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SLMB.DE vs. SLQX.DE
Performance
Return for Risk
Drawdowns
Volatility
Dividends

SLMB.DE vs. SLQX.DE

Last updated Jul 16, 2026
Documentation

SLMB.DE (iShares MSCI EMU Screened UCITS ETF EUR (Dist)) and SLQX.DE (Expat Slovenia SBI TOP UCITS ETF) are both Europe Equities funds - SLMB.DE tracks the MSCI EMU Screened Index while SLQX.DE tracks the SBI TOP Index. Both are passively managed. Over the past 5 years, SLMB.DE returned 10.71%/yr vs 23.30%/yr for SLQX.DE. At a 0.11 correlation, their price movements are largely independent. SLMB.DE charges 0.12%/yr vs 1.38%/yr for SLQX.DE.

Performance

SLMB.DE vs. SLQX.DE - Performance Comparison

The chart below illustrates the hypothetical performance of a €10,000 investment in iShares MSCI EMU Screened UCITS ETF EUR (Dist) (SLMB.DE) and Expat Slovenia SBI TOP UCITS ETF (SLQX.DE). The values are adjusted to include any dividend payments, if applicable.

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Returns By Period

In the year-to-date period, SLMB.DE achieves a 10.88% return, which is significantly lower than SLQX.DE's 26.18% return.

SLMB.DE

1D
-0.22%
1M
-0.08%
6M
7.79%
YTD
10.88%
1Y
20.21%
3Y*
15.41%
5Y*
10.71%
10Y*
—

SLQX.DE

1D
0.18%
1M
4.95%
6M
15.59%
YTD
26.18%
1Y
29.14%
3Y*
36.50%
5Y*
23.30%
10Y*
—
*Multi-year figures are annualized to reflect compound growth (CAGR)

SLMB.DE vs. SLQX.DE - Yearly Performance Comparison

2026 (YTD)20252024202320222021202020192018
SLMB.DE
iShares MSCI EMU Screened UCITS ETF EUR (Dist)		10.88%22.96%9.33%19.66%-12.70%22.35%0.18%26.56%-7.21%
SLQX.DE
Expat Slovenia SBI TOP UCITS ETF		26.18%46.37%33.58%16.52%-10.85%43.83%-3.91%11.50%-5.94%

Correlation

The correlation between SLMB.DE and SLQX.DE is 0.19, which is low. Their price movements are largely independent, making them effective diversification partners.

Correlation
Correlation (1Y)
Calculated over the trailing 1-year period

0.19

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

0.15

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

0.15

Correlation (All Time)
Calculated using the full available price history since Oct 19, 2018

0.11

Compare stocks, funds, or ETFs

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iShares MSCI EMU Screened UCITS ETF EUR (Dist)

Expat Slovenia SBI TOP UCITS ETF

Often compared with SLMB.DE:
SLMB.DE vs. XB4A.DESLMB.DE vs. EXXX.DESLMB.DE vs. PR1E.DESLMB.DE vs. EUPE.DESLMB.DE vs. WTEE.DESLMB.DE vs. XESP.DESLMB.DE vs. AMED.DE

Return for Risk

SLMB.DE vs. SLQX.DE — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.
SLMB.DE
SLMB.DE Risk / Return Rank: 4949
Overall Rank
SLMB.DE Sharpe Ratio Rank: 4848
Sharpe Ratio Rank
SLMB.DE Sortino Ratio Rank: 5050
Sortino Ratio Rank
SLMB.DE Omega Ratio Rank: 4949
Omega Ratio Rank
SLMB.DE Calmar Ratio Rank: 4747
Calmar Ratio Rank
SLMB.DE Martin Ratio Rank: 5353
Martin Ratio Rank
SLQX.DE
SLQX.DE Risk / Return Rank: 4949
Overall Rank
SLQX.DE Sharpe Ratio Rank: 4646
Sharpe Ratio Rank
SLQX.DE Sortino Ratio Rank: 4444
Sortino Ratio Rank
SLQX.DE Omega Ratio Rank: 5656
Omega Ratio Rank
SLQX.DE Calmar Ratio Rank: 5656
Calmar Ratio Rank
SLQX.DE Martin Ratio Rank: 4242
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.

