IQQI.DE vs. IXUA.DE

Last updated Jun 5, 2026

IQQI.DE (iShares Global Infrastructure UCITS ETF) and IXUA.DE (iShares MSCI World ex-USA UCITS ETF USD Acc) are both Global Equities funds from iShares - IQQI.DE tracks the FTSE Global Core Infrastructure Index while IXUA.DE tracks the MSCI World ex USA. Both are passively managed. Over the past year, IQQI.DE returned 13.12% vs 20.67% for IXUA.DE. At a 0.32 correlation, their price movements are largely independent. IQQI.DE charges 0.65%/yr vs 0.15%/yr for IXUA.DE.

Performance

IQQI.DE vs. IXUA.DE - Performance Comparison

The chart below illustrates the hypothetical performance of a €10,000 investment in iShares Global Infrastructure UCITS ETF (IQQI.DE) and iShares MSCI World ex-USA UCITS ETF USD Acc (IXUA.DE). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, IQQI.DE achieves a 10.36% return, which is significantly higher than IXUA.DE's 9.84% return.

IQQI.DE

• 1D: -1.37%
• 1M: -1.18%
• YTD: 10.36%
• 6M: 9.16%
• 1Y: 13.12%
• 3Y*: 8.46%
• 5Y*: 6.76%
• 10Y*: 6.89%

IXUA.DE

• 1D: 0.20%
• 1M: 1.58%
• YTD: 9.84%
• 6M: 11.80%
• 1Y: 20.67%
• 3Y*: —
• 5Y*: —
• 10Y*: —

*Multi-year figures are annualized to reflect compound growth (CAGR)

IQQI.DE vs. IXUA.DE - Yearly Performance Comparison

	2026 (YTD)	2025
IQQI.DE iShares Global Infrastructure UCITS ETF	10.36%	-1.63%
IXUA.DE iShares MSCI World ex-USA UCITS ETF USD Acc	9.84%	11.45%

Correlation

The correlation between IQQI.DE and IXUA.DE is 0.23, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.23
Correlation (All Time) Calculated using the full available price history since Jan 31, 2025	0.32

Return for Risk

IQQI.DE vs. IXUA.DE — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

IQQI.DE

IQQI.DE Risk / Return Rank: 38
IQQI.DE Sharpe Ratio Rank: 33
IQQI.DE Sortino Ratio Rank: 34
IQQI.DE Omega Ratio Rank: 30
IQQI.DE Calmar Ratio Rank: 52
IQQI.DE Martin Ratio Rank: 39

IXUA.DE

IXUA.DE Risk / Return Rank: 52
IXUA.DE Sharpe Ratio Rank: 50
IXUA.DE Sortino Ratio Rank: 53
IXUA.DE Omega Ratio Rank: 52
IXUA.DE Calmar Ratio Rank: 50
IXUA.DE Martin Ratio Rank: 55

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.

IQQI.DE vs. IXUA.DE - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for iShares Global Infrastructure UCITS ETF (IQQI.DE) and iShares MSCI World ex-USA UCITS ETF USD Acc (IXUA.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.

	IQQI.DE	IXUA.DE	Difference
Sharpe ratio: Return per unit of total volatility	1.17	1.71	-0.54
Sortino ratio: Return per unit of downside risk	1.75	2.51	-0.76
Omega ratio: Gain probability vs. loss probability	1.20	1.32	-0.12
Calmar ratio: Return relative to maximum drawdown	2.55	2.44	+0.11
Martin ratio: Return relative to average drawdown	6.21	9.50	-3.29
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

IQQI.DE vs. IXUA.DE - Sharpe Ratio Comparison

The current IQQI.DE Sharpe Ratio is 1.17, which is lower than the IXUA.DE Sharpe Ratio of 1.71. The chart below compares the historical Sharpe Ratios of IQQI.DE and IXUA.DE, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Sharpe Ratios by Period

	IQQI.DE	IXUA.DE	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	1.17	1.71	-0.54
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.53	—	—
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.48	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.33	1.10	-0.77

Drawdowns

IQQI.DE vs. IXUA.DE - Drawdown Comparison

The maximum IQQI.DE drawdown since its inception was -42.25%, which is greater than IXUA.DE's maximum drawdown of -16.58%. Use the drawdown chart below to compare losses from any high point for IQQI.DE and IXUA.DE.

Drawdown Indicators

	IQQI.DE	IXUA.DE	Difference
Max Drawdown Largest peak-to-trough decline	-42.25%	-16.58%	-25.67%
Max Drawdown (1Y) Largest decline over 1 year	-4.81%	-8.53%	+3.72%
Max Drawdown (3Y) Largest decline over 3 years	-14.76%	—	—
Max Drawdown (5Y) Largest decline over 5 years	-24.81%	—	—
Max Drawdown (10Y) Largest decline over 10 years	-34.15%	—	—
Current Drawdown Current decline from peak	-3.21%	-0.74%	-2.47%
Average Drawdown Average peak-to-trough decline	-11.06%	-2.09%	-8.97%
Ulcer Index Depth and duration of drawdowns from previous peaks	1.98%	2.20%	-0.22%

Volatility

IQQI.DE vs. IXUA.DE - Volatility Comparison

iShares Global Infrastructure UCITS ETF (IQQI.DE) has a higher volatility of 3.88% compared to iShares MSCI World ex-USA UCITS ETF USD Acc (IXUA.DE) at 3.28%. This indicates that IQQI.DE's price experiences larger fluctuations and is considered to be riskier than IXUA.DE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	IQQI.DE	IXUA.DE	Difference
Volatility (1M) Calculated over the trailing 1-month period	3.88%	3.28%	+0.60%
Volatility (6M) Calculated over the trailing 6-month period	8.71%	9.95%	-1.24%
Volatility (1Y) Calculated over the trailing 1-year period	10.48%	12.21%	-1.73%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	12.70%	14.74%	-2.04%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	14.23%	14.74%	-0.51%

IQQI.DE vs. IXUA.DE - Expense Ratio Comparison

IQQI.DE has a 0.65% expense ratio, which is higher than IXUA.DE's 0.15% expense ratio.

Dividends

IQQI.DE vs. IXUA.DE - Dividend Comparison

IQQI.DE's dividend yield for the trailing twelve months is around 2.09%, while IXUA.DE has not paid dividends to shareholders.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
IQQI.DE iShares Global Infrastructure UCITS ETF	2.09%	2.30%	2.28%	2.42%	2.14%	1.85%	2.25%	2.05%	2.30%	2.76%	2.64%	3.14%
IXUA.DE iShares MSCI World ex-USA 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%

Frequently Asked Questions

Can I hold both IQQI.DE and IXUA.DE in my portfolio?

IQQI.DE and IXUA.DE have a correlation of 0.23, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, IQQI.DE or IXUA.DE?

On fees, IXUA.DE is cheaper at 0.15% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, IQQI.DE or IXUA.DE?

IXUA.DE is cheaper with a 0.15% expense ratio, compared with 0.65% for IQQI.DE.

What is the main difference between IQQI.DE and IXUA.DE?

IQQI.DE tracks FTSE Global Core Infrastructure Index, while IXUA.DE tracks MSCI World ex USA. Their fees differ too: 0.65% for IQQI.DE and 0.15% for IXUA.DE.