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WIGG.L vs. IWDA.L
Performance
Return for Risk
Drawdowns
Volatility
Dividends

WIGG.L vs. IWDA.L

Last updated Jun 5, 2026

WIGG.L (iShares Fallen Angels High Yield Corporate Bond UCITS ETF GBP Hedged (Dist)) and IWDA.L (iShares Core MSCI World UCITS ETF USD (Acc)) are both exchange-traded funds - WIGG.L is a High Yield Bonds fund tracking the ICE BofA Gbl HY Constnd TR HGBP, while IWDA.L is a Global Equities fund tracking the MSCI World Index (Net). Both are passively managed. Over the past 5 years, WIGG.L returned 2.72%/yr vs 13.06%/yr for IWDA.L. A 0.54 correlation means they provide meaningful diversification when combined. WIGG.L charges 0.55%/yr vs 0.20%/yr for IWDA.L.

Performance

WIGG.L vs. IWDA.L - Performance Comparison

The chart below illustrates the hypothetical performance of a £10,000 investment in iShares Fallen Angels High Yield Corporate Bond UCITS ETF GBP Hedged (Dist) (WIGG.L) and iShares Core MSCI World UCITS ETF USD (Acc) (IWDA.L). The values are adjusted to include any dividend payments, if applicable.

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Different Trading Currencies

WIGG.L is traded in GBP, while IWDA.L is traded in USD. To make them comparable, the IWDA.L values have been converted to GBP using the latest available exchange rates.

Returns By Period

In the year-to-date period, WIGG.L achieves a 1.47% return, which is significantly lower than IWDA.L's 10.28% return.

WIGG.L

1D
0.13%
1M
0.90%
YTD
1.47%
6M
1.71%
1Y
7.53%
3Y*
7.62%
5Y*
2.72%
10Y*
—

IWDA.L

1D
0.10%
1M
5.02%
YTD
10.28%
6M
10.21%
1Y
27.20%
3Y*
17.74%
5Y*
13.06%
10Y*
13.91%
*Multi-year figures are annualized to reflect compound growth (CAGR)

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

2026 (YTD)20252024202320222021202020192018
WIGG.L
iShares Fallen Angels High Yield Corporate Bond UCITS ETF GBP Hedged (Dist)		1.47%8.82%4.80%11.01%-12.90%4.06%13.22%14.56%-3.63%
IWDA.L
iShares Core MSCI World UCITS ETF USD (Acc)		10.28%12.41%21.19%18.05%-8.38%23.34%12.65%22.29%1.99%

Correlation

The correlation between WIGG.L and IWDA.L is 0.63, 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

0.63

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

0.52

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

0.54

Correlation (All Time)
Calculated using the full available price history since Apr 13, 2018

0.54

The correlation between WIGG.L and IWDA.L shifts across timeframes, from 0.52 (3 years) to 0.63 (1 year), reflecting how their relationship changes across market environments.

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

Sectors
WIGG.L
IWDA.L

Financial Services

100.0%
14.9%

Basic Materials

-

2.8%

Communication Services

-

9.3%

Consumer Cyclical

-

8.8%

Consumer Defensive

-

4.8%

Energy

-

3.9%

Healthcare

-

8.6%

Industrials

-

9.7%

Real Estate

-

1.2%

Technology

-

32.9%

Utilities

-

2.4%

Financial Services

WIGG.L
100.0%
IWDA.L
14.9%

Basic Materials

WIGG.L

-

IWDA.L
2.8%

Communication Services

WIGG.L

-

IWDA.L
9.3%

Consumer Cyclical

WIGG.L

-

IWDA.L
8.8%

Consumer Defensive

WIGG.L

-

IWDA.L
4.8%

Energy

WIGG.L

-

IWDA.L
3.9%

Healthcare

WIGG.L

-

IWDA.L
8.6%

Industrials

WIGG.L

-

IWDA.L
9.7%

Real Estate

WIGG.L

-

IWDA.L
1.2%

Technology

WIGG.L

-

IWDA.L
32.9%

Utilities

WIGG.L

-

IWDA.L
2.4%

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iShares Fallen Angels High Yield Corporate Bond UCITS ETF GBP Hedged (Dist)

iShares Core MSCI World UCITS ETF USD (Acc)

Often compared with WIGG.L:
WIGG.L vs. XGLE.LWIGG.L vs. NCYF.LWIGG.L vs. CVCG.LWIGG.L vs. SHYU.LWIGG.L vs. JNKS.LWIGG.L vs. HYFC.LWIGG.L vs. FAHY.L
Often compared with IWDA.L:
IWDA.L vs. VWCE.DEIWDA.L vs. SWDA.LIWDA.L vs. VWRP.LIWDA.L vs. VUAA.LIWDA.L vs. URTHIWDA.L vs. ACWI.LIWDA.L vs. SPY

Return for Risk

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

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.
WIGG.L
WIGG.L Risk / Return Rank: 5858
Overall Rank
WIGG.L Sharpe Ratio Rank: 6060
Sharpe Ratio Rank
WIGG.L Sortino Ratio Rank: 6565
Sortino Ratio Rank
WIGG.L Omega Ratio Rank: 6666
Omega Ratio Rank
WIGG.L Calmar Ratio Rank: 4444
Calmar Ratio Rank
WIGG.L Martin Ratio Rank: 5353
Martin Ratio Rank
IWDA.L
IWDA.L Risk / Return Rank: 6868
Overall Rank
IWDA.L Sharpe Ratio Rank: 6767
Sharpe Ratio Rank
IWDA.L Sortino Ratio Rank: 7373
Sortino Ratio Rank
IWDA.L Omega Ratio Rank: 6767
Omega Ratio Rank
IWDA.L Calmar Ratio Rank: 6464
Calmar Ratio Rank
IWDA.L Martin Ratio Rank: 7272
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.

