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EUNL (IWDA) vs DEGC: which ETF won each year?

Yearly returns side by side, one winner per year — dividends included, priced as you'd actually buy them.

Every figure here is in euros — what you'd actually pocket buying on Xetra. Fund fact sheets usually headline returns in US dollars, which can look very different: in 2025 a world tracker rose about 23% in dollars but only about 9% in euros, because the euro gained roughly 13% against the dollar. Here's the full story, year by year.

Fund A
iShares logoEUNL
Fund B
DimensionalDEGC

EUNL tracks the MSCI World Index

EUNL vs DEGC, year by year

Calendar-year total returns (dividends included) side by side, and who took the crown each year. A dash means the fund did not exist yet.

Years compared
2
where both funds were trading
EUNL won
1
years
DEGC won
1
years
YearEUNLDEGCWinner
2026 (so far)+11.86%+12.65%DEGC
2025+7.90%+1.95%EUNL
2024+25.93%——
2023+20.13%——
2022-13.59%——
2021+32.71%——
2020+5.48%——
2019+31.34%——
2018-5.13%——
2017+7.71%——
2016+10.91%——
2015+10.81%——
2014+20.38%——
2013+21.89%——
2012+12.45%——
2011-3.26%——
2010+19.38%——
2009+4.65%——

EUNL vs DEGC in plain words

EUNL tracks the MSCI World Index while DEGC follows the Dimensional Global Core Equity strategy, so they own different slices of the market and their years can look very different. EUNL charges 0.20% a year in running costs and DEGC charges 0.26% — EUNL is the cheaper fund to hold.

Both are accumulating funds: dividends are reinvested inside the fund and show up as a higher share price, never as a payout. Across the 2 calendar years both funds were trading, EUNL finished the year ahead 1 times and DEGC 1 times.

IWDA (London/Amsterdam, USD) and SWDA (London, GBP) are listings of the same fund, ISIN IE00B4L5Y983 — EUNL is its EUR line on Xetra.

Actively managed: it weights developed-market companies towards low valuations, high profitability and smaller size rather than following an index, and measures itself against the MSCI World.

Fund facts: EUNL vs DEGC

FactEUNLDEGC
FundiShares Core MSCI World UCITS ETF (Acc)Dimensional Global Core Equity UCITS ETF USD (Acc)
TracksMSCI World IndexDimensional Global Core Equity strategy
Yearly cost (TER)0.20%0.26%
DividendsAccumulating — dividends reinvestedAccumulating — dividends reinvested
Launched25 Sept 200912 Nov 2025
ISINIE00B4L5Y983IE000EGGFVG6
WKNA0RPWHA41E9T
Also trades asIWDA—

Frequently asked

Is EUNL or DEGC better?

Across the 2 calendar years both funds were trading, EUNL finished the year ahead 1 times and DEGC 1 times. Past returns don't promise future ones — but this is what actually happened.

What is the difference between EUNL and DEGC?

EUNL tracks the MSCI World Index while DEGC follows the Dimensional Global Core Equity strategy, so they own different slices of the market and their years can look very different. EUNL charges 0.20% a year in running costs and DEGC charges 0.26% — EUNL is the cheaper fund to hold. Both are accumulating funds: dividends are reinvested inside the fund and show up as a higher share price, never as a payout.

Is IWDA the same as EUNL?

IWDA (London/Amsterdam, USD) and SWDA (London, GBP) are listings of the same fund, ISIN IE00B4L5Y983 — EUNL is its EUR line on Xetra.

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