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IBCZ.DE vs. WDP.BR
Performance
Return for Risk
Drawdowns
Volatility
Dividends

IBCZ.DE vs. WDP.BR

Last updated Jun 5, 2026

IBCZ.DE (iShares Edge MSCI World Multifactor UCITS ETF USD (Acc)) is Global Equities fund tracking the MSCI World Diversified Multiple-Factor, while WDP.BR (Warehouses De Pauw NV) is a stock. Over the past 10 years, IBCZ.DE returned 11.45%/yr vs 8.73%/yr for WDP.BR. At a 0.31 correlation, their price movements are largely independent.

Performance

IBCZ.DE vs. WDP.BR - Performance Comparison

The chart below illustrates the hypothetical performance of a €10,000 investment in iShares Edge MSCI World Multifactor UCITS ETF USD (Acc) (IBCZ.DE) and Warehouses De Pauw NV (WDP.BR). The values are adjusted to include any dividend payments, if applicable.

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Returns By Period

In the year-to-date period, IBCZ.DE achieves a 13.04% return, which is significantly higher than WDP.BR's 0.76% return. Over the past 10 years, IBCZ.DE has outperformed WDP.BR with an annualized return of 11.45%, while WDP.BR has yielded a comparatively lower 8.73% annualized return.

IBCZ.DE

1D
-0.16%
1M
5.84%
YTD
13.04%
6M
13.70%
1Y
27.80%
3Y*
18.64%
5Y*
12.00%
10Y*
11.45%

WDP.BR

1D
0.00%
1M
-2.98%
YTD
0.76%
6M
3.37%
1Y
5.73%
3Y*
-4.31%
5Y*
-4.68%
10Y*
8.73%
*Multi-year figures are annualized to reflect compound growth (CAGR)

IBCZ.DE vs. WDP.BR - Yearly Performance Comparison

2026 (YTD)202520242023202220212020201920182017
IBCZ.DE
iShares Edge MSCI World Multifactor UCITS ETF USD (Acc)		13.04%12.05%24.09%11.45%-10.83%31.27%0.44%24.79%-8.31%11.03%
WDP.BR
Warehouses De Pauw NV		0.76%20.94%-31.22%9.52%-35.68%52.06%24.54%44.26%27.20%13.76%

Correlation

The correlation between IBCZ.DE and WDP.BR is 0.29, which is low. Their price movements are largely independent, making them effective diversification partners.

Correlation
Correlation (1Y)
Calculated over the trailing 1-year period

0.29

Correlation (3Y)
Calculated over the trailing 3-year period

0.27

Correlation (5Y)
Calculated over the trailing 5-year period

0.34

Correlation (10Y)
Calculated over the trailing 10-year period

0.30

Correlation (All Time)
Calculated using the full available price history since Sep 10, 2015

0.31

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iShares Edge MSCI World Multifactor UCITS ETF USD (Acc)

Warehouses De Pauw NV

Often compared with IBCZ.DE:
IBCZ.DE vs. IWDA.ASIBCZ.DE vs. JREG.DEIBCZ.DE vs. IS3Q.DEIBCZ.DE vs. IBCK.DEIBCZ.DE vs. IWQU.LIBCZ.DE vs. SXR8.DEIBCZ.DE vs. VFMF
Often compared with WDP.BR:
WDP.BR vs. SPYWDP.BR vs. SPYL.DEWDP.BR vs. LLC.AXWDP.BR vs. EQIXWDP.BR vs. IWDA.ASWDP.BR vs. ^GSPCWDP.BR vs. LMP.L

Return for Risk

IBCZ.DE vs. WDP.BR — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.
IBCZ.DE
IBCZ.DE Risk / Return Rank: 8282
Overall Rank
IBCZ.DE Sharpe Ratio Rank: 7676
Sharpe Ratio Rank
IBCZ.DE Sortino Ratio Rank: 7777
Sortino Ratio Rank
IBCZ.DE Omega Ratio Rank: 7777
Omega Ratio Rank
IBCZ.DE Calmar Ratio Rank: 8989
Calmar Ratio Rank
IBCZ.DE Martin Ratio Rank: 9090
Martin Ratio Rank
WDP.BR
WDP.BR Risk / Return Rank: 4848
Overall Rank
WDP.BR Sharpe Ratio Rank: 5252
Sharpe Ratio Rank
WDP.BR Sortino Ratio Rank: 4444
Sortino Ratio Rank
WDP.BR Omega Ratio Rank: 4242
Omega Ratio Rank
WDP.BR Calmar Ratio Rank: 5050
Calmar Ratio Rank
WDP.BR Martin Ratio Rank: 5151
Martin Ratio Rank
The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

IBCZ.DE vs. WDP.BR - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for iShares Edge MSCI World Multifactor UCITS ETF USD (Acc) (IBCZ.DE) and Warehouses De Pauw NV (WDP.BR). 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.

