TCC4.DE vs. IEXA.DE
TCC4.DE (Amundi Index Euro Corporate SRI UCITS ETF 2 EUR) and IEXA.DE (iShares EUR Corporate Bond ex-Financials UCITS ETF EUR Acc) are both European Corporate Bonds funds - TCC4.DE tracks the Bloomberg MSCI Euro Corporate ESG Sustainability SRI while IEXA.DE tracks the Bloomberg Euro Corporate ex-Financials Bond. Both are passively managed. Over the past 3 years, TCC4.DE returned 4.65%/yr vs 4.16%/yr for IEXA.DE. Their correlation of 0.91 suggests significant overlap in exposure. TCC4.DE charges 0.16%/yr vs 0.20%/yr for IEXA.DE.
Performance
TCC4.DE vs. IEXA.DE - Performance Comparison
Loading charts...
Returns By Period
The year-to-date returns for both investments are quite close, with TCC4.DE having a 1.28% return and IEXA.DE slightly higher at 1.30%.
TCC4.DE
- 1D
- 0.11%
- 1M
- 0.76%
- YTD
- 1.28%
- 6M
- 1.49%
- 1Y
- 2.42%
- 3Y*
- 4.65%
- 5Y*
- 0.11%
- 10Y*
- 0.78%
IEXA.DE
- 1D
- 0.00%
- 1M
- 0.74%
- YTD
- 1.30%
- 6M
- 1.48%
- 1Y
- 2.24%
- 3Y*
- 4.16%
- 5Y*
- —
- 10Y*
- —
TCC4.DE vs. IEXA.DE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | |
|---|---|---|---|---|---|
TCC4.DE Amundi Index Euro Corporate SRI UCITS ETF 2 EUR | 1.28% | 2.94% | 4.15% | 7.07% | -5.46% |
IEXA.DE iShares EUR Corporate Bond ex-Financials UCITS ETF EUR Acc | 1.30% | 2.47% | 3.54% | 7.38% | -5.39% |
Correlation
The correlation between TCC4.DE and IEXA.DE is 0.85, indicating a strong positive relationship between their price movements. Combining them offers limited diversification - they tend to fall together during downturns.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.85 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.89 |
Correlation (All Time) Calculated using the full available price history since May 27, 2022 | 0.91 |
The correlation between TCC4.DE and IEXA.DE has been stable across timeframes, ranging from 0.85 to 0.91 - 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
TCC4.DE vs. IEXA.DE — Risk / Return Rank
TCC4.DE
IEXA.DE
TCC4.DE vs. IEXA.DE - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Amundi Index Euro Corporate SRI UCITS ETF 2 EUR (TCC4.DE) and iShares EUR Corporate Bond ex-Financials UCITS ETF EUR Acc (IEXA.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.
| TCC4.DE | IEXA.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.14 | ||
| Sortino ratioReturn per unit of downside risk | +0.21 | ||
| Omega ratioGain probability vs. loss probability | 1.16 | 1.14 | +0.01 |
| Calmar ratioReturn relative to maximum drawdown | 0.95 | 0.87 | +0.07 |
| Martin ratioReturn relative to average drawdown | 3.12 | 2.79 | +0.33 |
Loading charts...
Drawdowns
TCC4.DE vs. IEXA.DE - Drawdown Comparison
The maximum TCC4.DE drawdown since its inception was -17.21%, which is greater than IEXA.DE's maximum drawdown of -9.06%. Use the drawdown chart below to compare losses from any high point for TCC4.DE and IEXA.DE.
Loading charts...
Drawdown Indicators
| TCC4.DE | IEXA.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -17.21% | -9.06% | -8.15% |
Max Drawdown (1Y)Largest decline over 1 year | -2.55% | -2.56% | +0.01% |
Max Drawdown (3Y)Largest decline over 3 years | -2.55% | -2.56% | +0.01% |
Max Drawdown (5Y)Largest decline over 5 years | -17.12% | — | — |
Max Drawdown (10Y)Largest decline over 10 years | -17.21% | — | — |
Current DrawdownCurrent decline from peak | -1.01% | 0.00% | -1.01% |
Average DrawdownAverage peak-to-trough decline | -2.84% | -2.24% | -0.60% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 0.77% | 0.80% | -0.03% |
Volatility
TCC4.DE vs. IEXA.DE - Volatility Comparison
The current volatility for Amundi Index Euro Corporate SRI UCITS ETF 2 EUR (TCC4.DE) is 0.72%, while iShares EUR Corporate Bond ex-Financials UCITS ETF EUR Acc (IEXA.DE) has a volatility of 0.78%. This indicates that TCC4.DE experiences smaller price fluctuations and is considered to be less risky than IEXA.DE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| TCC4.DE | IEXA.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 0.72% | 0.78% | -0.06% |
Volatility (6M)Calculated over the trailing 6-month period | 2.58% | 2.77% | -0.19% |
Volatility (1Y)Calculated over the trailing 1-year period | 2.91% | 3.26% | -0.35% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 4.35% | 4.77% | -0.42% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 5.29% | 4.77% | +0.52% |
TCC4.DE vs. IEXA.DE - Expense Ratio Comparison
TCC4.DE has a 0.16% expense ratio, which is lower than IEXA.DE's 0.20% expense ratio. Despite the difference, both funds are considered low-cost compared to the broader market, where average expense ratios usually range from 0.3% to 0.9%.
Dividends
TCC4.DE vs. IEXA.DE - Dividend Comparison
Neither TCC4.DE nor IEXA.DE has paid dividends to shareholders.
Frequently Asked Questions
TCC4.DE and IEXA.DE have a correlation of 0.85, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, TCC4.DE is cheaper at 0.16% per year. The better choice depends on whether you care most about return, fees, risk, or income.
TCC4.DE is cheaper with a 0.16% expense ratio, compared with 0.20% for IEXA.DE.
TCC4.DE tracks Bloomberg MSCI Euro Corporate ESG Sustainability SRI, while IEXA.DE tracks Bloomberg Euro Corporate ex-Financials Bond. They also come from different issuers: Amundi and iShares. Their fees differ too: 0.16% for TCC4.DE and 0.20% for IEXA.DE.
Find the right allocation for TCC4.DE and IEXA.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