ESIF.DE vs. IS3N.DE
ESIF.DE (iShares MSCI Europe Financials Sector UCITS ETF EUR (Acc)) and IS3N.DE (iShares Core MSCI Emerging Markets IMI UCITS ETF (Acc)) are both exchange-traded funds - ESIF.DE is a Financials Equities fund tracking the MSCI World/Financials NR USD, while IS3N.DE is a Emerging Markets Equities fund tracking the MSCI Emerging Markets Investable Market (IMI). Both are passively managed. Over the past 5 years, ESIF.DE returned 19.48%/yr vs 8.61%/yr for IS3N.DE. At a 0.49 correlation, their price movements are largely independent. Both charge a 0.18% expense ratio.
Performance
ESIF.DE vs. IS3N.DE - Performance Comparison
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Returns By Period
In the year-to-date period, ESIF.DE achieves a 3.87% return, which is significantly lower than IS3N.DE's 25.82% return.
ESIF.DE
- 1D
- 0.61%
- 1M
- 3.50%
- YTD
- 3.87%
- 6M
- 10.14%
- 1Y
- 22.51%
- 3Y*
- 28.94%
- 5Y*
- 19.48%
- 10Y*
- —
IS3N.DE
- 1D
- -1.45%
- 1M
- 5.25%
- YTD
- 25.82%
- 6M
- 27.45%
- 1Y
- 46.76%
- 3Y*
- 19.99%
- 5Y*
- 8.61%
- 10Y*
- 10.00%
ESIF.DE vs. IS3N.DE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | |
|---|---|---|---|---|---|---|---|
ESIF.DE iShares MSCI Europe Financials Sector UCITS ETF EUR (Acc) | 3.87% | 47.69% | 25.31% | 21.61% | -2.88% | 29.09% | 3.24% |
IS3N.DE iShares Core MSCI Emerging Markets IMI UCITS ETF (Acc) | 25.82% | 17.14% | 13.87% | 7.20% | -14.09% | 7.38% | 3.39% |
Correlation
The correlation between ESIF.DE and IS3N.DE is 0.50, 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 | 0.50 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.50 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.51 |
Correlation (All Time) Calculated using the full available price history since Nov 23, 2020 | 0.49 |
The correlation between ESIF.DE and IS3N.DE has been stable across timeframes, ranging from 0.49 to 0.51 - a consistent structural relationship.
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Return for Risk
ESIF.DE vs. IS3N.DE — Risk / Return Rank
ESIF.DE
IS3N.DE
ESIF.DE vs. IS3N.DE - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for iShares MSCI Europe Financials Sector UCITS ETF EUR (Acc) (ESIF.DE) and iShares Core MSCI Emerging Markets IMI UCITS ETF (Acc) (IS3N.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.
| ESIF.DE | IS3N.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -1.44 | ||
| Sortino ratioReturn per unit of downside risk | -1.75 | ||
| Omega ratioGain probability vs. loss probability | 1.22 | 1.49 | -0.26 |
| Calmar ratioReturn relative to maximum drawdown | 1.81 | 4.42 | -2.61 |
| Martin ratioReturn relative to average drawdown | 6.04 | 16.00 | -9.97 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| ESIF.DE | IS3N.DE | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.25 | 2.69 | -1.44 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 1.02 | 0.53 | +0.49 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | — | 0.55 | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 1.16 | 0.44 | +0.73 |
Drawdowns
ESIF.DE vs. IS3N.DE - Drawdown Comparison
The maximum ESIF.DE drawdown since its inception was -22.93%, smaller than the maximum IS3N.DE drawdown of -35.06%. Use the drawdown chart below to compare losses from any high point for ESIF.DE and IS3N.DE.
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Drawdown Indicators
| ESIF.DE | IS3N.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -22.93% | -35.06% | +12.13% |
Max Drawdown (1Y)Largest decline over 1 year | -12.38% | -10.52% | -1.86% |
Max Drawdown (3Y)Largest decline over 3 years | -17.10% | -19.17% | +2.07% |
Max Drawdown (5Y)Largest decline over 5 years | -22.93% | -22.01% | -0.92% |
Max Drawdown (10Y)Largest decline over 10 years | — | -32.51% | — |
Current DrawdownCurrent decline from peak | -2.65% | -2.49% | -0.16% |
Average DrawdownAverage peak-to-trough decline | -4.14% | -9.30% | +5.16% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 3.72% | 2.91% | +0.81% |
Volatility
ESIF.DE vs. IS3N.DE - Volatility Comparison
The current volatility for iShares MSCI Europe Financials Sector UCITS ETF EUR (Acc) (ESIF.DE) is 5.37%, while iShares Core MSCI Emerging Markets IMI UCITS ETF (Acc) (IS3N.DE) has a volatility of 7.16%. This indicates that ESIF.DE experiences smaller price fluctuations and is considered to be less risky than IS3N.DE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| ESIF.DE | IS3N.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 5.37% | 7.16% | -1.79% |
Volatility (6M)Calculated over the trailing 6-month period | 14.59% | 14.69% | -0.10% |
Volatility (1Y)Calculated over the trailing 1-year period | 17.99% | 17.32% | +0.67% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 18.96% | 16.19% | +2.77% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 18.84% | 18.04% | +0.80% |
ESIF.DE vs. IS3N.DE - Expense Ratio Comparison
Both ESIF.DE and IS3N.DE have an expense ratio of 0.18%, making them cost-effective options compared to the broader market, where average expense ratios typically range from 0.3% to 0.9%.
Dividends
ESIF.DE vs. IS3N.DE - Dividend Comparison
Neither ESIF.DE nor IS3N.DE has paid dividends to shareholders.
Frequently Asked Questions
ESIF.DE and IS3N.DE have a correlation of 0.50, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
Both ETFs have the same 0.18% expense ratio. The better choice depends on whether you care most about return, fees, risk, or income.
ESIF.DE and IS3N.DE have the same expense ratio: 0.18% per year.
ESIF.DE is categorized as Financials Equities, while IS3N.DE is Emerging Markets Equities. ESIF.DE tracks MSCI World/Financials NR USD, while IS3N.DE tracks MSCI Emerging Markets Investable Market (IMI).
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