AYEP.DE vs. EUNA.DE
AYEP.DE (iShares Asia Property Yield UCITS ETF USD Acc) and EUNA.DE (iShares Core Global Aggregate Bond UCITS ETF (EUR Hedged) Acc) are both exchange-traded funds - AYEP.DE is a REIT fund tracking the FTSE EPRA/NAREIT Developed Asia Dividend+, while EUNA.DE is a Global Bonds fund tracking the Bloomberg Global Aggregate Bond (EUR Hedged). Both are passively managed. Over the past 5 years, AYEP.DE returned -1.21%/yr vs -1.29%/yr for EUNA.DE. At a 0.10 correlation, their price movements are largely independent. AYEP.DE charges 0.59%/yr vs 0.10%/yr for EUNA.DE.
Performance
AYEP.DE vs. EUNA.DE - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, AYEP.DE achieves a -5.35% return, which is significantly lower than EUNA.DE's -0.46% return.
AYEP.DE
- 1D
- -0.02%
- 1M
- -6.11%
- YTD
- -5.35%
- 6M
- -4.80%
- 1Y
- 4.48%
- 3Y*
- 0.62%
- 5Y*
- -1.21%
- 10Y*
- —
EUNA.DE
- 1D
- 0.22%
- 1M
- 0.18%
- YTD
- -0.46%
- 6M
- -0.29%
- 1Y
- 1.18%
- 3Y*
- 2.28%
- 5Y*
- -1.29%
- 10Y*
- —
AYEP.DE vs. EUNA.DE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | |
|---|---|---|---|---|---|---|---|---|---|
AYEP.DE iShares Asia Property Yield UCITS ETF USD Acc | -5.35% | 15.89% | -4.24% | -5.46% | -7.48% | 13.37% | -16.64% | 19.27% | -2.92% |
EUNA.DE iShares Core Global Aggregate Bond UCITS ETF (EUR Hedged) Acc | -0.46% | 2.79% | 1.60% | 4.36% | -13.52% | -2.37% | 3.70% | 5.06% | 0.45% |
Correlation
The correlation between AYEP.DE and EUNA.DE is 0.33, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.33 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.29 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.22 |
Correlation (All Time) Calculated using the full available price history since Dec 17, 2018 | 0.10 |
Over the past year, AYEP.DE and EUNA.DE have become more correlated (0.33) than their long-term average of 0.10, meaning their price movements have been converging.
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
AYEP.DE vs. EUNA.DE — Risk / Return Rank
AYEP.DE
EUNA.DE
AYEP.DE vs. EUNA.DE - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for iShares Asia Property Yield UCITS ETF USD Acc (AYEP.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.
| AYEP.DE | EUNA.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.07 | ||
| Sortino ratioReturn per unit of downside risk | +0.16 | ||
| Omega ratioGain probability vs. loss probability | 1.08 | 1.06 | +0.02 |
| Calmar ratioReturn relative to maximum drawdown | 0.36 | 0.43 | -0.06 |
| Martin ratioReturn relative to average drawdown | 1.10 | 1.18 | -0.08 |
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
| AYEP.DE | EUNA.DE | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 0.41 | 0.34 | +0.07 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | -0.10 | -0.28 | +0.17 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.00 | -0.05 | +0.06 |
Drawdowns
AYEP.DE vs. EUNA.DE - Drawdown Comparison
The maximum AYEP.DE drawdown since its inception was -38.46%, which is greater than EUNA.DE's maximum drawdown of -17.79%. Use the drawdown chart below to compare losses from any high point for AYEP.DE and EUNA.DE.
Loading charts...
Drawdown Indicators
| AYEP.DE | EUNA.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -38.46% | -17.79% | -20.67% |
Max Drawdown (1Y)Largest decline over 1 year | -12.31% | -2.75% | -9.56% |
Max Drawdown (3Y)Largest decline over 3 years | -12.31% | -4.02% | -8.29% |
Max Drawdown (5Y)Largest decline over 5 years | -22.65% | -17.03% | -5.62% |
Current DrawdownCurrent decline from peak | -16.71% | -8.66% | -8.05% |
Average DrawdownAverage peak-to-trough decline | -15.03% | -6.76% | -8.27% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 4.07% | 0.99% | +3.08% |
Volatility
AYEP.DE vs. EUNA.DE - Volatility Comparison
iShares Asia Property Yield UCITS ETF USD Acc (AYEP.DE) has a higher volatility of 2.79% compared to iShares Core Global Aggregate Bond UCITS ETF (EUR Hedged) Acc (EUNA.DE) at 1.35%. This indicates that AYEP.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.
Loading charts...
Volatility by Period
| AYEP.DE | EUNA.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 2.79% | 1.35% | +1.44% |
Volatility (6M)Calculated over the trailing 6-month period | 8.31% | 2.82% | +5.49% |
Volatility (1Y)Calculated over the trailing 1-year period | 10.94% | 3.46% | +7.48% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 11.71% | 4.64% | +7.07% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 15.43% | 4.27% | +11.16% |
AYEP.DE vs. EUNA.DE - Expense Ratio Comparison
AYEP.DE has a 0.59% expense ratio, which is higher than EUNA.DE's 0.10% expense ratio.
Dividends
AYEP.DE vs. EUNA.DE - Dividend Comparison
Neither AYEP.DE nor EUNA.DE has paid dividends to shareholders.
Frequently Asked Questions
AYEP.DE and EUNA.DE have a correlation of 0.33, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, EUNA.DE is cheaper at 0.10% per year. The better choice depends on whether you care most about return, fees, risk, or income.
EUNA.DE is cheaper with a 0.10% expense ratio, compared with 0.59% for AYEP.DE.
AYEP.DE is categorized as REIT, while EUNA.DE is Global Bonds. AYEP.DE tracks FTSE EPRA/NAREIT Developed Asia Dividend+, while EUNA.DE tracks Bloomberg Global Aggregate Bond (EUR Hedged). Their fees differ too: 0.59% for AYEP.DE and 0.10% for EUNA.DE.
Find the right allocation for AYEP.DE and EUNA.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