EXH5.DE vs. ^GSPC

Last updated Apr 3, 2026

Compare and contrast key facts about iShares STOXX Europe 600 Insurance UCITS ETF (DE) (EXH5.DE) and S&P 500 Index (^GSPC).

EXH5.DE is a passively managed fund by iShares that tracks the performance of the STOXX® Europe 600 Insurance. It was launched on Jul 8, 2002.

Performance

EXH5.DE vs. ^GSPC - Performance Comparison

The chart below illustrates the hypothetical performance of a €10,000 investment in iShares STOXX Europe 600 Insurance UCITS ETF (DE) (EXH5.DE) and S&P 500 Index (^GSPC). The values are adjusted to include any dividend payments, if applicable.

EXH5.DE vs. ^GSPC - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
EXH5.DE iShares STOXX Europe 600 Insurance UCITS ETF (DE)	-2.47%	29.72%	22.68%	12.56%	3.63%	19.44%	-10.66%	30.48%	-7.15%	11.47%
^GSPC S&P 500 Index	-2.10%	2.58%	31.45%	20.51%	-14.45%	36.38%	6.68%	31.79%	-1.84%	4.74%

Different Trading Currencies

EXH5.DE is traded in EUR, while ^GSPC is traded in USD. To make them comparable, the ^GSPC values have been converted to EUR using the latest available exchange rates.

Returns By Period

As of year-to-date, both investments have demonstrated similar returns, with EXH5.DE at -2.47% and ^GSPC at -2.47%. Both investments have delivered pretty close results over the past 10 years, with EXH5.DE having a 11.62% annualized return and ^GSPC not far ahead at 12.10%.

EXH5.DE

• 1D: 0.44%
• 1M: 3.86%
• YTD: -2.47%
• 6M: 2.13%
• 1Y: 7.66%
• 3Y*: 20.26%
• 5Y*: 13.98%
• 10Y*: 11.62%

^GSPC

• 1D: 0.00%
• 1M: -3.17%
• YTD: -2.47%
• 6M: -0.80%
• 1Y: 8.54%
• 3Y*: 14.53%
• 5Y*: 10.74%
• 10Y*: 12.10%

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

Return for Risk

EXH5.DE vs. ^GSPC — Risk / Return Rank

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

EXH5.DE

EXH5.DE Risk / Return Rank: 26
EXH5.DE Sharpe Ratio Rank: 23
EXH5.DE Sortino Ratio Rank: 21
EXH5.DE Omega Ratio Rank: 22
EXH5.DE Calmar Ratio Rank: 37
EXH5.DE Martin Ratio Rank: 26

^GSPC

^GSPC Risk / Return Rank: 58
^GSPC Sharpe Ratio Rank: 52
^GSPC Sortino Ratio Rank: 55
^GSPC Omega Ratio Rank: 59
^GSPC Calmar Ratio Rank: 52
^GSPC Martin Ratio Rank: 71

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.

EXH5.DE vs. ^GSPC - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for iShares STOXX Europe 600 Insurance UCITS ETF (DE) (EXH5.DE) and S&P 500 Index (^GSPC). 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.

	EXH5.DE	^GSPC	Difference
Sharpe ratio Return per unit of total volatility	0.42	0.41	+0.01
Sortino ratio Return per unit of downside risk	0.66	0.71	-0.04
Omega ratio Gain probability vs. loss probability	1.10	1.11	-0.02
Calmar ratio Return relative to maximum drawdown	1.22	0.62	+0.60
Martin ratio Return relative to average drawdown	2.60	2.56	+0.04
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

EXH5.DE vs. ^GSPC - Sharpe Ratio Comparison

The current EXH5.DE Sharpe Ratio is 0.42, which is comparable to the ^GSPC Sharpe Ratio of 0.41. The chart below compares the historical Sharpe Ratios of EXH5.DE and ^GSPC, 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

	EXH5.DE	^GSPC	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	0.42	0.41	+0.01
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.84	0.64	+0.20
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.58	0.65	-0.07
Sharpe Ratio (All Time) Calculated using the full available price history	0.31	0.45	-0.14

Correlation

The correlation between EXH5.DE and ^GSPC is 0.38, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.

Drawdowns

EXH5.DE vs. ^GSPC - Drawdown Comparison

The maximum EXH5.DE drawdown since its inception was -73.44%, which is greater than ^GSPC's maximum drawdown of -53.11%. Use the drawdown chart below to compare losses from any high point for EXH5.DE and ^GSPC.

Drawdown Indicators

	EXH5.DE	^GSPC	Difference
Max Drawdown Largest peak-to-trough decline	-73.44%	-56.78%	-16.66%
Max Drawdown (1Y) Largest decline over 1 year	-10.90%	-9.10%	-1.80%
Max Drawdown (5Y) Largest decline over 5 years	-18.63%	-25.43%	+6.80%
Max Drawdown (10Y) Largest decline over 10 years	-46.55%	-33.92%	-12.63%
Current Drawdown Current decline from peak	-2.47%	-5.67%	+3.20%
Average Drawdown Average peak-to-trough decline	-15.56%	-10.75%	-4.81%
Ulcer Index Depth and duration of drawdowns from previous peaks	3.46%	2.62%	+0.84%

Volatility

EXH5.DE vs. ^GSPC - Volatility Comparison

iShares STOXX Europe 600 Insurance UCITS ETF (DE) (EXH5.DE) has a higher volatility of 5.18% compared to S&P 500 Index (^GSPC) at 4.36%. This indicates that EXH5.DE's price experiences larger fluctuations and is considered to be riskier than ^GSPC based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	EXH5.DE	^GSPC	Difference
Volatility (1M) Calculated over the trailing 1-month period	5.18%	4.36%	+0.82%
Volatility (6M) Calculated over the trailing 6-month period	10.73%	9.93%	+0.80%
Volatility (1Y) Calculated over the trailing 1-year period	18.01%	20.68%	-2.67%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	16.48%	16.80%	-0.32%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	19.97%	18.63%	+1.34%