IEFQ.L vs. CSKR.L

Last updated Jun 5, 2026

IEFQ.L (iShares Edge MSCIope Quality Factor UCITS) and CSKR.L (iShares MSCI Korea UCITS ETF (Acc)) are both exchange-traded funds - IEFQ.L is a Europe Equities fund tracking the MSCI Europe NR EUR, while CSKR.L is a Asia Pacific Equities fund tracking the MSCI Korea NR USD. Both are passively managed. Over the past 10 years, IEFQ.L returned 8.84%/yr vs 17.87%/yr for CSKR.L. At a 0.41 correlation, their price movements are largely independent. IEFQ.L charges 0.25%/yr vs 0.65%/yr for CSKR.L.

Performance

IEFQ.L vs. CSKR.L - Performance Comparison

The chart below illustrates the hypothetical performance of a £10,000 investment in iShares Edge MSCIope Quality Factor UCITS (IEFQ.L) and iShares MSCI Korea UCITS ETF (Acc) (CSKR.L). The values are adjusted to include any dividend payments, if applicable.

Different Trading Currencies

IEFQ.L is traded in GBp, while CSKR.L is traded in USD. To make them comparable, the CSKR.L values have been converted to GBp using the latest available exchange rates.

Returns By Period

In the year-to-date period, IEFQ.L achieves a 3.66% return, which is significantly lower than CSKR.L's 107.20% return. Over the past 10 years, IEFQ.L has underperformed CSKR.L with an annualized return of 8.84%, while CSKR.L has yielded a comparatively higher 17.87% annualized return.

IEFQ.L

• 1D: 0.91%
• 1M: 1.52%
• YTD: 3.66%
• 6M: 4.93%
• 1Y: 9.60%
• 3Y*: 7.89%
• 5Y*: 6.05%
• 10Y*: 8.84%

CSKR.L

• 1D: -4.80%
• 1M: 16.83%
• YTD: 107.20%
• 6M: 125.38%
• 1Y: 235.82%
• 3Y*: 45.39%
• 5Y*: 19.76%
• 10Y*: 17.87%

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

IEFQ.L vs. CSKR.L - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
IEFQ.L iShares Edge MSCIope Quality Factor UCITS	3.66%	14.94%	-0.69%	12.31%	-6.34%	18.16%	6.81%	24.09%	-5.79%	14.92%
CSKR.L iShares MSCI Korea UCITS ETF (Acc)	107.20%	85.24%	-21.31%	13.76%	-20.02%	-7.37%	40.01%	6.37%	-15.31%	31.58%

Correlation

The correlation between IEFQ.L and CSKR.L is 0.33, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.33
Correlation (3Y) Calculated over the trailing 3-year period	0.34
Correlation (5Y) Calculated over the trailing 5-year period	0.36
Correlation (10Y) Calculated over the trailing 10-year period	0.41
Correlation (All Time) Calculated using the full available price history since Jan 20, 2015	0.41

IEFQ.L vs. CSKR.L - Sectors Allocation Comparison

Sectors	IEFQ.L	CSKR.L
Financial Services	20.6%	8.8%
Industrials	19.1%	16.9%
Healthcare	14.4%	2.7%
Technology	12.0%	58.7%
Consumer Defensive	7.9%	1.2%
Consumer Cyclical	6.7%	6.4%
Basic Materials	5.6%	1.7%
Energy	4.9%	0.9%
Utilities	4.8%	0.3%
Communication Services	3.1%	2.3%
Real Estate	0.8%	-

Return for Risk

IEFQ.L vs. CSKR.L — Risk / Return Rank

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

IEFQ.L

IEFQ.L Risk / Return Rank: 24
IEFQ.L Sharpe Ratio Rank: 24
IEFQ.L Sortino Ratio Rank: 23
IEFQ.L Omega Ratio Rank: 24
IEFQ.L Calmar Ratio Rank: 22
IEFQ.L Martin Ratio Rank: 25

CSKR.L

CSKR.L Risk / Return Rank: 97
CSKR.L Sharpe Ratio Rank: 98
CSKR.L Sortino Ratio Rank: 96
CSKR.L Omega Ratio Rank: 96
CSKR.L Calmar Ratio Rank: 97
CSKR.L Martin Ratio Rank: 96

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.

