IQQE.DE vs. ISCB
IQQE.DE (iShares MSCI EM UCITS ETF (Dist)) and ISCB (iShares Morningstar Small-Cap ETF) are both exchange-traded funds - IQQE.DE is a Emerging Markets Equities fund tracking the MSCI Emerging Markets, while ISCB is a Small Cap Blend Equities fund tracking the Morningstar US Small Cap Extended Index. Both are passively managed. Over the past 10 years, IQQE.DE returned 9.82%/yr vs 9.06%/yr for ISCB. At a 0.47 correlation, their price movements are largely independent. IQQE.DE charges 0.18%/yr vs 0.04%/yr for ISCB.
Performance
IQQE.DE vs. ISCB - Performance Comparison
Loading charts...
Different Trading Currencies
IQQE.DE is traded in EUR, while ISCB is traded in USD. To make them comparable, the ISCB values have been converted to EUR using the latest available exchange rates.
Returns By Period
In the year-to-date period, IQQE.DE achieves a 27.09% return, which is significantly higher than ISCB's 13.66% return. Over the past 10 years, IQQE.DE has outperformed ISCB with an annualized return of 9.82%, while ISCB has yielded a comparatively lower 9.06% annualized return.
IQQE.DE
- 1D
- -1.70%
- 1M
- 6.32%
- YTD
- 27.09%
- 6M
- 28.99%
- 1Y
- 49.76%
- 3Y*
- 20.70%
- 5Y*
- 8.39%
- 10Y*
- 9.82%
ISCB
- 1D
- 0.71%
- 1M
- 3.04%
- YTD
- 13.66%
- 6M
- 12.03%
- 1Y
- 28.60%
- 3Y*
- 14.05%
- 5Y*
- 6.88%
- 10Y*
- 9.06%
IQQE.DE vs. ISCB - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
IQQE.DE iShares MSCI EM UCITS ETF (Dist) | 27.09% | 19.76% | 13.75% | 5.63% | -14.17% | 4.20% | 7.47% | 20.26% | -11.31% | 19.90% |
ISCB iShares Morningstar Small-Cap ETF | 13.66% | -0.88% | 18.22% | 15.93% | -14.02% | 26.25% | -2.47% | 32.34% | -9.88% | -0.93% |
Correlation
The correlation between IQQE.DE and ISCB 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 | 0.40 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.43 |
Correlation (All Time) Calculated using the full available price history since Aug 28, 2007 | 0.47 |
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
IQQE.DE vs. ISCB — Risk / Return Rank
IQQE.DE
ISCB
IQQE.DE vs. ISCB - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for iShares MSCI EM UCITS ETF (Dist) (IQQE.DE) and iShares Morningstar Small-Cap ETF (ISCB). 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.
| IQQE.DE | ISCB | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +1.01 | ||
| Sortino ratioReturn per unit of downside risk | +1.25 | ||
| Omega ratioGain probability vs. loss probability | 1.50 | 1.30 | +0.19 |
| Calmar ratioReturn relative to maximum drawdown | 4.59 | 3.81 | +0.78 |
| Martin ratioReturn relative to average drawdown | 16.67 | 12.56 | +4.11 |
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
| IQQE.DE | ISCB | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 2.78 | 1.77 | +1.01 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.49 | 0.33 | +0.16 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.53 | 0.40 | +0.14 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.27 | 0.38 | -0.11 |
Drawdowns
IQQE.DE vs. ISCB - Drawdown Comparison
The maximum IQQE.DE drawdown since its inception was -59.33%, which is greater than ISCB's maximum drawdown of -54.88%. Use the drawdown chart below to compare losses from any high point for IQQE.DE and ISCB.
Loading charts...
Drawdown Indicators
| IQQE.DE | ISCB | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -59.33% | -54.88% | -4.45% |
Max Drawdown (1Y)Largest decline over 1 year | -10.78% | -7.54% | -3.24% |
Max Drawdown (3Y)Largest decline over 3 years | -19.41% | -29.31% | +9.90% |
Max Drawdown (5Y)Largest decline over 5 years | -24.02% | -29.31% | +5.29% |
Max Drawdown (10Y)Largest decline over 10 years | -31.66% | -43.20% | +11.54% |
Current DrawdownCurrent decline from peak | -2.60% | 0.00% | -2.60% |
Average DrawdownAverage peak-to-trough decline | -12.99% | -10.18% | -2.81% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.98% | 2.28% | +0.70% |
Volatility
IQQE.DE vs. ISCB - Volatility Comparison
iShares MSCI EM UCITS ETF (Dist) (IQQE.DE) has a higher volatility of 7.24% compared to iShares Morningstar Small-Cap ETF (ISCB) at 3.49%. This indicates that IQQE.DE's price experiences larger fluctuations and is considered to be riskier than ISCB based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| IQQE.DE | ISCB | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 7.24% | 3.49% | +3.75% |
Volatility (6M)Calculated over the trailing 6-month period | 15.03% | 10.98% | +4.05% |
Volatility (1Y)Calculated over the trailing 1-year period | 17.83% | 16.24% | +1.59% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 16.78% | 20.83% | -4.05% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 18.33% | 22.94% | -4.61% |
IQQE.DE vs. ISCB - Expense Ratio Comparison
IQQE.DE has a 0.18% expense ratio, which is higher than ISCB's 0.04% expense ratio. However, both funds are considered low-cost compared to the broader market, where average expense ratios usually range from 0.3% to 0.9%.
Dividends
IQQE.DE vs. ISCB - Dividend Comparison
IQQE.DE's dividend yield for the trailing twelve months is around 1.49%, more than ISCB's 1.26% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
IQQE.DE iShares MSCI EM UCITS ETF (Dist) | 1.49% | 1.87% | 2.19% | 2.34% | 2.91% | 1.99% | 1.53% | 1.75% | 1.94% | 1.42% | 1.83% | 2.22% |
ISCB iShares Morningstar Small-Cap ETF | 1.26% | 1.38% | 1.31% | 1.49% | 1.63% | 1.26% | 1.26% | 1.25% | 1.60% | 1.24% | 1.58% | 1.40% |
Frequently Asked Questions
IQQE.DE and ISCB 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.
On fees, ISCB is cheaper at 0.04% per year. The better choice depends on whether you care most about return, fees, risk, or income.
ISCB is cheaper with a 0.04% expense ratio, compared with 0.18% for IQQE.DE.
IQQE.DE is categorized as Emerging Markets Equities, while ISCB is Small Cap Blend Equities. IQQE.DE tracks MSCI Emerging Markets, while ISCB tracks Morningstar US Small Cap Extended Index. Their fees differ too: 0.18% for IQQE.DE and 0.04% for ISCB.
Find the right allocation for IQQE.DE and ISCB
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