WQDV.L vs. IGF

Last updated Jun 21, 2026

WQDV.L (iShares MSCI World Quality Dividend ESG UCITS ETF USD (Dist)) and IGF (iShares Global Infrastructure ETF) are both exchange-traded funds - WQDV.L is a Global Equities fund tracking the MSCI World High Dividend Yield ESG Reduced Carbon Target Select Index, while IGF is a Industrials Equities fund tracking the S&P Global Infrastructure Index (Net). Both are passively managed. Over the past 5 years, WQDV.L returned 12.29%/yr vs 10.85%/yr for IGF. At a 0.47 correlation, their price movements are largely independent. WQDV.L charges 0.38%/yr vs 0.39%/yr for IGF.

Performance

WQDV.L vs. IGF - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in iShares MSCI World Quality Dividend ESG UCITS ETF USD (Dist) (WQDV.L) and iShares Global Infrastructure ETF (IGF). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, WQDV.L achieves a 13.76% return, which is significantly higher than IGF's 9.67% return.

WQDV.L

• 1D: 0.00%
• 1M: 1.40%
• YTD: 13.76%
• 6M: 14.45%
• 1Y: 31.16%
• 3Y*: 18.65%
• 5Y*: 12.29%
• 10Y*: —

IGF

• 1D: 0.58%
• 1M: -0.16%
• YTD: 9.67%
• 6M: 10.73%
• 1Y: 18.46%
• 3Y*: 15.62%
• 5Y*: 10.85%
• 10Y*: 8.40%

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

WQDV.L vs. IGF - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
WQDV.L iShares MSCI World Quality Dividend ESG UCITS ETF USD (Dist)	13.76%	24.16%	9.75%	17.23%	-6.95%	16.00%	-0.07%	22.73%	-7.80%	8.45%
IGF iShares Global Infrastructure ETF	9.67%	21.31%	14.81%	6.14%	-1.26%	11.57%	-6.50%	25.82%	-9.95%	3.62%

Correlation

The correlation between WQDV.L and IGF is 0.36, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.36
Correlation (3Y) Calculated over the trailing 3-year period	0.38
Correlation (5Y) Calculated over the trailing 5-year period	0.45
Correlation (All Time) Calculated using the full available price history since Jun 12, 2017	0.47

The correlation between WQDV.L and IGF shifts across timeframes, from 0.36 (1 year) to 0.47 (all time), reflecting how their relationship changes across market environments.

WQDV.L vs. IGF - Sectors Allocation Comparison

Sectors	WQDV.L	IGF
Technology	37.3%	-
Financial Services	16.0%	-
Healthcare	13.5%	-
Industrials	9.5%	40.6%
Consumer Cyclical	5.9%	-
Communication Services	5.5%	-
Consumer Defensive	4.1%	-
Energy	3.2%	19.6%
Utilities	2.9%	39.7%
Real Estate	1.1%	0.1%
Basic Materials	1.0%	-

Return for Risk

WQDV.L vs. IGF — Risk / Return Rank

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

WQDV.L

WQDV.L Risk / Return Rank: 84
WQDV.L Sharpe Ratio Rank: 86
WQDV.L Sortino Ratio Rank: 89
WQDV.L Omega Ratio Rank: 83
WQDV.L Calmar Ratio Rank: 81
WQDV.L Martin Ratio Rank: 80

IGF

IGF Risk / Return Rank: 55
IGF Sharpe Ratio Rank: 52
IGF Sortino Ratio Rank: 53
IGF Omega Ratio Rank: 50
IGF Calmar Ratio Rank: 65
IGF Martin Ratio Rank: 53

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.

WQDV.L vs. IGF - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for iShares MSCI World Quality Dividend ESG UCITS ETF USD (Dist) (WQDV.L) and iShares Global Infrastructure ETF (IGF). 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.

