IBC0.DE vs. VWCG.DE
IBC0.DE (iShares Edge MSCI Europe Multifactor UCITS ETF) and VWCG.DE (Vanguard FTSE Developed Europe UCITS ETF (EUR) Accumulating) are both Europe Equities funds - IBC0.DE tracks the MSCI Europe Diversified Multiple-Factor while VWCG.DE tracks the FTSE Developed Europe. Both are passively managed. Over the past 5 years, IBC0.DE returned 10.54%/yr vs 9.96%/yr for VWCG.DE. Their correlation of 0.91 suggests significant overlap in exposure. IBC0.DE charges 0.45%/yr vs 0.10%/yr for VWCG.DE.
Performance
IBC0.DE vs. VWCG.DE - Performance Comparison
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Returns By Period
In the year-to-date period, IBC0.DE achieves a 9.99% return, which is significantly higher than VWCG.DE's 7.34% return.
IBC0.DE
- 1D
- 0.63%
- 1M
- 0.47%
- YTD
- 9.99%
- 6M
- 13.20%
- 1Y
- 19.89%
- 3Y*
- 18.33%
- 5Y*
- 10.54%
- 10Y*
- 9.77%
VWCG.DE
- 1D
- 0.57%
- 1M
- 1.01%
- YTD
- 7.34%
- 6M
- 9.93%
- 1Y
- 16.18%
- 3Y*
- 14.09%
- 5Y*
- 9.96%
- 10Y*
- —
IBC0.DE vs. VWCG.DE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | |
|---|---|---|---|---|---|---|---|---|
IBC0.DE iShares Edge MSCI Europe Multifactor UCITS ETF | 9.99% | 21.49% | 14.29% | 19.19% | -15.94% | 26.76% | -0.55% | 11.60% |
VWCG.DE Vanguard FTSE Developed Europe UCITS ETF (EUR) Accumulating | 7.34% | 20.45% | 8.94% | 16.07% | -9.71% | 24.74% | -2.59% | 11.39% |
Correlation
The correlation between IBC0.DE and VWCG.DE is 0.93, 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 | 0.93 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.91 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.92 |
Correlation (All Time) Calculated using the full available price history since Aug 5, 2019 | 0.91 |
The correlation between IBC0.DE and VWCG.DE has been stable across timeframes, ranging from 0.91 to 0.93 - a consistent structural relationship.
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Return for Risk
IBC0.DE vs. VWCG.DE — Risk / Return Rank
IBC0.DE
VWCG.DE
IBC0.DE vs. VWCG.DE - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for iShares Edge MSCI Europe Multifactor UCITS ETF (IBC0.DE) and Vanguard FTSE Developed Europe UCITS ETF (EUR) Accumulating (VWCG.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.
| IBC0.DE | VWCG.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.33 | ||
| Sortino ratioReturn per unit of downside risk | +0.47 | ||
| Omega ratioGain probability vs. loss probability | 1.30 | 1.24 | +0.06 |
| Calmar ratioReturn relative to maximum drawdown | 2.56 | 1.70 | +0.86 |
| Martin ratioReturn relative to average drawdown | 9.54 | 6.40 | +3.14 |
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
| IBC0.DE | VWCG.DE | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.59 | 1.26 | +0.33 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.71 | 0.69 | +0.02 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.61 | — | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.58 | 0.64 | -0.06 |
Drawdowns
IBC0.DE vs. VWCG.DE - Drawdown Comparison
The maximum IBC0.DE drawdown since its inception was -37.22%, roughly equal to the maximum VWCG.DE drawdown of -35.68%. Use the drawdown chart below to compare losses from any high point for IBC0.DE and VWCG.DE.
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Drawdown Indicators
| IBC0.DE | VWCG.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -37.22% | -35.68% | -1.54% |
Max Drawdown (1Y)Largest decline over 1 year | -7.87% | -9.58% | +1.71% |
Max Drawdown (3Y)Largest decline over 3 years | -15.28% | -16.07% | +0.79% |
Max Drawdown (5Y)Largest decline over 5 years | -24.64% | -20.10% | -4.54% |
Max Drawdown (10Y)Largest decline over 10 years | -37.22% | — | — |
Current DrawdownCurrent decline from peak | -1.53% | -1.51% | -0.02% |
Average DrawdownAverage peak-to-trough decline | -5.79% | -5.10% | -0.69% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.12% | 2.55% | -0.43% |
Volatility
IBC0.DE vs. VWCG.DE - Volatility Comparison
iShares Edge MSCI Europe Multifactor UCITS ETF (IBC0.DE) and Vanguard FTSE Developed Europe UCITS ETF (EUR) Accumulating (VWCG.DE) have volatilities of 4.25% and 4.33%, 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.
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Volatility by Period
| IBC0.DE | VWCG.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 4.25% | 4.33% | -0.08% |
Volatility (6M)Calculated over the trailing 6-month period | 10.49% | 10.64% | -0.15% |
Volatility (1Y)Calculated over the trailing 1-year period | 12.68% | 12.91% | -0.23% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 14.81% | 14.29% | +0.52% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 16.32% | 17.09% | -0.77% |
IBC0.DE vs. VWCG.DE - Expense Ratio Comparison
IBC0.DE has a 0.45% expense ratio, which is higher than VWCG.DE's 0.10% expense ratio.
Dividends
IBC0.DE vs. VWCG.DE - Dividend Comparison
Neither IBC0.DE nor VWCG.DE has paid dividends to shareholders.
Frequently Asked Questions
With a correlation of 0.93, IBC0.DE and VWCG.DE move almost identically. Holding both adds very little diversification - you're essentially doubling your position in the same market segment. Choosing one is usually more capital-efficient.
On fees, VWCG.DE is cheaper at 0.10% per year. The better choice depends on whether you care most about return, fees, risk, or income.
VWCG.DE is cheaper with a 0.10% expense ratio, compared with 0.45% for IBC0.DE.
IBC0.DE tracks MSCI Europe Diversified Multiple-Factor, while VWCG.DE tracks FTSE Developed Europe. They also come from different issuers: iShares and Vanguard. Their fees differ too: 0.45% for IBC0.DE and 0.10% for VWCG.DE.
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