IBCD.DE vs. AYE2.DE
Compare and contrast key facts about iShares USD Corporate Bond UCITS ETF (Dist) (IBCD.DE) and iShares EUR High Yield Corporate Bond ESG UCITS ETF EUR Acc (AYE2.DE).
IBCD.DE and AYE2.DE are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. IBCD.DE is a passively managed fund by iShares that tracks the performance of the iBoxx® USD Liquid Investment Grade. It was launched on Mar 15, 2003. AYE2.DE is a passively managed fund by iShares that tracks the performance of the Bloomberg MSCI Euro Corporate High Yield Sustainable BB+ SRI Bond. It was launched on Nov 12, 2019. Both IBCD.DE and AYE2.DE are passive ETFs, meaning that they are not actively managed but aim to replicate the performance of the underlying index as closely as possible.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: IBCD.DE or AYE2.DE.
Key characteristics
| IBCD.DE | AYE2.DE | |
|---|---|---|
| YTD Return | 2.72% | 5.49% |
| 1Y Return | 6.97% | 10.21% |
| Sharpe Ratio | 0.95 | 3.04 |
| Sortino Ratio | 1.49 | 4.87 |
| Omega Ratio | 1.18 | 1.64 |
| Calmar Ratio | 0.39 | 7.99 |
| Martin Ratio | 3.01 | 27.56 |
| Ulcer Index | 2.27% | 0.37% |
| Daily Std Dev | 7.18% | 3.38% |
| Max Drawdown | -41.86% | -12.23% |
| Current Drawdown | -11.25% | -0.05% |
Correlation
The correlation between IBCD.DE and AYE2.DE is 0.50, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.
Performance
IBCD.DE vs. AYE2.DE - Performance Comparison
In the year-to-date period, IBCD.DE achieves a 2.72% return, which is significantly lower than AYE2.DE's 5.49% return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
IBCD.DE vs. AYE2.DE - Expense Ratio Comparison
IBCD.DE has a 0.20% expense ratio, which is lower than AYE2.DE's 0.25% 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%.
Risk-Adjusted Performance
IBCD.DE vs. AYE2.DE - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for iShares USD Corporate Bond UCITS ETF (Dist) (IBCD.DE) and iShares EUR High Yield Corporate Bond ESG UCITS ETF EUR Acc (AYE2.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.
Dividends
IBCD.DE vs. AYE2.DE - Dividend Comparison
Neither IBCD.DE nor AYE2.DE has paid dividends to shareholders.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
IBCD.DE iShares USD Corporate Bond UCITS ETF (Dist) | 0.00% | 0.00% | 3.60% | 2.21% | 2.56% | 3.07% | 3.09% | 3.02% | 2.97% | 3.00% | 1.21% |
AYE2.DE iShares EUR High Yield Corporate Bond ESG UCITS ETF EUR Acc | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Drawdowns
IBCD.DE vs. AYE2.DE - Drawdown Comparison
The maximum IBCD.DE drawdown since its inception was -41.86%, which is greater than AYE2.DE's maximum drawdown of -12.23%. Use the drawdown chart below to compare losses from any high point for IBCD.DE and AYE2.DE. For additional features, visit the drawdowns tool.
Volatility
IBCD.DE vs. AYE2.DE - Volatility Comparison
The current volatility for iShares USD Corporate Bond UCITS ETF (Dist) (IBCD.DE) is 2.42%, while iShares EUR High Yield Corporate Bond ESG UCITS ETF EUR Acc (AYE2.DE) has a volatility of 2.74%. This indicates that IBCD.DE experiences smaller price fluctuations and is considered to be less risky than AYE2.DE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.