EDEU.DE vs. EUN0.DE
EDEU.DE (BNP Paribas Easy ESG Dividend Europe UCITS ETF) and EUN0.DE (iShares Edge MSCI Europe Minimum Volatility UCITS ETF) are both Europe Equities funds - EDEU.DE tracks the BNP Paribas High Dividend Europe ESG while EUN0.DE tracks the MSCI Europe Minimum Volatility. Both are passively managed. Over the past 5 years, EDEU.DE returned 10.51%/yr vs 7.36%/yr for EUN0.DE. A 0.72 correlation means they provide meaningful diversification when combined. EDEU.DE charges 0.31%/yr vs 0.25%/yr for EUN0.DE.
Performance
EDEU.DE vs. EUN0.DE - Performance Comparison
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Returns By Period
In the year-to-date period, EDEU.DE achieves a 9.32% return, which is significantly higher than EUN0.DE's 5.60% return.
EDEU.DE
- 1D
- 0.63%
- 1M
- 1.70%
- YTD
- 9.32%
- 6M
- 11.88%
- 1Y
- 20.67%
- 3Y*
- 19.59%
- 5Y*
- 10.51%
- 10Y*
- —
EUN0.DE
- 1D
- 0.54%
- 1M
- 0.57%
- YTD
- 5.60%
- 6M
- 6.91%
- 1Y
- 5.46%
- 3Y*
- 10.39%
- 5Y*
- 7.36%
- 10Y*
- 6.66%
EDEU.DE vs. EUN0.DE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
EDEU.DE BNP Paribas Easy ESG Dividend Europe UCITS ETF | 9.32% | 28.12% | 11.83% | 16.84% | -12.98% | 27.34% | -14.08% | 23.54% | -20.58% | 3.83% |
EUN0.DE iShares Edge MSCI Europe Minimum Volatility UCITS ETF | 5.60% | 12.27% | 11.42% | 10.79% | -13.21% | 21.54% | -4.02% | 24.17% | -4.36% | 0.81% |
Correlation
The correlation between EDEU.DE and EUN0.DE is 0.74, 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 | 0.74 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.73 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.74 |
Correlation (All Time) Calculated using the full available price history since Sep 27, 2017 | 0.72 |
The correlation between EDEU.DE and EUN0.DE has been stable across timeframes, ranging from 0.72 to 0.74 - a consistent structural relationship.
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Return for Risk
EDEU.DE vs. EUN0.DE — Risk / Return Rank
EDEU.DE
EUN0.DE
EDEU.DE vs. EUN0.DE - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for BNP Paribas Easy ESG Dividend Europe UCITS ETF (EDEU.DE) and iShares Edge MSCI Europe Minimum Volatility UCITS ETF (EUN0.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.
| EDEU.DE | EUN0.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +1.19 | ||
| Sortino ratioReturn per unit of downside risk | +1.60 | ||
| Omega ratioGain probability vs. loss probability | 1.33 | 1.11 | +0.22 |
| Calmar ratioReturn relative to maximum drawdown | 2.90 | 0.76 | +2.14 |
| Martin ratioReturn relative to average drawdown | 9.77 | 1.97 | +7.79 |
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
| EDEU.DE | EUN0.DE | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.81 | 0.62 | +1.19 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.71 | 0.66 | +0.05 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | — | 0.53 | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.37 | 0.63 | -0.26 |
Drawdowns
EDEU.DE vs. EUN0.DE - Drawdown Comparison
The maximum EDEU.DE drawdown since its inception was -47.82%, which is greater than EUN0.DE's maximum drawdown of -30.68%. Use the drawdown chart below to compare losses from any high point for EDEU.DE and EUN0.DE.
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Drawdown Indicators
| EDEU.DE | EUN0.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -47.82% | -30.68% | -17.14% |
Max Drawdown (1Y)Largest decline over 1 year | -7.09% | -7.16% | +0.07% |
Max Drawdown (3Y)Largest decline over 3 years | -14.57% | -10.73% | -3.84% |
Max Drawdown (5Y)Largest decline over 5 years | -24.98% | -19.64% | -5.34% |
Max Drawdown (10Y)Largest decline over 10 years | — | -30.68% | — |
Current DrawdownCurrent decline from peak | -2.41% | -3.12% | +0.71% |
Average DrawdownAverage peak-to-trough decline | -9.17% | -4.69% | -4.48% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.11% | 2.76% | -0.65% |
Volatility
EDEU.DE vs. EUN0.DE - Volatility Comparison
BNP Paribas Easy ESG Dividend Europe UCITS ETF (EDEU.DE) has a higher volatility of 3.38% compared to iShares Edge MSCI Europe Minimum Volatility UCITS ETF (EUN0.DE) at 3.03%. This indicates that EDEU.DE's price experiences larger fluctuations and is considered to be riskier than EUN0.DE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| EDEU.DE | EUN0.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 3.38% | 3.03% | +0.35% |
Volatility (6M)Calculated over the trailing 6-month period | 8.74% | 7.20% | +1.54% |
Volatility (1Y)Calculated over the trailing 1-year period | 11.35% | 8.77% | +2.58% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 14.59% | 11.02% | +3.57% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 18.44% | 12.51% | +5.93% |
EDEU.DE vs. EUN0.DE - Expense Ratio Comparison
EDEU.DE has a 0.31% expense ratio, which is higher than EUN0.DE's 0.25% expense ratio.
Dividends
EDEU.DE vs. EUN0.DE - Dividend Comparison
Neither EDEU.DE nor EUN0.DE has paid dividends to shareholders.
Frequently Asked Questions
EDEU.DE and EUN0.DE have a correlation of 0.74, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, EUN0.DE is cheaper at 0.25% per year. The better choice depends on whether you care most about return, fees, risk, or income.
EUN0.DE is cheaper with a 0.25% expense ratio, compared with 0.31% for EDEU.DE.
EDEU.DE tracks BNP Paribas High Dividend Europe ESG, while EUN0.DE tracks MSCI Europe Minimum Volatility. They also come from different issuers: BNP Paribas and iShares. Their fees differ too: 0.31% for EDEU.DE and 0.25% for EUN0.DE.
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