DBK.DE vs. EUNL.DE
DBK.DE (Deutsche Bank Aktiengesellschaft) is a stock, while EUNL.DE (iShares Core MSCI World UCITS ETF USD (Acc)) is Global Equities fund tracking the MSCI World Index. Over the past 10 years, DBK.DE returned 13.68%/yr vs 12.46%/yr for EUNL.DE. A 0.51 correlation means they provide meaningful diversification when combined.
Performance
DBK.DE vs. EUNL.DE - Performance Comparison
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Returns By Period
In the year-to-date period, DBK.DE achieves a -3.46% return, which is significantly lower than EUNL.DE's 11.72% return. Over the past 10 years, DBK.DE has outperformed EUNL.DE with an annualized return of 13.68%, while EUNL.DE has yielded a comparatively lower 12.46% annualized return.
DBK.DE
- 1D
- -2.65%
- 1M
- -0.32%
- 6M
- -4.86%
- YTD
- -3.46%
- 1Y
- 23.13%
- 3Y*
- 50.40%
- 5Y*
- 28.22%
- 10Y*
- 13.68%
EUNL.DE
- 1D
- -1.09%
- 1M
- 0.54%
- 6M
- 8.96%
- YTD
- 11.72%
- 1Y
- 21.76%
- 3Y*
- 17.57%
- 5Y*
- 12.07%
- 10Y*
- 12.46%
DBK.DE vs. EUNL.DE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
DBK.DE Deutsche Bank Aktiengesellschaft | -3.46% | 104.51% | 38.00% | 19.91% | -1.83% | 23.13% | 29.34% | 1.00% | -55.64% | 16.55% |
EUNL.DE iShares Core MSCI World UCITS ETF USD (Acc) | 11.72% | 7.91% | 25.93% | 20.12% | -13.59% | 32.72% | 5.48% | 31.35% | -5.13% | 7.71% |
Correlation
The correlation between DBK.DE and EUNL.DE is 0.56, 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 | 0.56 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.45 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.46 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.47 |
Correlation (All Time) Calculated using the full available price history since Sep 25, 2009 | 0.51 |
The correlation between DBK.DE and EUNL.DE shifts across timeframes, from 0.45 (3 years) to 0.56 (1 year), reflecting how their relationship changes across market environments.
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Return for Risk
DBK.DE vs. EUNL.DE — Risk / Return Rank
DBK.DE
EUNL.DE
DBK.DE vs. EUNL.DE - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Deutsche Bank Aktiengesellschaft (DBK.DE) and iShares Core MSCI World UCITS ETF USD (Acc) (EUNL.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.
| DBK.DE | EUNL.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -1.25 | ||
| Sortino ratioReturn per unit of downside risk | -1.50 | ||
| Omega ratioGain probability vs. loss probability | 1.15 | 1.36 | -0.21 |
| Calmar ratioReturn relative to maximum drawdown | 0.86 | 3.48 | -2.62 |
| Martin ratioReturn relative to average drawdown | 1.99 | 14.04 | -12.06 |
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Drawdowns
DBK.DE vs. EUNL.DE - Drawdown Comparison
The maximum DBK.DE drawdown since its inception was -89.32%, which is greater than EUNL.DE's maximum drawdown of -33.63%. Use the drawdown chart below to compare losses from any high point for DBK.DE and EUNL.DE.
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Drawdown Indicators
| DBK.DE | EUNL.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -89.32% | -33.63% | -55.69% |
Max Drawdown (1Y)Largest decline over 1 year | -26.81% | -6.22% | -20.59% |
Max Drawdown (3Y)Largest decline over 3 years | -26.81% | -21.73% | -5.08% |
Max Drawdown (5Y)Largest decline over 5 years | -46.38% | -21.73% | -24.65% |
Max Drawdown (10Y)Largest decline over 10 years | -71.22% | -33.63% | -37.59% |
Current DrawdownCurrent decline from peak | -22.47% | -1.16% | -21.31% |
Average DrawdownAverage peak-to-trough decline | -59.20% | -4.20% | -55.00% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 11.61% | 1.55% | +10.06% |
Volatility
DBK.DE vs. EUNL.DE - Volatility Comparison
Deutsche Bank Aktiengesellschaft (DBK.DE) has a higher volatility of 9.91% compared to iShares Core MSCI World UCITS ETF USD (Acc) (EUNL.DE) at 2.70%. This indicates that DBK.DE's price experiences larger fluctuations and is considered to be riskier than EUNL.DE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| DBK.DE | EUNL.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 9.91% | 2.70% | +7.21% |
Volatility (6M)Calculated over the trailing 6-month period | 25.64% | 7.96% | +17.68% |
Volatility (1Y)Calculated over the trailing 1-year period | 32.79% | 11.28% | +21.51% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 35.63% | 14.18% | +21.45% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 38.30% | 15.11% | +23.19% |
Dividends
DBK.DE vs. EUNL.DE - Dividend Comparison
DBK.DE's dividend yield for the trailing twelve months is around 3.24%, while EUNL.DE has not paid dividends to shareholders.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
DBK.DE Deutsche Bank Aktiengesellschaft | 3.24% | 2.05% | 2.33% | 2.09% | 1.89% | 0.00% | 0.00% | 1.59% | 1.58% | 1.03% | 0.00% | 3.73% |
EUNL.DE iShares Core MSCI World UCITS ETF USD (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% |
Frequently Asked Questions
DBK.DE and EUNL.DE have a correlation of 0.56, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
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