{"id":4252,"date":"2024-09-10T15:02:28","date_gmt":"2024-09-10T15:02:28","guid":{"rendered":"http:\/\/localhost\/dpetkovski\/?p=4252"},"modified":"2024-09-10T15:04:01","modified_gmt":"2024-09-10T15:04:01","slug":"iwda-vs-swda-whats-the-difference","status":"publish","type":"post","link":"http:\/\/localhost\/dpetkovski\/iwda-vs-swda-whats-the-difference\/","title":{"rendered":"IWDA vs SWDA &#8211; What&#8217;s The Difference?"},"content":{"rendered":"<p>New investors that want to diversify globally don&#8217;t understand the difference between $IWDA vs $SWDA.<\/p>\n<p>And indeed, both of those represent the <a href=\"https:\/\/www.justetf.com\/en\/etf-profile.html?isin=IE00B4L5Y983\">iShares Core MSCI World UCITS ETF (Acc)<\/a>, so the distinction might be confusing to beginners.<\/p>\n<p>In this post, I\u2019ll explain why some ETFs have multiple tickers and how to choose between them.<\/p>\n<div id=\"ez-toc-container\" class=\"ez-toc-v2_0_60 ez-toc-wrap-center counter-hierarchy ez-toc-counter ez-toc-white ez-toc-container-direction\">\n<div class=\"ez-toc-title-container\">\n<p class=\"ez-toc-title \" >Table of Contents<\/p>\n<span class=\"ez-toc-title-toggle\"><a href=\"#\" class=\"ez-toc-pull-right ez-toc-btn ez-toc-btn-xs ez-toc-btn-default ez-toc-toggle\" aria-label=\"Toggle Table of Content\" role=\"button\"><label for=\"item-66e419c005804\" ><span class=\"\"><span class=\"eztoc-hide\" style=\"display:none;\">Toggle<\/span><span class=\"ez-toc-icon-toggle-span\"><svg style=\"fill: #999;color:#999\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" class=\"list-377408\" width=\"20px\" height=\"20px\" viewBox=\"0 0 24 24\" fill=\"none\"><path d=\"M6 6H4v2h2V6zm14 0H8v2h12V6zM4 11h2v2H4v-2zm16 0H8v2h12v-2zM4 16h2v2H4v-2zm16 0H8v2h12v-2z\" fill=\"currentColor\"><\/path><\/svg><svg style=\"fill: #999;color:#999\" class=\"arrow-unsorted-368013\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"10px\" height=\"10px\" viewBox=\"0 0 24 24\" version=\"1.2\" baseProfile=\"tiny\"><path d=\"M18.2 9.3l-6.2-6.3-6.2 6.3c-.2.2-.3.4-.3.7s.1.5.3.7c.2.2.4.3.7.3h11c.3 0 .5-.1.7-.3.2-.2.3-.5.3-.7s-.1-.5-.3-.7zM5.8 14.7l6.2 6.3 6.2-6.3c.2-.2.3-.5.3-.7s-.1-.5-.3-.7c-.2-.2-.4-.3-.7-.3h-11c-.3 0-.5.1-.7.3-.2.2-.3.5-.3.7s.1.5.3.7z\"\/><\/svg><\/span><\/span><\/label><input aria-label=\"Toggle\" aria-label=\"item-66e419c005804\"  type=\"checkbox\" id=\"item-66e419c005804\"><\/a><\/span><\/div>\n<nav><ul class='ez-toc-list ez-toc-list-level-1 ' ><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-1\" href=\"http:\/\/localhost\/dpetkovski\/iwda-vs-swda-whats-the-difference\/#iShares_Core_MSCI_World_UCITS_ETF\" title=\"iShares Core MSCI World UCITS ETF\">iShares Core MSCI World UCITS ETF<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-2\" href=\"http:\/\/localhost\/dpetkovski\/iwda-vs-swda-whats-the-difference\/#IWDA_vs_SWDA_vs_EUNL_Explained\" title=\"IWDA vs SWDA vs EUNL Explained\">IWDA vs SWDA vs EUNL Explained<\/a><ul class='ez-toc-list-level-3' ><li class='ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-3\" href=\"http:\/\/localhost\/dpetkovski\/iwda-vs-swda-whats-the-difference\/#Which_One_to_Choose\" title=\"Which One to Choose?\">Which One to Choose?<\/a><\/li><\/ul><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-4\" href=\"http:\/\/localhost\/dpetkovski\/iwda-vs-swda-whats-the-difference\/#Further_Reading\" title=\"Further Reading\">Further Reading<\/a><\/li><\/ul><\/nav><\/div>\n<h2><span class=\"ez-toc-section\" id=\"iShares_Core_MSCI_World_UCITS_ETF\"><\/span>iShares Core MSCI World UCITS ETF<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>First, let\u2019s briefly cover the fund we\u2019re talking about:<\/p>\n<p><strong>iShares Core MSCI World UCITS ETF (Acc.)<\/strong>\u00a0is an\u00a0<a href=\"https:\/\/dpetkovski.com\/etfs-exchange-traded-funds\/\">ETF<\/a> tracking the <a href=\"https:\/\/www.cnbc.com\/quotes\/.WORLD\">MSCI World index<\/a>.