IS3M.DE vs. IS3Q.DE
IS3M.DE (iShares € Ultrashort Bond UCITS ETF) and IS3Q.DE (iShares Edge MSCI World Quality Factor UCITS ETF (Acc)) are both exchange-traded funds - IS3M.DE is a Ultrashort Bond fund tracking the Markit iBoxx EUR Liquid Investment Grade Ultrashort Index (EUR), while IS3Q.DE is a Global Equities fund tracking the MSCI World Sector Neutral Quality. Both are passively managed. Over the past 10 years, IS3M.DE returned 1.01%/yr vs 12.05%/yr for IS3Q.DE. At a 0.04 correlation, their price movements are largely independent. IS3M.DE charges 0.09%/yr vs 0.30%/yr for IS3Q.DE.
Performance
IS3M.DE vs. IS3Q.DE - Performance Comparison
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Returns By Period
In the year-to-date period, IS3M.DE achieves a 0.92% return, which is significantly lower than IS3Q.DE's 9.47% return. Over the past 10 years, IS3M.DE has underperformed IS3Q.DE with an annualized return of 1.01%, while IS3Q.DE has yielded a comparatively higher 12.05% annualized return.
IS3M.DE
- 1D
- 0.04%
- 1M
- 0.34%
- YTD
- 0.92%
- 6M
- 1.01%
- 1Y
- 2.26%
- 3Y*
- 3.34%
- 5Y*
- 2.10%
- 10Y*
- 1.01%
IS3Q.DE
- 1D
- 0.75%
- 1M
- 4.24%
- YTD
- 9.47%
- 6M
- 10.10%
- 1Y
- 18.87%
- 3Y*
- 15.09%
- 5Y*
- 11.35%
- 10Y*
- 12.05%
IS3M.DE vs. IS3Q.DE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
IS3M.DE iShares € Ultrashort Bond UCITS ETF | 0.92% | 2.61% | 4.12% | 3.42% | -0.29% | -0.36% | 0.09% | 0.34% | -0.62% | -0.09% |
IS3Q.DE iShares Edge MSCI World Quality Factor UCITS ETF (Acc) | 9.47% | 2.80% | 23.78% | 21.70% | -14.84% | 34.28% | 4.44% | 33.90% | -3.45% | 8.34% |
Correlation
The correlation between IS3M.DE and IS3Q.DE is 0.14, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.14 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.04 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.05 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.04 |
Correlation (All Time) Calculated using the full available price history since Oct 8, 2014 | 0.04 |
The correlation between IS3M.DE and IS3Q.DE shifts across timeframes, from 0.04 (10 years) to 0.14 (1 year), reflecting how their relationship changes across market environments.
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Return for Risk
IS3M.DE vs. IS3Q.DE — Risk / Return Rank
IS3M.DE
IS3Q.DE
IS3M.DE vs. IS3Q.DE - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for iShares € Ultrashort Bond UCITS ETF (IS3M.DE) and iShares Edge MSCI World Quality Factor UCITS ETF (Acc) (IS3Q.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.
| IS3M.DE | IS3Q.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +1.19 | ||
| Sortino ratioReturn per unit of downside risk | +2.14 | ||
| Omega ratioGain probability vs. loss probability | 1.64 | 1.33 | +0.30 |
| Calmar ratioReturn relative to maximum drawdown | 7.59 | 2.97 | +4.62 |
| Martin ratioReturn relative to average drawdown | 49.96 | 11.80 | +38.16 |
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
| IS3M.DE | IS3Q.DE | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 2.95 | 1.76 | +1.19 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 2.74 | 0.79 | +1.95 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.91 | 0.80 | +0.10 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.86 | 0.76 | +0.09 |
Drawdowns
IS3M.DE vs. IS3Q.DE - Drawdown Comparison
The maximum IS3M.DE drawdown since its inception was -3.80%, smaller than the maximum IS3Q.DE drawdown of -32.31%. Use the drawdown chart below to compare losses from any high point for IS3M.DE and IS3Q.DE.
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Drawdown Indicators
| IS3M.DE | IS3Q.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -3.80% | -32.31% | +28.51% |
Max Drawdown (1Y)Largest decline over 1 year | -0.30% | -6.33% | +6.03% |
Max Drawdown (3Y)Largest decline over 3 years | -0.47% | -20.63% | +20.16% |
Max Drawdown (5Y)Largest decline over 5 years | -1.21% | -20.63% | +19.42% |
Max Drawdown (10Y)Largest decline over 10 years | -3.80% | -32.31% | +28.51% |
Current DrawdownCurrent decline from peak | -0.01% | -0.12% | +0.11% |
Average DrawdownAverage peak-to-trough decline | -0.29% | -4.61% | +4.32% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 0.05% | 1.60% | -1.55% |
Volatility
IS3M.DE vs. IS3Q.DE - Volatility Comparison
The current volatility for iShares € Ultrashort Bond UCITS ETF (IS3M.DE) is 0.29%, while iShares Edge MSCI World Quality Factor UCITS ETF (Acc) (IS3Q.DE) has a volatility of 2.37%. This indicates that IS3M.DE experiences smaller price fluctuations and is considered to be less risky than IS3Q.DE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| IS3M.DE | IS3Q.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 0.29% | 2.37% | -2.08% |
Volatility (6M)Calculated over the trailing 6-month period | 0.59% | 7.31% | -6.72% |
Volatility (1Y)Calculated over the trailing 1-year period | 0.76% | 10.66% | -9.90% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 0.76% | 14.15% | -13.39% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 1.11% | 14.89% | -13.78% |
IS3M.DE vs. IS3Q.DE - Expense Ratio Comparison
IS3M.DE has a 0.09% expense ratio, which is lower than IS3Q.DE's 0.30% expense ratio.
Dividends
IS3M.DE vs. IS3Q.DE - Dividend Comparison
IS3M.DE's dividend yield for the trailing twelve months is around 3.29%, while IS3Q.DE has not paid dividends to shareholders.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
IS3M.DE iShares € Ultrashort Bond UCITS ETF | 3.29% | 2.74% | 3.80% | 2.17% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.03% | 0.13% |
IS3Q.DE iShares Edge MSCI World Quality Factor UCITS ETF (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
IS3M.DE and IS3Q.DE have a correlation of 0.14, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, IS3M.DE is cheaper at 0.09% per year. The better choice depends on whether you care most about return, fees, risk, or income.
IS3M.DE is cheaper with a 0.09% expense ratio, compared with 0.30% for IS3Q.DE.
IS3M.DE is categorized as Ultrashort Bond, while IS3Q.DE is Global Equities. IS3M.DE tracks Markit iBoxx EUR Liquid Investment Grade Ultrashort Index (EUR), while IS3Q.DE tracks MSCI World Sector Neutral Quality. Their fees differ too: 0.09% for IS3M.DE and 0.30% for IS3Q.DE.
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