SLMB.DE vs. SLQX.DE - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for iShares MSCI EMU Screened UCITS ETF EUR (Dist) (SLMB.DE) and Expat Slovenia SBI TOP UCITS ETF (SLQX.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.

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.

SLMB.DESLQX.DEDifference
Sharpe ratioReturn per unit of total volatility
1.38
1.35

+0.03

Sortino ratioReturn per unit of downside risk
2.08
1.88

+0.19

Omega ratioGain probability vs. loss probability

1.26

1.29

-0.03

Calmar ratioReturn relative to maximum drawdown

1.99

2.31

-0.32

Martin ratioReturn relative to average drawdown

7.37

5.57

+1.80

SLMB.DE vs. SLQX.DE - Sharpe Ratio Comparison

The current SLMB.DE Sharpe Ratio is 1.38, which is comparable to the SLQX.DE Sharpe Ratio of 1.35. The chart below compares the historical Sharpe Ratios of SLMB.DE and SLQX.DE, 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

SLMB.DE vs. SLQX.DE - Drawdown Comparison

The maximum SLMB.DE drawdown since its inception was -37.65%, which is greater than SLQX.DE's maximum drawdown of -34.33%. Use the drawdown chart below to compare losses from any high point for SLMB.DE and SLQX.DE.

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Drawdown Indicators

SLMB.DESLQX.DEDifference

Max Drawdown

Largest peak-to-trough decline

-37.65%

-34.33%

-3.32%

Max Drawdown (1Y)

Largest decline over 1 year

-10.11%

-12.32%

+2.21%

Max Drawdown (3Y)

Largest decline over 3 years

-15.04%

-12.39%

-2.65%

Max Drawdown (5Y)

Largest decline over 5 years

-25.20%

-24.09%

-1.11%

Current Drawdown

Current decline from peak

-1.83%

0.00%

-1.83%

Average Drawdown

Average peak-to-trough decline

-5.33%

-8.99%

+3.66%

Ulcer Index

Depth and duration of drawdowns from previous peaks

2.74%

5.13%

-2.39%

Volatility

SLMB.DE vs. SLQX.DE - Volatility Comparison

iShares MSCI EMU Screened UCITS ETF EUR (Dist) (SLMB.DE) has a higher volatility of 3.82% compared to Expat Slovenia SBI TOP UCITS ETF (SLQX.DE) at 3.38%. This indicates that SLMB.DE's price experiences larger fluctuations and is considered to be riskier than SLQX.DE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

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Volatility by Period

SLMB.DESLQX.DEDifference

Volatility (1M)

Calculated over the trailing 1-month period

3.82%

3.38%

+0.44%

Volatility (6M)

Calculated over the trailing 6-month period

12.34%

16.14%

-3.80%

Volatility (1Y)

Calculated over the trailing 1-year period

14.56%

21.11%

-6.55%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

16.16%

18.41%

-2.25%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

17.96%

17.91%

+0.05%

SLMB.DE vs. SLQX.DE - Expense Ratio Comparison

SLMB.DE has a 0.12% expense ratio, which is lower than SLQX.DE's 1.38% expense ratio.

Dividends

SLMB.DE vs. SLQX.DE - Dividend Comparison

SLMB.DE's dividend yield for the trailing twelve months is around 2.51%, while SLQX.DE has not paid dividends to shareholders.

PositionTTM2025202420232022202120202019
SLMB.DE
iShares MSCI EMU Screened UCITS ETF EUR (Dist)		2.51%2.71%3.02%2.74%2.88%1.99%1.67%2.91%
SLQX.DE
Expat Slovenia SBI TOP UCITS ETF		0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%

Frequently Asked Questions

SLMB.DE and SLQX.DE have a correlation of 0.19, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

On fees, SLMB.DE is cheaper at 0.12% per year. The better choice depends on whether you care most about return, fees, risk, or income.

SLMB.DE is cheaper with a 0.12% expense ratio, compared with 1.38% for SLQX.DE.

SLMB.DE tracks MSCI EMU Screened Index, while SLQX.DE tracks SBI TOP Index. They also come from different issuers: iShares and Expat. Their fees differ too: 0.12% for SLMB.DE and 1.38% for SLQX.DE.

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