IESE.AS vs. IUS5.DE
IESE.AS (iShares MSCI Europe SRI UCITS ETF EUR (Acc)) and IUS5.DE (iShares Global Inflation Linked Government Bond UCITS ETF USD (Acc)) are both exchange-traded funds - IESE.AS is a Europe Equities fund tracking the MSCI Europe NR EUR, while IUS5.DE is a Inflation-Protected Bonds fund tracking the Bloomberg World Government Inflation-Linked Bond. Both are passively managed. Over the past 10 years, IESE.AS returned 7.82%/yr vs 0.78%/yr for IUS5.DE. At a 0.07 correlation, their price movements are largely independent. Both charge a 0.20% expense ratio.
Performance
IESE.AS vs. IUS5.DE - Performance Comparison
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Returns By Period
In the year-to-date period, IESE.AS achieves a 6.26% return, which is significantly higher than IUS5.DE's 2.26% return. Over the past 10 years, IESE.AS has outperformed IUS5.DE with an annualized return of 7.82%, while IUS5.DE has yielded a comparatively lower 0.78% annualized return.
IESE.AS
- 1D
- -0.98%
- 1M
- 4.02%
- YTD
- 6.26%
- 6M
- 8.13%
- 1Y
- 5.45%
- 3Y*
- 6.57%
- 5Y*
- 5.21%
- 10Y*
- 7.82%
IUS5.DE
- 1D
- -0.22%
- 1M
- 0.42%
- YTD
- 2.26%
- 6M
- 1.87%
- 1Y
- 2.30%
- 3Y*
- 0.66%
- 5Y*
- -1.34%
- 10Y*
- 0.78%
IESE.AS vs. IUS5.DE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
IESE.AS iShares MSCI Europe SRI UCITS ETF EUR (Acc) | 6.26% | 2.40% | 6.46% | 16.38% | -14.87% | 27.26% | 3.74% | 29.04% | -6.71% | 11.41% |
IUS5.DE iShares Global Inflation Linked Government Bond UCITS ETF USD (Acc) | 2.26% | -3.37% | 2.59% | 1.53% | -17.29% | 12.12% | 2.24% | 10.07% | 0.53% | -4.84% |
Correlation
The correlation between IESE.AS and IUS5.DE is 0.20, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.20 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.18 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.09 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.09 |
Correlation (All Time) Calculated using the full available price history since Jun 2, 2011 | 0.07 |
The correlation between IESE.AS and IUS5.DE shifts across timeframes, from 0.07 (all time) to 0.20 (1 year), reflecting how their relationship changes across market environments.
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Return for Risk
IESE.AS vs. IUS5.DE — Risk / Return Rank
IESE.AS
IUS5.DE
IESE.AS vs. IUS5.DE - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for iShares MSCI Europe SRI UCITS ETF EUR (Acc) (IESE.AS) and iShares Global Inflation Linked Government Bond UCITS ETF USD (Acc) (IUS5.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.
| IESE.AS | IUS5.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.05 | ||
| Sortino ratioReturn per unit of downside risk | 0.00 | ||
| Omega ratioGain probability vs. loss probability | 1.08 | 1.08 | 0.00 |
| Calmar ratioReturn relative to maximum drawdown | 0.54 | 0.99 | -0.46 |
| Martin ratioReturn relative to average drawdown | 1.41 | 1.90 | -0.48 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| IESE.AS | IUS5.DE | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 0.40 | 0.46 | -0.05 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.35 | -0.16 | +0.51 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.50 | 0.10 | +0.41 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.50 | 0.43 | +0.08 |
Drawdowns
IESE.AS vs. IUS5.DE - Drawdown Comparison
The maximum IESE.AS drawdown since its inception was -33.34%, which is greater than IUS5.DE's maximum drawdown of -22.31%. Use the drawdown chart below to compare losses from any high point for IESE.AS and IUS5.DE.
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Drawdown Indicators
| IESE.AS | IUS5.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -33.34% | -22.31% | -11.03% |
Max Drawdown (1Y)Largest decline over 1 year | -10.05% | -2.31% | -7.74% |
Max Drawdown (3Y)Largest decline over 3 years | -15.79% | -8.42% | -7.37% |
Max Drawdown (5Y)Largest decline over 5 years | -23.66% | -22.31% | -1.35% |
Max Drawdown (10Y)Largest decline over 10 years | -33.34% | -22.31% | -11.03% |
Current DrawdownCurrent decline from peak | -1.88% | -17.35% | +15.47% |
Average DrawdownAverage peak-to-trough decline | -6.13% | -7.45% | +1.32% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 3.84% | 1.21% | +2.63% |
Volatility
IESE.AS vs. IUS5.DE - Volatility Comparison
iShares MSCI Europe SRI UCITS ETF EUR (Acc) (IESE.AS) has a higher volatility of 4.74% compared to iShares Global Inflation Linked Government Bond UCITS ETF USD (Acc) (IUS5.DE) at 1.89%. This indicates that IESE.AS's price experiences larger fluctuations and is considered to be riskier than IUS5.DE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| IESE.AS | IUS5.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 4.74% | 1.89% | +2.85% |
Volatility (6M)Calculated over the trailing 6-month period | 10.86% | 3.78% | +7.08% |
Volatility (1Y)Calculated over the trailing 1-year period | 13.40% | 5.02% | +8.38% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 14.49% | 8.56% | +5.93% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 15.29% | 7.94% | +7.35% |
IESE.AS vs. IUS5.DE - Expense Ratio Comparison
Both IESE.AS and IUS5.DE have an expense ratio of 0.20%, making them cost-effective options compared to the broader market, where average expense ratios typically range from 0.3% to 0.9%.
Dividends
IESE.AS vs. IUS5.DE - Dividend Comparison
Neither IESE.AS nor IUS5.DE has paid dividends to shareholders.
Frequently Asked Questions
IESE.AS and IUS5.DE have a correlation of 0.20, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
Both ETFs have the same 0.20% expense ratio. The better choice depends on whether you care most about return, fees, risk, or income.
IESE.AS and IUS5.DE have the same expense ratio: 0.20% per year.
IESE.AS is categorized as Europe Equities, while IUS5.DE is Inflation-Protected Bonds. IESE.AS tracks MSCI Europe NR EUR, while IUS5.DE tracks Bloomberg World Government Inflation-Linked Bond.
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