IAEX.L vs. TDT.AS

Last updated Apr 3, 2026

Compare and contrast key facts about iShares AEX UCITS ETF EUR (Dist) (IAEX.L) and VanEck AEX UCITS ETF (TDT.AS).

IAEX.L and TDT.AS are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. IAEX.L 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. TDT.AS is a passively managed fund by VanEck that tracks the performance of the Euronext AEX All Share TR EUR. It was launched on Dec 7, 2009. Both IAEX.L and TDT.AS are passive ETFs, meaning that they are not actively managed but aim to replicate the performance of the underlying index as closely as possible.

Performance

IAEX.L vs. TDT.AS - Performance Comparison

The chart below illustrates the hypothetical performance of a £10,000 investment in iShares AEX UCITS ETF EUR (Dist) (IAEX.L) and VanEck AEX UCITS ETF (TDT.AS). The values are adjusted to include any dividend payments, if applicable.

IAEX.L vs. TDT.AS - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
IAEX.L iShares AEX UCITS ETF EUR (Dist)	3.03%	16.56%	9.02%	14.52%	-5.93%	21.34%	11.18%	22.17%	-7.39%	21.31%
TDT.AS VanEck AEX UCITS ETF	3.07%	16.49%	9.27%	14.60%	-7.45%	22.75%	11.28%	20.75%	-6.69%	21.15%

Different Trading Currencies

IAEX.L is traded in GBp, while TDT.AS is traded in EUR. To make them comparable, the TDT.AS values have been converted to GBp using the latest available exchange rates.

Returns By Period

The year-to-date returns for both investments are quite close, with IAEX.L having a 3.03% return and TDT.AS slightly higher at 3.07%. Both investments have delivered pretty close results over the past 10 years, with IAEX.L having a 12.38% annualized return and TDT.AS not far behind at 12.21%.

IAEX.L

• 1D: 1.57%
• 1M: -1.20%
• YTD: 3.03%
• 6M: 2.34%
• 1Y: 15.72%
• 3Y*: 11.32%
• 5Y*: 9.77%
• 10Y*: 12.38%

TDT.AS

• 1D: 0.03%
• 1M: -1.05%
• YTD: 3.07%
• 6M: 2.33%
• 1Y: 15.90%
• 3Y*: 11.13%
• 5Y*: 9.56%
• 10Y*: 12.21%

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

IAEX.L vs. TDT.AS - Expense Ratio Comparison

Both IAEX.L and TDT.AS have an expense ratio of 0.30%.

IAEX.L

iShares AEX UCITS ETF EUR (Dist)

TDT.AS

VanEck AEX UCITS ETF

Return for Risk

IAEX.L vs. TDT.AS — Risk / Return Rank

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

IAEX.L

IAEX.L Risk / Return Rank: 60
IAEX.L Sharpe Ratio Rank: 59
IAEX.L Sortino Ratio Rank: 55
IAEX.L Omega Ratio Rank: 53
IAEX.L Calmar Ratio Rank: 74
IAEX.L Martin Ratio Rank: 60

TDT.AS

TDT.AS Risk / Return Rank: 52
TDT.AS Sharpe Ratio Rank: 34
TDT.AS Sortino Ratio Rank: 32
TDT.AS Omega Ratio Rank: 31
TDT.AS Calmar Ratio Rank: 89
TDT.AS Martin Ratio Rank: 72

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.L vs. TDT.AS - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for iShares AEX UCITS ETF EUR (Dist) (IAEX.L) and VanEck AEX UCITS ETF (TDT.AS). 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.L	TDT.AS	Difference
Sharpe ratio Return per unit of total volatility	1.11	1.05	+0.06
Sortino ratio Return per unit of downside risk	1.52	1.47	+0.05
Omega ratio Gain probability vs. loss probability	1.21	1.21	0.00
Calmar ratio Return relative to maximum drawdown	2.41	3.70	-1.29
Martin ratio Return relative to average drawdown	7.14	10.62	-3.49
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.L vs. TDT.AS - Sharpe Ratio Comparison

The current IAEX.L Sharpe Ratio is 1.11, which is comparable to the TDT.AS Sharpe Ratio of 1.05. The chart below compares the historical Sharpe Ratios of IAEX.L and TDT.AS, 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.L	TDT.AS	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	1.11	1.05	+0.06
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.64	0.61	+0.03
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.72	0.75	-0.03
Sharpe Ratio (All Time) Calculated using the full available price history	0.23	0.55	-0.32

Correlation

The correlation between IAEX.L and TDT.AS is 0.92, 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.

Dividends

IAEX.L vs. TDT.AS - Dividend Comparison

IAEX.L's dividend yield for the trailing twelve months is around 2.28%, more than TDT.AS's 2.18% yield.

	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
IAEX.L iShares AEX UCITS ETF EUR (Dist)	2.28%	2.37%	2.57%	2.43%	2.56%	1.84%	1.57%	3.29%	3.54%	3.09%	3.34%	3.94%
TDT.AS VanEck AEX UCITS ETF	2.18%	2.28%	2.40%	2.24%	2.32%	1.69%	1.75%	3.24%	3.37%	3.04%	3.28%	2.54%

Drawdowns

IAEX.L vs. TDT.AS - Drawdown Comparison

The maximum IAEX.L drawdown since its inception was -63.69%, which is greater than TDT.AS's maximum drawdown of -27.83%. Use the drawdown chart below to compare losses from any high point for IAEX.L and TDT.AS.

Drawdown Indicators

	IAEX.L	TDT.AS	Difference
Max Drawdown Largest peak-to-trough decline	-63.69%	-35.61%	-28.08%
Max Drawdown (1Y) Largest decline over 1 year	-7.50%	-9.12%	+1.62%
Max Drawdown (5Y) Largest decline over 5 years	-21.90%	-22.17%	+0.27%
Max Drawdown (10Y) Largest decline over 10 years	-28.83%	-35.61%	+6.78%
Current Drawdown Current decline from peak	-5.40%	-5.30%	-0.10%
Average Drawdown Average peak-to-trough decline	-16.68%	-5.67%	-11.01%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.53%	2.75%	-0.22%

Volatility

IAEX.L vs. TDT.AS - Volatility Comparison

iShares AEX UCITS ETF EUR (Dist) (IAEX.L) and VanEck AEX UCITS ETF (TDT.AS) have volatilities of 4.70% and 4.80%, 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.L	TDT.AS	Difference
Volatility (1M) Calculated over the trailing 1-month period	4.70%	4.80%	-0.10%
Volatility (6M) Calculated over the trailing 6-month period	9.89%	10.08%	-0.19%
Volatility (1Y) Calculated over the trailing 1-year period	14.09%	14.90%	-0.81%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	15.24%	15.30%	-0.06%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	17.21%	16.09%	+1.12%