Global Equity tracking the MSCI World Index, physical, optimised replication, accumulating. Share class in euro (EUR), currency-hedged.
One email when new issuers, new metrics and new articles land. Double opt-in, zero spam, one-click unsubscribe.
iShares MSCI World EUR Hedged UCITS ETF (Acc) tracks the issuer-declared index: MSCI World Index. Mind the share class: this is the version hedged to EUR — returns reflect the index plus the effect (and cost) of hedging into that currency. The declared annual cost (TER) is 0.55%, plus 0.01% in transaction costs estimated by the issuer in the KID. Replication is optimised physical replication (the KID declares optimisation techniques to achieve a return similar to the index); income is accumulated and reinvested in the fund. The fund has assets of about 5.4 billion euro, was launched on 30 September 2010 and is domiciled in Ireland. In our registry 3 other ETFs declare the same index.
The Fund aims to achieve a return on your investment, through a combination of capital growth and income on the Fund’s assets, which reflects the return on the MSCI World 100% Hedged to EUR Index Net, the Fund’s benchmark index (Index).
Keep reading the KID section ▾
The Index provides a return on the MSCI World TR Index which measures the performance of large and mid capitalisation equity securities in developed countries worldwide. Market capitalisation is the share price of the company multiplied by the number of shares issued. The Index also uses one month foreign exchange (FX) forward contracts to hedge each non-Euro currency in the Index back to Euro in accordance with the MSCI Hedged Indices methodology. Hedging reduces the effect of fluctuations in the exchange rates between the currencies of the equity securities that make up the Index and Euro, the base currency of the Fund. The Fund is passively managed and aims to invest in equity securities (e.g. shares) that, so far as possible and practicable, make up the MSCI World TR Index, as well as FX forward contracts that, so far as possible and practicable, track the hedging methodology of the Index. The Fund uses optimising techniques to achieve a similar return to its Index. These techniques may include the strategic selection of certain securities that make up the Index or other securities which provide similar performance to certain constituent securities. These may also include the use of financial derivative instruments (FDIs) (i.e. investments the prices of which are based on one or more underlying assets). FDIs may be used for direct investment purposes. The Fund may also engage in short-term secured lending of its investments to certain eligible third parties to generate additional income to off-set the costs of the Fund. The price of equity securities fluctuates daily and may be influenced by factors affecting the performance of the individual companies issuing the equities, as well as by daily stock market movements, and broader economic and political developments which in turn may affect the value of your investment. The relationship between the return on your investment, how it is impacted and the period for which you hold your investment is considered below (see “How long should I hold it and can I take my money out early?”).
The depositary of the Fund is State Street Custodial Services (Ireland) Limited. Further information about the Fund can be obtained from the latest annual report and half-yearly reports of the iShares V plc. These documents are available free of charge in English and certain other languages. These can be found, along with other (practical) information, including prices of units, on the iShares website at: www.ishares.com or by calling +49 89427295800 or from your broker or financial adviser.
Your shares will be accumulating shares (i.e. income will be included in their value). The Fund’s base currency is Euro. The shares are listed and traded on various stock exchanges. In normal circumstances, only authorised participants may buy and sell shares directly with the Fund. Investors who are not authorised participants (e.g. select financial institutions) can generally only buy or sell the shares on the secondary market (e.g. via a broker on a stock exchange) at the then prevailing market price. The value of the shares are related to the value of the underlying assets of the Fund, less costs (see “What are the costs?” below). The prevailing market price at which the shares trade on the secondary market may deviate from the value of the Shares. Indicative net asset value is published on relevant stock exchanges websites.
Intended retail investor:The Fund is intended for retail investors with the ability to bear losses up to the amount invested in the Fund (see “How long should I hold it and can I take my money out early?”).
Insurance benefits:The Fund does not offer any insurance benefits.
