A side-by-side comparison of iShares Core MSCI All Country World ex Canada Index ETF (XAW) and iShares MSCI World Index ETF (XWD) to help Canadian investors make an informed decision.
1-Year Performance
Normalised to 100 at the start — shows relative return over the trailing 12 months.
Head-to-Head Comparison
| Metric | XAW | XWD |
|---|---|---|
| YTD Return | +12.79%✓ | +11.79% |
| 1-Day Change | -0.72%✓ | -0.89% |
| 1-Week Change | -2.61%✓ | -2.77% |
| 1-Month Change | -0.17%✓ | -0.05% |
| Current Price | $58.12 | $122.69 |
| AUM | $4.51B✓ | $1.80B |
| MER (Expense Ratio) | 0% | 0% |
| Dividend Yield | 1.22%✓ | 1.20% |
| Distribution Frequency | Half-yearly | Half-yearly |
| Inception Date | 2015-02-10 | 2009-06-18 |
| Holdings Count | 6 | 4 |
| MorningStar Rating | ★★★★★ | ★★★★★ |
| Category | Global Equity | Global Equity |
| Beta | 0.97 | 0.94 |
| 52-Week High | $59.93 | $126.76 |
| 52-Week Low | $47.13 | $101.20 |
| 50-Day MA | $58.47 | $123.12 |
| 200-Day MA | $54.46 | $114.91 |
✓ marks the better value for return/yield/AUM metrics. Lower ✓ for MER.
Annualised Returns
| Period | XAW | XWD |
|---|---|---|
| YTD | +12.79%✓ | +11.79% |
| 1 Year | +21.31%✓ | +20.22% |
| 3 Year | +21.35%✓ | +21.16% |
| 5 Year | +12.56% | +13.13%✓ |
| 10 Year | +12.83% | +13.34%✓ |
| 1Y Volatility | 11.10% | 9.94% |
| Sharpe Ratio (3Y) | 1.47 | 1.51 |
Past performance is not a guarantee of future results.
Top 10 Holdings
| 1 | IVV | iShares Core S&P 500 ETF | 51.19% |
| 2 | XEF | iShares Core MSCI EAFE IMI | 22.82% |
| 3 | XEC | iShares Core MSCI Emerging Markets IMI Index ETF | 12.45% |
| 4 | ITOT | iShares Core S&P Total U.S. Stock Market ETF | 8.26% |
| 5 | IJH | iShares Core S&P Mid-Cap ETF | 3.28% |
| 6 | IJR | iShares Core S&P Small-Cap ETF | 1.96% |
| 1 | IVV | iShares Core S&P 500 ETF | 71.75% |
| 2 | EFA | iShares MSCI EAFE ETF | 24.64% |
| 3 | XIU | iShares S&P/TSX 60 | 3.50% |
| 4 | SPCX | Space Exploration Technologies Corp. Class A Common Stock | 0.06% |
Sector Weights
| Sector | XAW | XWD |
|---|---|---|
| Basic Materials | 3.50% | 3.04% |
| Communication Services | 7.45% | 8.01% |
| Consumer Cyclicals | 9.06% | 8.60% |
| Consumer Defensive | 4.64% | 4.94% |
| Energy | 3.64% | 4.03% |
| Financial Services | 15.79% | 16.48% |
| Healthcare | 8.74% | 9.14% |
| Industrials | 11.46% | 10.89% |
| Real Estate | 2.31% | 1.71% |
| Technology | 31.05% | 30.70% |
| Utilities | 2.36% | 2.45% |
About XAW
NA
About XWD
iShares MSCI World Index ETF (XWD.TO) is a Canadian-listed ETF traded on the Toronto Stock Exchange. More detailed information will be available soon.
Which ETF is Right for You?
Both XAW and XWD are listed on Canadian exchanges and accessible through most Canadian brokerages including Questrade, Wealthsimple Trade, TD Direct, and Interactive Brokers.
Based on the available data, XAW scores higher across our tracked metrics including YTD performance, dividend yield, and AUM — though both ETFs warrant individual research before investing.
- Consider your account type (TFSA, RRSP, non-registered) as it can affect dividend taxation.
- Compare management expense ratios (MER) directly on each provider's website.
- Look at average daily trading volume to assess liquidity.
- Review the fund's underlying index and holdings to ensure the exposure matches your goals.
This is not financial advice. Always do your own research or consult a licensed financial advisor before investing.
Frequently Asked Questions
What is the difference between XAW and XWD?
XAW (iShares Core MSCI All Country World ex Canada Index ETF) and XWD (iShares MSCI World Index ETF) are both Canadian-listed ETFs. Key differences include their AUM ($4.51B vs $1.80B), dividend yield (1.22% vs 1.20%), and year-to-date performance (+12.79% vs +11.79%).
Is XAW better than XWD?
There is no single "better" ETF — it depends on your investment goals. If you prioritise recent performance, XAW has outperformed year-to-date. Always review the fund's prospectus and consider your tax situation.
Can I buy XAW and XWD on Wealthsimple?
Most Canadian-listed ETFs are available on Wealthsimple Trade commission-free. Both XAW and XWD should be accessible. Check Wealthsimple's supported tickers list to confirm availability.
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