ETF comparison

IWDA vs SWRD

iShares Core MSCI World UCITS ETF
IE00B4L5Y983iShares
State Street® SPDR® MSCI World UCITS ETF (Acc)
IE00BFY0GT14State Street
Figures as of October 1, 2026 (IWDA) · October 2, 2026 (SWRD)

The comparison in short

IWDA (iShares Core MSCI World UCITS ETF, IE00B4L5Y983) and SWRD (State Street® SPDR® MSCI World UCITS ETF (Acc), IE00BFY0GT14) both track the MSCI World index. SWRD has the lower total expense ratio (TER): 0.12% a year against 0.20% for IWDA, 0.08 percentage points less, or about 8 a year on 10,000 invested. IWDA is the larger fund, with USD 152.1bn in assets against USD 22.5bn for SWRD, about 6.8 times the size. IWDA reports 1,250 holdings and SWRD 1,241. 9 of the holdings published by IWDA (top 10) and SWRD (top 10) appear in both lists; measured on those published positions only, the overlap is at least 27.8%. Shared holdings include NVIDIA, APPLE, MICROSOFT, ALPHABET CLASS A and AMAZON.COM INC. In 2025, IWDA and SWRD both returned +21.2%. Over 5 years, IWDA returned +11.8% a year and SWRD +12.1% a year. IWDA and SWRD both reinvest their income (accumulating share classes). IWDA and SWRD both hold the index securities directly (physical replication). Both are domiciled in Ireland. IWDA and SWRD both carry a risk indicator (SRRI) of 4 on the 1–7 scale. This is a factual comparison from the fund houses' documents, not investment advice.

Side by side

FigureIWDASWRD
ISINIE00B4L5Y983IE00BFY0GT14
Exchange tickersIWDA, SWDA, EUNLSWRD, SWLD, SPPW
Fund houseiSharesState Street
Total expense ratio (TER)0.20%0.12%
Ongoing charges (KID)0.20%0.12%
Fund sizeUSD 152.1bnUSD 22.5bn
Launch dateSeptember 25, 2009February 28, 2019
ReplicationPhysicalPhysical
DomicileIrelandIreland
Distribution policyAccumulatingAccumulating
Share class currencyUSDUSD
Number of holdings1,2501,241
Risk indicator (SRRI)4 / 74 / 7
SFDR classificationArticle 6—
BenchmarkMSCI World Index (Net)MSCI World Index

Performance

Calendar-year returns

YearIWDASWRDDifference
2025+21.2%+21.2%0.0
2024+18.7%+18.9%−0.2
2023+23.9%+24.0%−0.1
2022−18.0%−17.9%−0.1
2021+21.9%+22.0%−0.1
2020+15.9%+15.8%+0.1

Annualised returns

PeriodIWDASWRDDifference
1 year+14.6%+15.4%−0.8
3 years+21.6%+22.0%−0.4
5 years+11.8%+12.1%−0.3
Returns as published by each fund house, in each share class's currency and net of the fund's charges. The difference is in percentage points. Past performance does not predict future returns.

Holdings

9 of the holdings published by IWDA (top 10) and SWRD (top 10) appear in both lists; measured on those published positions only, the overlap is at least 27.8%. Shared holdings include NVIDIA, APPLE, MICROSOFT, ALPHABET CLASS A and AMAZON.COM INC.

Top 10 holdings of IWDA

#HoldingWeight
1
NVIDIAIn both
5.86%
2
APPLEIn both
5.36%
3
MICROSOFTIn both
4.00%
4
AMAZON.COM INCIn both
2.65%
5
ALPHABET CLASS AIn both
2.19%
6
META PLATFORMS CLASS AIn both
1.76%
7
ALPHABET CLASS CIn both
1.73%
8
BROADCOM INCIn both
1.72%
9
MICRON TECHNOLOGYIn both
1.37%
10
TESLA INCIn both
1.12%

Top 10 holdings of SWRD

#HoldingWeight
1
NVIDIA CorporationIn both
5.88%
2
Apple Inc.In both
5.38%
3
Microsoft CorporationIn both
4.01%
4
Amazon.com Inc.In both
2.66%
5
Alphabet Inc. Class AIn both
2.20%
6
Meta Platforms Inc Class AIn both
1.76%
7
Alphabet Inc. Class CIn both
1.73%
8
Broadcom Inc.In both
1.72%
9
Micron Technology Inc.In both
1.37%
10
Tesla Inc.In both
1.12%
Compare every published holding of IWDA and SWRD in the overlap checker

Sectors and countries

Largest sectors of IWDA

  1. Information Technology32.0%
  2. Financials15.6%
  3. Industrials10.8%
  4. Health Care9.1%
  5. Consumer Discretionary8.3%
  6. Communication8.2%
+ 4 more

Largest sectors of SWRD

  1. Information Technology32.1%
  2. Financials15.6%
  3. Industrials10.8%
  4. Health Care9.1%
  5. Consumer Discretionary8.4%
  6. Communication Services8.2%
+ 5 more

Largest countries of IWDA

  1. United States73.0%
  2. Japan6.0%
  3. Other5.0%
  4. United Kingdom3.3%
  5. Canada3.3%
  6. France2.2%
+ 4 more

Largest countries of SWRD

  1. United States73.3%
  2. Japan6.0%
  3. United Kingdom3.4%
  4. Canada3.3%
  5. France2.2%
  6. Switzerland2.1%
+ 4 more

Frequently asked questions

What is the difference between IWDA and SWRD?

IWDA (iShares Core MSCI World UCITS ETF, IE00B4L5Y983) and SWRD (State Street® SPDR® MSCI World UCITS ETF (Acc), IE00BFY0GT14) both track the MSCI World index. SWRD has the lower total expense ratio (TER): 0.12% a year against 0.20% for IWDA, 0.08 percentage points less, or about 8 a year on 10,000 invested. IWDA and SWRD both reinvest their income (accumulating share classes). IWDA and SWRD both hold the index securities directly (physical replication). Both are domiciled in Ireland. This is a factual comparison from the fund houses' documents, not investment advice.

Which is cheaper, IWDA or SWRD?

SWRD has the lower total expense ratio (TER): 0.12% a year against 0.20% for IWDA, 0.08 percentage points less, or about 8 a year on 10,000 invested. Their key information documents state ongoing charges of 0.20% for IWDA and 0.12% for SWRD.

Which is bigger, IWDA or SWRD?

IWDA is the larger fund, with USD 152.1bn in assets against USD 22.5bn for SWRD, about 6.8 times the size.

Do IWDA and SWRD hold the same companies?

9 of the holdings published by IWDA (top 10) and SWRD (top 10) appear in both lists; measured on those published positions only, the overlap is at least 27.8%. Shared holdings include NVIDIA, APPLE, MICROSOFT, ALPHABET CLASS A and AMAZON.COM INC.

How did IWDA and SWRD perform in 2025?

In 2025, IWDA and SWRD both returned +21.2%. Over 5 years, IWDA returned +11.8% a year and SWRD +12.1% a year. Over the past year, IWDA returned +14.6% and SWRD +15.4%. Past performance does not predict future returns.

Are IWDA and SWRD accumulating or distributing?

IWDA is accumulating: it reinvests its income in the fund. SWRD is accumulating: it reinvests its income in the fund.

Go further

Other comparisons

Figures are read from the documents each fund house publishes (product page, factsheet, key information document, holdings file) and refreshed weekly. Names and tickers identify the products; FundFacts API is independent of every fund house and index provider. This comparison is factual information, not investment advice or a recommendation to buy or sell either fund.