IQQS.DE vs. EXS2.DE
IQQS.DE (iShares EURO STOXX Small UCITS ETF) and EXS2.DE (iShares TecDAX UCITS ETF (DE)) are both Europe Equities funds from iShares - IQQS.DE tracks the EURO STOXX® Small while EXS2.DE tracks the TecDAX®. Both are passively managed. Over the past 10 years, IQQS.DE returned 8.69%/yr vs 9.01%/yr for EXS2.DE. A 0.74 correlation means they provide meaningful diversification when combined. IQQS.DE charges 0.40%/yr vs 0.51%/yr for EXS2.DE.
Performance
IQQS.DE vs. EXS2.DE - Performance Comparison
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Returns By Period
In the year-to-date period, IQQS.DE achieves a 9.12% return, which is significantly lower than EXS2.DE's 15.70% return. Both investments have delivered pretty close results over the past 10 years, with IQQS.DE having a 8.69% annualized return and EXS2.DE not far ahead at 9.01%.
IQQS.DE
- 1D
- -0.02%
- 1M
- 1.19%
- YTD
- 9.12%
- 6M
- 11.76%
- 1Y
- 17.97%
- 3Y*
- 10.82%
- 5Y*
- 5.19%
- 10Y*
- 8.69%
EXS2.DE
- 1D
- 0.52%
- 1M
- 10.24%
- YTD
- 15.70%
- 6M
- 16.12%
- 1Y
- 5.55%
- 3Y*
- 8.54%
- 5Y*
- 3.72%
- 10Y*
- 9.01%
IQQS.DE vs. EXS2.DE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
IQQS.DE iShares EURO STOXX Small UCITS ETF | 9.12% | 22.43% | -3.77% | 13.62% | -15.17% | 20.98% | 8.30% | 27.89% | -13.69% | 21.57% |
EXS2.DE iShares TecDAX UCITS ETF (DE) | 15.70% | 5.33% | 1.63% | 13.54% | -26.00% | 21.07% | 6.12% | 22.25% | -3.77% | 39.90% |
Correlation
The correlation between IQQS.DE and EXS2.DE is 0.75, 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 | 0.75 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.78 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.78 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.78 |
Correlation (All Time) Calculated using the full available price history since Feb 24, 2005 | 0.74 |
The correlation between IQQS.DE and EXS2.DE has been stable across timeframes, ranging from 0.74 to 0.78 - a consistent structural relationship.
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Return for Risk
IQQS.DE vs. EXS2.DE — Risk / Return Rank
IQQS.DE
EXS2.DE
IQQS.DE vs. EXS2.DE - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for iShares EURO STOXX Small UCITS ETF (IQQS.DE) and iShares TecDAX UCITS ETF (DE) (EXS2.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.
| IQQS.DE | EXS2.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.95 | ||
| Sortino ratioReturn per unit of downside risk | +1.28 | ||
| Omega ratioGain probability vs. loss probability | 1.24 | 1.07 | +0.17 |
| Calmar ratioReturn relative to maximum drawdown | 1.54 | 0.40 | +1.14 |
| Martin ratioReturn relative to average drawdown | 5.98 | 0.80 | +5.18 |
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
| IQQS.DE | EXS2.DE | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.31 | 0.36 | +0.95 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.32 | 0.20 | +0.12 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.53 | 0.46 | +0.07 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.32 | 0.14 | +0.19 |
Drawdowns
IQQS.DE vs. EXS2.DE - Drawdown Comparison
The maximum IQQS.DE drawdown since its inception was -64.56%, smaller than the maximum EXS2.DE drawdown of -84.49%. Use the drawdown chart below to compare losses from any high point for IQQS.DE and EXS2.DE.
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Drawdown Indicators
| IQQS.DE | EXS2.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -64.56% | -84.49% | +19.93% |
Max Drawdown (1Y)Largest decline over 1 year | -11.79% | -16.12% | +4.33% |
Max Drawdown (3Y)Largest decline over 3 years | -16.08% | -17.93% | +1.85% |
Max Drawdown (5Y)Largest decline over 5 years | -28.17% | -34.97% | +6.80% |
Max Drawdown (10Y)Largest decline over 10 years | -35.03% | -34.97% | -0.06% |
Current DrawdownCurrent decline from peak | -1.05% | -0.81% | -0.24% |
Average DrawdownAverage peak-to-trough decline | -15.82% | -39.46% | +23.64% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 3.04% | 8.07% | -5.03% |
Volatility
IQQS.DE vs. EXS2.DE - Volatility Comparison
The current volatility for iShares EURO STOXX Small UCITS ETF (IQQS.DE) is 3.61%, while iShares TecDAX UCITS ETF (DE) (EXS2.DE) has a volatility of 5.29%. This indicates that IQQS.DE experiences smaller price fluctuations and is considered to be less risky than EXS2.DE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| IQQS.DE | EXS2.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 3.61% | 5.29% | -1.68% |
Volatility (6M)Calculated over the trailing 6-month period | 11.64% | 14.25% | -2.61% |
Volatility (1Y)Calculated over the trailing 1-year period | 13.89% | 17.83% | -3.94% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 16.30% | 18.80% | -2.50% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 16.40% | 19.47% | -3.07% |
IQQS.DE vs. EXS2.DE - Expense Ratio Comparison
IQQS.DE has a 0.40% expense ratio, which is lower than EXS2.DE's 0.51% expense ratio.
Dividends
IQQS.DE vs. EXS2.DE - Dividend Comparison
IQQS.DE's dividend yield for the trailing twelve months is around 2.40%, while EXS2.DE has not paid dividends to shareholders.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
EXS2.DE iShares TecDAX UCITS ETF (DE) | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.04% | 0.15% | 0.25% | 0.36% |
IQQS.DE iShares EURO STOXX Small UCITS ETF | 2.40% | 2.99% | 2.67% | 2.23% | 2.24% | 1.48% | 1.19% | 2.00% | 2.50% | 1.81% | 2.08% | 2.11% |
Frequently Asked Questions
IQQS.DE and EXS2.DE have a correlation of 0.75, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, IQQS.DE is cheaper at 0.40% per year. The better choice depends on whether you care most about return, fees, risk, or income.
IQQS.DE is cheaper with a 0.40% expense ratio, compared with 0.51% for EXS2.DE.
IQQS.DE tracks EURO STOXX® Small, while EXS2.DE tracks TecDAX®. Their fees differ too: 0.40% for IQQS.DE and 0.51% for EXS2.DE.
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