IBC7.DE vs. SEC0.DE
IBC7.DE (iShares Fallen Angels High Yield Corp Bond UCITS ETF EUR Hedged (Dist)) and SEC0.DE (iShares MSCI Global Semiconductors UCITS ETF USD (Acc)) are both exchange-traded funds - IBC7.DE is a High Yield Bonds fund tracking the Bloomberg Global Corporate ex EM Fallen Angels 3% Capped (EUR Hedged), while SEC0.DE is a Semiconductors fund tracking the MSCI ACWI IMI Semiconductors & Semiconductor Equipment ESG Screened Select Capped. Both are passively managed. Over the past 3 years, IBC7.DE returned 5.92%/yr vs 56.37%/yr for SEC0.DE. A 0.51 correlation means they provide meaningful diversification when combined. IBC7.DE charges 0.55%/yr vs 0.35%/yr for SEC0.DE.
Performance
IBC7.DE vs. SEC0.DE - Performance Comparison
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Returns By Period
In the year-to-date period, IBC7.DE achieves a 0.72% return, which is significantly lower than SEC0.DE's 98.10% return.
IBC7.DE
- 1D
- 0.11%
- 1M
- 0.31%
- YTD
- 0.72%
- 6M
- 0.87%
- 1Y
- 5.33%
- 3Y*
- 5.92%
- 5Y*
- 1.34%
- 10Y*
- —
SEC0.DE
- 1D
- -2.85%
- 1M
- 18.95%
- YTD
- 98.10%
- 6M
- 98.14%
- 1Y
- 188.23%
- 3Y*
- 56.37%
- 5Y*
- —
- 10Y*
- —
IBC7.DE vs. SEC0.DE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|---|---|
IBC7.DE iShares Fallen Angels High Yield Corp Bond UCITS ETF EUR Hedged (Dist) | 0.72% | 6.91% | 3.22% | 9.52% | -14.03% | 0.24% |
SEC0.DE iShares MSCI Global Semiconductors UCITS ETF USD (Acc) | 98.10% | 36.46% | 20.85% | 61.01% | -32.22% | 21.11% |
Correlation
The correlation between IBC7.DE and SEC0.DE is 0.45, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.45 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.43 |
Correlation (All Time) Calculated using the full available price history since Aug 9, 2021 | 0.51 |
The correlation between IBC7.DE and SEC0.DE has been stable across timeframes, ranging from 0.42 to 0.51 - a consistent structural relationship.
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Return for Risk
IBC7.DE vs. SEC0.DE — Risk / Return Rank
IBC7.DE
SEC0.DE
IBC7.DE vs. SEC0.DE - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for iShares Fallen Angels High Yield Corp Bond UCITS ETF EUR Hedged (Dist) (IBC7.DE) and iShares MSCI Global Semiconductors UCITS ETF USD (Acc) (SEC0.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.
| IBC7.DE | SEC0.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -4.36 | ||
| Sortino ratioReturn per unit of downside risk | -3.50 | ||
| Omega ratioGain probability vs. loss probability | 1.29 | 1.75 | -0.45 |
| Calmar ratioReturn relative to maximum drawdown | 1.56 | 14.81 | -13.24 |
| Martin ratioReturn relative to average drawdown | 6.24 | 52.61 | -46.37 |
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
| IBC7.DE | SEC0.DE | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.53 | 5.89 | -4.36 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.22 | — | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.45 | 1.17 | -0.72 |
Drawdowns
IBC7.DE vs. SEC0.DE - Drawdown Comparison
The maximum IBC7.DE drawdown since its inception was -21.83%, smaller than the maximum SEC0.DE drawdown of -39.35%. Use the drawdown chart below to compare losses from any high point for IBC7.DE and SEC0.DE.
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Drawdown Indicators
| IBC7.DE | SEC0.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -21.83% | -39.35% | +17.52% |
Max Drawdown (1Y)Largest decline over 1 year | -3.47% | -12.90% | +9.43% |
Max Drawdown (3Y)Largest decline over 3 years | -4.46% | -39.35% | +34.89% |
Max Drawdown (5Y)Largest decline over 5 years | -18.31% | — | — |
Current DrawdownCurrent decline from peak | -0.51% | -2.85% | +2.34% |
Average DrawdownAverage peak-to-trough decline | -4.47% | -11.85% | +7.38% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 0.87% | 3.64% | -2.77% |
Volatility
IBC7.DE vs. SEC0.DE - Volatility Comparison
The current volatility for iShares Fallen Angels High Yield Corp Bond UCITS ETF EUR Hedged (Dist) (IBC7.DE) is 1.10%, while iShares MSCI Global Semiconductors UCITS ETF USD (Acc) (SEC0.DE) has a volatility of 13.13%. This indicates that IBC7.DE experiences smaller price fluctuations and is considered to be less risky than SEC0.DE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| IBC7.DE | SEC0.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 1.10% | 13.13% | -12.03% |
Volatility (6M)Calculated over the trailing 6-month period | 2.86% | 25.14% | -22.28% |
Volatility (1Y)Calculated over the trailing 1-year period | 3.53% | 32.42% | -28.89% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 5.98% | 29.95% | -23.97% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 8.00% | 29.95% | -21.95% |
IBC7.DE vs. SEC0.DE - Expense Ratio Comparison
IBC7.DE has a 0.55% expense ratio, which is higher than SEC0.DE's 0.35% expense ratio.
Dividends
IBC7.DE vs. SEC0.DE - Dividend Comparison
IBC7.DE's dividend yield for the trailing twelve months is around 6.97%, while SEC0.DE has not paid dividends to shareholders.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 |
|---|---|---|---|---|---|---|---|---|---|
IBC7.DE iShares Fallen Angels High Yield Corp Bond UCITS ETF EUR Hedged (Dist) | 6.97% | 5.55% | 5.89% | 5.17% | 4.46% | 3.93% | 4.18% | 4.59% | 3.28% |
SEC0.DE iShares MSCI Global Semiconductors UCITS ETF USD (Acc) | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Frequently Asked Questions
IBC7.DE and SEC0.DE have a correlation of 0.45, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, SEC0.DE is cheaper at 0.35% per year. The better choice depends on whether you care most about return, fees, risk, or income.
SEC0.DE is cheaper with a 0.35% expense ratio, compared with 0.55% for IBC7.DE.
IBC7.DE is categorized as High Yield Bonds, while SEC0.DE is Semiconductors. IBC7.DE tracks Bloomberg Global Corporate ex EM Fallen Angels 3% Capped (EUR Hedged), while SEC0.DE tracks MSCI ACWI IMI Semiconductors & Semiconductor Equipment ESG Screened Select Capped. Their fees differ too: 0.55% for IBC7.DE and 0.35% for SEC0.DE.
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