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ESIX vs. ISCB
Performance
Return for Risk
Drawdowns
Volatility
Dividends

ESIX vs. ISCB

Last updated Jun 25, 2026

ESIX (SPDR S&P SmallCap 600 ESG ETF) and ISCB (iShares Morningstar Small-Cap ETF) are both Small Cap Blend Equities funds - ESIX tracks the S&P SmallCap 600 ESG Index while ISCB tracks the Morningstar US Small Cap Extended Index. Both are passively managed. With a 0.96 correlation, they move nearly in lockstep. ESIX charges 0.12%/yr vs 0.04%/yr for ISCB.

Performance

ESIX vs. ISCB - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in SPDR S&P SmallCap 600 ESG ETF (ESIX) and iShares Morningstar Small-Cap ETF (ISCB). The values are adjusted to include any dividend payments, if applicable.

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Returns By Period

ESIX

1D
—
1M
—
YTD
—
6M
—
1Y
—
3Y*
—
5Y*
—
10Y*
—

ISCB

1D
0.64%
1M
3.28%
YTD
13.88%
6M
11.49%
1Y
29.06%
3Y*
17.28%
5Y*
5.97%
10Y*
9.89%
*Multi-year figures are annualized to reflect compound growth (CAGR)

ESIX vs. ISCB - Yearly Performance Comparison

2026 (YTD)2025202420232022
ESIX
SPDR S&P SmallCap 600 ESG ETF		10.83%1.83%9.66%17.51%-13.44%
ISCB
iShares Morningstar Small-Cap ETF		13.88%12.46%10.90%19.51%-16.91%

Correlation

The correlation between ESIX and ISCB is 0.88, indicating a strong positive relationship between their price movements. Combining them offers limited diversification - they tend to fall together during downturns.

Correlation
Correlation (1Y)
Calculated over the trailing 1-year period

0.88

Correlation (3Y)
Calculated over the trailing 3-year period

0.94

Correlation (All Time)
Calculated using the full available price history since Jan 11, 2022

0.96

The correlation between ESIX and ISCB has been stable across timeframes, ranging from 0.88 to 0.96 - a consistent structural relationship.

ESIX vs. ISCB - Sectors Allocation Comparison

Sectors
ESIX
ISCB

Industrials

17.2%
18.5%

Financial Services

17.0%
15.6%

Technology

16.6%
16.0%

Consumer Cyclical

12.4%
11.4%

Healthcare

10.8%
13.5%

Real Estate

6.9%
8.1%

Energy

6.7%
4.5%

Basic Materials

4.4%
4.6%

Consumer Defensive

3.0%
3.2%

Communication Services

2.9%
2.6%

Utilities

2.0%
2.2%

Industrials

ESIX
17.2%
ISCB
18.5%

Financial Services

ESIX
17.0%
ISCB
15.6%

Technology

ESIX
16.6%
ISCB
16.0%

Consumer Cyclical

ESIX
12.4%
ISCB
11.4%

Healthcare

ESIX
10.8%
ISCB
13.5%

Real Estate

ESIX
6.9%
ISCB
8.1%

Energy

ESIX
6.7%
ISCB
4.5%

Basic Materials

ESIX
4.4%
ISCB
4.6%

Consumer Defensive

ESIX
3.0%
ISCB
3.2%

Communication Services

ESIX
2.9%
ISCB
2.6%

Utilities

ESIX
2.0%
ISCB
2.2%

Compare stocks, funds, or ETFs

Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.

