C024.DE vs. IUSE.L
C024.DE (Amundi MSCI China A II UCITS ETF Dist) and IUSE.L (iShares S&P 500 EUR Hedged UCITS ETF Acc) are both exchange-traded funds - C024.DE is a China Equities fund tracking the MSCI China A, while IUSE.L is a S&P 500 fund tracking the S&P 500 EUR Hedged Index. Both are passively managed. Over the past 10 years, C024.DE returned 6.36%/yr vs 12.04%/yr for IUSE.L. At a 0.29 correlation, their price movements are largely independent. C024.DE charges 0.25%/yr vs 0.20%/yr for IUSE.L.
Performance
C024.DE vs. IUSE.L - Performance Comparison
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Returns By Period
In the year-to-date period, C024.DE achieves a 6.31% return, which is significantly lower than IUSE.L's 7.54% return. Over the past 10 years, C024.DE has underperformed IUSE.L with an annualized return of 6.36%, while IUSE.L has yielded a comparatively higher 12.04% annualized return.
C024.DE
- 1D
- -3.37%
- 1M
- -8.00%
- 6M
- 2.17%
- YTD
- 6.31%
- 1Y
- 27.95%
- 3Y*
- 11.58%
- 5Y*
- 0.96%
- 10Y*
- 6.36%
IUSE.L
- 1D
- -1.30%
- 1M
- -0.21%
- 6M
- 6.68%
- YTD
- 7.54%
- 1Y
- 17.02%
- 3Y*
- 16.87%
- 5Y*
- 10.14%
- 10Y*
- 12.04%
C024.DE vs. IUSE.L - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
C024.DE Amundi MSCI China A II UCITS ETF Dist | 6.31% | 14.97% | 22.87% | -17.78% | -16.16% | 3.42% | 21.54% | 40.72% | -22.27% | 23.87% |
IUSE.L iShares S&P 500 EUR Hedged UCITS ETF Acc | 7.54% | 14.95% | 23.21% | 23.05% | -21.17% | 27.85% | 14.81% | 26.33% | -8.40% | 19.04% |
Correlation
The correlation between C024.DE and IUSE.L is 0.25, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.25 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.14 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.16 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.29 |
Correlation (All Time) Calculated using the full available price history since Sep 30, 2013 | 0.29 |
The correlation between C024.DE and IUSE.L shifts across timeframes, from 0.14 (3 years) to 0.29 (10 years), reflecting how their relationship changes across market environments.
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Return for Risk
C024.DE vs. IUSE.L — Risk / Return Rank
C024.DE
IUSE.L
C024.DE vs. IUSE.L - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Amundi MSCI China A II UCITS ETF Dist (C024.DE) and iShares S&P 500 EUR Hedged UCITS ETF Acc (IUSE.L). 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.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| C024.DE | IUSE.L | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.12 | ||
| Sortino ratioReturn per unit of downside risk | -0.03 | ||
| Omega ratioGain probability vs. loss probability | 1.27 | 1.26 | +0.02 |
| Calmar ratioReturn relative to maximum drawdown | 2.66 | 1.98 | +0.69 |
| Martin ratioReturn relative to average drawdown | 10.41 | 7.93 | +2.48 |
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Drawdowns
C024.DE vs. IUSE.L - Drawdown Comparison
The maximum C024.DE drawdown since its inception was -49.68%, which is greater than IUSE.L's maximum drawdown of -34.75%. Use the drawdown chart below to compare losses from any high point for C024.DE and IUSE.L.
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Drawdown Indicators
| C024.DE | IUSE.L | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -49.68% | -34.75% | -14.93% |
Max Drawdown (1Y)Largest decline over 1 year | -10.60% | -8.67% | -1.93% |
Max Drawdown (3Y)Largest decline over 3 years | -25.82% | -18.33% | -7.49% |
Max Drawdown (5Y)Largest decline over 5 years | -39.34% | -26.23% | -13.11% |
Max Drawdown (10Y)Largest decline over 10 years | -47.10% | -34.75% | -12.35% |
Current DrawdownCurrent decline from peak | -13.23% | -1.97% | -11.26% |
Average DrawdownAverage peak-to-trough decline | -26.23% | -4.25% | -21.98% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.72% | 2.16% | +0.56% |
Volatility
C024.DE vs. IUSE.L - Volatility Comparison
Amundi MSCI China A II UCITS ETF Dist (C024.DE) has a higher volatility of 9.58% compared to iShares S&P 500 EUR Hedged UCITS ETF Acc (IUSE.L) at 3.05%. This indicates that C024.DE's price experiences larger fluctuations and is considered to be riskier than IUSE.L based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| C024.DE | IUSE.L | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 9.58% | 3.05% | +6.53% |
Volatility (6M)Calculated over the trailing 6-month period | 14.53% | 9.34% | +5.19% |
Volatility (1Y)Calculated over the trailing 1-year period | 18.31% | 12.08% | +6.23% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 22.98% | 16.07% | +6.91% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 24.16% | 16.29% | +7.87% |
C024.DE vs. IUSE.L - Expense Ratio Comparison
C024.DE has a 0.25% expense ratio, which is higher than IUSE.L's 0.20% 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
C024.DE vs. IUSE.L - Dividend Comparison
C024.DE's dividend yield for the trailing twelve months is around 1.78%, while IUSE.L has not paid dividends to shareholders.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 |
|---|---|---|---|---|---|---|---|---|---|
C024.DE Amundi MSCI China A II UCITS ETF Dist | 1.78% | 1.89% | 2.19% | 1.98% | 1.34% | 1.22% | 1.42% | 1.88% | 2.49% |
IUSE.L iShares S&P 500 EUR Hedged UCITS ETF Acc | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Frequently Asked Questions
C024.DE and IUSE.L have a correlation of 0.25, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, IUSE.L is cheaper at 0.20% per year. The better choice depends on whether you care most about return, fees, risk, or income.
IUSE.L is cheaper with a 0.20% expense ratio, compared with 0.25% for C024.DE.
C024.DE is categorized as China Equities, while IUSE.L is S&P 500. C024.DE tracks MSCI China A, while IUSE.L tracks S&P 500 EUR Hedged Index. They also come from different issuers: Amundi and iShares. Their fees differ too: 0.25% for C024.DE and 0.20% for IUSE.L.
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