IBCK.DE vs. EXH4.DE
IBCK.DE (iShares Edge S&P 500 Minimum Volatility UCITS ETF (Acc)) and EXH4.DE (iShares STOXX Europe 600 Industrial Goods & Services UCITS ETF (DE)) are both exchange-traded funds - IBCK.DE is a S&P 500 fund tracking the S&P 500 Minimum Volatility, while EXH4.DE is a Industrials Equities fund tracking the STOXX® Europe 600 Industrial Goods & Services. Both are passively managed. Over the past 10 years, IBCK.DE returned 10.32%/yr vs 12.08%/yr for EXH4.DE. A 0.56 correlation means they provide meaningful diversification when combined. IBCK.DE charges 0.20%/yr vs 0.46%/yr for EXH4.DE.
Performance
IBCK.DE vs. EXH4.DE - Performance Comparison
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Returns By Period
In the year-to-date period, IBCK.DE achieves a 5.14% return, which is significantly lower than EXH4.DE's 8.61% return. Over the past 10 years, IBCK.DE has underperformed EXH4.DE with an annualized return of 10.32%, while EXH4.DE has yielded a comparatively higher 12.08% annualized return.
IBCK.DE
- 1D
- 0.27%
- 1M
- 4.51%
- YTD
- 5.14%
- 6M
- 5.73%
- 1Y
- 9.44%
- 3Y*
- 10.94%
- 5Y*
- 9.91%
- 10Y*
- 10.32%
EXH4.DE
- 1D
- 0.57%
- 1M
- 1.72%
- YTD
- 8.61%
- 6M
- 10.71%
- 1Y
- 14.50%
- 3Y*
- 17.96%
- 5Y*
- 11.25%
- 10Y*
- 12.08%
IBCK.DE vs. EXH4.DE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
IBCK.DE iShares Edge S&P 500 Minimum Volatility UCITS ETF (Acc) | 5.14% | -0.69% | 25.61% | 6.20% | -6.04% | 35.73% | -2.18% | 34.85% | -1.47% | 2.29% |
EXH4.DE iShares STOXX Europe 600 Industrial Goods & Services UCITS ETF (DE) | 8.61% | 23.72% | 14.66% | 23.26% | -18.58% | 27.14% | 5.60% | 36.93% | -13.73% | 16.86% |
Correlation
The correlation between IBCK.DE and EXH4.DE is 0.41, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.41 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.42 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.48 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.54 |
Correlation (All Time) Calculated using the full available price history since Feb 20, 2013 | 0.56 |
The correlation between IBCK.DE and EXH4.DE shifts across timeframes, from 0.41 (1 year) to 0.56 (all time), reflecting how their relationship changes across market environments.
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Return for Risk
IBCK.DE vs. EXH4.DE — Risk / Return Rank
IBCK.DE
EXH4.DE
IBCK.DE vs. EXH4.DE - 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 iShares STOXX Europe 600 Industrial Goods & Services UCITS ETF (DE) (EXH4.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.
| IBCK.DE | EXH4.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.34 | ||
| Sortino ratioReturn per unit of downside risk | +0.33 | ||
| Omega ratioGain probability vs. loss probability | 1.19 | 1.15 | +0.05 |
| Calmar ratioReturn relative to maximum drawdown | 1.83 | 1.09 | +0.74 |
| Martin ratioReturn relative to average drawdown | 5.31 | 3.91 | +1.40 |
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
| IBCK.DE | EXH4.DE | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.07 | 0.73 | +0.34 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.79 | 0.57 | +0.23 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.73 | 0.60 | +0.13 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.88 | 0.47 | +0.41 |
Drawdowns
IBCK.DE vs. EXH4.DE - Drawdown Comparison
The maximum IBCK.DE drawdown since its inception was -33.11%, smaller than the maximum EXH4.DE drawdown of -60.02%. Use the drawdown chart below to compare losses from any high point for IBCK.DE and EXH4.DE.
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Drawdown Indicators
| IBCK.DE | EXH4.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -33.11% | -60.02% | +26.91% |
Max Drawdown (1Y)Largest decline over 1 year | -5.08% | -13.28% | +8.20% |
Max Drawdown (3Y)Largest decline over 3 years | -17.55% | -19.33% | +1.78% |
Max Drawdown (5Y)Largest decline over 5 years | -17.55% | -31.07% | +13.52% |
Max Drawdown (10Y)Largest decline over 10 years | -33.11% | -41.94% | +8.83% |
Current DrawdownCurrent decline from peak | -0.47% | -1.40% | +0.93% |
Average DrawdownAverage peak-to-trough decline | -4.50% | -9.81% | +5.31% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.75% | 3.69% | -1.94% |
Volatility
IBCK.DE vs. EXH4.DE - Volatility Comparison
The current volatility for iShares Edge S&P 500 Minimum Volatility UCITS ETF (Acc) (IBCK.DE) is 2.26%, while iShares STOXX Europe 600 Industrial Goods & Services UCITS ETF (DE) (EXH4.DE) has a volatility of 6.36%. This indicates that IBCK.DE experiences smaller price fluctuations and is considered to be less risky than EXH4.DE 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 | EXH4.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 2.26% | 6.36% | -4.10% |
Volatility (6M)Calculated over the trailing 6-month period | 5.71% | 16.56% | -10.85% |
Volatility (1Y)Calculated over the trailing 1-year period | 8.73% | 19.71% | -10.98% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 12.37% | 19.66% | -7.29% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 14.02% | 19.93% | -5.91% |
IBCK.DE vs. EXH4.DE - Expense Ratio Comparison
IBCK.DE has a 0.20% expense ratio, which is lower than EXH4.DE's 0.46% expense ratio.
Dividends
IBCK.DE vs. EXH4.DE - Dividend Comparison
IBCK.DE has not paid dividends to shareholders, while EXH4.DE's dividend yield for the trailing twelve months is around 1.18%.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
EXH4.DE iShares STOXX Europe 600 Industrial Goods & Services UCITS ETF (DE) | 1.18% | 1.31% | 1.51% | 1.72% | 1.68% | 1.08% | 0.85% | 1.69% | 1.67% | 2.38% | 2.10% | 2.79% |
IBCK.DE iShares Edge S&P 500 Minimum Volatility 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
IBCK.DE and EXH4.DE have a correlation of 0.41, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, IBCK.DE is cheaper at 0.20% per year. The better choice depends on whether you care most about return, fees, risk, or income.
IBCK.DE is cheaper with a 0.20% expense ratio, compared with 0.46% for EXH4.DE.
IBCK.DE is categorized as S&P 500, while EXH4.DE is Industrials Equities. IBCK.DE tracks S&P 500 Minimum Volatility, while EXH4.DE tracks STOXX® Europe 600 Industrial Goods & Services. Their fees differ too: 0.20% for IBCK.DE and 0.46% for EXH4.DE.
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