ERNX.DE vs. REGB.L
ERNX.DE (iShares Euro Ultrashort Bond UCITS ETF EUR Accumulating) and REGB.L (VanEck Rare Earth and Strategic Metals UCITS ETF A) are both exchange-traded funds - ERNX.DE is a Ultrashort Bond fund tracking the Markit iBoxx EUR Liquid Investment Grade Ultrashort Index, while REGB.L is a Precious Metals fund tracking the EMIX Global Mining Global Gold TR USD. Both are passively managed. Over the past 3 years, ERNX.DE returned 3.33%/yr vs 3.04%/yr for REGB.L. At a correlation of -0.03, they often move in opposite directions. ERNX.DE charges 0.09%/yr vs 0.59%/yr for REGB.L.
Performance
ERNX.DE vs. REGB.L - Performance Comparison
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Different Trading Currencies
ERNX.DE is traded in EUR, while REGB.L is traded in GBP. To make them comparable, the REGB.L values have been converted to EUR using the latest available exchange rates.
Returns By Period
In the year-to-date period, ERNX.DE achieves a 0.87% return, which is significantly lower than REGB.L's 32.46% return.
ERNX.DE
- 1D
- 0.04%
- 1M
- 0.26%
- YTD
- 0.87%
- 6M
- 0.99%
- 1Y
- 2.18%
- 3Y*
- 3.33%
- 5Y*
- —
- 10Y*
- —
REGB.L
- 1D
- -1.95%
- 1M
- -6.42%
- YTD
- 32.46%
- 6M
- 40.37%
- 1Y
- 155.59%
- 3Y*
- 3.04%
- 5Y*
- —
- 10Y*
- —
ERNX.DE vs. REGB.L - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | |
|---|---|---|---|---|---|
ERNX.DE iShares Euro Ultrashort Bond UCITS ETF EUR Accumulating | 0.87% | 2.69% | 4.04% | 3.34% | 0.10% |
REGB.L VanEck Rare Earth and Strategic Metals UCITS ETF A | 32.46% | 66.51% | -31.39% | -21.15% | -21.78% |
Correlation
The correlation between ERNX.DE and REGB.L is -0.12, meaning they tend to move in opposite directions. This is especially valuable for risk management - when one declines, the other has historically tended to hold steady or rise.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | -0.12 |
Correlation (3Y) Calculated over the trailing 3-year period | -0.06 |
Correlation (All Time) Calculated using the full available price history since May 2, 2022 | -0.03 |
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Return for Risk
ERNX.DE vs. REGB.L — Risk / Return Rank
ERNX.DE
REGB.L
ERNX.DE vs. REGB.L - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for iShares Euro Ultrashort Bond UCITS ETF EUR Accumulating (ERNX.DE) and VanEck Rare Earth and Strategic Metals UCITS ETF A (REGB.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.
| ERNX.DE | REGB.L | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.46 | ||
| Sortino ratioReturn per unit of downside risk | +1.30 | ||
| Omega ratioGain probability vs. loss probability | 1.67 | 1.45 | +0.22 |
| Calmar ratioReturn relative to maximum drawdown | 10.99 | 7.54 | +3.44 |
| Martin ratioReturn relative to average drawdown | 54.93 | 19.40 | +35.53 |
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
| ERNX.DE | REGB.L | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 2.94 | 3.40 | -0.46 |
Sharpe Ratio (All Time)Calculated using the full available price history | 3.90 | 0.01 | +3.89 |
Drawdowns
ERNX.DE vs. REGB.L - Drawdown Comparison
The maximum ERNX.DE drawdown since its inception was -0.83%, smaller than the maximum REGB.L drawdown of -72.98%. Use the drawdown chart below to compare losses from any high point for ERNX.DE and REGB.L.
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Drawdown Indicators
| ERNX.DE | REGB.L | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -0.83% | -72.98% | +72.15% |
Max Drawdown (1Y)Largest decline over 1 year | -0.20% | -20.50% | +20.30% |
Max Drawdown (3Y)Largest decline over 3 years | -0.20% | -61.03% | +60.83% |
Current DrawdownCurrent decline from peak | -0.00% | -25.81% | +25.81% |
Average DrawdownAverage peak-to-trough decline | -0.09% | -41.47% | +41.38% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 0.04% | 7.99% | -7.95% |
Volatility
ERNX.DE vs. REGB.L - Volatility Comparison
The current volatility for iShares Euro Ultrashort Bond UCITS ETF EUR Accumulating (ERNX.DE) is 0.17%, while VanEck Rare Earth and Strategic Metals UCITS ETF A (REGB.L) has a volatility of 13.43%. This indicates that ERNX.DE experiences smaller price fluctuations and is considered to be less risky than REGB.L based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| ERNX.DE | REGB.L | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 0.17% | 13.43% | -13.26% |
Volatility (6M)Calculated over the trailing 6-month period | 0.56% | 32.02% | -31.46% |
Volatility (1Y)Calculated over the trailing 1-year period | 0.74% | 45.54% | -44.80% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 0.68% | 45.23% | -44.55% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 0.68% | 45.23% | -44.55% |
ERNX.DE vs. REGB.L - Expense Ratio Comparison
ERNX.DE has a 0.09% expense ratio, which is lower than REGB.L's 0.59% expense ratio.
Dividends
ERNX.DE vs. REGB.L - Dividend Comparison
Neither ERNX.DE nor REGB.L has paid dividends to shareholders.
Frequently Asked Questions
ERNX.DE and REGB.L have a correlation of -0.12, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, ERNX.DE is cheaper at 0.09% per year. The better choice depends on whether you care most about return, fees, risk, or income.
ERNX.DE is cheaper with a 0.09% expense ratio, compared with 0.59% for REGB.L.
ERNX.DE is categorized as Ultrashort Bond, while REGB.L is Precious Metals. ERNX.DE tracks Markit iBoxx EUR Liquid Investment Grade Ultrashort Index, while REGB.L tracks EMIX Global Mining Global Gold TR USD. They also come from different issuers: iShares and VanEck. Their fees differ too: 0.09% for ERNX.DE and 0.59% for REGB.L.
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