EUED.DE vs. IS3M.DE
EUED.DE (iShares € Ultrashort Bond ESG SRI UCITS ETF EUR (Dist)) and IS3M.DE (iShares € Ultrashort Bond UCITS ETF) are both Ultrashort Bond funds from iShares - EUED.DE tracks the iBoxx MSCI ESG SRI EUR Liquid Investment Grade Ultrashort Index while IS3M.DE tracks the Markit iBoxx EUR Liquid Investment Grade Ultrashort Index (EUR). Both are passively managed. Over the past 5 years, EUED.DE returned 2.15%/yr vs 2.14%/yr for IS3M.DE. At a 0.09 correlation, their price movements are largely independent. Both charge a 0.09% expense ratio.
Performance
EUED.DE vs. IS3M.DE - Performance Comparison
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Returns By Period
The year-to-date returns for both investments are quite close, with EUED.DE having a 1.15% return and IS3M.DE slightly higher at 1.16%.
EUED.DE
- 1D
- 0.00%
- 1M
- 0.37%
- 6M
- 1.15%
- YTD
- 1.15%
- 1Y
- 2.18%
- 3Y*
- 3.35%
- 5Y*
- 2.15%
- 10Y*
- —
IS3M.DE
- 1D
- 0.08%
- 1M
- 0.28%
- 6M
- 1.07%
- YTD
- 1.16%
- 1Y
- 2.19%
- 3Y*
- 3.33%
- 5Y*
- 2.14%
- 10Y*
- 1.04%
EUED.DE vs. IS3M.DE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | |
|---|---|---|---|---|---|---|---|
EUED.DE iShares € Ultrashort Bond ESG SRI UCITS ETF EUR (Dist) | 1.15% | 2.56% | 4.11% | 3.40% | -0.40% | -0.20% | 0.51% |
IS3M.DE iShares € Ultrashort Bond UCITS ETF | 1.16% | 2.60% | 4.13% | 3.42% | -0.29% | -0.36% | 0.92% |
Correlation
The correlation between EUED.DE and IS3M.DE is 0.09, 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 | 0.09 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.07 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.09 |
Correlation (All Time) Calculated using the full available price history since Mar 16, 2020 | 0.09 |
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Return for Risk
EUED.DE vs. IS3M.DE — Risk / Return Rank
EUED.DE
IS3M.DE
EUED.DE vs. IS3M.DE - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for iShares € Ultrashort Bond ESG SRI UCITS ETF EUR (Dist) (EUED.DE) and iShares € Ultrashort Bond UCITS ETF (IS3M.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.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| EUED.DE | IS3M.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -1.42 | ||
| Sortino ratioReturn per unit of downside risk | -2.20 | ||
| Omega ratioGain probability vs. loss probability | 1.43 | 1.59 | -0.16 |
| Calmar ratioReturn relative to maximum drawdown | 10.92 | 7.36 | +3.56 |
| Martin ratioReturn relative to average drawdown | 24.27 | 46.44 | -22.17 |
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Drawdowns
EUED.DE vs. IS3M.DE - Drawdown Comparison
The maximum EUED.DE drawdown since its inception was -3.54%, smaller than the maximum IS3M.DE drawdown of -3.80%. Use the drawdown chart below to compare losses from any high point for EUED.DE and IS3M.DE.
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Drawdown Indicators
| EUED.DE | IS3M.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -3.54% | -3.80% | +0.26% |
Max Drawdown (1Y)Largest decline over 1 year | -0.20% | -0.30% | +0.10% |
Max Drawdown (3Y)Largest decline over 3 years | -0.39% | -0.47% | +0.08% |
Max Drawdown (5Y)Largest decline over 5 years | -1.20% | -1.18% | -0.02% |
Max Drawdown (10Y)Largest decline over 10 years | — | -3.80% | — |
Current DrawdownCurrent decline from peak | 0.00% | 0.00% | 0.00% |
Average DrawdownAverage peak-to-trough decline | -0.73% | -0.28% | -0.45% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 0.09% | 0.05% | +0.04% |
Volatility
EUED.DE vs. IS3M.DE - Volatility Comparison
iShares € Ultrashort Bond ESG SRI UCITS ETF EUR (Dist) (EUED.DE) and iShares € Ultrashort Bond UCITS ETF (IS3M.DE) have volatilities of 0.28% and 0.27%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| EUED.DE | IS3M.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 0.28% | 0.27% | +0.01% |
Volatility (6M)Calculated over the trailing 6-month period | 1.05% | 0.63% | +0.42% |
Volatility (1Y)Calculated over the trailing 1-year period | 1.55% | 0.77% | +0.78% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 1.65% | 0.77% | +0.88% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 2.52% | 1.11% | +1.41% |
EUED.DE vs. IS3M.DE - Expense Ratio Comparison
Both EUED.DE and IS3M.DE have an expense ratio of 0.09%, making them cost-effective options compared to the broader market, where average expense ratios typically range from 0.3% to 0.9%.
Dividends
EUED.DE vs. IS3M.DE - Dividend Comparison
EUED.DE's dividend yield for the trailing twelve months is around 2.36%, more than IS3M.DE's 2.33% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
EUED.DE iShares € Ultrashort Bond ESG SRI UCITS ETF EUR (Dist) | 2.36% | 2.74% | 3.86% | 2.75% | 0.00% | 0.00% | 0.11% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
IS3M.DE iShares € Ultrashort Bond UCITS ETF | 2.33% | 2.74% | 3.80% | 2.17% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.03% | 0.13% |
Frequently Asked Questions
EUED.DE and IS3M.DE have a correlation of 0.09, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
Both ETFs have the same 0.09% expense ratio. The better choice depends on whether you care most about return, fees, risk, or income.
EUED.DE and IS3M.DE have the same expense ratio: 0.09% per year.
EUED.DE tracks iBoxx MSCI ESG SRI EUR Liquid Investment Grade Ultrashort Index, while IS3M.DE tracks Markit iBoxx EUR Liquid Investment Grade Ultrashort Index (EUR).
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