IWLD vs IHWL: Which ETF Is Better?
A side-by-side comparison of fees, size, returns and holdings, using data to 30 September 2026.
IWLD comes out ahead on 6 of 9 measures. Which matters most depends on you.
The short answer
Worth about $2,837 on $100,000 over 20 years.
Bigger funds usually trade more cheaply and are less likely to close.
IWLD vs IHWL side by side
| IWLD leads on 6, IHWL on 3 | IWLDiShares Core MSCI World All Cap ETF | IHWLiShares Core MSCI World ex Australia ESG Leaders ETF |
|---|---|---|
| The basics | ||
| Index tracked | See the PDS | MSCI World Ex Australia Custom ESG Leaders Index |
| Fund manager | iShares | iShares |
| Asset class | International shares | International shares |
| Listed | Apr 2016 | Apr 2016 |
| Cost and size | ||
| MERyearly fee, lower is better | 0.09%β | 0.13% |
| AUMfund size | $2.0bnβ | $1.1bn |
| Net flows (Sep)new money in, last month | $68mβ | $11m |
| Bid/ask spreadtrading cost, lower is better | 0.04% | 0.05% |
| Total returns | ||
| 1 month | +1.8%β | β0.6% |
| 1 year | +10.4% | +17.1%β |
| 3 years p.a. | +18.3% | +20.3%β |
| 5 years p.a. | +12.3%β | +11.0% |
| $10,000 invested | ||
| 1 year ago | $11,044 | $11,709β |
| 5 years ago | $17,863β | $16,862 |
β marks the better figure on each measure. Returns include distributions, to 30 September 2026.
IWLD vs IHWL price chart
Both ETFs on one chart as % change. Use the 1D to All buttons to change the period. Price only, so it leaves out distributions Β· TradingView
What $10,000 invested is worth now
$10,000 put into IWLD 5 years ago is worth $17,863 today, against $16,862 in IHWL. That is $1,001 more in IWLD.
Total returns to 30 September 2026, with distributions reinvested, before tax and brokerage. The price chart above leaves out distributions, so it can look worse. Past performance is not a reliable indicator of future performance.
What the fees cost you
IWLD's lower fee leaves about $2,837 more in your pocket over 20 years.
Total fees paid on a $100,000 investment, assuming a 7% a year return before fees. Illustration only: it ignores tax, brokerage and differences in returns.
IWLD and IHWL overlap
291 companies appear in both funds. Overlap is the share of the portfolio that is the same in both, counting the smaller weight of each shared company.
| Biggest shared holdings | % of IWLD | % of IHWL |
|---|---|---|
| 10.58% | 10.60% | |
| 8.29% | 8.30% | |
| 6.62% | 6.63% | |
| 2.57% | 2.58% | |
| 2.55% | 2.56% | |
| 1.85% | 1.85% | |
| 1.54% | 1.55% | |
| 1.38% | 1.38% | |
| 1.17% | 1.17% | |
| 1.17% | 1.17% | |
| 1.01% | 1.01% | |
| 0.93% | 0.93% |
Add more ETFs and see the overlap in Compare ETFs β
Best-endeavours estimate. Built from each issuer's published holdings, which may be weeks or months old, may cover only part of a fund (some publish only their top 10) and are matched by company name. Figures may be incomplete or inaccurate. Check the issuer's website and PDS before relying on them. General information only.
Get the full IWLD vs IHWL report
- Every holding of each ETF: the top 50 companies, with sectors and countries
- Exactly which companies they share, and how much of each
- Fees in dollars over 10, 20 and 30 years
- Every metric side by side, including the index each tracks
- β FREE BONUSIs now a good time to invest? The Market Health-O-Meter

FAQs
Which is better, IWLD or IHWL?
It depends on what you need. On our numbers IWLD wins on 6 measures and IHWL on 3. IWLD is cheaper, with a management fee of 0.09% vs 0.13%. On $100,000 over 20 years that difference is worth about $2,837. IWLD is the larger fund at $2.0bn vs $1.1bn. IHWL has the better 1-year return: +17.1% vs +10.4%.
Which is cheaper, IWLD or IHWL?
IWLD charges 0.09% a year and IHWL charges 0.13% a year.
Can I hold both IWLD and IHWL?
You can, but check how much they overlap. IWLD is a international shares fund and IHWL is a international shares fund.
More comparisons
General information only, not a recommendation. Past performance is not a reliable indicator of future performance.