IQQN.DE vs. SEC0.DE
IQQN.DE (iShares MSCI North America UCITS ETF) and SEC0.DE (iShares MSCI Global Semiconductors UCITS ETF USD (Acc)) are both exchange-traded funds - IQQN.DE is a Large Cap Blend Equities fund tracking the MSCI North America, while SEC0.DE is a Semiconductors fund tracking the MSCI ACWI IMI Semiconductors & Semiconductor Equipment ESG Screened Select Capped. Both are passively managed. Over the past 3 years, IQQN.DE returned 18.64%/yr vs 56.37%/yr for SEC0.DE. A 0.75 correlation means they provide meaningful diversification when combined. IQQN.DE charges 0.40%/yr vs 0.35%/yr for SEC0.DE.
Performance
IQQN.DE vs. SEC0.DE - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, IQQN.DE achieves a 11.09% return, which is significantly lower than SEC0.DE's 98.10% return.
IQQN.DE
- 1D
- -0.05%
- 1M
- 4.42%
- YTD
- 11.09%
- 6M
- 10.54%
- 1Y
- 24.97%
- 3Y*
- 18.64%
- 5Y*
- 13.97%
- 10Y*
- 14.38%
SEC0.DE
- 1D
- -2.85%
- 1M
- 18.95%
- YTD
- 98.10%
- 6M
- 98.14%
- 1Y
- 188.23%
- 3Y*
- 56.37%
- 5Y*
- —
- 10Y*
- —
IQQN.DE vs. SEC0.DE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|---|---|
IQQN.DE iShares MSCI North America UCITS ETF | 11.09% | 4.95% | 31.43% | 22.31% | -15.50% | 11.39% |
SEC0.DE iShares MSCI Global Semiconductors UCITS ETF USD (Acc) | 98.10% | 36.46% | 20.85% | 61.01% | -32.22% | 21.11% |
Correlation
The correlation between IQQN.DE and SEC0.DE is 0.72, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.72 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.74 |
Correlation (All Time) Calculated using the full available price history since Aug 9, 2021 | 0.75 |
The correlation between IQQN.DE and SEC0.DE has been stable across timeframes, ranging from 0.72 to 0.75 - 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
IQQN.DE vs. SEC0.DE — Risk / Return Rank
IQQN.DE
SEC0.DE
IQQN.DE vs. SEC0.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 iShares MSCI Global Semiconductors UCITS ETF USD (Acc) (SEC0.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 | SEC0.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -3.73 | ||
| Sortino ratioReturn per unit of downside risk | -2.92 | ||
| Omega ratioGain probability vs. loss probability | 1.40 | 1.75 | -0.34 |
| Calmar ratioReturn relative to maximum drawdown | 3.46 | 14.81 | -11.34 |
| Martin ratioReturn relative to average drawdown | 12.25 | 52.61 | -40.36 |
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
| IQQN.DE | SEC0.DE | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 2.16 | 5.89 | -3.73 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.91 | — | — |
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 | 1.17 | -0.58 |
Drawdowns
IQQN.DE vs. SEC0.DE - Drawdown Comparison
The maximum IQQN.DE drawdown since its inception was -52.40%, which is greater than SEC0.DE's maximum drawdown of -39.35%. Use the drawdown chart below to compare losses from any high point for IQQN.DE and SEC0.DE.
Loading charts...
Drawdown Indicators
| IQQN.DE | SEC0.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -52.40% | -39.35% | -13.05% |
Max Drawdown (1Y)Largest decline over 1 year | -7.22% | -12.90% | +5.68% |
Max Drawdown (3Y)Largest decline over 3 years | -23.46% | -39.35% | +15.89% |
Max Drawdown (5Y)Largest decline over 5 years | -23.46% | — | — |
Max Drawdown (10Y)Largest decline over 10 years | -34.38% | — | — |
Current DrawdownCurrent decline from peak | -0.35% | -2.85% | +2.50% |
Average DrawdownAverage peak-to-trough decline | -9.11% | -11.85% | +2.74% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.05% | 3.64% | -1.59% |
Volatility
IQQN.DE vs. SEC0.DE - Volatility Comparison
The current volatility for iShares MSCI North America UCITS ETF (IQQN.DE) is 2.66%, while iShares MSCI Global Semiconductors UCITS ETF USD (Acc) (SEC0.DE) has a volatility of 13.13%. This indicates that IQQN.DE experiences smaller price fluctuations and is considered to be less risky than SEC0.DE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| IQQN.DE | SEC0.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 2.66% | 13.13% | -10.47% |
Volatility (6M)Calculated over the trailing 6-month period | 7.55% | 25.14% | -17.59% |
Volatility (1Y)Calculated over the trailing 1-year period | 11.56% | 32.42% | -20.86% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 15.24% | 29.95% | -14.71% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 16.09% | 29.95% | -13.86% |
IQQN.DE vs. SEC0.DE - Expense Ratio Comparison
IQQN.DE has a 0.40% expense ratio, which is higher than SEC0.DE's 0.35% expense ratio.
Dividends
IQQN.DE vs. SEC0.DE - Dividend Comparison
IQQN.DE's dividend yield for the trailing twelve months is around 0.61%, while SEC0.DE has not paid dividends to shareholders.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
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% |
SEC0.DE iShares MSCI Global Semiconductors 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
IQQN.DE and SEC0.DE have a correlation of 0.72, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, SEC0.DE is cheaper at 0.35% per year. The better choice depends on whether you care most about return, fees, risk, or income.
SEC0.DE is cheaper with a 0.35% expense ratio, compared with 0.40% for IQQN.DE.
IQQN.DE is categorized as Large Cap Blend Equities, while SEC0.DE is Semiconductors. IQQN.DE tracks MSCI North America, while SEC0.DE tracks MSCI ACWI IMI Semiconductors & Semiconductor Equipment ESG Screened Select Capped. Their fees differ too: 0.40% for IQQN.DE and 0.35% for SEC0.DE.
Find the right allocation for IQQN.DE and SEC0.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