IGSG.AS vs. IMAE.AS
IGSG.AS (iShares Dow Jones Global Sustainability Screened UCITS ETF) and IMAE.AS (iShares Core MSCI Europe UCITS ETF EUR (Acc)) are both exchange-traded funds - IGSG.AS is a Global Equities fund tracking the MSCI ACWI NR USD, while IMAE.AS is a Europe Equities fund tracking the MSCI Europe NR EUR. Both are passively managed. Over the past 10 years, IGSG.AS returned 12.01%/yr vs 9.17%/yr for IMAE.AS. A 0.80 correlation means they provide meaningful diversification when combined. IGSG.AS charges 0.60%/yr vs 0.20%/yr for IMAE.AS.
Performance
IGSG.AS vs. IMAE.AS - Performance Comparison
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Returns By Period
In the year-to-date period, IGSG.AS achieves a 10.10% return, which is significantly higher than IMAE.AS's 7.51% return. Over the past 10 years, IGSG.AS has outperformed IMAE.AS with an annualized return of 12.01%, while IMAE.AS has yielded a comparatively lower 9.17% annualized return.
IGSG.AS
- 1D
- 0.07%
- 1M
- 5.16%
- YTD
- 10.10%
- 6M
- 11.53%
- 1Y
- 21.22%
- 3Y*
- 14.82%
- 5Y*
- 11.67%
- 10Y*
- 12.01%
IMAE.AS
- 1D
- 0.53%
- 1M
- 3.33%
- YTD
- 7.51%
- 6M
- 9.82%
- 1Y
- 16.13%
- 3Y*
- 13.66%
- 5Y*
- 9.96%
- 10Y*
- 9.17%
IGSG.AS vs. IMAE.AS - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
IGSG.AS iShares Dow Jones Global Sustainability Screened UCITS ETF | 10.10% | 8.59% | 18.22% | 22.31% | -12.70% | 31.66% | 4.00% | 28.06% | -4.00% | 7.54% |
IMAE.AS iShares Core MSCI Europe UCITS ETF EUR (Acc) | 7.51% | 19.74% | 8.89% | 15.99% | -9.31% | 25.66% | -3.06% | 25.45% | -9.65% | 10.15% |
Correlation
The correlation between IGSG.AS and IMAE.AS is 0.77, 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 | 0.77 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.74 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.79 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.84 |
Correlation (All Time) Calculated using the full available price history since Feb 28, 2011 | 0.80 |
The correlation between IGSG.AS and IMAE.AS shifts across timeframes, from 0.73 (3 years) to 0.84 (10 years), reflecting how their relationship changes across market environments.
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Return for Risk
IGSG.AS vs. IMAE.AS — Risk / Return Rank
IGSG.AS
IMAE.AS
IGSG.AS vs. IMAE.AS - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for iShares Dow Jones Global Sustainability Screened UCITS ETF (IGSG.AS) and iShares Core MSCI Europe UCITS ETF EUR (Acc) (IMAE.AS). 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.
| IGSG.AS | IMAE.AS | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.64 | ||
| Sortino ratioReturn per unit of downside risk | +0.82 | ||
| Omega ratioGain probability vs. loss probability | 1.35 | 1.24 | +0.11 |
| Calmar ratioReturn relative to maximum drawdown | 2.94 | 1.68 | +1.26 |
| Martin ratioReturn relative to average drawdown | 11.26 | 6.22 | +5.04 |
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
| IGSG.AS | IMAE.AS | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.89 | 1.25 | +0.64 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.85 | 0.69 | +0.16 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.73 | 0.58 | +0.15 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.12 | 0.53 | -0.41 |
Drawdowns
IGSG.AS vs. IMAE.AS - Drawdown Comparison
The maximum IGSG.AS drawdown since its inception was -44.01%, which is greater than IMAE.AS's maximum drawdown of -35.60%. Use the drawdown chart below to compare losses from any high point for IGSG.AS and IMAE.AS.
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Drawdown Indicators
| IGSG.AS | IMAE.AS | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -44.01% | -35.60% | -8.41% |
Max Drawdown (1Y)Largest decline over 1 year | -7.12% | -9.47% | +2.35% |
Max Drawdown (3Y)Largest decline over 3 years | -19.27% | -16.51% | -2.76% |
Max Drawdown (5Y)Largest decline over 5 years | -19.27% | -19.44% | +0.17% |
Max Drawdown (10Y)Largest decline over 10 years | -32.91% | -35.60% | +2.69% |
Current DrawdownCurrent decline from peak | -0.36% | -1.69% | +1.33% |
Average DrawdownAverage peak-to-trough decline | -11.77% | -5.32% | -6.45% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.87% | 2.56% | -0.69% |
Volatility
IGSG.AS vs. IMAE.AS - Volatility Comparison
The current volatility for iShares Dow Jones Global Sustainability Screened UCITS ETF (IGSG.AS) is 3.31%, while iShares Core MSCI Europe UCITS ETF EUR (Acc) (IMAE.AS) has a volatility of 4.39%. This indicates that IGSG.AS experiences smaller price fluctuations and is considered to be less risky than IMAE.AS based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| IGSG.AS | IMAE.AS | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 3.31% | 4.39% | -1.08% |
Volatility (6M)Calculated over the trailing 6-month period | 8.47% | 10.62% | -2.15% |
Volatility (1Y)Calculated over the trailing 1-year period | 11.06% | 12.76% | -1.70% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 13.54% | 14.15% | -0.61% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 16.26% | 15.54% | +0.72% |
IGSG.AS vs. IMAE.AS - Expense Ratio Comparison
IGSG.AS has a 0.60% expense ratio, which is higher than IMAE.AS's 0.20% expense ratio.
Dividends
IGSG.AS vs. IMAE.AS - Dividend Comparison
Neither IGSG.AS nor IMAE.AS has paid dividends to shareholders.
Frequently Asked Questions
IGSG.AS and IMAE.AS have a correlation of 0.77, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, IMAE.AS is cheaper at 0.20% per year. The better choice depends on whether you care most about return, fees, risk, or income.
IMAE.AS is cheaper with a 0.20% expense ratio, compared with 0.60% for IGSG.AS.
IGSG.AS is categorized as Global Equities, while IMAE.AS is Europe Equities. IGSG.AS tracks MSCI ACWI NR USD, while IMAE.AS tracks MSCI Europe NR EUR. Their fees differ too: 0.60% for IGSG.AS and 0.20% for IMAE.AS.
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