Global shares
IWLD
iShares Core MSCI World ex Australia ESG ETF · iShares
Around 720 large and medium-sized companies from developed countries outside Australia, screened for environmental, social and governance (ESG) factors.
What the fee costs you
The management fee is 0.09% a year. Here’s what that works out to in dollars:
A 0.09% yearly fee works out to about $9.00 a year per $10,000 invested.
A rough guide based on the headline fee only. Other costs (such as brokerage or buy/sell spreads) aren’t included.
The basics
- Issuer
- iShares
- Asset class
- Global shares
- Number of holdings
- ~720
- Where it invests
- Developed markets, heavily weighted to the United States, with Japan, the UK and Europe making up much of the rest.
- Income paid
- Half-yearly
- Currency hedged
- No — It's unhedged, so for an Australian investor the value also moves with the Australian dollar against foreign currencies, on top of the markets themselves.
Its character
A low-cost, ESG-screened way to own global developed-market shares in one trade. The screens tilt it away from some companies, but it still broadly follows the world index and its big US technology names.
What to keep in mind
Spread across many countries and companies, which softens single-market risk — but it still leans heavily on the United States and large technology firms, and carries currency movements for an Australian holder.
How this fund relates to others
An ESG-screened version of the same developed-world basket as VGS and BGBL, so it overlaps heavily with them and with VESG (the other screened world fund), differing mainly in which companies the screens exclude.
Figures last verified 2026-06-12against the issuer’s factsheet and PDS.