IUSK.DE vs. ISEU.L

Last updated Jun 5, 2026

IUSK.DE (iShares MSCI Europe SRI UCITS ETF (Acc)) and ISEU.L (iShares MSCI Europe UCITS Dist) are both Europe Equities funds from iShares - IUSK.DE tracks the MSCI Europe SRI Select Reduced Fossil Fuels while ISEU.L tracks the MSCI Europe NR EUR. Both are passively managed. Over the past 5 years, IUSK.DE returned 5.35%/yr vs 9.99%/yr for ISEU.L. Their correlation of 0.87 suggests significant overlap in exposure. IUSK.DE charges 0.20%/yr vs 1.00%/yr for ISEU.L.

Performance

IUSK.DE vs. ISEU.L - Performance Comparison

The chart below illustrates the hypothetical performance of a €10,000 investment in iShares MSCI Europe SRI UCITS ETF (Acc) (IUSK.DE) and iShares MSCI Europe UCITS Dist (ISEU.L). The values are adjusted to include any dividend payments, if applicable.

Different Trading Currencies

IUSK.DE is traded in EUR, while ISEU.L is traded in USD. To make them comparable, the ISEU.L values have been converted to EUR using the latest available exchange rates.

Returns By Period

In the year-to-date period, IUSK.DE achieves a 6.53% return, which is significantly lower than ISEU.L's 7.70% return.

IUSK.DE

• 1D: 0.74%
• 1M: 3.57%
• YTD: 6.53%
• 6M: 8.39%
• 1Y: 5.38%
• 3Y*: 7.02%
• 5Y*: 5.35%
• 10Y*: 7.86%

ISEU.L

• 1D: 0.52%
• 1M: 3.45%
• YTD: 7.70%
• 6M: 9.84%
• 1Y: 16.13%
• 3Y*: 13.75%
• 5Y*: 9.99%
• 10Y*: —

*Multi-year figures are annualized to reflect compound growth (CAGR)

IUSK.DE vs. ISEU.L - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
IUSK.DE iShares MSCI Europe SRI UCITS ETF (Acc)	6.53%	3.95%	5.36%	16.45%	-15.18%	26.73%	4.02%	30.88%	-7.69%	11.41%
ISEU.L iShares MSCI Europe UCITS Dist	7.70%	19.15%	8.93%	15.94%	-8.38%	24.50%	-2.99%	26.35%	-10.36%	10.71%

Correlation

The correlation between IUSK.DE and ISEU.L is 0.83, 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	0.83
Correlation (3Y) Calculated over the trailing 3-year period	0.86
Correlation (5Y) Calculated over the trailing 5-year period	0.88
Correlation (All Time) Calculated using the full available price history since Nov 29, 2016	0.87

The correlation between IUSK.DE and ISEU.L has been stable across timeframes, ranging from 0.83 to 0.88 - a consistent structural relationship.

Return for Risk

IUSK.DE vs. ISEU.L — Risk / Return Rank

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

IUSK.DE

IUSK.DE Risk / Return Rank: 15
IUSK.DE Sharpe Ratio Rank: 16
IUSK.DE Sortino Ratio Rank: 15
IUSK.DE Omega Ratio Rank: 15
IUSK.DE Calmar Ratio Rank: 16
IUSK.DE Martin Ratio Rank: 16

ISEU.L

ISEU.L Risk / Return Rank: 34
ISEU.L Sharpe Ratio Rank: 34
ISEU.L Sortino Ratio Rank: 34
ISEU.L Omega Ratio Rank: 34
ISEU.L Calmar Ratio Rank: 33
ISEU.L Martin Ratio Rank: 37

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.

IUSK.DE vs. ISEU.L - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for iShares MSCI Europe SRI UCITS ETF (Acc) (IUSK.DE) and iShares MSCI Europe UCITS Dist (ISEU.L). 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.

