PortfoliosLab logoPortfoliosLab logo

Documentation

Upgrade your plan
ILC.AX vs. ESGI.AX
Performance
Return for Risk
Drawdowns
Volatility
Dividends

ILC.AX vs. ESGI.AX

Last updated Jul 16, 2026
Documentation

ILC.AX (iShares S&P/ASX 20 ETF) and ESGI.AX (VanEck MSCI International Sustainable Equity ETF) are both Global Equities funds - ILC.AX tracks the iShares S&P/ASX 20 Index while ESGI.AX tracks the MSCI World ex Australia ex Fossil Fuel Select SRI and Low Carbon Capped Index. Both are passively managed. Over the past 5 years, ILC.AX returned 8.97%/yr vs 10.39%/yr for ESGI.AX. At a 0.44 correlation, their price movements are largely independent.

Performance

ILC.AX vs. ESGI.AX - Performance Comparison

The chart below illustrates the hypothetical performance of a A$10,000 investment in iShares S&P/ASX 20 ETF (ILC.AX) and VanEck MSCI International Sustainable Equity ETF (ESGI.AX). The values are adjusted to include any dividend payments, if applicable.

Loading charts...

Returns By Period

In the year-to-date period, ILC.AX achieves a 9.65% return, which is significantly higher than ESGI.AX's 6.43% return.

ILC.AX

1D
0.12%
1M
1.00%
6M
9.35%
YTD
9.65%
1Y
10.72%
3Y*
12.47%
5Y*
8.97%
10Y*
9.58%

ESGI.AX

1D
-0.45%
1M
4.59%
6M
4.93%
YTD
6.43%
1Y
8.19%
3Y*
14.32%
5Y*
10.39%
10Y*
—
*Multi-year figures are annualized to reflect compound growth (CAGR)

ILC.AX vs. ESGI.AX - Yearly Performance Comparison

2026 (YTD)20252024202320222021202020192018
ILC.AX
iShares S&P/ASX 20 ETF		9.65%7.10%11.42%12.56%3.62%15.87%0.87%20.21%1.52%
ESGI.AX
VanEck MSCI International Sustainable Equity ETF		6.43%6.29%23.14%16.95%-7.32%24.77%4.97%28.97%-2.79%

Correlation

The correlation between ILC.AX and ESGI.AX is 0.41, which is low. Their price movements are largely independent, making them effective diversification partners.

Correlation
Correlation (1Y)
Calculated over the trailing 1-year period

0.41

Correlation (3Y)
Calculated over the trailing 3-year period

0.41

Correlation (5Y)
Calculated over the trailing 5-year period

0.47

Correlation (All Time)
Calculated using the full available price history since Mar 6, 2018

0.44

Compare stocks, funds, or ETFs

Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.

iShares S&P/ASX 20 ETF

VanEck MSCI International Sustainable Equity ETF

Return for Risk

ILC.AX vs. ESGI.AX — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.
ILC.AX
ILC.AX Risk / Return Rank: 2929
Overall Rank
ILC.AX Sharpe Ratio Rank: 2727
Sharpe Ratio Rank
ILC.AX Sortino Ratio Rank: 2626
Sortino Ratio Rank
ILC.AX Omega Ratio Rank: 2525
Omega Ratio Rank
ILC.AX Calmar Ratio Rank: 3838
Calmar Ratio Rank
ILC.AX Martin Ratio Rank: 3030
Martin Ratio Rank
ESGI.AX
ESGI.AX Risk / Return Rank: 1919
Overall Rank
ESGI.AX Sharpe Ratio Rank: 2121
Sharpe Ratio Rank
ESGI.AX Sortino Ratio Rank: 2121
Sortino Ratio Rank
ESGI.AX Omega Ratio Rank: 2020
Omega Ratio Rank
ESGI.AX Calmar Ratio Rank: 1717
Calmar Ratio Rank
ESGI.AX Martin Ratio Rank: 1717
Martin Ratio Rank
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.

