2B7B.DE vs. EUNL.DE
2B7B.DE (iShares V PLC - iShares S&P 500 Materials Sector UCITS ETF) and EUNL.DE (iShares Core MSCI World UCITS ETF USD (Acc)) are both exchange-traded funds - 2B7B.DE is a Materials fund tracking the S&P 500 Capped 35/20 Materials Sector Index, while EUNL.DE is a Global Equities fund tracking the MSCI World Index. Both are passively managed. Over the past 5 years, 2B7B.DE returned 5.89%/yr vs 12.89%/yr for EUNL.DE. A 0.74 correlation means they provide meaningful diversification when combined. 2B7B.DE charges 0.15%/yr vs 0.20%/yr for EUNL.DE.
Performance
2B7B.DE vs. EUNL.DE - Performance Comparison
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Returns By Period
In the year-to-date period, 2B7B.DE achieves a 12.98% return, which is significantly higher than EUNL.DE's 10.86% return.
2B7B.DE
- 1D
- -0.32%
- 1M
- -0.26%
- YTD
- 12.98%
- 6M
- 16.62%
- 1Y
- 16.36%
- 3Y*
- 8.06%
- 5Y*
- 5.89%
- 10Y*
- —
EUNL.DE
- 1D
- 0.02%
- 1M
- 4.80%
- YTD
- 10.86%
- 6M
- 11.29%
- 1Y
- 23.80%
- 3Y*
- 17.55%
- 5Y*
- 12.89%
- 10Y*
- 12.82%
2B7B.DE vs. EUNL.DE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
2B7B.DE iShares V PLC - iShares S&P 500 Materials Sector UCITS ETF | 12.98% | -1.07% | 5.24% | 8.58% | -7.10% | 39.56% | 8.41% | 25.77% | -11.22% | 6.42% |
EUNL.DE iShares Core MSCI World UCITS ETF USD (Acc) | 10.86% | 7.90% | 25.93% | 20.13% | -13.59% | 32.71% | 5.48% | 31.34% | -5.13% | 4.36% |
Correlation
The correlation between 2B7B.DE and EUNL.DE is 0.50, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.50 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.60 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.69 |
Correlation (All Time) Calculated using the full available price history since Mar 24, 2017 | 0.74 |
Over the past year, the correlation between 2B7B.DE and EUNL.DE has dropped to 0.50 - well below their long-term average of 0.74, suggesting their price drivers have been diverging.
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Return for Risk
2B7B.DE vs. EUNL.DE — Risk / Return Rank
2B7B.DE
EUNL.DE
2B7B.DE vs. EUNL.DE - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for iShares V PLC - iShares S&P 500 Materials Sector UCITS ETF (2B7B.DE) and iShares Core MSCI World UCITS ETF USD (Acc) (EUNL.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.
| 2B7B.DE | EUNL.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -1.08 | ||
| Sortino ratioReturn per unit of downside risk | -1.43 | ||
| Omega ratioGain probability vs. loss probability | 1.18 | 1.40 | -0.22 |
| Calmar ratioReturn relative to maximum drawdown | 1.58 | 3.64 | -2.06 |
| Martin ratioReturn relative to average drawdown | 4.68 | 14.52 | -9.83 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| 2B7B.DE | EUNL.DE | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.04 | 2.12 | -1.08 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.34 | 0.90 | -0.56 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | — | 0.84 | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.45 | 0.82 | -0.37 |
Drawdowns
2B7B.DE vs. EUNL.DE - Drawdown Comparison
The maximum 2B7B.DE drawdown since its inception was -34.61%, roughly equal to the maximum EUNL.DE drawdown of -33.63%. Use the drawdown chart below to compare losses from any high point for 2B7B.DE and EUNL.DE.
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Drawdown Indicators
| 2B7B.DE | EUNL.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -34.61% | -33.63% | -0.98% |
Max Drawdown (1Y)Largest decline over 1 year | -10.19% | -6.50% | -3.69% |
Max Drawdown (3Y)Largest decline over 3 years | -24.54% | -21.73% | -2.81% |
Max Drawdown (5Y)Largest decline over 5 years | -24.54% | -21.73% | -2.81% |
Max Drawdown (10Y)Largest decline over 10 years | — | -33.63% | — |
Current DrawdownCurrent decline from peak | -2.44% | -0.31% | -2.13% |
Average DrawdownAverage peak-to-trough decline | -6.21% | -4.25% | -1.96% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 3.44% | 1.64% | +1.80% |
Volatility
2B7B.DE vs. EUNL.DE - Volatility Comparison
iShares V PLC - iShares S&P 500 Materials Sector UCITS ETF (2B7B.DE) has a higher volatility of 4.84% compared to iShares Core MSCI World UCITS ETF USD (Acc) (EUNL.DE) at 2.62%. This indicates that 2B7B.DE's price experiences larger fluctuations and is considered to be riskier than EUNL.DE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| 2B7B.DE | EUNL.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 4.84% | 2.62% | +2.22% |
Volatility (6M)Calculated over the trailing 6-month period | 12.31% | 7.72% | +4.59% |
Volatility (1Y)Calculated over the trailing 1-year period | 15.43% | 11.16% | +4.27% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 17.20% | 14.17% | +3.03% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 19.16% | 15.17% | +3.99% |
2B7B.DE vs. EUNL.DE - Expense Ratio Comparison
2B7B.DE has a 0.15% expense ratio, which is lower than EUNL.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
2B7B.DE vs. EUNL.DE - Dividend Comparison
Neither 2B7B.DE nor EUNL.DE has paid dividends to shareholders.
Frequently Asked Questions
2B7B.DE and EUNL.DE have a correlation of 0.50, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, 2B7B.DE is cheaper at 0.15% per year. The better choice depends on whether you care most about return, fees, risk, or income.
2B7B.DE is cheaper with a 0.15% expense ratio, compared with 0.20% for EUNL.DE.
2B7B.DE is categorized as Materials, while EUNL.DE is Global Equities. 2B7B.DE tracks S&P 500 Capped 35/20 Materials Sector Index, while EUNL.DE tracks MSCI World Index. Their fees differ too: 0.15% for 2B7B.DE and 0.20% for EUNL.DE.
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