IS3R.DE vs. VGEU.DE
IS3R.DE (iShares Edge MSCI World Momentum Factor UCITS ETF (Acc)) and VGEU.DE (Vanguard FTSE Developed Europe UCITS ETF Distributing) are both exchange-traded funds - IS3R.DE is a Momentum fund tracking the MSCI World Momentum Index, while VGEU.DE is a Europe Equities fund tracking the FTSE Developed Europe. Both are passively managed. Over the past 10 years, IS3R.DE returned 15.31%/yr vs 9.61%/yr for VGEU.DE. A 0.58 correlation means they provide meaningful diversification when combined. IS3R.DE charges 0.25%/yr vs 0.10%/yr for VGEU.DE.
Performance
IS3R.DE vs. VGEU.DE - Performance Comparison
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Returns By Period
In the year-to-date period, IS3R.DE achieves a 22.51% return, which is significantly higher than VGEU.DE's 7.29% return. Over the past 10 years, IS3R.DE has outperformed VGEU.DE with an annualized return of 15.31%, while VGEU.DE has yielded a comparatively lower 9.61% annualized return.
IS3R.DE
- 1D
- -1.01%
- 1M
- 6.72%
- YTD
- 22.51%
- 6M
- 23.47%
- 1Y
- 31.36%
- 3Y*
- 26.05%
- 5Y*
- 14.66%
- 10Y*
- 15.31%
VGEU.DE
- 1D
- 0.50%
- 1M
- 0.90%
- YTD
- 7.29%
- 6M
- 9.88%
- 1Y
- 16.08%
- 3Y*
- 14.08%
- 5Y*
- 9.90%
- 10Y*
- 9.61%
IS3R.DE vs. VGEU.DE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
IS3R.DE iShares Edge MSCI World Momentum Factor UCITS ETF (Acc) | 22.51% | 8.37% | 37.95% | 8.09% | -13.60% | 24.50% | 16.41% | 31.50% | 0.27% | 16.07% |
VGEU.DE Vanguard FTSE Developed Europe UCITS ETF Distributing | 7.29% | 20.52% | 8.94% | 16.01% | -9.86% | 24.89% | -2.75% | 27.89% | -11.15% | 11.49% |
Correlation
The correlation between IS3R.DE and VGEU.DE is 0.64, 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 | 0.64 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.62 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.66 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.64 |
Correlation (All Time) Calculated using the full available price history since Feb 10, 2015 | 0.59 |
The correlation between IS3R.DE and VGEU.DE has been stable across timeframes, ranging from 0.58 to 0.66 - a consistent structural relationship.
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Return for Risk
IS3R.DE vs. VGEU.DE — Risk / Return Rank
IS3R.DE
VGEU.DE
IS3R.DE vs. VGEU.DE - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for iShares Edge MSCI World Momentum Factor UCITS ETF (Acc) (IS3R.DE) and Vanguard FTSE Developed Europe UCITS ETF Distributing (VGEU.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.
| IS3R.DE | VGEU.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.58 | ||
| Sortino ratioReturn per unit of downside risk | +0.89 | ||
| Omega ratioGain probability vs. loss probability | 1.34 | 1.24 | +0.10 |
| Calmar ratioReturn relative to maximum drawdown | 3.48 | 1.69 | +1.79 |
| Martin ratioReturn relative to average drawdown | 13.30 | 6.33 | +6.97 |
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
| IS3R.DE | VGEU.DE | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.84 | 1.26 | +0.58 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.84 | 0.68 | +0.15 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.88 | 0.67 | +0.21 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.85 | 0.56 | +0.29 |
Drawdowns
IS3R.DE vs. VGEU.DE - Drawdown Comparison
The maximum IS3R.DE drawdown since its inception was -30.77%, smaller than the maximum VGEU.DE drawdown of -35.59%. Use the drawdown chart below to compare losses from any high point for IS3R.DE and VGEU.DE.
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Drawdown Indicators
| IS3R.DE | VGEU.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -30.77% | -35.59% | +4.82% |
Max Drawdown (1Y)Largest decline over 1 year | -9.01% | -9.59% | +0.58% |
Max Drawdown (3Y)Largest decline over 3 years | -23.57% | -16.46% | -7.11% |
Max Drawdown (5Y)Largest decline over 5 years | -23.57% | -20.11% | -3.46% |
Max Drawdown (10Y)Largest decline over 10 years | -30.77% | -35.59% | +4.82% |
Current DrawdownCurrent decline from peak | -1.01% | -1.53% | +0.52% |
Average DrawdownAverage peak-to-trough decline | -5.67% | -5.03% | -0.64% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.36% | 2.56% | -0.20% |
Volatility
IS3R.DE vs. VGEU.DE - Volatility Comparison
iShares Edge MSCI World Momentum Factor UCITS ETF (Acc) (IS3R.DE) has a higher volatility of 5.96% compared to Vanguard FTSE Developed Europe UCITS ETF Distributing (VGEU.DE) at 4.29%. This indicates that IS3R.DE's price experiences larger fluctuations and is considered to be riskier than VGEU.DE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| IS3R.DE | VGEU.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 5.96% | 4.29% | +1.67% |
Volatility (6M)Calculated over the trailing 6-month period | 14.33% | 10.60% | +3.73% |
Volatility (1Y)Calculated over the trailing 1-year period | 17.01% | 12.81% | +4.20% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 17.32% | 14.35% | +2.97% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 17.23% | 16.34% | +0.89% |
IS3R.DE vs. VGEU.DE - Expense Ratio Comparison
IS3R.DE has a 0.25% expense ratio, which is higher than VGEU.DE's 0.10% 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
IS3R.DE vs. VGEU.DE - Dividend Comparison
IS3R.DE has not paid dividends to shareholders, while VGEU.DE's dividend yield for the trailing twelve months is around 2.60%.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
IS3R.DE iShares Edge MSCI World Momentum 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% |
VGEU.DE Vanguard FTSE Developed Europe UCITS ETF Distributing | 2.60% | 2.79% | 3.07% | 2.99% | 3.31% | 2.65% | 2.23% | 3.22% | 3.65% | 3.04% | 3.20% | 3.11% |
Frequently Asked Questions
IS3R.DE and VGEU.DE have a correlation of 0.64, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, VGEU.DE is cheaper at 0.10% per year. The better choice depends on whether you care most about return, fees, risk, or income.
VGEU.DE is cheaper with a 0.10% expense ratio, compared with 0.25% for IS3R.DE.
IS3R.DE is categorized as Momentum, while VGEU.DE is Europe Equities. IS3R.DE tracks MSCI World Momentum Index, while VGEU.DE tracks FTSE Developed Europe. They also come from different issuers: iShares and Vanguard. Their fees differ too: 0.25% for IS3R.DE and 0.10% for VGEU.DE.
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