<\/p>\n<p>This index is composed from 1400+ companies from various countries all around the world. It&#8217;s <a href=\"https:\/\/dpetkovski.com\/market-cap-vs-fully-diluted-valuation-fdv-explanation-practical-analysis\/\">market cap weighted<\/a>\u00a0and it&#8217;s a suitable benchmark for investors looking for a one-stop-shop for &#8220;developed markets&#8221; allocation.<\/p>\n<p>The ETF has a <a href=\"https:\/\/dpetkovski.com\/total-expense-ratio-the-importance-of-keeping-it-low\">TER<\/a> of 0.2% and it\u2019s an <a href=\"https:\/\/dpetkovski.com\/accumulating-vs-distributing-etfs\/\">accumulating fund<\/a><em>,\u00a0<\/em>which mean that it reinvests the received dividends automatically.<\/p>\n<p>As such, this is one of the most common picks by <a href=\"https:\/\/dpetkovski.com\/index-investing-index-funds-a-gentle-introduction\/\">index investors<\/a>, besides <a href=\"https:\/\/dpetkovski.com\/iwda-vs-vwce-and-vwrl-for-european-investors\/\">$VWCE\/$VWRL<\/a> and <a href=\"https:\/\/dpetkovski.com\/cspx-vs-vusa-vs-iusa-my-thoughts\/\">$CSPX\/$VUSA<\/a>.<\/p>\n<p>Both $IWDA and $SWDA\u00a0are <strong>ticker symbols<\/strong> referring to the iShares Core MSCI World UCITS ETF.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"IWDA_vs_SWDA_vs_EUNL_Explained\"><\/span>IWDA vs SWDA vs EUNL Explained<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>I already explained why <a href=\"https:\/\/dpetkovski.com\/cspx-vs-sxr8-whats-the-difference\">funds can have multiple tickers<\/a> in detail. The following quote might be the most important one from the post:<\/p>\n<blockquote><p>Funds aren\u2019t uniquely identified by their tickers, but by an <strong>ISIN\u00a0<\/strong>(International Securities Identification Number).<\/p><\/blockquote>\n<p>In summary: <strong>ETFs have multiple tickers because they can be listed on different exchanges and\/or in different currencies.<\/strong><\/p>\n<p>In our case, both <strong>$IWDA<\/strong>\u00a0and\u00a0<strong>$SWDA<\/strong> refer to the same fund \u2013 the accumulating iShares Core S&amp;P 500 UCITS ETF, with the ISIN IE00B4L5Y983.<\/p>\n<ul>\n<li>IWDA is the listing on Euronext Amsterdam and the London Stock Exchange (in $USD)<\/li>\n<li>SWDA is the listing on Borsa Italiana, the SIX Swiss Exchange, and the London Stock Exchange (in $GPB)<\/li>\n<li>EUNL is the listing on the German XETRA exchange and the Stuttgart Stock Exchange<\/li>\n<\/ul>\n<p>My go-to places to see all exchange listings and their respective tickers is <a href=\"https:\/\/www.justetf.com\/en\/etf-profile.html?isin=IE00B4L5Y983#stock-exchange\">JustETF&#8217;s page of the fund<\/a>, in the section &#8220;Stock exchange&#8221;.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"Which_One_to_Choose\"><\/span>Which One to Choose?<span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>After you determined which ETF you want, the dilemma of which ticker to select boils down to two factors:<\/p>\n<ul>\n<li>The currency in which you want to buy<\/li>\n<li>The listing available through your broker<\/li>\n<\/ul>\n<p>If an option satisfies both of these, you&#8217;re good to go.<\/p>\n<p>All purchases will flow to the same fund &#8211; the <strong>iShares Core MSCI World UCITS ETF<\/strong><strong>.