WKL.AS vs. URTH

Last updated Aug 1, 2026

WKL.AS (Wolters Kluwer N.V.) is a stock, while URTH (iShares MSCI World ETF) is Global Equities fund tracking the MSCI World Index (Net). Over the past 10 years, WKL.AS returned 8.17%/yr vs 12.69%/yr for URTH. Their 0.28 correlation means their historical movements had little consistent relationship.

Performance

WKL.AS vs. URTH - Performance Comparison

The chart below illustrates the hypothetical performance of a €10,000 investment in Wolters Kluwer N.V. (WKL.AS) and iShares MSCI World ETF (URTH). The values are adjusted to include any dividend payments, if applicable.

Different Trading Currencies

WKL.AS is traded in EUR, while URTH is traded in USD. To make them comparable, the URTH values have been converted to EUR using the latest available exchange rates.

Returns By Period

In the year-to-date period, WKL.AS achieves a -21.15% return, which is significantly lower than URTH's 12.29% return. Over the past 10 years, WKL.AS has underperformed URTH with an annualized return of 8.17%, while URTH has yielded a comparatively higher 12.69% annualized return.

WKL.AS

• 1D: -1.31%
• 1M: 18.67%
• 6M: -11.70%
• YTD: -21.15%
• 1Y: -48.62%
• 3Y*: -13.89%
• 5Y*: -4.87%
• 10Y*: 8.17%
• ALL TIME*: 8.75%

URTH

• 1D: 0.18%
• 1M: -0.61%
• 6M: 10.97%
• YTD: 12.29%
• 1Y: 19.40%
• 3Y*: 16.72%
• 5Y*: 11.94%
• 10Y*: 12.69%
• ALL TIME*: 13.00%

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

Liquidity Comparison

Position	Avg. Volume Value (2W)	Avg. Volume Value (1M)	Avg. Volume Value (3M)
URTH iShares MSCI World ETF	€69.67M	€75.21M	€124.62M
WKL.AS Wolters Kluwer N.V.	€84.61M	€72.55M	€76.21M

WKL.AS vs. URTH - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
WKL.AS Wolters Kluwer N.V.	-21.15%	-43.94%	26.48%	33.94%	-4.04%	52.60%	8.21%	27.93%	21.33%	29.00%
URTH iShares MSCI World ETF	12.29%	6.96%	26.49%	20.23%	-12.88%	31.42%	6.24%	31.04%	-4.27%	7.84%

Correlation

The correlation between WKL.AS and URTH is 0.06, meaning there was essentially no consistent relationship between their historical price movements. Each responded to its own set of market drivers.

	Correlation
Correlation (1Y) Focuses on recent behavior, but can change the most.	0.06
Correlation (3Y) Balances recent behavior with more history.	0.21
Correlation (5Y) Shows whether the relationship held over a longer period.	0.24
Correlation (10Y) Provides a long-term view across more market conditions.	0.27
Correlation (All Time) Calculated using the full available price history since Jan 12, 2012	0.29

Over the past year, the correlation between WKL.AS and URTH has dropped to 0.06 - well below their long-term average of 0.28, suggesting their price drivers have been diverging.

Return for Risk

WKL.AS vs. URTH — Risk / Return Rank

Compare historical risk-adjusted metric ranks over the past 12 months.

WKL.AS

WKL.AS Risk / Return Rank: 7
WKL.AS Sharpe Ratio Rank: 2
WKL.AS Sortino Ratio Rank: 3
WKL.AS Omega Ratio Rank: 4
WKL.AS Calmar Ratio Rank: 11
WKL.AS Martin Ratio Rank: 16

URTH

URTH Risk / Return Rank: 70
URTH Sharpe Ratio Rank: 71
URTH Sortino Ratio Rank: 69
URTH Omega Ratio Rank: 68
URTH Calmar Ratio Rank: 66
URTH Martin Ratio Rank: 78

The rank (0–100) uses a weighted average of the Sharpe, Sortino, Omega, Calmar, and Martin percentile ranks for the trailing 12 months. Higher means stronger historical risk-adjusted performance within the peer group.

WKL.AS vs. URTH - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Wolters Kluwer N.V. (WKL.AS) and iShares MSCI World ETF (URTH). 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.

	WKL.AS	URTH	Difference
Sharpe ratio: Return per unit of total volatility	-1.24	1.58	-2.81
Sortino ratio: Return per unit of downside risk	-1.95	2.10	-4.05
Omega ratio: Gain probability vs. loss probability	0.77	1.29	-0.53
Calmar ratio: Return relative to maximum drawdown	-0.85	2.97	-3.82
Martin ratio: Return relative to average drawdown	-1.19	12.15	-13.34

WKL.AS vs. URTH - Sharpe Ratio Comparison

The current WKL.AS Sharpe Ratio is -1.24, which is lower than the URTH Sharpe Ratio of 1.58. The chart below compares the historical Sharpe Ratios of WKL.AS and URTH, 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

WKL.AS vs. URTH - Drawdown Comparison

The maximum WKL.AS drawdown since its inception was -67.85%, which is greater than URTH's maximum drawdown of -33.45%. Use the drawdown chart below to compare losses from any high point for WKL.AS and URTH.

Drawdown Indicators

	WKL.AS	URTH	Difference
Max Drawdown Largest peak-to-trough decline	-67.85%	-33.45%	-34.40%
Max Drawdown (1Y) Largest decline over 1 year	-56.95%	-6.56%	-50.39%
Max Drawdown (3Y) Largest decline over 3 years	-67.85%	-20.94%	-46.91%
Max Drawdown (5Y) Largest decline over 5 years	-67.85%	-20.94%	-46.91%
Max Drawdown (10Y) Largest decline over 10 years	-67.85%	-33.45%	-34.40%
Current Drawdown Current decline from peak	-60.78%	-1.58%	-59.20%
Average Drawdown Average peak-to-trough decline	-13.92%	-4.07%	-9.85%
Ulcer Index Depth and duration of drawdowns from previous peaks	36.90%	1.62%	+35.28%

Volatility

WKL.AS vs. URTH - Volatility Comparison

Wolters Kluwer N.V. (WKL.AS) has a higher volatility of 15.42% compared to iShares MSCI World ETF (URTH) at 3.33%. This indicates that WKL.AS's price experiences larger fluctuations and is considered to be riskier than URTH based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	WKL.AS	URTH	Difference
Volatility (1M) Calculated over the trailing 1-month period	15.42%	3.33%	+12.09%
Volatility (6M) Calculated over the trailing 6-month period	32.74%	9.05%	+23.69%
Volatility (1Y) Calculated over the trailing 1-year period	38.96%	12.39%	+26.57%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	24.99%	15.44%	+9.55%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	22.44%	17.20%	+5.24%

Dividends

WKL.AS vs. URTH - Dividend Comparison

WKL.AS's dividend yield for the trailing twelve months is around 3.71%, more than URTH's 1.40% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
URTH iShares MSCI World ETF	1.40%	1.48%	1.47%	1.70%	1.68%	1.50%	1.52%	2.16%	2.30%	1.88%	2.15%	2.35%
WKL.AS Wolters Kluwer N.V.	3.71%	2.75%	1.37%	1.48%	1.70%	1.38%	1.82%	1.58%	1.92%	1.84%	2.21%	2.87%

Frequently Asked Questions

Can I hold both WKL.AS and URTH in my portfolio?

WKL.AS and URTH have a correlation of 0.06, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.