IS31.DE vs. VUSA.DE
IS31.DE (iShares Edge S&P 500 Minimum Volatility UCITS ETF EUR Hedged (Acc)) and VUSA.DE (Vanguard S&P 500 UCITS ETF) are both S&P 500 funds - IS31.DE tracks the S&P 500 Minimum Volatility Index (EUR Hedged) while VUSA.DE tracks the S&P 500 Index. Both are passively managed. Over the past 5 years, IS31.DE returned 5.70%/yr vs 13.46%/yr for VUSA.DE. A 0.75 correlation means they provide meaningful diversification when combined. IS31.DE charges 0.25%/yr vs 0.07%/yr for VUSA.DE.
Performance
IS31.DE vs. VUSA.DE - Performance Comparison
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Returns By Period
In the year-to-date period, IS31.DE achieves a 2.76% return, which is significantly lower than VUSA.DE's 11.79% 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*
- —
VUSA.DE
- 1D
- -1.22%
- 1M
- 0.77%
- 6M
- 9.54%
- YTD
- 11.79%
- 1Y
- 21.57%
- 3Y*
- 18.64%
- 5Y*
- 13.46%
- 10Y*
- —
IS31.DE vs. VUSA.DE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
IS31.DE iShares Edge S&P 500 Minimum Volatility UCITS ETF EUR Hedged (Acc) | 2.76% | 9.27% | 16.79% | 6.75% | -14.54% | 23.93% | 5.67% | 27.41% | -8.01% | 6.15% |
VUSA.DE Vanguard S&P 500 UCITS ETF | 11.79% | 4.74% | 32.32% | 22.44% | -14.26% | 40.77% | 6.76% | 34.45% | -1.11% | 4.09% |
Correlation
The correlation between IS31.DE and VUSA.DE is 0.63, 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 | 0.63 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.66 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.74 |
Correlation (All Time) Calculated using the full available price history since Oct 26, 2017 | 0.75 |
The correlation between IS31.DE and VUSA.DE shifts across timeframes, from 0.63 (1 year) to 0.75 (all time), reflecting how their relationship changes across market environments.
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Return for Risk
IS31.DE vs. VUSA.DE — Risk / Return Rank
IS31.DE
VUSA.DE
IS31.DE vs. VUSA.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 Vanguard S&P 500 UCITS ETF (VUSA.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 | VUSA.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.93 | ||
| Sortino ratioReturn per unit of downside risk | -1.17 | ||
| Omega ratioGain probability vs. loss probability | 1.16 | 1.34 | -0.17 |
| Calmar ratioReturn relative to maximum drawdown | 1.20 | 3.11 | -1.91 |
| Martin ratioReturn relative to average drawdown | 4.57 | 11.10 | -6.53 |
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Drawdowns
IS31.DE vs. VUSA.DE - Drawdown Comparison
The maximum IS31.DE drawdown since its inception was -33.66%, roughly equal to the maximum VUSA.DE drawdown of -33.64%. Use the drawdown chart below to compare losses from any high point for IS31.DE and VUSA.DE.
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Drawdown Indicators
| IS31.DE | VUSA.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -33.66% | -33.64% | -0.02% |
Max Drawdown (1Y)Largest decline over 1 year | -6.64% | -6.91% | +0.27% |
Max Drawdown (3Y)Largest decline over 3 years | -12.56% | -23.24% | +10.68% |
Max Drawdown (5Y)Largest decline over 5 years | -20.75% | -23.24% | +2.49% |
Current DrawdownCurrent decline from peak | -0.83% | -1.33% | +0.50% |
Average DrawdownAverage peak-to-trough decline | -4.83% | -4.34% | -0.49% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.75% | 1.94% | -0.19% |
Volatility
IS31.DE vs. VUSA.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 Vanguard S&P 500 UCITS ETF (VUSA.DE) has a volatility of 2.98%. This indicates that IS31.DE experiences smaller price fluctuations and is considered to be less risky than VUSA.DE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| IS31.DE | VUSA.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 1.94% | 2.98% | -1.04% |
Volatility (6M)Calculated over the trailing 6-month period | 6.52% | 7.87% | -1.35% |
Volatility (1Y)Calculated over the trailing 1-year period | 8.69% | 11.75% | -3.06% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 12.78% | 15.21% | -2.43% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 14.36% | 16.70% | -2.34% |
IS31.DE vs. VUSA.DE - Expense Ratio Comparison
IS31.DE has a 0.25% expense ratio, which is higher than VUSA.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
IS31.DE vs. VUSA.DE - Dividend Comparison
IS31.DE has not paid dividends to shareholders, while VUSA.DE's dividend yield for the trailing twelve months is around 0.87%.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 |
|---|---|---|---|---|---|---|---|---|---|---|
IS31.DE iShares Edge S&P 500 Minimum Volatility UCITS ETF EUR Hedged (Acc) | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
VUSA.DE Vanguard S&P 500 UCITS ETF | 0.87% | 0.97% | 1.00% | 1.25% | 1.45% | 1.02% | 1.43% | 1.45% | 1.74% | 0.41% |
Frequently Asked Questions
IS31.DE and VUSA.DE have a correlation of 0.63, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, VUSA.DE is cheaper at 0.07% per year. The better choice depends on whether you care most about return, fees, risk, or income.
VUSA.DE is cheaper with a 0.07% expense ratio, compared with 0.25% for IS31.DE.
IS31.DE tracks S&P 500 Minimum Volatility Index (EUR Hedged), while VUSA.DE tracks S&P 500 Index. They also come from different issuers: iShares and Vanguard. Their fees differ too: 0.25% for IS31.DE and 0.07% for VUSA.DE.
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