IS3Q.DE vs. IBCD.DE
IS3Q.DE (iShares Edge MSCI World Quality Factor UCITS ETF (Acc)) and IBCD.DE (iShares USD Corporate Bond UCITS ETF (Dist)) are both exchange-traded funds - IS3Q.DE is a Global Equities fund tracking the MSCI World Sector Neutral Quality, while IBCD.DE is a Corporate Bonds fund tracking the iBoxx® USD Liquid Investment Grade. Both are passively managed. Over the past 10 years, IS3Q.DE returned 12.05%/yr vs 1.88%/yr for IBCD.DE. At a 0.32 correlation, their price movements are largely independent. IS3Q.DE charges 0.30%/yr vs 0.20%/yr for IBCD.DE.
Performance
IS3Q.DE vs. IBCD.DE - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, IS3Q.DE achieves a 9.47% return, which is significantly higher than IBCD.DE's 1.30% return. Over the past 10 years, IS3Q.DE has outperformed IBCD.DE with an annualized return of 12.05%, while IBCD.DE has yielded a comparatively lower 1.88% annualized return.
IS3Q.DE
- 1D
- 0.75%
- 1M
- 3.07%
- YTD
- 9.47%
- 6M
- 9.57%
- 1Y
- 18.81%
- 3Y*
- 15.09%
- 5Y*
- 11.35%
- 10Y*
- 12.05%
IBCD.DE
- 1D
- 0.20%
- 1M
- 1.19%
- YTD
- 1.30%
- 6M
- 0.27%
- 1Y
- 3.27%
- 3Y*
- 1.65%
- 5Y*
- 0.50%
- 10Y*
- 1.88%
IS3Q.DE vs. IBCD.DE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
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% |
IBCD.DE iShares USD Corporate Bond UCITS ETF (Dist) | 1.30% | -4.58% | 6.33% | 4.97% | -12.66% | 6.14% | 0.35% | 20.25% | -0.24% | -6.49% |
Correlation
The correlation between IS3Q.DE and IBCD.DE is 0.37, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.37 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.34 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.24 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.29 |
Correlation (All Time) Calculated using the full available price history since Oct 8, 2014 | 0.32 |
The correlation between IS3Q.DE and IBCD.DE shifts across timeframes, from 0.24 (5 years) to 0.37 (1 year), reflecting how their relationship changes across market environments.
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
IS3Q.DE vs. IBCD.DE — Risk / Return Rank
IS3Q.DE
IBCD.DE
IS3Q.DE vs. IBCD.DE - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for iShares Edge MSCI World Quality Factor UCITS ETF (Acc) (IS3Q.DE) and iShares USD Corporate Bond UCITS ETF (Dist) (IBCD.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.
| IS3Q.DE | IBCD.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +1.29 | ||
| Sortino ratioReturn per unit of downside risk | +1.80 | ||
| Omega ratioGain probability vs. loss probability | 1.33 | 1.09 | +0.25 |
| Calmar ratioReturn relative to maximum drawdown | 2.97 | 0.75 | +2.22 |
| Martin ratioReturn relative to average drawdown | 11.80 | 1.78 | +10.02 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
Loading charts...
Sharpe Ratios by Period
| IS3Q.DE | IBCD.DE | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.76 | 0.47 | +1.29 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.79 | 0.05 | +0.74 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.80 | 0.21 | +0.60 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.76 | 0.16 | +0.61 |
Drawdowns
IS3Q.DE vs. IBCD.DE - Drawdown Comparison
The maximum IS3Q.DE drawdown since its inception was -32.31%, smaller than the maximum IBCD.DE drawdown of -41.86%. Use the drawdown chart below to compare losses from any high point for IS3Q.DE and IBCD.DE.
Loading charts...
Drawdown Indicators
| IS3Q.DE | IBCD.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -32.31% | -41.86% | +9.55% |
Max Drawdown (1Y)Largest decline over 1 year | -6.33% | -3.93% | -2.40% |
Max Drawdown (3Y)Largest decline over 3 years | -20.63% | -12.36% | -8.27% |
Max Drawdown (5Y)Largest decline over 5 years | -20.63% | -17.12% | -3.51% |
Max Drawdown (10Y)Largest decline over 10 years | -32.31% | -17.51% | -14.80% |
Current DrawdownCurrent decline from peak | -0.12% | -7.49% | +7.37% |
Average DrawdownAverage peak-to-trough decline | -4.61% | -9.84% | +5.23% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.60% | 1.65% | -0.05% |
Volatility
IS3Q.DE vs. IBCD.DE - Volatility Comparison
iShares Edge MSCI World Quality Factor UCITS ETF (Acc) (IS3Q.DE) has a higher volatility of 2.37% compared to iShares USD Corporate Bond UCITS ETF (Dist) (IBCD.DE) at 1.33%. This indicates that IS3Q.DE's price experiences larger fluctuations and is considered to be riskier than IBCD.DE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| IS3Q.DE | IBCD.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 2.37% | 1.33% | +1.04% |
Volatility (6M)Calculated over the trailing 6-month period | 7.31% | 4.22% | +3.09% |
Volatility (1Y)Calculated over the trailing 1-year period | 10.66% | 6.21% | +4.45% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 14.15% | 9.18% | +4.97% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 14.89% | 9.07% | +5.82% |
IS3Q.DE vs. IBCD.DE - Expense Ratio Comparison
IS3Q.DE has a 0.30% expense ratio, which is higher than IBCD.DE's 0.20% expense ratio.
Dividends
IS3Q.DE vs. IBCD.DE - Dividend Comparison
IS3Q.DE has not paid dividends to shareholders, while IBCD.DE's dividend yield for the trailing twelve months is around 4.24%.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
IBCD.DE iShares USD Corporate Bond UCITS ETF (Dist) | 4.24% | 4.39% | 4.52% | 4.34% | 3.60% | 2.21% | 2.56% | 3.06% | 3.09% | 3.02% | 2.97% | 3.00% |
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
IS3Q.DE and IBCD.DE have a correlation of 0.37, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, IBCD.DE is cheaper at 0.20% per year. The better choice depends on whether you care most about return, fees, risk, or income.
IBCD.DE is cheaper with a 0.20% expense ratio, compared with 0.30% for IS3Q.DE.
IS3Q.DE is categorized as Global Equities, while IBCD.DE is Corporate Bonds. IS3Q.DE tracks MSCI World Sector Neutral Quality, while IBCD.DE tracks iBoxx® USD Liquid Investment Grade. Their fees differ too: 0.30% for IS3Q.DE and 0.20% for IBCD.DE.
Find the right allocation for IS3Q.DE and IBCD.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