The iShares Core MSCI World UCITS ETF USD (Acc) (IWDA) is an exchange-traded fund designed to track the performance of large- and mid-cap companies across developed markets worldwide. The ETF is managed by BlackRock and is listed on several European exchanges, including the London Stock Exchange (LSE).

Classified as a broad international equity ETF, the fund provides exposure to thousands of companies across developed markets. Its strategy allows investors to access global equities through a single investment, covering companies in the United States, Europe, Japan, Canada, Australia, and other developed economies.

The ETF follows a passive management approach and seeks to replicate the performance of the MSCI World Index, a benchmark composed of large- and mid-cap companies across 23 developed markets.

Diversification and sector exposure

IWDA provides exposure primarily associated with:

• Developed markets.

• Global large- and mid-cap stocks.

• Technology.

• Financial services.

• Healthcare.

• Industrials.

• Consumer sectors.

• Global equity market.

The portfolio holds more than a thousand companies across multiple countries and industries, providing broad geographic and sector diversification. The ETF's performance reflects the growth of the world's leading developed economies and the companies included in the MSCI World Index.

Structure and costs

IWDA shares trade on the secondary market of the exchanges where the ETF is listed during regular trading hours. Share creation and redemption occur through authorized participants, a mechanism intended to help align the ETF's market price with its net asset value (NAV).

The fund carries a low expense ratio, consistent with the iShares Core product range, and does not apply a performance fee. As an Accumulating (Acc) share class, dividends received from the underlying portfolio are automatically reinvested into the fund rather than distributed to shareholders.

History and evolution of the ETF

The iShares Core MSCI World UCITS ETF USD (Acc) was launched in 2009 as part of BlackRock's Core ETF range, designed to provide low-cost, long-term exposure to global developed equity markets.

Since inception, the fund has become one of the largest UCITS ETFs globally and is widely used by investors seeking diversified exposure to developed markets through a single investment vehicle.

In recent years, the growth of technology companies, changes in global monetary policy, the evolution of developed equity markets, and the increasing adoption of UCITS ETFs have continued to shape the fund's performance and popularity.

Additional Information

iShares Core MSCI World UCITS ETF USD (Acc) (Ireland) is an exchange-traded fund (ETF), with assets under management totaling $101.70 billion.

Over the past 12 months, iShares Core MSCI World UCITS ETF USD (Acc) recorded a return of 20.72%, with its price trading between $117.62 and $144.62 during the same period.

The ETF is traded under the ticker IWDA.