IS3Q.DE vs. MVEW.DE
IS3Q.DE (iShares Edge MSCI World Quality Factor UCITS ETF (Acc)) and MVEW.DE (iShares Edge MSCI World Minimum Volatility ESG UCITS ETF (Acc)) are both Global Equities funds from iShares - IS3Q.DE tracks the MSCI World Sector Neutral Quality while MVEW.DE tracks the MSCI ACWI NR USD. Both are passively managed. Over the past 5 years, IS3Q.DE returned 11.35%/yr vs 6.47%/yr for MVEW.DE. A 0.77 correlation means they provide meaningful diversification when combined. Both charge a 0.30% expense ratio.
Performance
IS3Q.DE vs. MVEW.DE - Performance Comparison
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Returns By Period
In the year-to-date period, IS3Q.DE achieves a 9.47% return, which is significantly higher than MVEW.DE's 1.17% 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%
MVEW.DE
- 1D
- 0.07%
- 1M
- 1.79%
- YTD
- 1.17%
- 6M
- 1.16%
- 1Y
- 0.46%
- 3Y*
- 6.53%
- 5Y*
- 6.47%
- 10Y*
- —
IS3Q.DE vs. MVEW.DE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | |
|---|---|---|---|---|---|---|---|
IS3Q.DE iShares Edge MSCI World Quality Factor UCITS ETF (Acc) | 9.47% | 2.80% | 23.78% | 21.70% | -14.84% | 34.28% | 16.59% |
MVEW.DE iShares Edge MSCI World Minimum Volatility ESG UCITS ETF (Acc) | 1.17% | -0.99% | 17.25% | 6.27% | -5.98% | 26.26% | 1.55% |
Correlation
The correlation between IS3Q.DE and MVEW.DE is 0.49, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.49 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.64 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.74 |
Correlation (All Time) Calculated using the full available price history since Apr 24, 2020 | 0.77 |
Over the past year, the correlation between IS3Q.DE and MVEW.DE has dropped to 0.49 - well below their long-term average of 0.77, suggesting their price drivers have been diverging.
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Return for Risk
IS3Q.DE vs. MVEW.DE — Risk / Return Rank
IS3Q.DE
MVEW.DE
IS3Q.DE vs. MVEW.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 Edge MSCI World Minimum Volatility ESG UCITS ETF (Acc) (MVEW.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 | MVEW.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +1.70 | ||
| Sortino ratioReturn per unit of downside risk | +2.39 | ||
| Omega ratioGain probability vs. loss probability | 1.33 | 1.02 | +0.32 |
| Calmar ratioReturn relative to maximum drawdown | 2.97 | 0.10 | +2.87 |
| Martin ratioReturn relative to average drawdown | 11.80 | 0.20 | +11.60 |
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
| IS3Q.DE | MVEW.DE | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.76 | 0.06 | +1.70 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.79 | 0.62 | +0.17 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.80 | — | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.76 | 0.63 | +0.13 |
Drawdowns
IS3Q.DE vs. MVEW.DE - Drawdown Comparison
The maximum IS3Q.DE drawdown since its inception was -32.31%, which is greater than MVEW.DE's maximum drawdown of -13.19%. Use the drawdown chart below to compare losses from any high point for IS3Q.DE and MVEW.DE.
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Drawdown Indicators
| IS3Q.DE | MVEW.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -32.31% | -13.19% | -19.12% |
Max Drawdown (1Y)Largest decline over 1 year | -6.33% | -4.68% | -1.65% |
Max Drawdown (3Y)Largest decline over 3 years | -20.63% | -13.19% | -7.44% |
Max Drawdown (5Y)Largest decline over 5 years | -20.63% | -13.19% | -7.44% |
Max Drawdown (10Y)Largest decline over 10 years | -32.31% | — | — |
Current DrawdownCurrent decline from peak | -0.12% | -5.75% | +5.63% |
Average DrawdownAverage peak-to-trough decline | -4.61% | -3.83% | -0.78% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.60% | 2.27% | -0.67% |
Volatility
IS3Q.DE vs. MVEW.DE - Volatility Comparison
The current volatility for iShares Edge MSCI World Quality Factor UCITS ETF (Acc) (IS3Q.DE) is 2.37%, while iShares Edge MSCI World Minimum Volatility ESG UCITS ETF (Acc) (MVEW.DE) has a volatility of 2.58%. This indicates that IS3Q.DE experiences smaller price fluctuations and is considered to be less risky than MVEW.DE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| IS3Q.DE | MVEW.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 2.37% | 2.58% | -0.21% |
Volatility (6M)Calculated over the trailing 6-month period | 7.31% | 5.42% | +1.89% |
Volatility (1Y)Calculated over the trailing 1-year period | 10.66% | 7.97% | +2.69% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 14.15% | 10.25% | +3.90% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 14.89% | 10.82% | +4.07% |
IS3Q.DE vs. MVEW.DE - Expense Ratio Comparison
Both IS3Q.DE and MVEW.DE have an expense ratio of 0.30%.
Dividends
IS3Q.DE vs. MVEW.DE - Dividend Comparison
Neither IS3Q.DE nor MVEW.DE has paid dividends to shareholders.
Frequently Asked Questions
IS3Q.DE and MVEW.DE have a correlation of 0.49, 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 0.30% expense ratio. The better choice depends on whether you care most about return, fees, risk, or income.
IS3Q.DE and MVEW.DE have the same expense ratio: 0.30% per year.
IS3Q.DE tracks MSCI World Sector Neutral Quality, while MVEW.DE tracks MSCI ACWI NR USD.
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