Every month we snapshot the register and the holdings and keep the picture. The history shows how the fund changes, not only what it is today.
| From the peak of | Trough | Depth | Back to break-even | Days underwater |
|---|---|---|---|---|
| 19 Feb 2020 | 23 Mar 2020 | -33.36% | 02 Sept 2020 | 196 |
| 04 Jan 2022 | 12 Oct 2022 | -23.90% | 25 Jan 2024 | 751 |
| 18 Feb 2011 | 03 Oct 2011 | -20.01% | 14 Sept 2012 | 574 |
| 21 Sept 2018 | 24 Dec 2018 | -17.67% | 02 Jul 2019 | 284 |
| 21 May 2015 | 11 Feb 2016 | -17.60% | 07 Dec 2016 | 566 |
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sept | Oct | Nov | Dec | Year | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | 1.6 | 0.9 | -5.9 | 8.6 | 4.7 | -0.2 | 0.1 | 2.3 | -0.9 | 0.1 | 11.0 | ||
| 2025 | 3.3 | -1.1 | -5.0 | -0.5 | 5.8 | 3.5 | 1.9 | 1.9 | 3.0 | 2.4 | 0.1 | 0.4 | 16.3 |
| 2024 | 1.7 | 4.5 | 3.3 | -3.3 | 4.0 | 2.3 | 1.1 | 1.7 | 1.4 | -1.0 | 4.8 | -2.1 | 19.5 |
| 2023 | 6.3 | -1.7 | 2.3 | 1.5 | -0.3 | 5.4 | 2.8 | -1.9 | -3.9 | -2.7 | 8.0 | 4.0 | 20.6 |
| 2022 | -5.1 | -2.7 | 3.0 | -7.4 | -0.3 | -8.1 | 7.9 | -3.7 | -8.6 | 6.9 | 5.3 | -5.2 | -18.1 |
| 2021 | -0.9 | 2.6 | 4.2 | 3.9 | 1.0 | 2.3 | 1.6 | 2.6 | -3.8 | 5.5 | -1.6 | 3.8 | 22.9 |
| 2020 | -0.5 | -8.3 | -12.9 | 10.4 | 4.6 | 2.3 | 3.1 | 6.1 | -3.0 | -3.1 | 11.7 | 3.3 | 11.5 |
| 2019 | 7.0 | 3.2 | 1.4 | 3.6 | -5.9 | 5.6 | 1.0 | -2.2 | 2.2 | 1.6 | 3.0 | 2.0 | 24.3 |
| 2018 | 3.5 | -3.7 | -2.6 | 1.8 | 1.1 | 0.1 | 3.0 | 1.1 | 0.6 | -7.1 | 1.0 | -8.1 | -9.6 |
| 2017 | 1.1 | 3.0 | 0.8 | 1.0 | 1.3 | -0.1 | 1.3 | -0.0 | 2.2 | 2.4 | 1.4 | 0.9 | 16.5 |
| 2016 | -5.5 | -1.6 | 5.0 | 0.8 | 1.7 | -1.5 | 4.0 | 0.3 | 0.0 | -0.8 | 2.6 | 2.6 | 7.6 |
| 2015 | -0.7 | 5.9 | -0.5 | 1.0 | 1.2 | -3.0 | 2.4 | -6.6 | -3.6 | 7.9 | 0.6 | -2.2 | 1.4 |
| 2014 | -3.3 | 4.1 | 0.1 | 0.7 | 2.3 | 1.3 | -0.8 | 2.6 | -1.0 | 1.1 | 2.8 | -0.9 | 9.2 |
| 2013 | 5.1 | 1.4 | 2.7 | 2.6 | 1.4 | -2.5 | 4.6 | -2.1 | 3.7 | 3.8 | 2.1 | 2.0 | 27.6 |
| 2012 | 4.2 | 4.6 | 1.7 | -1.6 | -7.3 | 4.2 | 1.4 | 1.9 | 2.0 | -0.6 | 1.4 | 1.8 | 14.0 |
| 2011 | 1.9 | 2.9 | -1.5 | 2.2 | -1.2 | -1.6 | -2.8 | -6.8 | -6.3 | 8.4 | -1.3 | 0.6 | -6.3 |
| 2010 | 2.7 | -0.3 | 5.5 | 8.0(since launch) |
| Year | Fund | Index | Difference (pt) |
|---|---|---|---|
| 2025 | +16.33% | +16.73% | -0.40 pt |
| 2024 | +19.49% | +19.89% | -0.40 pt |
| 2023 | +20.63% | +20.96% | -0.33 pt |