SPDR S&P SmallCap 600 ESG ETF

iShares Morningstar Small-Cap ETF

Often compared with ESIX:
ESIX vs. XJRESIX vs. VBRESIX vs. IWMESIX vs. FYXESIX vs. FDMESIX vs. FNDCESIX vs. VAMO
Often compared with ISCB:
ISCB vs. VBISCB vs. ISCGISCB vs. IJRISCB vs. SPSMISCB vs. IMCBISCB vs. IWMISCB vs. SCHA

Return for Risk

ESIX vs. ISCB — Risk / Return Rank

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

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

ISCB
ISCB Risk / Return Rank: 6262
Overall Rank
ISCB Sharpe Ratio Rank: 5959
Sharpe Ratio Rank
ISCB Sortino Ratio Rank: 6161
Sortino Ratio Rank
ISCB Omega Ratio Rank: 5353
Omega Ratio Rank
ISCB Calmar Ratio Rank: 6969
Calmar Ratio Rank
ISCB Martin Ratio Rank: 6868
Martin Ratio Rank
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.

ESIX vs. ISCB - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for SPDR S&P SmallCap 600 ESG ETF (ESIX) and iShares Morningstar Small-Cap ETF (ISCB). 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.

ESIXISCBDifference
Sharpe ratioReturn per unit of total volatility

—

1.75

—

Sortino ratioReturn per unit of downside risk

—

2.53

—

Omega ratioGain probability vs. loss probability

—

1.30

—

Calmar ratioReturn relative to maximum drawdown

—

3.11

—

Martin ratioReturn relative to average drawdown

—

11.11

—

ESIX vs. ISCB - Sharpe Ratio Comparison

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Drawdowns

ESIX vs. ISCB - Drawdown Comparison

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Drawdown Indicators

ESIXISCBDifference

Max Drawdown

Largest peak-to-trough decline

—

-61.25%

—

Max Drawdown (1Y)

Largest decline over 1 year

—

-9.39%

—

Max Drawdown (3Y)

Largest decline over 3 years

—

-26.22%

—

Max Drawdown (5Y)

Largest decline over 5 years

—

-29.94%

—

Max Drawdown (10Y)

Largest decline over 10 years

—

-44.18%

—

Current Drawdown

Current decline from peak

—

-0.07%

—

Average Drawdown

Average peak-to-trough decline

—

-9.78%

—

Ulcer Index

Depth and duration of drawdowns from previous peaks

—

2.62%

—

Volatility

ESIX vs. ISCB - Volatility Comparison

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Volatility by Period

ESIXISCBDifference

Volatility (1M)

Calculated over the trailing 1-month period

—

4.50%

—

Volatility (6M)

Calculated over the trailing 6-month period

—

11.70%

—

Volatility (1Y)

Calculated over the trailing 1-year period

—

16.72%

—

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

—

21.41%

—

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

—

22.67%

—

ESIX vs. ISCB - Expense Ratio Comparison

ESIX has a 0.12% expense ratio, which is higher than ISCB's 0.04% 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

ESIX vs. ISCB - Dividend Comparison

ESIX's dividend yield for the trailing twelve months is around 1.05%, less than ISCB's 1.29% yield.

PositionTTM20252024202320222021202020192018201720162015
ESIX
SPDR S&P SmallCap 600 ESG ETF		1.05%1.64%1.65%1.69%1.54%0.00%0.00%0.00%0.00%0.00%0.00%0.00%
ISCB
iShares Morningstar Small-Cap ETF		1.29%1.38%1.31%1.49%1.63%1.26%1.26%1.25%1.60%1.24%1.58%1.40%

Frequently Asked Questions

ESIX and ISCB have a correlation of 0.88, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

On fees, ISCB is cheaper at 0.04% per year. The better choice depends on whether you care most about return, fees, risk, or income.

ISCB is cheaper with a 0.04% expense ratio, compared with 0.12% for ESIX.

ISCB has the higher dividend yield at 1.29%, compared with 1.05% for ESIX.

ESIX tracks S&P SmallCap 600 ESG Index, while ISCB tracks Morningstar US Small Cap Extended Index. They also come from different issuers: State Street and iShares. Their fees differ too: 0.12% for ESIX and 0.04% for ISCB.

Portfolio Optimizer

Find the right allocation for ESIX and ISCB

Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.

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