IWDA vs SWDA
Different Listings of the Same Fund
Are IWDA and SWDA different ETFs?
Important Clarification
IWDA and SWDA are not different ETFs. They are different exchange listings (or tickers) for the exact same underlying fund. They share the same portfolio, the same Total Expense Ratio (TER), and the same performance before currency fluctuations. The key differences lie in where they are traded and in what currency.
IWDA
Exchange
Trading Currency
Listing Details
| Feature | IWDA | SWDA |
|---|---|---|
| Underlying Fund | iShares Core MSCI World UCITS ETF | iShares Core MSCI World UCITS ETF |
| ISIN | IE00B4L5Y983 | IE00B4L5Y983 |
| Exchange | Euronext Amsterdam | LSE |
| Trading Currency | EUR | GBP |
| Fund Base Currency | USD | USD |
| TER | 0.20% | 0.20% |
| Distribution | Acc | Acc |
| Domicile | Ireland | Ireland |
Understanding the Difference
IWDA and SWDA are exactly the same ETF (iShares Core MSCI World UCITS ETF). They share the same ISIN (IE00B4L5Y983). The only difference is the ticker symbol used on different exchanges. SWDA is typically the ticker used on the London Stock Exchange (priced in GBP or USD), while IWDA is commonly used on Euronext Amsterdam (priced in EUR).
Which One Is Better For You?
Choose IWDA if:
- You prefer to trade in EUR
- Your broker offers cheap access to Euronext Amsterdam
Choose SWDA if:
- You prefer to trade in GBP or USD
- Your broker offers cheap access to the London Stock Exchange
Bottom Line
They are the same fund with the same underlying exposure. Choose the ticker based on broker FX costs, available exchanges, and trading liquidity.