IUSD.DE vs. IS3N.DE
IUSD.DE (iShares MSCI World Islamic UCITS ETF USD (Dist)) and IS3N.DE (iShares Core MSCI Emerging Markets IMI UCITS ETF (Acc)) are both exchange-traded funds - IUSD.DE is a Global Equities fund tracking the MSCI World Islamic Index, 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, IUSD.DE returned 11.00%/yr vs 10.00%/yr for IS3N.DE. At a 0.46 correlation, their price movements are largely independent. IUSD.DE charges 0.60%/yr vs 0.18%/yr for IS3N.DE.
Performance
IUSD.DE vs. IS3N.DE - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, IUSD.DE achieves a 20.34% return, which is significantly lower than IS3N.DE's 25.82% return. Over the past 10 years, IUSD.DE has outperformed IS3N.DE with an annualized return of 11.00%, while IS3N.DE has yielded a comparatively lower 10.00% annualized return.
IUSD.DE
- 1D
- -0.49%
- 1M
- 7.71%
- YTD
- 20.34%
- 6M
- 20.25%
- 1Y
- 34.31%
- 3Y*
- 15.20%
- 5Y*
- 19.36%
- 10Y*
- 11.00%
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%
IUSD.DE vs. IS3N.DE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
IUSD.DE iShares MSCI World Islamic UCITS ETF USD (Dist) | 20.34% | 6.31% | 11.81% | 63.24% | 2.81% | 1.82% | 1.56% | 1.97% | -2.89% | 4.32% |
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 IUSD.DE and IS3N.DE is 0.74, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.74 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.66 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.48 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.39 |
Correlation (All Time) Calculated using the full available price history since Jun 9, 2014 | 0.46 |
Over the past year, IUSD.DE and IS3N.DE have become more correlated (0.74) than their long-term average of 0.46, meaning their price movements have been converging.
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
IUSD.DE vs. IS3N.DE — Risk / Return Rank
IUSD.DE
IS3N.DE
IUSD.DE vs. IS3N.DE - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for iShares MSCI World Islamic UCITS ETF USD (Dist) (IUSD.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.
| IUSD.DE | IS3N.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.06 | ||
| Sortino ratioReturn per unit of downside risk | +0.12 | ||
| Omega ratioGain probability vs. loss probability | 1.49 | 1.49 | 0.00 |
| Calmar ratioReturn relative to maximum drawdown | 7.08 | 4.42 | +2.66 |
| Martin ratioReturn relative to average drawdown | 22.57 | 16.00 | +6.56 |
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
| IUSD.DE | IS3N.DE | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 2.74 | 2.69 | +0.06 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.83 | 0.53 | +0.30 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.64 | 0.55 | +0.09 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.63 | 0.44 | +0.19 |
Drawdowns
IUSD.DE vs. IS3N.DE - Drawdown Comparison
The maximum IUSD.DE drawdown since its inception was -23.82%, smaller than the maximum IS3N.DE drawdown of -35.06%. Use the drawdown chart below to compare losses from any high point for IUSD.DE and IS3N.DE.
Loading charts...
Drawdown Indicators
| IUSD.DE | IS3N.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -23.82% | -35.06% | +11.24% |
Max Drawdown (1Y)Largest decline over 1 year | -4.81% | -10.52% | +5.71% |
Max Drawdown (3Y)Largest decline over 3 years | -22.97% | -19.17% | -3.80% |
Max Drawdown (5Y)Largest decline over 5 years | -22.97% | -22.01% | -0.96% |
Max Drawdown (10Y)Largest decline over 10 years | -22.97% | -32.51% | +9.54% |
Current DrawdownCurrent decline from peak | -0.49% | -2.49% | +2.00% |
Average DrawdownAverage peak-to-trough decline | -3.61% | -9.30% | +5.69% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.51% | 2.91% | -1.40% |
Volatility
IUSD.DE vs. IS3N.DE - Volatility Comparison
The current volatility for iShares MSCI World Islamic UCITS ETF USD (Dist) (IUSD.DE) is 3.98%, while iShares Core MSCI Emerging Markets IMI UCITS ETF (Acc) (IS3N.DE) has a volatility of 7.16%. This indicates that IUSD.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
| IUSD.DE | IS3N.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 3.98% | 7.16% | -3.18% |
Volatility (6M)Calculated over the trailing 6-month period | 9.09% | 14.69% | -5.60% |
Volatility (1Y)Calculated over the trailing 1-year period | 12.41% | 17.32% | -4.91% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 23.09% | 16.19% | +6.90% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 16.93% | 18.04% | -1.11% |
IUSD.DE vs. IS3N.DE - Expense Ratio Comparison
IUSD.DE has a 0.60% expense ratio, which is higher than IS3N.DE's 0.18% expense ratio.
Dividends
IUSD.DE vs. IS3N.DE - Dividend Comparison
IUSD.DE's dividend yield for the trailing twelve months is around 0.81%, while IS3N.DE has not paid dividends to shareholders.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
IS3N.DE iShares Core MSCI Emerging Markets IMI UCITS ETF (Acc) | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
IUSD.DE iShares MSCI World Islamic UCITS ETF USD (Dist) | 0.81% | 1.00% | 1.26% | 1.47% | 2.75% | 1.80% | 1.55% | 1.94% | 1.57% | 1.45% | 1.45% | 1.60% |
Frequently Asked Questions
IUSD.DE and IS3N.DE have a correlation of 0.74, 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 0.60% for IUSD.DE.
IUSD.DE is categorized as Global Equities, while IS3N.DE is Emerging Markets Equities. IUSD.DE tracks MSCI World Islamic Index, while IS3N.DE tracks MSCI Emerging Markets Investable Market (IMI). Their fees differ too: 0.60% for IUSD.DE and 0.18% for IS3N.DE.
Find the right allocation for IUSD.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