IBCA.DE vs. IUSQ.DE
IBCA.DE (iShares Euro Government Bond 1-3yr UCITS ETF (Dist)) and IUSQ.DE (iShares MSCI ACWI UCITS ETF (Acc)) are both exchange-traded funds - IBCA.DE is a European Government Bonds fund tracking the Bloomberg Euro Government Bond 1-3, while IUSQ.DE is a Global Equities fund tracking the MSCI All Country World (ACWI). Both are passively managed. Over the past 10 years, IBCA.DE returned 0.36%/yr vs 12.38%/yr for IUSQ.DE. At a 0.13 correlation, their price movements are largely independent. IBCA.DE charges 0.15%/yr vs 0.20%/yr for IUSQ.DE.
Performance
IBCA.DE vs. IUSQ.DE - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, IBCA.DE achieves a 0.16% return, which is significantly lower than IUSQ.DE's 12.65% return. Over the past 10 years, IBCA.DE has underperformed IUSQ.DE with an annualized return of 0.36%, while IUSQ.DE has yielded a comparatively higher 12.38% annualized return.
IBCA.DE
- 1D
- 0.06%
- 1M
- 0.22%
- YTD
- 0.16%
- 6M
- 0.27%
- 1Y
- 0.96%
- 3Y*
- 2.71%
- 5Y*
- 0.81%
- 10Y*
- 0.36%
IUSQ.DE
- 1D
- -0.23%
- 1M
- 3.68%
- YTD
- 12.65%
- 6M
- 12.87%
- 1Y
- 26.39%
- 3Y*
- 17.93%
- 5Y*
- 12.42%
- 10Y*
- 12.38%
IBCA.DE vs. IUSQ.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% |
IUSQ.DE iShares MSCI ACWI UCITS ETF (Acc) | 12.65% | 9.02% | 24.53% | 18.57% | -13.58% | 29.13% | 4.94% | 30.14% | -5.97% | 9.14% |
Correlation
The correlation between IBCA.DE and IUSQ.DE is 0.19, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.19 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.10 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.07 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.09 |
Correlation (All Time) Calculated using the full available price history since Oct 24, 2011 | 0.13 |
The correlation between IBCA.DE and IUSQ.DE shifts across timeframes, from 0.07 (5 years) to 0.19 (1 year), reflecting how their relationship changes across market environments.
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Return for Risk
IBCA.DE vs. IUSQ.DE — Risk / Return Rank
IBCA.DE
IUSQ.DE
IBCA.DE vs. IUSQ.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 MSCI ACWI UCITS ETF (Acc) (IUSQ.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 | IUSQ.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -1.60 | ||
| Sortino ratioReturn per unit of downside risk | -2.19 | ||
| Omega ratioGain probability vs. loss probability | 1.15 | 1.43 | -0.28 |
| Calmar ratioReturn relative to maximum drawdown | 0.84 | 4.08 | -3.24 |
| Martin ratioReturn relative to average drawdown | 2.70 | 16.69 | -13.99 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
Loading charts...
Sharpe Ratios by Period
| IBCA.DE | IUSQ.DE | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 0.71 | 2.31 | -1.60 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.52 | 0.88 | -0.36 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.09 | 0.82 | -0.72 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.25 | 0.76 | -0.51 |
Drawdowns
IBCA.DE vs. IUSQ.DE - Drawdown Comparison
The maximum IBCA.DE drawdown since its inception was -8.31%, smaller than the maximum IUSQ.DE drawdown of -33.60%. Use the drawdown chart below to compare losses from any high point for IBCA.DE and IUSQ.DE.
Loading charts...
Drawdown Indicators
| IBCA.DE | IUSQ.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -8.31% | -33.60% | +25.29% |
Max Drawdown (1Y)Largest decline over 1 year | -1.14% | -6.48% | +5.34% |
Max Drawdown (3Y)Largest decline over 3 years | -1.14% | -21.25% | +20.11% |
Max Drawdown (5Y)Largest decline over 5 years | -5.21% | -21.25% | +16.04% |
Max Drawdown (10Y)Largest decline over 10 years | -8.31% | -33.60% | +25.29% |
Current DrawdownCurrent decline from peak | -0.45% | -0.55% | +0.10% |
Average DrawdownAverage peak-to-trough decline | -1.03% | -4.19% | +3.16% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 0.36% | 1.59% | -1.23% |
Volatility
IBCA.DE vs. IUSQ.DE - Volatility Comparison
The current volatility for iShares Euro Government Bond 1-3yr UCITS ETF (Dist) (IBCA.DE) is 0.64%, while iShares MSCI ACWI UCITS ETF (Acc) (IUSQ.DE) has a volatility of 3.03%. This indicates that IBCA.DE experiences smaller price fluctuations and is considered to be less risky than IUSQ.DE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| IBCA.DE | IUSQ.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 0.64% | 3.03% | -2.39% |
Volatility (6M)Calculated over the trailing 6-month period | 1.27% | 8.26% | -6.99% |
Volatility (1Y)Calculated over the trailing 1-year period | 1.36% | 11.47% | -10.11% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 1.55% | 13.94% | -12.39% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 3.81% | 15.02% | -11.21% |
IBCA.DE vs. IUSQ.DE - Expense Ratio Comparison
IBCA.DE has a 0.15% expense ratio, which is lower than IUSQ.DE's 0.20% expense ratio. Despite the difference, both funds are considered low-cost compared to the broader market, where average expense ratios usually range from 0.3% to 0.9%.
Dividends
IBCA.DE vs. IUSQ.DE - Dividend Comparison
IBCA.DE's dividend yield for the trailing twelve months is around 2.18%, while IUSQ.DE has not paid dividends to shareholders.
| 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% |
IUSQ.DE iShares MSCI ACWI UCITS ETF (Acc) | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Frequently Asked Questions
IBCA.DE and IUSQ.DE have a correlation of 0.19, 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 0.20% for IUSQ.DE.
IBCA.DE is categorized as European Government Bonds, while IUSQ.DE is Global Equities. IBCA.DE tracks Bloomberg Euro Government Bond 1-3, while IUSQ.DE tracks MSCI All Country World (ACWI). Their fees differ too: 0.15% for IBCA.DE and 0.20% for IUSQ.DE.
Find the right allocation for IBCA.DE and IUSQ.DE
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