SLMA.DE vs. EXS2.DE
SLMA.DE (iShares MSCI EMU ESG Screened UCITS ETF EUR (Acc)) and EXS2.DE (iShares TecDAX UCITS ETF (DE)) are both Europe Equities funds from iShares - SLMA.DE tracks the MSCI EMU ESG Screened while EXS2.DE tracks the TecDAX®. Both are passively managed. Over the past 5 years, SLMA.DE returned 10.24%/yr vs 3.72%/yr for EXS2.DE. A 0.79 correlation means they provide meaningful diversification when combined. SLMA.DE charges 0.12%/yr vs 0.51%/yr for EXS2.DE.
Performance
SLMA.DE vs. EXS2.DE - Performance Comparison
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Returns By Period
In the year-to-date period, SLMA.DE achieves a 8.54% return, which is significantly lower than EXS2.DE's 15.70% return.
SLMA.DE
- 1D
- 0.46%
- 1M
- 2.64%
- YTD
- 8.54%
- 6M
- 10.39%
- 1Y
- 16.70%
- 3Y*
- 15.58%
- 5Y*
- 10.24%
- 10Y*
- —
EXS2.DE
- 1D
- 0.52%
- 1M
- 10.24%
- YTD
- 15.70%
- 6M
- 16.12%
- 1Y
- 5.55%
- 3Y*
- 8.54%
- 5Y*
- 3.72%
- 10Y*
- 9.01%
SLMA.DE vs. EXS2.DE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | |
|---|---|---|---|---|---|---|---|---|---|
SLMA.DE iShares MSCI EMU ESG Screened UCITS ETF EUR (Acc) | 8.54% | 22.99% | 9.30% | 19.71% | -12.70% | 22.35% | 0.12% | 26.88% | -4.71% |
EXS2.DE iShares TecDAX UCITS ETF (DE) | 15.70% | 5.33% | 1.63% | 13.54% | -26.00% | 21.07% | 6.12% | 22.25% | -3.26% |
Correlation
The correlation between SLMA.DE and EXS2.DE is 0.72, 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 | 0.72 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.79 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.80 |
Correlation (All Time) Calculated using the full available price history since Oct 25, 2018 | 0.79 |
The correlation between SLMA.DE and EXS2.DE has been stable across timeframes, ranging from 0.72 to 0.80 - a consistent structural relationship.
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Return for Risk
SLMA.DE vs. EXS2.DE — Risk / Return Rank
SLMA.DE
EXS2.DE
SLMA.DE vs. EXS2.DE - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for iShares MSCI EMU ESG Screened UCITS ETF EUR (Acc) (SLMA.DE) and iShares TecDAX UCITS ETF (DE) (EXS2.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.
| SLMA.DE | EXS2.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.80 | ||
| Sortino ratioReturn per unit of downside risk | +1.13 | ||
| Omega ratioGain probability vs. loss probability | 1.22 | 1.07 | +0.14 |
| Calmar ratioReturn relative to maximum drawdown | 1.63 | 0.40 | +1.23 |
| Martin ratioReturn relative to average drawdown | 5.91 | 0.80 | +5.11 |
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
| SLMA.DE | EXS2.DE | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.16 | 0.36 | +0.80 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.63 | 0.20 | +0.43 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | — | 0.46 | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.62 | 0.14 | +0.49 |
Drawdowns
SLMA.DE vs. EXS2.DE - Drawdown Comparison
The maximum SLMA.DE drawdown since its inception was -37.39%, smaller than the maximum EXS2.DE drawdown of -84.49%. Use the drawdown chart below to compare losses from any high point for SLMA.DE and EXS2.DE.
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Drawdown Indicators
| SLMA.DE | EXS2.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -37.39% | -84.49% | +47.10% |
Max Drawdown (1Y)Largest decline over 1 year | -10.24% | -16.12% | +5.88% |
Max Drawdown (3Y)Largest decline over 3 years | -15.06% | -17.93% | +2.87% |
Max Drawdown (5Y)Largest decline over 5 years | -25.10% | -34.97% | +9.87% |
Max Drawdown (10Y)Largest decline over 10 years | — | -34.97% | — |
Current DrawdownCurrent decline from peak | -0.36% | -0.81% | +0.45% |
Average DrawdownAverage peak-to-trough decline | -5.40% | -39.46% | +34.06% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.84% | 8.07% | -5.23% |
Volatility
SLMA.DE vs. EXS2.DE - Volatility Comparison
The current volatility for iShares MSCI EMU ESG Screened UCITS ETF EUR (Acc) (SLMA.DE) is 4.51%, while iShares TecDAX UCITS ETF (DE) (EXS2.DE) has a volatility of 5.29%. This indicates that SLMA.DE experiences smaller price fluctuations and is considered to be less risky than EXS2.DE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| SLMA.DE | EXS2.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 4.51% | 5.29% | -0.78% |
Volatility (6M)Calculated over the trailing 6-month period | 11.82% | 14.25% | -2.43% |
Volatility (1Y)Calculated over the trailing 1-year period | 14.42% | 17.83% | -3.41% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 16.16% | 18.80% | -2.64% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 18.01% | 19.47% | -1.46% |
SLMA.DE vs. EXS2.DE - Expense Ratio Comparison
SLMA.DE has a 0.12% expense ratio, which is lower than EXS2.DE's 0.51% expense ratio.
Dividends
SLMA.DE vs. EXS2.DE - Dividend Comparison
Neither SLMA.DE nor EXS2.DE has paid dividends to shareholders.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
EXS2.DE iShares TecDAX UCITS ETF (DE) | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.04% | 0.15% | 0.25% | 0.36% |
SLMA.DE iShares MSCI EMU ESG Screened UCITS ETF EUR (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% |
Frequently Asked Questions
SLMA.DE and EXS2.DE have a correlation of 0.72, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, SLMA.DE is cheaper at 0.12% per year. The better choice depends on whether you care most about return, fees, risk, or income.
SLMA.DE is cheaper with a 0.12% expense ratio, compared with 0.51% for EXS2.DE.
SLMA.DE tracks MSCI EMU ESG Screened, while EXS2.DE tracks TecDAX®. Their fees differ too: 0.12% for SLMA.DE and 0.51% for EXS2.DE.
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