Does IWDA include emerging markets?
No. The MSCI World only includes developed countries. Indices such as the MSCI ACWI (IUSQ) or the FTSE All-World (VWCE) also cover emerging markets.
IWDA: iShares Core MSCI World UCITS ETF (Accumulating)
IWDA tracks the MSCI World, which covers large and mid-sized companies in 23 developed countries. It does not include emerging markets. It is the largest MSCI World ETF in Europe and one of the most traded. It is accumulating: dividends are reinvested.
Fund data
- ISIN
- IE00B4L5Y983
- Issuer
- iShares
- Index
- MSCI World
- Dividends
- Accumulating (reinvests)
- Ongoing charges (TER)
- 0.20%
- Replication
- Physical, sampling
- Number of holdings
- 1,252
- Domicile
- Ireland
- Launch date
- 25 September 2009
- Fund base currency
- USD
- Listing used on this page
- IWDA.AS (EUR)
Market data
1-year return18.4%
2-year return30.5%
Annualised volatility14.1%
Maximum drawdown (2 years)-21.6%
Daily closes from Yahoo Finance in euros (IWDA.AS), data as of 23 October 2026. Past performance does not guarantee future results.
Two-year performance (base 100, in euros)
Drawdown from highs (2 years, in euros)
How far the ETF was below its previous high at each point: the depth and length of the falls a holder would have lived through.
Compared with VWCE it has no emerging markets, so it puts somewhat more weight on the United States. Compared with XDWD it tracks exactly the same index, with a different issuer and a slightly higher TER. Investors who want emerging markets alongside IWDA usually add a separate emerging-markets ETF.
Comparisons
Frequently asked questions
How much of IWDA is in the United States?
Around 70% of the index, because the MSCI World is weighted by market capitalisation and the world's largest companies are American.
Is IWDA in the LearnAImarkets model?
No. The model covers developed equities with ETFs such as SXR8 (US) and IMEU (Europe), which it can weight differently each month.