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IUSQ.DE vs. UCG.MI
Performance
Return for Risk
Drawdowns
Volatility
Dividends

IUSQ.DE vs. UCG.MI

Last updated Jun 13, 2026

IUSQ.DE (iShares MSCI ACWI UCITS ETF (Acc)) is Global Equities fund tracking the MSCI All Country World (ACWI), while UCG.MI (UniCredit S.p.A.) is a stock. Over the past 10 years, IUSQ.DE returned 12.55%/yr vs 33.60%/yr for UCG.MI. At a 0.41 correlation, their price movements are largely independent.

Performance

IUSQ.DE vs. UCG.MI - Performance Comparison

The chart below illustrates the hypothetical performance of a €10,000 investment in iShares MSCI ACWI UCITS ETF (Acc) (IUSQ.DE) and UniCredit S.p.A. (UCG.MI). The values are adjusted to include any dividend payments, if applicable.

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Returns By Period

In the year-to-date period, IUSQ.DE achieves a 11.73% return, which is significantly higher than UCG.MI's 5.89% return. Over the past 10 years, IUSQ.DE has underperformed UCG.MI with an annualized return of 12.55%, while UCG.MI has yielded a comparatively higher 33.60% annualized return.

IUSQ.DE

1D
1.86%
1M
0.87%
YTD
11.73%
6M
13.44%
1Y
26.48%
3Y*
17.12%
5Y*
12.02%
10Y*
12.55%

UCG.MI

1D
4.10%
1M
1.31%
YTD
5.89%
6M
11.29%
1Y
36.86%
3Y*
66.44%
5Y*
54.62%
10Y*
33.60%
*Multi-year figures are annualized to reflect compound growth (CAGR)

IUSQ.DE vs. UCG.MI - Yearly Performance Comparison

2026 (YTD)202520242023202220212020201920182017
IUSQ.DE
iShares MSCI ACWI UCITS ETF (Acc)		11.73%9.02%24.53%18.57%-13.58%29.13%4.94%30.14%-5.97%9.14%
UCG.MI
UniCredit S.p.A.		5.89%94.09%69.10%95.01%3.82%79.52%-41.24%34.49%-35.37%126.88%

Correlation

The correlation between IUSQ.DE and UCG.MI is 0.55, 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

0.55

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

0.41

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

0.40

Correlation (10Y)
Calculated over the trailing 10-year period

0.39

Correlation (All Time)
Calculated using the full available price history since Oct 21, 2011

0.41

The correlation between IUSQ.DE and UCG.MI shifts across timeframes, from 0.39 (10 years) to 0.55 (1 year), reflecting how their relationship changes across market environments.

Compare stocks, funds, or ETFs

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iShares MSCI ACWI UCITS ETF (Acc)

UniCredit S.p.A.

Often compared with IUSQ.DE:
IUSQ.DE vs. VWCE.DEIUSQ.DE vs. SWDA.LIUSQ.DE vs. VOOIUSQ.DE vs. SSAC.LIUSQ.DE vs. IS3Q.DEIUSQ.DE vs. BRK-BIUSQ.DE vs. VGVF.DE
Often compared with UCG.MI:
UCG.MI vs. ISP.MIUCG.MI vs. CBK.DEUCG.MI vs. MSFTUCG.MI vs. MUFGUCG.MI vs. BPE.MIUCG.MI vs. MAUCG.MI vs. BBVA

Return for Risk

IUSQ.DE vs. UCG.MI — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.
IUSQ.DE
IUSQ.DE Risk / Return Rank: 8282
Overall Rank
IUSQ.DE Sharpe Ratio Rank: 8080
Sharpe Ratio Rank
IUSQ.DE Sortino Ratio Rank: 8080
Sortino Ratio Rank
IUSQ.DE Omega Ratio Rank: 8080
Omega Ratio Rank
IUSQ.DE Calmar Ratio Rank: 8484
Calmar Ratio Rank
IUSQ.DE Martin Ratio Rank: 8787
Martin Ratio Rank
UCG.MI
UCG.MI Risk / Return Rank: 7272
Overall Rank
UCG.MI Sharpe Ratio Rank: 7676
Sharpe Ratio Rank
UCG.MI Sortino Ratio Rank: 7373
Sortino Ratio Rank
UCG.MI Omega Ratio Rank: 6969
Omega Ratio Rank
UCG.MI Calmar Ratio Rank: 7070
Calmar Ratio Rank
UCG.MI Martin Ratio Rank: 7373
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.

