UEEG.DE vs. ISPA.DE
UEEG.DE (iShares $ Development Bank Bonds UCITS ETF EUR Hedged (Acc)) and ISPA.DE (iShares STOXX Global Select Dividend 100 UCITS ETF (DE)) are both exchange-traded funds - UEEG.DE is a Government Bonds fund tracking the FTSE World Broad Investment-Grade USD Multilateral Development Bank Bond Capped Index (EUR Hedged), while ISPA.DE is a Global Equities fund tracking the STOXX® Global Select Dividend 100 index. Both are passively managed. Over the past 5 years, UEEG.DE returned -0.91%/yr vs 10.92%/yr for ISPA.DE. At a correlation of -0.01, they often move in opposite directions. UEEG.DE charges 0.18%/yr vs 0.46%/yr for ISPA.DE.
Performance
UEEG.DE vs. ISPA.DE - Performance Comparison
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Returns By Period
In the year-to-date period, UEEG.DE achieves a -0.63% return, which is significantly lower than ISPA.DE's 14.66% return.
UEEG.DE
- 1D
- 0.00%
- 1M
- 0.21%
- 6M
- -0.42%
- YTD
- -0.63%
- 1Y
- 1.29%
- 3Y*
- 2.37%
- 5Y*
- -0.91%
- 10Y*
- —
ISPA.DE
- 1D
- 0.47%
- 1M
- 1.53%
- 6M
- 13.66%
- YTD
- 14.66%
- 1Y
- 28.82%
- 3Y*
- 18.87%
- 5Y*
- 10.92%
- 10Y*
- 8.88%
UEEG.DE vs. ISPA.DE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | |
|---|---|---|---|---|---|---|---|
UEEG.DE iShares $ Development Bank Bonds UCITS ETF EUR Hedged (Acc) | -0.63% | 4.64% | 0.67% | 2.27% | -9.47% | -2.61% | -0.20% |
ISPA.DE iShares STOXX Global Select Dividend 100 UCITS ETF (DE) | 14.66% | 19.72% | 12.97% | 4.78% | -1.91% | 22.80% | 16.85% |
Correlation
The correlation between UEEG.DE and ISPA.DE is 0.12, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.12 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.05 |
Correlation (5Y) Calculated over the trailing 5-year period | -0.00 |
Correlation (All Time) Calculated using the full available price history since Aug 19, 2020 | -0.01 |
The correlation between UEEG.DE and ISPA.DE shifts across timeframes, from -0.01 (all time) to 0.12 (1 year), reflecting how their relationship changes across market environments.
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Return for Risk
UEEG.DE vs. ISPA.DE — Risk / Return Rank
UEEG.DE
ISPA.DE
UEEG.DE vs. ISPA.DE - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for iShares $ Development Bank Bonds UCITS ETF EUR Hedged (Acc) (UEEG.DE) and iShares STOXX Global Select Dividend 100 UCITS ETF (DE) (ISPA.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.
| UEEG.DE | ISPA.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -2.86 | ||
| Sortino ratioReturn per unit of downside risk | -3.93 | ||
| Omega ratioGain probability vs. loss probability | 1.07 | 1.59 | -0.52 |
| Calmar ratioReturn relative to maximum drawdown | 0.56 | 7.87 | -7.32 |
| Martin ratioReturn relative to average drawdown | 1.38 | 28.42 | -27.05 |
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Drawdowns
UEEG.DE vs. ISPA.DE - Drawdown Comparison
The maximum UEEG.DE drawdown since its inception was -13.77%, smaller than the maximum ISPA.DE drawdown of -38.90%. Use the drawdown chart below to compare losses from any high point for UEEG.DE and ISPA.DE.
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Drawdown Indicators
| UEEG.DE | ISPA.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -13.77% | -38.90% | +25.13% |
Max Drawdown (1Y)Largest decline over 1 year | -2.30% | -3.64% | +1.34% |
Max Drawdown (3Y)Largest decline over 3 years | -3.22% | -15.09% | +11.87% |
Max Drawdown (5Y)Largest decline over 5 years | -12.90% | -15.09% | +2.19% |
Max Drawdown (10Y)Largest decline over 10 years | — | -38.90% | — |
Current DrawdownCurrent decline from peak | -5.99% | -0.29% | -5.70% |
Average DrawdownAverage peak-to-trough decline | -7.24% | -4.53% | -2.71% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 0.94% | 1.01% | -0.07% |
Volatility
UEEG.DE vs. ISPA.DE - Volatility Comparison
The current volatility for iShares $ Development Bank Bonds UCITS ETF EUR Hedged (Acc) (UEEG.DE) is 0.95%, while iShares STOXX Global Select Dividend 100 UCITS ETF (DE) (ISPA.DE) has a volatility of 2.36%. This indicates that UEEG.DE experiences smaller price fluctuations and is considered to be less risky than ISPA.DE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| UEEG.DE | ISPA.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 0.95% | 2.36% | -1.41% |
Volatility (6M)Calculated over the trailing 6-month period | 2.81% | 6.87% | -4.06% |
Volatility (1Y)Calculated over the trailing 1-year period | 3.60% | 8.95% | -5.35% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 4.29% | 11.97% | -7.68% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 4.03% | 14.65% | -10.62% |
UEEG.DE vs. ISPA.DE - Expense Ratio Comparison
UEEG.DE has a 0.18% expense ratio, which is lower than ISPA.DE's 0.46% expense ratio.
Dividends
UEEG.DE vs. ISPA.DE - Dividend Comparison
UEEG.DE has not paid dividends to shareholders, while ISPA.DE's dividend yield for the trailing twelve months is around 3.71%.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
ISPA.DE iShares STOXX Global Select Dividend 100 UCITS ETF (DE) | 3.71% | 4.52% | 4.89% | 5.91% | 4.87% | 3.31% | 4.04% | 4.02% | 4.01% | 5.66% | 3.64% | 4.35% |
UEEG.DE iShares $ Development Bank Bonds UCITS ETF EUR Hedged (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
UEEG.DE and ISPA.DE have a correlation of 0.12, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, UEEG.DE is cheaper at 0.18% per year. The better choice depends on whether you care most about return, fees, risk, or income.
UEEG.DE is cheaper with a 0.18% expense ratio, compared with 0.46% for ISPA.DE.
UEEG.DE is categorized as Government Bonds, while ISPA.DE is Global Equities. UEEG.DE tracks FTSE World Broad Investment-Grade USD Multilateral Development Bank Bond Capped Index (EUR Hedged), while ISPA.DE tracks STOXX® Global Select Dividend 100 index. Their fees differ too: 0.18% for UEEG.DE and 0.46% for ISPA.DE.
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