6PSE.DE vs. IBCY.DE
6PSE.DE (Invesco MSCI USA UCITS ETF Dist) and IBCY.DE (iShares Edge MSCI USA Multifactor UCITS ETF) are both Large Cap Blend Equities funds - 6PSE.DE tracks the MSCI USA while IBCY.DE tracks the MSCI USA Diversified Multiple-Factor. Both are passively managed. Over the past 3 years, 6PSE.DE returned 19.18%/yr vs 13.97%/yr for IBCY.DE. Their correlation of 0.88 suggests significant overlap in exposure. 6PSE.DE charges 0.05%/yr vs 0.35%/yr for IBCY.DE.
Performance
6PSE.DE vs. IBCY.DE - Performance Comparison
Loading charts...
Returns By Period
6PSE.DE
- 1D
- -0.18%
- 1M
- 4.51%
- YTD
- 11.33%
- 6M
- 10.72%
- 1Y
- 25.24%
- 3Y*
- 19.18%
- 5Y*
- —
- 10Y*
- —
IBCY.DE
- 1D
- 0.00%
- 1M
- 0.00%
- YTD
- 0.00%
- 6M
- 0.00%
- 1Y
- 13.22%
- 3Y*
- 13.97%
- 5Y*
- 10.27%
- 10Y*
- 11.22%
6PSE.DE vs. IBCY.DE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | |
|---|---|---|---|---|---|
6PSE.DE Invesco MSCI USA UCITS ETF Dist | 11.33% | 4.78% | 32.52% | 23.62% | -6.58% |
IBCY.DE iShares Edge MSCI USA Multifactor UCITS ETF | 0.00% | 6.35% | 29.21% | 13.73% | -3.67% |
Correlation
The correlation between 6PSE.DE and IBCY.DE is 0.55, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.55 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.84 |
Correlation (All Time) Calculated using the full available price history since Feb 21, 2022 | 0.88 |
Over the past year, the correlation between 6PSE.DE and IBCY.DE has dropped to 0.55 - well below their long-term average of 0.88, suggesting their price drivers have been diverging.
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Return for Risk
6PSE.DE vs. IBCY.DE — Risk / Return Rank
6PSE.DE
IBCY.DE
6PSE.DE vs. IBCY.DE - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Invesco MSCI USA UCITS ETF Dist (6PSE.DE) and iShares Edge MSCI USA Multifactor UCITS ETF (IBCY.DE). 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.
| 6PSE.DE | IBCY.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.45 | ||
| Sortino ratioReturn per unit of downside risk | +0.52 | ||
| Omega ratioGain probability vs. loss probability | 1.40 | 1.56 | -0.16 |
| Calmar ratioReturn relative to maximum drawdown | 3.44 | 4.08 | -0.65 |
| Martin ratioReturn relative to average drawdown | 11.99 | 19.99 | -7.99 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
Loading charts...
Sharpe Ratios by Period
| 6PSE.DE | IBCY.DE | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 2.15 | 1.70 | +0.45 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | — | 0.69 | — |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | — | 0.69 | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.93 | 0.63 | +0.30 |
Drawdowns
6PSE.DE vs. IBCY.DE - Drawdown Comparison
The maximum 6PSE.DE drawdown since its inception was -23.70%, smaller than the maximum IBCY.DE drawdown of -35.54%. Use the drawdown chart below to compare losses from any high point for 6PSE.DE and IBCY.DE.
Loading charts...
Drawdown Indicators
| 6PSE.DE | IBCY.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -23.70% | -35.54% | +11.84% |
Max Drawdown (1Y)Largest decline over 1 year | -7.31% | -3.26% | -4.05% |
Max Drawdown (3Y)Largest decline over 3 years | -23.70% | -22.91% | -0.79% |
Max Drawdown (5Y)Largest decline over 5 years | — | -22.91% | — |
Max Drawdown (10Y)Largest decline over 10 years | — | -35.54% | — |
Current DrawdownCurrent decline from peak | -0.41% | 0.00% | -0.41% |
Average DrawdownAverage peak-to-trough decline | -4.83% | -4.95% | +0.12% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.10% | 0.67% | +1.43% |
Volatility
6PSE.DE vs. IBCY.DE - Volatility Comparison
Invesco MSCI USA UCITS ETF Dist (6PSE.DE) has a higher volatility of 2.73% compared to iShares Edge MSCI USA Multifactor UCITS ETF (IBCY.DE) at 0.00%. This indicates that 6PSE.DE's price experiences larger fluctuations and is considered to be riskier than IBCY.DE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| 6PSE.DE | IBCY.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 2.73% | 0.00% | +2.73% |
Volatility (6M)Calculated over the trailing 6-month period | 7.68% | 0.00% | +7.68% |
Volatility (1Y)Calculated over the trailing 1-year period | 11.65% | 7.99% | +3.66% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 15.41% | 14.77% | +0.64% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 15.41% | 16.12% | -0.71% |
6PSE.DE vs. IBCY.DE - Expense Ratio Comparison
6PSE.DE has a 0.05% expense ratio, which is lower than IBCY.DE's 0.35% expense ratio.
Dividends
6PSE.DE vs. IBCY.DE - Dividend Comparison
6PSE.DE's dividend yield for the trailing twelve months is around 1.05%, while IBCY.DE has not paid dividends to shareholders.
| Position | TTM | 2025 | 2024 | 2023 | 2022 |
|---|---|---|---|---|---|
6PSE.DE Invesco MSCI USA UCITS ETF Dist | 1.05% | 1.16% | 1.26% | 1.51% | 1.69% |
IBCY.DE iShares Edge MSCI USA Multifactor UCITS ETF | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Frequently Asked Questions
6PSE.DE and IBCY.DE have a correlation of 0.55, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, 6PSE.DE is cheaper at 0.05% per year. The better choice depends on whether you care most about return, fees, risk, or income.
6PSE.DE is cheaper with a 0.05% expense ratio, compared with 0.35% for IBCY.DE.
6PSE.DE tracks MSCI USA, while IBCY.DE tracks MSCI USA Diversified Multiple-Factor. They also come from different issuers: Invesco and iShares. Their fees differ too: 0.05% for 6PSE.DE and 0.35% for IBCY.DE.
Find the right allocation for 6PSE.DE and IBCY.DE
Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Optimizer