PortfoliosLab logoPortfoliosLab logo

Documentation

Upgrade your plan
IDVY.AS vs. USD=X
Performance
Return for Risk
Drawdowns
Volatility

IDVY.AS vs. USD=X

Last updated Jun 5, 2026

IDVY.AS (iShares Euro Dividend UCITS ETF) is Europe Equities fund tracking the MSCI EMU NR EUR, while USD=X (USD Cash) is a currency. Over the past 10 years, IDVY.AS returned 7.33%/yr vs -0.25%/yr for USD=X. At a correlation of -0.10, they often move in opposite directions.

Performance

IDVY.AS vs. USD=X - Performance Comparison

The chart below illustrates the hypothetical performance of a €10,000 investment in iShares Euro Dividend UCITS ETF (IDVY.AS) and USD Cash (USD=X). The values are adjusted to include any dividend payments, if applicable.

Loading charts...

Different Trading Currencies

IDVY.AS is traded in EUR, while USD=X is traded in USD. To make them comparable, the USD=X values have been converted to EUR using the latest available exchange rates.

Returns By Period

In the year-to-date period, IDVY.AS achieves a 8.21% return, which is significantly higher than USD=X's 1.84% return. Over the past 10 years, IDVY.AS has outperformed USD=X with an annualized return of 7.33%, while USD=X has yielded a comparatively lower -0.25% annualized return.

IDVY.AS

1D
0.33%
1M
2.29%
YTD
8.21%
6M
10.99%
1Y
20.66%
3Y*
20.03%
5Y*
9.08%
10Y*
7.33%

USD=X

1D
0.00%
1M
2.18%
YTD
1.84%
6M
0.90%
1Y
-1.05%
3Y*
-2.31%
5Y*
1.09%
10Y*
-0.25%
*Multi-year figures are annualized to reflect compound growth (CAGR)

IDVY.AS vs. USD=X - Yearly Performance Comparison

2026 (YTD)202520242023202220212020201920182017
IDVY.AS
iShares Euro Dividend UCITS ETF		8.21%41.92%8.62%4.42%-13.82%24.39%-17.87%20.43%-10.28%9.96%
USD=X
USD Cash		1.84%-11.87%6.60%-3.00%6.20%7.48%-8.24%2.26%4.69%-12.29%

Correlation

The correlation between IDVY.AS and USD=X is -0.08, meaning there is essentially no relationship between their price movements. Each responds to its own set of market drivers, making them strong candidates for combining in a diversified portfolio.

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

-0.08

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

-0.15

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

-0.18

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

-0.07

Correlation (All Time)
Calculated using the full available price history since Aug 31, 2007

-0.10

The correlation between IDVY.AS and USD=X shifts across timeframes, from -0.18 (5 years) to -0.07 (10 years), reflecting how their relationship changes across market environments.

Compare stocks, funds, or ETFs

Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.

iShares Euro Dividend UCITS ETF

USD Cash

Often compared with IDVY.AS:
IDVY.AS vs. VHYL.ASIDVY.AS vs. SPYW.DEIDVY.AS vs. DIVIDVY.AS vs. SCHDIDVY.AS vs. HDVIDVY.AS vs. HPRD.LIDVY.AS vs. DECD.DE
Often compared with USD=X:
USD=X vs. UUPUSD=X vs. EUR=XUSD=X vs. XRP-USDUSD=X vs. BTC-USDUSD=X vs. QQQUSD=X vs. TSLAUSD=X vs. USDX

Return for Risk

IDVY.AS vs. USD=X — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.
IDVY.AS
IDVY.AS Risk / Return Rank: 5252
Overall Rank
IDVY.AS Sharpe Ratio Rank: 5252
Sharpe Ratio Rank
IDVY.AS Sortino Ratio Rank: 5252
Sortino Ratio Rank
IDVY.AS Omega Ratio Rank: 5454
Omega Ratio Rank
IDVY.AS Calmar Ratio Rank: 5454
Calmar Ratio Rank
IDVY.AS Martin Ratio Rank: 4949
Martin Ratio Rank
USD=X
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.

IDVY.AS vs. USD=X - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for iShares Euro Dividend UCITS ETF (IDVY.AS) and USD Cash (USD=X). 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.

IDVY.ASUSD=XDifference
Sharpe ratioReturn per unit of total volatility
1.77
-0.15

+1.92

Sortino ratioReturn per unit of downside risk
2.47
-0.16

+2.63

Omega ratioGain probability vs. loss probability

1.33

0.98

+0.34

Calmar ratioReturn relative to maximum drawdown

2.61

-0.18

+2.79

Martin ratioReturn relative to average drawdown

8.13

-0.39

+8.52

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

IDVY.AS vs. USD=X - Sharpe Ratio Comparison

The current IDVY.AS Sharpe Ratio is 1.77, which is higher than the USD=X Sharpe Ratio of -0.15. The chart below compares the historical Sharpe Ratios of IDVY.AS and USD=X, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Loading charts...

Sharpe Ratios by Period

IDVY.ASUSD=XDifference

Sharpe Ratio (1Y)

Calculated over the trailing 1-year period

1.77

-0.15

+1.92

Sharpe Ratio (5Y)

Calculated over the trailing 5-year period

0.60

0.14

+0.46

Sharpe Ratio (10Y)

Calculated over the trailing 10-year period

0.42

-0.03

+0.45

Sharpe Ratio (All Time)

Calculated using the full available price history

0.23

0.10

+0.13

Drawdowns

IDVY.AS vs. USD=X - Drawdown Comparison

The maximum IDVY.AS drawdown since its inception was -71.33%, which is greater than USD=X's maximum drawdown of -20.32%. Use the drawdown chart below to compare losses from any high point for IDVY.AS and USD=X.

Loading charts...

Drawdown Indicators

IDVY.ASUSD=XDifference

Max Drawdown

Largest peak-to-trough decline

-71.33%

-20.32%

-51.01%

Max Drawdown (1Y)

Largest decline over 1 year

-7.97%

-5.33%

-2.64%

Max Drawdown (3Y)

Largest decline over 3 years

-12.81%

-15.23%

+2.42%

Max Drawdown (5Y)

Largest decline over 5 years

-24.57%

-20.32%

-4.25%

Max Drawdown (10Y)

Largest decline over 10 years

-42.34%

-20.32%

-22.02%

Current Drawdown

Current decline from peak

-1.42%

-16.81%

+15.39%

Average Drawdown

Average peak-to-trough decline

-22.54%

-9.48%

-13.06%

Ulcer Index

Depth and duration of drawdowns from previous peaks

2.57%

1.89%

+0.68%

Volatility

IDVY.AS vs. USD=X - Volatility Comparison

iShares Euro Dividend UCITS ETF (IDVY.AS) has a higher volatility of 3.54% compared to USD Cash (USD=X) at 1.33%. This indicates that IDVY.AS's price experiences larger fluctuations and is considered to be riskier than USD=X based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Loading charts...

Volatility by Period

IDVY.ASUSD=XDifference

Volatility (1M)

Calculated over the trailing 1-month period

3.54%

1.33%

+2.21%

Volatility (6M)

Calculated over the trailing 6-month period

9.62%

4.59%

+5.03%

Volatility (1Y)

Calculated over the trailing 1-year period

11.77%

5.45%

+6.32%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

14.80%

6.44%

+8.36%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

17.26%

6.20%

+11.06%

Frequently Asked Questions

IDVY.AS and USD=X have a correlation of -0.08, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Portfolio Optimizer

Find the right allocation for IDVY.AS and USD=X

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