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IOO.AX vs. ESGI.AX
Performance
Return for Risk
Drawdowns
Volatility
Dividends

IOO.AX vs. ESGI.AX

Last updated Jul 16, 2026
Documentation

IOO.AX (iShares Global 100 ETF (AU)) and ESGI.AX (VanEck MSCI International Sustainable Equity ETF) are both Global Equities funds - IOO.AX tracks the iShares Global 100 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, IOO.AX returned 17.16%/yr vs 10.39%/yr for ESGI.AX. A 0.67 correlation means they provide meaningful diversification when combined.

Performance

IOO.AX vs. ESGI.AX - Performance Comparison

The chart below illustrates the hypothetical performance of a A$10,000 investment in iShares Global 100 ETF (AU) (IOO.AX) and VanEck MSCI International Sustainable Equity ETF (ESGI.AX). The values are adjusted to include any dividend payments, if applicable.

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Returns By Period

The year-to-date returns for both investments are quite close, with IOO.AX having a 6.22% return and ESGI.AX slightly higher at 6.43%.

IOO.AX

1D
0.78%
1M
2.15%
6M
5.15%
YTD
6.22%
1Y
20.46%
3Y*
22.02%
5Y*
17.16%
10Y*
26.65%

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)

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

2026 (YTD)20252024202320222021202020192018
IOO.AX
iShares Global 100 ETF (AU)		6.22%17.51%38.35%26.79%-9.28%33.94%8.50%31.60%107.70%
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 IOO.AX and ESGI.AX is 0.50, 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

0.50

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

0.64

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

0.71

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

0.67

The correlation between IOO.AX and ESGI.AX shifts across timeframes, from 0.50 (1 year) to 0.71 (5 years), reflecting how their relationship changes across market environments.

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iShares Global 100 ETF (AU)

VanEck MSCI International Sustainable Equity ETF

Return for Risk

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

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.
IOO.AX
IOO.AX Risk / Return Rank: 5050
Overall Rank
IOO.AX Sharpe Ratio Rank: 5959
Sharpe Ratio Rank
IOO.AX Sortino Ratio Rank: 5757
Sortino Ratio Rank
IOO.AX Omega Ratio Rank: 6060
Omega Ratio Rank
IOO.AX Calmar Ratio Rank: 3737
Calmar Ratio Rank
IOO.AX Martin Ratio Rank: 3636
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.

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

This table presents a comparison of risk-adjusted performance metrics for iShares Global 100 ETF (AU) (IOO.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.

IOO.AXESGI.AXDifference
Sharpe ratioReturn per unit of total volatility
1.61
0.62

+0.99

Sortino ratioReturn per unit of downside risk
2.22
0.98

+1.24

Omega ratioGain probability vs. loss probability

1.30

1.12

+0.18

Calmar ratioReturn relative to maximum drawdown

1.57

0.60

+0.98

Martin ratioReturn relative to average drawdown

4.45

1.38

+3.08

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

The current IOO.AX Sharpe Ratio is 1.61, which is higher than the ESGI.AX Sharpe Ratio of 0.62. The chart below compares the historical Sharpe Ratios of IOO.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.

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Drawdowns

IOO.AX vs. ESGI.AX - Drawdown Comparison

The maximum IOO.AX drawdown since its inception was -31.99%, 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 IOO.AX and ESGI.AX.

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Drawdown Indicators

IOO.AXESGI.AXDifference

Max Drawdown

Largest peak-to-trough decline

-31.99%

-22.88%

-9.11%

Max Drawdown (1Y)

Largest decline over 1 year

-12.31%

-14.92%

+2.61%

Max Drawdown (3Y)

Largest decline over 3 years

-16.21%

-14.92%

-1.29%

Max Drawdown (5Y)

Largest decline over 5 years

-17.02%

-19.38%

+2.36%

Max Drawdown (10Y)

Largest decline over 10 years

-22.18%

—

—

Current Drawdown

Current decline from peak

0.00%

-1.00%

+1.00%

Average Drawdown

Average peak-to-trough decline

-6.80%

-4.51%

-2.29%

Ulcer Index

Depth and duration of drawdowns from previous peaks

4.44%

6.53%

-2.09%

Volatility

IOO.AX vs. ESGI.AX - Volatility Comparison

iShares Global 100 ETF (AU) (IOO.AX) and VanEck MSCI International Sustainable Equity ETF (ESGI.AX) have volatilities of 3.74% and 3.61%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.

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Volatility by Period

IOO.AXESGI.AXDifference

Volatility (1M)

Calculated over the trailing 1-month period

3.74%

3.61%

+0.13%

Volatility (6M)

Calculated over the trailing 6-month period

9.22%

12.18%

-2.96%

Volatility (1Y)

Calculated over the trailing 1-year period

12.07%

14.33%

-2.26%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

13.90%

13.00%

+0.90%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

34.54%

13.86%

+20.68%

Dividends

IOO.AX vs. ESGI.AX - Dividend Comparison

IOO.AX's dividend yield for the trailing twelve months is around 0.92%, less 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%
IOO.AX
iShares Global 100 ETF (AU)		0.92%0.77%0.51%1.90%3.18%1.85%1.89%3.35%1.22%6.14%3.68%5.90%

Frequently Asked Questions

IOO.AX and ESGI.AX have a correlation of 0.50, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

IOO.AX tracks iShares Global 100 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.

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