IBCZ.DE vs. IS3Q.DE
Compare and contrast key facts about iShares Edge MSCI World Multifactor UCITS ETF USD (Acc) (IBCZ.DE) and iShares Edge MSCI World Quality Factor UCITS ETF (Acc) (IS3Q.DE).
IBCZ.DE and IS3Q.DE are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. IBCZ.DE is a passively managed fund by iShares that tracks the performance of the MSCI World Diversified Multiple-Factor. It was launched on Sep 4, 2015. IS3Q.DE is a passively managed fund by iShares that tracks the performance of the MSCI World Sector Neutral Quality. It was launched on Oct 3, 2014. Both IBCZ.DE and IS3Q.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: IBCZ.DE or IS3Q.DE.
Correlation
The correlation between IBCZ.DE and IS3Q.DE is 0.89, 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
IBCZ.DE vs. IS3Q.DE - Performance Comparison
Key characteristics
IBCZ.DE:
1.97
IS3Q.DE:
1.68
IBCZ.DE:
2.70
IS3Q.DE:
2.38
IBCZ.DE:
1.39
IS3Q.DE:
1.32
IBCZ.DE:
2.82
IS3Q.DE:
2.51
IBCZ.DE:
12.64
IS3Q.DE:
10.24
IBCZ.DE:
1.86%
IS3Q.DE:
1.95%
IBCZ.DE:
11.94%
IS3Q.DE:
11.90%
IBCZ.DE:
-33.99%
IS3Q.DE:
-32.31%
IBCZ.DE:
-0.05%
IS3Q.DE:
-0.16%
Returns By Period
In the year-to-date period, IBCZ.DE achieves a 5.73% return, which is significantly higher than IS3Q.DE's 4.05% return.
IBCZ.DE
5.73%
1.89%
15.39%
22.62%
10.10%
N/A
IS3Q.DE
4.05%
1.41%
10.29%
18.67%
11.78%
N/A
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IBCZ.DE vs. IS3Q.DE - Expense Ratio Comparison
IBCZ.DE has a 0.50% expense ratio, which is higher than IS3Q.DE's 0.30% expense ratio.
Risk-Adjusted Performance
IBCZ.DE vs. IS3Q.DE — Risk-Adjusted Performance Rank
IBCZ.DE
IS3Q.DE
IBCZ.DE vs. IS3Q.DE - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for iShares Edge MSCI World Multifactor UCITS ETF USD (Acc) (IBCZ.DE) and iShares Edge MSCI World Quality Factor UCITS ETF (Acc) (IS3Q.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
IBCZ.DE vs. IS3Q.DE - Dividend Comparison
Neither IBCZ.DE nor IS3Q.DE has paid dividends to shareholders.
Drawdowns
IBCZ.DE vs. IS3Q.DE - Drawdown Comparison
The maximum IBCZ.DE drawdown since its inception was -33.99%, which is greater than IS3Q.DE's maximum drawdown of -32.31%. Use the drawdown chart below to compare losses from any high point for IBCZ.DE and IS3Q.DE. For additional features, visit the drawdowns tool.
Volatility
IBCZ.DE vs. IS3Q.DE - Volatility Comparison
iShares Edge MSCI World Multifactor UCITS ETF USD (Acc) (IBCZ.DE) has a higher volatility of 3.34% compared to iShares Edge MSCI World Quality Factor UCITS ETF (Acc) (IS3Q.DE) at 2.77%. This indicates that IBCZ.DE's price experiences larger fluctuations and is considered to be riskier than IS3Q.DE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.