EUDI.L vs. EUNW.DE
EUDI.L (SPDR® S&P Euro Dividend Aristocrats UCITS ETF) and EUNW.DE (iShares EUR High Yield Corporate Bond UCITS ETF EUR (Dist)) are both exchange-traded funds - EUDI.L is a Europe Equities fund tracking the MSCI EMU NR EUR, while EUNW.DE is a European High Yield Bonds fund tracking the iBoxx® EUR Liquid High Yield. Both are passively managed. Over the past 10 years, EUDI.L returned 7.07%/yr vs 3.10%/yr for EUNW.DE. A 0.60 correlation means they provide meaningful diversification when combined. EUDI.L charges 0.30%/yr vs 0.50%/yr for EUNW.DE.
Performance
EUDI.L vs. EUNW.DE - Performance Comparison
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Returns By Period
In the year-to-date period, EUDI.L achieves a 5.88% return, which is significantly higher than EUNW.DE's 0.85% return. Over the past 10 years, EUDI.L has outperformed EUNW.DE with an annualized return of 7.07%, while EUNW.DE has yielded a comparatively lower 3.10% annualized return.
EUDI.L
- 1D
- -0.17%
- 1M
- 0.63%
- YTD
- 5.88%
- 6M
- 8.25%
- 1Y
- 7.73%
- 3Y*
- 13.61%
- 5Y*
- 8.06%
- 10Y*
- 7.07%
EUNW.DE
- 1D
- 0.05%
- 1M
- 0.49%
- YTD
- 0.85%
- 6M
- 1.40%
- 1Y
- 3.18%
- 3Y*
- 6.32%
- 5Y*
- 2.68%
- 10Y*
- 3.10%
EUDI.L vs. EUNW.DE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
EUDI.L SPDR® S&P Euro Dividend Aristocrats UCITS ETF | 5.88% | 19.78% | 8.49% | 17.84% | -10.67% | 14.45% | -11.74% | 21.42% | -7.84% | 11.12% |
EUNW.DE iShares EUR High Yield Corporate Bond UCITS ETF EUR (Dist) | 0.85% | 5.00% | 5.90% | 11.26% | -9.36% | 2.93% | 1.06% | 9.87% | -3.52% | 4.59% |
Correlation
The correlation between EUDI.L and EUNW.DE is 0.48, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.48 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.53 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.61 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.61 |
Correlation (All Time) Calculated using the full available price history since Dec 16, 2014 | 0.60 |
The correlation between EUDI.L and EUNW.DE shifts across timeframes, from 0.48 (1 year) to 0.61 (5 years), reflecting how their relationship changes across market environments.
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Return for Risk
EUDI.L vs. EUNW.DE — Risk / Return Rank
EUDI.L
EUNW.DE
EUDI.L vs. EUNW.DE - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for SPDR® S&P Euro Dividend Aristocrats UCITS ETF (EUDI.L) and iShares EUR High Yield Corporate Bond UCITS ETF EUR (Dist) (EUNW.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.
| EUDI.L | EUNW.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.25 | ||
| Sortino ratioReturn per unit of downside risk | -0.52 | ||
| Omega ratioGain probability vs. loss probability | 1.14 | 1.19 | -0.06 |
| Calmar ratioReturn relative to maximum drawdown | 0.97 | 1.12 | -0.15 |
| Martin ratioReturn relative to average drawdown | 3.09 | 4.73 | -1.64 |
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
| EUDI.L | EUNW.DE | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 0.72 | 0.96 | -0.25 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.60 | 0.50 | +0.10 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.48 | 0.47 | +0.01 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.54 | 0.47 | +0.06 |
Drawdowns
EUDI.L vs. EUNW.DE - Drawdown Comparison
The maximum EUDI.L drawdown since its inception was -37.79%, which is greater than EUNW.DE's maximum drawdown of -25.47%. Use the drawdown chart below to compare losses from any high point for EUDI.L and EUNW.DE.
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Drawdown Indicators
| EUDI.L | EUNW.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -37.79% | -25.47% | -12.32% |
Max Drawdown (1Y)Largest decline over 1 year | -7.96% | -2.83% | -5.13% |
Max Drawdown (3Y)Largest decline over 3 years | -11.66% | -3.80% | -7.86% |
Max Drawdown (5Y)Largest decline over 5 years | -24.02% | -14.79% | -9.23% |
Max Drawdown (10Y)Largest decline over 10 years | -37.79% | -25.47% | -12.32% |
Current DrawdownCurrent decline from peak | -2.18% | -0.10% | -2.08% |
Average DrawdownAverage peak-to-trough decline | -5.61% | -2.31% | -3.30% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.48% | 0.67% | +1.81% |
Volatility
EUDI.L vs. EUNW.DE - Volatility Comparison
SPDR® S&P Euro Dividend Aristocrats UCITS ETF (EUDI.L) has a higher volatility of 2.78% compared to iShares EUR High Yield Corporate Bond UCITS ETF EUR (Dist) (EUNW.DE) at 0.79%. This indicates that EUDI.L's price experiences larger fluctuations and is considered to be riskier than EUNW.DE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| EUDI.L | EUNW.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 2.78% | 0.79% | +1.99% |
Volatility (6M)Calculated over the trailing 6-month period | 8.83% | 2.86% | +5.97% |
Volatility (1Y)Calculated over the trailing 1-year period | 10.77% | 3.30% | +7.47% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 13.40% | 5.25% | +8.15% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 14.88% | 6.58% | +8.30% |
EUDI.L vs. EUNW.DE - Expense Ratio Comparison
EUDI.L has a 0.30% expense ratio, which is lower than EUNW.DE's 0.50% expense ratio.
Dividends
EUDI.L vs. EUNW.DE - Dividend Comparison
EUDI.L's dividend yield for the trailing twelve months is around 3.58%, less than EUNW.DE's 5.17% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
EUDI.L SPDR® S&P Euro Dividend Aristocrats UCITS ETF | 3.58% | 4.08% | 3.66% | 3.31% | 3.61% | 2.80% | 3.07% | 3.12% | 3.71% | 3.15% | 2.97% | 3.01% |
EUNW.DE iShares EUR High Yield Corporate Bond UCITS ETF EUR (Dist) | 5.17% | 5.45% | 6.09% | 5.41% | 3.70% | 3.07% | 3.67% | 3.75% | 3.68% | 3.78% | 4.03% | 4.59% |
Frequently Asked Questions
EUDI.L and EUNW.DE have a correlation of 0.48, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, EUDI.L is cheaper at 0.30% per year. The better choice depends on whether you care most about return, fees, risk, or income.
EUDI.L is cheaper with a 0.30% expense ratio, compared with 0.50% for EUNW.DE.
EUDI.L is categorized as Europe Equities, while EUNW.DE is European High Yield Bonds. EUDI.L tracks MSCI EMU NR EUR, while EUNW.DE tracks iBoxx® EUR Liquid High Yield. They also come from different issuers: State Street and iShares. Their fees differ too: 0.30% for EUDI.L and 0.50% for EUNW.DE.
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