IU5C.DE vs. IS3N.DE
IU5C.DE (iShares S&P 500 Communication Sector UCITS ETF USD (Acc)) and IS3N.DE (iShares Core MSCI Emerging Markets IMI UCITS ETF (Acc)) are both exchange-traded funds - IU5C.DE is a Communications Equities fund tracking the S&P 500 Capped 35/20 Communication Services, while IS3N.DE is a Emerging Markets Equities fund tracking the MSCI Emerging Markets Investable Market (IMI). Both are passively managed. Over the past 5 years, IU5C.DE returned 12.43%/yr vs 8.61%/yr for IS3N.DE. At a 0.50 correlation, their price movements are largely independent. IU5C.DE charges 0.15%/yr vs 0.18%/yr for IS3N.DE.
Performance
IU5C.DE vs. IS3N.DE - Performance Comparison
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Returns By Period
In the year-to-date period, IU5C.DE achieves a 3.08% return, which is significantly lower than IS3N.DE's 25.82% return.
IU5C.DE
- 1D
- 1.39%
- 1M
- -2.99%
- YTD
- 3.08%
- 6M
- 0.70%
- 1Y
- 17.66%
- 3Y*
- 23.65%
- 5Y*
- 12.43%
- 10Y*
- —
IS3N.DE
- 1D
- -1.45%
- 1M
- 3.11%
- YTD
- 25.82%
- 6M
- 26.34%
- 1Y
- 45.77%
- 3Y*
- 19.99%
- 5Y*
- 8.61%
- 10Y*
- 10.00%
IU5C.DE vs. IS3N.DE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | |
|---|---|---|---|---|---|---|---|---|---|
IU5C.DE iShares S&P 500 Communication Sector UCITS ETF USD (Acc) | 3.08% | 12.25% | 46.75% | 50.73% | -37.12% | 31.78% | 11.48% | 35.88% | -11.68% |
IS3N.DE iShares Core MSCI Emerging Markets IMI UCITS ETF (Acc) | 25.82% | 17.14% | 13.87% | 7.20% | -14.09% | 7.38% | 7.07% | 21.01% | -6.21% |
Correlation
The correlation between IU5C.DE and IS3N.DE is 0.29, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.29 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.37 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.43 |
Correlation (All Time) Calculated using the full available price history since Sep 28, 2018 | 0.50 |
Over the past year, the correlation between IU5C.DE and IS3N.DE has dropped to 0.29 - well below their long-term average of 0.50, suggesting their price drivers have been diverging.
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Return for Risk
IU5C.DE vs. IS3N.DE — Risk / Return Rank
IU5C.DE
IS3N.DE
IU5C.DE vs. IS3N.DE - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for iShares S&P 500 Communication Sector UCITS ETF USD (Acc) (IU5C.DE) and iShares Core MSCI Emerging Markets IMI UCITS ETF (Acc) (IS3N.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.
| IU5C.DE | IS3N.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -1.34 | ||
| Sortino ratioReturn per unit of downside risk | -1.57 | ||
| Omega ratioGain probability vs. loss probability | 1.23 | 1.49 | -0.26 |
| Calmar ratioReturn relative to maximum drawdown | 2.32 | 4.42 | -2.11 |
| Martin ratioReturn relative to average drawdown | 7.89 | 16.00 | -8.12 |
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
| IU5C.DE | IS3N.DE | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.35 | 2.69 | -1.34 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.64 | 0.53 | +0.11 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | — | 0.55 | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.73 | 0.44 | +0.29 |
Drawdowns
IU5C.DE vs. IS3N.DE - Drawdown Comparison
The maximum IU5C.DE drawdown since its inception was -39.23%, which is greater than IS3N.DE's maximum drawdown of -35.06%. Use the drawdown chart below to compare losses from any high point for IU5C.DE and IS3N.DE.
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Drawdown Indicators
| IU5C.DE | IS3N.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -39.23% | -35.06% | -4.17% |
Max Drawdown (1Y)Largest decline over 1 year | -8.06% | -10.52% | +2.46% |
Max Drawdown (3Y)Largest decline over 3 years | -23.61% | -19.17% | -4.44% |
Max Drawdown (5Y)Largest decline over 5 years | -39.23% | -22.01% | -17.22% |
Max Drawdown (10Y)Largest decline over 10 years | — | -32.51% | — |
Current DrawdownCurrent decline from peak | -4.21% | -2.49% | -1.72% |
Average DrawdownAverage peak-to-trough decline | -8.63% | -9.30% | +0.67% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.37% | 2.91% | -0.54% |
Volatility
IU5C.DE vs. IS3N.DE - Volatility Comparison
The current volatility for iShares S&P 500 Communication Sector UCITS ETF USD (Acc) (IU5C.DE) is 4.12%, while iShares Core MSCI Emerging Markets IMI UCITS ETF (Acc) (IS3N.DE) has a volatility of 7.16%. This indicates that IU5C.DE experiences smaller price fluctuations and is considered to be less risky than IS3N.DE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| IU5C.DE | IS3N.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 4.12% | 7.16% | -3.04% |
Volatility (6M)Calculated over the trailing 6-month period | 9.51% | 14.69% | -5.18% |
Volatility (1Y)Calculated over the trailing 1-year period | 13.87% | 17.32% | -3.45% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 19.30% | 16.19% | +3.11% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 19.91% | 18.04% | +1.87% |
IU5C.DE vs. IS3N.DE - Expense Ratio Comparison
IU5C.DE has a 0.15% expense ratio, which is lower than IS3N.DE's 0.18% expense ratio. Despite the difference, both funds are considered low-cost compared to the broader market, where average expense ratios usually range from 0.3% to 0.9%.
Dividends
IU5C.DE vs. IS3N.DE - Dividend Comparison
Neither IU5C.DE nor IS3N.DE has paid dividends to shareholders.
Frequently Asked Questions
IU5C.DE and IS3N.DE have a correlation of 0.29, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, IU5C.DE is cheaper at 0.15% per year. The better choice depends on whether you care most about return, fees, risk, or income.
IU5C.DE is cheaper with a 0.15% expense ratio, compared with 0.18% for IS3N.DE.
IU5C.DE is categorized as Communications Equities, while IS3N.DE is Emerging Markets Equities. IU5C.DE tracks S&P 500 Capped 35/20 Communication Services, while IS3N.DE tracks MSCI Emerging Markets Investable Market (IMI). Their fees differ too: 0.15% for IU5C.DE and 0.18% for IS3N.DE.
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