WPAD.AS vs. IWRD.L
Compare and contrast key facts about iShares MSCI World Paris-Aligned Climate UCITS ETF (WPAD.AS) and iShares MSCI World UCITS (IWRD.L).
WPAD.AS and IWRD.L 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. IWRD.L is a passively managed fund by iShares that tracks the performance of the MSCI ACWI NR USD. It was launched on Oct 28, 2005. Both WPAD.AS and IWRD.L 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: WPAD.AS or IWRD.L.
Key characteristics
| WPAD.AS | IWRD.L | |
|---|---|---|
| YTD Return | 20.65% | 20.20% |
| 1Y Return | 32.89% | 26.83% |
| 3Y Return (Ann) | 10.72% | 9.05% |
| Sharpe Ratio | 2.43 | 2.62 |
| Sortino Ratio | 3.27 | 3.67 |
| Omega Ratio | 1.45 | 1.50 |
| Calmar Ratio | 2.22 | 4.27 |
| Martin Ratio | 13.32 | 18.78 |
| Ulcer Index | 2.86% | 1.40% |
| Daily Std Dev | 13.80% | 10.00% |
| Max Drawdown | -29.33% | -37.12% |
| Current Drawdown | -0.76% | 0.00% |
Correlation
The correlation between WPAD.AS and IWRD.L is 0.43, 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.
Performance
WPAD.AS vs. IWRD.L - Performance Comparison
The year-to-date returns for both stocks are quite close, with WPAD.AS having a 20.65% return and IWRD.L slightly lower at 20.20%. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
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WPAD.AS vs. IWRD.L - Expense Ratio Comparison
WPAD.AS has a 0.20% expense ratio, which is lower than IWRD.L's 0.50% expense ratio.
Risk-Adjusted Performance
WPAD.AS vs. IWRD.L - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for iShares MSCI World Paris-Aligned Climate UCITS ETF (WPAD.AS) and iShares MSCI World UCITS (IWRD.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.
Dividends
WPAD.AS vs. IWRD.L - Dividend Comparison
WPAD.AS's dividend yield for the trailing twelve months is around 1.08%, less than IWRD.L's 1.36% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
WPAD.AS iShares MSCI World Paris-Aligned Climate UCITS ETF | 1.08% | 1.23% | 1.48% | 0.28% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
IWRD.L iShares MSCI World UCITS | 1.36% | 1.65% | 1.76% | 1.41% | 1.55% | 2.13% | 2.39% | 2.13% | 2.18% | 2.72% | 2.63% | 2.82% |
Drawdowns
WPAD.AS vs. IWRD.L - Drawdown Comparison
The maximum WPAD.AS drawdown since its inception was -29.33%, smaller than the maximum IWRD.L drawdown of -37.12%. Use the drawdown chart below to compare losses from any high point for WPAD.AS and IWRD.L. For additional features, visit the drawdowns tool.
Volatility
WPAD.AS vs. IWRD.L - Volatility Comparison
iShares MSCI World Paris-Aligned Climate UCITS ETF (WPAD.AS) has a higher volatility of 3.17% compared to iShares MSCI World UCITS (IWRD.L) at 2.90%. This indicates that WPAD.AS's price experiences larger fluctuations and is considered to be riskier than IWRD.L based on this measure. The chart below showcases a comparison of their rolling one-month volatility.