PortfoliosLab logoPortfoliosLab logo

Documentation

Upgrade your plan

iShares Euro Ultrashort Bond UCITS ETF EUR Accumulating (ERNX.DE) Alternatives

ETF · Currency in EUR · Last updated Jun 5, 2026

The iShares Euro Ultrashort Bond UCITS ETF aims to provide investors with exposure to euro-denominated ultrashort-term investment-grade bonds, focusing on liquid corporate debt securities with short maturities, typically under one year, to preserve capital and offer income.

iShares Euro Ultrashort Bond UCITS ETF EUR Accumulating (ERNX.DE) belongs to the Ultrashort Bond category. Below you'll find alternative ETFs from the same category, ranked by key criteria, plus funds that investors commonly compare with ERNX.DE. Use the tables to find lower-cost options, better risk-adjusted returns, or a closer substitute for your current allocation.

Cheapest Alternatives to ERNX.DE

ERNX.DE charges 0.09% annually. There are 3 ETFs in the Ultrashort Bond category with lower expense ratios, going as low as 0.05%.

SymbolNameExpense RatioAUMInception
PR1T.DE
Amundi Prime US Treasury Bond 0-1 Y UCITS ETF DR U...0.05%—Jul 2020ERNX.DE vs PR1T.DE
XT01.DE
Xtrackers US Treasuries Ultrashort Bond UCITS ETF ...0.06%—Sep 2020ERNX.DE vs XT01.DE
BBLL.DE
JPMorgan BetaBuilders US Treasury Bond 0-1 yr UCIT...0.07%—Jul 2019ERNX.DE vs BBLL.DE
IS3M.DE
iShares € Ultrashort Bond UCITS ETF0.09%—Oct 2013ERNX.DE vs IS3M.DE

Best Risk-Adjusted Alternatives to ERNX.DE

ERNX.DE has a PortfoliosLab risk / return rank of 94. No ETFs in the Ultrashort Bond category have higher risk-adjusted ranks; the top alternatives shown here go as high as 93.

SymbolNameRisk / Return RankAUMInception
IS3M.DE
iShares € Ultrashort Bond UCITS ETF
93
—Oct 2013ERNX.DE vs IS3M.DE
XT01.DE
Xtrackers US Treasuries Ultrashort Bond UCITS ETF ...
15
—Sep 2020ERNX.DE vs XT01.DE
PR1T.DE
Amundi Prime US Treasury Bond 0-1 Y UCITS ETF DR U...
15
—Jul 2020ERNX.DE vs PR1T.DE
BBLL.DE
JPMorgan BetaBuilders US Treasury Bond 0-1 yr UCIT...
15
—Jul 2019ERNX.DE vs BBLL.DE

Top Performing ERNX.DE Alternatives (YTD)

ERNX.DE is at 0.87% YTD. There are 4 ETFs in the Ultrashort Bond category with higher YTD returns, going as high as 2.66%.

SymbolNameYTD ReturnAUMInception
BBLL.DE
JPMorgan BetaBuilders US Treasury Bond 0-1 yr UCIT...
2.66%
—Jul 2019ERNX.DE vs BBLL.DE
PR1T.DE
Amundi Prime US Treasury Bond 0-1 Y UCITS ETF DR U...
2.63%
—Jul 2020ERNX.DE vs PR1T.DE
XT01.DE
Xtrackers US Treasuries Ultrashort Bond UCITS ETF ...
2.61%
—Sep 2020ERNX.DE vs XT01.DE
IS3M.DE
iShares € Ultrashort Bond UCITS ETF
0.92%
—Oct 2013ERNX.DE vs IS3M.DE

Lowest Volatility Alternatives to ERNX.DE

ERNX.DE has 0.74% 1-year volatility. No ETFs in the Ultrashort Bond category have lower 1-year volatility; the lowest-volatility alternatives shown here go as low as 0.76%.

SymbolNameVolatility 1YAUMInception
IS3M.DE
iShares € Ultrashort Bond UCITS ETF0.76%—Oct 2013ERNX.DE vs IS3M.DE
XT01.DE
Xtrackers US Treasuries Ultrashort Bond UCITS ETF ...6.04%—Sep 2020ERNX.DE vs XT01.DE
BBLL.DE
JPMorgan BetaBuilders US Treasury Bond 0-1 yr UCIT...6.07%—Jul 2019ERNX.DE vs BBLL.DE
PR1T.DE
Amundi Prime US Treasury Bond 0-1 Y UCITS ETF DR U...6.10%—Jul 2020ERNX.DE vs PR1T.DE

Lowest Drawdown Alternatives to ERNX.DE

ERNX.DE has a 1-year max drawdown of -0.20%. No ETFs in the Ultrashort Bond category have shallower 1-year drawdowns; the lowest-drawdown alternatives shown here go as shallow as -0.30%.

SymbolNameMax Drawdown 1YAUMInception
IS3M.DE
iShares € Ultrashort Bond UCITS ETF
-0.30%
—Oct 2013ERNX.DE vs IS3M.DE
BBLL.DE
JPMorgan BetaBuilders US Treasury Bond 0-1 yr UCIT...
-3.38%
—Jul 2019ERNX.DE vs BBLL.DE
PR1T.DE
Amundi Prime US Treasury Bond 0-1 Y UCITS ETF DR U...
-3.39%
—Jul 2020ERNX.DE vs PR1T.DE
XT01.DE
Xtrackers US Treasuries Ultrashort Bond UCITS ETF ...
-3.40%
—Sep 2020ERNX.DE vs XT01.DE

Other ETFs from iShares

The 10 most viewed iShares ETFs shown here include SXR8.DE, QDVE.DE, SXRV.DE and span 8 categories.

