IS3N.DE vs. ESIF.DE
IS3N.DE (iShares Core MSCI Emerging Markets IMI UCITS ETF (Acc)) and ESIF.DE (iShares MSCI Europe Financials Sector UCITS ETF EUR (Acc)) are both exchange-traded funds - IS3N.DE is a Emerging Markets Equities fund tracking the MSCI Emerging Markets Investable Market (IMI), while ESIF.DE is a Financials Equities fund tracking the MSCI World/Financials NR USD. Both are passively managed. Over the past 5 years, IS3N.DE returned 9.09%/yr vs 20.35%/yr for ESIF.DE. At a 0.49 correlation, their price movements are largely independent. Both charge a 0.18% expense ratio.
Performance
IS3N.DE vs. ESIF.DE - Performance Comparison
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Returns By Period
In the year-to-date period, IS3N.DE achieves a 28.06% return, which is significantly higher than ESIF.DE's 7.54% return.
IS3N.DE
- 1D
- 2.55%
- 1M
- 6.99%
- YTD
- 28.06%
- 6M
- 30.89%
- 1Y
- 48.73%
- 3Y*
- 19.82%
- 5Y*
- 9.09%
- 10Y*
- 10.44%
ESIF.DE
- 1D
- 1.42%
- 1M
- 6.38%
- YTD
- 7.54%
- 6M
- 11.44%
- 1Y
- 29.59%
- 3Y*
- 29.86%
- 5Y*
- 20.35%
- 10Y*
- —
IS3N.DE vs. ESIF.DE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | |
|---|---|---|---|---|---|---|---|
IS3N.DE iShares Core MSCI Emerging Markets IMI UCITS ETF (Acc) | 28.06% | 17.14% | 13.88% | 7.20% | -13.85% | 7.09% | 4.16% |
ESIF.DE iShares MSCI Europe Financials Sector UCITS ETF EUR (Acc) | 7.54% | 47.72% | 25.25% | 21.60% | -2.85% | 29.01% | 2.38% |
Correlation
The correlation between IS3N.DE and ESIF.DE is 0.51, 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 | 0.51 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.51 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.52 |
Correlation (All Time) Calculated using the full available price history since Nov 18, 2020 | 0.49 |
The correlation between IS3N.DE and ESIF.DE has been stable across timeframes, ranging from 0.49 to 0.52 - a consistent structural relationship.
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Return for Risk
IS3N.DE vs. ESIF.DE — Risk / Return Rank
IS3N.DE
ESIF.DE
IS3N.DE vs. ESIF.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 iShares MSCI Europe Financials Sector UCITS ETF EUR (Acc) (ESIF.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 | ESIF.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +1.07 | ||
| Sortino ratioReturn per unit of downside risk | +1.24 | ||
| Omega ratioGain probability vs. loss probability | 1.49 | 1.28 | +0.20 |
| Calmar ratioReturn relative to maximum drawdown | 4.61 | 2.38 | +2.22 |
| Martin ratioReturn relative to average drawdown | 16.02 | 8.11 | +7.91 |
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Drawdowns
IS3N.DE vs. ESIF.DE - Drawdown Comparison
The maximum IS3N.DE drawdown since its inception was -35.06%, which is greater than ESIF.DE's maximum drawdown of -22.87%. Use the drawdown chart below to compare losses from any high point for IS3N.DE and ESIF.DE.
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Drawdown Indicators
| IS3N.DE | ESIF.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -35.06% | -22.87% | -12.19% |
Max Drawdown (1Y)Largest decline over 1 year | -10.52% | -12.35% | +1.83% |
Max Drawdown (3Y)Largest decline over 3 years | -19.18% | -17.08% | -2.10% |
Max Drawdown (5Y)Largest decline over 5 years | -21.99% | -22.87% | +0.88% |
Max Drawdown (10Y)Largest decline over 10 years | -32.51% | — | — |
Current DrawdownCurrent decline from peak | -0.75% | 0.00% | -0.75% |
Average DrawdownAverage peak-to-trough decline | -9.26% | -4.12% | -5.14% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 3.03% | 3.62% | -0.59% |
Volatility
IS3N.DE vs. ESIF.DE - Volatility Comparison
iShares Core MSCI Emerging Markets IMI UCITS ETF (Acc) (IS3N.DE) has a higher volatility of 7.06% compared to iShares MSCI Europe Financials Sector UCITS ETF EUR (Acc) (ESIF.DE) at 5.58%. This indicates that IS3N.DE's price experiences larger fluctuations and is considered to be riskier than ESIF.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 | ESIF.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 7.06% | 5.58% | +1.48% |
Volatility (6M)Calculated over the trailing 6-month period | 15.70% | 14.93% | +0.77% |
Volatility (1Y)Calculated over the trailing 1-year period | 18.12% | 18.27% | -0.15% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 16.38% | 19.05% | -2.67% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 18.10% | 18.88% | -0.78% |
IS3N.DE vs. ESIF.DE - Expense Ratio Comparison
Both IS3N.DE and ESIF.DE have an expense ratio of 0.18%, making them cost-effective options compared to the broader market, where average expense ratios typically range from 0.3% to 0.9%.
Dividends
IS3N.DE vs. ESIF.DE - Dividend Comparison
Neither IS3N.DE nor ESIF.DE has paid dividends to shareholders.
Frequently Asked Questions
IS3N.DE and ESIF.DE have a correlation of 0.51, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
Both ETFs have the same 0.18% expense ratio. The better choice depends on whether you care most about return, fees, risk, or income.
IS3N.DE and ESIF.DE have the same expense ratio: 0.18% per year.
IS3N.DE is categorized as Emerging Markets Equities, while ESIF.DE is Financials Equities. IS3N.DE tracks MSCI Emerging Markets Investable Market (IMI), while ESIF.DE tracks MSCI World/Financials NR USD.
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