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

This table presents a comparison of risk-adjusted performance metrics for iShares Fallen Angels High Yield Corporate Bond UCITS ETF GBP Hedged (Dist) (WIGG.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.

WIGG.LIWDA.LDifference
Sharpe ratioReturn per unit of total volatility
1.98
2.33

-0.36

Sortino ratioReturn per unit of downside risk
2.99
3.24

-0.26

Omega ratioGain probability vs. loss probability

1.39

1.44

-0.04

Calmar ratioReturn relative to maximum drawdown

2.13

4.25

-2.12

Martin ratioReturn relative to average drawdown

8.95

16.00

-7.06

Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

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

The current WIGG.L Sharpe Ratio is 1.98, which is comparable to the IWDA.L Sharpe Ratio of 2.33. The chart below compares the historical Sharpe Ratios of WIGG.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.

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Sharpe Ratios by Period

WIGG.LIWDA.LDifference

Sharpe Ratio (1Y)

Calculated over the trailing 1-year period

1.98

2.33

-0.36

Sharpe Ratio (5Y)

Calculated over the trailing 5-year period

0.46

0.90

-0.44

Sharpe Ratio (10Y)

Calculated over the trailing 10-year period

—

0.90

—

Sharpe Ratio (All Time)

Calculated using the full available price history

0.63

0.86

-0.23

Drawdowns

WIGG.L vs. IWDA.L - Drawdown Comparison

The maximum WIGG.L drawdown since its inception was -23.44%, smaller than the maximum IWDA.L drawdown of -26.18%. Use the drawdown chart below to compare losses from any high point for WIGG.L and IWDA.L.

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Drawdown Indicators

WIGG.LIWDA.LDifference

Max Drawdown

Largest peak-to-trough decline

-23.44%

-26.18%

+2.74%

Max Drawdown (1Y)

Largest decline over 1 year

-3.52%

-6.37%

+2.85%

Max Drawdown (3Y)

Largest decline over 3 years

-4.30%

-18.91%

+14.61%

Max Drawdown (5Y)

Largest decline over 5 years

-17.35%

-18.91%

+1.56%

Max Drawdown (10Y)

Largest decline over 10 years

—

-26.18%

—

Current Drawdown

Current decline from peak

-0.10%

-0.07%

-0.03%

Average Drawdown

Average peak-to-trough decline

-3.59%

-3.39%

-0.20%

Ulcer Index

Depth and duration of drawdowns from previous peaks

0.84%

1.70%

-0.86%

Volatility

WIGG.L vs. IWDA.L - Volatility Comparison

The current volatility for iShares Fallen Angels High Yield Corporate Bond UCITS ETF GBP Hedged (Dist) (WIGG.L) is 1.30%, while iShares Core MSCI World UCITS ETF USD (Acc) (IWDA.L) has a volatility of 3.39%. This indicates that WIGG.L experiences smaller price fluctuations and is considered to be less risky than IWDA.L based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

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Volatility by Period

WIGG.LIWDA.LDifference

Volatility (1M)

Calculated over the trailing 1-month period

1.30%

3.39%

-2.09%

Volatility (6M)

Calculated over the trailing 6-month period

2.97%

8.83%

-5.86%

Volatility (1Y)

Calculated over the trailing 1-year period

3.80%

11.60%

-7.80%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

5.92%

14.49%

-8.57%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

7.44%

15.51%

-8.07%

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

WIGG.L has a 0.55% expense ratio, which is higher than IWDA.L's 0.20% expense ratio.

Dividends

WIGG.L vs. IWDA.L - Dividend Comparison

WIGG.L's dividend yield for the trailing twelve months is around 6.92%, while IWDA.L has not paid dividends to shareholders.

PositionTTM20252024202320222021202020192018
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%
WIGG.L
iShares Fallen Angels High Yield Corporate Bond UCITS ETF GBP Hedged (Dist)		6.92%5.58%5.74%5.08%4.47%3.89%4.24%4.53%3.28%

Frequently Asked Questions

WIGG.L and IWDA.L have a correlation of 0.63, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

On fees, IWDA.L is cheaper at 0.20% per year. The better choice depends on whether you care most about return, fees, risk, or income.

IWDA.L is cheaper with a 0.20% expense ratio, compared with 0.55% for WIGG.L.

WIGG.L is categorized as High Yield Bonds, while IWDA.L is Global Equities. WIGG.L tracks ICE BofA Gbl HY Constnd TR HGBP, while IWDA.L tracks MSCI World Index (Net). Their fees differ too: 0.55% for WIGG.L and 0.20% for IWDA.L.

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