The iShares Core MSCI World UCITS ETF USD (IWDA) tracks the MSCI World Index which includes medium to large companies (1,430 in total) in 23 developed markets. The index covers approximately 85% of the free float-adjusted market capitalization in each country.
IWDA average annual return
As of this writing, the IWDA average annual return, in the last 10 years, has been +11.04%. If you consider the inception date of the IWDA underlying index (2000), the average annual return has been 5.96%.
In this table, you will find the return of IWDA as of July 31st, 2024:
| Period | Cumulative return | Annualised return |
| YTD | +16.02% | – |
| 1 year | +15.90% | +15.90% |
| 3 years | +24.05% | +7.45% |
| 5 years | +76.41% | +12.02% |
| 10 years | +285.09% | +11.04% |
| All-time (since Dec 2000)* | +393.56% | +5.96% |
Source: msci.com; finance.yahoo.com
*This return comes from the MSCI World Index, which is the index that the IWDA ETF tracks. This underlying index was created before the IWDA, which was inception in September 2009. The actual return would have been slightly lower due to the IWDA’s 0.20% expense ratio.
Returns per calendar year:
| Year | Return |
| 2024 YTD | +16.02% |
| 2023 | +18.41% |
| 2022 | -13.30% |
| 2021 | +31.70% |
| 2020 | +5.90% |
| 2019 | +29.90% |
| 2018 | -4.60% |
| 2017 | +7.40% |
| 2016 | +10.80% |
| 2015 | +10.30% |
| 2014 | +19.00% |
| 2013 | +21.00% |
| 2012 | +13.40% |
| 2011 | -2.60% |
| 2010 | +20.30% |
| 2009 | +25.30% |
| 2008* | -39.08% |
| 2007* | -3.41% |
| 2006* | +5.51% |
| 2005* | +23.95% |
| 2004* | +4.71% |
| 2003* | +8.83% |
| 2002* | -33.02% |
| 2001* | -13.36% |
Source: msci.com; ishares.com
*These returns come from the underlying index of the IWDA: MSCI World Index. Keep in mind that the IWDA did not exist prior to September 2009.
What does this mean?
Using the 10-year period as an example:
If a European invested €1,000 in the IWDA on July 31st, 2014, he/she should expect a final value of €2,849.66 on July 31st, 2024.
Calculation methodology
We got data from ishares.com, MSCI.com and finance.yahoo.com. Each link is a direct source.
For years prior to September 2009, we have used the benchmark (MSCI World Index) returns as a baseline. Taking into account that the IWDA has an expense ratio of 0.20%, you could deduct that fee from the returns of the years where there was no ETF tracking the MSCI World Index.
Bottom line
In this article, we have explored the IWDA returns in different periods. If you want to check the latest IWDA factsheet, please follow this link.
Did you find any inaccurate information? Please do let us know!
Franklin has three years of experience in Wealth Management as a Fund Research Analyst, has passed the CFA level II, and is the host of the "Edge Over Hedge" YouTube channel.
