WPAD.AS vs. IGSG.AS

Last updated Apr 2, 2026

Compare and contrast key facts about iShares MSCI World Paris-Aligned Climate UCITS ETF (WPAD.AS) and iShares Dow Jones Global Sustainability Screened UCITS ETF (IGSG.AS).

WPAD.AS and IGSG.AS are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. WPAD.AS is a passively managed fund by iShares that tracks the performance of the MSCI ACWI NR USD. It was launched on Feb 22, 2021. IGSG.AS is a passively managed fund by iShares that tracks the performance of the MSCI ACWI NR USD. It was launched on Feb 25, 2011. Both WPAD.AS and IGSG.AS are passive ETFs, meaning that they are not actively managed but aim to replicate the performance of the underlying index as closely as possible.

Performance

WPAD.AS vs. IGSG.AS - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in iShares MSCI World Paris-Aligned Climate UCITS ETF (WPAD.AS) and iShares Dow Jones Global Sustainability Screened UCITS ETF (IGSG.AS). The values are adjusted to include any dividend payments, if applicable.

WPAD.AS vs. IGSG.AS - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021
WPAD.AS iShares MSCI World Paris-Aligned Climate UCITS ETF	-6.12%	19.02%	18.93%	24.83%	-22.07%	12.00%
IGSG.AS iShares Dow Jones Global Sustainability Screened UCITS ETF	-2.29%	23.17%	10.91%	26.18%	-17.94%	9.89%

Different Trading Currencies

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

Returns By Period

In the year-to-date period, WPAD.AS achieves a -6.12% return, which is significantly lower than IGSG.AS's -2.29% return.

WPAD.AS

• 1D: 2.88%
• 1M: -3.65%
• YTD: -6.12%
• 6M: -3.14%
• 1Y: 16.31%
• 3Y*: 15.52%
• 5Y*: —
• 10Y*: —

IGSG.AS

• 1D: 2.42%
• 1M: -5.14%
• YTD: -2.29%
• 6M: 0.50%
• 1Y: 19.36%
• 3Y*: 15.79%
• 5Y*: 9.61%
• 10Y*: 11.52%

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

WPAD.AS vs. IGSG.AS - Expense Ratio Comparison

WPAD.AS has a 0.20% expense ratio, which is lower than IGSG.AS's 0.60% expense ratio.

IGSG.AS

iShares Dow Jones Global Sustainability Screened UCITS ETF

WPAD.AS

iShares MSCI World Paris-Aligned Climate UCITS ETF

Return for Risk

WPAD.AS vs. IGSG.AS — Risk / Return Rank

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

WPAD.AS

WPAD.AS Risk / Return Rank: 49
WPAD.AS Sharpe Ratio Rank: 58
WPAD.AS Sortino Ratio Rank: 58
WPAD.AS Omega Ratio Rank: 57
WPAD.AS Calmar Ratio Rank: 33
WPAD.AS Martin Ratio Rank: 41

IGSG.AS

IGSG.AS Risk / Return Rank: 56
IGSG.AS Sharpe Ratio Rank: 36
IGSG.AS Sortino Ratio Rank: 35
IGSG.AS Omega Ratio Rank: 37
IGSG.AS Calmar Ratio Rank: 87
IGSG.AS Martin Ratio Rank: 88

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.

WPAD.AS vs. IGSG.AS - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for iShares MSCI World Paris-Aligned Climate UCITS ETF (WPAD.AS) and iShares Dow Jones Global Sustainability Screened UCITS ETF (IGSG.AS). 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.

	WPAD.AS	IGSG.AS	Difference
Sharpe ratio Return per unit of total volatility	1.08	1.20	-0.12
Sortino ratio Return per unit of downside risk	1.59	1.71	-0.12
Omega ratio Gain probability vs. loss probability	1.22	1.25	-0.03
Calmar ratio Return relative to maximum drawdown	0.95	2.91	-1.97
Martin ratio Return relative to average drawdown	4.21	11.87	-7.66
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

WPAD.AS vs. IGSG.AS - Sharpe Ratio Comparison

The current WPAD.AS Sharpe Ratio is 1.08, which is comparable to the IGSG.AS Sharpe Ratio of 1.20. The chart below compares the historical Sharpe Ratios of WPAD.AS and IGSG.AS, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

Sharpe Ratios by Period

	WPAD.AS	IGSG.AS	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	1.08	1.20	-0.12
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	—	0.62	—
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	—	0.66	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.65	0.09	+0.55

Correlation

The correlation between WPAD.AS and IGSG.AS is 0.55, 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.

Dividends

WPAD.AS vs. IGSG.AS - Dividend Comparison

WPAD.AS's dividend yield for the trailing twelve months is around 1.11%, while IGSG.AS has not paid dividends to shareholders.

	TTM	2025	2024	2023	2022	2021
WPAD.AS iShares MSCI World Paris-Aligned Climate UCITS ETF	1.11%	1.05%	1.10%	1.23%	1.48%	0.28%
IGSG.AS iShares Dow Jones Global Sustainability Screened UCITS ETF	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%

Drawdowns

WPAD.AS vs. IGSG.AS - Drawdown Comparison

The maximum WPAD.AS drawdown since its inception was -29.34%, smaller than the maximum IGSG.AS drawdown of -49.55%. Use the drawdown chart below to compare losses from any high point for WPAD.AS and IGSG.AS.

Drawdown Indicators

	WPAD.AS	IGSG.AS	Difference
Max Drawdown Largest peak-to-trough decline	-29.34%	-44.01%	+14.67%
Max Drawdown (1Y) Largest decline over 1 year	-11.33%	-12.50%	+1.17%
Max Drawdown (5Y) Largest decline over 5 years	—	-19.27%	—
Max Drawdown (10Y) Largest decline over 10 years	—	-32.91%	—
Current Drawdown Current decline from peak	-6.55%	-4.67%	-1.88%
Average Drawdown Average peak-to-trough decline	-6.60%	-11.89%	+5.29%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.95%	1.81%	+1.14%

Volatility

WPAD.AS vs. IGSG.AS - Volatility Comparison

iShares MSCI World Paris-Aligned Climate UCITS ETF (WPAD.AS) and iShares Dow Jones Global Sustainability Screened UCITS ETF (IGSG.AS) have volatilities of 5.47% and 5.31%, 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.

Volatility by Period

	WPAD.AS	IGSG.AS	Difference
Volatility (1M) Calculated over the trailing 1-month period	5.47%	5.31%	+0.16%
Volatility (6M) Calculated over the trailing 6-month period	9.14%	9.22%	-0.08%
Volatility (1Y) Calculated over the trailing 1-year period	16.36%	15.91%	+0.45%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	20.41%	15.27%	+5.14%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	20.41%	17.25%	+3.16%