EXS3.DE vs. ISPA.DE
EXS3.DE (iShares MDAX UCITS ETF (DE)) and ISPA.DE (iShares STOXX Global Select Dividend 100 UCITS ETF (DE)) are both exchange-traded funds - EXS3.DE is a Europe Equities fund tracking the MDAX®, while ISPA.DE is a Global Equities fund tracking the STOXX® Global Select Dividend 100 index. Both are passively managed. Over the past 10 years, EXS3.DE returned 4.04%/yr vs 8.98%/yr for ISPA.DE. A 0.67 correlation means they provide meaningful diversification when combined. EXS3.DE charges 0.51%/yr vs 0.46%/yr for ISPA.DE.
Performance
EXS3.DE vs. ISPA.DE - Performance Comparison
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Returns By Period
In the year-to-date period, EXS3.DE achieves a 6.43% return, which is significantly lower than ISPA.DE's 13.48% return. Over the past 10 years, EXS3.DE has underperformed ISPA.DE with an annualized return of 4.04%, while ISPA.DE has yielded a comparatively higher 8.98% annualized return.
EXS3.DE
- 1D
- 0.21%
- 1M
- 5.13%
- YTD
- 6.43%
- 6M
- 10.24%
- 1Y
- 4.92%
- 3Y*
- 6.03%
- 5Y*
- -1.18%
- 10Y*
- 4.04%
ISPA.DE
- 1D
- 0.49%
- 1M
- 2.52%
- YTD
- 13.48%
- 6M
- 15.47%
- 1Y
- 29.54%
- 3Y*
- 18.65%
- 5Y*
- 11.00%
- 10Y*
- 8.98%
EXS3.DE vs. ISPA.DE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
EXS3.DE iShares MDAX UCITS ETF (DE) | 6.43% | 19.10% | -6.45% | 7.92% | -29.11% | 13.18% | 8.17% | 30.28% | -18.39% | 17.41% |
ISPA.DE iShares STOXX Global Select Dividend 100 UCITS ETF (DE) | 13.48% | 19.72% | 12.97% | 4.80% | 0.43% | 22.39% | -9.12% | 24.24% | -7.51% | 2.97% |
Correlation
The correlation between EXS3.DE and ISPA.DE is 0.57, 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 | 0.57 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.59 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.65 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.67 |
Correlation (All Time) Calculated using the full available price history since Oct 14, 2009 | 0.67 |
The correlation between EXS3.DE and ISPA.DE shifts across timeframes, from 0.57 (1 year) to 0.67 (all time), reflecting how their relationship changes across market environments.
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Return for Risk
EXS3.DE vs. ISPA.DE — Risk / Return Rank
EXS3.DE
ISPA.DE
EXS3.DE vs. ISPA.DE - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for iShares MDAX UCITS ETF (DE) (EXS3.DE) and iShares STOXX Global Select Dividend 100 UCITS ETF (DE) (ISPA.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.
| EXS3.DE | ISPA.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -3.09 | ||
| Sortino ratioReturn per unit of downside risk | -4.16 | ||
| Omega ratioGain probability vs. loss probability | 1.06 | 1.62 | -0.55 |
| Calmar ratioReturn relative to maximum drawdown | 0.34 | 8.10 | -7.76 |
| Martin ratioReturn relative to average drawdown | 0.91 | 28.73 | -27.82 |
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
| EXS3.DE | ISPA.DE | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 0.26 | 3.35 | -3.09 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | -0.06 | 0.91 | -0.97 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.22 | 0.60 | -0.38 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.36 | 0.68 | -0.32 |
Drawdowns
EXS3.DE vs. ISPA.DE - Drawdown Comparison
The maximum EXS3.DE drawdown since its inception was -63.82%, which is greater than ISPA.DE's maximum drawdown of -38.91%. Use the drawdown chart below to compare losses from any high point for EXS3.DE and ISPA.DE.
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Drawdown Indicators
| EXS3.DE | ISPA.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -63.82% | -38.91% | -24.91% |
Max Drawdown (1Y)Largest decline over 1 year | -14.57% | -3.63% | -10.94% |
Max Drawdown (3Y)Largest decline over 3 years | -18.67% | -15.10% | -3.57% |
Max Drawdown (5Y)Largest decline over 5 years | -40.31% | -15.10% | -25.21% |
Max Drawdown (10Y)Largest decline over 10 years | -40.31% | -38.91% | -1.40% |
Current DrawdownCurrent decline from peak | -12.23% | -1.09% | -11.14% |
Average DrawdownAverage peak-to-trough decline | -14.02% | -4.46% | -9.56% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 5.35% | 1.03% | +4.32% |
Volatility
EXS3.DE vs. ISPA.DE - Volatility Comparison
iShares MDAX UCITS ETF (DE) (EXS3.DE) has a higher volatility of 4.94% compared to iShares STOXX Global Select Dividend 100 UCITS ETF (DE) (ISPA.DE) at 2.62%. This indicates that EXS3.DE's price experiences larger fluctuations and is considered to be riskier than ISPA.DE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| EXS3.DE | ISPA.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 4.94% | 2.62% | +2.32% |
Volatility (6M)Calculated over the trailing 6-month period | 15.18% | 6.51% | +8.67% |
Volatility (1Y)Calculated over the trailing 1-year period | 18.54% | 8.77% | +9.77% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 19.35% | 12.00% | +7.35% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 18.37% | 14.79% | +3.58% |
EXS3.DE vs. ISPA.DE - Expense Ratio Comparison
EXS3.DE has a 0.51% expense ratio, which is higher than ISPA.DE's 0.46% expense ratio.
Dividends
EXS3.DE vs. ISPA.DE - Dividend Comparison
EXS3.DE has not paid dividends to shareholders, while ISPA.DE's dividend yield for the trailing twelve months is around 3.75%.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
EXS3.DE iShares MDAX UCITS ETF (DE) | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.41% | 0.49% | 0.53% | 0.49% |
ISPA.DE iShares STOXX Global Select Dividend 100 UCITS ETF (DE) | 3.75% | 4.52% | 4.89% | 5.91% | 6.92% | 3.32% | 4.04% | 4.02% | 3.37% | 5.66% | 3.64% | 4.35% |
Frequently Asked Questions
EXS3.DE and ISPA.DE have a correlation of 0.57, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, ISPA.DE is cheaper at 0.46% per year. The better choice depends on whether you care most about return, fees, risk, or income.
ISPA.DE is cheaper with a 0.46% expense ratio, compared with 0.51% for EXS3.DE.
EXS3.DE is categorized as Europe Equities, while ISPA.DE is Global Equities. EXS3.DE tracks MDAX®, while ISPA.DE tracks STOXX® Global Select Dividend 100 index. Their fees differ too: 0.51% for EXS3.DE and 0.46% for ISPA.DE.
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