IE00BD45YS76Ticker: 2B7E (Xetra) · IWDG (London SE) · IWDG (SIX)Issuer: iSharesGlobal Equity tracking the MSCI World Index (Net), physical, optimised replication, distributing. Share class in pounds sterling (GBP), currency-hedged.
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iShares Core MSCI World UCITS ETF tracks the issuer-declared index: MSCI World Index (Net). Mind the share class: this is the version hedged to GBP — returns reflect the index plus the effect (and cost) of hedging into that currency. The declared annual cost (TER) is 0.30%, plus 0.00% 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 distributed to investors. The fund has assets of about 1.2 billion euro, was launched on 22 May 2017 and is domiciled in Ireland. In our registry 6 other ETFs declare the same index.
The Share Class is a share class of a Fund which 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 of the MSCI World Index, the Fund’s benchmark index (Index).
Keep reading the KID section ▾
The Share Class, via the Fund is passively managed and aims to invest so far as possible and practicable in the equity securities (e.g. shares) that make up the Index. The Index measures the performance of large and mid capitalisation companies in developed countries worldwide. Companies are included in the Index based on a free float market capitalisation weighted basis. Free float means that only shares available to international investors rather than all of a company’s issued shares are used in calculating the Index. Free float market capitalisation is the share price of a company multiplied by the number of shares available to international investors. The Fund uses optimising techniques to achieve a similar return to the 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 III 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 distributing shares (i.e. income will be paid on the shares quarterly). The Fund’s base currency is US Dollar. Shares for this Share Class are denominated in Sterling. The performance of your shares may be affected by this currency difference. Your shares will be hedged with the aim of reducing the effect of exchange rate fluctuations between the denominated currency of the shares and the Fund’s underlying portfolio currencies or the Fund’s base currency. FDIs, including FX forward contracts, will be used for currency hedging purposes. The hedging strategy may not completely eliminate currency risk and, therefore, may affect the performance of your shares. Please see the prospectus for further details. 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 | -33.65% | 02 Sept 2020 | 196 |
| 04 Jan 2022 | 12 Oct 2022 | -23.10% | 19 Dec 2023 | 714 |
| 21 Sept 2018 | 24 Dec 2018 | -17.39% | 23 Apr 2019 | 214 |
| 18 Feb 2025 | 08 Apr 2025 | -17.03% | 26 Jun 2025 | 128 |
| 26 Jan 2018 | 23 Mar 2018 | -9.05% | 28 Aug 2018 | 214 |
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sept | Oct | Nov | Dec | Year | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | 1.7 | 1.0 | -5.7 | 8.7 | 4.8 | -0.1 | 0.3 | 2.4 | -0.8 | 0.2 | 12.6 | ||
| 2025 | 3.5 | -0.9 | -4.9 | -0.5 | 6.0 | 3.7 | 2.1 | 2.0 | 3.2 | 2.6 | 0.3 | 0.6 | 18.8 |
| 2024 | 1.8 | 4.6 | 3.4 | -3.2 | 4.1 | 2.3 | 1.2 | 1.7 | 1.4 | -0.9 | 4.9 | -1.9 | 21.1 |
| 2023 | 6.4 | -1.6 | 2.5 | 1.6 | -0.2 | 5.6 | 2.8 | -1.7 | -3.8 | -2.6 | 8.1 | 4.2 | 22.6 |
| 2022 | -4.9 | -2.7 | 3.1 | -7.0 | -0.3 | -8.0 | 7.9 | -3.7 | -8.5 | 6.7 | 5.4 | -5.1 | -17.3 |
| 2021 | -0.8 | 2.7 | 4.2 | 4.0 | 1.0 | 2.4 | 1.7 | 2.7 | -3.7 | 5.4 | -1.5 | 3.9 | 23.9 |
| 2020 | -0.3 | -8.4 | -13.6 | 10.4 | 4.9 | 2.3 | 3.3 | 6.2 | -3.0 | -3.1 | 11.8 | 3.4 | 11.5 |
| 2019 | 7.1 | 3.3 | 1.6 | 3.7 | -5.9 | 5.8 | 1.1 | -2.1 | 2.2 | 1.7 | 3.1 | 2.2 | 25.8 |
| 2018 | 3.7 | -3.7 | -2.4 | 1.9 | 1.2 | 0.2 | 3.1 | 1.3 | 0.7 | -6.8 | 1.0 | -8.0 | -8.4 |
| 2017 | -0.0 | 1.3 | 0.1 | 2.2 | 2.5 | 1.5 | 1.1 | 10.6(partial) |
Rejoined series: the issuer’s historical data contains a unit redenomination (18 May 2017), not retroactively adjusted; we rejoined the earlier history to make it comparable. Returns and risk are computed on the rejoined series.
We do not publish a tracking difference for this share class — and it is not an oversight.
IWDG is hedged to GBP; the index the issuer places next to it in its documents is the unhedged, foreign-currency version. Subtracting one from the other does not measure replication quality: it measures the exchange rate. In a year when the currency moves 5%, “the TD” would come out near 5 points — a plausible-looking number, with decimals, and wrong.
