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IBCK.DE vs. ^GSPC
Performance
Return for Risk
Drawdowns
Volatility

IBCK.DE vs. ^GSPC

Last updated Jul 25, 2026
Documentation

IBCK.DE (iShares Edge S&P 500 Minimum Volatility UCITS ETF (Acc)) is S&P 500 fund tracking the S&P 500 Minimum Volatility, while ^GSPC (S&P 500 Index) is an index. Over the past 10 years, IBCK.DE returned 9.54%/yr vs 12.68%/yr for ^GSPC. Their 0.56 correlation means they have sometimes moved together and sometimes differently.

Performance

IBCK.DE vs. ^GSPC - Performance Comparison

The chart below illustrates the hypothetical performance of a €10,000 investment in iShares Edge S&P 500 Minimum Volatility UCITS ETF (Acc) (IBCK.DE) and S&P 500 Index (^GSPC). The values are adjusted to include any dividend payments, if applicable.

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Different Trading Currencies

IBCK.DE is traded in EUR, while ^GSPC is traded in USD. To make them comparable, the ^GSPC values have been converted to EUR using the latest available exchange rates.

Returns By Period

In the year-to-date period, IBCK.DE achieves a 7.21% return, which is significantly lower than ^GSPC's 11.85% return. Over the past 10 years, IBCK.DE has underperformed ^GSPC with an annualized return of 9.54%, while ^GSPC has yielded a comparatively higher 12.68% annualized return.

IBCK.DE

1D
0.57%
1M
1.23%
6M
8.18%
YTD
7.21%
1Y
11.79%
3Y*
11.00%
5Y*
8.80%
10Y*
9.54%
ALL TIME*
10.67%

^GSPC

1D
0.11%
1M
0.90%
6M
11.49%
YTD
11.85%
1Y
19.77%
3Y*
16.42%
5Y*
11.71%
10Y*
12.68%
ALL TIME*
10.15%
*Multi-year figures are annualized to reflect compound growth (CAGR)

Liquidity Comparison

PositionAvg. Volume Value (2W)Avg. Volume Value (1M)Avg. Volume Value (3M)

^GSPC

S&P 500 Index
€32.29T€34.48T€35.61T

IBCK.DE

iShares Edge S&P 500 Minimum Volatility UCITS ETF (Acc)
€320.46K€248.47K€248.89K

IBCK.DE vs. ^GSPC - Yearly Performance Comparison

2026 (YTD)202520242023202220212020201920182017
IBCK.DE
iShares Edge S&P 500 Minimum Volatility UCITS ETF (Acc)		7.21%-0.69%25.61%6.20%-6.04%35.73%-2.18%34.86%-1.49%2.29%
^GSPC
S&P 500 Index		11.85%2.58%31.45%20.51%-14.45%36.38%6.68%31.79%-1.84%4.74%

Correlation

The correlation between IBCK.DE and ^GSPC is 0.47, which is low. Their historical price movements had little consistent relationship.

Correlation
Correlation (1Y)
Focuses on recent behavior, but can change the most.

0.47

Correlation (3Y)
Balances recent behavior with more history.

0.46

Correlation (5Y)
Shows whether the relationship held over a longer period.

0.48

Correlation (10Y)
Provides a long-term view across more market conditions.

0.54

Correlation (All Time)
Calculated using the full available price history since Nov 30, 2012

0.56

The correlation between IBCK.DE and ^GSPC has been stable across timeframes, ranging from 0.46 to 0.56 - 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.

iShares Edge S&P 500 Minimum Volatility UCITS ETF (Acc)

S&P 500 Index

Often compared with IBCK.DE:
IBCK.DE vs. EUNZ.DEIBCK.DE vs. IQQ0.DEIBCK.DE vs. N1ES.DEIBCK.DE vs. EXH4.DEIBCK.DE vs. FXIIBCK.DE vs. BRK-BIBCK.DE vs. SWDA.L
Often compared with ^GSPC:
^GSPC vs. ^IBEX^GSPC vs. AVGO^GSPC vs. SCHD^GSPC vs. QQQ^GSPC vs. GC=F^GSPC vs. TSMU^GSPC vs. ACWI

