TCBT.DE vs. IG35.DE

Last updated Jun 5, 2026

TCBT.DE (VanEck iBoxx EUR Corporates UCITS ETF) and IG35.DE (iShares iBonds December 2035 Term EUR Corporate UCITS ETF (Acc)) are both European Corporate Bonds funds - TCBT.DE tracks the iBoxx® SD-KPI EUR Liquid Corporates while IG35.DE tracks the Bloomberg MSCI December 2035 Maturity EUR Corporate ESG Screened Index. Both are passively managed. A 0.78 correlation means they provide meaningful diversification when combined. TCBT.DE charges 0.15%/yr vs 0.12%/yr for IG35.DE.

Performance

TCBT.DE vs. IG35.DE - Performance Comparison

The chart below illustrates the hypothetical performance of a €10,000 investment in VanEck iBoxx EUR Corporates UCITS ETF (TCBT.DE) and iShares iBonds December 2035 Term EUR Corporate UCITS ETF (Acc) (IG35.DE). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, TCBT.DE achieves a 0.36% return, which is significantly lower than IG35.DE's 0.90% return.

TCBT.DE

• 1D: -0.09%
• 1M: -0.28%
• YTD: 0.36%
• 6M: 0.13%
• 1Y: 1.72%
• 3Y*: 3.98%
• 5Y*: -0.18%
• 10Y*: —

IG35.DE

• 1D: 0.25%
• 1M: 0.47%
• YTD: 0.90%
• 6M: 0.78%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

TCBT.DE vs. IG35.DE - Yearly Performance Comparison

	2026 (YTD)	2025
TCBT.DE VanEck iBoxx EUR Corporates UCITS ETF	0.36%	-0.53%
IG35.DE iShares iBonds December 2035 Term EUR Corporate UCITS ETF (Acc)	0.90%	-0.54%

Correlation

The correlation between TCBT.DE and IG35.DE is 0.78, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.

	Correlation
Correlation (All Time) Calculated using the full available price history since Oct 15, 2025	0.78

Return for Risk

TCBT.DE vs. IG35.DE — Risk / Return Rank

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

TCBT.DE

TCBT.DE Risk / Return Rank: 13
TCBT.DE Sharpe Ratio Rank: 14
TCBT.DE Sortino Ratio Rank: 12
TCBT.DE Omega Ratio Rank: 13
TCBT.DE Calmar Ratio Rank: 14
TCBT.DE Martin Ratio Rank: 15

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.

TCBT.DE vs. IG35.DE - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for VanEck iBoxx EUR Corporates UCITS ETF (TCBT.DE) and iShares iBonds December 2035 Term EUR Corporate UCITS ETF (Acc) (IG35.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.

	TCBT.DE	IG35.DE	Difference
Sharpe ratio: Return per unit of total volatility	0.30	—	—
Sortino ratio: Return per unit of downside risk	0.47	—	—
Omega ratio: Gain probability vs. loss probability	1.06	—	—
Calmar ratio: Return relative to maximum drawdown	0.40	—	—
Martin ratio: Return relative to average drawdown	1.19	—	—
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

Sharpe Ratios by Period

	TCBT.DE	IG35.DE	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	0.30	—	—
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	-0.04	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.18	0.11	+0.08

Drawdowns

TCBT.DE vs. IG35.DE - Drawdown Comparison

The maximum TCBT.DE drawdown since its inception was -16.90%, which is greater than IG35.DE's maximum drawdown of -4.08%. Use the drawdown chart below to compare losses from any high point for TCBT.DE and IG35.DE.

Drawdown Indicators

	TCBT.DE	IG35.DE	Difference
Max Drawdown Largest peak-to-trough decline	-16.90%	-4.08%	-12.82%
Max Drawdown (1Y) Largest decline over 1 year	-3.39%	—	—
Max Drawdown (3Y) Largest decline over 3 years	-3.39%	—	—
Max Drawdown (5Y) Largest decline over 5 years	-16.88%	—	—
Current Drawdown Current decline from peak	-2.09%	-1.08%	-1.01%
Average Drawdown Average peak-to-trough decline	-5.10%	-1.38%	-3.72%
Ulcer Index Depth and duration of drawdowns from previous peaks	1.13%	—	—

Volatility

Volatility by Period

	TCBT.DE	IG35.DE	Difference
Volatility (1M) Calculated over the trailing 1-month period	1.20%	—	—
Volatility (6M) Calculated over the trailing 6-month period	4.05%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	4.46%	5.22%	-0.76%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	5.18%	5.22%	-0.04%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	5.36%	5.22%	+0.14%

TCBT.DE vs. IG35.DE - Expense Ratio Comparison

TCBT.DE has a 0.15% expense ratio, which is higher than IG35.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

TCBT.DE vs. IG35.DE - Dividend Comparison

TCBT.DE's dividend yield for the trailing twelve months is around 2.67%, while IG35.DE has not paid dividends to shareholders.

Position	TTM	2025	2024	2023	2022	2021	2020	2019
IG35.DE iShares iBonds December 2035 Term EUR Corporate UCITS ETF (Acc)	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
TCBT.DE VanEck iBoxx EUR Corporates UCITS ETF	2.67%	2.45%	2.39%	1.12%	1.39%	0.75%	1.00%	1.07%

Frequently Asked Questions

Can I hold both TCBT.DE and IG35.DE in my portfolio?

TCBT.DE and IG35.DE have a correlation of 0.78, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, TCBT.DE or IG35.DE?

On fees, IG35.DE is cheaper at 0.12% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, TCBT.DE or IG35.DE?

IG35.DE is cheaper with a 0.12% expense ratio, compared with 0.15% for TCBT.DE.

What is the main difference between TCBT.DE and IG35.DE?

TCBT.DE tracks iBoxx® SD-KPI EUR Liquid Corporates, while IG35.DE tracks Bloomberg MSCI December 2035 Maturity EUR Corporate ESG Screened Index. They also come from different issuers: VanEck and iShares. Their fees differ too: 0.15% for TCBT.DE and 0.12% for IG35.DE.