IYG vs. PBEU
IYG (iShares U.S. Financial Services ETF) and PBEU (Portfolio Building Block European Banks Index ETF) are both Financials Equities funds - IYG tracks the Dow Jones U.S. Financial Services TR while PBEU tracks the BITA European Banks Index. Both are passively managed. A 0.58 correlation means they provide meaningful diversification when combined. IYG charges 0.42%/yr vs 0.13%/yr for PBEU.
Performance
IYG vs. PBEU - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, IYG achieves a -3.88% return, which is significantly lower than PBEU's 7.74% return.
IYG
- 1D
- 2.82%
- 1M
- 1.39%
- YTD
- -3.88%
- 6M
- -1.63%
- 1Y
- 9.20%
- 3Y*
- 21.76%
- 5Y*
- 8.46%
- 10Y*
- 13.56%
PBEU
- 1D
- 1.00%
- 1M
- 5.33%
- YTD
- 7.74%
- 6M
- 15.29%
- 1Y
- —
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
IYG vs. PBEU - Yearly Performance Comparison
| 2026 (YTD) | 2025 | |
|---|---|---|
IYG iShares U.S. Financial Services ETF | -3.88% | 5.02% |
PBEU Portfolio Building Block European Banks Index ETF | 7.74% | 11.49% |
Correlation
The correlation between IYG and PBEU is 0.58, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.
| Correlation | |
|---|---|
Correlation (All Time) Calculated using the full available price history since Nov 26, 2025 | 0.58 |
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
IYG vs. PBEU — Risk / Return Rank
IYG
PBEU
IYG vs. PBEU - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for iShares U.S. Financial Services ETF (IYG) 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.
| IYG | PBEU | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | — | — | |
| Sortino ratioReturn per unit of downside risk | — | — | |
| Omega ratioGain probability vs. loss probability | 1.11 | — | — |
| Calmar ratioReturn relative to maximum drawdown | 0.58 | — | — |
| Martin ratioReturn relative to average drawdown | 1.51 | — | — |
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
| IYG | PBEU | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 0.59 | — | — |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.42 | — | — |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.58 | — | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.22 | 1.54 | -1.32 |
Drawdowns
IYG vs. PBEU - Drawdown Comparison
The maximum IYG drawdown since its inception was -81.84%, which is greater than PBEU's maximum drawdown of -17.26%. Use the drawdown chart below to compare losses from any high point for IYG and PBEU.
Loading charts...
Drawdown Indicators
| IYG | PBEU | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -81.84% | -17.26% | -64.58% |
Max Drawdown (1Y)Largest decline over 1 year | -15.90% | — | — |
Max Drawdown (3Y)Largest decline over 3 years | -18.54% | — | — |
Max Drawdown (5Y)Largest decline over 5 years | -29.62% | — | — |
Max Drawdown (10Y)Largest decline over 10 years | -44.32% | — | — |
Current DrawdownCurrent decline from peak | -7.23% | -1.20% | -6.03% |
Average DrawdownAverage peak-to-trough decline | -20.74% | -4.21% | -16.53% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 6.11% | — | — |
Volatility
IYG vs. PBEU - Volatility Comparison
Loading charts...
Volatility by Period
| IYG | PBEU | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 4.41% | — | — |
Volatility (6M)Calculated over the trailing 6-month period | 12.10% | — | — |
Volatility (1Y)Calculated over the trailing 1-year period | 15.65% | 27.80% | -12.15% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 20.47% | 27.80% | -7.33% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 23.54% | 27.80% | -4.26% |
IYG vs. PBEU - Expense Ratio Comparison
IYG has a 0.42% expense ratio, which is higher than PBEU's 0.13% expense ratio.
Dividends
IYG vs. PBEU - Dividend Comparison
IYG's dividend yield for the trailing twelve months is around 1.11%, more than PBEU's 0.01% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
IYG iShares U.S. Financial Services ETF | 1.11% | 1.00% | 1.16% | 1.77% | 2.07% | 1.25% | 1.71% | 1.59% | 1.81% | 1.24% | 1.28% | 1.33% |
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
IYG and PBEU have a correlation of 0.58, 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 0.42% for IYG.
IYG has the higher dividend yield at 1.11%, compared with 0.01% for PBEU.
IYG tracks Dow Jones U.S. Financial Services TR, while PBEU tracks BITA European Banks Index. They also come from different issuers: iShares and Portfolio Building Block. Their fees differ too: 0.42% for IYG and 0.13% for PBEU.
Find the right allocation for IYG and PBEU
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