IS3N.DE vs. ^GSPC
Compare and contrast key facts about iShares Core MSCI Emerging Markets IMI UCITS ETF (Acc) (IS3N.DE) and S&P 500 (^GSPC).
IS3N.DE is a passively managed fund by iShares that tracks the performance of the MSCI Emerging Markets Investable Market (IMI). It was launched on May 30, 2014.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: IS3N.DE or ^GSPC.
Key characteristics
| IS3N.DE | ^GSPC | |
|---|---|---|
| YTD Return | 8.70% | 18.13% |
| 1Y Return | 10.83% | 26.52% |
| 3Y Return (Ann) | 0.25% | 8.36% |
| 5Y Return (Ann) | 4.59% | 13.43% |
| 10Y Return (Ann) | 4.52% | 10.88% |
| Sharpe Ratio | 1.02 | 2.10 |
| Daily Std Dev | 12.87% | 12.68% |
| Max Drawdown | -35.06% | -56.78% |
| Current Drawdown | -5.85% | -0.58% |
Correlation
The correlation between IS3N.DE and ^GSPC is 0.51, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.
Performance
IS3N.DE vs. ^GSPC - Performance Comparison
In the year-to-date period, IS3N.DE achieves a 8.70% return, which is significantly lower than ^GSPC's 18.13% return. Over the past 10 years, IS3N.DE has underperformed ^GSPC with an annualized return of 4.52%, while ^GSPC has yielded a comparatively higher 10.88% annualized return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
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Risk-Adjusted Performance
IS3N.DE vs. ^GSPC - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for iShares Core MSCI Emerging Markets IMI UCITS ETF (Acc) (IS3N.DE) and S&P 500 (^GSPC). 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.
Drawdowns
IS3N.DE vs. ^GSPC - Drawdown Comparison
The maximum IS3N.DE drawdown since its inception was -35.06%, smaller than the maximum ^GSPC drawdown of -56.78%. Use the drawdown chart below to compare losses from any high point for IS3N.DE and ^GSPC. For additional features, visit the drawdowns tool.
Volatility
IS3N.DE vs. ^GSPC - Volatility Comparison
iShares Core MSCI Emerging Markets IMI UCITS ETF (Acc) (IS3N.DE) and S&P 500 (^GSPC) have volatilities of 3.85% and 3.97%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.