E0UA.DE vs. YCSH.DE
E0UA.DE (iShares Euro Government Bond 0-3 Month UCITS ETF EUR (Acc)) and YCSH.DE (iShares € Cash UCITS ETF EUR Acc) are both Money Market funds from iShares. E0UA.DE is passively managed, while YCSH.DE is actively managed. Over the past year, E0UA.DE returned 1.96% vs 1.99% for YCSH.DE. At a 0.04 correlation, their price movements are largely independent. E0UA.DE charges 0.07%/yr vs 0.10%/yr for YCSH.DE.
Performance
E0UA.DE vs. YCSH.DE - Performance Comparison
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Returns By Period
The year-to-date returns for both investments are quite close, with E0UA.DE having a 1.06% return and YCSH.DE slightly higher at 1.08%.
E0UA.DE
- 1D
- 0.00%
- 1M
- 0.16%
- 6M
- 1.01%
- YTD
- 1.06%
- 1Y
- 1.96%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
YCSH.DE
- 1D
- 0.00%
- 1M
- 0.18%
- 6M
- 1.00%
- YTD
- 1.08%
- 1Y
- 1.99%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
E0UA.DE vs. YCSH.DE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | |
|---|---|---|---|
E0UA.DE iShares Euro Government Bond 0-3 Month UCITS ETF EUR (Acc) | 1.06% | 2.15% | 0.26% |
YCSH.DE iShares € Cash UCITS ETF EUR Acc | 1.08% | 2.26% | 0.25% |
Correlation
The correlation between E0UA.DE and YCSH.DE is 0.03, meaning there is essentially no relationship between their price movements. Each responds to its own set of market drivers, making them strong candidates for combining in a diversified portfolio.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.03 |
Correlation (All Time) Calculated using the full available price history since Nov 29, 2024 | 0.04 |
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Return for Risk
E0UA.DE vs. YCSH.DE — Risk / Return Rank
E0UA.DE
YCSH.DE
E0UA.DE vs. YCSH.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 € Cash UCITS ETF EUR Acc (YCSH.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.
| E0UA.DE | YCSH.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -14.52 | ||
| Sortino ratioReturn per unit of downside risk | -45.28 | ||
| Omega ratioGain probability vs. loss probability | 2.28 | 15.23 | -12.95 |
| Calmar ratioReturn relative to maximum drawdown | 8.94 | 88.39 | -79.45 |
| Martin ratioReturn relative to average drawdown | 28.78 | 810.57 | -781.78 |
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Drawdowns
E0UA.DE vs. YCSH.DE - Drawdown Comparison
The maximum E0UA.DE drawdown since its inception was -0.22%, which is greater than YCSH.DE's maximum drawdown of -0.07%. Use the drawdown chart below to compare losses from any high point for E0UA.DE and YCSH.DE.
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Drawdown Indicators
| E0UA.DE | YCSH.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -0.22% | -0.07% | -0.15% |
Max Drawdown (1Y)Largest decline over 1 year | -0.22% | -0.02% | -0.20% |
Current DrawdownCurrent decline from peak | -0.03% | 0.00% | -0.03% |
Average DrawdownAverage peak-to-trough decline | -0.03% | -0.00% | -0.03% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 0.07% | 0.00% | +0.07% |
Volatility
E0UA.DE vs. YCSH.DE - Volatility Comparison
iShares Euro Government Bond 0-3 Month UCITS ETF EUR (Acc) (E0UA.DE) has a higher volatility of 0.09% compared to iShares € Cash UCITS ETF EUR Acc (YCSH.DE) at 0.03%. This indicates that E0UA.DE's price experiences larger fluctuations and is considered to be riskier than YCSH.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 | YCSH.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 0.09% | 0.03% | +0.06% |
Volatility (6M)Calculated over the trailing 6-month period | 0.41% | 0.09% | +0.32% |
Volatility (1Y)Calculated over the trailing 1-year period | 0.60% | 0.11% | +0.49% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 0.53% | 0.19% | +0.34% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 0.53% | 0.19% | +0.34% |
E0UA.DE vs. YCSH.DE - Expense Ratio Comparison
E0UA.DE has a 0.07% expense ratio, which is lower than YCSH.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%.
Dividends
E0UA.DE vs. YCSH.DE - Dividend Comparison
Neither E0UA.DE nor YCSH.DE has paid dividends to shareholders.
Frequently Asked Questions
E0UA.DE and YCSH.DE have a correlation of 0.03, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, E0UA.DE is cheaper at 0.07% per year. The better choice depends on whether you care most about return, fees, risk, or income.
E0UA.DE is cheaper with a 0.07% expense ratio, compared with 0.10% for YCSH.DE.
Their fees differ too: 0.07% for E0UA.DE and 0.10% for YCSH.DE.
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