IBCK.DE vs. MIVU.DE
IBCK.DE (iShares Edge S&P 500 Minimum Volatility UCITS ETF (Acc)) and MIVU.DE (Amundi MSCI USA Minimum Volatility Factor UCITS ETF) are both exchange-traded funds - IBCK.DE is a S&P 500 fund tracking the S&P 500 Minimum Volatility, while MIVU.DE is a Large Cap Blend Equities fund tracking the MSCI USA Minimum Volatility. Both are passively managed. Over the past 5 years, IBCK.DE returned 9.91%/yr vs 8.13%/yr for MIVU.DE. Their correlation of 0.93 suggests significant overlap in exposure. IBCK.DE charges 0.20%/yr vs 0.18%/yr for MIVU.DE.
Performance
IBCK.DE vs. MIVU.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 higher than MIVU.DE's 2.88% return.
IBCK.DE
- 1D
- 0.27%
- 1M
- 4.61%
- YTD
- 5.14%
- 6M
- 5.32%
- 1Y
- 9.77%
- 3Y*
- 10.94%
- 5Y*
- 9.91%
- 10Y*
- 10.32%
MIVU.DE
- 1D
- -0.26%
- 1M
- 3.60%
- YTD
- 2.88%
- 6M
- 2.79%
- 1Y
- 3.11%
- 3Y*
- 8.40%
- 5Y*
- 8.13%
- 10Y*
- —
IBCK.DE vs. MIVU.DE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | |
|---|---|---|---|---|---|---|---|---|---|
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% | -10.58% |
MIVU.DE Amundi MSCI USA Minimum Volatility Factor UCITS ETF | 2.88% | -3.87% | 22.89% | 5.36% | -4.28% | 31.88% | -5.36% | 30.00% | -5.89% |
Correlation
The correlation between IBCK.DE and MIVU.DE is 0.81, indicating a strong positive relationship between their price movements. Combining them offers limited diversification - they tend to fall together during downturns.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.81 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.88 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.92 |
Correlation (All Time) Calculated using the full available price history since Aug 22, 2018 | 0.93 |
The correlation between IBCK.DE and MIVU.DE shifts across timeframes, from 0.81 (1 year) to 0.93 (all time), reflecting how their relationship changes across market environments.
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Return for Risk
IBCK.DE vs. MIVU.DE — Risk / Return Rank
IBCK.DE
MIVU.DE
IBCK.DE vs. MIVU.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 Amundi MSCI USA Minimum Volatility Factor UCITS ETF (MIVU.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 | MIVU.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.79 | ||
| Sortino ratioReturn per unit of downside risk | +1.08 | ||
| Omega ratioGain probability vs. loss probability | 1.19 | 1.05 | +0.14 |
| Calmar ratioReturn relative to maximum drawdown | 1.83 | 0.52 | +1.30 |
| Martin ratioReturn relative to average drawdown | 5.31 | 1.15 | +4.15 |
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 | MIVU.DE | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.07 | 0.28 | +0.79 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.79 | 0.68 | +0.12 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.73 | — | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.88 | 0.60 | +0.29 |
Drawdowns
IBCK.DE vs. MIVU.DE - Drawdown Comparison
The maximum IBCK.DE drawdown since its inception was -33.11%, roughly equal to the maximum MIVU.DE drawdown of -32.69%. Use the drawdown chart below to compare losses from any high point for IBCK.DE and MIVU.DE.
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Drawdown Indicators
| IBCK.DE | MIVU.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -33.11% | -32.69% | -0.42% |
Max Drawdown (1Y)Largest decline over 1 year | -5.08% | -4.83% | -0.25% |
Max Drawdown (3Y)Largest decline over 3 years | -17.55% | -14.89% | -2.66% |
Max Drawdown (5Y)Largest decline over 5 years | -17.55% | -14.89% | -2.66% |
Max Drawdown (10Y)Largest decline over 10 years | -33.11% | — | — |
Current DrawdownCurrent decline from peak | -0.47% | -6.68% | +6.21% |
Average DrawdownAverage peak-to-trough decline | -4.50% | -6.16% | +1.66% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.75% | 2.20% | -0.45% |
Volatility
IBCK.DE vs. MIVU.DE - Volatility Comparison
The current volatility for iShares Edge S&P 500 Minimum Volatility UCITS ETF (Acc) (IBCK.DE) is 2.26%, while Amundi MSCI USA Minimum Volatility Factor UCITS ETF (MIVU.DE) has a volatility of 2.83%. This indicates that IBCK.DE experiences smaller price fluctuations and is considered to be less risky than MIVU.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 | MIVU.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 2.26% | 2.83% | -0.57% |
Volatility (6M)Calculated over the trailing 6-month period | 5.71% | 6.02% | -0.31% |
Volatility (1Y)Calculated over the trailing 1-year period | 8.73% | 8.94% | -0.21% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 12.37% | 11.89% | +0.48% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 14.02% | 13.97% | +0.05% |
IBCK.DE vs. MIVU.DE - Expense Ratio Comparison
IBCK.DE has a 0.20% expense ratio, which is higher than MIVU.DE's 0.18% expense ratio. However, both funds are considered low-cost compared to the broader market, where average expense ratios usually range from 0.3% to 0.9%.
Dividends
IBCK.DE vs. MIVU.DE - Dividend Comparison
Neither IBCK.DE nor MIVU.DE has paid dividends to shareholders.
Frequently Asked Questions
IBCK.DE and MIVU.DE have a correlation of 0.81, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, MIVU.DE is cheaper at 0.18% per year. The better choice depends on whether you care most about return, fees, risk, or income.
MIVU.DE is cheaper with a 0.18% expense ratio, compared with 0.20% for IBCK.DE.
IBCK.DE is categorized as S&P 500, while MIVU.DE is Large Cap Blend Equities. IBCK.DE tracks S&P 500 Minimum Volatility, while MIVU.DE tracks MSCI USA Minimum Volatility. They also come from different issuers: iShares and Amundi. Their fees differ too: 0.20% for IBCK.DE and 0.18% for MIVU.DE.
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