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IEAC.AS vs. TRET.AS
Performance
Return for Risk
Drawdowns
Volatility
Dividends

Performance

IEAC.AS vs. TRET.AS - Performance Comparison

The chart below illustrates the hypothetical performance of a €10,000 investment in iShares Core € Corp Bond UCITS ETF (IEAC.AS) and VanEck Global Real Estate UCITS ETF (TRET.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, IEAC.AS achieves a -1.24% return, which is significantly lower than TRET.AS's 15.39% return. Over the past 10 years, IEAC.AS has underperformed TRET.AS with an annualized return of 0.62%, while TRET.AS has yielded a comparatively higher 3.78% annualized return.


IEAC.AS

1D
0.00%
1M
-1.98%
6M
-1.58%
YTD
-1.24%
1Y
-0.58%
3Y*
3.75%
5Y*
-0.49%
10Y*
0.62%
ALL TIME*
1.92%

TRET.AS

1D
0.30%
1M
7.43%
6M
12.97%
YTD
15.39%
1Y
20.35%
3Y*
10.36%
5Y*
3.99%
10Y*
3.78%
ALL TIME*
-20.94%
*Multi-year figures are annualized to reflect compound growth (CAGR)

IEAC.AS vs. TRET.AS - Yearly Performance Comparison


2026 (YTD)202520242023202220212020201920182017
IEAC.AS
iShares Core € Corp Bond UCITS ETF
-1.24%3.05%4.40%7.74%-13.63%-1.02%2.55%6.29%-1.52%2.20%
TRET.AS
VanEck Global Real Estate UCITS ETF
15.39%1.07%8.21%9.08%-21.18%40.50%-14.55%21.60%0.17%-3.69%

Correlation

The correlation between IEAC.AS and TRET.AS is 0.32, which is low. Their price movements are largely independent, making them effective diversification partners.


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

0.32

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

0.40

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

0.37

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

0.32

Correlation (All Time)
Calculated using the full available price history since Mar 9, 2011

0.25

The correlation between IEAC.AS and TRET.AS shifts across timeframes, from 0.25 (all time) to 0.40 (3 years), reflecting how their relationship changes across market environments.

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Return for Risk

IEAC.AS vs. TRET.AS — Risk / Return Rank

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

IEAC.AS
IEAC.AS Risk / Return Rank: 88
Overall Rank
IEAC.AS Sharpe Ratio Rank: 88
Sharpe Ratio Rank
IEAC.AS Sortino Ratio Rank: 88
Sortino Ratio Rank
IEAC.AS Omega Ratio Rank: 77
Omega Ratio Rank
IEAC.AS Calmar Ratio Rank: 88
Calmar Ratio Rank
IEAC.AS Martin Ratio Rank: 77
Martin Ratio Rank

TRET.AS
TRET.AS Risk / Return Rank: 6565
Overall Rank
TRET.AS Sharpe Ratio Rank: 6565
Sharpe Ratio Rank
TRET.AS Sortino Ratio Rank: 6666
Sortino Ratio Rank
TRET.AS Omega Ratio Rank: 6161
Omega Ratio Rank
TRET.AS Calmar Ratio Rank: 6767
Calmar Ratio Rank
TRET.AS Martin Ratio Rank: 6363
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.

IEAC.AS vs. TRET.AS - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for iShares Core € Corp Bond UCITS ETF (IEAC.AS) and VanEck Global Real Estate UCITS ETF (TRET.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.

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.


IEAC.ASTRET.ASDifference
Sharpe ratioReturn per unit of total volatility

-1.77

Sortino ratioReturn per unit of downside risk

-2.50

Omega ratioGain probability vs. loss probability

0.97

1.28

-0.31

Calmar ratioReturn relative to maximum drawdown

-0.22

2.49

-2.70

Martin ratioReturn relative to average drawdown

-0.69

8.22

-8.91

IEAC.AS vs. TRET.AS - Sharpe Ratio Comparison

The current IEAC.AS Sharpe Ratio is -0.16, which is lower than the TRET.AS Sharpe Ratio of 1.61. The chart below compares the historical Sharpe Ratios of IEAC.AS and TRET.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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Drawdowns

IEAC.AS vs. TRET.AS - Drawdown Comparison

The maximum IEAC.AS drawdown since its inception was -17.26%, smaller than the maximum TRET.AS drawdown of -99.20%. Use the drawdown chart below to compare losses from any high point for IEAC.AS and TRET.AS.


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Drawdown Indicators


IEAC.ASTRET.ASDifference

Max Drawdown

Largest peak-to-trough decline

-17.26%

-99.20%

+81.94%

Max Drawdown (1Y)

Largest decline over 1 year

-2.65%

-8.09%

+5.44%

Max Drawdown (3Y)

Largest decline over 3 years

-2.65%

-17.23%

+14.58%

Max Drawdown (5Y)

Largest decline over 5 years

-17.26%

-30.50%

+13.24%

Max Drawdown (10Y)

Largest decline over 10 years

-17.26%

-41.80%

+24.54%

Current Drawdown

Current decline from peak

-2.79%

-97.39%

+94.60%

Average Drawdown

Average peak-to-trough decline

-3.07%

-96.68%

+93.61%

Ulcer Index

Depth and duration of drawdowns from previous peaks

0.83%

2.46%

-1.63%

Volatility

IEAC.AS vs. TRET.AS - Volatility Comparison

The current volatility for iShares Core € Corp Bond UCITS ETF (IEAC.AS) is 1.87%, while VanEck Global Real Estate UCITS ETF (TRET.AS) has a volatility of 4.35%. This indicates that IEAC.AS experiences smaller price fluctuations and is considered to be less risky than TRET.AS based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


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Volatility by Period


IEAC.ASTRET.ASDifference

Volatility (1M)

Calculated over the trailing 1-month period

1.87%

4.35%

-2.48%

Volatility (6M)

Calculated over the trailing 6-month period

3.24%

9.98%

-6.74%

Volatility (1Y)

Calculated over the trailing 1-year period

3.53%

12.49%

-8.96%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

4.51%

14.98%

-10.47%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

4.38%

16.26%

-11.88%

IEAC.AS vs. TRET.AS - Expense Ratio Comparison

IEAC.AS has a 0.20% expense ratio, which is lower than TRET.AS's 0.25% 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

IEAC.AS vs. TRET.AS - Dividend Comparison

IEAC.AS's dividend yield for the trailing twelve months is around 1.74%, less than TRET.AS's 3.18% yield.


PositionTTM20252024202320222021202020192018201720162015
IEAC.AS
iShares Core € Corp Bond UCITS ETF
1.74%3.29%3.39%2.51%0.84%0.81%0.84%1.10%0.98%1.52%1.66%0.90%
TRET.AS
VanEck Global Real Estate UCITS ETF
3.18%3.65%3.41%3.67%4.68%1.78%4.43%3.33%4.31%3.16%3.13%2.55%

Frequently Asked Questions


IEAC.AS and TRET.AS have a correlation of 0.32, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

On fees, IEAC.AS is cheaper at 0.20% per year. The better choice depends on whether you care most about return, fees, risk, or income.

IEAC.AS is cheaper with a 0.20% expense ratio, compared with 0.25% for TRET.AS.

IEAC.AS is categorized as Corporate Bonds, while TRET.AS is REIT. IEAC.AS tracks Bloomberg Euro Corporate Bond Index, while TRET.AS tracks FTSE EPRA Nareit Global TR USD. They also come from different issuers: iShares and VanEck. Their fees differ too: 0.20% for IEAC.AS and 0.25% for TRET.AS.

Portfolio Optimizer

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