IS3C.DE vs. SEC0.DE
IS3C.DE (iShares J.P. Morgan USD EM Bond EUR Hedged UCITS ETF (Dist)) and SEC0.DE (iShares MSCI Global Semiconductors UCITS ETF USD (Acc)) are both exchange-traded funds - IS3C.DE is a Emerging Markets Bonds fund tracking the JP Morgan EMBI Global Core (EUR Hedged), while SEC0.DE is a Semiconductors fund tracking the MSCI ACWI IMI Semiconductors & Semiconductor Equipment ESG Screened Select Capped. Both are passively managed. Over the past 3 years, IS3C.DE returned 2.01%/yr vs 56.37%/yr for SEC0.DE. At a 0.35 correlation, their price movements are largely independent. IS3C.DE charges 0.50%/yr vs 0.35%/yr for SEC0.DE.
Performance
IS3C.DE vs. SEC0.DE - Performance Comparison
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Returns By Period
In the year-to-date period, IS3C.DE achieves a -1.63% return, which is significantly lower than SEC0.DE's 98.10% return.
IS3C.DE
- 1D
- 0.23%
- 1M
- 0.40%
- YTD
- -1.63%
- 6M
- -1.60%
- 1Y
- 2.73%
- 3Y*
- 2.01%
- 5Y*
- -3.40%
- 10Y*
- -0.58%
SEC0.DE
- 1D
- -2.85%
- 1M
- 23.18%
- YTD
- 98.10%
- 6M
- 100.19%
- 1Y
- 192.28%
- 3Y*
- 56.37%
- 5Y*
- —
- 10Y*
- —
IS3C.DE vs. SEC0.DE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|---|---|
IS3C.DE iShares J.P. Morgan USD EM Bond EUR Hedged UCITS ETF (Dist) | -1.63% | 5.32% | -1.72% | 5.39% | -20.57% | -1.86% |
SEC0.DE iShares MSCI Global Semiconductors UCITS ETF USD (Acc) | 98.10% | 36.46% | 20.85% | 61.01% | -32.22% | 21.11% |
Correlation
The correlation between IS3C.DE and SEC0.DE is 0.35, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.35 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.26 |
Correlation (All Time) Calculated using the full available price history since Aug 9, 2021 | 0.35 |
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Return for Risk
IS3C.DE vs. SEC0.DE — Risk / Return Rank
IS3C.DE
SEC0.DE
IS3C.DE vs. SEC0.DE - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for iShares J.P. Morgan USD EM Bond EUR Hedged UCITS ETF (Dist) (IS3C.DE) and iShares MSCI Global Semiconductors UCITS ETF USD (Acc) (SEC0.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.
| IS3C.DE | SEC0.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -5.45 | ||
| Sortino ratioReturn per unit of downside risk | -5.17 | ||
| Omega ratioGain probability vs. loss probability | 1.08 | 1.75 | -0.66 |
| Calmar ratioReturn relative to maximum drawdown | 0.48 | 14.81 | -14.32 |
| Martin ratioReturn relative to average drawdown | 1.52 | 52.61 | -51.09 |
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
| IS3C.DE | SEC0.DE | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 0.44 | 5.89 | -5.45 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | -0.38 | — | — |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | -0.06 | — | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.00 | 1.17 | -1.16 |
Drawdowns
IS3C.DE vs. SEC0.DE - Drawdown Comparison
The maximum IS3C.DE drawdown since its inception was -30.78%, smaller than the maximum SEC0.DE drawdown of -39.35%. Use the drawdown chart below to compare losses from any high point for IS3C.DE and SEC0.DE.
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Drawdown Indicators
| IS3C.DE | SEC0.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -30.78% | -39.35% | +8.57% |
Max Drawdown (1Y)Largest decline over 1 year | -5.62% | -12.90% | +7.28% |
Max Drawdown (3Y)Largest decline over 3 years | -8.94% | -39.35% | +30.41% |
Max Drawdown (5Y)Largest decline over 5 years | -30.47% | — | — |
Max Drawdown (10Y)Largest decline over 10 years | -30.78% | — | — |
Current DrawdownCurrent decline from peak | -17.90% | -2.85% | -15.05% |
Average DrawdownAverage peak-to-trough decline | -9.16% | -11.85% | +2.69% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.79% | 3.64% | -1.85% |
Volatility
IS3C.DE vs. SEC0.DE - Volatility Comparison
The current volatility for iShares J.P. Morgan USD EM Bond EUR Hedged UCITS ETF (Dist) (IS3C.DE) is 2.10%, while iShares MSCI Global Semiconductors UCITS ETF USD (Acc) (SEC0.DE) has a volatility of 13.13%. This indicates that IS3C.DE experiences smaller price fluctuations and is considered to be less risky than SEC0.DE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| IS3C.DE | SEC0.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 2.10% | 13.13% | -11.03% |
Volatility (6M)Calculated over the trailing 6-month period | 5.14% | 25.14% | -20.00% |
Volatility (1Y)Calculated over the trailing 1-year period | 6.18% | 32.42% | -26.24% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 8.94% | 29.95% | -21.01% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 9.30% | 29.95% | -20.65% |
IS3C.DE vs. SEC0.DE - Expense Ratio Comparison
IS3C.DE has a 0.50% expense ratio, which is higher than SEC0.DE's 0.35% expense ratio.
Dividends
IS3C.DE vs. SEC0.DE - Dividend Comparison
Neither IS3C.DE nor SEC0.DE has paid dividends to shareholders.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
IS3C.DE iShares J.P. Morgan USD EM Bond EUR Hedged UCITS ETF (Dist) | 0.00% | 0.00% | 0.00% | 3.58% | 5.39% | 3.93% | 3.85% | 4.77% | 5.76% | 3.88% | 5.34% | 4.72% |
SEC0.DE iShares MSCI Global Semiconductors UCITS ETF USD (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
IS3C.DE and SEC0.DE have a correlation of 0.35, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, SEC0.DE is cheaper at 0.35% per year. The better choice depends on whether you care most about return, fees, risk, or income.
SEC0.DE is cheaper with a 0.35% expense ratio, compared with 0.50% for IS3C.DE.
IS3C.DE is categorized as Emerging Markets Bonds, while SEC0.DE is Semiconductors. IS3C.DE tracks JP Morgan EMBI Global Core (EUR Hedged), while SEC0.DE tracks MSCI ACWI IMI Semiconductors & Semiconductor Equipment ESG Screened Select Capped. Their fees differ too: 0.50% for IS3C.DE and 0.35% for SEC0.DE.
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