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IUSD.DE vs. UETW.DE
Performance
Return for Risk
Drawdowns
Volatility
Dividends

Performance

IUSD.DE vs. UETW.DE - Performance Comparison

The chart below illustrates the hypothetical performance of a €10,000 investment in iShares MSCI World Islamic UCITS ETF USD (Dist) (IUSD.DE) and UBS ETF (IE) MSCI World UCITS ETF (USD) Acc (UETW.DE). The values are adjusted to include any dividend payments, if applicable.

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Returns By Period

In the year-to-date period, IUSD.DE achieves a 18.71% return, which is significantly higher than UETW.DE's 11.10% return.


IUSD.DE

1D
0.00%
1M
1.22%
YTD
18.71%
6M
19.02%
1Y
32.47%
3Y*
14.99%
5Y*
19.18%
10Y*
11.33%

UETW.DE

1D
-0.57%
1M
0.81%
YTD
11.10%
6M
11.19%
1Y
24.89%
3Y*
18.08%
5Y*
12.27%
10Y*
*Multi-year figures are annualized to reflect compound growth (CAGR)

IUSD.DE vs. UETW.DE - Yearly Performance Comparison


2026 (YTD)2025202420232022202120202019
IUSD.DE
iShares MSCI World Islamic UCITS ETF USD (Dist)
18.71%6.47%11.91%63.45%2.92%2.15%1.76%1.07%
UETW.DE
UBS ETF (IE) MSCI World UCITS ETF (USD) Acc
11.10%8.05%26.48%19.71%-13.72%32.19%5.49%0.11%

Correlation

The correlation between IUSD.DE and UETW.DE is 0.86, indicating a strong positive relationship between their price movements. Combining them offers limited diversification - they tend to fall together during downturns.


Correlation
Correlation (1Y)
Calculated over the trailing 1-year period

0.86

Correlation (3Y)
Calculated over the trailing 3-year period

0.91

Correlation (5Y)
Calculated over the trailing 5-year period

0.63

Correlation (All Time)
Calculated using the full available price history since Jun 7, 2019

0.50

Over the past year, IUSD.DE and UETW.DE have become more correlated (0.86) than their long-term average of 0.50, meaning their price movements have been converging.

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Return for Risk

IUSD.DE vs. UETW.DE — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

IUSD.DE
IUSD.DE Risk / Return Rank: 8989
Overall Rank
IUSD.DE Sharpe Ratio Rank: 8787
Sharpe Ratio Rank
IUSD.DE Sortino Ratio Rank: 8585
Sortino Ratio Rank
IUSD.DE Omega Ratio Rank: 8484
Omega Ratio Rank
IUSD.DE Calmar Ratio Rank: 9595
Calmar Ratio Rank
IUSD.DE Martin Ratio Rank: 9292
Martin Ratio Rank

UETW.DE
UETW.DE Risk / Return Rank: 8181
Overall Rank
UETW.DE Sharpe Ratio Rank: 8080
Sharpe Ratio Rank
UETW.DE Sortino Ratio Rank: 8080
Sortino Ratio Rank
UETW.DE Omega Ratio Rank: 8080
Omega Ratio Rank
UETW.DE Calmar Ratio Rank: 8181
Calmar Ratio Rank
UETW.DE Martin Ratio Rank: 8383
Martin Ratio Rank
The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

IUSD.DE vs. UETW.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 UBS ETF (IE) MSCI World UCITS ETF (USD) Acc (UETW.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.

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.


IUSD.DEUETW.DEDifference
Sharpe ratioReturn per unit of total volatility

+0.28

Sortino ratioReturn per unit of downside risk

+0.23

Omega ratioGain probability vs. loss probability

1.44

1.41

+0.02

Calmar ratioReturn relative to maximum drawdown

6.74

3.72

+3.02

Martin ratioReturn relative to average drawdown

20.22

14.55

+5.66

IUSD.DE vs. UETW.DE - Sharpe Ratio Comparison

The current IUSD.DE Sharpe Ratio is 2.50, which is comparable to the UETW.DE Sharpe Ratio of 2.22. The chart below compares the historical Sharpe Ratios of IUSD.DE and UETW.DE, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.


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Drawdowns

IUSD.DE vs. UETW.DE - Drawdown Comparison

The maximum IUSD.DE drawdown since its inception was -23.71%, smaller than the maximum UETW.DE drawdown of -33.74%. Use the drawdown chart below to compare losses from any high point for IUSD.DE and UETW.DE.


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Drawdown Indicators


IUSD.DEUETW.DEDifference

Max Drawdown

Largest peak-to-trough decline

-23.71%

-33.74%

+10.03%

Max Drawdown (1Y)

Largest decline over 1 year

-4.84%

-6.67%

+1.83%

Max Drawdown (3Y)

Largest decline over 3 years

-22.97%

-21.32%

-1.65%

Max Drawdown (5Y)

Largest decline over 5 years

-22.97%

-21.32%

-1.65%

Max Drawdown (10Y)

Largest decline over 10 years

-22.97%

Current Drawdown

Current decline from peak

-1.91%

-0.69%

-1.22%

Average Drawdown

Average peak-to-trough decline

-3.41%

-5.01%

+1.60%

Ulcer Index

Depth and duration of drawdowns from previous peaks

1.61%

1.71%

-0.10%

Volatility

IUSD.DE vs. UETW.DE - Volatility Comparison

iShares MSCI World Islamic UCITS ETF USD (Dist) (IUSD.DE) has a higher volatility of 4.80% compared to UBS ETF (IE) MSCI World UCITS ETF (USD) Acc (UETW.DE) at 2.95%. This indicates that IUSD.DE's price experiences larger fluctuations and is considered to be riskier than UETW.DE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


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Volatility by Period


IUSD.DEUETW.DEDifference

Volatility (1M)

Calculated over the trailing 1-month period

4.80%

2.95%

+1.85%

Volatility (6M)

Calculated over the trailing 6-month period

9.85%

7.98%

+1.87%

Volatility (1Y)

Calculated over the trailing 1-year period

13.08%

11.18%

+1.90%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

23.19%

14.06%

+9.13%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

17.03%

16.60%

+0.43%

IUSD.DE vs. UETW.DE - Expense Ratio Comparison

IUSD.DE has a 0.60% expense ratio, which is higher than UETW.DE's 0.10% expense ratio.


Dividends

IUSD.DE vs. UETW.DE - Dividend Comparison

IUSD.DE's dividend yield for the trailing twelve months is around 0.96%, while UETW.DE has not paid dividends to shareholders.


PositionTTM20252024202320222021202020192018201720162015
IUSD.DE
iShares MSCI World Islamic UCITS ETF USD (Dist)
0.96%1.14%1.35%1.60%2.85%2.11%1.73%2.15%1.81%1.64%1.61%1.75%
UETW.DE
UBS ETF (IE) MSCI World UCITS ETF (USD) 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%

Frequently Asked Questions


IUSD.DE and UETW.DE have a correlation of 0.86, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

On fees, UETW.DE is cheaper at 0.10% per year. The better choice depends on whether you care most about return, fees, risk, or income.

UETW.DE is cheaper with a 0.10% expense ratio, compared with 0.60% for IUSD.DE.

IUSD.DE tracks MSCI World Islamic Index, while UETW.DE tracks MSCI World. They also come from different issuers: iShares and UBS. Their fees differ too: 0.60% for IUSD.DE and 0.10% for UETW.DE.

Portfolio Optimizer

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