SYBQ.DE vs. IE3E.DE
SYBQ.DE (SPDR Bloomberg 0-5 Year Sterling Corporate Bond UCITS ETF) and IE3E.DE (iShares EUR Corporate Bond 0-3yr ESG UCITS ETF EUR Acc) are both European Corporate Bonds funds - SYBQ.DE tracks the Bloomberg Sterling Corporate Bond 0-5 while IE3E.DE tracks the Bloomberg MSCI Euro Corporate 0-3 Sustainable SRI. Both are passively managed. Over the past 3 years, SYBQ.DE returned 6.11%/yr vs 3.74%/yr for IE3E.DE. At a 0.36 correlation, their price movements are largely independent. SYBQ.DE charges 0.20%/yr vs 0.12%/yr for IE3E.DE.
Performance
SYBQ.DE vs. IE3E.DE - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, SYBQ.DE achieves a 1.59% return, which is significantly higher than IE3E.DE's 0.48% return.
SYBQ.DE
- 1D
- 0.02%
- 1M
- 0.37%
- YTD
- 1.59%
- 6M
- 2.26%
- 1Y
- 1.88%
- 3Y*
- 6.11%
- 5Y*
- 2.31%
- 10Y*
- 1.36%
IE3E.DE
- 1D
- 0.05%
- 1M
- 0.19%
- YTD
- 0.48%
- 6M
- 0.73%
- 1Y
- 1.92%
- 3Y*
- 3.74%
- 5Y*
- —
- 10Y*
- —
SYBQ.DE vs. IE3E.DE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | |
|---|---|---|---|---|---|
SYBQ.DE SPDR Bloomberg 0-5 Year Sterling Corporate Bond UCITS ETF | 1.59% | 1.45% | 9.71% | 9.39% | -7.02% |
IE3E.DE iShares EUR Corporate Bond 0-3yr ESG UCITS ETF EUR Acc | 0.48% | 3.04% | 4.31% | 4.16% | -1.80% |
Correlation
The correlation between SYBQ.DE and IE3E.DE is 0.30, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.30 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.40 |
Correlation (All Time) Calculated using the full available price history since May 30, 2022 | 0.36 |
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
SYBQ.DE vs. IE3E.DE — Risk / Return Rank
SYBQ.DE
IE3E.DE
SYBQ.DE vs. IE3E.DE - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for SPDR Bloomberg 0-5 Year Sterling Corporate Bond UCITS ETF (SYBQ.DE) and iShares EUR Corporate Bond 0-3yr ESG UCITS ETF EUR Acc (IE3E.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.
| SYBQ.DE | IE3E.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.85 | ||
| Sortino ratioReturn per unit of downside risk | -1.28 | ||
| Omega ratioGain probability vs. loss probability | 1.07 | 1.25 | -0.18 |
| Calmar ratioReturn relative to maximum drawdown | 0.75 | 1.86 | -1.11 |
| Martin ratioReturn relative to average drawdown | 1.64 | 7.32 | -5.67 |
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
| SYBQ.DE | IE3E.DE | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 0.40 | 1.25 | -0.85 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.35 | — | — |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.08 | — | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.08 | 1.57 | -1.48 |
Drawdowns
SYBQ.DE vs. IE3E.DE - Drawdown Comparison
The maximum SYBQ.DE drawdown since its inception was -29.32%, which is greater than IE3E.DE's maximum drawdown of -3.12%. Use the drawdown chart below to compare losses from any high point for SYBQ.DE and IE3E.DE.
Loading charts...
Drawdown Indicators
| SYBQ.DE | IE3E.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -29.32% | -3.12% | -26.20% |
Max Drawdown (1Y)Largest decline over 1 year | -2.51% | -0.98% | -1.53% |
Max Drawdown (3Y)Largest decline over 3 years | -5.48% | -0.98% | -4.50% |
Max Drawdown (5Y)Largest decline over 5 years | -16.50% | — | — |
Max Drawdown (10Y)Largest decline over 10 years | -20.63% | — | — |
Current DrawdownCurrent decline from peak | -0.44% | -0.08% | -0.36% |
Average DrawdownAverage peak-to-trough decline | -9.11% | -0.55% | -8.56% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.15% | 0.25% | +0.90% |
Volatility
SYBQ.DE vs. IE3E.DE - Volatility Comparison
SPDR Bloomberg 0-5 Year Sterling Corporate Bond UCITS ETF (SYBQ.DE) has a higher volatility of 1.77% compared to iShares EUR Corporate Bond 0-3yr ESG UCITS ETF EUR Acc (IE3E.DE) at 0.42%. This indicates that SYBQ.DE's price experiences larger fluctuations and is considered to be riskier than IE3E.DE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| SYBQ.DE | IE3E.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 1.77% | 0.42% | +1.35% |
Volatility (6M)Calculated over the trailing 6-month period | 3.55% | 1.31% | +2.24% |
Volatility (1Y)Calculated over the trailing 1-year period | 4.75% | 1.46% | +3.29% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 6.45% | 1.59% | +4.86% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 17.58% | 1.59% | +15.99% |
SYBQ.DE vs. IE3E.DE - Expense Ratio Comparison
SYBQ.DE has a 0.20% expense ratio, which is higher than IE3E.DE's 0.12% expense ratio. However, both funds are considered low-cost compared to the broader market, where average expense ratios usually range from 0.3% to 0.9%.
Dividends
SYBQ.DE vs. IE3E.DE - Dividend Comparison
SYBQ.DE's dividend yield for the trailing twelve months is around 4.67%, while IE3E.DE has not paid dividends to shareholders.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
IE3E.DE iShares EUR Corporate Bond 0-3yr ESG 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% |
SYBQ.DE SPDR Bloomberg 0-5 Year Sterling Corporate Bond UCITS ETF | 4.67% | 4.72% | 4.31% | 3.04% | 1.88% | 1.71% | 2.04% | 1.84% | 1.92% | 2.48% | 2.57% | 2.58% |
Frequently Asked Questions
SYBQ.DE and IE3E.DE have a correlation of 0.30, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, IE3E.DE is cheaper at 0.12% per year. The better choice depends on whether you care most about return, fees, risk, or income.
IE3E.DE is cheaper with a 0.12% expense ratio, compared with 0.20% for SYBQ.DE.
SYBQ.DE tracks Bloomberg Sterling Corporate Bond 0-5, while IE3E.DE tracks Bloomberg MSCI Euro Corporate 0-3 Sustainable SRI. They also come from different issuers: State Street and iShares. Their fees differ too: 0.20% for SYBQ.DE and 0.12% for IE3E.DE.
Find the right allocation for SYBQ.DE and IE3E.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