IYF vs. PBEU
IYF (iShares U.S. Financials ETF) and PBEU (Portfolio Building Block European Banks Index ETF) are both Financials Equities funds - IYF tracks the Russell 1000 Financials 40 Act 15/22.5 Daily Capped Index while PBEU tracks the BITA European Banks Index. Both are passively managed. Their 0.57 correlation means they have sometimes moved together and sometimes differently. IYF charges 0.38%/yr vs 0.13%/yr for PBEU.
Performance
IYF vs. PBEU - Performance Comparison
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Returns By Period
In the year-to-date period, IYF achieves a 5.27% return, which is significantly lower than PBEU's 21.81% return.
IYF
- 1D
- -0.09%
- 1M
- 2.09%
- 6M
- 6.28%
- YTD
- 5.27%
- 1Y
- 14.06%
- 3Y*
- 21.23%
- 5Y*
- 12.16%
- 10Y*
- 13.70%
- ALL TIME*
- 6.14%
PBEU
- 1D
- -0.11%
- 1M
- 5.63%
- 6M
- 13.95%
- YTD
- 21.81%
- 1Y
- —
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
- ALL TIME*
- —
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
| $64.39M | $58.62M | $40.71M | |
| $1.85M | $6.79M | $5.48M |
IYF vs. PBEU - Yearly Performance Comparison
| 2026 (YTD) | 2025 | |
|---|---|---|
IYF iShares U.S. Financials ETF | 5.27% | 5.83% |
PBEU Portfolio Building Block European Banks Index ETF | 21.81% | 11.42% |
Correlation
The correlation between IYF and PBEU is 0.57, which is moderate. They have sometimes moved together and sometimes differently, sharing some price drivers without tracking each other closely.
| Correlation | |
|---|---|
Correlation (All Time) Calculated using the full available price history since Nov 25, 2025 | 0.57 |
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Return for Risk
IYF vs. PBEU — Risk / Return Rank
IYF
PBEU
Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.
IYF vs. PBEU - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for iShares U.S. Financials ETF (IYF) and Portfolio Building Block European Banks Index ETF (PBEU). 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.
| IYF | PBEU | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | — | — | |
| Sortino ratioReturn per unit of downside risk | — | — | |
| Omega ratioGain probability vs. loss probability | 1.15 | — | — |
| Calmar ratioReturn relative to maximum drawdown | 0.86 | — | — |
| Martin ratioReturn relative to average drawdown | 2.33 | — | — |
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Drawdowns
IYF vs. PBEU - Drawdown Comparison
The maximum IYF drawdown since its inception was -79.09%, which is greater than PBEU's maximum drawdown of -17.26%. Use the drawdown chart below to compare losses from any high point for IYF and PBEU.
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Drawdown Indicators
| IYF | PBEU | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -79.09% | -17.26% | -61.83% |
Max Drawdown (1Y)Largest decline over 1 year | -13.88% | — | — |
Max Drawdown (3Y)Largest decline over 3 years | -16.60% | — | — |
Max Drawdown (5Y)Largest decline over 5 years | -25.06% | — | — |
Max Drawdown (10Y)Largest decline over 10 years | -42.57% | — | — |
Current DrawdownCurrent decline from peak | -1.51% | -0.11% | -1.40% |
Average DrawdownAverage peak-to-trough decline | -17.51% | -3.54% | -13.97% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 5.14% | — | — |
Volatility
IYF vs. PBEU - Volatility Comparison
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Volatility by Period
| IYF | PBEU | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 3.97% | — | — |
Volatility (6M)Calculated over the trailing 6-month period | 11.05% | — | — |
Volatility (1Y)Calculated over the trailing 1-year period | 14.67% | 27.34% | -12.67% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 18.94% | 27.34% | -8.40% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 20.82% | 27.34% | -6.52% |
IYF vs. PBEU - Expense Ratio Comparison
IYF has a 0.38% expense ratio, which is higher than PBEU's 0.13% expense ratio.
Dividends
IYF vs. PBEU - Dividend Comparison
IYF's dividend yield for the trailing twelve months is around 1.42%, more than PBEU's 0.01% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
IYF iShares U.S. Financials ETF | 1.42% | 1.32% | 1.29% | 1.67% | 1.86% | 1.27% | 1.72% | 1.64% | 1.90% | 1.46% | 1.67% | 1.66% |
PBEU Portfolio Building Block European Banks Index ETF | 0.01% | 0.01% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Frequently Asked Questions
IYF and PBEU have a correlation of 0.57, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, PBEU is cheaper at 0.13% per year. The better choice depends on whether you care most about return, fees, risk, or income.
PBEU is cheaper with a 0.13% expense ratio, compared with 0.38% for IYF.
IYF has the higher dividend yield at 1.42%, compared with 0.01% for PBEU.
IYF tracks Russell 1000 Financials 40 Act 15/22.5 Daily Capped Index, while PBEU tracks BITA European Banks Index. They also come from different issuers: iShares and Portfolio Building Block. Their fees differ too: 0.38% for IYF and 0.13% for PBEU.
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