IE3E.DE vs. SYBS.DE
IE3E.DE (iShares EUR Corporate Bond 0-3yr ESG UCITS ETF EUR Acc) and SYBS.DE (SPDR Bloomberg Sterling Corporate Bond UCITS ETF) are both European Corporate Bonds funds - IE3E.DE tracks the Bloomberg MSCI Euro Corporate 0-3 Sustainable SRI while SYBS.DE tracks the Bloomberg Sterling Corporate Bond. Both are passively managed. Over the past 3 years, IE3E.DE returned 3.88%/yr vs 6.45%/yr for SYBS.DE. At a 0.33 correlation, their price movements are largely independent. IE3E.DE charges 0.12%/yr vs 0.20%/yr for SYBS.DE.
Performance
IE3E.DE vs. SYBS.DE - Performance Comparison
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Returns By Period
In the year-to-date period, IE3E.DE achieves a 0.91% return, which is significantly lower than SYBS.DE's 2.27% return.
IE3E.DE
- 1D
- 0.18%
- 1M
- 0.54%
- YTD
- 0.91%
- 6M
- 0.91%
- 1Y
- 2.02%
- 3Y*
- 3.88%
- 5Y*
- —
- 10Y*
- —
SYBS.DE
- 1D
- 0.13%
- 1M
- 1.74%
- YTD
- 2.27%
- 6M
- 2.80%
- 1Y
- 3.56%
- 3Y*
- 6.45%
- 5Y*
- -0.75%
- 10Y*
- 1.57%
IE3E.DE vs. SYBS.DE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | |
|---|---|---|---|---|---|
IE3E.DE iShares EUR Corporate Bond 0-3yr ESG UCITS ETF EUR Acc | 0.91% | 2.99% | 4.29% | 4.27% | -1.80% |
SYBS.DE SPDR Bloomberg Sterling Corporate Bond UCITS ETF | 2.27% | 1.99% | 6.20% | 11.12% | -12.94% |
Correlation
The correlation between IE3E.DE and SYBS.DE is 0.25, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.25 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.31 |
Correlation (All Time) Calculated using the full available price history since May 27, 2022 | 0.33 |
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Return for Risk
IE3E.DE vs. SYBS.DE — Risk / Return Rank
IE3E.DE
SYBS.DE
IE3E.DE vs. SYBS.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 Sterling Corporate Bond UCITS ETF (SYBS.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.
| IE3E.DE | SYBS.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.48 | ||
| Sortino ratioReturn per unit of downside risk | +0.73 | ||
| Omega ratioGain probability vs. loss probability | 1.24 | 1.09 | +0.14 |
| Calmar ratioReturn relative to maximum drawdown | 1.86 | 0.91 | +0.95 |
| Martin ratioReturn relative to average drawdown | 7.04 | 2.21 | +4.84 |
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Drawdowns
IE3E.DE vs. SYBS.DE - Drawdown Comparison
The maximum IE3E.DE drawdown since its inception was -3.18%, smaller than the maximum SYBS.DE drawdown of -32.65%. Use the drawdown chart below to compare losses from any high point for IE3E.DE and SYBS.DE.
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Drawdown Indicators
| IE3E.DE | SYBS.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -3.18% | -32.65% | +29.47% |
Max Drawdown (1Y)Largest decline over 1 year | -1.08% | -3.90% | +2.82% |
Max Drawdown (3Y)Largest decline over 3 years | -1.08% | -7.54% | +6.46% |
Max Drawdown (5Y)Largest decline over 5 years | — | -32.65% | — |
Max Drawdown (10Y)Largest decline over 10 years | — | -32.65% | — |
Current DrawdownCurrent decline from peak | 0.00% | -7.25% | +7.25% |
Average DrawdownAverage peak-to-trough decline | -0.58% | -8.21% | +7.63% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 0.29% | 1.49% | -1.20% |
Volatility
IE3E.DE vs. SYBS.DE - Volatility Comparison
The current volatility for iShares EUR Corporate Bond 0-3yr ESG UCITS ETF EUR Acc (IE3E.DE) is 0.58%, while SPDR Bloomberg Sterling Corporate Bond UCITS ETF (SYBS.DE) has a volatility of 1.52%. This indicates that IE3E.DE experiences smaller price fluctuations and is considered to be less risky than SYBS.DE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| IE3E.DE | SYBS.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 0.58% | 1.52% | -0.94% |
Volatility (6M)Calculated over the trailing 6-month period | 1.68% | 5.52% | -3.84% |
Volatility (1Y)Calculated over the trailing 1-year period | 2.03% | 6.93% | -4.90% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 2.05% | 9.54% | -7.49% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 2.05% | 9.63% | -7.58% |
IE3E.DE vs. SYBS.DE - Expense Ratio Comparison
IE3E.DE has a 0.12% expense ratio, which is lower than SYBS.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%.
Dividends
IE3E.DE vs. SYBS.DE - Dividend Comparison
IE3E.DE has not paid dividends to shareholders, while SYBS.DE's dividend yield for the trailing twelve months is around 4.53%.
| Position | 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% |
SYBS.DE SPDR Bloomberg Sterling Corporate Bond UCITS ETF | 4.53% | 4.50% | 4.01% | 3.29% | 2.96% | 2.21% | 2.49% | 2.40% | 2.75% | 3.14% | 3.40% | 3.54% |
Frequently Asked Questions
IE3E.DE and SYBS.DE have a correlation of 0.25, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, IE3E.DE is cheaper at 0.12% per year. The better choice depends on whether you care most about return, fees, risk, or income.
IE3E.DE is cheaper with a 0.12% expense ratio, compared with 0.20% for SYBS.DE.
IE3E.DE tracks Bloomberg MSCI Euro Corporate 0-3 Sustainable SRI, while SYBS.DE tracks Bloomberg Sterling Corporate Bond. They also come from different issuers: iShares and State Street. Their fees differ too: 0.12% for IE3E.DE and 0.20% for SYBS.DE.
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