IQQU.DE vs. XB4A.DE
IQQU.DE (iShares MSCI Europe ex-UK UCITS ETF) and XB4A.DE (Xtrackers ATX UCITS ETF (Acc)) are both Europe Equities funds - IQQU.DE tracks the MSCI Europe ex UK while XB4A.DE tracks the ATX Index. Both are passively managed. Over the past 10 years, IQQU.DE returned 9.78%/yr vs 14.60%/yr for XB4A.DE. A 0.72 correlation means they provide meaningful diversification when combined. IQQU.DE charges 0.40%/yr vs 0.25%/yr for XB4A.DE.
Performance
IQQU.DE vs. XB4A.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 XB4A.DE's 22.80% return. Over the past 10 years, IQQU.DE has underperformed XB4A.DE with an annualized return of 9.78%, while XB4A.DE has yielded a comparatively higher 14.60% 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%
XB4A.DE
- 1D
- -1.41%
- 1M
- -2.38%
- 6M
- 19.27%
- YTD
- 22.80%
- 1Y
- 45.48%
- 3Y*
- 30.57%
- 5Y*
- 17.80%
- 10Y*
- 14.60%
IQQU.DE vs. XB4A.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% |
XB4A.DE Xtrackers ATX UCITS ETF (Acc) | 22.80% | 51.29% | 11.01% | 14.27% | -16.45% | 42.39% | -10.86% | 19.79% | -17.99% | 32.88% |
Correlation
The correlation between IQQU.DE and XB4A.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 Nov 11, 2011 | 0.72 |
The correlation between IQQU.DE and XB4A.DE has been stable across timeframes, ranging from 0.70 to 0.73 - 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. XB4A.DE — Risk / Return Rank
IQQU.DE
XB4A.DE
IQQU.DE vs. XB4A.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 Xtrackers ATX UCITS ETF (Acc) (XB4A.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 | XB4A.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -1.15 | ||
| 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 | 4.13 | -2.22 |
| Martin ratioReturn relative to average drawdown | 7.25 | 13.97 | -6.73 |
Loading charts...
Drawdowns
IQQU.DE vs. XB4A.DE - Drawdown Comparison
The maximum IQQU.DE drawdown since its inception was -58.28%, which is greater than XB4A.DE's maximum drawdown of -53.54%. Use the drawdown chart below to compare losses from any high point for IQQU.DE and XB4A.DE.
Loading charts...
Drawdown Indicators
| IQQU.DE | XB4A.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -58.28% | -53.54% | -4.74% |
Max Drawdown (1Y)Largest decline over 1 year | -9.97% | -10.88% | +0.91% |
Max Drawdown (3Y)Largest decline over 3 years | -16.34% | -16.26% | -0.08% |
Max Drawdown (5Y)Largest decline over 5 years | -22.55% | -32.50% | +9.95% |
Max Drawdown (10Y)Largest decline over 10 years | -34.62% | -53.54% | +18.92% |
Current DrawdownCurrent decline from peak | -2.31% | -3.43% | +1.12% |
Average DrawdownAverage peak-to-trough decline | -12.48% | -9.88% | -2.60% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.64% | 3.23% | -0.59% |
Volatility
IQQU.DE vs. XB4A.DE - Volatility Comparison
The current volatility for iShares MSCI Europe ex-UK UCITS ETF (IQQU.DE) is 3.45%, while Xtrackers ATX UCITS ETF (Acc) (XB4A.DE) has a volatility of 4.97%. This indicates that IQQU.DE experiences smaller price fluctuations and is considered to be less risky than XB4A.DE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| IQQU.DE | XB4A.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 3.45% | 4.97% | -1.52% |
Volatility (6M)Calculated over the trailing 6-month period | 11.42% | 14.95% | -3.53% |
Volatility (1Y)Calculated over the trailing 1-year period | 13.69% | 17.66% | -3.97% |
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% | 20.15% | -4.77% |
IQQU.DE vs. XB4A.DE - Expense Ratio Comparison
IQQU.DE has a 0.40% expense ratio, which is higher than XB4A.DE's 0.25% expense ratio.
Dividends
IQQU.DE vs. XB4A.DE - Dividend Comparison
IQQU.DE's dividend yield for the trailing twelve months is around 2.02%, while XB4A.DE has not paid dividends to shareholders.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
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% |
XB4A.DE Xtrackers ATX UCITS ETF (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
IQQU.DE and XB4A.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, XB4A.DE is cheaper at 0.25% per year. The better choice depends on whether you care most about return, fees, risk, or income.
XB4A.DE is cheaper with a 0.25% expense ratio, compared with 0.40% for IQQU.DE.
IQQU.DE tracks MSCI Europe ex UK, while XB4A.DE tracks ATX Index. They also come from different issuers: iShares and Xtrackers. Their fees differ too: 0.40% for IQQU.DE and 0.25% for XB4A.DE.
Find the right allocation for IQQU.DE and XB4A.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