IS0E.DE vs. HIGH.L
IS0E.DE (iShares Gold Producers UCITS ETF) and HIGH.L (iShares EUR High Yield Corporate Bond UCITS ETF EUR (Acc)) are both exchange-traded funds - IS0E.DE is a Precious Metals fund tracking the S&P Commodity Producers Gold, while HIGH.L is a European High Yield Bonds fund tracking the Bloomberg Pan Euro HY Euro TR EUR. Both are passively managed. Over the past 5 years, IS0E.DE returned 19.77%/yr vs 2.58%/yr for HIGH.L. At a 0.15 correlation, their price movements are largely independent. IS0E.DE charges 0.55%/yr vs 0.50%/yr for HIGH.L.
Performance
IS0E.DE vs. HIGH.L - Performance Comparison
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Returns By Period
In the year-to-date period, IS0E.DE achieves a -0.06% return, which is significantly lower than HIGH.L's 0.64% return.
IS0E.DE
- 1D
- 0.88%
- 1M
- -6.27%
- YTD
- -0.06%
- 6M
- 8.72%
- 1Y
- 63.71%
- 3Y*
- 38.14%
- 5Y*
- 19.77%
- 10Y*
- 13.92%
HIGH.L
- 1D
- -0.16%
- 1M
- 0.16%
- YTD
- 0.64%
- 6M
- 1.13%
- 1Y
- 2.79%
- 3Y*
- 6.04%
- 5Y*
- 2.58%
- 10Y*
- —
IS0E.DE vs. HIGH.L - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
IS0E.DE iShares Gold Producers UCITS ETF | -0.06% | 129.59% | 18.76% | 6.29% | -3.80% | -3.04% | 13.47% | 44.05% | -4.38% | -1.34% |
HIGH.L iShares EUR High Yield Corporate Bond UCITS ETF EUR (Acc) | 0.64% | 4.89% | 5.70% | 11.59% | -9.32% | 2.82% | 1.10% | 9.76% | -3.41% | 0.63% |
Correlation
The correlation between IS0E.DE and HIGH.L is 0.25, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.25 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.22 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.22 |
Correlation (All Time) Calculated using the full available price history since Sep 22, 2017 | 0.15 |
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Return for Risk
IS0E.DE vs. HIGH.L — Risk / Return Rank
IS0E.DE
HIGH.L
IS0E.DE vs. HIGH.L - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for iShares Gold Producers UCITS ETF (IS0E.DE) and iShares EUR High Yield Corporate Bond UCITS ETF EUR (Acc) (HIGH.L). 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.
| IS0E.DE | HIGH.L | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.50 | ||
| Sortino ratioReturn per unit of downside risk | +0.51 | ||
| Omega ratioGain probability vs. loss probability | 1.24 | 1.15 | +0.09 |
| Calmar ratioReturn relative to maximum drawdown | 2.17 | 0.97 | +1.20 |
| Martin ratioReturn relative to average drawdown | 5.45 | 3.91 | +1.54 |
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
| IS0E.DE | HIGH.L | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.24 | 0.74 | +0.50 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.58 | 0.47 | +0.10 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.43 | — | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.18 | 0.36 | -0.19 |
Drawdowns
IS0E.DE vs. HIGH.L - Drawdown Comparison
The maximum IS0E.DE drawdown since its inception was -71.63%, which is greater than HIGH.L's maximum drawdown of -25.42%. Use the drawdown chart below to compare losses from any high point for IS0E.DE and HIGH.L.
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Drawdown Indicators
| IS0E.DE | HIGH.L | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -71.63% | -25.42% | -46.21% |
Max Drawdown (1Y)Largest decline over 1 year | -27.26% | -2.88% | -24.38% |
Max Drawdown (3Y)Largest decline over 3 years | -27.26% | -3.65% | -23.61% |
Max Drawdown (5Y)Largest decline over 5 years | -38.03% | -14.64% | -23.39% |
Max Drawdown (10Y)Largest decline over 10 years | -45.62% | — | — |
Current DrawdownCurrent decline from peak | -22.93% | -0.48% | -22.45% |
Average DrawdownAverage peak-to-trough decline | -33.74% | -2.72% | -31.02% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 10.85% | 0.71% | +10.14% |
Volatility
IS0E.DE vs. HIGH.L - Volatility Comparison
iShares Gold Producers UCITS ETF (IS0E.DE) has a higher volatility of 12.84% compared to iShares EUR High Yield Corporate Bond UCITS ETF EUR (Acc) (HIGH.L) at 1.08%. This indicates that IS0E.DE's price experiences larger fluctuations and is considered to be riskier than HIGH.L based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| IS0E.DE | HIGH.L | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 12.84% | 1.08% | +11.76% |
Volatility (6M)Calculated over the trailing 6-month period | 33.62% | 3.09% | +30.53% |
Volatility (1Y)Calculated over the trailing 1-year period | 47.58% | 3.75% | +43.83% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 33.83% | 5.46% | +28.37% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 32.53% | 7.20% | +25.33% |
IS0E.DE vs. HIGH.L - Expense Ratio Comparison
IS0E.DE has a 0.55% expense ratio, which is higher than HIGH.L's 0.50% expense ratio.
Dividends
IS0E.DE vs. HIGH.L - Dividend Comparison
Neither IS0E.DE nor HIGH.L has paid dividends to shareholders.
Frequently Asked Questions
IS0E.DE and HIGH.L have a correlation of 0.25, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, HIGH.L is cheaper at 0.50% per year. The better choice depends on whether you care most about return, fees, risk, or income.
HIGH.L is cheaper with a 0.50% expense ratio, compared with 0.55% for IS0E.DE.
IS0E.DE is categorized as Precious Metals, while HIGH.L is European High Yield Bonds. IS0E.DE tracks S&P Commodity Producers Gold, while HIGH.L tracks Bloomberg Pan Euro HY Euro TR EUR. Their fees differ too: 0.55% for IS0E.DE and 0.50% for HIGH.L.
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