IQQU.DE vs. EXXX.DE
IQQU.DE (iShares MSCI Europe ex-UK UCITS ETF) and EXXX.DE (iShares ATX UCITS ETF (DE)) are both Europe Equities funds from iShares - IQQU.DE tracks the MSCI Europe ex UK while EXXX.DE tracks the ATX Index. Both are passively managed. Over the past 10 years, IQQU.DE returned 9.78%/yr vs 14.21%/yr for EXXX.DE. A 0.74 correlation means they provide meaningful diversification when combined. IQQU.DE charges 0.40%/yr vs 0.32%/yr for EXXX.DE.
Performance
IQQU.DE vs. EXXX.DE - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, IQQU.DE achieves a 10.15% return, which is significantly lower than EXXX.DE's 22.53% return. Over the past 10 years, IQQU.DE has underperformed EXXX.DE with an annualized return of 9.78%, while EXXX.DE has yielded a comparatively higher 14.21% annualized return.
IQQU.DE
- 1D
- -0.42%
- 1M
- -0.13%
- 6M
- 6.22%
- YTD
- 10.15%
- 1Y
- 19.25%
- 3Y*
- 13.69%
- 5Y*
- 9.34%
- 10Y*
- 9.78%
EXXX.DE
- 1D
- -1.55%
- 1M
- -2.44%
- 6M
- 19.05%
- YTD
- 22.53%
- 1Y
- 45.30%
- 3Y*
- 30.20%
- 5Y*
- 17.45%
- 10Y*
- 14.21%
IQQU.DE vs. EXXX.DE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
IQQU.DE iShares MSCI Europe ex-UK UCITS ETF | 10.15% | 20.10% | 6.36% | 17.27% | -12.22% | 24.46% | 1.52% | 28.72% | -11.38% | 11.87% |
EXXX.DE iShares ATX UCITS ETF (DE) | 22.53% | 51.31% | 10.39% | 13.71% | -16.43% | 42.16% | -11.27% | 19.95% | -18.96% | 32.71% |
Correlation
The correlation between IQQU.DE and EXXX.DE is 0.73, 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 | 0.73 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.70 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.73 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.72 |
Correlation (All Time) Calculated using the full available price history since Sep 11, 2006 | 0.74 |
The correlation between IQQU.DE and EXXX.DE has been stable across timeframes, ranging from 0.70 to 0.74 - 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
IQQU.DE vs. EXXX.DE — Risk / Return Rank
IQQU.DE
EXXX.DE
IQQU.DE vs. EXXX.DE - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for iShares MSCI Europe ex-UK UCITS ETF (IQQU.DE) and iShares ATX UCITS ETF (DE) (EXXX.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.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| IQQU.DE | EXXX.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -1.16 | ||
| Sortino ratioReturn per unit of downside risk | -1.55 | ||
| Omega ratioGain probability vs. loss probability | 1.26 | 1.43 | -0.17 |
| Calmar ratioReturn relative to maximum drawdown | 1.92 | 4.19 | -2.27 |
| Martin ratioReturn relative to average drawdown | 7.25 | 14.04 | -6.79 |
Loading charts...
Drawdowns
IQQU.DE vs. EXXX.DE - Drawdown Comparison
The maximum IQQU.DE drawdown since its inception was -58.28%, smaller than the maximum EXXX.DE drawdown of -71.43%. Use the drawdown chart below to compare losses from any high point for IQQU.DE and EXXX.DE.
Loading charts...
Drawdown Indicators
| IQQU.DE | EXXX.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -58.28% | -71.43% | +13.15% |
Max Drawdown (1Y)Largest decline over 1 year | -9.97% | -10.71% | +0.74% |
Max Drawdown (3Y)Largest decline over 3 years | -16.34% | -16.11% | -0.23% |
Max Drawdown (5Y)Largest decline over 5 years | -22.55% | -32.69% | +10.14% |
Max Drawdown (10Y)Largest decline over 10 years | -34.62% | -52.90% | +18.28% |
Current DrawdownCurrent decline from peak | -2.31% | -3.48% | +1.17% |
Average DrawdownAverage peak-to-trough decline | -12.48% | -28.47% | +15.99% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.64% | 3.20% | -0.56% |
Volatility
IQQU.DE vs. EXXX.DE - Volatility Comparison
The current volatility for iShares MSCI Europe ex-UK UCITS ETF (IQQU.DE) is 3.45%, while iShares ATX UCITS ETF (DE) (EXXX.DE) has a volatility of 4.88%. This indicates that IQQU.DE experiences smaller price fluctuations and is considered to be less risky than EXXX.DE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| IQQU.DE | EXXX.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 3.45% | 4.88% | -1.43% |
Volatility (6M)Calculated over the trailing 6-month period | 11.42% | 14.74% | -3.32% |
Volatility (1Y)Calculated over the trailing 1-year period | 13.69% | 17.54% | -3.85% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 14.92% | 19.15% | -4.23% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 15.38% | 19.93% | -4.55% |
IQQU.DE vs. EXXX.DE - Expense Ratio Comparison
IQQU.DE has a 0.40% expense ratio, which is higher than EXXX.DE's 0.32% expense ratio.
Dividends
IQQU.DE vs. EXXX.DE - Dividend Comparison
IQQU.DE's dividend yield for the trailing twelve months is around 2.02%, less than EXXX.DE's 3.01% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
EXXX.DE iShares ATX UCITS ETF (DE) | 3.01% | 2.53% | 4.30% | 3.53% | 3.61% | 1.04% | 1.18% | 1.73% | 0.48% | 0.65% | 1.08% | 1.65% |
IQQU.DE iShares MSCI Europe ex-UK UCITS ETF | 2.02% | 2.15% | 2.38% | 2.36% | 2.33% | 1.62% | 1.43% | 2.31% | 2.67% | 2.26% | 2.31% | 2.14% |
Frequently Asked Questions
IQQU.DE and EXXX.DE have a correlation of 0.73, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, EXXX.DE is cheaper at 0.32% per year. The better choice depends on whether you care most about return, fees, risk, or income.
EXXX.DE is cheaper with a 0.32% expense ratio, compared with 0.40% for IQQU.DE.
IQQU.DE tracks MSCI Europe ex UK, while EXXX.DE tracks ATX Index. Their fees differ too: 0.40% for IQQU.DE and 0.32% for EXXX.DE.
Find the right allocation for IQQU.DE and EXXX.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