iShares Core MSCI World IWDA: Performance and Fee Structure of the Global ETF Classic in Detail

The iShares Core MSCI World UCITS ETF USD (Acc) with ticker IWDA is quoted at 141.44 EUR on 29 June 2026 and has recorded a value increase of 6.60% since the beginning of the year. The 12-month return stands at 5.12%. The fund replicates the MSCI World Index and focuses exclusively on developed markets.

Fee Structure and Tracking Efficiency

The annual total expense ratio (TER) of the IWDA is 0.20%. A TER is the sum of all ongoing costs of a fund, expressed as a percentage of average fund assets per year. The actual tracking difference, i.e. the deviation of the fund's return from the replicated index, is approximately -0.10% per year (as of 13 June 2026). The fund thus slightly outperforms its reference index, which according to analysis is due to tax-optimised swaps.

The 52-week range of the ETF extends from 117.28 EUR to 144.77 EUR. On 29 June 2026, the price moved within a daily range of 141.00 EUR to 141.44 EUR.

Differentiation from Alternatives Covering Emerging Markets

The IWDA differs from competing products such as the Vanguard FTSE All-World UCITS ETF (VWCE) through its focus on developed markets. While VWCE covers both developed and emerging markets, IWDA is limited to industrialised nations. An analysis from 13 June 2026 positions IWDA as a "core choice" for investors who want to specifically invest in developed markets.

The correlation between the iShares MSCI World UCITS ETF (IWRD.AS) and the Vanguard FTSE All-World UCITS ETF (VWRL.AS) is 0.55. A correlation value is a statistical measure of the relationship between two asset classes and ranges between -1 and +1. The value of 0.55 indicates a moderately positive relationship, which according to analysis offers acceptable diversification benefits for mixed portfolios.

Factor Profile According to Morningstar Methodology

Morningstar identifies seven central risk and return factors for the fund:

• Style: Provides information on the portfolio's growth orientation based on market expectations for future growth and required return
• Yield: Dividend and share buyback yield based on the past twelve months
• Momentum: Price performance of the past year compared to competitors, calculated from 12-month return minus 1-month return
• Quality: Profitability and leverage ratio, determined from the equally weighted return on equity of the past twelve months and the ratio of debt to capital
• Volatility: Maximum observed fluctuation range of long-term returns, measured as standard deviation of daily returns over the past twelve months
• Liquidity: Trading frequency based on 30-day stock turnover
• Size: Market capitalisation of included companies

Technical Signals and Forecast Models

A technical analysis expects an increase of 13.63% over the next three months. The 90% confidence interval for the three-month period is between 139.56 EUR and 144.92 EUR. In the short term, the moving average sends a sell signal, while the long-term average line shows a buy signal.

Risk Warnings

The official factsheet from 31 May 2026 notes that past performance does not guarantee future results. Investment value may fluctuate, and investors may not receive their originally invested amount back. Returns are not fixed and may vary. Exposure to foreign currencies leads to exchange rate risks, which may affect returns in the investor's base currency.