PortfoliosLab logoPortfoliosLab logo

Documentation

Upgrade your plan
IAEX.L vs. TER
Performance
Return for Risk
Drawdowns
Volatility
Dividends

IAEX.L vs. TER

Last updated Jun 16, 2026

IAEX.L (iShares AEX UCITS ETF EUR (Dist)) is Europe Equities fund tracking the Euronext AEX All Share TR EUR, while TER (Teradyne, Inc.) is a stock. Over the past 10 years, IAEX.L returned 13.40%/yr vs 38.34%/yr for TER. At a 0.39 correlation, their price movements are largely independent.

Performance

IAEX.L vs. TER - Performance Comparison

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

Loading charts...

Different Trading Currencies

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

Returns By Period

In the year-to-date period, IAEX.L achieves a 13.70% return, which is significantly lower than TER's 124.56% return. Over the past 10 years, IAEX.L has underperformed TER with an annualized return of 13.40%, while TER has yielded a comparatively higher 38.34% annualized return.

IAEX.L

1D
-0.37%
1M
5.77%
YTD
13.70%
6M
13.17%
1Y
21.05%
3Y*
14.59%
5Y*
10.42%
10Y*
13.40%

TER

1D
7.17%
1M
27.16%
YTD
124.56%
6M
121.65%
1Y
427.95%
3Y*
55.58%
5Y*
29.08%
10Y*
38.34%
*Multi-year figures are annualized to reflect compound growth (CAGR)

IAEX.L vs. TER - Yearly Performance Comparison

2026 (YTD)202520242023202220212020201920182017
IAEX.L
iShares AEX UCITS ETF EUR (Dist)		13.70%16.14%8.60%14.11%-6.28%21.00%10.97%21.66%-7.74%20.82%
TER
Teradyne, Inc.		124.56%43.39%18.55%18.54%-39.97%38.10%71.54%110.60%-19.89%51.79%

Correlation

The correlation between IAEX.L and TER is 0.35, which is low. Their price movements are largely independent, making them effective diversification partners.

Correlation
Correlation (1Y)
Calculated over the trailing 1-year period

0.35

Correlation (3Y)
Calculated over the trailing 3-year period

0.34

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

0.38

Correlation (10Y)
Calculated over the trailing 10-year period

0.40

Correlation (All Time)
Calculated using the full available price history since Jul 13, 2007

0.39

Compare stocks, funds, or ETFs

Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.

iShares AEX UCITS ETF EUR (Dist)

Teradyne, Inc.

Often compared with IAEX.L:
IAEX.L vs. CSPX.LIAEX.L vs. CNDX.LIAEX.L vs. ^GSPCIAEX.L vs. VOOIAEX.L vs. VGTIAEX.L vs. VUSA.LIAEX.L vs. IUSA.L
Often compared with TER:
TER vs. AEHRTER vs. SNPSTER vs. AMATTER vs. VGTTER vs. BWXTTER vs. PLABTER vs. CDNS

Return for Risk

IAEX.L vs. TER — 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: 5252
Overall Rank
IAEX.L Sharpe Ratio Rank: 5151
Sharpe Ratio Rank
IAEX.L Sortino Ratio Rank: 5050
Sortino Ratio Rank
IAEX.L Omega Ratio Rank: 4949
Omega Ratio Rank
IAEX.L Calmar Ratio Rank: 5959
Calmar Ratio Rank
IAEX.L Martin Ratio Rank: 5050
Martin Ratio Rank
TER
TER Risk / Return Rank: 9999
Overall Rank
TER Sharpe Ratio Rank: 9999
Sharpe Ratio Rank
TER Sortino Ratio Rank: 9898
Sortino Ratio Rank
TER Omega Ratio Rank: 9898
Omega Ratio Rank
TER Calmar Ratio Rank: 9999
Calmar Ratio Rank
TER Martin Ratio Rank: 9999
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.

IAEX.L vs. TER - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for iShares AEX UCITS ETF EUR (Dist) (IAEX.L) and Teradyne, Inc. (TER). 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.

IAEX.LTERDifference
Sharpe ratioReturn per unit of total volatility
1.64
6.50

-4.86

Sortino ratioReturn per unit of downside risk
2.31
4.90

-2.58

Omega ratioGain probability vs. loss probability

1.30

1.71

-0.42

Calmar ratioReturn relative to maximum drawdown

2.78

16.32

-13.54

Martin ratioReturn relative to average drawdown

8.06

60.03

-51.98

IAEX.L vs. TER - Sharpe Ratio Comparison

The current IAEX.L Sharpe Ratio is 1.64, which is lower than the TER Sharpe Ratio of 6.50. The chart below compares the historical Sharpe Ratios of IAEX.L and TER, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Loading charts...

Drawdowns

IAEX.L vs. TER - Drawdown Comparison

The maximum IAEX.L drawdown since its inception was -63.74%, smaller than the maximum TER drawdown of -77.09%. Use the drawdown chart below to compare losses from any high point for IAEX.L and TER.

Loading charts...

Drawdown Indicators

IAEX.LTERDifference

Max Drawdown

Largest peak-to-trough decline

-63.74%

-77.09%

+13.35%

Max Drawdown (1Y)

Largest decline over 1 year

-7.54%

-26.44%

+18.90%

Max Drawdown (3Y)

Largest decline over 3 years

-12.80%

-58.34%

+45.54%

Max Drawdown (5Y)

Largest decline over 5 years

-21.96%

-58.34%

+36.38%

Max Drawdown (10Y)

Largest decline over 10 years

-28.85%

-58.34%

+29.49%

Current Drawdown

Current decline from peak

-0.37%

0.00%

-0.37%

Average Drawdown

Average peak-to-trough decline

-16.63%

-19.33%

+2.70%

Ulcer Index

Depth and duration of drawdowns from previous peaks

2.60%

7.17%

-4.57%

Volatility

IAEX.L vs. TER - Volatility Comparison

The current volatility for iShares AEX UCITS ETF EUR (Dist) (IAEX.L) is 3.00%, while Teradyne, Inc. (TER) has a volatility of 25.23%. This indicates that IAEX.L experiences smaller price fluctuations and is considered to be less risky than TER based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Loading charts...

Volatility by Period

IAEX.LTERDifference

Volatility (1M)

Calculated over the trailing 1-month period

3.00%

25.23%

-22.23%

Volatility (6M)

Calculated over the trailing 6-month period

10.37%

51.85%

-41.48%

Volatility (1Y)

Calculated over the trailing 1-year period

12.77%

66.47%

-53.70%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

15.20%

48.95%

-33.75%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

16.16%

44.59%

-28.43%

Dividends

IAEX.L vs. TER - Dividend Comparison

IAEX.L's dividend yield for the trailing twelve months is around 0.96%, more than TER's 0.12% yield.

PositionTTM20252024202320222021202020192018201720162015
IAEX.L
iShares AEX UCITS ETF EUR (Dist)		0.96%2.03%2.16%2.09%2.20%1.57%1.41%2.89%3.11%2.70%2.73%2.85%
TER
Teradyne, Inc.		0.12%0.25%0.38%0.41%0.50%0.24%0.33%0.53%1.15%0.67%0.94%1.16%

Frequently Asked Questions

IAEX.L and TER have a correlation of 0.35, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Portfolio Optimizer

Find the right allocation for IAEX.L and TER

Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.

Open Portfolio Optimizer