Developed-world stocks (cheaper)
Exactly the same idea as the iShares developed-world fund above: about 1,500 companies across 23 wealthy countries, just from a different provider (SPDR) and with a cheaper fee. Fewer years of trading history because it only launched in 2019.
Returns shown in USD (your base currency). Past performance is not a reliable guide to future results.
- Cheaper fee than the iShares equivalent (0.12% vs 0.20%)
- Identical underlying holdings: same diversification benefit
- Reinvests dividends automatically for compounding
- Shorter track record: only listed in 2019
- Slightly less liquid than the iShares version
- Still 70% US: same concentration as IWDA
About this fund
Same index as IWDA.L (MSCI World) but with a lower TER. Slightly shorter track record (listed 2019). Good choice if you want minimum fees on a world tracker.
Alternatives to SWRD
Other funds tracking MSCI World, plus close substitutes. Cheapest first.
Available on Interactive Brokers
Low-cost access to Developed-world stocks (cheaper) and 10,000+ funds worldwide.
Frequently asked questions
Is SWRD.L accumulating or distributing?
SPDR MSCI World UCITS ETF (SWRD.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 SWRD.L?
SWRD.L has a total expense ratio (TER) of 0.12% per year. On a $10,000 holding that is roughly $12 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 SWRD.L on Interactive Brokers?
Yes. SWRD.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 SWRD.L invest in?
SPDR MSCI World UCITS ETF (SWRD.L) tracks the MSCI World. Exactly the same idea as the iShares developed-world fund above: about 1,500 companies across 23 wealthy countries, just from a different provider (SPDR) and with a cheaper fee. You buy one fund and get the whole basket in a single trade.
Is SWRD.L a UCITS ETF, and where is it domiciled?
Yes, SWRD.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 SWRD.L?
On the TickerCompare 1 to 5 scale, SWRD.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.