CU31.L vs. EUNA.DE
Compare and contrast key facts about iShares USD Treasury Bond 1-3yr UCITS ETF (Acc) (CU31.L) and iShares Core Global Aggregate Bond UCITS ETF (EUR Hedged) Acc (EUNA.DE).
CU31.L and EUNA.DE are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. CU31.L is a passively managed fund by iShares that tracks the performance of the Bloomberg US Government TR USD. It was launched on Jun 3, 2009. EUNA.DE is a passively managed fund by iShares that tracks the performance of the Bloomberg Global Aggregate Bond (EUR Hedged). It was launched on Nov 21, 2017. Both CU31.L and EUNA.DE are passive ETFs, meaning that they are not actively managed but aim to replicate the performance of the underlying index as closely as possible.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: CU31.L or EUNA.DE.
Key characteristics
| CU31.L | EUNA.DE | |
|---|---|---|
| YTD Return | 3.78% | 1.64% |
| 1Y Return | 3.01% | 6.10% |
| 3Y Return (Ann) | 3.05% | -2.82% |
| 5Y Return (Ann) | 1.56% | -1.47% |
| Sharpe Ratio | 0.05 | 1.33 |
| Sortino Ratio | 0.46 | 1.98 |
| Omega Ratio | 1.18 | 1.24 |
| Calmar Ratio | 0.12 | 0.36 |
| Martin Ratio | 0.15 | 4.88 |
| Ulcer Index | 17.50% | 1.15% |
| Daily Std Dev | 47.15% | 4.23% |
| Max Drawdown | -22.23% | -17.79% |
| Current Drawdown | -18.50% | -10.69% |
Correlation
The correlation between CU31.L and EUNA.DE is 0.29, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.
Performance
CU31.L vs. EUNA.DE - Performance Comparison
In the year-to-date period, CU31.L achieves a 3.78% return, which is significantly higher than EUNA.DE's 1.64% return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
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CU31.L vs. EUNA.DE - Expense Ratio Comparison
CU31.L has a 0.07% expense ratio, which is lower than EUNA.DE's 0.10% expense ratio. Despite the difference, both funds are considered low-cost compared to the broader market, where average expense ratios usually range from 0.3% to 0.9%.
Risk-Adjusted Performance
CU31.L vs. EUNA.DE - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for iShares USD Treasury Bond 1-3yr UCITS ETF (Acc) (CU31.L) 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.
Dividends
CU31.L vs. EUNA.DE - Dividend Comparison
Neither CU31.L nor EUNA.DE has paid dividends to shareholders.
Drawdowns
CU31.L vs. EUNA.DE - Drawdown Comparison
The maximum CU31.L drawdown since its inception was -22.23%, 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 CU31.L and EUNA.DE. For additional features, visit the drawdowns tool.
Volatility
CU31.L vs. EUNA.DE - Volatility Comparison
The current volatility for iShares USD Treasury Bond 1-3yr UCITS ETF (Acc) (CU31.L) is 1.11%, while iShares Core Global Aggregate Bond UCITS ETF (EUR Hedged) Acc (EUNA.DE) has a volatility of 2.99%. This indicates that CU31.L experiences smaller price fluctuations and is considered to be less risky than EUNA.DE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.