YCSH.DE vs. SLMG.DE
YCSH.DE (iShares € Cash UCITS ETF EUR Acc) and SLMG.DE (iShares J.P. Morgan ESG USD EM Bond UCITS ETF (EUR Hedged) Acc) are both exchange-traded funds - YCSH.DE is a Money Market fund actively managed by iShares, while SLMG.DE is a Emerging Markets Bonds fund tracking the JP Morgan ESG EMBI Global Diversified (EUR Hedged). YCSH.DE is actively managed, while SLMG.DE is passively managed. Over the past year, YCSH.DE returned 1.97% vs 8.39% for SLMG.DE. At a 0.05 correlation, their price movements are largely independent. YCSH.DE charges 0.10%/yr vs 0.50%/yr for SLMG.DE.
Performance
YCSH.DE vs. SLMG.DE - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, YCSH.DE achieves a 0.84% return, which is significantly higher than SLMG.DE's 0.76% return.
YCSH.DE
- 1D
- 0.01%
- 1M
- 0.17%
- YTD
- 0.84%
- 6M
- 0.99%
- 1Y
- 1.97%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
SLMG.DE
- 1D
- 0.40%
- 1M
- 0.25%
- YTD
- 0.76%
- 6M
- 1.14%
- 1Y
- 8.39%
- 3Y*
- 6.85%
- 5Y*
- -0.86%
- 10Y*
- —
YCSH.DE vs. SLMG.DE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | |
|---|---|---|---|
YCSH.DE iShares € Cash UCITS ETF EUR Acc | 0.84% | 2.26% | 0.27% |
SLMG.DE iShares J.P. Morgan ESG USD EM Bond UCITS ETF (EUR Hedged) Acc | 0.76% | 10.91% | -1.81% |
Correlation
The correlation between YCSH.DE and SLMG.DE is 0.03, meaning there is essentially no relationship between their price movements. Each responds to its own set of market drivers, making them strong candidates for combining in a diversified portfolio.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.03 |
Correlation (All Time) Calculated using the full available price history since Nov 28, 2024 | 0.05 |
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
YCSH.DE vs. SLMG.DE — Risk / Return Rank
YCSH.DE
SLMG.DE
YCSH.DE vs. SLMG.DE - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for iShares € Cash UCITS ETF EUR Acc (YCSH.DE) and iShares J.P. Morgan ESG USD EM Bond UCITS ETF (EUR Hedged) Acc (SLMG.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.
| YCSH.DE | SLMG.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +15.98 | ||
| Sortino ratioReturn per unit of downside risk | +45.92 | ||
| Omega ratioGain probability vs. loss probability | 13.76 | 1.28 | +12.49 |
| Calmar ratioReturn relative to maximum drawdown | 87.60 | 1.70 | +85.90 |
| Martin ratioReturn relative to average drawdown | 771.43 | 6.65 | +764.78 |
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
| YCSH.DE | SLMG.DE | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 17.42 | 1.44 | +15.98 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | — | -0.10 | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 11.33 | -0.01 | +11.34 |
Drawdowns
YCSH.DE vs. SLMG.DE - Drawdown Comparison
The maximum YCSH.DE drawdown since its inception was -0.07%, smaller than the maximum SLMG.DE drawdown of -31.13%. Use the drawdown chart below to compare losses from any high point for YCSH.DE and SLMG.DE.
Loading charts...
Drawdown Indicators
| YCSH.DE | SLMG.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -0.07% | -31.13% | +31.06% |
Max Drawdown (1Y)Largest decline over 1 year | -0.02% | -4.74% | +4.72% |
Max Drawdown (3Y)Largest decline over 3 years | — | -7.88% | — |
Max Drawdown (5Y)Largest decline over 5 years | — | -30.75% | — |
Current DrawdownCurrent decline from peak | 0.00% | -6.55% | +6.55% |
Average DrawdownAverage peak-to-trough decline | -0.00% | -12.84% | +12.84% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 0.00% | 1.21% | -1.21% |
Volatility
YCSH.DE vs. SLMG.DE - Volatility Comparison
The current volatility for iShares € Cash UCITS ETF EUR Acc (YCSH.DE) is 0.04%, while iShares J.P. Morgan ESG USD EM Bond UCITS ETF (EUR Hedged) Acc (SLMG.DE) has a volatility of 1.96%. This indicates that YCSH.DE experiences smaller price fluctuations and is considered to be less risky than SLMG.DE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| YCSH.DE | SLMG.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 0.04% | 1.96% | -1.92% |
Volatility (6M)Calculated over the trailing 6-month period | 0.09% | 4.58% | -4.49% |
Volatility (1Y)Calculated over the trailing 1-year period | 0.11% | 5.61% | -5.50% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 0.20% | 8.36% | -8.16% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 0.20% | 9.69% | -9.49% |
YCSH.DE vs. SLMG.DE - Expense Ratio Comparison
YCSH.DE has a 0.10% expense ratio, which is lower than SLMG.DE's 0.50% expense ratio.
Dividends
YCSH.DE vs. SLMG.DE - Dividend Comparison
Neither YCSH.DE nor SLMG.DE has paid dividends to shareholders.
Frequently Asked Questions
YCSH.DE and SLMG.DE have a correlation of 0.03, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, YCSH.DE is cheaper at 0.10% per year. The better choice depends on whether you care most about return, fees, risk, or income.
YCSH.DE is cheaper with a 0.10% expense ratio, compared with 0.50% for SLMG.DE.
YCSH.DE is categorized as Money Market, while SLMG.DE is Emerging Markets Bonds. Their fees differ too: 0.10% for YCSH.DE and 0.50% for SLMG.DE.
Find the right allocation for YCSH.DE and SLMG.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