IUSQ.DE vs. UCG.MI - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for iShares MSCI ACWI UCITS ETF (Acc) (IUSQ.DE) and UniCredit S.p.A. (UCG.MI). 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.

IUSQ.DEUCG.MIDifference
Sharpe ratioReturn per unit of total volatility
2.21
1.12

+1.09

Sortino ratioReturn per unit of downside risk
3.09
1.76

+1.33

Omega ratioGain probability vs. loss probability

1.41

1.20

+0.21

Calmar ratioReturn relative to maximum drawdown

3.97

1.44

+2.53

Martin ratioReturn relative to average drawdown

16.29

4.03

+12.27

IUSQ.DE vs. UCG.MI - Sharpe Ratio Comparison

The current IUSQ.DE Sharpe Ratio is 2.21, which is higher than the UCG.MI Sharpe Ratio of 1.12. The chart below compares the historical Sharpe Ratios of IUSQ.DE and UCG.MI, 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

IUSQ.DE vs. UCG.MI - Drawdown Comparison

The maximum IUSQ.DE drawdown since its inception was -33.60%, smaller than the maximum UCG.MI drawdown of -93.56%. Use the drawdown chart below to compare losses from any high point for IUSQ.DE and UCG.MI.

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Drawdown Indicators

IUSQ.DEUCG.MIDifference

Max Drawdown

Largest peak-to-trough decline

-33.60%

-93.56%

+59.96%

Max Drawdown (1Y)

Largest decline over 1 year

-6.48%

-24.17%

+17.69%

Max Drawdown (3Y)

Largest decline over 3 years

-21.25%

-24.17%

+2.92%

Max Drawdown (5Y)

Largest decline over 5 years

-21.25%

-46.40%

+25.15%

Max Drawdown (10Y)

Largest decline over 10 years

-33.60%

-65.16%

+31.56%

Current Drawdown

Current decline from peak

-1.37%

-4.50%

+3.13%

Average Drawdown

Average peak-to-trough decline

-4.18%

-65.98%

+61.80%

Ulcer Index

Depth and duration of drawdowns from previous peaks

1.58%

8.66%

-7.08%

Volatility

IUSQ.DE vs. UCG.MI - Volatility Comparison

The current volatility for iShares MSCI ACWI UCITS ETF (Acc) (IUSQ.DE) is 3.41%, while UniCredit S.p.A. (UCG.MI) has a volatility of 8.15%. This indicates that IUSQ.DE experiences smaller price fluctuations and is considered to be less risky than UCG.MI based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

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Volatility by Period

IUSQ.DEUCG.MIDifference

Volatility (1M)

Calculated over the trailing 1-month period

3.41%

8.15%

-4.74%

Volatility (6M)

Calculated over the trailing 6-month period

8.53%

24.82%

-16.29%

Volatility (1Y)

Calculated over the trailing 1-year period

11.69%

31.19%

-19.50%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

13.97%

35.81%

-21.84%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

15.03%

48.06%

-33.03%

Dividends

IUSQ.DE vs. UCG.MI - Dividend Comparison

IUSQ.DE has not paid dividends to shareholders, while UCG.MI's dividend yield for the trailing twelve months is around 4.30%.

PositionTTM20252024202320222021202020192018201720162015
IUSQ.DE
iShares MSCI ACWI 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%
UCG.MI
UniCredit S.p.A.		4.30%4.10%7.08%4.02%4.05%0.89%0.00%2.07%3.24%0.00%0.88%0.47%

Frequently Asked Questions

IUSQ.DE and UCG.MI have a correlation of 0.55, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

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