CBU2.DE vs. EUNA.DE
CBU2.DE (iShares € Aggregate Bond ESG SRI UCITS ETF EUR (Acc)) and EUNA.DE (iShares Core Global Aggregate Bond UCITS ETF (EUR Hedged) Acc) are both exchange-traded funds - CBU2.DE is a Total Bond Market fund tracking the Bloomberg MSCI Euro Aggregate Sustainable and Green Bond SRI Index, while EUNA.DE is a Global Bonds fund tracking the Bloomberg Global Aggregate Bond (EUR Hedged). Both are passively managed. Over the past 3 years, CBU2.DE returned 3.16%/yr vs 2.34%/yr for EUNA.DE. A 0.71 correlation means they provide meaningful diversification when combined.
Performance
CBU2.DE vs. EUNA.DE - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, CBU2.DE achieves a 1.10% return, which is significantly higher than EUNA.DE's -0.40% return.
CBU2.DE
- 1D
- -0.18%
- 1M
- 0.73%
- 6M
- 1.10%
- YTD
- 1.10%
- 1Y
- 1.10%
- 3Y*
- 3.16%
- 5Y*
- —
- 10Y*
- —
EUNA.DE
- 1D
- -0.20%
- 1M
- 0.41%
- 6M
- 0.20%
- YTD
- -0.40%
- 1Y
- 0.82%
- 3Y*
- 2.34%
- 5Y*
- -1.36%
- 10Y*
- —
CBU2.DE vs. EUNA.DE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | |
|---|---|---|---|---|
CBU2.DE iShares € Aggregate Bond ESG SRI UCITS ETF EUR (Acc) | 1.10% | 0.93% | 2.28% | 7.33% |
EUNA.DE iShares Core Global Aggregate Bond UCITS ETF (EUR Hedged) Acc | -0.40% | 2.91% | 1.48% | 2.60% |
Correlation
The correlation between CBU2.DE and EUNA.DE is 0.72, 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 | 0.72 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.70 |
Correlation (All Time) Calculated using the full available price history since Apr 28, 2023 | 0.71 |
The correlation between CBU2.DE and EUNA.DE has been stable across timeframes, ranging from 0.70 to 0.72 - 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
CBU2.DE vs. EUNA.DE — Risk / Return Rank
CBU2.DE
EUNA.DE
CBU2.DE vs. EUNA.DE - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for iShares € Aggregate Bond ESG SRI UCITS ETF EUR (Acc) (CBU2.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.
| CBU2.DE | EUNA.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.05 | ||
| Sortino ratioReturn per unit of downside risk | +0.09 | ||
| Omega ratioGain probability vs. loss probability | 1.05 | 1.04 | +0.01 |
| Calmar ratioReturn relative to maximum drawdown | 0.36 | 0.29 | +0.07 |
| Martin ratioReturn relative to average drawdown | 0.93 | 0.78 | +0.15 |
Loading charts...
Drawdowns
CBU2.DE vs. EUNA.DE - Drawdown Comparison
The maximum CBU2.DE drawdown since its inception was -3.29%, smaller than the maximum EUNA.DE drawdown of -17.81%. Use the drawdown chart below to compare losses from any high point for CBU2.DE and EUNA.DE.
Loading charts...
Drawdown Indicators
| CBU2.DE | EUNA.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -3.29% | -17.81% | +14.52% |
Max Drawdown (1Y)Largest decline over 1 year | -3.06% | -2.80% | -0.26% |
Max Drawdown (3Y)Largest decline over 3 years | -3.29% | -4.11% | +0.82% |
Max Drawdown (5Y)Largest decline over 5 years | — | -17.04% | — |
Current DrawdownCurrent decline from peak | -0.90% | -8.53% | +7.63% |
Average DrawdownAverage peak-to-trough decline | -1.15% | -6.71% | +5.56% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.18% | 1.05% | +0.13% |
Volatility
CBU2.DE vs. EUNA.DE - Volatility Comparison
iShares € Aggregate Bond ESG SRI UCITS ETF EUR (Acc) (CBU2.DE) and iShares Core Global Aggregate Bond UCITS ETF (EUR Hedged) Acc (EUNA.DE) have volatilities of 0.90% and 0.86%, 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
| CBU2.DE | EUNA.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 0.90% | 0.86% | +0.04% |
Volatility (6M)Calculated over the trailing 6-month period | 3.43% | 2.83% | +0.60% |
Volatility (1Y)Calculated over the trailing 1-year period | 4.07% | 3.73% | +0.34% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 4.86% | 4.84% | +0.02% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 4.86% | 4.44% | +0.42% |
Dividends
CBU2.DE vs. EUNA.DE - Dividend Comparison
Neither CBU2.DE nor EUNA.DE has paid dividends to shareholders.
Frequently Asked Questions
CBU2.DE and EUNA.DE have a correlation of 0.72, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
CBU2.DE is categorized as Total Bond Market, while EUNA.DE is Global Bonds. CBU2.DE tracks Bloomberg MSCI Euro Aggregate Sustainable and Green Bond SRI Index, while EUNA.DE tracks Bloomberg Global Aggregate Bond (EUR Hedged).
Find the right allocation for CBU2.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