IS3H.DE vs. SXRY.DE
IS3H.DE (iShares MSCI EMU Mid Cap UCITS ETF) and SXRY.DE (iShares FTSE MIB UCITS ETF (Acc)) are both Europe Equities funds from iShares - IS3H.DE tracks the MSCI EMU Mid Cap while SXRY.DE tracks the FTSE MIB. Both are passively managed. Over the past 10 years, IS3H.DE returned 10.75%/yr vs 16.60%/yr for SXRY.DE. Their correlation of 0.84 suggests significant overlap in exposure. IS3H.DE charges 0.49%/yr vs 0.33%/yr for SXRY.DE.
Performance
IS3H.DE vs. SXRY.DE - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, IS3H.DE achieves a 12.27% return, which is significantly lower than SXRY.DE's 17.22% return. Over the past 10 years, IS3H.DE has underperformed SXRY.DE with an annualized return of 10.75%, while SXRY.DE has yielded a comparatively higher 16.60% annualized return.
IS3H.DE
- 1D
- -0.47%
- 1M
- 2.07%
- YTD
- 12.27%
- 6M
- 12.80%
- 1Y
- 21.89%
- 3Y*
- 19.80%
- 5Y*
- 9.49%
- 10Y*
- 10.75%
SXRY.DE
- 1D
- -0.85%
- 1M
- 3.87%
- YTD
- 17.22%
- 6M
- 18.03%
- 1Y
- 36.08%
- 3Y*
- 29.01%
- 5Y*
- 20.33%
- 10Y*
- 16.60%
IS3H.DE vs. SXRY.DE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
IS3H.DE iShares MSCI EMU Mid Cap UCITS ETF | 12.27% | 30.84% | 11.73% | 8.69% | -14.80% | 15.41% | 3.89% | 29.27% | -15.98% | 19.16% |
SXRY.DE iShares FTSE MIB UCITS ETF (Acc) | 17.22% | 37.80% | 18.15% | 33.34% | -9.13% | 26.71% | -4.02% | 33.22% | -14.32% | 16.72% |
Correlation
The correlation between IS3H.DE and SXRY.DE is 0.80, indicating a strong positive relationship between their price movements. Combining them offers limited diversification - they tend to fall together during downturns.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.80 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.84 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.86 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.83 |
Correlation (All Time) Calculated using the full available price history since Sep 13, 2013 | 0.84 |
The correlation between IS3H.DE and SXRY.DE has been stable across timeframes, ranging from 0.80 to 0.86 - 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
IS3H.DE vs. SXRY.DE — Risk / Return Rank
IS3H.DE
SXRY.DE
IS3H.DE vs. SXRY.DE - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for iShares MSCI EMU Mid Cap UCITS ETF (IS3H.DE) and iShares FTSE MIB UCITS ETF (Acc) (SXRY.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.
| IS3H.DE | SXRY.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.49 | ||
| Sortino ratioReturn per unit of downside risk | -0.57 | ||
| Omega ratioGain probability vs. loss probability | 1.33 | 1.39 | -0.06 |
| Calmar ratioReturn relative to maximum drawdown | 2.69 | 3.71 | -1.02 |
| Martin ratioReturn relative to average drawdown | 9.74 | 13.73 | -3.99 |
Loading charts...
Drawdowns
IS3H.DE vs. SXRY.DE - Drawdown Comparison
The maximum IS3H.DE drawdown since its inception was -37.64%, smaller than the maximum SXRY.DE drawdown of -43.59%. Use the drawdown chart below to compare losses from any high point for IS3H.DE and SXRY.DE.
Loading charts...
Drawdown Indicators
| IS3H.DE | SXRY.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -37.64% | -43.59% | +5.95% |
Max Drawdown (1Y)Largest decline over 1 year | -8.11% | -9.69% | +1.58% |
Max Drawdown (3Y)Largest decline over 3 years | -14.21% | -17.61% | +3.40% |
Max Drawdown (5Y)Largest decline over 5 years | -26.54% | -25.00% | -1.54% |
Max Drawdown (10Y)Largest decline over 10 years | -37.64% | -40.81% | +3.17% |
Current DrawdownCurrent decline from peak | -1.03% | -2.82% | +1.79% |
Average DrawdownAverage peak-to-trough decline | -6.29% | -11.60% | +5.31% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.24% | 2.62% | -0.38% |
Volatility
IS3H.DE vs. SXRY.DE - Volatility Comparison
The current volatility for iShares MSCI EMU Mid Cap UCITS ETF (IS3H.DE) is 2.36%, while iShares FTSE MIB UCITS ETF (Acc) (SXRY.DE) has a volatility of 4.01%. This indicates that IS3H.DE experiences smaller price fluctuations and is considered to be less risky than SXRY.DE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| IS3H.DE | SXRY.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 2.36% | 4.01% | -1.65% |
Volatility (6M)Calculated over the trailing 6-month period | 9.91% | 12.81% | -2.90% |
Volatility (1Y)Calculated over the trailing 1-year period | 12.34% | 15.91% | -3.57% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 15.32% | 18.29% | -2.97% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 15.85% | 19.60% | -3.75% |
IS3H.DE vs. SXRY.DE - Expense Ratio Comparison
IS3H.DE has a 0.49% expense ratio, which is higher than SXRY.DE's 0.33% expense ratio.
Dividends
IS3H.DE vs. SXRY.DE - Dividend Comparison
Neither IS3H.DE nor SXRY.DE has paid dividends to shareholders.
Frequently Asked Questions
IS3H.DE and SXRY.DE have a correlation of 0.80, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, SXRY.DE is cheaper at 0.33% per year. The better choice depends on whether you care most about return, fees, risk, or income.
SXRY.DE is cheaper with a 0.33% expense ratio, compared with 0.49% for IS3H.DE.
IS3H.DE tracks MSCI EMU Mid Cap, while SXRY.DE tracks FTSE MIB. Their fees differ too: 0.49% for IS3H.DE and 0.33% for SXRY.DE.
Find the right allocation for IS3H.DE and SXRY.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