IUSN.DE vs. SMLK.DE
IUSN.DE (iShares MSCI World Small Cap UCITS ETF) and SMLK.DE (Invesco S&P SmallCap 600 UCITS ETF A) are both exchange-traded funds - IUSN.DE is a Global Equities fund tracking the MSCI World Small Cap, while SMLK.DE is a Small Cap Blend Equities fund tracking the S&P SmallCap 600. Both are passively managed. Over the past 5 years, IUSN.DE returned 8.07%/yr vs 6.92%/yr for SMLK.DE. Their correlation of 0.93 suggests significant overlap in exposure. IUSN.DE charges 0.35%/yr vs 0.14%/yr for SMLK.DE.
Performance
IUSN.DE vs. SMLK.DE - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, IUSN.DE achieves a 14.82% return, which is significantly lower than SMLK.DE's 15.73% return.
IUSN.DE
- 1D
- 0.51%
- 1M
- 2.54%
- YTD
- 14.82%
- 6M
- 15.37%
- 1Y
- 29.99%
- 3Y*
- 14.95%
- 5Y*
- 8.07%
- 10Y*
- —
SMLK.DE
- 1D
- 0.95%
- 1M
- 2.04%
- YTD
- 15.73%
- 6M
- 15.83%
- 1Y
- 31.00%
- 3Y*
- 12.46%
- 5Y*
- 6.92%
- 10Y*
- —
IUSN.DE vs. SMLK.DE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|---|---|
IUSN.DE iShares MSCI World Small Cap UCITS ETF | 14.82% | 7.82% | 13.17% | 13.11% | -13.82% | 8.01% |
SMLK.DE Invesco S&P SmallCap 600 UCITS ETF A | 15.73% | -4.02% | 13.30% | 13.97% | -11.83% | 10.98% |
Correlation
The correlation between IUSN.DE and SMLK.DE is 0.89, 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 | 0.89 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.92 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.93 |
Correlation (All Time) Calculated using the full available price history since Apr 15, 2021 | 0.93 |
The correlation between IUSN.DE and SMLK.DE has been stable across timeframes, ranging from 0.89 to 0.93 - a consistent structural relationship.
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
IUSN.DE vs. SMLK.DE — Risk / Return Rank
IUSN.DE
SMLK.DE
IUSN.DE vs. SMLK.DE - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for iShares MSCI World Small Cap UCITS ETF (IUSN.DE) and Invesco S&P SmallCap 600 UCITS ETF A (SMLK.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.
| IUSN.DE | SMLK.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.32 | ||
| Sortino ratioReturn per unit of downside risk | +0.49 | ||
| Omega ratioGain probability vs. loss probability | 1.39 | 1.33 | +0.06 |
| Calmar ratioReturn relative to maximum drawdown | 4.20 | 5.02 | -0.82 |
| Martin ratioReturn relative to average drawdown | 15.62 | 14.18 | +1.44 |
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
| IUSN.DE | SMLK.DE | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 2.19 | 1.88 | +0.32 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.48 | 0.34 | +0.14 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.53 | 0.34 | +0.19 |
Drawdowns
IUSN.DE vs. SMLK.DE - Drawdown Comparison
The maximum IUSN.DE drawdown since its inception was -40.23%, which is greater than SMLK.DE's maximum drawdown of -32.69%. Use the drawdown chart below to compare losses from any high point for IUSN.DE and SMLK.DE.
Loading charts...
Drawdown Indicators
| IUSN.DE | SMLK.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -40.23% | -32.69% | -7.54% |
Max Drawdown (1Y)Largest decline over 1 year | -7.12% | -6.15% | -0.97% |
Max Drawdown (3Y)Largest decline over 3 years | -24.32% | -32.69% | +8.37% |
Max Drawdown (5Y)Largest decline over 5 years | -24.32% | -32.69% | +8.37% |
Current DrawdownCurrent decline from peak | 0.00% | 0.00% | 0.00% |
Average DrawdownAverage peak-to-trough decline | -7.03% | -8.96% | +1.93% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.92% | 2.18% | -0.26% |
Volatility
IUSN.DE vs. SMLK.DE - Volatility Comparison
The current volatility for iShares MSCI World Small Cap UCITS ETF (IUSN.DE) is 3.46%, while Invesco S&P SmallCap 600 UCITS ETF A (SMLK.DE) has a volatility of 4.06%. This indicates that IUSN.DE experiences smaller price fluctuations and is considered to be less risky than SMLK.DE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| IUSN.DE | SMLK.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 3.46% | 4.06% | -0.60% |
Volatility (6M)Calculated over the trailing 6-month period | 9.56% | 10.55% | -0.99% |
Volatility (1Y)Calculated over the trailing 1-year period | 13.64% | 16.46% | -2.82% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 16.53% | 20.01% | -3.48% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 18.31% | 19.98% | -1.67% |
IUSN.DE vs. SMLK.DE - Expense Ratio Comparison
IUSN.DE has a 0.35% expense ratio, which is higher than SMLK.DE's 0.14% expense ratio.
Dividends
IUSN.DE vs. SMLK.DE - Dividend Comparison
Neither IUSN.DE nor SMLK.DE has paid dividends to shareholders.
Frequently Asked Questions
IUSN.DE and SMLK.DE have a correlation of 0.89, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, SMLK.DE is cheaper at 0.14% per year. The better choice depends on whether you care most about return, fees, risk, or income.
SMLK.DE is cheaper with a 0.14% expense ratio, compared with 0.35% for IUSN.DE.
IUSN.DE is categorized as Global Equities, while SMLK.DE is Small Cap Blend Equities. IUSN.DE tracks MSCI World Small Cap, while SMLK.DE tracks S&P SmallCap 600. They also come from different issuers: iShares and Invesco. Their fees differ too: 0.35% for IUSN.DE and 0.14% for SMLK.DE.
Find the right allocation for IUSN.DE and SMLK.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