IS3B.DE vs. IE3E.DE
IS3B.DE (iShares Euro Corporate Bond Financials UCITS ETF) and IE3E.DE (iShares EUR Corporate Bond 0-3yr ESG UCITS ETF EUR Acc) are both European Corporate Bonds funds from iShares - IS3B.DE tracks the Bloomberg Euro Aggregate Financial while IE3E.DE tracks the Bloomberg MSCI Euro Corporate 0-3 Sustainable SRI. Both are passively managed. Over the past 3 years, IS3B.DE returned 5.22%/yr vs 3.74%/yr for IE3E.DE. A 0.74 correlation means they provide meaningful diversification when combined. IS3B.DE charges 0.20%/yr vs 0.12%/yr for IE3E.DE.
Performance
IS3B.DE vs. IE3E.DE - Performance Comparison
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Returns By Period
In the year-to-date period, IS3B.DE achieves a 0.39% return, which is significantly lower than IE3E.DE's 0.48% return.
IS3B.DE
- 1D
- 0.11%
- 1M
- 0.21%
- YTD
- 0.39%
- 6M
- 0.28%
- 1Y
- 2.26%
- 3Y*
- 5.22%
- 5Y*
- 0.42%
- 10Y*
- 1.25%
IE3E.DE
- 1D
- 0.05%
- 1M
- 0.19%
- YTD
- 0.48%
- 6M
- 0.73%
- 1Y
- 1.92%
- 3Y*
- 3.74%
- 5Y*
- —
- 10Y*
- —
IS3B.DE vs. IE3E.DE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | |
|---|---|---|---|---|---|
IS3B.DE iShares Euro Corporate Bond Financials UCITS ETF | 0.39% | 3.53% | 5.28% | 7.82% | -5.56% |
IE3E.DE iShares EUR Corporate Bond 0-3yr ESG UCITS ETF EUR Acc | 0.48% | 3.04% | 4.31% | 4.16% | -1.80% |
Correlation
The correlation between IS3B.DE and IE3E.DE is 0.57, 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 | 0.57 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.71 |
Correlation (All Time) Calculated using the full available price history since May 30, 2022 | 0.74 |
The correlation between IS3B.DE and IE3E.DE shifts across timeframes, from 0.57 (1 year) to 0.74 (all time), reflecting how their relationship changes across market environments.
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Return for Risk
IS3B.DE vs. IE3E.DE — Risk / Return Rank
IS3B.DE
IE3E.DE
IS3B.DE vs. IE3E.DE - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for iShares Euro Corporate Bond Financials UCITS ETF (IS3B.DE) and iShares EUR Corporate Bond 0-3yr ESG UCITS ETF EUR Acc (IE3E.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.
| IS3B.DE | IE3E.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.67 | ||
| Sortino ratioReturn per unit of downside risk | -1.00 | ||
| Omega ratioGain probability vs. loss probability | 1.12 | 1.25 | -0.13 |
| Calmar ratioReturn relative to maximum drawdown | 0.73 | 1.86 | -1.13 |
| Martin ratioReturn relative to average drawdown | 2.62 | 7.32 | -4.70 |
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
| IS3B.DE | IE3E.DE | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 0.58 | 1.25 | -0.67 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.10 | — | — |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.28 | — | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.47 | 1.57 | -1.09 |
Drawdowns
IS3B.DE vs. IE3E.DE - Drawdown Comparison
The maximum IS3B.DE drawdown since its inception was -17.06%, which is greater than IE3E.DE's maximum drawdown of -3.12%. Use the drawdown chart below to compare losses from any high point for IS3B.DE and IE3E.DE.
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Drawdown Indicators
| IS3B.DE | IE3E.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -17.06% | -3.12% | -13.94% |
Max Drawdown (1Y)Largest decline over 1 year | -2.71% | -0.98% | -1.73% |
Max Drawdown (3Y)Largest decline over 3 years | -2.71% | -0.98% | -1.73% |
Max Drawdown (5Y)Largest decline over 5 years | -17.06% | — | — |
Max Drawdown (10Y)Largest decline over 10 years | -17.06% | — | — |
Current DrawdownCurrent decline from peak | -0.77% | -0.08% | -0.69% |
Average DrawdownAverage peak-to-trough decline | -2.97% | -0.55% | -2.42% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 0.76% | 0.25% | +0.51% |
Volatility
IS3B.DE vs. IE3E.DE - Volatility Comparison
iShares Euro Corporate Bond Financials UCITS ETF (IS3B.DE) has a higher volatility of 1.03% compared to iShares EUR Corporate Bond 0-3yr ESG UCITS ETF EUR Acc (IE3E.DE) at 0.42%. This indicates that IS3B.DE's price experiences larger fluctuations and is considered to be riskier than IE3E.DE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| IS3B.DE | IE3E.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 1.03% | 0.42% | +0.61% |
Volatility (6M)Calculated over the trailing 6-month period | 3.16% | 1.31% | +1.85% |
Volatility (1Y)Calculated over the trailing 1-year period | 3.44% | 1.46% | +1.98% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 4.18% | 1.59% | +2.59% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 4.35% | 1.59% | +2.76% |
IS3B.DE vs. IE3E.DE - Expense Ratio Comparison
IS3B.DE has a 0.20% expense ratio, which is higher than IE3E.DE's 0.12% 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
IS3B.DE vs. IE3E.DE - Dividend Comparison
IS3B.DE's dividend yield for the trailing twelve months is around 3.19%, while IE3E.DE has not paid dividends to shareholders.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
IE3E.DE iShares EUR Corporate Bond 0-3yr ESG UCITS ETF EUR 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% |
IS3B.DE iShares Euro Corporate Bond Financials UCITS ETF | 3.19% | 3.08% | 2.95% | 2.42% | 1.00% | 0.75% | 0.97% | 1.09% | 1.10% | 1.12% | 1.52% | 1.70% |
Frequently Asked Questions
IS3B.DE and IE3E.DE have a correlation of 0.57, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, IE3E.DE is cheaper at 0.12% per year. The better choice depends on whether you care most about return, fees, risk, or income.
IE3E.DE is cheaper with a 0.12% expense ratio, compared with 0.20% for IS3B.DE.
IS3B.DE tracks Bloomberg Euro Aggregate Financial, while IE3E.DE tracks Bloomberg MSCI Euro Corporate 0-3 Sustainable SRI. Their fees differ too: 0.20% for IS3B.DE and 0.12% for IE3E.DE.
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