IS0R.DE vs. IS3N.DE
IS0R.DE (iShares USD High Yield Corporate Bond UCITS ETF USD (Dist)) and IS3N.DE (iShares Core MSCI Emerging Markets IMI UCITS ETF (Acc)) are both exchange-traded funds - IS0R.DE is a High Yield Bonds fund tracking the iBoxx® USD Liquid High Yield Capped, while IS3N.DE is a Emerging Markets Equities fund tracking the MSCI Emerging Markets Investable Market (IMI). Both are passively managed. Over the past 10 years, IS0R.DE returned 4.79%/yr vs 10.00%/yr for IS3N.DE. At a 0.44 correlation, their price movements are largely independent. IS0R.DE charges 0.50%/yr vs 0.18%/yr for IS3N.DE.
Performance
IS0R.DE vs. IS3N.DE - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, IS0R.DE achieves a 2.44% return, which is significantly lower than IS3N.DE's 25.82% return. Over the past 10 years, IS0R.DE has underperformed IS3N.DE with an annualized return of 4.79%, while IS3N.DE has yielded a comparatively higher 10.00% annualized return.
IS0R.DE
- 1D
- 0.10%
- 1M
- 1.07%
- YTD
- 2.44%
- 6M
- 2.00%
- 1Y
- 5.17%
- 3Y*
- 5.34%
- 5Y*
- 4.94%
- 10Y*
- 4.79%
IS3N.DE
- 1D
- -1.45%
- 1M
- 3.11%
- YTD
- 25.82%
- 6M
- 26.34%
- 1Y
- 45.77%
- 3Y*
- 19.99%
- 5Y*
- 8.61%
- 10Y*
- 10.00%
IS0R.DE vs. IS3N.DE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
IS0R.DE iShares USD High Yield Corporate Bond UCITS ETF USD (Dist) | 2.44% | -2.53% | 12.70% | 6.99% | -3.38% | 12.70% | -4.57% | 16.09% | 2.76% | -7.28% |
IS3N.DE iShares Core MSCI Emerging Markets IMI UCITS ETF (Acc) | 25.82% | 17.14% | 13.87% | 7.20% | -14.09% | 7.38% | 7.07% | 21.01% | -11.06% | 20.43% |
Correlation
The correlation between IS0R.DE and IS3N.DE is 0.23, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.23 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.23 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.27 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.39 |
Correlation (All Time) Calculated using the full available price history since Nov 11, 2014 | 0.44 |
Over the past year, the correlation between IS0R.DE and IS3N.DE has dropped to 0.23 - well below their long-term average of 0.44, suggesting their price drivers have been diverging.
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Return for Risk
IS0R.DE vs. IS3N.DE — Risk / Return Rank
IS0R.DE
IS3N.DE
IS0R.DE vs. IS3N.DE - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for iShares USD High Yield Corporate Bond UCITS ETF USD (Dist) (IS0R.DE) and iShares Core MSCI Emerging Markets IMI UCITS ETF (Acc) (IS3N.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.
| IS0R.DE | IS3N.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -1.77 | ||
| Sortino ratioReturn per unit of downside risk | -2.23 | ||
| Omega ratioGain probability vs. loss probability | 1.17 | 1.49 | -0.32 |
| Calmar ratioReturn relative to maximum drawdown | 1.65 | 4.42 | -2.77 |
| Martin ratioReturn relative to average drawdown | 5.16 | 16.00 | -10.84 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
Loading charts...
Sharpe Ratios by Period
| IS0R.DE | IS3N.DE | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 0.92 | 2.69 | -1.77 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.64 | 0.53 | +0.11 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.54 | 0.55 | -0.01 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.49 | 0.44 | +0.05 |
Drawdowns
IS0R.DE vs. IS3N.DE - Drawdown Comparison
The maximum IS0R.DE drawdown since its inception was -22.05%, smaller than the maximum IS3N.DE drawdown of -35.06%. Use the drawdown chart below to compare losses from any high point for IS0R.DE and IS3N.DE.
Loading charts...
Drawdown Indicators
| IS0R.DE | IS3N.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -22.05% | -35.06% | +13.01% |
Max Drawdown (1Y)Largest decline over 1 year | -3.11% | -10.52% | +7.41% |
Max Drawdown (3Y)Largest decline over 3 years | -11.44% | -19.17% | +7.73% |
Max Drawdown (5Y)Largest decline over 5 years | -11.44% | -22.01% | +10.57% |
Max Drawdown (10Y)Largest decline over 10 years | -22.05% | -32.51% | +10.46% |
Current DrawdownCurrent decline from peak | -3.26% | -2.49% | -0.77% |
Average DrawdownAverage peak-to-trough decline | -4.74% | -9.30% | +4.56% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.00% | 2.91% | -1.91% |
Volatility
IS0R.DE vs. IS3N.DE - Volatility Comparison
The current volatility for iShares USD High Yield Corporate Bond UCITS ETF USD (Dist) (IS0R.DE) is 0.84%, while iShares Core MSCI Emerging Markets IMI UCITS ETF (Acc) (IS3N.DE) has a volatility of 7.16%. This indicates that IS0R.DE experiences smaller price fluctuations and is considered to be less risky than IS3N.DE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| IS0R.DE | IS3N.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 0.84% | 7.16% | -6.32% |
Volatility (6M)Calculated over the trailing 6-month period | 3.65% | 14.69% | -11.04% |
Volatility (1Y)Calculated over the trailing 1-year period | 5.59% | 17.32% | -11.73% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 7.66% | 16.19% | -8.53% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 8.84% | 18.04% | -9.20% |
IS0R.DE vs. IS3N.DE - Expense Ratio Comparison
IS0R.DE has a 0.50% expense ratio, which is higher than IS3N.DE's 0.18% expense ratio.
Dividends
IS0R.DE vs. IS3N.DE - Dividend Comparison
IS0R.DE's dividend yield for the trailing twelve months is around 6.21%, while IS3N.DE has not paid dividends to shareholders.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
IS0R.DE iShares USD High Yield Corporate Bond UCITS ETF USD (Dist) | 6.21% | 6.34% | 6.27% | 5.74% | 4.94% | 4.18% | 5.22% | 5.46% | 5.65% | 5.88% | 5.32% | 6.00% |
IS3N.DE iShares Core MSCI Emerging Markets IMI 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
IS0R.DE and IS3N.DE have a correlation of 0.23, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, IS3N.DE is cheaper at 0.18% per year. The better choice depends on whether you care most about return, fees, risk, or income.
IS3N.DE is cheaper with a 0.18% expense ratio, compared with 0.50% for IS0R.DE.
IS0R.DE is categorized as High Yield Bonds, while IS3N.DE is Emerging Markets Equities. IS0R.DE tracks iBoxx® USD Liquid High Yield Capped, while IS3N.DE tracks MSCI Emerging Markets Investable Market (IMI). Their fees differ too: 0.50% for IS0R.DE and 0.18% for IS3N.DE.
Find the right allocation for IS0R.DE and IS3N.DE
Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Optimizer