<\/strong><\/p>\n<h2><span class=\"ez-toc-section\" id=\"Further_Reading\"><\/span>Further Reading<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>If you want more amazing posts on UCITS ETFs, check out the following links:<\/p>\n<ul>\n<li><a href=\"https:\/\/dpetkovski.com\/cspx-vs-vusa-vs-iusa-my-thoughts\">CSPX vs VUSA vs IUSA \u2013 My Thoughts<\/a><\/li>\n<li><a href=\"https:\/\/dpetkovski.com\/replicating-vwce-optimize-for-cost-and-performance\/\">Replicating VWCE \u2013 Optimize for Cost and Performance<\/a><\/li>\n<li><a href=\"https:\/\/dpetkovski.com\/core-stock-portfolio-for-eu-investors-etf-selection-tips\/\">Core Portfolio for EU Investors (ETF Selection &amp; Tips)<\/a><\/li>\n<li><a href=\"https:\/\/dpetkovski.com\/iwda-vs-vwce-and-vwrl-for-european-investors\/\">IWDA vs VWCE and VWRL<\/a><\/li>\n<li><a href=\"https:\/\/dpetkovski.com\/the-best-emerging-market-etf-for-europeans\/\">The Best Emerging Market ETFs for Europeans<\/a><\/li>\n<li><a href=\"https:\/\/dpetkovski.com\/northern-trust-funds-vs-etfs-full-comparison\">Northern Trust Funds vs ETFs \u2013 Full Comparison<\/a><\/li>\n<li><a href=\"https:\/\/dpetkovski.com\/cspx-vs-sxr8-whats-the-difference\">CSPX vs SXR8 \u2013 What\u2019s The Difference?<\/a><\/li>\n<\/ul>\n<p><em>For the complete series covering investing from Europe, visit:\u00a0<a href=\"https:\/\/dpetkovski.com\/eu-investors-handbook\/\"><strong>EU Investors Handbook<\/strong><\/a>.<\/em><\/p>\n<p><em>If this is too advanced for you, check the beginner-friendly and\u00a0<strong>free resource<\/strong>\u00a0on stock market investing:\u00a0<\/em><strong><a href=\"https:\/\/dpetkovski.com\/how-to-start-investing-a-complete-beginner-series\/\"><em>How to Start Investing: A Complete Beginner Series<\/em><\/a>.<\/strong><\/p>\n<p>&nbsp;<\/p>\n","protected":false},"excerpt":{"rendered":"<p>New investors that want to diversify globally don&rsquo;t understand the difference between $IWDA vs $SWDA. And indeed, both of those represent the iShares Core MSCI World UCITS ETF (Acc), so the distinction might be confusing to beginners. In this post, I&rsquo;ll explain why some ETFs have multiple tickers and how to choose between them. iShares&nbsp;&hellip;<\/p>\n","protected":false},"author":1,"featured_media":4255,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[16,17],"tags":[],"ppma_author":[4],"class_list":["post-4252","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-investing","category-stocks-etfs"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v21.7 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>IWDA vs SWDA - What&#039;s The Difference? - D. Petkovski<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"http:\/\/localhost\/dpetkovski\/iwda-vs-swda-whats-the-difference\/\" \/>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"IWDA vs SWDA - What's The Difference? - D. Petkovski","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"http:\/\/localhost\/dpetkovski\/iwda-vs-swda-whats-the-difference\/","schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"http:\/\/localhost\/dpetkovski\/iwda-vs-swda-whats-the-difference\/#article","isPartOf":{"@id":"http:\/\/localhost\/dpetkovski\/iwda-vs-swda-whats-the-difference\/"},"author":{"name":"D. 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Petkovski","description":"","publisher":{"@id":"http:\/\/localhost\/dpetkovski\/#\/schema\/person\/ce4d9bf1ba43635723c9d1b513b58049"},"potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"http:\/\/localhost\/dpetkovski\/?s={search_term_string}"},"query-input":"required name=search_term_string"}],"inLanguage":"en-US"},{"@type":["Person","Organization"],"@id":"http:\/\/localhost\/dpetkovski\/#\/schema\/person\/ce4d9bf1ba43635723c9d1b513b58049","name":"D. Petkovski","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"http:\/\/localhost\/dpetkovski\/#\/schema\/person\/image\/90ed75112c4551a9821543cf78919925","url":"http:\/\/0.gravatar.com\/avatar\/?s=96&d=mm&r=g","contentUrl":"http:\/\/0.gravatar.com\/avatar\/?s=96&d=mm&r=g","caption":"D. Petkovski"},"logo":{"@id":"http:\/\/localhost\/dpetkovski\/#\/schema\/person\/image\/90ed75112c4551a9821543cf78919925"},"description":"D. Petkovski \ud83d\udcd3 The Author\u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 Husband &amp; Father Software Engineer\u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0StrengthCentric Bitcoin Hodler\u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0\u00a0DeFi