EUED.DE vs. IS3N.DE
EUED.DE (iShares € Ultrashort Bond ESG SRI UCITS ETF EUR (Dist)) and IS3N.DE (iShares Core MSCI Emerging Markets IMI UCITS ETF (Acc)) are both exchange-traded funds - EUED.DE is a Ultrashort Bond fund tracking the iBoxx MSCI ESG SRI EUR Liquid Investment Grade Ultrashort Index, while IS3N.DE is a Emerging Markets Equities fund tracking the MSCI Emerging Markets Investable Market Index (IMI). Both are passively managed. Over the past 5 years, EUED.DE returned 2.15%/yr vs 8.39%/yr for IS3N.DE. At a correlation of -0.00, they often move in opposite directions. EUED.DE charges 0.09%/yr vs 0.18%/yr for IS3N.DE.
Performance
EUED.DE vs. IS3N.DE - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, EUED.DE achieves a 1.15% return, which is significantly lower than IS3N.DE's 26.15% return.
EUED.DE
- 1D
- 0.00%
- 1M
- 0.37%
- 6M
- 1.15%
- YTD
- 1.15%
- 1Y
- 2.18%
- 3Y*
- 3.35%
- 5Y*
- 2.15%
- 10Y*
- —
IS3N.DE
- 1D
- 2.11%
- 1M
- -1.18%
- 6M
- 22.85%
- YTD
- 26.15%
- 1Y
- 42.71%
- 3Y*
- 19.59%
- 5Y*
- 8.39%
- 10Y*
- 9.80%
EUED.DE vs. IS3N.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% |
IS3N.DE iShares Core MSCI Emerging Markets IMI UCITS ETF (Acc) | 26.15% | 17.14% | 13.88% | 7.20% | -13.85% | 7.09% | 37.12% |
Correlation
The correlation between EUED.DE and IS3N.DE 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 Mar 16, 2020 | -0.00 |
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Return for Risk
EUED.DE vs. IS3N.DE — Risk / Return Rank
EUED.DE
IS3N.DE
EUED.DE vs. IS3N.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 Core MSCI Emerging Markets IMI UCITS ETF (Acc) (IS3N.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 | IS3N.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.82 | ||
| Sortino ratioReturn per unit of downside risk | -0.78 | ||
| Omega ratioGain probability vs. loss probability | 1.43 | 1.40 | +0.03 |
| Calmar ratioReturn relative to maximum drawdown | 10.92 | 4.04 | +6.87 |
| Martin ratioReturn relative to average drawdown | 24.27 | 13.47 | +10.80 |
Loading charts...
Drawdowns
EUED.DE vs. IS3N.DE - Drawdown Comparison
The maximum EUED.DE drawdown since its inception was -3.54%, smaller than the maximum IS3N.DE drawdown of -35.06%. Use the drawdown chart below to compare losses from any high point for EUED.DE and IS3N.DE.
Loading charts...
Drawdown Indicators
| EUED.DE | IS3N.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -3.54% | -35.06% | +31.52% |
Max Drawdown (1Y)Largest decline over 1 year | -0.20% | -10.52% | +10.32% |
Max Drawdown (3Y)Largest decline over 3 years | -0.39% | -19.18% | +18.79% |
Max Drawdown (5Y)Largest decline over 5 years | -1.20% | -21.99% | +20.79% |
Max Drawdown (10Y)Largest decline over 10 years | — | -32.51% | — |
Current DrawdownCurrent decline from peak | 0.00% | -4.56% | +4.56% |
Average DrawdownAverage peak-to-trough decline | -0.73% | -9.24% | +8.51% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 0.09% | 3.16% | -3.07% |
Volatility
EUED.DE vs. IS3N.DE - Volatility Comparison
The current volatility for iShares € Ultrashort Bond ESG SRI UCITS ETF EUR (Dist) (EUED.DE) is 0.28%, while iShares Core MSCI Emerging Markets IMI UCITS ETF (Acc) (IS3N.DE) has a volatility of 8.89%. This indicates that EUED.DE experiences smaller price fluctuations and is considered to be less risky than IS3N.DE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| EUED.DE | IS3N.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 0.28% | 8.89% | -8.61% |
Volatility (6M)Calculated over the trailing 6-month period | 1.05% | 16.69% | -15.64% |
Volatility (1Y)Calculated over the trailing 1-year period | 1.55% | 19.07% | -17.52% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 1.65% | 16.62% | -14.97% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 2.52% | 18.15% | -15.63% |
EUED.DE vs. IS3N.DE - Expense Ratio Comparison
EUED.DE has a 0.09% expense ratio, which is lower than IS3N.DE's 0.18% 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
EUED.DE vs. IS3N.DE - Dividend Comparison
EUED.DE's dividend yield for the trailing twelve months is around 2.36%, while IS3N.DE has not paid dividends to shareholders.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 |
|---|---|---|---|---|---|---|---|
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% |
IS3N.DE iShares Core MSCI Emerging Markets IMI UCITS ETF (Acc) | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Frequently Asked Questions
EUED.DE and IS3N.DE 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.
On fees, EUED.DE is cheaper at 0.09% per year. The better choice depends on whether you care most about return, fees, risk, or income.
EUED.DE is cheaper with a 0.09% expense ratio, compared with 0.18% for IS3N.DE.
EUED.DE is categorized as Ultrashort Bond, while IS3N.DE is Emerging Markets Equities. EUED.DE tracks iBoxx MSCI ESG SRI EUR Liquid Investment Grade Ultrashort Index, while IS3N.DE tracks MSCI Emerging Markets Investable Market Index (IMI). Their fees differ too: 0.09% for EUED.DE and 0.18% for IS3N.DE.
Find the right allocation for EUED.DE and IS3N.DE
Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Optimizer