IE3E.DE vs. SYBQ.DE

Last updated Apr 3, 2026

Compare and contrast key facts about iShares EUR Corporate Bond 0-3yr ESG UCITS ETF EUR Acc (IE3E.DE) and SPDR Bloomberg 0-5 Year Sterling Corporate Bond UCITS ETF (SYBQ.DE).

IE3E.DE and SYBQ.DE are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. IE3E.DE is a passively managed fund by iShares that tracks the performance of the Bloomberg MSCI Euro Corporate 0-3 Sustainable SRI. It was launched on May 25, 2022. SYBQ.DE is a passively managed fund by State Street that tracks the performance of the Bloomberg Sterling Corporate Bond 0-5. It was launched on Feb 17, 2014. Both IE3E.DE and SYBQ.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.

Performance

IE3E.DE vs. SYBQ.DE - Performance Comparison

The chart below illustrates the hypothetical performance of a €10,000 investment in iShares EUR Corporate Bond 0-3yr ESG UCITS ETF EUR Acc (IE3E.DE) and SPDR Bloomberg 0-5 Year Sterling Corporate Bond UCITS ETF (SYBQ.DE). The values are adjusted to include any dividend payments, if applicable.

IE3E.DE vs. SYBQ.DE - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022
IE3E.DE iShares EUR Corporate Bond 0-3yr ESG UCITS ETF EUR Acc	-0.18%	3.04%	4.31%	4.16%	-1.80%
SYBQ.DE SPDR Bloomberg 0-5 Year Sterling Corporate Bond UCITS ETF	-0.26%	1.45%	9.71%	9.39%	-7.02%

Returns By Period

In the year-to-date period, IE3E.DE achieves a -0.18% return, which is significantly higher than SYBQ.DE's -0.26% return.

IE3E.DE

• 1D: 0.11%
• 1M: -0.24%
• YTD: -0.18%
• 6M: 0.35%
• 1Y: 1.98%
• 3Y*: 3.53%
• 5Y*: —
• 10Y*: —

SYBQ.DE

• 1D: 0.10%
• 1M: -0.72%
• YTD: -0.26%
• 6M: 1.42%
• 1Y: 0.79%
• 3Y*: 5.85%
• 5Y*: 1.83%
• 10Y*: 1.44%

*Multi-year figures are annualized to reflect compound growth (CAGR)

IE3E.DE vs. SYBQ.DE - Expense Ratio Comparison

IE3E.DE has a 0.12% expense ratio, which is lower than SYBQ.DE's 0.20% expense ratio. Despite the difference, both funds are considered low-cost compared to the broader market, where average expense ratios usually range from 0.3% to 0.9%.

SYBQ.DE

SPDR Bloomberg 0-5 Year Sterling Corporate Bond UCITS ETF

IE3E.DE

iShares EUR Corporate Bond 0-3yr ESG UCITS ETF EUR Acc

Return for Risk

IE3E.DE vs. SYBQ.DE — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

IE3E.DE

IE3E.DE Risk / Return Rank: 75
IE3E.DE Sharpe Ratio Rank: 77
IE3E.DE Sortino Ratio Rank: 82
IE3E.DE Omega Ratio Rank: 78
IE3E.DE Calmar Ratio Rank: 63
IE3E.DE Martin Ratio Rank: 72

SYBQ.DE

SYBQ.DE Risk / Return Rank: 14
SYBQ.DE Sharpe Ratio Rank: 14
SYBQ.DE Sortino Ratio Rank: 12
SYBQ.DE Omega Ratio Rank: 12
SYBQ.DE Calmar Ratio Rank: 18
SYBQ.DE Martin Ratio Rank: 16

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.

IE3E.DE vs. SYBQ.DE - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for iShares EUR Corporate Bond 0-3yr ESG UCITS ETF EUR Acc (IE3E.DE) and SPDR Bloomberg 0-5 Year Sterling Corporate Bond UCITS ETF (SYBQ.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.

	IE3E.DE	SYBQ.DE	Difference
Sharpe ratio Return per unit of total volatility	1.51	0.15	+1.37
Sortino ratio Return per unit of downside risk	2.26	0.23	+2.03
Omega ratio Gain probability vs. loss probability	1.31	1.03	+0.28
Calmar ratio Return relative to maximum drawdown	1.99	0.47	+1.52
Martin ratio Return relative to average drawdown	9.10	1.02	+8.08
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

IE3E.DE vs. SYBQ.DE - Sharpe Ratio Comparison

The current IE3E.DE Sharpe Ratio is 1.51, which is higher than the SYBQ.DE Sharpe Ratio of 0.15. The chart below compares the historical Sharpe Ratios of IE3E.DE and SYBQ.DE, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

Sharpe Ratios by Period

	IE3E.DE	SYBQ.DE	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	1.51	0.15	+1.37
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	—	0.28	—
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	—	0.08	—
Sharpe Ratio (All Time) Calculated using the full available price history	1.55	0.08	+1.47

Correlation

The correlation between IE3E.DE and SYBQ.DE is 0.35, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.

Dividends

IE3E.DE vs. SYBQ.DE - Dividend Comparison

IE3E.DE has not paid dividends to shareholders, while SYBQ.DE's dividend yield for the trailing twelve months is around 4.76%.

	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
IE3E.DE iShares EUR Corporate Bond 0-3yr ESG UCITS ETF EUR 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%
SYBQ.DE SPDR Bloomberg 0-5 Year Sterling Corporate Bond UCITS ETF	4.76%	4.72%	4.31%	3.04%	1.88%	1.71%	2.04%	1.84%	1.92%	2.48%	2.57%	2.58%

Drawdowns

IE3E.DE vs. SYBQ.DE - Drawdown Comparison

The maximum IE3E.DE drawdown since its inception was -3.12%, smaller than the maximum SYBQ.DE drawdown of -29.32%. Use the drawdown chart below to compare losses from any high point for IE3E.DE and SYBQ.DE.

Drawdown Indicators

	IE3E.DE	SYBQ.DE	Difference
Max Drawdown Largest peak-to-trough decline	-3.12%	-29.32%	+26.20%
Max Drawdown (1Y) Largest decline over 1 year	-0.98%	-3.56%	+2.58%
Max Drawdown (5Y) Largest decline over 5 years	—	-16.50%	—
Max Drawdown (10Y) Largest decline over 10 years	—	-21.50%	—
Current Drawdown Current decline from peak	-0.65%	-1.63%	+0.98%
Average Drawdown Average peak-to-trough decline	-0.57%	-9.23%	+8.66%
Ulcer Index Depth and duration of drawdowns from previous peaks	0.21%	1.17%	-0.96%

Volatility

IE3E.DE vs. SYBQ.DE - Volatility Comparison

The current volatility for iShares EUR Corporate Bond 0-3yr ESG UCITS ETF EUR Acc (IE3E.DE) is 0.67%, while SPDR Bloomberg 0-5 Year Sterling Corporate Bond UCITS ETF (SYBQ.DE) has a volatility of 1.59%. This indicates that IE3E.DE experiences smaller price fluctuations and is considered to be less risky than SYBQ.DE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	IE3E.DE	SYBQ.DE	Difference
Volatility (1M) Calculated over the trailing 1-month period	0.67%	1.59%	-0.92%
Volatility (6M) Calculated over the trailing 6-month period	1.11%	3.09%	-1.98%
Volatility (1Y) Calculated over the trailing 1-year period	1.31%	5.44%	-4.13%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	1.56%	6.45%	-4.89%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	1.56%	17.60%	-16.04%