EXS1.DE vs. IS3N.DE
EXS1.DE (iShares Core DAX UCITS ETF (DE)) and IS3N.DE (iShares Core MSCI Emerging Markets IMI UCITS ETF (Acc)) are both exchange-traded funds - EXS1.DE is a Europe Equities fund tracking the DAX®, while IS3N.DE is a Emerging Markets Equities fund tracking the MSCI Emerging Markets Investable Market (IMI). Both are passively managed. Over the past 10 years, EXS1.DE returned 8.88%/yr vs 10.00%/yr for IS3N.DE. A 0.63 correlation means they provide meaningful diversification when combined. EXS1.DE charges 0.16%/yr vs 0.18%/yr for IS3N.DE.
Performance
EXS1.DE vs. IS3N.DE - Performance Comparison
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Returns By Period
In the year-to-date period, EXS1.DE achieves a 1.33% return, which is significantly lower than IS3N.DE's 25.82% return. Over the past 10 years, EXS1.DE has underperformed IS3N.DE with an annualized return of 8.88%, while IS3N.DE has yielded a comparatively higher 10.00% annualized return.
EXS1.DE
- 1D
- 0.59%
- 1M
- 0.00%
- YTD
- 1.33%
- 6M
- 3.41%
- 1Y
- 2.03%
- 3Y*
- 15.45%
- 5Y*
- 9.09%
- 10Y*
- 8.88%
IS3N.DE
- 1D
- -1.45%
- 1M
- 3.11%
- YTD
- 25.82%
- 6M
- 26.34%
- 1Y
- 45.77%
- 3Y*
- 19.99%
- 5Y*
- 8.61%
- 10Y*
- 10.00%
EXS1.DE vs. IS3N.DE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
EXS1.DE iShares Core DAX UCITS ETF (DE) | 1.33% | 22.63% | 18.07% | 19.45% | -12.79% | 15.16% | 2.98% | 24.67% | -18.48% | 12.30% |
IS3N.DE iShares Core MSCI Emerging Markets IMI UCITS ETF (Acc) | 25.82% | 17.14% | 13.87% | 7.20% | -14.09% | 7.38% | 7.07% | 21.01% | -11.06% | 20.43% |
Correlation
The correlation between EXS1.DE and IS3N.DE is 0.58, 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 | 0.58 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.54 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.55 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.61 |
Correlation (All Time) Calculated using the full available price history since Jun 9, 2014 | 0.63 |
The correlation between EXS1.DE and IS3N.DE has been stable across timeframes, ranging from 0.54 to 0.63 - a consistent structural relationship.
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Return for Risk
EXS1.DE vs. IS3N.DE — Risk / Return Rank
EXS1.DE
IS3N.DE
EXS1.DE vs. IS3N.DE - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for iShares Core DAX UCITS ETF (DE) (EXS1.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.
| EXS1.DE | IS3N.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -2.55 | ||
| Sortino ratioReturn per unit of downside risk | -3.27 | ||
| Omega ratioGain probability vs. loss probability | 1.04 | 1.49 | -0.45 |
| Calmar ratioReturn relative to maximum drawdown | 0.18 | 4.42 | -4.24 |
| Martin ratioReturn relative to average drawdown | 0.57 | 16.00 | -15.44 |
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
| EXS1.DE | IS3N.DE | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 0.14 | 2.69 | -2.55 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.52 | 0.53 | 0.00 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.48 | 0.55 | -0.07 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.22 | 0.44 | -0.22 |
Drawdowns
EXS1.DE vs. IS3N.DE - Drawdown Comparison
The maximum EXS1.DE drawdown since its inception was -68.00%, which is greater than IS3N.DE's maximum drawdown of -35.06%. Use the drawdown chart below to compare losses from any high point for EXS1.DE and IS3N.DE.
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Drawdown Indicators
| EXS1.DE | IS3N.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -68.00% | -35.06% | -32.94% |
Max Drawdown (1Y)Largest decline over 1 year | -12.35% | -10.52% | -1.83% |
Max Drawdown (3Y)Largest decline over 3 years | -15.93% | -19.17% | +3.24% |
Max Drawdown (5Y)Largest decline over 5 years | -26.69% | -22.01% | -4.68% |
Max Drawdown (10Y)Largest decline over 10 years | -38.68% | -32.51% | -6.17% |
Current DrawdownCurrent decline from peak | -2.23% | -2.49% | +0.26% |
Average DrawdownAverage peak-to-trough decline | -17.04% | -9.30% | -7.74% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 3.99% | 2.91% | +1.08% |
Volatility
EXS1.DE vs. IS3N.DE - Volatility Comparison
The current volatility for iShares Core DAX UCITS ETF (DE) (EXS1.DE) is 5.16%, while iShares Core MSCI Emerging Markets IMI UCITS ETF (Acc) (IS3N.DE) has a volatility of 7.16%. This indicates that EXS1.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
| EXS1.DE | IS3N.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 5.16% | 7.16% | -2.00% |
Volatility (6M)Calculated over the trailing 6-month period | 12.95% | 14.69% | -1.74% |
Volatility (1Y)Calculated over the trailing 1-year period | 16.04% | 17.32% | -1.28% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 17.18% | 16.19% | +0.99% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 18.36% | 18.04% | +0.32% |
EXS1.DE vs. IS3N.DE - Expense Ratio Comparison
EXS1.DE has a 0.16% expense ratio, which is lower than IS3N.DE's 0.18% expense ratio. Despite the difference, both funds are considered low-cost compared to the broader market, where average expense ratios usually range from 0.3% to 0.9%.
Dividends
EXS1.DE vs. IS3N.DE - Dividend Comparison
Neither EXS1.DE nor IS3N.DE has paid dividends to shareholders.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
EXS1.DE iShares Core DAX UCITS ETF (DE) | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.51% | 0.48% | 0.73% | 0.66% |
IS3N.DE iShares Core MSCI Emerging Markets IMI 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
EXS1.DE and IS3N.DE have a correlation of 0.58, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, EXS1.DE is cheaper at 0.16% per year. The better choice depends on whether you care most about return, fees, risk, or income.
EXS1.DE is cheaper with a 0.16% expense ratio, compared with 0.18% for IS3N.DE.
EXS1.DE is categorized as Europe Equities, while IS3N.DE is Emerging Markets Equities. EXS1.DE tracks DAX®, while IS3N.DE tracks MSCI Emerging Markets Investable Market (IMI). Their fees differ too: 0.16% for EXS1.DE and 0.18% for IS3N.DE.
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