IESG.L vs. SUOG.L
IESG.L (iShares MSCI Europe SRI UCITS ETF) and SUOG.L (iShares EUR Corporate Bond ESG SRI UCITS ETF GBP Hedged (Dist)) are both exchange-traded funds - IESG.L is a ESG fund tracking the MSCI Europe SRI Select Reduced Fossil Fuel Index, while SUOG.L is a European Corporate Bonds fund tracking the Bloomberg MSCI Euro Corporate ESG SRI Index. Both are passively managed. Over the past 5 years, IESG.L returned 5.24%/yr vs 1.27%/yr for SUOG.L. At a 0.29 correlation, their price movements are largely independent. IESG.L charges 0.20%/yr vs 0.16%/yr for SUOG.L.
Performance
IESG.L vs. SUOG.L - Performance Comparison
Loading charts...
Different Trading Currencies
IESG.L is traded in GBp, while SUOG.L is traded in GBP. To make them comparable, the SUOG.L values have been converted to GBp using the latest available exchange rates.
Returns By Period
In the year-to-date period, IESG.L achieves a 7.43% return, which is significantly higher than SUOG.L's 1.37% return.
IESG.L
- 1D
- -0.35%
- 1M
- -1.16%
- 6M
- 4.35%
- YTD
- 7.43%
- 1Y
- 9.06%
- 3Y*
- 7.76%
- 5Y*
- 5.24%
- 10Y*
- 8.44%
SUOG.L
- 1D
- 0.00%
- 1M
- -0.41%
- 6M
- 0.96%
- YTD
- 1.37%
- 1Y
- 3.25%
- 3Y*
- 5.85%
- 5Y*
- 1.27%
- 10Y*
- —
IESG.L vs. SUOG.L - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | |
|---|---|---|---|---|---|---|---|---|
IESG.L iShares MSCI Europe SRI UCITS ETF | 7.43% | 8.44% | 0.88% | 14.27% | -9.89% | 18.85% | 9.51% | 2.30% |
SUOG.L iShares EUR Corporate Bond ESG SRI UCITS ETF GBP Hedged (Dist) | 1.37% | 5.20% | 5.41% | 8.90% | -12.32% | -0.54% | 2.78% | -0.07% |
Correlation
The correlation between IESG.L and SUOG.L is 0.53, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.53 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.36 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.30 |
Correlation (All Time) Calculated using the full available price history since Jul 30, 2019 | 0.29 |
Over the past year, IESG.L and SUOG.L have become more correlated (0.53) than their long-term average of 0.29, meaning their price movements have been converging.
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Return for Risk
IESG.L vs. SUOG.L — Risk / Return Rank
IESG.L
SUOG.L
IESG.L vs. SUOG.L - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for iShares MSCI Europe SRI UCITS ETF (IESG.L) and iShares EUR Corporate Bond ESG SRI UCITS ETF GBP Hedged (Dist) (SUOG.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.
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.
| IESG.L | SUOG.L | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.23 | ||
| Sortino ratioReturn per unit of downside risk | -0.36 | ||
| Omega ratioGain probability vs. loss probability | 1.13 | 1.19 | -0.06 |
| Calmar ratioReturn relative to maximum drawdown | 0.80 | 1.33 | -0.54 |
| Martin ratioReturn relative to average drawdown | 2.63 | 4.95 | -2.32 |
Loading charts...
Drawdowns
IESG.L vs. SUOG.L - Drawdown Comparison
The maximum IESG.L drawdown since its inception was -33.61%, which is greater than SUOG.L's maximum drawdown of -16.15%. Use the drawdown chart below to compare losses from any high point for IESG.L and SUOG.L.
Loading charts...
Drawdown Indicators
| IESG.L | SUOG.L | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -33.61% | -16.15% | -17.46% |
Max Drawdown (1Y)Largest decline over 1 year | -11.32% | -2.43% | -8.89% |
Max Drawdown (3Y)Largest decline over 3 years | -15.07% | -2.43% | -12.64% |
Max Drawdown (5Y)Largest decline over 5 years | -20.77% | -16.15% | -4.62% |
Max Drawdown (10Y)Largest decline over 10 years | -25.95% | — | — |
Current DrawdownCurrent decline from peak | -2.33% | -0.82% | -1.51% |
Average DrawdownAverage peak-to-trough decline | -6.95% | -4.07% | -2.88% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 3.44% | 0.65% | +2.79% |
Volatility
IESG.L vs. SUOG.L - Volatility Comparison
iShares MSCI Europe SRI UCITS ETF (IESG.L) has a higher volatility of 3.49% compared to iShares EUR Corporate Bond ESG SRI UCITS ETF GBP Hedged (Dist) (SUOG.L) at 0.91%. This indicates that IESG.L's price experiences larger fluctuations and is considered to be riskier than SUOG.L based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| IESG.L | SUOG.L | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 3.49% | 0.91% | +2.58% |
Volatility (6M)Calculated over the trailing 6-month period | 10.90% | 2.85% | +8.05% |
Volatility (1Y)Calculated over the trailing 1-year period | 12.93% | 3.48% | +9.45% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 16.26% | 4.67% | +11.59% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 15.78% | 5.40% | +10.38% |
IESG.L vs. SUOG.L - Expense Ratio Comparison
IESG.L has a 0.20% expense ratio, which is higher than SUOG.L's 0.16% 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%.
Dividends
IESG.L vs. SUOG.L - Dividend Comparison
IESG.L has not paid dividends to shareholders, while SUOG.L's dividend yield for the trailing twelve months is around 3.22%.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 |
|---|---|---|---|---|---|---|---|---|
IESG.L iShares MSCI Europe SRI UCITS ETF | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
SUOG.L iShares EUR Corporate Bond ESG SRI UCITS ETF GBP Hedged (Dist) | 3.22% | 3.19% | 3.12% | 2.48% | 0.81% | 0.44% | 0.55% | 0.13% |
Frequently Asked Questions
IESG.L and SUOG.L have a correlation of 0.53, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, SUOG.L is cheaper at 0.16% per year. The better choice depends on whether you care most about return, fees, risk, or income.
SUOG.L is cheaper with a 0.16% expense ratio, compared with 0.20% for IESG.L.
IESG.L is categorized as ESG, while SUOG.L is European Corporate Bonds. IESG.L tracks MSCI Europe SRI Select Reduced Fossil Fuel Index, while SUOG.L tracks Bloomberg MSCI Euro Corporate ESG SRI Index. Their fees differ too: 0.20% for IESG.L and 0.16% for SUOG.L.
Find the right allocation for IESG.L and SUOG.L
Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Optimizer