IS3N.DE vs. DBXD.DE
IS3N.DE (iShares Core MSCI Emerging Markets IMI UCITS ETF (Acc)) and DBXD.DE (Xtrackers DAX UCITS ETF 1C) are both exchange-traded funds - IS3N.DE is a Emerging Markets Equities fund tracking the MSCI Emerging Markets Investable Market Index (IMI), while DBXD.DE is a Europe Equities fund tracking the DAX®. Both are passively managed. Over the past 10 years, IS3N.DE returned 8.50%/yr vs 9.03%/yr for DBXD.DE. A 0.63 correlation means they provide meaningful diversification when combined. IS3N.DE charges 0.18%/yr vs 0.09%/yr for DBXD.DE.
Performance
IS3N.DE vs. DBXD.DE - Performance Comparison
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Returns By Period
In the year-to-date period, IS3N.DE achieves a 18.17% return, which is significantly higher than DBXD.DE's 0.89% return. Over the past 10 years, IS3N.DE has underperformed DBXD.DE with an annualized return of 8.50%, while DBXD.DE has yielded a comparatively higher 9.03% annualized return.
IS3N.DE
- 1D
- -1.97%
- 1M
- -9.63%
- 6M
- 10.94%
- YTD
- 18.17%
- 1Y
- 31.10%
- 3Y*
- 17.61%
- 5Y*
- 7.21%
- 10Y*
- 8.50%
DBXD.DE
- 1D
- -0.34%
- 1M
- -0.73%
- 6M
- -2.21%
- YTD
- 0.89%
- 1Y
- 1.76%
- 3Y*
- 14.95%
- 5Y*
- 9.27%
- 10Y*
- 9.03%
IS3N.DE vs. DBXD.DE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
IS3N.DE iShares Core MSCI Emerging Markets IMI UCITS ETF (Acc) | 18.17% | 17.14% | 13.88% | 7.20% | -13.85% | 7.09% | 7.07% | 20.99% | -11.06% | 20.43% |
DBXD.DE Xtrackers DAX UCITS ETF 1C | 0.89% | 22.65% | 18.18% | 19.60% | -12.74% | 15.26% | 3.11% | 24.69% | -18.52% | 12.12% |
Correlation
The correlation between IS3N.DE and DBXD.DE is 0.59, 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 | 0.59 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.55 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.56 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.61 |
Correlation (All Time) Calculated using the full available price history since Jun 4, 2014 | 0.63 |
The correlation between IS3N.DE and DBXD.DE has been stable across timeframes, ranging from 0.55 to 0.63 - a consistent structural relationship.
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Return for Risk
IS3N.DE vs. DBXD.DE — Risk / Return Rank
IS3N.DE
DBXD.DE
IS3N.DE vs. DBXD.DE - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for iShares Core MSCI Emerging Markets IMI UCITS ETF (Acc) (IS3N.DE) and Xtrackers DAX UCITS ETF 1C (DBXD.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.
| IS3N.DE | DBXD.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +1.47 | ||
| Sortino ratioReturn per unit of downside risk | +1.90 | ||
| Omega ratioGain probability vs. loss probability | 1.29 | 1.03 | +0.26 |
| Calmar ratioReturn relative to maximum drawdown | 2.89 | 0.12 | +2.77 |
| Martin ratioReturn relative to average drawdown | 8.76 | 0.36 | +8.40 |
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Drawdowns
IS3N.DE vs. DBXD.DE - Drawdown Comparison
The maximum IS3N.DE drawdown since its inception was -35.06%, smaller than the maximum DBXD.DE drawdown of -54.83%. Use the drawdown chart below to compare losses from any high point for IS3N.DE and DBXD.DE.
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Drawdown Indicators
| IS3N.DE | DBXD.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -35.06% | -54.83% | +19.77% |
Max Drawdown (1Y)Largest decline over 1 year | -10.59% | -12.32% | +1.73% |
Max Drawdown (3Y)Largest decline over 3 years | -19.18% | -15.92% | -3.26% |
Max Drawdown (5Y)Largest decline over 5 years | -21.99% | -26.70% | +4.71% |
Max Drawdown (10Y)Largest decline over 10 years | -32.51% | -38.83% | +6.32% |
Current DrawdownCurrent decline from peak | -10.59% | -3.84% | -6.75% |
Average DrawdownAverage peak-to-trough decline | -9.23% | -11.27% | +2.04% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 3.50% | 3.95% | -0.45% |
Volatility
IS3N.DE vs. DBXD.DE - Volatility Comparison
iShares Core MSCI Emerging Markets IMI UCITS ETF (Acc) (IS3N.DE) has a higher volatility of 8.01% compared to Xtrackers DAX UCITS ETF 1C (DBXD.DE) at 4.65%. This indicates that IS3N.DE's price experiences larger fluctuations and is considered to be riskier than DBXD.DE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| IS3N.DE | DBXD.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 8.01% | 4.65% | +3.36% |
Volatility (6M)Calculated over the trailing 6-month period | 17.36% | 13.55% | +3.81% |
Volatility (1Y)Calculated over the trailing 1-year period | 19.68% | 16.28% | +3.40% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 16.72% | 17.19% | -0.47% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 18.19% | 18.09% | +0.10% |
IS3N.DE vs. DBXD.DE - Expense Ratio Comparison
IS3N.DE has a 0.18% expense ratio, which is higher than DBXD.DE's 0.09% 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
IS3N.DE vs. DBXD.DE - Dividend Comparison
Neither IS3N.DE nor DBXD.DE has paid dividends to shareholders.
Frequently Asked Questions
IS3N.DE and DBXD.DE have a correlation of 0.59, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, DBXD.DE is cheaper at 0.09% per year. The better choice depends on whether you care most about return, fees, risk, or income.
DBXD.DE is cheaper with a 0.09% expense ratio, compared with 0.18% for IS3N.DE.
IS3N.DE is categorized as Emerging Markets Equities, while DBXD.DE is Europe Equities. IS3N.DE tracks MSCI Emerging Markets Investable Market Index (IMI), while DBXD.DE tracks DAX®. They also come from different issuers: iShares and Xtrackers. Their fees differ too: 0.18% for IS3N.DE and 0.09% for DBXD.DE.
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