SNAW.DE vs. IQQI.DE

Last updated Jun 5, 2026

SNAW.DE (iShares MSCI World ESG Screened UCITS ETF USD (Acc)) and IQQI.DE (iShares Global Infrastructure UCITS ETF) are both Global Equities funds from iShares - SNAW.DE tracks the MSCI World ESG Screened while IQQI.DE tracks the FTSE Global Core Infrastructure Index. Both are passively managed. Over the past 5 years, SNAW.DE returned 13.25%/yr vs 6.76%/yr for IQQI.DE. A 0.55 correlation means they provide meaningful diversification when combined. SNAW.DE charges 0.20%/yr vs 0.65%/yr for IQQI.DE.

Performance

SNAW.DE vs. IQQI.DE - Performance Comparison

The chart below illustrates the hypothetical performance of a €10,000 investment in iShares MSCI World ESG Screened UCITS ETF USD (Acc) (SNAW.DE) and iShares Global Infrastructure UCITS ETF (IQQI.DE). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

The year-to-date returns for both stocks are quite close, with SNAW.DE having a 10.75% return and IQQI.DE slightly lower at 10.36%.

SNAW.DE

• 1D: 0.02%
• 1M: 3.93%
• YTD: 10.75%
• 6M: 10.75%
• 1Y: 24.24%
• 3Y*: 18.23%
• 5Y*: 13.25%
• 10Y*: —

IQQI.DE

• 1D: -1.37%
• 1M: -1.18%
• YTD: 10.36%
• 6M: 9.16%
• 1Y: 13.12%
• 3Y*: 8.46%
• 5Y*: 6.76%
• 10Y*: 6.89%

*Multi-year figures are annualized to reflect compound growth (CAGR)

SNAW.DE vs. IQQI.DE - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018
SNAW.DE iShares MSCI World ESG Screened UCITS ETF USD (Acc)	10.75%	7.91%	27.45%	22.43%	-15.24%	33.21%	6.88%	31.54%	-19.97%
IQQI.DE iShares Global Infrastructure UCITS ETF	10.36%	0.54%	14.51%	-3.16%	-0.37%	26.96%	-10.83%	27.76%	-2.97%

Correlation

The correlation between SNAW.DE and IQQI.DE is 0.15, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.15
Correlation (3Y) Calculated over the trailing 3-year period	0.32
Correlation (5Y) Calculated over the trailing 5-year period	0.46
Correlation (All Time) Calculated using the full available price history since Oct 22, 2018	0.55

Over the past year, the correlation between SNAW.DE and IQQI.DE has dropped to 0.15 - well below their long-term average of 0.55, suggesting their price drivers have been diverging.

Return for Risk

SNAW.DE vs. IQQI.DE — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

SNAW.DE

SNAW.DE Risk / Return Rank: 64
SNAW.DE Sharpe Ratio Rank: 63
SNAW.DE Sortino Ratio Rank: 63
SNAW.DE Omega Ratio Rank: 64
SNAW.DE Calmar Ratio Rank: 65
SNAW.DE Martin Ratio Rank: 68

IQQI.DE

IQQI.DE Risk / Return Rank: 38
IQQI.DE Sharpe Ratio Rank: 33
IQQI.DE Sortino Ratio Rank: 34
IQQI.DE Omega Ratio Rank: 30
IQQI.DE Calmar Ratio Rank: 52
IQQI.DE Martin Ratio Rank: 39

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.

SNAW.DE vs. IQQI.DE - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for iShares MSCI World ESG Screened UCITS ETF USD (Acc) (SNAW.DE) and iShares Global Infrastructure UCITS ETF (IQQI.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.