| 2022 | -18.13% | -17.87% | -0.26 pt |
| 2021 | +22.89% | +23.25% | -0.37 pt |
| 2020 | +11.45% | +11.86% | -0.40 pt |
| 2019 | +24.26% | +24.59% | -0.33 pt |
| 2018 | -9.62% | -9.38% | -0.24 pt |
| 2017 | +16.50% | +16.79% | -0.29 pt |
| 2016 | +7.56% | +7.80% | -0.24 pt |
| Last year | Last 3 years | Last 5 years | Last 10 years | Full history | |
|---|---|---|---|---|---|
| Volatility (ann.) | 10.96% | 12.23% | 14.02% | 14.83% | 14.15% |
| Max drawdown | -8.49% | -17.09% | -23.90% | -33.36% | -33.36% |
| Sharpe | 1.07 | 1.19 | 0.55 | 0.70 | 0.68 |
| Sortino | 1.58 | 1.70 | 0.77 | 0.97 | 0.94 |
| Fund | TER | Income | Fund size |
|---|---|---|---|
SWRD · SPDR | 0.12% | Acc. | 20 mld EUR |
SGBE · SPDRactive | 0.45% | Acc. | 260 mln EUR |
SWWD · SPDRnot on Borsa Italiana | 0.12% | Dist. | 20 mld EUR |
According to the official lists published by the brokers (downloaded and cross-checked by us), these share classes of the fund appear tradable with zero fees:
IE00B441G979IWDEOfficial lists verified on 15 October 2026. We record published terms — this is neither an invitation to open accounts nor a recommendation: lists change, the broker’s documents prevail. Trade Republic, Scalable Capital and Trading 212 publish no per-ISIN lists and don’t appear here.
| Exchange | Ticker | Exchange source | Registered since |
|---|---|---|---|
| Borsa Italiana (ETFplus) | IWDEfrom tax document | ESMA register (FIRDS) | 4 Apr 2011 |
| Börse Düsseldorf | IBCHfrom mapping | ESMA register (FIRDS) | 23 Dec 2013 |
| Börse Frankfurt | IBCHfrom mapping | ESMA register (FIRDS) | 4 Jul 2016 |
| Börse Hamburg | IBCHfrom mapping | ESMA register (FIRDS) | 15 Jan 2014 |
| Börse Hannover | IBCHfrom mapping | ESMA register (FIRDS) | 21 Dec 2022 |
| Börse München / gettex | IBCHfrom mapping | ESMA register (FIRDS) | 26 Apr 2013 |
| Börse Stuttgart | IBCHfrom mapping | ESMA register (FIRDS) | 4 Jul 2016 |
| Euronext Amsterdam | IWDEfrom tax document | ESMA register (FIRDS) | 18 Jan 2011 |
| London Stock Exchange | IWDEfrom tax document | issuer’s tax document (exchange outside the FIRDS perimeter) | — |
| SIX Swiss Exchange | IWDEfrom tax document | issuer’s tax document (exchange outside the FIRDS perimeter) | — |
| Tradegate Exchange | IBCHfrom mapping | ESMA register (FIRDS) | 4 Jul 2016 |
| Xetra (Deutsche Börse) | IBCHfrom tax document | ESMA register (FIRDS) | 4 Jul 2016 |