APCB vs. EUSB
APCB (ActivePassive Core Bond ETF) and EUSB (iShares ESG Advanced Total USD Bond Market ETF) are both Intermediate Core-Plus Bond funds. APCB is actively managed, while EUSB is passively managed. Over the past 3 years, APCB returned 4.01%/yr vs 4.30%/yr for EUSB. Their correlation of 0.92 suggests significant overlap in exposure. APCB charges 0.36%/yr vs 0.12%/yr for EUSB.
Performance
APCB vs. EUSB - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, APCB achieves a 0.46% return, which is significantly higher than EUSB's 0.28% return.
APCB
- 1D
- -0.17%
- 1M
- 0.68%
- YTD
- 0.46%
- 6M
- 0.76%
- 1Y
- 4.35%
- 3Y*
- 4.01%
- 5Y*
- —
- 10Y*
- —
EUSB
- 1D
- -0.18%
- 1M
- 0.64%
- YTD
- 0.28%
- 6M
- 0.49%
- 1Y
- 4.51%
- 3Y*
- 4.30%
- 5Y*
- 0.31%
- 10Y*
- —
APCB vs. EUSB - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | |
|---|---|---|---|---|
APCB ActivePassive Core Bond ETF | 0.46% | 6.87% | 1.45% | 1.57% |
EUSB iShares ESG Advanced Total USD Bond Market ETF | 0.28% | 7.45% | 1.83% | 2.27% |
Correlation
The correlation between APCB and EUSB is 0.92, indicating a strong positive relationship between their price movements. Combining them offers limited diversification - they tend to fall together during downturns.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.92 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.92 |
Correlation (All Time) Calculated using the full available price history since May 3, 2023 | 0.92 |
The correlation between APCB and EUSB has been stable across timeframes, ranging from 0.92 to 0.92 - a consistent structural relationship.
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
APCB vs. EUSB — Risk / Return Rank
APCB
EUSB
APCB vs. EUSB - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for ActivePassive Core Bond ETF (APCB) and iShares ESG Advanced Total USD Bond Market ETF (EUSB). 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.
| APCB | EUSB | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.01 | ||
| Sortino ratioReturn per unit of downside risk | -0.06 | ||
| Omega ratioGain probability vs. loss probability | 1.23 | 1.23 | 0.00 |
| Calmar ratioReturn relative to maximum drawdown | 1.69 | 1.83 | -0.14 |
| Martin ratioReturn relative to average drawdown | 4.84 | 5.20 | -0.37 |
Loading charts...
Drawdowns
APCB vs. EUSB - Drawdown Comparison
The maximum APCB drawdown since its inception was -6.42%, smaller than the maximum EUSB drawdown of -17.87%. Use the drawdown chart below to compare losses from any high point for APCB and EUSB.
Loading charts...
Drawdown Indicators
| APCB | EUSB | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -6.42% | -17.87% | +11.45% |
Max Drawdown (1Y)Largest decline over 1 year | -2.58% | -2.48% | -0.10% |
Max Drawdown (3Y)Largest decline over 3 years | -5.32% | -5.76% | +0.44% |
Max Drawdown (5Y)Largest decline over 5 years | — | -17.45% | — |
Current DrawdownCurrent decline from peak | -1.24% | -1.22% | -0.02% |
Average DrawdownAverage peak-to-trough decline | -1.51% | -6.45% | +4.94% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 0.90% | 0.87% | +0.03% |
Volatility
APCB vs. EUSB - Volatility Comparison
ActivePassive Core Bond ETF (APCB) and iShares ESG Advanced Total USD Bond Market ETF (EUSB) have volatilities of 1.01% and 0.99%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| APCB | EUSB | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 1.01% | 0.99% | +0.02% |
Volatility (6M)Calculated over the trailing 6-month period | 2.54% | 2.58% | -0.04% |
Volatility (1Y)Calculated over the trailing 1-year period | 3.42% | 3.50% | -0.08% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 4.83% | 5.78% | -0.95% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 4.83% | 5.40% | -0.57% |
APCB vs. EUSB - Expense Ratio Comparison
APCB has a 0.36% expense ratio, which is higher than EUSB's 0.12% expense ratio.
Dividends
APCB vs. EUSB - Dividend Comparison
APCB's dividend yield for the trailing twelve months is around 4.34%, more than EUSB's 3.96% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 |
|---|---|---|---|---|---|---|---|
APCB ActivePassive Core Bond ETF | 4.34% | 4.35% | 4.74% | 2.22% | 0.00% | 0.00% | 0.00% |
EUSB iShares ESG Advanced Total USD Bond Market ETF | 3.96% | 3.84% | 3.67% | 3.08% | 2.21% | 1.10% | 0.57% |
Frequently Asked Questions
With a correlation of 0.92, APCB and EUSB move almost identically. Holding both adds very little diversification - you're essentially doubling your position in the same market segment. Choosing one is usually more capital-efficient.
APCB has higher volatility (1.01%) compared to EUSB (0.99%). In terms of maximum drawdown, APCB dropped -6.42% vs EUSB's -17.87%.
On 3-year performance, EUSB leads with 4.30% vs 4.01% for APCB. On fees, EUSB is cheaper at 0.12% per year. Their volatility is very similar. The better choice depends on whether you care most about return, fees, risk, or income.
Over the 3-year period, EUSB has performed better with a 4.30% return vs 4.01%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.
EUSB is cheaper with a 0.12% expense ratio, compared with 0.36% for APCB.
APCB has the higher dividend yield at 4.34%, compared with 3.96% for EUSB.
They also come from different issuers: ActivePassive and iShares. Their fees differ too: 0.36% for APCB and 0.12% for EUSB.
EUSB currently has the higher Sharpe Ratio (1.29 vs 1.28), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.
Find the right allocation for APCB and EUSB
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