	SNAW.DE	IQQI.DE	Difference
Sharpe ratio: Return per unit of total volatility	2.05	1.17	+0.88
Sortino ratio: Return per unit of downside risk	2.88	1.75	+1.13
Omega ratio: Gain probability vs. loss probability	1.38	1.20	+0.18
Calmar ratio: Return relative to maximum drawdown	3.15	2.55	+0.60
Martin ratio: Return relative to average drawdown	12.49	6.21	+6.27
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

SNAW.DE vs. IQQI.DE - Sharpe Ratio Comparison

The current SNAW.DE Sharpe Ratio is 2.05, which is higher than the IQQI.DE Sharpe Ratio of 1.17. The chart below compares the historical Sharpe Ratios of SNAW.DE and IQQI.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.

Sharpe Ratios by Period

	SNAW.DE	IQQI.DE	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	2.05	1.17	+0.88
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.90	0.53	+0.37
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	—	0.48	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.69	0.33	+0.36

Drawdowns

SNAW.DE vs. IQQI.DE - Drawdown Comparison

The maximum SNAW.DE drawdown since its inception was -33.26%, smaller than the maximum IQQI.DE drawdown of -42.25%. Use the drawdown chart below to compare losses from any high point for SNAW.DE and IQQI.DE.

Drawdown Indicators

	SNAW.DE	IQQI.DE	Difference
Max Drawdown Largest peak-to-trough decline	-33.26%	-42.25%	+8.99%
Max Drawdown (1Y) Largest decline over 1 year	-7.69%	-4.81%	-2.88%
Max Drawdown (3Y) Largest decline over 3 years	-22.37%	-14.76%	-7.61%
Max Drawdown (5Y) Largest decline over 5 years	-22.37%	-24.81%	+2.44%
Max Drawdown (10Y) Largest decline over 10 years	—	-34.15%	—
Current Drawdown Current decline from peak	-0.36%	-3.21%	+2.85%
Average Drawdown Average peak-to-trough decline	-5.44%	-11.06%	+5.62%
Ulcer Index Depth and duration of drawdowns from previous peaks	1.95%	1.98%	-0.03%

Volatility

SNAW.DE vs. IQQI.DE - Volatility Comparison

The current volatility for iShares MSCI World ESG Screened UCITS ETF USD (Acc) (SNAW.DE) is 2.85%, while iShares Global Infrastructure UCITS ETF (IQQI.DE) has a volatility of 3.88%. This indicates that SNAW.DE experiences smaller price fluctuations and is considered to be less risky than IQQI.DE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	SNAW.DE	IQQI.DE	Difference
Volatility (1M) Calculated over the trailing 1-month period	2.85%	3.88%	-1.03%
Volatility (6M) Calculated over the trailing 6-month period	8.34%	8.71%	-0.37%
Volatility (1Y) Calculated over the trailing 1-year period	11.81%	10.48%	+1.33%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	14.57%	12.70%	+1.87%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	17.16%	14.23%	+2.93%

SNAW.DE vs. IQQI.DE - Expense Ratio Comparison

SNAW.DE has a 0.20% expense ratio, which is lower than IQQI.DE's 0.65% expense ratio.

Dividends

SNAW.DE vs. IQQI.DE - Dividend Comparison

SNAW.DE has not paid dividends to shareholders, while IQQI.DE's dividend yield for the trailing twelve months is around 2.09%.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
IQQI.DE iShares Global Infrastructure UCITS ETF	2.09%	2.30%	2.28%	2.42%	2.14%	1.85%	2.25%	2.05%	2.30%	2.76%	2.64%	3.14%
SNAW.DE iShares MSCI World ESG Screened UCITS ETF USD (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

Can I hold both SNAW.DE and IQQI.DE in my portfolio?

SNAW.DE and IQQI.DE have a correlation of 0.15, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, SNAW.DE or IQQI.DE?

On fees, SNAW.DE is cheaper at 0.20% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, SNAW.DE or IQQI.DE?

SNAW.DE is cheaper with a 0.20% expense ratio, compared with 0.65% for IQQI.DE.

What is the main difference between SNAW.DE and IQQI.DE?

SNAW.DE tracks MSCI World ESG Screened, while IQQI.DE tracks FTSE Global Core Infrastructure Index. Their fees differ too: 0.20% for SNAW.DE and 0.65% for IQQI.DE.