ISPA.DE vs. ICGB.DE
ISPA.DE (iShares STOXX Global Select Dividend 100 UCITS ETF (DE)) and ICGB.DE (iShares China CNY Bond UCITS ETF USD (Dist)) are both exchange-traded funds - ISPA.DE is a Global Equities fund tracking the STOXX Global Select Dividend 100, while ICGB.DE is a Emerging Markets Bonds fund tracking the Bloomberg China Treasury + Policy Bank Index. Both are passively managed. Over the past 5 years, ISPA.DE returned 11.43%/yr vs 3.74%/yr for ICGB.DE. At a 0.09 correlation, their price movements are largely independent. ISPA.DE charges 0.46%/yr vs 0.35%/yr for ICGB.DE.
Performance
ISPA.DE vs. ICGB.DE - Performance Comparison
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Returns By Period
In the year-to-date period, ISPA.DE achieves a 17.49% return, which is significantly higher than ICGB.DE's 8.51% return.
ISPA.DE
- 1D
- 0.51%
- 1M
- 2.39%
- 6M
- 14.26%
- YTD
- 17.49%
- 1Y
- 32.20%
- 3Y*
- 20.14%
- 5Y*
- 11.43%
- 10Y*
- 8.77%
ICGB.DE
- 1D
- 0.20%
- 1M
- 1.66%
- 6M
- 7.11%
- YTD
- 8.51%
- 1Y
- 9.27%
- 3Y*
- 5.17%
- 5Y*
- 3.74%
- 10Y*
- —
ISPA.DE vs. ICGB.DE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | |
|---|---|---|---|---|---|---|---|---|
ISPA.DE iShares STOXX Global Select Dividend 100 UCITS ETF (DE) | 17.49% | 19.72% | 12.97% | 4.78% | -1.91% | 22.80% | -9.12% | 5.86% |
ICGB.DE iShares China CNY Bond UCITS ETF USD (Dist) | 8.51% | -7.16% | 11.36% | -2.27% | 1.10% | 17.31% | 0.08% | -10.15% |
Correlation
The correlation between ISPA.DE and ICGB.DE is -0.02, meaning there is essentially no relationship between their price movements. Each responds to its own set of market drivers, making them strong candidates for combining in a diversified portfolio.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | -0.02 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.01 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.01 |
Correlation (All Time) Calculated using the full available price history since Jul 24, 2019 | 0.09 |
The correlation between ISPA.DE and ICGB.DE shifts across timeframes, from -0.02 (1 year) to 0.09 (all time), reflecting how their relationship changes across market environments.
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Return for Risk
ISPA.DE vs. ICGB.DE — Risk / Return Rank
ISPA.DE
ICGB.DE
ISPA.DE vs. ICGB.DE - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for iShares STOXX Global Select Dividend 100 UCITS ETF (DE) (ISPA.DE) and iShares China CNY Bond UCITS ETF USD (Dist) (ICGB.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.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| ISPA.DE | ICGB.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +1.88 | ||
| Sortino ratioReturn per unit of downside risk | +2.46 | ||
| Omega ratioGain probability vs. loss probability | 1.66 | 1.32 | +0.34 |
| Calmar ratioReturn relative to maximum drawdown | 8.80 | 3.33 | +5.47 |
| Martin ratioReturn relative to average drawdown | 31.91 | 8.75 | +23.16 |
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Drawdowns
ISPA.DE vs. ICGB.DE - Drawdown Comparison
The maximum ISPA.DE drawdown since its inception was -38.90%, which is greater than ICGB.DE's maximum drawdown of -13.36%. Use the drawdown chart below to compare losses from any high point for ISPA.DE and ICGB.DE.
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Drawdown Indicators
| ISPA.DE | ICGB.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -38.90% | -13.36% | -25.54% |
Max Drawdown (1Y)Largest decline over 1 year | -3.64% | -2.77% | -0.87% |
Max Drawdown (3Y)Largest decline over 3 years | -15.09% | -11.17% | -3.92% |
Max Drawdown (5Y)Largest decline over 5 years | -15.09% | -13.36% | -1.73% |
Max Drawdown (10Y)Largest decline over 10 years | -38.90% | — | — |
Current DrawdownCurrent decline from peak | 0.00% | -1.22% | +1.22% |
Average DrawdownAverage peak-to-trough decline | -4.52% | -6.40% | +1.88% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.01% | 1.06% | -0.05% |
Volatility
ISPA.DE vs. ICGB.DE - Volatility Comparison
iShares STOXX Global Select Dividend 100 UCITS ETF (DE) (ISPA.DE) has a higher volatility of 1.99% compared to iShares China CNY Bond UCITS ETF USD (Dist) (ICGB.DE) at 1.31%. This indicates that ISPA.DE's price experiences larger fluctuations and is considered to be riskier than ICGB.DE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| ISPA.DE | ICGB.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 1.99% | 1.31% | +0.68% |
Volatility (6M)Calculated over the trailing 6-month period | 6.69% | 3.60% | +3.09% |
Volatility (1Y)Calculated over the trailing 1-year period | 8.92% | 5.40% | +3.52% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 11.93% | 6.63% | +5.30% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 14.64% | 7.90% | +6.74% |
ISPA.DE vs. ICGB.DE - Expense Ratio Comparison
ISPA.DE has a 0.46% expense ratio, which is higher than ICGB.DE's 0.35% expense ratio.
Dividends
ISPA.DE vs. ICGB.DE - Dividend Comparison
ISPA.DE's dividend yield for the trailing twelve months is around 3.94%, more than ICGB.DE's 1.68% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
ICGB.DE iShares China CNY Bond UCITS ETF USD (Dist) | 1.68% | 1.92% | 2.22% | 2.58% | 2.80% | 2.71% | 2.63% | 0.95% | 0.00% | 0.00% | 0.00% | 0.00% |
ISPA.DE iShares STOXX Global Select Dividend 100 UCITS ETF (DE) | 3.94% | 4.52% | 4.89% | 5.91% | 4.87% | 3.31% | 4.04% | 4.02% | 4.01% | 5.66% | 3.64% | 4.35% |
Frequently Asked Questions
ISPA.DE and ICGB.DE have a correlation of -0.02, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, ICGB.DE is cheaper at 0.35% per year. The better choice depends on whether you care most about return, fees, risk, or income.
ICGB.DE is cheaper with a 0.35% expense ratio, compared with 0.46% for ISPA.DE.
ISPA.DE is categorized as Global Equities, while ICGB.DE is Emerging Markets Bonds. ISPA.DE tracks STOXX Global Select Dividend 100, while ICGB.DE tracks Bloomberg China Treasury + Policy Bank Index. Their fees differ too: 0.46% for ISPA.DE and 0.35% for ICGB.DE.
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