IBCY.DE vs. ISPA.DE
IBCY.DE (iShares Edge MSCI USA Multifactor UCITS ETF) and ISPA.DE (iShares STOXX Global Select Dividend 100 UCITS ETF (DE)) are both exchange-traded funds - IBCY.DE is a Large Cap Blend Equities fund tracking the MSCI USA Diversified Multiple-Factor, while ISPA.DE is a Global Equities fund tracking the STOXX® Global Select Dividend 100 index. Both are passively managed. Over the past 10 years, IBCY.DE returned 11.22%/yr vs 8.98%/yr for ISPA.DE. A 0.71 correlation means they provide meaningful diversification when combined. IBCY.DE charges 0.35%/yr vs 0.46%/yr for ISPA.DE.
Performance
IBCY.DE vs. ISPA.DE - Performance Comparison
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Returns By Period
Over the past 10 years, IBCY.DE has outperformed ISPA.DE with an annualized return of 11.22%, while ISPA.DE has yielded a comparatively lower 8.98% annualized return.
IBCY.DE
- 1D
- 0.00%
- 1M
- 0.00%
- YTD
- 0.00%
- 6M
- 0.00%
- 1Y
- 13.22%
- 3Y*
- 13.97%
- 5Y*
- 10.27%
- 10Y*
- 11.22%
ISPA.DE
- 1D
- 0.49%
- 1M
- 1.28%
- YTD
- 13.48%
- 6M
- 15.35%
- 1Y
- 29.45%
- 3Y*
- 18.65%
- 5Y*
- 11.00%
- 10Y*
- 8.98%
IBCY.DE vs. ISPA.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% |
ISPA.DE iShares STOXX Global Select Dividend 100 UCITS ETF (DE) | 13.48% | 19.72% | 12.97% | 4.80% | 0.43% | 22.39% | -9.12% | 24.24% | -7.51% | 2.97% |
Correlation
The correlation between IBCY.DE and ISPA.DE is 0.30, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.30 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.46 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.61 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.70 |
Correlation (All Time) Calculated using the full available price history since Sep 10, 2015 | 0.71 |
Over the past year, the correlation between IBCY.DE and ISPA.DE has dropped to 0.30 - well below their long-term average of 0.71, suggesting their price drivers have been diverging.
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Return for Risk
IBCY.DE vs. ISPA.DE — Risk / Return Rank
IBCY.DE
ISPA.DE
IBCY.DE vs. ISPA.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 iShares STOXX Global Select Dividend 100 UCITS ETF (DE) (ISPA.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 | ISPA.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -1.65 | ||
| Sortino ratioReturn per unit of downside risk | -2.25 | ||
| Omega ratioGain probability vs. loss probability | 1.56 | 1.62 | -0.05 |
| Calmar ratioReturn relative to maximum drawdown | 4.08 | 8.10 | -4.02 |
| Martin ratioReturn relative to average drawdown | 19.99 | 28.73 | -8.74 |
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 | ISPA.DE | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.70 | 3.35 | -1.65 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.69 | 0.91 | -0.22 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.69 | 0.60 | +0.09 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.63 | 0.68 | -0.04 |
Drawdowns
IBCY.DE vs. ISPA.DE - Drawdown Comparison
The maximum IBCY.DE drawdown since its inception was -35.54%, smaller than the maximum ISPA.DE drawdown of -38.91%. Use the drawdown chart below to compare losses from any high point for IBCY.DE and ISPA.DE.
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Drawdown Indicators
| IBCY.DE | ISPA.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -35.54% | -38.91% | +3.37% |
Max Drawdown (1Y)Largest decline over 1 year | -3.26% | -3.63% | +0.37% |
Max Drawdown (3Y)Largest decline over 3 years | -22.91% | -15.10% | -7.81% |
Max Drawdown (5Y)Largest decline over 5 years | -22.91% | -15.10% | -7.81% |
Max Drawdown (10Y)Largest decline over 10 years | -35.54% | -38.91% | +3.37% |
Current DrawdownCurrent decline from peak | 0.00% | -1.09% | +1.09% |
Average DrawdownAverage peak-to-trough decline | -4.95% | -4.46% | -0.49% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 0.67% | 1.03% | -0.36% |
Volatility
IBCY.DE vs. ISPA.DE - Volatility Comparison
The current volatility for iShares Edge MSCI USA Multifactor UCITS ETF (IBCY.DE) is 0.00%, while iShares STOXX Global Select Dividend 100 UCITS ETF (DE) (ISPA.DE) has a volatility of 2.62%. This indicates that IBCY.DE experiences smaller price fluctuations and is considered to be less risky than ISPA.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 | ISPA.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 0.00% | 2.62% | -2.62% |
Volatility (6M)Calculated over the trailing 6-month period | 0.00% | 6.51% | -6.51% |
Volatility (1Y)Calculated over the trailing 1-year period | 7.99% | 8.77% | -0.78% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 14.77% | 12.00% | +2.77% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 16.12% | 14.79% | +1.33% |
IBCY.DE vs. ISPA.DE - Expense Ratio Comparison
IBCY.DE has a 0.35% expense ratio, which is lower than ISPA.DE's 0.46% expense ratio.
Dividends
IBCY.DE vs. ISPA.DE - Dividend Comparison
IBCY.DE has not paid dividends to shareholders, while ISPA.DE's dividend yield for the trailing twelve months is around 3.75%.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
IBCY.DE iShares Edge MSCI USA Multifactor UCITS ETF | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
ISPA.DE iShares STOXX Global Select Dividend 100 UCITS ETF (DE) | 3.75% | 4.52% | 4.89% | 5.91% | 6.92% | 3.32% | 4.04% | 4.02% | 3.37% | 5.66% | 3.64% | 4.35% |
Frequently Asked Questions
IBCY.DE and ISPA.DE have a correlation of 0.30, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, IBCY.DE is cheaper at 0.35% per year. The better choice depends on whether you care most about return, fees, risk, or income.
IBCY.DE is cheaper with a 0.35% expense ratio, compared with 0.46% for ISPA.DE.
IBCY.DE is categorized as Large Cap Blend Equities, while ISPA.DE is Global Equities. IBCY.DE tracks MSCI USA Diversified Multiple-Factor, while ISPA.DE tracks STOXX® Global Select Dividend 100 index. Their fees differ too: 0.35% for IBCY.DE and 0.46% for ISPA.DE.
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