AVHNY vs. IBCZ.DE

Last updated Apr 2, 2026

Compare and contrast key facts about Ackermans & Van Haaren NV ADR (AVHNY) and iShares Edge MSCI World Multifactor UCITS ETF USD (Acc) (IBCZ.DE).

IBCZ.DE is a passively managed fund by iShares that tracks the performance of the MSCI World Diversified Multiple-Factor. It was launched on Sep 4, 2015.

Performance

AVHNY vs. IBCZ.DE - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Ackermans & Van Haaren NV ADR (AVHNY) and iShares Edge MSCI World Multifactor UCITS ETF USD (Acc) (IBCZ.DE). The values are adjusted to include any dividend payments, if applicable.

AVHNY vs. IBCZ.DE - Yearly Performance Comparison

	2026 (YTD)	2025	2024
AVHNY Ackermans & Van Haaren NV ADR	0.00%	76.45%	0.00%
IBCZ.DE iShares Edge MSCI World Multifactor UCITS ETF USD (Acc)	-1.92%	26.50%	-1.50%

Different Trading Currencies

AVHNY is traded in USD, while IBCZ.DE is traded in EUR. To make them comparable, the IBCZ.DE values have been converted to USD using the latest available exchange rates.

Returns By Period

AVHNY

• 1D: 0.00%
• 1M: 0.00%
• YTD: 0.00%
• 6M: 64.99%
• 1Y: 64.99%
• 3Y*: —
• 5Y*: —
• 10Y*: —

IBCZ.DE

• 1D: 2.43%
• 1M: -3.18%
• YTD: -1.92%
• 6M: 2.11%
• 1Y: 23.17%
• 3Y*: 16.94%
• 5Y*: 9.26%
• 10Y*: 10.45%

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

Return for Risk

AVHNY vs. IBCZ.DE — Risk / Return Rank

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

AVHNY

AVHNY Risk / Return Rank: 94
AVHNY Sharpe Ratio Rank: 73
AVHNY Sortino Ratio Rank: 100
AVHNY Omega Ratio Rank: 100
AVHNY Calmar Ratio Rank: 100
AVHNY Martin Ratio Rank: 99

IBCZ.DE

IBCZ.DE Risk / Return Rank: 57
IBCZ.DE Sharpe Ratio Rank: 48
IBCZ.DE Sortino Ratio Rank: 45
IBCZ.DE Omega Ratio Rank: 49
IBCZ.DE Calmar Ratio Rank: 67
IBCZ.DE Martin Ratio Rank: 75

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.

AVHNY vs. IBCZ.DE - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Ackermans & Van Haaren NV ADR (AVHNY) and iShares Edge MSCI World Multifactor UCITS ETF USD (Acc) (IBCZ.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.

	AVHNY	IBCZ.DE	Difference
Sharpe ratio Return per unit of total volatility	1.01	1.41	-0.40
Sortino ratio Return per unit of downside risk	24.86	2.00	+22.85
Omega ratio Gain probability vs. loss probability	25.66	1.29	+24.37
Calmar ratio Return relative to maximum drawdown	24.63	2.54	+22.09
Martin ratio Return relative to average drawdown	40.99	11.07	+29.92
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

AVHNY vs. IBCZ.DE - Sharpe Ratio Comparison

The current AVHNY Sharpe Ratio is 1.01, which is comparable to the IBCZ.DE Sharpe Ratio of 1.41. The chart below compares the historical Sharpe Ratios of AVHNY and IBCZ.DE, 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

	AVHNY	IBCZ.DE	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	1.01	1.41	-0.40
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	—	0.59	—
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	—	0.65	—
Sharpe Ratio (All Time) Calculated using the full available price history	1.12	0.61	+0.50

Correlation

The correlation between AVHNY and IBCZ.DE is -0.03. This indicates that the assets' prices tend to move in opposite directions. Negative correlation can be particularly beneficial for diversification and risk management, as one asset may offset the losses of the other during market fluctuations.

Dividends

AVHNY vs. IBCZ.DE - Dividend Comparison

AVHNY's dividend yield for the trailing twelve months is around 1.64%, while IBCZ.DE has not paid dividends to shareholders.

	TTM	2025
AVHNY Ackermans & Van Haaren NV ADR	1.64%	1.64%
IBCZ.DE iShares Edge MSCI World Multifactor UCITS ETF USD (Acc)	0.00%	0.00%

Drawdowns

AVHNY vs. IBCZ.DE - Drawdown Comparison

The maximum AVHNY drawdown since its inception was -2.64%, smaller than the maximum IBCZ.DE drawdown of -34.50%. Use the drawdown chart below to compare losses from any high point for AVHNY and IBCZ.DE.

Drawdown Indicators

	AVHNY	IBCZ.DE	Difference
Max Drawdown Largest peak-to-trough decline	-2.64%	-33.99%	+31.35%
Max Drawdown (1Y) Largest decline over 1 year	-2.64%	-12.48%	+9.84%
Max Drawdown (5Y) Largest decline over 5 years	—	-19.98%	—
Max Drawdown (10Y) Largest decline over 10 years	—	-33.99%	—
Current Drawdown Current decline from peak	0.00%	-2.56%	+2.56%
Average Drawdown Average peak-to-trough decline	-0.90%	-4.59%	+3.69%
Ulcer Index Depth and duration of drawdowns from previous peaks	1.59%	1.71%	-0.12%

Volatility

AVHNY vs. IBCZ.DE - Volatility Comparison

The current volatility for Ackermans & Van Haaren NV ADR (AVHNY) is 0.00%, while iShares Edge MSCI World Multifactor UCITS ETF USD (Acc) (IBCZ.DE) has a volatility of 4.98%. This indicates that AVHNY experiences smaller price fluctuations and is considered to be less risky than IBCZ.DE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	AVHNY	IBCZ.DE	Difference
Volatility (1M) Calculated over the trailing 1-month period	0.00%	4.98%	-4.98%
Volatility (6M) Calculated over the trailing 6-month period	50.07%	9.06%	+41.01%
Volatility (1Y) Calculated over the trailing 1-year period	65.49%	16.36%	+49.13%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	63.58%	15.45%	+48.13%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	63.58%	15.87%	+47.71%