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IDJG.AS vs. IEUX.AS
Performance
Return for Risk
Drawdowns
Volatility
Dividends

IDJG.AS vs. IEUX.AS

Last updated Jun 5, 2026

IDJG.AS (iShares Euro Total Market Growth Large UCITS ETF) and IEUX.AS (iShares MSCI Europe ex-UK UCITS ETF) are both Europe Equities funds from iShares - IDJG.AS tracks the MSCI EMU NR EUR while IEUX.AS tracks the MSCI Europe Ex UK NR EUR. Both are passively managed. Over the past 10 years, IDJG.AS returned 10.03%/yr vs 9.38%/yr for IEUX.AS. A 0.79 correlation means they provide meaningful diversification when combined. Both charge a 0.40% expense ratio.

Performance

IDJG.AS vs. IEUX.AS - Performance Comparison

The chart below illustrates the hypothetical performance of a €10,000 investment in iShares Euro Total Market Growth Large UCITS ETF (IDJG.AS) and iShares MSCI Europe ex-UK UCITS ETF (IEUX.AS). The values are adjusted to include any dividend payments, if applicable.

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Returns By Period

In the year-to-date period, IDJG.AS achieves a 11.17% return, which is significantly higher than IEUX.AS's 7.22% return. Over the past 10 years, IDJG.AS has outperformed IEUX.AS with an annualized return of 10.03%, while IEUX.AS has yielded a comparatively lower 9.38% annualized return.

IDJG.AS

1D
0.46%
1M
7.49%
YTD
11.17%
6M
11.08%
1Y
14.41%
3Y*
11.32%
5Y*
8.73%
10Y*
10.03%

IEUX.AS

1D
0.77%
1M
3.88%
YTD
7.22%
6M
10.02%
1Y
15.22%
3Y*
13.17%
5Y*
9.05%
10Y*
9.38%
*Multi-year figures are annualized to reflect compound growth (CAGR)

IDJG.AS vs. IEUX.AS - Yearly Performance Comparison

2026 (YTD)202520242023202220212020201920182017
IDJG.AS
iShares Euro Total Market Growth Large UCITS ETF		11.17%10.86%10.46%20.59%-17.31%26.89%6.04%34.28%-10.77%12.45%
IEUX.AS
iShares MSCI Europe ex-UK UCITS ETF		7.22%19.55%7.52%17.22%-12.30%25.00%1.67%26.50%-10.21%11.50%

Correlation

The correlation between IDJG.AS and IEUX.AS is 0.91, indicating a strong positive relationship between their price movements. Combining them offers limited diversification - they tend to fall together during downturns.

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

0.91

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

0.89

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

0.89

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

0.90

Correlation (All Time)
Calculated using the full available price history since Aug 2, 2006

0.79

The correlation between IDJG.AS and IEUX.AS shifts across timeframes, from 0.79 (all time) to 0.91 (1 year), reflecting how their relationship changes across market environments.

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iShares Euro Total Market Growth Large UCITS ETF

iShares MSCI Europe ex-UK UCITS ETF

Often compared with IDJG.AS:
IDJG.AS vs. EUEA.ASIDJG.AS vs. VOOIDJG.AS vs. SPYIDJG.AS vs. VUAA.DEIDJG.AS vs. DJMC.ASIDJG.AS vs. DJSC.ASIDJG.AS vs. ICHN.AS
Often compared with IEUX.AS:
IEUX.AS vs. VGKIEUX.AS vs. VUSA.ASIEUX.AS vs. GLDIEUX.AS vs. XGEN.DEIEUX.AS vs. DJSC.ASIEUX.AS vs. SPYIEUX.AS vs. IMEU.AS

Return for Risk

IDJG.AS vs. IEUX.AS — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.
IDJG.AS
IDJG.AS Risk / Return Rank: 2424
Overall Rank
IDJG.AS Sharpe Ratio Rank: 2323
Sharpe Ratio Rank
IDJG.AS Sortino Ratio Rank: 2424
Sortino Ratio Rank
IDJG.AS Omega Ratio Rank: 2323
Omega Ratio Rank
IDJG.AS Calmar Ratio Rank: 2424
Calmar Ratio Rank
IDJG.AS Martin Ratio Rank: 2727
Martin Ratio Rank
IEUX.AS
IEUX.AS Risk / Return Rank: 3333
Overall Rank
IEUX.AS Sharpe Ratio Rank: 3131
Sharpe Ratio Rank
IEUX.AS Sortino Ratio Rank: 3232
Sortino Ratio Rank
IEUX.AS Omega Ratio Rank: 3131
Omega Ratio Rank
IEUX.AS Calmar Ratio Rank: 3131
Calmar Ratio Rank
IEUX.AS Martin Ratio Rank: 3737
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.

