MVEW.DE vs. SEC0.DE
MVEW.DE (iShares Edge MSCI World Minimum Volatility ESG UCITS ETF (Acc)) and SEC0.DE (iShares MSCI Global Semiconductors UCITS ETF USD (Acc)) are both exchange-traded funds - MVEW.DE is a Global Equities fund tracking the MSCI ACWI NR USD, while SEC0.DE is a Semiconductors fund tracking the MSCI ACWI IMI Semiconductors & Semiconductor Equipment ESG Screened Select Capped. Both are passively managed. Over the past 3 years, MVEW.DE returned 6.53%/yr vs 56.37%/yr for SEC0.DE. At a 0.33 correlation, their price movements are largely independent. MVEW.DE charges 0.30%/yr vs 0.35%/yr for SEC0.DE.
Performance
MVEW.DE vs. SEC0.DE - Performance Comparison
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Returns By Period
In the year-to-date period, MVEW.DE achieves a 1.17% return, which is significantly lower than SEC0.DE's 98.10% return.
MVEW.DE
- 1D
- 0.07%
- 1M
- 2.04%
- YTD
- 1.17%
- 6M
- 1.03%
- 1Y
- 0.94%
- 3Y*
- 6.53%
- 5Y*
- 6.47%
- 10Y*
- —
SEC0.DE
- 1D
- -2.85%
- 1M
- 18.95%
- YTD
- 98.10%
- 6M
- 98.14%
- 1Y
- 188.23%
- 3Y*
- 56.37%
- 5Y*
- —
- 10Y*
- —
MVEW.DE vs. SEC0.DE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|---|---|
MVEW.DE iShares Edge MSCI World Minimum Volatility ESG UCITS ETF (Acc) | 1.17% | -0.99% | 17.25% | 6.27% | -5.98% | 8.67% |
SEC0.DE iShares MSCI Global Semiconductors UCITS ETF USD (Acc) | 98.10% | 36.46% | 20.85% | 61.01% | -32.22% | 21.11% |
Correlation
The correlation between MVEW.DE and SEC0.DE is -0.02, meaning there is essentially no relationship between their price movements. Each responds to its own set of market drivers, making them strong candidates for combining in a diversified portfolio.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | -0.02 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.21 |
Correlation (All Time) Calculated using the full available price history since Aug 9, 2021 | 0.33 |
The correlation between MVEW.DE and SEC0.DE shifts across timeframes, from -0.02 (1 year) to 0.33 (all time), reflecting how their relationship changes across market environments.
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Return for Risk
MVEW.DE vs. SEC0.DE — Risk / Return Rank
MVEW.DE
SEC0.DE
MVEW.DE vs. SEC0.DE - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for iShares Edge MSCI World Minimum Volatility ESG UCITS ETF (Acc) (MVEW.DE) and iShares MSCI Global Semiconductors UCITS ETF USD (Acc) (SEC0.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.
| MVEW.DE | SEC0.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -5.84 | ||
| Sortino ratioReturn per unit of downside risk | -5.73 | ||
| Omega ratioGain probability vs. loss probability | 1.02 | 1.75 | -0.73 |
| Calmar ratioReturn relative to maximum drawdown | 0.10 | 14.81 | -14.71 |
| Martin ratioReturn relative to average drawdown | 0.20 | 52.61 | -52.41 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| MVEW.DE | SEC0.DE | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 0.06 | 5.89 | -5.84 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.62 | — | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.63 | 1.17 | -0.54 |
Drawdowns
MVEW.DE vs. SEC0.DE - Drawdown Comparison
The maximum MVEW.DE drawdown since its inception was -13.19%, smaller than the maximum SEC0.DE drawdown of -39.35%. Use the drawdown chart below to compare losses from any high point for MVEW.DE and SEC0.DE.
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Drawdown Indicators
| MVEW.DE | SEC0.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -13.19% | -39.35% | +26.16% |
Max Drawdown (1Y)Largest decline over 1 year | -4.68% | -12.90% | +8.22% |
Max Drawdown (3Y)Largest decline over 3 years | -13.19% | -39.35% | +26.16% |
Max Drawdown (5Y)Largest decline over 5 years | -13.19% | — | — |
Current DrawdownCurrent decline from peak | -5.75% | -2.85% | -2.90% |
Average DrawdownAverage peak-to-trough decline | -3.83% | -11.85% | +8.02% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.27% | 3.64% | -1.37% |
Volatility
MVEW.DE vs. SEC0.DE - Volatility Comparison
The current volatility for iShares Edge MSCI World Minimum Volatility ESG UCITS ETF (Acc) (MVEW.DE) is 2.58%, while iShares MSCI Global Semiconductors UCITS ETF USD (Acc) (SEC0.DE) has a volatility of 13.13%. This indicates that MVEW.DE experiences smaller price fluctuations and is considered to be less risky than SEC0.DE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| MVEW.DE | SEC0.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 2.58% | 13.13% | -10.55% |
Volatility (6M)Calculated over the trailing 6-month period | 5.42% | 25.14% | -19.72% |
Volatility (1Y)Calculated over the trailing 1-year period | 7.97% | 32.42% | -24.45% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 10.25% | 29.95% | -19.70% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 10.82% | 29.95% | -19.13% |
MVEW.DE vs. SEC0.DE - Expense Ratio Comparison
MVEW.DE has a 0.30% expense ratio, which is lower than SEC0.DE's 0.35% expense ratio.
Dividends
MVEW.DE vs. SEC0.DE - Dividend Comparison
Neither MVEW.DE nor SEC0.DE has paid dividends to shareholders.
Frequently Asked Questions
MVEW.DE and SEC0.DE have a correlation of -0.02, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, MVEW.DE is cheaper at 0.30% per year. The better choice depends on whether you care most about return, fees, risk, or income.
MVEW.DE is cheaper with a 0.30% expense ratio, compared with 0.35% for SEC0.DE.
MVEW.DE is categorized as Global Equities, while SEC0.DE is Semiconductors. MVEW.DE tracks MSCI ACWI NR USD, while SEC0.DE tracks MSCI ACWI IMI Semiconductors & Semiconductor Equipment ESG Screened Select Capped. Their fees differ too: 0.30% for MVEW.DE and 0.35% for SEC0.DE.
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