OriginaveEUNL — iShares Core MSCI World UCITS ETF (Acc)
iShares Core MSCI World UCITS ETF (Acc): what it is, what it costs, and what its EUR line on Xetra actually returned — dividends reinvested.
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.
EUNL in plain words
EUNL is the iShares Core MSCI World UCITS ETF (Acc) from iShares. It tracks the MSCI World Index and costs 0.20% a year, quietly deducted from returns. No cash payouts — EUNL is an accumulating fund. Dividends are reinvested inside the fund and show up as a higher share price instead of landing in your account.
€10,000 invested at the start of 2016 was worth €29,391 by the end of 2025 — an average of 11.4% per year over 10 full years, dividends reinvested. Its best full year so far was 2021 (+32.71%), its worst 2022 (-13.59%) — the range you sign up for.
IWDA (London/Amsterdam, USD) and SWDA (London, GBP) are listings of the same fund, ISIN IE00B4L5Y983 — EUNL is its EUR line on Xetra.
EUNL fund facts
| Fund | iShares Core MSCI World UCITS ETF (Acc) |
|---|---|
| Provider | iShares |
| Tracks | MSCI World Index |
| Yearly cost (TER) | 0.20% |
| Dividends | Accumulating — reinvested automatically |
| Launched | 25 Sept 2009 |
| ISIN | IE00B4L5Y983 |
| WKN | A0RPWH |
| Also trades as | IWDA |
Curious what the index actually holds? Read our MSCI World Index profile.
EUNL returns by year (EUR)
| Year | Total return |
|---|---|
| 2026 (so far) | +11.86% |
| 2025 | +7.90% |
| 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% |
Calendar-year total returns of EUNL in EUR, dividends reinvested — the ETF tracking this index, not the raw index level.
Frequently asked
Is EUNL a good investment?
EUNL is a broad, low-effort way to own the MSCI World Index at 0.20% a year. €10,000 invested at the start of 2016 was worth €29,391 by the end of 2025 — an average of 11.4% per year over 10 full years, dividends reinvested. Whether it fits depends on your goals and horizon — past returns don't promise future ones, but this is the actual track record.
What is EUNL's TER?
EUNL's total expense ratio (TER) is 0.20% per year, deducted continuously from the fund's assets — you never get a bill, the returns are simply quoted after costs.
Does EUNL pay dividends?
No cash payouts — EUNL is an accumulating fund. Dividends are reinvested inside the fund and show up as a higher share price instead of landing in your account.
What would €10,000 invested in EUNL be worth?
€10,000 invested at the start of 2016 was worth €29,391 by the end of 2025 — an average of 11.4% per year over 10 full years, dividends reinvested.
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.
Curious about other amounts or start years? Try the EUNL what-if calculator.