PortfoliosLab logoPortfoliosLab logo

Documentation

Upgrade your plan
CBU2.DE vs. EUNX.DE
Performance
Return for Risk
Drawdowns
Volatility
Dividends

CBU2.DE vs. EUNX.DE

Last updated Jul 18, 2026
Documentation

CBU2.DE (iShares € Aggregate Bond ESG SRI UCITS ETF EUR (Acc)) and EUNX.DE (iShares US Aggregate Bond UCITS ETF USD (Dist)) are both Total Bond Market funds from iShares - CBU2.DE tracks the Bloomberg MSCI Euro Aggregate Sustainable and Green Bond SRI Index while EUNX.DE tracks the Bloomberg US Aggregate Bond Index. Both are passively managed. Over the past 3 years, CBU2.DE returned 2.51%/yr vs 2.91%/yr for EUNX.DE. At a 0.36 correlation, their price movements are largely independent.

Performance

CBU2.DE vs. EUNX.DE - Performance Comparison

The chart below illustrates the hypothetical performance of a €10,000 investment in iShares € Aggregate Bond ESG SRI UCITS ETF EUR (Acc) (CBU2.DE) and iShares US Aggregate Bond UCITS ETF USD (Dist) (EUNX.DE). The values are adjusted to include any dividend payments, if applicable.

Loading charts...

Returns By Period

CBU2.DE

1D
0.00%
1M
-1.09%
6M
-0.73%
YTD
-0.00%
1Y
0.18%
3Y*
2.51%
5Y*
—
10Y*
—

EUNX.DE

1D
0.26%
1M
0.82%
6M
1.32%
YTD
2.85%
1Y
5.46%
3Y*
2.91%
5Y*
0.30%
10Y*
0.83%
*Multi-year figures are annualized to reflect compound growth (CAGR)

CBU2.DE vs. EUNX.DE - Yearly Performance Comparison

2026 (YTD)202520242023
CBU2.DE
iShares € Aggregate Bond ESG SRI UCITS ETF EUR (Acc)		-0.00%0.93%2.28%7.33%
EUNX.DE
iShares US Aggregate Bond UCITS ETF USD (Dist)		2.85%-4.75%6.89%1.68%

Correlation

The correlation between CBU2.DE and EUNX.DE is 0.11, which is low. Their price movements are largely independent, making them effective diversification partners.

Correlation
Correlation (1Y)
Calculated over the trailing 1-year period

0.11

Correlation (3Y)
Calculated over the trailing 3-year period

0.34

Correlation (All Time)
Calculated using the full available price history since Apr 28, 2023

0.36

Over the past year, the correlation between CBU2.DE and EUNX.DE has dropped to 0.11 - well below their long-term average of 0.36, suggesting their price drivers have been diverging.

Compare stocks, funds, or ETFs

Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.

iShares € Aggregate Bond ESG SRI UCITS ETF EUR (Acc)

iShares US Aggregate Bond UCITS ETF USD (Dist)

Often compared with CBU2.DE:
CBU2.DE vs. SYBU.DECBU2.DE vs. SYBA.DECBU2.DE vs. SXRV.DECBU2.DE vs. 9E0E.DECBU2.DE vs. EUN4.DECBU2.DE vs. NQSE.DECBU2.DE vs. EUNA.DE
Often compared with EUNX.DE:
EUNX.DE vs. SYBA.DEEUNX.DE vs. SYBU.DEEUNX.DE vs. 9E0E.DEEUNX.DE vs. EUN4.DEEUNX.DE vs. NQSE.DEEUNX.DE vs. IS3N.DEEUNX.DE vs. EUNL.DE

Return for Risk

CBU2.DE vs. EUNX.DE — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.
CBU2.DE
CBU2.DE Risk / Return Rank: 1111
Overall Rank
CBU2.DE Sharpe Ratio Rank: 1111
Sharpe Ratio Rank
CBU2.DE Sortino Ratio Rank: 1010
Sortino Ratio Rank
CBU2.DE Omega Ratio Rank: 1010
Omega Ratio Rank
CBU2.DE Calmar Ratio Rank: 1111
Calmar Ratio Rank
CBU2.DE Martin Ratio Rank: 1111
Martin Ratio Rank
EUNX.DE
EUNX.DE Risk / Return Rank: 3636
Overall Rank
EUNX.DE Sharpe Ratio Rank: 3636
Sharpe Ratio Rank
EUNX.DE Sortino Ratio Rank: 3737
Sortino Ratio Rank
EUNX.DE Omega Ratio Rank: 3434
Omega Ratio Rank
EUNX.DE Calmar Ratio Rank: 4040
Calmar Ratio Rank
EUNX.DE Martin Ratio Rank: 3636
Martin Ratio Rank
The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

