XAIX vs. IWDA.AS

Last updated Jun 9, 2026

XAIX (Xtrackers Artificial Intelligence and Big Data ETF) and IWDA.AS (iShares Core MSCI World UCITS ETF USD (Acc)) are both exchange-traded funds - XAIX is a Technology Equities fund tracking the Nasdaq Global Artificial Intelligence and Big Data Index, while IWDA.AS is a Global Equities fund tracking the MSCI World Index. Both are passively managed. Over the past year, XAIX returned 54.71% vs 25.58% for IWDA.AS. A 0.58 correlation means they provide meaningful diversification when combined. XAIX charges 0.35%/yr vs 0.20%/yr for IWDA.AS.

Performance

XAIX vs. IWDA.AS - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Xtrackers Artificial Intelligence and Big Data ETF (XAIX) and iShares Core MSCI World UCITS ETF USD (Acc) (IWDA.AS). The values are adjusted to include any dividend payments, if applicable.

Different Trading Currencies

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

Returns By Period

In the year-to-date period, XAIX achieves a 30.20% return, which is significantly higher than IWDA.AS's 9.79% return.

XAIX

• 1D: 2.48%
• 1M: 5.11%
• YTD: 30.20%
• 6M: 30.19%
• 1Y: 54.71%
• 3Y*: —
• 5Y*: —
• 10Y*: —

IWDA.AS

• 1D: 0.07%
• 1M: 2.12%
• YTD: 9.79%
• 6M: 10.59%
• 1Y: 25.58%
• 3Y*: 20.73%
• 5Y*: 11.83%
• 10Y*: 13.07%

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

XAIX vs. IWDA.AS - Yearly Performance Comparison

	2026 (YTD)	2025	2024
XAIX Xtrackers Artificial Intelligence and Big Data ETF	30.20%	29.05%	15.47%
IWDA.AS iShares Core MSCI World UCITS ETF USD (Acc)	9.79%	21.46%	9.05%

Correlation

The correlation between XAIX and IWDA.AS is 0.61, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.61
Correlation (All Time) Calculated using the full available price history since Aug 5, 2024	0.58

The correlation between XAIX and IWDA.AS has been stable across timeframes, ranging from 0.58 to 0.61 - a consistent structural relationship.

Return for Risk

XAIX vs. IWDA.AS — Risk / Return Rank

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

XAIX

XAIX Risk / Return Rank: 80
XAIX Sharpe Ratio Rank: 84
XAIX Sortino Ratio Rank: 76
XAIX Omega Ratio Rank: 80
XAIX Calmar Ratio Rank: 82
XAIX Martin Ratio Rank: 80

IWDA.AS

IWDA.AS Risk / Return Rank: 71
IWDA.AS Sharpe Ratio Rank: 66
IWDA.AS Sortino Ratio Rank: 67
IWDA.AS Omega Ratio Rank: 69
IWDA.AS Calmar Ratio Rank: 74
IWDA.AS Martin Ratio Rank: 77

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.

XAIX vs. IWDA.AS - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Xtrackers Artificial Intelligence and Big Data ETF (XAIX) and iShares Core MSCI World UCITS ETF USD (Acc) (IWDA.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.

	XAIX	IWDA.AS	Difference
Sharpe ratio: Return per unit of total volatility	2.45	2.22	+0.23
Sortino ratio: Return per unit of downside risk	3.04	3.27	-0.24
Omega ratio: Gain probability vs. loss probability	1.43	1.40	+0.03
Calmar ratio: Return relative to maximum drawdown	3.92	3.05	+0.88
Martin ratio: Return relative to average drawdown	14.14	13.16	+0.98
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

XAIX vs. IWDA.AS - Sharpe Ratio Comparison

The current XAIX Sharpe Ratio is 2.45, which is comparable to the IWDA.AS Sharpe Ratio of 2.22. The chart below compares the historical Sharpe Ratios of XAIX and IWDA.AS, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Sharpe Ratios by Period

	XAIX	IWDA.AS	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	2.45	2.22	+0.23
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	—	0.75	—
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	—	0.81	—
Sharpe Ratio (All Time) Calculated using the full available price history	1.81	0.68	+1.13

Drawdowns

XAIX vs. IWDA.AS - Drawdown Comparison

The maximum XAIX drawdown since its inception was -23.95%, smaller than the maximum IWDA.AS drawdown of -34.11%. Use the drawdown chart below to compare losses from any high point for XAIX and IWDA.AS.

Drawdown Indicators

	XAIX	IWDA.AS	Difference
Max Drawdown Largest peak-to-trough decline	-23.95%	-34.11%	+10.16%
Max Drawdown (1Y) Largest decline over 1 year	-14.01%	-8.39%	-5.62%
Max Drawdown (3Y) Largest decline over 3 years	—	-17.83%	—
Max Drawdown (5Y) Largest decline over 5 years	—	-25.94%	—
Max Drawdown (10Y) Largest decline over 10 years	—	-34.11%	—
Current Drawdown Current decline from peak	-8.33%	-0.51%	-7.82%
Average Drawdown Average peak-to-trough decline	-3.51%	-4.64%	+1.13%
Ulcer Index Depth and duration of drawdowns from previous peaks	3.88%	1.95%	+1.93%

Volatility

XAIX vs. IWDA.AS - Volatility Comparison

Xtrackers Artificial Intelligence and Big Data ETF (XAIX) has a higher volatility of 12.81% compared to iShares Core MSCI World UCITS ETF USD (Acc) (IWDA.AS) at 2.94%. This indicates that XAIX's price experiences larger fluctuations and is considered to be riskier than IWDA.AS based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	XAIX	IWDA.AS	Difference
Volatility (1M) Calculated over the trailing 1-month period	12.81%	2.94%	+9.87%
Volatility (6M) Calculated over the trailing 6-month period	19.45%	8.59%	+10.86%
Volatility (1Y) Calculated over the trailing 1-year period	22.47%	11.51%	+10.96%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	24.10%	15.47%	+8.63%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	24.10%	15.80%	+8.30%

XAIX vs. IWDA.AS - Expense Ratio Comparison

XAIX has a 0.35% expense ratio, which is higher than IWDA.AS's 0.20% expense ratio.

Dividends

XAIX vs. IWDA.AS - Dividend Comparison

XAIX's dividend yield for the trailing twelve months is around 0.41%, while IWDA.AS has not paid dividends to shareholders.

Position	TTM	2025	2024
IWDA.AS iShares Core MSCI World UCITS ETF USD (Acc)	0.00%	0.00%	0.00%
XAIX Xtrackers Artificial Intelligence and Big Data ETF	0.41%	0.54%	0.08%

Frequently Asked Questions

Can I hold both XAIX and IWDA.AS in my portfolio?

XAIX and IWDA.AS have a correlation of 0.61, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, XAIX or IWDA.AS?

On fees, IWDA.AS is cheaper at 0.20% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, XAIX or IWDA.AS?

IWDA.AS is cheaper with a 0.20% expense ratio, compared with 0.35% for XAIX.

What is the main difference between XAIX and IWDA.AS?

XAIX is categorized as Technology Equities, while IWDA.AS is Global Equities. XAIX tracks Nasdaq Global Artificial Intelligence and Big Data Index, while IWDA.AS tracks MSCI World Index. They also come from different issuers: Xtrackers and iShares. Their fees differ too: 0.35% for XAIX and 0.20% for IWDA.AS.