IESG.L vs. SMEA.L
Compare and contrast key facts about iShares MSCI Europe SRI UCITS ETF (IESG.L) and iShares Core MSCI Europe UCITS ETF EUR (Acc) (SMEA.L).
IESG.L and SMEA.L are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. IESG.L is a passively managed fund by iShares that tracks the performance of the MSCI Europe SRI Select Reduced Fossil Fuel Index. It was launched on Feb 25, 2011. SMEA.L is a passively managed fund by iShares that tracks the performance of the MSCI Europe NR EUR. It was launched on Sep 25, 2009. Both IESG.L and SMEA.L 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: IESG.L or SMEA.L.
Key characteristics
| IESG.L | SMEA.L | |
|---|---|---|
| YTD Return | 0.46% | 2.73% |
| 1Y Return | 7.57% | 9.82% |
| 3Y Return (Ann) | 0.63% | 3.50% |
| 5Y Return (Ann) | 6.46% | 6.57% |
| 10Y Return (Ann) | 7.77% | 7.36% |
| Sharpe Ratio | 0.59 | 0.89 |
| Sortino Ratio | 0.88 | 1.30 |
| Omega Ratio | 1.10 | 1.15 |
| Calmar Ratio | 0.72 | 1.36 |
| Martin Ratio | 2.15 | 3.75 |
| Ulcer Index | 2.91% | 2.35% |
| Daily Std Dev | 10.70% | 9.91% |
| Max Drawdown | -25.95% | -28.48% |
| Current Drawdown | -8.62% | -6.49% |
Correlation
The correlation between IESG.L and SMEA.L is 0.91, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.
Performance
IESG.L vs. SMEA.L - Performance Comparison
In the year-to-date period, IESG.L achieves a 0.46% return, which is significantly lower than SMEA.L's 2.73% return. Over the past 10 years, IESG.L has outperformed SMEA.L with an annualized return of 7.77%, while SMEA.L has yielded a comparatively lower 7.36% annualized return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
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IESG.L vs. SMEA.L - Expense Ratio Comparison
IESG.L has a 0.20% expense ratio, which is higher than SMEA.L's 0.12% 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
IESG.L vs. SMEA.L - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for iShares MSCI Europe SRI UCITS ETF (IESG.L) and iShares Core MSCI Europe UCITS ETF EUR (Acc) (SMEA.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.
Dividends
IESG.L vs. SMEA.L - Dividend Comparison
Neither IESG.L nor SMEA.L has paid dividends to shareholders.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
IESG.L iShares MSCI Europe SRI UCITS ETF | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.59% |
SMEA.L iShares Core MSCI Europe 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% |
Drawdowns
IESG.L vs. SMEA.L - Drawdown Comparison
The maximum IESG.L drawdown since its inception was -25.95%, smaller than the maximum SMEA.L drawdown of -28.48%. Use the drawdown chart below to compare losses from any high point for IESG.L and SMEA.L. For additional features, visit the drawdowns tool.
Volatility
IESG.L vs. SMEA.L - Volatility Comparison
iShares MSCI Europe SRI UCITS ETF (IESG.L) has a higher volatility of 4.89% compared to iShares Core MSCI Europe UCITS ETF EUR (Acc) (SMEA.L) at 4.57%. This indicates that IESG.L's price experiences larger fluctuations and is considered to be riskier than SMEA.L based on this measure. The chart below showcases a comparison of their rolling one-month volatility.