IUS5.DE vs. IS3N.DE
IUS5.DE (iShares Global Inflation Linked Government Bond UCITS ETF USD (Acc)) and IS3N.DE (iShares Core MSCI Emerging Markets IMI UCITS ETF (Acc)) are both exchange-traded funds - IUS5.DE is a Inflation-Protected Bonds fund tracking the Bloomberg World Government Inflation-Linked Bond, while IS3N.DE is a Emerging Markets Equities fund tracking the MSCI Emerging Markets Investable Market (IMI). Both are passively managed. Over the past 10 years, IUS5.DE returned 0.80%/yr vs 10.00%/yr for IS3N.DE. At a 0.12 correlation, their price movements are largely independent. IUS5.DE charges 0.20%/yr vs 0.18%/yr for IS3N.DE.
Performance
IUS5.DE vs. IS3N.DE - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, IUS5.DE achieves a 2.13% return, which is significantly lower than IS3N.DE's 25.82% return. Over the past 10 years, IUS5.DE has underperformed IS3N.DE with an annualized return of 0.80%, while IS3N.DE has yielded a comparatively higher 10.00% annualized return.
IUS5.DE
- 1D
- -0.13%
- 1M
- 0.48%
- YTD
- 2.13%
- 6M
- 1.40%
- 1Y
- 2.24%
- 3Y*
- 0.57%
- 5Y*
- -1.37%
- 10Y*
- 0.80%
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%
IUS5.DE vs. IS3N.DE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
IUS5.DE iShares Global Inflation Linked Government Bond UCITS ETF USD (Acc) | 2.13% | -3.37% | 2.59% | 1.53% | -17.29% | 12.12% | 2.24% | 10.07% | 0.53% | -4.84% |
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% | -11.06% | 20.43% |
Correlation
The correlation between IUS5.DE and IS3N.DE is 0.17, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.17 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.14 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.09 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.08 |
Correlation (All Time) Calculated using the full available price history since Jun 9, 2014 | 0.12 |
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
IUS5.DE vs. IS3N.DE — Risk / Return Rank
IUS5.DE
IS3N.DE
IUS5.DE vs. IS3N.DE - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for iShares Global Inflation Linked Government Bond UCITS ETF USD (Acc) (IUS5.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.
| IUS5.DE | IS3N.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -2.29 | ||
| Sortino ratioReturn per unit of downside risk | -2.99 | ||
| Omega ratioGain probability vs. loss probability | 1.07 | 1.49 | -0.41 |
| Calmar ratioReturn relative to maximum drawdown | 0.87 | 4.42 | -3.55 |
| Martin ratioReturn relative to average drawdown | 1.67 | 16.00 | -14.33 |
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
| IUS5.DE | IS3N.DE | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 0.40 | 2.69 | -2.29 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | -0.16 | 0.53 | -0.68 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.10 | 0.55 | -0.45 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.42 | 0.44 | -0.01 |
Drawdowns
IUS5.DE vs. IS3N.DE - Drawdown Comparison
The maximum IUS5.DE drawdown since its inception was -22.31%, smaller than the maximum IS3N.DE drawdown of -35.06%. Use the drawdown chart below to compare losses from any high point for IUS5.DE and IS3N.DE.
Loading charts...
Drawdown Indicators
| IUS5.DE | IS3N.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -22.31% | -35.06% | +12.75% |
Max Drawdown (1Y)Largest decline over 1 year | -2.31% | -10.52% | +8.21% |
Max Drawdown (3Y)Largest decline over 3 years | -8.42% | -19.17% | +10.75% |
Max Drawdown (5Y)Largest decline over 5 years | -22.31% | -22.01% | -0.30% |
Max Drawdown (10Y)Largest decline over 10 years | -22.31% | -32.51% | +10.20% |
Current DrawdownCurrent decline from peak | -17.45% | -2.49% | -14.96% |
Average DrawdownAverage peak-to-trough decline | -7.45% | -9.30% | +1.85% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.21% | 2.91% | -1.70% |
Volatility
IUS5.DE vs. IS3N.DE - Volatility Comparison
The current volatility for iShares Global Inflation Linked Government Bond UCITS ETF USD (Acc) (IUS5.DE) is 1.90%, while iShares Core MSCI Emerging Markets IMI UCITS ETF (Acc) (IS3N.DE) has a volatility of 7.16%. This indicates that IUS5.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.
Loading charts...
Volatility by Period
| IUS5.DE | IS3N.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 1.90% | 7.16% | -5.26% |
Volatility (6M)Calculated over the trailing 6-month period | 3.77% | 14.69% | -10.92% |
Volatility (1Y)Calculated over the trailing 1-year period | 5.02% | 17.32% | -12.30% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 8.56% | 16.19% | -7.63% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 7.94% | 18.04% | -10.10% |
IUS5.DE vs. IS3N.DE - Expense Ratio Comparison
IUS5.DE has a 0.20% expense ratio, which is higher than IS3N.DE's 0.18% expense ratio. However, both funds are considered low-cost compared to the broader market, where average expense ratios usually range from 0.3% to 0.9%.
Dividends
IUS5.DE vs. IS3N.DE - Dividend Comparison
Neither IUS5.DE nor IS3N.DE has paid dividends to shareholders.
Frequently Asked Questions
IUS5.DE and IS3N.DE have a correlation of 0.17, 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 0.20% for IUS5.DE.
IUS5.DE is categorized as Inflation-Protected Bonds, while IS3N.DE is Emerging Markets Equities. IUS5.DE tracks Bloomberg World Government Inflation-Linked Bond, while IS3N.DE tracks MSCI Emerging Markets Investable Market (IMI). Their fees differ too: 0.20% for IUS5.DE and 0.18% for IS3N.DE.
Find the right allocation for IUS5.DE and IS3N.DE
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