IEAC.AS vs. AYEM.DE
Compare and contrast key facts about iShares Core € Corp Bond UCITS ETF (IEAC.AS) and iShares MSCI EM IMI ESG Screened UCITS ETF USD (Acc) (AYEM.DE).
IEAC.AS and AYEM.DE are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. IEAC.AS is a passively managed fund by iShares that tracks the performance of the Bloomberg Euro Corporate Bond Index. It was launched on Mar 6, 2009. AYEM.DE is a passively managed fund by iShares that tracks the performance of the MSCI Emerging Markets IMI ESG Screened. It was launched on Oct 19, 2018. Both IEAC.AS and AYEM.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.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: IEAC.AS or AYEM.DE.
Key characteristics
| IEAC.AS | AYEM.DE | |
|---|---|---|
| YTD Return | -1.83% | 8.55% |
| 1Y Return | 3.28% | 16.13% |
| 3Y Return (Ann) | -2.97% | -0.32% |
| 5Y Return (Ann) | -1.05% | 3.50% |
| Sharpe Ratio | 0.88 | 1.19 |
| Daily Std Dev | 4.31% | 12.48% |
| Max Drawdown | -17.26% | -31.19% |
| Current Drawdown | -10.17% | -8.06% |
Correlation
The correlation between IEAC.AS and AYEM.DE is 0.42, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.
Performance
IEAC.AS vs. AYEM.DE - Performance Comparison
In the year-to-date period, IEAC.AS achieves a -1.83% return, which is significantly lower than AYEM.DE's 8.55% return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
IEAC.AS vs. AYEM.DE - Expense Ratio Comparison
IEAC.AS has a 0.20% expense ratio, which is higher than AYEM.DE's 0.18% expense ratio. However, both funds are considered low-cost compared to the broader market, where average expense ratios usually range from 0.3% to 0.9%.
Risk-Adjusted Performance
IEAC.AS vs. AYEM.DE - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for iShares Core € Corp Bond UCITS ETF (IEAC.AS) and iShares MSCI EM IMI ESG Screened UCITS ETF USD (Acc) (AYEM.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.
Dividends
IEAC.AS vs. AYEM.DE - Dividend Comparison
IEAC.AS's dividend yield for the trailing twelve months is around 3.21%, while AYEM.DE has not paid dividends to shareholders.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
IEAC.AS iShares Core € Corp Bond UCITS ETF | 3.21% | 2.51% | 0.84% | 0.81% | 0.84% | 1.10% | 0.98% | 1.52% | 1.66% | 0.90% | 2.22% | 2.62% |
AYEM.DE iShares MSCI EM IMI ESG Screened UCITS ETF USD (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% |
Drawdowns
IEAC.AS vs. AYEM.DE - Drawdown Comparison
The maximum IEAC.AS drawdown since its inception was -17.26%, smaller than the maximum AYEM.DE drawdown of -31.19%. Use the drawdown chart below to compare losses from any high point for IEAC.AS and AYEM.DE. For additional features, visit the drawdowns tool.
Volatility
IEAC.AS vs. AYEM.DE - Volatility Comparison
The current volatility for iShares Core € Corp Bond UCITS ETF (IEAC.AS) is 2.40%, while iShares MSCI EM IMI ESG Screened UCITS ETF USD (Acc) (AYEM.DE) has a volatility of 4.70%. This indicates that IEAC.AS experiences smaller price fluctuations and is considered to be less risky than AYEM.DE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.