IQQW.DE vs. CSY9.DE
IQQW.DE (iShares MSCI World UCITS ETF USD (Dist)) and CSY9.DE (CSIF (IE) MSCI World ESG Leaders Minimum Volatility Blue UCITS ETF B USD) are both Global Equities funds - IQQW.DE tracks the MSCI World Index while CSY9.DE tracks the MSCI World ESG Leaders Minimum Volatility. Both are passively managed. Over the past year, IQQW.DE returned 23.86% vs 8.87% for CSY9.DE. A 0.61 correlation means they provide meaningful diversification when combined. IQQW.DE charges 0.50%/yr vs 0.25%/yr for CSY9.DE.
Performance
IQQW.DE vs. CSY9.DE - Performance Comparison
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Returns By Period
In the year-to-date period, IQQW.DE achieves a 12.38% return, which is significantly higher than CSY9.DE's 6.58% return.
IQQW.DE
- 1D
- 0.43%
- 1M
- 1.51%
- 6M
- 12.34%
- YTD
- 12.38%
- 1Y
- 23.86%
- 3Y*
- 17.17%
- 5Y*
- 11.94%
- 10Y*
- 12.69%
CSY9.DE
- 1D
- 0.00%
- 1M
- 3.45%
- 6M
- 7.81%
- YTD
- 6.58%
- 1Y
- 8.87%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
IQQW.DE vs. CSY9.DE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | |
|---|---|---|---|
IQQW.DE iShares MSCI World UCITS ETF USD (Dist) | 12.38% | 7.59% | 9.59% |
CSY9.DE CSIF (IE) MSCI World ESG Leaders Minimum Volatility Blue UCITS ETF B USD | 6.58% | -0.67% | 3.39% |
Correlation
The correlation between IQQW.DE and CSY9.DE is 0.51, 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 | 0.51 |
Correlation (All Time) Calculated using the full available price history since Aug 26, 2024 | 0.61 |
The correlation between IQQW.DE and CSY9.DE shifts across timeframes, from 0.51 (1 year) to 0.61 (all time), reflecting how their relationship changes across market environments.
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Return for Risk
IQQW.DE vs. CSY9.DE — Risk / Return Rank
IQQW.DE
CSY9.DE
IQQW.DE vs. CSY9.DE - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for iShares MSCI World UCITS ETF USD (Dist) (IQQW.DE) and CSIF (IE) MSCI World ESG Leaders Minimum Volatility Blue UCITS ETF B USD (CSY9.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.
| IQQW.DE | CSY9.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +1.02 | ||
| Sortino ratioReturn per unit of downside risk | +1.40 | ||
| Omega ratioGain probability vs. loss probability | 1.39 | 1.19 | +0.20 |
| Calmar ratioReturn relative to maximum drawdown | 3.60 | 1.99 | +1.61 |
| Martin ratioReturn relative to average drawdown | 14.30 | 5.64 | +8.67 |
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Drawdowns
IQQW.DE vs. CSY9.DE - Drawdown Comparison
The maximum IQQW.DE drawdown since its inception was -52.35%, which is greater than CSY9.DE's maximum drawdown of -13.92%. Use the drawdown chart below to compare losses from any high point for IQQW.DE and CSY9.DE.
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Drawdown Indicators
| IQQW.DE | CSY9.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -52.35% | -13.92% | -38.43% |
Max Drawdown (1Y)Largest decline over 1 year | -6.61% | -4.48% | -2.13% |
Max Drawdown (3Y)Largest decline over 3 years | -21.66% | — | — |
Max Drawdown (5Y)Largest decline over 5 years | -21.66% | — | — |
Max Drawdown (10Y)Largest decline over 10 years | -33.65% | — | — |
Current DrawdownCurrent decline from peak | -0.10% | 0.00% | -0.10% |
Average DrawdownAverage peak-to-trough decline | -9.01% | -4.70% | -4.31% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.66% | 1.58% | +0.08% |
Volatility
IQQW.DE vs. CSY9.DE - Volatility Comparison
iShares MSCI World UCITS ETF USD (Dist) (IQQW.DE) has a higher volatility of 3.28% compared to CSIF (IE) MSCI World ESG Leaders Minimum Volatility Blue UCITS ETF B USD (CSY9.DE) at 2.07%. This indicates that IQQW.DE's price experiences larger fluctuations and is considered to be riskier than CSY9.DE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| IQQW.DE | CSY9.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 3.28% | 2.07% | +1.21% |
Volatility (6M)Calculated over the trailing 6-month period | 7.96% | 5.58% | +2.38% |
Volatility (1Y)Calculated over the trailing 1-year period | 11.26% | 8.17% | +3.09% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 14.17% | 10.91% | +3.26% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 15.03% | 10.91% | +4.12% |
IQQW.DE vs. CSY9.DE - Expense Ratio Comparison
IQQW.DE has a 0.50% expense ratio, which is higher than CSY9.DE's 0.25% expense ratio.
Dividends
IQQW.DE vs. CSY9.DE - Dividend Comparison
IQQW.DE's dividend yield for the trailing twelve months is around 0.86%, while CSY9.DE has not paid dividends to shareholders.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
CSY9.DE CSIF (IE) MSCI World ESG Leaders Minimum Volatility Blue UCITS ETF B USD | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
IQQW.DE iShares MSCI World UCITS ETF USD (Dist) | 0.86% | 0.95% | 1.05% | 1.32% | 1.49% | 1.01% | 1.21% | 1.60% | 1.84% | 1.66% | 1.70% | 1.80% |
Frequently Asked Questions
IQQW.DE and CSY9.DE have a correlation of 0.51, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, CSY9.DE is cheaper at 0.25% per year. The better choice depends on whether you care most about return, fees, risk, or income.
CSY9.DE is cheaper with a 0.25% expense ratio, compared with 0.50% for IQQW.DE.
IQQW.DE tracks MSCI World Index, while CSY9.DE tracks MSCI World ESG Leaders Minimum Volatility. They also come from different issuers: iShares and Credit Suisse. Their fees differ too: 0.50% for IQQW.DE and 0.25% for CSY9.DE.
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