VOO vs. ICGA.DE
VOO (Vanguard S&P 500 ETF) and ICGA.DE (iShares MSCI China UCITS ETF USD Acc) are both exchange-traded funds - VOO is a S&P 500 fund tracking the S&P 500 Index, while ICGA.DE is a China Equities fund tracking the MSCI China. Both are passively managed. Over the past 5 years, VOO returned 13.93%/yr vs -4.57%/yr for ICGA.DE. At a 0.34 correlation, their price movements are largely independent. VOO charges 0.03%/yr vs 0.28%/yr for ICGA.DE.
Performance
VOO vs. ICGA.DE - Performance Comparison
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Different Trading Currencies
VOO is traded in USD, while ICGA.DE is traded in EUR. To make them comparable, the ICGA.DE values have been converted to USD using the latest available exchange rates.
Returns By Period
In the year-to-date period, VOO achieves a 10.99% return, which is significantly higher than ICGA.DE's -8.44% return.
VOO
- 1D
- 1.74%
- 1M
- 2.12%
- YTD
- 10.99%
- 6M
- 11.51%
- 1Y
- 27.95%
- 3Y*
- 21.25%
- 5Y*
- 13.93%
- 10Y*
- 15.72%
ICGA.DE
- 1D
- 1.26%
- 1M
- -2.47%
- YTD
- -8.44%
- 6M
- -7.96%
- 1Y
- 3.54%
- 3Y*
- 8.12%
- 5Y*
- -4.57%
- 10Y*
- —
VOO vs. ICGA.DE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | |
|---|---|---|---|---|---|---|---|---|
VOO Vanguard S&P 500 ETF | 10.99% | 17.82% | 24.98% | 26.32% | -18.17% | 28.79% | 18.32% | 10.75% |
ICGA.DE iShares MSCI China UCITS ETF USD Acc | -8.44% | 31.63% | 20.04% | -12.18% | -19.75% | -23.86% | 26.61% | 12.51% |
Correlation
The correlation between VOO and ICGA.DE is 0.39, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.39 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.30 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.30 |
Correlation (All Time) Calculated using the full available price history since Jun 25, 2019 | 0.34 |
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Return for Risk
VOO vs. ICGA.DE — Risk / Return Rank
VOO
ICGA.DE
VOO vs. ICGA.DE - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Vanguard S&P 500 ETF (VOO) and iShares MSCI China UCITS ETF USD Acc (ICGA.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.
| VOO | ICGA.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +2.10 | ||
| Sortino ratioReturn per unit of downside risk | +2.67 | ||
| Omega ratioGain probability vs. loss probability | 1.42 | 1.05 | +0.37 |
| Calmar ratioReturn relative to maximum drawdown | 3.15 | 0.19 | +2.96 |
| Martin ratioReturn relative to average drawdown | 14.25 | 0.40 | +13.85 |
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Drawdowns
VOO vs. ICGA.DE - Drawdown Comparison
The maximum VOO drawdown since its inception was -33.99%, smaller than the maximum ICGA.DE drawdown of -62.74%. Use the drawdown chart below to compare losses from any high point for VOO and ICGA.DE.
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Drawdown Indicators
| VOO | ICGA.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -33.99% | -62.74% | +28.75% |
Max Drawdown (1Y)Largest decline over 1 year | -8.90% | -18.47% | +9.57% |
Max Drawdown (3Y)Largest decline over 3 years | -18.69% | -25.08% | +6.39% |
Max Drawdown (5Y)Largest decline over 5 years | -24.52% | -56.41% | +31.89% |
Max Drawdown (10Y)Largest decline over 10 years | -33.99% | — | — |
Current DrawdownCurrent decline from peak | -0.63% | -35.79% | +35.16% |
Average DrawdownAverage peak-to-trough decline | -3.68% | -32.69% | +29.01% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.97% | 8.78% | -6.81% |
Volatility
VOO vs. ICGA.DE - Volatility Comparison
The current volatility for Vanguard S&P 500 ETF (VOO) is 4.61%, while iShares MSCI China UCITS ETF USD Acc (ICGA.DE) has a volatility of 6.23%. This indicates that VOO experiences smaller price fluctuations and is considered to be less risky than ICGA.DE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| VOO | ICGA.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 4.61% | 6.23% | -1.62% |
Volatility (6M)Calculated over the trailing 6-month period | 9.72% | 14.63% | -4.91% |
Volatility (1Y)Calculated over the trailing 1-year period | 12.34% | 19.63% | -7.29% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 16.90% | 29.31% | -12.41% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 18.05% | 28.24% | -10.19% |
VOO vs. ICGA.DE - Expense Ratio Comparison
VOO has a 0.03% expense ratio, which is lower than ICGA.DE's 0.28% expense ratio.
Dividends
VOO vs. ICGA.DE - Dividend Comparison
VOO's dividend yield for the trailing twelve months is around 1.03%, while ICGA.DE has not paid dividends to shareholders.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
ICGA.DE iShares MSCI China 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% |
VOO Vanguard S&P 500 ETF | 1.03% | 1.13% | 1.24% | 1.46% | 1.69% | 1.25% | 1.54% | 1.88% | 2.06% | 1.78% | 2.02% | 2.10% |
Frequently Asked Questions
VOO and ICGA.DE have a correlation of 0.39, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, VOO is cheaper at 0.03% per year. The better choice depends on whether you care most about return, fees, risk, or income.
VOO is cheaper with a 0.03% expense ratio, compared with 0.28% for ICGA.DE.
VOO is categorized as S&P 500, while ICGA.DE is China Equities. VOO tracks S&P 500 Index, while ICGA.DE tracks MSCI China. They also come from different issuers: Vanguard and iShares. Their fees differ too: 0.03% for VOO and 0.28% for ICGA.DE.
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