IBCG.DE vs. SEC0.DE
IBCG.DE (iShares MSCI Japan EUR Hedged UCITS ETF (Acc)) and SEC0.DE (iShares MSCI Global Semiconductors UCITS ETF USD (Acc)) are both exchange-traded funds - IBCG.DE is a Japan Equities fund tracking the MSCI Japan Index (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, IBCG.DE returned 25.91%/yr vs 54.46%/yr for SEC0.DE. A 0.57 correlation means they provide meaningful diversification when combined. IBCG.DE charges 0.64%/yr vs 0.35%/yr for SEC0.DE.
Performance
IBCG.DE vs. SEC0.DE - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, IBCG.DE achieves a 21.27% return, which is significantly lower than SEC0.DE's 98.18% return.
IBCG.DE
- 1D
- 1.23%
- 1M
- 1.98%
- 6M
- 20.86%
- YTD
- 21.27%
- 1Y
- 48.23%
- 3Y*
- 25.91%
- 5Y*
- 19.57%
- 10Y*
- 14.99%
SEC0.DE
- 1D
- 0.00%
- 1M
- -2.81%
- 6M
- 92.87%
- YTD
- 98.18%
- 1Y
- 165.40%
- 3Y*
- 54.46%
- 5Y*
- —
- 10Y*
- —
IBCG.DE vs. SEC0.DE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|---|---|
IBCG.DE iShares MSCI Japan EUR Hedged UCITS ETF (Acc) | 21.27% | 26.94% | 22.76% | 32.85% | -5.89% | 4.40% |
SEC0.DE iShares MSCI Global Semiconductors UCITS ETF USD (Acc) | 98.18% | 36.46% | 20.85% | 61.01% | -32.22% | 21.50% |
Correlation
The correlation between IBCG.DE and SEC0.DE is 0.56, 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 | 0.56 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.52 |
Correlation (All Time) Calculated using the full available price history since Aug 6, 2021 | 0.57 |
The correlation between IBCG.DE and SEC0.DE has been stable across timeframes, ranging from 0.52 to 0.57 - a consistent structural relationship.
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
IBCG.DE vs. SEC0.DE — Risk / Return Rank
IBCG.DE
SEC0.DE
IBCG.DE vs. SEC0.DE - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for iShares MSCI Japan EUR Hedged UCITS ETF (Acc) (IBCG.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.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| IBCG.DE | SEC0.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -2.17 | ||
| Sortino ratioReturn per unit of downside risk | -1.27 | ||
| Omega ratioGain probability vs. loss probability | 1.44 | 1.59 | -0.15 |
| Calmar ratioReturn relative to maximum drawdown | 4.83 | 12.90 | -8.07 |
| Martin ratioReturn relative to average drawdown | 16.49 | 41.13 | -24.65 |
Loading charts...
Drawdowns
IBCG.DE vs. SEC0.DE - Drawdown Comparison
The maximum IBCG.DE drawdown since its inception was -34.79%, smaller than the maximum SEC0.DE drawdown of -39.35%. Use the drawdown chart below to compare losses from any high point for IBCG.DE and SEC0.DE.
Loading charts...
Drawdown Indicators
| IBCG.DE | SEC0.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -34.79% | -39.35% | +4.56% |
Max Drawdown (1Y)Largest decline over 1 year | -9.94% | -12.90% | +2.96% |
Max Drawdown (3Y)Largest decline over 3 years | -21.63% | -39.35% | +17.72% |
Max Drawdown (5Y)Largest decline over 5 years | -21.63% | — | — |
Max Drawdown (10Y)Largest decline over 10 years | -34.79% | — | — |
Current DrawdownCurrent decline from peak | -2.74% | -11.08% | +8.34% |
Average DrawdownAverage peak-to-trough decline | -8.32% | -11.74% | +3.42% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.92% | 4.04% | -1.12% |
Volatility
IBCG.DE vs. SEC0.DE - Volatility Comparison
The current volatility for iShares MSCI Japan EUR Hedged UCITS ETF (Acc) (IBCG.DE) is 6.70%, while iShares MSCI Global Semiconductors UCITS ETF USD (Acc) (SEC0.DE) has a volatility of 17.34%. This indicates that IBCG.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.
Loading charts...
Volatility by Period
| IBCG.DE | SEC0.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 6.70% | 17.34% | -10.64% |
Volatility (6M)Calculated over the trailing 6-month period | 15.91% | 29.82% | -13.91% |
Volatility (1Y)Calculated over the trailing 1-year period | 20.07% | 36.48% | -16.41% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 18.62% | 30.70% | -12.08% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 18.45% | 30.70% | -12.25% |
IBCG.DE vs. SEC0.DE - Expense Ratio Comparison
IBCG.DE has a 0.64% expense ratio, which is higher than SEC0.DE's 0.35% expense ratio.
Dividends
IBCG.DE vs. SEC0.DE - Dividend Comparison
Neither IBCG.DE nor SEC0.DE has paid dividends to shareholders.
Frequently Asked Questions
IBCG.DE and SEC0.DE have a correlation of 0.56, 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 0.64% for IBCG.DE.
IBCG.DE is categorized as Japan Equities, while SEC0.DE is Semiconductors. IBCG.DE tracks MSCI Japan Index (EUR Hedged), while SEC0.DE tracks MSCI ACWI IMI Semiconductors & Semiconductor Equipment ESG Screened Select Capped. Their fees differ too: 0.64% for IBCG.DE and 0.35% for SEC0.DE.
Find the right allocation for IBCG.DE and SEC0.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