IBCA.DE vs. ISPA.DE
IBCA.DE (iShares Euro Government Bond 1-3yr UCITS ETF (Dist)) and ISPA.DE (iShares STOXX Global Select Dividend 100 UCITS ETF (DE)) are both exchange-traded funds - IBCA.DE is a European Government Bonds fund tracking the Bloomberg Euro Government Bond 1-3, while ISPA.DE is a Global Equities fund tracking the STOXX® Global Select Dividend 100 index. Both are passively managed. Over the past 10 years, IBCA.DE returned 0.36%/yr vs 8.98%/yr for ISPA.DE. At a 0.13 correlation, their price movements are largely independent. IBCA.DE charges 0.15%/yr vs 0.46%/yr for ISPA.DE.
Performance
IBCA.DE vs. ISPA.DE - Performance Comparison
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Returns By Period
In the year-to-date period, IBCA.DE achieves a 0.16% return, which is significantly lower than ISPA.DE's 13.48% return. Over the past 10 years, IBCA.DE has underperformed ISPA.DE with an annualized return of 0.36%, while ISPA.DE has yielded a comparatively higher 8.98% annualized return.
IBCA.DE
- 1D
- 0.06%
- 1M
- 0.09%
- YTD
- 0.16%
- 6M
- 0.30%
- 1Y
- 1.12%
- 3Y*
- 2.71%
- 5Y*
- 0.81%
- 10Y*
- 0.36%
ISPA.DE
- 1D
- 0.49%
- 1M
- 1.28%
- YTD
- 13.48%
- 6M
- 15.35%
- 1Y
- 29.45%
- 3Y*
- 18.65%
- 5Y*
- 11.00%
- 10Y*
- 8.98%
IBCA.DE vs. ISPA.DE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
IBCA.DE iShares Euro Government Bond 1-3yr UCITS ETF (Dist) | 0.16% | 2.31% | 3.05% | 3.50% | -4.26% | -0.84% | -0.15% | 0.14% | -0.27% | 0.02% |
ISPA.DE iShares STOXX Global Select Dividend 100 UCITS ETF (DE) | 13.48% | 19.72% | 12.97% | 4.80% | 0.43% | 22.39% | -9.12% | 24.24% | -7.51% | 2.97% |
Correlation
The correlation between IBCA.DE and ISPA.DE is 0.22, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.22 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.17 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.10 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.11 |
Correlation (All Time) Calculated using the full available price history since Oct 14, 2009 | 0.13 |
The correlation between IBCA.DE and ISPA.DE shifts across timeframes, from 0.10 (5 years) to 0.22 (1 year), reflecting how their relationship changes across market environments.
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Return for Risk
IBCA.DE vs. ISPA.DE — Risk / Return Rank
IBCA.DE
ISPA.DE
IBCA.DE vs. ISPA.DE - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for iShares Euro Government Bond 1-3yr UCITS ETF (Dist) (IBCA.DE) and iShares STOXX Global Select Dividend 100 UCITS ETF (DE) (ISPA.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.
| IBCA.DE | ISPA.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -2.65 | ||
| Sortino ratioReturn per unit of downside risk | -3.65 | ||
| Omega ratioGain probability vs. loss probability | 1.15 | 1.62 | -0.47 |
| Calmar ratioReturn relative to maximum drawdown | 0.84 | 8.10 | -7.26 |
| Martin ratioReturn relative to average drawdown | 2.70 | 28.73 | -26.03 |
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
| IBCA.DE | ISPA.DE | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 0.71 | 3.35 | -2.65 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.52 | 0.91 | -0.39 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.09 | 0.60 | -0.51 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.25 | 0.68 | -0.43 |
Drawdowns
IBCA.DE vs. ISPA.DE - Drawdown Comparison
The maximum IBCA.DE drawdown since its inception was -8.31%, smaller than the maximum ISPA.DE drawdown of -38.91%. Use the drawdown chart below to compare losses from any high point for IBCA.DE and ISPA.DE.
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Drawdown Indicators
| IBCA.DE | ISPA.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -8.31% | -38.91% | +30.60% |
Max Drawdown (1Y)Largest decline over 1 year | -1.14% | -3.63% | +2.49% |
Max Drawdown (3Y)Largest decline over 3 years | -1.14% | -15.10% | +13.96% |
Max Drawdown (5Y)Largest decline over 5 years | -5.21% | -15.10% | +9.89% |
Max Drawdown (10Y)Largest decline over 10 years | -8.31% | -38.91% | +30.60% |
Current DrawdownCurrent decline from peak | -0.45% | -1.09% | +0.64% |
Average DrawdownAverage peak-to-trough decline | -1.03% | -4.46% | +3.43% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 0.36% | 1.03% | -0.67% |
Volatility
IBCA.DE vs. ISPA.DE - Volatility Comparison
The current volatility for iShares Euro Government Bond 1-3yr UCITS ETF (Dist) (IBCA.DE) is 0.64%, while iShares STOXX Global Select Dividend 100 UCITS ETF (DE) (ISPA.DE) has a volatility of 2.62%. This indicates that IBCA.DE experiences smaller price fluctuations and is considered to be less risky than ISPA.DE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| IBCA.DE | ISPA.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 0.64% | 2.62% | -1.98% |
Volatility (6M)Calculated over the trailing 6-month period | 1.27% | 6.51% | -5.24% |
Volatility (1Y)Calculated over the trailing 1-year period | 1.36% | 8.77% | -7.41% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 1.55% | 12.00% | -10.45% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 3.81% | 14.79% | -10.98% |
IBCA.DE vs. ISPA.DE - Expense Ratio Comparison
IBCA.DE has a 0.15% expense ratio, which is lower than ISPA.DE's 0.46% expense ratio.
Dividends
IBCA.DE vs. ISPA.DE - Dividend Comparison
IBCA.DE's dividend yield for the trailing twelve months is around 2.18%, less than ISPA.DE's 3.75% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
IBCA.DE iShares Euro Government Bond 1-3yr UCITS ETF (Dist) | 2.18% | 2.45% | 2.47% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.04% | 0.29% |
ISPA.DE iShares STOXX Global Select Dividend 100 UCITS ETF (DE) | 3.75% | 4.52% | 4.89% | 5.91% | 6.92% | 3.32% | 4.04% | 4.02% | 3.37% | 5.66% | 3.64% | 4.35% |
Frequently Asked Questions
IBCA.DE and ISPA.DE have a correlation of 0.22, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, IBCA.DE is cheaper at 0.15% per year. The better choice depends on whether you care most about return, fees, risk, or income.
IBCA.DE is cheaper with a 0.15% expense ratio, compared with 0.46% for ISPA.DE.
IBCA.DE is categorized as European Government Bonds, while ISPA.DE is Global Equities. IBCA.DE tracks Bloomberg Euro Government Bond 1-3, while ISPA.DE tracks STOXX® Global Select Dividend 100 index. Their fees differ too: 0.15% for IBCA.DE and 0.46% for ISPA.DE.
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