EH1Y.DE vs. SXR8.DE
EH1Y.DE (iShares Broad EUR High Yield Corporate Bond UCITS ETF EUR Dist) and SXR8.DE (iShares Core S&P 500 UCITS ETF USD (Acc)) are both exchange-traded funds - EH1Y.DE is a European High Yield Bonds fund tracking the ICE BofAML Euro High Yield Constrained, while SXR8.DE is a S&P 500 fund tracking the S&P 500 Index. Both are passively managed. Over the past 3 years, EH1Y.DE returned 7.57%/yr vs 18.87%/yr for SXR8.DE. A 0.52 correlation means they provide meaningful diversification when combined. EH1Y.DE charges 0.20%/yr vs 0.07%/yr for SXR8.DE.
Performance
EH1Y.DE vs. SXR8.DE - Performance Comparison
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Returns By Period
In the year-to-date period, EH1Y.DE achieves a 1.34% return, which is significantly lower than SXR8.DE's 11.37% return.
EH1Y.DE
- 1D
- 0.08%
- 1M
- 0.67%
- YTD
- 1.34%
- 6M
- 1.60%
- 1Y
- 4.08%
- 3Y*
- 7.57%
- 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%
EH1Y.DE vs. SXR8.DE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | |
|---|---|---|---|---|---|
EH1Y.DE iShares Broad EUR High Yield Corporate Bond UCITS ETF EUR Dist | 1.34% | 5.28% | 7.65% | 12.37% | -5.31% |
SXR8.DE iShares Core S&P 500 UCITS ETF USD (Acc) | 11.37% | 4.73% | 32.32% | 22.47% | -11.48% |
Correlation
The correlation between EH1Y.DE and SXR8.DE is 0.57, 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 | 0.57 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.48 |
Correlation (All Time) Calculated using the full available price history since Apr 8, 2022 | 0.52 |
The correlation between EH1Y.DE and SXR8.DE has been stable across timeframes, ranging from 0.48 to 0.57 - a consistent structural relationship.
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Return for Risk
EH1Y.DE vs. SXR8.DE — Risk / Return Rank
EH1Y.DE
SXR8.DE
EH1Y.DE vs. SXR8.DE - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for iShares Broad EUR High Yield Corporate Bond UCITS ETF EUR Dist (EH1Y.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.
| EH1Y.DE | SXR8.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -1.12 | ||
| Sortino ratioReturn per unit of downside risk | -1.34 | ||
| Omega ratioGain probability vs. loss probability | 1.21 | 1.41 | -0.20 |
| Calmar ratioReturn relative to maximum drawdown | 1.17 | 3.58 | -2.41 |
| Martin ratioReturn relative to average drawdown | 4.93 | 12.71 | -7.78 |
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
| EH1Y.DE | SXR8.DE | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.08 | 2.21 | -1.12 |
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 | 0.92 | 0.79 | +0.13 |
Drawdowns
EH1Y.DE vs. SXR8.DE - Drawdown Comparison
The maximum EH1Y.DE drawdown since its inception was -10.62%, smaller than the maximum SXR8.DE drawdown of -33.78%. Use the drawdown chart below to compare losses from any high point for EH1Y.DE and SXR8.DE.
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Drawdown Indicators
| EH1Y.DE | SXR8.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -10.62% | -33.78% | +23.16% |
Max Drawdown (1Y)Largest decline over 1 year | -3.31% | -7.13% | +3.82% |
Max Drawdown (3Y)Largest decline over 3 years | -3.71% | -23.32% | +19.61% |
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 | -0.32% | -0.45% | +0.13% |
Average DrawdownAverage peak-to-trough decline | -1.71% | -5.17% | +3.46% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 0.79% | 2.01% | -1.22% |
Volatility
EH1Y.DE vs. SXR8.DE - Volatility Comparison
The current volatility for iShares Broad EUR High Yield Corporate Bond UCITS ETF EUR Dist (EH1Y.DE) is 1.09%, while iShares Core S&P 500 UCITS ETF USD (Acc) (SXR8.DE) has a volatility of 2.65%. This indicates that EH1Y.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
| EH1Y.DE | SXR8.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 1.09% | 2.65% | -1.56% |
Volatility (6M)Calculated over the trailing 6-month period | 3.13% | 7.57% | -4.44% |
Volatility (1Y)Calculated over the trailing 1-year period | 3.56% | 11.56% | -8.00% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 5.34% | 15.16% | -9.82% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 5.34% | 16.09% | -10.75% |
EH1Y.DE vs. SXR8.DE - Expense Ratio Comparison
EH1Y.DE has a 0.20% expense ratio, which is higher than SXR8.DE's 0.07% expense ratio. However, both funds are considered low-cost compared to the broader market, where average expense ratios usually range from 0.3% to 0.9%.
Dividends
EH1Y.DE vs. SXR8.DE - Dividend Comparison
EH1Y.DE's dividend yield for the trailing twelve months is around 6.78%, while SXR8.DE has not paid dividends to shareholders.
| Position | TTM | 2025 | 2024 | 2023 | 2022 |
|---|---|---|---|---|---|
EH1Y.DE iShares Broad EUR High Yield Corporate Bond UCITS ETF EUR Dist | 6.78% | 5.47% | 5.71% | 5.03% | 1.04% |
SXR8.DE iShares Core S&P 500 UCITS ETF USD (Acc) | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Frequently Asked Questions
EH1Y.DE and SXR8.DE have a correlation of 0.57, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, SXR8.DE is cheaper at 0.07% per year. The better choice depends on whether you care most about return, fees, risk, or income.
SXR8.DE is cheaper with a 0.07% expense ratio, compared with 0.20% for EH1Y.DE.
EH1Y.DE is categorized as European High Yield Bonds, while SXR8.DE is S&P 500. EH1Y.DE tracks ICE BofAML Euro High Yield Constrained, while SXR8.DE tracks S&P 500 Index. Their fees differ too: 0.20% for EH1Y.DE and 0.07% for SXR8.DE.
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