IQQN.DE vs. SXR8.DE
IQQN.DE (iShares MSCI North America UCITS ETF) and SXR8.DE (iShares Core S&P 500 UCITS ETF USD (Acc)) are both exchange-traded funds - IQQN.DE is a Large Cap Blend Equities fund tracking the MSCI North America, while SXR8.DE is a S&P 500 fund tracking the S&P 500 Index. Both are passively managed. Over the past 10 years, IQQN.DE returned 14.38%/yr vs 14.95%/yr for SXR8.DE. With a 0.95 correlation, they move nearly in lockstep. IQQN.DE charges 0.40%/yr vs 0.07%/yr for SXR8.DE.
Performance
IQQN.DE vs. SXR8.DE - Performance Comparison
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Returns By Period
The year-to-date returns for both investments are quite close, with IQQN.DE having a 11.09% return and SXR8.DE slightly higher at 11.37%. Both investments have delivered pretty close results over the past 10 years, with IQQN.DE having a 14.38% annualized return and SXR8.DE not far ahead at 14.95%.
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%
SXR8.DE
- 1D
- -0.15%
- 1M
- 4.36%
- YTD
- 11.37%
- 6M
- 10.83%
- 1Y
- 25.54%
- 3Y*
- 18.87%
- 5Y*
- 14.77%
- 10Y*
- 14.95%
IQQN.DE vs. SXR8.DE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
IQQN.DE iShares MSCI North America UCITS ETF | 11.09% | 4.95% | 31.43% | 22.31% | -15.50% | 38.10% | 8.53% | 34.21% | -2.31% | 6.17% |
SXR8.DE iShares Core S&P 500 UCITS ETF USD (Acc) | 11.37% | 4.73% | 32.32% | 22.47% | -14.31% | 40.74% | 6.80% | 34.49% | -1.05% | 6.67% |
Correlation
The correlation between IQQN.DE and SXR8.DE is 1.00 - 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 | 1.00 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.99 |
Correlation (5Y) Calculated over the trailing 5-year period | 1.00 |
Correlation (10Y) Calculated over the trailing 10-year period | 1.00 |
Correlation (All Time) Calculated using the full available price history since May 28, 2010 | 0.95 |
The correlation between IQQN.DE and SXR8.DE has been stable across timeframes, ranging from 0.95 to 1.00 - a consistent structural relationship.
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Return for Risk
IQQN.DE vs. SXR8.DE — Risk / Return Rank
IQQN.DE
SXR8.DE
IQQN.DE vs. SXR8.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 Core S&P 500 UCITS ETF USD (Acc) (SXR8.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 | SXR8.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.04 | ||
| Sortino ratioReturn per unit of downside risk | -0.06 | ||
| Omega ratioGain probability vs. loss probability | 1.40 | 1.41 | -0.01 |
| Calmar ratioReturn relative to maximum drawdown | 3.46 | 3.58 | -0.11 |
| Martin ratioReturn relative to average drawdown | 12.25 | 12.71 | -0.46 |
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 | SXR8.DE | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 2.16 | 2.21 | -0.04 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.91 | 0.96 | -0.06 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.89 | 0.92 | -0.04 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.59 | 0.79 | -0.20 |
Drawdowns
IQQN.DE vs. SXR8.DE - Drawdown Comparison
The maximum IQQN.DE drawdown since its inception was -52.40%, which is greater than SXR8.DE's maximum drawdown of -33.78%. Use the drawdown chart below to compare losses from any high point for IQQN.DE and SXR8.DE.
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Drawdown Indicators
| IQQN.DE | SXR8.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -52.40% | -33.78% | -18.62% |
Max Drawdown (1Y)Largest decline over 1 year | -7.22% | -7.13% | -0.09% |
Max Drawdown (3Y)Largest decline over 3 years | -23.46% | -23.32% | -0.14% |
Max Drawdown (5Y)Largest decline over 5 years | -23.46% | -23.32% | -0.14% |
Max Drawdown (10Y)Largest decline over 10 years | -34.38% | -33.78% | -0.60% |
Current DrawdownCurrent decline from peak | -0.35% | -0.45% | +0.10% |
Average DrawdownAverage peak-to-trough decline | -9.11% | -5.17% | -3.94% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.05% | 2.01% | +0.04% |
Volatility
IQQN.DE vs. SXR8.DE - Volatility Comparison
iShares MSCI North America UCITS ETF (IQQN.DE) and iShares Core S&P 500 UCITS ETF USD (Acc) (SXR8.DE) have volatilities of 2.66% and 2.65%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| IQQN.DE | SXR8.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 2.66% | 2.65% | +0.01% |
Volatility (6M)Calculated over the trailing 6-month period | 7.55% | 7.57% | -0.02% |
Volatility (1Y)Calculated over the trailing 1-year period | 11.56% | 11.56% | 0.00% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 15.24% | 15.16% | +0.08% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 16.09% | 16.09% | 0.00% |
IQQN.DE vs. SXR8.DE - Expense Ratio Comparison
IQQN.DE has a 0.40% expense ratio, which is higher than SXR8.DE's 0.07% expense ratio.
Dividends
IQQN.DE vs. SXR8.DE - Dividend Comparison
IQQN.DE's dividend yield for the trailing twelve months is around 0.61%, while SXR8.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% |
SXR8.DE iShares Core S&P 500 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
With a correlation of 1.00, IQQN.DE and SXR8.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, SXR8.DE is cheaper at 0.07% per year. The better choice depends on whether you care most about return, fees, risk, or income.
SXR8.DE is cheaper with a 0.07% expense ratio, compared with 0.40% for IQQN.DE.
IQQN.DE is categorized as Large Cap Blend Equities, while SXR8.DE is S&P 500. IQQN.DE tracks MSCI North America, while SXR8.DE tracks S&P 500 Index. Their fees differ too: 0.40% for IQQN.DE and 0.07% for SXR8.DE.
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