IAEX.AS vs. ^FCHI

Last updated Apr 2, 2026

Compare and contrast key facts about iShares AEX UCITS ETF (IAEX.AS) and CAC 40 (^FCHI).

IAEX.AS is a passively managed fund by iShares that tracks the performance of the Euronext AEX All Share TR EUR. It was launched on Nov 18, 2005.

Performance

IAEX.AS vs. ^FCHI - Performance Comparison

The chart below illustrates the hypothetical performance of a €10,000 investment in iShares AEX UCITS ETF (IAEX.AS) and CAC 40 (^FCHI). The values are adjusted to include any dividend payments, if applicable.

IAEX.AS vs. ^FCHI - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
IAEX.AS iShares AEX UCITS ETF	3.08%	10.37%	14.23%	16.75%	-12.11%	30.21%	4.78%	27.67%	-8.03%	15.97%
^FCHI CAC 40	-2.06%	10.42%	-2.15%	16.52%	-9.50%	28.85%	-7.14%	26.37%	-10.95%	9.26%

Returns By Period

In the year-to-date period, IAEX.AS achieves a 3.08% return, which is significantly higher than ^FCHI's -2.06% return. Over the past 10 years, IAEX.AS has outperformed ^FCHI with an annualized return of 10.98%, while ^FCHI has yielded a comparatively lower 6.33% annualized return.

IAEX.AS

• 1D: 1.83%
• 1M: -3.80%
• YTD: 3.08%
• 6M: 3.50%
• 1Y: 10.30%
• 3Y*: 11.30%
• 5Y*: 8.86%
• 10Y*: 10.98%

^FCHI

• 1D: 2.10%
• 1M: -4.92%
• YTD: -2.06%
• 6M: 0.18%
• 1Y: 1.33%
• 3Y*: 2.91%
• 5Y*: 5.51%
• 10Y*: 6.33%

*Multi-year figures are annualized to reflect compound growth (CAGR)

Return for Risk

IAEX.AS vs. ^FCHI — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

IAEX.AS

IAEX.AS Risk / Return Rank: 48
IAEX.AS Sharpe Ratio Rank: 32
IAEX.AS Sortino Ratio Rank: 30
IAEX.AS Omega Ratio Rank: 30
IAEX.AS Calmar Ratio Rank: 84
IAEX.AS Martin Ratio Rank: 63

^FCHI

^FCHI Risk / Return Rank: 26
^FCHI Sharpe Ratio Rank: 18
^FCHI Sortino Ratio Rank: 18
^FCHI Omega Ratio Rank: 18
^FCHI Calmar Ratio Rank: 38
^FCHI Martin Ratio Rank: 39

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.

IAEX.AS vs. ^FCHI - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for iShares AEX UCITS ETF (IAEX.AS) and CAC 40 (^FCHI). 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.

	IAEX.AS	^FCHI	Difference
Sharpe ratio Return per unit of total volatility	0.65	0.08	+0.57
Sortino ratio Return per unit of downside risk	0.94	0.21	+0.73
Omega ratio Gain probability vs. loss probability	1.13	1.03	+0.10
Calmar ratio Return relative to maximum drawdown	2.73	0.88	+1.86
Martin ratio Return relative to average drawdown	6.86	3.04	+3.82
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

IAEX.AS vs. ^FCHI - Sharpe Ratio Comparison

The current IAEX.AS Sharpe Ratio is 0.65, which is higher than the ^FCHI Sharpe Ratio of 0.08. The chart below compares the historical Sharpe Ratios of IAEX.AS and ^FCHI, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

Sharpe Ratios by Period

	IAEX.AS	^FCHI	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	0.65	0.08	+0.57
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.56	0.34	+0.23
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.67	0.35	+0.31
Sharpe Ratio (All Time) Calculated using the full available price history	0.29	0.21	+0.08

Correlation

The correlation between IAEX.AS and ^FCHI is 0.87, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.

Drawdowns

IAEX.AS vs. ^FCHI - Drawdown Comparison

The maximum IAEX.AS drawdown since its inception was -64.96%, roughly equal to the maximum ^FCHI drawdown of -65.29%. Use the drawdown chart below to compare losses from any high point for IAEX.AS and ^FCHI.

Drawdown Indicators

	IAEX.AS	^FCHI	Difference
Max Drawdown Largest peak-to-trough decline	-64.96%	-65.29%	+0.33%
Max Drawdown (1Y) Largest decline over 1 year	-11.56%	-12.67%	+1.11%
Max Drawdown (5Y) Largest decline over 5 years	-22.39%	-23.04%	+0.65%
Max Drawdown (10Y) Largest decline over 10 years	-35.49%	-38.56%	+3.07%
Current Drawdown Current decline from peak	-5.07%	-7.42%	+2.35%
Average Drawdown Average peak-to-trough decline	-17.34%	-23.58%	+6.24%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.70%	3.19%	-0.49%

Volatility

IAEX.AS vs. ^FCHI - Volatility Comparison

iShares AEX UCITS ETF (IAEX.AS) and CAC 40 (^FCHI) have volatilities of 5.21% and 5.25%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	IAEX.AS	^FCHI	Difference
Volatility (1M) Calculated over the trailing 1-month period	5.21%	5.25%	-0.04%
Volatility (6M) Calculated over the trailing 6-month period	9.95%	9.46%	+0.49%
Volatility (1Y) Calculated over the trailing 1-year period	15.57%	15.89%	-0.32%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	15.43%	16.18%	-0.75%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	16.22%	17.67%	-1.45%