ISPA.DE vs. USD=X
ISPA.DE (iShares STOXX Global Select Dividend 100 UCITS ETF (DE)) is Global Equities fund tracking the STOXX Global Select Dividend 100, while USD=X (USD Cash) is a currency. Over the past 10 years, ISPA.DE returned 8.70%/yr vs -0.38%/yr for USD=X. At a 0.12 correlation, their price movements are largely independent.
Performance
ISPA.DE vs. USD=X - Performance Comparison
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Different Trading Currencies
ISPA.DE is traded in EUR, while USD=X is traded in USD. To make them comparable, the USD=X values have been converted to EUR using the latest available exchange rates.
Returns By Period
In the year-to-date period, ISPA.DE achieves a 18.28% return, which is significantly higher than USD=X's 2.97% return. Over the past 10 years, ISPA.DE has outperformed USD=X with an annualized return of 8.70%, while USD=X has yielded a comparatively lower -0.38% annualized return.
ISPA.DE
- 1D
- 0.15%
- 1M
- 3.59%
- 6M
- 16.19%
- YTD
- 18.28%
- 1Y
- 32.09%
- 3Y*
- 19.56%
- 5Y*
- 11.75%
- 10Y*
- 8.70%
- ALL TIME*
- 10.22%
USD=X
- 1D
- 0.00%
- 1M
- 0.46%
- 6M
- 2.78%
- YTD
- 2.97%
- 1Y
- 2.50%
- 3Y*
- -0.83%
- 5Y*
- 0.63%
- 10Y*
- -0.38%
- ALL TIME*
- 1.17%
ISPA.DE vs. USD=X - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
ISPA.DE iShares STOXX Global Select Dividend 100 UCITS ETF (DE) | 18.28% | 19.72% | 12.97% | 4.78% | -1.91% | 22.80% | -9.12% | 24.23% | -6.97% | 2.97% |
USD=X USD Cash | 2.97% | -11.87% | 6.60% | -3.00% | 6.20% | 7.48% | -8.24% | 2.26% | 4.69% | -12.29% |
Correlation
The correlation between ISPA.DE and USD=X is -0.05, 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 | -0.05 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.01 |
Correlation (5Y) Calculated over the trailing 5-year period | -0.04 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.10 |
Correlation (All Time) Calculated using the full available price history since Sep 25, 2009 | 0.13 |
The correlation between ISPA.DE and USD=X shifts across timeframes, from -0.05 (1 year) to 0.12 (all time), reflecting how their relationship changes across market environments.
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Return for Risk
ISPA.DE vs. USD=X — Risk / Return Rank
ISPA.DE
USD=X
Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.
ISPA.DE vs. USD=X - 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 USD Cash (USD=X). 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 | USD=X | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +3.17 | ||
| Sortino ratioReturn per unit of downside risk | +4.31 | ||
| Omega ratioGain probability vs. loss probability | 1.67 | 1.08 | +0.59 |
| Calmar ratioReturn relative to maximum drawdown | 8.77 | 0.57 | +8.20 |
| Martin ratioReturn relative to average drawdown | 31.80 | 1.30 | +30.50 |
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Drawdowns
ISPA.DE vs. USD=X - Drawdown Comparison
The maximum ISPA.DE drawdown since its inception was -38.90%, which is greater than USD=X's maximum drawdown of -20.32%. Use the drawdown chart below to compare losses from any high point for ISPA.DE and USD=X.
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Drawdown Indicators
| ISPA.DE | USD=X | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -38.90% | -20.32% | -18.58% |
Max Drawdown (1Y)Largest decline over 1 year | -3.64% | -5.33% | +1.69% |
Max Drawdown (3Y)Largest decline over 3 years | -15.09% | -15.23% | +0.14% |
Max Drawdown (5Y)Largest decline over 5 years | -15.09% | -20.32% | +5.23% |
Max Drawdown (10Y)Largest decline over 10 years | -38.90% | -20.32% | -18.58% |
Current DrawdownCurrent decline from peak | -0.15% | -15.88% | +15.73% |
Average DrawdownAverage peak-to-trough decline | -4.52% | -9.38% | +4.86% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.01% | 1.77% | -0.76% |
Volatility
ISPA.DE vs. USD=X - Volatility Comparison
iShares STOXX Global Select Dividend 100 UCITS ETF (DE) (ISPA.DE) has a higher volatility of 1.85% compared to USD Cash (USD=X) at 1.08%. This indicates that ISPA.DE's price experiences larger fluctuations and is considered to be riskier than USD=X 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 | USD=X | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 1.85% | 1.08% | +0.77% |
Volatility (6M)Calculated over the trailing 6-month period | 6.60% | 4.62% | +1.98% |
Volatility (1Y)Calculated over the trailing 1-year period | 8.78% | 5.30% | +3.48% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 11.85% | 6.42% | +5.43% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 14.64% | 6.14% | +8.50% |
Frequently Asked Questions
ISPA.DE and USD=X have a correlation of -0.05, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
Find the right allocation for ISPA.DE and USD=X
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