WLDS.L vs. IYW
Compare and contrast key facts about iShares MSCI World Small Cap UCITS ETF (WLDS.L) and iShares U.S. Technology ETF (IYW).
WLDS.L and IYW are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. WLDS.L is a passively managed fund by iShares that tracks the performance of the MSCI World Small Cap Inde. It was launched on Mar 27, 2018. IYW is a passively managed fund by iShares that tracks the performance of the Dow Jones U.S. Technology Index. It was launched on May 19, 2000. Both WLDS.L and IYW are passive ETFs, meaning that they are not actively managed but aim to replicate the performance of the underlying index as closely as possible.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: WLDS.L or IYW.
Performance
WLDS.L vs. IYW - Performance Comparison
Returns By Period
In the year-to-date period, WLDS.L achieves a 9.72% return, which is significantly lower than IYW's 27.62% return.
WLDS.L
9.72%
1.81%
6.38%
-2.11%
8.20%
N/A
IYW
27.62%
0.75%
13.43%
35.33%
23.56%
20.55%
Key characteristics
| WLDS.L | IYW | |
|---|---|---|
| Sharpe Ratio | 1.53 | 1.66 |
| Sortino Ratio | 2.21 | 2.19 |
| Omega Ratio | 1.28 | 1.29 |
| Calmar Ratio | 1.05 | 2.18 |
| Martin Ratio | 7.62 | 7.53 |
| Ulcer Index | 2.68% | 4.66% |
| Daily Std Dev | 31.85% | 21.22% |
| Max Drawdown | -33.26% | -81.89% |
| Current Drawdown | -2.11% | -3.03% |
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WLDS.L vs. IYW - Expense Ratio Comparison
WLDS.L has a 0.35% expense ratio, which is lower than IYW's 0.42% expense ratio.
Correlation
The correlation between WLDS.L and IYW is 0.45, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.
Risk-Adjusted Performance
WLDS.L vs. IYW - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for iShares MSCI World Small Cap UCITS ETF (WLDS.L) and iShares U.S. Technology ETF (IYW). 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.
Dividends
WLDS.L vs. IYW - Dividend Comparison
WLDS.L has not paid dividends to shareholders, while IYW's dividend yield for the trailing twelve months is around 0.32%.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
WLDS.L iShares MSCI World Small Cap UCITS ETF | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
IYW iShares U.S. Technology ETF | 0.32% | 0.40% | 0.50% | 0.31% | 0.56% | 0.72% | 0.91% | 0.82% | 1.13% | 1.12% | 1.13% | 1.06% |
Drawdowns
WLDS.L vs. IYW - Drawdown Comparison
The maximum WLDS.L drawdown since its inception was -33.26%, smaller than the maximum IYW drawdown of -81.89%. Use the drawdown chart below to compare losses from any high point for WLDS.L and IYW. For additional features, visit the drawdowns tool.
Volatility
WLDS.L vs. IYW - Volatility Comparison
The current volatility for iShares MSCI World Small Cap UCITS ETF (WLDS.L) is 4.35%, while iShares U.S. Technology ETF (IYW) has a volatility of 6.51%. This indicates that WLDS.L experiences smaller price fluctuations and is considered to be less risky than IYW based on this measure. The chart below showcases a comparison of their rolling one-month volatility.