βš”οΈ Head to head

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

πŸ’ΈLower feeIWLD wins
IWLD
0.09%
NNUK
1.10%

Worth about $65,794 on $100,000 over 20 years.

🏦Bigger fundIWLD wins
IWLD
$2.0bn
NNUK
$975m

Bigger funds usually trade more cheaply and are less likely to close.

πŸ“ˆ1-year returnNNUK wins
IWLD
+10.4%
NNUK
+23.2%
πŸ“Š3-year returnNNUK wins
IWLD
+18.3% a yr
NNUK
+21.1% a yr
🏁5-year returnToo close to call
IWLD
+12.3% a yr
NNUK
–
βš–οΈCheaper to tradeIWLD wins
IWLD
0.04%
NNUK
0.76%

A tighter gap between the buy and sell price.

IWLD vs NNUK side by side

IWLD leads on 4, NNUK on 3IWLDiShares Core MSCI World All Cap ETFNNUKNanuk New World Fund Active ETF
The basics
Index trackedSee the PDSSee the PDS
Fund manageriSharesNanuk
Asset classInternational sharesInternational shares
ListedApr 2016Mar 2022
Cost and size
MERyearly fee, lower is better0.09%βœ“1.10%
AUMfund size$2.0bnβœ“$975m
Net flows (Sep)new money in, last month$68mβœ“$16m
Bid/ask spreadtrading cost, lower is better0.04%βœ“0.76%
Total returns
1 month+1.8%+1.8%
1 year+10.4%+23.2%βœ“
3 years p.a.+18.3%+21.1%βœ“
5 years p.a.+12.3%–
$10,000 invested
1 year ago$11,044$12,325βœ“
5 years ago$17,863–

βœ“ 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

πŸ“ˆ Growth

What $10,000 invested is worth now

Only IWLD has a 5 years record: $10,000 then is worth $17,863 today.

IWLDNNUK$10,000 invested
$0k$6k$12k$18k$24k$11.0k$12.3k1 year agoNNUK +$1,281$16.6k$17.8k3 years agoNNUK +$1,211$17.9ktoo new5 years ago

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.

πŸ’Έ Cost

What the fees cost you

IWLD's lower fee leaves about $65,794 more in your pocket over 20 years.

IWLD charges 0.09% a yearNNUK charges 1.10% a year
🧾 Fees paid on $100,000Saving
5 years
IWLD
βˆ’$589
NNUK
βˆ’$7,063
You keep$6,474more with IWLD
10 years
IWLD
βˆ’$1,648
NNUK
βˆ’$19,313
You keep$17,664more with IWLD
20 years
IWLD
βˆ’$6,458
NNUK
βˆ’$72,252
You keep$65,794more with IWLD

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.

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Joshua Stega
etfadviserExchange traded fund specialist adviser Β· 20 years’ experience
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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.

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General information only, not a recommendation. Past performance is not a reliable indicator of future performance.