SWDA: iShares Core MSCI World UCITS ETF (Acc) returns, drawdowns and risk
Global equity funds: developed markets only (MSCI World) or developed plus emerging (FTSE All-World, MSCI ACWI). Also listed as EUNL on Xetra and IWDA in Amsterdam and London.
Data updated October 2026
SWDA · Borsa Italiana · EURCategory: World and all-world ETFsData from January 2010
From January 2010 to October 2026 SWDA returned 12.4% a year on average with dividends reinvested, in euros: €10,000 invested at the start grew to €71,027.
Its deepest fall was 33.6%, from February 2020 to March 2020, and it took about 11 months to get back to the previous high. Annual volatility was 16.2%; at the last close it was 1.2% below its high.
Against VWCE (Vanguard FTSE All-World UCITS ETF (Acc)), over the 87 months both have data, the correlation of monthly returns was 0.98: they moved almost in lockstep. Beta was 1.05. In months when VWCE rose, SWDA moved 104% as much on average; in months when VWCE fell, 102% as much.
Key figures
- Annual return (CAGR)
- +12.4%
- 1-year return
- +21.4%
- 5 years, a year
- +11.9%
- 10 years, a year
- +12.8%
- Annual volatility
- 16.2%
- Maximum drawdown
- −33.6%
- Sharpe ratio
- 0.78
- Worst year
- 2022: −13.9%
Trailing returns
| Period | SWDA | VWCE |
|---|---|---|
| 1 year | +21.4% | +22.0% |
| 3 years, a year | +19.5% | +19.5% |
| 5 years, a year | +11.9% | +11.5% |
| 10 years, a year | +12.8% | — |
To the last close of October 2026. Periods longer than a year are annualised.
Growth of €10,000: SWDA vs VWCE
Month-end values from August 2019, the first month both funds have data.
SWDA drawdowns
Percentage below the previous high, weekly.
Returns by calendar year
| Year | SWDA | VWCE |
|---|---|---|
| 2026(partial) | +16.9% | +17.5% |
| 2025 | +7.6% | +9.2% |
| 2024 | +27.0% | +24.4% |
| 2023 | +19.8% | +18.2% |
| 2022 | −13.9% | −13.5% |
| 2021 | +32.9% | +28.6% |
| 2020 | +6.2% | +5.4% |
| 2019 | +30.8% | +7.6% |
| 2018 | −5.0% | — |
| 2017 | +7.8% | — |
| 2016 | +10.2% | — |
| 2015 | +11.3% | — |
| 2014 | +20.1% | — |
| 2013 | +21.7% | — |
| 2012 | +13.7% | — |
| 2011 | −4.8% | — |
| 2010(partial) | +17.5% | — |
SWDA compared
How the figures are calculated
Total return in the fund’s trading currency, from end-of-day prices with dividends reinvested on the ex-date. The fund’s own ongoing charges are already reflected in its price; trading costs, taxes and currency conversion are not included. Past returns do not predict future returns.
Sharpe ratio uses the return of short-term government bills in the same currency as the risk-free rate. The growth chart uses month-end values; drawdowns and volatility use daily closes.
Questions
What is the average annual return of SWDA?
From January 2010 to October 2026 SWDA returned 12.4% a year on average (CAGR) with dividends reinvested, in EUR. Over the last 5 years: +11.9% a year. Over the last 12 months: +21.4%.
What was the worst drawdown of SWDA?
33.6%, from February 2020 to March 2020; it took about 11 months from the previous high to get back to it.
How volatile is SWDA?
Annual volatility was 16.2% over the period. Its worst month was −10.6% and 65% of months were positive. Worst calendar year: 2022 (−13.9%).
How closely does SWDA follow VWCE?
Over 87 months the correlation of monthly returns was 0.98, so they moved almost in lockstep, with a beta of 1.05.
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Other World and all-world ETFs
Source: MarketStack end-of-day prices, total return with dividends reinvested. Figures are historical and descriptive; they are not forecasts and not investment advice. MEDGE Capital does not recommend buying or selling any instrument. Risk disclaimer.