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IAA.AX vs. ESGI.AX
Performance
Return for Risk
Drawdowns
Volatility
Dividends

IAA.AX vs. ESGI.AX

Last updated Jul 16, 2026
Documentation

IAA.AX (iShares Asia 50 ETF (AU)) and ESGI.AX (VanEck MSCI International Sustainable Equity ETF) are both Global Equities funds - IAA.AX tracks the iShares Asia 50 Index while ESGI.AX tracks the MSCI World ex Australia ex Fossil Fuel Select SRI and Low Carbon Capped Index. Both are passively managed. Over the past 5 years, IAA.AX returned 12.29%/yr vs 10.39%/yr for ESGI.AX. At a 0.37 correlation, their price movements are largely independent.

Performance

IAA.AX vs. ESGI.AX - Performance Comparison

The chart below illustrates the hypothetical performance of a A$10,000 investment in iShares Asia 50 ETF (AU) (IAA.AX) and VanEck MSCI International Sustainable Equity ETF (ESGI.AX). The values are adjusted to include any dividend payments, if applicable.

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Returns By Period

In the year-to-date period, IAA.AX achieves a 35.14% return, which is significantly higher than ESGI.AX's 6.43% return.

IAA.AX

1D
-2.18%
1M
-4.08%
6M
25.27%
YTD
35.14%
1Y
61.40%
3Y*
31.17%
5Y*
12.29%
10Y*
14.57%

ESGI.AX

1D
-0.45%
1M
4.59%
6M
4.93%
YTD
6.43%
1Y
8.19%
3Y*
14.32%
5Y*
10.39%
10Y*
—
*Multi-year figures are annualized to reflect compound growth (CAGR)

IAA.AX vs. ESGI.AX - Yearly Performance Comparison

2026 (YTD)20252024202320222021202020192018
IAA.AX
iShares Asia 50 ETF (AU)		35.14%36.38%29.68%1.92%-17.59%-5.27%22.79%22.16%-5.44%
ESGI.AX
VanEck MSCI International Sustainable Equity ETF		6.43%6.29%23.14%16.95%-7.32%24.77%4.97%28.97%-2.79%

Correlation

The correlation between IAA.AX and ESGI.AX 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

0.37

Correlation (5Y)
Calculated over the trailing 5-year period

0.38

Correlation (All Time)
Calculated using the full available price history since Mar 6, 2018

0.37

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iShares Asia 50 ETF (AU)

VanEck MSCI International Sustainable Equity ETF

Return for Risk

IAA.AX vs. ESGI.AX — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.
IAA.AX
IAA.AX Risk / Return Rank: 8383
Overall Rank
IAA.AX Sharpe Ratio Rank: 8585
Sharpe Ratio Rank
IAA.AX Sortino Ratio Rank: 7474
Sortino Ratio Rank
IAA.AX Omega Ratio Rank: 7979
Omega Ratio Rank
IAA.AX Calmar Ratio Rank: 9191
Calmar Ratio Rank
IAA.AX Martin Ratio Rank: 8686
Martin Ratio Rank
ESGI.AX
ESGI.AX Risk / Return Rank: 1919
Overall Rank
ESGI.AX Sharpe Ratio Rank: 2121
Sharpe Ratio Rank
ESGI.AX Sortino Ratio Rank: 2121
Sortino Ratio Rank
ESGI.AX Omega Ratio Rank: 2020
Omega Ratio Rank
ESGI.AX Calmar Ratio Rank: 1717
Calmar Ratio Rank
ESGI.AX Martin Ratio Rank: 1717
Martin Ratio Rank
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.

IAA.AX vs. ESGI.AX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for iShares Asia 50 ETF (AU) (IAA.AX) and VanEck MSCI International Sustainable Equity ETF (ESGI.AX). 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.

Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.

IAA.AXESGI.AXDifference
Sharpe ratioReturn per unit of total volatility
2.19
0.62

+1.57

Sortino ratioReturn per unit of downside risk
2.67
0.98

+1.69

Omega ratioGain probability vs. loss probability

1.37

1.12

+0.25

Calmar ratioReturn relative to maximum drawdown

4.70

0.60

+4.10

Martin ratioReturn relative to average drawdown

14.14

1.38

+12.77

IAA.AX vs. ESGI.AX - Sharpe Ratio Comparison

The current IAA.AX Sharpe Ratio is 2.19, which is higher than the ESGI.AX Sharpe Ratio of 0.62. The chart below compares the historical Sharpe Ratios of IAA.AX and ESGI.AX, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

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Drawdowns

IAA.AX vs. ESGI.AX - Drawdown Comparison

The maximum IAA.AX drawdown since its inception was -44.90%, which is greater than ESGI.AX's maximum drawdown of -22.88%. Use the drawdown chart below to compare losses from any high point for IAA.AX and ESGI.AX.

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Drawdown Indicators

IAA.AXESGI.AXDifference

Max Drawdown

Largest peak-to-trough decline

-44.90%

-22.88%

-22.02%

Max Drawdown (1Y)

Largest decline over 1 year

-12.04%

-14.92%

+2.88%

Max Drawdown (3Y)

Largest decline over 3 years

-17.55%

-14.92%

-2.63%

Max Drawdown (5Y)

Largest decline over 5 years

-40.25%

-19.38%

-20.87%

Max Drawdown (10Y)

Largest decline over 10 years

-44.90%

—

—

Current Drawdown

Current decline from peak

-8.78%

-1.00%

-7.78%

Average Drawdown

Average peak-to-trough decline

-10.35%

-4.51%

-5.84%

Ulcer Index

Depth and duration of drawdowns from previous peaks

4.08%

6.53%

-2.45%

Volatility

IAA.AX vs. ESGI.AX - Volatility Comparison

iShares Asia 50 ETF (AU) (IAA.AX) has a higher volatility of 13.74% compared to VanEck MSCI International Sustainable Equity ETF (ESGI.AX) at 3.61%. This indicates that IAA.AX's price experiences larger fluctuations and is considered to be riskier than ESGI.AX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

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Volatility by Period

IAA.AXESGI.AXDifference

Volatility (1M)

Calculated over the trailing 1-month period

13.74%

3.61%

+10.13%

Volatility (6M)

Calculated over the trailing 6-month period

23.51%

12.18%

+11.33%

Volatility (1Y)

Calculated over the trailing 1-year period

25.84%

14.33%

+11.51%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

22.05%

13.00%

+9.05%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

19.33%

13.86%

+5.47%

Dividends

IAA.AX vs. ESGI.AX - Dividend Comparison

IAA.AX's dividend yield for the trailing twelve months is around 1.00%, less than ESGI.AX's 2.71% yield.

PositionTTM2025202420232022202120202019201820172016
ESGI.AX
VanEck MSCI International Sustainable Equity ETF		2.71%6.43%6.58%3.35%2.39%1.42%1.50%1.55%0.52%0.00%0.00%
IAA.AX
iShares Asia 50 ETF (AU)		1.00%2.16%0.44%1.36%3.40%1.68%1.18%4.31%0.48%1.28%1.78%

Frequently Asked Questions

IAA.AX and ESGI.AX 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.

IAA.AX tracks iShares Asia 50 Index, while ESGI.AX tracks MSCI World ex Australia ex Fossil Fuel Select SRI and Low Carbon Capped Index. They also come from different issuers: iShares and VanEck.

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