IS0X.DE vs. CHFUSD=X
IS0X.DE (iShares Global Corporate Bond UCITS ETF) is Global Corporate Bonds fund tracking the Bloomberg Global Aggregate Corporate, while CHFUSD=X (USD/CHF) is a currency. Over the past 10 years, IS0X.DE returned 1.52%/yr vs 1.60%/yr for CHFUSD=X. At a 0.23 correlation, their price movements are largely independent.
Performance
IS0X.DE vs. CHFUSD=X - Performance Comparison
Loading charts...
Different Trading Currencies
IS0X.DE is traded in EUR, while CHFUSD=X is traded in USD. To make them comparable, the CHFUSD=X values have been converted to EUR using the latest available exchange rates.
Returns By Period
In the year-to-date period, IS0X.DE achieves a 2.13% return, which is significantly higher than CHFUSD=X's 0.68% return. Over the past 10 years, IS0X.DE has underperformed CHFUSD=X with an annualized return of 1.52%, while CHFUSD=X has yielded a comparatively higher 1.60% annualized return.
IS0X.DE
- 1D
- 0.01%
- 1M
- -0.12%
- 6M
- 1.64%
- YTD
- 2.13%
- 1Y
- 4.76%
- 3Y*
- 4.01%
- 5Y*
- 0.43%
- 10Y*
- 1.52%
- ALL TIME*
- 1.03%
CHFUSD=X
- 1D
- -0.12%
- 1M
- 0.12%
- 6M
- 0.42%
- YTD
- 0.68%
- 1Y
- 0.72%
- 3Y*
- 1.37%
- 5Y*
- 3.20%
- 10Y*
- 1.60%
- ALL TIME*
- 3.16%
IS0X.DE vs. CHFUSD=X - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
IS0X.DE iShares Global Corporate Bond UCITS ETF | 2.13% | -2.16% | 7.10% | 5.53% | -11.18% | 4.80% | 0.18% | 14.28% | 0.50% | -4.36% |
CHFUSD=X USD/CHF | 0.68% | 0.97% | -1.18% | 6.54% | 4.77% | 4.29% | 0.41% | 3.81% | 3.79% | -8.29% |
Correlation
The correlation between IS0X.DE and CHFUSD=X is -0.02, meaning there is essentially no relationship between their price movements. Each responds to its own set of market drivers, making them strong candidates for combining in a diversified portfolio.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | -0.02 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.14 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.22 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.24 |
Correlation (All Time) Calculated using the full available price history since Sep 24, 2012 | 0.23 |
The correlation between IS0X.DE and CHFUSD=X shifts across timeframes, from -0.02 (1 year) to 0.24 (10 years), reflecting how their relationship changes across market environments.
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
IS0X.DE vs. CHFUSD=X — Risk / Return Rank
IS0X.DE
CHFUSD=X
IS0X.DE vs. CHFUSD=X - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for iShares Global Corporate Bond UCITS ETF (IS0X.DE) and USD/CHF (CHFUSD=X). 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.
| IS0X.DE | CHFUSD=X | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.95 | ||
| Sortino ratioReturn per unit of downside risk | +1.43 | ||
| Omega ratioGain probability vs. loss probability | 1.20 | 1.03 | +0.17 |
| Calmar ratioReturn relative to maximum drawdown | 2.28 | 0.20 | +2.08 |
| Martin ratioReturn relative to average drawdown | 5.00 | 0.42 | +4.58 |
Loading charts...
Drawdowns
IS0X.DE vs. CHFUSD=X - Drawdown Comparison
The maximum IS0X.DE drawdown since its inception was -27.33%, which is greater than CHFUSD=X's maximum drawdown of -18.49%. Use the drawdown chart below to compare losses from any high point for IS0X.DE and CHFUSD=X.
Loading charts...
Drawdown Indicators
| IS0X.DE | CHFUSD=X | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -27.33% | -18.49% | -8.84% |
Max Drawdown (1Y)Largest decline over 1 year | -2.08% | -2.95% | +0.87% |
Max Drawdown (3Y)Largest decline over 3 years | -8.55% | -6.63% | -1.92% |
Max Drawdown (5Y)Largest decline over 5 years | -13.06% | -6.63% | -6.43% |
Max Drawdown (10Y)Largest decline over 10 years | -17.31% | -11.28% | -6.03% |
Current DrawdownCurrent decline from peak | -2.28% | -2.67% | +0.39% |
Average DrawdownAverage peak-to-trough decline | -9.94% | -7.84% | -2.10% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 0.95% | 1.48% | -0.53% |
Volatility
IS0X.DE vs. CHFUSD=X - Volatility Comparison
iShares Global Corporate Bond UCITS ETF (IS0X.DE) has a higher volatility of 1.02% compared to USD/CHF (CHFUSD=X) at 0.88%. This indicates that IS0X.DE's price experiences larger fluctuations and is considered to be riskier than CHFUSD=X based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| IS0X.DE | CHFUSD=X | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 1.02% | 0.88% | +0.14% |
Volatility (6M)Calculated over the trailing 6-month period | 2.89% | 2.64% | +0.25% |
Volatility (1Y)Calculated over the trailing 1-year period | 4.24% | 3.45% | +0.79% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 6.43% | 5.40% | +1.03% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 8.31% | 4.94% | +3.37% |
Frequently Asked Questions
IS0X.DE and CHFUSD=X have a correlation of -0.02, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
Find the right allocation for IS0X.DE and CHFUSD=X
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