SLMC.DE vs. SEC0.DE
SLMC.DE (iShares MSCI Europe ESG Screened UCITS ETF EUR (Acc)) and SEC0.DE (iShares MSCI Global Semiconductors UCITS ETF USD (Acc)) are both exchange-traded funds - SLMC.DE is a Europe Equities fund tracking the MSCI Europe ESG Screened, 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, SLMC.DE returned 13.78%/yr vs 56.37%/yr for SEC0.DE. A 0.59 correlation means they provide meaningful diversification when combined. SLMC.DE charges 0.12%/yr vs 0.35%/yr for SEC0.DE.
Performance
SLMC.DE vs. SEC0.DE - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, SLMC.DE achieves a 7.14% return, which is significantly lower than SEC0.DE's 98.10% return.
SLMC.DE
- 1D
- 0.66%
- 1M
- 3.73%
- YTD
- 7.14%
- 6M
- 9.66%
- 1Y
- 15.51%
- 3Y*
- 13.78%
- 5Y*
- 9.56%
- 10Y*
- —
SEC0.DE
- 1D
- -2.85%
- 1M
- 23.18%
- YTD
- 98.10%
- 6M
- 100.19%
- 1Y
- 192.28%
- 3Y*
- 56.37%
- 5Y*
- —
- 10Y*
- —
SLMC.DE vs. SEC0.DE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|---|---|
SLMC.DE iShares MSCI Europe ESG Screened UCITS ETF EUR (Acc) | 7.14% | 18.79% | 8.99% | 17.54% | -11.33% | 4.89% |
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 SLMC.DE and SEC0.DE is 0.50, 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 | 0.50 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.53 |
Correlation (All Time) Calculated using the full available price history since Aug 9, 2021 | 0.59 |
The correlation between SLMC.DE and SEC0.DE has been stable across timeframes, ranging from 0.50 to 0.59 - a consistent structural relationship.
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
SLMC.DE vs. SEC0.DE — Risk / Return Rank
SLMC.DE
SEC0.DE
SLMC.DE vs. SEC0.DE - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for iShares MSCI Europe ESG Screened UCITS ETF EUR (Acc) (SLMC.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.
| SLMC.DE | SEC0.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -4.74 | ||
| Sortino ratioReturn per unit of downside risk | -4.14 | ||
| Omega ratioGain probability vs. loss probability | 1.22 | 1.75 | -0.53 |
| Calmar ratioReturn relative to maximum drawdown | 1.53 | 14.81 | -13.28 |
| Martin ratioReturn relative to average drawdown | 5.72 | 52.61 | -46.89 |
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
| SLMC.DE | SEC0.DE | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.15 | 5.89 | -4.74 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.65 | — | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.65 | 1.17 | -0.52 |
Drawdowns
SLMC.DE vs. SEC0.DE - Drawdown Comparison
The maximum SLMC.DE drawdown since its inception was -34.92%, smaller than the maximum SEC0.DE drawdown of -39.35%. Use the drawdown chart below to compare losses from any high point for SLMC.DE and SEC0.DE.
Loading charts...
Drawdown Indicators
| SLMC.DE | SEC0.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -34.92% | -39.35% | +4.43% |
Max Drawdown (1Y)Largest decline over 1 year | -10.10% | -12.90% | +2.80% |
Max Drawdown (3Y)Largest decline over 3 years | -16.83% | -39.35% | +22.52% |
Max Drawdown (5Y)Largest decline over 5 years | -20.92% | — | — |
Current DrawdownCurrent decline from peak | -1.46% | -2.85% | +1.39% |
Average DrawdownAverage peak-to-trough decline | -4.88% | -11.85% | +6.97% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.71% | 3.64% | -0.93% |
Volatility
SLMC.DE vs. SEC0.DE - Volatility Comparison
The current volatility for iShares MSCI Europe ESG Screened UCITS ETF EUR (Acc) (SLMC.DE) is 4.40%, while iShares MSCI Global Semiconductors UCITS ETF USD (Acc) (SEC0.DE) has a volatility of 13.13%. This indicates that SLMC.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.
Loading charts...
Volatility by Period
| SLMC.DE | SEC0.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 4.40% | 13.13% | -8.73% |
Volatility (6M)Calculated over the trailing 6-month period | 11.16% | 25.14% | -13.98% |
Volatility (1Y)Calculated over the trailing 1-year period | 13.44% | 32.42% | -18.98% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 14.49% | 29.95% | -15.46% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 16.52% | 29.95% | -13.43% |
SLMC.DE vs. SEC0.DE - Expense Ratio Comparison
SLMC.DE has a 0.12% expense ratio, which is lower than SEC0.DE's 0.35% expense ratio.
Dividends
SLMC.DE vs. SEC0.DE - Dividend Comparison
Neither SLMC.DE nor SEC0.DE has paid dividends to shareholders.
Frequently Asked Questions
SLMC.DE and SEC0.DE have a correlation of 0.50, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, SLMC.DE is cheaper at 0.12% per year. The better choice depends on whether you care most about return, fees, risk, or income.
SLMC.DE is cheaper with a 0.12% expense ratio, compared with 0.35% for SEC0.DE.
SLMC.DE is categorized as Europe Equities, while SEC0.DE is Semiconductors. SLMC.DE tracks MSCI Europe ESG Screened, while SEC0.DE tracks MSCI ACWI IMI Semiconductors & Semiconductor Equipment ESG Screened Select Capped. Their fees differ too: 0.12% for SLMC.DE and 0.35% for SEC0.DE.
Find the right allocation for SLMC.DE and SEC0.DE
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