IBCK.DE vs. N1ES.DE
Compare and contrast key facts about iShares Edge S&P 500 Minimum Volatility UCITS ETF (Acc) (IBCK.DE) and Invesco Nasdaq-100 ESG UCITS ETF Acc (N1ES.DE).
IBCK.DE and N1ES.DE are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. IBCK.DE is a passively managed fund by iShares that tracks the performance of the S&P 500 Minimum Volatility. It was launched on Nov 30, 2012. N1ES.DE is a passively managed fund by Invesco that tracks the performance of the Nasdaq 100® ESG. It was launched on Oct 25, 2021. Both IBCK.DE and N1ES.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: IBCK.DE or N1ES.DE.
Key characteristics
| IBCK.DE | N1ES.DE | |
|---|---|---|
| YTD Return | 26.24% | 29.75% |
| 1Y Return | 30.59% | 38.10% |
| 3Y Return (Ann) | 10.51% | 13.25% |
| Sharpe Ratio | 3.06 | 2.09 |
| Sortino Ratio | 4.35 | 2.77 |
| Omega Ratio | 1.61 | 1.38 |
| Calmar Ratio | 3.41 | 2.57 |
| Martin Ratio | 23.86 | 8.34 |
| Ulcer Index | 1.24% | 4.32% |
| Daily Std Dev | 9.61% | 17.17% |
| Max Drawdown | -33.11% | -33.10% |
| Current Drawdown | 0.00% | 0.00% |
Correlation
The correlation between IBCK.DE and N1ES.DE is 0.74, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.
Performance
IBCK.DE vs. N1ES.DE - Performance Comparison
In the year-to-date period, IBCK.DE achieves a 26.24% return, which is significantly lower than N1ES.DE's 29.75% return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
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IBCK.DE vs. N1ES.DE - Expense Ratio Comparison
IBCK.DE has a 0.20% expense ratio, which is lower than N1ES.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
IBCK.DE vs. N1ES.DE - Risk-Adjusted Performance 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 Invesco Nasdaq-100 ESG UCITS ETF Acc (N1ES.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
IBCK.DE vs. N1ES.DE - Dividend Comparison
Neither IBCK.DE nor N1ES.DE has paid dividends to shareholders.
Drawdowns
IBCK.DE vs. N1ES.DE - Drawdown Comparison
The maximum IBCK.DE drawdown since its inception was -33.11%, roughly equal to the maximum N1ES.DE drawdown of -33.10%. Use the drawdown chart below to compare losses from any high point for IBCK.DE and N1ES.DE. For additional features, visit the drawdowns tool.
Volatility
IBCK.DE vs. N1ES.DE - Volatility Comparison
The current volatility for iShares Edge S&P 500 Minimum Volatility UCITS ETF (Acc) (IBCK.DE) is 2.84%, while Invesco Nasdaq-100 ESG UCITS ETF Acc (N1ES.DE) has a volatility of 4.78%. This indicates that IBCK.DE experiences smaller price fluctuations and is considered to be less risky than N1ES.DE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.