Developed-world stocks
One fund that owns about 1,500 large companies across 23 wealthy countries: the US, Europe, Japan, Australia and others. The US still dominates at roughly 70% of the fund because American companies are by far the most valuable. A solid 'one and done' core for a long-term portfolio.
Returns shown in USD (your base currency). Past performance is not a reliable guide to future results.
- Owns 1,500+ companies across the developed world
- Most popular single-fund core for everyday investors
- Auto-reinvests dividends: no admin on your side
- Still 70% US-weighted, so not as diversified as it looks
- Skips emerging markets entirely: no China, India, Brazil
- Slightly pricier than the SPDR version (0.20% vs 0.12%)
About this fund
Tracks the MSCI World index - developed markets only (no emerging). The default 'world ex-EM' building block for non-US investors on IBKR. Around 70% US-weighted by market cap.
Alternatives to IWDA
Other funds tracking MSCI World, plus close substitutes. Cheapest first.
Available on Interactive Brokers
Low-cost access to Developed-world stocks and 10,000+ funds worldwide.
Frequently asked questions
Is IWDA.L accumulating or distributing?
iShares Core MSCI World UCITS ETF (IWDA.L) is an accumulating ETF, so its dividends are reinvested automatically inside the fund instead of paid out as cash. The value compounds in the share price, which keeps things simple since the dividends are reinvested for you instead of arriving as cash you would otherwise have to reinvest yourself.
What is the annual fee (TER) for IWDA.L?
IWDA.L has a total expense ratio (TER) of 0.20% per year. On a $10,000 holding that is roughly $20 a year, charged inside the fund rather than billed to you separately. A lower fee leaves more of the return compounding for you over time.
Can I buy IWDA.L on Interactive Brokers?
Yes. IWDA.L trades on LSE, USD and is available to investors worldwide through Interactive Brokers (IBKR). IBKR is the most popular way to buy UCITS ETFs because of its low FX conversion cost (around 0.03%) and low trading commissions.
What does IWDA.L invest in?
iShares Core MSCI World UCITS ETF (IWDA.L) tracks the MSCI World. One fund that owns about 1,500 large companies across 23 wealthy countries: the US, Europe, Japan, Australia and others. You buy one fund and get the whole basket in a single trade.
Is IWDA.L a UCITS ETF, and where is it domiciled?
Yes, IWDA.L is a UCITS ETF domiciled in Ireland. For non-US investors, Irish-domiciled UCITS ETFs are usually preferred over US-domiciled ones: US dividend withholding tax is 15% under the tax treaty (versus 30% on US-domiciled funds for many non-US investors), and the holdings sit outside US estate tax.
How risky is IWDA.L?
On the TickerCompare 1 to 5 scale, IWDA.L is rated medium risk (3/5), based on how much its price has moved historically. Higher-risk funds can fall further in a downturn, so match the choice to your time horizon and how much volatility you can stomach.