IBCY.DE vs. IUSQ.DE
IBCY.DE (iShares Edge MSCI USA Multifactor UCITS ETF) and IUSQ.DE (iShares MSCI ACWI UCITS ETF (Acc)) are both exchange-traded funds - IBCY.DE is a Large Cap Blend Equities fund tracking the MSCI USA Diversified Multiple-Factor, while IUSQ.DE is a Global Equities fund tracking the MSCI All Country World (ACWI). Both are passively managed. Over the past 10 years, IBCY.DE returned 11.22%/yr vs 12.38%/yr for IUSQ.DE. Their correlation of 0.90 suggests significant overlap in exposure. IBCY.DE charges 0.35%/yr vs 0.20%/yr for IUSQ.DE.
Performance
IBCY.DE vs. IUSQ.DE - Performance Comparison
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Returns By Period
Over the past 10 years, IBCY.DE has underperformed IUSQ.DE with an annualized return of 11.22%, while IUSQ.DE has yielded a comparatively higher 12.38% 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%
IUSQ.DE
- 1D
- -0.23%
- 1M
- 3.68%
- YTD
- 12.65%
- 6M
- 12.87%
- 1Y
- 26.39%
- 3Y*
- 17.93%
- 5Y*
- 12.42%
- 10Y*
- 12.38%
IBCY.DE vs. IUSQ.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% |
IUSQ.DE iShares MSCI ACWI UCITS ETF (Acc) | 12.65% | 9.02% | 24.53% | 18.57% | -13.58% | 29.13% | 4.94% | 30.14% | -5.97% | 9.14% |
Correlation
The correlation between IBCY.DE and IUSQ.DE is 0.51, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.51 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.79 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.86 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.89 |
Correlation (All Time) Calculated using the full available price history since Sep 10, 2015 | 0.90 |
Over the past year, the correlation between IBCY.DE and IUSQ.DE has dropped to 0.51 - well below their long-term average of 0.90, suggesting their price drivers have been diverging.
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Return for Risk
IBCY.DE vs. IUSQ.DE — Risk / Return Rank
IBCY.DE
IUSQ.DE
IBCY.DE vs. IUSQ.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 MSCI ACWI UCITS ETF (Acc) (IUSQ.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 | IUSQ.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.60 | ||
| Sortino ratioReturn per unit of downside risk | -0.79 | ||
| Omega ratioGain probability vs. loss probability | 1.56 | 1.43 | +0.13 |
| Calmar ratioReturn relative to maximum drawdown | 4.08 | 4.08 | 0.00 |
| Martin ratioReturn relative to average drawdown | 19.99 | 16.69 | +3.29 |
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 | IUSQ.DE | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.70 | 2.31 | -0.60 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.69 | 0.88 | -0.19 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.69 | 0.82 | -0.13 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.63 | 0.76 | -0.13 |
Drawdowns
IBCY.DE vs. IUSQ.DE - Drawdown Comparison
The maximum IBCY.DE drawdown since its inception was -35.54%, which is greater than IUSQ.DE's maximum drawdown of -33.60%. Use the drawdown chart below to compare losses from any high point for IBCY.DE and IUSQ.DE.
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Drawdown Indicators
| IBCY.DE | IUSQ.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -35.54% | -33.60% | -1.94% |
Max Drawdown (1Y)Largest decline over 1 year | -3.26% | -6.48% | +3.22% |
Max Drawdown (3Y)Largest decline over 3 years | -22.91% | -21.25% | -1.66% |
Max Drawdown (5Y)Largest decline over 5 years | -22.91% | -21.25% | -1.66% |
Max Drawdown (10Y)Largest decline over 10 years | -35.54% | -33.60% | -1.94% |
Current DrawdownCurrent decline from peak | 0.00% | -0.55% | +0.55% |
Average DrawdownAverage peak-to-trough decline | -4.95% | -4.19% | -0.76% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 0.67% | 1.59% | -0.92% |
Volatility
IBCY.DE vs. IUSQ.DE - Volatility Comparison
The current volatility for iShares Edge MSCI USA Multifactor UCITS ETF (IBCY.DE) is 0.00%, while iShares MSCI ACWI UCITS ETF (Acc) (IUSQ.DE) has a volatility of 3.03%. This indicates that IBCY.DE experiences smaller price fluctuations and is considered to be less risky than IUSQ.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 | IUSQ.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 0.00% | 3.03% | -3.03% |
Volatility (6M)Calculated over the trailing 6-month period | 0.00% | 8.26% | -8.26% |
Volatility (1Y)Calculated over the trailing 1-year period | 7.99% | 11.47% | -3.48% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 14.77% | 13.94% | +0.83% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 16.12% | 15.02% | +1.10% |
IBCY.DE vs. IUSQ.DE - Expense Ratio Comparison
IBCY.DE has a 0.35% expense ratio, which is higher than IUSQ.DE's 0.20% expense ratio.
Dividends
IBCY.DE vs. IUSQ.DE - Dividend Comparison
Neither IBCY.DE nor IUSQ.DE has paid dividends to shareholders.
Frequently Asked Questions
IBCY.DE and IUSQ.DE have a correlation of 0.51, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, IUSQ.DE is cheaper at 0.20% per year. The better choice depends on whether you care most about return, fees, risk, or income.
IUSQ.DE is cheaper with a 0.20% expense ratio, compared with 0.35% for IBCY.DE.
IBCY.DE is categorized as Large Cap Blend Equities, while IUSQ.DE is Global Equities. IBCY.DE tracks MSCI USA Diversified Multiple-Factor, while IUSQ.DE tracks MSCI All Country World (ACWI). Their fees differ too: 0.35% for IBCY.DE and 0.20% for IUSQ.DE.
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