Veteran \u00a0 \ud83c\udf0d Everything Enthusiast \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0\ud83d\udd25 Optimist Revolutionizing ideas. Simplifying complexity. Sharing knowledge.","sameAs":["https:\/\/facebook.com\/dpetkovski","https:\/\/www.instagram.com\/strengthcentric\/","https:\/\/twitter.com\/petkovskix"],"url":"http:\/\/localhost\/dpetkovski\/author\/petkovski\/"}]}},"authors":[{"term_id":4,"user_id":1,"is_guest":0,"slug":"petkovski","display_name":"D. Petkovski","avatar_url":"http:\/\/1.gravatar.com\/avatar\/?s=96&d=mm&r=g","user_url":"","last_name":"","first_name":"","description":"<span style=\"font-size: 23px\">D. Petkovski<\/span> <br> <br>\r\n\r\n\ud83d\udcd3 The Author\u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0  \u00a0 \u00a0 \u00a0 \u00a0<span class=\"css-1qaijid r-bcqeeo r-qvutc0 r-poiln3\"><img class=\"emoji\" role=\"img\" src=\"https:\/\/s.w.org\/images\/core\/emoji\/14.0.0\/svg\/1f46a.svg\" alt=\"\ud83d\udc6a\" \/> Husband &amp; Father <\/span>\r\n<br>\r\n<span class=\"css-1qaijid r-bcqeeo r-qvutc0 r-poiln3\"><img class=\"emoji\" role=\"img\" src=\"https:\/\/s.w.org\/images\/core\/emoji\/14.0.0\/svg\/1f5a5.svg\" alt=\"\ud83d\udda5\ufe0f\" \/> Software Engineer\u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 <\/span><span class=\"css-1qaijid r-bcqeeo r-qvutc0 r-poiln3\"><img class=\"emoji\" role=\"img\" src=\"https:\/\/s.w.org\/images\/core\/emoji\/14.0.0\/svg\/1f4aa.svg\" alt=\"\ud83d\udcaa\" \/><\/span><span class=\"css-1qaijid r-bcqeeo r-qvutc0 r-poiln3\">\u00a0StrengthCentric <\/span>\r\n<br>\r\n<span class=\"r-18u37iz\"><img class=\"r-4qtqp9 r-dflpy8 r-zw8f10 r-10akycc r-h9hxbl r-9cviqr\" src=\"https:\/\/abs.twimg.com\/hashflags\/Bitcoin_evergreen\/Bitcoin_evergreen.png\" alt=\"\" width=\"20\" height=\"20\" \/> <\/span> Bitcoin <span class=\"css-1qaijid r-bcqeeo r-qvutc0 r-poiln3\">Hodler\u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0   \u00a0                            \u00a0 \u00a0 \u00a0<\/span><span class=\"css-1qaijid r-bcqeeo r-qvutc0 r-poiln3\"><img class=\"emoji\" role=\"img\" src=\"https:\/\/s.w.org\/images\/core\/emoji\/14.0.0\/svg\/1f4c8.svg\" alt=\"\ud83d\udcc8\" \/><\/span>\u00a0<span class=\"r-18u37iz\">DeFi<\/span><span class=\"css-1qaijid r-bcqeeo r-qvutc0 r-poiln3\"> Veteran <\/span><span class=\"css-1qaijid r-bcqeeo r-qvutc0 r-poiln3\">\u00a0<\/span>\r\n<br>\r\n\ud83c\udf0d Everything Enthusiast              \u00a0 \u00a0 \u00a0 \u00a0   \u00a0 \u00a0 \u00a0              \u00a0   \u00a0\ud83d\udd25 Optimist <br><br>\r\n\r\nRevolutionizing ideas. Simplifying complexity. Sharing knowledge. \r\n"}],"_links":{"self":[{"href":"http:\/\/localhost\/dpetkovski\/wp-json\/wp\/v2\/posts\/4252"}],"collection":[{"href":"http:\/\/localhost\/dpetkovski\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"http:\/\/localhost\/dpetkovski\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"http:\/\/localhost\/dpetkovski\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"http:\/\/localhost\/dpetkovski\/wp-json\/wp\/v2\/comments?post=4252"}],"version-history":[{"count":6,"href":"http:\/\/localhost\/dpetkovski\/wp-json\/wp\/v2\/posts\/4252\/revisions"}],"predecessor-version":[{"id":4271,"href":"http:\/\/localhost\/dpetkovski\/wp-json\/wp\/v2\/posts\/4252\/revisions\/4271"}],"wp:featuredmedia":[{"embeddable":true,"href":"http:\/\/localhost\/dpetkovski\/wp-json\/wp\/v2\/media\/4255"}],"wp:attachment":[{"href":"http:\/\/localhost\/dpetkovski\/wp-json\/wp\/v2\/media?parent=4252"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/localhost\/dpetkovski\/wp-json\/wp\/v2\/categories?post=4252"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/localhost\/dpetkovski\/wp-json\/wp\/v2\/tags?post=4252"},{"taxonomy":"author","embeddable":true,"href":"http:\/\/localhost\/dpetkovski\/wp-json\/wp\/v2\/ppma_author?post=4252"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}