ECR3.DE vs. IE3E.DE
ECR3.DE (Amundi Index Euro Corporate SRI 0-3 Y UCITS ETF) and IE3E.DE (iShares EUR Corporate Bond 0-3yr ESG UCITS ETF EUR Acc) are both European Corporate Bonds funds - ECR3.DE tracks the Bloomberg MSCI Euro Corporate ESG BB+ Sustainability SRI 0-3 Year while IE3E.DE tracks the Bloomberg MSCI Euro Corporate 0-3 Sustainable SRI. Both are passively managed. Over the past 3 years, ECR3.DE returned 3.72%/yr vs 3.74%/yr for IE3E.DE. A 0.70 correlation means they provide meaningful diversification when combined. Both charge a 0.12% expense ratio.
Performance
ECR3.DE vs. IE3E.DE - Performance Comparison
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Returns By Period
In the year-to-date period, ECR3.DE achieves a 0.60% return, which is significantly higher than IE3E.DE's 0.48% return.
ECR3.DE
- 1D
- 0.04%
- 1M
- 0.24%
- YTD
- 0.60%
- 6M
- 0.69%
- 1Y
- 1.99%
- 3Y*
- 3.72%
- 5Y*
- 1.57%
- 10Y*
- —
IE3E.DE
- 1D
- 0.05%
- 1M
- 0.19%
- YTD
- 0.48%
- 6M
- 0.73%
- 1Y
- 1.92%
- 3Y*
- 3.74%
- 5Y*
- —
- 10Y*
- —
ECR3.DE vs. IE3E.DE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | |
|---|---|---|---|---|---|
ECR3.DE Amundi Index Euro Corporate SRI 0-3 Y UCITS ETF | 0.60% | 2.97% | 4.19% | 4.18% | -1.83% |
IE3E.DE iShares EUR Corporate Bond 0-3yr ESG UCITS ETF EUR Acc | 0.48% | 3.04% | 4.31% | 4.16% | -1.80% |
Correlation
The correlation between ECR3.DE and IE3E.DE is 0.50, 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 | 0.50 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.69 |
Correlation (All Time) Calculated using the full available price history since May 30, 2022 | 0.70 |
The correlation between ECR3.DE and IE3E.DE shifts across timeframes, from 0.50 (1 year) to 0.70 (all time), reflecting how their relationship changes across market environments.
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Return for Risk
ECR3.DE vs. IE3E.DE — Risk / Return Rank
ECR3.DE
IE3E.DE
ECR3.DE vs. IE3E.DE - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Amundi Index Euro Corporate SRI 0-3 Y UCITS ETF (ECR3.DE) and iShares EUR Corporate Bond 0-3yr ESG UCITS ETF EUR Acc (IE3E.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.
| ECR3.DE | IE3E.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.54 | ||
| Sortino ratioReturn per unit of downside risk | +1.02 | ||
| Omega ratioGain probability vs. loss probability | 1.39 | 1.25 | +0.14 |
| Calmar ratioReturn relative to maximum drawdown | 2.16 | 1.86 | +0.30 |
| Martin ratioReturn relative to average drawdown | 8.95 | 7.32 | +1.63 |
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
| ECR3.DE | IE3E.DE | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.79 | 1.25 | +0.54 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 1.12 | — | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.80 | 1.57 | -0.76 |
Drawdowns
ECR3.DE vs. IE3E.DE - Drawdown Comparison
The maximum ECR3.DE drawdown since its inception was -5.04%, which is greater than IE3E.DE's maximum drawdown of -3.12%. Use the drawdown chart below to compare losses from any high point for ECR3.DE and IE3E.DE.
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Drawdown Indicators
| ECR3.DE | IE3E.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -5.04% | -3.12% | -1.92% |
Max Drawdown (1Y)Largest decline over 1 year | -0.88% | -0.98% | +0.10% |
Max Drawdown (3Y)Largest decline over 3 years | -0.88% | -0.98% | +0.10% |
Max Drawdown (5Y)Largest decline over 5 years | -5.04% | — | — |
Current DrawdownCurrent decline from peak | -0.10% | -0.08% | -0.02% |
Average DrawdownAverage peak-to-trough decline | -1.05% | -0.55% | -0.50% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 0.21% | 0.25% | -0.04% |
Volatility
ECR3.DE vs. IE3E.DE - Volatility Comparison
The current volatility for Amundi Index Euro Corporate SRI 0-3 Y UCITS ETF (ECR3.DE) is 0.38%, while iShares EUR Corporate Bond 0-3yr ESG UCITS ETF EUR Acc (IE3E.DE) has a volatility of 0.42%. This indicates that ECR3.DE experiences smaller price fluctuations and is considered to be less risky than IE3E.DE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| ECR3.DE | IE3E.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 0.38% | 0.42% | -0.04% |
Volatility (6M)Calculated over the trailing 6-month period | 0.96% | 1.31% | -0.35% |
Volatility (1Y)Calculated over the trailing 1-year period | 1.06% | 1.46% | -0.40% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 1.39% | 1.59% | -0.20% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 1.74% | 1.59% | +0.15% |
ECR3.DE vs. IE3E.DE - Expense Ratio Comparison
Both ECR3.DE and IE3E.DE have an expense ratio of 0.12%, making them cost-effective options compared to the broader market, where average expense ratios typically range from 0.3% to 0.9%.
Dividends
ECR3.DE vs. IE3E.DE - Dividend Comparison
Neither ECR3.DE nor IE3E.DE has paid dividends to shareholders.
Frequently Asked Questions
ECR3.DE and IE3E.DE have a correlation of 0.50, 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 0.12% expense ratio. The better choice depends on whether you care most about return, fees, risk, or income.
ECR3.DE and IE3E.DE have the same expense ratio: 0.12% per year.
ECR3.DE tracks Bloomberg MSCI Euro Corporate ESG BB+ Sustainability SRI 0-3 Year, while IE3E.DE tracks Bloomberg MSCI Euro Corporate 0-3 Sustainable SRI. They also come from different issuers: Amundi and iShares.
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