84X0.DE vs. SXR8.DE
84X0.DE (iShares MSCI EM ex-China UCITS ETF USD Acc) and SXR8.DE (iShares Core S&P 500 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 SXR8.DE is a S&P 500 fund tracking the S&P 500 Index. Both are passively managed. Over the past year, 84X0.DE returned 67.73% vs 25.54% for SXR8.DE. A 0.64 correlation means they provide meaningful diversification when combined. 84X0.DE charges 0.18%/yr vs 0.07%/yr for SXR8.DE.
Performance
84X0.DE vs. SXR8.DE - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, 84X0.DE achieves a 40.37% return, which is significantly higher than SXR8.DE's 11.37% return.
84X0.DE
- 1D
- -1.73%
- 1M
- 5.67%
- YTD
- 40.37%
- 6M
- 42.72%
- 1Y
- 67.73%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
SXR8.DE
- 1D
- -0.15%
- 1M
- 4.36%
- YTD
- 11.37%
- 6M
- 10.83%
- 1Y
- 25.54%
- 3Y*
- 18.87%
- 5Y*
- 14.77%
- 10Y*
- 14.95%
84X0.DE vs. SXR8.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% |
SXR8.DE iShares Core S&P 500 UCITS ETF USD (Acc) | 11.37% | 4.73% | 32.32% | 6.69% |
Correlation
The correlation between 84X0.DE and SXR8.DE is 0.70, 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 | 0.70 |
Correlation (All Time) Calculated using the full available price history since Nov 6, 2023 | 0.64 |
The correlation between 84X0.DE and SXR8.DE has been stable across timeframes, ranging from 0.64 to 0.70 - 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. SXR8.DE — Risk / Return Rank
84X0.DE
SXR8.DE
84X0.DE vs. SXR8.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 Core S&P 500 UCITS ETF USD (Acc) (SXR8.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 | SXR8.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +1.31 | ||
| Sortino ratioReturn per unit of downside risk | +1.50 | ||
| Omega ratioGain probability vs. loss probability | 1.64 | 1.41 | +0.23 |
| Calmar ratioReturn relative to maximum drawdown | 5.88 | 3.58 | +2.30 |
| Martin ratioReturn relative to average drawdown | 21.92 | 12.71 | +9.21 |
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 | SXR8.DE | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 3.52 | 2.21 | +1.31 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | — | 0.96 | — |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | — | 0.92 | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 1.77 | 0.79 | +0.98 |
Drawdowns
84X0.DE vs. SXR8.DE - Drawdown Comparison
The maximum 84X0.DE drawdown since its inception was -19.72%, smaller than the maximum SXR8.DE drawdown of -33.78%. Use the drawdown chart below to compare losses from any high point for 84X0.DE and SXR8.DE.
Loading charts...
Drawdown Indicators
| 84X0.DE | SXR8.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -19.72% | -33.78% | +14.06% |
Max Drawdown (1Y)Largest decline over 1 year | -11.66% | -7.13% | -4.53% |
Max Drawdown (3Y)Largest decline over 3 years | — | -23.32% | — |
Max Drawdown (5Y)Largest decline over 5 years | — | -23.32% | — |
Max Drawdown (10Y)Largest decline over 10 years | — | -33.78% | — |
Current DrawdownCurrent decline from peak | -2.49% | -0.45% | -2.04% |
Average DrawdownAverage peak-to-trough decline | -2.70% | -5.17% | +2.47% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 3.13% | 2.01% | +1.12% |
Volatility
84X0.DE vs. SXR8.DE - Volatility Comparison
iShares MSCI EM ex-China UCITS ETF USD Acc (84X0.DE) has a higher volatility of 8.41% compared to iShares Core S&P 500 UCITS ETF USD (Acc) (SXR8.DE) at 2.65%. This indicates that 84X0.DE's price experiences larger fluctuations and is considered to be riskier than SXR8.DE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| 84X0.DE | SXR8.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 8.41% | 2.65% | +5.76% |
Volatility (6M)Calculated over the trailing 6-month period | 16.93% | 7.57% | +9.36% |
Volatility (1Y)Calculated over the trailing 1-year period | 19.46% | 11.56% | +7.90% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 17.11% | 15.16% | +1.95% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 17.11% | 16.09% | +1.02% |
84X0.DE vs. SXR8.DE - Expense Ratio Comparison
84X0.DE has a 0.18% expense ratio, which is higher than SXR8.DE's 0.07% expense ratio. However, both funds are considered low-cost compared to the broader market, where average expense ratios usually range from 0.3% to 0.9%.
Dividends
84X0.DE vs. SXR8.DE - Dividend Comparison
Neither 84X0.DE nor SXR8.DE has paid dividends to shareholders.
Frequently Asked Questions
84X0.DE and SXR8.DE have a correlation of 0.70, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, SXR8.DE is cheaper at 0.07% per year. The better choice depends on whether you care most about return, fees, risk, or income.
SXR8.DE is cheaper with a 0.07% expense ratio, compared with 0.18% for 84X0.DE.
84X0.DE is categorized as Emerging Markets Equities, while SXR8.DE is S&P 500. 84X0.DE tracks MSCI Emerging Markets ex China Index (Net), while SXR8.DE tracks S&P 500 Index. Their fees differ too: 0.18% for 84X0.DE and 0.07% for SXR8.DE.
Find the right allocation for 84X0.DE and SXR8.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