IEFQ.L vs. CSKR.L - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for iShares Edge MSCIope Quality Factor UCITS (IEFQ.L) and iShares MSCI Korea UCITS ETF (Acc) (CSKR.L). 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.

	IEFQ.L	CSKR.L	Difference
Sharpe ratio: Return per unit of total volatility	0.84	6.19	-5.35
Sortino ratio: Return per unit of downside risk	1.22	5.62	-4.40
Omega ratio: Gain probability vs. loss probability	1.15	1.83	-0.67
Calmar ratio: Return relative to maximum drawdown	0.99	10.81	-9.82
Martin ratio: Return relative to average drawdown	3.18	38.46	-35.29
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

IEFQ.L vs. CSKR.L - Sharpe Ratio Comparison

The current IEFQ.L Sharpe Ratio is 0.84, which is lower than the CSKR.L Sharpe Ratio of 6.19. The chart below compares the historical Sharpe Ratios of IEFQ.L and CSKR.L, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Sharpe Ratios by Period

	IEFQ.L	CSKR.L	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	0.84	6.19	-5.35
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.45	0.73	-0.29
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.62	0.77	-0.15
Sharpe Ratio (All Time) Calculated using the full available price history	0.60	0.65	-0.06

Drawdowns

IEFQ.L vs. CSKR.L - Drawdown Comparison

The maximum IEFQ.L drawdown since its inception was -26.38%, smaller than the maximum CSKR.L drawdown of -44.32%. Use the drawdown chart below to compare losses from any high point for IEFQ.L and CSKR.L.

Drawdown Indicators

	IEFQ.L	CSKR.L	Difference
Max Drawdown Largest peak-to-trough decline	-26.38%	-44.32%	+17.94%
Max Drawdown (1Y) Largest decline over 1 year	-9.67%	-21.66%	+11.99%
Max Drawdown (3Y) Largest decline over 3 years	-11.47%	-28.94%	+17.47%
Max Drawdown (5Y) Largest decline over 5 years	-17.73%	-41.04%	+23.31%
Max Drawdown (10Y) Largest decline over 10 years	-26.38%	-44.32%	+17.94%
Current Drawdown Current decline from peak	-3.33%	-5.57%	+2.24%
Average Drawdown Average peak-to-trough decline	-4.00%	-17.89%	+13.89%
Ulcer Index Depth and duration of drawdowns from previous peaks	3.02%	6.10%	-3.08%

Volatility

IEFQ.L vs. CSKR.L - Volatility Comparison

The current volatility for iShares Edge MSCIope Quality Factor UCITS (IEFQ.L) is 3.63%, while iShares MSCI Korea UCITS ETF (Acc) (CSKR.L) has a volatility of 17.72%. This indicates that IEFQ.L experiences smaller price fluctuations and is considered to be less risky than CSKR.L based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	IEFQ.L	CSKR.L	Difference
Volatility (1M) Calculated over the trailing 1-month period	3.63%	17.72%	-14.09%
Volatility (6M) Calculated over the trailing 6-month period	9.39%	33.18%	-23.79%
Volatility (1Y) Calculated over the trailing 1-year period	11.46%	37.90%	-26.44%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	13.52%	27.66%	-14.14%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	14.26%	28.22%	-13.96%

IEFQ.L vs. CSKR.L - Expense Ratio Comparison

IEFQ.L has a 0.25% expense ratio, which is lower than CSKR.L's 0.65% expense ratio.

Dividends

IEFQ.L vs. CSKR.L - Dividend Comparison

Neither IEFQ.L nor CSKR.L has paid dividends to shareholders.

Tickers have no history of dividend payments

Frequently Asked Questions

Can I hold both IEFQ.L and CSKR.L in my portfolio?

IEFQ.L and CSKR.L have a correlation of 0.33, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, IEFQ.L or CSKR.L?

On fees, IEFQ.L is cheaper at 0.25% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, IEFQ.L or CSKR.L?

IEFQ.L is cheaper with a 0.25% expense ratio, compared with 0.65% for CSKR.L.

What is the main difference between IEFQ.L and CSKR.L?

IEFQ.L is categorized as Europe Equities, while CSKR.L is Asia Pacific Equities. IEFQ.L tracks MSCI Europe NR EUR, while CSKR.L tracks MSCI Korea NR USD. Their fees differ too: 0.25% for IEFQ.L and 0.65% for CSKR.L.