IDJG.AS vs. IEUX.AS - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for iShares Euro Total Market Growth Large UCITS ETF (IDJG.AS) and iShares MSCI Europe ex-UK UCITS ETF (IEUX.AS). 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.

IDJG.ASIEUX.ASDifference
Sharpe ratioReturn per unit of total volatility
0.76
1.11

-0.34

Sortino ratioReturn per unit of downside risk
1.28
1.68

-0.40

Omega ratioGain probability vs. loss probability

1.15

1.21

-0.06

Calmar ratioReturn relative to maximum drawdown

1.12

1.51

-0.40

Martin ratioReturn relative to average drawdown

3.68

5.58

-1.90

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

IDJG.AS vs. IEUX.AS - Sharpe Ratio Comparison

The current IDJG.AS Sharpe Ratio is 0.76, which is lower than the IEUX.AS Sharpe Ratio of 1.11. The chart below compares the historical Sharpe Ratios of IDJG.AS and IEUX.AS, 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

IDJG.ASIEUX.ASDifference

Sharpe Ratio (1Y)

Calculated over the trailing 1-year period

0.76

1.11

-0.34

Sharpe Ratio (5Y)

Calculated over the trailing 5-year period

0.44

0.60

-0.16

Sharpe Ratio (10Y)

Calculated over the trailing 10-year period

0.54

0.59

-0.05

Sharpe Ratio (All Time)

Calculated using the full available price history

0.37

0.30

+0.08

Drawdowns

IDJG.AS vs. IEUX.AS - Drawdown Comparison

The maximum IDJG.AS drawdown since its inception was -56.97%, smaller than the maximum IEUX.AS drawdown of -60.28%. Use the drawdown chart below to compare losses from any high point for IDJG.AS and IEUX.AS.

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Drawdown Indicators

IDJG.ASIEUX.ASDifference

Max Drawdown

Largest peak-to-trough decline

-56.97%

-60.28%

+3.31%

Max Drawdown (1Y)

Largest decline over 1 year

-12.76%

-9.94%

-2.82%

Max Drawdown (3Y)

Largest decline over 3 years

-20.09%

-16.22%

-3.87%

Max Drawdown (5Y)

Largest decline over 5 years

-28.00%

-22.47%

-5.53%

Max Drawdown (10Y)

Largest decline over 10 years

-34.50%

-34.79%

+0.29%

Current Drawdown

Current decline from peak

0.00%

-1.26%

+1.26%

Average Drawdown

Average peak-to-trough decline

-11.36%

-14.68%

+3.32%

Ulcer Index

Depth and duration of drawdowns from previous peaks

3.88%

2.70%

+1.18%

Volatility

IDJG.AS vs. IEUX.AS - Volatility Comparison

iShares Euro Total Market Growth Large UCITS ETF (IDJG.AS) has a higher volatility of 6.33% compared to iShares MSCI Europe ex-UK UCITS ETF (IEUX.AS) at 4.35%. This indicates that IDJG.AS's price experiences larger fluctuations and is considered to be riskier than IEUX.AS based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

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Volatility by Period

IDJG.ASIEUX.ASDifference

Volatility (1M)

Calculated over the trailing 1-month period

6.33%

4.35%

+1.98%

Volatility (6M)

Calculated over the trailing 6-month period

15.62%

11.20%

+4.42%

Volatility (1Y)

Calculated over the trailing 1-year period

18.67%

13.59%

+5.08%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

19.60%

14.97%

+4.63%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

18.79%

15.72%

+3.07%

IDJG.AS vs. IEUX.AS - Expense Ratio Comparison

Both IDJG.AS and IEUX.AS have an expense ratio of 0.40%.

Dividends

IDJG.AS vs. IEUX.AS - Dividend Comparison

IDJG.AS's dividend yield for the trailing twelve months is around 1.08%, less than IEUX.AS's 1.98% yield.

PositionTTM20252024202320222021202020192018201720162015
IDJG.AS
iShares Euro Total Market Growth Large UCITS ETF		1.08%1.04%0.97%0.94%1.00%0.55%0.99%1.39%1.55%1.57%1.80%1.72%
IEUX.AS
iShares MSCI Europe ex-UK UCITS ETF		1.98%2.15%2.36%2.37%2.34%1.62%1.43%2.33%2.65%2.27%2.31%2.16%

Frequently Asked Questions

With a correlation of 0.91, IDJG.AS and IEUX.AS move almost identically. Holding both adds very little diversification - you're essentially doubling your position in the same market segment. Choosing one is usually more capital-efficient.

Both ETFs have the same 0.40% expense ratio. The better choice depends on whether you care most about return, fees, risk, or income.

IDJG.AS and IEUX.AS have the same expense ratio: 0.40% per year.

IDJG.AS tracks MSCI EMU NR EUR, while IEUX.AS tracks MSCI Europe Ex UK NR EUR.

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