IQQY.DE vs. ^STOXX
IQQY.DE (iShares Core MSCI Europe UCITS ETF EUR (Dist)) is Europe Equities fund tracking the MSCI Europe, while ^STOXX (STOXX Europe 600 Index) is an index. Over the past 10 years, IQQY.DE returned 9.17%/yr vs 6.19%/yr for ^STOXX. Their correlation of 0.92 suggests significant overlap in exposure.
Performance
IQQY.DE vs. ^STOXX - Performance Comparison
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Returns By Period
In the year-to-date period, IQQY.DE achieves a 7.35% return, which is significantly higher than ^STOXX's 5.45% return. Over the past 10 years, IQQY.DE has outperformed ^STOXX with an annualized return of 9.17%, while ^STOXX has yielded a comparatively lower 6.19% annualized return.
IQQY.DE
- 1D
- 0.55%
- 1M
- 1.13%
- YTD
- 7.35%
- 6M
- 9.87%
- 1Y
- 15.99%
- 3Y*
- 13.71%
- 5Y*
- 9.99%
- 10Y*
- 9.17%
^STOXX
- 1D
- 0.52%
- 1M
- 2.42%
- YTD
- 5.45%
- 6M
- 7.88%
- 1Y
- 13.33%
- 3Y*
- 10.73%
- 5Y*
- 6.65%
- 10Y*
- 6.19%
IQQY.DE vs. ^STOXX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
IQQY.DE iShares Core MSCI Europe UCITS ETF EUR (Dist) | 7.35% | 20.51% | 8.32% | 15.43% | -9.13% | 25.32% | -3.28% | 27.76% | -10.88% | 10.56% |
^STOXX STOXX Europe 600 Index | 5.45% | 16.66% | 5.98% | 12.73% | -12.90% | 22.25% | -4.04% | 23.16% | -13.24% | 7.68% |
Correlation
The correlation between IQQY.DE and ^STOXX is 0.99 - these two move nearly in lockstep. At this level, holding both provides almost no diversification benefit. If you already own one, adding the other does little to reduce portfolio risk.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.99 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.99 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.99 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.99 |
Correlation (All Time) Calculated using the full available price history since Nov 28, 2007 | 0.92 |
The correlation between IQQY.DE and ^STOXX has been stable across timeframes, ranging from 0.92 to 0.99 - a consistent structural relationship.
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Return for Risk
IQQY.DE vs. ^STOXX — Risk / Return Rank
IQQY.DE
^STOXX
IQQY.DE vs. ^STOXX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for iShares Core MSCI Europe UCITS ETF EUR (Dist) (IQQY.DE) and STOXX Europe 600 Index (^STOXX). 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.
| IQQY.DE | ^STOXX | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.19 | ||
| Sortino ratioReturn per unit of downside risk | +0.25 | ||
| Omega ratioGain probability vs. loss probability | 1.24 | 1.20 | +0.04 |
| Calmar ratioReturn relative to maximum drawdown | 1.69 | 1.37 | +0.32 |
| Martin ratioReturn relative to average drawdown | 6.35 | 4.91 | +1.44 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| IQQY.DE | ^STOXX | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.26 | 1.07 | +0.19 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.70 | 0.47 | +0.23 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.58 | 0.40 | +0.19 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.32 | 0.31 | +0.02 |
Drawdowns
IQQY.DE vs. ^STOXX - Drawdown Comparison
The maximum IQQY.DE drawdown since its inception was -56.18%, smaller than the maximum ^STOXX drawdown of -61.04%. Use the drawdown chart below to compare losses from any high point for IQQY.DE and ^STOXX.
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Drawdown Indicators
| IQQY.DE | ^STOXX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -56.18% | -61.04% | +4.86% |
Max Drawdown (1Y)Largest decline over 1 year | -9.52% | -9.56% | +0.04% |
Max Drawdown (3Y)Largest decline over 3 years | -16.53% | -16.56% | +0.03% |
Max Drawdown (5Y)Largest decline over 5 years | -19.30% | -22.55% | +3.25% |
Max Drawdown (10Y)Largest decline over 10 years | -35.47% | -35.55% | +0.08% |
Current DrawdownCurrent decline from peak | -1.60% | -1.48% | -0.12% |
Average DrawdownAverage peak-to-trough decline | -10.76% | -16.77% | +6.01% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.54% | 2.67% | -0.13% |
Volatility
IQQY.DE vs. ^STOXX - Volatility Comparison
iShares Core MSCI Europe UCITS ETF EUR (Dist) (IQQY.DE) has a higher volatility of 4.34% compared to STOXX Europe 600 Index (^STOXX) at 3.63%. This indicates that IQQY.DE's price experiences larger fluctuations and is considered to be riskier than ^STOXX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| IQQY.DE | ^STOXX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 4.34% | 3.63% | +0.71% |
Volatility (6M)Calculated over the trailing 6-month period | 10.54% | 10.21% | +0.33% |
Volatility (1Y)Calculated over the trailing 1-year period | 12.79% | 12.22% | +0.57% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 14.20% | 13.98% | +0.22% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 15.62% | 15.31% | +0.31% |
Frequently Asked Questions
With a correlation of 0.99, IQQY.DE and ^STOXX move almost identically. Holding both adds very little diversification - you're essentially doubling your position in the same market segment. Choosing one is usually more capital-efficient.
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