^AEX vs. URTH

Last updated Apr 2, 2026

Compare and contrast key facts about AEX Index (^AEX) and iShares MSCI World ETF (URTH).

URTH is a passively managed fund by iShares that tracks the performance of the MSCI World Index. It was launched on Jan 10, 2012.

Performance

^AEX vs. URTH - Performance Comparison

The chart below illustrates the hypothetical performance of a €10,000 investment in AEX Index (^AEX) and iShares MSCI World ETF (URTH). The values are adjusted to include any dividend payments, if applicable.

^AEX vs. URTH - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
^AEX AEX Index	2.67%	8.27%	11.67%	14.20%	-13.65%	27.75%	3.31%	23.92%	-10.41%	12.71%
URTH iShares MSCI World ETF	-0.63%	6.96%	26.49%	20.23%	-12.88%	31.42%	6.24%	31.04%	-4.27%	7.84%

Different Trading Currencies

^AEX is traded in EUR, while URTH is traded in USD. To make them comparable, the URTH values have been converted to EUR using the latest available exchange rates.

Returns By Period

In the year-to-date period, ^AEX achieves a 2.67% return, which is significantly higher than URTH's -1.56% return. Over the past 10 years, ^AEX has underperformed URTH with an annualized return of 8.44%, while URTH has yielded a comparatively higher 11.90% annualized return.

^AEX

• 1D: 1.76%
• 1M: -3.88%
• YTD: 2.67%
• 6M: 3.01%
• 1Y: 7.90%
• 3Y*: 8.91%
• 5Y*: 6.63%
• 10Y*: 8.44%

URTH

• 1D: 0.00%
• 1M: -4.30%
• YTD: -1.56%
• 6M: 0.98%
• 1Y: 11.14%
• 3Y*: 14.62%
• 5Y*: 10.64%
• 10Y*: 11.90%

*Multi-year figures are annualized to reflect compound growth (CAGR)

Return for Risk

^AEX vs. URTH — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

^AEX

^AEX Risk / Return Rank: 49
^AEX Sharpe Ratio Rank: 34
^AEX Sortino Ratio Rank: 31
^AEX Omega Ratio Rank: 32
^AEX Calmar Ratio Rank: 84
^AEX Martin Ratio Rank: 65

URTH

URTH Risk / Return Rank: 68
URTH Sharpe Ratio Rank: 65
URTH Sortino Ratio Rank: 67
URTH Omega Ratio Rank: 69
URTH Calmar Ratio Rank: 66
URTH Martin Ratio Rank: 76

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

^AEX vs. URTH - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for AEX Index (^AEX) and iShares MSCI World ETF (URTH). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.

	^AEX	URTH	Difference
Sharpe ratio Return per unit of total volatility	0.50	0.59	-0.08
Sortino ratio Return per unit of downside risk	0.76	0.92	-0.17
Omega ratio Gain probability vs. loss probability	1.11	1.15	-0.04
Calmar ratio Return relative to maximum drawdown	2.36	0.91	+1.45
Martin ratio Return relative to average drawdown	5.66	3.97	+1.70
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

^AEX vs. URTH - Sharpe Ratio Comparison

The current ^AEX Sharpe Ratio is 0.50, which is comparable to the URTH Sharpe Ratio of 0.59. The chart below compares the historical Sharpe Ratios of ^AEX and URTH, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

Sharpe Ratios by Period

	^AEX	URTH	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	0.50	0.59	-0.08
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.42	0.70	-0.27
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.51	0.69	-0.18
Sharpe Ratio (All Time) Calculated using the full available price history	0.36	0.70	-0.34

Correlation

The correlation between ^AEX and URTH is 0.51, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.

Drawdowns

^AEX vs. URTH - Drawdown Comparison

The maximum ^AEX drawdown since its inception was -71.60%, which is greater than URTH's maximum drawdown of -33.45%. Use the drawdown chart below to compare losses from any high point for ^AEX and URTH.

Drawdown Indicators

	^AEX	URTH	Difference
Max Drawdown Largest peak-to-trough decline	-71.60%	-34.01%	-37.59%
Max Drawdown (1Y) Largest decline over 1 year	-11.65%	-11.85%	+0.20%
Max Drawdown (5Y) Largest decline over 5 years	-23.80%	-26.05%	+2.25%
Max Drawdown (10Y) Largest decline over 10 years	-35.78%	-34.01%	-1.77%
Current Drawdown Current decline from peak	-5.18%	-5.49%	+0.31%
Average Drawdown Average peak-to-trough decline	-22.69%	-4.42%	-18.27%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.84%	2.47%	+0.37%

Volatility

^AEX vs. URTH - Volatility Comparison

AEX Index (^AEX) has a higher volatility of 5.17% compared to iShares MSCI World ETF (URTH) at 4.54%. This indicates that ^AEX's price experiences larger fluctuations and is considered to be riskier than URTH based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	^AEX	URTH	Difference
Volatility (1M) Calculated over the trailing 1-month period	5.17%	4.54%	+0.63%
Volatility (6M) Calculated over the trailing 6-month period	10.00%	9.43%	+0.57%
Volatility (1Y) Calculated over the trailing 1-year period	15.47%	19.08%	-3.61%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	15.39%	15.35%	+0.04%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	16.22%	17.27%	-1.05%