IWLD vs NNUK: 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 4 of 7 measures. Which matters most depends on you.
The short answer
Worth about $65,794 on $100,000 over 20 years.
Bigger funds usually trade more cheaply and are less likely to close.
A tighter gap between the buy and sell price.
IWLD vs NNUK side by side
| IWLD leads on 4, NNUK on 3 | IWLDiShares Core MSCI World All Cap ETF | NNUKNanuk New World Fund Active ETF |
|---|---|---|
| The basics | ||
| Index tracked | See the PDS | See the PDS |
| Fund manager | iShares | Nanuk |
| Asset class | International shares | International shares |
| Listed | Apr 2016 | Mar 2022 |
| Cost and size | ||
| MERyearly fee, lower is better | 0.09%β | 1.10% |
| AUMfund size | $2.0bnβ | $975m |
| Net flows (Sep)new money in, last month | $68mβ | $16m |
| Bid/ask spreadtrading cost, lower is better | 0.04%β | 0.76% |
| Total returns | ||
| 1 month | +1.8% | +1.8% |
| 1 year | +10.4% | +23.2%β |
| 3 years p.a. | +18.3% | +21.1%β |
| 5 years p.a. | +12.3% | β |
| $10,000 invested | ||
| 1 year ago | $11,044 | $12,325β |
| 5 years ago | $17,863 | β |
β marks the better figure on each measure. Returns include distributions, to 30 September 2026.
IWLD vs NNUK 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
Only IWLD has a 5 years record: $10,000 then is worth $17,863 today.
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 $65,794 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.
Get the full IWLD vs NNUK 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 NNUK?
It depends on what you need. On our numbers IWLD wins on 4 measures and NNUK on 3. IWLD is cheaper, with a management fee of 0.09% vs 1.10%. On $100,000 over 20 years that difference is worth about $65,794. IWLD is the larger fund at $2.0bn vs $975m. NNUK has the better 1-year return: +23.2% vs +10.4%.
Which is cheaper, IWLD or NNUK?
IWLD charges 0.09% a year and NNUK charges 1.10% a year.
Can I hold both IWLD and NNUK?
You can, but check how much they overlap. IWLD is a international shares fund and NNUK is a international shares fund.
More comparisons
General information only, not a recommendation. Past performance is not a reliable indicator of future performance.