IWDA vs CSPX

The two products in full comparison: facts, key differences and what to look out for.

Key differences

  • CSPX has the lower annual cost: 0.07% versus 0.20% for IWDA.
  • They track different indices: MSCI World (IWDA) versus S&P 500 (CSPX).
  • Different replication method: Physical (sampling) (IWDA) versus Physical (full) (CSPX).

Facts compared

IWDACSPX
Full nameiShares Core MSCI World UCITS ETF USD (Acc)iShares Core S&P 500 UCITS ETF USD (Acc)
TickerIWDA · EUNL · SWDACSPX · SXR8 · CSSPX
IndexMSCI WorldS&P 500
TER (annual cost)0.20%0.07%
Fund size (approx.)~€126bn~€133bn
ReplicationPhysical (sampling)Physical (full)
DistributionsAccumulatingAccumulating
DomicileIrelandIreland
Base currencyUSDUSD
Launch year20092010
ISINIE00B4L5Y983IE00B5BMR087

What to look out for

Diversification versus concentration: IWDA spreads across 23 developed countries, CSPX focuses on the 500 largest US companies, at a lower cost (0.07% vs 0.20%). Note that the US already weighs over 65% inside IWDA, so the two overlap substantially.

Historically the S&P 500 has outperformed, but nothing guarantees it will continue; MSCI World spreads the bet across more economies. See our geographic allocation article.

Data as of 2026-08. Refreshed periodically. This content is for information only and is not investment advice or a recommendation. Verify the official documents (KID/prospectus) with the provider before any decision.