IBGL.MI vs. IS3S.DE
IBGL.MI (iShares € Govt Bond 15-30yr UCITS ETF EUR Dist) and IS3S.DE (iShares Edge MSCI World Value Factor UCITS ETF) are both exchange-traded funds - IBGL.MI is a European Government Bonds fund tracking the Bloomberg Euro Government Bond 30 Year Term Index, while IS3S.DE is a Global Equities fund tracking the MSCI World Enhanced Value. Both are passively managed. Over the past 10 years, IBGL.MI returned -2.69%/yr vs 11.90%/yr for IS3S.DE. At a correlation of -0.02, they often move in opposite directions. IBGL.MI charges 0.15%/yr vs 0.30%/yr for IS3S.DE.
Performance
IBGL.MI vs. IS3S.DE - Performance Comparison
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Returns By Period
In the year-to-date period, IBGL.MI achieves a -1.38% return, which is significantly lower than IS3S.DE's 30.71% return. Over the past 10 years, IBGL.MI has underperformed IS3S.DE with an annualized return of -2.69%, while IS3S.DE has yielded a comparatively higher 11.90% annualized return.
IBGL.MI
- 1D
- 0.00%
- 1M
- -2.97%
- 6M
- -2.49%
- YTD
- -1.38%
- 1Y
- -2.38%
- 3Y*
- -0.90%
- 5Y*
- -8.19%
- 10Y*
- -2.69%
IS3S.DE
- 1D
- -0.24%
- 1M
- -3.51%
- 6M
- 25.00%
- YTD
- 30.71%
- 1Y
- 56.55%
- 3Y*
- 24.81%
- 5Y*
- 16.93%
- 10Y*
- 11.90%
IBGL.MI vs. IS3S.DE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
IBGL.MI iShares € Govt Bond 15-30yr UCITS ETF EUR Dist | -1.38% | -5.53% | -0.17% | 10.21% | -34.75% | -7.00% | 11.97% | 15.43% | 3.11% | -1.15% |
IS3S.DE iShares Edge MSCI World Value Factor UCITS ETF | 30.71% | 25.13% | 11.36% | 15.62% | -4.81% | 30.35% | -12.53% | 22.01% | -10.32% | 7.66% |
Correlation
The correlation between IBGL.MI and IS3S.DE is 0.36, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.36 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.19 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.09 |
Correlation (10Y) Calculated over the trailing 10-year period | -0.02 |
Correlation (All Time) Calculated using the full available price history since Oct 6, 2014 | -0.02 |
The correlation between IBGL.MI and IS3S.DE shifts across timeframes, from -0.02 (all time) to 0.36 (1 year), reflecting how their relationship changes across market environments.
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Return for Risk
IBGL.MI vs. IS3S.DE — Risk / Return Rank
IBGL.MI
IS3S.DE
IBGL.MI vs. IS3S.DE - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for iShares € Govt Bond 15-30yr UCITS ETF EUR Dist (IBGL.MI) and iShares Edge MSCI World Value Factor UCITS ETF (IS3S.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.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| IBGL.MI | IS3S.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -3.95 | ||
| Sortino ratioReturn per unit of downside risk | -5.28 | ||
| Omega ratioGain probability vs. loss probability | 0.97 | 1.65 | -0.69 |
| Calmar ratioReturn relative to maximum drawdown | -0.39 | 9.23 | -9.63 |
| Martin ratioReturn relative to average drawdown | -0.80 | 29.40 | -30.20 |
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Drawdowns
IBGL.MI vs. IS3S.DE - Drawdown Comparison
The maximum IBGL.MI drawdown since its inception was -43.83%, which is greater than IS3S.DE's maximum drawdown of -35.19%. Use the drawdown chart below to compare losses from any high point for IBGL.MI and IS3S.DE.
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Drawdown Indicators
| IBGL.MI | IS3S.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -43.83% | -35.19% | -8.64% |
Max Drawdown (1Y)Largest decline over 1 year | -6.12% | -6.09% | -0.03% |
Max Drawdown (3Y)Largest decline over 3 years | -12.08% | -17.78% | +5.70% |
Max Drawdown (5Y)Largest decline over 5 years | -42.23% | -17.78% | -24.45% |
Max Drawdown (10Y)Largest decline over 10 years | -43.83% | -35.19% | -8.64% |
Current DrawdownCurrent decline from peak | -38.28% | -5.61% | -32.67% |
Average DrawdownAverage peak-to-trough decline | -12.89% | -6.92% | -5.97% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 3.01% | 1.92% | +1.09% |
Volatility
IBGL.MI vs. IS3S.DE - Volatility Comparison
The current volatility for iShares € Govt Bond 15-30yr UCITS ETF EUR Dist (IBGL.MI) is 2.44%, while iShares Edge MSCI World Value Factor UCITS ETF (IS3S.DE) has a volatility of 5.66%. This indicates that IBGL.MI experiences smaller price fluctuations and is considered to be less risky than IS3S.DE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| IBGL.MI | IS3S.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 2.44% | 5.66% | -3.22% |
Volatility (6M)Calculated over the trailing 6-month period | 7.26% | 13.08% | -5.82% |
Volatility (1Y)Calculated over the trailing 1-year period | 9.27% | 15.32% | -6.05% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 13.54% | 14.11% | -0.57% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 11.44% | 16.63% | -5.19% |
IBGL.MI vs. IS3S.DE - Expense Ratio Comparison
IBGL.MI has a 0.15% expense ratio, which is lower than IS3S.DE's 0.30% expense ratio.
Dividends
IBGL.MI vs. IS3S.DE - Dividend Comparison
IBGL.MI's dividend yield for the trailing twelve months is around 3.72%, while IS3S.DE has not paid dividends to shareholders.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
IBGL.MI iShares € Govt Bond 15-30yr UCITS ETF EUR Dist | 3.72% | 3.53% | 3.18% | 2.66% | 1.32% | 0.53% | 0.74% | 1.27% | 1.50% | 1.35% | 1.48% | 1.83% |
IS3S.DE iShares Edge MSCI World Value Factor 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% |
Frequently Asked Questions
IBGL.MI and IS3S.DE have a correlation of 0.36, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, IBGL.MI is cheaper at 0.15% per year. The better choice depends on whether you care most about return, fees, risk, or income.
IBGL.MI is cheaper with a 0.15% expense ratio, compared with 0.30% for IS3S.DE.
IBGL.MI is categorized as European Government Bonds, while IS3S.DE is Global Equities. IBGL.MI tracks Bloomberg Euro Government Bond 30 Year Term Index, while IS3S.DE tracks MSCI World Enhanced Value. Their fees differ too: 0.15% for IBGL.MI and 0.30% for IS3S.DE.
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