	WQDV.L	IGF	Difference
Sharpe ratio: Return per unit of total volatility	2.63	1.72	+0.91
Sortino ratio: Return per unit of downside risk	3.90	2.44	+1.46
Omega ratio: Gain probability vs. loss probability	1.47	1.31	+0.17
Calmar ratio: Return relative to maximum drawdown	4.05	3.10	+0.95
Martin ratio: Return relative to average drawdown	14.99	8.83	+6.16

WQDV.L vs. IGF - Sharpe Ratio Comparison

The current WQDV.L Sharpe Ratio is 2.63, which is higher than the IGF Sharpe Ratio of 1.72. The chart below compares the historical Sharpe Ratios of WQDV.L and IGF, 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

WQDV.L vs. IGF - Drawdown Comparison

The maximum WQDV.L drawdown since its inception was -33.16%, smaller than the maximum IGF drawdown of -58.33%. Use the drawdown chart below to compare losses from any high point for WQDV.L and IGF.

Drawdown Indicators

	WQDV.L	IGF	Difference
Max Drawdown Largest peak-to-trough decline	-33.16%	-58.33%	+25.17%
Max Drawdown (1Y) Largest decline over 1 year	-7.79%	-5.87%	-1.92%
Max Drawdown (3Y) Largest decline over 3 years	-14.03%	-14.28%	+0.25%
Max Drawdown (5Y) Largest decline over 5 years	-21.24%	-20.83%	-0.41%
Max Drawdown (10Y) Largest decline over 10 years	—	-42.11%	—
Current Drawdown Current decline from peak	-1.05%	-2.99%	+1.94%
Average Drawdown Average peak-to-trough decline	-4.27%	-11.85%	+7.58%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.11%	2.06%	+0.05%

Volatility

WQDV.L vs. IGF - Volatility Comparison

iShares MSCI World Quality Dividend ESG UCITS ETF USD (Dist) (WQDV.L) and iShares Global Infrastructure ETF (IGF) have volatilities of 3.61% and 3.45%, 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

	WQDV.L	IGF	Difference
Volatility (1M) Calculated over the trailing 1-month period	3.61%	3.45%	+0.16%
Volatility (6M) Calculated over the trailing 6-month period	9.39%	8.73%	+0.66%
Volatility (1Y) Calculated over the trailing 1-year period	12.08%	10.57%	+1.51%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	13.90%	13.97%	-0.07%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	14.66%	16.83%	-2.17%

WQDV.L vs. IGF - Expense Ratio Comparison

WQDV.L has a 0.38% expense ratio, which is lower than IGF's 0.39% expense ratio.

Dividends

WQDV.L vs. IGF - Dividend Comparison

WQDV.L's dividend yield for the trailing twelve months is around 1.81%, less than IGF's 2.91% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
IGF iShares Global Infrastructure ETF	2.91%	3.23%	3.21%	3.36%	2.67%	2.42%	2.33%	3.27%	3.52%	2.95%	2.98%	3.25%
WQDV.L iShares MSCI World Quality Dividend ESG UCITS ETF USD (Dist)	1.81%	2.31%	2.58%	2.78%	2.95%	2.75%	2.81%	3.01%	3.28%	0.77%	0.00%	0.00%

Frequently Asked Questions

Can I hold both WQDV.L and IGF in my portfolio?

WQDV.L and IGF have a correlation of 0.36, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, WQDV.L or IGF?

On fees, WQDV.L is cheaper at 0.38% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, WQDV.L or IGF?

WQDV.L is cheaper with a 0.38% expense ratio, compared with 0.39% for IGF.

What is the main difference between WQDV.L and IGF?

WQDV.L is categorized as Global Equities, while IGF is Industrials Equities. WQDV.L tracks MSCI World High Dividend Yield ESG Reduced Carbon Target Select Index, while IGF tracks S&P Global Infrastructure Index (Net). Their fees differ too: 0.38% for WQDV.L and 0.39% for IGF.