IS31.DE vs. 5ESE.DE
IS31.DE (iShares Edge S&P 500 Minimum Volatility UCITS ETF EUR Hedged (Acc)) and 5ESE.DE (Invesco S&P 500 Scored & Screened ETF EUR Hdg Acc) are both S&P 500 funds - IS31.DE tracks the S&P 500 Minimum Volatility Index (EUR Hedged) while 5ESE.DE tracks the S&P 500 ESG Index. Both are passively managed. Over the past 3 years, IS31.DE returned 10.50%/yr vs 16.44%/yr for 5ESE.DE. Their correlation of 0.83 suggests significant overlap in exposure. IS31.DE charges 0.25%/yr vs 0.09%/yr for 5ESE.DE.
Performance
IS31.DE vs. 5ESE.DE - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, IS31.DE achieves a 2.76% return, which is significantly lower than 5ESE.DE's 6.75% return.
IS31.DE
- 1D
- -0.37%
- 1M
- 0.00%
- 6M
- 3.26%
- YTD
- 2.76%
- 1Y
- 8.02%
- 3Y*
- 10.50%
- 5Y*
- 5.70%
- 10Y*
- —
5ESE.DE
- 1D
- -1.36%
- 1M
- -1.75%
- 6M
- 6.14%
- YTD
- 6.75%
- 1Y
- 18.87%
- 3Y*
- 16.44%
- 5Y*
- —
- 10Y*
- —
IS31.DE vs. 5ESE.DE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|---|---|
IS31.DE iShares Edge S&P 500 Minimum Volatility UCITS ETF EUR Hedged (Acc) | 2.76% | 9.27% | 16.79% | 6.75% | -14.54% | 5.26% |
5ESE.DE Invesco S&P 500 Scored & Screened ETF EUR Hdg Acc | 6.75% | 15.84% | 21.80% | 24.91% | -21.16% | 2.35% |
Correlation
The correlation between IS31.DE and 5ESE.DE is 0.78, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.78 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.79 |
Correlation (All Time) Calculated using the full available price history since Nov 5, 2021 | 0.83 |
The correlation between IS31.DE and 5ESE.DE has been stable across timeframes, ranging from 0.78 to 0.83 - a consistent structural relationship.
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
IS31.DE vs. 5ESE.DE — Risk / Return Rank
IS31.DE
5ESE.DE
IS31.DE vs. 5ESE.DE - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for iShares Edge S&P 500 Minimum Volatility UCITS ETF EUR Hedged (Acc) (IS31.DE) and Invesco S&P 500 Scored & Screened ETF EUR Hdg Acc (5ESE.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.
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.
| IS31.DE | 5ESE.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.62 | ||
| Sortino ratioReturn per unit of downside risk | -0.99 | ||
| Omega ratioGain probability vs. loss probability | 1.16 | 1.28 | -0.11 |
| Calmar ratioReturn relative to maximum drawdown | 1.20 | 2.04 | -0.84 |
| Martin ratioReturn relative to average drawdown | 4.57 | 8.55 | -3.98 |
Loading charts...
Drawdowns
IS31.DE vs. 5ESE.DE - Drawdown Comparison
The maximum IS31.DE drawdown since its inception was -33.66%, which is greater than 5ESE.DE's maximum drawdown of -25.54%. Use the drawdown chart below to compare losses from any high point for IS31.DE and 5ESE.DE.
Loading charts...
Drawdown Indicators
| IS31.DE | 5ESE.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -33.66% | -25.54% | -8.12% |
Max Drawdown (1Y)Largest decline over 1 year | -6.64% | -9.20% | +2.56% |
Max Drawdown (3Y)Largest decline over 3 years | -12.56% | -19.31% | +6.75% |
Max Drawdown (5Y)Largest decline over 5 years | -20.75% | — | — |
Current DrawdownCurrent decline from peak | -0.83% | -2.43% | +1.60% |
Average DrawdownAverage peak-to-trough decline | -4.83% | -6.85% | +2.02% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.75% | 2.20% | -0.45% |
Volatility
IS31.DE vs. 5ESE.DE - Volatility Comparison
The current volatility for iShares Edge S&P 500 Minimum Volatility UCITS ETF EUR Hedged (Acc) (IS31.DE) is 1.94%, while Invesco S&P 500 Scored & Screened ETF EUR Hdg Acc (5ESE.DE) has a volatility of 2.90%. This indicates that IS31.DE experiences smaller price fluctuations and is considered to be less risky than 5ESE.DE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| IS31.DE | 5ESE.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 1.94% | 2.90% | -0.96% |
Volatility (6M)Calculated over the trailing 6-month period | 6.52% | 9.39% | -2.87% |
Volatility (1Y)Calculated over the trailing 1-year period | 8.69% | 12.20% | -3.51% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 12.78% | 16.58% | -3.80% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 14.36% | 16.58% | -2.22% |
IS31.DE vs. 5ESE.DE - Expense Ratio Comparison
IS31.DE has a 0.25% expense ratio, which is higher than 5ESE.DE's 0.09% 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
IS31.DE vs. 5ESE.DE - Dividend Comparison
Neither IS31.DE nor 5ESE.DE has paid dividends to shareholders.
Frequently Asked Questions
IS31.DE and 5ESE.DE have a correlation of 0.78, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, 5ESE.DE is cheaper at 0.09% per year. The better choice depends on whether you care most about return, fees, risk, or income.
5ESE.DE is cheaper with a 0.09% expense ratio, compared with 0.25% for IS31.DE.
IS31.DE tracks S&P 500 Minimum Volatility Index (EUR Hedged), while 5ESE.DE tracks S&P 500 ESG Index. They also come from different issuers: iShares and Invesco. Their fees differ too: 0.25% for IS31.DE and 0.09% for 5ESE.DE.
Find the right allocation for IS31.DE and 5ESE.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