E0UA.DE vs. SXR8.DE
E0UA.DE (iShares Euro Government Bond 0-3 Month UCITS ETF EUR (Acc)) and SXR8.DE (iShares Core S&P 500 UCITS ETF USD (Acc)) are both exchange-traded funds - E0UA.DE is a Money Market fund tracking the ICE 0-3 Month Euro Government Bill Index, while SXR8.DE is a S&P 500 fund tracking the S&P 500 Index. Both are passively managed. Over the past year, E0UA.DE returned 1.93% vs 25.54% for SXR8.DE. At a 0.06 correlation, their price movements are largely independent. Both charge a 0.07% expense ratio.
Performance
E0UA.DE vs. SXR8.DE - Performance Comparison
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Returns By Period
In the year-to-date period, E0UA.DE achieves a 0.81% return, which is significantly lower than SXR8.DE's 11.37% return.
E0UA.DE
- 1D
- -0.00%
- 1M
- 0.17%
- YTD
- 0.81%
- 6M
- 0.97%
- 1Y
- 1.93%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
SXR8.DE
- 1D
- -0.15%
- 1M
- 4.36%
- YTD
- 11.37%
- 6M
- 10.83%
- 1Y
- 25.54%
- 3Y*
- 18.87%
- 5Y*
- 14.77%
- 10Y*
- 14.95%
E0UA.DE vs. SXR8.DE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | |
|---|---|---|---|
E0UA.DE iShares Euro Government Bond 0-3 Month UCITS ETF EUR (Acc) | 0.81% | 2.15% | 0.22% |
SXR8.DE iShares Core S&P 500 UCITS ETF USD (Acc) | 11.37% | 4.73% | -0.84% |
Correlation
The correlation between E0UA.DE and SXR8.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 (All Time) Calculated using the full available price history since Dec 2, 2024 | 0.06 |
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Return for Risk
E0UA.DE vs. SXR8.DE — Risk / Return Rank
E0UA.DE
SXR8.DE
E0UA.DE vs. SXR8.DE - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for iShares Euro Government Bond 0-3 Month UCITS ETF EUR (Acc) (E0UA.DE) and iShares Core S&P 500 UCITS ETF USD (Acc) (SXR8.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.
| E0UA.DE | SXR8.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +1.05 | ||
| Sortino ratioReturn per unit of downside risk | +2.28 | ||
| Omega ratioGain probability vs. loss probability | 2.36 | 1.41 | +0.95 |
| Calmar ratioReturn relative to maximum drawdown | 8.87 | 3.58 | +5.29 |
| Martin ratioReturn relative to average drawdown | 30.01 | 12.71 | +17.30 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| E0UA.DE | SXR8.DE | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 3.26 | 2.21 | +1.05 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | — | 0.96 | — |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | — | 0.92 | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 3.87 | 0.79 | +3.08 |
Drawdowns
E0UA.DE vs. SXR8.DE - Drawdown Comparison
The maximum E0UA.DE drawdown since its inception was -0.22%, smaller than the maximum SXR8.DE drawdown of -33.78%. Use the drawdown chart below to compare losses from any high point for E0UA.DE and SXR8.DE.
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Drawdown Indicators
| E0UA.DE | SXR8.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -0.22% | -33.78% | +33.56% |
Max Drawdown (1Y)Largest decline over 1 year | -0.22% | -7.13% | +6.91% |
Max Drawdown (3Y)Largest decline over 3 years | — | -23.32% | — |
Max Drawdown (5Y)Largest decline over 5 years | — | -23.32% | — |
Max Drawdown (10Y)Largest decline over 10 years | — | -33.78% | — |
Current DrawdownCurrent decline from peak | -0.15% | -0.45% | +0.30% |
Average DrawdownAverage peak-to-trough decline | -0.03% | -5.17% | +5.14% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 0.06% | 2.01% | -1.95% |
Volatility
E0UA.DE vs. SXR8.DE - Volatility Comparison
The current volatility for iShares Euro Government Bond 0-3 Month UCITS ETF EUR (Acc) (E0UA.DE) is 0.33%, while iShares Core S&P 500 UCITS ETF USD (Acc) (SXR8.DE) has a volatility of 2.65%. This indicates that E0UA.DE experiences smaller price fluctuations and is considered to be less risky than SXR8.DE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| E0UA.DE | SXR8.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 0.33% | 2.65% | -2.32% |
Volatility (6M)Calculated over the trailing 6-month period | 0.50% | 7.57% | -7.07% |
Volatility (1Y)Calculated over the trailing 1-year period | 0.59% | 11.56% | -10.97% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 0.55% | 15.16% | -14.61% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 0.55% | 16.09% | -15.54% |
E0UA.DE vs. SXR8.DE - Expense Ratio Comparison
Both E0UA.DE and SXR8.DE have an expense ratio of 0.07%, making them cost-effective options compared to the broader market, where average expense ratios typically range from 0.3% to 0.9%.
Dividends
E0UA.DE vs. SXR8.DE - Dividend Comparison
Neither E0UA.DE nor SXR8.DE has paid dividends to shareholders.
Frequently Asked Questions
E0UA.DE and SXR8.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.
Both ETFs have the same 0.07% expense ratio. The better choice depends on whether you care most about return, fees, risk, or income.
E0UA.DE and SXR8.DE have the same expense ratio: 0.07% per year.
E0UA.DE is categorized as Money Market, while SXR8.DE is S&P 500. E0UA.DE tracks ICE 0-3 Month Euro Government Bill Index, while SXR8.DE tracks S&P 500 Index.
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