SymbolNameCategoryRisk / Return RankYTD ReturnAUMInception
SXR8.DE
iShares Core S&P 500 UCITS ETF USD (Acc)S&P 500
69
11.37%
—May 2010ERNX.DE vs SXR8.DE
QDVE.DE
iShares S&P 500 Information Technology Sector UCIT...Technology Equities, S&P 500
65
24.06%
—Nov 2015ERNX.DE vs QDVE.DE
SXRV.DE
iShares NASDAQ 100 UCITS ETF USD (Acc)Nasdaq-100
71
20.57%
—Jan 2010ERNX.DE vs SXRV.DE
EUNL.DE
iShares Core MSCI World UCITS ETF USD (Acc)Global Equities
70
10.86%
—Sep 2009ERNX.DE vs EUNL.DE
IUSQ.DE
iShares MSCI ACWI UCITS ETF (Acc)Global Equities
76
12.65%
—Oct 2011ERNX.DE vs IUSQ.DE
SEC0.DE
iShares MSCI Global Semiconductors UCITS ETF USD (...Semiconductors, Technology Equities
97
98.10%
—Aug 2021ERNX.DE vs SEC0.DE
NQSE.DE
iShares NASDAQ 100 UCITS ETFNasdaq-100
66
17.82%
—Jan 2010ERNX.DE vs NQSE.DE
IS3N.DE
iShares Core MSCI Emerging Markets IMI UCITS ETF (...Emerging Markets Equities
82
25.82%
—May 2014ERNX.DE vs IS3N.DE
EUNA.DE
iShares Core Global Aggregate Bond UCITS ETF (EUR ...Global Bonds
14
-0.46%
—Nov 2017ERNX.DE vs EUNA.DE
ISPA.DE
iShares STOXX Global Select Dividend 100 UCITS ETF...Global Equities, Dividend
93
13.48%
—Sep 2009ERNX.DE vs ISPA.DE

Often Compared With ERNX.DE

Investors most often compare ERNX.DE with XEON.DE, LYQ2.DE, CSH2.L. These 20 comparison targets span 15 categories, based on PortfoliosLab usage data.

SymbolNameCategoryRisk / Return RankYTD ReturnAUMInception
XEON.DE
Xtrackers II EUR Overnight Rate Swap UCITS ETF 1CBank Loan
99
0.80%
—May 2007ERNX.DE vs XEON.DE
LYQ2.DE
Amundi Euro Government Bond 1-3Y UCITS ETF AccEuropean Government Bonds
18
0.02%
—Sep 2005ERNX.DE vs LYQ2.DE
CSH2.L
Lyxor Smart Overnight Return UCITS ETF C-GBPMoney Market
99
1.74%
16.89BMar 2015ERNX.DE vs CSH2.L
NKE.DE
Nike Inc
12
-27.40%
——ERNX.DE vs NKE.DE
SGOV
iShares 0-3 Month Treasury Bond ETFUltrashort Bond
100
1.52%
91.90BMay 2020ERNX.DE vs SGOV
VT
Vanguard Total World Stock ETFGlobal Equities
70
12.66%
90.20BJun 2008ERNX.DE vs VT
GCLE.L
Invesco Global Clean Energy UCITS ETF AccEnergy Equities
93
35.86%
229.82MMar 2021ERNX.DE vs GCLE.L
PG
The Procter & Gamble Company
11
-0.32%
——ERNX.DE vs PG
REGB.L
VanEck Rare Earth and Strategic Metals UCITS ETF APrecious Metals
89
31.29%
—Sep 2021ERNX.DE vs REGB.L
URNG.L
Global X Uranium UCITS ETF USD AccumulatingCommodity Producers Equities
37
18.27%
—Apr 2022ERNX.DE vs URNG.L
TER
Teradyne, Inc.
98
110.37%
——ERNX.DE vs TER
GDIG.L
VanEck S&P Global Mining UCITS ETFMaterials
67
17.39%
2.01BApr 2018ERNX.DE vs GDIG.L
NGAS.L
WisdomTree Natural Gas ETFCommodities
4
-7.29%
147.11MSep 2006ERNX.DE vs NGAS.L
COPX
Global X Copper Miners ETFMaterials
77
25.67%
7.99BApr 2010ERNX.DE vs COPX
LIT
Global X Lithium & Battery Tech ETFCommodity Producers Equities
93
28.40%
2.24BJul 2010ERNX.DE vs LIT
EGLN.L
iShares Physical Gold ETCGold, Precious Metals
36
4.83%
31.65BApr 2011ERNX.DE vs EGLN.L
ROBG.L
L&G ROBO Global Robotics and Automation UCITS ETFRobotics, Technology Equities
82
28.02%
1.02BOct 2014ERNX.DE vs ROBG.L
SXLU.L
SPDR S&P US Utilities Select Sector UCITS ETFUtilities Equities
19
1.45%
215.05MJul 2015ERNX.DE vs SXLU.L
XRP-USD
XRP
51
-36.95%
——ERNX.DE vs XRP-USD
MDO.DE
McDonald's Corporation
12
-8.83%
——ERNX.DE vs MDO.DE

Compare ERNX.DE with Any Fund or Stock

Compare ERNX.DE with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.

 

Diversifiers

Pair ERNX.DE with funds that move differently

iShares Euro Ultrashort Bond UCITS ETF EUR Accumulating alternatives help with substitution. Diversifiers are the next step when you want funds with lower historical correlation to ERNX.DE.

Explore ERNX.DE Diversifiers