IBC6.DE vs. NQSE.DE
IBC6.DE (iShares MSCI Australia UCITS ETF) and NQSE.DE (iShares NASDAQ 100 UCITS ETF) are both exchange-traded funds - IBC6.DE is a Asia Pacific Equities fund tracking the MSCI Australia, while NQSE.DE is a Nasdaq-100 fund tracking the NASDAQ-100 Index. Both are passively managed. Over the past 5 years, IBC6.DE returned 6.48%/yr vs 14.91%/yr for NQSE.DE. A 0.59 correlation means they provide meaningful diversification when combined. IBC6.DE charges 0.50%/yr vs 0.33%/yr for NQSE.DE.
Performance
IBC6.DE vs. NQSE.DE - Performance Comparison
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Returns By Period
In the year-to-date period, IBC6.DE achieves a 10.86% return, which is significantly lower than NQSE.DE's 17.82% return.
IBC6.DE
- 1D
- -0.63%
- 1M
- -2.24%
- YTD
- 10.86%
- 6M
- 12.44%
- 1Y
- 11.70%
- 3Y*
- 9.64%
- 5Y*
- 6.48%
- 10Y*
- 8.07%
NQSE.DE
- 1D
- -0.77%
- 1M
- 6.66%
- YTD
- 17.82%
- 6M
- 17.09%
- 1Y
- 35.67%
- 3Y*
- 25.27%
- 5Y*
- 14.91%
- 10Y*
- —
IBC6.DE vs. NQSE.DE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | |
|---|---|---|---|---|---|---|---|---|---|
IBC6.DE iShares MSCI Australia UCITS ETF | 10.86% | 1.01% | 8.47% | 10.05% | -0.95% | 18.21% | -1.41% | 25.74% | -5.67% |
NQSE.DE iShares NASDAQ 100 UCITS ETF | 17.82% | 18.16% | 24.07% | 52.10% | -36.29% | 27.37% | 45.23% | 35.67% | -15.98% |
Correlation
The correlation between IBC6.DE and NQSE.DE is 0.50, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.50 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.53 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.59 |
Correlation (All Time) Calculated using the full available price history since Sep 11, 2018 | 0.59 |
The correlation between IBC6.DE and NQSE.DE has been stable across timeframes, ranging from 0.50 to 0.59 - a consistent structural relationship.
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Return for Risk
IBC6.DE vs. NQSE.DE — Risk / Return Rank
IBC6.DE
NQSE.DE
IBC6.DE vs. NQSE.DE - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for iShares MSCI Australia UCITS ETF (IBC6.DE) and iShares NASDAQ 100 UCITS ETF (NQSE.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.
| IBC6.DE | NQSE.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -1.38 | ||
| Sortino ratioReturn per unit of downside risk | -1.77 | ||
| Omega ratioGain probability vs. loss probability | 1.16 | 1.39 | -0.23 |
| Calmar ratioReturn relative to maximum drawdown | 1.61 | 3.08 | -1.47 |
| Martin ratioReturn relative to average drawdown | 4.12 | 10.77 | -6.64 |
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
| IBC6.DE | NQSE.DE | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 0.89 | 2.28 | -1.38 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.38 | 0.71 | -0.32 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.42 | — | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.32 | 0.82 | -0.50 |
Drawdowns
IBC6.DE vs. NQSE.DE - Drawdown Comparison
The maximum IBC6.DE drawdown since its inception was -43.64%, which is greater than NQSE.DE's maximum drawdown of -37.67%. Use the drawdown chart below to compare losses from any high point for IBC6.DE and NQSE.DE.
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Drawdown Indicators
| IBC6.DE | NQSE.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -43.64% | -37.67% | -5.97% |
Max Drawdown (1Y)Largest decline over 1 year | -7.49% | -11.87% | +4.38% |
Max Drawdown (3Y)Largest decline over 3 years | -23.12% | -22.40% | -0.72% |
Max Drawdown (5Y)Largest decline over 5 years | -23.12% | -37.67% | +14.55% |
Max Drawdown (10Y)Largest decline over 10 years | -43.64% | — | — |
Current DrawdownCurrent decline from peak | -2.69% | -0.84% | -1.85% |
Average DrawdownAverage peak-to-trough decline | -7.84% | -8.56% | +0.72% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.92% | 3.40% | -0.48% |
Volatility
IBC6.DE vs. NQSE.DE - Volatility Comparison
The current volatility for iShares MSCI Australia UCITS ETF (IBC6.DE) is 3.71%, while iShares NASDAQ 100 UCITS ETF (NQSE.DE) has a volatility of 4.75%. This indicates that IBC6.DE experiences smaller price fluctuations and is considered to be less risky than NQSE.DE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| IBC6.DE | NQSE.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 3.71% | 4.75% | -1.04% |
Volatility (6M)Calculated over the trailing 6-month period | 10.68% | 11.99% | -1.31% |
Volatility (1Y)Calculated over the trailing 1-year period | 13.47% | 16.05% | -2.58% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 16.70% | 20.91% | -4.21% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 19.31% | 21.54% | -2.23% |
IBC6.DE vs. NQSE.DE - Expense Ratio Comparison
IBC6.DE has a 0.50% expense ratio, which is higher than NQSE.DE's 0.33% expense ratio.
Dividends
IBC6.DE vs. NQSE.DE - Dividend Comparison
Neither IBC6.DE nor NQSE.DE has paid dividends to shareholders.
Frequently Asked Questions
IBC6.DE and NQSE.DE have a correlation of 0.50, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, NQSE.DE is cheaper at 0.33% per year. The better choice depends on whether you care most about return, fees, risk, or income.
NQSE.DE is cheaper with a 0.33% expense ratio, compared with 0.50% for IBC6.DE.
IBC6.DE is categorized as Asia Pacific Equities, while NQSE.DE is Nasdaq-100. IBC6.DE tracks MSCI Australia, while NQSE.DE tracks NASDAQ-100 Index. Their fees differ too: 0.50% for IBC6.DE and 0.33% for NQSE.DE.
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