IQQN.DE vs. 5HED.DE
IQQN.DE (iShares MSCI North America UCITS ETF) and 5HED.DE (Ossiam ESG Low Carbon Shiller Barclays CAPE® US Sector UCITS ETF 1A (USD)) are both Large Cap Blend Equities funds - IQQN.DE tracks the MSCI North America while 5HED.DE tracks the Ossiam ESG Low Carbon Shiller Barclays CAPE® US Sector. Both are passively managed. Over the past 5 years, IQQN.DE returned 13.97%/yr vs 3.34%/yr for 5HED.DE. Their correlation of 0.81 suggests significant overlap in exposure. IQQN.DE charges 0.40%/yr vs 0.75%/yr for 5HED.DE.
Performance
IQQN.DE vs. 5HED.DE - Performance Comparison
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Different Trading Currencies
IQQN.DE is traded in EUR, while 5HED.DE is traded in USD. To make them comparable, the 5HED.DE values have been converted to EUR using the latest available exchange rates.
Returns By Period
In the year-to-date period, IQQN.DE achieves a 11.09% return, which is significantly higher than 5HED.DE's -0.35% return.
IQQN.DE
- 1D
- -0.05%
- 1M
- 5.20%
- YTD
- 11.09%
- 6M
- 11.12%
- 1Y
- 25.13%
- 3Y*
- 18.64%
- 5Y*
- 13.97%
- 10Y*
- 14.38%
5HED.DE
- 1D
- 1.23%
- 1M
- 0.11%
- YTD
- -0.35%
- 6M
- 1.87%
- 1Y
- 3.58%
- 3Y*
- 1.49%
- 5Y*
- 3.34%
- 10Y*
- —
IQQN.DE vs. 5HED.DE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | |
|---|---|---|---|---|---|---|---|---|---|
IQQN.DE iShares MSCI North America UCITS ETF | 11.09% | 4.95% | 31.43% | 22.31% | -15.50% | 38.10% | 8.53% | 34.21% | -7.36% |
5HED.DE Ossiam ESG Low Carbon Shiller Barclays CAPE® US Sector UCITS ETF 1A (USD) | -0.34% | -7.59% | 10.48% | 12.57% | -11.75% | 32.56% | 12.72% | 34.00% | -5.07% |
Correlation
The correlation between IQQN.DE and 5HED.DE is 0.47, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.47 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.61 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.76 |
Correlation (All Time) Calculated using the full available price history since Jun 12, 2018 | 0.81 |
Over the past year, the correlation between IQQN.DE and 5HED.DE has dropped to 0.47 - well below their long-term average of 0.81, suggesting their price drivers have been diverging.
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Return for Risk
IQQN.DE vs. 5HED.DE — Risk / Return Rank
IQQN.DE
5HED.DE
IQQN.DE vs. 5HED.DE - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for iShares MSCI North America UCITS ETF (IQQN.DE) and Ossiam ESG Low Carbon Shiller Barclays CAPE® US Sector UCITS ETF 1A (USD) (5HED.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.
| IQQN.DE | 5HED.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +1.86 | ||
| Sortino ratioReturn per unit of downside risk | +2.45 | ||
| Omega ratioGain probability vs. loss probability | 1.40 | 1.06 | +0.34 |
| Calmar ratioReturn relative to maximum drawdown | 3.46 | 0.51 | +2.95 |
| Martin ratioReturn relative to average drawdown | 12.25 | 1.27 | +10.98 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| IQQN.DE | 5HED.DE | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 2.16 | 0.30 | +1.86 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.91 | 0.21 | +0.69 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.89 | — | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.59 | 0.48 | +0.10 |
Drawdowns
IQQN.DE vs. 5HED.DE - Drawdown Comparison
The maximum IQQN.DE drawdown since its inception was -52.40%, which is greater than 5HED.DE's maximum drawdown of -32.31%. Use the drawdown chart below to compare losses from any high point for IQQN.DE and 5HED.DE.
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Drawdown Indicators
| IQQN.DE | 5HED.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -52.40% | -32.31% | -20.09% |
Max Drawdown (1Y)Largest decline over 1 year | -7.22% | -6.99% | -0.23% |
Max Drawdown (3Y)Largest decline over 3 years | -23.46% | -21.72% | -1.74% |
Max Drawdown (5Y)Largest decline over 5 years | -23.46% | -21.72% | -1.74% |
Max Drawdown (10Y)Largest decline over 10 years | -34.38% | — | — |
Current DrawdownCurrent decline from peak | -0.35% | -11.82% | +11.47% |
Average DrawdownAverage peak-to-trough decline | -9.11% | -6.47% | -2.64% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.05% | 2.81% | -0.76% |
Volatility
IQQN.DE vs. 5HED.DE - Volatility Comparison
The current volatility for iShares MSCI North America UCITS ETF (IQQN.DE) is 2.66%, while Ossiam ESG Low Carbon Shiller Barclays CAPE® US Sector UCITS ETF 1A (USD) (5HED.DE) has a volatility of 3.80%. This indicates that IQQN.DE experiences smaller price fluctuations and is considered to be less risky than 5HED.DE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| IQQN.DE | 5HED.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 2.66% | 3.80% | -1.14% |
Volatility (6M)Calculated over the trailing 6-month period | 7.55% | 8.59% | -1.04% |
Volatility (1Y)Calculated over the trailing 1-year period | 11.56% | 11.79% | -0.23% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 15.24% | 15.58% | -0.34% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 16.09% | 17.50% | -1.41% |
IQQN.DE vs. 5HED.DE - Expense Ratio Comparison
IQQN.DE has a 0.40% expense ratio, which is lower than 5HED.DE's 0.75% expense ratio.
Dividends
IQQN.DE vs. 5HED.DE - Dividend Comparison
IQQN.DE's dividend yield for the trailing twelve months is around 0.61%, while 5HED.DE has not paid dividends to shareholders.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
5HED.DE Ossiam ESG Low Carbon Shiller Barclays CAPE® US Sector UCITS ETF 1A (USD) | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
IQQN.DE iShares MSCI North America UCITS ETF | 0.61% | 0.68% | 0.75% | 0.99% | 1.15% | 0.73% | 1.09% | 1.22% | 1.42% | 1.34% | 1.37% | 1.53% |
Frequently Asked Questions
IQQN.DE and 5HED.DE have a correlation of 0.47, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, IQQN.DE is cheaper at 0.40% per year. The better choice depends on whether you care most about return, fees, risk, or income.
IQQN.DE is cheaper with a 0.40% expense ratio, compared with 0.75% for 5HED.DE.
IQQN.DE tracks MSCI North America, while 5HED.DE tracks Ossiam ESG Low Carbon Shiller Barclays CAPE® US Sector. They also come from different issuers: iShares and Natixis. Their fees differ too: 0.40% for IQQN.DE and 0.75% for 5HED.DE.
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