IQQW.DE vs. MVEW.DE
IQQW.DE (iShares MSCI World UCITS ETF USD (Dist)) and MVEW.DE (iShares Edge MSCI World Minimum Volatility ESG UCITS ETF (Acc)) are both Global Equities funds from iShares - IQQW.DE tracks the MSCI World Index while MVEW.DE tracks the MSCI ACWI NR USD. Both are passively managed. Over the past 5 years, IQQW.DE returned 11.94%/yr vs 6.26%/yr for MVEW.DE. A 0.74 correlation means they provide meaningful diversification when combined. IQQW.DE charges 0.50%/yr vs 0.30%/yr for MVEW.DE.
Performance
IQQW.DE vs. MVEW.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 MVEW.DE's 3.91% 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%
MVEW.DE
- 1D
- 0.00%
- 1M
- 2.87%
- 6M
- 4.97%
- YTD
- 3.91%
- 1Y
- 5.74%
- 3Y*
- 7.50%
- 5Y*
- 6.26%
- 10Y*
- —
IQQW.DE vs. MVEW.DE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | |
|---|---|---|---|---|---|---|---|
IQQW.DE iShares MSCI World UCITS ETF USD (Dist) | 12.38% | 7.59% | 25.52% | 19.92% | -13.90% | 32.21% | 21.70% |
MVEW.DE iShares Edge MSCI World Minimum Volatility ESG UCITS ETF (Acc) | 3.91% | -1.00% | 17.31% | 6.25% | -5.88% | 26.06% | 1.72% |
Correlation
The correlation between IQQW.DE and MVEW.DE is 0.37, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.37 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.59 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.70 |
Correlation (All Time) Calculated using the full available price history since Apr 23, 2020 | 0.74 |
Over the past year, the correlation between IQQW.DE and MVEW.DE has dropped to 0.37 - well below their long-term average of 0.74, suggesting their price drivers have been diverging.
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Return for Risk
IQQW.DE vs. MVEW.DE — Risk / Return Rank
IQQW.DE
MVEW.DE
IQQW.DE vs. MVEW.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 Minimum Volatility ESG UCITS ETF (Acc) (MVEW.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 | MVEW.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +1.41 | ||
| Sortino ratioReturn per unit of downside risk | +1.89 | ||
| Omega ratioGain probability vs. loss probability | 1.39 | 1.13 | +0.27 |
| Calmar ratioReturn relative to maximum drawdown | 3.60 | 1.23 | +2.36 |
| Martin ratioReturn relative to average drawdown | 14.30 | 3.06 | +11.24 |
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Drawdowns
IQQW.DE vs. MVEW.DE - Drawdown Comparison
The maximum IQQW.DE drawdown since its inception was -52.35%, which is greater than MVEW.DE's maximum drawdown of -13.09%. Use the drawdown chart below to compare losses from any high point for IQQW.DE and MVEW.DE.
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Drawdown Indicators
| IQQW.DE | MVEW.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -52.35% | -13.09% | -39.26% |
Max Drawdown (1Y)Largest decline over 1 year | -6.61% | -4.63% | -1.98% |
Max Drawdown (3Y)Largest decline over 3 years | -21.66% | -13.09% | -8.57% |
Max Drawdown (5Y)Largest decline over 5 years | -21.66% | -13.09% | -8.57% |
Max Drawdown (10Y)Largest decline over 10 years | -33.65% | — | — |
Current DrawdownCurrent decline from peak | -0.10% | -3.10% | +3.00% |
Average DrawdownAverage peak-to-trough decline | -9.01% | -3.82% | -5.19% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.66% | 1.87% | -0.21% |
Volatility
IQQW.DE vs. MVEW.DE - Volatility Comparison
iShares MSCI World UCITS ETF USD (Dist) (IQQW.DE) has a higher volatility of 3.28% compared to iShares Edge MSCI World Minimum Volatility ESG UCITS ETF (Acc) (MVEW.DE) at 2.03%. This indicates that IQQW.DE's price experiences larger fluctuations and is considered to be riskier than MVEW.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 | MVEW.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 3.28% | 2.03% | +1.25% |
Volatility (6M)Calculated over the trailing 6-month period | 7.96% | 5.68% | +2.28% |
Volatility (1Y)Calculated over the trailing 1-year period | 11.26% | 8.13% | +3.13% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 14.17% | 10.33% | +3.84% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 15.03% | 10.86% | +4.17% |
IQQW.DE vs. MVEW.DE - Expense Ratio Comparison
IQQW.DE has a 0.50% expense ratio, which is higher than MVEW.DE's 0.30% expense ratio.
Dividends
IQQW.DE vs. MVEW.DE - Dividend Comparison
IQQW.DE's dividend yield for the trailing twelve months is around 0.86%, while MVEW.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% |
MVEW.DE iShares Edge MSCI World Minimum Volatility ESG 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
IQQW.DE and MVEW.DE have a correlation of 0.37, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, MVEW.DE is cheaper at 0.30% per year. The better choice depends on whether you care most about return, fees, risk, or income.
MVEW.DE is cheaper with a 0.30% expense ratio, compared with 0.50% for IQQW.DE.
IQQW.DE tracks MSCI World Index, while MVEW.DE tracks MSCI ACWI NR USD. Their fees differ too: 0.50% for IQQW.DE and 0.30% for MVEW.DE.
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