IUS2.DE vs. IS3N.DE
IUS2.DE (iShares S&P U.S. Banks UCITS ETF USD (Acc)) and IS3N.DE (iShares Core MSCI Emerging Markets IMI UCITS ETF (Acc)) are both exchange-traded funds - IUS2.DE is a Financials Equities fund tracking the S&P 900 Banks 7/4 Capped, 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, IUS2.DE returned 5.75%/yr vs 8.61%/yr for IS3N.DE. At a 0.40 correlation, their price movements are largely independent. IUS2.DE charges 0.35%/yr vs 0.18%/yr for IS3N.DE.
Performance
IUS2.DE vs. IS3N.DE - Performance Comparison
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Returns By Period
In the year-to-date period, IUS2.DE achieves a 4.22% return, which is significantly lower than IS3N.DE's 25.82% return.
IUS2.DE
- 1D
- 3.48%
- 1M
- 0.42%
- YTD
- 4.22%
- 6M
- 7.63%
- 1Y
- 26.47%
- 3Y*
- 22.96%
- 5Y*
- 5.75%
- 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%
IUS2.DE vs. IS3N.DE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | |
|---|---|---|---|---|---|---|---|---|---|
IUS2.DE iShares S&P U.S. Banks UCITS ETF USD (Acc) | 4.22% | 8.89% | 33.51% | -6.27% | -14.40% | 53.00% | -20.33% | 37.52% | -20.65% |
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% | -10.69% |
Correlation
The correlation between IUS2.DE and IS3N.DE is 0.27, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.27 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.34 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.39 |
Correlation (All Time) Calculated using the full available price history since May 25, 2018 | 0.40 |
The correlation between IUS2.DE and IS3N.DE shifts across timeframes, from 0.27 (1 year) to 0.40 (all time), reflecting how their relationship changes across market environments.
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Return for Risk
IUS2.DE vs. IS3N.DE — Risk / Return Rank
IUS2.DE
IS3N.DE
IUS2.DE vs. IS3N.DE - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for iShares S&P U.S. Banks UCITS ETF USD (Acc) (IUS2.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.
| IUS2.DE | IS3N.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -1.47 | ||
| Sortino ratioReturn per unit of downside risk | -1.88 | ||
| Omega ratioGain probability vs. loss probability | 1.22 | 1.49 | -0.27 |
| Calmar ratioReturn relative to maximum drawdown | 1.74 | 4.42 | -2.69 |
| Martin ratioReturn relative to average drawdown | 4.72 | 16.00 | -11.29 |
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
| IUS2.DE | IS3N.DE | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.22 | 2.69 | -1.47 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.21 | 0.53 | -0.31 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | — | 0.55 | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.20 | 0.44 | -0.23 |
Drawdowns
IUS2.DE vs. IS3N.DE - Drawdown Comparison
The maximum IUS2.DE drawdown since its inception was -49.73%, 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 IUS2.DE and IS3N.DE.
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Drawdown Indicators
| IUS2.DE | IS3N.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -49.73% | -35.06% | -14.67% |
Max Drawdown (1Y)Largest decline over 1 year | -14.73% | -10.52% | -4.21% |
Max Drawdown (3Y)Largest decline over 3 years | -32.32% | -19.17% | -13.15% |
Max Drawdown (5Y)Largest decline over 5 years | -48.08% | -22.01% | -26.07% |
Max Drawdown (10Y)Largest decline over 10 years | — | -32.51% | — |
Current DrawdownCurrent decline from peak | -3.92% | -2.49% | -1.43% |
Average DrawdownAverage peak-to-trough decline | -16.24% | -9.30% | -6.94% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 5.44% | 2.91% | +2.53% |
Volatility
IUS2.DE vs. IS3N.DE - Volatility Comparison
The current volatility for iShares S&P U.S. Banks UCITS ETF USD (Acc) (IUS2.DE) is 5.80%, while iShares Core MSCI Emerging Markets IMI UCITS ETF (Acc) (IS3N.DE) has a volatility of 7.16%. This indicates that IUS2.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
| IUS2.DE | IS3N.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 5.80% | 7.16% | -1.36% |
Volatility (6M)Calculated over the trailing 6-month period | 15.40% | 14.69% | +0.71% |
Volatility (1Y)Calculated over the trailing 1-year period | 20.99% | 17.32% | +3.67% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 26.98% | 16.19% | +10.79% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 30.10% | 18.04% | +12.06% |
IUS2.DE vs. IS3N.DE - Expense Ratio Comparison
IUS2.DE has a 0.35% expense ratio, which is higher than IS3N.DE's 0.18% expense ratio.
Dividends
IUS2.DE vs. IS3N.DE - Dividend Comparison
Neither IUS2.DE nor IS3N.DE has paid dividends to shareholders.
Frequently Asked Questions
IUS2.DE and IS3N.DE have a correlation of 0.27, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, IS3N.DE is cheaper at 0.18% per year. The better choice depends on whether you care most about return, fees, risk, or income.
IS3N.DE is cheaper with a 0.18% expense ratio, compared with 0.35% for IUS2.DE.
IUS2.DE is categorized as Financials Equities, while IS3N.DE is Emerging Markets Equities. IUS2.DE tracks S&P 900 Banks 7/4 Capped, while IS3N.DE tracks MSCI Emerging Markets Investable Market (IMI). Their fees differ too: 0.35% for IUS2.DE and 0.18% for IS3N.DE.
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