Other sites publish that number. We would rather show one figure less than one figure wrong: the TD will return here the day we have the GBP-hedged index series, which the issuer does not publish today.
Still want to know how well this fund tracks its index? Look at the unhedged sister class, IWDD, where fund and index share the same currency: its TD is the right measure of the management, which is the same. Go to the IWDD page →
| Last year | Last 3 years | Last 5 years | Full history | |
|---|---|---|---|---|
| Volatility (ann.) | 11.72% | 13.24% | 15.28% | 17.08% |
| Max drawdown | -7.93% | -19.72% | -28.16% | -40.66% |
| Sharpe | 1.31 | 1.22 | 0.52 | 0.58 |
| Sortino | 1.95 | 1.70 | 0.73 | 0.79 |
| Period | Dividends | Dividend yield |
|---|---|---|
| 1 year | 0.10 GBP | 0.92 % |
| 2025 | 0.12 GBP | 1.25 % |
| 2024 | 0.12 GBP | 1.50 % |
| 2023 | 0.12 GBP | 1.80 % |
| 2022 | 0.12 GBP | 1.47 % |
| 2021 | 0.11 GBP | 1.65 % |
| Year | Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | 0.02 | 0.04 | 0.04 | |||||||||
| 2025 | 0.02 | 0.03 | 0.04 | 0.03 | ||||||||
| 2024 | 0.02 | 0.03 | 0.04 | 0.03 | ||||||||
| 2023 | 0.02 | 0.03 | 0.04 | 0.03 | ||||||||
| 2022 | 0.02 | 0.03 | 0.04 | 0.03 | ||||||||
| 2021 | 0.02 | 0.03 | 0.03 | 0.03 | ||||||||
| 2020 | 0.02 | 0.02 | 0.03 | 0.02 | ||||||||
| 2019 | 0.02 | 0.03 | 0.04 | 0.03 | ||||||||
| 2018 | 0.01 | 0.04 | 0.04 | 0.02 | ||||||||
| 2017 | 0.01 | 0.02 |
| Per share | Ex-dividend date | Record date | Payment |
|---|---|---|---|
| 0.04 GBP | 16 Jul 2026 | 17 Jul 2026 | 29 Jul 2026 |
| 0.04 GBP | 16 Apr 2026 | 17 Apr 2026 | 29 Apr 2026 |
| 0.02 GBP | 15 Jan 2026 | 16 Jan 2026 | 28 Jan 2026 |
| 0.03 GBP | 16 Oct 2025 | 17 Oct 2025 | 29 Oct 2025 |
| 0.04 GBP | 17 Jul 2025 | 18 Jul 2025 | 30 Jul 2025 |
| 0.03 GBP | 17 Apr 2025 | 22 Apr 2025 | 30 Apr 2025 |
| 0.02 GBP | 16 Jan 2025 | 17 Jan 2025 | 29 Jan 2025 |
| 0.03 GBP | 17 Oct 2024 | 18 Oct 2024 | 30 Oct 2024 |
| Share class | ISIN | Ticker | Income | Currency |
|---|---|---|---|---|
| USD (Dist) | IE000OHHIBC6 | IWDD | Distributing | USD |
| USD (Acc) | IE00B4L5Y983 | SWDA | Accumulating | USD |
| GBP Hedged (Dist) · this page | IE00BD45YS76 | IWDG | Distributing | GBP |
| EUR Hedged (Dist) | IE00BKBF6H24 | IWLE | Distributing | EUR |
| Fund | TER | Income | Fund size |
|---|---|---|---|
IWDS · iShares · 4 classes | 0.12% | Acc. | 2.2 mld EUR |
WOEE · iShares · 3 classesactive | 0.30% | Acc. | 2 mld EUR |
WINA · iShares · 5 classesactive | 0.35% | Acc. · Dist. | 21 mln EUR |
IWRD · iShares | 0.50% | Dist. | 8.4 mld EUR |
THRW · iSharesactive | 0.60% | Acc. | 37 mln EUR |
FACT · iSharesactivenot on Borsa Italiana | 0.30% | Acc. | 181 mln 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:
IE00BD45YS762B7E(class: GBP Hedged (Dist))IE00B4L5Y983SWDA(class: USD (Acc))IE00BKBF6H24IWLE(class: EUR Hedged (Dist))Official 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 |
|---|---|---|---|
| Börse Düsseldorf | 2B7Efrom mapping | ESMA register (FIRDS) | 7 Sept 2017 |
| Börse Hamburg | 2B7Efrom mapping | ESMA register (FIRDS) | 13 Jan 2021 |
| Börse Hannover | 2B7Efrom mapping | ESMA register (FIRDS) | 9 Mar 2026 |
| Börse München / gettex | 2B7Efrom mapping | ESMA register (FIRDS) | 9 Jun 2017 |
| London Stock Exchange | IWDGfrom tax document | issuer’s tax document (exchange outside the FIRDS perimeter) | — |
| SIX Swiss Exchange | IWDGfrom tax document | issuer’s tax document (exchange outside the FIRDS perimeter) | — |
| Xetra (Deutsche Börse) | 2B7Efrom tax document | issuer’s tax document (listing not recorded in FIRDS) | — |