ILC.AX vs. ESGI.AX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for iShares S&P/ASX 20 ETF (ILC.AX) and VanEck MSCI International Sustainable Equity ETF (ESGI.AX). 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.

ILC.AXESGI.AXDifference
Sharpe ratioReturn per unit of total volatility
0.81
0.62

+0.19

Sortino ratioReturn per unit of downside risk
1.25
0.98

+0.27

Omega ratioGain probability vs. loss probability

1.15

1.12

+0.03

Calmar ratioReturn relative to maximum drawdown

1.60

0.60

+1.01

Martin ratioReturn relative to average drawdown

3.57

1.38

+2.19

ILC.AX vs. ESGI.AX - Sharpe Ratio Comparison

The current ILC.AX Sharpe Ratio is 0.81, which is higher than the ESGI.AX Sharpe Ratio of 0.62. The chart below compares the historical Sharpe Ratios of ILC.AX and ESGI.AX, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Loading charts...

Drawdowns

ILC.AX vs. ESGI.AX - Drawdown Comparison

The maximum ILC.AX drawdown since its inception was -31.95%, which is greater than ESGI.AX's maximum drawdown of -22.88%. Use the drawdown chart below to compare losses from any high point for ILC.AX and ESGI.AX.

Loading charts...

Drawdown Indicators

ILC.AXESGI.AXDifference

Max Drawdown

Largest peak-to-trough decline

-31.95%

-22.88%

-9.07%

Max Drawdown (1Y)

Largest decline over 1 year

-7.57%

-14.92%

+7.35%

Max Drawdown (3Y)

Largest decline over 3 years

-13.62%

-14.92%

+1.30%

Max Drawdown (5Y)

Largest decline over 5 years

-14.27%

-19.38%

+5.11%

Max Drawdown (10Y)

Largest decline over 10 years

-31.95%

—

—

Current Drawdown

Current decline from peak

-1.27%

-1.00%

-0.27%

Average Drawdown

Average peak-to-trough decline

-5.43%

-4.51%

-0.92%

Ulcer Index

Depth and duration of drawdowns from previous peaks

3.44%

6.53%

-3.09%

Volatility

ILC.AX vs. ESGI.AX - Volatility Comparison

The current volatility for iShares S&P/ASX 20 ETF (ILC.AX) is 3.06%, while VanEck MSCI International Sustainable Equity ETF (ESGI.AX) has a volatility of 3.61%. This indicates that ILC.AX experiences smaller price fluctuations and is considered to be less risky than ESGI.AX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Loading charts...

Volatility by Period

ILC.AXESGI.AXDifference

Volatility (1M)

Calculated over the trailing 1-month period

3.06%

3.61%

-0.55%

Volatility (6M)

Calculated over the trailing 6-month period

10.86%

12.18%

-1.32%

Volatility (1Y)

Calculated over the trailing 1-year period

15.06%

14.33%

+0.73%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

13.78%

13.00%

+0.78%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

15.10%

13.86%

+1.24%

Dividends

ILC.AX vs. ESGI.AX - Dividend Comparison

ILC.AX's dividend yield for the trailing twelve months is around 3.73%, more than ESGI.AX's 2.71% yield.

PositionTTM20252024202320222021202020192018201720162015
ESGI.AX
VanEck MSCI International Sustainable Equity ETF		2.71%6.43%6.58%3.35%2.39%1.42%1.50%1.55%0.52%0.00%0.00%0.00%
ILC.AX
iShares S&P/ASX 20 ETF		3.73%4.04%4.49%4.01%6.95%3.91%1.96%5.38%4.99%4.99%4.55%5.50%

Frequently Asked Questions

ILC.AX and ESGI.AX have a correlation of 0.41, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

ILC.AX tracks iShares S&P/ASX 20 Index, while ESGI.AX tracks MSCI World ex Australia ex Fossil Fuel Select SRI and Low Carbon Capped Index. They also come from different issuers: iShares and VanEck.

Portfolio Optimizer

Find the right allocation for ILC.AX and ESGI.AX

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