratio.

Dividends

WDTE.L vs. IDTW.L - Dividend Comparison

WDTE.L has not paid dividends to shareholders, while IDTW.L's dividend yield for the trailing twelve months is around 0.99%.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
IDTW.L iShares MSCI Taiwan UCITS ETF USD (Dist)	0.99%	1.51%	1.43%	2.09%	3.39%	1.35%	1.73%	2.15%	2.78%	2.70%	3.10%	3.33%
WDTE.L Invesco S&P World Information Technology ESG UCITS ETF 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

Can I hold both WDTE.L and IDTW.L in my portfolio?

WDTE.L and IDTW.L have a correlation of 0.71, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, WDTE.L or IDTW.L?

On fees, WDTE.L is cheaper at 0.18% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, WDTE.L or IDTW.L?

WDTE.L is cheaper with a 0.18% expense ratio, compared with 0.74% for IDTW.L.

What is the main difference between WDTE.L and IDTW.L?

WDTE.L tracks S&P World ESG Enhanced Information Technology Index, while IDTW.L tracks MSCI Taiwan 20/35 Index (Net) (USD). They also come from different issuers: Invesco and iShares. Their fees differ too: 0.18% for WDTE.L and 0.74% for IDTW.L.