EFRN.L vs. SE15.L

Last updated Jun 5, 2026

EFRN.L (iShares EUR Floating Rate Bond ESG UCITS ETF EUR (Dist)) and SE15.L (iShares EUR Corporate Bond 1-5yr UCITS ETF EUR (Dist)) are both European Corporate Bonds funds from iShares tracking the Bloomberg Euro Agg Corp 1-3 Yr TR EUR. Both are passively managed. At a correlation of -0.00, they often move in opposite directions. EFRN.L charges 0.10%/yr vs 0.20%/yr for SE15.L.

Performance

EFRN.L vs. SE15.L - Performance Comparison

The chart below illustrates the hypothetical performance of a €10,000 investment in iShares EUR Floating Rate Bond ESG UCITS ETF EUR (Dist) (EFRN.L) and iShares EUR Corporate Bond 1-5yr UCITS ETF EUR (Dist) (SE15.L). The values are adjusted to include any dividend payments, if applicable.

Different Trading Currencies

EFRN.L is traded in EUR, while SE15.L is traded in GBP. To make them comparable, the SE15.L values have been converted to EUR using the latest available exchange rates.

Returns By Period

EFRN.L

• 1D: —
• 1M: —
• YTD: —
• 6M: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

SE15.L

• 1D: 0.13%
• 1M: 0.54%
• YTD: 0.55%
• 6M: 0.72%
• 1Y: 2.31%
• 3Y*: 4.69%
• 5Y*: 1.37%
• 10Y*: 1.21%

*Multi-year figures are annualized to reflect compound growth (CAGR)

EFRN.L vs. SE15.L - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018
EFRN.L iShares EUR Floating Rate Bond ESG UCITS ETF EUR (Dist)	0.00%	2.41%	4.35%	3.98%	-0.12%	-0.18%	0.03%	1.08%	-0.78%
SE15.L iShares EUR Corporate Bond 1-5yr UCITS ETF EUR (Dist)	0.55%	3.69%	4.83%	6.24%	-7.66%	-0.57%	0.90%	3.82%	-0.97%

Correlation

The correlation between EFRN.L and SE15.L is -0.06, 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	-0.06
Correlation (3Y) Calculated over the trailing 3-year period	0.03
Correlation (5Y) Calculated over the trailing 5-year period	0.00
Correlation (All Time) Calculated using the full available price history since Jul 6, 2018	-0.00

Return for Risk

EFRN.L vs. SE15.L — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

SE15.L

SE15.L Risk / Return Rank: 31
SE15.L Sharpe Ratio Rank: 33
SE15.L Sortino Ratio Rank: 34
SE15.L Omega Ratio Rank: 30
SE15.L Calmar Ratio Rank: 32
SE15.L Martin Ratio Rank: 28

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

EFRN.L vs. SE15.L - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for iShares EUR Floating Rate Bond ESG UCITS ETF EUR (Dist) (EFRN.L) and iShares EUR Corporate Bond 1-5yr UCITS ETF EUR (Dist) (SE15.L). 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.

Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.

Sharpe Ratios by Period

	EFRN.L	SE15.L	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	—	0.82	—
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	—	0.35	—
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	—	0.27	—
Sharpe Ratio (All Time) Calculated using the full available price history	—	0.39	—

Drawdowns

Drawdown Indicators

	EFRN.L	SE15.L	Difference
Max Drawdown Largest peak-to-trough decline	—	-11.13%	—
Max Drawdown (1Y) Largest decline over 1 year	—	-2.12%	—
Max Drawdown (3Y) Largest decline over 3 years	—	-2.12%	—
Max Drawdown (5Y) Largest decline over 5 years	—	-10.82%	—
Max Drawdown (10Y) Largest decline over 10 years	—	-10.84%	—
Current Drawdown Current decline from peak	—	-0.51%	—
Average Drawdown Average peak-to-trough decline	—	-1.65%	—
Ulcer Index Depth and duration of drawdowns from previous peaks	—	0.60%	—

Volatility

Volatility by Period

	EFRN.L	SE15.L	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	1.04%	—
Volatility (6M) Calculated over the trailing 6-month period	—	2.28%	—
Volatility (1Y) Calculated over the trailing 1-year period	—	2.79%	—
Volatility (5Y) Calculated over the trailing 5-year period, annualized	—	3.93%	—
Volatility (10Y) Calculated over the trailing 10-year period, annualized	—	4.56%	—

EFRN.L vs. SE15.L - Expense Ratio Comparison

EFRN.L has a 0.10% expense ratio, which is lower than SE15.L's 0.20% 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

EFRN.L vs. SE15.L - Dividend Comparison

EFRN.L has not paid dividends to shareholders, while SE15.L's dividend yield for the trailing twelve months is around 3.51%.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
EFRN.L iShares EUR Floating Rate Bond ESG UCITS ETF EUR (Dist)	0.00%	1.59%	4.22%	2.93%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
SE15.L iShares EUR Corporate Bond 1-5yr UCITS ETF EUR (Dist)	3.51%	3.34%	3.02%	1.62%	0.58%	0.68%	0.66%	0.73%	0.69%	0.77%	1.05%	0.77%

Frequently Asked Questions

Can I hold both EFRN.L and SE15.L in my portfolio?

EFRN.L and SE15.L have a correlation of -0.06, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, EFRN.L or SE15.L?

On fees, EFRN.L is cheaper at 0.10% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, EFRN.L or SE15.L?

EFRN.L is cheaper with a 0.10% expense ratio, compared with 0.20% for SE15.L.

What is the main difference between EFRN.L and SE15.L?

Both ETFs track Bloomberg Euro Agg Corp 1-3 Yr TR EUR. Their fees differ too: 0.10% for EFRN.L and 0.20% for SE15.L.