IEUR vs. EUSC

Last updated Apr 2, 2026

Compare and contrast key facts about iShares Core MSCI Europe ETF (IEUR) and WisdomTree Europe Hedged SmallCap Equity Fund (EUSC).

IEUR and EUSC are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. IEUR is a passively managed fund by iShares that tracks the performance of the MSCI Europe Investable Market Index. It was launched on Jun 10, 2014. EUSC is a passively managed fund by WisdomTree that tracks the performance of the WisdomTree Europe Hedged SmallCap Equity Index. It was launched on Mar 4, 2015. Both IEUR and EUSC are passive ETFs, meaning that they are not actively managed but aim to replicate the performance of the underlying index as closely as possible.

Performance

IEUR vs. EUSC - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in iShares Core MSCI Europe ETF (IEUR) and WisdomTree Europe Hedged SmallCap Equity Fund (EUSC). The values are adjusted to include any dividend payments, if applicable.

IEUR vs. EUSC - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
IEUR iShares Core MSCI Europe ETF	0.51%	35.67%	1.40%	19.71%	-15.90%	16.71%	5.31%	24.95%	-14.86%	26.70%
EUSC WisdomTree Europe Hedged SmallCap Equity Fund	6.05%	38.80%	10.42%	19.80%	-11.14%	23.52%	-2.92%	28.60%	-13.34%	22.25%

Returns By Period

In the year-to-date period, IEUR achieves a 0.51% return, which is significantly lower than EUSC's 6.05% return. Over the past 10 years, IEUR has underperformed EUSC with an annualized return of 9.04%, while EUSC has yielded a comparatively higher 12.18% annualized return.

IEUR

• 1D: 1.52%
• 1M: -4.73%
• YTD: 0.51%
• 6M: 4.68%
• 1Y: 22.17%
• 3Y*: 14.50%
• 5Y*: 8.72%
• 10Y*: 9.04%

EUSC

• 1D: 1.25%
• 1M: -2.00%
• YTD: 6.05%
• 6M: 10.83%
• 1Y: 32.59%
• 3Y*: 21.46%
• 5Y*: 13.76%
• 10Y*: 12.18%

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

IEUR vs. EUSC - Expense Ratio Comparison

IEUR has a 0.09% expense ratio, which is lower than EUSC's 0.58% expense ratio.

EUSC

WisdomTree Europe Hedged SmallCap Equity Fund

IEUR

iShares Core MSCI Europe ETF

Return for Risk

IEUR vs. EUSC — Risk / Return Rank

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

IEUR

IEUR Risk / Return Rank: 69
IEUR Sharpe Ratio Rank: 69
IEUR Sortino Ratio Rank: 70
IEUR Omega Ratio Rank: 68
IEUR Calmar Ratio Rank: 70
IEUR Martin Ratio Rank: 68

EUSC

EUSC Risk / Return Rank: 87
EUSC Sharpe Ratio Rank: 85
EUSC Sortino Ratio Rank: 87
EUSC Omega Ratio Rank: 89
EUSC Calmar Ratio Rank: 86
EUSC Martin Ratio Rank: 90

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.

IEUR vs. EUSC - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for iShares Core MSCI Europe ETF (IEUR) and WisdomTree Europe Hedged SmallCap Equity Fund (EUSC). 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.

	IEUR	EUSC	Difference
Sharpe ratio Return per unit of total volatility	1.25	1.77	-0.52
Sortino ratio Return per unit of downside risk	1.80	2.47	-0.66
Omega ratio Gain probability vs. loss probability	1.26	1.38	-0.13
Calmar ratio Return relative to maximum drawdown	1.86	2.77	-0.91
Martin ratio Return relative to average drawdown	7.15	12.39	-5.24
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

IEUR vs. EUSC - Sharpe Ratio Comparison

The current IEUR Sharpe Ratio is 1.25, which is comparable to the EUSC Sharpe Ratio of 1.77. The chart below compares the historical Sharpe Ratios of IEUR and EUSC, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

Sharpe Ratios by Period

	IEUR	EUSC	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	1.25	1.77	-0.52
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.50	0.90	-0.40
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.49	0.71	-0.23
Sharpe Ratio (All Time) Calculated using the full available price history	0.33	0.62	-0.29

Correlation

The correlation between IEUR and EUSC is 0.83, 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.

Dividends

IEUR vs. EUSC - Dividend Comparison

IEUR's dividend yield for the trailing twelve months is around 2.96%, more than EUSC's 2.89% yield.

	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
IEUR iShares Core MSCI Europe ETF	2.96%	2.97%	3.54%	3.17%	3.05%	2.88%	2.13%	3.26%	3.76%	2.64%	3.19%	2.79%
EUSC WisdomTree Europe Hedged SmallCap Equity Fund	2.89%	2.95%	3.99%	3.53%	5.13%	2.39%	3.42%	3.08%	2.34%	1.46%	2.60%	4.39%

Drawdowns

IEUR vs. EUSC - Drawdown Comparison

The maximum IEUR drawdown since its inception was -36.96%, smaller than the maximum EUSC drawdown of -39.28%. Use the drawdown chart below to compare losses from any high point for IEUR and EUSC.

Drawdown Indicators

	IEUR	EUSC	Difference
Max Drawdown Largest peak-to-trough decline	-36.96%	-39.28%	+2.32%
Max Drawdown (1Y) Largest decline over 1 year	-12.04%	-11.80%	-0.24%
Max Drawdown (5Y) Largest decline over 5 years	-32.75%	-24.49%	-8.26%
Max Drawdown (10Y) Largest decline over 10 years	-36.96%	-39.28%	+2.32%
Current Drawdown Current decline from peak	-7.05%	-3.39%	-3.66%
Average Drawdown Average peak-to-trough decline	-8.30%	-5.53%	-2.77%
Ulcer Index Depth and duration of drawdowns from previous peaks	3.13%	2.65%	+0.48%

Volatility

IEUR vs. EUSC - Volatility Comparison

iShares Core MSCI Europe ETF (IEUR) has a higher volatility of 7.36% compared to WisdomTree Europe Hedged SmallCap Equity Fund (EUSC) at 6.44%. This indicates that IEUR's price experiences larger fluctuations and is considered to be riskier than EUSC based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	IEUR	EUSC	Difference
Volatility (1M) Calculated over the trailing 1-month period	7.36%	6.44%	+0.92%
Volatility (6M) Calculated over the trailing 6-month period	11.03%	10.11%	+0.92%
Volatility (1Y) Calculated over the trailing 1-year period	17.81%	18.46%	-0.65%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	17.54%	15.32%	+2.22%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	18.60%	17.10%	+1.50%