CBU2.DE vs. EUNX.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 US Aggregate Bond UCITS ETF USD (Dist) (EUNX.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.DEEUNX.DEDifference
Sharpe ratioReturn per unit of total volatility
0.04
1.01

-0.97

Sortino ratioReturn per unit of downside risk
0.09
1.54

-1.44

Omega ratioGain probability vs. loss probability

1.01

1.18

-0.17

Calmar ratioReturn relative to maximum drawdown

0.06

1.57

-1.51

Martin ratioReturn relative to average drawdown

0.15

4.09

-3.94

CBU2.DE vs. EUNX.DE - Sharpe Ratio Comparison

The current CBU2.DE Sharpe Ratio is 0.04, which is lower than the EUNX.DE Sharpe Ratio of 1.01. The chart below compares the historical Sharpe Ratios of CBU2.DE and EUNX.DE, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Loading charts...

Drawdowns

CBU2.DE vs. EUNX.DE - Drawdown Comparison

The maximum CBU2.DE drawdown since its inception was -3.29%, smaller than the maximum EUNX.DE drawdown of -15.72%. Use the drawdown chart below to compare losses from any high point for CBU2.DE and EUNX.DE.

Loading charts...

Drawdown Indicators

CBU2.DEEUNX.DEDifference

Max Drawdown

Largest peak-to-trough decline

-3.29%

-15.72%

+12.43%

Max Drawdown (1Y)

Largest decline over 1 year

-3.06%

-3.46%

+0.40%

Max Drawdown (3Y)

Largest decline over 3 years

-3.29%

-10.97%

+7.68%

Max Drawdown (5Y)

Largest decline over 5 years

—

-12.69%

—

Max Drawdown (10Y)

Largest decline over 10 years

—

-15.72%

—

Current Drawdown

Current decline from peak

-1.98%

-6.50%

+4.52%

Average Drawdown

Average peak-to-trough decline

-1.15%

-6.91%

+5.76%

Ulcer Index

Depth and duration of drawdowns from previous peaks

1.22%

1.33%

-0.11%

Volatility

CBU2.DE vs. EUNX.DE - Volatility Comparison

The current volatility for iShares € Aggregate Bond ESG SRI UCITS ETF EUR (Acc) (CBU2.DE) is 0.96%, while iShares US Aggregate Bond UCITS ETF USD (Dist) (EUNX.DE) has a volatility of 1.26%. This indicates that CBU2.DE experiences smaller price fluctuations and is considered to be less risky than EUNX.DE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Loading charts...

Volatility by Period

CBU2.DEEUNX.DEDifference

Volatility (1M)

Calculated over the trailing 1-month period

0.96%

1.26%

-0.30%

Volatility (6M)

Calculated over the trailing 6-month period

3.49%

3.80%

-0.31%

Volatility (1Y)

Calculated over the trailing 1-year period

4.12%

5.51%

-1.39%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

4.85%

7.85%

-3.00%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

4.85%

7.44%

-2.59%

Dividends

CBU2.DE vs. EUNX.DE - Dividend Comparison

CBU2.DE has not paid dividends to shareholders, while EUNX.DE's dividend yield for the trailing twelve months is around 3.84%.

PositionTTM20252024202320222021202020192018201720162015
CBU2.DE
iShares € Aggregate Bond ESG SRI UCITS ETF EUR (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%
EUNX.DE
iShares US Aggregate Bond UCITS ETF USD (Dist)		3.84%3.84%3.54%3.08%2.18%1.65%2.24%2.67%2.43%2.16%1.63%1.60%

Frequently Asked Questions

CBU2.DE and EUNX.DE have a correlation of 0.11, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

CBU2.DE tracks Bloomberg MSCI Euro Aggregate Sustainable and Green Bond SRI Index, while EUNX.DE tracks Bloomberg US Aggregate Bond Index.

Portfolio Optimizer

Find the right allocation for CBU2.DE and EUNX.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