IBCZ.DEWDP.BRDifference
Sharpe ratioReturn per unit of total volatility
2.42
0.29

+2.13

Sortino ratioReturn per unit of downside risk
3.41
0.54

+2.86

Omega ratioGain probability vs. loss probability

1.45

1.07

+0.38

Calmar ratioReturn relative to maximum drawdown

5.23

0.38

+4.85

Martin ratioReturn relative to average drawdown

20.97

0.85

+20.12

Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

IBCZ.DE vs. WDP.BR - Sharpe Ratio Comparison

The current IBCZ.DE Sharpe Ratio is 2.42, which is higher than the WDP.BR Sharpe Ratio of 0.29. The chart below compares the historical Sharpe Ratios of IBCZ.DE and WDP.BR, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

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Sharpe Ratios by Period

IBCZ.DEWDP.BRDifference

Sharpe Ratio (1Y)

Calculated over the trailing 1-year period

2.42

0.29

+2.13

Sharpe Ratio (5Y)

Calculated over the trailing 5-year period

0.84

-0.18

+1.02

Sharpe Ratio (10Y)

Calculated over the trailing 10-year period

0.75

0.35

+0.41

Sharpe Ratio (All Time)

Calculated using the full available price history

0.69

0.52

+0.17

Drawdowns

IBCZ.DE vs. WDP.BR - Drawdown Comparison

The maximum IBCZ.DE drawdown since its inception was -33.99%, smaller than the maximum WDP.BR drawdown of -53.49%. Use the drawdown chart below to compare losses from any high point for IBCZ.DE and WDP.BR.

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Drawdown Indicators

IBCZ.DEWDP.BRDifference

Max Drawdown

Largest peak-to-trough decline

-33.99%

-53.49%

+19.50%

Max Drawdown (1Y)

Largest decline over 1 year

-5.29%

-14.98%

+9.69%

Max Drawdown (3Y)

Largest decline over 3 years

-19.98%

-34.57%

+14.59%

Max Drawdown (5Y)

Largest decline over 5 years

-19.98%

-53.49%

+33.51%

Max Drawdown (10Y)

Largest decline over 10 years

-33.99%

-53.49%

+19.50%

Current Drawdown

Current decline from peak

-0.60%

-40.96%

+40.36%

Average Drawdown

Average peak-to-trough decline

-4.52%

-12.10%

+7.58%

Ulcer Index

Depth and duration of drawdowns from previous peaks

1.32%

6.72%

-5.40%

Volatility

IBCZ.DE vs. WDP.BR - Volatility Comparison

The current volatility for iShares Edge MSCI World Multifactor UCITS ETF USD (Acc) (IBCZ.DE) is 3.05%, while Warehouses De Pauw NV (WDP.BR) has a volatility of 4.65%. This indicates that IBCZ.DE experiences smaller price fluctuations and is considered to be less risky than WDP.BR based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

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Volatility by Period

IBCZ.DEWDP.BRDifference

Volatility (1M)

Calculated over the trailing 1-month period

3.05%

4.65%

-1.60%

Volatility (6M)

Calculated over the trailing 6-month period

8.16%

15.55%

-7.39%

Volatility (1Y)

Calculated over the trailing 1-year period

11.42%

19.51%

-8.09%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

14.11%

25.41%

-11.30%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

15.13%

24.82%

-9.69%

Dividends

IBCZ.DE vs. WDP.BR - Dividend Comparison

IBCZ.DE has not paid dividends to shareholders, while WDP.BR's dividend yield for the trailing twelve months is around 4.01%.

PositionTTM20252024202320222021202020192018201720162015
IBCZ.DE
iShares Edge MSCI World Multifactor UCITS ETF USD (Acc)		0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%
WDP.BR
Warehouses De Pauw NV		4.01%3.80%4.13%2.46%2.31%1.33%1.83%2.07%2.73%3.19%3.41%3.14%

Frequently Asked Questions

IBCZ.DE and WDP.BR have a correlation of 0.29, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

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