IQQ0.DE vs. ^GSPC
Compare and contrast key facts about iShares Edge MSCI World Minimum Volatility UCITS ETF USD (Acc) (IQQ0.DE) and S&P 500 (^GSPC).
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.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: IQQ0.DE or ^GSPC.
Key characteristics
| IQQ0.DE | ^GSPC | |
|---|---|---|
| YTD Return | 14.49% | 17.79% |
| 1Y Return | 14.64% | 26.42% |
| 3Y Return (Ann) | 6.76% | 8.24% |
| 5Y Return (Ann) | 5.81% | 13.48% |
| Sharpe Ratio | 1.97 | 2.06 |
| Daily Std Dev | 7.71% | 12.69% |
| Max Drawdown | -28.65% | -56.78% |
| Current Drawdown | -0.99% | -0.86% |
Correlation
The correlation between IQQ0.DE and ^GSPC is 0.44, 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. ^GSPC - Performance Comparison
In the year-to-date period, IQQ0.DE achieves a 14.49% return, which is significantly lower than ^GSPC's 17.79% 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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Risk-Adjusted Performance
IQQ0.DE vs. ^GSPC - 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 S&P 500 (^GSPC). 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.
Drawdowns
IQQ0.DE vs. ^GSPC - Drawdown Comparison
The maximum IQQ0.DE drawdown since its inception was -28.65%, smaller than the maximum ^GSPC drawdown of -56.78%. Use the drawdown chart below to compare losses from any high point for IQQ0.DE and ^GSPC. For additional features, visit the drawdowns tool.
Volatility
IQQ0.DE vs. ^GSPC - Volatility Comparison
The current volatility for iShares Edge MSCI World Minimum Volatility UCITS ETF USD (Acc) (IQQ0.DE) is 2.57%, while S&P 500 (^GSPC) has a volatility of 3.98%. This indicates that IQQ0.DE experiences smaller price fluctuations and is considered to be less risky than ^GSPC based on this measure. The chart below showcases a comparison of their rolling one-month volatility.