IQQ0.DE vs. USMV
Compare and contrast key facts about iShares Edge MSCI World Minimum Volatility UCITS ETF USD (Acc) (IQQ0.DE) and iShares Edge MSCI Min Vol USA ETF (USMV).
IQQ0.DE and USMV are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. IQQ0.DE is a passively managed fund by iShares that tracks the performance of the MSCI World Minimum Volatility. It was launched on Nov 30, 2012. USMV is a passively managed fund by iShares that tracks the performance of the MSCI USA Minimum Volatility Index. It was launched on Oct 18, 2011. Both IQQ0.DE and USMV are passive ETFs, meaning that they are not actively managed but aim to replicate the performance of the underlying index as closely as possible.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: IQQ0.DE or USMV.
Key characteristics
| IQQ0.DE | USMV | |
|---|---|---|
| YTD Return | 14.49% | 17.35% |
| 1Y Return | 14.64% | 23.39% |
| 3Y Return (Ann) | 6.76% | 7.99% |
| 5Y Return (Ann) | 5.81% | 9.11% |
| Sharpe Ratio | 1.97 | 2.69 |
| Daily Std Dev | 7.71% | 8.74% |
| Max Drawdown | -28.65% | -33.10% |
| Current Drawdown | -0.99% | -1.07% |
Correlation
The correlation between IQQ0.DE and USMV is 0.52, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.
Performance
IQQ0.DE vs. USMV - Performance Comparison
In the year-to-date period, IQQ0.DE achieves a 14.49% return, which is significantly lower than USMV's 17.35% return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
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IQQ0.DE vs. USMV - Expense Ratio Comparison
IQQ0.DE has a 0.30% expense ratio, which is higher than USMV's 0.15% expense ratio.
Risk-Adjusted Performance
IQQ0.DE vs. USMV - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for iShares Edge MSCI World Minimum Volatility UCITS ETF USD (Acc) (IQQ0.DE) and iShares Edge MSCI Min Vol USA ETF (USMV). 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.
Dividends
IQQ0.DE vs. USMV - Dividend Comparison
IQQ0.DE has not paid dividends to shareholders, while USMV's dividend yield for the trailing twelve months is around 1.63%.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
IQQ0.DE iShares Edge MSCI World Minimum Volatility UCITS ETF USD (Acc) | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
USMV iShares Edge MSCI Min Vol USA ETF | 1.63% | 1.82% | 1.62% | 1.26% | 1.81% | 1.88% | 2.12% | 1.77% | 2.22% | 2.02% | 1.88% | 2.18% |
Drawdowns
IQQ0.DE vs. USMV - Drawdown Comparison
The maximum IQQ0.DE drawdown since its inception was -28.65%, smaller than the maximum USMV drawdown of -33.10%. Use the drawdown chart below to compare losses from any high point for IQQ0.DE and USMV. For additional features, visit the drawdowns tool.
Volatility
IQQ0.DE vs. USMV - Volatility Comparison
iShares Edge MSCI World Minimum Volatility UCITS ETF USD (Acc) (IQQ0.DE) has a higher volatility of 2.57% compared to iShares Edge MSCI Min Vol USA ETF (USMV) at 2.39%. This indicates that IQQ0.DE's price experiences larger fluctuations and is considered to be riskier than USMV based on this measure. The chart below showcases a comparison of their rolling one-month volatility.