I500.DE vs. IBCF.DE
I500.DE (iShares S&P 500 Swap UCITS ETF USD (Acc)) and IBCF.DE (iShares S&P 500 EUR Hedged UCITS ETF (Acc)) are both S&P 500 funds from iShares - I500.DE tracks the S&P 500 Index while IBCF.DE tracks the S&P 500 EUR Hedged Index. Both are passively managed. Over the past 5 years, I500.DE returned 15.00%/yr vs 11.10%/yr for IBCF.DE. Their correlation of 0.86 suggests significant overlap in exposure. I500.DE charges 0.07%/yr vs 0.20%/yr for IBCF.DE.
Performance
I500.DE vs. IBCF.DE - Performance Comparison
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Returns By Period
In the year-to-date period, I500.DE achieves a 11.45% return, which is significantly higher than IBCF.DE's 8.84% return.
I500.DE
- 1D
- -0.12%
- 1M
- 4.40%
- YTD
- 11.45%
- 6M
- 10.92%
- 1Y
- 25.73%
- 3Y*
- 19.08%
- 5Y*
- 15.00%
- 10Y*
- —
IBCF.DE
- 1D
- -0.02%
- 1M
- 3.14%
- YTD
- 8.84%
- 6M
- 9.31%
- 1Y
- 24.23%
- 3Y*
- 19.50%
- 5Y*
- 11.10%
- 10Y*
- 12.48%
I500.DE vs. IBCF.DE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | |
|---|---|---|---|---|---|---|---|
I500.DE iShares S&P 500 Swap UCITS ETF USD (Acc) | 11.45% | 4.94% | 32.50% | 22.82% | -14.07% | 41.05% | 7.37% |
IBCF.DE iShares S&P 500 EUR Hedged UCITS ETF (Acc) | 8.84% | 15.42% | 22.97% | 23.21% | -21.83% | 28.51% | 11.67% |
Correlation
The correlation between I500.DE and IBCF.DE is 0.83, 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 | 0.83 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.81 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.85 |
Correlation (All Time) Calculated using the full available price history since Sep 30, 2020 | 0.86 |
The correlation between I500.DE and IBCF.DE has been stable across timeframes, ranging from 0.81 to 0.86 - a consistent structural relationship.
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Return for Risk
I500.DE vs. IBCF.DE — Risk / Return Rank
I500.DE
IBCF.DE
I500.DE vs. IBCF.DE - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for iShares S&P 500 Swap UCITS ETF USD (Acc) (I500.DE) and iShares S&P 500 EUR Hedged UCITS ETF (Acc) (IBCF.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.
| I500.DE | IBCF.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.12 | ||
| Sortino ratioReturn per unit of downside risk | -0.05 | ||
| Omega ratioGain probability vs. loss probability | 1.41 | 1.37 | +0.04 |
| Calmar ratioReturn relative to maximum drawdown | 3.60 | 2.81 | +0.79 |
| Martin ratioReturn relative to average drawdown | 12.82 | 12.07 | +0.75 |
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
| I500.DE | IBCF.DE | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 2.20 | 2.08 | +0.12 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.98 | 0.69 | +0.29 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | — | 0.76 | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 1.13 | 0.72 | +0.41 |
Drawdowns
I500.DE vs. IBCF.DE - Drawdown Comparison
The maximum I500.DE drawdown since its inception was -23.24%, smaller than the maximum IBCF.DE drawdown of -35.06%. Use the drawdown chart below to compare losses from any high point for I500.DE and IBCF.DE.
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Drawdown Indicators
| I500.DE | IBCF.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -23.24% | -35.06% | +11.82% |
Max Drawdown (1Y)Largest decline over 1 year | -7.12% | -8.72% | +1.60% |
Max Drawdown (3Y)Largest decline over 3 years | -23.24% | -18.34% | -4.90% |
Max Drawdown (5Y)Largest decline over 5 years | -23.24% | -26.23% | +2.99% |
Max Drawdown (10Y)Largest decline over 10 years | — | -35.06% | — |
Current DrawdownCurrent decline from peak | -0.46% | -0.55% | +0.09% |
Average DrawdownAverage peak-to-trough decline | -4.06% | -4.41% | +0.35% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.01% | 2.04% | -0.03% |
Volatility
I500.DE vs. IBCF.DE - Volatility Comparison
The current volatility for iShares S&P 500 Swap UCITS ETF USD (Acc) (I500.DE) is 2.65%, while iShares S&P 500 EUR Hedged UCITS ETF (Acc) (IBCF.DE) has a volatility of 3.08%. This indicates that I500.DE experiences smaller price fluctuations and is considered to be less risky than IBCF.DE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| I500.DE | IBCF.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 2.65% | 3.08% | -0.43% |
Volatility (6M)Calculated over the trailing 6-month period | 7.60% | 8.63% | -1.03% |
Volatility (1Y)Calculated over the trailing 1-year period | 11.65% | 11.79% | -0.14% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 15.19% | 16.02% | -0.83% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 15.13% | 16.34% | -1.21% |
I500.DE vs. IBCF.DE - Expense Ratio Comparison
I500.DE has a 0.07% expense ratio, which is lower than IBCF.DE's 0.20% 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
I500.DE vs. IBCF.DE - Dividend Comparison
Neither I500.DE nor IBCF.DE has paid dividends to shareholders.
Frequently Asked Questions
I500.DE and IBCF.DE have a correlation of 0.83, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, I500.DE is cheaper at 0.07% per year. The better choice depends on whether you care most about return, fees, risk, or income.
I500.DE is cheaper with a 0.07% expense ratio, compared with 0.20% for IBCF.DE.
I500.DE tracks S&P 500 Index, while IBCF.DE tracks S&P 500 EUR Hedged Index. Their fees differ too: 0.07% for I500.DE and 0.20% for IBCF.DE.
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