	IUSK.DE	ISEU.L	Difference
Sharpe ratio: Return per unit of total volatility	0.40	1.16	-0.76
Sortino ratio: Return per unit of downside risk	0.66	1.70	-1.04
Omega ratio: Gain probability vs. loss probability	1.08	1.22	-0.14
Calmar ratio: Return relative to maximum drawdown	0.53	1.68	-1.15
Martin ratio: Return relative to average drawdown	1.40	6.34	-4.93
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

IUSK.DE vs. ISEU.L - Sharpe Ratio Comparison

The current IUSK.DE Sharpe Ratio is 0.40, which is lower than the ISEU.L Sharpe Ratio of 1.16. The chart below compares the historical Sharpe Ratios of IUSK.DE and ISEU.L, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Sharpe Ratios by Period

	IUSK.DE	ISEU.L	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	0.40	1.16	-0.76
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.36	0.66	-0.30
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.50	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.49	0.59	-0.10

Drawdowns

IUSK.DE vs. ISEU.L - Drawdown Comparison

The maximum IUSK.DE drawdown since its inception was -33.56%, smaller than the maximum ISEU.L drawdown of -35.41%. Use the drawdown chart below to compare losses from any high point for IUSK.DE and ISEU.L.

Drawdown Indicators

	IUSK.DE	ISEU.L	Difference
Max Drawdown Largest peak-to-trough decline	-33.56%	-35.41%	+1.85%
Max Drawdown (1Y) Largest decline over 1 year	-10.12%	-9.54%	-0.58%
Max Drawdown (3Y) Largest decline over 3 years	-15.94%	-15.60%	-0.34%
Max Drawdown (5Y) Largest decline over 5 years	-23.50%	-19.98%	-3.52%
Max Drawdown (10Y) Largest decline over 10 years	-33.56%	—	—
Current Drawdown Current decline from peak	-0.86%	-0.39%	-0.47%
Average Drawdown Average peak-to-trough decline	-5.91%	-4.56%	-1.35%
Ulcer Index Depth and duration of drawdowns from previous peaks	3.83%	2.54%	+1.29%

Volatility

IUSK.DE vs. ISEU.L - Volatility Comparison

The current volatility for iShares MSCI Europe SRI UCITS ETF (Acc) (IUSK.DE) is 4.24%, while iShares MSCI Europe UCITS Dist (ISEU.L) has a volatility of 4.84%. This indicates that IUSK.DE experiences smaller price fluctuations and is considered to be less risky than ISEU.L based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	IUSK.DE	ISEU.L	Difference
Volatility (1M) Calculated over the trailing 1-month period	4.24%	4.84%	-0.60%
Volatility (6M) Calculated over the trailing 6-month period	11.01%	11.53%	-0.52%
Volatility (1Y) Calculated over the trailing 1-year period	13.58%	13.89%	-0.31%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	14.62%	15.20%	-0.58%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	15.50%	16.23%	-0.73%

IUSK.DE vs. ISEU.L - Expense Ratio Comparison

IUSK.DE has a 0.20% expense ratio, which is lower than ISEU.L's 1.00% expense ratio.

Dividends

IUSK.DE vs. ISEU.L - Dividend Comparison

IUSK.DE has not paid dividends to shareholders, while ISEU.L's dividend yield for the trailing twelve months is around 2.54%.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017
ISEU.L iShares MSCI Europe UCITS Dist	2.54%	2.46%	3.00%	2.81%	2.86%	2.36%	1.91%	3.03%	3.28%	2.48%
IUSK.DE iShares MSCI Europe SRI UCITS ETF (Acc)	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%

Frequently Asked Questions

Can I hold both IUSK.DE and ISEU.L in my portfolio?

IUSK.DE and ISEU.L have a correlation of 0.83, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, IUSK.DE or ISEU.L?

On fees, IUSK.DE is cheaper at 0.20% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, IUSK.DE or ISEU.L?

IUSK.DE is cheaper with a 0.20% expense ratio, compared with 1.00% for ISEU.L.

What is the main difference between IUSK.DE and ISEU.L?

IUSK.DE tracks MSCI Europe SRI Select Reduced Fossil Fuels, while ISEU.L tracks MSCI Europe NR EUR. Their fees differ too: 0.20% for IUSK.DE and 1.00% for ISEU.L.