84X0.DE vs. SEC0.DE
84X0.DE (iShares MSCI EM ex-China UCITS ETF USD Acc) and SEC0.DE (iShares MSCI Global Semiconductors UCITS ETF USD (Acc)) are both exchange-traded funds - 84X0.DE is a Emerging Markets Equities fund tracking the MSCI Emerging Markets ex China Index (Net), while SEC0.DE is a Semiconductors fund tracking the MSCI ACWI IMI Semiconductors & Semiconductor Equipment ESG Screened Select Capped. Both are passively managed. Over the past year, 84X0.DE returned 67.73% vs 188.23% for SEC0.DE. A 0.73 correlation means they provide meaningful diversification when combined. 84X0.DE charges 0.18%/yr vs 0.35%/yr for SEC0.DE.
Performance
84X0.DE vs. SEC0.DE - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, 84X0.DE achieves a 40.37% return, which is significantly lower than SEC0.DE's 98.10% return.
84X0.DE
- 1D
- -1.73%
- 1M
- 5.67%
- YTD
- 40.37%
- 6M
- 42.72%
- 1Y
- 67.73%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
SEC0.DE
- 1D
- -2.85%
- 1M
- 18.95%
- YTD
- 98.10%
- 6M
- 98.14%
- 1Y
- 188.23%
- 3Y*
- 56.37%
- 5Y*
- —
- 10Y*
- —
84X0.DE vs. SEC0.DE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | |
|---|---|---|---|---|
84X0.DE iShares MSCI EM ex-China UCITS ETF USD Acc | 40.37% | 19.85% | 9.62% | 7.38% |
SEC0.DE iShares MSCI Global Semiconductors UCITS ETF USD (Acc) | 98.10% | 36.46% | 20.85% | 17.80% |
Correlation
The correlation between 84X0.DE and SEC0.DE is 0.81, indicating a strong positive relationship between their price movements. Combining them offers limited diversification - they tend to fall together during downturns.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.81 |
Correlation (All Time) Calculated using the full available price history since Nov 6, 2023 | 0.73 |
The correlation between 84X0.DE and SEC0.DE has been stable across timeframes, ranging from 0.73 to 0.81 - a consistent structural relationship.
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
84X0.DE vs. SEC0.DE — Risk / Return Rank
84X0.DE
SEC0.DE
84X0.DE vs. SEC0.DE - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for iShares MSCI EM ex-China UCITS ETF USD Acc (84X0.DE) and iShares MSCI Global Semiconductors UCITS ETF USD (Acc) (SEC0.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.
| 84X0.DE | SEC0.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -2.37 | ||
| Sortino ratioReturn per unit of downside risk | -1.36 | ||
| Omega ratioGain probability vs. loss probability | 1.64 | 1.75 | -0.11 |
| Calmar ratioReturn relative to maximum drawdown | 5.88 | 14.81 | -8.93 |
| Martin ratioReturn relative to average drawdown | 21.92 | 52.61 | -30.69 |
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
| 84X0.DE | SEC0.DE | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 3.52 | 5.89 | -2.37 |
Sharpe Ratio (All Time)Calculated using the full available price history | 1.77 | 1.17 | +0.60 |
Drawdowns
84X0.DE vs. SEC0.DE - Drawdown Comparison
The maximum 84X0.DE drawdown since its inception was -19.72%, smaller than the maximum SEC0.DE drawdown of -39.35%. Use the drawdown chart below to compare losses from any high point for 84X0.DE and SEC0.DE.
Loading charts...
Drawdown Indicators
| 84X0.DE | SEC0.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -19.72% | -39.35% | +19.63% |
Max Drawdown (1Y)Largest decline over 1 year | -11.66% | -12.90% | +1.24% |
Max Drawdown (3Y)Largest decline over 3 years | — | -39.35% | — |
Current DrawdownCurrent decline from peak | -2.49% | -2.85% | +0.36% |
Average DrawdownAverage peak-to-trough decline | -2.70% | -11.85% | +9.15% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 3.13% | 3.64% | -0.51% |
Volatility
84X0.DE vs. SEC0.DE - Volatility Comparison
The current volatility for iShares MSCI EM ex-China UCITS ETF USD Acc (84X0.DE) is 8.41%, while iShares MSCI Global Semiconductors UCITS ETF USD (Acc) (SEC0.DE) has a volatility of 13.13%. This indicates that 84X0.DE experiences smaller price fluctuations and is considered to be less risky than SEC0.DE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| 84X0.DE | SEC0.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 8.41% | 13.13% | -4.72% |
Volatility (6M)Calculated over the trailing 6-month period | 16.93% | 25.14% | -8.21% |
Volatility (1Y)Calculated over the trailing 1-year period | 19.46% | 32.42% | -12.96% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 17.11% | 29.95% | -12.84% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 17.11% | 29.95% | -12.84% |
84X0.DE vs. SEC0.DE - Expense Ratio Comparison
84X0.DE has a 0.18% expense ratio, which is lower than SEC0.DE's 0.35% expense ratio.
Dividends
84X0.DE vs. SEC0.DE - Dividend Comparison
Neither 84X0.DE nor SEC0.DE has paid dividends to shareholders.
Frequently Asked Questions
84X0.DE and SEC0.DE have a correlation of 0.81, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, 84X0.DE is cheaper at 0.18% per year. The better choice depends on whether you care most about return, fees, risk, or income.
84X0.DE is cheaper with a 0.18% expense ratio, compared with 0.35% for SEC0.DE.
84X0.DE is categorized as Emerging Markets Equities, while SEC0.DE is Semiconductors. 84X0.DE tracks MSCI Emerging Markets ex China Index (Net), while SEC0.DE tracks MSCI ACWI IMI Semiconductors & Semiconductor Equipment ESG Screened Select Capped. Their fees differ too: 0.18% for 84X0.DE and 0.35% for SEC0.DE.
Find the right allocation for 84X0.DE and SEC0.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