ISEU.L vs. ^STOXX
ISEU.L (iShares MSCI Europe UCITS Dist) is Europe Equities fund tracking the MSCI Europe NR EUR, while ^STOXX (STOXX Europe 600 Index) is an index. Over the past 5 years, ISEU.L returned 8.98%/yr vs 5.66%/yr for ^STOXX. Their correlation of 0.93 suggests significant overlap in exposure.
Performance
ISEU.L vs. ^STOXX - Performance Comparison
Loading charts...
Different Trading Currencies
ISEU.L is traded in USD, while ^STOXX is traded in EUR. To make them comparable, the ^STOXX values have been converted to USD using the latest available exchange rates.
Returns By Period
In the year-to-date period, ISEU.L achieves a 6.49% return, which is significantly higher than ^STOXX's 4.25% return.
ISEU.L
- 1D
- 0.66%
- 1M
- 2.76%
- YTD
- 6.49%
- 6M
- 9.55%
- 1Y
- 18.11%
- 3Y*
- 16.86%
- 5Y*
- 8.98%
- 10Y*
- —
^STOXX
- 1D
- 0.65%
- 1M
- 1.71%
- YTD
- 4.25%
- 6M
- 7.58%
- 1Y
- 15.27%
- 3Y*
- 13.75%
- 5Y*
- 5.66%
- 10Y*
- 6.43%
ISEU.L vs. ^STOXX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
ISEU.L iShares MSCI Europe UCITS Dist | 6.49% | 35.19% | 2.19% | 19.52% | -13.73% | 15.84% | 5.73% | 23.56% | -14.38% | 26.22% |
^STOXX STOXX Europe 600 Index | 4.25% | 32.33% | -0.58% | 16.30% | -18.13% | 13.92% | 4.45% | 20.76% | -17.29% | 22.91% |
Correlation
The correlation between ISEU.L and ^STOXX is 0.91, indicating a strong positive relationship between their price movements. Combining them offers limited diversification - they tend to fall together during downturns.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.91 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.93 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.94 |
Correlation (All Time) Calculated using the full available price history since Nov 29, 2016 | 0.93 |
The correlation between ISEU.L and ^STOXX has been stable across timeframes, ranging from 0.91 to 0.94 - a consistent structural relationship.
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
ISEU.L vs. ^STOXX — Risk / Return Rank
ISEU.L
^STOXX
ISEU.L vs. ^STOXX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for iShares MSCI Europe UCITS Dist (ISEU.L) and STOXX Europe 600 Index (^STOXX). 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.
| ISEU.L | ^STOXX | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.14 | ||
| Sortino ratioReturn per unit of downside risk | +0.20 | ||
| Omega ratioGain probability vs. loss probability | 1.22 | 1.20 | +0.03 |
| Calmar ratioReturn relative to maximum drawdown | 1.57 | 1.30 | +0.28 |
| Martin ratioReturn relative to average drawdown | 5.63 | 4.45 | +1.19 |
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
| ISEU.L | ^STOXX | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.19 | 1.05 | +0.14 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.51 | 0.32 | +0.19 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | — | 0.36 | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.60 | 0.07 | +0.53 |
Drawdowns
ISEU.L vs. ^STOXX - Drawdown Comparison
The maximum ISEU.L drawdown since its inception was -36.02%, smaller than the maximum ^STOXX drawdown of -64.60%. Use the drawdown chart below to compare losses from any high point for ISEU.L and ^STOXX.
Loading charts...
Drawdown Indicators
| ISEU.L | ^STOXX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -36.02% | -64.60% | +28.58% |
Max Drawdown (1Y)Largest decline over 1 year | -11.47% | -11.59% | +0.12% |
Max Drawdown (3Y)Largest decline over 3 years | -14.15% | -15.22% | +1.07% |
Max Drawdown (5Y)Largest decline over 5 years | -30.77% | -33.96% | +3.19% |
Max Drawdown (10Y)Largest decline over 10 years | — | -39.58% | — |
Current DrawdownCurrent decline from peak | -1.38% | -3.19% | +1.81% |
Average DrawdownAverage peak-to-trough decline | -6.33% | -22.88% | +16.55% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 3.21% | 3.40% | -0.19% |
Volatility
ISEU.L vs. ^STOXX - Volatility Comparison
iShares MSCI Europe UCITS Dist (ISEU.L) has a higher volatility of 5.35% compared to STOXX Europe 600 Index (^STOXX) at 4.17%. This indicates that ISEU.L's price experiences larger fluctuations and is considered to be riskier than ^STOXX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| ISEU.L | ^STOXX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 5.35% | 4.17% | +1.18% |
Volatility (6M)Calculated over the trailing 6-month period | 12.62% | 11.90% | +0.72% |
Volatility (1Y)Calculated over the trailing 1-year period | 15.14% | 14.28% | +0.86% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 17.66% | 17.24% | +0.42% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 17.61% | 17.55% | +0.06% |
Frequently Asked Questions
With a correlation of 0.91, ISEU.L and ^STOXX move almost identically. Holding both adds very little diversification - you're essentially doubling your position in the same market segment. Choosing one is usually more capital-efficient.
Find the right allocation for ISEU.L and ^STOXX
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