Return for Risk

IBCK.DE vs. ^GSPC — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.
IBCK.DE
IBCK.DE Risk / Return Rank: 6363
Overall Rank
IBCK.DE Sharpe Ratio Rank: 6363
Sharpe Ratio Rank
IBCK.DE Sortino Ratio Rank: 6060
Sortino Ratio Rank
IBCK.DE Omega Ratio Rank: 6262
Omega Ratio Rank
IBCK.DE Calmar Ratio Rank: 6868
Calmar Ratio Rank
IBCK.DE Martin Ratio Rank: 6262
Martin Ratio Rank
^GSPC
^GSPC Risk / Return Rank: 6464
Overall Rank
^GSPC Sharpe Ratio Rank: 6262
Sharpe Ratio Rank
^GSPC Sortino Ratio Rank: 6060
Sortino Ratio Rank
^GSPC Omega Ratio Rank: 6464
Omega Ratio Rank
^GSPC Calmar Ratio Rank: 5858
Calmar Ratio Rank
^GSPC Martin Ratio Rank: 7777
Martin Ratio Rank
The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

IBCK.DE vs. ^GSPC - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for iShares Edge S&P 500 Minimum Volatility UCITS ETF (Acc) (IBCK.DE) and S&P 500 Index (^GSPC). 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.

IBCK.DE^GSPCDifference
Sharpe ratioReturn per unit of total volatility
1.46
1.61

-0.16

Sortino ratioReturn per unit of downside risk
2.02
2.13

-0.11

Omega ratioGain probability vs. loss probability

1.26

1.30

-0.03

Calmar ratioReturn relative to maximum drawdown

2.41

2.70

-0.29

Martin ratioReturn relative to average drawdown

7.42

9.90

-2.48

IBCK.DE vs. ^GSPC - Sharpe Ratio Comparison

The current IBCK.DE Sharpe Ratio is 1.46, which is comparable to the ^GSPC Sharpe Ratio of 1.61. The chart below compares the historical Sharpe Ratios of IBCK.DE and ^GSPC, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

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Drawdowns

IBCK.DE vs. ^GSPC - Drawdown Comparison

The maximum IBCK.DE drawdown since its inception was -33.12%, smaller than the maximum ^GSPC drawdown of -49.83%. Use the drawdown chart below to compare losses from any high point for IBCK.DE and ^GSPC.

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Drawdown Indicators

IBCK.DE^GSPCDifference

Max Drawdown

Largest peak-to-trough decline

-33.12%

-49.83%

+16.71%

Max Drawdown (1Y)

Largest decline over 1 year

-5.08%

-7.57%

+2.49%

Max Drawdown (3Y)

Largest decline over 3 years

-17.55%

-23.99%

+6.44%

Max Drawdown (5Y)

Largest decline over 5 years

-17.55%

-23.99%

+6.44%

Max Drawdown (10Y)

Largest decline over 10 years

-33.12%

-33.42%

+0.30%

Current Drawdown

Current decline from peak

-0.81%

-1.77%

+0.96%

Average Drawdown

Average peak-to-trough decline

-6.49%

-8.38%

+1.89%

Ulcer Index

Depth and duration of drawdowns from previous peaks

1.65%

2.06%

-0.41%

Volatility

IBCK.DE vs. ^GSPC - Volatility Comparison

The current volatility for iShares Edge S&P 500 Minimum Volatility UCITS ETF (Acc) (IBCK.DE) is 2.02%, while S&P 500 Index (^GSPC) has a volatility of 2.54%. This indicates that IBCK.DE experiences smaller price fluctuations and is considered to be less risky than ^GSPC based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

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Volatility by Period

IBCK.DE^GSPCDifference

Volatility (1M)

Calculated over the trailing 1-month period

2.02%

2.54%

-0.52%

Volatility (6M)

Calculated over the trailing 6-month period

5.53%

8.61%

-3.08%

Volatility (1Y)

Calculated over the trailing 1-year period

8.42%

12.66%

-4.24%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

12.34%

16.82%

-4.48%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

13.97%

18.60%

-4.63%

Frequently Asked Questions

IBCK.DE and ^GSPC have a correlation of 0.47, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

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