IQQW.DE vs. IS3S.DE
IQQW.DE (iShares MSCI World UCITS ETF USD (Dist)) and IS3S.DE (iShares Edge MSCI World Value Factor UCITS ETF) are both Global Equities funds from iShares - IQQW.DE tracks the MSCI World Index while IS3S.DE tracks the MSCI World Enhanced Value. Both are passively managed. Over the past 10 years, IQQW.DE returned 12.69%/yr vs 12.85%/yr for IS3S.DE. Their correlation of 0.88 suggests significant overlap in exposure. IQQW.DE charges 0.50%/yr vs 0.30%/yr for IS3S.DE.
Performance
IQQW.DE vs. IS3S.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 lower than IS3S.DE's 34.60% return. Both investments have delivered pretty close results over the past 10 years, with IQQW.DE having a 12.69% annualized return and IS3S.DE not far ahead at 12.85%.
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%
IS3S.DE
- 1D
- 0.98%
- 1M
- -1.31%
- 6M
- 33.80%
- YTD
- 34.60%
- 1Y
- 60.20%
- 3Y*
- 25.59%
- 5Y*
- 17.35%
- 10Y*
- 12.85%
IQQW.DE vs. IS3S.DE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
IQQW.DE iShares MSCI World UCITS ETF USD (Dist) | 12.38% | 7.59% | 25.52% | 19.92% | -13.90% | 32.21% | 5.13% | 30.90% | -5.28% | 7.45% |
IS3S.DE iShares Edge MSCI World Value Factor UCITS ETF | 34.60% | 25.13% | 11.36% | 15.62% | -4.81% | 30.35% | -12.53% | 22.01% | -10.32% | 7.66% |
Correlation
The correlation between IQQW.DE and IS3S.DE is 0.78, 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 | 0.78 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.78 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.82 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.86 |
Correlation (All Time) Calculated using the full available price history since Oct 6, 2014 | 0.88 |
The correlation between IQQW.DE and IS3S.DE has been stable across timeframes, ranging from 0.78 to 0.88 - a consistent structural relationship.
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Return for Risk
IQQW.DE vs. IS3S.DE — Risk / Return Rank
IQQW.DE
IS3S.DE
IQQW.DE vs. IS3S.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 iShares Edge MSCI World Value Factor UCITS ETF (IS3S.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 | IS3S.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -1.87 | ||
| Sortino ratioReturn per unit of downside risk | -2.40 | ||
| Omega ratioGain probability vs. loss probability | 1.39 | 1.71 | -0.31 |
| Calmar ratioReturn relative to maximum drawdown | 3.60 | 9.83 | -6.23 |
| Martin ratioReturn relative to average drawdown | 14.30 | 34.53 | -20.23 |
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Drawdowns
IQQW.DE vs. IS3S.DE - Drawdown Comparison
The maximum IQQW.DE drawdown since its inception was -52.35%, which is greater than IS3S.DE's maximum drawdown of -35.19%. Use the drawdown chart below to compare losses from any high point for IQQW.DE and IS3S.DE.
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Drawdown Indicators
| IQQW.DE | IS3S.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -52.35% | -35.19% | -17.16% |
Max Drawdown (1Y)Largest decline over 1 year | -6.61% | -6.09% | -0.52% |
Max Drawdown (3Y)Largest decline over 3 years | -21.66% | -17.78% | -3.88% |
Max Drawdown (5Y)Largest decline over 5 years | -21.66% | -17.78% | -3.88% |
Max Drawdown (10Y)Largest decline over 10 years | -33.65% | -35.19% | +1.54% |
Current DrawdownCurrent decline from peak | -0.10% | -2.80% | +2.70% |
Average DrawdownAverage peak-to-trough decline | -9.01% | -6.93% | -2.08% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.66% | 1.74% | -0.08% |
Volatility
IQQW.DE vs. IS3S.DE - Volatility Comparison
The current volatility for iShares MSCI World UCITS ETF USD (Dist) (IQQW.DE) is 3.28%, while iShares Edge MSCI World Value Factor UCITS ETF (IS3S.DE) has a volatility of 5.97%. This indicates that IQQW.DE experiences smaller price fluctuations and is considered to be less risky than IS3S.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 | IS3S.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 3.28% | 5.97% | -2.69% |
Volatility (6M)Calculated over the trailing 6-month period | 7.96% | 12.71% | -4.75% |
Volatility (1Y)Calculated over the trailing 1-year period | 11.26% | 15.02% | -3.76% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 14.17% | 14.07% | +0.10% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 15.03% | 16.62% | -1.59% |
IQQW.DE vs. IS3S.DE - Expense Ratio Comparison
IQQW.DE has a 0.50% expense ratio, which is higher than IS3S.DE's 0.30% expense ratio.
Dividends
IQQW.DE vs. IS3S.DE - Dividend Comparison
IQQW.DE's dividend yield for the trailing twelve months is around 0.86%, while IS3S.DE has not paid dividends to shareholders.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
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% |
IS3S.DE iShares Edge MSCI World Value Factor UCITS ETF | 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
IQQW.DE and IS3S.DE have a correlation of 0.78, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, IS3S.DE is cheaper at 0.30% per year. The better choice depends on whether you care most about return, fees, risk, or income.
IS3S.DE is cheaper with a 0.30% expense ratio, compared with 0.50% for IQQW.DE.
IQQW.DE tracks MSCI World Index, while IS3S.DE tracks MSCI World Enhanced Value. Their fees differ too: 0.50% for IQQW.DE and 0.30% for IS3S.DE.
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