ALV.DE vs. EUNA.DE
ALV.DE (Allianz SE) is a stock, while EUNA.DE (iShares Core Global Aggregate Bond UCITS ETF (EUR Hedged) Acc) is Global Bonds fund tracking the Bloomberg Global Aggregate Bond (EUR Hedged). Over the past 5 years, ALV.DE returned 18.04%/yr vs -1.28%/yr for EUNA.DE. At a correlation of -0.02, they often move in opposite directions.
Performance
ALV.DE vs. EUNA.DE - Performance Comparison
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Returns By Period
In the year-to-date period, ALV.DE achieves a 5.73% return, which is significantly higher than EUNA.DE's -0.20% return.
ALV.DE
- 1D
- 2.15%
- 1M
- 5.39%
- YTD
- 5.73%
- 6M
- 7.46%
- 1Y
- 20.86%
- 3Y*
- 29.20%
- 5Y*
- 18.04%
- 10Y*
- 17.19%
EUNA.DE
- 1D
- 0.41%
- 1M
- 1.23%
- YTD
- -0.20%
- 6M
- 0.41%
- 1Y
- 1.44%
- 3Y*
- 2.41%
- 5Y*
- -1.28%
- 10Y*
- —
ALV.DE vs. EUNA.DE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
ALV.DE Allianz SE | 5.73% | 37.66% | 28.79% | 26.98% | 1.90% | 8.15% | -2.29% | 30.31% | -4.70% | -2.54% |
EUNA.DE iShares Core Global Aggregate Bond UCITS ETF (EUR Hedged) Acc | -0.20% | 2.91% | 1.48% | 4.41% | -13.52% | -2.42% | 3.86% | 5.07% | -1.20% | -0.20% |
Correlation
The correlation between ALV.DE and EUNA.DE is 0.23, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.23 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.13 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.07 |
Correlation (All Time) Calculated using the full available price history since Nov 21, 2017 | -0.02 |
The correlation between ALV.DE and EUNA.DE shifts across timeframes, from -0.02 (all time) to 0.23 (1 year), reflecting how their relationship changes across market environments.
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Return for Risk
ALV.DE vs. EUNA.DE — Risk / Return Rank
ALV.DE
EUNA.DE
ALV.DE vs. EUNA.DE - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Allianz SE (ALV.DE) and iShares Core Global Aggregate Bond UCITS ETF (EUR Hedged) Acc (EUNA.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.
| ALV.DE | EUNA.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.70 | ||
| Sortino ratioReturn per unit of downside risk | +0.96 | ||
| Omega ratioGain probability vs. loss probability | 1.20 | 1.07 | +0.13 |
| Calmar ratioReturn relative to maximum drawdown | 1.68 | 0.51 | +1.17 |
| Martin ratioReturn relative to average drawdown | 4.34 | 1.42 | +2.92 |
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Drawdowns
ALV.DE vs. EUNA.DE - Drawdown Comparison
The maximum ALV.DE drawdown since its inception was -72.68%, which is greater than EUNA.DE's maximum drawdown of -17.81%. Use the drawdown chart below to compare losses from any high point for ALV.DE and EUNA.DE.
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Drawdown Indicators
| ALV.DE | EUNA.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -72.68% | -17.81% | -54.87% |
Max Drawdown (1Y)Largest decline over 1 year | -12.35% | -2.80% | -9.55% |
Max Drawdown (3Y)Largest decline over 3 years | -12.35% | -4.11% | -8.24% |
Max Drawdown (5Y)Largest decline over 5 years | -27.52% | -17.04% | -10.48% |
Max Drawdown (10Y)Largest decline over 10 years | -48.71% | — | — |
Current DrawdownCurrent decline from peak | 0.00% | -8.35% | +8.35% |
Average DrawdownAverage peak-to-trough decline | -16.77% | -6.70% | -10.07% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 4.78% | 1.01% | +3.77% |
Volatility
ALV.DE vs. EUNA.DE - Volatility Comparison
Allianz SE (ALV.DE) has a higher volatility of 5.24% compared to iShares Core Global Aggregate Bond UCITS ETF (EUR Hedged) Acc (EUNA.DE) at 1.22%. This indicates that ALV.DE's price experiences larger fluctuations and is considered to be riskier than EUNA.DE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| ALV.DE | EUNA.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 5.24% | 1.22% | +4.02% |
Volatility (6M)Calculated over the trailing 6-month period | 13.87% | 2.95% | +10.92% |
Volatility (1Y)Calculated over the trailing 1-year period | 19.20% | 3.72% | +15.48% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 19.67% | 4.84% | +14.83% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 22.45% | 4.45% | +18.00% |
Dividends
ALV.DE vs. EUNA.DE - Dividend Comparison
ALV.DE's dividend yield for the trailing twelve months is around 4.33%, while EUNA.DE has not paid dividends to shareholders.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
ALV.DE Allianz SE | 4.33% | 3.94% | 4.66% | 4.71% | 5.38% | 4.62% | 4.78% | 4.12% | 4.57% | 3.97% | 4.65% | 4.19% |
EUNA.DE iShares Core Global Aggregate Bond 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
ALV.DE and EUNA.DE have a correlation of 0.23, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
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