IBCY.DE vs. SXR8.DE
IBCY.DE (iShares Edge MSCI USA Multifactor UCITS ETF) and SXR8.DE (iShares Core S&P 500 UCITS ETF USD (Acc)) are both exchange-traded funds - IBCY.DE is a Large Cap Blend Equities fund tracking the MSCI USA Diversified Multiple-Factor, while SXR8.DE is a S&P 500 fund tracking the S&P 500 Index. Both are passively managed. Over the past 10 years, IBCY.DE returned 11.22%/yr vs 14.95%/yr for SXR8.DE. Their correlation of 0.93 suggests significant overlap in exposure. IBCY.DE charges 0.35%/yr vs 0.07%/yr for SXR8.DE.
Performance
IBCY.DE vs. SXR8.DE - Performance Comparison
Loading charts...
Returns By Period
Over the past 10 years, IBCY.DE has underperformed SXR8.DE with an annualized return of 11.22%, while SXR8.DE has yielded a comparatively higher 14.95% 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%
SXR8.DE
- 1D
- -0.15%
- 1M
- 4.36%
- YTD
- 11.37%
- 6M
- 10.83%
- 1Y
- 25.54%
- 3Y*
- 18.87%
- 5Y*
- 14.77%
- 10Y*
- 14.95%
IBCY.DE vs. SXR8.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% |
SXR8.DE iShares Core S&P 500 UCITS ETF USD (Acc) | 11.37% | 4.73% | 32.32% | 22.47% | -14.31% | 40.74% | 6.80% | 34.49% | -1.05% | 6.67% |
Correlation
The correlation between IBCY.DE and SXR8.DE is 0.55, 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 | 0.55 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.84 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.89 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.92 |
Correlation (All Time) Calculated using the full available price history since Sep 10, 2015 | 0.93 |
Over the past year, the correlation between IBCY.DE and SXR8.DE has dropped to 0.55 - well below their long-term average of 0.93, suggesting their price drivers have been diverging.
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Return for Risk
IBCY.DE vs. SXR8.DE — Risk / Return Rank
IBCY.DE
SXR8.DE
IBCY.DE vs. SXR8.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 Core S&P 500 UCITS ETF USD (Acc) (SXR8.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 | SXR8.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.50 | ||
| Sortino ratioReturn per unit of downside risk | -0.58 | ||
| Omega ratioGain probability vs. loss probability | 1.56 | 1.41 | +0.15 |
| Calmar ratioReturn relative to maximum drawdown | 4.08 | 3.58 | +0.50 |
| Martin ratioReturn relative to average drawdown | 19.99 | 12.71 | +7.28 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
Loading charts...
Sharpe Ratios by Period
| IBCY.DE | SXR8.DE | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.70 | 2.21 | -0.50 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.69 | 0.96 | -0.28 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.69 | 0.92 | -0.23 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.63 | 0.79 | -0.16 |
Drawdowns
IBCY.DE vs. SXR8.DE - Drawdown Comparison
The maximum IBCY.DE drawdown since its inception was -35.54%, which is greater than SXR8.DE's maximum drawdown of -33.78%. Use the drawdown chart below to compare losses from any high point for IBCY.DE and SXR8.DE.
Loading charts...
Drawdown Indicators
| IBCY.DE | SXR8.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -35.54% | -33.78% | -1.76% |
Max Drawdown (1Y)Largest decline over 1 year | -3.26% | -7.13% | +3.87% |
Max Drawdown (3Y)Largest decline over 3 years | -22.91% | -23.32% | +0.41% |
Max Drawdown (5Y)Largest decline over 5 years | -22.91% | -23.32% | +0.41% |
Max Drawdown (10Y)Largest decline over 10 years | -35.54% | -33.78% | -1.76% |
Current DrawdownCurrent decline from peak | 0.00% | -0.45% | +0.45% |
Average DrawdownAverage peak-to-trough decline | -4.95% | -5.17% | +0.22% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 0.67% | 2.01% | -1.34% |
Volatility
IBCY.DE vs. SXR8.DE - Volatility Comparison
The current volatility for iShares Edge MSCI USA Multifactor UCITS ETF (IBCY.DE) is 0.00%, while iShares Core S&P 500 UCITS ETF USD (Acc) (SXR8.DE) has a volatility of 2.65%. This indicates that IBCY.DE experiences smaller price fluctuations and is considered to be less risky than SXR8.DE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| IBCY.DE | SXR8.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 0.00% | 2.65% | -2.65% |
Volatility (6M)Calculated over the trailing 6-month period | 0.00% | 7.57% | -7.57% |
Volatility (1Y)Calculated over the trailing 1-year period | 7.99% | 11.56% | -3.57% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 14.77% | 15.16% | -0.39% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 16.12% | 16.09% | +0.03% |
IBCY.DE vs. SXR8.DE - Expense Ratio Comparison
IBCY.DE has a 0.35% expense ratio, which is higher than SXR8.DE's 0.07% expense ratio.
Dividends
IBCY.DE vs. SXR8.DE - Dividend Comparison
Neither IBCY.DE nor SXR8.DE has paid dividends to shareholders.
Frequently Asked Questions
IBCY.DE and SXR8.DE have a correlation of 0.55, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, SXR8.DE is cheaper at 0.07% per year. The better choice depends on whether you care most about return, fees, risk, or income.
SXR8.DE is cheaper with a 0.07% expense ratio, compared with 0.35% for IBCY.DE.
IBCY.DE is categorized as Large Cap Blend Equities, while SXR8.DE is S&P 500. IBCY.DE tracks MSCI USA Diversified Multiple-Factor, while SXR8.DE tracks S&P 500 Index. Their fees differ too: 0.35% for IBCY.DE and 0.07% for SXR8.DE.
Find the right allocation for IBCY.DE and SXR8.DE
Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Optimizer