iShares Core MSCI World EUR Hedged vs MyInvestor Indexado Global

They track different indices: iShares Core MSCI World EUR Hedged follows MSCI World (EUR hedged) and MyInvestor Indexado Global follows Global indexed portfolio (MSCI World). They also differ in cost (0.30% vs 0.30% TER), replication (physical vs physical) and domicile (Ireland vs Spain).

Nobody can know that: they track different indices, so their returns will diverge, and past index performance is not a prediction. What you can control today is the cost, the tax structure and whether the index actually covers what you want exposure to.

Their fees are effectively identical (0.30% vs 0.30%), so cost should not decide this one. Look at index coverage, distribution policy and availability at your broker instead.

MyInvestor Indexado Global is accumulating (dividends are reinvested inside the fund) and iShares Core MSCI World EUR Hedged is distributing (dividends are paid out to you). For long-term compounding in Spain, accumulating usually defers taxation; distributing gives you income you are taxed on each year.

Yes. Unlike two funds tracking the identical index, these give you genuinely different exposure, so holding both is not automatically redundant — just be aware you may end up overlapping on the largest companies and doubling your rebalancing work.