EXS2.DE vs. IBCJ.DE
EXS2.DE (iShares TecDAX UCITS ETF (DE)) and IBCJ.DE (iShares MSCI Poland UCITS ETF USD (Acc)) are both Europe Equities funds from iShares - EXS2.DE tracks the TecDAX® while IBCJ.DE tracks the MSCI Poland. Both are passively managed. Over the past 10 years, EXS2.DE returned 9.01%/yr vs 9.17%/yr for IBCJ.DE. At a 0.49 correlation, their price movements are largely independent. EXS2.DE charges 0.51%/yr vs 0.74%/yr for IBCJ.DE.
Performance
EXS2.DE vs. IBCJ.DE - Performance Comparison
Loading charts...
Returns By Period
The year-to-date returns for both investments are quite close, with EXS2.DE having a 15.70% return and IBCJ.DE slightly higher at 16.30%. Both investments have delivered pretty close results over the past 10 years, with EXS2.DE having a 9.01% annualized return and IBCJ.DE not far ahead at 9.17%.
EXS2.DE
- 1D
- 0.52%
- 1M
- 10.51%
- YTD
- 15.70%
- 6M
- 16.91%
- 1Y
- 6.46%
- 3Y*
- 8.54%
- 5Y*
- 3.72%
- 10Y*
- 9.01%
IBCJ.DE
- 1D
- 0.17%
- 1M
- 5.66%
- YTD
- 16.30%
- 6M
- 25.77%
- 1Y
- 38.98%
- 3Y*
- 29.89%
- 5Y*
- 14.80%
- 10Y*
- 9.17%
EXS2.DE vs. IBCJ.DE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
EXS2.DE iShares TecDAX UCITS ETF (DE) | 15.70% | 5.33% | 1.63% | 13.54% | -26.00% | 21.07% | 6.12% | 22.25% | -3.77% | 39.90% |
IBCJ.DE iShares MSCI Poland UCITS ETF USD (Acc) | 16.30% | 53.66% | -0.42% | 43.86% | -21.74% | 14.34% | -18.69% | -3.73% | -9.07% | 35.59% |
Correlation
The correlation between EXS2.DE and IBCJ.DE is 0.41, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.41 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.45 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.48 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.49 |
Correlation (All Time) Calculated using the full available price history since Jun 1, 2011 | 0.49 |
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Return for Risk
EXS2.DE vs. IBCJ.DE — Risk / Return Rank
EXS2.DE
IBCJ.DE
EXS2.DE vs. IBCJ.DE - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for iShares TecDAX UCITS ETF (DE) (EXS2.DE) and iShares MSCI Poland UCITS ETF USD (Acc) (IBCJ.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.
| EXS2.DE | IBCJ.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -1.29 | ||
| Sortino ratioReturn per unit of downside risk | -1.69 | ||
| Omega ratioGain probability vs. loss probability | 1.07 | 1.28 | -0.20 |
| Calmar ratioReturn relative to maximum drawdown | 0.40 | 3.90 | -3.50 |
| Martin ratioReturn relative to average drawdown | 0.80 | 9.60 | -8.80 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
Loading charts...
Sharpe Ratios by Period
| EXS2.DE | IBCJ.DE | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 0.36 | 1.65 | -1.29 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.20 | 0.55 | -0.35 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.46 | 0.36 | +0.10 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.14 | 0.15 | -0.01 |
Drawdowns
EXS2.DE vs. IBCJ.DE - Drawdown Comparison
The maximum EXS2.DE drawdown since its inception was -84.49%, which is greater than IBCJ.DE's maximum drawdown of -56.11%. Use the drawdown chart below to compare losses from any high point for EXS2.DE and IBCJ.DE.
Loading charts...
Drawdown Indicators
| EXS2.DE | IBCJ.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -84.49% | -56.11% | -28.38% |
Max Drawdown (1Y)Largest decline over 1 year | -16.12% | -9.96% | -6.16% |
Max Drawdown (3Y)Largest decline over 3 years | -17.93% | -18.47% | +0.54% |
Max Drawdown (5Y)Largest decline over 5 years | -34.97% | -47.31% | +12.34% |
Max Drawdown (10Y)Largest decline over 10 years | -34.97% | -56.11% | +21.14% |
Current DrawdownCurrent decline from peak | -0.81% | -1.16% | +0.35% |
Average DrawdownAverage peak-to-trough decline | -39.46% | -19.38% | -20.08% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 8.07% | 4.05% | +4.02% |
Volatility
EXS2.DE vs. IBCJ.DE - Volatility Comparison
The current volatility for iShares TecDAX UCITS ETF (DE) (EXS2.DE) is 5.29%, while iShares MSCI Poland UCITS ETF USD (Acc) (IBCJ.DE) has a volatility of 7.13%. This indicates that EXS2.DE experiences smaller price fluctuations and is considered to be less risky than IBCJ.DE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| EXS2.DE | IBCJ.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 5.29% | 7.13% | -1.84% |
Volatility (6M)Calculated over the trailing 6-month period | 14.25% | 17.61% | -3.36% |
Volatility (1Y)Calculated over the trailing 1-year period | 17.83% | 23.48% | -5.65% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 18.80% | 26.72% | -7.92% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 19.47% | 25.15% | -5.68% |
EXS2.DE vs. IBCJ.DE - Expense Ratio Comparison
EXS2.DE has a 0.51% expense ratio, which is lower than IBCJ.DE's 0.74% expense ratio.
Dividends
EXS2.DE vs. IBCJ.DE - Dividend Comparison
Neither EXS2.DE nor IBCJ.DE has paid dividends to shareholders.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
EXS2.DE iShares TecDAX UCITS ETF (DE) | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.04% | 0.15% | 0.25% | 0.36% |
IBCJ.DE iShares MSCI Poland UCITS ETF USD (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
EXS2.DE and IBCJ.DE have a correlation of 0.41, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, EXS2.DE is cheaper at 0.51% per year. The better choice depends on whether you care most about return, fees, risk, or income.
EXS2.DE is cheaper with a 0.51% expense ratio, compared with 0.74% for IBCJ.DE.
EXS2.DE tracks TecDAX®, while IBCJ.DE tracks MSCI Poland. Their fees differ too: 0.51% for EXS2.DE and 0.74% for IBCJ.DE.
Find the right allocation for EXS2.DE and IBCJ.DE
Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Optimizer