IBCY.DE vs. ACU2.DE
IBCY.DE (iShares Edge MSCI USA Multifactor UCITS ETF) and ACU2.DE (Amundi PEA MSCI USA ESG Leaders UCITS ETF EUR) are both Large Cap Blend Equities funds - IBCY.DE tracks the MSCI USA Diversified Multiple-Factor while ACU2.DE tracks the MSCI USA ESG Leaders Select 5% Issuer Capped. Both are passively managed. Over the past 10 years, IBCY.DE returned 11.22%/yr vs 14.18%/yr for ACU2.DE. Their correlation of 0.92 suggests significant overlap in exposure. Both charge a 0.35% expense ratio.
Performance
IBCY.DE vs. ACU2.DE - Performance Comparison
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Returns By Period
Over the past 10 years, IBCY.DE has underperformed ACU2.DE with an annualized return of 11.22%, while ACU2.DE has yielded a comparatively higher 14.18% annualized return.
IBCY.DE
- 1D
- 0.00%
- 1M
- 0.00%
- YTD
- 0.00%
- 6M
- 0.00%
- 1Y
- 13.35%
- 3Y*
- 13.97%
- 5Y*
- 10.27%
- 10Y*
- 11.22%
ACU2.DE
- 1D
- 0.31%
- 1M
- 6.00%
- YTD
- 13.23%
- 6M
- 13.20%
- 1Y
- 25.76%
- 3Y*
- 16.67%
- 5Y*
- 12.95%
- 10Y*
- 14.18%
IBCY.DE vs. ACU2.DE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
IBCY.DE iShares Edge MSCI USA Multifactor UCITS ETF | 0.00% | 6.35% | 29.21% | 13.73% | -11.70% | 36.60% | 0.17% | 28.63% | -6.73% | 6.21% |
ACU2.DE Amundi PEA MSCI USA ESG Leaders UCITS ETF EUR | 13.23% | 1.61% | 26.66% | 22.75% | -15.77% | 38.66% | 9.40% | 34.49% | -1.28% | 6.75% |
Correlation
The correlation between IBCY.DE and ACU2.DE is 0.45, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.45 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.80 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.87 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.91 |
Correlation (All Time) Calculated using the full available price history since Sep 10, 2015 | 0.92 |
Over the past year, the correlation between IBCY.DE and ACU2.DE has dropped to 0.45 - well below their long-term average of 0.92, suggesting their price drivers have been diverging.
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Return for Risk
IBCY.DE vs. ACU2.DE — Risk / Return Rank
IBCY.DE
ACU2.DE
IBCY.DE vs. ACU2.DE - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for iShares Edge MSCI USA Multifactor UCITS ETF (IBCY.DE) and Amundi PEA MSCI USA ESG Leaders UCITS ETF EUR (ACU2.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.
| IBCY.DE | ACU2.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.29 | ||
| Sortino ratioReturn per unit of downside risk | -0.34 | ||
| Omega ratioGain probability vs. loss probability | 1.56 | 1.36 | +0.21 |
| Calmar ratioReturn relative to maximum drawdown | 4.08 | 2.56 | +1.52 |
| Martin ratioReturn relative to average drawdown | 19.99 | 8.85 | +11.14 |
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
| IBCY.DE | ACU2.DE | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.70 | 2.00 | -0.29 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.69 | 0.83 | -0.14 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.69 | 0.87 | -0.18 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.63 | 0.90 | -0.27 |
Drawdowns
IBCY.DE vs. ACU2.DE - Drawdown Comparison
The maximum IBCY.DE drawdown since its inception was -35.54%, roughly equal to the maximum ACU2.DE drawdown of -34.31%. Use the drawdown chart below to compare losses from any high point for IBCY.DE and ACU2.DE.
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Drawdown Indicators
| IBCY.DE | ACU2.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -35.54% | -34.31% | -1.23% |
Max Drawdown (1Y)Largest decline over 1 year | -3.26% | -9.95% | +6.69% |
Max Drawdown (3Y)Largest decline over 3 years | -22.91% | -23.98% | +1.07% |
Max Drawdown (5Y)Largest decline over 5 years | -22.91% | -23.98% | +1.07% |
Max Drawdown (10Y)Largest decline over 10 years | -35.54% | -34.31% | -1.23% |
Current DrawdownCurrent decline from peak | 0.00% | 0.00% | 0.00% |
Average DrawdownAverage peak-to-trough decline | -4.95% | -4.32% | -0.63% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 0.67% | 2.88% | -2.21% |
Volatility
IBCY.DE vs. ACU2.DE - Volatility Comparison
The current volatility for iShares Edge MSCI USA Multifactor UCITS ETF (IBCY.DE) is 0.00%, while Amundi PEA MSCI USA ESG Leaders UCITS ETF EUR (ACU2.DE) has a volatility of 3.21%. This indicates that IBCY.DE experiences smaller price fluctuations and is considered to be less risky than ACU2.DE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| IBCY.DE | ACU2.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 0.00% | 3.21% | -3.21% |
Volatility (6M)Calculated over the trailing 6-month period | 0.00% | 8.92% | -8.92% |
Volatility (1Y)Calculated over the trailing 1-year period | 7.99% | 12.76% | -4.77% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 14.77% | 15.47% | -0.70% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 16.12% | 16.24% | -0.12% |
IBCY.DE vs. ACU2.DE - Expense Ratio Comparison
Both IBCY.DE and ACU2.DE have an expense ratio of 0.35%.
Dividends
IBCY.DE vs. ACU2.DE - Dividend Comparison
Neither IBCY.DE nor ACU2.DE has paid dividends to shareholders.
Frequently Asked Questions
IBCY.DE and ACU2.DE have a correlation of 0.45, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
Both ETFs have the same 0.35% expense ratio. The better choice depends on whether you care most about return, fees, risk, or income.
IBCY.DE and ACU2.DE have the same expense ratio: 0.35% per year.
IBCY.DE tracks MSCI USA Diversified Multiple-Factor, while ACU2.DE tracks MSCI USA ESG Leaders Select 5% Issuer Capped. They also come from different issuers: iShares and Amundi.
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