IS0L.DE vs. SXR8.DE
IS0L.DE (iShares Germany Government Bond UCITS ETF (Dist)) and SXR8.DE (iShares Core S&P 500 UCITS ETF USD (Acc)) are both exchange-traded funds - IS0L.DE is a European Government Bonds fund tracking the Bloomberg Euro Treasury Germany, while SXR8.DE is a S&P 500 fund tracking the S&P 500 Index. Both are passively managed. Over the past 10 years, IS0L.DE returned -1.31%/yr vs 14.95%/yr for SXR8.DE. At a correlation of -0.11, they often move in opposite directions. IS0L.DE charges 0.20%/yr vs 0.07%/yr for SXR8.DE.
Performance
IS0L.DE vs. SXR8.DE - Performance Comparison
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Returns By Period
In the year-to-date period, IS0L.DE achieves a -0.09% return, which is significantly lower than SXR8.DE's 11.37% return. Over the past 10 years, IS0L.DE has underperformed SXR8.DE with an annualized return of -1.31%, while SXR8.DE has yielded a comparatively higher 14.95% annualized return.
IS0L.DE
- 1D
- 0.09%
- 1M
- -0.08%
- YTD
- -0.09%
- 6M
- -0.26%
- 1Y
- -1.03%
- 3Y*
- 0.83%
- 5Y*
- -3.06%
- 10Y*
- -1.31%
SXR8.DE
- 1D
- -0.15%
- 1M
- 4.36%
- YTD
- 11.37%
- 6M
- 10.83%
- 1Y
- 25.54%
- 3Y*
- 18.87%
- 5Y*
- 14.77%
- 10Y*
- 14.95%
IS0L.DE vs. SXR8.DE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
IS0L.DE iShares Germany Government Bond UCITS ETF (Dist) | -0.09% | -1.50% | 0.13% | 5.16% | -17.86% | -2.55% | 2.69% | 2.82% | 2.31% | -1.63% |
SXR8.DE iShares Core S&P 500 UCITS ETF USD (Acc) | 11.37% | 4.73% | 32.32% | 22.47% | -14.31% | 40.74% | 6.80% | 34.49% | -1.05% | 6.67% |
Correlation
The correlation between IS0L.DE and SXR8.DE is 0.14, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.14 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.04 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.02 |
Correlation (10Y) Calculated over the trailing 10-year period | -0.08 |
Correlation (All Time) Calculated using the full available price history since Jul 24, 2012 | -0.11 |
The correlation between IS0L.DE and SXR8.DE shifts across timeframes, from -0.11 (all time) to 0.14 (1 year), reflecting how their relationship changes across market environments.
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Return for Risk
IS0L.DE vs. SXR8.DE — Risk / Return Rank
IS0L.DE
SXR8.DE
IS0L.DE vs. SXR8.DE - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for iShares Germany Government Bond UCITS ETF (Dist) (IS0L.DE) and iShares Core S&P 500 UCITS ETF USD (Acc) (SXR8.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.
| IS0L.DE | SXR8.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -2.61 | ||
| Sortino ratioReturn per unit of downside risk | -3.53 | ||
| Omega ratioGain probability vs. loss probability | 0.94 | 1.41 | -0.47 |
| Calmar ratioReturn relative to maximum drawdown | -0.48 | 3.58 | -4.06 |
| Martin ratioReturn relative to average drawdown | -1.02 | 12.71 | -13.73 |
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
| IS0L.DE | SXR8.DE | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | -0.40 | 2.21 | -2.61 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | -0.50 | 0.96 | -1.46 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | -0.25 | 0.92 | -1.17 |
Sharpe Ratio (All Time)Calculated using the full available price history | -0.03 | 0.79 | -0.82 |
Drawdowns
IS0L.DE vs. SXR8.DE - Drawdown Comparison
The maximum IS0L.DE drawdown since its inception was -23.96%, smaller than the maximum SXR8.DE drawdown of -33.78%. Use the drawdown chart below to compare losses from any high point for IS0L.DE and SXR8.DE.
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Drawdown Indicators
| IS0L.DE | SXR8.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -23.96% | -33.78% | +9.82% |
Max Drawdown (1Y)Largest decline over 1 year | -2.93% | -7.13% | +4.20% |
Max Drawdown (3Y)Largest decline over 3 years | -4.96% | -23.32% | +18.36% |
Max Drawdown (5Y)Largest decline over 5 years | -21.24% | -23.32% | +2.08% |
Max Drawdown (10Y)Largest decline over 10 years | -23.96% | -33.78% | +9.82% |
Current DrawdownCurrent decline from peak | -19.49% | -0.45% | -19.04% |
Average DrawdownAverage peak-to-trough decline | -7.79% | -5.17% | -2.62% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.39% | 2.01% | -0.62% |
Volatility
IS0L.DE vs. SXR8.DE - Volatility Comparison
The current volatility for iShares Germany Government Bond UCITS ETF (Dist) (IS0L.DE) is 1.37%, while iShares Core S&P 500 UCITS ETF USD (Acc) (SXR8.DE) has a volatility of 2.65%. This indicates that IS0L.DE experiences smaller price fluctuations and is considered to be less risky than SXR8.DE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| IS0L.DE | SXR8.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 1.37% | 2.65% | -1.28% |
Volatility (6M)Calculated over the trailing 6-month period | 2.74% | 7.57% | -4.83% |
Volatility (1Y)Calculated over the trailing 1-year period | 3.54% | 11.56% | -8.02% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 6.10% | 15.16% | -9.06% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 5.27% | 16.09% | -10.82% |
IS0L.DE vs. SXR8.DE - Expense Ratio Comparison
IS0L.DE has a 0.20% expense ratio, which is higher than SXR8.DE's 0.07% expense ratio. However, both funds are considered low-cost compared to the broader market, where average expense ratios usually range from 0.3% to 0.9%.
Dividends
IS0L.DE vs. SXR8.DE - Dividend Comparison
IS0L.DE's dividend yield for the trailing twelve months is around 2.19%, while SXR8.DE has not paid dividends to shareholders.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
IS0L.DE iShares Germany Government Bond UCITS ETF (Dist) | 2.19% | 2.19% | 2.13% | 0.19% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.03% | 0.35% |
SXR8.DE iShares Core S&P 500 UCITS ETF USD (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
IS0L.DE and SXR8.DE have a correlation of 0.14, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, SXR8.DE is cheaper at 0.07% per year. The better choice depends on whether you care most about return, fees, risk, or income.
SXR8.DE is cheaper with a 0.07% expense ratio, compared with 0.20% for IS0L.DE.
IS0L.DE is categorized as European Government Bonds, while SXR8.DE is S&P 500. IS0L.DE tracks Bloomberg Euro Treasury Germany, while SXR8.DE tracks S&P 500 Index. Their fees differ too: 0.20% for IS0L.DE and 0.07% for SXR8.DE.
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