EFQ8.DE vs. IG35.DE

Last updated Jul 18, 2026

EFQ8.DE (Deka iBoxx EUR Liquid Non-Financials Diversified UCITS ETF) and IG35.DE (iShares iBonds December 2035 Term EUR Corporate UCITS ETF (Acc)) are both European Corporate Bonds funds - EFQ8.DE tracks the iBoxx® EUR Liquid Non-Financials Diversified while IG35.DE tracks the Bloomberg MSCI December 2035 Maturity EUR Corporate ESG Screened Index. Both are passively managed. Their correlation of 0.86 suggests significant overlap in exposure. EFQ8.DE charges 0.20%/yr vs 0.12%/yr for IG35.DE.

Performance

EFQ8.DE vs. IG35.DE - Performance Comparison

The chart below illustrates the hypothetical performance of a €10,000 investment in Deka iBoxx EUR Liquid Non-Financials Diversified UCITS ETF (EFQ8.DE) and iShares iBonds December 2035 Term EUR Corporate UCITS ETF (Acc) (IG35.DE). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, EFQ8.DE achieves a -0.06% return, which is significantly lower than IG35.DE's 0.47% return.

EFQ8.DE

• 1D: 0.00%
• 1M: -0.94%
• 6M: -0.55%
• YTD: -0.06%
• 1Y: 0.66%
• 3Y*: 3.44%
• 5Y*: -1.07%
• 10Y*: 0.12%

IG35.DE

• 1D: 0.00%
• 1M: -1.00%
• 6M: -0.50%
• YTD: 0.47%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

EFQ8.DE vs. IG35.DE - Yearly Performance Comparison

	2026 (YTD)	2025
EFQ8.DE Deka iBoxx EUR Liquid Non-Financials Diversified UCITS ETF	-0.06%	-0.20%
IG35.DE iShares iBonds December 2035 Term EUR Corporate UCITS ETF (Acc)	0.47%	0.06%

Correlation

The correlation between EFQ8.DE and IG35.DE is 0.86, indicating a strong positive relationship between their price movements. Combining them offers limited diversification - they tend to fall together during downturns.

	Correlation
Correlation (All Time) Calculated using the full available price history since Dec 8, 2025	0.86

Return for Risk

EFQ8.DE vs. IG35.DE — Risk / Return Rank

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

EFQ8.DE

EFQ8.DE Risk / Return Rank: 13
EFQ8.DE Sharpe Ratio Rank: 13
EFQ8.DE Sortino Ratio Rank: 11
EFQ8.DE Omega Ratio Rank: 11
EFQ8.DE Calmar Ratio Rank: 13
EFQ8.DE Martin Ratio Rank: 14

IG35.DE

Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.

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.

EFQ8.DE vs. IG35.DE - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Deka iBoxx EUR Liquid Non-Financials Diversified UCITS ETF (EFQ8.DE) and iShares iBonds December 2035 Term EUR Corporate UCITS ETF (Acc) (IG35.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.

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.

	EFQ8.DE	IG35.DE	Difference
Sharpe ratio: Return per unit of total volatility	0.16	—	—
Sortino ratio: Return per unit of downside risk	0.26	—	—
Omega ratio: Gain probability vs. loss probability	1.03	—	—
Calmar ratio: Return relative to maximum drawdown	0.21	—	—
Martin ratio: Return relative to average drawdown	0.61	—	—

Drawdowns

EFQ8.DE vs. IG35.DE - Drawdown Comparison

The maximum EFQ8.DE drawdown since its inception was -19.42%, which is greater than IG35.DE's maximum drawdown of -4.08%. Use the drawdown chart below to compare losses from any high point for EFQ8.DE and IG35.DE.

Drawdown Indicators

	EFQ8.DE	IG35.DE	Difference
Max Drawdown Largest peak-to-trough decline	-19.42%	-4.08%	-15.34%
Max Drawdown (1Y) Largest decline over 1 year	-3.12%	—	—
Max Drawdown (3Y) Largest decline over 3 years	-3.12%	—	—
Max Drawdown (5Y) Largest decline over 5 years	-19.42%	—	—
Max Drawdown (10Y) Largest decline over 10 years	-19.42%	—	—
Current Drawdown Current decline from peak	-5.98%	-1.53%	-4.45%
Average Drawdown Average peak-to-trough decline	-4.26%	-1.10%	-3.16%
Ulcer Index Depth and duration of drawdowns from previous peaks	1.07%	—	—

Volatility

Volatility by Period

	EFQ8.DE	IG35.DE	Difference
Volatility (1M) Calculated over the trailing 1-month period	1.01%	—	—
Volatility (6M) Calculated over the trailing 6-month period	3.51%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	4.08%	5.28%	-1.20%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	5.90%	5.28%	+0.62%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	5.36%	5.28%	+0.08%

EFQ8.DE vs. IG35.DE - Expense Ratio Comparison

EFQ8.DE has a 0.20% expense ratio, which is higher than IG35.DE's 0.12% 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

EFQ8.DE vs. IG35.DE - Dividend Comparison

EFQ8.DE's dividend yield for the trailing twelve months is around 3.57%, while IG35.DE has not paid dividends to shareholders.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
EFQ8.DE Deka iBoxx EUR Liquid Non-Financials Diversified UCITS ETF	3.57%	3.18%	2.61%	2.33%	1.18%	0.92%	0.90%	0.96%	0.67%	1.17%	1.70%	2.59%
IG35.DE iShares iBonds December 2035 Term EUR Corporate UCITS ETF (Acc)	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%

Frequently Asked Questions

Can I hold both EFQ8.DE and IG35.DE in my portfolio?

EFQ8.DE and IG35.DE have a correlation of 0.86, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, EFQ8.DE or IG35.DE?

On fees, IG35.DE is cheaper at 0.12% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, EFQ8.DE or IG35.DE?

IG35.DE is cheaper with a 0.12% expense ratio, compared with 0.20% for EFQ8.DE.

What is the main difference between EFQ8.DE and IG35.DE?

EFQ8.DE tracks iBoxx® EUR Liquid Non-Financials Diversified, while IG35.DE tracks Bloomberg MSCI December 2035 Maturity EUR Corporate ESG Screened Index. They also come from different issuers: Deka and iShares. Their fees differ too: 0.20% for EFQ8.DE and 0.12% for IG35.DE.