IQQB.DE vs. LBRA.DE
IQQB.DE (iShares MSCI Brazil UCITS ETF (Dist)) and LBRA.DE (Amundi MSCI Brazil UCITS ETF Acc) are both Latin America Equities funds tracking the MSCI Brazil, from iShares and Amundi respectively. Both are passively managed. Over the past 10 years, IQQB.DE returned 7.16%/yr vs 7.63%/yr for LBRA.DE. With a 0.96 correlation, they move nearly in lockstep. IQQB.DE charges 0.74%/yr vs 0.65%/yr for LBRA.DE.
Performance
IQQB.DE vs. LBRA.DE - Performance Comparison
Loading charts...
Returns By Period
The year-to-date returns for both stocks are quite close, with IQQB.DE having a 10.83% return and LBRA.DE slightly lower at 10.59%. Over the past 10 years, IQQB.DE has underperformed LBRA.DE with an annualized return of 7.16%, while LBRA.DE has yielded a comparatively higher 7.63% annualized return.
IQQB.DE
- 1D
- -0.33%
- 1M
- -12.35%
- YTD
- 10.83%
- 6M
- 6.90%
- 1Y
- 29.09%
- 3Y*
- 7.22%
- 5Y*
- 5.89%
- 10Y*
- 7.16%
LBRA.DE
- 1D
- -0.48%
- 1M
- -11.78%
- YTD
- 10.59%
- 6M
- 7.54%
- 1Y
- 30.59%
- 3Y*
- 8.24%
- 5Y*
- 5.61%
- 10Y*
- 7.63%
IQQB.DE vs. LBRA.DE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
IQQB.DE iShares MSCI Brazil UCITS ETF (Dist) | 10.83% | 29.90% | -24.72% | 25.50% | 22.21% | -15.61% | -22.22% | 25.55% | -1.12% | 10.31% |
LBRA.DE Amundi MSCI Brazil UCITS ETF Acc | 10.59% | 32.01% | -26.48% | 29.27% | 22.98% | -14.68% | -26.84% | 30.74% | 0.23% | 8.95% |
Correlation
The correlation between IQQB.DE and LBRA.DE is 0.97 - these two move nearly in lockstep. At this level, holding both provides almost no diversification benefit. If you already own one, adding the other does little to reduce portfolio risk.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.97 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.97 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.97 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.98 |
Correlation (All Time) Calculated using the full available price history since Mar 16, 2007 | 0.96 |
The correlation between IQQB.DE and LBRA.DE has been stable across timeframes, ranging from 0.96 to 0.98 - a consistent structural relationship.
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Return for Risk
IQQB.DE vs. LBRA.DE — Risk / Return Rank
IQQB.DE
LBRA.DE
IQQB.DE vs. LBRA.DE - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for iShares MSCI Brazil UCITS ETF (Dist) (IQQB.DE) and Amundi MSCI Brazil UCITS ETF Acc (LBRA.DE). 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.
| IQQB.DE | LBRA.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.08 | ||
| Sortino ratioReturn per unit of downside risk | -0.08 | ||
| Omega ratioGain probability vs. loss probability | 1.23 | 1.25 | -0.01 |
| Calmar ratioReturn relative to maximum drawdown | 1.76 | 1.98 | -0.23 |
| Martin ratioReturn relative to average drawdown | 6.01 | 6.54 | -0.53 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
Loading charts...
Sharpe Ratios by Period
| IQQB.DE | LBRA.DE | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.34 | 1.42 | -0.08 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.23 | 0.21 | +0.01 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.23 | 0.24 | -0.01 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.08 | 0.06 | +0.02 |
Drawdowns
IQQB.DE vs. LBRA.DE - Drawdown Comparison
The maximum IQQB.DE drawdown since its inception was -69.27%, smaller than the maximum LBRA.DE drawdown of -76.26%. Use the drawdown chart below to compare losses from any high point for IQQB.DE and LBRA.DE.
Loading charts...
Drawdown Indicators
| IQQB.DE | LBRA.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -69.27% | -76.26% | +6.99% |
Max Drawdown (1Y)Largest decline over 1 year | -16.51% | -15.63% | -0.88% |
Max Drawdown (3Y)Largest decline over 3 years | -27.88% | -28.86% | +0.98% |
Max Drawdown (5Y)Largest decline over 5 years | -28.03% | -29.47% | +1.44% |
Max Drawdown (10Y)Largest decline over 10 years | -52.58% | -55.22% | +2.64% |
Current DrawdownCurrent decline from peak | -16.51% | -24.57% | +8.06% |
Average DrawdownAverage peak-to-trough decline | -28.58% | -38.24% | +9.66% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 4.83% | 4.75% | +0.08% |
Volatility
IQQB.DE vs. LBRA.DE - Volatility Comparison
The current volatility for iShares MSCI Brazil UCITS ETF (Dist) (IQQB.DE) is 5.70%, while Amundi MSCI Brazil UCITS ETF Acc (LBRA.DE) has a volatility of 6.39%. This indicates that IQQB.DE experiences smaller price fluctuations and is considered to be less risky than LBRA.DE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| IQQB.DE | LBRA.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 5.70% | 6.39% | -0.69% |
Volatility (6M)Calculated over the trailing 6-month period | 17.76% | 18.10% | -0.34% |
Volatility (1Y)Calculated over the trailing 1-year period | 21.70% | 21.90% | -0.20% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 25.87% | 26.20% | -0.33% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 31.51% | 31.81% | -0.30% |
IQQB.DE vs. LBRA.DE - Expense Ratio Comparison
IQQB.DE has a 0.74% expense ratio, which is higher than LBRA.DE's 0.65% expense ratio.
Dividends
IQQB.DE vs. LBRA.DE - Dividend Comparison
IQQB.DE's dividend yield for the trailing twelve months is around 4.36%, while LBRA.DE has not paid dividends to shareholders.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
IQQB.DE iShares MSCI Brazil UCITS ETF (Dist) | 4.36% | 4.47% | 6.44% | 5.50% | 13.94% | 6.23% | 1.92% | 2.46% | 2.55% | 1.49% | 1.74% | 3.53% |
LBRA.DE Amundi MSCI Brazil UCITS ETF 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% |
Frequently Asked Questions
With a correlation of 0.97, IQQB.DE and LBRA.DE move almost identically. Holding both adds very little diversification - you're essentially doubling your position in the same market segment. Choosing one is usually more capital-efficient.
On fees, LBRA.DE is cheaper at 0.65% per year. The better choice depends on whether you care most about return, fees, risk, or income.
LBRA.DE is cheaper with a 0.65% expense ratio, compared with 0.74% for IQQB.DE.
Both ETFs track MSCI Brazil. They also come from different issuers: iShares and Amundi. Their fees differ too: 0.74% for IQQB.DE and 0.65% for LBRA.DE.
Find the right allocation for IQQB.DE and LBRA.DE
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